Which best describes the benefits of renting a home?

1 answer:

7 0

The benefits of renting include:Financial flexibility. Think of a ocean liner and a speedboat. ...Financial stability. ...Career flexibility. ...Low maintenance costs. ...No market risk. ...You don't pay taxes or insurance directly. ...No cash outlay required. ...Some bills are included in the rental price

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During its first year of operations, Cupola Fan Corporation issued 43,000 of $1 par Class B shares for $450,000 on June 30, 2018

jasenka [17]

Answer:

cash 447,200 debit

common stock 43,000 credit

additional paid-in 404,200 credit

-- to record issuance of stocks --

dividends 94,600 debit

dividends payable 94,600 credit

-- to reocrd declaration of dividends --

dividends payable 94,600 debits

cash 94,600 credits

-- to record payment of cash dividends--

Explanation:

issuance of share:

43,000 x 1 = 43,000 common stock

cash procced 447,200 (450,000 - 2,800 flotation cost)

addition paid in 404,200 (difference between common stokc and procceds

dividends entries

dividends: 43,000 x 2.2 = 94,600 dividends

when declaringwe use a payable account

at payment date we write-off the payable and decrease cash.

4 0

3 years ago

Marissa, a product manager, thinks her company's InstaCup coffee maker is currently in the growth stage of the product life cycl

Elenna [48]

Increased, decreased or remained the same.

6 0

3 years ago

What is the primary reason for analyzing sales history of the subject and comparable sales?

snow_lady [41]

The primary reason for analyzing the sales history of the subject and comparable sales is to Determine that flipping actions have not occurred.

The appraiser prepares a report stating the estimated market value of the property. An appraiser will perform a physical inspection of the property and review relevant information that may affect the value of the home, such as B. Square footage and the number of bedrooms.

The purpose of the evaluation is to state the reasons and scope of the evaluation order. H. Estimating defined values for property division, or performing analysis or consulting work related to property decisions.

The term sales comparison approach refers to a property valuation method that compares a property to comparable or other recently sold properties in areas with similar characteristics. Realtors and appraisers can use the compare-for-sale approach when valuing properties for sale.

Learn more about sales here brainly.com/question/25743891

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8 0

1 year ago

Anthony operates a part time auto repair service. He estimates that a new diagnostic computer system will result in increased ca

alexira [117]

Answer:

The most he would be willing to pay for the new diagnostic computer system would be $5,503.38

Explanation:

Hi, we need to solve this bringing to present value all the future cash flows, discounted at 10%. This is because we need to find the cost that will equal the present value of all the future and positive cash flows, therefore Anthony will obtain a NPV = 0 (net present value, that is NPV), this is as follows.

$PV=\frac{CF1}{(1+r)^{1} } +\frac{CF2}{(1+r)^{2} } +\frac{CF3}{(1+r)^{3} }$