Market segmentation is the process of dividing a market into distinct groups that have common needs and characteristics. The correct answer would be option D.
Market segmentation refers to organizing potential customers into groups or segments with comparable demands and responses. It helps businesses to target various customer groups who view the entire worth of particular goods and services in a variety of ways.
Market segmentation is a development of market research that aims to pinpoint specific customer groups in order to develop products and branding that appeal to the group. By identifying which items have the best odds of capturing a share of a target market and figuring out the best approach to get those products to market, market segmentation aims to reduce risk. This enables the business to raise its overall efficiency by concentrating scarce resources on initiatives that yield the best return on investment (ROI).
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which of the following are true of mortgages?a.a mortgage is a long-term loan secured by real estate.b.over 90 percent of mortgage loans finance residential home purchases.c.a borrower pays off the principal of mortgage on maturity.d.all of the above are true of mortgages.
A mortgage is a long-term loan secured by real estate, Over 90 percent of mortgage loans finance residential home purchases, and a borrower pays off the principal of the mortgage on maturity. So, the correct option is (d).
What's a mortgage?A mortgage is an agreement between you and a lender that gives the lender the right to take your property if you fail to repay the plutocrat you've espoused plus interest. Mortgage loans are used to buy a home or to adopt plutocrats against the value of a home you formerly enjoyed.
The effects to look for in a mortgage
The size of the loan The interest rate and any associated points The ending costs of the loan, including the lender's, freights The Annual Chance Rate( APR) The type of interest rate and whether it can changeThe loan term, or how long you have to repay the loanTo know more about mortgages, visit:
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go to the st. louis federal reserve fred database, and find data on assets less liabilities, i.e. bank capital (ralacbm027sbog), and total assets of commercial banks(tlaacbm027sbog). starting in january 1973 until december 2021, using the fred graphing tool, calculate the bank leverage ratio and create a line graph of the leverage ratio over this sample (include the graph you created with your submission). given the path of bank leverage over time, what can you conclude about moral hazard in the banking system over the time period considered?
The moral hazard in the banking system over the period of time are the bank leverage will increase and liabilities will also increase.
What is the history of banking?The first prototype banks in the history of banking were the merchants of the world, who lent grain to farmers and traders who transported products between towns. In Assyria, India, and Sumeria, this occurred circa 2000 BCE. Later, during the time of the Roman Empire and in ancient Greece, lenders headquartered in temples provided loans while also taking deposits and handling currency exchange. Evidence of money lending can also be seen in the archaeology of ancient China and India. The wealthy cities of Florence, Venice, and Genoa are among those where many academics locate the historical origins of the contemporary banking system. The Bardi and Peruzzi Families controlled the banking industry in Florence in the fourteenth century, opening branches across much of Europe.
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as a business owner who sells products to customers and a consumer who purchases products from other sellers, dinesh has a deep understanding about the perceived value received when purchasing a good or service. he decides to teach his son, who will eventually take over the business, about this concept. what does dinesh tell his son that he will be teaching him about?
As a business owner who sells products to customers and a consumer who purchases products from other sellers, dinesh tell that he will be teaching his son about perceived value. received when purchasing a good or service.
The perceived value comes down to the price the public is willing to pay for a good or service. Even a snap decision pf perceived value made in a store aisle involves an analysis of a product's ability to fulfill a need and provide satisfaction compared to other products under different brand names.
The perceived value is a customer's own perception of a product or service's merit or desirability to them, especially in comparison to a competitor's product. The perceived value is measured by the price the public is willing to pay for a good or service.
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now that we understand copyright, what would need to change in order for the scenario from the warm-up to be okay?
I would have to draft a creative commons license allowing others to use my work and market products bearing my artwork.
A copyright is a type of intellectual property that, for a specific period of time, grants the owner the sole authority to reproduce, transmit, adapt, display, and perform a creative work. The creative work may take the form of a literary, artistic, musical, educational, or other creation. A copyright is subject to limitations based on public interest considerations, such as the fair use doctrine in the United States. A copyright is intended to protect the original expression of an idea in the form of a creative work, but not the idea itself.
In some jurisdictions, copyrighted works must be "fixed" in a physical form. It is frequently written jointly by several authors, each of whom has a specific set of license or usage rights.
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when a company creates time and place utility by focusing on making products available when they are wanted, with adequate service and at minimum cost, it is engaged in
Time and place utility are created when a company focuses on making products available when they are demanded, with adequate service and at minimum cost, engaging in marketing.
Give a brief account on economic utility.The whole level of enjoyment a person receives from using a specific good or service is known as economic utility.
The four different categories of economic utility are form, time, place, and possession.
The value a consumer obtains from goods or services in a way they genuinely need is known as form utility.Time utility is the provision of goods or services to customers at the time of their demand or necessity.Place utility refers to placing goods or services in places where customers may conveniently obtain them.Possession utility is the use or perceived benefit a customer receives from possessing and promptly using a good or service.To know more about, economic utility, visit :
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a 40-year-old man in the u.s. has a 0.247% risk of dying during the next year. an insurance company charges $280 per year for a life-insurance policy that pays a $100,000 death benefit. what is the expected value for the person buying the insurance? round your answer to the nearest cent. be careful with negative signs.
The expected value is the sum of the gain or loss if an event occurs and the probability of that event. People who are afraid of risk will pay to avoid it. The foundation of insurance is this.
How is expected value calculated?Simply multiply each value of the discrete random variable X by its probability and add the products to get the expected value, E(X), or mean. The formula is as follows: E (X) = = x P (x)
(0.00242)(99725)+(0.99758)(-275) = -$33 is the expected value.
What is expected value to the customer?A customer's expectation of the quality of a company's products or services is measured by customer expectations.
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Which economic measure is the monthly measure of all sales of durable and nondurable goods bought by consumers?.
Retail sales refer to the economic measure of all sales of durable and nondurable goods purchased by consumers.
Retail sales are key macroeconomic metrics used to track consumer demand for finished goods. Consumer purchases of non-durable goods and durable goods are compiled in a report. The retail sales report aids investors and analysts to determine the health of the economy and any potential inflationary pressures that may exist.
Durable goods are consumer goods that have an average life span of over three years. the durable goods are used repeatedly over time. Refrigerators and bicycles are considered durable goods. Nondurable goods are those goods that are consumed in less than three years. The nondurable goods are commonly used one time. Packaged food and laundry detergent are examples of non durable goods.
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a company is considering buying a component part that they currently make. items related to the equipment being used to make the component that are relevant to this decision include blank . multiple select question. annual depreciation charges original cost salvage value alternative uses for the equipment
Annual depreciation cost original cost of alternative uses for equipment salvage value Alternative uses for the equipment salvage value.
Depreciation cost is the process of reducing the total cost gradually from the initial value of the company's assets This depreciation is not carried out in one accounting period. Instead, it is done from time to time according to the useful life of your assets. When you depreciate an asset, you can plan how much money is written off each year, giving you more control over your finances.
The number of years in which you depreciate something is determined by its useful life (for example, a laptop is useful for about five years). For tax depreciation, different assets are sorted into different classes, and each class has its own useful life. If your business uses a different depreciation method for your financial statements, you can decide on the useful life of the asset based on how long you will use the asset in your business.
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At the end of the year 2 accounting period, deyoung company determined that the market value of its inventory was $79,800. The historical cost of this inventory was $81,400. Defazio uses the perpetual inventory method. Assuming the amount is material, how will the entry necessary to reduce the inventory to the lower of cost or market affect the elements of the company’s financial statements?.
The entries required to reduce inventory to a decreased value or marketplace make a company's economic statements by reducing a company's overall assets, gross margin, and internet profit.
Marginal cost refers to the value to provide one additional unit of manufacturing. It is a crucial idea in price accounting as marginal value helps decide the maximum green stage of manufacturing for a production process. It is calculated by determining what costs are incurred if one extra unit is best and what prices are incurred if best one extra unit is manufactured. The relation between marginal cost and inventory is marginal price represents the incremental expenses incurred while generating extra devices of an excellent or service. It is calculated by taking the whole alternate in the price of manufacturing greater items and dividing that through the alternate in the variety of products produced.
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as people age, their human capital can decline due to changes in the marketplace that demand different skills and abilities. one way to boost human capital is to
Both returning to school to pick up a new skill and enrolling in a continuing education program are appropriate.
What is human capital?The knowledge, skills, and health that people invest in and amass over the course of their lives give them the opportunity to realize their potential as contributing members of society.These resources are the collective potential of the populace, which is wealth that can be used entirely or in part to further the objectives of the state or the country. Three categories of human capital are further divided: knowledge capital, social capital, and emotional capital.Human capital development is essential for eradicating extreme poverty and fostering more inclusive societies. This is accomplished by investing in people through good nutrition, health care, quality education, employment, and skills.To learn more about human capital refer to:
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when the values of a set of currencies are set against each other at some mutually agreed on exchange rate, a exchange rate exists.
When the values of a set of currencies are set against each other at some mutually agreed on exchange rate, an exchange rate exists fixed.
What is the exchange rate?Exchange rates are determined by the demand and supply of a particular currency. When demand for a currency is high, the currency's value increases, and when demand is low, the currency's value decreases. Exchange rates can be affected by a variety of factors, such as economic conditions, political stability, and even the weather. For example, a country's currency may strengthen if its economy is doing well but may weaken if the country is experiencing political turmoil.
A fixed exchange rate defines a condition in which the exchange rate of a currency is linked with another currency. The government of a nation maintains a fixed rate of exchange by intervention in foreign exchange.
It can be concluded that, when the values of a set of currencies are set against each other at some mutually agreed exchange rate, an exchange rate exists fixed.
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what is the entry a company records at the time it issues a $1,000, 6% note to one of its employees that the employee needs to repay in 6 months? (select all that apply.) multiple select question. credit notes payable credit cash debit notes receivable debit cash credit interest revenue debit notes payable
The entry a company records at the time it issues to one of its employees that the employee needs to repay in 6 months will be $1,030.
What is company records?In this part, “company records” means registers, indexes, accounting records, contracts, memorandums, records, or other documents that a business is required to keep under these Regulations. ‹ Company records. 995. Over 85% of his music industry is represented by major record labels. Currently, the four major company records are EMI, Sony Music Entertainment, Universal Music Group and Warner Music Group. record types let you categorize data for contacts, accounts, deals, and custom modules so that users with different roles can use and update the data in different ways in CRM. This is made possible by having different field permissions and data ranges for each record type and role.To learn more about company records from the given link :
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the primary reason for an audit by an independent, external audit firm is to group of answer choices satisfy governmental regulatory requirements. guarantee that there are no misstatements in the financial statements and ensure that any fraud will be discovered. relieve management of responsibility for the financial statements. provide increased assurance to users as to the fairness of the financial statements.
The assurance that statements are created in line with accounting principles and concepts increases the assurance that users have regarding the fairness of the statements of financial status provided by the audit company.
How do you offer an acceptable level of assurance?A sufficient amount of adequate audit evidence must be obtained by the auditor in order to minimize audit risk to an acceptable low level in order to attain reasonable certainty. As a result of the possibility that a major misrepresentation will go unnoticed, there is some uncertainty associated with the use of sampling.By assuring users that statements are created in line with accounting principles and concepts, the audit firm can boost users' confidence in the accuracy of the statements of financial condition.The assurance that statements are created in line with accounting principles and concepts increases the assurance that users have regarding the fairness of the statements of financial status provided by the audit company.To learn more about Assurance refer to:
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the costs assigned to the individual assets acquired in a basket purchase are based on their relative:
The costs assigned to the individual assets acquired in a basket purchase are based on their relative: market values.
An asset is any useful resource owned or controlled by means of a business or an financial entity. it's far something that can be used to provide high-quality monetary price. property constitute value of possession that may be converted into coins.
An asset is whatever that has cutting-edge or future monetary cost to a commercial enterprise. essentially, for agencies, assets include the entirety managed and owned with the aid of the organization it is presently treasured or could offer financial benefit inside the future. Examples encompass patents, equipment, and investments.
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abc industries contracts with municipal governments to build bridges, viaducts, and similar engineering projects. if a bridge completed in the prior year by abc industries were to collapse, the company would be exposed to which kind of legal liability exposure?
Bridges, viaducts, and other similar engineering projects are built by ABC Industries through contracts with municipal governments. An illustration of premises and operations would be when workers from ABC Industries damage a taxicab while pouring the foundation for a new overpass.
The general aggregate limit applies to all covered personal and advertising injuries under the standard commercial general liability (CGL) policy, with the exception of injuries or damage caused by the products-completed operations hazard.
Except for the following, Advertising Injury Coverage includes Slander, libel, copyright infringement, or the misappropriation of advertising concepts are all examples of wrongful entry in the advertising industry. Personal Injury includes wrongful entry.
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assume that the currency-deposit ratio is 0.11, the required reserve ratio is 0.05, and the excess reserves to deposit ratio is 0.14. if the monetary base is $6 trillion, find (a) the amount of currency in circulation in trillions of dollars; (b) required reserves in trillions of dollars; (c) excess reserves in trillions of dollars; (d) simple deposit multiplier which ignores leakages; (e) actual money multiplier; and (f) money supply in trillions of dollars. (round all answers to one decimal point)
The bank is only required to retain 10% of its deposits in reserve if the statutory reserve ratio is 10%.
What is the statutory reserve rate?The term "Statutory Reserve Rate" refers to a fraction (expressed as a decimal), the numerator of which is the number one and the denominator of which is the number one minus the total of the maximum reserve percentage (including any marginal, special, emergency, or supplemental reserves) established by the Federal Reserve Board.Statutory Liquidity Ratio, or SLR, is the minimum proportion of deposits that a commercial bank must keep in liquid cash, gold, or other securities. Essentially, it is the minimum amount of reserves that banks must hold in order to extend credit to customers.To learn more about Statutory Liquidity Ratio refer to:
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this year mary received a $200 refund of state income taxes that she deducted on her tax return last year. mary included a total of $4,000 of state income taxes when she itemized deductions last year. what amount of the refund, if any, should mary include in her gross income this year? a) $200 is included because mary itemized her deductions last year. b) $200 is included if itemized deductions exceeded the standard deduction by $200. c) $200 is included because itemized deductions exceeded the standard deduction. d) $200 is included even if mary claimed the standard deduction. e) none of the choices are correct - refunds of state income taxes are not included in gross income.
Option b; $200 is included if itemized deductions exceeded the standard deduction by $200.
A deduction is a cost that can be taken out of a taxpayer's gross income to lower the amount of income that is taxable.
For instance, if you earn $50,000 a year and donate $1,000 to charity, you are qualified to claim a deduction for that amount, bringing your taxable income down to $49,000. An allowed deduction is a term frequently used by the Internal Revenue Service (IRS) to describe a deduction.
American taxpayers can choose between itemising their deductions and taking the standard deduction. It is simpler and involves less paperwork and record-keeping to claim the standard deduction.
Most taxpayers now use Form 1040, which has been updated by the Internal Revenue Service (IRS), which has abolished the outdated 1040A.
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what is the future value of $3,100 in 18 years at an apr of 8.4 percent compounded semiannually? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
The future value of $3100 in 18 years at an interest rate of 8.4% compounded semiannually is $13633.24.
Here, if I take 1.04236, it equals 4.40.
If 1.04236 = 4.39782 is taken, then A = $3100 multiplied by 4.39782 equals $1633.24.
The sum that the lender demands from the borrower in addition to the principal amount is known as the interest rate.
An interest rate informs you of how much borrowing will cost you and how much saving will pay off. Compounding is the process of repeatedly adding earnings to the principal invested in order to cause a sum of money to grow exponentially over time. When interest is calculated, it Compound is done so on the initial principal as well as all of the accumulated interest from prior periods.
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a company has net income of $930,000; its weighted-average common shares outstanding are 186,000. its dividend per share is $0.75 and its market price per share is $94. its price-earnings ratio equals:
The price to earning ratio will be 18.8 with $94 market price per share and $5 earnings per share.
Write a short note on price to earning ratio.The ratio for valuing a firm that compares its current share price to its earnings per share is called the price-to-earnings ratio (EPS). The price multiple or earnings multiple are other names for the price-to-earnings ratio.
Investors and analysts use P/E ratios to assess the comparative value of a company's shares in an apples-to-apples comparison. It can also be used to compare a company to its past performance or to compare broad markets over time or to one another. P/E estimates can either be forecast or trailing (backward-looking).
To solve the question :
Net income (A) = $930,000
Weighted-average common shares outstanding (B) = 186,000
Earnings per share (C) = Net income (A)/ Weighted-average common shares outstanding (B)
= (C = A/B)
= $930,000 / 186,000
Earnings per share = $5
Market price per share (D) = $94
Price earnings ratio = Market price per share (D) / Earnings per share (C)
= (E = D/C)
= $94 / $5
= 18.8
Hence, price earnings ratio is 18.8.
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Jorge has a monthly gross income of $3,500, and his monthly debt payments are: $325 car payment, $290 student loan payment, $930 mortgage payment, and $400 credit card payment. what is his total debt-to-income ratio rounded to the nearest percent?
Answer:
18%
Explanation:
56% is his total debt-to-income ratio rounded to the nearest percent. Thus, option A is correct.
What is debt?
Debt may be defined as the sum that the borrower owes the lender. A debt is an amount of money that has been borrowed over a certain time frame and must be repaid, plus interest. The borrower's way and the effect that affects both the debt's size and its acceptance. A debt trap occurs when a borrower is driven to take out more loans in order to pay off previous ones. A debt trap happens when financial responsibilities outweigh a person's ability to repay loans.
Total debt payment can be termed as the sum of all debt payment
= 325 +290 +930 +400
= 1945
Debt-to-income ratio formula will be termed as
= total debt payment/income
= 1945/3500
= 56%
Therefore, option A is the correct option.
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The question is incomplete, the complete question will be:
Jorge has a monthly gross income of $3,500, and his monthly debt payments are $325 car payment, $290 student loan payment, $930 mortgage payment, and $400 credit card payment. What is his total debt-to income ratio rounded to the nearest percent?
56%
43%
18%
31%
what can cause the market equilibrium price and equilibrium quantity of bacon -- a normal good -- to increase?
With everything else remaining the same, an increase in demand of bacon will result in a rise in the equilibrium price and an increase in supply. When demand declines, the equilibrium price will drop and less will be supplied.
What can cause the market equilibrium price and equilibrium quantity?New equilibrium price and quantity are produced as a result of changes in the factors that determine supply and/or demand. The former price will no longer be an equilibrium when supply or demand changes.
Instead, there will be a shortage or surplus, and as a result, the price will change until a new equilibrium is reached. A rise in demand will result in an increase in a good's equilibrium price and output. Amount provided will exceed quantity required if the market price is above equilibrium, resulting in a surplus.
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elissa is a network technician. she is configuring firewall rules for one of her company's branch offices, which supports online retail sales of the company's products. she is configuring rules to block traffic based on a traditional model but needs to allow a particular type of traffic. what should she allow?
All traffic from port 80 originating from the office's web server, which is in a protected subnet
What is protected subnet ?One system of controlling the security of large networks is to divide them into separate logical network grouping of covered bias called defended subnets. Each defended subnet must be secured by MSSEI managed firewall to insulate the covered bias from public internet and networks hostingnon-covered bias. defended subnets can also host lower protection position bias(e.g., UC P2/ 3 and UC P1 bias) as long as all bias on a defended subnet complies with MSSEI controls needed of the loftiest protection position bias.
In addition, a subnet can not be supposed a" defended Subnet" if it contains systems and operations that grant access solely grounded on an implicit trust. For case, if a UC P4 system is insulated on its own network subnet, but allows access grounded solely on IP address(e.g. poor. rhosts configuration on a Unix system, or NFS train shares that grant access grounded solely on stoner ID or group ID), also the subnet isn't a defended Subnet.
Managed firewall and other networking bias(e.g. routers, switches, etc) used to secure defended subnets must also be secured from physical tampering.
Physical access to network outfit must be defended by a locked door and/ or press.
Physical access to open network anchorages connected to defended subnet must also be defended by a locked door and/ or press. Unused open network anchorages connected to defended subnets should be impaired unless needed for valid business purposes.
Crucial access to network outfit and open network anchorages must be limited to individualities who bear access for valid business purposes.
defended subnets must also not be attached to any wireless network. Specifically
Wireless routers mustn't be physically attached to the any data harborage on the defended subnet, which includes networking bias(e.g. firewalls, routers, switches) connected to the defended subnet.
Covered Bias connected to the defended subnet shouldn't be contemporaneously connected to a wireless network.
still, resource owner and resource custodian must also insure the NAT device complies with the Security Policy for NAT bias
If covered bias live in a defended subnet that utilizes Network Address restatement( NAT) technology.
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caitlin's u.s. firm sold paint additives to japan and in return her company was paid by japan but is also required to purchase plastic products produced in japan with some of the proceeds from the sale of the paint additive. this example demonstrates blank . multiple choice question. bartering franchising counterpurchase licensing
The example given on Caitlin's U.S. firm selling paint additive to Japan and then purchasing some plastic products in Japan is a counterpurchase.
What is a counterpurchase ?In counter-purchasing agreements, the two parties involved in the contract will buy goods from each other. The transactions where they buy goods from each other will not be the same, and this is often done to provide incentive for one party.
In this case, Caitlin's U.S. firm sells paint additives to Japan and then has to buy some plastic items from Japan as well. This shows that this is a counterpurchase.
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you have saved $3,000 for a down payment on a new car. the largest monthly payment you can afford is $450. the loan will have a 12% apr based on end-of-month payments. what is the most expensive car you can afford if you finance it for 48 months? for 60 months? do not round intermediate calculations. round your answers to the nearest cent.
The most expensive car could afford, if the finance it for 48 months and 60 moths is of $20,088.28 and $23,229.77. Part of the principal balance and interest are paid with each payment that the borrower makes.
Loan = Payment × [tex]\frac{(1-(1+0.01)^-^4^8}{y}[/tex]
Down payment = 3000
Monthly Payment = 450
Adjust r for monthly compounding (r) = [tex]\frac{0.12}{12}[/tex]
The most expensive car could afford, if the finance it for 48 months
Loan = 450 × [tex]\frac{(1-(1+0.01)^-^4^8}{y}[/tex]
Loan = 17,088.28
Car price = Down payment + Loan
Car price = 3000 + 17,088.28
Car price = 20,088.28
The most expensive car could afford, if the finance it for 60 months
Loan = 450 × [tex]\frac{(1-(1+0.01)^-^6^0}{y}[/tex]
Loan = 20,229.77
Car price = Down payment + Loan
Car price = 3000 + 20,229.77
Car price = 23,229.77
One of the financial tools that investors employ is a loan. At an agreed-upon interest rate, the borrowed money is repaid in installments. Part of the principal balance and interest are paid with each payment that the borrower makes.Learn more about Interest, here
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a firm producing where price equals marginal cost that has variable costs equaling $60 million; fixed costs equaling $40 million; and revenues equaling $50 million should:
a firm producing where price equals marginal cost that has variable costs equaling $60 million; fixed costs equaling $40 million; and revenues equaling $50 million should be shut down now.
The incremental cost of producing more goods or services, also known as the marginal cost in economics, is the change in the overall cost that results from increasing the amount produced.
It can refer to a small increase in the output of one unit, or it can relate to the rate of change in total cost as output increases by a tiny amount. The marginal cost is the slope of the total cost, or the rate at which it increases with output, and is quantified in dollars per unit as opposed to dollars for the total cost. The difference between average cost, or total cost divided by the number of units produced, and marginal cost is the number of units produced.
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what is the minimum amount of income stephanie should recognize for tax purposes this year if she recognizes $2,250 of income for financial accounting purposes?
If Stephanie recognizes $2,250 in income for financial accounting purposes, she should recognize a minimum of $2,250 in income for tax purposes this year.
Describe tax.Taxes are compulsory payments made by a government organization, whether local, regional, or federal, to people or businesses. Tax revenues are used to fund a variety of government initiatives, such as Social Security and Medicare as well as public infrastructure and services like roads and schools.
Taxes are borne by whoever bears the cost of the tax in economics, whether this is the entity being taxed, such as a business, or the final users of the items produced by the business. Taxes should be taken into consideration from an accounting standpoint, including payroll taxes, federal and state income taxes, and sales taxes.
Calculation:
For her company, Stephanie has chosen to employ the accrual method of accounting. If Stephanie recognizes $2,250 in revenue for financial accounting purposes, what is the least amount of income she needs to recognize for tax purposes this year?
$9000 was the total income over three years.
$9,000 divided by 12 months Equals
=$3,000
$3,000*9/12 is the amount of income that should be recognized.
=$2,250
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lou sends a letter to his niece mary saying that he will give her $5,000 if she does not smoke before she is 25. mary complies, but lou refuses to pay her the money. lou says there was no consideration for his promise. if mary were to sue for breach of contract, how would the court rule? question 22 options: 1) there was no contract, because lou just promised to make a gift. 2) there was a contract, because the promise not to smoke was consideration. 3) there was no contract, because not smoking is not a detriment. 4) there was no contract because there was not a sufficient writing.
The court rule would be that there was a contract, because the promise not to smoke was consideration.
Any violation of the specified terms and conditions of a legally binding contract is regarded as a breach of that contract. Any number of infractions, from late payments to more serious transgressions like the failure to deliver a promised asset, can constitute a breach.
A contract is legally binding and will stand up in court. The victim would typically receive what they were promised if it could be demonstrated that a contract was broken. Punitive damages are infrequently granted for failure to fulfill contractual obligations, and contract breaches are not regarded as crimes or even torts.
When one party disobeys the terms of a contract between two or more parties, that party commits a breach of contract. This includes instances where a contractual obligation is breached entirely, such as when a tenant vacates their apartment without paying six months' worth of back rent, or when it is not fulfilled at all.
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b. how much overhead would be applied to production if 9,000 hours were used in the department during the month? if required, round your calculations to two decimal places and your final answer to the nearest dollar. $fill in the blank d28714fb4fabfc5 1
$49500 overhead applied to production if 9,000 hours were used in the department during the month. Here , is the full attached questions.
Direct labor hours = 9,000 ,10,000 , 11,000
Variable factory overhead cost ( $4.5)
4.5*9000= 40500
4.5*10000=45000
4.5*11000=49500
A flexible budget plan is one where expenditure adjusts or flexes in response to volume or movement changes.
A flexible expenditure strategy is more valuable and complex than a static one. (The static plan amounts remain constant. They remain unchanged from the amounts accumulated at the time the static expenditure plan was established and approved.)
The flexible budget plan will flex because the spending will include a variable rate for each unit of activity rather than a single fixed aggregate sum for costs that vary with volume or movement. Simply put, the flexible spending plan is becoming a more valuable tool for determining an administrator's effectiveness.
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which department of the us federal government provides the most all-inclusive source of information regarding export opportunities? multiple choice question. department of commerce department of homeland security the food and drug administration federal trade regulations office
The department of the US federal government provides the most all-inclusive source of information regarding export opportunities Department of Commerce.
Which U.S. federal government department offers the most comprehensive source of information about export opportunities?The U.S. Commercial Service (CS), a division of the U.S. Department of Commerce's International Commerce Administration, gives businesses a broad range of experience in international trade, whether they are just starting out exporting or looking to grow into new markets.
What federal organization assists American companies in exporting goods created in the country?The United States Department of Commerce's International Trade Administration's trade promotion division is called the United States Commercial Service (USCS).
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longboat, inc., sold a luxury passenger boat from its inventory on december 31 for $2,000,000. it is estimated that longboat will incur $100,000 in warranty expenses during its 5-year warranty period. longboat's tax rate is 30%. to account for the tax implications of the warranty obligation prior to incurring warranty expenses, longboat should:
To account for the tax implications of the warranty obligation prior to incurring warranty expenses, longboat should record a deferred tax asset of $30,000.
The warranty expenses should be documented when the inventory item it covers is sold. When warranty expenses are collected on financial statements but not deducted from income until warranty claims are settled, a deferred tax asset is produced. With a deferred tax asset of $30,000, the entire liability, $100,000, is recorded as an expense. Noting that taxable income exceeds pretax income resulting in a deferred tax asset, it should be noted that this situation will likely reverse (warranty will be paid) in subsequent years.
All tax refunds, credits, losses, or rebates attributable to a taxable period commencing on or before the closing date, as well as prepayments of taxes made on or before the closing date, are referred to as tax assets.
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