Answer:
45.45%
Explanation:
The total selling price was $200,000 (paid on the date of the sale) + $900,000 (note received) = $1,100,000
Juan's cost of he land = $700,000 (basis) - $100,000 (mortgage) = $600,000
Juan's profit = $1,100,000 - $600,000
Juan's gross profit percentage = $500,000 / $1,100,000 = 45.45%
Are you asking if it’s true or false?
Answer: Direct materials quantity variance.
Explanation:
Direct Material quantity variance is the difference between the actual quantity of materials used in production and the standard quantity that was supposed to be used, multiplied by the standard price of the material.
It is a method that checks the company's efficiency is being able to use raw materials to produce goods. If the Actual quantity needed is greater than the Standard quantity, this will be considered an Unfavorable Variance and mean that the company was not efficient in using the materials.
Causes of this can be low quality of materials and inadequate employee training.
The best transportation option for Jim is C. Utilizing his saving as a down payment and buying the car using an auto loan.
<h3>Further explanation
</h3>
Auto loan is a loan secured for the expressed purpose of purchasing a car. We can save money by paying off your car loan early. Because we are most likely more than halfway through our loan, most of our payment is currently going toward the principal.
There are four basic building blocks of a car loan:
1. Loan Cost
: the principal and the interest. The principal is the negotiated cost of the vehicle itself. The interest refers to the total amount of the costs accrued over the life of the loan based on the principal amount and the stated interest rate.
2. Interest Rate
: a basic rate charged to the borrower for the money loaned.
3. Down Payment
: an upfront amount of cash paid by the borrower at the time of the purchase of the vehicle.
4. Terms and Conditions
: all of the other items that make up a car loan, including the term of the loan, normally stated in a number of months or years; insurance and registration requirements; loan payoff and resale terms; etc
<h3>Learn more</h3>
- Learn more about auto loan of car brainly.com/question/12389122
- Learn more about Leasing car brainly.com/question/3068511
- Learn more about Renting car brainly.com/question/11856182
<h3>Answer details</h3>
Grade: 9
Subject: business
Chapter: car
Keywords: the market for a car, money, the best transportation option, saving, auto loan.
The correct answer is B. Rural areas
Explanation:
High population densities, as well as high housing prices, are mainly found in cities or nearby areas as most jobs and industries are located in these areas. This increases not only the number of people that live in these zones but also the price of housing as the prices of properties are higher due to a higher demand. This means, zones such as inner-city neighborhoods, suburbs, and similar are highly populated and the house prices are high.
On the other hand, nowadays rural areas have a small population density because most people are not interested in living in rural areas as it would take more time to get to cities where jobs and major industries are. Similarly, the housing prices are lower because the demand or number of people interested in buying properties is lower, which makes general housing prices lower.