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2 years ago

In a housing market, under what conditions would you likely see and increase in developer construction? Why?

Business

1 answer:

madreJ [45]2 years ago

4 0

Answer:

<u>Increase in demand, then increase in prices</u>

Explanation:

Note that the law of demand and supply also applies to the housing market.

Thus when developers notice increase in the demand for houses; leading to an increase in prices for houses, this necessitates the increase in developer construction so as<em> to make more profit.</em>

Remember, this developers likely had undeveloped land they bought for some time, and so its an opportunity to reap more investments.

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Camp Elim obtains a $125,000, 6%, five-year installment note for a new camp bus on January 1, 2021. The note requires monthly in

kirza4 [7]

Answer:

Option (B) is correct.

Explanation:

The Journal entry is as follows:

Interest expense A/c Dr. $625

Note payable A/c Dr. $1791.60

To cash $$2,416.60

(To record the first month’s payment on January 31, 2021)

Working notes:

Monthly interest expense:

= (Note payable × Interest rate per annum) ÷ 12 months

= ($125,000 × 6%) ÷ 12 months

= $625

Note payable = $2,416.60 - $625

= $1,791.60

5 0

2 years ago

g Enchancia Inc. reported the following information at its annual meeting: The company had cash worth $3,290,558, accurals of $5

olga55 [171]

Answer:

$5,354,741

Explanation:

assets:

cash $3,290,558

inventory $2,657,360

accounts receivable $577,102

fixed assets $4,019,047

total assets = $10,544,067

liabilities:

accruals $576,944

accounts payable $2,519,541

notes payable $610,904

long-term debt $1,481,937

total liabilities = $5,189,326

equity = assets - liabilities = $10,544,067 - $5,189,326 = $5,354,741

5 0

3 years ago

Free cash flow describes the net cash provided by operating activities after adjusting for A : current liabilities. B : both cap

Nikolay [14]

Answer:

The answer is B, both capital expenditure and dividends paid.

Explanation:

In the Statement os Cash Flow, cash provided by operating activities fails to take into account that a company must invest in a new property, plant, and equipment and must maintain dividends at current levels to satisfy investors.

Free cash flow describer the net cash provided by operating activities after adjusting for capital expenditures and dividens paid.

7 0

2 years ago

with reference to relevant legislation , case law, and secondary sources briefly explain different functions of taxation

svetlana [45]

Answer:

Tax is a statutory obligation to pay an amount to the state or other public body, which is imposed on a person or company on the basis of their activities, without a direct connection to consideration from the payee. The main purpose is usually to finance the public sector. The tax can also have other purposes, such as equalizing income or influencing people's actions with the help of financial incentives.

8 0

3 years ago

Which of the following statements regarding PERT analysis is true? a. Each activity has two estimates of its duration. b. Projec

olganol [36]

Answer:

It's c.

Explanation:

Program Evaluation and Review Technique (PERT) is a method used in program management. It analyzes the time required to complete each task in a project and so tries to determine the minimum time to complete a project. It was developed by the US Navy in 1957.

In PERT analysis:

there are 3 time estimates for every activity: optimistic, pessimistic, and most likely
you have to find the Critical Path. The Critical Path is the longest path of scheduled activities that must be met in order to execute a project. It is important to know because any problems on the critical path can prevent a project from moving forward and be delayed. Therefore only critical activities can contribute to the project variance.

8 0

2 years ago