If the price ceiling is $25, the number of bats that would be sold is 100 bats.
How many bats would be sold?Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
Equilibrium is the point where the quantity demanded is equal to the quantity supplied. Above the equilibrium, there would be a surplus and a shortage when price is below the equilibrium.
When price is $25, the quantity demanded is 110 and the quantity supplied is 140.
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ref 29-7 charlotte withdraws $8,000 from her checkable bank deposit to pay tuition this semester. assume that the reserve requirement is 20% and that banks do not hold excess reserves. (scenario: money supply changes ii) by how much will the money supply contract as a result of the withdrawal?
When the $8,000 deposit was lying in the bank, no excess reserve existed. As $8,000 is withdrawn, there is an $8,000 decrease in deposits and an $8,000 decrease in reserves.
A deposit is an act of setting cash (or coins equivalent) with a few entities, most typically with a monetary organization, which includes a financial institution. The deposit is a credit score for the birthday celebration (man or woman or agency) who placed it, and it can be taken lower back (withdrawn) according to the phrases agreed at the time of deposit, transferred to a few different birthday celebrations, or used for a buy at a later date.
A call for deposit is a deposit that can be withdrawn or in any other case debited on brief observation. Transaction accounts (known as "checking" or "current" accounts relying on the united states of America) may be used to pay different parties, whilst savings accounts are generally payable simplest to the depositor or some other bank account and might have limits on the frequency of withdrawal.
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after five brewing company and the afl-cio are in an eight-month-long labor dispute. the afl-cio has called on its membership and the general public to refuse to purchase after five brewing products. the afl-cio is calling for a
the afl-cio has called on its membership and the general public to refuse to purchase after five brewing products. the afl-cio is calling for a primary boycott.
What is primary boycott?When a nation forbids trade with another, this is referred to as a main boycott. The main boycott is the Arab nations' unwillingness to conduct business with Israel. It is a "primary" or "direct" boycott in this context as opposed to a "secondary boycott," which targets companies that are not parties to the industrial dispute but supply to or buy from the employer that the union is in conflict with. Take a labor issue with a dairy as an illustration. Since 1979, the Export Administration Regulations (EAR) have made it illegal for citizens of the United States to take part in unofficial boycotts of nations that support the United States. The main issue at hand is the boycott of Israel by the Arab League.
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assume that the population of wylieton is 500. if 100 individuals are legally classified as unable to work (or are less than 16 years of age), 200 are classified as unwilling to work, 50 are unemployed and are willing to work but have not looked for work, 30 are unemployed and are willing to work and are looking for work, what is the unemployment rate for wylieton?
In response to the discussion, Wylieton does indeed have a 20% unemployment rate.
What exactly do users mean by "unemployment"?
Unemployment is the state of being able to work and actively looking for work, but being unable to find any. It should be noted that in order to be considered unemployed, a person must be a active member of the labor market and currently searching remunerative work. In urban India, it is 7.70%, while in rural India, it is only 6.00%. The CMIE publishes India's daily and monthly unemployment rates.
What are the consequences of unemployment?
Unemployment reduces demand, consumption, and purchasing power, resulting in lower earnings for businesses and budget cuts as well as workforce reductions.
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assume a monopolistic publisher has agreed to pay an author 10 percent of the total revenue from the sales of a book. will the author and the publisher want to charge the same price for the book?
Assume a monopolistic publisher has agreed to pay an author 10 percent of the total revenue from the sales of a book. In this situation, the author and publisher have an agreement that requires the publisher to provide the author 10% of the total income for each item sold in the market. Because the publisher must pay the author a 10% sale fee in this instance, the publisher will set the price higher than the author.
What is a monopolistic publisher?Generally, In general, the author and the publisher will have different objectives when setting the price for a book. The author will typically want to maximize their share of the revenue, while the publisher will want to maximize their own profit.
If the publisher is a monopolist, they will have more control over the price of the book. The publisher may consider the costs of producing and distributing the book, as well as the demand for the book and the prices of similar books when setting the price.
The author, on the other hand, will be more interested in the percentage of the total revenue that they will receive, which in this case is 10%. If the publisher sets a higher price for the book, the author will receive a larger share of the total revenue, even though the total number of books sold may be lower.
Therefore, it is possible that the author and the publisher may have different preferences when it comes to setting the price for the book. The final price will depend on the negotiation and agreement between the two parties.
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two wheeler dealer had sales totaling $198,464 last year. the cost of the goods sold was $177,228. expenses totaled $60,905. what was the net profit margin for the year?
The net profit margin for the two wheeler dealer in this question would be 30.45%.
How to find net profit margin ?Net profit margin is a financial ratio that reflects the percentage of total sales that represents the profit after all expenses have been subtracted. It is calculated by dividing the net profit (total sales minus all expenses) by the total sales for a given period of time, such as a year or quarter.
To find the net profit margin for the two wheeler dealer in this example, you can use the following formula:
Net profit margin = (Total sales - Cost of goods sold - Expenses) / Total sales
Plugging in the values given in the problem, we get:
Net profit margin = ($198,464 - $177,228 - $60,905) / $198,464
This simplifies to:
Net profit margin = ($60,331) / $198,464
Which is equal to:
Net profit margin = 0.3045 or 30.45%
So the net profit margin for the two wheeler dealer in this example would be 30.45%. This means that 30.45% of the total sales represents the profit after all expenses have been subtracted.
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an asset manager wishes to reduce his exposure to the small cap stocks in his portfolio by using a swap in which he agrees to pay a dealer the return on a small-cap index based on a notional $50,000,000. in return, the dealer agrees to pay him a fixed return of 5% on the same notional amount. the payments are semi-annual and the fixed payments are based on a 30-day per month and 365-days per year calculation. if the small cap index goes moves from 205.00 to 200.00 during the semi-annual period, what net payment will the dealer pay to the asset manager at the end of the period? $2,482,877 $2,452,389 $2,423,353 $2,395,667 $1,232,877
As per the terms, the of the agreement following are payment terms-
1. Asset manager will pay the returns on the small-cap index (any negative return will be received by him)
2. The dealer will pay a fixed return of 5% p.a to the asset manager
Hence, the dealer will pay a net amount of $ 2,514,927.99 or $2,514,928 (loss on small cap index and the fixed payment of interest)
Amount invested by asset manager- $ 50,000,000.00
Current index value- $ 195.00
No. of index futures bought- 256,410.26
Value of index after 6 months $ 190.00
Value of futures bought by asset manager- $ 48,717,948.72
Return to an asset manager (a) $ (1,282,051.28)
(any return is to be paid by the dealer, thus he will pay for the loss on index futures)
Notional Amount $ 50,000,000.00
Interest rate p.a 5%
Total Interest for 365 days $ 2,500,000.00
Equivalent interest for 180 days (b) $ 1,232,876.71
The total amount to be paid by the dealer (a+b) $ 2,514,927.99
In financial accounting, an asset is any aid owned or controlled by means of a commercial enterprise or an economic entity. it's miles anything (tangible or intangible) that can be used to produce a positive financial fee. assets represent the price of possession that may be converted into coins (even though cash itself is likewise considered an asset). The stability sheet of the firm information the economic fee of the assets owned by way of that firm. It covers cash and different valuables belonging to a man or woman or to a commercial enterprise.
Belongings may be grouped into two important instructions: tangible assets and intangible belongings. Tangible property includes various subclasses, consisting of current belongings and glued belongings. the cutting-edge property encompasses coins, inventory, and bills receivable, at the same time as fixed assets consisting of land, buildings, and equipment. Intangible properties are non-bodily sources and rights which have value to the company due to the fact they give the company a bonus within the market.
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The Federal Reserve is worried about rising prices, so it has decided to decrease the money supply. The government wants to encourage economic growth, so it has decided to cut taxes. This situation shows that the Federal Reserve and the government can have _____ goals.
The Federal Reserve has chosen to reduce the amount of money in circulation because it is concerned about growing prices. The administration has chosen to reduce taxes in order to promote economic growth. This instance demonstrates how the objectives of the Federal Reserve and the state can diverge.
What is Economic growth?The rise or improvement in the market value of the commodities and services generated by an economy within a fiscal year is referred to as economic growth. Statisticians typically gauge this growth as a percentage rate of growth in the real GDP, or gross domestic product.
To remove the distorting influence of inflation on the prices of produced items, growth is typically calculated in real terms, i.e., terms adjusted for inflation. National income accounting is used to calculate economic growth. The benefits and downsides of that approach are present since economic growth is calculated as the annual percent change of GDP. Utilizing the GDP to population ratio, it is common practice to compare the economic growth rates of various nations.
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fully grown parent cells split into two halves resulting in two daughter cells with the exact dna as the parent.
Binary fission involves the division of the parent organism into two halves.
What precisely is binary fission?Binary fission is asexual reproduction in which the organism is divided into two new bodies. An organism copies its genetic material, or deoxyribonucleic acid (DNA), in the process of binary fission, and separates into two pieces (cytokinesis), with each new organism acquiring one copy of DNA.
What is a fission example?In the fission process, energy is produced by dissolving large atoms, like uranium, into smaller atoms, like iodine, caesium, strontium, xenon, and barium, to mention a few. To create the heavier helium, fusion combines light atoms, such as the deuterium and tritium isotopes of hydrogen.
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which normative theory of business ethics would tjx have displayed if it had informed customers as soon as the breach was corrected and told other retailers how to prevent future security breaches?
Social Contract theory of business ethics would tjx have displayed if it had informed customers as soon as the breach was corrected and told other retailers how to prevent future security breaches.
Social contract theory says that human beings stay collectively in society according with an agreement that establishes ethical and political policies of conduct. some people trust that if we stay consistent with a social contract, we will stay morally by using our very own desire and now not due to the fact a divine being requires it.
In moral and political philosophy, the social contract is a theory or version that originated at some stage in the Age of Enlightenment and normally, despite the fact that no longer usually, worries the legitimacy of the authority of the nation over the man or woman.
The goal of a social agreement principle is to reveal that participants of some society have cause to propose and follow the essential social guidelines, legal guidelines, institutions, and/or concepts of that society.
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what compliance regulation is similar to the european union (eu) general data protection regulation (gdpr) of 2016 and focuses on individual privacy and rights of data owners?
This regulation is called the EU General Data Protection Regulation or GDPR, and is aimed at guiding and regulating the way companies across the world will handle their customers' personal information and creating strengthened and unified data protection for all individuals within the EU.
What do you mean by privacy?
Because privacy provides us the freedom to decide who to share our thoughts and feelings with, it is crucial. Our information is protected by privacy if we don't want it made public (such as health or personal finances). Protecting our physical safety through privacy (if our real time location data is private).Commonly, privacy is viewed as a private good, with my personal information being mine to safeguard and manage and yours being yours. This understanding of privacy leaves out a crucial element of the policy issue. A person who handles data carelessly exposes vast information about both herself and other people.To know more about privacy here
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what were some of the effects of the trade policy changes under gatt? multiple select question. tariffs were reduced by 33% on average. intellectual rights were given more protection. quotas on agricultural goods were phased out. tariffs replaced quotas on apparel and textiles.
Quotas on clothing and textiles were superseded with tariffs. The average reduction in tariffs was 33%. More protections was provided to intellectual property rights.
Why is commerce so crucial?Trade is essential to the prosperity of the United States so it boosts economic expansion, promotes domestic industry, raises living standards, and enables citizens to sustain their families with reasonably priced items and services.
What exactly does trading in commerce mean?Any action conducted to generate money from the sale of things or the provision of services falls within the definition of industry or business. It is not restricted to integrated aggregation of assets, operations, and goodwill that constitute companies for the purposes of other Internal Revenue Code sections.
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Suppose the government wants to levy a new excise tax. For each of the following goods, determine whether you would expect an excise tax to result in large or small deadweight loss.
a. Alcohol Deadweight loss is relatively (Click to select)
b. Milk Deadweight loss is relatively (Click to select)
c. Diamonds Deadweight loss is relatively (Click to select)
d. Tropical vacations Deadweight loss is relatively (Click to select)
e. Socks Deadweight loss is relatively (lick to select)
Suppose the government wants to levy a new excise tax. For each of the following goods, determine whether you would expect an excise tax to result in large or small deadweight loss is a. Alcohol Deadweight loss is relative.
Whilst items are oversupplied, there is a dead weight loss. as an instance, a baker can also make one hundred loaves of bread but most effectively sell 80. The 20 final loaves will cross dry and moldy and will be thrown away – resulting in a deadweight loss.
The deadweight loss is the vicinity of the triangle bounded by means of the right edge of the grey tax income box, the unique supply curve, and the call for the curve. it's miles known as Harberger's triangle.
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the choices that a firm has for entering the international market include all of the following except: a. exporting. b. acquisition. c. licensing. d. leasing.
The alternatives that a company has for getting into the worldwide marketplace consist of all the following except:d. leasing.
The required details about leasing is mentioned in below paragraph.
A leasing is a legal, binding agreement outlining the phrases beneathneath which one celebration concurs to hire assets owned with the aid of using any other celebration. It ensures the tenant or lessee use of the assets and ensures the assets proprietor or landlord normal bills for a unique length in exchangeLease accounting is the method with the aid of using which a organisation data the economic affects of its leasing activities. leasing that meet particular class necessities ought to be recorded on a organisation's economic statements.Leasing is a manner of renting an asset that the enterprise requires, which include a espresso machine. Monthly bills are made and the leasing organisation is liable for the supply and protection of the leased item.
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by analyzing the income statement, what amount of money is left over at the end of the year from the business once everything is accounted for?
The amount of profit your business has remaining after all costs have been met is known as net income. Total revenue here refers to all money made from selling goods or services.
What is included in the financial statements?
The revenues, expenses, and profitability of a company are shown on a net income over time. It is also frequently referred to as an income (P&L) or financial report. Your sales revenue for products and services is shown.
What are an example of an income statement?
An income statement is a financial statement that lists the revenue and expenses of the company. Additionally, it displays a company's profit or loss over a specific time frame. The balance sheet and income statement
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question content area while some businesses have been granted charters under state laws, most businesses receive their charters under federal laws. true false
While a few groups were granted charters below kingdom legal guidelines, maximum groups obtain their charters below federal laws.False.
The required details about federal laws is mentioned in below paragraph.
Federal laws are payments which have handed each homes of Congress, been signed through the president, handed over the president's veto, or allowed to end up regulation with out the president's signature. Individual legal guidelines, additionally referred to as acts, are organized through difficulty withinside the United States Code. Federal laws is the frame of regulation created through the federal authorities of a country. A federal authorities is shaped while a set of political units, along with states or provinces be part of in a federation, delegating.
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mickale is taking notes at a presentation on finances and marketing. since he is in a learning mode, what type of notes should he take so he is not overwhelmed with information overload?
Definitions state that habituation is the decrease in behavioral reaction to repeated stimuli without sensory adaptations fatigue or motor fatigue.
What does the term "sensory" mean?The phrase sensory refers to something that is emotionally charged or that you can actually feel. You can have a sensory experience by inserting a scalpel into a toaster, but you can also smell roses.
What kind of thing is sensory?Examples of sense interactions include (1) savoring food with both taste and smell, (2) avoiding a road because a heavy car is visually approaching and blasting its horn, and (3) assembling a model boat using sight and touch.
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you have $17,800 to invest and would like to create a portfolio with an expected return of 11.15 percent. you can invest in stock k with an expected return of 10.2 percent and stock l with an expected return of 13.8 percent. how much will you invest in stock k?
Having $17,800 to invest and to create a portfolio with an expected return of 11.15 percent. The amount to be invested in stock K with an expected return of 10.2 percent is $13,102.78.
Give a brief account on portfolio investment.Stocks, corporate and governmental bonds, real estate investment trusts (REITs), mutual funds, exchange-traded funds (ETFs), and bank certificates of deposit are just a few of the asset classes that fall under the umbrella phrase "portfolio investments." Owning a stock, bond, or other financial instrument as part of a portfolio involves the hope that it will generate income, increase in value over time, or both. In contrast to direct investment, which requires an active management role, it comprises hands-off or passive ownership of assets.
There are two broad categories of portfolio investments:
Purchasing financial assets with the goal of keeping onto them for a long period and doing so because of their long-term growth potential, income yield, or both, is known as strategic investment.In order to achieve short-term gains, the tactical strategy necessitates active buying and selling activity.To solve the question.
The solution is attached below.
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The complete question is mentioned below :
You have $17,800 to invest and would like to create a portfolio with an expected return of 11.15 percent. you can invest in stock k with an expected return of 10.2 percent and stock l with an expected return of 13.8 percent. how much will you invest in stock k?
Multiple Choice
$6,262.96
$4,110.07
$13,102.78
$12,010.88
$4,697.22
an internet provider has been the only one available in the county for many years. a small startup has recently opened, offering customers internet at a much lower rate. the original internet provider buys the building that is being rented by the startup and raises their rent to an unfair amount. this makes it impossible for the startup to stay in business. if brought to the attention of authorities, what kind of crime would the company most likely be accused of? question 32 options: false advertising restraint of trade price fixing fraud
If brought to the attention of authorities restraint of trade would the company most likely be accused of.
Which of the following would constitute a professional occupational crime?Despite the fact that there are many different criminal behaviors that can be classified as occupational crimes, white collar crimes including embezzlement, money laundering, tax fraud, and the exploitation of corporate data or assets are the most prevalent.
This would include stealing business property or submitting fake expense claims. These are professional criminal acts committed in the course of their profession. For instance, a physician or psychologist may overcharge an insurance provider in order to increase their revenues.
Here are several precautions that business owners can take. The three main types of occupational fraud are misappropriation of assets, corruption, and financial statement fraud. Occupational fraud is sometimes referred to as workplace fraud, internal fraud, or employee fraud.
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a broad-line distributer marketss its own brand of canned fruits and vegetables. what action can a buyer take during a bid process to ensure that these products meet quality standards as outlined in the bid specification?
Provided that this is a half bid auction, where the top bidder pays the second highest price for the item out for auction sale, if b1>b2, then b1 receives the item for the amount of b2, and vice versa.
Why do you use the word "auction"?In an auction, price competition for an item by submitting offers. Live and online bidding are also options for auctions. Bidders are unaware of competing bids at a closed auction, such as the sale of a company. Buyers are aware of each other's bids in an open sale, such as an livestock auction.
How can I bid at an auction to receive the best price?A lot of the time, auctioneers begin an item at a premium cost and then
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panera bread has innovated to improve the quality of its distribution system, to improve the quality of its bread dough, and to introduce new menu items. these are examples of:
This kind of innovation in the product is called incremental innovation. This is a type of change done as focuses on improvement in an existing product. This increases efficiency and productivity to meet current competition in the market.
Incremental innovation helps in the improvement of products according to the market position. It has become a common method to increase and attract consumers and survive in competition with their opponents in the long run of production. It is considered an important factor that determines the future and success of the business enterprise.
Hence , we can conclude that the business should keep the innovation mode on and always be attentive to learn about upcoming new trends to grab earlier opportunities.
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suppose you read in the paper that the fed plans to reduce money supply. the fed is most likely to do this by
In contrast, the Fed can raise cash and remove money from the economy by selling bonds out of its account in order to reduce the amount of money in circulation.
What happens as the money supply expands?Increased money supply often results in lower interest rates, which encourages more development and more wealth in consumer' hands, which has in turn raises consumption. As a result, businesses increase their orders for materials and increase output.
Why is the amount of money important?In conclusion, the supply of money is crucial because inflation will occur if it increases faster than the economy's capacity to generate goods and services. Moreover, a slow-growing money supply might result in decreased productivity, which can result in
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trisha manages a sales force that sells laboratory supplies to university science labs. she wants to implement a reward program for high performance based on the principles of expectancy theory. any rep whose territory bills over $500,000 in sales will win a trip for two to a caribbean island. last year the high billing territory made $400,000 in sales. as the outside consultant on the rewards program project, you suggest that she ask around to make certain that this is something the reps would enjoy. your other advice is
she asks around to make certain that this was something the reps would enjoy. your other advice is To consider whether the sales reps believe that this reward is attainable.
The Caribbean is an area of the Americas that consists of the Caribbean Sea, and its islands (a few surrounded by the Caribbean Sea and a few bordering the Caribbean Sea. The area is southeast of the Gulf of Mexico and the North American mainland, east of central the USA, and north of South America.
The area takes its name from that of the Caribs, an ethnic institution present inside the Lesser Antilles and components of adjoining South the USA at the time of the Spanish conquest of the Americas. The word "Caribbean" has more than one makes use. Its important ones are geographical and political. The Caribbean can also encompass territories with sturdy cultural and historical connections to Africa, slavery, European colonization, and the plantation device.
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free riders often result in multiple choice scarcity of time. market failure. overallocation of resources. competitive markets.
Free riders often result in multiple choice scarcity of time market failure overallocation of resources.
A market failure occurs when the forces of the market are unable to distribute resources effectively. Many factors contribute to it, including externalities, monopolies, asymmetrical knowledge, the tragedy of the commons, etc.
When the market fails, the government must step in to allocate resources effectively. Government intervention is necessary because the market's inability to create things effectively leads to failure.
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Free riders often result in multiple choice scarcity of time market failure overallocation of resources.
A market failure occurs when the forces of the market are unable to distribute resources effectively. Many factors contribute to it, including externalities, monopolies, asymmetrical knowledge, the tragedy of the commons, etc.
When the market fails, the government must step in to allocate resources effectively. Government intervention is necessary because the market's inability to create things effectively leads to failure.
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robin company had net income of $67,000. the company had 9,000 weighted average common shares outstanding. the basic earnings per share equal $7.44 per share. group startstrue or false
True. The basic earnings per share is calculated by dividing the net income by the weighted average common shares outstanding. In this case, $67,000 divided by 9,000 = $7.44 per share.
What is share?Share is the act of giving something of value, such as a portion of a company's profits or ownership, to someone else. It is also the process of owning and trading stocks, bonds, or other investment instruments with the expectation of earning a return on the investment. Shareholders are individuals who own shares in a publicly traded company, and they are typically entitled to a portion of the company's profits and voting rights in company matters. Companies typically issue shares to raise capital for business operations, and the shareholders will benefit from any positive return on the investment. Shareholders also have the obligation to bear any losses the company may incur.
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in the late 1970's, nike ran up against an out-of-date law that almost bankrupt the company. what was the name of that law used throughout the book shoe dog?
This same name of something like the lord that was utilized all through the book shoe dog was American selling price.
What exactly do you mean by "company"?
A corporation is a legal entity created by a group of people to interact in and operate a commercial or industrial enterprise. Guess it depends on the business law of its jurisdiction, a company can be organized in a variety of ways for tax and current burden purposes.
Why is this company significant?
It promotes collaboration among coworkers in businesses by using tools such as sharing files. It enhances communication. By letting your business to schedule essential deadlines as well as meetings on your online meeting and communicate that information in bulk, technology reduces stress.
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a real estate transaction has a closing date of november 15. the seller, who is responsible for costs up to and including the date of settlement, has already paid the property taxes of $5,116 for the calendar year. at closing, the buyer will be
$639.50 is deducted from the answer. On the closing statement, the buyer will be charged or debited with an amount sufficient to cover the seller's loss on the prepaid taxes.
What does the term "real estate" mean?
Real estate is defined as the land and any affixed permanent structures, such as a house, or improvements, whether created naturally or artificially. Real property includes real estate.
A Real Estate Agent: What Is It?
An authorized real estate agent connects buyers and sellers for transactions and advocates for them in court. In most cases, agents are paid a commission, which is a percentage of the sale price of the home. The commission an agent receives is based on their state and brokerage.
Briefing:
(1) finding the monthly amount of the real estate taxes ($5,116 ÷ 12 = $426.33)
(2) finding how many months lie between the settlement and the end of the year (15 days, or ½ month, in November and a full month in December = 1.5 months),
(3) finding the taxes on 1½ months ($426.33 × 1.5 = $639.50).
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The wolves pay their aging kicker $637,000 a year. he has agreed to a 13% pay cut. what is his new salary?
a company decided to price its product with the penetration strategy. what advantage does the company potentially create by selecting this type of pricing strategy?
With penetration strategy, the advantage the company potentially create is Due to the goodwill developed among inventors and early adopters, it can build demand through word-of-mouth advertising.
What is meant by Penetration strategy?The idea of a penetration strategy is to work aggressively to significantly increase one's share of total sales in a market. A business may often make things or purchase goods at a reduced cost as a result of the increasing sales volume, which allows it to raise its profit margin.
The promotions for introductory low prices for select fresh items that you frequently notice when you enter a supermarket are the ideal instances of penetration pricing. In order to boost demand for the organic goods they sell, Costco and Kroger use penetration pricing.
A market penetration strategy is essentially a method of introducing a new product into an established market (where existing or similar products already exist) (from your company or organization).
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in 2009 the price index moves from 100 to 104, the inflation rate is . in 2010 the price index moves from 107 to 111, the rate of inflation is . this is an example of
The numerical results of a calculation based on a basket of goods can get a little messy. To simplify the task, the price level in each period is typically reported as an index number, rather than as the dollar amount for buying the basket of goods. Index numbers are unit-free measures of economic indicators. Index numbers are based on a value of 100, which makes it easy to measure percent changes. We’ll explain this shortly.
Inflation is calculated by taking the price index from the year in interest and subtracting the base year from it, then dividing by the base year. This is then multiplied by 100 to give the percent change in inflation.
[tex]Inflation (Price Index in Current Year Price Index in Base Year )[/tex][tex]^* 100$[/tex]
Price Index in Base Year
From our previous example:
[tex]$$\text { Inflation }=\frac{(120-100)}{100} * 100=0.2 * 100=20 \%$$[/tex]
Thus from 2006 to 2007 , inflation has risen[tex]$20 \%$.[/tex]
In this context, inflation is measured as a percentage change in the price index from one period to the next.
If the percentage change in the price index is negative it shows deflation rather than inflation.
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assume that each of the following individuals has a diagnosis of bulimia nervosa. which one of them is most likely to engage in an episode of binge eating at this point? group of answer choices diane, who is watching television and feels sleepy as she listens to the reports of political polls suchira, who just won a scholarship to the college she wanted to attend and is going out to celebrate penelope, who is upset over failing two exams and just had an argument with her parents farrah, who is working what will happen to her town now that a major employer has cut back on jobs
This Standard's goal is to provide the accounting treatment of intangible assets that aren't covered in-depth by another Accounting.
What types of assets are intangibles?An asset that lacks a physical form is said to be intangible. It is a long-term asset with annual value growth. Intellectual property, name recognition and image, relationships, or goodwill are a few examples of intangible assets.
What are assets, both tangible and intangible?Equipment and inventory are examples of tangible assets, whereas valuable intangible assets are assets that cannot be seen (such as trademarks). Assets can be purchased and traded and both assets have value. A tangible asset's value can be determined more readily than an intangibles.
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