The average total cost of production of a variety of items is the topic of economies of scope. Economies of scale, on the other hand, concentrate on the resulting cost advantage.
What is cost advantage?A business has a cost advantage when it can produce a good or offer a service for less money than its rivals. These businesses produce more in greater quantities and gain from one or more of the following factors: low-cost raw material access, effective processes and technologies, low distribution and sales costs, effectively managed operations.
The other two are offer advantage (adding value to a good or service through special features) and niche advantage. Cost advantage is one of the three ways a business can develop a competitive advantage. An organization is in a good position to increase market share and profitability if it excels in at least one of these areas while remaining competitive in the other two.
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suppose that you deposit $8,000 in your bank and the required reserve ratio is 15 percent. the maximum loan your bank can make as a direct result of your deposit is:
Find the total amount of deposits. Examine all of the reserves. The reserve ratio is calculated by dividing the reserves by the total deposits.
To more readily grasp the idea, consider a nation where the national bank forces a 15% hold prerequisite.1/15 is the reserve ratio; It means that the bank can lend $0.85 out of every $1 deposit. As a result, if a bank has $200 million in deposits, it can lend $170 million.
What is the current CRR ratio and CRR?The portion of a bank's total deposit that must be held as liquid cash reserves by the Reserve Bank of India (RBI) is known as the Cash Reserve Ratio (CRR).Learn more about SLR and Repo Rate by clicking here. The cash reserve ratio, which stands at 4% at the moment, will rise to 4.5 percent on May 21.
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assume that simple company had credit sales of $245,000 and cost of goods sold of $145,000 for the period. simple uses the aging method and estimates that the appropriate ending balance in the allowance for doubtful accounts is $2,500. before the end-of-period adjustment is made, the allowance for doubtful accounts has a credit balance of $200. required: what amount of bad debt expense would the company record as an end-of-period adjustment?
The corporation would record the $2,300 bad debt expense as an end-of-period adjustment.
What are bad debt costs?
A bad debt expense is recognized when a receivable is no longer collectible as a result of a customer's inability to pay an outstanding debt due to bankruptcy or other financial troubles. Credit-granting businesses include bad debts in their allowance for doubtful accounts, also known as a provision for credit losses, on their balance sheet.
Bad debt costs are typically listed on the income statement as sales and general administrative expenditures. When bad debts are recognized, accounts receivable on the balance sheet are decreased, but businesses still have the opportunity to collect money if the circumstance changes.
Calculation:
According to the scenario, computation for the given data is as follows:
Ending balance in Allowance for doubtful accounts = $2,500
Credit balance in Allowance for doubtful accounts = $200
Bad debt expense then equals the final total - Credit standing
= $2,500 - $200
= $2,300
So, the Journal entry is as follows:
Bad debt Expense A/c Dr. $2,300
To Allowance for doubtful A/c $2,300
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computer wholesalers restores and resells notebook computers. it originally acquires the notebook computers from corporations upgrading their computer systems, and it backs each notebook it sells with a 90-day warranty against defects. based on previous experience, computer wholesalers expects warranty costs to be approximately 4% of sales. sales for the month of december are $550,000. actual warranty expenditures in january of the following year were $20,500. required: 1. does this situation represent a contingent liability? 2.
Yes, warranty expense is a contingent liability for the computer wholesalers
Contingent Liability refers to an account being used to anticipate any future cash spending of a firm for a certain expense, the amount of which is easily determinable. Some transactions that fall under this category are Losses from lawsuits, Warranty Repairs, etc.
Yes, a Warranty Expense and Liability account is generally recognized immediately following a sales transaction.
Warranty Expense A/C.......Dr.$22,000
Warranty Liability A/C.....Cr $22,000
To record a contingent liability on warranty repairs
($550,000 x 4%)
Warrant Liability, beginning $22,000
less: Actual Expenditures in January (20,500)
Warranty Liability, ending $1,500
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A retirement or abandonment of an asset is different from a sale of an asset because?.
A retirement or abandonment of an asset is different from a sale of an asset since a loss must be recognized for the remaining book value.
When a durable asset stops being used, it is regarded as having been disposed of. A retired or abandoned asset loses value by the carrying amount that applied at the time of retirement or abandonment. The asset's carrying value is then reduced by the resulting loss. An asset's retirement or abandonment differs from its sale in that no money is exchanged.
The remaining book value requires a loss to be recorded. When an asset is permanently withdrawn from service, it is counted as retired. Asset retirement might happen via procedures like a sale to a different party or disposal because of obsolescence.
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zinc has beginning equity of $295,000, total revenues of $95,000, and total expenses of $59,000. the company has no other transactions impacting equity. its ending equity is:
Zinc has beginning equity of $295,000, total revenues of $95,000, and total expenses of $59,000. The company has no other transactions impacting equity. Its ending equity is $3,31,000.
Given Beginning equity = $295,000
Total revenue = $95,000
Total expenses = $59,000
Ending equity is calculated by subtracting total liabilities from total assets.
Hence, Ending equity = $295,000 + $95,000 - $59,000
= $3,31,000
The net difference between a company's entire assets and its total liabilities is known as a company's equity, or shareholders' equity. In fundamental analysis, a company's equity is used to calculate its net worth.
Shareholders' equity, or the sum of money left over for shareholders after all debts and assets have been paid off, is a measure of a company's net worth.
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sunland corporation currently manufactures a subassembly for its main product. the costs per unit are as follows: direct materials direct labor variable overhead fixed overhead total $4 sunland should 13 8 11 $36 funkhouser company has contacted sunland with an offer to sell it 5,000 of the subassemblies for $29 each. if sunland buys the subassemblies, $5 of the fixed overhead per unit will be allocated to other products. should sunland make or buy the subassemblies? to save $ per unit. redo reload
Sunland should buy the 17 sub-assemblies.
What is an assembly?A demoscene and gaming event in Finland is called The Assembly demoparty. The party for the demoscene is the biggest. Pekka Aakko (Pehu of Accession) and Jussi Laakkonen are the event's principal organizers (Abyss of Future Crew). The Winter event is held in January or February, and the Summer event is held every year between late July and early august. Edition 2020 was available online. From April 1–3, 2022, Messukeskus in Helsinki hosted the most recent Assembly. Early in 2007, Assembly Winter became official. The summer events, known as Assembly Summer, carry on the traditions of the original demoparty, whilst the winter party is more of a gaming-focused LAN party type event.
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who is a consumer? who is a customer? who is a buyer? as a student, are you a consumer, customer or buyer? what a three-year old child be? what an ill person not able to go to the store be?
Any person who consumes anything is a consumer. He has the ability to eat, ride, remain, play, etc (u name it..).
A customer is someone who plans to make a purchase at a store. He would be the shopkeeper's customer.
A buyer is a consumer who enters a store and makes a purchase there (a window shopper isn't a buyer but unquestionably a customer).
You are most likely all three of these things as a student: a consumer, customer, and buyer. You consume food, education, health, and a variety of other things. Since you must have visited a store and purchased a pen or perhaps something else from a store at some point, you are also a customer. But if you visit a store but leave empty-handed, you are just a customer, not a buyer.
A youngster under three cannot go shopping. As it must consume baby food, it is merely a consumer.
As the sick person must consume food and medication in order to recover, he is merely a consumer. He can only be a buyer and customer if he visits the store and makes a purchase.
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who at the closing table examines all documents for buyers or sellers and represents their best interests?
A realtor examines all documents for buyers or sellers and represents their best interests
One of the advantages of hiring a realtor when looking to buy a home is that he or she will attend the closing to ensure that both the buyers and sellers are satisfied with the results, as well as to collect the commission for a couple of months of hard work
It is obvious that the primary goal of Realtors is to sell properties. A good realtor, on the other hand, is not only concerned with selling the property at hand but also with educating the client in order to familiarize him or her with the entire buying or selling process. This is significant because the client can make an informed decision based on the available information.
If you are a buyer, on the other hand, hiring a realtor will help you answer a lot of questions before you begin the buying process. Because he or she is experienced and knowledgeable about the market, a realtor can advise you on what you want. A realtor will also guide you through the entire process of filling out forms and other details that may be required to get you a new home.
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enterprising concepts has completed concept testing of its industrial vacuum cleaner. before it begins market testing, in what stage should it engage?
Development of marketing strategy should be engaged before beginning market testing for the products/services.
Marketing strategy development is a stage done just after concept testing and before market testing; this stage involves determining a budget, identifying a target audience, creating a proper channel in order to reach target customers, all the roadmap of actions, and the time to activate them, and setting up clear-cut goals before putting them up in the open market.
The target market description is its first part and then the planned price for the vacuum cleaners. The planned long-run sales are considered after price determination. And after creating a proper strategy of marketing, the vacuum cleaner is ready to be tested in the market with all defined and channelized prices and customers.
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the table below represents a firm's profit for producing and selling tomato plants. assume that if a firm would have the same profit at two different levels of output, then the firm would choose the greater level of output. assume that the only levels of output that the firm can produce are the levels of output given in the table. at what level of output does the firm maximize profits? quantity total cost fixed cost variable cost marginal cost total revenue marginal revenue 0 $2 $2 - - $0 - 5 $3 $2 $1 $1 $3 $3 10 $4 $2 $2 $1 $6 $3 15 $6 $2 $4 $2 $9 $3 20 $9 $2 $7 $3 $12 $3 25 $13 $2 $11 $4 $15 $3 provide your answer below:
According to the given information, at the level of 20 the output does the firm maximize profits.
Produces Quantity = 20
The firm will operate where Marginal Revenue = Marginal Cost i.e. the first order condition for profit maximization
In this case its 20 where Marginal Revenue = Marginal Cost = 3
Further the second order condition requires after equilibrium Marginal Cost > Marginal Revenue which is also satisfied as 4 > 3 at 25 quantity. Further proving that 20 is the profit maximization output.
The revenue increase brought on by the sale of one additional unit of output is known as marginal revenue. While marginal revenue may be constant above a certain level of output, the law of diminishing returns dictates that it will eventually begin to decline as output level rises. According to economic theory, perfectly competitive businesses continue to produce goods and services until marginal revenue and marginal cost are equal.Because it can enable an organization to maximize its production through economies of scale, marginal cost is a crucial concept in managerial accounting.Learn more about Marginal Revenue, here
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Which of these is a disadvantage to only using cash to make purchases?
Cash advances require a lot of paperwork and are generally difficult to get is a disadvantage to only using cash to make purchases.
cash is felony gentle—forex or coins—that may be used to change items, debt, or offerings. every so often it also includes the fee of belongings that may be effortlessly converted into cash immediately, as reported with the aid of an employer.
Cash is the quantity of real cash an enterprise has at its disposal. it's miles are labeled on the balance sheet as a modern asset, which means it's miles in all likelihood for use within the subsequent 365 days, and is commonly held in bank money owed. money or its equal (consisting of a check) paid for goods or services at the time of purchase or delivery. coins. it's a shop of price. coins is extra than only a charge instrument. It permits humans to preserve money for saving functions without default chance. it is useful for a small man or woman-to-character presents and bills.Learn more about cash here: https://brainly.com/question/24179665
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Disclaimer: The question is incomplete. Please read below to find the missing content.
Which of the following is not a disadvantage to cash advances on a credit card?
a.
Cash advances are similar to loans in that they need to be paid back with interest.
b.
Cash advances require a lot of paperwork and are generally difficult to get.
c.
Cash advances are often the last thing to be paid when paying off your credit card.
d.
Cash advances often come with an interest rate much higher than your credit card.
which of the following is the economic role of government? i. to provide the legal framework and public services needed for a market economy ii. to redistribute income and wealth through transfer payments, market intervention, and taxation iii. to address market failure by reallocating resources to correct for positive and negative externalities iv. to promote economic stability, full employment, and low inflation through macroeconomic policies
Government provides the legal framework and the services needed for a market economy to operate effectively.
The legal structure and services required for a market economy to function properly are provided by the government. The legal system establishes the legal standing of corporations, protects private property rights, and permits the formation and execution of contracts.
The assumption is that government involvement will improve resource allocation. The government promotes the volume and security of exchange by providing a medium of exchange, ensuring product quality, clarifying ownership rights, and enforcing contracts. Increased specialization in the utilization of land, labor, money, and entrepreneurial resources is encouraged as a result of market expansion. Such specialization encourages the more effective use of resources.
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when yamaha entered the market with a broader range of pianos, keyboards, and other musical instruments, it was using which offensive tactic?
Yamaha used an offensive strategy known as "encirclement" when it entered the market with a wider selection of pianos, keyboards, and other musical instruments.
What is an offensive tactic?A sort of company strategy known as an aggressive competitive strategy entails actively pursuing changes within the industry. In order to stay ahead of the competition, companies that go on the offensive frequently undertake acquisitions and make significant investments in R&D and technology.
They will also confront rivals by excluding them from emerging or underserved markets or by competing directly with them. Conversely, defensive competitive strategies are intended to offset aggressive competitive methods. To develop an offensive competitive strategy, a variety of tactics and strategies may be used independently or jointly. In some markets or locations, businesses may even use completely different strategies.
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brianne, a senior engineer, prefers to work in a job that provides her the opportunity to interact with people and make new friends on the job. brianne has a need for .
Brianne, a senior engineer, prefers to work in a job that provides her the opportunity to interact with people and make new friends on the job. brianne has a need for affiliation.
The word engineer (Latin ingeniator[3]) is derived from the Latin words ingeniare ("to contrive, devise") and ingenium ("cleverness"). Engineers, as practitioners of engineering, are professionals who create, design, analyze, build, and test machines, complex systems, structures, gadgets, and materials to fulfill functional objectives and requirements. A verb in the to-infinitive form is most frequently used after opportunity,More often than you might think, chances to fulfill your life goals present themselves to you. It often has to do with whether or not you are prepared for those opportunity, which is why they don't always result in the experiences you hoped for.
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during market testing, sensation cosmetics (sc) realized that the cosmetics industry was dominated with multiple, well-established brands. these brands mostly sold their products in exclusive outlets and departmental stores. a new entrant like sc would require a different business model to be successful. thus, sc started selling its products through direct marketing. in this scenario, sensation cosmetics accomplished substitution primarily through:
Direct marketing was used by sc to start selling its goods. In this case, Sensation Cosmetics largely achieved substitute through Strategic Equivalence.
Strategic equivalence refers to the use of a strategy that, when marketing compared to other strategies used by the market's current competitors, is similar in terms of the risk put into it and the rewards anticipated as a result.
To put it another way, when SC began selling its products through direct marketing, it could have targeted the same market as other established Brand players, anticipating similar returns for the products compared to what the other Brands would be earning from the same base of marketing audience, thus resorting to Strategic Equivalence, without imitating the same strategies to capture the market as in the case of the current players.
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putting your previous answers together, what advantage is there to using a longer moving average for noise reduction? what do we have to trade off (i.e., what disadvantage becomes more and more pronounced) in doing so?
The advantage of using a longer moving average for noise reduction moving average is used for forecasting goods or commodities with constant demand, where there is a slight trend or seasonality.
Product forecasting is the science of predicting the success of new products in the market. To do this, predictive models should consider product awareness, distribution, pricing, unmet need responses, competitor options, and more.
Forecasting is the technique of using historical data as input to make forward-looking, informed estimates in determining the direction of future trends. Organizations use forecasts to determine how to allocate budgets and plan expected expenses for the next period.
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if an advertising campaign is aimed at increasing brand awareness and consumers' knowledge of a product's features, the advertising objective should be stated in terms of group of answer choices
If an advertising campaign is aimed at increasing brand awareness and consumers' knowledge of a product's features, the advertising objective should be persuasive advertising.
Consumers' preferences and interests are used by persuasive advertising to persuade them to buy a good or service. This type of advertising frequently emphasizes the advantages the product or service can provide the consumer.
Without being overly educated and informational, persuasive advertising can help you pique the curiosity of your primary target audiences and persuade them to try your product.
When used effectively, persuasive advertising may significantly increase brand loyalty and appeal to a wider audience. We'll discuss persuasive advertising in this article and explain how it differs from other digital advertising strategies.
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bob works as a torklitt driver in a manufacturing plant. vhen ne is at work. he is covered bv workers compensation insurance. his employer has also included a major medical plan as part of his benefit package, so bob is also covered by insurance outside of working hours, as well. which insurance term best describes this arrangement?
This arrangement is superior due to the insurance term's 24-hour coverage.
How is a 24-hour shift covered?
The best 24/7 shift pattern, assuming a flat 24/7 shift pattern cover requirement, is typically a four- or five-team solution that can use either three shifts (typically eight hours each) or two twelve-hour shifts to provide 24/7 shift pattern cover.
What does a schedule with 24 hours look like?
In a 24-hour schedule, teams work four 10-hour shifts consecutively before taking two days off. They then work four 10-hour third shifts consecutively before taking three days off. They then work four 10-hour second shifts consecutively before taking another three days off.
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minimizing wasted coverage and customizing the message based on feedback are advantages of blank . multiple choice question. advertising publicity sales promotion personal selling
Minimizing wasted coverage and customizing the message based on feedback are advantages of advertising. The deliberate misrepresenting of facts about goods and services is a significant downside of advertising.
Advertisers frequently exaggerate the real or imagined benefits of a product and make bold assertions in an effort to persuade consumers to behave against their own best interests and engage in coverage that will benefit them. The distinction between an advantage and a disadvantage is that an advantage is any condition, scenario, opportunity, or means that are especially conducive to success or any desired purpose, whereas a disadvantage is a weakness or unwanted quality.
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shelley has a $180,000, 9%, 15-year loan. using an amortization schedule, what is the interest amount for payment 2?
The principal balance before Payment 4 is made is the same as the principal balance after Payment 3 - $178,558.24.
A principal balance is, at its most basic, the amount outstanding on a loan that needs to be repaid to satisfy the debt. It does not take into account future interest or fees that will accrue. The principal balance is equal to the full amount of money initially borrowed minus what has Payment already been paid against it, without adding in any of the interest that needs to be paid.
$180,000 ÷ 1,000 = $180 X 10.15 = $1,827.
Table Factor = 10.15 ((N = 15, i = 9%))
$180,000 × 9% × 1/12 = $1,350.
$1,827 - $1,350 = $477.
$180,000 - $477 = $179,523 principal balance before Payment 2.
$179,523 × 9% interest × 1/12 = $1,346.42.
$1,827 - $1,346.42 = $480.58.
$179,523 - $480.58 = $179,042.42 the principal balance before Payment 3.
$179,042.42 x 9% interest × 1/12 = $1,342.82.
$1,827 - $1,342.82 = $484.18.
$179,042.42 - $484.18 = $178,558.24 the principal balance after Payment 3 and before Payment 4.
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what is meant by planning a project? what does this encompass? who should be involved in planning the work?
The project planning process involves clearly defining the project purpose, defining the project scope, choosing the quality arrangement, and assigning tasks to the appropriate team members. Planning the task should involve everyone in the organization, including the executives or group leader.
What is project planning?
Project planning is frequently used to coordinate several aspects of a project, such as work loads, team management, and project plans. An activity network diagram is used to define the logical relationships between tasks and to identify the critical path. Since it must be done before the project is actually started, project planning is inherently uncertain.
As a result, it is common practice to estimate work duration using a weighted average of optimistic, normal, and pessimistic conditions. The critical chain method includes "buffers" in the planning process to account for potential execution delays. Project management software can be used to calculate float or slack time in the schedule.
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why must price cover average variable costs if the firm is to continue operating? if price is less than average variable costs, the firm can minimize losses by producing where marginal cost equals price. the firm can continue to operate because costs will be covered. fixed costs will exceed losses. the firm will minimize its losses by shutting down.
Price must cover average variable cost if the firm is to continue operating as the D) firm will minimize its losses by shutting down.
Price must include AVC or firms will lose more by continuing to operate than by ceasing to exist. Firms will lose not only their fixed costs but also a portion of their variable costs if they produce output when the price is below the average variable cost.
Businesses can keep their losses to their fixed expenses by ceasing operations when the average variable cost exceeds the price. The shutdown point, which indicates the price at which the company would run out of customers to pay its variable expenses, is the junction of the average variable cost curve and the marginal cost curve.
The perfectly competitive firm is at least covering its average variable costs if the market price is above the shutdown point.
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based on francine's advice, what would appear to be the motivating factor for tina's acceptance of your proposal?
Based on francine's advice, Tina has a strong need to feel a sense of accomplishment and be recognized and admired by others for her accomplishments.
It gives you a sense of purpose to accomplish goals and feel proud of the work you've done. We all experience it, hopefully the majority of the time during our careers. Setting realistic goals actually ranks as the fourth most crucial element in boosting employee engagement, according to the Happiness Research Institute.
You naturally become more involved in your work when you feel a sense of accomplishment. You are inspired to go above and beyond by this feeling.
Splitting complicated projects into smaller, attainable goals is a more motivating and effective way to manage them. By doing so, you can solve any issues that arise and give your teams more frequent rewards.
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Complete question:
Before you start drafting your message, you tell Francine Santana, a senior member of your team, your idea and the primary audience you've selected for your message. She disagrees with your assessment and tells you, "Sorry, but I think you're off-base here. You should send the message to Tina Bagley, because once you get her to sign on to your survey idea, she can take the matter up with senior management to request the resources for the survey."
She goes on to tell you that it will be important for you to know what motivates Tina so your message will align with her interests and desires. Francine has been with GreenStar for a number of years and knows Tina well, so you ask her what she thinks motivates Tina.
Francine tells you, "Tina is very achievement-oriented. It would be a huge feather in her cap if she could demonstrate that this policy would retain existing customers and even grow our customer base."
Based on Francine's advice, what would appear to be the motivating factor for Tina's acceptance of your proposal?
a. Tina wants to help others and make a difference in the lives of other people.
b. Tina seeks approval from others and needs to feel accepted.
c. Tina's ultimate goal is power. She likes to feel in control of situations and exert authority over others.
d. Tina has a strong need to feel a sense of accomplishment and be recognized and admired by others for her accomplishments.
a man and his neighbor owned homes on adjacent lots in a subdivision. the subdivision's recorded restrictions did not prohibit detached storage sheds, and several homeowners in the subdivision had placed such sheds in their backyards. because the man and the neighbor thought the sheds were unsightly, they both agreed in writing not to place detached storage sheds in their respective yards. their agreement was drafted in recordable form and stated that it was enforceable by and against all assignees, heirs, and successors. the agreement was promptly recorded. three years later, the neighbor gave his home to his daughter. shortly after moving into the home, the daughter learned of the restriction. she informed the man that she planned to put a detached storage shed in her backyard, claiming that the restriction was not enforceable against her. does the man have the right to enjoin the neighbor's daughter from placing a detached storage shed in her yard?
The man can enjoin the daughter from building the storage because the restriction is binding on the daughter because she is a successor of the previous owner.
Successor:
Successor means a person who has a job, position, or title after someone else simply said that someone who succeeds another person.
Given,
A man and his neighbor owned homes on adjacent lots in a subdivision. , And they both agreed in writing not to place detached storage sheds in their respective yards. They done their agreement was drafted in recordable form and stated that it was enforceable by and against all assignees, heirs, and successors and agreement was promptly recorded. After three years later, the neighbor gave his home to his daughter. And she shortly after moving into the home, the daughter learned of the restriction. Now, she claimed the man that she planned to put a detached storage shed in her backyard, claiming that the restriction was not enforceable against her.
Here we need to find does the man have the right to enjoin the neighbor's daughter from placing a detached storage shed in her yard.
While we looking into the give question we have identified that the agreement is signed and register. And it will be enforceable against all assignees, heirs, and successors of the assignees.
Therefore, the man can have the right to enjoin the neighbor's daughter from placing a detached storage shed in her yard.
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your buyer client haley is making an offer on her first home although she can afford the full listing price, you advise her to offer 10% below the list price. what's a good reason for doing so?
Haley is making an offer on her first home although she can afford the full listing price, you advise her to offer 10% below the list price as the market is cold.
What is Market in Fianancial term ?
Any location or system that gives buyers and sellers the ability to exchange financial assets, such as bonds, shares, the different international currencies, and derivatives, is referred to as a financial market. The connection between people with capital to invest and those who need capital is facilitated by financial markets. Financial markets enable players to transfer risk (often through derivatives) and advance trade in addition to making it feasible to obtain funds.
Financial market transactions are subject to risk even while rules and best practices serve as a guidance. The OCC advises and assists national banks that participate in financial market activity.
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sean is a monopolist who operates a business rigging tablets to run twice as fast as the original specifications. if sean charges $40, he would have 10 customers, but if he lowers the price to $37, he would have 11 customers. what is the marginal revenue of the 11th customer? a) $437 b) $400 c) $37 d) $7
The marginal revenue of the 11th customer is $7 .
Option D is correct .
Marginal revenue :Marginal revenue is the increase in revenue that results from the trade of one fresh unit of affair. While marginal revenue can remain constant over a certain position of affair, it follows from the law of dwindling returns and will ultimately decelerate down as the affair position increases. Marginal revenue is a central conception in microeconomics that describes the fresh total revenue generated by adding product sales by 1 unit
Evaluating marginal revenue :Marginal revenue is the change in total income from 10 customers ($400) to 11 clients ($407).
Sean charges = $40
10 customers = $40 × 10
= $ 400
Lowers the price = $37
11 customer = $ 37 × 11
= $ 407
Marginal revenue = $407 - $400
= $7
Hence, the marginal revenue of Sean = $7
How a monopolist maximizes profits?A monopolist maximizes profits by choosing that affair and price at which marginal cost is equal to or comes as close as achievable to( without surpassing) the marginal revenue. This is given that the price is lesser than the mean variable cost, and that the marginal cost is uprising at the profit- maximizing affair.
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an investor has purchase a bond where the issuer will repay part of the bond's principal before the final maturity date, and then pay off the major portion of the debt principal at final maturity. this is
An investor has purchased a bond wherein the provider will pay off a part of the bond's primary earlier than the very last adulthood date, after which repay the important part of the debt primary at the very last adulthood. This is a balloon maturity schedule.
What's balloon maturity?Balloon maturity refers to a state of affairs whilst the very last fee to pay off a debt is considerably large than the preceding payments. The maximum not unusual place utilization of this time period is on problems. Issuing bonds and making plans for balloon adulthood may be volatile for a provider.
For example, if in three hundred and sixty-five days a financial institution problems 500 bonds so that it will mature in 10 years, the financial institution should be assured it is going to be capable of cowl the primary of all 500 bonds once they mature and are due. Likewise, it should additionally be capable of meeting all of the coupon payments in the course of the ones 10 years.
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dan has agi of $50,000 and paid the following taxes during this tax year. state income tax withholding $ 1,375 state income tax estimated payments 800 federal income tax withholding 3,175 social security tax withheld from wages 2,000 state excise tax on liquor 450 automobile license (based on the car's weight) 325 state sales tax paid 525 calculate how much dan can deduct for taxes as an itemized deduction this year.
$2,175 dan can deduct for taxes as an itemized deduction this year.
What is a tax?
A tax is a mandatory financial charge or other type of levy placed on a taxpayer (an individual or legal entity) by an administrative body to pay for various public expenditures and administrative costs.
The following chart shows how the itemized deduction was calculated:
State income tax withholding and anticipated payments for state income tax
= $1,375 + $800
= $2,175
We do not deduct Social Security tax, state excise tax on alcohol, or federal income tax withholding because these taxes are taxable.
Additionally, the automobile license is dependent on the weight of the vehicle rather than its market worth. Therefore, this wouldn't be regarded.
Additionally, we might choose among the state income tax or the sales tax. So, in the calculating section, we include the state income tax.
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the common stock of the p.u.t.t. corporation has been trading in a narrow price range for the past month, and you are convinced it is going to break far out of that range in the next 3 months. you do not know whether it will go up or down, however. the current price of the stock is $85 per share, and the price of a 3-month call option at an exercise price of $85 is $8.00. a. if the risk-free interest rate is 9% per year, what must be the price of a 3-month put option on p.u.t.t. stock at an exercise price of $85? (the stock pays no dividends.
The price of a three-month put option will be $3.187 if the stock pays no dividend.
What is put option?The right to sell an asset (the underlying) to the writer (i.e., seller of the put) at a specific price (the strike), by (or at), or at a specific date (the expiry or maturity) is granted by the holder (i.e., the buyer of the put option) of a put or put option in the financial industry. When a put option is bought, it is assumed that the buyer has low expectations for the stock that it covers in the future. Since the owner has the authority to "put up for sale" the stock or index, the term "put" refers to this ability. Puts can also be used in conjunction with other derivatives as part of more complicated investing strategies, and they are particularly beneficial for hedging.
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What are public goods? How is the development of public goods instrumental in have a
mixed economic structure? What are some public goods offered within the American
free enterprise system?
A good or service that is provided to all members of a society is referred to as a public good. Usually, governments are in charge of providing these services, and taxes are used to pay for them all. The rule of law, national defence, and law enforcement are a few examples of public goods.
Why are Public goods crucial?
Public goods are significant because they are intended to be accessible to the broader public and have particular characteristics that prohibit people or groups from not being able to use them while also promoting easy access. They must also be durable enough to sustain use without becoming inoperable for subsequent users.
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