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3 years ago

Which of the following is a major reason that people move to exurbs?

Business

2 answers:

bija089 [108]3 years ago

8 0

Answer:

The correct answer is option D.

Explanation:

According to a report by The Wall Street Journal, it has been shown that young people of this generation tend to look for more homes in exurbs because their price here is much more accessible.

Although they may be far from the center of the cities, the fact that the houses are so expensive and it is almost impossible to acquire one for a young man who is beginning to form his life and live alone, make the distance worthwhile.

According to this article, it has been decades since many people lived in the exurbs.

Given this information, we can say that the correct answer is option D.

Tanya [424]3 years ago

3 0

D
To obtain cheaper housing

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Read the description of following adjustments that are required at the end of the accounting period for Paulo Consulting Service

exis [7]

Answer:

A. Equipment was purchased on January 1, 2019, for $49,770 and has an estimated useful life of 5 years with a salvage value of 4,270.

Depreciation is computed using the straight-line method.

depreciation expense per year = ($49,770 - $4,270) / 5 years = $9,100

depreciation expense per month = $9,100 / 12 = $758.33

January 31, 2019, depreciation expense

Dr Depreciation expense 758.33

Cr Accumulated depreciation - equipment 758.33

B. Signed a 5-month contract for $5,490 of prepaid advertising on January 1, 2019.

advertising expense per month = $5,490 / 5 = $1,098

January 31, 2019, advertising expense

Dr Advertising expense 1,098

Cr Prepaid advertising 1,098

C. Prepaid rent for the year on January 1, 2019, in the amount of 22,560.

rent expense per year = $22,560 / 12 = $1,880

January 31, 2019, rent expense

Dr Rent expense 1,880

Cr Prepaid rent 1,880

D. Purchased supplies for $4,200 on January 1, 2019. Inventory of supplies was $2,850 on January 31, 2019.

supplies expense = $4,200 - $2,850 = $1,350

January 31, 2019, supplies expense

Dr Supplies expense 1,350

Cr Supplies 1,350

8 0

3 years ago

On July 1, 2021, Ross-Livermore Industries issued nine-month notes in the amount of $1,200 million. Interest is payable at matur

zheka24 [161]

Answer and Explanation:

The computation of the interest expense that should be recorded to the following independent assumptions are as follows:

For December 31, 2021

= $1,200 × 11% × 6 months ÷ 12 months

= $66 million

For September 30, 2021

= $1,200 × 8% × 3 months ÷ 12 months

= $33 million

For October 31, 2021

= $1,200 × 7% × 4 months ÷ 12 months

= $44 million

For January 31, 2022

= $1,200 × 4% × 7 months ÷ 12 months

= $77 million

6 0

3 years ago

In the small town of geneva, there are 5 firms that make watches. the firms’ respective output levels are 30 watches per year, 2

VMariaS [17]

The four-firm concentration ratio is a term used to refer to the market share of the four largest firms. In this given example, the total number of output every year is 100 watches per year. Then, 90 of which are coming from the four largest firm. Thus, the four-firm concentration ratio is equal to 90%.

3 0

3 years ago

DT Motors paid its first annual dividend yesterday in the amount of $.15 a share. The company plans to double the dividend in ea

devlian [24]

Answer:

Price = $8.92

Explanation:

Dividend from yr1 to yr3 will be multiplied by 2 since it doubles per year;

D1 = $0.15*2 = $0.30

D2 = $0.30 *2 = $0.60

D3 = $0.60 *2 = $1.20

D4 (onwards) = $1.50

Next, find the present value (PV) of each dividend;

PV(D1) = 0.30/(1.138) = 0.2636

PV (D2) = 0.60/(1.138²)= 0.4633

PV(D3 ) = 1.20/ (1.138³) = 0.8142

PV(D4 onwards) = $\frac{[\frac{1.50}{0.138} ]}{1.138^{3} }$ = 7.3754

To find the price of the stock today, sum up present values above;

= 0.2636 + 0.4633 + 0.8142 + 7.3754

Price = $8.92

5 0

4 years ago

Isabellas, Inc., a local convenience store, sells soft drinks. It sells two large drinks for every small drink. A large drink

rjkz [21]

Answer:

Weighted average contribution margin= $1.85

Explanation:

Giving the following information:

It sells two large drinks for every small drink. A large drink sells for $3.00 with a variable cost of $ 0.60. A small drink sells for $ 1.25 with a variable cost of $ 0.50.

To calculate the weighted average contribution margin, we need to use the following formula:

Weighted average contribution margin= (weighted average selling price - weighted average unitary variable cost)

Sales proportion:

Large drink= 0.67

Small drink= 0.33

Weighted average contribution margin= (0.67*3 + 0.33*1.25) - (0.67*0.6 + 0.33*0.5)

Weighted average contribution margin= 2.4225 - 0.567

Weighted average contribution margin= $1.85

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3 years ago