A disadvantage of home ownership includes which of the following?

Which term describes the seller's ability and desire to sell goods and services.A. supply

Fittoniya [83]

Out of the following choices given, the term that describes the seller's ability and desire to seel good and services is called demand. The answer will be B.

7 0

3 years ago

Read 2 more answers

Geneva receives high praise from her boss when she attracts a new client to her firm. this praise leads geneva to work hard to o

AysviL [449]

<span>This was a form of positive reinforcement. She has been conditioned to work harder when she receives the praise, because she enjoys hearing this from her superiors. When the reward is given to her, the cycle continues: more praise leads to harder work, which leads to even more praise.</span>

4 0

3 years ago

1.Danner Company expects to have a cash balance of $45,000 on January 1, 2017. Relevant monthly budget data for the first 2 mont

Nat2105 [25]

Answer:

$\left[\begin{array}{ccc}&January&February\\$beginning&45000&27500\\$receipts&97000&150000\\$disbursement&-114500&-163500\\$interest&0&0\\$subtotal&27500&14000\\$minimun&20000&20000\\$Financing&&\\$beginning&0&0\\$payment/loan&0&6000\\$ending&0&6000\\&&\\$ending cash&27500&20000\\\end{array}\right]$

Explanation:

On January we collect the 85,000 from revenues and the 12,00 form marketable securities.

Then, we add up each disbursement:

Materials 50000

Labor 30000

Overhead (net of depreciation) 19,500

Selling and administrative 15000

Total 114,500

Then we solve for the cash balance and get the blaance as it is higher than 20,000 we do not need financing

Then, this value is the beginning cash for February. As the ending balance is 14,000 we will take 6,000 financing to reach the bare minimum of 20,000

3 0

3 years ago

At the end of the current year (before adjusting entries), Summer Corporation had a balance of $ 88 comma 000 in Accounts Rece

Umnica [9.8K]

Answer:

1. Using the percent-of-sales method, calculate the amount of Uncollectible-Account Expense if Summer Corporation estimates its uncollectible-account expense using a rate of 3% of credit sales. What is the ending balance of the Allowance for Uncollectible Accounts under this scenario?

14100

Summer Corporation has $ of uncollectible-account expense using the percent-of-sales method.

3100

Calculate the amount of its Uncollectible-Account Expense. What is the ending balance of the Allowance for Uncollectible Accounts under this scenario?

15000

The ending balance of the Allowance for Uncollectible Accounts is $ under this scenario.

Dont have enough information.

Explanation:

Account receivable 88000

Allowance for uncollectible -11000

Service revenue 470000

Estimate uncollectible 3%

Ending balance of the allowance 14100

Expense 3100

Allowance for Uncollectible 26000

Uncollectible expense account 15000

5 0

3 years ago

You wish to retire in 20 years, at which time you want to have accumulated enough money to receive an annual annuity of $24,000

den301095 [7]

Answer:

$3,286.52

Explanation:

Interest rate per annum = 12.00%

Number of years = 25

Number of compounding per per annum = 1

Interest rate per period (r) = 12.00%

Number of periods (n) = 25

Payment per period (P) = $24,000

PV of $24,000 payments after 20 years = P * [1 - (1/(1+r)^n)]/ r

PV of $24,000 payments after 20 years = 24000*[1-(1/(1+12%)^25]/12%

PV of $24,000 payments after 20 years = $188,235.34

Interest rate per annum = 10.00%

Number of years= 20

Number of payments per per annum = 1

Interest rate per period (r) = 10.00%

Number of periods (n) = 20

Future value of annuity (FVA) = $188,235

Annual contribution (P) = FVA/ ([ (1+r)^n - 1] / r)

Annual contribution (P) = 188235/(((1+10%)^20-1)/10%)

Annual contribution (P) = $3,286.52

5 0

2 years ago