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3 years ago

Which two advantages do home buyers have over renters?

Business

2 answers:

aniked [119]3 years ago

6 0

Answer:

The answer is: A) they build home equity. E) they get more tax benefits.

Explanation:

1.) Social benefits: Many of the benefits of home ownership arise from a basic concept: permanence. This stability allows it to take root in your neighborhood. Typically, houses increase in value, create equity and provide savings for the future.

2.) The part of the property and interest tax on your mortgage payment is a tax deduction.

The answer is: A) they build home equity. E) they get more tax benefits.

Snowcat [4.5K]3 years ago

5 0

Answers A and E seem correct. B makes no sense. C makes no sense. and my renters insurance was very cheap vs property insurance.

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A country withholds funding from any college or university that does not accept women at the same rate as men. This action refle

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The action that is reflected above shows the equity among sexes. This country believes that whatever education that its male constituents should also be received by the females. That is because women should also be given the privilege to learn.

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3 years ago

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What does an income statement show about a bank over a period of time?

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Reliability because it shows that you are responsible to pay

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Alexis Company was started in Year 1. At the end of Year 1 the Company had the following accounting equation.Assets = Liabilitie

swat32

Answer:

Company's assets at the end of Year 2 were provided by creditors = 20%

Explanation:

Calculation of Cash at the end of Year 2

Cash balance at the end of Year 1 $600

Less: Paid off to notes payable ($500)

Add: Earned cash revenue $700

Less: Paid cash expenses ($400)

Less: Paid cash dividend ($100)

Cash balance at the end of Year 2 $300

Notes payable at the end of Year 2 = Beginning balance - Paid off

= $1,000 - $500

= $500

Calculation of Notes Payable at the end of Year 2

Notes Payable at the end of Year 1 $1000

Less: Paid off to notes payable ($500)

Notes Payable at the end of Year 2 $500

Total assets at the end of Year 2 = Cash + Land

= $300+2200

= $2500

Creditors at the end of the Year 2 (Notes payable) = $500

Company's assets at the end of Year 2 were provided by creditors = Creditors * 100 / Total assets

= $500 * 100 / $2500

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2 years ago

Blossom Chemicals Company acquires a delivery truck at a cost of $32,800 on January 1, 2022. The truck is expected to have a sal

kakasveta [241]

Answer:

$16400

$8200

Explanation:

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life)

Depreciation factor = 2/4 = 0.5

Depreciation expense in year 1 = 0.5 x $32,800 = $16,400

Book value at the beginning of year 2 = $32,800 - $16,400 = $16400

Depreciation expense in year 2 = 0.5 x $16,400= $8200

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2 years ago

The difference between supply and quantity supplied is that "supply" refers to the ___________ and "quantity supplied" refers to

yanalaym [24]

Answer:

a. curve; point on the curve

Explanation:

Supply refers to the supply curve. Changes in supply leads to movement of the supply curve either to the left or to the right.

Factors that cause change in supply:

A. Cost of production

B. Weather

C. Taxes

D. Number of suppliers

Quantity supplied is a point on th curve with reference to price. Changes in quantity supplied is represented by movement either up or down the supply curve. Changes in quantity supplied is caused only by changes in price.

I hope my answer helps you

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3 years ago