What's a legal description? Unset starred question A description of the land that specifies the boundaries and location of a specific piece of real property An object used as a boundary or starting point for a metes and bounds description A professional, on-site measurement of the lot lines and dimensions of a property, including the location of any improvements (such as a house) on the lot, any encroachments that may exist, and any easements of public record The street address of a property, including the city, state, and zip code (also known as a "mailing address")
Answer:
A description of the land that specifies the boundaries and location of a specific piece of real property.
Explanation:
A property right is the exclusive or sole authority which determines the legal ownership of resources and how these resources are to be used, whether by individuals or government.
An equitable title can be defined as the right of an individual to use and enjoy an asset (property) due to his or her financial interest in the asset.
On the other hand, a legal title can be defined as the actual (absolute) ownership of a property that is recognized and enforceable in a court of competent jurisdiction.
On a related note, legal description is a description of the land which typically specifies the boundaries and location of a specific piece of real property such as house, land, etc. Thus, it can be used by land surveyors to accurately estimate or determine property lines at a future.
A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $58; Second purchase $69; Third purchase $70. If the company sold two units for a total of $215 and used FIFO costing, the gross profit for the period would be
Answer:
like 412 or sum
Explanation:
Exhibit 9.2 USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S) Assume that the dividend payout ratio will be 75 percent when the rate on long-term government bonds falls to 8 percent. Because investors are becoming more risk averse, the equity risk premium will rise to 7 percent and investors will require a 15 percent return. The return on equity will be 12 percent. Refer to Exhibit 9.2. What is the expected sustainable growth rate
Answer:
3%
Explanation:
Expected sustainable growth rate = (1 - Payout ratio) * Return on Equity
Expected sustainable growth rate = (1 - 0.75) * 12%
Expected sustainable growth rate = 0.25 * 0.12
Expected sustainable growth rate = 0.03
Expected sustainable growth rate = 3%
So, the expected sustainable growth rate is 3%
What return do you expect earn if you buy the 3 years ,10% coupon bond today and sell it in exactly 1 year( if current price is 1051.45 rupees)
Answer:
8.02%
Explanation:
Since corporate bonds pay coupons semiannually, it would be important to first all determine the semiannual yield to maturity of this bond using a financial calculator as shown below:
We need to set the calculator to its end mode before making the following inputs:
N=6(number of semiannual coupons in 3 years=3*2=6)
PMT=50(semiannual coupon=face value*coupon rate/2=1000*10%/2=50)
PV=-1051.45 (current price)
FV=1000(bond's face value)
CPT
I/Y=4.02%
After one year, there would 4 semiannual coupons left, we can compute the bond price as shown thus:
N=4
PMT=50
I/Y=4.02(without % sign)
FV=1000
CPT
PV=1,035.56
The expected rate of return over one year is computed thus:
N=2(number of semiannual coupons in 1 year holding period)
PMT=50(the amount of each semiannual coupon)
PV= -1051.45
FV=1,035.56(selling price after one year)
CPT=4.01%(on a semiannual basis)
annual rate of return=4.01%*2=8.02%
A company incurred the following costs associated with the purchase of a piece of land that it will use to re-build an office building: Purchase price of the land$690,000 Sale of salvaged parts already on land$20,000 Demolition of the old building$32,000 Ground-breaking ceremony (food and supplies)$1,800 Land preparation and leveling$8,300 What amount should be recorded for the purchase of the land
Answer:
Purchase of land $710,300
Explanation:
The computation of the amount that should be recorded for the purchase of the land is shown below:
Purchase Price of the land $690,000
Less: Sale of salvaged parts already on the land -$20,000
Add: Demolition of the old building $32,000
Add: Land preparation and leveling $8,300
Purchase of land $710,300
For years, the world used a small nation in Central America as a place to assemble goods and benefit from inexpensive labor. The nation decided to shift its base from simple assembly to a full-fledged manufacture of components and finished goods. It introduced a policy that stated 65 percent of the value of a product must be produced locally. This is an example of a(n)
Answer: Local Content Requirement
Explanation:
Local Content Requirements are the rules whereby a company must get a particular amount of the final value of a good from the domestic firms by buying from the local companies or sometimes through the manufacturing of the good locally.
The local content requirements is used by the government in order to protect and develop the domestic industries and ensure economic growth.
Industries that produce A. durable goods are more affected by recessions than is the economy as a whole. B. goods that are expected to last for fewer than three years are more affected by recessions than are durable goods. C. durable goods are less affected by recessions than is the economy as a whole. D. goods that are expected to last for three or more years are less affected by recessions than are nondurable goods.
Answer:
A. durable goods are more affected by recessions than is the economy as a whole
Explanation:
The industries produce those types of goods that are durable also it could highly impacted whenever the recessions come in the market if we compared with the overall economy
Here durable goods means the goods that can be consumed for the longer time like cars, home appliances, etc
Therefore the above statement should be true
hence, the correct option is a.
What is the difference between revenue and profit?
Answer:
Revenue is the total amount generated by the sales of goods or by services related to company's primary operations. However, profit is the amount of income left after accounting for all expenses, debts and etc.
Masterson Company's budgeted production calls for 71,000 units in April and 67,000 units in May of a key raw material that costs $1.85 per unit. Each month's ending raw materials inventory should equal 20% of the following month's budgeted materials. The April 1 inventory for this material is 14,200 units. What is the budgeted materials purchases for April
Answer:
70,200 units
Explanation:
Calculation to determine the budgeted materials purchases for April
Using this formula
Budgeted material needed for april=April budgeted production calls +
+ (Ending inventory*Ending inventory percentage)- Beginning inventory
Let plug in the formula
Budgeted material needed for april= 71,000 + (67,000*20%) -14,200
Budgeted material needed for april= 71,000 + 13,400-14,200
Budgeted material needed for april= 70,200 units
Therefore the budgeted materials purchases for April is 70,200 units
Plastbolt, a company that manufactures and supplies plastic bottles, wants to acquire a smaller company. It plans to invest in two smaller plastic manufacturing companies and buy the one that it finds yields better returns. In this scenario, Plastbolt is most likely using
Answer:
options-based planning
Explanation:
Options-based planning is defined as one that focuses on what could go wrong in a given business venture. Resources are now used to mitigate the projected issues that can arise.
In the give scenario Plastbolt is trying to invest in two smaller plastic manufacturing companies and buy the one that it finds yields better returns.
So they have an option of going ahead with the venture that has better returns.
If you borrow $421 for 9 years at an interest rate of 4%, how much interest will you pay?
I will assume it as simple interest as nothing is mentioned
SI = (P × R × T)/100
SI = (421×4×9)/100
SI = 15156/100
SI = 151.56
You will pay $151.56
Answered by Gauthmath must click thanks and mark brainliest
President Hoover's approach to the Great Depression was to a leave the economy alone to work itself out of trouble. b nationalize major industries. c encourage the states to stimulate spending. d work for the breakup of business monopolies. e offer federal assistance to businesses and banks but not individuals.
Answer:
e. offer federal assistance to businesses and banks but not individuals.
Explanation:
Herbert Clark Hoover was democratically elected as the 31st President of the United States of America and he served from the 4th of March, 1929 to the 4th, March, 1933.
The Great Depression was a period of severe economic meltdown or downturn (crisis) of the industrialized world and it started from the United States of America, typically lasting for about ten years (1929-139).
Basically, the Great Depression started in America on the 4th of September, 1929 as a result of a major fall in the prices of stocks and consequently, leading to a stock market crash on the 29th of October, 1929.
Hence, the negative effects of the Great Depression includes a decline in investments, tax revenues, market price, personal income level, consumer spending, profits and a general rise in unemployment rate.
As a result of the aforementioned negative effects, struggling businesses had to lay off workers in order to try to remain open during the Great Depression.
However, President Hoover's approach to the Great Depression was to offer federal assistance to businesses and banks but not individuals.
One of the following must be used as a starting point in order to perform an analysis that will determine what the connections between imbalances of trade in goods and services and the flows of international financial capital are. Which one is it?
A. sketch patterns of trade deficits
B. sketch patterns of trade surpluses
C. define the level of trade
D. define the balance of trade
Answer:
Option d: Define the balance of trade
Explanation:
Balance of trade
This is simply known as the difference in terms of value between the import and exports of a particular country. It is known as one of the starting point in order to perform an analysis that will determine what the connections between imbalances of trade in goods and services and the flows of international financial capital.
The Factors that can affect the balance of trade
1. Cost of production
2. Cost and availability of raw exchange rate movements
MC Qu. 01 Darius is considering buying new bedroom... Darius is considering buying new bedroom furniture. Naturally, he compares several types of beds, dressers, and bedside tables, but he also is evaluating each product's reputation, warranty, his own experience with the brand and, of course, the price. All of the components that Darius is evaluating make up Multiple Choice the total product offering. his product mix. his brand awareness. the core product evaluation.
Answer:
the total product offering.
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, furniture, computer, soft drinks, motorcycles, shoes, clothes, etc.
A total product offering can be defined as all of the features and attributes of a product that a consumer evaluates when he or she is deciding whether or not to buy a particular product. Some of the important elements of a total product offering are price, convenience, guarantee, warranty, producer's reputation, buyers' past experience, speed of delivery, brand name, package, etc.
In this scenario, Darius wants to buy a new bedroom furniture. Naturally, he compares the various attributes of a product which include types, warranty, reputation, price, product experience, etc.
Hence, all of the components that Darius is evaluating make up the total product offering.
Suppose that Fizzo and Pop Hop are the only two firms that sell orange soda. The following payoff matrix shows the profit (in millions of dollars) each company will earn depending on whether or not it advertises: Pop Hop AdvertiseDoesn't Advertise FizzoAdvertise10, 1018, 2 Doesn't Advertise2, 1811, 11 For example, the upper right cell shows that if Fizzo advertises and Pop Hop doesn't advertise, Fizzo will make a profit of $18 million, and Pop Hop will make a profit of $2 million. Assume this is a simultaneous game and that Fizzo and Pop Hop are both profit-maximizing firms. If Fizzo decides to advertise, it will earn a profit of $ million if Pop Hop advertises and a profit of $ million if Pop Hop does not advertise. If Fizzo decides not to advertise, it will earn a profit of $ million if Pop Hop advertises and a profit of $ million if Pop Hop does not advertise. If Pop Hop advertises, Fizzo makes a higher profit if it chooses . If Pop Hop doesn't advertise, Fizzo makes a higher profit if it chooses . Suppose that both firms start off not advertising. If the firms act independently, what strategies will they end up choosing
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15. Giả sử bạn là nhân viên bán hàng tại quầy hàng bán mỹ phẩm. Một nam khách hàng vào mua quà tặng bạn gái nhân dịp 14-02. Bạn hãy nêu những nguyên tắc tư vấn và thuyết phục khách hàng mua hàng tại cửa hàng
Both competitive firms and monopolies produce at the level where marginal cost equals marginal revenue. Then, other things remaining the same, why is price lower in a competitive market than in a monopoly? A. Competitive markets face perfectly elastic demand and marginal revenue, while monopolies face downward-sloping demand and marginal revenue. B. Competitive markets face perfectly inelastic demand and marginal revenue, while monopolies face perfectly elastic demand and marginal revenue. C. The government puts a cap on how much a competitive firm can charge, while a monopolist can charge any price it chooses. D. A competitive market sets its price where marginal cost equals demand, while a monopolist sets its price where marginal cost equals marginal revenue.
Answer:
A. Competitive markets face perfectly elastic demand and marginal revenue, while monopolies face downward-sloping demand and marginal revenue.
Explanation:
In the case when competitive firms and monopolies generated at the level in which the marginal cost is equivalent to marginal revenue keeping the other things constant so the price should be less in the competitive market as compared to the monopoly because in the competitive markets it face perfectly elastic demand but in the monopoly it face the down ward sloping demand curve
Therefore the option a is correct
Explain the different management tasks.
Answer:
planing
organizin
controlling
leading
Tina purchased a personal umbrella policy with a $1 million limit. Her insurer required her to carry liability limits of 250/500/50 under her auto insurance policy. The personal umbrella policy was written with a $1,000 self-insured retention. Tina was responsible for an auto accident in which the other driver was severely injured. The other driver's bodily injuries were $400,000 and the property damage was $20,000. How much will the insurer pay under Tina's umbrella policy
Answer: $150000
Explanation:
The Personal Umbrella Policy helps in the provision of protection against a catastrophic judgement. Also, the excess liability insurance will be provided in amounts starting from $1-$10 million.
Based on the information given in the question, the amount that the insurer will pay under TIna's umbrella policy will be:
= $400,000 - $250,000
= $150,000
The insurer will pay $150,000 under Tina's umbrella Policy wherein it not only covers the policy owner but also other family members or households.
What is a Personal Umbrella Policy?Umbrella insurance is a type of personal liability insurance that covers claims in excess of homeowners, car policy, or shipping policy. The umbrella insurance covers not only the policy owner but also other family members or households.
The Personal Umbrella Policy helps in the provision of protection against a catastrophic judgment. Also, the excess liability insurance will be provided in amounts starting from $1-$10 million.
Based on the information, the amount that the insurer will pay under Tina's umbrella policy will be:
[tex]= \$400,000 - \$250,000\\\\= \$150,000[/tex]
Hence, The insurer will pay $150,000 under Tina's umbrella Policy.
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A property owner owned a tract of land that he leased to a baker for 27 years. The baker built a large bakery on the property. The baker then sold the bakery building to a buyer, assigning the lease with the property owner's approval. The buyer has failed to make a rent payment for several months and has also failed to build the cafe that the baker had agreed to build in the original lease. Who can the landlord of the property hold liable
Answer: The Baker
Explanation:
Payment is a form of contract and until payment has been done with papers signed it is not yet an agreement or a contract. The baker is still liable for anything that has to do with the land, the buyer has not paid any money and is not responsible. The landlord would hold the baker accountable, while the baker has to keep in touch with the buyer to know his interest in the property but till then, the baker is to be held accountable.
During the late 1990s, a lot of big animation companies started to move away from the traditional hand-drawn animation and towards computer animation. As a result, they had to lay off their employees who did not have experience with computer animation. What type of unemployment did these workers experience
Answer:
Structural unemployment
Explanation:
Structural unemployment is the type that occurs as a result of changes in an industry that results in a mismatch between the job requirements and the skills the workers have to offer.
In the given scenario big animation companies started to move away from the traditional hand-drawn animation and towards computer animation.
So workers that were skilled in traditional hand drawing and who did not know how to do computer animation were now redundant.
This resulted in the mass lay offs. It is an example of structural unemployment
7. Priscilla took out a loan for a new car. What is MOST likely to be TRUE about this process?
Answer: D. The bank will hold the title of the car until her loan is paid off.
Explanation:
When a person uses a car loan to buy a car, the car itself is also used as collateral which means that if the person defaults on the loan, the bank is allowed to repossess the car.
In order to do this, the bank will hold the title of the car until the borrower is able to pay off the loan. Only then is the title properly transferred to the owner who is this case is Priscilla.
If you could choose to be anything you want, what would you choose to be and why? 2-3 paragraphs
Strategic alliances are more likely to be long lasting-when Group of answer choices both partners are experienced with strategic alliances and routinely enter into collaborative agreements with firms in peripheral industries. the alliance involves partners based in countries with distinctly different cultures and consumer buying habits and preferences. each partner has considerable resource weaknesses in the marketplace. they involve collaboration with suppliers or distribution allies or when both parties conclude that continued collaboration is in their mutual interests. the alliance involves joining forces in R
Answer:
they involve collaboration with suppliers or distribution allies or when both parties conclude that continued collaboration is in their mutual interests.
Explanation:
A partnership can be defined as a type of business ownership in which two or more individuals come together to start up a business and share the profits made together.
Basically, there must be mutual understanding and assent between the parties involved in the establishment or creation of a partnership form of organization (business).
Additionally, a partnership form of business is considered to be one of the easiest type of business to start up or form once there is an agreement between two or more individuals to establish a lawful and legal business.
Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers.
The key principle of supply chain management can be best summed up as collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing, a wholesaler, and a retailer who typically sells the products to the customers or consumers.
Strategic alliances are more likely to be long-lasting when they involve collaboration with suppliers or distribution allies or when both parties conclude that continued collaboration is in their mutual interests.
What
do we
mean
by Forms
Of Ownership ?
Answer:
thats a good one
Explanation:
The materials price variance is the difference between the actual price of materials ______. Multiple choice question. and the standard price for materials with the difference multiplied by the standard quantity of material allowed and the standard price for materials with the difference multiplied by the actual quantity of materials times the actual quantity of materials and the standard price of materials times the standard quantity allowed for production
Answer:
and the standard price paid for direct materials multiplied by the actual quantity of direct materials purchased
Explanation:
The formula to calculate the material price variance is
Material price variance is
= (Standard price - actual price) × actual quantity
Based on the above formula, the above statement represent the formula of the material price variance
Hence, the same is to be considered
SOMEONE HELP ME PLEASE
Which sentence describes a cooperative organization?
Cohen and his friends work in a cooperative organization.
They own and control the functions of the organization.
Their sole motive is to gain profit.
They can trade their stocks in the financial market.
The statement "They own and control the functions of the organization" best describes a cooperative organization.
A cooperative is when two or more people come together to form an organization or form a business that is democratically run and managed by them alone. This means that it is a united effort by the individuals involved to run a business.
Cooperatives may vary according to the needs and wants of the individuals. But at the same time, the rules and other policies can also be changed to suit the need of the members.Cooperatives represent a much better form of unity and accomplishments, especially for lesser known individuals or less powerful members of the society.Such individuals may be farmers, workers, individual producers, etc. who would unitedly work to accomplish common goals and beliefs.Thus, the correct answer is the second option.A cooperative organization, in short, can be best stated as the unified union or gathering of various individuals with different expertise or dreams with the aim to achieve success. They share the responsibilities among themselves and also control the functions of the organizations equally.
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'Cooperative Organization' is characterized as the 'organization that is either partially or wholly owned and regulated by its employees, customers, or tenants.'
The sentence that appropriately describes such an organization would be:
B). They own and control the functions of the organization.
In a cooperative organization,
The people willingly come forward to accomplish their common needs including various economic, communal, and cultural needs. To serve these purposes, these people collectively own an enterprise/company whose goods and services are used by them only. Each member carries equal power and rights in such an organization Agriculture, utilities, Insurance, Healthcare, etc. are some of the illustrations of such organizations.Learn more about 'Cooperative organization' here:
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A sales associate listed a condo for $205,000. A sales associate from a competing office called the listing associate to inform him of a verbal offer of $190,000 on the property. The listing associate did not present the verbal offer. Which statement applies to this situation
The statement that applied to the given situation is "Listing associate that needs to present the verbal offer to the seller and act as the individual seller or transaction agent" is considered.
The information related to the transaction agent should be as follows:
The purchasers & sellers should be assisted in the real estate transactions having no financial interest.It is treated as a neutral third party but at the same time, it is bounded as per the law and the ethical principles.The other statements should not be relevant.
So, here we can conclude that a listing associate that needs to present the verbal offer to the seller and act as the individual seller or transaction agent" is considered.
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Which of the following is NOT true about stocks?
they are shares of ownership of company
All of these
you can buy them in a secondary market
owning only shares of a single stock increases risk
they are guaranteed to hold their value over time
Answer:
they are guaranteed to hold their value over time.
Explanation:
A stock is also referred to as equity and it can be defined as a security that represents a stockholder's ownership of a fraction of a corporation.
Corporations can be sold to investors through stocks or shares, as a public entity. Thus, a company that engages in the sales of ownership shares to many investors is referred to as a corporation.
The book value per share of stock can be defined as a measure of the total amount of value associated with a net asset that an investor is entitled to when he or she buys a share of stock.
Hence, the book value per share of stock is a ratio of the equity gotten by an investor to the amount of outstanding shares.
The true statements about stocks include the following;
I. A stock can be purchased or bought in a secondary market.
II. Owning only shares of a single stock increases risk because you can loose everything when the company or corporation is negatively affected by a disaster.
III. Stocks are shares of ownership of company.
However, just like every other securities, stocks aren't guaranteed to hold their value over time.
Capital has diminishing returns in the Solow model, but ideas do not have diminishing returns in the Romer model because Group of answer choices capital is scarce, but new ideas are not scarce. capital is a rival object, but ideas are non-rival. capital depreciates because it is a physical object, but ideas cannot depreciate because they cannot physically break over time. capital is excludable, but ideas are non-excludable.
Answer:
capital is a rival object, but ideas are non-rival.
Explanation:
The ideas are non rivalrous and have no restrictions on their return.