Answer:
it is important
Explanation:
if u budget monthly by the end of the year you can identify the profit or loss (yes l am 12)
When the police lawfully arrest the occupant of a vehicle, they have had the right to search the passenger compartment of that vehicle. A 2009 U.S. Supreme Court decision limited that authority to two circumstances which include the following:
Multiple Choice
If the police can place a GPS tracker on the vehicle in an effort to see if a crime has been or may be committed
A lawful arrest for a routine traffic stop occurs within a five-mile radius of a recently committed crime
When an officer reasonably believes that the vehicle contains evidence relevant to the crime for which the occupant of the vehicle may be arrested
When the exclusionary rule can be properly applied to all the evidence collected
A 2009 U.S. Supreme Court decision limited that authority to two circumstances which include when an officer reasonably believes that the vehicle contains evidence relevant to the crime for which the occupant of the vehicle may be arrested.
What is a lawful arrest?A lawful arrest is an arrest carried out by the police force or any other authorised party that conforms to the legal requirements such as having probable cause, an arrest warrant, and so forth. It is an arrest that is made within the legal framework of a given state, and the detained party is entitled to protection by the constitution.
The arrested person is taken to a detention facility where they are held until a court proceeding is carried out.
Learn more about lawful arrest at
https://brainly.com/question/28619459
#SPJ11
if the income from the franchise is reinvested at an annual interest rate of 10% compounded continuously, find the present value of the franchise. (round your answer to 2 decimal places.)
The present value of the franchise is $9,048.37 given that the income from the franchise is reinvested at an annual interest rate of 10% compounded continuously.
Let the present value of the franchise be P. Let A be the amount received after t years. We know that the formula for continuous compounding is
A = P e^{rt}Where e is a constant, Euler's number (approximately 2.718),r is the annual interest rate as a decimal and t is the time in years.
Since the income is reinvested continuously, the amount A becomes the principal P after t years.
Hence, we have
P = A e^{-rt}
The problem mentions that the income is being reinvested at an annual interest rate of 10% compounded continuously. Hence, r = 10% = 0.1 Since the income is being reinvested continuously, we can take the time t to be any value that we choose. We will take t = 1 year, for the sake of convenience. A = income from franchise= $10,000
Hence, we have
P = A e^{-rt}P = $10,000 e^{-0.1}P = $9,048.37
Therefore, the present value of the franchise is $9,048.37, rounded off to two decimal places.
Know more about present value here:
https://brainly.com/question/29586738
#SPJ11
a mortgage allows the borrower to initially make small payments on the mortgage. the payments then increase over the first 5 to 10 years and then level off. a. graduated-payment mortgage b. growing-equity mortgage c. second mortgage d. shared-appreciation mortgage
The mortgage that allows the borrower to initially make small payments on the mortgage, the payments then increase and then level off is called a graduated-payment mortgage. Option (a) is correct answer.
A graduated-payment mortgage is a type of mortgage that has lower initial payments and then gradually increases over a specified period. The payments are typically lower at the beginning of the loan term, which then increases over the first 5 to 10 years, and then stabilizes after a certain period.
The graduated-payment mortgage is an alternative to traditional fixed-rate mortgages, with which the borrower pays a fixed interest rate and monthly payments for the entire loan term.
Graduated-payment mortgages are generally geared toward people who expect their income to grow substantially over time, making higher mortgage payments more feasible.
The graduated-payment mortgage is used to encourage young families who are starting on their career path by allowing them to make low initial payments. Therefore option (A) is correct answer.
Learn more about graduated payment mortgage https://brainly.com/question/985045
#SPJ11
during which stage of product development does a company estimate costs, identify pricing, and evaluate demand for the product in order to determine profitability? multiple choice question. product launch idea generation test marketing business analysis
The stage of product development in which a company estimates costs, identifies pricing, and evaluates demand for the product in order to determine profitability is Business Analysis.
Business Analysis is a process in which companies assess the viability of their product by studying its costs, pricing and potential customer base. This analysis helps them make decisions about whether to move forward with the product launch. It involves researching the market, competition, potential customers and financial costs.
Companies must also create realistic expectations for how the product will perform once it is launched. This includes estimating potential sales, customer feedback and profitability. All of these factors help companies decide if the product is worth developing.
By researching the market, competition, potential customers and financial costs, companies can get a better understanding of the viability of their product. This helps them determine the pricing, production costs and potential profits. Companies can then use this information to make a more informed decision about whether to launch their product. This analysis allows them to create realistic expectations for the product launch and helps them manage risks.
To learn more about Business Analysis. here:
https://brainly.com/question/26299461#
#SPJ11
as part of the preparation process, a business speaker should multiple choice question.
a. plan to arrive exactly at the scheduled time of the speech to avoid hearing comments beforehand.
b. consider possible questions from the audience.
c. focus solely on making a clear presentation. d.reduce transitions in the presentation at points where audience members might freely interrupt.
As part of the preparation process, a business speaker should consider possible questions from the audience. The correct answer is B. consider possible questions from the audience.
When preparing for a business speech, the speaker should focus on more than just making a clear presentation. Other important preparation tasks include researching the topic and audience, analyzing the situation, and planning a suitable structure and delivery.
Additionally, it is important to consider potential questions the audience may have and to come up with answers to those questions. This will help the speaker feel more prepared for any audience questions and will help ensure the speech is informative and well-received. The correct answer is B. As part of the preparation process, a business speaker should consider possible questions from the audience.
For more about preparation process:
https://brainly.com/question/10432371
#SPJ11
mr. and mrs. shohler received $25,200 social security benefits this year. their only other source of income was mrs. shohler's $10,479 taxable pension from her former employer. how much of their social security is included in gross income?
The taxable portion of their benefits is 85% of the $25,200, which equals $21,420. The remaining 15%, or $3,780, is not included in gross income.
The Shohlers' social security benefits are included in their gross income.
To calculate the taxable portion of their social security benefits, we first add together their other sources of income. In this case, their taxable pension is $10,479.
This brings the total to $35,679. We then multiply this total by the taxable percentage of benefits, which is 85%. The result is $21,420, which is the amount of their social security benefits included in gross income.
To know more about gross income click on below link:
https://brainly.com/question/26479727#
#SPJ11
(table: peanut butter and jelly prices) use table: peanut butter and jelly prices. suppose a market basket consists of 20 jars of peanut butter and 10 jars of jelly. what is the value of the market basket in 2019?
When people seek information to support their point of view and discount data that do not, they are subject to bias. a. confirmationb. overconfidence c, blindd. framing e. representativeness
When people seek information to support their point of view and discount data that do not, they are subject to bias. The answer to this question is confirmation bias. The answer is option a.
What is confirmation bias?Confirmation bias is the phenomenon of ignoring or rejecting information that does not support one's beliefs, and seeking information that confirms one's existing beliefs. It is a form of cognitive bias that is prevalent in various areas of life, including politics, religion, and science. Confirmation bias can lead to false beliefs, limited perspectives, and the inability to consider alternative viewpoints or information.
Therefore, it is important to be aware of confirmation bias and strive to remain objective and open-minded when seeking information or evaluating evidence.
Learn more about Confirmation bias here: https://brainly.com/question/14210925
#SPJ11
Continue to consider the prior question. Assume that there is an increase in the wage rate per hour. If the income effect dominates the substitution effect and leisure is a normal good, mark the correct (or multiple correct) answer(s): - Hours worked will increase - Leisure will decrease - Leisure will increase - The labor supply curve is downward sloping, - The demand for leisure is downward sloping - The labor supply curve is upward sloping. - The demand for leisure is upward sloping. - Hours worked will decrease.
In the following question, among the given options, The correct answer is that, Assume that there is an increase in the wage rate per hour. If the income effect dominates the substitution effect and leisure is a normal good "hours worked will increase" if the income effect dominates the substitution effect and leisure is a normal good.
What is a normal good? Normal goods are goods whose demand increases as income rises. As the consumer's income rises, so does their purchasing power. A higher income allows consumers to purchase more normal goods, which boosts demand. As a result, the typical good has a positive income elasticity of demand (PED). When income rises, the consumer buys more of it.
The income effect dominates the substitution effect when the income effect is greater than the substitution effect. If the income effect is dominant, hours worked will increase because the consumer is willing to trade time for more money. When the wage rate increases, the consumer's purchasing power rises. Because leisure is a normal good, this increase in purchasing power causes an increase in leisure demand. However, because the consumer's income has increased, the consumer can now afford to purchase more leisure, and the consumer will choose to work more hours as a result. As a result, if the income effect dominates the substitution effect and leisure is a normal good, the correct answer is that the hours worked will increase.
For more such questions on income
brainly.com/question/28390284
#SPJ11
which type of loan typically has a lower interest rate?
Anna Prentice has worked for years fixing broken typewriters. She is laid off from her job as fewer and fewer people use typewriters. She is looking for work but cannot find a job in her area of specialty. Which term describes Anna's type of unemployment?
The term that describes Anna's type of unemployment is structural unemployment.
Structural unemployment is a form of long-term unemployment that is caused by a shift in the economy and job market. When a particular sector or industry falls out of favor or is affected by some technological advances, people who have worked in that industry may lose their jobs and find it difficult to transition to another sector or industry.
Structural unemployment occurs when people are out of work for an extended period of time because of changes in the economy. The skills of the unemployed do not meet the requirements of the available jobs, which results in a skills mismatch.
Structural unemployment arises as a result of changes in the economy's structure, as opposed to cyclical unemployment, which arises as a result of changes in the economy's cyclical nature. When the economy is expanding, cyclical unemployment is low, but when it is contracting, cyclical unemployment is high.
Frictional unemployment, on the other hand, arises as a result of people being between jobs or entering the job market for the first time.
Learn more about Structural unemployment https://brainly.com/question/15018508
#SPJ11
When you eat a bacon cheese curd burger with fries served on buffalo wild wings, you'll be consuming nearly 2,000 calories. offering this and other similar dishes may mean restaurant chains will have to make trade-offsfocus on the level of business strategy.a. increase employee resilience.b. food quality.c. positioning itself as a healthy food outlet.
Offering high-calorie meal may mean restaurant chains will have to make trade-offs focus on the level of business strategy positioning itself as a healthy food outlet. (option C)
Offering high-calorie dishes like a bacon cheese curd burger with fries may conflict with a restaurant chain's strategy to position itself as a healthy food outlet. Customers who are health-conscious may be less likely to dine at the restaurant if the menu lacks healthy options or if the restaurant promotes unhealthy dishes.
In this situation, the restaurant chain may need to consider trade-offs and make a strategic decision about how to balance its menu offerings to align with its business strategy. This could involve increasing the focus on healthier food options or improving the quality of existing healthy menu items.
Alternatively, the chain could choose to prioritize other aspects of its business strategy, such as employee resilience, which could involve investing in employee training and development to improve their ability to handle stress and perform their jobs effectively.
However, in this specific scenario, given the high calorie count of the menu item, it is likely that the chain would need to focus on positioning itself as a healthy food outlet to maintain its appeal to health-conscious customers.
Therefore, the correct answer is C) positioning itself as a healthy food outlet
Learn more about business strategy here:
https://brainly.com/question/30433879
#SPJ11
you have an option to throw a die up to two times. you will earn the face value of the die. you are free to stop after each throw and walk away with the money earned. the earnings are not additive. what is the expected payoff of this game?
The expected payoff of this game is 3.5.
To calculate the expected payoff of this game, we need to find the expected value of each throw and then choose the highest expected value between stopping after the first throw or taking the second throw.
The expected value of a single throw of a fair die is (1+2+3+4+5+6)/6 = 3.5.
If we choose to stop after the first throw, the expected payoff is 3.5.
If we choose to roll the die a second time, the expected payoff for the second roll is also 3.5, since the expected value of a single throw is the same for each roll of the die.
To find the overall expected payoff, we need to compare the expected payoff of stopping after the first roll (3.5) to the expected payoff of rolling the die a second time and then stopping (3.5).
Since the expected value of each throw is the same, the expected payoff of the game is simply the average of these two expected payoffs, which is (3.5 + 3.5) / 2 = 3.5.
Therefore, the expected payoff of this game is 3.5.
You can learn more about payoff at
https://brainly.com/question/22717652
#SPJ11
The four general approaches that companies use for employee development include
A. formal education, assessment, job experiences, and interpersonal relationships.
B. job rotation, promotion, transfer, and job sharing.
C. psychological tests, assessment centers, the Myers-Briggs Type Indicator, and performance
feedback.
D. business games, formal courses, team building, and assessment.
E. total quality management, Six Sigma, lean manufacturing, and quality function deployment.
The four general approaches that companies use for employee development include formal education, assessment, job experiences, and interpersonal relationships.
What is employee development?
Employee development is the process of improving the work-related abilities of workers, increasing their employability, and ensuring their ability to achieve their career goals. Employers will use the four general approaches in employee development to train employees to improve their work-related skills and help them achieve their career objectives.
What are the four general approaches that companies use for employee development?
The four general approaches that companies use for employee development include:
Formal education: Companies use formal education to provide workers with the information and expertise they need to do their jobs. The organization may send workers to courses or give them the chance to earn degrees or certifications.
Assessment: Companies use evaluation to identify the skills and information gaps in their workforce. Tests, evaluations, and surveys are examples of evaluation procedures.
Job experiences: Workers can improve their skills by participating in different work experiences. Employers may assign staff to task force committees, new projects, and leadership positions.
Interpersonal relationships: Workers can develop their skills by collaborating with others, particularly experienced workers who have already mastered the skills. Mentoring, coaching, and peer-to-peer learning are examples of interpersonal relationships.The most common methods of employee development are formal education, assessment, job experiences, and interpersonal relationships. In this way, businesses can help employees grow their skills and achieve their career objectives, which will benefit both the employee and the organization.
For more questions on employee development
https://brainly.com/question/12630906
#SPJ11
the next dividend payment by savitz, incorporated, will be $4.55 per share. the dividends are anticipated to maintain a growth rate of 3 percent forever. if the stock currently sells for $58 per share, what is the required return?
The required return for Savitz, Inc.'s stock is 10.29% using the constant growth model formula.
The required return for a stock is the minimum rate of return that an investor expects to earn on their investment in the stock, taking into account the risk involved in the investment. It is the rate of return that compensates investors for the time value of money, inflation, and the risk they are taking by investing in the stock.
To calculate the required return, we can use the constant growth model formula:
R = ([tex]\frac{D1}{PO}[/tex]) + g.D1 is the next dividend payment, which is given as $4.55. P0 is the current stock price, which is given as $58. The growth rate is given as 3%.
Plugging in the values, we get
R = ([tex]\frac{4.55}{58}[/tex]) + 0.03 R = 0.1029, or 10.29%.Therefore, the required return for the stock is 10.29%.
Learn more about the required return https://brainly.com/question/20114045
#SPJ11
The ______________________ principle for determining when income is generated provides taxpayers with an objective measure for valuing the transaction and w. the wherewithal to pay the taxes when cash is involved
The realization principle for determining when income is generated provides taxpayers with an objective measure for valuing the transaction and with the wherewithal to pay the taxes when cash is involved.
The realization principle is a fundamental principle in accounting that determines when revenue or income should be recognized in financial statements. According to this principle, revenue is recognized when it is earned and realized or realizable. In other words, revenue is recognized when goods or services are provided to customers and payment is received or expected to be received.
The realization principle is important for determining the amount of taxes that taxpayers owe on their income. By recognizing income when it is earned and realized or realizable, taxpayers can accurately calculate their taxable income and pay the appropriate amount of taxes. Additionally, by recognizing income when cash is involved, taxpayers have the necessary funds to pay their taxes when they become due.
You can learn more about accounting at
https://brainly.com/question/26690519
#SPJ11
The economies of the new western states were very different from those of the northeastern states in the mid-1800s. One major difference was that western states-relied on subsistence farmingused natural harbors for shippingfocused on mining and agriculturetraded freely with other nations
The economies of the new western states were very different from those of the northeastern states in the mid-1800s. One major difference was that western states: focused on mining and agriculture. option (c)
The western states had abundant natural resources, such as fertile land and mineral deposits, which were utilized for agriculture and mining. This led to the development of industries such as logging, ranching, and mining. In contrast, the northeastern states had a more diversified economy, with industries such as manufacturing, finance, and shipping playing important roles.
While some western states did have access to natural harbors, such as California and Oregon, their economies were not heavily reliant on shipping. Rather, the focus was on extracting and exporting natural resources. Additionally, while subsistence farming was common in some areas, it was not the primary driver of the western economies. Finally, trade with other nations was not a significant part of the western economy in the mid-1800s, as much of the focus was on domestic production and consumption.
Learn more about northeastern states
https://brainly.com/question/3292582
#SPJ4
Full Question: The economies of the new western states were very different from those of the northeastern states in the mid-1800s. One major difference was that western states
A-relied kn subsistence
B-used natural harbors for shipping
C-focused on mining and agriculture
D-traded freely with other nations
Which of the following is true about employee stock options after they have been issued?
a. They have to be revalued every year
b. They have to be revalued every quarter
c. They have to be revalued every day like other derivatives
d. They never have to be revalued
Option D is the correct answer. Employee stock options never have to be revalued after they have been issued.
Stock options are an important part of remuneration packages for top executives and employees at most businesses. Stock options are contracts that enable holders to purchase shares of stock at a predetermined price in the future, allowing employees to share in the company's success.Employee stock options are one form of stock options that companies use to attract and retain top talent. The option grants an employee the right to buy a set number of shares of company stock at a set price during a specified time period, usually ten years. Employee stock options have an expiration date that is determined when they are granted, and they cannot be exercised after that date. The exercise price is the price at which the option holder may buy shares. Employee stock options, once granted, may be exercised any time before the expiration date, regardless of whether the company's stock price has increased or decreased. Employee stock options do not have to be revalued every year, every quarter, or every day. These options are typically valued at their grant date fair value and are not remeasured after they are granted.As a result, they never need to be revalued after they have been granted. So, the correct option is d.
To know more about employee stock option, visit: https://brainly.com/question/14391373
#SPJ11
calculate the quantity of gilden (in feet) that needs to be purchased by month and in total, for the third quarter. 5. calculate the cost of the raw material (gilden) purchases by month and in total, for the third quarter.
To calculate the quantity of gilden (in feet) needed to be purchased by month and in total for the third quarter, you must first calculate the total amount of gilden needed by multiplying the quantity needed per month by the total number of months in the quarter.
This quantity can then be converted into feet by dividing the total number of gilden by the length of one foot.
For example, if you need to purchase 500 gilden each month for three months, the total amount of gilden needed for the quarter would be 1500 gilden.
This could then be converted into feet by dividing 1500 gilden by the length of one foot, which is 12 inches. This means that the total amount of gilden (in feet) needed for the third quarter would be 125 feet.
To calculate the cost of the raw material (gilden) purchases by month and in total for the third quarter, you must multiply the cost per unit of gilden by the total number of gilden needed for the quarter.
For example, if the cost per unit of gilden is $1, and the total number of gilden needed for the quarter is 1500, then the total cost of the gilden purchases for the third quarter would be $1500.
To know more about third quarter click on below link:
https://brainly.com/question/17203348#
#SPJ11
_____ is a type of movement where there is a decrease in the angle between articulating bones.
(a) Flexion
(b) Extension
(c) Gliding
(d) Circumduction
(e) Rotation.
Option A, which is flexion, is the proper choice.
What is Flexion?a bending motion that reduces the angle between the bones of the limb at the joint of the limb (such as the knee or elbow).
Flexion is the stretching of a certain joint, which causes the bones that make up that joint to get closer to one another. The angle between both the bones of the limbs at a joint narrows during flexion. Flexion normally happens as a result of muscles contracting, which causes the bones to shift the surrounding joint into a bent or curled posture. When a component is flexed past the range of motion normally allowed, this is known as hyperflexion. The joint is flexed past the point at which it is safe to do so when it is hyperflexed. This type of erratic movement may lead to
Such violent movement may put the opposition ligaments, tissues, and muscles at risk of injury.
to know more about the flexion visit :
https://brainly.com/question/5858973
#SPJ1
What does the video recommend if you notice a lot of fees appearing on
your statement?
When money is deposited into your account, a credit is recorded on your bank statement. A debit is recorded when money is withdrawn out of a bank account.
To be sure that all of the debits and credits on bank statement are legitimate and there are no unlawful transactions or errors, carefully review each debit and credit. This enables you to recognize any concerns with your money and communicate them to your bank as soon as possible.
According to the video, you should check to see if any fees on your statement seem weird or unlawful if you find a lot of them. You can check the fees and charges listed on your statement to make sure they are all accurate and pertinent to how your account is being used. You should ask your bank for more information if you have any doubts or queries about the fees.
Learn more about “ Bank Statement ” visit here;
https://brainly.com/question/24007779
#SPJ4
complete Question -
ASIC's Money Smart Top Tips on Checking Your Bank Statement Each month your bank will provide a hard copy or electronic version of your bank statement , which should list all of the transactions you’ve had since the last statement date. Watch this video for tips on how to read the statement .
Then, answer the questions
1- Complete the following sentence with either "debit" or "credit": When money is put into your account, it is listed on your statement as a credit When money is taken out of your account, it is listed as debit
2- Why should you look closely at all debits and credits?
3- What does the video recommend if you notice a lot of fees appearing on your statement ? Make sure none are unusual.
Use the following selected information from Carleton Incorporated to determine the Year 1 and Year 2 trend percentages for cost of goods sold using Year 1 as the base. YEAR 1 YEAR 2 Net sales $278,700 $ 231,900Cost of goods sold 151,400 130.000Operating expenses 54,740 52,740Net earnings Year 28,520 20,320Multiple Choice A. 116.4% for Year 2 and 100.0% for Year 1. B. 36.2% for Year 2 and 40.5% for Year 1. C. 65.9% for Year 2 and 64.6% for Year 1 D. 54.3% for Year 2 and 56.1% for Year 1.
The correct answer is B 36.2% for Year 2 and 40.5% for Year 1.
The Year 1 and Year 2 trend percentages for the cost of goods sold using Year 1 as the base are
Percentage change between two years is:
% change = [(year 2 - year 1) / year 1] x 100
Year 1 cost of goods sold = $151,400
Year 2 cost of goods sold = $130,000
Therefore,% change = [(130,000 - 151,400) / 151,400] x 100
% change = (-21,400 / 151,400) x 100
% change = -0.1414 x 100
% change = -14.14%
Therefore, the Year 1 and Year 2 trend percentages for the cost of goods sold using Year 1
Year 1 = 100%
Year 2 = 85.86%
Hence option B is correct at 36.2% for Year 2 and 40.5% for Year 1.
Learn more about % change here:
https://brainly.com/question/1053881
#SPJ11
Consider the competitive market for rhenium. Assume that no matter how many firms operate in the industry, every firm is identical and faces the same marginal cost (MC), average total cost (ATC), and average variable cost (AVC) curves plotted in the following graph. The following graph plots the market demand curve for rhenium. plot the short-run industry supply curve when there are 30 firms. If there were 30 firms in this market, the short-run equilibrium price of rhenium would be per pound. At that price, firms in this industry would . Therefore, in the long run, firms would the rhenium market. Because you know that competitive firms earn economic profit in the long run, you know the long-run equilibrium price must be per pound. From the graph, you can see that this means there will be firms operating in the rhenium industry in long-run equilibrium. True or False: Assuming implicit costs are positive, each of the firms operating in this industry in the long run earns negative accounting profit. True False
The given Statement is - False , because it will earn Positive accounting profit when implicit costs are positive.
Firm will start to produce when price(cost) is equal or above AVC and start to make profit when price (cost) is above ATC.
Supply 10 firms , we will just multiply the quantity by 10 and we will multiply quantity by 20 and 30 for supply 20 and supply 30 firms.
Step: 2
Blank 1 - $40 per pound (where 30 firms supply curve intersected the demand curve)
Blank 2 - produce (because the price is above AVC)
Blank 3 - some firms will exit the market (as they are incurring losses)
Blank 4 - zero [where ATC = MC(price) ]
Blank 5 - $52 per pound
Blank 6 - 10 firms (where supply 10 firms intersects the demand curve at $52)
Zero economic profit also known as normal profits where MC(price) = ATC.
Hence, The given Statement is - False , because it will earn positive accounting profit when implicit costs are positive.
Learn more about Positive accounting here,
https://brainly.com/question/29870900
#SPJ12
Saundra is the CEO of Boat Kingdom, a jet ski manufacturing plant. She is very proud of the quality jet skis her company produces. She wants to include a written warranty that promises to repair any jet ski that incurs damage within the first year after it is purchased, as long as the jet ski is returned to the manufacturer by the consumer. Terryl, the CFO of the company, discourages Saundra from providing any written warranty at all. To comply with the Magnuson-Moss Warranty Act, Saundra: o must provide a written warranty, but it only needs to give the consumer the name and address of the person to contact to obtain warranty service. o need not provide a written warranty. o must provide a written warranty that explains the parts that are covered in the warranty. o must provide a written warranty, and it must be written in simple, understandable language.
Saundra, the CEO of Boat Kingdom, wishes to include a written warranty that promises to repair any jet ski that incurs damage within the first year after it is purchased, as long as the jet ski is returned to the manufacturer by the consumer. Terryl, the CFO of the company, discourages Saundra from providing any written warranty at all. The correct options are a and d.
To comply with the Magnuson-Moss Warranty Act, Saundra must provide a written warranty, and it must be written in simple, understandable language. Magnuson-Moss Warranty Act requires all manufacturers and sellers of consumer goods worth more than $15 to provide a written warranty. In addition, the written warranty must be clear and understandable.
As a result, Saundra must provide a written warranty, and it must be written in simple, understandable language. The Act also mandates that the written warranty specify the items that are covered by the warranty, the period of coverage, and the name and address of the warranty issuer or any person who is authorized to receive warranty service.
The Act requires the seller or manufacturer to fix the consumer's product if it is discovered to be defective during the warranty period. It also implies that the manufacturer or seller must fix the issue without charging the customer anything. It is thus appropriate to ensure that Boat Kingdom writes a warranty that covers all of the necessary items that the Act requires in order to ensure that they do not encounter any legal difficulties.
Therefore, the correct options are a and d.
Learn more about Manufacturing here:-
https://brainly.com/question/13440987
Suppose a $10 tax is placed on a good. The more inelastic the supply of the good, the
- more of the tax will be paid by the sellers.
- smaller the increase in the after-tax price.
- larger the decrease in the quantity sold.
- more of the tax will be paid by the buyers.
Sellers are more likely to pass on more of the tax cost to buyers in the form of a higher after-tax price when supply is inelastic because they are less able to react to tax-induced price drops. As a result, sellers suffer a greater part of the tax burden.
The effects of a tax on a good influence both purchasers and sellers. The after-tax price for purchasers will go up, whilst the after-tax price for sellers would go down. The elasticity of supply and demand determines how much of the tax burden each party will pay. The seller may simply change the quantity given in response to the price reduction when supply is elastic, though. As a result, the seller will be able to charge the purchasers a greater after-tax price while also shifting more of the tax burden to them. The seller's portion of the tax liability is comparatively lower in this situation. Generally, the less elastic the good's supply is. Overall, the more inelastic the supply of the good, the more of the tax burden will be borne by the sellers.
learn more about tax inelastic here:
https://brainly.com/question/13572905
#SPJ4
what is the purpose of liability coverage on a renters insurance policy?
The purpose of liability coverage on a renters insurance policy is to protect the policyholder from financial responsibility for injuries or damages that may occur to other individuals or their properties while they are on the policyholder's rented property.
Liability coverage is a type of insurance that protects the insured individual or organization from financial losses arising from lawsuits. The policyholder is covered for any accidental bodily injury or property damage they might cause to others while on their rented property.
A person may sue a renter for damages they suffered while on their rented property, claiming negligence. A renter's liability coverage will cover the costs associated with defending against lawsuits brought by other parties who are injured or suffer property damage as a result of the renter's actions.
The policyholder's liability coverage on their renters insurance policy will cover legal fees, settlement amounts, and court-awarded damages in the event of a lawsuit. Liability coverage on a renter's insurance policy can also cover any damage the renter causes to someone else's property, such as their landlord's house or car.
Liability coverage protects renters who have a party at their house or apartment, for example, and one of their guests is injured. It also protects renters from lawsuits filed by anyone who is hurt on the rented property's grounds. Liability coverage can also cover the cost of damage to a neighboring apartment or home caused by a renter's negligence or carelessness.
For similar questions on "Liability Coverage" :
https://brainly.com/question/26017692
#SPJ11
which statements below are true regarding permanent and temporary accounts? (check all that apply.) multiple select question. A. temporary accounts have a balance for one period only. B. temporary accounts are reported on the income statement. C. retained earnings is a permanent account, but dividends is a temporary account. D. permanent accounts will appear on a post-closing trial balance. E. permanent accounts are reported on the balance sheet. F. temporary accounts will appear on a post-closing trial balance.
A, D, and E are true regarding permanent and temporary accounts.
Which statements are true regarding permanent and temporary accounts? The statement that is true regarding permanent and temporary accounts are as follows: A. Temporary accounts have a balance for one period only. (True)Temporary accounts are accounts that report revenues, expenses, and dividends paid to shareholders that occur during a single period, such as a quarter or a year. At the end of each period, all temporary accounts must be closed and their balances moved to a permanent account. B. Temporary accounts are reported on the income statement. (True)Temporary accounts are closed at the end of each period, and the net income or loss is transferred to a permanent account such as retained earnings. The income statement is used to report the revenues and expenses of a company. C. Retained earnings is a permanent account, but dividends are a temporary account. (True)Retained earnings is a permanent account that tracks the amount of profit a company has earned and kept since its inception. Dividends, on the other hand, are a temporary account that are closed at the end of each period. D. Permanent accounts will appear on a post-closing trial balance. (True)Permanent accounts are not closed at the end of the accounting period, and their balances are carried over to the following accounting period. The closing entries will not affect permanent accounts. As a result, they appear on a post-closing trial balance. E. Permanent accounts are reported on the balance sheet. (True)Permanent accounts are accounts that are not closed at the end of the accounting period, and their balances are carried over to the following accounting period. The balance sheet is used to report the assets, liabilities, and equity of a company. F. Temporary accounts will appear on a post-closing trial balance. (False)Temporary accounts are closed at the end of each period, and their balances are transferred to a permanent account such as retained earnings. Temporary accounts will not appear on a post-closing trial balance.
for more questions on accounts
https://brainly.com/question/11116094
#SPJ11
Using the AD/AS model, what would be an explanation for observing an increased price level and a decreased real GDP?o wages have increased.o the money supply has decreased.o productivity has increased.o the money supply has increased.
The aggregate demand curve would be shifted to the left by a reduction in the money supply, which would result in a decline in real GDP and the price level.
A fall in the money supply might also result in a reduction in company investment spending, in addition to the aforementioned effects. This is due to the possibility that firms may have a harder time obtaining funding for their investments, which will lead the level of investment to decline. Additionally, as people may be more cautious with their purchasing owing to the unpredictability of the economy, a decline in the money supply might also result in a decline in consumer confidence. The economy's demand for products and services may be further decreased as a result, which would lower prices and real GDP. Overall, the economy may be negatively impacted by a decline in the money supply.
learn more about GDP here:
https://brainly.com/question/30827968
#SPJ4
In order to gain knowledge of a new client's business during the audit planning phase, the auditor may engage in several information gathering activities. Which of the following is not one of those activities?
a. Reviewing the minutes of the stockholder and Board of Directors' meetings.
b. Taking a tour of the client's facilities.
c. Performing inquiries with outside legal counsel to gain understanding of existing lawsuits.
d. Reviewing the client's policies and procedures manual to gather information on the client's accounting processes.
In order to gain knowledge of a new client's business during the audit planning phase, the auditor may engage in several information-gathering activities. The activity that is not one of those activities is performing inquiries with outside legal counsel to gain an understanding of existing lawsuits. Option c is the right choice.
An auditor is a person who reviews and verifies a company's financial statements to ensure that they are free of material errors and that they have been prepared in compliance with accounting standards.
Information gathering is a method of collecting data or information related to a particular subject or topic. Data collection can be done through a variety of techniques, such as interviews, questionnaires, or research.
The activity that is not one of the information-gathering activities is performing inquiries with outside legal counsel to gain an understanding of existing lawsuits. However, reviewing the minutes of the stockholder and Board of Directors meetings, taking a tour of the client's facilities, and reviewing the client's policies and procedures manual to gather information on the client's accounting processes are all valid information-gathering activities that an auditor can do. to plan auditing in a better way.
Learn more about auditor at:
https://brainly.com/question/24317218
#SPJ11
a 10-year 5.0% coupon bond was issued 2 year(s) ago. similarly risky bonds are yielding 6.1%. assume semi-annual coupon payments. the bond's price should be $ .
The face value of bond = $100. The coupon rate is 5% for semi-annual coupon payments. The bond is issued 2 years ago. We have to calculate the price of the bond if similarly risky bonds are yielding 6.1%. The price of the bond is $88.51.
We know that, the bond price is the sum of the present value of all the future cash flows (coupon payments and principal amount).Let us calculate the present value of each cash flow:
First, let's calculate the coupon payments. Coupon payment = Coupon rate * Face value / 2= 5% * $100 / 2= $2.5. Discount rate = Yield / 2 (As the payments are semi-annually and yield is given as annual). We are given the bond yield is 6.1% which is annual and thus we can calculate the semi-annual yield as follows:
Semi-annual yield = 6.1% / 2= 3.05%. Discount rate = 3.05%. Using the above data, we can calculate the present value of each coupon payment for 4 semi-annual periods. The bond is 2 years old and thus we will have 4 semi-annual periods:Present value of 1st coupon payment = $2.5 / (1+3.05%)¹ = $2.42. Present value of 2nd coupon payment = $2.5 / (1+3.05%)² = $2.34. Present value of 3rd coupon payment = $2.5 / (1+3.05%)³ = $2.25. Present value of 4th coupon payment = $2.5 / (1+3.05%)⁴ = $2.17. Now, let's calculate the present value of the principal amount which will be received at the end of the bond's maturity:Present value of principal amount = Face value / (1+3.05%)⁴= $100 / (1+3.05%)⁴= $79.33.
Now, let's add the present value of all the cash flows to calculate the bond price:Bond price = $2.42 + $2.34 + $2.25 + $2.17 + $79.33= $88.51.
For more questions on bonds
https://brainly.com/question/8879117
#SPJ11
