Answer:
$39,000
Explanation:
Down payment refers to the amount that Mr. Coffey paid upfront at the time of purchasing the house. It is usually a percentage of the total cost and is paid in a lump sum.
In this case, Mr. Coffey 20 % of the cost of the house
i.e., 20% of $195,000
=20/100 x $195,000
=0.2x$195,000
=$39,000
Answer:
A. Total assets will increase at the same rate as sales.
Explanation:
<em>Option E</em> is wrong because dividends will not increase at the same rate; therefore, retained earnings will not increase at the same rate as sales.
<em>Option D</em> is incorrect because sales are increasing, which leads to a different profit margin.
As sales increases to a specific percent, owners' equity will not remain constant. So, <em>option C</em> is wrong.
<em>Option B</em> is wrong because long-term debt will not change.
Option A is correct because if sales are credit sales; therefore, total assets will increase at the same rate as sales.
Answer:
Local job opportunities become nonexistent
Explanation:
they don't become nonexistent
Answer:
b) Fixed
Explanation:
Fixed guards are permanent parts of a machine. These guards are preferable because they're simple and permanent. Interlocked guards automatically shut off or disengage power through a tripping mechanism when it is opened or removed.
Answer:
A buyers agent is a licensed real estate agent who represents the buyer in a transaction. The buyer's agent has authority to act On behalf of the buyer in Negotiating a Purchase and sale agreement with the seller's agent.
