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tankabanditka [31]
4 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]4 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]4 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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Lily Tucker (single) owns and operates a bike shop as a sole proprietorship. In 2019, she sells the following long-term assets u
mel-nik [20]

Answer:

Tax Liability  = $59,170

Explanation:

Profit on building = 234,000-(204,000-56,000)

Profit on building = $86,000

Loss on equipment = 84,000 - (152,000-27,000)

Loss on equipment = $41,000

Net profit = Profit on building - Loss on equipment

Net profit = $86,000 - $41,000

Net profit = $45,000

Taxable income before transaction = $194,500

Total taxable income = $194,500 + $45,000

Total taxable income = $239,500

According to tax rules

Tax Liability  = ($194,500 - $85,650)28% + 17,442 + ($45,000 )(25%)

Tax Liability  = $47,920 + $11,250

Tax Liability  = $59,170

5 0
3 years ago
It is generally believed that LBOs (leveraged buyouts) occur because of: managerial mistakes or self-interest. poor financial pe
erastovalidia [21]

Answer:

The correct answer is letter "A": managerial mistakes or self-interest.

Explanation:

Leveraged buyouts or LBOs carry a mixed image in the corporate world. An LBO is a way to buy a business with funds that are almost entirely lent by loans or bonds. Under certain instances, the company's properties being borrowed are used as collateral for the loans. That allows companies to make major acquisitions without investing a lot of money.

However, <em>LBOs are mostly considered managerial mistakes because of the large amount of debt the firm incurs without certainty that the combined operations of the companies will generate enough revenue for repayment and profit.</em>

8 0
3 years ago
If sales are $1,150,000 in 2016 and this represents a 15% increase over sales in 2015, what were sales in 2015?
frutty [35]
Take $1,150,000 multiply by 15% to get the money increase between 1 years which is $172500 then take $1,150,000 subtract by $172,500 to get the final sales in 2015 which is $977,500
5 0
3 years ago
Orlin purchases a refrigerator, on credit, from a door to door salesman. Orlin only has a 5th grade education, and the terms of
mote1985 [20]

Answer: the doctrine of unconscionability

Explanation:

The doctrine of unconscionability is a defense that is against enforcing a contract. From the question, we are informed that Orlin bought a refrigerator, on credit, from a salesman and the salesman want him to pay 10 times the worth of the refrigerator.

In this scenario, the contract is deemed to be unfair and also oppressive to Orlin, thus he a find it unconscionable and therefore he can refuse to enforce it. Therefore, if he wants to challenge the contract’s terms, the doctrine of unconscionability will be used.

6 0
4 years ago
Which one of the following is correct about variable costing systems?
IgorLugansk [536]

Answer:

C nag sa got ko sa yo yang C DAHIL SA VARIABLE

6 0
3 years ago
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