Business, 17.12.2019 06:31 Kennedy3449

The johnsons have a second home that was available to rent for three full weeks (28 days) during the summer. of the twenty eight days, the johnsons rented it to unrelated tenants for 16 days at fair market value. in addition, the johnsons rented the home to the florians for four days. because they are family friends, the florians only paid half the market rate for the rent. the johnsons also rented the home for five days to the smiths. the smiths paid full fair market value rent even though they are related to the johnsons. how many days did the johnsons use the home for rental purposes during the year? a. 16
b. 20
c. 21
d. 25
e. 28

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 10:50

Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.

Answers: 3

Answer

Business, 22.06.2019 11:40

Manipulation manufacturing's (amm) standards anticipate that there will be 5 pounds of raw material used for every unit of finished goods produced. amm began the month of maymay with 8,000 pounds of raw material, purchased 25,500 pounds for $ 15,300 and ended the month with 7,400 pounds on hand. the company produced 4,9004,900 units of finished goods. the company estimates standard costs at $ 1.10 per pound. the materials price and efficiency variances for the month of maymay were:

Answers: 1

Answer

Business, 22.06.2019 14:30

United continental holdings, inc., (ual), operates passenger service throughout the world. the following data (in millions) were adapted from a recent financial statement of united. sales (revenue) $38,901 average property, plant, and equipment 17,219 average intangible assets 8,883 1. compute the asset turnover. round your answer to two decimal places.

Answers: 2

Answer

Business, 22.06.2019 18:00

Companies under market structures are independent

Answers: 2

Answer

You know the right answer?

The johnsons have a second home that was available to rent for three full weeks (28 days) during the...

Questions