<span>One reason to buy a home instead of rent is that homes can appreciate in value over time. If you're simply renting a home, then as real estate prices rise, you won't see any increase in the value of your property, since you don't own it. Buying a home has a higher cost to maintain, requires more money upfront, and is less of a flexible option.</span>
Answer:
Total cash receipts 194,760
Explanation:
We will calculate base on the budget number provided.
We will multiply the month sales revenue by the amount expected to be colelcted on september
The receipts from account receivable on september:
<u>60% of previous month:</u>
60% of August: 198,000 = 118,800
<u>36% from the second month:</u>
36% of July: 211,000 = <u> 75,960 </u>
Total cash receipts 194,760
Answer:
$21976
Explanation:
When estimating the net income under the worst-case scenario, the fixed and variable cost estimates are done using positive percentage(100% + 2% = 1.02) while other cost using negative percent range (100% - 2%).
The net income under worst scenario is:
The terms that best fits the statement above are "greater" and "higher", therefore the answer would be letter B. The complete statement would be: "<span>Renting provides greater flexibility but can lead to higher costs in the long-term." By definition, renting is the act of lending a good or service to the consumer.</span>
Answer:
may still have a net increase in cash
Explanation:
In the case when the company recognized the net loss so it might be the condition that there is an increase in the cash balance as in the case as the closing balance should be more than the beginning balance of cash
So as per the given question, the above should be the answer and the same is relevant