The entry a company records at the time it issues to one of its employees that the employee needs to repay in 6 months will be $1,030.
What is company records?In this part, “company records” means registers, indexes, accounting records, contracts, memorandums, records, or other documents that a business is required to keep under these Regulations. ‹ Company records. 995. Over 85% of his music industry is represented by major record labels. Currently, the four major company records are EMI, Sony Music Entertainment, Universal Music Group and Warner Music Group. record types let you categorize data for contacts, accounts, deals, and custom modules so that users with different roles can use and update the data in different ways in CRM. This is made possible by having different field permissions and data ranges for each record type and role.To learn more about company records from the given link :
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mark determined the project he had been working on for two months was ready to close since all of the contracts were completed. based on the current situation of mark's project, select the next two steps below that he will perform in the closing process. a.) refer to governance to determine the documentation left to complete, then meet with the project sponsor to gain project approval. b.) obtain feedback to compile lessons learned, then meet with the person responsible for taking ownership. c.) refer to governance to determine the documentation left to complete, then obtain feedback to compile lessons learned. d.) meet with the project sponsor to gain project approval, then meet with the person responsible for taking ownership.
Refer to governance to determine the documentation left to complete, then obtain feedback to compile lessons learned.
What is basic documentation?
Documents that serve as evidence, proof, or a record of something are considered to be documentation.
What serves as documentation's primary objective?
There are numerous explicit reasons to write a scientific or technical document, but there are four main categories: to enlighten the reader, to give instructions, to persuade the reader, and to enact (or forbid) something.
Which 4 forms of documentation are there?
learning-oriented tutorials.goal-oriented how-to guides.understanding-oriented discussions.information-oriented reference material.Learn more about documentation
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a corporate bond currently yields 8.5 percent. municipal bonds with the same risk, maturity, and liquidity currently yield 5.5 percent. at what tax rate would investors be indifferent between the two bonds?
35.29% would be the tax rate where investors would be indifferent between the two bonds.
What are corporate bonds and municipal bonds?Bonds appeal to many investors because they provide a chance to create a consistent income stream without carrying the same level of risk that has come to define the stock market. But not all bonds are the same, so if you're seeking to add some to your portfolio, you might want to take both corporate and municipal bonds into consideration. A municipal bond is a financial instrument issued by a city, municipality, or state to raise money for public projects, as opposed to a corporate bond, which is a debt instrument issued by a firm to raise cash. Although there are some tax exemptions for municipal bond interest, corporate bond interest is always subject to tax. However, corporate bonds often provide larger rates in return.
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The tax rate would investors be indifferent between the two bonds is 35.29%.
What are corporate bonds and municipal bonds?Bonds appeal to many investors because they provide a chance to create a consistent income stream without carrying the same level of risk that has come to define the stock market. But not all bonds are the same, so if you're seeking to add some to your portfolio, you might want to take both corporate and municipal bonds into consideration. A municipal bond is a financial instrument issued by a city, municipality, or state to raise money for public projects, as opposed to a corporate bond, which is a debt instrument issued by a firm to raise cash. Although there are some tax exemptions for municipal bond interest, corporate bond interest is always subject to tax. However, corporate bonds often provide larger rates in return.
5.5% = 8.5% * ( 1 - x)
5.5% = 8.5% - 0.085x
0.085x = 8.5% - 5.5%
0.085x = 3%
x = 35.29%
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which ratios measure liquidity? (select all that apply.) multiple select question. debt to asset ratio debt to equity ratio current ratio quick ratio times interest earned ratio
Liquidity is measured by a quick ratio as well as a current ratio.
So, the correct option is C&D.
Both the quick ratio and the current ratio are measures of liquidity. The current ratio simply calculates how many times the current assets can cover the current liabilities by dividing the current assets by the current liabilities. The quick ratio is more conservative and does not factor in inventory when calculating it.
A company's capacity to settle its short-term debt obligations is assessed using a liquidity ratio. These three liquidity ratios—the current ratio, quick ratio, and cash ratio—are the most important ones. Investors and creditors look for a company with a liquidity ratio that is greater than 1.0 when evaluating it. The ability of the business to pay off short-term debt obligations is gauged by liquidity ratios. They can be used to determine a company's ability to settle debts with lenders and pay vendors.
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if an agreement is drafted that indicates that the promises made by the parties are not to be performed until a specified event takes place, that event is called:
The actions, conduct, or circumstances of the parties concerned result in an implied contract.
What Is an Implied Contract?A legally-binding obligation that results from the actions, behavior, or circumstances of one or more parties to an agreement is known as an implied contract. A verbal or written contract is enforceable in court just like an implicit contract. It has the same legal effect as an express contract, which is a voluntary agreement reached between two or more parties and expressed verbally or in writing. Contrarily, the implied contract is presumed to exist and requires neither a written nor an oral confirmation.There is no need to confirm the existence of the implicit contract, such as an implied warranty.To Learn more About implied contract refer to :
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if the reserve requirement is 5% and the fed increases reserves by $20 billion, what is the total increase in the money supply?
The total increase in the money supply will be $400 billion.
The money supply means the sum value of cost—cash, coins, and balances in bank accounts—in circulation. The money supply is generally explained to be a class of safe assets that households and businesses can use to make payments or to keep as short-term investments.
To know how much the total increase in the money supply, we can use this equation below:
Total increase in the money supply = increase in reserve/reserve requirements
Total increase in the money supply = 20/5% = $400 billion
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computer wholesalers restores and resells notebook computers. it originally acquires the notebook computers from corporations upgrading their computer systems, and it backs each notebook it sells with a 90-day warranty against defects. based on previous experience, computer wholesalers expects warranty costs to be approximately 4% of sales. sales for the month of december are $550,000. actual warranty expenditures in january of the following year were $20,500. required: 1. does this situation represent a contingent liability? 2.
Yes, warranty expense is a contingent liability for the computer wholesalers
Contingent Liability refers to an account being used to anticipate any future cash spending of a firm for a certain expense, the amount of which is easily determinable. Some transactions that fall under this category are Losses from lawsuits, Warranty Repairs, etc.
Yes, a Warranty Expense and Liability account is generally recognized immediately following a sales transaction.
Warranty Expense A/C.......Dr.$22,000
Warranty Liability A/C.....Cr $22,000
To record a contingent liability on warranty repairs
($550,000 x 4%)
Warrant Liability, beginning $22,000
less: Actual Expenditures in January (20,500)
Warranty Liability, ending $1,500
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jack, jerry, and joe purchased a property together. jack put up half of the money; joe and jerry each put up one-quarter of the money. their ownership is 50%, 25%, and 25%. what type of ownership is this?
Jack, Jerry, and Joe purchased a property together in the type of ownership known as tenancy in common.
Define tenancy in common.Equal or unequal undivided ownership between two or more people is referred to as tenancy in common. This sort of ownership is distinguished by the fact that if one owner passes away, their share is transferred to their heirs rather than the remaining owners who are still alive.
It is a formal agreement whereby two or more parties share ownership of a piece of real estate, like a house or a plot of land. A TIC's main characteristic is that each partner retains the option to leave their respective shares of the property to their descendants while also being able to sell their respective portions of the property.
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g what is a control system component?question 21 options:spc metricinternal auditstandard or goalattribute
A control system is a collection of numerous parts connected as a unit to guide or regulate itself or any other system in order to generate a specified output. We all know that controlling is the act of regulating or guiding. Hence, the metric internal audit standard or goal attributes all the given options are correct.
What is the component of system control?Executives may use organizational control systems to assess how effectively their organization is operating, identify areas of concern, and then take action to resolve those problems. Executives can choose from three fundamental forms of control systems: (1) output control, (2) behavioral control, and (3) clan control.
A typical motion control system consists of four fundamental components. The controller, amplifier, actuator, and feedback are the four components. The intricacy of each of these pieces will differ depending on the application for which they are created and built.
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in a perpetual system, when inventory is sold on account: a. sales revenue is increased and accounts receivable is decreased. b. sales revenue, cost of goods sold, and accounts receivable are increased while inventory is decreased. c. sales revenue is increased and inventory is decreased. d. sales revenue and accounts receivable are increased, and cost of goods sold and inventory are decreased.
In a perpetual system, when inventory is sold on account sales revenue, the cost of goods sold, and accounts receivable are increased while inventory is decreased.
A transaction between the buyer and the seller wherein the vendor sells intangible or tangible goods, property, or offerings in opposition to money is referred to as a sale. The sale is completed among two or extra events. In broader phrases, a sale may be is known as a contract among or more events i.e. the customer and the seller.
The time period, income, refers to all sports that result in the promotion of products and services. And advertising is the procedure of getting human beings interested in the products and offerings being sold. Sale is a time period used to explain the sports that cause the selling of products or offerings.
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bill purchased a used automobile in the current year for $78,000 that will be used 100% for business. assuming that the mid-quarter convention did not apply, what is the amount of depreciation he is allowed to take in the second year of the asset's life, assuming he elected not to take bonus depreciation in the first year?
Assuming that the mid-quarter convention did NOT apply, the amount of depreciation he is allowed to take in the second year of the asset's life, assuming he elected NOT to take bonus depreciation in the first year is $16,000.
What is depreciation amount?The accounting technique of spreading out the cost of a tangible asset over its useful life is known as depreciation. The amount of depreciation shows how much of an asset's value has been utilized. By purchasing assets over a predetermined period of time, it enables businesses to generate income from the assets they own.
Depreciation is the systematic reduction of a fixed asset's recorded cost over time, until the asset's value is zero or insignificant, according to accounting terminology. Buildings, furniture, office supplies, machinery, etc. are examples of fixed assets.
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which statement is true of an association rule? a. it is ultimately judged on how actionable it is and how well it explains the relationship between item sets. b. it uses analytic models to describe the relationship between metrics that drive business performance. c. it is a data reduction technique that reduces large information into smaller homogeneous groups. d. it seeks to classify a categorical outcome into two or more categories.
In descriptive analytics, historical data is stored, aggregated, and visualised in a form that can aid in understanding the present and prior states of the company. The answer is It uses analytic models to describe the relationship between metrics that drive business performance.
Working with a storage system where all the pertinent company data is gathered is the foundation of descriptive analytics. Depending on the volume and complexity of the data to be processed, this system may use classic SQL systems, distributed files and derivatives in the Hadoop style, or NoSQL databases. On this storage layer, technologies are deployed that enable the processing of this data both in batch and online modes, enabling the aggregations and queries required for the analysis.Predictive analytics refers to a technique for data analysis that focuses on predicting future outcomes based on historical information and data. Machine learning and statistical modelling are examples of analytics techniques that fall under this category.For accurate information and future predictions, the methodology is crucial.Thus, the method can link the present with the future, which is useful for future research.
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What trade-offs do consumers face when buying a product from a monopolistically competitive firm?.
When purchasing a good from a monopolistically competitive company, consumers must choose between paying more than the marginal cost and having more options that suit their preferences.
Monopolistic competition occurs when numerous companies offer comparable but subpar alternatives to each other's goods or services. The barriers to entry are low in monopolistic competitive industries, and decisions made by one firm do not immediately affect those of its competitors.
The characteristics of a monopolistic market are as follows:
Profits are maximized with only one source and blocked access and exit.
exclusive exclusion from product pricing
Monopolies offer the advantage of ensuring a constant supply of a product that is too expensive to be sold in a market with competition. A few negatives of monopolies include price-fixing, inferior products, a lack of incentive for innovation, and cost-push inflation.
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one of the reasons that bob is gifted as a salesperson is that he can effectively hide his shrewd competitiveness behind what appears to be a genuine and sincere persona, causing customers seem to instantly trust him. which specific political skill has bob mastered?
Bob's ability to skillfully mask his keen competitiveness is one of the reasons he is excellent as a seller. Bob has acquired a special political skill: seeming earnestness.
The term competitiveness is derived from the word compete. To compete implies to seek for the same object, status, or reward as another person. Competitiveness is the capacity to compete with others for the same goal or prize. Competence does not necessarily imply the capacity to outperform all of your competitors, but rather the desire and readiness to participate in competition; to continue in competition without being booted out or completely overwhelmed.
Businesses compete for the best personnel, raw supplies, consumers, and so on. Similarly, workers and job searchers battle for limited job opportunities and jobs. They are all attempting to stay competitive in order to keep or get jobs. For some people, competitiveness is a natural skill.
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if a buyer mistakenly believes that a competitor's offering has higher level attributes or qualities than it actually does, the salesperson should attempt to:
If a buyer mistakenly believes that a competitor's offering has higher-level attributes the salesperson should attempt to alter the buyer's beliefs about the competitor's offering by providing accurate information.
A salesperson or saleswoman is a person whose responsibility it is to sell goods or services within a specific territory, in a physical location, or over the phone.
salesperson represent their businesses by doing the following: adding value for their clients' clients. Relationship management. relaying market and customer data back to their organizations.
The cost base of your product lines must be managed by you as the buyer in order to maintain the business's target margins. To create new ranges, you spend a lot of time communicating with suppliers. analytical customers Logic and knowledge serve as these consumers' driving forces.
Pleasant buyers. Stability and cooperation are what drive this group of consumers.
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a machine had an estimated useful life of 5 years, but after 3 years, it was decided that the original estimate of useful life should have been 10 years. at that point, the remaining cost to be depreciated should be allocated over the remaining:
The answer is that the remaining cost to be depreciated should be allocated over the remaining of 7 years of useful life.
What is years of useful life?
It is an estimation of the average number of years an asset is considered useable before its value is fully depreciated. The IRS (Internal Revenue Service) employs useful life estimates to determine the amount of time during which an asset can depreciated. There are also many factors that will affect the useful life such as usage patterns, the age of asset at the time of purchase, and technological advances.
Now, let's calculate the years of useful life of the machine that given from the question.
Original life of the machine = 5 years
Revised useful life of the machine = 10 years
Life expired till the time of revision = 3 years
Remaining useful life as per estimates
= Revised useful life of the machine - original life of the machine
= 10 - 3
= 7 years
Therefore, the remaining cost to be depreciated should be allocated over the remaining 7 years of useful life.
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a(n) change involves introducing a practice that is new to the industry, such as using drones (rather than delivery trucks) to deliver products to customers. multiple choice innovative radically innovative adaptive reactive
Introducing a new practice, such as using drones rather than delivery trucks to deliver products to customers, is an example of a radically innovative change.
Is the set of methods for putting planned change into action?A set of methods for putting planned change into action to improve people's and organizations' effectiveness is known as organizational development (OD).
The force change strategy, the educational change strategy, and the rational or self-interest change strategy are the three most common methods for bringing about organizational change.
What are the five 5 factors that help methodology execution?Frequently neglected are the five key parts important to help execution: structure, systems, people, resources, and culture order to move from creating the plan to putting it into action, each component needs to be in place.
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7during a resuscitation, the team leader assigns team roles and tasks to each member. you recognize that a task has been overlooked. which is the most appropriate action?
The most appropriate action to be taken is to full the overlooked role.
Playing the vacant position in this situation would be the wisest move. If the team leader has skipped a role, the other team members must fill it as soon as possible, providing they are not already preoccupied with another responsibility, because every second counts during a resuscitation and every team member has been trained to manage these scenarios. It will save time and possibly even a life.
It is sufficient to perform compression-only CPR on someone who has had a heart attack. The practice of mouth-to-mouth resuscitation is not required. The American Heart Association states that for someone who has experienced a sudden heart attack in an outpatient setting, compression-only CPR is sufficient.
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a check issued for $540 to pay a vendor on account was recorded in the firm's records as $450; the canceled check was properly listed on the bank statement at $540. to arrive at an accurate balance on a bank reconciliation statement, the error should be: multiple choice added to the bank statement balance. deducted from the bank statement balance. deducted from the book balance. added to the book balance.
Added to the bank statement balance is the correct answer. Comparing information from cash books and related information from bank statements is known as bank reconciliation.
What is Bank reconciliation mean?A bank reconciliation is the process used in bookkeeping to compare the balance of a bank account as recorded in the books of an entity to the balance reported by the financial institution in the most recent bank statement. Any difference between the two figures must be looked into and, if necessary, corrected.
Comparing information from cash books and related information from bank statements is known as bank reconciliation. It is an important procedure that guarantees the accuracy of the CFO's accounting records.
A bank reconciliation is the process of comparing the balances of cash accounts as recorded in an entity's accounting records to the relevant data on a bank statement.
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what causes double taxation? group of answer choices a taxpayer being subject to tax laws in multiple jurisdictions profits increasing excessively from year to year penalties imposed by a taxing authority for non-payment of taxes difference tax rates across countries
A tax principle known as "double taxation" refers to paying income taxes twice on the same source of income. When income is subject to both corporate and individual taxes, it may happen.
When the same income is taxed in two different nations for the same investment or transaction, this is known as double taxation. Double taxation occurs when the shareholders and the corporation both pay taxes on the same income. The corporation pays taxes on its profits. Paid-in capital and retained earnings make up stockholders' equity. Double taxation occurs when the same income is taxed in two different countries. When a foreign company's income from a foreign source is taxed by the government of one country while also being taxed by the government of the company's home country, this occurs.
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according to the wealth effect, aggregate demand slopes downward (negatively) because a. lower prices increase the value of money holdings and consumer spending increases. b. lower prices decrease the value of money holdings and consumer spending decreases. c. lower prices increase money holdings, decrease lending, interest rates rise, and investment spending falls. d. lower prices reduce money holdings, increase lending, interest rates fall, and investment spending increases.
The wealth effect states that because decreasing prices improves the value of money holdings and boosts consumer spending, aggregate demand slopes downward (negatively). The right response in this case is option A.
As people's wealth grows, they will spend more money. Thus, at lower price levels compared to higher price levels, the consumption component of aggregate demand will be stronger.
According to the "wealth effect," when household wealth increases due to an increase in asset values, such as housing or corporate stock prices, they increase their spending and boost the whole economy.
With rising prosperity, certain products see a decline in demand. Think about eating steak as opposed to inexpensive fast food. A person's desire for inexpensive fast food is likely to decline as their income rises, while their desire for more expensive steak may increase.
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a company bought a new $62,000 heating system. the company paid $58,800 cash and was given a trade-in of $3,200 on an old heating system. the old system had an original cost of $55,900 and accumulated depreciation of $50,600. if the transaction has commercial substance, the company should record the new heating system at:
New heating system = $62,000
Fair value is used to calculate the cost price of the acquired item. The fair value of the asset given up will be used if it is possible to determine the fair value of both the asset acquired and the asset is given up. It is possible to use that value unless the fair value of the acquired asset is more obvious.
Measurement of New Heating System :
Cash = $58,800
Trade-In Value = $3,200
Total = $62,000
Therefore, a company bought a new heating system for $62,000.
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the war on poverty: question 9 options: a) was a great success since in the decades since the 1960's the poverty rate has been cut in half. b) has not succeeded in lowering the poverty rate since the u.s. only spends about 1% of gdp on welfare programs. c) was initiated by president nixon during the vietnam war a means of decreasing poverty in third-world nations. the goal was to lessen the support for communism in poor countries. d) was started by president johnson in the mid 1960's. he got legislation passed to create government programs with the intention to help the poor escape poverty.
President Johnson launched the war on poverty in the mid-1960s. He was successful in getting laws approved to establish government initiatives to assist the underprivileged in escaping poverty. Thus, the right option is (d) was started by president johnson in the mid-1960s. He got legislation passed to create government programs with the intention to help the poor escape poverty.
What exactly is the War on Poverty?The unofficial term for legislation initially proposed by United States President Lyndon B. Johnson at his State of the Union speech in January 1964 is the "war on poverty." Johnson suggested this law in response to a national poverty rate of roughly 19%. The speech prompted the United States Congress to approve the Economic Opportunity Act, which established the Office of Economic Opportunity to oversee the local distribution of federal anti-poverty money. The forty initiatives established by the Act were all focused on eradicating poverty by improving living conditions in low-income communities and assisting the disadvantaged in accessing economic opportunities that had previously been denied to them.
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in order to accumulate enough money for a down payment on a house, a couple deposits $300 at the end of each month into an account paying 6% compounded monthly. if payments are made at the end of each period, how much money will be in the account in 5 years?
If payments are made at the end of each period, the account will have 20931.01 for 5 years.
Future value is the value of an investment or asset at a specific date in the future. Simply put, future value is the amount that a given investment will be worth after a certain period of time, assuming a particular rate of return.
A deposit is an amount a buyer pays at the beginning of the purchase of expensive goods or services.
PMT = 300
R = 6%
M = 12
T = 5
T = R/M
= 0.6/12
= 0.005
N = MT
= 12 × 5
= 60
FV = PMT(1 + 0.005)^60 -1 /0.005
= [tex]300\frac{(1 + 0.005)^{60} -1}{0.005}[/tex]
= 20931.01
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buffelhead's stock price is $238 and could halve or double in each six-month period. assume that you own a one-year american put option on buffelhead stock with an exercise price of $238. the interest rate is 19% a year. a. would you ever want to exercise an american put early? multiple choice yes no b. calculate the value of the buffelhead american put. (do not round intermediate calculations. round your answer to 2 decimal places.) c. calculate the value of the put if it had been european-style. (do not round intermediate calculations. round your answer to 2 decimal places.)
The Bufflehead stock option will have a positive value when the stock price is below the strike price, and a negative value when the stock price is above the strike price. If the stock price doubles, the option will have a negative value. If the stock price halves, the option will have a positive value.
a.)Yes, if the stock price decreases below the exercise price, the holder of the put option would want to exercise the option in order to sell the stock at the higher exercise price.
b.) The possible prices of Bufflehead stock and the associated American put option values (shown in parentheses) are:
Let p equal the probability of a rise in the stock price.
Then, if investors are risk neutral:
p(1.00) + (1 – p) × (–0.50) = 0.10
p = 0.4
If the stock price in month 6 is $110, and if the American put option is not exercised, it will be worth:
[(0.4 ´ $0) + (0.6 ´ $165)]/1.10 = $90
On the other hand, if it is exercised after six months, it is worth $110. Thus, the investor should exercise the put early.
Similarly, if the stock price in month 6 is $440, and if the American put option is not exercised, it will be worth:
[(0.4 ´ $0) + (0.6 ´ $0)]/1.10 = $0
On the other hand, if it is exercised after six months, it will cost the investor $220. The investor should not exercise early.
Finally, the value today of the American put option is:
[(0.4 ´ $0) + (0.6 ´ $110)]/1.10
= $60
c.)The European put, value at that point is $90 because the European put cannot be exercised early.
Therefore, the value of the European put is:
0.4 ´ $0) + (0.6 ´ $90)]/1.10
= $49.09
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insurance that covers valuable items, such as an expensive harp, is called a. buildings and other structures coverage b. homeowners insurance c. personal property floater d. household inventory insurance e. personal property insurance
The correct answer is C) personal property floater.
Insurance that covers valuable items, such as an expensive harp, is called personal property floater.
The majority of home insurance policies provide protection from fire, theft, and other dangers for your house, other structures, and personal property. Insurance also provides supplemental coverage for minor property damage calamities, personal responsibility, additional living expenditures, and medical payments.
A risk management tool is insurance. When you buy insurance, you get protection against unanticipated financial losses. In the event that something awful occurs to you, the insurance provider pays you or a different person of your choosing. If an accident occurs and you don't have insurance, you can be responsible for paying all costs.
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competitive strategies are intended to: group of answer choices improve a firm's ability to challenge other firms. improve capital productivity. improve both labor and capital productivity. reduce the firm's debt levels. reduce competitors' prices.
Competitive strategies are intended to ; improve a firm's ability to challenge other firms.
Hence, Option A is correct.
What do you mean by Competitive strategies ?
Competitive strategy is a long-term action plan of firms in order to gain a competitive advantage over its competitors in the business market. It is used to improve position in market and generate a greater Return on Investment (ROI). The objective is to win the customers’ hearts through satisfying their needs and to attain competitive advantage as well as out-compete the competitors and rival companies.
Four Types of Competitive Strategy
Cost Leadership StrategyDifferentiation Leadership StrategyDifferentiation focusCost focusTherefore, Competitive strategies are intended to ; improve a firm's ability to challenge other firms.
Hence, Option A is correct.
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define and explain activity-based costing (abc) systems. what benefits does implementation of an abc system bring to the company?
The implementation of an ABC Costing gadget provides you increased manipulate of your organization's costs.
This methodology develops tracing and allocation fashions that pick out the allocation of costs related to each undertaking with precision as properly as how they have an effect on your company's profitability.
What are the benefits of activity-based costing ABC?Activity-based costing provides a more correct approach of product/service costing, main to greater accurate pricing decisions. It will increase appreciation of overheads and fee drivers; and makes high-priced and non-value adding things to do more visible, permitting managers to minimize or remove them.
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The amount of time that a task can be put off without affecting the one that follows after it is known as free slack. Total slack is the amount of time that work can be postponed without affecting the project's delivery.
A project manager can create a realistic project timeline including slack time. When teams have idle time, they are less likely to miss deadlines. When spare time is included in project timelines, projects tend to be of higher quality and stay under budget.
It's difficult to see the relative importance of tasks without a strong concept of slack. This can cause project activities to diverge and have a detrimental impact on other operations. When there is no spare time, delays or increased resource requirements frequently occur.
In addition to the costs of additional staff or equipment, delays can increase costs by adding interest on loans or necessitating expedited shipping. This can have an impact on the overall success of the project and determine whether it meets its objectives.
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consider this) suppose voters pass laws that restrict immigration, which results in lower national output and higher prices for consumer goods. this would be an example of
If we were to consider this: voters pass laws that restrict immigration, which results in decreased national output and increased prices for consumer goods. This would be an example of paradox of voting.
The voting paradox, also known as the Downs paradox, states that for a self-interested, rational voter, the expenses of voting typically outweigh the anticipated benefits.
The predicted advantages of voting are smaller than the costs since the possibility of casting the decisive vote is negligible in comparison to any credible calculation of the private citizen advantages of the several conceivable outcomes.
Reactions to the paradox have consisted of the ideas that voters express their preferences for candidates rather than influencing the election's outcome, that voters show some altruism, or that the paradox overlooks voting's additional benefits besides the outcome of the election.
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taxes cause deadweight losses because taxes a. reduce the sum of producer and consumer surpluses by more than the amount of tax revenue. b. prevent buyers and sellers from realizing some of the gains from trade. c. cause marginal buyers and marginal sellers to leave the market, causing the quantity sold to fall. d. all of the above are correct.
Taxes cause deadweight losses because taxes prevent buyers and sellers from realizing some of the gains from trade.
The outcome is the same whether the taxes on a good apply to the consumers or sellers of that good. When purchasers pay the tax, the demand curve shifts downward by the same percentage as the tax; when sellers pay the tax, the supply curve shifts upward by the same percentage as the tax. When a tax is implemented, the price that purchasers pay rises and the price that sellers receive falls in both situations. How the taxes burden is split between producers and consumers is ultimately determined by the elasticities of supply and demand. No matter who pays the tax, the distribution is the same.
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