Answer:
<em>a. Housing prices are down. </em>
<em>c. Less demand means more options for buyers.</em>
<em> d. Less demand means less competition with other buyers.</em>
Explanation:
During a <em>recession</em> in the economy, the <em>aggregate demand</em> is on a lower side. This makes the housing prices lower. Lower prices due to lower demand, imply more options for the buyers. Lower demand indicates less competition with other buyers for a buyer.
Hence, all (a), (c) & (d) are the main solutions to the problem, that's why it's easier to get a mortgage.
Answer:
See below
Explanation:
10000-1000=9000 to be depreciated
9000/5=1800 annual depreciation
journal entry:
depreciation expense. 1800 (debit)
Accumulated depreciation. 1800 (credit)
to record annual depreciation
Answer:
Just-in-time (JIT) inventory systems started in Japan in the 1970s and spread to the U.S. about a decade later. JIT is an inventory-management system that aims to help businesses have just enough inventory readily available to meet current demand while avoiding excess. There are many pros and cons for a small business to consider before adopting a JIT system.
The answer is C. stocks =)
Answer:
$12,600
Explanation:
If Olivia Company uses the units of production depreciation method, we must calculate the depreciation cost per mile:
depreciation cost per mile = (purchase cost - salvage value) / total miles driven
depreciation cost per mile = ($50,000 - $5,000) / 250,000 miles
depreciation cost per mile = $45,000 / 250,000 = $0.18 per miles
Now we multiply by the total miles driven the first year times the depreciation cost per mile = 70,000 units x $0.18 per unit = $12,600
