Assuming that the taxes are due on a yearly basis, the prorated tax charges would be $ 64.52.
The prorated tax charges would be calculated based on the amount of time the buyer owns the home prior to closing. Under the statutory month method, the buyer would be responsible for the full amount of taxes due for the month of March, as the closing date falls after the 15th of the month.
For example, if the property taxes of $2400 are due on April 1st, then the buyer would be responsible for the full amount of taxes due for the month of March. This amount would be calculated as follows:
Monthly Property Tax: 2400/12 = $200
Time of Ownership: 8 days (March 22nd to March 31st)
Prorated Tax Charges: 8/31 x $200 = $64.52
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for two years, lisa carson was able to pay the premiums on her whole life policy without borrowing. for the past two years, she has borrowed from the cash value of her whole life policy to pay the premiums. last year, she paid $95 of interest on the funds she borrowed. what are the tax implications in this situation? a) the interest expense is tax deductible because it does not exceed $100. b) the interest expense is not tax deductible because it does not exceed $100. c) the interest is deductible because lisa is in the business of continuing her insurance and the interest is deductible business interest expense. d) the interest expense is not tax deductible. explanation the interest expense is not tax deductible because interest on a loan incurred to purchase personal life insurance protection is considered personal interest, which is not deductible. personal loan interest is not tax deductible, regardless of whether the lender is a bank or a life insurance company. lo 2.1.1
(d) The interest expense is not tax deductible because Personal loan interest, which is not deductible, is the interest paid on a loan taken out to buy personal life insurance. Whether a personal loan is being taken out from a bank or a life insurance business, the interest paid on the loan is not tax deductible
What is Personal Loan?
Personal loans are a form of closed-end credit with specified monthly payments (e.g., three, four, or five years). Personal loan interest rates are represented as a percentage of the amount borrowed (principal).
Banks must first borrow money for themselves, either from other banks or from the deposits of their customers, before they may offer loans. The expense of borrowing money from a bank and the inherent risk of lending money when there is no assurance that it will be returned is reflected in the interest rate on a personal loan.
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the net asset value (nav) of an open-end investment company is $22.20 and its sales charge is 8%. what is the public offering price?
23.976 is the public offering price The price at which fresh issues of stock are made available to the public by an underwriter is known as the public offering price (POP).
Underwriters must choose a public offering price that will appeal to investors because the primary objective of an initial public offering (IPO) is to raise capital. The POP is the total of the sales fee and net asset value that an investor stock must pay in order to invest. NAV + SC = POP is the equation used to calculate the POP. The net asset value of the mutual fund is multiplied by the sales charge to arrive at the POP, or public offering price.
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in the presence of asymmetric information part 2 a. efficiency in risk bearing cannot be achieved. b. no contracting will take place. c. all contracts are efficient. d. a tradeoff exists between risk bearing efficiency and production efficiency.
Certain transactions on involving a seller and a buyer have asymmetric information, which allows one party to exploit the other. This frequently occurs when an item is sold.
Which bearing is the most effective?Bearings, roller
The races support the weight of the load while enabling the rolling parts to roll smoothly. Even more so than ball bearings, roller bearings excel at supporting significant radial stresses.
Do ball bearings boost productivity?Low-friction ball bearings help drive systems operate more quietly and with greater energy efficiency. This kind of bearing's reduced heat generation also contributes to a longer service life.
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Which of the following statements is not true about a 2-for-1 stock split?
A. Par value per share is reduced to half of what it was before the split.
B. The market value of the stock will probably decrease.
C. Total paid-in capital increases.
D. A stockholder with 5 shares before the split owns 10 shares after the split.
Option c. Total paid-in capital increases are the correct answer. The stock's market value might decrease a true statement because of the times two issued shares had been reduced par value that affects its price.
The board of directors is the one to decide on stock splits. One of the reasons is to increase the corporation's issued and outstanding shares.
During the stock split, the total paid-in capital is not affected because the total is still the same before and after.
Option A. Par value decreases is a true statement. For example, before the stock split, the issued shares were 10,000, and the par value was $5, so the total is $50,000. After a 2-for-1 stock split, the issued shares become 20,000 (10,000 x 2), so the par value is = $50,000 / 20,000 = $2.50 per share, which is half of the original $5.
Option B. The stock's market value might decrease a true statement because of the times two issued shares had been reduced par value that affects its price.
Option D.5 shares become ten shares is a true statement because a 2-for-1 means one share will become two. So, five shares will become ten shares (5 x 2).
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fairview farms distributes coupons to encourage the purchase of its free-range eggs. which imc channel is fairview using?
Sales promotions, IMC channel uses coupons or rebates to encourage the purchase of a product or service.
A marketing communication tool known as a sales promotion is used to boost sales by offering distributors, salespeople, or customers incentives or added value for a limited time. Special offers, displays, demonstrations, and other one-time sales tactics that aren't part of the regular routine are all examples of sales promotion activities. These tools can be used to promote purchases to customers, merchants and other distributors, or even the manufacturer's own sales team.
Companies communicate about sales promotions using a variety of media, including printed materials like posters, coupons, direct mail pieces, and billboards; radio and television commercials; and digital media like text messages, emails, websites, and social media.
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the primary difference between the aggregate demand curve and an individual demand curve is that:
a. The aggregate demand curve represents total planned expenditures on all goods and services while an individual demand curve represents a signle good or service.
b. a change in real balances will shift an individual demand curve but not the aggregate demand curve.
c. a change in the price level will shift the aggregate demand curve but not an individual demand curve.
A single good or service is represented by an individual demand curve, whereas the total planned expenditures on all goods and services are represented by an aggregate demand curve.
What is the individual demand curve's symbolism?The quantity that each household requires at various prices is represented by an individual demand curve. It can also be described as the individual demand schedule's graphical representation. It can be developed by observing consumer behavior in response to price changes.
What does the aggregate demand curve represent and what is it?The total amount spent on domestic goods and services at each price level is depicted by an aggregate demand curve. An illustration of an aggregate demand curve can be found below. The horizontal axis depicts real GDP, and the vertical axis depicts price level, just like in an aggregate supply curve.
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When should new approaches be anchored in an organization's culture?
O Culture should not be changed because SAFe respects current culture
© Cuiture change needs to happen before the SAFe implementation can begin
© Culture change comes right after a sense of urgency is created in the organization
© Culture change comes last as a results of changing work habits
The new methods ought to become part of the corporate culture when the SAFE workforce is put in place. Senior management must embrace change & take the initiative.
What do we mean organization?A cooperative group of individuals is known as an organization. A business, neighborhood group, nonprofit organization, or union are some examples. The term "organization" can be used to describe a person, a team, a company, or the growth of anything. An organization is a structured group of individuals, such as a business, nonprofit, political party, or club. Most of these specialty schools are managed by nonprofit institutions. an International Labor Organization report. The terms group, company, party, and body are all synonyms. Additional words for arranging
Why is organization important?However, maintaining structure can improve your health and contribute to more comfort and satisfaction. Your life can become chaotic if you are unorganized. Despondency and heightened tension could result. In addition to being a cause of dust buildup and mold growth, disorganization can pose a fire danger. Organization enables the best possible utilization of both financial and human resources. It not only aids in the proper assignment of jobs to competent personnel, but it also makes sure that no time or resources are lost due to duplication of efforts.
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Which of the following is not a typical way that a company would duplicate a competitive advantage? O Acquiring the new technology O Copying the business operations. Hiring away key employees. Carrying large product inventories.
Carrying large product inventories is not a typical way that a company would duplicate a competitive advantage.
A company's overall plan, or corporate strategy, is both the darling and the laughingstock of modern management thought. The first is due to CEOs' obsession with diversification since the early 1960s, while the second is a result of the lack of a nearly universal agreement on what corporate strategy is and how a firm should create it. A business is simply a collection of activities carried out to create, manufacture, promote, provide for sale, and support its product. Its objective is to create items whose value exceeds their initial manufacturing cost. Profits can be thought of as the additional value.
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counts accounting beta is 1.3 and its tax rate is 25%. if it is financed with 21% debt, what is its unlevered beta? do not round intermediate calculations. round your answer to two decimal places.
The Unlevered Beta value is 3.81
What does "unlevered beta" mean?Unlevered beta, also known as asset beta, gauges a company's market risk without taking debt into account. By "unlevering" a beta, the risk associated with the assets of the company alone is isolated from the financial implications of leverage. Or how much of the company's risk profile was attributable to its equity.How to calculate unlevered beta?Where:
BL is the firm's beta with leverage =1.3
Tc is the corporate tax rate = 25%
D/E is the company's debt/equity ratio = 21%
Unlevered Beta = (Beta with leverage) /(1+(1-tax rate % )*(debt ratio)
= 1.3 / (1+ (1-0.25) * (0.21)
=1.3/ 1.75 *(0.21)
=1.3 / 0.367
=3.81
The Unlevered Beta value is 3.81
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when riley, a physical therapist, prescribes stretches and exercises to his patients, he is communicating externally. (True or false)
When Riley, a physical therapist, prescribes stretches and exercises to his patients, he is communicating externally: True.
What is communication?Communication can be defined as a strategic process which involves the transfer of information (messages) from one person (sender) to another (recipient or receiver), especially through the use of semiotics, symbols, signs and network channel.
What are the types of communication?Generally speaking, there are two (2) main types of communication and these include the following;
External communication.Internal communication.In conclusion, an external communication is a types of communication that typically involves sharing information (messages) with people that are outside of your business organization.
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what does a break-even point of 100 units mean to a firm?
The break-even point is the point at which total cost and total revenue are equal, If the company sells 100 units, its total revenue equals its total costs.
The break-even point is the position at which total cost and total revenue are equitable, implying that your small business has no loss or gain. In other phrases, you've reached the point where the production costs equal the revenues for a commodity.
Discovering your break-even point would then allow you to price your products more effectively. Pricing involves a lot of psychology, but understanding the way it will influence your sales and profits is just as crucial. Especially when it comes to making sure you could indeed pay all of your bills.
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what are some arguments in favor of continuing government support of citigroup? discuss who would be hurt by the bank's failure. is the failure of citigroup different from that of other firms? does the government have people to manage such a global finance enterprise?
What are counterarguments in favor of letting the bank fail? Discuss concepts of free markets and capitalism that create competition and allow unsuccessful firms to fail.
Does bailing out large global banks cause them to take excessive risks on the theory that they are "too big to fail"?
Why the govt. shouldn't have let the bank fail?
Failure of Citigroup would have shook up the global financial markets as it is amongst the top leaders in the banking system. But bailing it out led to an infusion of $40 bn in the form of capital considerations and more than $300 bn in form of guarantees which was the tax payers’ money. Against this protection Citigroup gave the government warrants to buy the shares in the company. The company was slowly heading to the path of bankruptcy because of the mortgage losses and the in general the slowdown of the US economy. Letting Citi go bankrupt would have made the investors all around lose hope on the US Financial markets. Bear Sterns and Lehman Brothers were not bailed out and was allowed to go bankrupt but, that was because there financial situations were way more complex and risky for the US Fed. The risk that resulted by the failure of Lehman's incompetence was less compared to the threat Citi's bankruptcy would have had on the global markets.
Concept of Free Market and Capitalism
Free markets are markets where there is unobstructed competition and the buyers and sellers are free to buy and sell anything and everything. Capitalism is an economic and political system where the firms are free to compete with each other and the markets are driven by profits rather than the states. So, a privately owned economy which supports free and capitalist markets are pro-competition and believe in the concept of 'survival of the fittest'. Incompetence in a highly competitive market leads to failures and therefore, involvement of the govt. is very necessary for a capitalist market. They act as protectors so that if a firm is 'too big to fail' then, they try everything possible to not let that happen because that shakes the faith of the common man on the financial markets.
Too Big to Fail?
Bailing out large banks can be a very risky deal for the govt. at times. This is the reason, the Fed didn’t bail out all the financial institutions during the recession. Big names like Lehman Brothers, Bear Sterns and AIG had to go bankrupt because the Fed didn’t think that they could afford to bear the risks that would have had come on the way if these firms were bailed out. A detailed analysis of the financial and economic scenario of a firm is decided before talks of bailing it out begin. Bailing out banks like JPMorgan, Citi, Barclays etc. did possess a lot of threats and risk which can still be seen in the financial performance of the US but, letting them go could have created more chaos in the financial and banking systems of US. These banks were 'too big to fail'.
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What are counterarguments in favor of letting the bank fail?
Discuss concepts of free markets and capitalism that create competition and allow unsuccessful firms to fail.
Does bailing out large global banks cause them to take excessive risks on the theory that they are "too big to fail"?
Why the government shouldn't have let the bank fail?
The failure of Citigroup, one of the major players in the banking system, would have rocked global financial markets. But the bailout injected $40 billion in stock acquisitions and more than $300 billion in his guarantees. These are taxpayers' money. In defiance of these protections, Citigroup issued warrants to the government to purchase shares in the company. The company was slowly heading toward bankruptcy due to mortgage losses and a general slowdown in the U.S. economy. Investors around the world will despair of the US financial markets if Citi goes bankrupt. Bear Sterns and Lehman Brothers were not bailed out and allowed to go bankrupt because the Fed's financial situation was much more complex and risky. The risk of Lehman's incompetence failing was less than the threat Citi's bankruptcy posed to world markets.
Concept of Free Market and Capitalism
A free market is one where competition is unimpeded and buyers and sellers are free to buy and sell. Capitalism is an economic and political system in which firms compete freely with each other and markets are governed by profits rather than the state. A privately owned economy that supports free and capitalist markets therefore promotes competition and believes in the concept of “survival of the fittest”. Incompetence in a competitive market leads to failure and government intervention. Very necessary for the capitalist market. They act as guardians to ensure that if the company is too big to go bankrupt, they will do everything in their power to prevent this from happening. This is because it undermines public confidence in financial markets.
Too Big to Fail?
Bailing out big banks can be a very risky business for governments. sometimes. This is why the Fed didn't bail out all financial institutions during the recession. Big companies like Lehman Brothers, Bear Stearns, and AIG went bankrupt because the Fed didn't think they could afford the risks that would arise if they were bailed out. A detailed analysis of the company's financial and economic scenario is determined before bailout negotiations begin. Bailouts of banks such as JP Morgan, Citi and Barclays introduced many threats and risks that are still visible in US financial performance, but letting go of them caused further disruption to the US financial and banking system. It's possible.These banks were "too big to bust."
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harold bought a new jacket at the department store for $84.79 and charged it to his credit card. the credit card company charges the department store a fee of 2.75% of the amount charged. how much will the credit card company pay to the department store?
The credit card company will pay an amount totaling to approximately $82.45 to the department store after deducting its fees of 2.75% of the transaction amount.
For the information provided above, the computation of the amount to be charged by the credit card company as its fees to the department store for a purchase of $84.79 will be calculated as below,
Credit Card Fees = Transaction Amount – Fees
Credit Card Fees = 84.79-2.75%
Credit Card Fees = 84.79 -2.34
Credit Card Fees = 82.45
Therefore, the credit card company will pay $82.45 to the department store.
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simone owns a purse and wallet store on the border of france. due to price discrimination, she can buy birkin bags in italy at a lower cost than purchasing them from her local french supplier, so every six months she drives to italy and buys these bags to resell at her store. what is this an example of?
Arbitrage is the simultaneous buy and sale of the same or comparable asset in different markets in order to income from tiny variations in the asset's listed price.
It exploits short-lived editions in the charge of same or comparable monetary gadgets in different markets or in distinct forms.
Why is arbitrage illegal?Arbitrage is now not illegal with the aid of itself, but it does have dangers related with it. These consist of allocating capital poorly. You may want to enter into contracts incorrectly. This may want to end result in the shopping for or selling of an asset at an negative price
Arbitrage takes place when a safety is purchased in one market and concurrently sold in every other market, for a greater price. The brief rate distinction of the equal asset between the two markets lets traders lock in profits.
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https://brainly.com/question/17188572#SPJ4if 8000 dollars is invested in a bank account at an interest rate of 7 per cent per year, find the amount in the bank after 11 years if interest is compounded annually:
Interest is easiest to calculate as a proportion of the principal.
What do you think of as interest?Interest is the cost you incur when borrowing money or when lending it out. Interest is typically expressed as an every year percentage of loan amount. This percentage is also referred to as the interest rate alone on loans.
How is interest put to use?For example, if you leased $100 at 5% percent, you would have to pay the lender $105 in payback. The loan provider will make $5. Throughout your life, you may discover various kinds of interests. Every loan has a unique lending rate, which will have an impact on how much you ultimately owe.
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Which of the following statements about GDP is correct?
(i) Nominal GDP values production at constant prices, whereas real GDP values production at current prices.
(ii) Nominal GDP values production at market prices, whereas real GDP values production at the cost of the resources used in the production process.
(iii) Nominal GDP consistently underestimates the value of production, whereas real GDP consistently overestimates the value of production.
(iv) Nominal GDP values production at current prices, whereas real GDP values production at constant prices.
The correct statement about GDP is (iv) "in contrast to nominal GDP, which values production at current prices, real GDP evaluates production at constant prices."
What is Gross Domestic Product?Gross domestic product (GDP) is a more useful indication of the economy than gross national product (GNP), which is primarily used to understand the total income of a country's population within a given time period.
It is also possible to quantify the contribution of each industry or sector to the overall GDP.
A region's per capita GDP is derived by dividing its GDP by its entire population.
Real GDP rates production at constant prices as opposed to nominal GDP's valuation of production at current prices.
As the adage goes, "the world's most potent statistical measure of national development and progress."
Therefore, the correct statement about GDP is (iv) "in contrast to nominal GDP, which values production at current prices, real GDP evaluates production at constant prices."
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A company's strategic vision concerns why the company does certain things in trying to please its customers. what future actions the enterprise will likely undertake to outmaneuver rivals and achieve a sustainable competitive advantage. management's story line of how it intends to make a profit with the chosen strategy. a company's directional path and future product-customer-market-technology focus. Management's strategic vision for an organization charts a strategic course for the organization ("where we are going") and outlines the company's future product-customer-market-technology focus. spells out how the company will become a big moneymaker and boost shareholder value. describes in fairly specific terms the organization's business model, strategic objectives, and strategy. addresses the critical issue of "why our business model needs to change and how we plan to change it."
The strategic vision is the direction of the concern about what needs to be done and keeps a focus on future. Hence option D.
Both the questions are similar but the difference is that company provides a strategic vision but management charts the course. In simple words, management does what the company wishes to achieve. That is why option A.
Strategic visions are the ideas of what to do and where to go. They are generally communicated to every employee to seek their contribution to the goal.
Now the important thing here to discuss is strategic vision is the path and the idea on how to follow that path implying the activities company would undertake.
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which concept is describes the view that a company should sense and respond to the target customer by planning around their downstream customers?
The term "demand chain" is preferable because it implies a sense-and-respond approach to the market.
At the organizational level, sense-and-respond entails establishing an open and honest two-way conversation between an organization and the stakeholders it serves. It requires both leaders and employees to listen to the market authentically and respond with integrity and speed.
The customer centre, sense-and-respond philosophy underpins the marketing concept. Sense and response in this context entail connecting functional processes with an immediate flow of coherent information, maximizing the effectiveness of each individual supply chain process, and allowing the entire process to be optimized.
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the herfindahl-hirschman index (hhi) is the sum of the squared market shares of the four largest firms in an industry. true false
"The Herfindahl-Hirschman index (HHI) is the sum of the squared market shares of the four largest firms in an industry." The above statement is false.
What is Herfindahl-Hirschman index?In order to assess market competition before and after merger and acquisition (M&A) deals, the Herfindahl-Hirschman Index (HHI), a popular indicator of market concentration, is frequently utilized.
The index assesses the degree of competition and the size of the company in relation to the size of the industry. The market share of each company engaged in the market competition is squared before the resulting figures are added to determine the Herfindahl-Hirschman index. It might be anything between 0 to 10,000, with lower numbers indicating a less crowded market. The Herfindahl-Hirschman index is a widely used indicator of market competition. It is computed by squaring each company's market share in a market, then adding the resulting figures.
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ATM SOFTWARE DEVELOPERS Statement of Cash Flows For the year ended December 31, 2021 Cash Flows from Operating Activities Net income Adjustments to reconcile net income to net cash flows from operating activities: Net cash flows from operating activities Cash Flows from Investing Activities Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities Net increase (decrease) in cash Cash at the beginning of the period Cash at the end of the period $ 2,205 7,755 $ 9,960 Listed below in random order are line items to be included in the statement of cash flows. Cash received from the sale of land (no gain or loss) Issuance of common stock Depreciation expense Increase in accounts receivable Decrease in accounts payable Issuance of long-term notes payable Purchase of equipment Decrease in inventory Decrease in prepaid rent Payment of dividends Net income Purchase of treasury stock $ 8,520 12,750 5,400 3,960 1,695 16,170 39,540 1,410 840 6,249 11,100 2,550 Cash Flows from Operating Activities Adjustments to reconcile not income to nel cash flows from operating activities Net cash flows from operating activities Cash Flows from Investing Activities Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities Net cash flows from operating activities Cash Flows from Investing Activities Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities Cash at the beginning of the period Cash at the end of the period
Cash flows statement for ATM Software Developers is:
Cash Flows from Operating Activities
Net Income $11,100
Adjustment to reconcile net income to net cash flows from operating activities
Depreciation expense 5,400
Increase in accounts receivable (3,960)
Decrease in accounts payable (1,695)
Decrease in inventory 1,410
Decrease in prepaid rent 840
Net cash flows from operating activities $13,095
Cash Flows from Investing Activities
Sale of land $8,520
Purchase of equipment (39,540)
Net cash flows from investing activities $(31,020)
Cash Flows from Financing Activities
Issuance of common stock $12,750
Issuance of long-term notes payable 16,170
Payment of dividends (6,240)
Purchase of treasury stock (2,550)
Net cash flows from financing activities $20,130
Net increase (decrease) in cash $2,205
Cash at the beginning of the period 7,755
Cash at the end of the period $9,960
Let's discuss each part of the cash flows statement.
Cash Flows from Operating Activities
In this part, depreciation expense is recorded in positive amount because the company already eliminate the amount from the asset value. Increase in accounts receivable and decrease in accounts payable are both decreasing the amount of cash recorded. Decrease in inventory recorded as positive amount with decease in prepaid rent.
Cash Flows from Investing Activities
Sales of land increases the amount of cash, meanwhile purchasing new equipment decreases the amount of company cash.
Cash Flows from Financing Activities
Issuance of common stock and long term notes payable increase the amount of cash. Meanwhile paying dividends and purchasing treasury stock decrease the amount of cash.
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true or false: the amount you can recover with collision insurance is limited to the wholesale value of your vehicle.
Hence, the amount you can recover with collision insurance is limited to the wholesale value of your vehicle is false.
What is collision insurance?
Collision insurance is a type of auto insurance that pays the insured for damage to their own car that was caused by the insured driver's negligence. To protect drivers in the event of damage from a collision, this kind of insurance is sometimes acquired as an addition to a normal automobile policy.
Collision insurance, as the name suggests, compensates the insured for harm caused by a real collision. Vandalism and theft-related damage are not covered by it. Additionally, even if the other driver was at fault, it does not cover damage that is paid for by their own insurance.
For your vehicle to be protected against the financial loss that results from physical damage to your vehicle, collision coverage is crucial. Accidents can happen to anyone at any time. Every time an accident occurs, someone is to blame, and that someone may be you.
Hence, the amount you can recover with collision insurance is limited to the wholesale value of your vehicle is false.
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selective exposure refers to a. remembering inputs that support personal feelings and beliefs and forgetting those that do not. b. admitting only certain inputs into consciousness. c. the process of selecting, organizing, and interpreting information inputs to produce meaning. d. the circumstances or conditions that exist when a consumer is making a purchase decision. e. targeting only certain parts of the total market.
Selective exposure refers to admitting only certain inputs into consciousness.
Selective exposure is a phenomenon in which people decide to concentrate on information in their environment that is consistent with and supports their present attitudes in an effort to prevent or lessen cognitive dissonance.
A psychology concept known as "selective exposure" has historically been used to describe people's propensity to favor information that supports their preexisting beliefs while avoiding information that is incongruent. It is frequently utilized in media and communication studies.
As a result, the worry or fear that is frequently associated with cognitive dissonance is lessened since it helps us avoid it. Selected exposure, though, almost never has positive outcomes.
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which type of event would be planned two to five years in advance with the destination being a determining factor in the planning process?
Association events would be planned two to five years in advance with the destination being a determining factor in the planning process.
Give a brief account on event management.A small- or large-scale personal or business event, such as a festival, conference, ceremony, wedding, formal party, concert, or convention, can be created and developed using project management techniques.Prior to the event's launch, it is necessary to do brand research, identify the target audience, develop the event concept, and coordinate the technical aspects. The events industry today includes a variety of events, from the Olympics to business breakfast meetings. Numerous companies, famous people, nonprofit organizations, and interest groups host events to market their products, strengthen business relationships, raise funds, or celebrate achievements.
Event planning is the term used to describe the process of organizing the event. It can involve planning a budget, scheduling the event, choosing a location, obtaining the required permits, organizing parking and transportation, booking speakers or performers, arranging decor, arranging event security, arranging catering, coordinating with outside vendors, and developing emergency plans. Each event has a unique nature, so depending on the kind of event, the planning and execution processes vary.
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10.Carrying insufficient quantities of inventory on A) would not affect the company's profitability B) may result in lost sales. C) has little effect on customer satisfaction. D) will increase the costs of carrying inventory. 11 Inventory shipped FOB shipping point and in transit on the last day of the year should be included in: A) the inventory balance of the seller. B) the inventory balance of the buyer. C) neither the inventory balance of the buyer or the seller. D) both the inventory balance of the buyer and the seller. 12 Acme Company's balance sheet shows three inventory accounts-raw materials, work in 13 process, and finished goods. Acme Company must be a: A) manufacturer. B) merchandiser. C) service business. D) wholesale distributor. Goods placed in inventory are initially recorded at: 14 A) market value. B) the amount paid to acquire the asset. C) the amount paid to prepare the asset for sale to customers. D) the amount paid to acquire the asset and prepare it for sale. 15.When a company sells goods, it removes their cost from the balance sheet and reports the cost on the income statement as A) Selling Expenses. B) Cost of Goods Sold C) Finished Goods Inventory. D) Inventory
Option B is correct. Carrying insufficient quantities of inventory on may result in lost sales.
Inventory or stock alludes to the items and substances that a business holds for the excess motivation behind resale, fabricating, or utilization. Inventory the board is a region generally roughly indicating the structure and site of supplied merchandise. It is required at restrictive spots inside an office or inside many spots of a conveyance local area to go before the normal and conscious bearing of assembling and stock of substances.
Stock, stock or canvases in framework (or works of art underway) has been drawn out from creation designs to supplier organizations and activities, through summing up the definition to be "all compositions inside the means of assembling - all canvases this is or has occurred past to the last bit of assembling". With regards to an item fabricating framework, stock alludes to all compositions that has occurred - uncooked substances, part of the way finished stock, finished stock past to deal, and takeoff from the delivering framework. With regards to administrations, stock alludes to all artworks completed past to deal, for example, incompletely framework data
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an increase in the money supply shifts the long-run aggregate supply curve to the right. a. true b. false
True, an increase in the money supply shifts the long-run aggregate supply curve to the right.
What is money ?Money refers to a commodity that is generally accepted as an economic medium of exchange. It is a medium for expressing prices and values. It circulates from person to person and country to country, facilitating trade and becoming a major measure of wealth. The four different types of money classified by economists are commercial money, fiduciary money, fiat money, and commodity money. Money whose value is derived from the commodities that make it up is known as commodity money. The word money comes from the Latin moneta meaning "coin" via the French monnaie. The Latin word is believed to have originated from the temple of Juno on the Capitoline Hill, one of his seven hills in Rome. In ancient times, Juno was often associated with money.To learn more about money from the given link :
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Which of the following refers to concept of economic growth?A. Increase in per capita productionB. Increase in per capita real incomeC. Structural change in the economyD. All of the above
Correct option is D. An expand in the quantity of items and services produced per head of the populace over a duration of time is referred to as monetary growth. It includes make bigger in per capita production, per capita actual income and structural trade in economics.
What is economic boom per capita?GDP growth (GDP per capita growth) Short definition. GDP per capita is the sum of gross fee added via all resident producers in the financial system plus any product taxes (less subsidies) no longer covered in the valuation of output, divided by mid-year population.
How is financial increase measured?Economists use many exclusive strategies to measure how speedy the economic system is growing. The most frequent way to measure the economy is real gross domestic product, or actual GDP. GDP is the whole price of the entirety - goods and offerings - produced in our economy.
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https://brainly.com/question/1690575#SPJ4suppose that the required reserve ratio is 3.00 %. what is the simple money (deposit) multiplier? round to two decimal places.
The required reserve ratio is 3 % so the Money multiplier = 33.33
The money multiplier formula is:Money Multiplier = 1 / Reserve Percentage
where reserve ratio = 3%
= 0.03 (given)
Money multiplier = 1/0.03
Money multiplier = 33.33
Now, will raising the reserve ratio raise or lower the money multiplier?Check the money multiplier values for different reserve ratios to see patterns.
Reserve rate 4%, 5%, ..
Money multiplier = 1/0.04
= 25
Money multiplier = 1/0.05
= 20
The money multiplier is declining, as evidenced by the rising reserve ratio.
What is a Simple Deposit Multiplier?
A deposit multiplier is the maximum amount a bank can make for each unit it holds as a reserve. The deposit multiplier is the percentage of the amount deposited in the bank that can be borrowed. This percentage is usually determined by reserve requirements set by the Federal Reserve.
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purchased $43,600 of merchandise from van industries, invoice dated march 1, terms 2/15, n/30.
Gabel Company, terms n/30, purchased $1,230 in office supplies on credit on March 3. March 3: Sold merchandise on credit to Linda Witt for $10,200 (cost is $5,800), Invoice Number 855. March 6 Signed a long-term note payable with Federal Bank to borrow $82,000 in cash.
March 9: Purchased $21,850 in office equipment from Spell Supply on credit, terms n/30. March 10: Sold merchandise on credit to Jovita Albany for $5,600 (cost is $2,900), Invoice Number 856. March 12: Received payment from Min Cho for the March 2 sale, minus the $336 discount. March 13: Van Industries check number 416 was sent in payment of the March 1 invoice, less the $872 discount. March 13: Received payment from Linda Witt for the March 3 sale, minus the $204 discount. Purchased $32,625 in merchandise from the CD Company on March 14, terms 2/10, n/30. March 15: Paid sales salaries for the first half of the month with check number 417 for $18,300, payee Payroli. 15 March Cash
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a machine, acquired for a cash cost of $21,875, is being depreciated on a straight-line basis of $2,500 per year. the residual value was estimated to be 20% of cost. the estimated useful life is:
the residual value was estimated to be 20% of cost. the estimated useful life is 2500= 21875-4375/x = 2500= 17500/x , x = 7
Thus, estimated useful life is 7 years.
What is residual value?
One of the components of a lease calculus or operation is residual value. It expresses the absolute future worth of a thing in monetary terms, and it is occasionally expressed as a percentage of the original purchase price.
An automobile is sold today for the advertised price of $20,000. Its value is legally set at $10,000 or 50% after 36 months of use and 50,000 kilometers. The credited amount, to which interest is applied, is therefore equal to $20,000 in current value less $10,000 in present value.
Contractually, residual values are handled either through closed contracts or through open contracts.
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if a british businessman sells u.s. government securities to a u.s. buyer, how will this item be entered in the balance of payments?
When a British businessman sells American government securities to an American customer, this transaction be recorded in the balance of payments then It will appear in the financial account as a decrease in the U.S. assets held by foreigners.
British businessman are often known for their shrewdness and determination. They are often very successful in their chosen fields and have a reputation for being able to get the best deals. Dealing with the American government could be difficult.
British businessmen are often very well-educated and are often able to speak multiple languages, which helps them to do business in many different countries.
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