If there are shipping cost economies that result from bundling orders for different items together, the fixed order interval model becomes a relatively more attractive option.
A technique for inventory control is the Fixed Order Interval System. The inventory model also goes by the name fixed reorder cycle. By monitoring the product demand in this, a set interval is formed. It is employed to control the raw material supply.
In the fixed order interval system, the stock levels are assessed and a fixed order schedule is created on a recurring basis. This process was created using time as a foundation. Stock levels relate to the inventory or stock that the company keeps in its warehouse.
A fixed order interval method entails routine inventory checks to establish reorder intervals. It is crucial for the organization's efficient and productive operations. As a result, there won't be any extra merchandise stored at the warehouse. As a result, it becomes less expensive to store inventories.
Since there is little chance of orders changing, the raw material supplier generally accepts this form of inventory management. Suppliers are aware of the quantity and timing of reorders.
As a result, the warehouse does not remain empty of inventory. It is delivered on schedule, according to the specifications. As a result, the supplier is protected because switching suppliers is less likely.
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War metaphors are common in business. This kind of mindset can be dangerous for business leaders because
In business, war metaphors are frequent. Business leaders should avoid adopting this mindset since it may cause employees to act violently.
Why do moral dilemmas frequently occur in business?Lack of integrity, issues with organisational relationships, conflicts of interest, and deceptive advertising are the four main things that might contribute to ethical issues at work.
What are the four corporate ethics issues?The four categories of business ethics are equity, rights, honesty, and the use of corporate power. Business enterprises must balance their obligations to the public, shareholders, consumers, and employees.
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What does zone of tolerance mean?
A zone of tolerance (ZOT) that represents the. range of IS service performance a customer would consider satisfactory
What is zone of tolerance?service to customers Instead than having just one expectation level, expectations have a variety of levels.The idea can be described as having a limited or broad perspective, depending on how wide the tolerance range is. According to some recent studies [9,10], a zone of tolerance should be regarded as "narrow" if its breadth is less than 20% of the point-of-scale being employed.Customers may accept variance within a range of performance, and any improvement in performance within this range will only have a minimal impact on perceptions. This is the significance of the zone of tolerance.Tolerance is a fair and objective attitude toward others, usually the result of a conscious effort on the part of the tolerant partyTo learn more about zone of tolerance refers to:
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Problem 5-3A Part 2 2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts.
Accounts for cash, accounts payable, and allowance for uncollectible accounts should all receive transactions. Cash Accounts. The provision, also known as a bad debt reserve .
What does it mean to post transaction accounting?In accounting, the term "posting" describes the process of transferring a transaction entry from a journal to a general ledger, which houses all of a company's financial accounts. A ledger organises transactions by accounts, such as assets or liabilities, while a journal records items in a chronological order. All transactions are transferred from all Journals (transaction registers) to the Chart of Accounts through a process known as "post transactions" (General Ledger).
Moving one or more transactions from a module into a Journal is another definition of "posting." The general ledger must be filled out with specific accounting transactions before being posted. It entails gathering financial transactions from their current location in specialised ledgers and moving the data into the general ledger. Post each transaction from your journal to your general ledger to keep your records up to date.
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How do you make changes in the workplace?
The way we can make changes in the workplace by set a clear direction, create an environment of trust, involve employees in decision-making.
What is workplace?
Workplace is an environment in which people interact to carry out their jobs and duties. It is typically a physical space, such as an office or factory, in which people gather to work. The workplace can also refer to a virtual space, such as a remote office, where people collaborate via technology. The workplace environment includes the physical, social and psychological elements that influence how employees behave and interact.
Establish a clear vision for the workplace, with achievable objectives and goals. Give employees a sense of purpose and direction. Allow employees to take risks and make mistakes without fear of retribution. Encourage participation and collaboration among employees. Give them a chance to contribute to the decision-making process.
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________ are professional accountants who serve the general public, not one particular company.
A. certified public accountants
B. certified management accountants
C. cost accountants
D. controllers
certified public accountants are professional accountants who serve the general public, not one particular company. so option A is correct.
What is a Certified Public Accountant referred to as?Chartered Professional Accountant (CPA) Professionals in accounting who are licensed and devoted to defending the public interest are identified by the CPA designation. To help investors better understand the financial health of firms, these experts provide attestation services such as financial statement audits. Within one to two years, CPA-certified accountants rise to jobs with greater responsibility, and within a few years after that, they frequently receive promotions to senior level positions. The time and effort spent studying for and passing your CPA examination will be more than worthwhile after you have done so.
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You receive a credit card application from Shady Banks Savings and Loan offering an introductory rate of 1. 25 percent per year, compounded monthly for the first six months, increasing thereafter to 17. 8 percent compounded monthly. Assume you transfer the $8,000 balance from your existing credit card and make no subsequent payments.
How much interest will you owe at the end of the first year? (Do not round intermediate calculations and round your answer to 2 decimal places, e. G. , 32. 16. )
You can figure out the total interest paid over the course of your loan and the typical monthly interest payments using the Bankrate loan interest calculator.
How do you calculate interest rate after 1 year?Here is the basic interest calculation: P x R x T is the formula for interest. Principal Amount = P (the beginning balance). Rate of interest (usually per year, expressed as a decimal). T stands for the quantity T.
Let's say you take out a $100 loan at 6% for a year. Will you pay any interest? The basic interest calculation is as follows: Interest = Principal x Rate x Time 4. The following formula is used to determine simple interest: S.I. = P R T, where P = Principal, R = Annual Rate of Interest in%, and T = Time, which is typically expressed as the number of years. The interest rate is expressed as a percentage, or r%, and should be represented as r/100.
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Full-time homemakers and retirees are classified in the Bureau of Labor Statistics data as: Question 26 options: part of the labor force. not in the labor force. employed. unemployed.
Full-time homemakers and retirees are classified in the Bureau of Labor Statistics data as not in the labor force.
The labor force, often referred to as the labor force, refers to the group of people who are employed or unemployed. It is often used to refer to employees who work for a company or an industry, but it can also refer to a geographic area such as a city, state, or country.
The value of a company's "incumbent workforce" can be labeled. A country's labor force includes both the employed and the unemployed. Formal work is defined as any type of formal structured and paid work.
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Which of the following topics refer to macroeconomics? A. The market for tablets and other portable electronic devices has been steadily growing over the last 5 years. B. Consumer confidence is at an all-time high and the U.S. economy is growing. C. There is a paper towel shortage due to the COVID-19 situation. D. There is an increase in the demand for thermometers. E. There is an increase in the demand for take-out meals
From the following, the one which refers to macroeconomics is that consumer confidence is at an all-time high and also the U.S. economy is growing.
Macroeconomics tends to focus on the performance of the economies. So, the Macroeconomics is considered to be the branch of economics which thus studies the economy as a whole. Thus, the objective of macro economics is in order to maximize the welfare of an economy.
However, here the consumer confidence is at an all-time high which is due to macroeconomics. Macroeconomics tends to study an economy as a whole by mainly focusing on the aggregate measures.
Hence, option B is correct.
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What Cannot be solved by an algorithm?
An algorithm is unable to resolve undecidable problems. By any algorithm, these issues are theoretically intractable.
Do algorithms have the ability to address every issue? No, There are several known mathematically undecidable problems, and as a result, no method exists that can fully resolve them.Issues that are intractable, By any algorithm, these issues are theoretically intractable. With a yes-or-no response, the halting problem is an intractable decision problem. A computer is incapable of knowing whether it is stuck in an endless loop or will eventually come to an end.An algorithm is unable to resolve undecidable problems. By any algorithm, these issues are theoretically intractable.To learn more about algorithm refer to:
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Please select the newly answerable business questions that emerged in the ""modern age"" of marketing
With the end of World War I, the modern era of marketing began. Utilizing all of a company's resources to give customers the best experience possible and spur business growth is modern marketing.
According to a recent McKinsey survey, marketing is a key factor in most or all of a company's growth agenda, according to 83 percent of worldwide CEOs. Large volumes of messages and content can be developed continuously, monitored by performance analytics, and then changed as necessary in a modern marketing company.
Broad offers and experiences across significant consumer segments are referred to as personalization. Today, the objective of modern age of marketing is to creatively deliver as much relevant one-to-one marketing as possible by leveraging data from all consumer interactions.
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Why did the stock market crash make people lose confidence in business?
The stock market crash of 1929 caused people to lose confidence in business because it revealed underlying economic problems and a lack of transparency in the market.
The crash was caused by a combination of factors such as overproduction, underconsumption, and a speculative bubble in the stock market. People who had invested heavily in the stock market saw their investments lose value overnight, which led to a loss of trust in the market and in the businesses that were listed on it.
The crash also exposed the lack of regulation and oversight in the market, which further eroded people's confidence in businesses. Additionally, the crash led to a severe economic depression, causing widespread unemployment and economic hardship, which further damaged people's confidence in business.
The Great Depression was a global economic crisis that lasted from 1929 to 1939 and is considered the longest and most severe depression of the 20th century.
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Assume (1) estimated fixed manufacturing overhead for the coming period of $200,000, (2) estimated variable manufacturing overhead of $2.00 per direct labor hour, (3) actual manufacturing overhead for the period of $320,000, (4) actual direct labor-hours worked of 54,000 hours, and (5) estimated direct labor-hours to be worked in the coming period of 55,000 hours. The predetermined plantwide overhead rate for the period is closest to:
A) $5.82
B) $5.70
C) $5.93
D) $5.64
Could I also have a step by step explanation please?
The predetermined plantwide overhead rate for the period is closest to $5.64 when estimated fixed manufacturing overhead for the coming period of $200,000.
Calculating the problem:Given:
Estimated fixed overhead rate = 200,000
Estimated variable manufacturing overhead = $ 2.00
Predetermined Overhead rate = Estimated Variable overhead rate + Estimated Fixed overhead rate
= 2 + (predicted fixed manufacturing overhead cost/Estimated labor hours)
= 2 + (200,000/55,000)
= 2 + 3.64
= $5.64
Manufacturing overhead rate:The standard amount of factory overhead costs that are allocated to each production unit is known as a manufacturing overhead rate. Accrual-based accounting assigns factory overhead costs to units that have been sold and units that are stored in inventory using this information.
There are five distinct categories of overhead in manufacturing: indirect employment; indirect supplies, materials, and parts for repair; utilities and rent; depreciation; monetary costs
What is the overhead rate, exactly?The overhead rate is the ratio of direct costs, sales, or other inputs, like machine hours, to overhead costs (rent and other administrative costs). It shows owners and managers how their company's indirect costs compare to, say, its direct manufacturing or gross sales costs.
Why is overhead necessary?Because it provides crucial support for the production of activities that result in profits, overhead is still required. For instance, in order to obtain a location that is suitable for the sale of clothes, a high-end clothing retailer must pay a sizeable sum for rent, which is a type of overhead.
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How will your employers regard you if you can adapt to changes, new ideas, and different work environments
If you can adjust to changes, new ideas, and various work situations, employers will view you as a valuable asset. A person, business, or organization that pays individuals to labor for them is an employer.
The person or business for which you work is your employer. His boss had dispatched him to Rome. The largest employer in the nation is the telephone company. The term "employer" refers to a person or a corporate entity operating in the public, private, nonprofit, or business sectors that employs and compensates workers. Employers set the conditions of work for employees and supply the agreed-upon terms, such as the compensation, in their capacity as the authority within an organization. Both sides gain from the employer-employee relationship but both have responsibilities. The relationship's fundamental tenet is that the employee performs certain duties or renders services to the employer in exchange for payment.
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How do you show a problem is undecidable?
An undecidable problem is one that should have a "yes" or "no" response, but for which there is no method that can provide an accurate response for all inputs.
Give an example of a problem that is believed to be intractable?According to computability theory, an undecidable problem is a particular kind of computational problem that needs a yes-or-no response but for which it is impossible for any computer program to consistently produce the right response. In other words, any such program would occasionally produce the incorrect response or would continue running indefinitely without producing an answer.An undecidable problem is one that should have a "yes" or "no" response, but for which there is no method that can provide an accurate response for all inputs.According to computability theory, an undecidable problem is a particular kind of computational problem that needs a yes-or-no response but for which it is impossible for any computer program to consistently produce the right response.To learn more about undecidable problem refer to:
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Compute Cash flow from Investing activities from the following information:
Particulars
31.03.2021
1,00,000
50,000
80,000
12,000
1,50,000
50,000
Land and Building
Furniture and Fittings
Share Capital
Goodwill
Long term Investment
Plant and Machinery
During the year * 5,000 depreciation charged on Plant and Machinery.
31.03.2022
1,28,000
60,000
1,14,000
30,000
50,000
30,000
Answer:
Explanation:
To compute the cash flow from investing activities, we need to consider all of the cash inflows and outflows related to investing activities during the year.
First, we can add up all of the cash outflows during the year, which includes the purchases of land and building, furniture and fittings, share capital, goodwill, long-term investment, and plant and machinery. These outflows total 1,00,000 + 50,000 + 80,000 + 12,000 + 1,50,000 + 50,000 = 4,42,000.
We also need to consider any depreciation charges on plant and machinery, which in this case was 5,000.
Then, we can add up all of the cash inflows during the year, which includes the sale of land and building, furniture and fittings, share capital, goodwill, long-term investment, and plant and machinery. These inflows total 1,28,000 + 60,000 + 1,14,000 + 30,000 + 50,000 + 30,000 = 4,32,000.
The cash flow from investing activities is equal to the sum of the cash inflows minus the sum of the cash outflows plus any depreciation charges. So in this case, the cash flow from investing activities is 4,32,000 - 4,42,000 + 5,000 = -12,000. This means that there was a net outflow of cash from investing activities of 12,000 during the year.
Which of the following were resources and capabilities that helped Five Guys gain a competitive advantage and develop into a successful restaurant chain
The resources and capabilities that helped Five Guys gain a competitive advantage and develop into a successful restaurant chain were focusing on such details as store layout and design and also Carefully choosing the supplier of the potatoes for their fries
Focusing on store layout and design: Five Guys stores are designed to be clean, bright, and welcoming, with a focus on the open kitchen so customers can see their food being prepared.
Carefully choosing the supplier of the potatoes for their fries: Five Guys uses only potatoes from specific farms in the northwest region of the USA, which are hand-cut and cooked in peanut oil, which gives them a unique texture and flavor. This attention to detail on a key ingredient in their menu helps to differentiate them from competitors and provide a unique taste experience to customers.
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What is the meant by opportunity cost method?
Explanation:
When economists refer to the “opportunity cost” of a resource, they mean the value of the next-highest-valued alternative use of that resource. If, for example, you spend time and money going to a movie, you cannot spend that time at home reading a book, and you can't spend the money on something else.
In this figure, obtaining more books by giving up some movies is called a(n) ______; whereas losing two books in order to gain 1 movie is referred to as ______ cost.
In this figure, obtaining more books by giving up some movies is called a(n) trade-off; whereas losing two books in order to gain 1 movie is referred to as production cost.
The capital-structure irrelevance statement, which was developed by the economists Modigliani and Miller in the 1950s after they investigated capital structure theory, is the foundation of the static trade-off theory.
According to this thesis, in ideal markets, a company's capital structure is irrelevant because its earning potential and the risk associated with its underlying assets define its market value.
Value, in the opinion of Modigliani and Miller, is unaffected by the type of finance used and the investments made by a company. The risk to a corporation grows as debt increases, somewhat offsetting the decline in WACC. As a result, the static trade-off hypothesis identifies a debt and equity combination where the declining WACC balances the rising.
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5. What are the specific characteristics that define the private enterprise system? How does
this type of system encourage innovation? Provide an example that helps to illustrate this
and explain.
the specific characteristics that define the private enterprise system-1 freedom of choice; (2) private property rights; (3) earnings motive of owners; and (4) owner control.
In the United States, there are three fundamental sorts of commercial enterprise companies - individual- ly owned, partnerships, and corporations.
What is the essential characteristic of our non-public employer economy?As an economic system, personal employer is characterized by competition, open markets, private ownership, and non-public initiative
A free organisation economy has 5 vital characteristics. They are: monetary freedom, voluntary (willing) exchange, non-public property rights, the profit motive, and competition. Some of these facets may additionally already be familiar.
The major distinguishing feature of non-public groups in contrast to public corporations is that they are managed privately, barring any affect or involvement from the government.
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https://brainly.com/question/28293197#SPJ1What is 5x in stock?
5x in stock refers to a quantity of the item being sold. For example, if a store has 5x in stock of a certain item, it means that the store has 5 times the amount of that item in stock.
Therefore, if a store has 5x in stock of a certain item, it means that the store has 5 times the amount of that item in stock.
A stock is a type of instrument that denotes the holder's ownership stake in the issuing company and is typically traded on stock markets. In order to raise money to run their businesses, corporations issue stock. The two primary stock categories are common and preferred.
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What are the 4 factors that influence a purchasing decision?
Cultural, social, personal and psychological are the four factors that influence a purchasing decision .
The appeal of a product can be greatly influenced by cultural and societal influences. Industry organisations invest a lot of money in trying to sway public opinion because they are aware of how culture can affect industry sales. When developing your marketing, keep cultural and social issues in mind. Without offending anyone, you want to draw in as many clients as you can. Consumer behaviour is also influenced by personal variables. Tastes evolve with time. Experts on ageing claim that senior consumer behaviour is extremely varied, indicating that on average, seniors have more motives to make purchases than youth. Motivation refers to the consumer's underlying requirements. A valuable tool is knowing how to inspire your customers. how your potential buyer learns about your goods or views the world.
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True or false: You should include either budget information or a time estimate in your content creation plan.
The given statement is true about the budget information or a time estimate in the content creation plan.
A budget is a calculating play, typically financial but not necessarily, for a specific time frame, typically one year or a month. A budget accounts for anticipated income and costs as well as future saving and spending. Individuals and businesses may both use budgeting to determine whether or not their predicted revenue and costs will allow them to continue operating. A budget that includes information on the projected value of sales and cost may be created for each fiscal year. This allows you to predict how the upcoming accounting period will probably conclude. The business's actual performance may be compared to the suggested strategy. Budgets are a quantitative way for businesses, governments, families, and other groups to articulate their strategic plans of action.
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A consumer has sent a complaint to the Texas Real Estate Commission (TREC) against a real estate agent, claiming a violation of the Canon of Integrity. The agent is accused of
The agent is accused of Canon of Integrity which states misrepresenting the condition of the property by omitting pertinent facts.
What is the canon of integrity?
The Integrity canon deals with misrepresentations. Licensees owe a special obligation to exercise integrity in discharging responsibilities. This may be accomplished with prudence and caution to avoid misrepresentation by words, deeds or omissions (Section 531.2).
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Broker Jim always has a parade float in the annual Fall Holiday Parade. What form of advertisement is Broker Jim's float
Broker Jim’s parade float is institutional form of advertisement.
The earliest parade floats appeared throughout the Middle Ages. Pageant waggons were used by churches as mobile scenery for passion plays, and artisans in certain guilds made pageant waggons for their specialised trade. During Corpus Christi, when up to 48 waggons were utilised, one for each play in the Corpus Christi cycle, the waggons were most prominently pulled throughout the town.
They got their moniker since the earliest floats for the Lord Mayor's Show were decked barges on the River Thames.
the promotion of a brand, company, or category of goods so that consumers will think favorably of it rather than a specific good or service.
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As the price of milk increases, producers are normally willing to supply greater quantities. This response is known as the law of Group of answer choices demand averages increasing costs supply variable proportions
The law of supply is a microeconomic principle that asserts, with all other things being equal, that if the cost of an item or service rises, providers will offer more of those goods or services, and vice versa.
Demand declines when price rises and decreases in quantity needed (but demand itself stays the same). Quantity requested rises when the price declines. The Law of Demand is this. An inverse connection is shown on a graph as a line that slopes downhill from left to right. Size of the market, to start If there are more (fewer) businesses, the supply curve moves out (in). For instance, if there are more dairy farmers, more milk is produced, and the supply spreads.
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The law of supply is a microeconomic principle that states that as the price of a good or service rises, providers will offer more of those goods or services, and vice versa.
When prices rise and the amount required lowers, demand falls (but demand itself stays the same). When the price falls, the quantity sought climbs. This is the Law of Demand. On a graph, an inverse connection is represented as a line that slopes downward from left to right. To begin, consider the market size. The supply curve shifts out as there are more (or fewer) enterprises (in). For example, as the number of dairy producers increases, more milk is produced, and the supply spreads.
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What is free enterprise examples ?
Examples of free enterprise include an individual beginning an online business or a private restaurant chain that is run without the involvement of the government.
What is free enterprise in simple terms?In a free enterprise or free market economy, private individuals can establish businesses and engage in competitive market buying and selling with the least amount of interference from the government. Resource, product, and financial markets are the three different forms of free enterprise markets. Because it enables individuals to focus on their strengths while trading for the rest, free enterprise works. Free enterprise is fueled by competition, which leads to higher productivity and reduced costs for the consumer.
The standard of living is higher in nations that support free markets. economic liberty, willing (voluntary) transaction, private property rights, the desire for profit, and competition. The right to private property, competition, profits as an incentive, and consumer sovereignty are the five main tenets of the free enterprise economic system that governs the United States.
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An airline sells 120 tickets for a flight that seats 100. Each ticket is non-refundable and costs $250. The unit cost of flying a passenger (fuel, landing fees, etc.) is $110 and assumes that every flight is full. If the flight is overbooked, each person who does not get a seat is given $400 in cash. Assume it is equally likely that any number of people between 91 and 120 show up for the flight. Rounded to the nearest thousand, what is the average expected profit the flight will generate
After subtracting revenue from variable and fixed expenses, profit is realized. Profit can be calculated for a variety of purposes, including determining a product's financial viability and managerial effectiveness.
The average profit from equally likely scenarios would be the expected profit.
The expected profit is the sum of the profit from the initial 90 customers and the likely profit or loss from the subsequent 30 customers.
The probability of each customer traveling for the next 30 customers is 1/30, so the probabilities of profit or loss from those customers are as follows:
$120 x 10 x 1/30 - $100 x 20 x 1/30 = -$26.67
Expected profit = 90 x $120 - $26.67 = $10,773 or $11,000.
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In computing the realized gain in a like-kind exchange, it is necessary to compare A) the fair market value of the assets received with the adjusted basis of the assets given up. B) the adjusted basis of the assets received with the fair market value of the assets given up. C) the fair market value of the assets received with the fair market value of the assets given up. D) the adjusted basis of the assets received with the adjusted basis of the assets given up.
The correct answer to the question is Option A- the fair market value of the assets received with the adjusted basis of the assets given up.
What is Fair market value?A product's fair market value, or FMV, is the price it would fetch on the open market if both parties were given a reasonable amount of time to complete the transaction, were acting in their own best interests, and were not under undue pressure.
Typically, the average of three or more homes that are comparable is used to determine the home's fair market value. A popular method for determining a home's fair market value, or the price a buyer is willing to pay in a given market, is the comps strategy.
The fair market value of a property is decided by both the buyer and the seller. The real estate transactions that take place within a community are looked at by the appraiser or assessor, who then determines the factors that influence the final sale prices.
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A 7% convertible debenture is selling at 101. It is convertible into the common stock of the same corporation at $25. The common stock is currently trading at $23. If the stock were trading at parity with the debenture, the price of the stock would be A) $43.91. B) $25.25. C) $40.00. D) $25.00.
If the stock were trading at parity with the debenture, the price of the stock would be $25.25.
What exactly does the conversion price include?The conversion price is the cost per share to convert a convertible asset into a common stock such as a stock, Debentures or preferred stock. Calculating the conversion rate of a convertible security determines the conversion price. The bond contract or securities prospectus determines the exchange ratio.
To get parity prices for commons:
$1,000 / $25
= 40 shares
To discover the number of shares the debenture is convertible into (conversion ratio).
Common stock's parity price:
1,010 / 40
= $25.25
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What happens when governments control or dominate a national economy?
In a command economy, the central government dictates the position of the product of goods and controls their distribution and prices.
Proponents of the command economy argue government control rather than private enterprise can ensure the fair distribution of goods and services. Command frugality is a profitable system where the government controls the product and pricing of goods and services.
Also called command frugality. A profitable system where the government has total control over frugality and politics. Also called command frugality. Some of the cons include a lack of effective resource allocation, lack of invention, and the requirements and preferences of society may be ignored due to poor planning.
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