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Scrat [10]
3 years ago
8

Rental Costs Buying Costs Annual rent $ 8,130 Annual mortgage payments $ 10,550 (9,950 is interest) Insurance $ 220 Property tax

es $ 2,080 Security deposit $ 1,025 Down payment/closing costs $ 5,250 Growth in equity $ 600 Insurance/maintenance $ 1,800 Estimated annual appreciation $ 2,450 Assume an after-tax savings interest rate of 9 percent and a tax rate of 26 percent. Assume this individual has other tax deductions that exceed the standard deduction amount. a. Calculate total rental cost and total buying cost.
Business
1 answer:
Kay [80]3 years ago
8 0

Answer:

The total rental cost is $8476 and The total buying cost is $8711.

Explanation:

total rental cost = Annual rent + nsurance + Interest lost on security deposit

                          = 8130 + 220 + 126 + (1400*9%)

                          = $8476

Therefore, The total rental cost is $8476.

total buying costs = Annual mortgage payments  + Property taxes  + Insurance/maintenance + Interest lost on down payment/closing costs - Growth in equity  - Estd. Annual appreciation  - Tax savings on Mortgage interest - Tax savings on property taxes

= 10550  + 2080 + 1800  + (5100*9%)  - 600 - 2450  -  (9950*26%)  - (2080*26%)

= 10550  + 2080 + 1800  + 459  - 600  - 2450  - 2587  - 541

= $8711

Therefore, The total buying cost is $8711.

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The task of securing all necessary personnel, space, and financing; supervising all production and promotion efforts; fielding a
Jlenok [28]

Answer:

producer

Explanation:

The producer of a movie, theater play, sitcom, etc., is the person in charge of securing everything that is needed in order for the movie, play, etc., to be properly carried out. That means he/she is responsible for gathering the necessary funds and paying salaries and all other expenses. The producer is also responsible for dividing the money generated by the movie, play, etc., and distributing it to the investors.

5 0
3 years ago
Suppose that a certain fortunate person has a net worth of $76.0 billion ($7.60×10107.60×1010). If his stock has a good year and
iogann1982 [59]

Answer:

new net worth = 79.2 billion

Explanation:

given data

net worth = $76.0 billion

gains = $3.20 billion

to get here

new net worth

solution

we get here new net worth that is express as

new net worth = net worth + gains     .............................1

put here value and we will get here

new net worth = $76.0 billion + $3.20 billion

new net worth = 79.2 billion

4 0
3 years ago
An investment with more liquidity would be ideal for
ollegr [7]

Answer:

An investment with more liquidity would be ideal for someone who knows they will nee cash in the near future.

Explanation:

More liquid assets are those that can be  turn into cash more quickly than those that  less liquid assets.

If one is thinking about investing in a  liquid asset, surely is because it will need the cash in the short run. On the contrary, we could invest in other financial instruments less liquid (typically those who offer higher yields and have  longer terms), because we are not going to need the money for the moment, and we want to take advantage of that to get a higher yields.

8 0
4 years ago
Suppose Stuart Company has the following results related to cash flows for 2021: Net Income of $5,600,000 Increase in Accounts P
seropon [69]

1. The statement of cash flows of Stuart Company for the year ended December 31, 2021, is as follows:

Stuart Company

<h3>Statement of Cash Flows</h3>

For the year ended December 31, 2021,        $'000

Net Income                                                     $5,600

Depreciation                                                      1,900

Other Adjustments                                            (800)

Increase in Accounts Payable                           600

Decrease in Accounts Receivable                    900

Increase in Inventory                                        (200)

Net Cash Flow from Operating Activities $8,000

2. The Net Cash Flow from Operating Activities for Stuart Company for 2021 is <u>$8 million</u>.

<h3>What are operating activities' cash flows?</h3>

The cash flows from the operating activities section affect revenues and expenses.

They indicate the cash flows that originate from the regular business activities of the entity.

To prepare the statement of cash flows, the first items to adjust the net income are the non-cash expenses and losses and revenues and gains.

Learn more about the operating activities section at brainly.com/question/25530656

#SPJ1

8 0
2 years ago
What is the difference between industrial and consumer goods?
lina2011 [118]
“Industrial goods are materials used in the production of other goods.” “Consumer goods are finished products that are sold to and used by consumers”

LINK TO WHERE I FOUND THAT INFO:
https://www.investopedia.com/ask/answers/050415/how-are-industrial-goods-different-consumer-goods.asp

Hope that helped have a great day! :)
4 0
3 years ago
Read 2 more answers
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