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Brums [2.3K]
3 years ago
7

Select the correct answer.

Business
1 answer:
Nikitich [7]3 years ago
3 0
C. They track your investments
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Darren and Nikki own a cabin in Mammoth, California. During the year, they rented it for 45 days for $9,000 and used it for 12 d
Neko [114]

Answer:

Total loss = 3,592.1053

Explanation:

Given:

Income from rent (For 45 days) = $9,000

Personal use = 12 days

Mortgage = $8,000

Property taxes = $2,000

Utilities = $1,200

Maintenance = $750

Depreciation = $4,000

Computation:

Total Allocated expenses = 45 days / 57 days [$8,000 + $2,000 + $1,200 + $750 + $4,000]

Total Allocated expenses = 45 / 57 [15,950]

Total Allocated expenses = $12,592.1053

Total loss = Total Allocated expenses - Income from rent

Total loss = $12,592.1053 - $9,000

Total loss = 3,592.1053

3 0
3 years ago
Suppose that 3 months ago you entered into an forward rate agreement, and that under the terms of the contract you will receive
shusha [124]
This is a lot of work
5 0
3 years ago
Deer consume 10,000 kg of grass per month, and their secondary production is 2,000 kg per month. if their assimilation efficienc
iris [78.8K]
Assimilation efficiency quantifies the ratio between the organism's used energy for growth and production of new cells and tissues, and others. 

We let x be the amount of substance assimilated. 

                          AE = x / 10,000

From the given, AE is equal to 0.5. Substituting,

                          0.5 = x/10,000
                              x = 5,000

Production efficiency on the other hand is the ratio of the amount of substance used for production compared to the assimilation. Mathematically,
 
                                       PE = 2,000 / x = 2,000/5,000

                                             PE = 0.4

This is equivalent to a percentage of 40%. 
3 0
4 years ago
Golddigger Services, Inc. provides services to clients. On May 1, a client prepaid Golddigger Services $60,000 for 6-months serv
slavikrds [6]

Answer:

C) Credit to Unearned Management Fees for $62,000.

Explanation:

* There is an Inconsistency with the amount of fee mentioned in Question and In options $60,000 and 62,000 respectively.

The Service fee is received in advance and the service is not been performed. You can record the revenue when you perform the service against the amount received. So, amount 62,000 will be the Unearned Management fee and it will be a liability and the Journal transaction for this event will be as follows:

Dr. Cash                                            $62,000

Cr. Unearned Management Fees   $62,000

So the correct option is C) Credit to Unearned Management Fees for $62,000.

8 0
3 years ago
Everfi: Module 3Budgeting for NeedsSelect the items that are needs from your bank statement. the Available Balance$230.00 Cell p
erastova [34]

Answer: car insurance electric bill cell phone plan

Explanation: thats the amount it came out to

5 0
4 years ago
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