This example shows that C. A segment must be large enough to warrant developing and maintaining a product.
What is a product?A product can be defined as any physical object (tangible item) that is typically produced by a manufacturer so as to satisfy and meet the demands, needs or wants of every customer.
In Business management, some examples of a product include the following:
Digital cameraRefrigeratorLaptop computerSmartphones or Mobile phonesTelevisionMicrowave ovenSoftwareShampooDrugsBased on the research conducted by Carol, we can reasonably infer and logically deduce that a market segment must be large enough before a manufacturer (producer) can develop and maintain a product, as well as making profit by selling the product.
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Complete Question:
Carol has developed a new needle threader for stitching. She has used the needle threader herself and contacted all of the other stitchers in her area. After months of research, she decided that other stitchers were satisfied with the needle threaders they already used and that she couldn't make a profit by selling her new needle threader. This example shows that
A. Carol's needle threader didn't work very well
B. People who enjoy cross-stitch and needlepoint do not form a market segment
C. A segment must be large enough to warrant developing and maintaining a product
D. Carol should keep trying to sell her product
if a prospect calls to rsvp for a meeting, a permission to contact form is not required for that meeting but would be required for a representative to place a follow-up call to a meeting attendee.
'If a prospect calls to rsvp for a meeting, a permission to contact form is not required for that meeting but would be required for a representative to place a follow-up call to a meeting attendee.
This statement is True.
Prospect calls is defined as an internal sales rep calling or emailing a prospect to offer an opportunity to an account manager.
The idea behind the prospecting call is to find out if there is a potential match between two parties, and if so, to establish a relationship with the prospect instead of pitching the prospect over the phone. The focus is on building.
Prospecting is the first step in the sales process and consists of identifying potential customers, also called prospect calls . The goal of prospecting is to build a database of potential customers and communicate with them in a systematic way in hopes of converting potential customers to current customers.
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the dividend for should i, inc., is currently $1.60 per share. it is expected to grow at 12 percent next year and then decline linearly to a 3 percent perpetual rate in four years. if you require a 14 percent return on the stock, what is the most you would pay per share?
The value of a share is equal to the present value of all future dividends Since the growth rate will literally fall to 3%, it will be 9%,6%, and 3% in years 2,3 and 4 Value =$17.56 Hence, most to be paid =$17.56.
In finance, a dividend future is an associate degree exchange-traded by-product contract that enables capitalists to require positions on future dividend payments. Dividend futures is on one company, a basket of companies, or on an Equity index. They choose the quantity of dividend paid by the company, the basket of companies, or the index throughout the amount of the contract.
For example, if company A pays a quarterly dividend of $0.25 in 2012. If an investor buys a 2012 dividend future, the settlement price of the longer term will be adequate four x $0.25 = $1 per contract. The profit or loss the investor builds depends on the distinction between the value they bought or sold for the longer term and also the settlement price. For instance, if the capitalist bought the 2012 dividend future at $0.90, he would make a profit of $0.10 per contract. Most dividend futures trades occur before the dividend is known, thus permitting investors to travel "long" or "short" the future dividend payment.
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when managers of oligopolies work together to limit the quantity of goods available in the market and create a shortage, they can unfairly destroy smaller competitors by
When managers of oligopolies work together to limit the number of goods available in the market and create a shortage, they can unfairly destroy smaller competitors by Price fixing.
In an oligopoly, there are a small number of large firms and there is a significant entry barrier.
So, the firms in an oligopoly often enter into agreements with each other to control the market supply to achieve a target price for their produced goods. This is an anti-competitive practice.
Price fixing is an agreement (written, verbal, or inferred from conduct) among competitors to elevate, lower, keep, or stabilize costs or fee ranges. normally, the antitrust legal guidelines require that each employer establish costs and different aggressive phrases on its own, without agreeing with a competitor.
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a company purchased $3,100 of merchandise on july 5 with terms 3/10, n/30. on july 7, it returned $340 worth of merchandise. on july 8, it paid the full amount due. the amount of the cash paid on july 8 equals:
The amount of cash paid on July 8 is $2677.
As per the company if buyer pay within 15days then they will get additional discount otherwise if company pay as per normal I.e if buyer pays within 30 days, then no additional discount will be provided.
Calculation of discount = 3100-340
: =2760*3%=$26767
The commodities or items which might be sold and bought in business: wares sell a number of spring merchandise. 2 archaic: the profession of a merchant: trade. merchandise.
Merchandise is the time period used for any product that you may promote or buy. Any exact on the market is merchandise, a few examples include groceries in a supermarket, garments in a retail store, electronics on an internet site or uncooked substances in a production warehouse.
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All of us must make decisions based on opportunity costs every day. What are five decisions based on opportunity costs that you commonly make? Explain and discuss.
A student spends three hours and $20 at the movies the night before a test. The opportunity cost includes both the time spent learning and decisions the money that could have been spent elsewhere.
A farmer decides to plant wheat; the opportunity cost is planting a different crop or using the resources in another way . Because of scarcity, whenever we do one thing, we must necessarily forego doing something else decisions valuable. So everything we do has an opportunity cost, and that cost is stated in terms of the most valuable option that is forfeited. Many areas of life decisions involve opportunity cost.
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set during the marketing research process, are the specific, measurable goals the decision maker seeks to achieve in conducting the marketing research.
The goals of your research study are outlined in the research objectives. They aid in concentrating your study and provide a summary of the project's methodology and goal.
Set during the marketing research process, research objectives are the specific, measurable goals the decision maker seeks to achieve in conducting the marketing research .
The conclusion of your problem description at the opening of your research paper, list your objectives. Your study goals should be SMART—specific, measurable, attainable, realistic, and time-bound are types of research objective. To support and enhance your business concept, market research combines consumer behavior and economic trends. It's critical to comprehend your customer base right away. Even when your company is simply an idea in your head, market research can help you lower your risks.
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The question was incomplete. Check below the complete question.
set during the marketing research process, are the specific, measurable goals the decision maker seeks to achieve in conducting the marketing research.
a. measures of success
b. research objectives
c. marketing research plans
d. decisions
e. definitions
michael is trying to determine where to open two new store locations. he has population data to determine the amount of revenue he will receive for each location. he is charged a $1000 fee for operating in the evening at the downtown location. he is given a credit of $1153 for operating during the evening at the midtown location. based on this information, which locations should he choose?
Based on this information, Michael should choose Perimeter and Downtown to open two new store locations.
Perimeter Downtown Midtown Suburbs
Morning 1500 1050 400 602
Evening 1800 1900 1400 1350
Revenue per
Customer in ($) 6.25 6.55 8 9
Total Revenue $20,625 $19,322.5 $14,400 $17,568
Charge fee (Debit) - $1000 - -
Credit - - $1153 -
Net Worth $20,625 $18,322.5 $15,553 $17,568
Considering the provided detailsPerimeter and Downtown have a greater net worth.
Therefore, he ought to pick Perimeter and Downtown for his two
new store sites.
Total Revenue = (Morning + Evening ) × Revenue per consumer
As Operation Charge for downtown = Total Revenue - Operation fee
Credit for operation in midtown = Total revenue + Credit
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4. what relationship exists between changing interest rates and the rates of return for various savings accounts, money market accounts, and certificates of deposit of various lengths?
Changes in interest rates are directly related to changes in the nominal rates of return available on savings accounts, money market accounts, and certificates of deposit.
Longer-dated securities often provide better rates of return than shorter-dated securities. Very short-term debt investments are traded on the money market. Large-volume trades between institutions and traders are involved at the wholesale level. At the retail level, it covers money market accounts created by bank clients as well as money market mutual funds purchased by individual investors. In the money market, a lot of relatively short-term debt items, like overnight reserves or commercial paper, are bought and sold.
Investments in the money market can be made by buying Treasury bonds, money market mutual funds, or by opening a money market account with a bank. Safety and liquidity are the defining characteristics of money market investments, with money market fund shares priced at $1.
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The question was incomplete. Check below the full question.
How has online banking changed the way consumers select and use various financial services? (LO4.1)
What relationship exists between changing interest rates and the rates of return for various savings accounts, money market accounts, and certificates of deposit of various lengths? (LO4.1)
What fees and deductions may be overlooked when balancing your checking account? (LO4.4)
imagine that you are the president of a university, and the date is august of 2020. as the covid-19 outbreak reaches new heights of severity, the decision falls to you whether students should come back to campus at the start of the semester, whether students should come back at some point during the semester, or whether the students should stay remote for the entire semester. using what you have learned about the fundamental principles of microeconomics, describe in words the thought process you might go through as you determine which decision to make. try and incorporate all four principles
If I were a chancellor, then I would make a hybrid, half would come to campus and the other half would be made online learning, because if all of them were made offline, then the covid-19 outbreak would spread widely.
COVID-19 is a contagious infectious disease caused by the novel coronavirus or a new type of corona virus. COVID-19 stands for Corona (CO), Virus (VI), Disease (D, disease) which was discovered in 2019. This virus infects the lungs. The severity of the COVID-19 disease varies. Most corona positive people experience moderate symptoms (fever, fatigue, body aches, dry cough, stuffy nose, to diarrhea) and mild symptoms.
Meanwhile, 1 in 6 corona positive people experience severe symptoms such as difficulty breathing. The elderly and people with co-morbidities such as high blood pressure, heart problems, and diabetes have a greater potential for harm when exposed to the corona virus. Corona virus is a large family of viruses that cause various diseases, from moderate ones such as fever to more serious ones such as MERS and SARS. Meanwhile, the corona virus that is now endemic has the official name SARS-CoV-2 or Severe Acute Respiratory Syndrome Coronavirus 2. The virus was first identified in December 2019 in Wuhan City, China.
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mark is single and must start taking distributions from his traditional ira beginning april 1, 2021. at the end of 2020 when mark was 71 years old, the ira had a balance of $110,000. what amount must mark take as a distribution from the ira by april 1, 2021?
$4,151 amount must Mark take as a distribution from the Individual Retirement Act by April 1, 2021 when the IRA had a balance of $110,000.
There are three steps in the RMD calculation for traditional Individual Retirement Act account holders:The account's balance as of December 31 of the preceding year should be noted. Locate the distribution factor on the calculation tables that matches your age as of the current year's birthday.
To calculate the RMD, divide the account balance by the factor number.
Mark is single and must start taking distributions from his traditional IRA beginning April 1, 2021. at the end of 2020 when Mark was 71 years old.
The distribution factor for age 71 is
26.5%RMD= 110,000/26.5% = 4151
Hence Mark must $4151 as a distribution from the IRA by April, 2021
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the process by which a manager shares performance information with a subordinate and develops a plan for the future development of that subordinate is known as
The process by which manager shares performance information with a subordinate and develops a plan for future development is called Feedback.
In order for the receivers of the feedback to modify and enhance their effectiveness, conduct, or activities, feedback is defined as useful information, criticisms, or reviews about a preceding activity, achievement, or conduct of an individual, business, or organization. Feedback takes place when a person, an environment, or a system communicates its response to an action. For example, when customers leave a review, it is their reaction to a company's good or service.
Feedback is really very important in workplace, as when we talk about the performance of employees it makes them feel good and also motivates them to work more harder in future to get such appraisal again and will also help in correcting the mistakes in employees are doing it.
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If a company’s inventory was destroyed by fire, but the accounting records were saved, the method that would probably be used to estimate the amount of inventory lost would be ________.
The method that would probably be used to estimate the amount of inventory lost if a company’s inventory was destroyed by firebut the accounting records were saved is gross profit method.
The gross profit method can be described as the estimate value of inventory by applying the company's historical gross profit percentage to current‐period information about the cost of goods available for sale and net sales. Gross profit equals net sales minus the cost of goods sold., so the formula of gross profit method is:
Gross Profit = Revenue – Cost of Goods Sold
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for the most recent year available, the mean annual cost to attend a private university in the united states was $50,900. assume the distribution of annual costs follows the normal probability distribution and the standard deviation is $4,500.
Ninety five percent of all students at private universities pay less than $58280.
Given:
α = $50900
β = 4500
P(Z<z) = 0.95
P(z<1.64) = 0.95 (using standard normal table)
Z = 1.64
Using 'Z' score formula
X = α + Zβ
= 50900 + (1.64) . (4500)
X = 58280
$58280
A standard normal table is a mathematical table representing the values of, which are the values of the cumulative distribution function of the normal distribution. It is also known as the unit normal table or the Z table. It is employed to determine the likelihood that a statistic will be seen below, above, or between values on the standard normal distribution, and consequently, any normal distribution. It is customary to convert a normal to a standard normal before using the standard normal table to calculate probabilities since there is no way to produce probability tables for every possible normal distribution due to the infinite diversity of normal distributions.Learn more about Standard normal table, here
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What are hackers on computers ?
Answer:
Computer hackers are unauthorized users who break into computer systems in order to steal, change or destroy information, often by installing dangerous malware without your knowledge or consent.
Explanation:
Continued evidence supports lifestyle management techniques to improve blood glucose control. Directly aligning with the dietary guidelines, individuals with diabetes are encouraged to?.
Diabetic patients have been advised to pay more attention to healthy lifestyle choices as part of a therapeutic regimen for managing the diseases.
Aligning with dietary guidelines helps to inform patient or help them decide what food choice if beneficial: this include cutting down on carbs, consuming more vegetables, staying hydrated and exercising regularly.
Another dietary advice often given to diabetic patients is the reduction in the consumption of alcohol or no consumption at all. Aligning with all of these guidelines could reduce the severity of this disease and help the patient live healthier. These practices can help keep the blood glucose level with safe range.
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because of the risk of material misstatement, an audit of financial statements in accordance with generally accepted auditing standards should be planned and performed with an attitude of:
Prbecause of the risk of material misstatement, an audit of financial statements in accordance with generally accepted auditing standards should be planned and performed with an attitude of professional Skepticism
In psychology, an individual's attitude is a psychological concept that refers to a mental and emotional entity that either exists in or characterises them; alternatively, an individual's attitude can be defined as their approach to or personal viewpoint on a certain material. Their thoughts, perspective, and sentiments are all part of their attitude. Complex and learned by experience, attitudes are a state of mind. A person's attitude is their predisposed state of mind toward a value, and it is triggered by how they respond to themselves, another person, a location, a thing, or an event (the attitude object). The attitude object then affects how they think and act. The attitudes that people hold the material about themselves and the outside world are those that are easiest to understand. This hidden psychological construct has been called "the most distinctive and essential notion in current social psychology," according to renowned psychologist material Gordon Allport.
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the brown manufacturing company's costing system has two direct-cost categories: direct materials and direct manufacturing labor. manufacturing overhead (both variable and fixed) is allocated to products on the basis of standard direct manufacturing labor-hours (dlh). at the beginning of 2014, beal adopted the following standards for its manufacturing costs:
Here the direct materials price variance is $8,060 favorable, the direct materials efficiency variance is $2,800 favorable, the direct labor rate variance is $7,850 unfavorable, and the production volume variance is $59,400 unfavorable.
The brown manufacturing company's costing system
Particulars Per unit Price Cost per unit Cost for 7600 units
Direct material 5 $4.00 $20.00 $152,000.00
Direct labor 4 $16.00 $64.00 $486,400.00
Manufacturing --- ----- ------ $0.00
Variable 4 $8.00 $32.00 $243,200.00
Fixed 4 $9.00 $36.00 $273,600.00
Total --- ----- $152.00 $1,155,200.00
Formula for direct materials price variance = Direct materials quantity purchased × (Standard price - Actual price)
= 40,300($4 - $3.80)
= 40,300 × $0.20
= $8,060 (F)
Formula for Direct materials efficiency variance = Standard price × (Standard quantity for actual production - Actual quantity used for production)
= $4 × (7,600 × 5lbs - 37,300lbs)
= $4 × 700
= $2,800 (F).
Direct manufacturing labor price variance = Actual hours × (Standard price per hour - Actual rate per hour)
= 31,400(-$16 - $16.25)
= 31,400 × -$0.25
= $7,850(U).
Formula for direct labor efficiency variance = Standard rate per hour × (Standard hour for actual production - actual hours)
= $16 × (30,400-31,400)
= $16,000(U)
Formula for manufacturing overhead spending variance = Actual quantity(Standard price per hour - Actual price per hour)
= 7600 × $17 × 4 - $650,000
= $516,800 - $650,000
= $133200(U).
Actual manufacturing overhead for the month = $650,000.
fixed manufacturing overhead =37,000 × 9 = $333,000.
Actual variable manufacturing overhead = $650,000 - $333,000 = $317,000.
Formula for variable manufacturing overhead efficiency variance:
Actual hours × (Standard price - Actual price)
= 31,400 × $8 - $317,000
= $251,200 - $317,000
= 65,800(U).
Answer for production volume variance:
Standard hours for the month = 37,000 hours.
Standard production for the month = 37,000/4
= 9250 units.
Production volume variance is Standard rate per unit ×(Actual units produced-Standard production in units)
= $152 × (7,600 - 9250)
= $152 × 1650
= $250,800(U)
= 31,400 ×($8)
Complete Question:
The Brown Manufacturing Company's Costing System Has Two Direct-Cost Categories: Direct Materials And Direct Manufacturing Labor. Manufacturing Overhead (Both Variable And Fixed) Is Allocated To Products On The Basis Of Standard Direct Manufacturing Labor-Hours (DLH). At The Beginning Of 2014, Beal Adopted The Following Standards For Its Manufacturing
The Brown Manufacturing Company's costing system has two direct-cost categories: direct materials and direct manufacturing labor.
Manufacturing overhead (both variable and fixed) is allocated to products on the basis of standard direct manufacturing labor-hours (DLH). At the beginning of 2014, Beal adopted the following standards for its manufacturing costs:
Input
Direct materials 5 lb. at $4 per lb. 20.00
Direct manufacturing labor 4 hrs. at $16 per hr. 64.00
Manufacturing overhead:
Variable $8 per DLH 32.00
Fixed $9 per DLH 36.00
Standard manufacturing cost per output unit 152.00
The denominator level for total manufacturing overhead per month in 2014 is 37,000 direct manufacturing labor-hours. Beals flexible budget for January 2014 was based on this denominator level. The records for January indicated the following:
Direct materials purchased 40,300 lb. at $3.80 per lb.
Direct materials used 37,300 lb.
Direct manufacturing labor 31,400 hrs. at $16.25 per hr.
Total actual manufacturing overhead (variable and fixed) $650,000
Actual production 7,600 output units
1. Prepare a schedule of total standard manufacturing costs for the 7,600 output units in January 2014.
2. For the month of January 2014, compute the following variances, indicating whether each is favorable
(F) or unfavorable (U):
a. Direct materials price variance, based on purchases
b. Direct materials efficiency variance
c. Direct manufacturing labor price variance
d. Direct manufacturing labor efficiency variance
e. Total manufacturing overhead spending variance
f. Variable manufacturing overhead efficiency variance
g. Production-volume variance
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The debt to equity ratio indicates: review later the net worth of the company the proportion of the company financed by lenders versus owners a company's working capital funding gap the liquidity of the company
The debt to equity ratio is a measure that indicates the percentage of a company's financing that comes from investors and creditors. Thus, the correct option is (b) the proportion of the company financed by lenders versus owners.
The debt to equity ratio is a degree of the relative contribution of the owners and lenders in the capital employed in the business. The debt to equity ratio measures the extent of the relationship between the amount of debt and the amount of owners' equity used to finance the business.
A lower debt to equity ratio is an indicator of a lower amount of debt financed via lenders. A larger debt to equity ratio indicates that the company is at a greater financial risk because its operations are financed by a greater amount of debt via lenders than the funding by equity via owners.While other options are not chosen because:
None of them is aligned with the context of debt to equity ratio.
"The complete question is:
The debt to equity ratio indicates:
a. review later the net worth of the company
b. the proportion of the company financed by lenders versus owners
c. a company's working capital funding gap
d. the liquidity of the company "
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14) if throughout an accounting period the fees for legal services paid in advance by clients are recorded in an account called unearned legal fees, the end-of-period adjusting entry to record the portion of those fees that has been earned is:
E) Subtract unearned legal fees from earned legal fees, then credit earned legal fees.
Unearned fees – what are they?
Unearned fees are defined as the sum of money that a business or organization receives from a client in advance for services that the business or organization has not yet rendered. For this reason, unearned fees are frequently recorded as a liability in the balance sheet until the client has received the service before it is reported as an asset.
How are legal fees made?
On the other hand, legal fees are paid in the form of an income statement account, which helps to show and report the amount of money or revenue that was earned for the client's service.
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Correct question:
If throughout an accounting period the fees for legal services paid in advance by clients are recorded in an account called Unearned Legal Fees, the end-of-period adjusting entry to record the portion of those fees that have been earned is:
A) Debit Cash and credit Unearned Legal Fees.
B) Debit Legal Fees Earned and credit Unearned Legal Fees.
C) Debit Cash and credit Legal Fees Earned.
D) Debit Unearned Legal Fees and credit Accounts Receivable.
E) Debit Unearned Legal Fees and credit Legal Fees Earned.
you and your buddy want to start a new landscaping business. you equally invest in the equipment you need to get started. you will both be equally responsible for the work and will share the profits equally. after investigating the possible forms of business entities available, you decide a partnership would be the best for your landscaping business.what do you think you might need to do to form a partnership?
If after investigating the possible forms of business entities available, you decide a partnership would be the best for your landscaping business. what you think you might need to do to form a partnership is : A. You and your buddy just need to agree to be partners.
What is partnership?Partnership can be defined as they way in which two or more people or two parties enter into a business in which the both parties involve in the business agreed to the terms and condition of the partnership.
In a partnership both parties involve tend to share the profit and loss incurred in the business together.
Based on the scenario what both of them might need to do to so as to form a partnership is that both them need to agreed to be partners.
Therefore the correct option is A.
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The complete question is:
You and your buddy want to start a new landscaping business. You equally invest in the equipment you need to get started. You will both be equally responsible for the work and will share the profits equally. After investigating the possible forms of business entities available, you decide a partnership would be the best for your landscaping business.
What do you think you might need to do to form a partnership?
A. You and your buddy just need to agree to be partners.
B. You and your buddy must sign a written partnership agreement.
C. You and your buddy must register your landscaping business with the county clerk.
D. You and your buddy must file a certificate of organization with the government.
broker jim requires all buyers to sign offers with the stipulation that the buyer uses ace home inspection services. this practice is called a
This practice is called as tying arrangement.
What is tying arrangement?A tying arrangement occurs when the seller sells or rents a product or service contingent on the customer agreeing, through contractual or technical requirements, to acquire a second product or service. . In a typical tying arrangement where a seller is required to combine two of her products, these products are often two different products of hers. For example, housing and real estate, laundry services, transportation services, and so on. But there is another product that creates ambiguity when tied by the seller. or tied) product, or at least on the condition that you agree not to purchase that product from another party.To learn more about tying arrangement from the given link :
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when paychecks are distributed to employees on december 30, 2016, employee george is ill and does not claim his check until january 2017. for what year must this income be reported?
If George receives his paycheck in January 2017 which was entitled to be given to him in December 30, 2016, then the income will be reported for the year 2016.
An income can be described as the amount of money you make from doing a particular job or business. In the field of business, the income you make in a specific month is reported for that specified month. Even if you get late in getting the payments, then also the income is reported for that particular month and year in which the work for that income was done.
Hence, although employee George is claiming his check in January 2017, as his income was made for the year 2016, hence the income will be reported for the year 2016.
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When identifying the audience, what are the four things a presenter must know?
O Personality, number people, age, gender
O Age, number of people, education level and experience, occasion
O Age, number of people, education level and experience, gender
Ethnicity, age, number of people, occasion
When identifying the audience, the four things a presenter must know is Age, number of people, education level and experience, occasion.
Identification of the audience is necessary in order to tailor a speech to their interests, education degree , attitudes, and beliefs. A presenter's efficacy will increase if the presentation is designed and performed properly, hence it is crucial to adopt an audience-centered approach. It might be challenging to pinpoint the target audience through in-depth research, therefore effective audience adaptation frequently relies on the employment of healthy imagination.
It is typically a good idea to be aware of an audience's age, gender, education level, race, ethnicity, and religious affiliation before speaking to them. This data is formally collected using the questionnaire sampling method. On other occasion, the presenter is given access to this material that is already stored in a database.
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Making sure all people in a group are involved is called
a
extensive
b
diverse
c
inclusive
d
undivided
sue and jim are hoping to expand their family, which means moving to a larger home. they’re closing on their new home soon, but haven’t yet sold their current one. which type of loan will help them afford both homes for a short period of time?
For a brief period of time, a bridge loan will enable them to afford both homes. When a buyer's current residence is already under contract, a bridge loan is most effective.
A bridge loan is a brief loan taken out before someone or something pays off an existing debt or finds permanent financing. By supplying immediate cash flow, it enables the borrower to pay off current debts. The interest rates on bridge loans are relatively high.
In order to buy a new home while they wait for their current one to sell, homeowners can use bridge loans.
In order to put a down payment on a new home while they wait for their old one to sell, borrowers use the equity in their existing home. An extension of time and, most of the time, some assurance during the waiting period are provided by a bridge loan to the homeowner.
Hence, Sue and Jim can use the bridge loan that will help them afford both their new and old homes for a short period of time.
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the average-cost method multiple choice question. will always produce a greater inventory amount in the balance sheet compared to the fifo method. avoids the cost of maintaining records of the specific cost of each inventory item. will always produce a smaller inventory amount in the balance sheet compared to the lifo method.
The average-cost method will always produce a smaller inventory amount in the balance sheet compared to the lifo method.
What is the average cost method?The average cost method determines the cost of inventory items by dividing the total cost of goods purchased or produced in a period by the total number of items purchased or produced. The weighted-average approach is another name for the average cost method.
To determine average cost, divide the cost of products available for sale by the total number of items from the initial inventory and purchases.
Under the 'average cost method', it is assumed that the cost of inventory is based on the average cost of the goods available for sale during the period. This implies a smaller amount in the inventory.
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The introduction of the dvd-by-mail business model by netflix changed the video rental business and caused the demise of blockbuster video. This is an example of ______.
The introduction of the DVD-by-mail business model by Netflix changed the video rental business and caused the demise of blockbuster videos , is an example of disruptive innovation.
Disruptive innovation is the method by which a littler company—usually with fewer resources—moves upmarket and challenges bigger built-up businesses. The process starts with a little company entering the low conclusion of a showcase or making a modern showcase section, claiming the slightest productive parcel of the showcase as its claim. Since the established, incumbent companies claim the foremost beneficial showcase sections, they most likely won’t battle the participant for that showcase share. The participant at that point makes strides in its offerings and moves upmarket with expanding productivity. Once the incumbents’ customers have broadly received the entrant’s offerings within the standard showcase, the disturbance has happened.
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what is a quality certification and why is it important
Answer:
It is important because they indicate that buyers and procurement professionals are dealing with a manufacturer that has reached the highest standards in the industry
if kiki buys a lot from joey that is landlocked (meaning the purchased lot has no direct access to a road ), if kiki can drive over joey's lot to reach the nearest road, this is known as an easement by .
If kiki can drive over joey's lot to reach the nearest road, this is known as an easement by necessity.
Easement
An easement is a nonpossessory right to use and/or enter another's real property without owning it. Real covenants and equitable servitudes are analogous to easements. The Restatement (Third) of Property in the United States attempts to integrate these notions as servitudes. Easements are useful for granting access across two or more pieces of property, allowing persons to access other properties or resources, such as fishing in a privately owned pond or having access to a public beach.
The most common example of an easement by necessity is granting a landowner right-of-way over an adjoining tract of land in order to access a public road.
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while performing a job analysis, lilia, the human resource manager, wrote the following job description and job specification: "entry level accountant. responsible for general ledger accountability, (gaap), financial reporting and analysis, and other special projects as assigned. requires strong oral and written communication. this is a full-time, entry-level position. candidate must have a two-year degree or equivalent work experience; recent college grad with b.s. in accounting or finance." what is the job specification for this position?
The job specification for the job that we have here is: requires strong oral communication
What is a job specification?This is the term that has to do with all of the physical qualities that a person would need to have in order to have them qualified to do well in a given job.
The specification helps to tell all of the qualities that the person needs to have. In the question that we have here, the quality that the candidate is to have is the ability to be able to communicate well.
Others are based on experience and the qualification that the candidate possesses.
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Complete question
'While performing a job analysis, Lilia, the human resource manager, wrote the following job description and job specification: "Entry level accountant. Responsible for general ledger accountability, (GAAP), financial reporting and analysis, and other special projects as assigned. Requires strong oral and written communication. This is a full-time, entry-level position. Candidate must have a two-year degree or equivalent work experience; recent college grad with B.S. in accounting or finance." What is the job specification for this position?
Multiple Choice
requires strong oral and written communication.
two-year degree or equivalent work experience; recent college grad with B.S. in accounting or finance
entry-level accountant
full-time employee