Answer:
The first and most significant disadvantage of a franchise is the fact that the franchisee has no control of the business or how it is run (or very limited control). The rules of the business are already established and part of the franchise agreement.
Individuals can differentiate themselves by making human capital investments, just as a firm can differentiate itself by paying higher wages.
A. True
B. False
Answer: True
Explanation:
Human capital refers to the skills, health and knowledge that people invest in which allows them to realize their potential.
Individuals can differentiate themselves by making human capital investments. This enables them standout from others just exactly as a firm can differentiate itself by paying higher wages.
A joint stock company is an artificial person, created by law having a separate legal existence with a perpetual succession and a common seal. justify?
Answer: See explanation
Explanation:
joint-stock company is a business that is being owned by its investors, such that the share owned is based on the stock that been bought.
In a joint stock company, it should be noted that the members are liable for the debts of the company only based on the extent of the amount that they've contributed.
At least one shareholder owns the joint stock company and it's managed by at least one director. In the case of death or disability, the life of the company won't be affected which indicates the perpetual succession.
A decrease in the money supply may __________ total expenditures and thus __________ aggregate demand.
Answer:
Lower; lower.
Explanation:
The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.
The buying and selling of bonds government owned by the Federal Reserve (Fed) is generally referred to as open market sales.
An open market sale of U.S. Treasury securities by the Fed will cause the Banking System's balance sheet not to show a net change in liabilities or assets but only a change in the composition of assets with securities increasing while causing a decrease in the reserves of thecountry.
Basically, an open market sales increase money supply and as such making more money to be in circulation and in the economy
However, a decrease in the money supply in a country may lower total expenditures and thus lower (decrease) aggregate demand of goods and services for the population.
Answer:
A decrease in the money supply may lower total expenditures and thus lower aggregate demand.
A financial institution near you advertises itself as especially oriented towards educators and teachers. What is the category this institution would most likely fall under
Answer:
Credit union.
Explanation:
A credit union can be defined as a non-profit making financial cooperative that is typically controlled by its members (employees, church groups, labour unions etc) and it is saddled with the responsibility of providing financial services like the traditional banks to employees such as teachers, educators, nurses, etc.
Generally, the profit made from the amount of money that is being deposited by the members of a credit union are usually returned to the members as a form of better interest rates. Some examples of credit unions are SchoolsFirst Credit Union, New York University Federal Credit Union, Consumers Credit Union, etc.
In this scenario, a financial institution advertises itself as especially oriented towards educators and teachers. Thus, the category this institution would most likely fall under is a credit union because it's not run like businesses that is after making profit i.e it's a non-profit business established to assist employees with their finances.
Answer:
Credit union
Explanation:
Credit union is the category this institution would most likely fall under.
Determine which of the items below would show up on a monthly bank statement. (Check all that apply.)
Checks and other debits decreasing the account during the period
Deposits and other credits increasing the account during the period
Checks that the company has written, but have not cleared the bank yet
Beginning-of-period balance in the account
End-of-period balance in the account
Checks and other credits decreasing the account during the period
Answer:
Deposits and other credits increasing the account during the period.
End-of-period balance in the account.
Beginning-of-period balance in the account.
Checks and other debits decreasing the account during the period.
Explanation:
A bank's monthly statement may be described as document showing transaction details which occurred on a bank account during a specified period of time. The monthly statement will include balance or amount in the account at the beginning of the period. The record of deposits and inflow of funds or credits in the account. The monthly statement will also include outflow, which are withdrawals and debits occurring on the account at the specified period of time. Also, the statement will include the balance at the end of the specified period of time.
Answer:
beginning of period balance in account
End of period balance in account
Withdraws and other decreases to the account during the period
Deposits and other increases to the account durning the period
For a negative externality, the __________________________ than the costs imposed on society as a whole. private costs of an action are less social costs of an action are less private benefits of an action are more social benefits of an action are more
Answer:
private costs of an action are less
Explanation:
A good has negative externality if the costs to third parties not involved in production is greater than the benefits. A good has negative externality when private costs of an action are less the costs imposed on society as a whole.
An example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced.
Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.
Government can regulate the amount of externality produced by placing an upper limit on the amount of negative externality permissible
Coase theorem has been proposed as a solution to externality. According to this theory, when there are conflicting property rights, bargaining between parties involved can lead to an efficient outcome only if the bargaining cost is low
Another solution to negative externality is through the activities of charities. Charities can raise donations to limit or regulate the activities of firms that constitutes a negative externality.
The three types of buying situations Question 18 options: are theoretical and have little relation to what happens in the real world. suggest that B2B sellers should develop one marketing mix to use for all situations. require business sellers to be consistent in their marketing mixes. create confusion among B2B sellers. call for different marketing and selling strategies.
Answer:
call for different marketing and selling strategies.
Explanation:
Remember, the three types of buying situations are;
new buys,modified rebuys, andstraight buys.For example, in the new buy situation, a single organization is the first to buy a particular product or service, Hence, we would expect the provision of more product and service descriptions than in a straight rebuy situation where the organization is already familiar with the products and just simply reorders an existing product or service from preferred suppliers.
Expliquen la siguiente frase:
El mero crecimiento económico no es suficiente para terminar con la pobreza y preservar el medio ambiente
Answer:
Efectivamente, el mero crecimiento económico no es suficiente para terminar con la pobreza y preservar el medio ambiente, sino que dicho crecimiento debe ir acompañado de un desarrollo estructural que contemple el acceso igualitario a los distintos servicios por parte de la sociedad, así como también el establecimiento de controles sanitarios y medioambientales que preserven el bienestar de los individuos en el marco del desarrollo de las actividades económicas.
If a lender makes a consumer home loan in violation of the law, the borrower may bring an action within _____ years after the date the violation occurred.
Answer:
This chapter may be cited as the "South Carolina High-Cost and Consumer Home Loans Act".
HISTORY: 2003 Act No. 42, Section 1, eff January 1, 2004, and applying to loans for which the loan applications were taken on or after that date.
On August 1, 2021, Turner Manufacturing lends cash and accepts a $17,000 note receivable that offers 2% interest and is due in nine months. How would Turner record the year-end adjustment to accrue interest in 2021
Answer:
850
Explanation:
Turners manufactring accepts $17,000 as receivable
The interest is 2%
The year adjustment can be calculated as follows
= 17,000×0.02×5/2
= 17,000×0.02×2.5
= 850
Martina arrives for her first day at a new job. The hiring manager, Francisco, takes her on a tour of the building, introducing her to her new co-workers and showing her where the kitchen, meeting rooms, and her cubicle are located. After the tour, Francisco leaves Martina in her cubicle with the company's employee handbook, so she can read about the organization's policies and benefits. All these activities are part of
Answer:
orientation
Explanation:
All of these activities are part of orientation. This is the first thing that new employees have to go through after they are hired, when they start their first day on the job. In orientation, someone from the company takes you around the workspace and introduces you to the people that you will be working with as well as gives you a tour of the building. They also explain to you all the important details regarding the company and the position that you were hired to fill. This includes the organization's policies, benefits, precautions, etc. All of which is done so that you become familiar with how the company functions.
RST Company produces a product that has a variable cost of $6 per unit. The company's fixed costs are $30,000. The product sells for $10 per unit. RST desires to earn a target income of $20,000. The sales level in dollars to achieve the desired target income is $ .
Answer:
the sales level in dollars to attain the target income is $125,000
Explanation:
The computation of the sales level in dollars to attain the target income is given below:
= (Fixed cost + target income) ÷ (selling price - variable cost) ÷ selling pric e
= ($30,000 + $20,000) ÷ ($10 - $6) ÷ $10
= $50,000 ÷ 40%
= $125,000
Hence, the sales level in dollars to attain the target income is $125,000
You are obligated to do anything you can to lawfully win an advantage for your buyer. This is an example of which fiduciary duty
Answer:
Loyalty
Explanation:
Fiduciary responsibility is a form of obligation one owes another.
A fiduciary duty refers to when a person or entity places trust, confidence, and reliance on another to exercise expertise in acting on the client's behalf.
The fiduciary(the person who has the dity) must willingly accept that trust and confidence. He must always act in the interest of the beneficiary.
Fiduciary responsibilities:
1. The duty of care
2. The duty of loyalty
3. The duty of obedience
developing a Business idea based o a passion to be self employed to utilize a skill or to meet market demand is the stage of
a.market research
b.conceptualization
c.creating the operational plan
d.planing
goods taken by the proprietor for domestic purpose of Rs.15000
Journal entries
plz help me
Explanation:
Given:
Amount of goods taken by proprietor = Rs. 15,000
Find:
Journal entry
Computation:
Books of (.... ltd)
Journal entry
Particular Debit Credit
Drawing A/c Dr 15,000
To Purchase A/c Cr 15,000
(Being goods taken by proprietor for personal use)
If the maximum loan-to-value ratio that a lender will accept on a house costing $100,000 is 80%, then the borrower must make a down payment of at least: Group of answer choices $100,000. $80,000. $180,000. $20,000. $120,000.
Answer:
$20,000
Explanation:
Calculation to determine what the borrower must make as down payment
Using this formula
Down payment=Cost -(Cost *Maximum loan-to-value ratio)
Let plug in the formula
Down payment=$100,000-($100,000*80%)
Down payment=$100,000-$80,000
Down payment=$20,000
Therefore the borrower must make a down payment of at least: $20,000
All of the following are true about a corporation except: multiple choice a corporation is separate from its owners. a corporation issues bond certificates to its owners. a corporation may be either privately held or publicly held. a public sale refers to selling stock on an organized stock market.
Answer:
a corporation issues bond certificates to its owners
Explanation:
In the corporation, the business entity is separated from the owners, it can be either public or private. Moreover, the public sale means the sale of the stock is to be made on the stock market i.e. organized.
But it does not issued the bond certificate to the owners of the corporation
So as per the given situation, this is not true option
All of the following are true about a corporation except a corporation issues bond certificates to its owners. The correct option is a.
A corporate bond is an instance of debt security that a company issues and sells to investors. The company receives the capital it requires, and the investor receives a predetermined number of payments for interest at either a rate of interest that is either fixed or variable. When the bond "reaches maturity," or expires, the payments come to the initial investment is returned.
The bond is generally backed by the company's ability to repay, which is determined by its future revenue and profitability prospects. Physical assets of the company may be used as collateral in some cases.
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A family with an income of 70,000 receives a raise of 2% in a year when inflation is 5%. Find the decrease in purchasing power.
Answer:
They make 3% less per year
Explanation:
I think this is what you're asking but don't quote me on it
Juniper Company, Inc. uses a perpetual inventory system. The company purchased $9,750 of merchandise on August 7 with terms 1/10, n/30. On August 11, it returned $1,500 worth of merchandise. On August 26, it paid the full amount due. The correct journal entry to record the merchandise return on August 11 is:
Answer and Explanation:
The journal entry is shown below:
Accounts payable $1,500
To Merchandise Inventory $1,500
(being purchase returns is recorded)
here account payable is debited as it decreased the liabilities and credited the merchandise inventory as it decreased the assets
_____ refers to the degree to which the organization monitors and responds to changes in the external environment.
Answer:
open system focus
Explanation:
Using a broader measure of the unemployment rate where discouraged workers and part-time workers who wished to work full time were counted as unemployed, the BLS estimates the unemployment rate in April 2017 would have ________ compared to the measured unemployment rate.
Answer: C) almost doubled
Explanation:
The unemployment rate does not include those who were so discouraged from looking for work that they stopped and those who work part-time jobs even though they don't get much pay.
The Bureau of Labor Statistics estimated that in April 2017, if these two groups of people had in fact being included in unemployment statistics, the rate would have almost doubled. This shows that too many people were either not working in the U.S. at that time or they were not working fully.
To argue that schools should adjust their curriculum so that African, Asian, and indigenous accounts of history be incorporated with equal weight alongside European accounts is to advocate for
Answer:
racial justice and democracyExplanation:
I hope this answer will help you! I know the answer because I actually took this test last year.
Advocates for racial justice and democracy will say that schools should change their curricula so that Native American, Asian, and African historical perspectives are given the same weight as European ones.
What is the significance of racial justice?Prior to the early 1960s, the racial justice of equality was challenging for African, Asian, and Native Americans to achieve equality. Racial equality has, however, recently been included into laws that typically guarantee that everyone has access to equal chances in terms of treatment, education, work, and other facets of life.
It has been demonstrated that racial disparities in educational and economic performance have an adverse effect on the economic security of all Americans, regardless of race, in addition to having an adverse effect on the economic well-being of racial and ethnic minorities.
Therefore, it is racial justice and democracy.
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Which of the following describes the proper treatment of discontinued operations on the income statement.
A. Discontinued operations are included as part of income from continuing operations.
B. Discontinued operations are a separate line item, but tax is applied to total net income.
C. Discontinued operations are a separate line item reported net of tax.
Answer:
C. Discontinued operations are a separate line item reported net of tax.
Explanation:
In the United States of America, the International Financial Reporting Standards (IFRS) and the Generally Accepted Accounting Principles (GAAP) usually considers or acknowledges material losses that are unusual in character incurred by businesses. It is necessary to report items that are unusual in character because it gives auditors or financial experts clarity on which profits or losses are not related to the operation of the business.
Discontinued operations can be defined as the income statement category that is used for reporting a disposal of a component of a business.
According to the GAAP, the proper treatment of discontinued operations on the income statement is that discontinued operations are a separate line item reported as a net of tax.
On the other hand, the income from continuing operations is a net income from an organization's continuous operation.
Earline rented a drilling machine from Quatero Rental Corp. While Earline was drilling as instructed by the product manual, the drill bit snapped and injured her seriously. A thorough examination of the broken drill bit showed that it had a flaw that caused it to snap under intense heat or pressure. Under these circumstances, Quatero will _____.
Answer:
The options are
A. be held liable for Earline's injuries because a bailment for the sole benefit of the bailee was created
B.be held liable for Earline's injuries if it knew of the flaw in the drilling machine when it rented it to Earline, but failed to warn her of the defect
C.not be held liable for Earline's injuries because both Quatero and Earline share mutual benefits from the bailment
D.not be held liable for Earline's injuries because it is a private contract carrier and is held to a lower level of responsibility
The Answer is B. be held liable for Earline's injuries if it knew of the flaw in the drilling machine when it rented it to Earline, but failed to warn her of the defect
The drilling machine having a fault and Quatero Rental Corp. being aware of it and not telling Earline about it means the company is at fault and will be held liable for any form of injury or death it poses. This is because it’s their responsibility to ensure goods and services being rendered are safe for use and consumption and it applies to all companies.
Cafe Italiano pays $70,000 for the trademark rights to a line of specialty sandwiches. After several years, sales for this line of specialty sandwiches are disappointing, and management estimates the total future cash flows from sales will be only $40,000. The estimated fair value of the trademark is now $20,000. What is the amount of the impairment loss
Answer:
the amount of the impairment loss is $50,000
Explanation:
The computation of the amount of the impairment loss is shown below:
Impairment loss = Purchase price of trade marks - Estimated fair value
= $70,000 - $20,000
= $50,000
Hence, the amount of the impairment loss is $50,000
The same should be considered and relevant
Intermediaries in indirect channels of distribution: a. Often perform functions that producers cannot perform efficiently by themselves. b. Do not provide additional convenience to consumers c. Increase the need for producers to make large investments in distribution facilities and personnel. d. Make it necessary for producers to carry more inventories. e. None of these alternatives is correct
Answer:
A. Often perform functions that producers cannot perform efficiently by themselves.
Explanation
indirect distribution channel of distribution can be regarded as one that depends on intermediaries in order to carry out most or all of their functions of distribution , they are regarded as wholesaler. indirect distribution can also be explained as selling of wholesale producys to the agents/retailers in order for them to distribute the product so it can get to consumers. It should be that Intermediaries in indirect channels of distribution Often perform functions that producers cannot perform efficiently by themselves.
WillowWorks LLC, a retail clothing store, has been sourcing its raw materials from a supplier named ThreadTym Corp. for the last five years. A change of management at ThreadTym resulted in an increase of the prices of the raw materials. As a result, WillowWorks purchases ThreadTym so that it can produce these products on its own. This scenario best illustrates ________.
Answer: backward integration
Explanation:
Backward integration refers to a scenario whereby a company purchases another company which supplies the products that are required for production.
Since WillowWorks purchases ThreadTym so that it can produce these products on its own, then this is backward integration.
Bambi is buying a property on an installment sales contract. Due to her financial interest in the property, she retains equitable title. What does the seller retain
Answer:
Legal title
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, etc.
Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement and this is generally referred to as mutual assent
In this scenario, Bambi purchased a property using an installment sales contract.
An equitable title can be defined as the right of an individual to use and enjoy an asset (property) due to his or her financial interest in the asset.
On the other hand, a legal title can be defined as the actual (absolute) ownership of a property that is recognized and enforceable in a court of competent jurisdiction.
Hence, Bambi would retain an equitable title from the purchase of the property due to her financial interest in this property while the owner of the property (seller) retains a legal title.
A contract is defined as an agreement that defines and binds the personally legally. It may involve the exchange of goods and services.
Since he is buying a property on an installment of the sales contract which due to her financial insurers in the property remain entitled is know as the legal title. It represents the actual ownership of the proper and is visible by the public records.Learn more about the due to her financial interest in the property
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4. Consumption as a component of GDP refers to the expenditure of A. banks. B. household. C. producers. D. government.
PLEASE TELL A
B
C
D
A mortgage with low initial payments that increase over time without ever leveling off is a graduated payment mortgage. growing-equity mortgage. second mortgage. shared-appreciation mortgage. equity line of credit
Answer:
growing-equity mortgage
Explanation:
When a person obtains a growing equity mortgage, they have to pay a higher monthly payment every month. These increases must be included in the mortgage contract and they are beneficial if the borrower's income is expected to increase in the future. The interest rate remains the same, it doesn't change.
