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3 years ago

Purchasing a home usually requires ____ for the down payment

Business

2 answers:

Lemur [1.5K]3 years ago

7 0

Answer:

C) A loan

Explanation:

djverab [1.8K]3 years ago

5 0

Steps needed: Find what a house purchase usually requires for down payment.

Answer: Whenever you buy a house, you don't always want to pay it full price, so you go to the bank to borrow some money. Even though you don't want to pay it full price, you still should pay a big ton of it so that you don't have to end up borrowing a lot of money from the bank, which you would then have to pay back twice as much to them. So the answer is D. A lump sum.

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What would likely be covered under homeowners insurance but not by renters insurance?

kozerog [31]

If this is a multiple choice the answer is the option about the tree branch breaking your bedroom window...hope this helps:)

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4 years ago

On November 15, Paulson Painting received a $6,000 cash payment from Apex Inc. in exchange for painting services to be provided

ahrayia [7]

Answer:

c. In Paulson's general ledger, the ending balance for the Cash account will be correct. However, the ending balance for the Service Revenue account will be too high and the ending balance for the Unearned Service Revenue account will be too low

Explanation:

Around 15th November, Paulson Painting endured a $6,000 cash amount from Apex Inc. in replacement for painting services to be rendered in the month of December. While posting the journal insertions correlated to this amount, Paulson's controller debits the Cash statement for $6,000 as well as charges Service Revenue toward $6,000. The statement which best describes the results of this posting is that, in Paulson's general ledger, the ending balance for the Cash account will be accurate. Nevertheless, the ending balance regarding the Service Revenue account will remain extremely high as well as the ending balance for the Unearned Service Revenue account will remain extremely low.

5 0

3 years ago

Which one of these factors plays a role in determining the extent and duration of frictional unemployment?

Pavel [41]

The correct answer for the question that is being presented above is this one: "B. the extent to which government legislation requires firms to provide health insurance for employees."

Here are the following choices:
A. the education and skill levels of labor force participants
B. the extent to which government legislation requires firms to provide health insurance for employees
C. the degree to which the overall level of business activity fluctuates up and down
D. the ease with which job seekers can obtain information about job openings

5 0

3 years ago

A company produces alternators for cars. They generally use a static budget with the following costs based on 8,000 units per mo

Daniel [21]

Answer:

$70,875

Explanation:

By definition, a flexible budget is when a budget has been adjusted or flexed to accommodate the changes in the level of activity.

If the company wanted to create a flexible budget for 9,000 units, then the value that would be recorded for variable costs will be:

Indirect materials, $22,000/8000*9000 = 24,750;

Indirect labor, $25,000/8000*9000 = 28,125 ;

Utilities, $12,000/8000*9000 = 13,500;

Supervision, $4,000/8000*9000=4,500

Total of variable costs = ........................70,875

3 0

3 years ago

Craig's Car Wash Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the projec

otez555 [7]

Answer: B - 2.09 years

Explanation:

Discounted payback period calculates how long it takes for the amount invested in a project to be recovered from the cash flows generated from the project.

The calculation used in getting the answer is found in the attachment.

6 0

4 years ago