The primary objective of economic planning in India is Reducing Inequalities of income.
How is income defined?Wages is the amount of money obtained through employment; income is the entire amount of money obtained, which includes earnings, benefits, pensions, and other types of payments.
How should income be determined?Divide the gross pay (before tax deductions) by the number of pay periods in the year to arrive at the yearly salary. For instance, a worker making $1,500 per week would earn $78,000 a year since 1,500 multiplied by 52 is equal to 52.
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a policy should state that if employees violate a company policy or any law using company technologies, the company will protect them, and the company is liable for the employee's actions. true false
The correct statement is : A policy state that if employees violate a company policy or any law using company technologies, the company will not protect them, and the company is will not be liable for the employee's actions.
The given statement is False.
Liable refers to having (prison) duty for some thing or a person: The law holds mother and father responsible if a infant does now not attend faculty.
A celebration is liable while they are held legally liable for some thing. in contrast to in crook instances, where a defendant may be discovered responsible, a defendant in a civil case dangers best liability.
Susceptible to do some thing probably to do some thing we're all liable to make mistakes when we are tired. The bridge is liable to fall apart at any second. prone to something possibly to be suffering from some thing synonym susceptible you are greater vulnerable to harm in case you exercise once in a while.
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f mega corp. borrows for $9,000 in 2012 and agrees to pay the lender $10,500 in one year, the interest rate on this loan is approximately: 8.6 percent. 14.3 percent. 16.7 percent. not enough information to determine.
Principal Amount = 9,000
Final Amount = 10,500
Interest Amount = 10,500 - 9,000 = 1,500
Interest Percentage = x% of 9,000 = 1,500
x = 1,500 * 100/9,000
x = 16.666 or 16.7
What causes such high interest rates?
In an effort to slow down rapidly rising inflation, the Federal Reserve has begun boosting interest rates. Many people are now wondering why rate increases, which boost the cost of borrowing money, are America's primary instrument for lowering costs in light of these actions. Currently, inflation is being caused by an imbalance in the economy.
What transpires as interest rates increase?Existing bond prices automatically fall on the market when the Fed raises interest rates. This is due to the upcoming release of new bonds that will pay investors greater interest rates.
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you buy one share of stock at $100, and a second share at $150, and a third share at $200. you then sell the stock for $150, the current market price. under average cost basis, what was your unrealized gain?
You buy one share of stock at $100, and a second share at $150, and a third share at $200. you then sell the stock for $150, the current market price under average cost basis, your unrealized gain was zero.
The unrealized gain refers to an increase in the value of an asset, such as a stock position or a commodity like gold, that has yet to be sold for cash. As such an unrealized gain is one that takes place on paper, as it has yet to be realized.
The value unrealized gain in portfolio can fluctuate constantly, which one asset going up in value or another one going down.
If one share of stock at $100, and a second share at $150, and a third share at $200. Then sum of $100, $150 and $200 divided by 3 then average value is $150 then zero unrealized gain.
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Which of the following types of economy describes the economy of the India Mcq? A. Capitalist B. Socialist C. Mixed Economy D. None of the above
The Indian economy is best characterized as a (C) mixed economy.
What is a Mixed Economy?An economic system that combines parts of a market economy with elements of a planned economy, markets with state interventionism, or private enterprise with public enterprise is referred to as a mixed economy.
A blend of free-market and socialist ideals characterizes all mixed economies.
While there is no one definition of a mixed economy, one definition focuses on a mix of markets with state interventionism, specifically referring to a capitalist market economy with strict regulatory monitoring and significant market interventions.
Another is the active fusion of socialist and capitalist ideologies. India has a mixed economy, so there are both governmental and private organizations there.
Therefore, the Indian economy is best characterized as a (C) mixed economy.
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find the break-even point for the firm whose cost function c and revenue function r are given. (round your answers to the nearest whole number.)
The break-even point for the firm whose cost function c and revenue function r are 166.67 .
Calculating the point:The break even point is given when the cost is equal to the revenue.
Thus, R(x)=C(x)
270x = 90x+30000
180x=30000
Thus, x= 30000/180
= 166.67
Hence, y=270 × 166.67
=45000
(x,y) = (166.67,45000)
Break even point:In economics, business, and cost accounting, the "break-even point" is the point at which total costs and revenue are equal, or "even." Even though opportunity costs have been paid and capital has received the risk-adjusted, expected return, there is no net loss or gain and one has "broken even." The point at which the company's total revenue and expenses are equal is known as the breakeven point. This indicates that there is no profit at the breakeven point; It's just zero net.
The impact of the break even point:The equal the initial investment point will increment by any of the accompanying: a rise in the total amount of the firm's fixed costs and expenses. an increase in the variable costs and expenses per unit. a decrease in the selling prices charged by the company.
Question is incomplete Missing part is given below:
find the break-even point for the firm whose cost function c and revenue function r are given:
C(x) = 90x + 30,000
R(x) = 270x
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cash flows from______ activities include both inflows and outflows of cash from the external funding of a business.
cash flows from financing activities include both inflows and outflows of cash from the external funding of a business.
What are cash flows from financing activities?
Cash flow from financing operations refers to the net amount of funding a company generates over a given time frame.
Financial activity includes, for example, the issue and repayment of equity, dividend payments, the issuance and repayment of debt, and capital leasing obligations.
The various transactions that involve the transfer of money from the company to its owners, creditors, or investors in order to achieve long-term growth and economic objectives are referred to as financing activities. These transactions have an impact on the equity and debt liabilities that are shown on the balance sheet; these transactions can be examined through the cash flow from finance section of the cash flow statement of the business.
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which one of the following statements describing brand equity is not accurate? a) it is an asset representing the value created by the relationship between the brand and its customers over time. b) the stronger the relationship with the consumer, the greater is the brand equity. c) it represents the total value that accrues to a product as a result of a company's cumulative investments in the marketing of the brand. d) it can be thought of as an asset representing the value created by the relationship between the brand and its customers over time. e) it is a perception about a brand as reflected by brand associations that consumers hold in their memories.
The stronger the relationship with the consumer, the greater is the brand equity is not accurate describing brand equity.
Just what is a brand?A brand is a concept used in business and marketing to help consumers recognize a specific organization, item, or person. As a result of their intangibility, brands cannot be physically touched or seen. They so assist in influencing how people view organizations, their goods, or particular people.
Describe a brand example.Mountain Dew is a classic example of product branding. The name, color, voice, and personality of Mountain Dew are all unique. Even when the generic product is not present, one can still identify the brand.
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a hospital has not insured itself for malpractice claims with a third-party insurer. which of the following statements best expresses the general rule regarding the reporting of liabilities for malpractice claims on the face of the balance sheet? select one: a. they should be reported only to the extent that judgments and settlements are due and payable. b. they should be reported if it is highly likely that the disputes ultimately will be resolved in favor of the claimants. c. outstanding claims should be described in the notes to the statements; adjudicated and settled claims should be reported if they have not been paid d. they should be reported if it is probable that a loss has been incurred and the amount of the loss can be reasonably estimated.
They should be reported if a loss is likely to have occurred and the amount of the loss may be fairly anticipated expresses the general rule regarding the reporting of liabilities for malpractice claims on the face of the balance sheet.
How should malpractice claims be handled?Entities must recognize liability for the projected total expenses of medical malpractice at the time the occurrence possibly leading to a claim occurs, according to FASB ASC 954-450-25-2. An estimate of this type should be collected as a gross sum, not reduced by prospective insurance reimbursements. Recognizing that you are an imperfect human being who will make mistakes will help you lessen your chances of causing injury and being successfully sued. Begin with effective risk management, based on the old adage of the four Cs: compassion, communication, competence, and charting.
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Which of the following statements is true of alternative dispute resolution (ADR) systems?
a. The parties to a dispute need not present the case to a jury before opting for ADR systems to settle the dispute.
b. ADR systems cannot be used for dispute resolution in contractual relationships unless they are specified in the contract.
c. ADR systems increase the costs incurred during the litigation process.
d. The litigation process precludes the use of ADR systems
The true statements about an alternative dispute resolution (ADR) systems is that the parties to a dispute need not present the case to a jury before opting for ADR systems to settle the dispute. The Option A is correct.
What is an alternative dispute resolution systems?In conflict management, the title "alternative dispute resolution" refers to the different ways people can resolve disputes without a trial. The most Common ADR processes include mediation, arbitration, and neutral evaluation; all these processes are generally confidential, less formal, and less stressful than traditional court proceedings.
Also, the system of alternative dispute resolution systems saves money and speeds settlement. In mediation, the parties play an important role in resolving their own disputes and this often results in creative solutions, longer-lasting outcomes, greater satisfaction, and improved relationships.
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define transformational leadership and explain the four key leader behaviors that constitute transformational leadership.
The "four I's"—idealized influence, inspiring drive, intellectual stimulation, and individual consideration—are the four components of transformational leadership. Each element will be covered in detail to assist managers in implementing this strategy at work.
The followers' levels of maturity and ideals rise along with their concerns for the goal as a result of this change in self-interests. According to the leadership idea of transformational leadership, a leader collaborates with teams or followers to identify needed change, develop a vision to manage the change through influence, inspiration, and execution with the help of devoted group members. It is an essential part of the Full Range Leadership Model. Transformational leadership is when a leader's activities have an effect on followers and inspire them to go beyond what they believe is possible. Through transformational leadership, people are inspired to perform extraordinary or unexpected feats. It gives staff members authority over specific tasks in addition to control.
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why did antilabor feelgings in the united staes grow stronger after the sticke by works from the mccormik harvester company in 1886?
The antilabor feelings in the United States grow stronger as McCormick Harvester Company's striking employees gathered to protest the killings and the start of the previous day.
Seven police officers were killed by a bomb that an unknown individual tossed. Many Americans from the middle class connected the labour movement to terrorism and social issues. The Chicago police and labour union activists were the two main parties involved in the Haymarket Riot.
Thousands of employees from all around the country took part, including those from the Chicago facility of the McCormick Harvester Machine Company. Later, in relation to the Haymarket Riot, a number of additional labour militants were detained. Eight individuals in total were accused, found guilty, and given the death penalty.
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Manager's Hot Seat: Groping For Answers Equal Employment Opportunity Laws Offer Employee Protection Against Discrimination.
Manager's Hot Seat: Groping For sexual harassment
Overt or subtle sexual references, as well as unwelcome and inappropriate offers of rewards in exchange for sexual favours, are all examples of sexual harassment. Sexual harassment encompasses a broad range of actions, from verbal missteps to sexual abuse or assault. Workplaces, families, schools, and places of religion are just a few of the social settings where harassment can occur. A victim or a harasser could be of any sex or gender. Legal restrictions in place today prohibit sexual harassment. Sexual harassment regulations sometimes do not forbid simple teasing, casual remarks, or minor isolated incidents since they do not impose a "universal decency norm." Sexual harassment at work may be considered criminal when it occurs regularly or seriously.
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if a central bank decides it needs to decrease both the aggregate demand and the money supply, then it will: a. follow expansionary monetary policy. b. follow loose monetary policy. c. follow contractionary monetary policy. d. follow quantitative easing policy.
(OPTION A) then it will follow expansionary monetary policy. Government to achieve macroeconomic objectives such as inflation, consumption, growth, and liquidity by managing the money supply and interest rates.
Monetary policy is the actions taken by a country's central bank to control the money supply in order to maintain economic stability. Policymakers, for example, use tools such as interest rates, reserves, bonds, and so on to manipulate money circulation in order to increase employment, GDP, and price stability. Monetary policy in the United States consists of the Federal Reserve's actions and communications to promote maximum employment, stable prices, and moderate long-term interest rates—the macroeconomic goals mandated by Congress.
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which statement about prices is true? prices have just a small inlfuence a companys bottom line price is the sum of all the valus that customers give up on to gain the benefits of having
Price is the sum of all the values that customers give up statement about prices is true.
What is price?
A price is the sum of money that one party pays or receives in exchange for another's goods or services. The cost of production may go by another name in some circumstances. If a product is classified as a "good" in a commercial exchange, its price is most likely to be referred to as such.
Price is the sum of money customers are willing to spend on a thing. Marketers must consider supply costs, seasonal discounts, rival prices, and retail markup in addition to connecting the price to the product's actual and perceived value.
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paul and diana are married and own a home. both of their names are on the mortgage and deed. this is an example of a
Paul and Diana are married and own a home, their names on mortgage and deeds are an example of concurrent estate.
What is a concurrent estate.?Any of the different ways that property is owned by more than one person at once is known as a concurrent estate or co-tenancy in the context of property law. Co-owners are typically two or more people who share ownership of a piece of property. Co-owners of real estate are referred to legally as joint tenants or co-tenants, with the latter term denoting a right of survivorship. Tenancies in common and joint tenancies are recognised in the majority of common law jurisdictions.
Tenancies by the totality, which is essentially a joint tenancy between married people, are also recognised by many countries. The terms "joint tenancy" and "joint tenancy with right of survivorship" are often used interchangeably, although they mean the same thing because every joint tenancy includes the right of survivorship.
Hence, Paul and Diana are married and own a home, their names on mortgage and deeds are an example of concurrent estate.
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which is an example of a market failure? group of answer choices there are not enough tickets available to concerts of extremely popular performers. extensive decreases in the prices of electronic equipment resulted in large numbers of bankruptcies in the computer industry. the price of medical care has risen dramatically as a result of the introduction of sophisticated equipment and techniques. polio shots and chest x-rays provide widespread benefits to the community as a whole as well as to the individuals who get them.
Due to extensive decreases in the prices of electronic equipment resulted in large numbers of bankruptcies in the computer industry is the example of market failure.
What does Market failure mean
Market failure is an economic concept that describes inefficient resource allocation in a given market. It occurs when the market fails to allocate resources efficiently, resulting in an inefficient outcome. This can happen for a number of reasons, including a lack of competition, externalities, information asymmetry, or government intervention. In other words, market failure occurs when the free market fails to produce the most efficient result due to some underlying cause.
What does Bankruptcies mean?
Bankruptcy is the legal process by which a business or individual becomes unable to repay their creditors. It is a court-ordered process in which an individual's or company's assets are liquidated and distributed among creditors in order to pay off debts. Bankruptcies can have serious financial and legal consequences in the long run.
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the degree to which potential customers perceive new products as superior to existing substitutes is its . question 49 options: a) trialability b) compatibility c) relative advantage d) complexity e) observability
(c) relative advantage. Its relative advantage is the extent to which prospective buyers believe new items to be preferable than current alternatives.
In terms of particular advantages or characteristics, relative advantage refers to the extent to which customers perceive a new brand to be superior to current options. A new brand in a new product area may have a relative advantage, but this is not always the case when measured against objective criteria. The adoption rate of an invention is positively connected with the relative benefit. It indicates that, assuming all other factors remain constant, the faster an innovation's relative benefits assimilate to current products, the faster it will be adopted. On the other hand, here are some comparable drawbacks of a new brand: the cost and complexity of learning to use a new product
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during 2007 and 2008, the market for which short-term investment stopped functioning and had to be rescued by the federal reserve?
during 2007 and 2008, the market for commercial certificates for deposit short-term investment stopped functioning and had to be rescued by the federal reserve.
Federal reserveTerms That Are Related The Federal Reserve System, sometimes known as the Fed, is the United States' central bank, in charge of overseeing the country's monetary and financial systems. The Federal Reserve Act of 1913 established the present Federal Reserve System and established the Central Bank to manage monetary policy. The Federal Reserve System (FRS), sometimes known as the Fed, is the United States' central bank and perhaps the most powerful financial organization in the world. It was established to provide the country with a secure, adaptable, and stable financial and monetary system.
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Product Management has content authority for the Program Backlog including: The Vision, the Roadmap, driving the PI Objectives, and what else?
· Managing risk, helping to ensure value delivery, and driving continuous improvement
· Working with business stakeholders and Solution and System Architects to implement holistic technology across Value Streams
· Accepting Stories and team increments
· Establishing Features and benefit hypotheses
What is included in the Inspect and Adapt agenda?
· PI Objectives
· ROAMing risks
· Quantitative and qualitative measurement
· Management review
What is one way Kanbans are used in SAFe?
· To manage runway cadence
· To manage nonfunctional requirements (NFRs) in the backlog
· To manage queue length
· To manage Program Increment (PI) Objectives
How do Product Owners contribute to the Vision?
· By continuously exploring emerging markets
· By establishing Strategic Themes
· By contributing to the portfolio canvas
· By communicating emerging requirements and opportunities
What is the importance of the definition of done?
· It provides a way for Scrum Masters to enforce quality
· It creates standardized work between all Agile Teams
· It prioritizes the work of testers on the team
· It creates a clear understanding of when items are complete
Product Management has content authority for the Program Backlog including, establishing features and benefit hypotheses.
Define Product management.Product management is an organizational role that directs each stage of the lifecycle of a product, from development through positioning and price, with a primary focus on the product and its target market. Product managers represent customers' interests within the company and ensure that the voice of the market is heard in order to create the greatest product possible.
Quantitative and qualitative measurement is included in the Inspect and Adapt agenda.
To manage queue length is one way Kanbans are used in SAFe
Product Owners contribute to the Vision by communicating emerging requirements and opportunities
The importance of the definition of done is that It provides a way for Scrum Masters to enforce quality.
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If commercial, door-to-door shipping is not available for a Governmentwide Commercial Purchase Card purchase to be shipped overseas, the Cardholder must:
1.Cancel the purchase and find a merchant that does offer commercial, door to door shopping
2.Coordinate with their transportation service support office before initiating the transaction
3.None of these responses is correct
4.Ensure approximate shipping information has been provided
If commercial, door-to-door shipping is not available for a Governmentwide Commercial Purchase Card purchase to be shipped overseas, the Cardholder must 2. coordinate with a transportation service support office before initiating the transaction
In the field of business, the Governmentwide Commercial Purchase Card (GPC) is a card that is issued to a business owner to spend revenue from this account to buy any kinds of goods and services that he wants.
For some Governmentwide Commercial Purchase Card's (GPC), the service of delivering products to the doorstep is available. However, if someone used a Governmentwide Commercial Purchase Card that does not have door-to-door shipping, then in such a case, the cardholders need to ask a reliable transportation service to deliver the product for them. Only after the transportation service is sorted, the cardholder should make the purchase. If there is no reliable transportation service, then the transaction should not be made. Hence, option 2 is correct.
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business start-up cost information can be obtained from ________.
Knowledge about startup costs for businesses can be found via consultants, vendor quotes, and market research.
How does a novice launch a business?
run a market analysis. If there is a chance to develop your idea into a profitable firm, market research will tell you. Your company plan should be written. Finance your company. Choose a business structure, a location for your operation, and a name for it. Register your company, Obtain tax identification numbers from the federal and state governments.
Where do the wealthy invest?
The most common investment for millionaires to keep their money for more than 200 years has been real estate. Over the years, millionaires have primarily accumulated and maintained their money through real estate investments.
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5) what risk mitigation or management strategies might the owner consider in trying to ensure the venture remains profitable? (i.e. propose strategies that will correct input(s) that cause npv to go negative). limit your answer to less than 250 words.
There are four typical methods for reducing risk. These frequently include acceptance, transference, reduction, and avoidance.
Why risk management strategy is very important?
An effective risk management program aids an organization in taking into account all potential risks. The relationship between risks and the potential negative cascading effects on the strategic objectives of an organization are also examined by risk management.
An expected net loss for the company is indicated by a project's calculated NPV being negative ( 0). As a result, and in accordance with the law, the company shouldn't move forward with the project.
Therefore, This indicates that the future income will not be worth more than the initial investment.
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in the balance of payments, which of the following is true of the sum of the capital account balance, the current account balance, and the official reserve transactions account balance? group of answer choices this sum must always be zero, because the sum of all surplus and deficit items associated with cross-border transactions must equal zero. this sum is positive only if the u.s. government operates with a budget deficit. this sum is positive only if the u.s. government operates with a budget surplus. this sum is either positive or negative, depending on whether the sum of all surplus and deficit items associated with cross-border transactions is positive or negative.
The trade balance and the capital bank balance total are the genuine statements in the balance - of - payments.
What is the straightforward meaning of capital?A industry and its equipment, trade secrets like patent, or the pecuniary assets of a company or a person are all examples of things that provide value or advantage to their owners and fall within the wide definition of capital.
Briefing :This sum must always be zero, because the sum of all surplus and deficit items associated with cross-border transactions must equal zero.
The current, capital, and official transactions accounts must sum to zero in total, the balance of payments balances.
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the digby company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. suppose at the end of 15 years this plant and equipment can be salvaged for $4,090,000 (1/10th of its original cost). what will be the book value of this purchase (excluding all other plant and equipment) after its first year of use? use generally accepted (fasb) accounting principles.
The book value of this purchase (excluding all other plant and equipment) after its first year of use will be $33,538,000.
Depreciation Expense = (Cost - Salvage Value) / Useful Life =($40,900,000 - $4,090,000) / 15 years = $36,810,000 / 15 years = $2,454,000. Accumulated Depreciation = Depreciation Expense x 3 years = $2,454,000 x 3 = $7,362,000.
Cost = $40,900,000; Less: Accumulated Depreciation = 7,362,000. So, the net book value = $33,538,000.
Property, Plant, and Equipment is a category of long-term assets that is virtually entirely made up of depreciable items. The cost of them will be shown in the balance less the accumulated depreciation.
Generally Accepted Accounting Principles, or GAAP, are guidelines that cover all the specifics, intricacies, and legalities of corporate and business accounting. GAAP serves as the cornerstone for the Financial Accounting Standards Board's (FASB) extensive collection of authorized accounting practices.
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If the Fed wanted to increase the money supply, it would make open market a. purchases and lower the discount rate b. sales and lower the discount rate. c. purchases and raise the discount rate. d. sales and raise the discount rate. To decrease the money supply,
If the Fed wanted to increase the money supply, it would make open market purchases and lower the discount rate
increase in the monetary base has two impacts: it lowers interest rates which attract investment, and it places more cash in the pockets of consumers, who makes them better and stimulates consuming. By reducing the reserve minimum capital requirements, which enable them to lend extra money, the Fed may enhance the monetary supply. The Fed can decrease the supply of money by increasing the deposit requirements for banks, on the other hand. In a discounted future cash flow (DCF) analysis, the interest interest rate that is used to compute the expected cash flows flows. This assists in establishing whether future financial flows out of an investment or project will be value beyond the capital spending required to back the investment or project.
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ra, charlie, and donna acquire title together as joint tenants with right of survivorship. if al dies one month later, and two months later, donna sells her ownership to ed, who are the owners and what is the description of each ownshership interest after donna sells?
The correct answer is that Barbara and Charlie are co-tenant owners with 1/3 stake each and Ed is co-tenant owner with 1/3 stake.
What is a Tenant?
A tenant is a person who signs a lease or lease to occupy someone else's land or property.
In a way, the lease gives the tenant more power, but it also prevents them from claiming full ownership of the property. Basic facilities such as access to electricity and clean water cannot be denied to tenants.
These services cannot be canceled without the tenant paying the rent. Landlords set rents based on current rent rates or on their own. This is because there is no maximum amount that can be claimed as rent.
If the tenant thinks the rent adjustment is unreasonable, he has the right to sue.
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personal selling permits too much wasted coverage. c. there may be inconsistency in the presentation of the message from one salesperson to another. d. a salesperson cannot control to whom a presentation is made. a. presentations often provide little opportunity for consumer feedback. e. personal selling is subject to extensive federal, state, and company regulation.
Personal sales flexibility has several drawbacks. To avoid providing all consumers with a consistent message, different salesmen can alter it.
Explain personal sales.A great spot to observe personal selling in action is in department store perfume and cosmetic sections. Customers can test out various options and get guidance on how to utilize the product. Products with relatively high costs or complex features are usually sold using personal selling techniques.
Are personal sales compensated?Selling agents are independent salespeople who work on a commission-only basis for one or more businesses under contract. A small firm can save time and money by using a selling agent instead of searching for and paying for an internal sales staff.
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six years ago, mr. ahmed loaned $10,000 to a neighbor in exchange for an interest-bearing debt obligation. this year, the neighbor informed mr. ahmed that he was defaulting on the debt. what are the tax consequences to mr. ahmed of this bad debt? multiple choice $10,000 ordinary loss no loss recognized $10,000 short-term capital loss $10,000 long-term capital loss
The tax consequences to Mr. Ahmed of this bad debt is $10,000 short-term capital loss. So, option (d) is relevant.
Give a brief account on bad debts.Amounts of money that a creditor must write off as a result of a default on the side of the debtor are referred to as bad debts. If a creditor keeps track of bad debts, they become uncollectible and are noted as charge-offs. All companies that offer credit to clients must account for the possibility of bad debt since there is never a guarantee that a payment will be made. These companies can determine how much of their receivables may become uncollectible by utilizing either the percentage of sales technique or the accounts receivable (AR) aging method.
Any credit given by a lender to a debtor that has no chance of ever being repaid, in full or in part, is considered a bad debt. Any lender, whether a bank or other financial institution, a supplier, a vendor, or another entity, may have bad debt on their books. Bad debts come to be as a result of the debtor's inability or refusal to pay due to bankruptcy, financial hardship, or negligence. Before deciding that a bad debt is uncollectible, these companies may pursue all available legal and collection options.
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Suppose that the U.S. textile industry is competitive, and there is no international trade in textiles. In long-run equilibrium, the price per unit of cloth is $30. a. Describe the equilibrium using graphs for the entire market and for an individual producer. Now suppose that textile producers in other countries are willing to sell large quantities of cloth in the United States for only $25 per unit. b. Assuming that U.S. textile producers have large fixed costs, what is the short-run effect of these imports on the quantity produced by an individual producer? What is the short-run effect on profits? Illustrate your answer with a graph. c. What is the long-run effect on the number of U.S. firms in the industry?
Trade is a crucial idea for the growth of the economy because it enables nations and organizations to generate income via the sale and purchase of commodities and services. The many norms are created by the country to imply a smooth trading process between the nation.
Price level = $30
According to the above graph, the company is creating q units of output because, at the output level, marginal cost reduces marginal income, with the bottom point denoting profit maximization.
Long-term production yields no economic return for the company, therefore average revenue and average total cost are equal to the firm's output level.
Marginal Cost
Price level = $30
In the short term of production function, textile products are purchased from other nations for $25, which causes decreases in the amount produced by the particular manufacturer.
c) The company will experience losses in the current fiscal year as a result of the product's price decline. The firm will continue to operate over the long term with the participation of fixed costs, and the number decreases consistently until a supplier lowers the supply of product and price.
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micro corp. reported a statutory tax rate of 35% and an effective tax rate of approximately 15%. the current year's income statement reported income tax expense of $2,953 million. what did micro report as income before income tax expense that year? select one: a. none of these are correct b. $1,034 million c. $27,054 million d. $19,687 million e. $8,437 million
Micro report as income before income tax expense that year is $27,054 million.
What is income ?Income refers to the consumption and savings opportunity that a business captures within a specific time frame, usually expressed in money. Income is difficult to define conceptually and definitions vary by region. The term “revenue” generally refers to the transfer of money, property and other values received over a period of time in exchange for services or products. Income is defined according to the context in which the concept is used. Income is money received by an individual or business in exchange for doing work, producing goods or services, or investing capital. While individuals usually earn their income through wages or salaries, businesses generate income from the sale of goods or services that exceed their production costs.To learn more about income from the given link :
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