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JulijaS [17]
3 years ago
6

(a) suppose that a homeowner converts part of an existing family room in her house into a new bathroom. what is the expected inc

rease in the value of the house?
Business
1 answer:
bearhunter [10]3 years ago
4 0

Answer: The increase value of the house in thousands dollars will be $23400

Explanation:

In this scenario, Things to be note are:

(1) only the bathroom number has an increase of 1.

(2) the remaining regressors are the same.

(3) Initial price and the current price only differ in BATH

Therefore,

23.4(BATH+1) - 23.4BATH = 23.4

Hence, the increase value of the house in thousands dollars is $23400

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In order to lower his monthly auto insurance bill, Henry has decided to change his existing policy by increasing the deductible
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<span>Since Henry decided to increase the deductible on his existing insurance policy, his monthly auto insurance premium will be lower. This means that higher deductible means lower premium payments. It also affects the insurance coverage of Henry because this mean that Henry must shoulder a specific amount (or high cash-out) before the claim is paid by the insurance company.</span>

7 0
3 years ago
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Pharoah Company reported net income of $1.30 million in 2022. Depreciation for the year was $208,000, accounts receivable decrea
Jet001 [13]

Answer:

Net cash flow from operating activities

$1,599,000

Explanation:

Pharoah Company

Cash flow from operating activities :

Net income $1,300,000

Net Cash flow from operating activities:

Add depreciation $208,000

Add accounts receivable decreased $455,000

Less accounts payable decreased ($364,000)

Net cash flow from operating activities $1,599,000

7 0
3 years ago
To make a decision resulting in good corporate citizenship, a business should evaluate the decision based on:
Sergio039 [100]

Answer:

All of them

Explanation:

When making decisions, a business should evaluate:

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  • Safety risks for consumers and employees: does it affect the safety and well being of our employees and customers?
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7 0
3 years ago
Biscayne Bay Water Inc. bottles and distributes spring water. On May 14 of the current year, Biscayne Bay Water Inc. reacquired
nordsb [41]

Answer:

treasury stock   1,645,600 debit

             cash        1,645,600 credit

--to record he purchase of TS--

cash       925,000 debit

    treasury stock         850,000 debit

   additional paid-in TS  75,000 debit

-to record sale of TS above their cost--

cash                         760,500 debit

additional paid-in TS  35,100 debit

           Treasury Stock    795,600 credit

Explanation:

<em><u>treasury stock cost:</u></em>

24,200 shares x $68 each = 1,645,600

sale of TS

proceeds:  12,500 x $74 =925,000

cost:           12,500 x $68 = 850,000

additional paid-in TS 75,000

second sale of TS:

proceeds _ 11,700 x $65   760,500

Cost:           11,700 x $68    795,600

 additional paid-in TS          35,100

6 0
3 years ago
Suppose that a rap grouprap group called RG 2RG2 has released its first CD with LiveLive Records at an intended list price of​ $
GuDViN [60]

Answer:

D) The recording label should expand the production and distribution of RG 2RG2​'s first CD.

Explanation:

According to the law of supply and demand, since the customers are willing to pay a price higher than equilibrium price, that means that their is a shortage of the product or service and that the supply should increase in order to get the price back to equilibrium price.

7 0
3 years ago
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