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Ainat [17]
3 years ago
13

How can a renter reduce the amount of money he or she spends on monthly

Business
1 answer:
DIA [1.3K]3 years ago
4 0

Answer:

Option C.

Explanation:

From the options given above, the correct way a renter can reduce their rent it to get a roommate or roommate. Getting just one roommate can help to reduce your basic living expenses by 30%.

This is achievable because various costs like rent, utilities, and even groceries can be shared among the roommates.

The only downside to this method is the lack of privacy that comes with having roommates. But in general, having roommates is a sure way for renters to spend less, or live in a nicer location.

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"Consider the futures contract written on the S&P 500 index and maturing in one year. The interest rate is 3%, and the futur
Alex_Xolod [135]

Answer:

a. $2125

b. $2025

c. there is an arbitrage opportunity.

Explanation:

a. St = So x (1+ rm)-D

So = current index price = 2000

rm = return on market = 8%

D = dividends = $35

inserting into the formula:

2000x(1+0.08)-35

= $2125

b.

So x (1+rf)-D

rf = 3%

2000 x (1+0.03)-35

= $2025

c. yes there is an arbitrage opportunity. the investor should go into contract with an exercise price of 2125dollars then short sell asset in future and after this, buy back after at future market price. since actual future price is 2012 and price expected is 2125.

3 0
2 years ago
Dividend growth rate is important to many investors. You are considering investing in a firm after looking at the​ firm's divide
oksano4ka [1.4K]

Answer:

An apple, potato, and onion all taste the same if you eat them with your nose plugged

Explanation:

8 0
3 years ago
Which of the following statements is the most accurate?Consumers don't remember good advertisements.Advertising does not really
Alik [6]

Answer:

The correct answer is that the Advertising helps in paying for the production cost of the magazines and the newspapers.

Explanation:

Advertising is the source through which the company or the firm promote the product or a service of their business, so that the customers could be make aware of the products and the services offered by the firms.

And one of the benefits or the advantage provided by advertising that the money from advertisers help in paying the production cost of the magazines and the newspapers.

5 0
3 years ago
During the month of June, Ace Incorporated purchased goods from two suppliers. The sequence of events was as follows: June 3 Pur
Alinara [238K]

Answer and Explanation:

The journal entries are shown below:

On June 3

Merchandise Inventory $4,100

                   To Accounts payable $4,100

(Being the purchase of goods on credit is recorded)  

On Jun 5

Accounts payable $1,100  

         To Merchandise   Inventory  $1,100

(To record purchase returns)  

On June 6

Merchandise Inventory $1,000

     Accounts payable  $1,000

(Being the purchase of goods on credit is recorded)  

On June 11

Accounts payable ($4,100 - $1,100) $3,000

               To Cash  $2,960

               To  Inventory ($4,100 - $1,100) × 2%  $60

(Being the payment is recorded)  

On June 22

Accounts Payable $2,000     ($3,000 - $1,000)

    To Cash  $2,000

(Being the payment on account in full is paid)

4 0
3 years ago
financial statements include assets listed ata.all of these choices are correct.b.their fair valuec.their historical costd.their
Novay_Z [31]

Financial statements include assets listed at historical costs. Hence, the assets are recorded at their historical cost.

<h3>What do you mean by historical costs?</h3>

The price paid when an asset was purchased is known as the historical cost. On a company's balance sheet, the majority of long-term assets are recorded at their historical cost.

One of the fundamental accounting principles outlined by generally accepted accounting principles is historical cost (GAAP). The use of historical cost is consistent with conservative accounting because it avoids overstating an asset's value.

Hence, Financial statements include assets listed at historical costs. Hence, the assets are recorded at their historical cost.

Learn more about historical costs:

brainly.com/question/27622433

#SPJ4

3 0
1 year ago
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