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4 years ago

A rent ceiling set below the equilibrium rent

1 answer:

4 0

A rent ceiling set below the equilibrium rent creates a situation in which the quantity demanded of housing is greater than quantity supplied.

Option: C

Explanation:

Rent limit is the highest price a property owner can demand for rent. Rent ceilings are typically fixed by legislation and limit how high the rent can be in a given area. Although, the amount of affordable housing is also reduced as a consequence of this rule, as tenants are not interested in renting out their properties at a cheap price.

Nevertheless, if the limit is placed underneath the level of equilibrium then a reduction of deadweight is produced. Many issues come in the form of illegal markets, scanning time and charges that aren't leased precisely like key money i.e. high initial cost for new keys.

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This appraisal approach estimates the value of the present worth of the future rights to the income the property generates by co

Allisa [31]

Answer:

The income approach.

Explanation:

This appraisal approach evaluates the importance of the present value of the future rights to the income the estate generates by converting the net income of the estate into a value. This is known as the income approach which is also recognized as capitalization. It is a type of real estate appraisal method and it is also used to appraise investment or income-producing properties.

6 0

3 years ago

Consider two firms, Firm X and Firm Y, that have identical assets that generate identical cash flows. Firm Y is an a minus equ

ddd [48]

Answer:

$26.52.

Explanation:

We use the MM Proposition I formula as follows:

VL = VU + (Tc * D) ....................................................... (1)

Where;

VL = Value of a levered firm, i.e. X = ?

VU = Value of an unlevered firm, i.e. Y = $24

Tc = Tax rate = 21%

D = value of debt = $12

Note: The US 2020 corporate tax rate is used as the tax rate since no tax rate is given in the question.

Substituting the values into equation (1), we have:

VL = $24 + (21% * $12) = $24 + $2.52 = $26.52.

Therefore, According to MM Proposition I, the stock price for Firm X is closest to $26.52.

7 0

3 years ago

Assume that instead of distributing a stock dividend, Sharper did a 3-for-1 stock split. Required: (1) Prepare the updated stock

Ganezh [65]

Complete Question:

On June 30, Sharper Corporation's stockholders' equity section of its balance sheet appears as follows before any stock dividend or split. Sharper declares and immediately distributes a 50% stock dividend. Common stock-$10 par value, 120,000 shares authorized, 72,000 shares issued and outstanding $ 720,000

Paid-in capital in excess of par value, common stock 310,000

Retained earnings 715,000

Total stockholders' equity $1,745,000

Assume that instead of distributing a stock dividend, Sharper did a 3-for-1 stock split. Required: (1) Prepare the updated stockholders' equity section after the split. (2) Compute the number of shares outstanding after the split. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the updated stockholders' equity section after the split.

Answer:

Sharper Corporation

1. SHARPER CORPORATION

Stockholders' Equity Section of the Balance Sheet June 30

Total stockholders' equity

Common stock-$3.33 par value, 360,000 shares authorized,

216,000 shares issued and outstanding $ 720,000

Paid-in capital in excess of par value, common stock 310,000

Retained earnings 715,000

Total stockholders' equity $1,745,000

2. The number of shares outstanding after the split is:

= 216,000 shares.

Explanation:

a) Data and Calculations:

Common stock-$10 par value, 120,000 shares authorized,

72,000 shares issued and outstanding $ 720,000

Paid-in capital in excess of par value, common stock 310,000

Retained earnings 715,000

Total stockholders' equity $1,745,000

Authorized shares = 360,000 (120,000 * 3)

Outstanding shares = 216,000 (72,000 * 3)

Common stock par value = $3.333 ($10/3)

b) A 3-for-1 stock split means that shareholders will now have 3 shares for each share that they previously held. Therefore, the outstanding and authorized shares will be multiplied by 3 while the stock price is divided by 3 to arrive at their values after the split.

7 0

3 years ago

1. La fórmula P=2L + 2W es para encontrar el perimetro P de un rectángulo con longitud L y

Rus_ich [418]

Answer:

$P=7.2m$

Explanation:

In a figure or surface, the perimeter refers to the contour and the measure of that contour. In other words, the perimeter is the sum of all the sides of the figure. In this way, the perimeter allows calculating the boundary of a surface, making it very useful.

The problem provided you the formula to find the perimeter $P$ of a rectangle of length $L$ and width $W$ :

$P=2L+2W$

So, in order to find the perimeter of a rectangular garden of

$Length=L=1.2m$

and

$Width=W=2.4m$

You just need to replace these data into the provided formula:

$P=2(1.2)+2(2.4)=2.4+4.8=7.2m$

Translation:

En una figura o superficie, el perímetro se refiere al contorno y a la medida de ese contorno. En otras palabras, el perímetro es la suma de todos los lados de la figura. De esta manera, el perímetro permite calcular la frontera de una superficie, por lo que resulta de gran utilidad.

El problema le proporcionó la fórmula para encontrar el perímetro de un rectángulo de largo $L$ y ancho $W$ :

$P=2L+2W$

Entonces, para encontrar el perímetro de un jardín rectangular de

$Longitud=L=1.2m$

$Ancho=W=2.4m$

Solo necesita reemplazar estos datos en la fórmula provista:

$P=2(1.2)+2(2.4)=2.4+4.8=7.2m$

3 0

3 years ago

Furniture World is required by law to collect and remit sales taxes to the state. If Furniture World has $82,680 of cash receipt

gregori [183]

Answer and Explanation:

The journal entry to record the cash sales is shown below:

Cash $82,680

To Sales $78,000 ($82,680 × 100 ÷ 106)

To Sales taxes payable $4,680 ($82,680 × 6 ÷ 106)

(Being the cash sales is recorded)

Here cash is debited as it increased the assets while on the other hand the sales and sales tax payable is credited as it increased the revenue and liability

8 0

3 years ago