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3 years ago

Real estate is a great investment for everyone, particularly since the money is more liquid than common stocks. true or false

Business

2 answers:

dlinn [17]3 years ago

5 0

Answer: False

Explanation:

Real estate is known to comprise of land, the houses, buildings, utility system, fence, wells and the natural resources on the land. Real estate is of four types which include: residential real estate, commercial real estate, industrial real estate and land.

Liquidity is the extent to which an asset can be quickly converted to cash in order to meet certain needs.

Musya8 [376]3 years ago

4 0

<span>this assumption is false. Liquidity of money refers to the ease with which the owner of an asset can convert it into cash. it is easier to convert common stocks into cash rather than attempt to raise cash from sale or mortgage of real estate assets.</span>

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You manage a farm equipment supply store in iowa. Use the price of soybean futures as a signal, an incentive, and as a source of

vlada-n [284]

You manage a farm equipment supply store in iowa. Use the price of soybean futures as a signal, an incentive, and as a source of information to help make better business decisions by answering the following questions. Soybean futures are option C. contracts where a buyer agrees to purchase soybeans at a specific time in the future.

The price of soybean futures has increased over the last three months. as a soybean equipment supplier, how you would respond is that A higher futures price indicates that farmers expect to be able to sell soybeans at <u>higher</u> price in the future. You should <u>increase</u> the amount of soybean farming equipment you plan on supplying to the market.

<h3>Who is a store manager?</h3>

A store manager also known as a retail manager is the person powerfully responsible for the every day activities (or management) of a retail store. All employees working in the store report to the retail/store manager. A store manager reports to a district/area or general manager.

Therefore, the correct answer is as given above

learn more about store manager: brainly.com/question/28219371

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1 year ago

The December 31, 2021, inventory of Tog Company, based on a physical count, was determined to be $467,000. Included in that coun

8090 [49]

Answer:

Tog Company

a. The correct December 31, 2021 balance of Inventory is

= $592,500.

b. The error increased the cost of goods sold, thereby reducing the net income and the retained earnings.

c. Journal Entries to correct errors:

Debit 2021 Inventory $67,000

Credit 2022 Inventory $67,000

To correct the error.

December 31, 2021

Debit Purchase $97,000

Credit Accounts Payable $97,000

To record the purchase of merchandise, shipped FOB shipping point on December 28, 2021.

Explanation:

a) Data and Calculations:

Physical count Inventory = $467,000

FOB shipping point 2021 = 28,500

December 28 FOB shipping point = 97,000

December 31, 2021 balance = $592,500

The error would increase the cost of goods sold, thereby reducing the net income and the retained earnings.

Journal Entries to correct errors:

December 31, 2021

a. 2021 Inventory $67,000 2022 Inventory $67,000. The records should be for 2021 and not 2022.

b. This only affects the physical count and not the records.

c. Purchase $97,000 Accounts Payable $97,000. Both the physical count and the records were omitted.

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3 years ago