Direct real estate investing<span> involves buying a stake in a specific property. For equity</span>investments<span>, this means acquiring an ownership interest in an entity that directly owns an asset such as an apartment community, shopping center or office building. ( from online)</span>
Answer:
a. Debit to Notes Receivable
Explanation:
Journal entry for selling an asset in return for notes receivable is;
Notes Receivable A/c Dr.
To Asset A/C
In the given case, an aircraft is sold in exchange for a note receivable. The journal entry would be:
12% Notes Receivable A/C Dr. $380,000
To Aircraft $380,000
(Being notes receivable received in exchange for aircraft sold being recorded)
Notes Receivable is an asset for the receiver as it represents amount which is due to be received. Whenever an asset account is debited, it increases their balance.
Aircraft is an asset. When an asset is sold, it is credited. Here the asset being a movable asset.
Answer:
Answer C
Explanation:
If one of the variables is measured on dichotomous nominal scale, such as gender and other is measured on interval or ratio scale, than we use point biserial correlation coefficient. It will measure our initial hypothesis that there is a connection between the time spent on the phone, talking to your mother with gender. Later, if we would want to conclude how strong is this connection, we would use regression analysis.
Answer:
Option E
Explanation:
In simple words, the given case illustrates the cost analysis method for choosing target market segments. Under such criterion of selection, the subject company identifies various costs that it must bear in order to operate in some potential segment and after identifying those cost, such company evaluates if there will be any profit left for them in the market.
This method is complex, time consuming and needs experts advise but still is most popular nowadays as it gives most accurate results by identifying various quantitative and qualitative factors.
Answer:
The cost of care in a nursing home, along with <u>the cost of meals and lodging</u>, <u>should be included</u> with the costs for medical or nursing care if the primary reason is <u>to obtain medical care for their parents</u>.
If the primary reason for being there is personal, <u>the total</u> costs for medical or nursing care <u>should be included</u> in the total of deductible medical expenses, <u>but the costs of meals and lodging should not be included</u>.
Consequently, it appears that Jerry's parents are in the nursing home <u>to obtain medical care</u>, while Ernie's parents are in the nursing home <u>for personal reasons other than medical care</u>.
