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tankabanditka [31]
3 years ago
10

Nancy finally found a house of her dreams and the price looks great. She was told that she needs to hire a home appraiser and a

home inspector and pay for both. Spending additional money on top of other fees and an anticipated down payment and monthly payments is making her very upset. She feels that hiring both is a waste of her money and time. What advice can you give to Nancy? (about 5-6 sentences)
Business
2 answers:
Sergio [31]3 years ago
8 0
Hiring an appraiser is Important because you want to make sure that you have someone who can look professionally at the comps in the area and determine the value of your home this will also affect how much you ensure your home for and if you had any damage to your home or a natural disaster you would want to make sure that you have coverage for the full amount of the value of the home. A professional inspector is a very important when making a decision on buying home because you want to make sure they’re checking all the fixtures they are checking all the piping and electrical cord wiring in the house anything like the roof they could leak or if there’s black mold if there’s cracks in the surface any of those things can be found and if you were to buy the house and find out later you could be out so much money in repairs. The repairs would outweigh the cost of an inspection
stich3 [128]3 years ago
7 0

Answer: Look farther into both options you have, whichever you need the most, pick that one

Explanation:

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What is the connection with the company Unocal and the Country of Burma?
balu736 [363]

Answer:

Unocal was attracted to Burma for several reasons. First, labor was cheap and relatively educated. Second, Burma was rich in natural gas resources. Third, Burma was an entry point into other international markets, particularly in and around Southeast Asia. Finally the political environment was extremely stable.

Explanation:

5 0
3 years ago
Windhoek Mines, Ltd., of Namibia, is contemplating the purchase of equipment to exploit a mineral deposit on land to which the c
grin007 [14]

Answer:

Windhoek Mines, Ltd.

The net present value of the proposed mining project is:

=  ($232,950).

Explanation:

a) Data and Calculations:

Cost of new equipment and timbers = $500,000

Working capital required  = $100,000

Annual net cash receipts = $120,000

Cost to construct new roads in three years = $40,000

Salvage value of equipment in four years = $65,000

Estimated useful life of mine = 4 years

Working capital released in four years = $100,000

Required rate of return = 20%

                                                           Cash Flows   PV factor  Present Value

Cost of new equipment and timbers  $500,000      1               -$500,000

Working capital required                        100,000       1                 -100,000

Annual net cash receipts                       120,000     2.589            310,680

Cost to construct new roads in 3 years 40,000     0.579             -23,160

Salvage value of equipment in 4 years 65,000     0.482               31,330

Working capital released in 4 years     100,000     0.482              48,200

Net present value                                                                      ($232,950)

4 0
3 years ago
Cost of Merchandise Sold
galben [10]

Answer:

$441,000

Explanation:

The computation of the cost of merchandise sold is shown below:

Cost of merchandise sold = Opening inventory + net purchase - ending inventory

where,

Opening inventory  = $14,500

Net purchase is

= $475,000 - $15,000 - $9,000 + $7,000

= $458,000

And, the ending inventory is $31,500

So, the cost of merchandise sold is

= $14,500 + $458,000 - $31,500

= $441,000

4 0
3 years ago
I wanna know about debit and credit full explanation ​
BigorU [14]

Answer:

Explanation:

A debit is an entry made in an account. It either increases an asset or expense account or decreases equity, liability, or revenue accounts.

A credit is an entry  alsom made in an account. It either increases equity, liability, or revenue accounts or decreases an asset or expense account.

7 0
3 years ago
Read 2 more answers
Exercise 6-31 (Algorithmic) (LO. 3) Stanford owns and operates two dry cleaning businesses. He travels to Boston to discuss acqu
jekas [21]

,Answer:

See below

Explanation:

With regards to the above, since the restaurant was not acquired, the cost that is related to acquisition of restaurant will be ignored. It means that the $35,750 will not qualify for deduction.

Also, the expenses for considering the bakery $53,700 will not be allowed all at once.

Now, for any amount exceeding $50,000 there will be a reduction of $5,000

Reduced = $53,700 - $50,000 = $3,700

Then,

$5,000 - $3,700 = $1,300 deductions

Now,

$53,700 - $1,300 = $52,400 which is the deduction allowed in 180 months

Deduction per month = $52,400 / 180 = $291.11. Per month

Deduction for 2 months will be = 2 × $291.11 = $582.22

Therefore, eligible deduction = $582.22 + $1,300 = $1,882.22

4 0
3 years ago
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