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2 years ago

Monique receives a check each month from the tenants living in the townhomes she owns. What type of income is this considered?

Business

2 answers:

Kruka [31]2 years ago

7 0

Answer:

D. Passive Income

Explanation:

VillageVirtual ECON/PF course

dybincka [34]2 years ago

6 0

Answer:

D. Passive income

Explanation:Monique receives a check each month from the tenants living in the townhomes she owns. What type of income is this considered?

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Waterway Industries began the year with retained earnings of $316000. During the year, the company issued $421000 of common stoc

Rus_ich [418]

Answer:

revenues = 1,201,100

Explanation:

$$$Beginning Retained Earnings$$$+/- Net Income/Loss$$$- Dividends$$$Equals Ending Retained Earning$

beginning 421,000

+net income (revenues - 1,204,000)

- dividends 82,100

ending 336,000

421,000 + (r-1,204,000) - 82,100 = 336,000

revenues = 336,000 + 82,100 + 1,204,000 - 421,000

revenues = 1,201,100

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3 years ago

Vintage Fun reproduces old-fashioned style roller skates and skateboards. The annual production and sales of roller skates is 1,

Vesna [10]

Answer:

D. $33.47

Explanation:

The computation of overhead cost per skateboard using an activity-based costing system is shown below:-

Total Expected Activity

Activity pool cost Overheads Activity Rate

Setup cost $6,550 665 9.85

Engineering cost $16,000 1,120 14.29

maintenance cost $91,450 4,353 21.01

Activity pool cost Rate Driver Overhead cost

Setup cost 9.85 320 3,152

Engineering cost 14.29 630 9,002.7

maintenance cost 21.01 2,178 45,759.78

Total Overheads cost 57,914.48

Number of units 1,730

Overhead cost per unit $33.48

Therefore for computing the overhead cost per unit we simply divide the total overhead cost by number of units.

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3 years ago

If the Fed increases the discount rate, which of the following accurately describes the system, finally leading to a decline in

AnnyKZ [126]

Answer:

Explanation:

Reserves J: Excess reserves J: Loans J: Deposits ;Money supply

8 0

3 years ago

xyz company recently signed a lease on their new office space. as part of the lease agreement, they must pay for property's real

erastovalidia [21]

If they must pay for property's real estate taxes and premiums for insuring the building. The type of lease xyz company sign is: Double net lease.

<h3>What is Double net lease?</h3>

Double net lease can be defined as form of agreement that occur between a tenant and a landlord were the tenant agrees to pay for the cost of rent while the landlord on the other hand agrees to pay for operating expenses incurred by the tenant.

Based on the given scenario the type of the lease xyz company sign is called double net lease as they have to pay for property's real estate taxes as well premiums for insuring the building.

Therefore the type of lease xyz company sign is: Double net lease.

Learn more about double net lease here:brainly.com/question/14244511

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1 year ago

Rent collected in advance is: Multiple Choice A shareholders' equity account in the balance sheet. A temporary account, not in t

gulaghasi [49]

Answer:

A liability account in the balance sheet.

Explanation:

When rent is collected in advance, the entries required to be recognized at the point of collection is as follows;

Debit Cash account

Credit Unearned/Deferred rental revenue

The cash account is an asset while the Unearned/Deferred rental revenue is a liability account.

As such, the collection of rent in advance is A liability account in the balance sheet.

3 0

3 years ago