What are the disadvantages associated with investing directly in real estate?
A) Increasing property taxes and insurance costs
B) Large investment of time and energy required
C) Illiquidity
D) All of the above are correct.
E) Only A and C are correct.
Answer: D
You might also like to view...
On January 1, Jackson, Inc's Work-in-Process Inventory account showed a balance of $65,800
During the year, materials requisitioned for use in production amounted to $70,900, of which $67,400 represented direct materials. Factory wages for the period were $209,000 of which $186,600 were for direct labor. Manufacturing overhead is allocated on the basis of 60% of direct labor cost. Actual overhead was $116,340. Jobs costing $353,220 were completed during the year. The December 31 balance in Work-in-Process Inventory is ________. A) $65,800 B) $319,800 C) $431,760 D) $78,540
Which of the following is a point of view that has most likely eroded character in business?
A) Innovation and aggressive development of markets should be rewarded. B) Respect must be earned, not mandated. C) Corporations exist to maximize shareholder value. D) Integrity may not show immediate results but will eventually return to you. E) Teamwork is a core value of successful companies.