b. Firms that take an initial competitive action. Hence the option B is correct in this case as first movers are firms that take an initial competitive action.
What is First Movers?In business and economics, first movers are firms that take an initial competitive action in a market or industry. This can include introducing a new product or service, establishing a new production process, or entering a new market.
First movers often have an advantage over later entrants because they can establish a foothold in the market, build brand recognition and customer loyalty, and create barriers to entry that make it difficult for competitors to enter the market.
However, being a first mover also carries risks, as the firm may incur high costs in the process of establishing itself in the market, and it may be vulnerable to challenges from later entrants who can learn from the first mover's experiences and improve upon them.
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consider the interaction between labor and capital within the production process and answer the following questions. how do economists refer to the amount of capital employed per worker?
Because workers would be more productive, wages would increase. The amount of capital used per worker is described by economists as the interaction between labor and capital during the production process.
Who is referred to as an economist?An economist is someone who researches human decision-making processes and is enthusiastic about using statistics to increase revenue, improve governmental policies, or conduct research.
Do economists earn a good living?According to the BLS, the average yearly compensation for an economist is $116,020, which is more than double the average yearly wage for all occupations, $51,960. However, depending on the state you're in, the typical economist income can vary greatly from this.
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there is generally more profit in the sale of banquet meals served during a social function than in the sale of a la carte items sold to members in the dining room, off the menu. group of answer choices true false
There is generally more profit in the sale of banquet meals served during a social function than in the sale of a la carte items sold to members in the dining room, off the menu.
The given statement is true.
What do you mean by profit?
The cost of products sold is subtracted from revenue to calculate gross profit, also known as gross income. In general, fixed costs are not taken into account when calculating gross profit; only variable costs are. Gross profit measures how well a business uses its work force and resources to produce goods and services.Profit is the amount of money that is left over after all expenses, debts, and other costs have been taken into consideration. The amount of money a product makes less what it costs to create, market, and support it is what is referred to as product profitability. Profit is sometimes referred to in business as the bottom line.To know more about Profit here
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Which of the following is not a non-tariff barrier?
a. voluntary export restraint
b. health and product standards
c. enviromental protection law
d. ad-valorem duties
The one that is not a non-tariff barrier is option D. ad-valorem duties
What is a tariff barriers?Tariff barriers refers to a barrier to trade between particular countries or specific areas involving nations which occurs in the form of abnormally excessive taxes levied by a government on imports or occasionally exports for purposes of protection, support of the balance of payments, or the raising of revenue.
Tariff barriers is also considered to be several tariffs or duties imposed on foreign trade transactions to impose trade restrictions. From the available options, ad-valorem duty is tariff barrier, while the others are non-tariff barriers to trade.
Ad-valorem duty is imposed on import goods as percentage of the total value of goods imported.
Therefore, the correct answer is as given above
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automatic stabilizers lead to changes in taxation and government spending as economic output varies. how do automatic stabilizers impact tax revenue and government spending during a recession? tax revenue will decrease and government spending will go up. suppose that the government is required to balance the budget. which is an appropriate discretionary approach during a recession, and what effect would it have to the economy? cut taxes to encourage consumer spending, which would minimize the effects of the recession. invest in public infrastructure that promotes employment and stimulates the economy. cut government spending to equal tax revenue, possibly magnifying the effects of a recession. increase government spending to stimulate the economy, causing an increase in overall aggregate demand.
Automatic stabilizers are mechanisms in the economy that automatically adjust fiscal policy (taxation and government spending) in response to changes in economic output.
During a recession, when economic output decreases, automatic stabilizers lead to a decrease in tax revenue and an increase in government spending.
The first option you provided, "cut taxes to encourage consumer spending, which would minimize the effects of the recession," is an example of discretionary fiscal policy, which refers to conscious decisions made by the government to alter fiscal policy in order to influence economic activity.
The second option you provided, "invest in public infrastructure that promotes employment and stimulates the economy," is also an example of discretionary fiscal policy.
The third option you provided, "cut government spending to equal tax revenue, possibly magnifying the effects of a recession," is not an appropriate discretionary approach during a recession, as it could potentially magnify the negative effects of the recession by reducing overall aggregate demand.
The fourth option you provided, "increase government spending to stimulate the economy, causing an increase in overall aggregate demand," is an appropriate discretionary approach during a recession, as it can help to stimulate the economy by increasing overall aggregate demand and potentially offsetting the negative effects of the recession.
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acorn corporation is considering a project with an initial cash outlay of $50,000 and expected after-tax inflows of $20,000, $40,000 and $6,000 over the three-year life of the project, respectively. is 13% the irr of this project?
IRR is $5313.28,IRR is helpful in instances where it is challenging to calculate a discount rate or when evaluating several projects side by side.
IRR is sometimes preferred over NPV, when?IRR is helpful in instances where it is challenging to calculate a discount rate or when evaluating several projects side by side. When there are several discount rates or different future cash flow directions, the NPV is preferable.
IRR can be calculated manually by following these steps: Identify two potential discount rates. Pick two discount rates that you'll employ before you start your calculations. Be sure to figure out the net present values. Using the two values you choose in step one, figure out the net present values based on each estimation. Make an IRR calculation.
Top response, we calculate IRR at NPV=0 as 20000/1.13 + 40000/1.13 + 6000/1.13 = $5313.28.
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in the market for baseball bats the equilibrium price is $20 and at this price 125 bats are sold. if the price were $5 more then firms would want to sell 140 bats but customers would only want to buy 110 bats. if the government imposed a price ceiling of $25 for bats, how many bats would be sold?
If the price ceiling is $25, the number of bats that would be sold is 100 bats.
How many bats would be sold?Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
Equilibrium is the point where the quantity demanded is equal to the quantity supplied. Above the equilibrium, there would be a surplus and a shortage when price is below the equilibrium.
When price is $25, the quantity demanded is 110 and the quantity supplied is 140.
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suppose that candy producers create a positive externality equal to $1 per pound of candy. further suppose that the government offers a $1-per-pound subsidy to the producers. what is the relationship between the equilibrium quantity and the socially optimal quantity of candy?
The relationship that is in existence between the equilibrium quantity and the socially optimal quantity of candy is that they are equal. Option C
What is meant by positive externality?An advantage of creating or using a product is known as a positive externality. For instance, because people learn and develop skills for careers and their lives, education is a beneficial externality of school. Negative externalities, in contrast, are a cost of production or consumption.
The market for education is one illustration of a beneficial externality. Since more educated people tend to be more innovative and contribute more to their community's economy, the social benefit increases with one's level of education.
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Suppose that candy producers create a positive externality equal to $1 per pound of candy. Further suppose that the government offers a $1-per-pound subsidy to the producers. What is the relationship between the equilibrium quantity and the socially optimal quantity of candy?
a. The equilibrium quantity is greater than the socially optimal quantity.b. The equilibrium quantity is less than the socially optimal quantity.c. They are equal.d. There is not enough information to answer the question.
an activity ratio that measures how many times the inventory is turned over to meet the total sales figure is called the inventory turnover. a. true b. false
Inventory turnover True is an activity ratio that gauges how frequently inventory is changed to match overall sales volume.
What is the inventory turnover ratio quillet's formula?Measures the frequency with which inventory is purchased, sold, or used over a time period; represented as: Cost of Goods Sold divided by Average Inventory equals Inventory Turnover.
What class of ratios gauges a company's capacity to fulfill its immediate obligations?The ability of a company to satisfy its short-term financial obligations is revealed by liquidity ratios. They are especially valuable to those providing the company with short-term loans. The current ratio (also known as the working capital ratio) and the quick ratio are two commonly utilized liquidity ratios.
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if a taxpayer fills out their w-4 in a way that does not withhold enough money to cover their tax obligation, what is the most likely outcome after they file their taxes?
If a taxpayer fills out their W-4 in a way that does not withhold enough money to cover their tax obligation, they may end up owing money when they file their taxes.
What is a taxpayer?
Generally, This can happen if the taxpayer did not have enough tax withheld from their paychecks during the year or if they received additional income that was not subject to withholding, such as self-employment income or income from renting out a property.
If taxpayer owes money when they file their taxes, they will need to pay the amount due by the tax filing deadline, which is typically April 15th of the following year. If the taxpayer is unable to pay the full amount due, they may be able to set up a payment plan with the IRS to pay the balance over time. However, interest and penalties may accrue on the unpaid balance.
It is important for taxpayers to make sure that they are having enough tax withheld from their paychecks throughout the year. This can help to avoid the possibility of owing money when they file their taxes and can also help to avoid underpayment penalties.
Taxpayers can use the IRS's Withholding Calculator to help determine the appropriate amount of tax to have withheld from their paychecks.
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which of the following is a complex sentence? question 41 options: a) visit our website to learn more about our newest product line. b) the conference will be held on monday, but few managers will be able to attend. c) employers are now using social media sites to screen applicants; therefore, job seekers are advised to clean up their digital presence. d) because of rising insurance premiums, many companies are offering employee-wellness incentives.
Option D) Numerous businesses are providing incentives for employee wellness due to growing insurance prices. In the available possibilities, it is a difficult sentence.
What terms are used in complicated sentences?A complicated phrase is created by linking one or more dependent subordinate clauses to the independent main clause using relative pronouns and/or conjunctions. Short phrases make up a clause. Simple sentences have one clause alone.
What is the number of difficult sentences?Three categories of complicated sentences exist: Adverbial phrases: These serve as adverbs and can indicate a variety of connections between the sentence's components. Noun phrases Since they serve as nouns, they can serve as subjects or objects in sentences.
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what is the evidence that mark parker and nike understand the impact of environmental sustainability on nike's business practices
The "Nike Sustainable Business + Innovation" program is one that Nike has. Nike is certain that it can bring about significant change through the strength of its brand, the enthusiasm and drive of its workforce, and the size of its business.
What is meant by the phrase "sustainable business"?Sustainability in business refers to a company's plan to lessen the damaging environmental effects of its operations in a certain market. ESG metrics, which stand for environment, social, and governance, are frequently used to assess an organization's sustainability initiatives.
What is a sustainable business example?Reducing the amount of garbage sent to landfills by composting is a sustainable business approach. Additionally, composting converts organic waste into fertilizer, which is advantageous for the environment.
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sophia and victoria spend their day at a daycare center while their mother goes to work. picking up her children after 6:30 results in a late fee of $7 per child for every 10 minutes the mother is late. due to traffic, the mother expects to be 20 minutes late. how much would she be willing to pay for a toll road that would get her to the daycare center on time? any price less than $7. any price less than $14. any price less than $28. she would not be willing to pay out of pocket to avoid traffic.
Sophia and victoria spent their day at the daycare center while their mother was away at work. Picking her children past 6:30 would cause a late fee of $7 per child for every 10 mins. The mother expects to be 20 mins late due to traffic so in this case, the mother will pay any price less than $28. Option C is right.
Mother anticipates arriving 10 minutes late.
$7 is the late fee per child for every 10 minutes.
Being 20 minutes late will therefore cost you $20 ($7x2) + ($7x2) = $28.
The $28 hedge cost would be the only thing needed to cover the entire cost of the road.
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What Is An Example Of Opportunity Cost In Your Life?
kunio puts $2,200.00 into savings bonds that pay a simple interest rate of 2.4%. how much money will the bonds be worth at the end of 4 years?
The bond will reportedly be worth $2411.2 after 4 years, according to the question.
How do bonds work?Governments and corporations issue bonds when they require to raise money. You are effectively borrowing the issuer money when you buy a bond. In return, they promise to pay periodic interest payments—typically twice a year—along the way as well as to reimburse you the full amount of the loan on the specified date.
Briefing-Kunio puts $2200.00 into savings bonds means
P= 2200
pay a simple interest rate of 2.4% means
r= 2.4
t= 4
Formula for Simple interest =P*t*r/100
Simple interest (2200×2.4×4)/100
Simple interest= $211.2
So, A= P+ Simple interest
A= 2200+211.2= 2411.2
Hence bond will be worth $2411.2
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corporate financial managers use interest rate futures to treduce the risk of loss from a change in interest rates true of false
Interest rate futures are a tool used by business finance managers to lower the risk of losing money when interest rates change. This assertion is accurate.
How might management lower the risk associated with interest rates?By purchasing bonds with varying durations, as well as by hedging fixed-income investments using interest rate swaps, options, or other interest rate derivatives, interest rate risk can be mitigated.
What are interest rate futures used for?Interest rate futures are used to hedge bond portfolios or interest rates as well as for speculative purposes. Interest rate futures can be used by hedgers to lessen the impact of a negative movement in bond prices and rates as well as by speculators to wager on the direction of rate movements.
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cross-border acquisitions are critical to u.s. firms competing internationally: a. if they are to develop differentiated products for markets served. b. if they wish to overcome entry barriers to international markets. c. where consolidated operations are beneficial. d. when market share growth is the focus.
Cross-border acquisitions are critical to US firms competing internationally: a. if they are to develop differentiated products for markets served (B) if they wish to overcome entry barriers international markets.
Why- For US firms who go in for cross border acquisitions, find such acquisition a relatively better prospect to overcome entry barriers in international markets. These acquisition offsets the political, regulatory and operational environment concerns for US firms who leverage the existing clout and capacities of acquired local business to further their product’s entry and share in international markets.
If they are to develop differentiated products for markets served- Differentiated products are easy to develop when a firm is in existence and competing in a international market. Thus first access to international market is necessary and then product differentiation will follow.
Where consolidated operations are beneficial - Before consolidating operations in international market, entry is required
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which of the following is not an argument made by critics of advertising? a. advertising impedes competition. b. advertising manipulates people's tastes. c. advertising increases the perception of product differentiation. d. advertising promotes economies of scale.
The effective use of these strategies depends on the recipient's state of mind, the position of the brand in the market, the type of information available, and the advertising context.
What are the arguments for advertising?The five main categories of arguments are framing, rhetorical, innoculative, comparison, and supportive. These tactics' efficacy depends on the recipient's mindset, the brand's position in the market, the sort of information accessible, and the advertising context.Many people criticise advertising because it frequently persuades individuals to buy things they don't need and makes deceptive claims about products.An advertisement critique essay's goal is to study and evaluate a certain advertisement. Because they need to have an introduction, multiple body paragraphs, and a conclusion, advertisement critique essays are relatively comparable to other types of essays.To learn more about advertising refer to:
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for years, some foreign firms hesitated to send women managers on foreign assignments to countries, such as , because the firms assumed the women would not be accepted in the culture that frowned on women working outside the home. a. canada b. england c. australia d. japan
The correct answer is option D that is for years, some foreign firms hesitated to send women managers on foreign assignments to countries, such as, Japan.
This was because the firms assumed the women would not be accepted in the culture that frowned on women working outside the home.
A deeper failure to eradicate or even fight a discriminatory culture that makes it practically impossible for women to progress a profession while raising a family is concealed by Japan's narrowly construed success in integrating women into the workforce.
With a bipolarization of working hours among female employees, the gender difference in Japan's workplace is still clearly visible, casting a fresh shadow over the country's economy's faltering expansion. Women are increasingly making up the workforce in Japan as a whole.
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What would be the total cost of software F
over time?
$[?]
$6,000
Software E
Software F
$10,000
Satisfaction 75%.$0
Not Satisfied
Satisfaction,
Not Satisfied
25% $12,500
90%-$0
10% $5,000
Enter
The total cost of software F over time is - $3000.
The total cost of software E over time is $1,900.
Data and calculations:
Software cost F = 10,000
Satisfaction rate with F software = 75%
Cost of satisfaction level = 0
Dissatisfaction level cost = 12,500
Percentage of unsatisfied = 25%
The total cost of F software over time is - $3000 {($10,000 x $75% - $0) + ($10,000 x $25% - $12,500)}.
Software cost X = 6,000
Satisfaction rate with software X=90%
Cost of satisfaction level = 0
Dissatisfaction level cost = 5,000
Percentage of unsatisfied = 10%
The total cost of E software over time is $1,900 {($6,000 x 90% - $0) + ($6,000 x 10% - $5,000)
What is total cost?Total cost refers to the amount of economic cost of production and consists of variable cost, which varies depending on the quantity of a good produced with inputs such as labor and raw materials, plus fixed cost, which is independent of the quantity of a good produced plus inputs that cannot be varied in the short term such as buildings and machinery, together with possibly sunk costs.
Therefore, the correct answer is as given above.
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a portfolio has 45 percent of its funds invested in alpha stock and 55 percent invested in beta stock. alpha has a standard deviation of 6 percent. beta has a standard deviation of 12 percent. the securities have a coefficient of correlation of .62. what is the portfolio variance?
The portfolio variance ensures that all components move in perfect harmony.
Portfolio: What is it?
Portfolio management is the process of choosing, prioritising, and managing an organization's programmes and projects in accordance with its strategic goals and ability to carry them out.
Let's imagine the manager needs to distribute Rs 1,000,000 across the investor's potential investment options. The portfolio manager will then present a portfolio that is built around it, taking into account both the investor's risk tolerance and the types of returns that were computed.
Strategies for managing a portfolio should constantly strike a balance between performance and risk. To learn more about the active, passive, discretionary, and non-discretionary approaches to managing your portfolio.
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a company buys electronic components, assembles them into pcs, and then ships them to customers. in this case the electronic components are for the company. a.inputs b.processes c.products d.outputs e.services
A business purchases electronic parts put them together into computers, and then sends them to clients. In this instance, the company's inputs are the electronic components.
What is the name of the electronic component?Other names for the same item include an electronic device, a circuit element, or an electronic component. a fundamental component, often a single package with two or more leads or metal contacts, of an electronic circuit
what are the types of electronic components available?Diodes, resistors, transistors, capacitors, inductors, and resistors are some of the components that make it up. The components are linked together using conductive wires or traces. A circuit, however, can only be said to be finished if it forms a loop and begins and ends at the same location.
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last year, fullerton enterprises had average inventories (raw materials, work-in-process, and finished goods) of $7.5 million. during this same year, the cost of goods sold was $30 million. the company operates 50 weeks per year. what is their inventory turnover? turns (enter your response rounded to two decimal places.)
The $30 million cost of products sold. The business is open 50 weeks a year. The turnover of their inventory is 12.50.
What does the term "turnover" mean?Accounting's idea of turnover demonstrates how quickly a corporation does business. The bills receivable and inventories ratios are the two most used approaches to determining an industry's turnover. The amount of a portfolio sold in a particular month or year is known as turnover in the investment world.
How is turnover rate determined?The quantity of terminations within a given period is divided by the initial employee count to determine the turnover rate. If we have 250 people at the beginning of the year and 10 of them leave their jobs during that time, our turnover rate is 10/200, or 0.05.
Briefing:Inventory turnover rate = cost of items sold / ( average inventory )
=(30)/(7.5)
=4.00
Weeks on hand = (week of operation)/ (inventory turnover rate)
=(50) / (4)
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a car is purchased for . after each year, the resale value decreases by . what will the resale value be after years? use the calculator provided and round your answer to the nearest dollar.
A car is purchased for . after each year, the resale value decreases by, 24,000 in lost value making the car's value zero .
If it lost 20% of its value in the first year, it would have lost 100% of its value by the fifth year, making it worthless.
In the first year, 20/100*24000 equals $4,800.
The value will be after the first year.
Consequently, the value will be in five years.
4800*5= $24,000 in lost value making the car's value zero .
In an effort to shop more responsibly and find a new home for the things in their closet that they no longer want, consumers are turning more and more to secondhand and antique clothing, which has led to a huge rise in the demand of resale in recent years.
Your minor purchases from resale shops, such as a pair of jeans or a formal dress, have a significant influence on the environment. Buying used clothing enables you to carry on the memories of the deceased through your choices.
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The correct question is :
A car is purchased for $24,000 . After each year, the resale value decreases by 20% . What will the resale value be after 5 years? Use the calculator provided and round your answer to the nearest dollar.
when hiring personnel, the profamuch pharmaceutical company communicates their security policy in regards to ongoing organizational efforts of new drug compounds. what security document is typically required to be signed by its new employees that would address the sensitivity of the new drug compounds
The sensitivity of novel medication compounds is often addressed in the drug-testing regulations that new employees must sign for sectors that fulfill public safety and domestic security duties.
Who or what is an employee?A person who is employed to work for another person or business is an employee. Employees only need to be compensated for their job by an employer; they are not required to work full-time.
What characterizes a worker?
Employee is defined simply in the dictionary as "a individual that works for another party in exchange for money or other recompense." 3 Independent contractors could appear to be staff under that definition.
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when analysts develop feasible projections of future events and how quickly they will occur based on observed changes and trends, they are engaged in:
When analysts develop feasible projections of future events and how quickly they will occur based on observed changes and trends, they are engaged in forecasting.
Which section of an external study addresses population age and income issues?The study of a population based on characteristics like age, race, and sex is known as demographic analysis. Socioeconomic information expressed statistically, such as employment, education, income, marriage rates, birth and death rates, and more, is referred to as demographic data.
What does management environmental analysis entail?A strategic technique for identifying and evaluating the internal and external components of a corporate environment is an environmental analysis, often known as an environmental scan. It looks at organizational and sectoral elements that could either help or hurt the company.
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in her job interview, xiu asks about the company policy regarding smartphones. she is told that employees may choose from a limited list of approved devices but that she must pay for the device herself; however, the company will provide her with a monthly stipend. which type of enterprise deployment model does this company support?
Xiu inquires about the company's smartphone policy during her employment interview. She is informed that although there is a small list of authorized devices, employees are required to purchase their own devices and will get a monthly stipend from the employer. The business provides the enterprise deployment model known as CYOD.
Employees who choose the CYOD model can select from a small number of authorized, corporate-liable devices that have the pre-configured protection and management that IT requires to safeguard company data. As part of a CYOD policy, a firm will provide a variety of pre-approved mobile devices, and workers can choose one of them.
Before the worker chooses one of these devices, they are normally set up with security procedures and business apps. Depending on the CYOD policy, the user may purchase the gadget and own it immediately, or the business may provide employees with a stipend to help with expenses while preserving ownership.
Since it still gives employees some latitude in choosing their devices, CYOD is sometimes viewed as a compromise between BYOD and other restrictions.
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mystic laboratories reported total assets of $10,500,000 and noncurrent assets of $2,167,000. the company also reported a current ratio of 1.3. what amount of current liabilities did the company report?
Current Liabilites = $2,777,667
What is Liability?
A liability is a debt that a person or business has, typically in the form of money. Through the transmission of economic advantages like money, products, or services, liabilities are eventually satisfied.
Total assets of $10,500,000
Less: Noncurrent assets $2,167,000
Current Assets = $8,333,000
Current ratio of 1.3 = Current Assets / Current Liablities
Current Liabilites = 8,333,000 / 1.3
= $2,777,667
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Which of the following would constitute other areas of specialization in real estate brokerage, other than residential sales?
A) commercial property sales B) industrial property sales C) Vacant land and lot sales D) all of these
What will constitute areas of specialization in real estate brokerage, other than residential sales are:
commercial property salesindustrial property salesVacant land and lot salesThe Option D is correct.
What does real estate brokerage mean?To begin a home purchase or sale, buyers and sellers require a common platform. The same is true for landlords and tenants looking to rent out their properties. The real estate brokerage industry arose to serve as that common platform for all of the parties mentioned above. Traditionally, individual realtors or agents assisted buyers and sellers (or landlords and tenants) in contacting one another.
Later, as the housing market began to experience unprecedented growth following economic liberalisation in the 1990s, the business saw the emergence of mega brokerage firms. Today, there are many real estate brokerage firms that cater to the needs of buyers and sellers in various residential and rental properties.
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which definition describes the portuguese caravel? a navigational aid a three-masted sailing ship a kind of cannon a trade agreement
The Portuguese utilized the caravel, a tiny, nimble sailing vessel, to explore the Atlantic Ocean and the coast of West Africa in the 15th century.
What is an example of a trade agreement?
The North American Free Trade Agreement (NAFTA), Central American Free Trade Agreement (CAFTA-DR), European Union (EU), and Asia-Pacific Economic Cooperation are a few examples of regional trade accords (APEC).
What does a trade deal serve?
A free trade agreement is a deal reached between two or more countries to lower import and export restrictions. Under a free trade policy, there are little to no government tariffs, quotas, subsidies, or bans that prevent the exchange of products and services across borders.
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what type of fund would typically be used to account for a municipal bus operation where users are charged a fee to ride the bus, and the fees collected are used to pay for the daily operation?
The type of fund typically used by a municipal bus operation where users pay a fee to operate the bus and the fees collected are used to pay for the day-to-day operation is a General Fund.
What is a General Fund?
A general fund is a primary fund used by a government agency. This fund is used to record all inflows and outflows of resources that are not related to special funds. The activities funded by the general fund constitute the central administrative and operational tasks of the governing body. Since the majority of all resources go through the general fund, it is vital to keep its expenses in check.
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