When is buying a house and renting it out a profitable venture? a. renting is profitable only when one has enough money set aside to pay for the house in full. b. when the rent money coming in is more than the monthly mortgage, taxes, and maintenance, rental real estate is profitable. c. renting a house out is profitable if one does not require a contract or cost of utilities. d. renting out a house is only profitable when one has more than three properties for rent.

Sarah needs to complete financial aid packets. during which school year would she do this? sophomore freshman senior junior

The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?

Betty contracted with scooby’s skate store to deliver a pair of skates to jake for his birthday. scooby’s owner was going on a trip and delegated the delivery of the skates to brian. brian failed to make delivery. can jake sue brian for breach of contract, as he was not a party to the original contract? explain your answer. brian was not a party to the original contract. why would a court hold him responsible for failing to make delivery? if you do not think a court would hold him responsible, explain your answer. can jake sue scooby’s skates for breach of contract? explain your answer.