All categories

3 years ago

Which statement describes an advantage of buying a home?

2 answers:

5 0

A. purchasing a home does build equity

- homes usually don’t depreciate over time.
- when buying a home you don’t have a landlord.
- property taxes may go up, but that’s not an advantage.

Vedmedyk [2.9K]3 years ago

4 0

your taxes increase

Explanation:

mark me brainliest pl

hope you like this

You might be interested in

The comparison of two things using like or as

oksano4ka [1.4K]

A comparison between two things<span> that does </span>use<span> "like" or "as" is a simile </span>

5 0

4 years ago

Read 2 more answers

Amber's employer, Lavender, Inc., has a § 401(k) plan that permits salary deferral elections by its employees. Amber's salary is

Mila [183]

Answer:

For 2019, the maximum amount that any individual can elect for salary deferral treatment on a 401k distribution is the lesser between: 100% of their salary or $19,000.

in this case, Amber earns much more than $19,000, so the lesser amount would be $19,000.

If Amber contributes more than $19,000 to her 401k account, then she would have to pay taxes for the extra amount contributed.

3 0

3 years ago

Cully Furniture buys two products for resale: big shelves (B) and medium shelves (M). Each big shelf costs $500 and requires 100

KATRIN_1 [288]

Answer:

$45,000

Explanation:

Cully's storage constraint is: 100B + 90M ≤ 18000

If Cully were to buy only big shelves, it could buy 180 of them (= 18,000 / 100)

If they were to buy only medium shelves, it could buy 200 (= 18,000 / 90)

Cully's money restraint is: 500B + 300M ≤ 75,000

If Cully were to buy only big shelves, it could buy 150 of them (= 75,000 / 500)

If they were to buy only medium shelves, it could buy 250 (= 75,000 / 300)

So Cully's order must be within 150 big shelves and 200 medium shelves.

If Cully purchases and sells 150 big shelves, it will earn $45,000 in profit.

If Cully purchases and sells 200 medium shelves, it will earn $30,000 in profit.

Since the profit for big shelves is $500, Cully should try to sell as many of them as possible. The maximum amount that they can buy is 150, which will result in a $45,000 profit.

8 0

3 years ago

5. Explain what would happen to interest rates if a new process was developed that allowed automobiles to run off oil that was f

guapka [62]

Answer:

When the new processes are developed for manufacturing it results in interest rate fluctuations. However, operational costs would become uncertain which would further affect the total production costs. Thus the value of an investment would be impacted. Automobile demand from the customers will also get affected. thus, fall in interest rate will have a significant and positive affect on the sale of automobiles as well as revenue.

8 0

3 years ago

The transactions listed below are typical of those involving New Books Inc. and Readers’ Corner. New Books is a wholesale mercha

Anuta_ua [19.1K]

Answer:

Readers' Corner

1. Effect of each transaction on the Inventory Balance:

a. $625,000 Purchase: Inventory balance is increased

b. $11,000 Allowance: Inventory balance is decreased.

c. $614,000 Payment: Inventory balance is not affected.

a. Debit Inventory $625,000

Credit Accounts Payable (New Books) $625,000

To record the purchase of new books on account.

b. Debit Accounts Payable (New Books) $11,000

Credit Inventory $11,000

To record the allowance received from New Books.

c. Debit Accounts Payable (New Books) $614,000

Credit Cash Account $614,000

To record the payment on account.

Explanation:

Readers' Corner records its transactions with New Books Inc. by initially using the journal. The entries in the journal identify the accounts involved in each transaction. During the recording, the accounts to be debited and the ones to be credited in the general ledger are identified and recorded accordingly.

3 0

4 years ago