Answer:
Equitable relief
Explanation:
Equitable relief is defined as a remedy provided by a court that requires a party to act or prevents a person from acting.
It is usually granted in relation to contracts that have been breached.
When equitable relief is sought there is no monetary compensation, rather the plaintiff is requesting the court to ensure an action is performed.
In this instance Andrews and Bates have a written contract in which Bates promises to sell Andrews a piece of real estate. When Bates refuses to fulfill his obligation Andrews can seek for equitable relief from the court.
Forcing Bates to sell the piece of real estate as agreed in the contract.
On August 1 of Year 1, a company paid $1,200 cash in exchange for an insurance policy that protects the company from loss due to fire for a one year term. Based solely on this information, how will the December 31, Year 1 financial statements be affected
Answer:
The statement of cash flows will show $1,200 outflow from operating activities.
The balance sheet will show $700 of prepaid insurance.
The income statement will show $500 of insurance expense.
Explanation:
Solely based on the information given above, the financial statements of the firm will show an insurance expense under the heads of current year for an amount of $500; whereas, the financial statements will show prepaid expenses of $700 in the assets side of the balance sheet as on December 31.
What is the significance of financial statements?Financial statements can be referred to or considered as statements that express the status of the financial position of a company on a given date during the financial year. It gets affected with one single transaction as well.
As per the accounting standards, an insurance expense for only the current year benefit, i.e., $500 will be recorded in the financial statements, whereas, the remaining amount of $700 will be forwarded to the next financial period as prepaid expenses.
Therefore, the significance regarding financial statements has been aforementioned.
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What’s the missing step in setting up a Recurring Transaction in QuickBooks Online? 1.______________ 2. Select New and select the transaction type 3. Fill in the template name and select whether it’s scheduled, unscheduled or a reminder 4. Finish filling out the template
Answer: d. Select the Gear icon then Recurring Transactions
Explanation:
Quickbooks is an accounting software/service that helps small to medium businesses with their accounting.
In Quickbooks one can create a recurring transaction for things such as expenses.
To do so the very first step would be to go to settings ( gear icon) and then under lists, click the Recurring Transactions button.
Not offering ski equipment in a southern state is an example from what "chunk" of Marketing? a Channel Management b Marketing Information Management c Market Planning d Pricing e Promotion f Selling
Answer:
Market Planning
Explanation:
Marketing Planning are steps taken that consists of market situation analysis, analysis of marketing opportunities information, market and forecast, to develop a bases for objectives to achieve in the market structuring and advancing a marketing approach or strategy. As such the marketing plan are an outline of actions having a strategic base.
Examples of marketing planning includes;
1) Advertisement
2) Cause Marketing, that ties the offered product to a particular social cause or people policy or issue
3) Marketing by word of mouth
4) Marketing on the internet
5) Marketing based on relationship
Too much focus on your organizational vision can lead to missed opportunities. __________ helps keep the company focused on ideas from the external environment.
Answer:
Strategic management
Explanation:
Vision is a kind of future imagination that a company desires and serves as a parameter for measuring a progressive growth. However . it could lead to missed opportunities if it does not accommodate flexibility , and this is why strategic management comes to play .
Strategic management entails a business to develop strategies that will guide it towards the creation of values for all stakeholders. The strategies should be able to analyse the internal and external environment for best decisions towards business growth.
Tim, who works for Peachtree Realty, referred a buyer to a broker who works for Pinetop Realty. The referring agent is to receive 25%of buyer side commission when the transaction closes. The buyer purchased a $350,000 home, and the 7% commission was split as follows: listing brokerage, 2%; listing agent, 2%; buyer's brokerage, 1.5%; buyer's agent, 1.5%. How much was the referring agent paid
Answer:
$1,312.50
Explanation:
Calculation for How much was the referring agent paid
First step is to find the buyer agent amount by using the buyer's agent percentage to multiply the buyer purchased amount of the home
Using this formula
Buyer agent amount =Buyer's agent percentage× Home purchased amount
Let plug in the formula
Buyer agent amount=1.5%×$350,000
Buyer agent amount=$5,250
The last step is to find How much was the referring agent paid
Using this formula
Amount referring agent paid =Buyer agent amount× Percentage of buyer side commission
Let plug in the formula
Amount referring agent paid=$5,250×25%
Amount referring agent paid=$1,312.50
Therefore the amount that the referring agent paid will be $1,312.50
For the year ending December 31, 2018, Sparks Electric expects net cash provided by operations of , net cash used by investing activities of , and net cash provided by financing activities of . Sparks plans to spend to add a warehouse for its operations and pays in cash dividends. What is the amount of free cash flow?
Answer: C) $40,000
Explanation:
The free cash flow to a company is that amount of cash that it has generated from its operations that it can therefore use to purchase assets and pay off dividends.
Cash from operations = $328,000
Dividends = $31,000
Spending on warehouse (asset) = $257,000
Free cash flow = 328,000 - 257,000 - 31,000
= $40,000
A firm's demand for labor is derived in part from Group of answer choices the value of the firm's stock price. the firm's sunk costs. consumer demand for the firm's product. worker preferences for jobs. the level of monthly union dues.
Answer:
consumer demand for the firm's product.
Explanation:
Derived demand is demand for a good or service as a result of the demand for another good and service. The demand for labour and factors of production is an example of a derived demand.
In order to produce a good or service, there is need for factors of production. Labour is one of the factors of production. Goods would only be produced as a result of people demanding for the good. If there is no demand for a good, firms would not produce the good and as a result there would be no need to demand for labour to help in producing the good
Burt's company is in the process of developing what he feels is a complex and risky project. Burt has decided to use a development sequence in which functional areas consecutively complete their development tasks. That way each set of activities can be easily tracked. What type of development path is Burt using?
Answer: sequential
Explanation:
A Sequential product development is simply defined as a method used in designing and developing a product whereby every stage of the process will have to leads to the next stage as there won't be overlap.
Since we are informed that Burt has decided to use a development sequence in which functional areas consecutively complete their development tasks and that each set of activities can be easily tracked, it shows that the sequential development path is used.
The study of group __________ helps us to recognize the formation of a group and states how the group should be organized, lead and promoted. Fill in the blank.
Answer:
dynamics
Explanation:
Group dynamics is a term that is used in describing the formation and the actual nature or characteristics of a group in connection to every member of the group and or in relation to how the group interacts with other groups.
Hence, the study of group DYNAMICS helps us to recognize the formation of a group and states how the group should be organized, lead, and promoted.
When the Group of dynamics may be a term that's utilized in describing the formation and also the actual nature or characteristics of a bunch in connection to each member of the group and or in respect to how the group interacts with other groups.
DynamicsHence, the study of social psychology that is Dynamics helps us to acknowledge the formation of a gaggle and states how the group should be organized, lead, and promoted.
Thus, the correct answer is Dynamics
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When communicating significant deficiencies in internal control noted in a financial statement audit of a nonissuer, the communication should indicate that
Answer:
The report should state that the communication is intended solely for the use of management, those charged with governance, and others within the organization.
Explanation:
Such notice is important because it involves significant deficiencies in internal control which is the primary responsibility of management to handle.
For example, if an auditor reveals such information to those not charged with governance, and who are outside the organization he likely will face a backlash from the management.
Consider the equation for present value. if you wished to increase the present value of a future amount by changing only one variable, which of the following actions should you take?
a. increase the time period
b. decrease the future value
c. decrease the interest rate
d. this statement cannot be answered with the information provided
Answer:
C
Explanation:
The formula for calculating present value
= FV x (1 + r)^-n
FV = Future value
P = Present value
R = interest rate
N = number of years
To answer this question, let me illustrate with some examples
Scenario 1 :
FV = $100 r = 5% n = 1 PV = $95.24
Scenario 2 : increase the time period
FV = $100 r = 5% n = 2 PV = $90.70
Scenario 3 : decrease the interest rate
FV = $100 r = 4% n = 1 PV = $96.15
Scenario 4 : decrease the future value
FV = $90 r = 5% n = 1 PV = $85.71
We can see that it is in scenario 3 that the present value increased
What kind of life insurance policy pays a specified monthly income to a beneficiary for 30 years and then pays a lump sum benefit at the end of that 30 years
Answer:
Family Maintenance Policy
Explanation:
A family maintenance policy refers to the policy in which it generates the income for a beneficiary for the particular period of time after considering the death of the insured person
After maturing the given period, the insurer provides the money to the beneficiary i.e. equal to the face value of the policy
Therefore according to the given situation, it represents the family maintenance policy
The Buy America Act specifies that government agencies must give preference to American products when putting contracts for equipment out for bid unless the foreign products have a significant advantage.
a. True
b. False
What refers to marketing via the Internet using company websites, online advertising and promotions, email marketing, online video, and blogs
Answer: Online marketing
Explanation:
Online marketing simply means marketing via the Internet using company websites, online advertising and promotions, email marketing, online video, and blogs.
It is also called internet marketing and through the internet, a brand or business can be promoted by using tools that will help the business drive leads, traffic, and sales.
Help me please please please
Answer:
1 ) $17.14
2) $41.8
3) $39.2
4) 12%
Explanation:
1-3) 100% is full. subtract the percent off by 100. For example #1 is 25%, we would 100% - 25% = 75%. then multiply the percentage by the price which is $22.85 x 0.75 = $17.14
same for the rest
4) use the formula
Discount = original price - selling price
$399 - $350 = $49
then use the formula
% = discount/original price multiply by 100%
$49/$399 which is 0.1228 then multiply it by 0.100 which is 12%
check your answer by 100 - 12 = 88 then 399*0.88 = 351.12
they round the price so it is $350
What should be done with equipment that is at the end of its life cycle and that is being donated to a charity?
Answer:
C. Sanitize it.
Explanation:
Devices should be sanitized to ensure they do not contain any confidential data before they hit the end of their life cycle. Erasing CDs and DVDs is one of the sanitation processes but other device components, such as disc drives, must also be assessed to ensure confidential information is not included.
Trying to remove software licences or implementing the original software is not generally necessary unless it's needed by the sanitization process of the organization.
hence, the correct option is C. sanitize it
Dr. Lifeson has taken a job consulting with Omega Inc. The managers at Omega want to know why employee morale is so low in their manufacturing division, and they want Dr. Lifeson to design the appropriate studies and collect the necessary data to answer that question. In which field is Dr. Lifeson most likely a specialist
Answer: Industrial/Organizational psychology.
Explanation:
Industrial or organizational psychologists are the people who use research methods and psychological principles to solve problems that occurs in the workplace and also help in improving quality of life.
They help in studying the productivity at workplace and working styles of both the management and employes. They also study company's morale and personality.
Which is a steppingstone towards future education
A. A high school diploma
B. On the job training
C. Vocational courses
D. Technical courses
Answer:
a high school diploma or on the job training
The president of Deal Corporation wrote to Boyd, offering to sell the Deal factory for $300,000. The offer was sent by Deal on June 5 and was received by Boyd on June 9. The offer stated it would remain open until December 20. The offer:
Answer:
is valid until December 20, but it can be revoked by Deal any time before that date unless Boyd has accepted it.
Explanation:
An offer can be revoked by the offeror at any time as long as the following two conditions exist:
the offeror notifies the offeree that the offer is being revokedthe offeree has not yet accepted the offerJocko has a high school diploma and owns a corporation that nets over a million dollars a year. In view of this, what is the best description of Jocko based on middle-class standards?
Answer:
Jocko is status inconsistent because his level of education, which is not consistent with his rank in property and power.
Explanation:
Status inconsistency occurs when the social position has both negative and positive impact on his social status.
It occurs when an individual is socially respected in one way and not another. For example a teacher may earn small amount of money but he is respected in society as a learned person.
Status in insistence occurs as a result of profession, income, education and social circles.
In this scenario Jocko has a high school diploma and owns a corporation that nets over a million dollars a year.
His income makes him someone that is highly respected in society, however educationally he will not have as much respect because he only has a diploma.
A homeowner receives a tax bill that includes an amount for the police district, taxed at $2.50 per $1,000, and the fire protection district, taxed at $1.80 per $1,000. How much does the taxpayer have to pay for these two items if the property's taxable value is $77,000?
Answer:
$331.1
Explanation:
The property's taxable value are the financial worth attributed to a property by the tax authority , which serves as the basis on which tax returns are computed for such property.
Workings
Taxable value of the property = $77,000
Police district tax calculated at $2.5 per $1,000 = 77,000/1000*2.5 = 192.5
Fire protection district tax at $1.8 per $1,000 = 77,000/1000* 1.8 = 138.6
Tax liability due for payment = $331.1
Many businesses have a(n) __________, which is a password-protected network that uses web-based technologies for employee collaboration and productivity. Select one: a. firewall b. intranet c. internet d. social network
Answer:
b. intranet
Explanation:
An intranet is basically a computer network that cannot be accessed by the general public. Generally we think of intranets as local networks that are restricted to only a certain group of users, but some intranets are national or even international. The pentagon's intranet is accessed from all over the world.
The difference with the internet, is that anyone can access the internet, while an intranet is used by specific people.
X Company purchased land for cash from Y Company. Based on this information alone, the number of reporting entities is ______.
Answer:
2 (two)
Explanation:
Company X and Company Y are known as reporting entities because they have to prepare financial statements based on their transactions. Company X is the buyer and Company Y is the Seller.
When there is an expansionary gap, inflation will ______, in response to which the Federal Reserve will ____ real interest rates, and output will _____.
Answer: increase; raise; decline
Explanation:
An expansionary gap occurs in an economy when the potential output in the economy is less than the actual output.
It should be noted that when there is an expansionary gap, this will lead to a rise in inflation. Since inflation has risen, the government will also increase the real interest rates which will in turn, lead to the reduction in output.
Adam has $200 to spend and wants to buy either a new amplifier for his guitar or a new cell phone. Both the amplifier and the cell phone cost $200, so he can only buy one. This illustrates the basic concept that:
Answer:
people face trade offs
Explanation:
Because wants are unlimited and the resources used to satisfy those wants are limited, people have to face trade offs. these trades off are opportunity costs.
Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives.
In this question, the wants are a cell phone or an amplifier. the resource is $200. If the amplifier is bought, the cell phone cannot be purchased. This is an example of a trade off
What activities are FBLA-PBL members most likely to participate in?
Answer:
FBLA-PBL members most likely to participate in business competitions and leadership conferences.
Answer:
leadership conferences
business competitions
Explanation:
write and submit a 100-word summary or more, answer to the following essential question: "How can I improve my human capital and prepare for my dream job/career?" Include all of the following terms in your response: career, human capital, hard skills, job, postsecondary education, soft skills, and training. Use the "RAP Method" to answer the essay. This means you should (1) restate the essential question, (2) answer the essential question, and (3) prove or support your answer with specific information or details.
Answer:
How can you improve your human capital and prepare for your dream job/career? Don't worry and follow following steps:
(1) Get more education
(2) Get more experience
(3) Automate your finances
(4) Explore beyond your industry
(5) Get involved
(6) Improve your public speaking and presenting skills
(7) Cultivate your human network
(8) Publish your thoughts
"A customer buys a Brokered CD for $100,000. Upon receipt of his next account statement, the customer sees that the market value of the CD is shown as $99,800. This would occur because:"
Answer:
market rates have increased
Explanation:
Bonds as well as brokered CDs are priced depending on the market's interest rates for similar investments. For example, the CD pays a 3% interest, and then the market rate increases to 3.1% (or more), the CD's price will decrease. On the other hand, if the market rates decrease to 2.9% (or less), the CD's price will increase.
Your client's investment portfolio is 50% growth stocks, 10% foreign stocks, and 40% blue-chip stocks. If the client is interested in further diversification, which mutual fund would best meet that goal
A top performer routinely arrives late to work. When questioned, rather than providing an explanation, she just says that she'll take a shorter lunch hour. Because of her performance, her manager allows this behavior to continue. Which risk does the manager take by failing to apply policy consistently
Answer:
the manager risks legal enquiry for unjust dismissal of other employees for lateness as well.
Explanation:
Irrespective of an employee's performance, good or bad, a manager has to company policy regarding any misdemeanour should be meted out as at when due. This will ensure and give other employees the sense of responsibility to assume and resume as at when due and that no one in the organization is above the law.
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