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Wewaii [24]
3 years ago
8

What is a mortgage?

Business
1 answer:
Ganezh [65]3 years ago
4 0
Mortgage is the loan you get and repay on a house
 Its definitely not rent
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This question explores the calculation of the unemployment rate. You will be provided some imperfect employment data for four di
Alik [6]

Answer:

Unemployment rate= 0.13= 13%

Explanation:

Giving the following information:

Of these 95 individuals, 75 are in the labor force and 65 are employed.

<u>To calculate the unemployment rate, we need to use the following formula:</u>

<u></u>

Unemployment rate= unmeployed population / labor force

Unemployment rate= 10/75

Unemployment rate= 0.13

7 0
3 years ago
Firefly Inc. sold land for $225,000 cash. The land had been purchased five years earlier for $275,000. The loss on the sale was
solmaris [256]

Answer:

$225,000

Explanation:

The cash flow statement is divided into three categories investing, operating and financing. The investing activity refers to those activities which deal in buying and selling for long term asset in cash. The buying is cash outflow while the selling is a cash inflow.  So the amount reported under the investing activity is $225,000 as cash inflow.

8 0
3 years ago
During the planning process, if there is a gap between future desired sales and projected sales, corporate management will need
atroni [7]

Answer:

They are:

1) Intensive growth

2) Integrative growth

3) Diversification growth

Explanation:

1. Intensive growth:

This involves identifying further growth opportunities that are available within existing businesses. It identifies new customer groups for growth within current businesses, develop additional distribution channels or selling in new markets such as those in other countries. If this is insufficient the company may look into Integrative growth.

2. Integrative growth:

The second involves involves backward, forward, or horizontal integration. Horizontal integration involves buying smaller competitors.

Backward integration reaches into value chain to get suppliers. Forward involves buying distribution channels in the value chain closest to the customer. Integrative growth identifies opportunities to acquire businesses that are in relation to current businesses.

3. Diversification:

Diversification growth is to identify opportunities so as to add attractive unrelated businesses

8 0
3 years ago
Silvia's Studio provided $200 of dance instruction and rented out its dance studio to the same client for another $125. The clie
guapka [62]

Answer:

The general journal entry to be made is:

Dr  Cash($200+$125)                                $325

Cr Revenue from services provided                      $200

Cr Revenue from rental services                            $125

Explanation:

The sales revenue is made up of dance and rental services which implies that the account for each is credited with $200 and $125 respectively as increase in income naturally is credited to revenue.

On other hand the receipt of cash of $200 as well as $125 which sums up to $325 implies that cash has increased by the same amount, since cash is an asset an increase in asset has a debit entry, that justifies the reason for debiting cash account with $325

8 0
3 years ago
Read 2 more answers
Which of the following is the single largest federal expenditure? *
choli [55]

Answer:

it is B

Explanation:

I Known because I searched it up

8 0
2 years ago
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