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2 years ago

Why might someone decide to lease a home?

Business

1 answer:

VikaD [51]2 years ago

6 0

Answer:

The answer is below

Explanation:

1. There are various reasons someone might decide to lease a home, one of which is to maintain a budget as the tenant only pays rent and utility bills rather than property taxes, repairs, maintenance, and replacement cost.

2. Some types of things landlords are responsible for when renting homes is to provide a comfortable, safe, and neat home for the tenant. This includes payments of property taxes, repairs, maintenance, and replacement.

3. Some types of things you should consider if you are buying a newly built home are finances, location, timelines or duration, design, purpose: if it is for personal use or rent, etc.

4. Apartment is a rented residential space, while the condominium is an owned residential space. This implies that that, a residential space that is occupied by a tenant is called an apartment, while the one occupied by the actual owner is called a condominium.

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Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 20 percent for the next three years, with the growth

Grace [21]

Answer:

current share price is $71.05

Explanation:

given data

grow at a rate = 20 percent

time = 3 year

growth rate falling off = 8 percent

dividend = $1.45

solution

we get here price of the stock in Year 3 that is 1 year before the constant dividend growth that is

P(3) = D(3) × (1 + g) ÷ (R - g) .............1

P(3) = D0 (1 + g1)³ × (1 + g2) ÷ (R - g)

P(3) = $\frac{1.45\times 1.20^3 \times 1.08}{0.11-0.08}$

P(3) = $90.206

and

then price of the stock today is present value of first three dividends + present value of the Year 3 stock price

so price of the stock today is

P(0) = $\frac{1.45(1.20) }{1.11} + \frac{1.45(1.20)^2}{1.11^2} +\frac{1.45(1.20)63}{1.11^3} +\frac{90.2016}{1.11^3}$

P(0) = $71.05

4 0

2 years ago

Admire County Bank agrees to lend Givens Brick Company $600,000 on January 1st. Givens Brick Company signs a $600,000, 8%, 9-mon

NeTakaya

Answer:

The journal entry for the issuance and the proceeds of the note is shown below:

Explanation:

Cash A/c.........................Dr $600,000

Notes Payable A/c......Cr $600,000

The givens company received a amount of $600,000 from the bank, so cash is increasing and increase in cash is debited. Therefore, the cash account is debited. Whereas, the cash against a note payable, which increases the liability and any increase in liability is credited. Therefore, notes payable is credited.

7 0

3 years ago

Stanley is 21 years of age, single, living at home with Mom, Dad, and his younger sister, but he is not claimed by his parents.

elixir [45]

The document that he needs to complete his FAFSA application is D. None of the above.

FASFA Application is an acronym for The<u> Free Application for Federal Student Aid. </u>This is an application that is done that allows students to be considered for Federal student aid.

The documents that a student needs to complete his FAFSA application include one's security number, the <em>Federal Income tax returns</em>, and every other record of the money that the person has earned.

From the complete question, none of the above options are given, therefore, the correct option is None of the above.

Read related link on:

brainly.com/question/24962716

7 0

1 year ago

If an employer does not offer a retirement plan, what might be another way to save for retirement?

Strike441 [17]

I would think the answer D cause they both have good plans

3 0

3 years ago

Read 2 more answers

A trial balance can best be explained as a list of: Multiple Choice The balance sheet accounts used to show the equality of the

zalisa [80]

Answer:

All accounts and their balances at a particular date

Explanation:

The trial balance is the total of the all accounts belong to the income statement, retained earnings, balance sheet. Also their debit and credit balance are totalled and equalled to each other

So as per the given options, all other options except the above one are wrong as it represent to the particular statement i.e. totally incorrect

Therefore the above represent the answer

3 0

2 years ago