1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lord [1]
3 years ago
14

Explain the tradeoffs that people may face when choosing a house or an apartment

Business
1 answer:
ra1l [238]3 years ago
8 0

Answer:

The answer is stated below:

Explanation:

The trade off which is faced by people when choosing the house or an apartment are:

Consumer or the people faced with the several options like an apartment or the house, when deciding what to purchase.

Resources - Resources means the financial condition of the person, if the resources are unlimited, then person will consider to buy a house and if the person have the resources limited, then they should consider buying an apartment.

Family preference - The person family preference need to be considered as if the family wants or like to live in house then the person should consider this and if want an apartment, then the person should consider that.

You might be interested in
The term monopoly refer most specifically to
Alisiya [41]
<span>the exclusive possession or control of the supply or trade in a commodity or service.</span>
8 0
3 years ago
Equipment that was purchased for $900,000 has a current book value of $450,000. Assume a capital gains tax rate of 28%. Compute
natita [175]

Answer:

there is an increase in taxes of $52,192

Explanation:

The computation of the net payment or saving is shown below:

Given that

Book value = $450,000

Sale value = $636,400

since the sales value is more than the book value so here the capital profit is there

Therefore capital profit would be

= $636,400 - $450,000

= $186,400

Now tax would be

= $186,400 × 28%

= $52,192

So there is an increase in taxes of $52,192

7 0
3 years ago
You have three separate accounts with your bank that you can manipulate with online banking. Account "A" is a checking account w
miss Akunina [59]

Answer:

A) $10,195

Explanation:

This can be calculated as follows:

Amount in Account "B" = $12,850.25

Remaining balance after moving $2,500 from Account "B" to account "A" = Amount in Account "B" - $2,500 = $12,850.25 - $2,500 = $10,350.25

Amount moved from account "B" to account "C" = Remaining balance after moving $2,500 from Account "B" to account "A" * 1.5% = $10,350.25 * 1.5% = $155.25

Balance after moving 1.5% of the remaining balance in account "B" to account "C" = Remaining balance after moving $2,500 from Account "B" to account "A" - Amount moved from account "B" to account "C" = $10,350.25 - $155.25 = $10,195

Therefore, the correct option is A) $10,195.

6 0
3 years ago
When economists attempt to predict the spending patterns of U.S. households, they will typically view the _____________________
Digiron [165]
<span>When economists attempt to predict the spending patterns of U.S. households, they will typically view the DAILY COST OF LIVING as a primary determining factor that influences the individual consumption choices that each will make. 

An economist can predict the spending power of the masses if he/she knows how much energy and monetary value is being spent on a daily basis. This way he/she will know the consumption choices that these consumers are making for themselves.</span>
4 0
3 years ago
Onslow Co. purchased a used machine for $178,000 cash on January 2. On January 3, Onslow paid $2,840 to wire electricity to the
arsen [322]

Answer:

2nd January

Dr Machinery              $178,000

  Cr Cash                    $178,000

( to record the purchase of used machine)

3rd January

Dr Machinery              $4,000

  Cr Cash                    $4,000

(to capitalized the cost of wire electricity and installation to put the purchased machine in a ready-to-use stage).  

Explanation:

- According to the information, all the expenses relating to the purchase of used machine are in cash. Thus, Cash is credited at the total amount of $182,000, in which $178,000 is credited in 2nd January to record the purchased price and the other $4,000 (2,840 + 1,160) is credited in 3rd January.

- Under GAAP, the recorded costs of a purchased fixed asset should included all the costs incurred which are necessary to bring the fixed asset to a ready-to-use stage. As wire electricity cost & cost for securing the machine in its position are all necessary for the machine's operation, these costs should be capitalized.  

6 0
3 years ago
Other questions:
  • As a result of a divorce settled in 2017, a taxpayer received the following during the current year: Child support $12,000 Alimo
    5·1 answer
  • An interest group's primary responsibility is to
    5·1 answer
  • Karen’s monthly cell phone bill is $75. What type of budget item would her cell phone bill be?
    11·2 answers
  • The U.S. Securities and Exchange Commission periodically charges individuals with insider trading and claims those individuals h
    13·1 answer
  • Suppose China exports TVs and uses the yuan as its currency, whereas Russia exports vodka and uses the ruble. China has a stable
    10·1 answer
  • How do compliments and substitutes affect demand ?
    9·1 answer
  • What is the quantity of money demanded when the interest rate is 6%? quantity: $ billionbillion What is the quantity of money de
    14·1 answer
  • The natural rate of unemployment is the a. unemployment rate that would prevail with zero inflation. b. amount of unemployment t
    13·2 answers
  • Help please xx<br> Which economic indicator measures economic growth?
    7·1 answer
  • A student is writing a research paper about the poetry of the Harlem Renaissance. Which style guidelines will the student most l
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!