What are some "hidden" costs to homeownership that can affect the resale value of a home?
What will be an ideal response?
There are many "hidden" costs to home ownership like school districts, zoning restrictions, and even resale value. For example, even though you may not want or have children, being in a good school district increases the resale value of your home. Make sure you know who owns the property around you and what zoning restrictions regulate the use of the property. You can buy a house nestled against a nice wooded forest, but if the adjacent property is zoned for commercial use, nothing prevents a developer from putting up a strip mall. This zoning devalues your home when it comes time to sell it. It's even important to keep up with all the routine maintenance a home demands. It's very common when you go to sell your house that the new buyer's home inspection will reveal needed repairs before the sale will go through. You're already spending a lot of money on agent commissions, closing costs, and moving costs to sell your home. You don't want to also have to spend another $15,000 or so for a new roof or a new heating system as a condition of the sale.
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Which of the following statements regarding evaluated receipt settlement (ERS) is false?
a. ERS is a system by which an organization pays for a purchase on the basis of the goods receipt. b. ERS can reduce the costs associated with entering invoices, matching the invoice with the PO and receiving report, and resolving discrepancies between the invoice and the PO and goods receipt. c. ERS arrangements are only made with vendors who have proven e-payment records. d. Upon receipt of the goods, the AP/CD system compares the received quantity to the open purchase quantity and, if appropriate, makes a payment based on the price and terms on the PO.
Salaries of $6,400 are paid for a five-day week on Friday. Prepare the adjusting journal entry that is required if the month ends on Thursday
Which is NOT part of a PESTEL analysis?
a. Environmental b. Economic c. Electoral d. Social
Consider the assembly line below. The three fabrication operations run in parallel, such that each batch of 20 units only needs to go through one of the three fabrication operations
After that, each batch needs to go through both assembly operations, which occur simultaneously (specifically, 10 components are made for each unit in the fabrication stage—some components are then assembled in the Assembly 1 area while others are assembled in the Assembly 2 area). The units are packaged and made ready for shipment in the final stage. What is the throughput time per batch of this operation? A) 88 min. B) 8 min. C) 40 min. D) 34 min. E) 33 min.