Geodemographic market segmentation is a sort of market segmentation that groups people based on lifestyle and demographics by zip codes or neighborhood units. It creates a foundation for micromarketing. This type of segmentation is used by financial services to offer financial goods to customers in various income groups.
In addition to providing many of the same advantages as demographic, psychographic, or behavioral segmentation, geographic segmentation is also simpler and less expensive to implement.
Based on demographic and lifestyle data, geodemographic segmentation groups people by zip codes or neighborhood units. Marketing professionals can use geodemographic segmentation to conduct micromarketing.
The rest of the question may receive a variety of responses from students. For instance, providers of financial and healthcare services may seek to employ geodemographic segmentation. For instance, an area with a high concentration of senior folks living on fixed incomes would require specific health care services. Another made up of well-off professionals could be a suitable market for specific financial services.
To know more about geodemographic segmentation, refer:
https://brainly.com/question/15129467
#SPJ4
Suppose a market is initially perfectly competitive with many firms selling an identical product. Over time, however, suppose the merging of firms results in the market being served by only three or four firms selling this same product. As a result, we would expect
a decrease in market output and an increase in the price of the product
The merging of firms results in the market being served by only three or four firms selling this same product would lead to a decrease in market output and an increase in the price of the product. This is oligopoly
Initially if it is perfectly competitive it is almost impossible for other firms to enter. Now as it is said that if they do enter and they ultimately sell the same product they don't have any control on the price of the product. This is sometimes known as oligopoly, and they try to replace the product with close substitutes.
Oligopoly- An oligopoly is a market structure in which a small number of large sellers or producers dominate a market or industry. Oligopolies are frequently the result of a desire to maximize profits, which can lead to collusion among companies.
For more information on oligopoly visit:
https://brainly.com/question/13635083
#SPJ4
You and your friends want to rent a cabin over the summer. There is a $500 reservation fee in addition to the $150 per night cost. What is the rate the owner is charging you?.
The rate that you and your friends need to pay to the owner with $500 reservation fee in addition to the $150 / night cost is $650.
What is reservation fee?Reservation money is a total amount of money that being charged up front by hotels for booking their room. The term of reservation fee is similar to a security deposit fee where usually hotels will ask us to pay certain amount of money during check-in (you can leave cash at the receptionist or pay by card and later on the hotel will return into your card balance). It also means that the reservation fee is needed to secure a transaction from the buyer. Although usually it will be refundable if the buyer doesn't pass the time limit for the reservation fee.
Based from the question, there is a $500 reservation fee in addition to the $150 / night cost.
So basically, the rate that the owner will charge you is :
= $500 + $150
= $650
Therefore, you have to pay $650 per night to rent the cabin over the summer.
Learn more about rent https://brainly.com/question/22333666
#SPJ4
if the market doesn't look so great, but we are awesome in creating products of this sort, the key question is whether we can develop a market. which of the following would we not need to invest in for this strategy? hiring new people market research advertising possible product modifications
Testing and Concept Development Marketing strives to have the most precise and thorough product concept in order to receive the most accurate responses from target customers.
These responses can subsequently be utilized to guide the development of the final product, the marketing strategy, and the financial analysis. The four most popular methods of market customersresearch are surveys, interviews, focus groups, and customer observation. A corporation can forecast a product's reception by doing marketing research to identify probable product inquiries, problems, and challenges. These insights help to improve the design of a product and a better sales and marketing strategy that will more likely be accepted by the intended market.
To learn more about marketing, click here.
https://brainly.com/question/13414268
#SPJ1
A backpack is normally $64. 99, but on sale, it is marked down to $45. 49. What percent off is the sale price?.
A backpack is normally $64. 99, but on sale, it is marked down to $45. 49. The percent off on the sale price is 30%.
A backpack in its simplest form is a canvas bag that is strapped on the back and secured with two shoulder straps, but it can have an outer frame and an inner frame and also include a storage bag.
Backpacks are commonly used by hikers and students and are generally preferred over handbags for carrying heavy objects or carrying any kind of equipment due to limited ability to carry heavy objects for long periods of time. on hand. Large backpacks, used to carry items weighing more than 10 kg, as well as smaller sport backpacks, typically drop most of their weight on padded hip belts, leaving the straps mostly alone. shoulder to stabilize the load.
To know more about Backpack here-
https://brainly.com/question/14743547
#SPJ4
On January 1, Gemstone Company obtained a $165,000, 10-year, 7 % installment note from Guarantee Bank. The note requires annual payments of $23,492, with the first payment occurring on the last day of the fiscal year. The first payment consists of interest of $11,550 and principal repayment of $11,942. The journal entry to record the payment of the first annual amount due on the note would include a A. debit to interest expense for $23,492 B. debit to notes payable for $11,942 C. credit to interest payable for $11,550 D. debit to cash for $11,942
On January 1, Gemstone Company obtained a $165,000, 10-year, 7 % installment note from Guarantee Bank. The note requires annual payments of $23,492, with the first payment occurring on the last day of the fiscal year.
The first payment consists of interest of $11,550 and principal repayment of $11,942. The journal entry to record the payment of the first annual amount due on the note would include a debit to notes payable for $11,942.
What is fiscal year?
A fiscal year is a twelve month accounting period wherein a business uses for financial and tax reporting purposes. A fiscal year is also known as financial year. A fiscal year can be different to a calendar year, it does not need to start on January 1 and end on December 31.
What is an example of a fiscal year?
Fiscal Year 2023 runs from July 1, 2022 till June 30, 2023. Every fiscal year further broken down into segments called "fiscal periods."
Learn more about fiscal year here:- https://brainly.com/question/830210
#SPJ4
FILL IN THE BLANK. The job of managing salary and benefits provided to each employee and confirming that the proper benefits are disbursed to new and current employees falls under the ____ department.
The job of managing salary and benefits provided to each employee and confirming that the proper benefits are disbursed to new and current employees falls under the Individual department.
In the case when the managing of the jobs and the benefits provided to each and every employee and confirm that the proper benefits are being distributed or allocated to new and current employees that fall under the individual department as the benefits are provided on an individual basis.
The job of managing salary and benefits provided to each employee and confirming that the proper benefits are disbursed to new and current employees falls under the Individual department.
To know more about Individual department visit: https://brainly.com/question/20349522
#SPJ4
on january 1, 2021, truesdale, incorporated, purchased a piece of machinery for use in operations. the total acquisition cost was $33,000. the machine was expected to produce a total of 60,000 units during its life. the machine actually produced 16,000 units during 2021, 23,000 units during 2022, and 21,000 units during 2023. the machine has a salvage value of $3,000. using the units-of-production method, the amount of depreciation that should be recorded during 2022, is approximately
The amount of depreciation that should be recorded during 2022, is approximately $11500.
How to calculate depreciation? There are numerous methods for depreciating assets for your books or financial statements, however the amount of depreciation expenditure reported on your books or financial statements could differ from the tax deduction you claim. Because of this, some small firms prefer to use one way for their books and another for their taxes, while others opt to make things straightforward by utilizing the tax technique of depreciation for their books.The straight-line technique is the most typical (and easiest) way to depreciate a fixed asset. This distributes the value equally across the asset's useful life. Direct line (Cost of an Asset - Residual Value)/Useful Life of an Asset is the depreciation method. Unit of Product Method: Useful life expressed as Units Produced/(Cost of an Asset - Salvage Value)Learn more about depreciation refer to :
https://brainly.com/question/29516731
#SPJ4
an employee's resignation must be the foreseeable result of an employer's discriminatory action to support a showing of constructive discharge. True or False
An employee's resignation must be the foreseeable result of an employer's discriminatory action to support a showing of constructive discharge is True.
In employment law, constructive dismissal also called constructive discharge occurs when an employment resigns as a result of the employer creating a hostile work environment.
The constructive discharge was not truly voluntary it is in effect a termination. Example, when an employee quits their job instead of being terminated.
To know more about constructive discharge here,
https://brainly.com/question/9879146
#SPJ4
Refer to the above information. Assuming the U.S. dollar is the functional currency, what is Polaris's remeasurement gain (loss) for 20X8? (Assume the ending inventory was acquired on December 31, 20X8.)
A) $31,000 gain
B) $36,500 loss
C) $22,000 gain
D) $32,000 gain
The U.S. dollar is the functional currency, what is Polaris's remeasurement gain C) $22,000 gain
Searle Corporation
Translated Income Statement
For the Year Ended December 31, 20X5
Sales revenue $ 936,000
Expenses:
Cost of goods sold ( 343,200 )
Depreciation expense ( 11,700 )
Other expenses ( 171,600 )
Net income $ 409,500
In bookkeeping, accounting, and financial accounting, net sales are operating revenues earned by a company for selling its products or rendering its services.
Also referred to as revenue, they are reported directly on the income statement as Sales or Net sales
Learn more about Net sales https://brainly.com/question/2796674
#SPJ4
classify each event as to whether it will increase or decrease the trade deficit. only pay attention to the direct effect of each event, and assume that nothing else changes. if an event will have no significant effect on the trade deficit, leave it unclassified.\
The events classified according to whether or not they will increase the trade deficit are given as follows:
Increase Trade Deficit:
Domestic Tax Collected IncreasesDomestic consumption of foreign goods increasesDomestic government spending decreasesDecrease Trade Deficit:
Domestic investment increases faster than domestic savingsDomestic consumer savings increasesWhat is a trade deficit?The difference in the monetary value of a country's exports and imports during a given time period is known as the balance of trade, commercial balance, or net exports. A difference is often drawn between a trade balance for products and one for services.
A trade imbalance occurs when a country imports more than it exports. A country that has a trade surplus is one that exports more than it imports. The United States has bilateral trade deficits with certain trading partners and surpluses with others, but it has a $678.7 billion trade deficit in 2020.
Learn more about trade deficit:
https://brainly.com/question/25313034
#SPJ1
is a technique that diagrams the current level of performance, the hindering factors against change, and the driving factors toward change.
A survey feedback technique shows the current performance level, the barriers to change, and the motivating elements for change.
Why is performance so important?Performance Management Improves Engagement and Efficiency. Actively participating employees remain sooner and produce better results at their jobs. To increase output and maximize return on capital, employee engagement must rise.
What performance goals means?Defining an performance goal as a goal level of performance that is articulated as a concrete, quantifiable objective that can be used to measure actual success is important. the level the effort (accuracy, thoroughness, competence) Workload (productivity level, ability to manage time, and deadline-meeting skills) and job knowledge (skills and comprehension of the work).
To know more about performance visit:
brainly.com/question/15561645
#SPJ4
the size of the divergence between fifo cost of goods sold and replacement cost of goods sold depends on the rapidity of the inventory turnover and the:
The severity of input cost fluctuations and the speed of physical inventory turnover determine how much the FIFO cost of goods sold and the replacement cost of goods sold diverge. 64.
Cost of goods sold is overstated when closing inventory is overstated. The acronym FIFO means "First-In, First-Out." It is a technique used in the computation of cost of goods sold to support cost flow assumptions. The FIFO cost approach is predicated on the idea that the oldest items in an organization's inventory have already been sold. The computation is based on the prices paid for those the earliest products.
To learn more about FIFO, click here.
https://brainly.com/question/17236535
#SPJ4
the financial crisis of 2008 demonstrated that activities such as trading in financial futures and interest rate swaps have low risk. group starts
It is false that financial crisis of 2008 demonstrated that the activities such as trading in the financial futures and interest rate swaps have a low risk.
What is financial crisis?Financial crises are any of a wide range of events where certain financial assets unexpectedly lose a sizable portion of their nominal value. Banking panics were a common cause of financial crises in the 19th and early 20th centuries, and these panics frequently resulted in recessions. Stock market crashes, the deflation of other financial bubbles, currency crises, and sovereign defaults are further events that are frequently referred to as financial crises. While there is a direct loss of wealth on paper as a result of financial crises, there aren't always noticeable changes in the real economy. Many economists have put forth hypotheses regarding how financial crises arise and how they might be stopped. But there is no agreement, and financial crises still happen occasionally.
To learn more about financial crisis, visit:
https://brainly.com/question/18894846
#SPJ4
the origins and legacies of the market revolution. what kind of nation did the united states become during this period that made the exercise and jump in free market capitalism so grandiose?
The 1820s and 1830s saw the Market Revolution in the United States, a time when the country's economy and society transitioned from moral economies to a capitalist system.
What was Market Revolution?The Market Revolution in the United States in the 19th century is a historical concept that contends that there was a significant economic revolution that confused and coordinated all areas of market economy in accordance with both nations and rest of globe. The Market Revolution was seen as a very unfavorable development that symbolized capitalism's victory over democracy, according to eminent historian Charles Grier Sellers (1927–2021). The development of transportation and communication rendered traditional commerce obsolete. The mercantilist ideologies that were supposed to be extinct were revived as a result of this transformation. The Market Revolution, which emerged from the Industrial Revolution, was significantly influenced by increased industrialization.
To learn more about Market Revolution, visit:
https://brainly.com/question/29451295
#SPJ4
What is the main reason most entrepreneurs take that risk?.
Business leaders recognise that taking risks comes with opportunities and innovation. If you refuse to acknowledge the possibility that your endeavour can fail, they are aware that it cannot happen.
What is the main risk for an entrepreneur?Numerous risks, including insolvency, financial risk, competitive risk, environmental risk, reputational risk, and political and economic risk, are faced by entrepreneurs. Entrepreneurs must make sensible financial plans and demonstrate to investors that they are thinking about risks by developing a practical company strategy.In the early stages of starting a business, spending time with family and friends can be difficult for entrepreneurs because there is no guarantee of success or a guaranteed monthly income. An entrepreneur will need funds to launch a business either in the form of loans from investors, their own savings, or funds from family. The founder will have to put their own "skin in the game."To learn more about entrepreneur refer:
https://brainly.com/question/353543
#SPJ4
The factors that lead to a low-cost position also provide a substantial ____ barriers position with respect to _______ products introduced by new and existing competitors.
A. entry; substitute
B. exit; primary
C. product; substitute
D. entry; primary
A
The factors that lead to a low-cost position also provide a substantial entry barriers position with respect to substitute products introduced by new and existing competitors.
A term used in economics and business to describe variables that can deter or make it difficult for newcomers to enter a market or industry sector and so limit competition is "barriers to entry." These might include prohibitive startup fees, bureaucratic roadblocks, or other barriers that make it difficult for new rivals to enter a market. Existing businesses win from entrance barriers because they preserve their market share and capacity to make money.
Special tax incentives for existing businesses, patent protections, strong brand recognition, devoted consumers, and high switching costs are a few examples of common entrance barriers. The requirement for new businesses to get licenses or regulatory clearance prior to operation is another barrier.
Learn more about substitute products https://brainly.com/question/9110991
#SPJ4
location (x, y) a 7, 2 b 4, 7 c 5, 5 d 6, 2 e 8, 4 if the amount of fabric shipped to each plant is equal, what is the optimal location for the fabric plant?
In this particular problem where location (x, y) a 7, 2 b 4, 7 c 5, 5 d 6, 2 e 8, 4. The 6,4. average the values for x and y is the optimal location for the fabric plant.
What are fabrics and how it is made?
The definition of a fabric is a material used to make garments that is created by weaving or knitting yarn. They are created from extremely small, thread-like fibres. A yarn is created by twisting these fibres.
The type of fiber used and the treatment given to it determine the properties of a fabric. There are numerous varieties of materials, including denim, rayon, linen, satin, and cotton voile.
Fabrics are created by weaving and knitting various numbers of tightly twisted threads, which are then allowed to rotate on various sorts of rollers.
The fabrics are finally created. In the textile industry, these materials are chemically treated to create various types of garment materials, such as cotton fabrics.
To learn more about fabrics
https://brainly.com/question/20727243
#SP J4
alicia is currently spending $6,000 per week on total variable costs to produce 500 hats. to produce 505 hats per week she would have to spend $6,100 per week. the marginal cost per hat is .
For the time being, Alicia is spending $6,000 per week on variable costs to make 500 hats. Currently, Alicia spends $6,000 every week on variable costs in order to make 500 hats.
She would have to spend in order to manufacture 505 hats each week. A fixed input is a cost that is independent of the volume of output produced. Marginal cost is the variation in total cost caused by producing one additional unit of output. In general, short-term capital costs are fixed. Long-term costs are all erratic. Since the marginal product for each extra worker is rising, total variable costs rise as production rises but at a decreasing pace.
To learn more marginal cost from given
https://brainly.com/question/29232552
#SPJ4
corporate profits reinvested in the business are called retained earnings. question 38 options: true false
Retained earnings, also known as accumulated earnings, are profits that have been put back into the company rather than distributed as dividends. The sum of all post-tax income kept or reinvested over the course of the business is represented by the number.
Are profits reinvested from retained earnings?Retained earnings are the term used to describe corporate profits that are reinvested in the business.
Retained earnings are the portion of a company's profit that is invested back into the company rather than being paid out as dividends to shareholders and investors. Each accounting period's balance sheet contains information about them.
To know more profits visit:
https://brainly.com/question/15036999
#SPJ4
A practice in which eavesdroppers drive by buildings or park outside and try to intercept wireless network traffic is referred to as "war driving". Explain how someone could use technology to intercept a wireless network. How could potential victims protect themselves again such an offense?
The practice of "wardriving" involves a hacker driving around and using technology to find insecure wireless networks, possibly including ones in your house.
How could potential victims protect themselves again such an offence?The hacker could have access to that network, obtain private information, steal identities, or carry out other nefarious deeds. Are you in danger? It partly relies on how secure your home network is. It makes sense to take precautions against wardrivers for your network, devices, and data.
Wardriving is the process of using hardware and software to find unsecured wireless networks with the goal of potentially gaining access to them. To crack passwords and decode networks, software programs are required. A mobile device like a wireless laptop, a GPS system, and a wireless network are examples of hardware.
Learn more about wardriving, here:
https://brainly.com/question/13697151
#SPJ1
recording and reporting current liabilities (ap9-1) vigeland company completed the following transactions during year 1. vigeland fiscal year ends on december 31. jan. 15 purchased and paid for merchandise. the invoice amount was $26,500; assume a perpetual inventory system. apr. 1 borrowed $700,000 from summit bank for general use; signed a 10-month, 6 percent annual interest-bearing note for the money. june 14 received a $15,000 customer deposit for services to be performed in the future. july 15 performed $3,750 of the services paid for on june 14. dec. 12 received electric bill for $27,860. vigeland plans to pay the bill in early january. 31 determined wages of $15,000 were earned but not yet paid on december 31 (disregard payroll taxes). required: prepare journal entries for each of these transactions. prepare all adjusting entries required on december 31. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
The first stage of the accounting cycle is the recording of the journal entries. It keeps track of all financial transactions in time order. These journal entries utilise a double-entry bookkeeping method to give each business transaction a dual impact.
These entries are also used to submit each account individually to the general ledger.Therefore, you can find the journal entry attachment below.
A journal entry is a record of a business's financial transactions kept in its accounting books. An accurate date, the sums to be debited and credited, a description of the transaction, and a special reference number are all components of a properly documented journal entry.Journal entries can be classified as either complex, adjusting, or reversing.
Learn more about journal entries:
https://brainly.com/question/14279491
#SPJ4
What is the best definition of marginal revenue the possible income from producing an additional item the price of producing one additional unit of A?.
The increase in revenue that happens as a result of selling one more unit of output is known as marginal revenue.
How to Calculate Marginal Revenue?Marginal revenue is calculated by a corporation by dividing the change in total revenue by the change in total output volume. The measurements should ideally change to reflect the transition from one quantity to the following one when it becomes available. To calculate the average marginal revenue over a number of units, the formula above can still be utilized (i.e. the difference between the 100th and 115th unit sold).Marginal revenue can be calculated using the following formula:Marginal Sales MR = Amount Variation / Revenue Variation
MR= ΔTR / ΔQ
As an illustration, a business might sell its first 100 products for a total of $1,000. The marginal revenue of the 101st item is $8 if it sells the following item for $8. Because it only considers incremental change, marginal revenue ignores the prior average price of $10. The marginal revenue for units 101 through 115, or $6.67 per unit, is $100 if it sells a total of 115 units for $1,100.To Learn more About marginal revenue refer To:
https://brainly.com/question/13444663
#SPJ4
the four distinguishing features of a team are synergy, trust and collaboration, mutual accountability and
All groups member should have common goals. it's self-directing, autonomous, and self-managing. it's an individual and mutual responsibility. it's a unified commitment to goal action.
The first characteristic feature of a team is that the individual member's square measure totally committed to a standard goal and approach. Often, they've developed this approach themselves. The members ought to agree that the team's goal is worth it and have a need to attain it.
Each individual is equally liable for the underperformance and failure of the team. A team could be a cooperative cluster whose members move with one another toward the accomplishment of special objectives.
To learn more about self-managing, visit here
https://brainly.com/question/13368948
#SPJ4
What is the income remaining for a person to spend or save after all taxes have been paid?.
The income remaining for a person to spend or save after all taxes have been paid known as disposable income.
What is Disposable Personal Income? after-tax earnings. The amount of money that Americans have left over after paying taxes matters to the entire economy, not just to individuals. Personal income less personal current taxes is the formula.The amount of money left over for an individual or family to spend or save after income taxes are taken out is known as disposable income. Savings are the funds that remain after consumer expenditure is deducted from disposable income. Find out more about money market accounts, CDs, and high-yield savings.To learn more about Disposable income refer,
https://brainly.com/question/29388882
#SPJ4
. when performing the crossed-aldol reaction, it is very important to control the stoichiometry of the reaction. referring to the reaction in
The ketone is added in a drop-wise fashion to a stirring solution of the aldehyde in ethanolic NaOH.
Refer to the reactions below to show the structures of the products formed when all the ketones are added at once to the basic reaction solution. Suppose the product dehydrates naturally. The mechanism of intramolecular aldol reactions involves the formation of a key enolate intermediate followed by an intramolecular nucleophilic addition process.
Aldol condensation occurs with α-hydrogens and aldehydes containing dilute bases to produce β-hydroxy aldehydes called aldols. This reaction is most commonly known as aldol condensation. When a condensation reaction occurs between two different carbonyl compounds it is called a crossed aldol condensation.
Learn more about The reaction here:-https://brainly.com/question/11231920
#SPJ4
which of the following criteria must be met for a contract modification to be considered a new, separate contract? multiple select question. the modification is in excess of $5,000. the increase in the contract price reflects the stand-alone selling price of the additional goods or services. the modification adds distinct goods or services to the agreement. the modification of the contract extends the timing of the deliverables.
The modification adds distinct goods or services to the agreement and the increase in the contract price reflects the stand-alone selling price of the additional goods and services.
What is a Contract Price?The cost of the products or services promised in the contract is the contract price. The agreed upon price aids in establishing the potential existence of a contract. If the contract price is not specified in writing, the court may rule in a legal dispute that there was no contract.
This phrase is frequently employed in tax law to determine how much gain was achieved from an installment sale. This is the selling price less any mortgage debt that the buyer absorbs, any liens that were obtained for the seller's equity, and any other debts. The phrase "contract price" can also refer to a contract amount.
To know more about contract price, visit:
brainly.com/question/19594759
#SPJ4
informational reports provide summaries and describe recurring activities as well as situational, nonrecurring events. they deliver information to neutral or receptive readers. even though they are generally conversational and informal, you should apply the lessons you have learned about the clarity and conciseness of effective writing to short informational reports as well. informational reports
Even though all reports contain information, the goal of informational reports is to provide that information in a structured, impartial manner that is devoid of interpretation or recommendations—in other words, to report the facts. After that, the writer is supposed to provide a summary of the data.
What is Informational reports?" Although all reports contain information, informational reports are designed to deliver material in a structured, impartial manner without interpretation or recommendations; in other words, to report the facts. The information offered can be used independently or as the foundation for a choice. As a result, the information provided needs to be precise, thorough, and pertinent. Informal memos and letters make up the majority of informational reports. A company's template, which specifies what must be included and in what sequence, may be used to generate some informational reports. The most straightforward type of report to create are these highly specialized Informational Reports. However, you might need to choose the format and the content if there isn't a standard format.To Learn more About informational reports refer to:
https://brainly.com/question/26487403
#SPJ4
gina believes that by making small improvements all the time, she will move her company towards tqm. which of the tqm techniques is she using?
She is using constant improvement TQM techniques.
Total quality management (TQM's) fundamental definition enumerates a management strategy for long-term success via customer satisfaction.
In a TQM initiative, every employee of a firm takes part in enhancing their workplace's processes, goods, and services.
TQM can be summed up as a management framework for a client-centered business that incorporates all staff members in ongoing development.
To incorporate the quality discipline into the company's culture and activities, it makes use of strategy, data, and effective communications.
The new quality management systems that replaced TQM contain many of these ideas.
Constant improvement: TQM emphasizes continuous process improvement heavily. To find ways to boost its competitiveness and efficiency, a company must be analytical and inventive.
To know more about management, visit:
https://brainly.com/question/1276995
#SPJ4
Item 19 a company purchased an asset for $3,900,000 that will be used in a 3-year project. The asset is in the 3-year macrs class. The depreciation percentage each year is 33. 33 percent, 44. 45 percent, and 14. 81 percent, respectively. What is the book value of the equipment at the end of the project?
The book value of the equipment at the end of the project is $3899907
What is meant by book value ?The book value of a company is the sum of its total assets minus its total liabilities. Book value represents the total worth of a company's assets that shareholders would receive if the company were to be liquidated.
You may get a good understanding of the company's financial worth from its book value. It displays the amount you would be entitled to in the event of a company's collapse. A company's stock price is undervalued if its book value is greater than its market value. This is a fundamental principle of value investing.
Book value = $3,900,000 − (33.33 + 44.45 + 14.81)
Book value = $3899907
The book value of the equipment at the end of the project is $3899907
To learn more about book value refer to:
https://brainly.com/question/23057744
#SPJ4
in your opinion, are you in favor of a free-market economy, or in favor giving government a large regulatory role? (or even placing the economy entirely under government control). consider issues such as economic productivity, economic inequality, and the extent of corporate welfare.in your opinion, are you in favor of a free-market economy, or in favor giving government a large regulatory role? (or even placing the economy entirely under government control). consider issues such as economic productivity, economic inequality, and the extent of corporate welfare.
The ideal economic setup combines a free market with some form of governmental regulation. There are some profit-oriented private business players there.
Which kind of economy has the most governmental control?Government control over the economy is most pronounced in a command economy.An economic system known as a command economy is one in which the government has authority over the manufacturing and setting of prices for products and services. A command economy, often known as a planned economy, is one in which the government determines which commodities and services to produce, how they will be produced and distributed, as well as their pricing. The central planner is the government.Because it is somewhat governed by the government and partially reliant on the dynamics of supply and demand, a mixed economic system combines elements of both a command and a free-market system.Nowadays, the majority of the world's major economies are mixed economies, which combine socialism and capitalism. In most mixed economies, governments use fiscal or monetary policies to boost growth during economic downturns.Learn more about command economy refer to :
https://brainly.com/question/26262298
#SPJ4
