Answer:
The quality of rental housing units falls.
The quantity of available rental housing units falls.
Explanation:
When landlords are compelled to rent out housing units for less than the market price there is reduction in the e amount the landlord is willing to spend on maintenance. This will result in low quality houses as renting is not lucrative enough for them to put in the effort of good maintenance.
There is also a decrease in the number of available house rental units. Landlord will either find other uses for the property that pays more resulting in less units available for people that want to rent, or they will withhold the houses from the market till clients resort to black market practices where they will pay high prices under the table for property rent.
$58,000 is the amount of adjusting entry for bad debts at december 31st. To calculate the adjusting entry for bad debts at december 31st we need to subtract the aloowance for doubtful accounts to accounts receivable which is $128,000 and $70,000 respectively. So 128,000 - 70,000 = $58,000. The answer in this question is $58,000.
false,since the less the number the more cohesion
Pension expense of Harvey Hotels in its income statement for the year= <u>$9.7 million
</u>.
<u>Explanation</u>:
Service cost= $7.3 million
Interest cost= $2.5 million
Amortization of prior service cost= $2.2 million
Expected return on plan assets= $2.3 million
Pension expense=?
Pension expense is decreased by amortization of net gain.
Pension expense= (Service cost+ Interest cost- Expected return on plan assets+ Amortization of prior service cost
= (7.3+2.5+2.2)-2.3
= 9.7 million
Pension expense of Harvey Hotels in its income statement for the year= $9.7 million
<span>This is a hot site. These are locations that can take over in the case of a crash at the local site, where most of the IT work is performed. This makes handling and storing the data at the original location much more secure and makes it easier to fix issues that can occur, if they are large enough.</span>
