What are 3 benefits of the Pay down credit card feature in Quickbooks Online?

The Style of leadership uses a hands-off approach,allowing the group to direct itself. Authoritarian. Democratic. Laissez-faire

natali 33 [55]

The correct answer is Laissez-faire.

Laissez faire is a style of leadership which uses hands-off approach by allowing the group to direct itself.

Laissez faire is termed as the economic system where there are free from intervention of government.

For example, tariffs, privileges, subsidies and regulations. It is a word which came from French to mean let it go.

8 0

3 years ago

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You own a house that you rent for $1,675 per month. The maintenance expenses on the house average $315 per month. The house cost

Trava [24]

Answer:

The value that should be placed when analyzing the option of using the house as a professional office is $242,880

Explanation:

In calculating cash flow of a project, opportunity cost is very important hence be made part of the cash flow

Incremental cash flow = Appraisal on the house - Real estate fees

=$264,000 - $21,120

= $242,880

7 0

2 years ago

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The most recent financial statements for Assouad, Inc., are shown here: Income Statement Balance Sheet Sales $ 11,100 Current as

Pachacha [2.7K]

Answer:

EXTERNAL FINANCING NEEDED IS $383.736

Explanation:

For calculating the external financing , we first have to take out what the sales , cost , asset , liability will be when the sales of the company increases by 17%, so now we have to calculate all the values -

SALES = $11,100 X 1.17 ( multiplying by 17% because of increase in sale)

= $12,987

COST = $7900 X 1.17 (multiplying by 17%)

= $9243

INCOME BEFORE TAX = SALES - COST

= $12,987 - $9243

= $3744

TAXES AT 24% ON TAXABLE INCOME OF $3744

= .24 X $3744 =$ 898.56

Now subtracting this amount from taxable income

$3744 - $898.56 = $2,845.44

Next step would be of paying dividend payout ratio from it

40% of $2,845.44 = .40 x $2845.44

= $1138.176

RETAINED EARNINGS = Taxable income - Dividend payout

= $2845.44 - $1138.176

= $1707.264

NOW TOTAL ASSETS WOULD BE = $15,600(5400+10200) X 1.17

= $18,252

IT IS GIVEN IN THE QUESTION THAT COST, ASSET, LIABILITY(CURRENT) ARE ALL PROPORTIONAL TO SALES.

CURRENT LIABILITY = $3300 X 1.17

= $3861

TOTAL COST = LONG TERM LIABILITY + CURRENT LIABILITY

=$4820 + $3861

= $8681

TOTAL EQUITY EQUAL = $7480 + $1707.264 (RETAINED EARNINGS)

= $9187.264

EXTERNAL FINANCING = ASSET - LIABILITY - EQUITY

= $18,252 - $8681 - $9187.264

= $383.736

4 0

2 years ago

Seven years ago, you paid $324,800 to purchase a rental house. the maintenance expenses average $200 a month and property taxes

Mariulka [41]

The value that would be assigned to this house if you decide to use it as your office would be $ 425300

<h3>How to solve for the value of the house using opportunity cost</h3>

To get the value of the house, you have to get the opportunity cost of the house. This is the foregone alternative or benefits forgone due to another choice.

The formula is opportunity cost = Apprised Value - Selling costs

The apprised value = $439,500.

selling cost = $14,200

$439,500 - $14,200

= $ 425300

Hence the value that should be assigned to it is $ 425300