Which of the following is an advantage of renting over
advantage of renting over buying a home?
Answers
Answer:
having to make a down payment..
An advantage of renting over buying a home and having to make a down payment. The correct option is D. Financial risks are lower when renting. You are aware of the precise monthly rent payment you will be making.
What is the most significant advantage of renting?The three biggest advantages of staying a renter, in Ramsey's opinion, are having more flexibility if you decide to move, not having to pay for home maintenance, and not having to spend as much money initially. Additionally, your landlord will handle all necessary repairs, upkeep, and other costs. There is no additional cost.
Renting offers convenience, consistent monthly costs, and maintenance assistance. Along with the concrete advantages of tax deductions and equity, home ownership also offers intangible advantages like a feeling of security and pride in one's possession.
Thus, the ideal selection is option D.
Learn more about Renting here:
https://brainly.com/question/15057676
#SPJ2
Related Questions
For retirement, identifying which of the following most correlates with generating income for retirement? A. Tangible assets B. Debt C. Insurance D. Cash flow
Answers
Answer:
it should be A
Explanation:
it generating income for retirement
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
(refer to the basic risk assessment matrix tool in the risk management handbook) what would be the level of risk for an remote hazard with catastrophic consequences? quizlet
Answers
In a basic risk assessment matrix, typically, the level of risk is determined by considering the likelihood or probability of an event occurring and the potential consequences of that event.
The matrix usually categorizes the risk into levels such as low, medium, and high, or uses numerical scales.
For a remote hazard with catastrophic consequences, the level of risk would generally be considered high. Even though the likelihood of the hazard occurring is remote, the catastrophic consequences indicate that if it were to happen, the impact would be severe.
However, it's important to note that risk assessment methodologies and terminology may vary across different industries and organizations.
It would be best to refer to specific risk management handbooks or resources that provide detailed risk assessment frameworks for a more accurate understanding of risk levels and their associated criteria.
Learn more about risk assessment from the given link!
https://brainly.com/question/1224221
#SPJ11
Which type of economy is usually centered mainly on meeting people’s basic needs?.
Answers
The market economy of the economy is usually centered mainly on meeting people’s basic needs.
There are three main types of economies: free market, command economy, and mixed economy. The chart below compares a free market economy and a planned economy. A mixed economy is a combination of both. Individuals and businesses make their own financial decisions.
Capitalism is often seen as an economy system in which private actors own and manage the property according to their own interests, with demand and supply freely setting prices in the market to serve the best interests of society. . An essential feature of capitalism is the motive for making profits.
Learn more about the economy at
https://brainly.com/question/1106682
#SPJ4
what is a main reason business needs government regulations? select one: a. to assist in executing worthwhile causes b. to protect the interest of society and consumers c. to help companies be successful d. to provide financial assistance when needed
Answers
b) Businesses need government regulations to protect society and consumers by ensuring ethical operations, fair competition, consumer safety, and environmental sustainability.
The main reason businesses need government regulations is to protect the interest of society and consumers. Regulations ensure that businesses operate ethically, responsibly, and in compliance with standards that safeguard public health, safety, and fair competition. Government regulations help prevent fraudulent practices, misleading advertising, and the exploitation of consumers. They set guidelines for product quality, environmental sustainability, and workplace safety, ensuring that businesses prioritize the well-being of individuals and communities. Regulations also promote fair competition by preventing monopolies, price-fixing, and anti-competitive practices that could harm consumers or stifle innovation. By establishing a level playing field, regulations foster trust and confidence in the marketplace. Moreover, regulations play a vital role in sectors such as finance, healthcare, and food safety, where public oversight is crucial to maintain stability, protect vulnerable populations, and prevent systemic risks. Overall, government regulations balance the interests of businesses with the broader welfare of society and consumers.
learn more about consumer safety here:
https://brainly.com/question/2622523
#SPJ11
Explain the significance of profit equaling zero when calculating a break-even point
Answers
Answer:
profit equal zero defines the break-even point
Explanation:
By definition, the break-even point is the point where profit is equal to zero. The significance is that zero profit defines the break-even point.
The AutoSum icon is located in
which of the following groups on the
Home tab? *
Answers
Answer:
The AutoSum option can be found in two areas: It is contained in the Editing group of the ribbon, as shown in the first example above. It can also be found under the Formulas tab.
in humans happens meaning the process needs male and female parent.A.SEXUAL REPRODUCTION B.ASEXUAL REPRODUCTION C.OVULATION D.MENSTRATION
Answers
Answer:
A.SEXUAL REPRODUCTION
Explanation:
Money market is essentially a market for short term funds. Discuss
Answers
Answer:
ok so a money market is like say you want to start a business, you have to invest in your business to start getting money back
Explanation:
so say Sarah wanted to start a bracelet business she has to buy the things for it and buy flyers and things to start earning customers to get money back :)
hope this helps I'm only in 10th grade so this was hard to explain
TRUE / FALSE. relative to campaigns in the nineteenth century, today’s campaigns require – effort by campaign workers and – campaign money.
Answers
True
Relative to campaigns in the nineteenth century, today's campaigns do require significant effort by campaign workers and campaign money.
What is an appointment book used for?
Answers
Answer:
You can create an appointment book for customer service representatives to use when scheduling appointments with customers. An appointment book is a calendar view of the daily time slots in which an appointment for on-premise work can be done.
Franklin transferred 952 photos from his phone in 17 minutes. At what rate does his phone transfer photos?
Answers
Answer:
56 photos per minute
Explanation:
952 divided by 17 is 56
How is an excise tax different from a sales tax an excise tax is not deductible?.
Answers
If it's a personal expense, an excise tax is not deductible.Excise taxes that are typical and essential costs of operating your trade or service are deductible as business expenses.
Are excise taxes deductible?A tax levied on produced items at the time of manufacture as opposed to the time of sale is referred to as an excise tax.But the government levies a levy known as the sales tax on the sale of all products and services.Because it only applies to certain products, the excise tax differs from Excise taxes, unlike regular sales taxes, are typically levied as a percentage of the purchase price rather than a flat rate per unit.For example, the excise tax on cigarettes is determined by the cost of a pack.Moreover, the majority of gasoline excise taxes are calculated in cents per gallon.While sales tax is assessed on a considerably wider range of items, excise duty is only applicable to certain goods and services.Sales tax is often charged as a percentage of the cost, in contrast to excise duty, which can be calculated either on a per-unit basis or as a percentage of the cost.Excise taxes are levied on a wide range of goods, services, and activities.These taxes may be assessed against the producer, the retailer, or the consumer, depending on the tax.To learn more about excise tax refer
https://brainly.com/question/22358769
#SPJ4
Leverage
-Increases investment risk
-Decreases investment risk
-Only works to the investors advantage
-Increases owners equity in an investment
Answers
Leverage can increase investment risk because it involves borrowing money to make investments, which can result in higher losses if the investment does not perform well.
Leverage in finance refers to any strategy that involves borrowing money to make purchases while anticipating future earnings to be several times greater than the price of financing. Leverage often refers to using borrowed funds to pay for an asset purchase. Leverage is frequently used in order to boost an asset's profitability. People borrow money and employ leverage because they think they can buy greater resources and increase their profits with the additional funds.
However, it can also potentially increase returns. It does not necessarily decrease investment risk or only work to the investors' advantage. Leverage can increase owners' equity in an investment if the returns generated from the investment are higher than the cost of the borrowed funds.
To learn more about Leverage, click here:
https://brainly.com/question/30985112
#SPJ11
what should you do when planning for college?
Answers
Answer:
a way to get a large amout of money (legally) to pay off the debt
more money for a place to live
and even more money to get food and other impoartant things to live
Explanation:
an alternative to stocks, but school never taught you what stocks are, so now get more money to buy a phone so u can have basic knowlede
and illegal alternative is to sell something adictive like drugs, cigs. or start a casino or scam pp, for money, or rob a bank
Management at work you are the proud owner of a small vintage clothing store. your store, fantastic 40s, specializes in clothing from the 1940s. you have four great employees, rebecca, rachel, roberto, and rafael. at first, business was good, but, recently, you have noticed that sales are slipping. puzzled, you turn to your management textbook for some ideas on how to turn things around.
Answers
Answer:
You measure sales over time and realize that the months of July, August, and September are particularly slow. As a result, you ask two of your sales clerks if they would be willing to work part-time during those months. Management Science.
Management science refers solving problems and making decisions in a company in order to move it forward. By preferring solutions to the problem of slow sales over some months, you have engaged in management science.
You make sure that when you hire new people, you get input from each of the existing team members. if they're happy with the new hire, they're more likely to make that person part of the team, and the team will sell more. Humanistic Management Theory.
With Humanistic Management, the needs, wants and thoughts of employees are taken into account when making decisions because employees are not viewed as simple assets to the company but as humans who are complex. By finding out what your employees think of a new hire you are engaging in the Humanistic theory.
You notice that when customers have too many choices, they are less likely to make a decision about what to buy, so you tell all of your employees to bring out only three things at one time. In addition, you start to pay your employees a commission for every item they sell. Classical Management theory.
Classical management is based on certain premises such as the needs of employees being either physical or economic as well as profit maximization. By offering commissions as incentives you are appealing to the economic need of your employees. By engaging in practices aimed at getting people to buy more, you are engaging in profit maximization.
A customer survey shows that the men who come into the store would prefer to be left alone while they shop, but the women who come into the store want to be asked if they need assistance. you tell your employees to leave men alone and ask women if they want help. Contingency Theory.
Contingent Theory shows that for each situation in a company, it is best to manage it based on the internal and external factors affecting it. In this case men don't need help but women prefer it. Offer help to women but not to men. You are therefore basing actions on the factors affecting this situation.
Keisha owns a house worth $275,000 with a mortgage of $195,000. She owns a car worth $12,000 and has $7,500 in car loans. She has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card. What is Keisha’s net worth?
$88,700
$91,700
$292,700
$496,700
Answers
Answer:
$88,700
Explanation:
Given:
Keisha owns a house value $275,000 with a mortgage of $195,000. She owns a car value $12,000 and has $7,500 in car loans.
She has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card.
Hence, The net worth of Keisha is $88,700
Answer:
Answer:
$88,700
Explanation:
Given:
Keisha owns a house value $275,000 with a mortgage of $195,000. She owns a car value $12,000 and has $7,500 in car loans.
She has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card.
Hence, The net worth of Keisha is $88,700
Explanation:
what shows the notice about foreign employment
Answers
\(\large\huge\green{\sf{Question:-}}\)
what shows the notice about foreign employment\(\large\huge\green{\sf{ Answer:-}}\)
➡Foreign employment refers to being employed in a different country than that of a person's origin.
Blue, newspapers or professional journals; Red, personal contacts abroad; Green, recruitment websites.When does the interviewer usually look at the interviewee's LinkedIn profile?during the job interviewsoon after the job interviewtwo weeks before the job interviewa week before the job interviewjust before the job interview
Answers
The interviewer may look at the interviewee's LinkedIn profile at any time during the recruitment process, including before, during, or after the job interview. The correct answer are option a and b.
However, it is common for interviewers to review the candidate's LinkedIn profile before the job interview to gain additional insights into their skills, experience, and qualifications.
It is also possible for the interviewer to review the profile during or after the interview as part of their evaluation process.
Therefore, candidates should ensure that their LinkedIn profile is up-to-date and professional-looking to make a positive impression on the interviewer at any stage of the recruitment process.
The correct answer are option a and b.
To know more about LinkedIn refer to-
https://brainly.com/question/2190520
#SPJ11
Complete question
When does the interviewer usually look at the interviewee's LinkedIn profile?
a. during the job interview
b. soon after the job interview
c. two weeks before the job interview
d. a week before the job interview
e. just before the job interview
Vail Resorts, Inc. is an American mountain resort company headquartered in Broomfield, Colorado. Vail Resorts, Inc., operates a
downhill ski area near Snomass, CO. An all-day adult lift ticket can be purchased for $95. Adult customers also can buy a season pass
that entitles the pass holder to ski any day during the season. The season typically runs from December 1 to April 30. Vail Resorts, Inc.
expects its season pass holders to use their passes equally throughout the season. Vail Resorts, Inc's fiscal year ends on December 31.
On November 6, 2024, James Smith purchased a season pass for $495.
Required:
1. When should Vail Resorts Inc recognize revenue from the sale of its season passes?
2. Prepare the appropriate journal entries that Vail Resorts Inc would record on November 6 and December 31.
3. What will be included in the Vail Resorts Inc 2024 income statement and balance sheet related to the sale of the season pass to James Smith?
Answers
1. Vail Resorts, Inc. should recognize revenue from the sale of its season passes over the duration of the skiing season, which typically runs from December 1 to April 30. This means that revenue should be recognized gradually over this period as customers utilize their season passes to ski. This method of revenue recognition is called the accrual basis.
2. On November 6, when James Smith purchased the season pass for $495, Vail Resorts, Inc. would record the following journal entry:
Debit: Cash $495
Credit: Unearned Revenue $495
This entry recognizes the cash received from the sale of the season pass and records it as unearned revenue, as the services (skiing) have not yet been provided.
On December 31, at the end of Vail Resorts, Inc.'s fiscal year, the appropriate adjusting journal entry would be:
Debit: Unearned Revenue $123.75 ($495 ÷ 4)
Credit: Revenue $123.75
This entry recognizes the portion of the season pass revenue that has been earned during the fiscal year. Since the season typically runs for 5 months, December to April, the first month (December) would account for 1/5th of the revenue.
3. In the 2024 income statement, Vail Resorts, Inc. would include the portion of the season pass revenue that has been earned during the fiscal year. This would be the $123.75 recognized in the adjusting journal entry on December 31.
In the 2024 balance sheet, Vail Resorts, Inc. would include the remaining unearned revenue balance of $371.25 ($495 - $123.75). This represents the portion of the season pass revenue that has not yet been earned as of December 31, 2024.
It's important to note that these figures are specific to James Smith's season pass purchase. The income statement and balance sheet would also include revenue and unearned revenue from other season pass sales.
To know more about statement , visit:
https://brainly.com/question/28936505
#SPJ11
Does decreasing the value of the local currency contributes in the increase of the economic growth rate
Answers
Answer:
Yes
Explanation:
Devaluation is the purposeful reduction of the value of a nation's currency in relation to another currency or group of currencies. When the currency is devalued, it can lead to an increase in the export of the nation's produce because the price of the exported goods is cheaper and foreign countries are most likely to purchase cheap goods.
The economic growth rate of a nation is the change in percent of goods and services produced in a country over a period of time. It gives an idea of the income of the average citizen in the country. When the value of the local currency is devalued, exports will increase and that will also cause an increase in the income of citizens. This translates to a resultant increase in the economic growth rate of the nation.
Please select the group (a)-(f) above that contains the bias committed by the statement below. (a) Context-based Biases Confirmation bias; Observer-expectancy bias; Anchoring effect; The framing effect; Selective attention; The availability bias (b) Group-based Biases Groupthink; The bystander effect (c) Egocentric Biases Self-serving attribution error; Self-serving recollection bias; The Barnum (or Forer) effect; The spotlight effect; False-consensus bias (d) Pessimism and Optimism Biases Declinism; The halo effect; Just-world bias; The placebo effect (e) Knowledge & Memory-Related Biases Clustering illusion; Frequency illusion (or Baader-Meinhof phenomenon); Stereotyping; The dunning-kruger effect; The curse of knowledge; Recency; Misinformation effect; The Hindsight Bias; Outcome bias; Confabulation (f) Other Miscellaneous Biases Omission bias; Status quo bias; Ostrich effect; Loss aversion; The sunk-cost fallacy ..................................................................................................................................................................................... 1st Statement: Attractive people are more likely to be hired for a position that has nothing to do with their looks. ............................................................................................................................................................................. 2nd Statement: "Do you love your children?" will receive far more yes answers than "Are you any happier having had children?" ............................................................................................................................................................................. 3rd Statement: I have wasted $100 on this slot machine, so I must carry on playing until I win. ............................................................................................................................................................................. 4th Statement: I pick the Patriots to win the Super Bowl, but when they are down big in the 4th quarter I get mad at myself for choosing them. Then they come back to win in dramatic fashion and I claim I never doubted them for a second.
Answers
The bias committed in the first statement is the halo effect, which is the tendency to judge a person's abilities or traits based on their overall appearance or a single positive trait. In this case, the statement assumes that attractive people are more qualified for a job despite having no evidence to support it.
The bias committed in the second statement is the false-consensus bias, which is the tendency to overestimate the degree to which others share our beliefs or attitudes. The question assumes that having children makes people happier and therefore, the majority of people would answer yes.
The bias committed in the third statement is the sunk-cost fallacy, which is the tendency to continue investing time, money, or effort into a situation based on past investments, even if it is no longer rational to do so. In this case, the person has already lost $100 and believes that they need to continue playing in order to win back their losses.
The bias committed in the fourth statement is the hindsight bias, which is the tendency to believe, after an event has occurred, that one would have predicted or expected the outcome. The person claims that they never doubted the Patriots, despite being upset with their performance, after they win the game.
To know more about Halo Effect visit:
https://brainly.com/question/14739328
#SPJ11
what are the responsibilities of the broker regarding pre-closing activities? generate prospects, develop price range, complete listing presentation, negotiate execute and agreement commingling or conversion of escrow funds facilitate fulfillment of contract contingencies and provisions complete necessary disclosures, obtain offers, develop marketing plan, sell and qualify prospective buyers
Answers
As a broker, there are several responsibilities that need to be taken care of before closing a deal. Firstly, it is important to generate prospects by reaching out to potential buyers or sellers through various marketing channels.
Once a potential seller is identified, the broker needs to develop a price range for the property and complete a listing presentation to showcase its features and benefits.
After the presentation, the broker should negotiate and execute an agreement with the seller that outlines the terms and conditions of the sale. It is crucial that the broker does not engage in any commingling or conversion of escrow funds during this process to maintain trust with their clients.
Once an agreement has been reached, the broker should facilitate the fulfillment of any contract contingencies and provisions. This may include obtaining necessary disclosures and obtaining offers from interested buyers.
Additionally, the broker should develop a marketing plan to attract and sell the property to qualified prospective buyers. This involves screening and qualifying potential buyers to ensure they have the financial resources to purchase the property.
Overall, the responsibilities of the broker regarding pre-closing activities involve ensuring that the sale process runs smoothly and efficiently while maintaining ethical and legal practices.
Read more about Broker at https://brainly.com/question/17247887
#SPJ11
What is the Importance of sales promotion
Answers
Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Answers
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
Read more on immigration here: brainly.com/question/9809956
#SPJ1
Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
l
l
∨
Explanation:
Here's the picture and I hope this helped!
Have a nice day!
which is a cause of system unavailability? A) natural disaster B) incomplete testing C) poor password practices D) poor physical security
Answers
Answer:
D) poor physical security
Explanation:
Answer:
A natural disaster
Explanation:
I know it seems weird but I put that and my test on Plato scored it as right
In the résumé above, what would cause appearance of the "00000000000"?
Answers
The “ 00000000000” on the résumé could be an error, but I believe that it means that they do not have any experience and/or objectives.
(Edit): Hi! I just completed my test and I got a 100 by using this
The resumes were scanned, and the formatting changed the way they looked when they were converted to text. Under "Objective" in this instance, there was an underlining that changed to "000000000000."
What is Formatting ?
The presentation or appearance of your essay is referred to as formatting. Layout is another term for formatting. Headings, regular paragraphs, quotations, and bibliographic references are the four text types that the majority of essays use. Both endnotes and footnotes are acceptable.
If the paper is double or single spaced, where the page numbers are placed, and whether a cover page is included or not are examples of formatting. Different formatting conventions call for different sets of rules.
By dividing information into sections and giving them headings, emphasizing essential phrases or concepts using bold, italics, or lists, and generating a strong first impression, formatting also increases the reader's accessibility to the content (professional look and feel, appropriate font choice for the document type).
Learn more about Formatting here
https://brainly.com/question/21934838
# SPJ 5
Instructions: Enter your responses as a whole number The federal deficit fell from \( \$ 1,300 \) billion in 2011 to \( \$ 680 \) billion in 2013 . How much of this \( \$ 620 \) billion deficit reduct
Answers
The deficit reduction between 2011 and 2013 was $620 billion is the answer.
To discover out how much of the deficit reduction happened between 2011 and 2013, we ought to calculate the distinction between the two deficit values.
Deficit Reduction = Deficit in 2011 - Deficit in 2013
Deficit Reduction = $1,300 billion - $680 billion
Deficit Reduction = $620 billion
Therefore, the deficit reduction between 2011 and 2013 was $620 billion.
Reducing the deficit can have a few suggestions for the economy. A lower deficit demonstrates a decreased requirement for government borrowing, which can offer assistance to alleviate pressure on interest rates and obligation servicing costs. It moreover reflects a more feasible financial arrangement, as the government is taking steps to address the imbalance between income and expenditures.
know more about deficit
https://brainly.com/question/3386453
#SPJ4
Q 6.14: The Daily Grind sells coffee makers. Its inventory of coffee makers without timers cost $20,000 and is now valued at $10,000. Its inventory of coffee makers with timers cost $35,000 and is valued at $35,000. What is the value of the Daily Grind's inventory
Answers
Answer:
$45,000
Explanation:
Given the following :
Coffee makers without timer :
Inventory COST = $20,000
Present valuation = $10,000
Coffee makers with timer:
Inventory cost = $35,000
Present valuation = $35,000
The value of daily grind's inventory will be the sum of the present valuation of both coffee makers:
(Present valuation of coffee maker without timer + present valuation of coffee maker with timer)
($10,000 + $35,000) = $45,000
government spending, taxes, and fiscal policy — end of chapter problem why might requiring the federal government to balance its budget each year limit its ability to respond to an economic downturn?
Answers
Requiring the federal government to balance its ability to respond to an economic downturn: it would prevent the government from employing an expansionary fiscal policy spending would have to be offset by increased taxes. The correct option is A.
This means that during a recession, when tax revenues decline and government spending needs to increase to stimulate the economy, the government would not be able to do so without first raising taxes. This would likely exacerbate the economic downturn by reducing consumer spending and business investment.
In addition, if the government were forced to cut spending to offset lost tax revenues, it could lead to reductions in critical programs such as social safety net programs and infrastructure investments, which could harm the long-term health of the economy.
Therefore, requiring the government to balance its budget each year would limit its ability to respond effectively to economic downturns. he correct option is A.
To know more about federal government, refer here:
https://brainly.com/question/2496524#
#SPJ11
Complete question:
Government Spending, Taxes, and Fiscal Policy - End of Chapter Problem Why might requiring the federal government to balance its budget each year limit its ability to respond to an economic downturn?
a. It would prevent the government from employing an expansionary fiscal policy, since increased government spending would have to be offset by increased taxes.
b. compel the government to cut spending to offset lost tax revenues, which decline during recessions.
c. require the government to increase spending to match increased tax revenues, pushing up interest rates and crowding out private spending.
d. force the Fed to pursue an expansionary monetary policy, which would cause inflation, undermining economic growth.