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dalvyx [7]
4 years ago
14

You're considering moving into a 3 bedroom apartment with 2 roommates rather than living on your own post-college. Which of your

expenses will DECREASE by having roommates?
Rent


Cell phone bill


Public transportation costs


Car insurance premium
Business
2 answers:
Aliun [14]4 years ago
4 0

Answer:

The correct answer is letter "A": Rent.

Explanation:

Sharing an apartment gives roommates the benefit of decreasing the amount of <em>rent </em>they would pay by living on their own. Besides, utilities such as the power service, water, natural gas, cable TV, internet, and landline phone services are distributed among the people living under the same roof which diminishes exponentially monthly expenses.

Ray Of Light [21]4 years ago
3 0
The answer is rent because you both can pay the rent
You might be interested in
Omaha Beef Co. purchased a delivery truck for $50,000. The residual value at the end of an estimated eight-year service life is
kati45 [8]

Answer:

2500

Explanation:

First depreciate for 6 years using regular method: (Cost - Salvage Value)/Initial Useful life

(50,000-10,000)/8 = 5000 <- this is annual depreciation

For 6 years, $30,000 accumulated depreciation

Now to calculate change in useful life, you do (Cost - Accumulated Depreciation - Salvage Value)/Remaining Useful life

Remaining Useful life = 10-6 = 4

(50,000-30,000-10,000)/4 = 2500

8 0
3 years ago
Cassandra owns her own business and drives her van 15,300 miles a year for business and 5,100 miles a year for commuting and per
neonofarm [45]

Answer:

The largest tax deduction = $8,874 mileage method

Explanation:

mileage method = 15300*0.58 =$8,874

Actual Expense = $5,540 + 765 + 3,095 +165 +240 + 1000 = $10,805

business use % = 15300/(15300+5100)

                         = 15300/20400 = 0.75

Actual expense = $10,805 * 0.75 = $8,103.75

If the interest expense on loan for the Van is considered as  an expense for profit and loss section in calculating Net income then

ACTUAL EXPENSE = $10,805 - $1000 = $9,805 * 0.75= $7,353.75

nonetheless Mileage method gives the largest deduction

3 0
4 years ago
A gourmet coffee shop in downtown San Francisco is open 200 days a year and sells an average of 77 pounds of Kona coffee beans a
NARA [144]

Answer:

a. 464 beans

b. $464

Explanation:

a. The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

where,

Annual demand = 200 days × 77 pounds = 15,400

And, all other items values would remain the same

Now put these values to the above formula  

So, the value would equal to

= \sqrt{\frac{2\times \text{15,400}\times \text{\$14}}{\text{\$2}}}

= 464 beans

The average inventory would equal to

= Economic order quantity ÷ 2

= 464 units ÷ 2

= 232 units

b. Holding cost = average inventory × carrying cost per unit

= 232 units × $2

= $464

7 0
3 years ago
What is the​ government's policy on collusion in the United​ States? Explain the rationale for this policy. In the United States
STatiana [176]

Answer:

The correct answer is letter "E": the government makes collusion illegal with antitrust laws because monopolies reduce economic efficiency.

Explanation:

Antitrust laws regulate competition between companies. To protect consumers from price manipulation and unfair competition by making sure trade remains unrestrained. When businesses conspire to turn competition to their favor, they violate antitrust laws.

Those regulations prohibit business practices such us <em>monopolies </em>since those types of organizations take control over a certain market, making almost impossible the entry of competitors and consumers have fewer choices and higher prices.

4 0
3 years ago
Sol purchased land as an investment on January 12, 2011 for $85,000. On January 31, 2017, Sol sold the land for $30,000 cash. In
kvv77 [185]

Answer:

$15,000

Explanation:

Realized gain is the profit that is exceeded from the expense for a particular years. Realized loss is the loss that resulted from the excessive expense.

To determine the net realizable gain or loss, we can use the following formula -

Realizable Gain (loss) = Sale amount of tangible assets + mortgage purchasing - purchase price

Given,

Sale amount of tangible assets = $30,000

purchase price = $85,000

mortgage purchasing = $70,000

Putting the value into the formula, we can get-

Realizable Gain (loss) = $30,000 - $70,000 - $85,000

Therefore, Realizable Gain (loss) = $15,000

7 0
3 years ago
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