The demand for oranges that will be used to make and sell orange juice is the one that is correct. The demand is most likely derived.
What does the term "demand" mean?Demand in economics refers to a consumer's willingness and desire to purchase products and services at a specific price. When a good or service's price increases, demand often decreases.
Why is demand significant in economics?The interaction of supply and demand is crucial because it determines the prices and availability of the majority of goods and services in a given market. The principles of a market economy dictate that supply and demand eventually achieve balance.
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if you are a bcba about to provide supervision to an individual pursuing national certification in behavior analysis, a contract is required prior to officially starting the supervision relationship. in the contract you should include: a. expectations of the supervisor and supervisee. b. fees, if any. c. frequency of supervision. d. all of the above.
A contract is necessary before formally beginning the supervisory relationship if you are a BCBA preparing to give supervision to an individual obtaining national certification in behavior analysis. You should include d. all of the following in the contract.
Supervision by the Behavior Analyst Certification Board (BACB) is a procedure that happens across numerous elements of a Board Certified Behavior Analyst's responsibilities (BCBA). Individuals holding or pursuing one of the BACB certifications may be supervised by a BCBA, including (a) trainees accruing supervised fieldwork hours in pursuit of BCBA certification; (b) Registered Behavior TechniciansTM (RBTs), who are paraprofessionals certified in behavior analysis to provide direct behavior-analytic services to clients; and (c) Board Certified Assistant Behavior Analysts (BCaBAs), who are undergraduate-level practitioners certified in behavior analysis. Furthermore, BCBAs may supervise noncertified practitioners who are implementing programs under the supervision of a BCBA (e.g., paraprofessionals, job coaches, teachers, behavior technicians).
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now suppose that through an employers' association, firms in this industry establish a monopsony in the hiring of labor. in this case, the wage rate would be
Now suppose that through an employers' association, firms in this industry establish a monopsony in the hiring of labor. in this case, the wage rate will be W1 and L2 workers will be hired
The job marketWorkers normally receive a wage that is higher than their reservation wage, which is the wage at which they are indifferent between working and losing their job, that is, being employed is much more preferred than being unemployed. Wages depend on labor market conditions, ie the fourth lower the unemployment rate, the higher the wages.
The workers have the following dynamics, regarding the behavior of the labor supply: When the salary rises, they increase the labor supply, contrary to the fact that when the salary falls, they lower the labor supply.
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when dealing with variable lead times, it is better to use safety stock than safety time to mitigate the impact of a shortage of any component required for final assembly. true false question. true false
True. Safety stock is a method of inventory management that helps mitigate the risk of shortages by maintaining a reserve of items in case of unexpected delays or other issues that may cause production to be delayed.
Safety time is also a form of inventory management, but it is more focused on planning and scheduling, which is not as effective when dealing with variable lead times. Safety stock is a more effective solution for dealing with variable lead times, as it helps to ensure that components are available when needed.
Therefore, the given statement is true.
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47) the type of lending institutions that focus on short-term business investments and have mostly short-term funds are:
The type of lending institutions that focus on short-term business investments and have mostly short-term funds are b) commercial banks.
Commercial banks are lending institutions that specialize in short-term business investments and have mostly short-term funds available.
These banks offer a range of services including loans, lines of credit, and other financial products to help businesses meet their operational goals. The funds provided by commercial banks can be used for capital investments, debt refinancing, and other business activities.
Commercial banks offer a variety of loan terms for businesses and can be a great resource for companies looking for short-term financing solutions.
Commercial banks are also able to provide longer-term financing for larger investments, such as real estate and equipment purchases.
Although a part of your question is missing, you might be referring to this question:
The type of lending institutions that focus on short-term business investments and have mostly short-term funds are:
a) S&Ls.
b) commercial banks.
c) life insurance companies.
d) mortgage companies.
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marcus employs a real estate broker, dean, to sell his house. dean's express powers are to advertise and market the house for sale, show the house to prospective buyers, and accept offers from persons who want to purchase the house. he is not allowed to complete a deal without marcus's consent. marcus goes away on a month-long trip where he cannot be contacted. during this time, a short circuit in the house causes a power outage. dean uses his authority to hire an electrician to repair the circuits and restore electricity in the house. marcus then comes back and pays dean for the electricity repair. what is the nature of the agency that dean used to fix the electricity problem in the house?
The nature of the agency that Dean used to fix the electricity problem in the house is implied authority.
Implied authority is the power that an agent has to perform acts that are reasonably necessary to carry out the express powers given to them. In this case, Dean was given express powers to advertise, market, show and accept offers for the house, but not to complete a deal without Marcus's consent.
During Marcus's absence, the power outage in the house was a necessary step to maintain the house's marketability and salability, therefore, it was a reasonable act that Dean could take in order to carry out his express powers.
Since Dean acted in good faith, and Marcus ratified the act by paying for the electricity repair, the agency relationship was considered to be one of implied authority.
Specific powers are referred to as actual authority. The ability of an agent to act on behalf of the principal is referred to as apparent authority. Implied authority means that the agent can act in accordance with his or her jurisdiction to perform acts.
What exactly is an agency relationship?
A relationship in which one party appoints another to perform tasks on their behalf is known as an agency relationship. An agency relationship is defined as a partnership between a principal and an agent in which the principal delegated authority to the agent to act on the principal's behalf. A typical example of an agency relationship is the hiring of a lawyer to handle legal work on someone else's behalf. Because of a legal authorization, the agent is able to meet the needs of the principal in this situation.
Because the relationship is regarded as fiduciary, trust and confidence serve as its foundations. To delegate authority to their agent, the principle must have faith in and confidence in them.
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if you have an arm amortized loan of $80,000 with a pi payment of $560, what could happen to your payment if you gave the lender an additional $10,000
If you have a fixed rate amortized loan of $80,000 with a PI payment of $560, what would happen to your payment Your payment would stay the same.
When one party (such as a person or business) freely offers money, its equivalent, or other valuables to another in exchange for services rendered, goods acquired, or the fulfillment of a legal duty, that transaction is referred to as a payment. The term "payee" refers to the party receiving the payment, whereas the term "payer" is usually used to refer to the party making the payment.Bartering is defined as the trading of one good or service for another, or the transfer of anything of value, such as stock, using a check, debit, credit, or bank transfer, whether through mobile payments or another method.Payees typically have the freedom to choose their preferred payment method;
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a company purchased a weaving machine for $223,120. the machine has a useful life of 8 years and a salvage value of $12,000. it is estimated that the machine could produce 754,000 bolts of woven fabric over its useful life. in the first year, 107,000 bolts were produced. in the second year, production increased to 111,000 units. using the units-of-production method, what is the amount of depreciation expense that should be recorded for the second year?
When preparing the year-end adjustment entry, the sum of $4,764 should be deducted from Bad Debts Expense.
The weaving machine bought for $223120 which went through a 8 year depreciation which resulted in,
$12000 x 8= 96000
that implies 223220-96000=127220
later while preparing the year end adjustment entry,
127220-111000=16,220
16220/4=4764
Bad debt costs is an unavoidable cost of doing business with credit-card clients, as there is always a default risk when granting credit.The straight write-off approach keeps track of the exact amount of uncollectible accounts when they are discovered.To adhere to the matching principle, bad debt expenditure must be assessed using the allowance approach during the same period as the sale. The percentage sales approach and the accounts receivable aging method are the two basic methods for estimating a bad debt allowance. The allowance approach establishes a contra asset allowance account, which lowers the net amount of accounts receivable.
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which of the following is an example of barter? question 3 options: a homeowner gives an exterminator a check for $50 in exchange for extermination services. a doctor performs surgery on a patient whose insurance pays 100% of the bill. a barber gives a plumber a haircut in exchange for the plumber fixing the barber's leaky faucet. a parent gives a teenager a $10 bill in exchange for her babysitting services.
example of barter is homeowner gives an exterminator a check for $50 in exchange for extermination services
What is barter ?Barter is an alternative method of trading where goods and services are exchanged directly for one another without using money as an intermediary. It is an old method of exchange. People exchanged services and goods for other services and goods in return.A barter system is known as an old method of exchange. This system has been practised for centuries and long before money was introduced. People started exchanging services and goods for other services and goods in return.When the goods and services of equal value are exchanged between two or more parties without using any form of monetary exchange, this transaction is called the Barter SystemTo learn more about barter refers to:
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starbucks and american airlines recently banned plastic straws for customer use in response to concerns from?
Plastic straws have been disappearing from coffee shops, airlines, hotels and more amid concerns that they frequently wind up as ocean waste, presenting an environmental hazard.
What would you say about an airline?An organization that regularly provides services for shipping goods or people by air is known as an airline. These businesses collectively are referred to as the airline industry, which is also recognized as a sub-sector of the aviation sector and the larger tourism industry.
What two categories do airlines fall under?The routes and schedules of airlines are used to categorize them. Airlines are divided into two main categories: domestic airlines and foreign airlines. Within a nation, domestic airlines offer services. On the other hand, international airlines fly between two or more countries as well as within one one.
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franchisors may send reverse royalties to franchisees who select one: a. have not yet created their own website. b. feel their sales have been hurt by the franchisor's online sales. c. are using e-commerce to expand their sales territory. d. desire to streamline their communication with employees, customers, and vendors.
franchisors may send reverse royalties to franchisees who select one: feel their sales have been hurt by the franchisor's online sales.
Sales are acts that include the selling of goods or the quantity of goods sold over a predetermined period of time. A sale also includes rendering a service in exchange for payment.
The seller or provider of the goods or services completes a transaction when a purchase, appropriation, requisition, or direct interaction with the consumer takes place at the point of sale. A price is agreed upon for which the ownership of the item will pass, and title (property or ownership) of the thing is transferred. The seller frequently completes the deal rather than the buyer, and it could be done before the loan is due.
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jayquan is a broker resolving a conflict between a buyer and seller around how escrow funds should be disbursed. to settle the conflict:jayquan seeks out an independent third party.the parties complete an informal, non-adversarial negotiation process.the conflict is resolved when the parties reach an agreement within 90 days.jayquan and his clients pursued:
Jayquan sought out an independent third party to facilitate an informal, non-adversarial negotiation process that resulted in a resolution of the conflict within 90 days.
Jayquan, as a broker, was responsible for resolving a conflict between a buyer and seller around how escrow funds should be disbursed. To settle the conflict, Jayquan sought out an independent third party to facilitate an informal, non-adversarial negotiation process.
The process involved all parties discussing the issue and coming to a resolution. The resolution was based on understanding the needs of both the buyer and seller, as well as any applicable laws or regulations.
The process included providing evidence, making arguments, and counter-arguments for each position. This process was time-limited and would result in a resolution within 90 days. Once a resolution was reached, both parties agreed to the terms, and the escrow funds were disbursed accordingly.
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a tenant who uses a cane to walk asks his landlord if he can have a designated parking spot close to the building. the parking area has always been first come, first serve. should the landlord accommodate this tenant?
If you suffer harm or become a victim on your landlord's property, your landlord may be held accountable. Find out more about your options and rights.
What causes victim mentality?A victim is someone who has suffered because of the deeds or opinions of another person, or because of bad circumstances. Victim mentality is a common trait in those who have gone through trauma or difficult times but haven't learned healthier coping mechanisms. As a result, individuals start to believe that they have little control over their circumstances in life and adopt a pessimistic outlook on it. not taking ownership of your own life. being overly cautious with other individuals and overreacting to little issues
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a buyer signs a contract to acquire a real property interest in georgia. before signing this agreement, the buyer is given a public offering statement. this document provides the buyer with complete property information, as well as a seven-day right to cancel after receiving this info. this type of property would most likely be a
this document provides the buyer with complete property information, as well as a seven-day right to cancel after receiving this info. this type of property would most likely be a : time-share
A timeshare is a piece of property with shared ownership or usage rights (also known as vacation ownership). These assets are frequently resort condominium flats where several parties have rights to utilise the area and each owner has a limited amount of time to use it. A "right to use" interest, which has no legal claim to the real estate, may be offered for sale in place of a lease, a portion ownership interest, or a unit. The ownership of timeshare programmes is diverse and has changed over time. The term "timeshare" was initially used in the UK in the early 1960s in order to expand upon a vacation system that became well-liked after World War II.
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Consider a proposed project that has the following costs and benefits. Using linear interpolation, what is the project's simple or conventional payback period?Year Costs Benefits0 $40001 20002 $15003 15004 15005 23006 2300A. 6.58 yearsB. 4.65 yearsC. 3.98 yearsD. 5.41 years
We calculated the project's simple or traditional payback period at (B) 4.65 years using linear interpolation.
Amount received in years two, three, and four equals $1500.
The amount received in years five and six equals $2300.
6000 is the required payment (4000 + 2000).
The total amount paid for the second, third, and fourth years was 1500 + 1500 + 1500.
1500 is the balance (6000 - 4500).
5th year payment amount is 2300.
1500 must be paid out of the total of 2300.
The time needed to achieve 1500 equals 1500/2300, or 0.65.
4 years plus 0.65 years is 4.65 years.
The proper response is therefore option B, 4.65 years.
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a gambler promised a man great wealth if he plays cards with him. the cards are numbered 1,2,20 each time, the man picks up an even numbered card the garribler doubles the money. which the man has and the man, should return rs. 8 to the gambler and if the man picks up an odd numbered card, then there is no transaction. the man readily agrees the deal and starts playing. after four rounds, the man gets disappointed about the deal and stops playing and pays his last rs 8 to the gambler the man's pockets were empty and the gambler goes cheerfully (assume that the man picked up even-numbered card in every round he played.) question: with how much money did the man start playing?
Two players are picked at random to wager on a game of cards. After being eliminated from the competition, the loser gives the winner his entire winnings.
What is the wagering amount?
The wager amount is the sum of money utilised to place the bet. When discussing casino bonuses, it can also refer to the total amount of money you need to gamble before you can withdraw your winnings. A wagering requirement is the amount of wagering necessary to cash out your whole account balance. If you have $100 in your account, but $50 of that is bonus money, you must complete the wagering requirement before you can withdraw any of that money.
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Basic Parts of a Budget Income (accounts receivable) sales fixed Expenses (accounts payable) investments variable.T/F
A cash budget is a projection of an organization's financial inflows and outflows for a given time frame. This budgeting method could be used for any time period from one week to one year.
A company's ability to stay in business over the course of the budgeted time period is evaluated using this plan. An organization's cash budget can shed light on its cash requirements (and surplus, if any) and guide it toward a more judicious use of cash.
A company's cash budget estimates weekly, monthly, quarterly, or annual cash inflows and outflows. A cash budget helps a company decide if it has enough cash to operate.
A cash budget also shows a company its financial needs and surpluses, helping it assess its cash management. Cash budgets might last weeks to months or years. Optimizing cash flow requires managing revenues and expenses.
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suppose the economy is initially producing on the ab production possibility curve (ppc). how will the ppc respond if there is a rightward shift in the long-run aggregate supply? (2 points)
The economy's overall output will therefore increase in response to an increase in resource availability, which will lead the production possibilities curve (PPC) to shift to the right.
The production possibilities curve (PPC) is what.The production possibilities curve (PPC) graph shows every potential output combination that can be produced utilising the resources and technologies at hand. The production possibilities frontier (PPF), sometimes known as the PPC, represents scarcity and tradeoffs. Imagine if a nation produces 20,000 oranges and 120,000 apples per year. On the figure, that is point B. It can't grow more oranges if it keeps producing the same amount of apples. The graph shows that Point C can only make 85,000 apples from 45,000 oranges. Production-possibility frontiers, production possibility curves, production possibility boundaries, or transformation frontiers are all terms used to describe a curve that shows many possible combinations of the amounts.
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Purchasing power parity is used to compare the gross domestic product betweenO BusinessesO ConsumersO Stock marketsO Countries
Purchasing power parity (PPP) is a method of comparing the relative purchasing power of different currencies by adjusting for differences in the cost of living and inflation rates between countries. Thus Countries are the correct answer.
This allows for a more accurate comparison of the economic output of different countries since exchange rate fluctuations can make a country's GDP appear larger or smaller than it actually is.
PPP is used by economists and international organizations to make cross-country comparisons of GDP and living standards. PPP can be used to compare the GDP of countries in order to measure the relative economic prosperity of different nations. It is also used to compare the prices of goods and services across countries and to estimate the exchange rate that would be needed to make the purchasing power of different currencies equal.
Additionally, it can be used to compare the standard of living and the well-being of people in different countries, it is an important tool in international economics, development studies, and strategic planning.
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true or false: when an allocation of resources maximizes total surplus, the result is said to be efficient
Efficiency is defined as "maximizing overall surplus when resources are allocated," and this assertion is TRUE.
What is efficient?Efficiency is defined as the maximization of total profit through resource allocation.
Some of the potential advantages of trade between buyers and sellers are not realized if an allocation is not efficient.
In more mathematical or scientific terms, it refers to the level of performance that uses the fewest inputs to provide the greatest quantity of output.
The ability of a certain application of effort to produce a specific product with the least amount of waste, expenditure, or extra work is frequently specifically mentioned.
Efficiency encompasses a wide range of inputs and outputs from a variety of fields and industries.
Therefore, efficiency is defined as "maximizing overall surplus when resources are allocated," and this assertion is TRUE.
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A grocer old 25 fewer kilogram on the firt day than on the econd. On the third day, he old 2/7 of the kilogram that had old in both the firt and econd day. How many kilogram did he ell on the firt econd and third day
Jerome Bruner's Concept of Development is predicated on the idea that learning occurs best when it occurs in a three-step process that moves from concrete to abstract.
What is the basic idea behind development?Development is a multifaceted process that involves the rearrangement and reorientation of the entire system of economy and society rather than being merely an economic occurrence. Three equally significant parts make up the process of development, which seeks to enhance the quality of the all human lives.
What are the four main developments?Children endure considerable expansion and growth in all four learning stages during the initial five years of their existence. These include mental, emotional, verbal, and communication, as well as physical and motor skills. A kid's capacity for cognition, curiosity, and problem-solving is referred to as cognitive development.
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which of the following statements about intermediate and aggregate planning is/are true? multiple select question. aggregate planning is independent of other strategic business decisions. aggregate planning decisions define the framework in which operating decisions will be made. aggregate planning is based on a master schedule. it is included in business plans along with long-term planning.
The framework for operating decisions is established by decisions made in categories B and D of aggregate planning. Along with long-term planning, it is a part of business plans.
Which of the following aspects should I consider while choosing an aggregate planning strategy?A reliable demand prediction for the medium-term horizon. Raw material, labour, inventory planning, and other financial considerations related to manufacturing costs. Labor management, quality management, and other organisational policies.
What are the top three aggregate planning techniques?Level Strategy: The objective of an aggregate planning strategy is to maintain the same level of production and labour force.
Chase Strategy :You are pursuing market demand, as the name of the strategy suggests.
Hybrid Strategy: There is a third option that combines the first two tactics.
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Which of the following customer relations methods is specifically being used when companies do not use short cuts to get their product out to market quickly, and instead focus on ensuring the customer will be happy over time with the product?
Client relationship-building has no formula. Relationship-building is an art because client expectations and brand loyalty evolve. Keeping customers for years becomes extremely harder when you want to build long-term partnerships.
New business owners often make the mistake of putting all of their energy into expanding their client base and generating leads. While knowing how to expand your clientele is crucial, it is not the only consideration.
Your current clientele should be treated as valuable as any potential new ones. Indeed, they may be even more crucial in the long run, as the benefits of maintaining a good relationship with customers are substantial.
There are many upsides to establishing and nurturing long-term connections with clients. In fact, the results will more than justify the time, energy, and resources invested.
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currently, one of your employees must walk four minutes to get parts that he then assembles in two minutes. if you rearrange stockpiles to cut his walking time to two minutes, how much more can he produce?
He can produce 50% more.
It is obvious that if the time spent on walking is reduced by half then the production would also increase by half.
Realistic production rates are essential in calculating fair contract times for construction projects because they indicate how much work was completed over a certain time period.
A manufacturing organisation may put out more products in less time by shortening production cycle times, which boosts profit margins. Less raw materials inventory is produced as a result of the process's potential to be sped up. And with fewer man hours, labor costs are reduced.
The amount of time it takes to produce a finished good after receiving the necessary ingredients is known as the production lead time.
More merchandise is kept on hand and is in transit as a result of lengthier lead times. Longer lead periods further restrict the supply chain's capacity to respond to fluctuating demand, variability, and uncertainty.
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The equation, 816 = 600(1 9r), represents the amount of money earned on a simple interest savings account. solve for r.
According to the equation, r has a value of 0.04. Option A is the right response, so that is what it is.
Use an illustration to describe simple curiosity.The amount of simple interest (S.I.) is calculated by multiplying a given principal sum by the applicable interest rate. For instance, if a person borrows Rs. 5000 at a rate of 10 p.a. for two years, the interest they pay is S.I. on the borrowed money.
There is an explanation of the difference between simple interest and compound interest.Simple interest is frequently a set portion of the principal borrowed or lent that is paid or received over the course of a particular period. Borrowers must pay this because compound interest accrues and is added to the interest already earned from earlier periods along with the principal, pay interest on interest.
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makes a human capital resource valuable to the organization? group of answer choices gut feelings intuition rarity predictions
Human capital resources are significant to a company because they have skills, expertise, and experience that may be utilized to provide value to the company.
Human capital is the monetary value of a worker's experience and abilities. Education, training, intellect, skills, health, and other attributes desired by employers such as loyalty and punctuality are all examples of human capital. As such, it is an intangible asset or attribute that does not (and cannot) exist on a company's balance sheet. Human capital is expected to boost output and hence profitability. The higher a company's investment in its personnel, the more productive and profitable it will be. Human capital is critical to a business since it is commonly stated that a firm is only as good as its people from the top down. It is often administered by the human resources (HR) department of a company, which is in charge of staff acquisition, management, and optimization.
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in addition to your dream job, suppose you also took up freelance work which helped you earn an additional $7,000 per year. how many years would it now take you to reach to the salary level you desire to earn?
The capacity of a company (or group of companies) to increase and sustain prices above the level which would prevail in the absence of competition is referred to as market power.
What are the advantages of a salary?Salaried workers benefit from the stability of predictable payments and typically earn more money overall than hourly workers. They frequently have easier access to remuneration, bonuses, and paid time off. Some businesses prevent hourly workers from working overtime in order to reduce costs.
Why is that salary good?Why is a competitive wage important? You may grow professionally and personally by making a solid pay. From a personal perspective, having a higher-than-average wage can allow you to meet all of your essential necessities while having extra money for personal expenses.
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which of the following best describes the balance sheet? multiple choice it includes the amount of revenues minus expenses for the period. it includes three primary categories of cash flows. it provides information pertaining to a company's economic resources and the sources of financing for those resources. it provides information pertaining to a company's liabilities for a period of time.
A balance sheet provides information on the financial assets and funding sources of a corporation.
What does the term balance sheet mean?Whether it be a single proprietorship, a commercial partnership, a company, a private limited liability company or another form of organization like a government or whether institution, a balance sheet is an evaluation of the financial position of an entity in financial accounting.The balance sheet, a snapshot financial record, lists a company's assets, debt, and equity as at the end of an accounting period. Both firm owners and financiers regularly use balance sheets to evaluate the overall fiscal viability of their companies.The balances of the three regular accounts, liabilities, and equity—are shown on a balance sheet, also known as a statements of financial status.Option C is the right response, thus. It gives details on a business's financial resources and indeed the sources of funding for those resources.
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The complete questions is:
Which of the following best describes the balance sheet?
A. It includes the amount of revenues minus expenses for the period.
B. It includes three primary categories of cash flows.
C. It provides information pertaining to a company's economic resources and the sources of financing for those resources.
D. It provides information pertaining to a company's liabilities for a period of time.
Identify which of the following is not a property of the Normal probability density function or state that they all are.Question content area bottomPart 1Choose the correct answer below.A. It is symmetric about its mean.B.The highest peak occurs at x=μ.C. The mean, median, and mode are all equal to the same value.D. These are all properties of the Normal probability distribution.
After reading the provided alternatives, it can be concluded that all are the properties of the normal probability distribution. Therefore, the option D holds true.
The significance of the normal probability is that the distribution of such probability is done with an intention of identifying the chances or the odds of happening or non-happening of an event. Moreover, a probability distribution has a mean, a median, and a mode, which have an equal value, if they are the also similar in their values.
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relative to less successful franchises, how much can successful sports franchises often charge for concessions?
Successful sports franchises often charge for more concessions
What Is a Concession Agreement?A concession agreement is a contract that grants a corporation the permission to carry out a specific activity within the purview of a government or on the premises of another company, subject to certain conditions. Contracts between a concession owner, often known as a concessionaire, and the nongovernmental owner of a facility are frequently included in concession agreements. The concessionaire is given exclusive permission to run their business at the facility for the duration of the agreement and subject to certain restrictions. At their best, concession agreements are a type of outsourcing that enables all parties to take advantage of their comparative advantages.
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Answer: b)more
Explanation:
Which of the following regarding proxies must be provided to customers if they hold their securities at a member firm in street name?[A] Copies of red herrings of any secondary offering conducted by the issuer in the past two years[B] Annual reports published by the issuer[C] Any research report on the issuer that is published by the member firm[D] Any news story published in the media that discusses the proxy
Option B is correct. Clients holding securities of member companies in street name must provide the following in connection with their power of attorney: Annual report issued by the issuer.
A power of attorney is a legally authorized representative to act on behalf of another party, or a form that allows an investor to vote without being physically present at a meeting. Shareholders who do not attend the company's Annual General Meeting (AGM) may vote by proxy and may be voted by another person or by mail.
An agent is an agent legally authorized to act on behalf of another party. A proxy can also allow investors to vote without being physically present at the shareholder meeting. Management ensures that ownership is fully represented by encouraging proxy voting for shareholders unable to attend the Annual General Meeting. A proxy statement is a set of documents containing the information necessary to make an informed vote on an issue facing a company.
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