Answer:
One big advantage is not having to pay monthly rent.
Some other advantages are: The interest and property tax portion of your mortgage payment is a tax deduction.
There’s pride in homeownership, which also closely ties you to your community.
Affordable options exist, like purchasing a lower cost manufactured home.
Answer:
$225,000
Explanation:
Depletion rate = [Mine cost - Land value + Obligation to prepare the land for an alternative + Development cost] / Total number of ore extracted
Depletion rate = [$970,000 - $100,000 + $40,000 + $170,000] / $12,000,000
Depletion rate = $1,080,000/$12,000,000
Depletion rate = $0.09
Amount extracted in 2020 = Unit of ore extracted in 2020 / Depletion rate
Amount extracted in 2020 = 2,500,000 units * $0.09
Amount extracted in 2020 = $225,000
Answer:
S/N ACCOUNT DEBIT CREDIT
1 Equipment $22,000
Cash $22,000
Being payment for new component expected to increase the
equipment’s productivity by 10% a year
2. Equipment Repairs expenses $6,250
Cash $6,250
Being payment for equipment repair
3. Equipment $14,870
Cash $14,870
Being payment for equipment repair to prolong the useful life
the asset
Explanation:
The initial cost incurred in acquiring an asset is debited to asset account, subsequently every other cost spent on the assets are either expenses against the earning of that period or expensed over many years over the useful life of the asset.
Capitalization is the recognition of an expense as an asset in the balance sheet rather than expenses in the income statement.
The payment of $22,000 paid for the equipment productivity must be capitalized, that is added to the cost of the asset because it is a cost that is expected to increase the equipment’s productivity by 10% a year.
The $6,250 paid for normal repair is a revenue items which is to be expensed against the earning of that period.
The $14,870 paid for repairs which will increase the useful life of the equipment from four to five years is a capital expenditure which should capitalized, that is added to the cost of the asset.
Issac is seeking challenge response token type of solution.
Explanation:
Difficulty-response encryption is in computer security a group of protocols where one party raises a request ("Challenge") and then another group must send a valid answer ("Response"). User verification, the most basic example of a request-response protocol, is the task for the right user.
Authentication of the Challenge response requires a cryptographic protocol to indicate that the recipient does not know the password by themselves. The result is then computed with the use of a cryptographic hash function in conjunction with the password of the recipient.
It's actually the college the student attends. - apex <3