A down payment is usually what percentage of the asking price of a home is 5-20 percent. People take out a loan to cover the remainder of the purchase price of the Home.
What is down payment?
A down payment is a sum of money given by a buyer at the beginning of the buying process for a costly item or service.
Because the down payment is only a portion of the total purchase price, the buyer will almost certainly need to borrow the balance.
Thus, option B is correct.
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Answer: B or 5–20 percent
A down payment is usually what percentage of the asking price of a home?
0–5 percent
√5–20 percent
20–50 percent
50–75 percent
Explanation:
Comet Company is owned equally by Pat and his sister Pam, each of whom hold 100 shares in the company. Comet redeems 50 of Pam's shares on December 31, 20X3, for $1,000 per share in a transaction that Pam treats as an exchange for tax purposes. Comet has total E&P of $250,000 on December 31, 20X3. What are the tax consequences to Comet because of the stock redemption?
Answer:
Comet's E&P will decrease by $50,000 due to the exchange.
Explanation:
50 of Pam's shares are worth 50 x $1,000 = $50,000, since the corporation is redeeming them, it will do so by decreasing its earnings and profits (retained earnings account).
Generally when larger corporations buy back stocks (AKA treasury stocks), they will credit cash and debit treasury stocks, but since Pam's stocks are being retired, they are not going to be held as treasury stocks, therefore E&P must decrease.
Lito is working with a discount broker.Which service would Lito not be likely to receive?
Answer: face to face consultations
Is travelling carefully to invest money, time and energy in important situations and activities called planning?
Answer:
Planning is done by completing the task.
Explanation:
Planning is done by completing tasks with a pre-defined and planned manner with improvement. It is a continuous process that can be completed with all types of tasks. Saving time, money, and human energy during travel is also under planning, through which a person makes his journey easy, safe, and at a low cost.
Technology allows firms to listen to customers' wants, track their purchases, provide them with better service, and give them more access to information.
Answer:
This is true
Explanation:
With the recent development in modern communication technologies, communication with customers is is now very easy and yet very sophisticated. The advent of modern day communication in business like the internet and online shopping had now made it possible for a customer to communicate their wants easily to the seller and also make purchase, track their purchase and easily access more information about their seller and their purchase all from the comfort of their homes.
Think about a country where most economic production results in air pollution that creates lots of smog. What would be the trade-off if the bad result (air pollution) were reduced?
A. less of the activity that creates lots of smog
B. lower incomes
C. higher incomes
D. more of the activity that creates lots of smog
it is not A
Answer:
Option B is correct.
Explanation:
A specific risk of minimizing or eliminating bad operation must be paid. That would increase that general amount of inflation as well as lower productivity and profits, as a majority of the expenses must be borne by the government instead.
That's the compromise social system has to deal with, increased costs of earnings with far more pollution, or reduced earnings smog.
Option A is incorrect according to the following scenario because the activity that generates a range of pollution could not be achieved. Option C is incorrect according to the following scenario because we already describe that lower-income is the appropriate option. Option D is incorrect according to the following scenario because more activity, which generates much pollution, isn't really feasiblecompare and contrast reference theory of meaning and idea theory of meaning
Explanation:
Reference theory of meaning is a philosophical thought that believes the meaning of a word or acronym is doing in what it points out in the world. But the idea theory of meaning feels the meaning of a word or acronym lies in the group it represents.
For example, the meaning of the term would be seen as relating to illnesses and viruses as well as number of years from the point of view of idea theory of meaning. While the reference theory of meaning would allude the meaning using proper reference to the illness (Coronavirus) that caused the disease.
B) Answer the following questions.
1. Do you agree that business transaction is an economic transaction? Justify your answer
with TWO reasons.
Answer:
Yes, agree, business transactions are economic transactions. Two reasons why:
Profit motive: economic transactions have a profit motive: they are carried out and agreed upon between the two parties, because the parties feel that they will be better off after the transaction is completed. Business transactions are based on the profit motive.Things of value: goods and/or services, are exchanged between the parties. In business transactions, either a good (for example, an asset), or a service (for example, employees), is always exchanged.
A physical count of supplies on hand at the end of May for Masters, Inc. Indicated $1,250 of supplies on hand. The general ledger balance before any adjustment is $2,100. What is the adjusting entry for office supplie s that should be recorded on May 31?
Answer:
Debit Supplies Expenses $850 and Credit supplies $850
Explanation:
Kimdly check attached picture for explanation
Read the scenario.
Madison received $100 as a holiday gift. She used it to buy 50 mineral infused candles for $2
each. Then, she walked around the neighborhood and sold the candles for $4 each.
R
What factors of production did Madison use?
Answer:
1/34
Explanation:
Answer:
all four factors of production
Explanation:
I just took the test now and got it right
If motorcycles have elastic demand, how would a small increase in price affect demand for motorcycles?
Answer:not much
Explanation:
If it's elastic then i switchs
Imagine you buy five burgers, two books, and a pair of jeans each period. In period 1,
burgers are $5, books are $12, and jeans are $30. In period 2, burgers are $6, books are
$14, and jeans are $28. What is the CPI based on your consumption?
Answer:
To find the answer, we use the Consumer Price Index (CPI) formula:
CPI = ( Cost of Market Basket in a Given Year / Cost of Market Basket in Base Year ) * 100
In this case, we will assume that the base year is period 1, and the given year is obviously period two.
Now, we simply plug the amounts into the formula:
CPI = ( 6 + 14 + 28 / 5 + 12 + 30 ) * 100
CPI = ( 48 / 47 ) * 100
CPI = 102.13
In other words, the inflation rate for this CPI was 2.13%
"A" represents the new quantity demanded, while "B" represents the new quantity supplied.
1. What is the result of these changes?
a) equilibrium
b) excess supply
c) excess demand
2. Based on this graph, what will prices most likely do?
a) rise
b) fall
c) stay the same
**PLEASE INCLUDE EXPLANATION
Answer:
caExplanation:
because it is possible in the graph only
Answer:
1.) Excess supply
2.) Fall
Explanation:
Edge
In a statistics examination the mean score was 78 and the standard deviation was 10
(a) Determine the standard score of two students whose grade were 93 and 62 , respectively.
(b) Determine the grades of two students whose standard score was -0.6 and 1.2 respectively.
Answer:
a) determine the standard score of two students whose grade were 93 and 62 respectively
Both the Army and Marine Corps have a capability need to procure additional helicopters beyond the number specified in the current contract; the helicopter program is currently in production. What cost estimating technique would the services most likely use as a basis for requesting the funding to pay for the additional aircraft?
Answer:
Actual Cost
Explanation:
Based on the information provided it can be said that the estimating technique needed would be the actual cost technique. This refers to calculating the actual expenditure made for acquiring a specific asset. This includes all of the expenses that the supplier has invoiced as well as the costs incurred to set up, test and deliver the asset in question. Therefore in a situation such as this one the actual cost technique will be used as a basis for the amount of funding to pay.
Suppose romaine lettuce is a normal good. Suppose further incomes in the economy are rising. Everything else held constant, this will cause the _____ romaine lettuce to _____.
Answer:
Demand for
Increase
Explanation:
A normal good is a good whose demand increases when income rises and whose demand falls when income falls.
So if income is rising, the demand for the lettuce should increase.
I hope my answer helps you
Vivienne has four files she needs Bill to review. She sends Bill the file path to
where the files are saved on the server. When Bill opens the folder, he sees
the following files:
Section 1_final.docx
Section2_final vv.doc
Section3_v2.docx
section 4_final.doc
Bill sees that Vivienne may benefit from some tips about file organization.
Which of the following would be the most helpful tip?
A. The filenames should always contain Vivienne's full name.
B. The filenames should not distinguish between the different
sections.
C. The files that are not yet final should be stored separately from
files that are final.
D. The files should all be the same file type.
Answer:c: the files that are not yet final should be stored separately from files that are final
Explanation:just took the test
Answer:
C
Explanation:
Calculate Social Security taxes, Medicare taxes, and FIT for Jordon Barrett. He earns a monthly salary of $11,300. He is single and claims 1 deduction. Before this payroll, Barrett’s cumulative earnings were $128,070. (Social Security maximum is 6.2% on $128,400 and Medicare is 1.45%.) Calculate FIT by the percentage method. (Use Table 9.1 and Table 9.2) (Round your answers to 2 decimal
Answer:
1) social security taxes = (accumulated earnings - social security maximum) x 6.2% = ($139,370 - $128,070) x 6.2% = $700.60
2) medicare taxes = monthly earnings x 1.45% = $11,300 x 1.45% = $163.85
3) in order to calculate federal income taxes, I used the 2019 tables and allowance:
2019 allowance = $350 per person
monthly paycheck between $7,333 - $13,710
must withhold $1,198.46 plus 24% in excess of $7,333
federal income taxes under percentage method = $11,300 - $350 (1 monthly allowance 2019) = $10,950
$1,198.46 + [($10,950 - $7,333) x 24%] = $1,198.46 + $868.08 = $2,066.54
For 2020, there are no more personal allowances.
Give an example of a tariff. Use a primary source to give specifics about the amounts or percentages and your opinion on if it is good or bad for the United States (it may be a tariff on the United States or by the United States).
Answer must be 250 words minimum.
Answer:
Taxation of foreign steel
Explanation:
Generally, for the local producers at the first moment, it is very profitable the very existence of tariffs. They exist all over the world at a higher or lower level. But for the customers and most people, it is not. It may result
In the case of George W. Bush administration (2002) resolution on tariffs ranking up to 30% on steel products.
In the aftermath, this political resolution did not reach the goal due: making the US Steel Industry stronger, due to market behavior and to some specificities of the Steel industry.
Some steel products price has risen while others remained almost at the same level.
Some companies closed some plants in the USA and started producing steel offshore.
homes for sale by owner always save the buyers money on a commission.
a) true
b) false
Answer:
b) false
Explanation:
This statement is false. When a home-owner decides to sell their property by themselves without the help of a realtor it is called an Open Listing. This saves the seller money by not having to pay a commission to anyone but usually since the price of the home stays the same the buyer is not saving any money. There are few cases in which not having to pay a commission allows the seller to lower the price of the house a little bit and attract more buyers but this is usually not the case.
The management of company B believes that money is the only way to motivate employees. Do u agree.justify ur answer?pls
Answer:
There are actually two answers to this question its a Yes and a No
Explanation:
The reason is some employees are realistic enough to be encourage by words WHILE some others believed to be encouraged by money but from my POV I think no
“A” represents the new quantity supplied, while “B” represents the new quantity demanded. What is the result of these changes?
equilibrium
supply shift
excess demand
excess supply
Based on this graph, what should happen to prices?
They should fall.
They should rise.
They should stay the same.
**PLEASE INCLUDE AN EXPLANATION!!
The result of the changes in the new quantity demanded and supplied would be called as:
d). Excess supply
On the basis of the graph, the price of the good would:
a). They should fall.
Demand and Supply
As represented by A and B, the increase in the price of the product would cause a fall in the demand of the product's quantity. As per the law of supply, the producers are willing to sell more goods at a higher price. While the law of supply states that the consumers demand the lower amount and therefore, the supply becomes excess, leading the price to fall.Thus, options d and a would be the correct answer.
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Answer:
first one: excess supply
second one: they should
Explanation:
why did God call abraham
Answer: god chose Abraham and said i will make you a great nation and i will bless you.
Explanation: god commanded Abram to move to another country . This is why god planned to make of Abram a new nation from which the prophets of god and the savior of the world would arise.
Which statement best describes the role of a credit agency?
A. It tracks the use of credit for lenders.
B. It predicts future earning potential for lenders.
C. It teaches how to make smart financial decisions.
D. It shows how saving money makes financial sense.
I’m confused other people on here either answered A or B...I’m not sure which one it is :/
A. It tracks the use of credit for lenders.
Explanation:
I've taken the test already, I hope, me getting the answer wrong, will help others!
The correct answer is A. It tracks the use of credit for lenders.
Credit agencies, also known as credit rating agencies, help potential lenders and creditors determine whether to lend or extend credit to an individual or business, by predicting the likelihood that the borrower will repay the debt in a timely manner.
What is the main role of the three major credit reporting agencies?
Equifax, Experian and TransUnion are the three main consumer credit bureaus. They collect and store information about you that they use to generate your credit reports, which are used as the basis of your credit scores.
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after you analyzed demand, you took steps to make sure your business made sense financially. How will thinking on the margin help increase the chance of long-term success for your business, even if additional competition enters your community.
Answer:
Thinking on the margin will ensure that each pair of inserts produced is turning a profit. Once a profit is no longer being made on a pair of inserts, production must be cut back. Understanding these margins will also help me stay competitive in a market that is open to other producers. If additional producers enter the market, I know that I have the ability to lower prices or offer discounts while still maximizing profits.
Explanation:
The thinking of the margin that increase the chances of the long term success should be explained below.
Long term success:If we think on the margin so we assure that each & every pair of inserts generated should be converted in a profit. Once a profit is no longer being made on a pair of inserts, so here the production should be cut back. Understanding these margins will also help for stay competitive in a market.
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Echo Corporation uses a job-order costing system and applies overhead to jobs using a predetermined overhead rate. During the year the company's Finished Goods inventory account was debited for $360,000 and credited for $338,800. The ending balance in the Finished Goods inventory account was $36,600. At the end of the year, manufacturing overhead was overapplied by $15,900. The balance in the Finished Goods inventory account at the beginning of the year was: $15,900 $15,400 $21,200 $36,600
Answer:
The balance in the finished goods inventory account at the beginning of the year is $15,400.
Explanation:
Please see calculation for the balance in the finished goods inventory account at the beginning of the year.
= Ending balance of finished goods inventory + Credited finished goods inventory - Debited finished goods inventory.
= $36,600 + $338,800 - $360,000
= $15,400
We will ignore other information given because they are not useful for the purpose of this solution.
Kyei weighed half the total weight of his two brothers. his two brothers be weighed 44 1/2kg and 32 1/2kg.what was kyei's weight
Answer:
Kyei's weight = 38.5 kg
Explanation:
Given:
Kyei's brother's weight = 44.55 kg and 32.5 kg
Find:
Kyei's weight.
Computation:
⇒ Kyei's weight = Sum of Kyei's brother's weight / 2
⇒ Kyei's weight = [44.5 + 32.5] / 2
⇒ Kyei's weight = [77] / 2
⇒ Kyei's weight = 38.5 kg
WILL MARK BRAINLIEST
Does my signature have to be my name? Example, Instead of using my first and last name, i use 'lettuce'.
Please put how or where u got ur information.
(this is for a class discussion)
Billy Longstreet bought a new car and was a bit uncertain about whether or not he had done the right thing. Two days after he purchased it, he decided to take it back to the dealer for installation of some additional optional equipment. When Billy returned to the dealership to pick up the car after the installation, the salesman who sold Billy the car said, "You know, in the last two hours three different customers told me how much they liked the looks of your new car. One of them even wanted to know if it was for sale!" This attempt by the salesman to confirm the wisdom of Billy's purchase decision seems to be aimed at reducing:
Answer:
dissonance
Explanation:
Based on the information provided within the question it can be said that this attempt seemed to be aimed at reducing dissonance. This term refers to holds two or more contradictory beliefs, ideas, or values. Which in this scenario, the salesman makes this comment in order to see if Billy was satisfied and knew that his purchase was a good one. If Billy were to decide to sell the car to one of those interested buyers then it is likely because he does not know its value.
Anderson Corporation had a credit balance of $43,000 in its Retained Earnings account on December 31, 2014. Net income of $6,000 was reported on its income statement for the year ended December 31, 2015. Dividends in the amount of $5,625 were declared on December 31, 2015; the dividends are payable to the company's stockholders on February 1, 2016. The balance in its Retained Earnings account on December 31, 2015 equals _____.
Answer:
The balance in its Retained Earnings account on December 31, 2015 equals $43,375
Explanation:
Ending retained earnings = Beginning retained earnings + Net income - Dividend declare = $ 43,000 + $ 6,000 - $ 5,625
= $ 49,000 - $ 5,625
= $ 43,375
The balance in Anderson’s Retained Earnings account on December 31, 2019 is $ 43,375.
A student will decide to attend class when
A. The Marginal Cost in low
B. The Marginal Benefit of attending exceeds the marginal cost of attending
C. There is an attendance policy
D. The Marginal Benefit is positive
A student will decide to attend class when there is an attendance policy. Thus, option (c) is correct.
What is policy?The term policy refers to are the rules are the described in the details are the mention. The policy are the making follow to the country and the employees of the company. The policy are the making the company of the solving the issues.
A student was the decided to regularly attend lectures or classes was the main motive to fulfill the attendance policy. The attendance was the necessary to appear in the exam. An attendance was the help to gain good marks in the exams. An attendance policy was the best policy.
As a result, the student will decide to attend class when there is an attendance policy. Therefore, option (c) is correct.
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