Jamie Lee and Ross understand that purchasing the second home for the triplets to use during the college years is not all about saving money by avoiding paying the dorm rent. What are some of the liabilities that Jamie Lee and Ross can expect that are directly connected to owning the second home, that might make them second-guess the purchase?

Answers

Answer 1

Some of the liabilities that Jamie Lee and Ross may pay that make them to second guess the purchase would be loans and mortgages.

If the house is a mortgage then it would mean that the house would be a liability instead of an asset. This is going to make them to second guess on buying this house.

If these parents borrowed money in order to purchase the home it would be a liability on them because they would have to pay back the money owed.

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Related Questions

If a person wanted to purchase his or her dream car, and keep it for many years, is leasing or buying the better option? Why? a. Buying would be the better option because the overall cost would be less. After the car is paid off, the owner gets much more value from the car, having already paid it off. B. Leasing would be the better option, so the newest model could be driven every few years. C. It wouldn't matter, as long as the person got to drive the dream car. D. Leasing would be the better option because it would allow the person to customize the car and drive it as much as he or she wants.

Answers

Answer: A. Buying would be the better option because the overall cost would be less. After the car is paid off, the owner gets much more value from the car, having already paid it off

Explanation:

The best thing that a person can do if they want their dream car is buying because a. Buying would be the better option because the overall cost would be less. After the car is paid off, the owner gets much more value from the car, having already paid it off.

Why is buying better?

Once you buy your car, it is yours and you can do with it as you please instead of observing stringent rules that come with leasing.

The total cost would also be less because you would have bought the car at a once off amount instead of an amount that has interest.

In conclusion, option A is correct.

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True or false: Adams, Inc. has found that their managers are reluctant to replace old equipment with new, updated equipment. To stop this practice, Adams should compute ROI using assets' net book values.

Answers

Answer: False

Explanation:

According to the given scenario, the given statement is false as net book value discourages equipment replacement.

What is meant by net book value?

The historical cost of an asset, less any sums deducted for depreciation, amortization, or depletion, is its net book value. The requirement that assets be reported at their market worth is a byproduct of fair value reporting. Several of the financial reporting rules mandated by US GAAP are emphasized by the fair value concept. "An asset's selling price agreed upon by a willing buyer and seller, presuming both parties are knowledgeable and join the transaction freely," is what fair value reporting refers to.

When revealing the worth of property, plant, and equipment, NBV is frequently utilized (PPE). This indicates that it is diminished as assets are amortized or depreciated. It is based on the notion that assets depreciate slightly over time as a result of use.

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Implementing the closure process includes several _______ activities, including getting delivery acceptance from the customer.

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The implementation phase is simply known as the stage where a person along with one's project team actually do the project work to produce the deliverables. Implementing the closure process includes several wrap up activities, including getting delivery acceptance from the customer.

The implementation phase in any closure process entails putting the project plan into action.

The project manager often coordinate and direct project resources to align with the objectives of the project plan.

The closing phase of project management is known as the final phase of the project lifecycle.

This process makes sure that work is completed based on to the project plan and scope.

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The three factors that evaluate the level of creativity in the decision-making process are fluency, flexibility, and originality. True False

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Making choices among alternative courses of action is known as decision making. The three factors that evaluate the level of creativity in the decision-making process are fluency, flexibility, and originality is a true statement.

Creative decision-making is simply known as the ability to consider all views and solve a problem in a new way.

It often set up new or better ways, offer a new method or even help discover a new product or service for a business to offer.

Researchers often focus on three factors to evaluate the level of creativity in the decision-making process. They are:

Fluency: this refers to the number of ideas an individual is able to get. Flexibility: Based on if decision makers are able to get several unique solutions to a problem.Originality: something/Idea that is conceived by you.

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expansionary fiscal policy is used in order to ______ the economy.

Answers

Answer:

stimulate

expansionary fiscal policy is used in order to “stimulate” the economy; this is the right answer

Legal Application
13. Juan was vacationing at a Mexican resort when he lost a valuable necklace. He put a notice in
the local newspaper that promised a $500 reward for finding and returning the necklace.
Because Juan had to leave the resort two days later, he included his home address and phone
number. Two months later, Mia found his necklace and contacted him. Juan told her he would
give her only $300 for returning
the necklace since he had to wait so long for it. Can Juan
revoke his $500 offer for this reason? Explain your answer.

need help with this one

Answers

Juan cannot revoke his offer of $ 500 for this reason because in his ad he did not establish a time limit on finding and returning the necklace.

Juan established an offer for whoever finds his necklace with specific conditions and a retribution value of $ 500. Once a person reads the ad and looks for the necklace and finds it, it can be inferred that he accepted the agreement, so Juan cannot change his offer from $ 500 to $ 300.

If Juan had the intention of lowering the amount of compensation money for whoever found his necklace after a while, he must have expressed this in the advertisement that he published. Therefore, Juan must pay $ 500 for his necklace.

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A garden store bought a fountain at a cost of $995. 66 and marked it up 100%. Later on, the store marked it down 25%. What was the discount price?.

Answers

$1,493.49 would be the discount price.

Marking up to 100% would double its price; equaling $1,991.32. Then discounting that number by 25% will give you your answer of $1,493.49

Higher product taxes and costly regulations will
A. Increase Supply
B. Supply/Demand Equilibrium
C. Decrease Supply

Answers

Increase supply because I did the test and this was right and if it isn’t sorry

Which of the following is widely accepted as a method of payment?

A. Free exchange of ideas
B. Deferred payments
C. Medium exchange of money
D. None of these

Answers

Answer:

C

Explanation:

which is a legal tender and it's generally acceptable

I vote is on c

Because I said so

how much will I need to save per month to have $600 by the end of one year?​

Answers

I think the answer is $50 :)

Although marketing strategy requires a good marketing mix, on which element of the mix is the Microsoft case focused?

Answers

Based on marketing strategy analysis, the excellent marketing mix that the Microsoft case focused on is Price.

This is because it has been observed that Microsoft generally sets the price of their products based on the cost of their competitors and the demand of the consumer.

This was evident when Microsoft set the price of their Windows OS at a premium rate due to its increased demands.

The other elements of marketing mix aside from Price include the following:

ProductPlacePromotion

Hence, in this case, it is concluded that the correct answer is "Price."

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what are some of the industries which will be impacted by the application of quantum computing, as discussed in the prep material?

Answers

Some of the industries that are going to be impacted by the application of quantum computing includes:

The finance industry The energy industryPower sectorTransportationAerospace and Automotive industryPharmaceuticalsCyber security

Quantum computing can be described as a computational type that has to do with the usage of the collective abilities of quantum states to carry out calculations.

Quantum computers are used to carry out these computations. What is used to carry out the computations are:

superposition, interference, and entanglement.

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If both parties to a budget negotiation seek to expand the overall budget so that each party gets more, this is an example of which kind of negotiation strategy

Answers

The kind of negotiation strategy whereby both parties to a budget negotiation seek to expand the overall budget so that each party gets more is an example of integrative negotiation.

An integrative negotiation refers to a negotiation approach whereby both party reach a joint agreement through the creation of value for each party

Here, the value created is that the overall budget will be expanded so that each party gets more.

Therefore, this type of negotiation strategy is known as integrative negotiation.

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which of the following occurs when a real estate agent or buyer persuades an owner to sell their property at a deflated amount, based on the notion that other houses in the neighborhood are being acquired by individuals of another race or class?

Answers

Blockbusting is known to occur when real estate agent persuades the owner to sell its property at a deflated amount.

Blockbusting is also referred to as panic selling.

Blockbusting is referred to as illegal practice where a buyer or estate agent convinces homeowners to sell their property below the fair market value by scaring them of false facts..

Hence, term called "Blockbusting" is known to occur when real estate agent persuades the owner to sell its property at a deflated amount.

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the statement of cash flows provides summary information about cash

Answers

Answer: inflow and outflow

Explanation: The statement of cash flows shows where cash is coming from, the inflow and where cash is going to, the outflow. It is the last financial statement to be prepared.

Hope this helps

The skill of digital______ allows a user to search, find, process, and evaluate information relating to digital resources.

Answers

Answer:

literacy

hope this helps<3

The phenomenon of selecting an insurer that charges lower rates for a specific risk exposure is known as:

Answers

Adverse selection. The phenomenon of selecting an insurer that chargers lower rates for a specific risk exposure is known as: The number of similar exposure units is small. All risks are not insurable.

A production system that reduces a raw material to its component parts in order to extract one or more marketable products is a(n) _____ production system.

Answers

Answer:

synthetic production system

Explanation:

if financial management is the heartbeat of competitive businesses, what keeps that heartbeat stable?

Answers

Answer:

the  lungs or the brain

Explanation:

A corporation has 40,000 shares of $25 par value stock outstanding. If the corporation issues a 4-for-1 stock split, the number of shares outstanding after the split will be:

Answers

Based on the information given the number of shares outstanding after the split will be: 160,000 shares.

Using this formula

Outstanding shares=Current shares  outstanding × Number of the split

Where:

Current shares  outstanding =40,000 shares

Number of the split =4

Let plug in the formula

Outstanding shares=40,000 shares×4

Outstanding shares=160,000 shares

Inconclusion the number of shares outstanding after the split will be: 160,000 shares.

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'The failure or success of any business depends on marketing management '. Do you agree to this statement? Give your arguments.​

Answers

Answer:

Yes

Explanation:

Because if the marketing managment wasn't strong the business will fail but if the marketing managment is strong preety sure it will be successful

In order to anticipate demand, advertising and promotions must be coordinated with the departments that control inventory. store managers. human resource departments. fulfillment centers. customers.

Answers

Answer:

Tayo ang para sa isat isa....di ba sinta tayo dalawa lang noon para sa isat isa ...bat di sumangayon sa ating ang panahon,

Explanation:

chorus:

siguro ngay wala ng natira sa alam....

A stock issued by a stable corporation that generally attracts conservative investors is called a(n) _______ stock.

Answers

Blue-chip stocks are the stock issued by a stable corporation that generally attracts conservative investors.

Blue-chip stocks refers to a type of stock investment which is well-established by reliable companies that has advantageous positions in their markets.

These type of firm which issues Blue-chip stocks are firm which has been successful in the industry and thus, rewards its shareholders with regular dividends.

Therefore, the Blue-chip stocks are the stock issued by a stable corporation that generally attracts conservative investors.

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the two conflicting tendencies that a firm has in an oligopolistic industry are

Answers

cooperate to maximize joint profits and the incentive to cheat on the agreement in order to increase the firm"s share of the profit.

in most states, only the member-managers will be entitled to vote. Group of answer choices True False

Answers

this is false hope that helps

When Grand Metropolitan, a British company, purchased U.S.-based Pillsbury Co. in order to expand its product line and the market for its existing consumer products, it was an example of a(n):

Answers

Companies do invest in foreign firms for profits. It was an example of a Foreign direct investments.

Foreign direct investments (FDI) are commonly referred to as substantial investments that company do engage into a foreign way.

It is known to be a stage of cross-border investment where investor resident in one economy set up a long interest in and a good extent of influence over an enterprise resident in another economy.

It often help the economic problems of developing countries and also boast forward internal policy reforms.

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westover ridge offers a 9 percent coupon bond with semiannual payments and a yield to maturity of 11.68 percent. the bonds mature in 16 years. what is the market price per bond if the face value is $1,000?

Answers

$807.86 is the answer

The Current Market Price of Bond is $807.86.

How to compute Current Market Price of Bond?

The present market value of Bond can be ascertained by using following Formula:

V = 2n∑t=1 [(I/2) / {(1+kd /2)t }] + [F / (1+kd /2)2n]

   = I/2 (PVIFA kd/2, 2n) + F (PVIF kd/2, 2n)

Where,

V = Value of the bond = to be ascertained.

I/2 = Semi-annual interest payment - 9% / 2 * $1000 - $45

Kd /2 = Discount rate applicable to a half-year period (YTM) – 11.68%/2 - 5.84%

F = Par value of the bond repayable at maturity - $1000

2n = Maturity period expressed in terms of half-yearly periods. 16*2 – 32 times

Current Market Price (CMP) of Bond and the yield to maturity has inverse relation i.e. if the YTM is more than coupon rate then the price of bond is less than its face value. This can be easily understand by graph attached. It help investor to take wise investment decision in bond market.

Therefore, if YTM is 11.68% and Coupon rate is 9.00 % semi-annually than the CMP would be $807.86 i.e. less than its FV 1000$.

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the discovery of a large amount of previously-undiscovered oil in the u.s. would shift

Answers

What will happen if there is discovery of a large amount of previously-undiscovered oil in the u.s. is that :

In long-run aggregate-supply curve to the right.

For aggregate supply curve shifts to the right, it can be deduced that at every price level, there is a production of higher quantity of real GDP.

This is usually referred to as  positive supply shock in economics.

Therefore, aggregate-supply curve to the right in the long run.

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because of the relationship between net capital outflow and net exports, the level of net capital outflow at the equilibrium real interest rate implies that the economy is experiencing

Answers

Based on the relationship between net capital outflow and net exports, it can be illustrated that the economy is experiencing a balanced trade.

A balanced trade simply means when the imports that are in the economy are equal to the exports. This can be achieved through inflation control.

From the complete information, the relationship between net capital outflow and net exports can be depicted as:

C + I + G + X - M = C + S + T

(I - S) + (G - T) = (M - X)

Assuming the balanced budget is I - S = 0, it implies that M - X = 0 and this is a condition for a balanced budget.

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how is self employment an alternative to large scale industries?

Answers

Answer:

The self-employment involving activities on a small-scale is a good alternative to large scale business which has brought various evils like environmental pollution, development of slums, exploitation of workers, and so on. In self-employment there is no limit of earnings as is the case with wage employment.

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