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Slav-nsk [51]
3 years ago
9

Eight years ago you bought your house for $115,000. You just sold it for $267,000. What was the average annual appreciation of y

our home
Business
2 answers:
almond37 [142]3 years ago
8 0

Answer:

(C)  y = 115,000(1.05)x

Explanation:

i just took the test

lana66690 [7]3 years ago
6 0

Answer:

$19,000

Explanation:

appreciation is the difference between the price at which the house was bought and the price at which the house was sold

$267,000 - $115,000 = $152,000.

Average annual appreciation = $152,000 / 8 =$19,000

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If a company issues 2,500 shares of common stock at a market price of $48 per share, which of the following is the correct balan
Yuri [45]

Answer:

A. Increase cash by $120,000 and increase contributed capital by $120,000

Explanation:

when a company issues common stock then the company's cash balance and shareholders fund increases.

in this case, the company issued 2,500 shares of common stock at price $48;

The effect increase cash = 2,500*48

                                         = $120,000

The effect increase contributed capital = 2,500*48

                                                                  = $120,000

Therefore, The the correct balance sheet effect is, increase cash by $120,000 and increase contributed capital by $120,000.

5 0
4 years ago
What is the earliest and latest patent found on a spork design
bezimeni [28]

the earliest is the year the year 2018 and the first time one was invented was 1804! crazy huh it is really funny tho... hope this helps!


7 0
3 years ago
During the current year, Walter invests $35,000 in each of two separate corporations. Each investment gives him a 20% ownership
Bond [772]

Answer:

B) Only statement II is correct.

  • II. Has $20,000 of taxable income from Corporation Z.

Explanation:

One of the disadvantages of a C Corporation is that their owners (stockholders) are double taxed. That means that the corporation is taxed and then the stockholders are taxed depending on the dividends that they receive. In this case, Walter has $10,000 of taxable income from Corporation X (= $50,000 x 20%).

On the other hand, sole proprietorships, partnerships, limited liability companies and S Corporations are not taxed, they are pass through entities whose owners are taxed directly. In this case, Walter owns 20% of Corporation Z, therefore he must pay taxes on 20% of taxable income = $100,000 x 20% = $20,000.

8 0
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Anastasy [175]

C.-

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3 years ago
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ludmilkaskok [199]
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6 0
4 years ago
Read 2 more answers
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