3 years ago

What is down payment with regarding to buying a house?

1 answer:

5 0

The down payment is an initial payment made when something is bought on credit. It usually depends on the type of house or any other form of object

You might be interested in

Cushman Company had $800,000 in sales, sales discounts of $12,000, sales returns and allowances of $18,000, cost of goods sold o

patriot [66]

Answer:

Gross profit equals $420,000

Explanation:

To get gross profit , we only discount the cost of goods sold from the Total sales

Gross profit Formula= net sales – cost of goods sold

Gross profit =$800,000- $380,000

Gross profit =$420,000

We use sales returns and allowances, sales discounts and operating expenses to get net income.

5 0

3 years ago

In a traditional economy decisions are based largely on

Luden [163]

Custom

Hope this helps ;)

5 0

3 years ago

two sustainable ways in which businesses could assist the schools to ensure that school leavers are better prepared for the work

Ainat [17]

They could provide internships towards graduates to allow them to acquire working experience.
They could also provide training to help graduates have an understanding of what they are expected of in the workplace.

7 0

2 years ago

The last data-entry clerk stealthily resigned in the middle of an overwhelmingly difficult database conversion project. Identify

slamgirl [31]

Answer:

The answer is b. Difficult.

Explanation:

The correct answer to the given question is b. Difficult. The word which describes the quality or intensity of verb is known as an adverb. The word Difficult is an adverb as it clarifies the measures the verb which is data base conversion project. Stealthiness is an adjective, the word Overwhelming is a verb and Data-Entry is also a noun.

7 1

3 years ago

Schneider Inc. had salaries payable of $60,000 and $90,000 at the end of Year1 and Year2, respectively. During Year2, Schneider

Fittoniya [83]

Answer:

The correct answer is option (A).

Explanation:

According to the scenario, the given data are as follows:

Salaries payable at the end of year 1 = $60,000

Salaries payable at the end of year 2 = $90,000

Salary expense in year 2 = $620,000

So, we can calculate the cash outflows for salaries in year 2 by using following formula:

Cash outflow = Salary recorded in year 2 + Salaries payable at the beginning of the year - Salaries payable at the end of year

= $620,000 + $60,000 - $90,000

= $590,000

Hence, the cash outflow for salaries in year 2 is $590,000.

3 0

3 years ago