A homeowner fears the construction of a factory nearby will decrease the value of her property. this illustrates the principle of externalities.
Many people are unaware that there are tax advantages for home owners when they purchase, own, remodel and even sell their property. These advantages take the form of tax deductions, which lower your taxable income and hence lower your tax payment.
However, you might be astonished to hear that even though the house was bought with a mortgage, you still own it. As the homeowner, your name is listed on the title. The lender does not actually own your home; rather, they only have a stake in the property and the mortgage note.
According to the Federal Reserve's 2020 Survey of Consumer Finances, if you own your home, you probably have a higher value than someone who rents. The assumption that owning a home is a wise financial decision is supported by the fact that homeowners have a net worth that is more than 40 times bigger than their counterparts who rent.
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Answer:
A, B, C
Explanation:
Plant assets should be recorded at cost, including all normal and reasonable expenditures necessary to get the asset in place and ready for its intended use. This would include Taxes, Insurance in transit and Shipping charges.
Answer:
14 points
Explanation:
The computation of the gain per share by the customer is shown below:
Gain per share = Sale proceeds of share - buying stock per share - premium received by the customer in case of the put option
= $80 per share - $70 per share - $4 per share
= $80 per share - $66 per share
= 14 points
The buying stock per share - premium received by the customer in case of the put option is also known as net cost to the customer
Therefore we simply applied the above formula
Answer:
Explanation:
2/10 , n/30 is a credit term arrangement where the seller agrees with the buyer that if payments are made within 10 days after purchase , he will enjoy a 2% discount or otherwise pay the full invoice amount at 30 days.
As Jepson paid on the 18th of the same month which is 9 days after purchase , he is entitled to 2% discount on the sales.
<u>Journal Entry</u>
September 8
Credit Sales - $9,600
Debit receivable = $9,600
September 18
Debit Cash - $9,408
Debit sales discount - $ 192
Credit receivable - $9,600
Answer:
B. Family Struggles
Explanation:
The Family Strugglers according to the study conducted by Yankelovich represents a segment of African American consumers that are mostly female and are characterized by economic struggles, heavy television watching, raising children on a tight budget and co-workers and friends who are mainly blacks.
Shondra tends to be more price sensitive than other because of the econmoic struggles she is faced with, which is part of the characteristics of family strugglers
Yankelovich alongside Radio One released fact sheets and reports based on the survey of 3,400 African Americans aged between 13 and 74 years. The report identified 11 segments to which Black Americans belong based on consumption trends, confidence in institutions and media preferences.
The 11 segments according to Yankelovich's Segment Study include:
Connected black teens, Digital Networkers, Black Onliners, Stretched black straddlers, new middle class, family strugglers, black is better, sick and stressed, faith fulfils, broadcast blacks and boomer blacks.