Without a broker involved, a single-family home may be sold or rented, as long as the owner doesn't simultaneously own more than three of them. The Fair Housing Act prohibits landlords, sellers, and lenders from discriminating against home renters and buyers on the basis of their race, colour, religion, sexual orientation, nationality, disability, or family status.
The Department of Housing and Urban Development is responsible for enforcing the law at the federal level (HUD). Those who feel they have been subjected to discrimination by sellers or landlords are protected by federal, state, and local laws. Those who want to sellers a lawsuit alleging housing discrimination with the courts can get assistance from attorneys.
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prices of zero-coupon bonds reveal the following pattern of forward rates: year forward rate 1 8 % 2 11 3 13 in addition to the zero-coupon bond, investors also may purchase a 3-year bond making annual payments of $55 with par value $1,000. a. what is the price of the coupon bond? (do not round intermediate calculations. round your answer to 2 decimal places.) b. what is the yield to maturity of the coupon bond? (do not round intermediate calculations. round your answer to 2 decimal places.) c. under the expectations hypothesis, what is the expected realized compound yield of the coupon bond? (do not round intermediate calculations. round your answer to 2 decimal places.) d. if you forecast that the yield curve in 1 year will be flat at 8.0%, what is your forecast for the expected rate of return on the coupon bond for the 1-year holding period? (do not round intermediate calculations. round your answer to 2 decimal places.)
a. The price of the coupon bond is $1,036.57.
A bond is a debt security in which an investor loans money to an entity, typically a corporation or government, for a defined period of time at a fixed interest rate. The entity then promises to repay the loan at a future date, typically with periodic interest payments. Bonds give investors a relatively low-risk way to earn a set rate of return. When a bond matures, the issuer pays the principal amount of the loan back to the investor. The bond issuer may be a government, corporation, or other entity.
b. The yield to maturity of the coupon bond is 12.23%.
c. Under the expectations hypothesis, the expected realized compound yield of the coupon bond is 12.08%.
d. If the yield curve in 1 year is flat at 8.0%, the expected rate of return on the coupon bond for the 1-year holding period is 8.00%.
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employees may differ in their perceptions of what they consider to be large enough pay raises. which of the following may be a consequence? question 2 options: demotivating those employees who do not consider pay raises to be large enough creating undesirable social structures filing lawsuits on the basis of illegal discrimination none of the above
Employees may differ in their perceptions of what they consider to be large enough pay raises because demotivating those employees who do not consider pay raises to be large enough i.e. Statement 1
Employees may differ in their perceptions of what they consider to be a large enough pay raise. Some employees may expect a higher percentage increase than others or may have different benchmarks for what constitutes a large enough pay raise. If an employee does not consider a pay raise to be large enough, it may lead to demotivation, particularly if the employee feels undervalued or underappreciated.
It's important for managers to communicate clearly with employees about pay raises, including the criteria used to determine the amount of the raise and the company's overall compensation philosophy. Open and transparent communication can help ensure that employees have a better understanding of how pay raises are determined and can help manage expectations.
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Correct Question -
employees may differ in their perceptions of what they consider to be large enough pay raises. which of the following may be a consequence?
demotivating those employees who do not consider pay raises to be large enough creating undesirable social structures filing lawsuits on the basis of illegal discrimination none of the abovemullis company sold merchandise on account to a customer for $825, terms n/30. the journal entry to record this sale transaction would be:
The journal entry to record this sale transaction would be Debit Accounts Receivable $825 and credit Sales $825. In your company's books, a journal entry serves as a record of a business transaction.
Every transaction requires at least two journal entries in double-entry bookkeeping. A bookkeeper keeps track of all the changes that a transaction can bring about in a business by recording them in their journal.
Even today, every journal entry must include an equal number of debits and credits to maintain the balance of the famous equation. Costs are the price paid for goods or services used. Expense The crucial accounting records known as journal entries show the costs incurred by the organisation. The foundation of accounting are journal entries.
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since the aggregate demand for loanable funds is the sum of the quantities demanded by the separate sectors, and since most of these sectors are likely to demand a larger quantity of funds at lower interest rates (other things being equal), the aggregate demand for loanable funds is positively related to interest rates at any point in time. a. true b. false
The borrowing process is described by the market for loanable funds. Savings are the source of the loanable funds available. It is predicated on borrowing that loanable funds are in demand.
The real interest rate and the amount of loans made depend on how the supply of savings and the demand for loans interact. If there is a lack of loanable funds and the amount demanded exceeds the amount available, then the interest rate will be below the equilibrium level. As a result, there will be a greater demand for loanable funds, which raises the actual interest rate. In other words, when the economy is performing well, we would anticipate seeing an increase in real interest rates and the volume of loans provided.
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he elasticity of supply seeks to measure the sensitivity of changes in the quantities of goods and services produced by companies to changes in the sale ...
The elasticity of supply seeks to measure the sensitivity of changes in the quantities of goods and services produced by companies to changes in the sale is known as Price elasticity of demand.
How would you define price elasticity?Price elasticity quantifies how responsively a good's supply and demand are to changes in price. It is calculated by dividing by the percentage change in price the percentage change in quantity demanded—or delivered.
Why is elasticity so crucial?For setting the prices of various manufacturing inputs, the concept of demand elasticity is crucial. The elasticity of the demand for production inputs determines how much they are paid. In other words, a factor's price will be high if demand is inelastic, and low if demand is elastic.
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which statement about demand and supply is true? multiple choice question. an increase in the price of a good shifts the supply curve to the left. an increase in consumer income is likely to increase the demand for a normal good. an increase in consumer income shifts the demand curve to the left. an increase in the price of a good is likely to decrease the supply of the good.
The statement that is true about demand and supply is: "An increase in consumer income is likely to increase the demand for a normal good."
What is consumer income ?The demand curve moves to the right as consumer income rises, showing that consumers are able and willing to purchase more of a specific commodity or service at each price point. A rise in consumer income is likely to result in an increase in demand for a normal item because these are the goods whose demand rises as consumer income rises.The other assertions are untrue. The supply curve, not the demand curve, is what moves to the left when the price of an item rises. The amount of a thing that producers are willing and able to supply will certainly drop as its price rises, but the amount of the good actually available for sale will not.To know more about consumer income , check out :
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south shore construction builds permanent docks and seawalls along the southern shore of long island, new york. although the firm has been in business for only five years, revenue has increased from $308,000 in the first year of operation to $1,084,000 in the most recent year. the following data show the quarterly sales revenue in thousands of dollars: what type of pattern exists in the data?
According to the data, the Horizontal pattern, with seasonality type of trend pattern exists in the data. The correct option is (5).
What do you mean by trend pattern?The general movement of a price over time is known as a trend. When a group of data exhibits a recognizable pattern, analysts look for that pattern in the current data.
When data values oscillate around a fixed mean, a level or horizontal pattern results. The simplest and most predictable pattern is this one. An illustration would be product sales that remain constant over time.
Therefore, according to the data, the Horizontal pattern, with seasonality type of trend pattern exists in the data.
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This is an incomplete question, the complete question is:
south shore construction builds permanent docks and seawalls along the southern shore of long island, new York. although the firm has been in business for only five years, revenue has increased from $308,000 in the first year of operation to $1,084,000 in the most recent year. the following data show the quarterly sales revenue in thousands of dollars:
what type of pattern exists in the data?
Positive trend pattern, no seasonality Horizontal pattern, no seasonality Negative trend pattern, no seasonality Positive trend pattern, with seasonality Horizontal pattern, with seasonality Negative trend pattern, with seasonalityThe data of image is also attached:
lee spent $5,000 dollars last year on transportation, $3,000 on entertainment, and $8,000 on groceries. he spent a total of $35,000 overall. what percentage of lee's total expenditure was on groceries?
We must divide Lee's grocery expenditure by his overall expend in order to determine of his total amount was spent on groceries. Therefore, groceries accounted for approx 22.86% of Lee's overall expenditure.
Lee shelled out $8,000 for groceries.
His overall spending came to $35,000
Therefore, it is possible to calculate what proportion of Lee's total spending was spent on groceries as follows: ($8,000 / $35,000) x 100% = 22.86%
What does the economics term "expenditure" mean?Spending is implied by the word expenditure. Demand is another word for consumer spending in economics. Aggregate demand is the economic term for all consumer spending. Because of this, the method of calculating GDP and aggregate demand are identical.
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while researching new smartphones, natalia assigns different degrees of importance to the features that matter most to her, such as camera quality, screen size, and battery life. in assigning different weights to these features, natalia is employing which type of consumer decision rule?
Five basic stages go into consumer decision-making. This method of weighing the choices is used by customers. The five processes include problem identification, information search, alternative assessment, buy decision, and post-purchase analysis.
The consumers: who are they?
A good or service is used by individuals or various business types. They also don't sell the goods they purchased. In the supply chain, they are the last to get goods and services. The buyer might not necessarily be the customer in reality.
Consumers are any individual or group who fully utilise a good or service. Here are a few illustrations: a client who pays a hairdresser to trim and style their hair.
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true or false: an external auditor cannot reduce the amount of work she performs by relying on the internal audit function for a part of the audit evidence needed to obtain assurance on the financial statements.
an external auditor cannot reduce the amount of work she performs by relying on the internal audit function for a part of the audit evidence needed to obtain assurance on the financial statements: is False
Why it is?
External auditors can reduce the amount of work they perform by relying on the internal audit function for a part of the audit evidence needed to obtain assurance on the financial statements.
However, external auditors must still evaluate the work of the internal audit function to ensure that it is reliable and relevant to the audit, and they must determine the extent to which they can use the work performed by the internal auditors.
In some cases, the external auditors may choose to rely on the work performed by the internal auditors, while in other cases they may need to perform additional audit procedures to obtain sufficient audit evidence.
The decision to rely on the work of the internal audit function is based on a variety of factors, including the scope and nature of the internal audit work, the competence and objectivity of the internal auditors, and the level of risk associated with the financial statements being audited.
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the less freedom young mothers have to work outside the home, the group of answer choices more elastic the supply of labor will be. less elastic the supply of labor will be. more horizontal the labor supply curve will be. larger is the decrease in employment that will result from a tax on labor.
The less freedom young mothers have to work outside the home, the option d) less elastic the supply of labor will be.
Elasticity is a measurement of how responsively a quantity is supplied or demanded to one of its determinants. When a factor, such as price or supply, changes, the demand for a good responds quickly. On the other hand, inelastic goods continue to be in demand even when prices increase significantly.
Elasticity is a crucial economic metric because it shows how much of a good or service consumers consume when the price changes, which is especially important for businesses selling goods or services. A change in price quickly affects the quantity demanded when a product is elastic.
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satisfaction or usefulness obtained from acquiring one more unit of a product is
The satisfaction or usefulness obtained from acquiring one more unit of a product is known as marginal utility.
What is meant by Marginal utility?Marginal utility refers to the additional benefit or satisfaction that a consumer receives from consuming an extra unit of a good or service. As a general rule, the marginal utility of a good tends to decrease as a consumer consumes more of it. This means that the first unit of a good consumed typically provides the greatest marginal utility, while the marginal utility of each additional unit consumed gradually declines.
Why is marginal utility an important principle?The concept of marginal utility is an important principle in economics, particularly in the study of consumer behavior and decision-making. It helps explain why consumers are willing to pay different prices for different quantities of a good, and how they make decisions about how much of a good to consume.
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each quarter lisa's company asks her to name 3 people in her department that would make good managers in the future. this is an example of .
The practice of Lisa's company to ask her to name 3 people in her department that would make good managers in the future is an example of talent identification or succession planning.
One example of talent identification or succession planning is the company Lisa works for asking her to name three members of her department who would make good managers in the future.
Identification and development of staff members with the potential to hold important leadership positions within the organization is the process of succession planning. It entails determining the expertise, competencies, and aptitudes needed for particular roles before identifying and fostering the growth of employees with the aptitude to fill those roles.
The business is engaging in succession planning by identifying and developing staff members who have the potential to hold leadership positions in the future by asking Lisa to identify potential managers within her department. This procedure ensures that the business has a pipeline of capable
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electronics world inc. paid out $46.3 million in total common dividends and reported $126.8 million of retained earnings at year-end. the prior year's retained earnings were $87.5 million. what was the net income? assume that all dividends declared were actually paid. write out your answer completely. for example, 25 million should be entered as 25,000,000. round your answer to the nearest dollar, if necessary.
Net income for the current year is $85.6 million.
Net income for the current year = (Closing balance of retained earnings - The opening balance of retained earnings) + Dividends paid for the current year
= ($126.8 million - $87.5 million) + $46.3 million
= $39.3 million + $46.3million
= $85.6 million
Net income for the current year = $85.6 million
Earnings are difficult to outline conceptually and the definition can be extraordinary for the duration of fields. for instance, a person's income in a financial experience may be unique from their income as described with the resource of the regulation.
A very essential definition of income is Haig–Simons earnings, which defines earnings as intake + trade-in internet truly worth and is widely applied in economics. For households and individuals within America, income is defined with the useful resource of tax law as a sum that consists of any earnings, earnings, profit, interest rate, rent, or some other shape of earnings acquired in a calendar year. Discretionary earnings are frequently described as gross profits minus taxes and special deductions (e.g., compulsory pension contributions), and are broadly used as a basis to take a look at the welfare of taxpayers.
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What are some of the unintended effects of rent control Correct Answer(s) ctivity/? Drag appropriate answer(s) here Rent-controlled units have a high ownership More low-income residents are able to find more housing in rent-controlled cities in the long term. turnover rate. Rent-control laws incentivize the low-income units.
The amount that a property owner can charge to rent a residence or renew a lease is limited by a government programme called rent control.
What is the name of the property?
Property is something over which a person or a business has legal ownership. Intangible items having the potential for future worth, such as stock and bond certificates, as well as tangible items with current value, such as houses, cars, or appliances, can all be referred to as property.
a person's possessions; the property or belongings of a particular owner: All of their belongings were destroyed in the fire. Things that are viewed as possessions, such as property: The corporation acts as a means of distributing real estate. a piece of real estate or a tract of land: Main Street real estate.
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you are the senior hr director at dynamo industries, a medium-sized manufacturer of small electrical motors. the firm employs 9800 people and has plants in st. paul, atlanta, and little rock. the company needs to hire a new chief executive officer (ceo), as the current ceo is on medical leave with plans to retire. what selection tools will you use for selecting the replacement ceo and why? how will you make a final decision of who to hire? be sure to consider validity, utility, and legal considerations when explaining the rationale for your choices.
As the senior HR director at Dynamo Industries, selecting a new CEO is a critical decision that will impact the future success of the company. To ensure the best selection, I would use a combination of selection tools that are valid, have high utility, and are legally defensible.
A rigorous, systematic interview procedure would be a crucial tool to use. A varied group of interviewers, including members of the board, senior executives, and managers from various functional divisions of the organization, should be involved in the interview process. The interview questions should be tailored to the exact competences, skills, and experience required for the CEO role, as well as the corporate culture and values. The interview should be geared to evaluate the candidate's abilities to lead, communicate effectively, make strategic decisions, manage change, and create connections with important stakeholders.
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michael works in the aircraft manufacturing sector, which has experienced increased demand. what will happen to his wages?
Michael works in the aerospace industry, where demand has led to an increase in earnings.
How does demand gets affected?The effect of each factor on demand varies. For instance, if the buyer's income rises, that can also raise demand. Buyer is more willing to spend money because they have more of it. But demand may decline if other factors rise, such as the cost of comparable goods. It's crucial to understand that these elements don't alter in a vacuum before delving into the impact of each determinant individually. Every aspect is constantly changing. It is necessary to initially erroneously believe that none of the other factors will change in order to comprehend how one determinant influences demand. Ceteris paribus, or "all other things being equal," is the name of this tenet.
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what is the break-even point for the american division?
When a company's revenues are equal, that point is known as break-even. One of two methods can be used to calculate the break-even point
What would revenue mean?Revenue is the entire amount of money made through the sale of products or services linked to a business's core operations. Because it appears just at top of the earnings statement, revenue, also referred to as gross revenue, is frequently called the "top line." A company's overall revenue or profit is known as income, or net income.
Is income or profit defined as revenue?Profit is the net money left over after deducting costs from earnings, whereas revenue is the income created by business operations. Sales, income through fees, and income from property are just a few examples of the different ways that money might come in.
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the process of creating a profile of your ideal customer for the purposes of developing a marketing strategy is known as what?
The process of creating a profile of your ideal customer for the purposes of developing a marketing strategy is known as buyer persona.
What are buyer personas and why are they significant?A buyer persona is a fictionalised portrayal of your ideal client. It is based on market analysis, actual customer data, and a few (informed) assumptions. It assists you in comprehending and connecting with the audience you wish to promote your goods and services to.
What is a buyer persona's principal goal?By arranging your data in a way that humanizes your clients, you may make it simpler for your team to comprehend their decision-making process, identify their pain points, and provide pertinent answers.
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the mountain ski lodge spent $100,000 marketing and advertising its new ski trails and on-site spa. the money used for marketing and advertising can be referred to as: group of answer choices variable costs. ratio costs. diseconomies of scale. fixed costs. economies of scale.
In accounting and economics, fixed costs are expenses that do not change with the level of production or usage of a company's products or services.
These costs remain constant, regardless of the amount of output that a company generates. Examples of fixed costs include rent, salaries, insurance premiums, property taxes, and marketing and advertising expenses, such as those incurred by the mountain ski lodge in this scenario. In the case of the mountain ski lodge, the $100,000 spent on marketing and advertising its new ski trails and on-site spa is a fixed cost because it is not directly related to the number of skiers or guests that visit the lodge. Whether the lodge receives a high or low number of visitors, the marketing and advertising expenses remain the same. The lodge may have spent the $100,000 on TV, print, and online advertising campaigns, billboards, and other forms of promotion. However, regardless of the success of these campaigns, the cost remains fixed. Fixed costs are an essential component of a company's cost structure and are crucial for determining its break-even point. The break-even point is the level of production or sales at which a company's total revenues equal its total costs, including both fixed and variable costs. In other words, it is the point where a company starts making a profit. By understanding their fixed costs, companies can better plan their budgets and pricing strategies to ensure that they can cover their costs and make a profit. In conclusion, the money spent on marketing and advertising by the mountain ski lodge is an example of a fixed cost because it does not vary with the level of output or usage of the lodge's facilities. Fixed costs are an essential component of a company's cost structure and are crucial for determining its break-even point.
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the distinguishing characteristic of a public good is noncompetitive production. durability. exclusivity. nonrival consumption.
Option b: durability. In economics, public goods (also known as social or collective goods) are non-excludable and non-competitive goods.
Such products may not be prohibited from access or use by reason of non-payment by the user. Also, use by one user does not block access or reduce availability for other users.
Therefore, the product can be used by multiple people at the same time. This is in contrast to commons, such as wild schools of fish in the sea. If too many fish are harvested, the resource will be depleted, limiting access to other fish.
A public good must be of value to multiple users. Otherwise the fact that it can be used by multiple people at the same time is economically irrelevant.
Capital goods can be used to produce public goods or services that "...usually make available on a large scale to many consumers."
Unlike other types of economic goods, public goods are said to be "non-competitive" or "non-exclusive", meaning that one person's use prevents others from accessing them or does not reduce a person's availability
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What element is most fundamental and therefore most important to the execution of most types of marketing activities?
A. Creativity
B. Connectedness
C. Exchange
D. Productivity
E. Promises
The most fundamental element of marketing activities is exchange, because It involves exchanging products, services, and/or ideas for something of value, typically money or other forms of payment. Exchange is the foundation of most marketing activities and is the main way companies create value and turn a profit.
What is exchange in marketing?Exchange is the process of giving something of value to another party in return for something of value from them. This is the basis of all marketing activities, as the goal of marketing is to facilitate the exchange of goods or services between a business and its customers. Without exchange, there can be no marketing, as there would be no transactions or relationships between the business and its customers.
While creativity, connectedness, productivity, and promises are all important aspects of marketing, they all ultimately serve the purpose of facilitating exchange. For example, creativity is used to develop marketing campaigns that will attract customers and encourage them to engage in an exchange with the business. Similarly, connectedness, productivity, and promises are all used to build relationships with customers and create value for them, which will ultimately lead to an exchange.
Therefore, exchange is the most fundamental and important element of marketing activities.
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which of the following are advantages of the corporate form of organization? i. ability to raise large sums of equity capital ii. ease of ownership transfer iii. profits taxed at the corporate level iv. limited liability for all owners
The ability to raise substantial amounts of equity is one of the benefits of the corporation form of organization.
What exactly do you mean by "corporate"?Corporate can be used to describe a particular huge corporation or a large company as a whole. Corporate customers are charged greater interest rates than private customers. As the economy grows, corporate earnings are rising. Corporate can be used to describe a particular huge corporation or a large company as a whole.
What makes a corporation a corporation?An official entity that exists separately from its owners is a corporation, also referred to as a C corp. Corporations are liable in court, subject to taxation, and have the potential to make a profit. Although forming a corporation is more expensive than making other types of arrangements, it offers the owners the best protection against personal liability.
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beach carrier case study what is the nature of the product? what are its strengths and weaknesses? 2. what are the limitations to the assumptions ricci has made in determining the market potential? what risks do these present? 3. how can ricci protect her product design? 4. what are the pros and cons of the mail order marketing strategy? what are the pros and cons of alternative distribution methods? 5. what are some of the manufacturing issues ricci will face? 6. is the financing sufficient to fund the roll out of the beach carrier as planned?
As per the Beach Carrier Analysis (Case Study), the answers to the following questions are mentioned below:
Beach Carriers often come under the Private Carrier Category
Beach Carriers often come under the Private Carrier Category
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A company uses a periodic inventory system and during the december 31, year-end physical inventory count discovered that they have incurred a $300 shrinkage in inventory. Prepare the necessary adjusting entry
Prepare the necessary adjusting entry to record this shrinkage by selecting the account names from the pull-down menus and entering dollar amounts in the debit and credit columns. No journal entry required.
What does the periodic inventory system entail?A periodic inventory system is a type of inventory valuation where the inventory account is updated at the conclusion of each accounting period as opposed to after each sale and purchase. The technique enables a business to monitor its starting inventory and ending inventory throughout the course of an accounting cycle.
Why is the periodic inventory approach used?Smaller companies with little inventory holdings are best suited for a periodic inventory method. A physical inventory count is simple to complete for these companies. Estimating the cost of things sold over predetermined time periods is likewise much easier.
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A company uses a periodic inventory system and during the December 31, year-end physical inventory count discovered that they have incurred a $300 shrinkage in inventory.
Prepare the necessary adjusting entry to record this shrinkage by selecting the account names from the pull-down menus and entering dollar amounts in the debit and credit columns.
Stadium owners may get a percentage of which things for an event?1) Ticket sales2) Parking fees3) Merchandise4) All of the above
4) All of the above, In exchange for hosting an event, stadium owners may receive a portion of all of the above, including ticket sales, parking fees, and retail sales.
A portion of the aforementioned, including ticket sales, parking fees, and retail sales, may be given to stadium owners for a particular event. Owners of stadiums may agree to a contract with event planners and other participants in the event in order to get a portion of the proceeds. One possible source of funding for this may be a portion of admission fees, parking charges, and retail sales, in addition to other sources of income like concessions and sponsorships. Depending on the circumstance, the place, and the persons concerned, the contract's specific terms may change.
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true or false: the amount of a long-term note that is due within a year or operating cycle, if shorter than a year, is presented as a current liability in the balance sheet
False, The balance sheet shows a current liability for the amount of a descriptive paragraph that is due in a year or operational cycle, if less than a year.
How should liability be displayed on a balance sheet?Through the transmission of economic benefits like money, products, or services, liabilities are eventually satisfied. Liabilities are items that are listed on the balance sheet's right side and consist of debts including loans, payables, mortgages, deferred income, bonds, warranties, and accumulated expenses. Assets and liabilities can be compared. All of a company's assets are listed on the left side of the balance sheet. The balance sheet lists the company's obligations and shareholders' equity on the right side. Both current and quasi (long-term) assets and liabilities are broken down into their respective categories. Liquidity, or how quickly an asset could be converted into cash, is used to rank assets. The order of liabilities is based on when they are due for payment.
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check my work janie received her monthly credit card bill from express visa and discovers a billing error. which law will provide janie a remedy?
The law that would give her with a remedy would be the Fair Credit Billing Act( FCBA), If Janie received her habitual credit card bill from Express Visa and discovered a billing error.
The FCBA is a civil law that outlines the rights of consumers in billing controversies with creditors, including credit card companies. Under the FCBA, Janie has the right to dispute the billing error and request an disquisition from Express Visa. The credit card company is also needed to respond to Janie's disagreement within a specific timeframe and give a resolution to the error.
However, Janie may be entitled to damages, including a refund of any overcharged price, If Express Visa fails to misbehave with the FCBA.
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he market supply of lettuce in a small town is shown in the table below. market supply of lettuce quantity of lettuce supplied (heads) price (dollars) initial new $3.00 500 2.50 400 2.00 300 1.50 200 1.00 100 0.50 0 instructions: enter your answers as a whole number. a. suppose there is a decrease in the cost of renting land that allows lettuce growers to produce 50 more heads of lettuce at each price. find the new quantities supplied at each price, and then complete the new supply schedule in the table.
(A). The cost of renting land that allows lettuce growers to produce 50 more heads of lettuce at each price was 230, 190, 150, 110, 70, 50.
What is production?The word production is defined as, the material (such as metal, wood, glass, or polymers). In a perfect world, this output would be a product or service that is useful to people and has value.
(B). At a price of $1.50 per head of lettuce, the original quantity supplied was 60 heads of lettuce and the new quantity supplied is 110 heads of lettuce.
Therefore, As a result, the market supply is the total amount of an item, the producers are willingly to be able and sell it.
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derek can deposit $241.00 per month for the next 10 years into an account at bank a. the first deposit will be made next month. bank a pays 15.00% and compounds interest monthly. derek can deposit $2,568.00 per year for the next 10 years into an account at bank b. the first deposit will be made next year. bank b compounds interest annually. what rate must bank b pay for derek to have the same amount in both accounts after 10 years?
The Total Future Value of Bank A = $62435.61
The Annual Interest Rates of Bank B = 19.233 %
Bank A:
Monthly Deposits: $241;
Term of Deposits: 10 Years (10 x 12);
Interest Rate: 14%;
Monthly compounding at a monthly interest rate of 14/12 = 1.167%
Total Future Value of the monthly deposits = 241 x [tex](1.01167)^{119}[/tex] + 241 [tex](1.01167)^{118}[/tex] + ............... +241
Total Future Value = 241 x [{[tex](1.01167)^{120}[/tex]-1}/ {(1.01167) -1}]
Total Future Value = $62435.61
Bank B:
Target Future Value = $ 62435.61,
Annual Deposits = $ 2498,
Deposit Tenure = 10 Years,
Compounding frequency = Annual , and
Annual Interest Rates = y%
Thus, {2498 x [tex](1 + y)^{9}[/tex] }+ {2498 x [tex](1 + y)^{8}[/tex] }+ ........ + 2498 = 62435.61
2498 x [{[tex](1+y)^{10}[/tex]-1} /{(1+y)-1}] = 62435.61
[{[tex](1+y)^{10}[/tex]-1} /{(1+y)-1}] = 62435.61 / 2498
[{[tex](1+y)^{10}[/tex]-1} /{(1+y)-1}] = 24.9942
y = 0.19233 or 19.233 %
∴ Annual Interest Rates = 19.233 %
The return on an investment or the amount of interest due on a loan when compounding is taken into account is the effective Annual Interest Rate.
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