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natali 33 [55]
3 years ago
7

As a real estate speculator, you are planning and able to buy a house that costs $200,000, borrowing the full amount with no mon

ey down with the goal of selling this same property in exactly one year. Mortgage interest rates are 5%, and the expected increase in housing prices is 2%. (All rates and percentages are annual values.) What is your expected capital gain/loss when you flip the house in one year
Business
1 answer:
Ivanshal [37]3 years ago
7 0

Answer: $4,000

Explanation:

The house is worth $200,000 in the present when you bought it.

When you sell it in a year, it would have appreciated by 2% over the capital that you invested as per the expected increase in Real Estate rates.

Your capital gain therefore is that 2%;

= 2% * 200,000

= $4,000

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Answer:

Product characteristics, price structure, placement strategy, and promotional strategy.

Explanation:

The 4p's are product price place and promotion

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3 years ago
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Macrosoft Company reports net income of $55,000. The accounting records reveal depreciation expense of $70,000 as well as increa
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Answer:

$99,000

Explanation:

According to the scenario, computation of the given data are as follows,

         Net income  = $55,000

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4 0
3 years ago
Leno Company sells goods to the Fallon Company for​ $10,000. It offers credit terms of​ 2/10, n/30. If Fallon Company pays the i
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Answer:

Leno Company will record a debit to Cash in the amount​ of: D. ​$9,800

Explanation:

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Fallon Company pays the invoice within the discount​ period - early enough to receive a 2% discount. The discount amount is 2% x $10,000 = $200.

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Leno Company will record a debit to Cash in the amount​ of $9,800

6 0
3 years ago
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Mariana [72]

Answer:

No

Explanation:

A licensing agreement is a partnership between an intellectual property rights owner (licensor) and another who is authorized to use such rights (licensee) in exchange for an agreed payment (fee or royalty).

Molly cannot simply pick up where she left off because two years after the license expires, all license rights lapse. Molly must re-qualify through the examination process before being licensed in real estate once again.

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Race is best defined as _____.
nirvana33 [79]
A socially constructed category made up of people who share biologically transmitted traits
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