Answer:
the most cost-efficient mode of selling may be to use sales or marketing representatives
Explanation:
Personal selling by Tyler can divert his focus from proper management practices of the firm's activities.
Selling involves constant interaction with the customer and follow up on prospective clients.
This can be stressful and lead to lose of sales revenue through ineffective customer engagement.
Hiring a sales representative is more cost effective because sales representatives are hired on a contract basis with commission paid on performance.
This ensures that a reasonable amount is paid to get execute the sales process.
An activity variance is due to the difference between the level of activity used in the flexible budget and the actual level of activity.
a. True
b. False
Answer:
a. True
Explanation:
The Activity variance is based on the difference in actual level of activity used in flexible budget and the level of activity accounted in the planning or master budget
A document commonly used in real estate transactions, detailing the fees, commissions, insurance, etc. that must be transacted for a successful transfer of ownership to take place is known as what...? Closing Statement Deed Schedule A Contract
Answer:
Closing statement.
Explanation:
A document commonly used in real estate transactions, detailing the fees, commissions, insurance, etc. that must be transacted for a successful transfer of ownership to take place is known as a closing statement. The closing statement is a spreadsheet document that comprises of the statement of actual settlement costs and it is usually provided by a real estate agent to a home seller while the bank gives it to the home buyer.
After a foreclosure sale, the borrower who has defaulted on the loan may seek to pay off the mortgage debt plus any accrued interest and costs under what right? A) Equitable redemption B) Statutory redemption C) Defeasance D) Usury
Answer:
Option B (Statutory redemption) is the correct choice.
Explanation:
The privilege is given by law to reclaim the mortgagee after such a foreclosure auction to something like a mortgage holder, somebody who promises properties as collateral for a loan, and even to any other. A mortgager's right to recover possession of the property following a foreclosure is formal restitution or Statutory redemption. A mortgager seems to be a political group who appropriates resources to afford properties from some kind of mortgagee.There are several other options not relevant to either the specified scenario. And the solution to the above has been the appropriate one.
The senior accountant for Carlton Co., a public company with a complex capital structure, has just finished preparing Carlton's income statement for the current fiscal year. While reviewing the income statement, Carlton's finance director noticed that the earnings per share data has been omitted. What changes will have to be made to Carlton's income statement as a result of the omission of the earnings per share data
Answer: b. Carlton's income statement will have to be revised to include the earnings per share data
Explanation:
The options to the question are:
a. No changes will have to be made to Carlton's income statement. The income statement is complete without the earnings per share data.
b. Carlton's income statement will have to be revised to include the earnings per share data.
c. Carlton's income statement will only have to be revised to include the earnings per share data if Carlton's market capitalization is greater than $5,000,000.
d. Carlton's income statement will only have to be revised to include the earnings per share data if Carlton's net income for the past two years was greater than $5,000,000.
From the question, we are informed that the senior accountant for Carlton Co., a public company with a complex capital structure, has just finished preparing Carlton's income statement for the current fiscal year and that while reviewing the income statement, Carlton's finance director noticed that the earnings per share data has been omitted.
The changes that will have to be made to Carlton's income statement as a result of the omission of the earnings per share data is that Carlton's income statement will have to be revised to include the earnings per share data.
Among the things that an organization should consider when planning for pandemics are: ________
a. Relying only on external resources
b. Managing public expectations about which agencies can do what and in what timeframe
c. The post pandemic inflation rate
d. Ignoring the usual range of organizational issues that might come up
Answer:
c. The post-pandemic inflation rate
Explanation:
Remember, most organization's main goal is to make revenue. Thus, among the things that should be put into consideration when an organization is planning for pandemics is how the post-pandemic inflation rate will affect it's revenue.
This is very important because usually, prices of commodities or supplies increase rapidly.
In an informationally efficient capital market: Group of answer choices security prices quickly reflect new information. investors react to all information releases rapidly. active managers can generate abnormal profits.
Answer:
security prices quickly reflect new information.
Explanation:
In 1969, Eugene Fama proposed the informationally efficient capital market. It can be defined as a type of market in which all information relating to a stock portfolio of an organization would be incorporated into its current price.
Hence, in an informationally efficient capital market security prices quickly reflect new information.
This ultimately implies that, a capital market is said to be efficient when all the informations about securities (stocks) are fully reflected in its prices.
Answer:
security prices quickly reflect new information.
Explanation:
A capital market is one where there is sale of securities and other company equity.
When information flow is restricted the market is said to be inefficient. The few people with access to information use it to make profit.
An efficient market is one where everyone has access to information about securities being sold. Because of this the securities that are not going to perform are known by investors resulting in low prices.
Securities that are high performing are quickly identified and price of such security rises.
If firms in a competitive industry begin to earn profit in the short run, new firms will enter. This will shift the industry a. demand curve to the right, meaning market price will rise. b. demand curve to the left, meaning market price will fall. c. supply curve to the right, meaning market price will fall. d. supply curve to the left, meaning market price will rise.
Answer:
c. supply curve to the right, meaning market price will fall.
Explanation:
If firms in a competitive market start to make a large profit, more firms will enter that market because they will also want a share of it. As more firms enter the market, total quantity supplied will increase, shifting the supply curve to the right and lowering the equilibrium price.
Total utility A. is at a maximum when marginal utility is zero. B. falls as long as marginal utility is negative. C. rises as long as marginal utility is positive. D. All of the above.
Answer: All of the above
Explanation:
Total utility is the total satisfaction that is derived by an economic agent when a particular good or service is being used.
It should be noted that the total utility is at a maximum when the marginal utility is zero. It also falls as long as the marginal utility is negative and rises as long as marginal utility is positive.
This shows that all the above options are correct.
If you invest $750 every six months at 8 percent compounded semi-annually, how much would you accumulate at the end of 10 years?
Answer:
FV= $22,333.56
Explanation:
Giving the following information:
Semi-annual investment= $750
Interest rate= 0.08/2= 0.04
Number of periods= 10*2= 20
To calculate the future value, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= semi-annual deposit
FV= {750*[(1.04^20) - 1]} / 0.04
FV= $22,333.56
The payment of semi-annual interest on outstanding bonds payable is classified in the statement of cash flows as a(n):
Answer:
Operating Activity
Explanation:
Interest payments are classified as cash outflow resulting from operating activities and must be presented as such in the cash flow statement whether the indirect or direct method is used to prepare the cash flow statement
When a subsidiary is acquired sometime after the first day of the fiscal year, which of the following statements is true? A) Income from subsidiary is not recognized until there is an entire year of consolidated operations. B) Income from subsidiary is recognized from date of acquisition to year-end. C) Excess cost over acquisition value is recognized at the beginning of the fiscal year. D) No goodwill can be recognized. E) Income from subsidiary is recognized for the entire year.
Answer:
B) Income from subsidiary is recognized from date of acquisition to year-end.
Explanation:
When an individual or a company purchase another business, they are responsible for all the gains and losses generated by that business starting from the exact moment that the sales transaction has been completed. E.g. if I buy a business on January 20, at 10 AM, I am completely responsible for the things that happen in the company after 10 AM.
Name the old name of java
Answer:
oak by james gsoling .1991
How do you think keeping a budget can impact your overall wealth?
Keeping a budget can significantly impact overall wealth by promoting financial discipline and awareness.
What are the benefits?It helps individuals track income and expenses, identify unnecessary spending, and prioritize savings and investments.
Budgeting prevents debt accumulation, encourages responsible financial decision-making, and allows for better long-term planning. As a result, individuals can build emergency funds, pay off debts faster, and grow their savings and investments. By maintaining a budget, people can achieve greater control over their finances, reduce financial stress, and work towards building wealth steadily over time.
Read more about Budgeting here:
https://brainly.com/question/29792126
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Companies engaged in a single line of business most commonly utilize an organizational structure that can be:
a functional (departmental) organizational structure.
highly decentralized matrices.
either independent, consolidated, or hybrid profit centers.
hybrid functional organizations with a combination of
decentralized and centralized decision making.
either centralized, principal, or critical-path in nature.
Answer:
a functional (departmental) organizational structure.
Explanation:
Among the most frequent type of organizational structure used by several organizations is the departmental or functional organizational structure. The company's workers are divided into the functional organizational structure as per their experience or area of study. A different department agency such that It, Marketing, Human Resources, Finance etc.
So based on the given situation, the first option is correct
Under FINRA rules, all of the following are necessary to open a corporate account EXCEPT:_________.
a. corporate resolutions
b. corporate seal
c. corporate charter
d. corporate minutes
Answer:
Corporate minutes
Explanation:
Financial Independent Regulatory Agency (FINRA) is an independent body that formulates and enforces rules guiding registered brokers and broker dealer firms in the United States.
This also includes account opening requirements of brokers.
The required documents to open a broker account includes corporate resolutions, corporate seal, corporate charter.
Other information required are social security number, drivers licence or passport information, employment status, and investment profile.
Helping others for free while gaining skills is
O A. a job
O B. working
O C. a career
O D. volunteering
Answer:
D. volunteering
Explanation:
Sheldon has a home valued at $108,000 and an outstanding mortgage of $70,000. If his lender is willing to provide a home equity loan of up to 80% of market value, how much could Sheldon borrow using a home equity loan?
Answer:
$16,400
Explanation:
Sheldon has a home that is valued at $108,000
The outstanding mortgage is $70,000
The lender is ready to provide a home equity loan of 80% market value
Therefore, the amount of money that Sheldon would be able to borrow can be calculated as follows
= 80/100×$108,000
= 0.8×$108,000
= $86,400
$86,400-outstanding mortgage
= $86,400-$70,000
= $16,400
Hence Sheldon should be able to borrow $16,400 using the home equity loan
Which of the following items is recognized for governmental activities in the government-wide statement of activities and not the statement of revenues, expenditures, and changes in fund balance for governmental funds?
a. Transfers between governmental funds
b. Property tax revenue for an amount deferred because it was not available
c. A state grant awarded and received for road repairs that were completed this fiscal year
d. Salaries payable at the end of the current year that will be paid at the beginning of the subsequent year
Answer:
b. Property tax revenue for an amount deferred because it was not available
Explanation:
Government statement of activities shows the various expenses and revenue that the government has within a given period. It is usually on accrual basis.
While statement of revenues, expenditure and change in fund shows revenue and expense items that have been incurred by the government. This is not based on accrual but actual revenue earned and expense incurred.
So property tax revenue for an amount deferred because it was not available. Will appear on government statement of activities but will not appear in statement of revenue, expense, and change of funds because no present revenue or expense is involved.
"The United States feels that it has become too dependent on oil from Saudi Arabia, so it places a limit on the amount of oil that is imported from Saudi Arabia. This is an example of a(n)"
Answer: Quota
Explanation:
Quotas are a way of limiting the imports that a country receives. It works by placing a limit on the amount of a certain good coming into the country within a certain period of time. After the required quantity is reached, the country stops imports of that good until the next period.
The United States learnt a sharp lesson in oil dependence when in 973, Arab countries placed an embargo on the United States for supporting Israel and this caused economic crises.
Placing a quota on the amount of oil it can get from Saudi Arabia will help it reduce the chances of such an event occurring again.
Both unemployment taxes are applied to the first $7,000 of an employee's pay. The employee has $186 in federal income taxes withheld. The employee has voluntary deductions for health insurance of $154 and contributes $77 to a retirement plan each month. What is the amount of net pay for the employee for the month of January
Answer: $4,754.60
Explanation:
FUTA and SUTA are not paid by the employee so they do not apply.
The net pay therefore will be;
= Gross pay - FICA social security - FICA Medicare - Federal Income taxes - Health insurance -Retirement
= 5,600 - ( 5,600 * 6.2%) - (5,600 * 0.6%) - 186 - 154 - 77
= $4,754.60
"A customer who has his primary residence in Montana, has a vacation home in Colorado. An intrastate offering is being made in the state of Montana. Which statement is TRUE regarding the customer purchasing this securities offering?"
The options available are:
A. The customer is permitted to buy these securities
B. The customer is prohibited from buying these securities
C. The customer can buy the securities if he spends at least 2 weeks per year in the state of Montana
D. The customer can buy the securities if he files an affidavit of domicile in the state of Montana
Answer:
The customer is permitted to buy these securities
Explanation:
The intrastate offering is a form of securities offering which different from the interstate offering, and can only be acquired in the state in which it is being issued. However, while it does not need to be registered with the Security Exchange Commission(SEC), to fulfill Intrastate requirements, it must, amongst others, be sold and offered only to residents of the state in which it is issued.
Hence, in this case, since the customer is a primary resident of Montana, he is permitted to buy these securities
Assume a bond is currently selling at par value. What will happen in the future if the yield on the bond is lower than the coupon rate
Answer:
The answer is 'The price of the bond will increase'
Explanation:
Bond and its price are indirectly related i.e If one goes up, the other goes down. What this means is that, if the yield of the bond is lower than coupon rate(coupon rate greater than bond yield), the price of the bond will increase. And also if the yield of the bond is higher than coupon rate(coupon rate lower than bond yield), the price of the bond will decrease.
Since they filed bankruptcy in the past, a couple ends up paying a 12% fixed rate for a 30 year mortgage. With a better credit rating, they could have gotten the loan at a rate of 8%. If their loan amount is $140,000, how much more per month will the couple be paying for their mortgage as a result of their bankruptcy?
Answer:
Monthly payment = $1,402.65
Explanation:
Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest.
The monthly equal installment is calculated as follows:
Monthly equal installment= Loan amount/Monthly annuity factor
Loan amount = 140,000
Monthly annuity factor =
=( 1-(1+r)^(-n))/r
r- Monthly interest rate (r)
= 12/12= 1%
n- Number of months ( n) = 30 × 12= 630
Annuity factor
= ( 1- (1.01)^(-630)/0.01= 99.8105
Monthly installment= 140,000 /99.8105 = $1,402.65
Monthly installment = $1,402.65
Monthly payment = $1,402.65
Answer:
✅ b. $412.79i got it right ⬇️
The amount of money the policyholder pays per claim before the insurance company will pay on the claim is known as the:_______.
Answer: deductible
Explanation:
The deductible is a term that is used in insurance which simply means the amount of fund that is paid by a policy holder from his or her pocket before the insurance company will then pay any other expenses.
Deductible is typically used by insurance companies in order to ensure that the policy holders will also share any cost that is involved in the claim.
Answer:
deductible
Explanation:
Noah Construction Company is building a large complex for a contract price of $5,000,000. This is a three-year project and the requirements for recognizing revenue over time are met. The total estimated cost of the project is
Answer:
$625,000
Explanation:
Calculation for how much income is recognized in Year 3
First step
Year 1 2 3
Cost incurred Till date
1000 (1000+1500)2500 (2500+1250)3750
Estimated cost to complete
3000 1500 0
Total cost of contract
4000 4000 3750
Second step
Using this formula to calculate for the percentage of completion for each year
Percentage of completion =Cost incurred till date /Total cost
Let plug in the formula
Yeat 1= 1,000/4,000 =25%
Year 2= 2,500/4,000 =62.5%
Year 3=3,750/3,750 =100%
Last step
Year 1 2 3
Contract price 5000 5000 5000
Less:Total cost (4000) (4000) (3750)
Gross profit 1000 1000 1250
Percentage of completion
25% 62.5% 100%
Gross profit to be recognized till date (1000*25%)=250 (1000*62.5%)=625 (1250*100%)=1,250
Less:Gross profit recognized till prior year
0 -250 -625
Gross profit to be recognized in current period
250 375 625
Hence;
Year 1 Gross profit is $250,000
Year 2 Gross profit is $375,000
Year 3 Gross profit is $625,000
Therefore the amount of income recognized in year 3 will be $625,000
This problem with interest group membership develops when potential members fail to join because they can get the benefit sought by the group without contributing the effort or financial membership dues?
Answer:
Free Rider or collective action
Explanation:
Free rider or collective action refers to the problem in which individual think that when a joint action will be done, that is some collective act will take place no matter what, they they free ride.
Which means they withdraw to perform as they believe that their individual act will not change anything and the result shall be collective.
Every individual thinks their contribution does not matter.
Accordingly potential members who can actually make a difference by their individual corporation tend to move out and not perform and then cumulatively the results are affected.
A tire company has a manufacturing plant located in an area that has just been re-zoned for residential usage. The company is allowed to continue operating the plant under the new zoning classification. However, if the plant is destroyed by fire, the tire company:
Answer: would be forbidden to rebuild the plant in that neighborhood under any circumstances.
Explanation:
From the question, we are informed that a tire company has a manufacturing plant that is located in an area that has just been re-zoned for residential usage.
We are further told that the company is allowed to continue operating the plant under the new zoning classification. However, if the plant is destroyed by fire, it should be noted that in such scenario, the company would not be allowed to rebuild in that environment.
Alice is shopping for a new car,and she has narrowed her decision to a Honda Accord and a Toyota Camry.Both sedans have similar features and prices,but Alice decides to purchase the Honda based on her intuition.Which of the following situations would most likely cause Alice to experience postpurchase dissonance?
A) The price of the Honda Accord increases by a huge margin.
B) The price of the Toyota Camry falls due to an increase in demand.
C) The Honda Accord meets all her expectations and satisfies her needs.
D) The Toyota Camry experiences technical failures that lead to a recall.
E) The maintenance costs of the Honda Accord decrease significantly over time.
Answer:
B) The price of the Toyota Camry falls due to an increase in demand.
Explanation:
Based on this scenario the most likely cause of this would be that the price of the Toyota Camry falls due to an increase in demand. That is because Post Purchase Dissonance is when the customer's state of the mind and perception is quite uneasy after having purchased a specific product or service. Which in this scenario, if the price of Toyota falls after Alice already purchased the Honda, she would begin getting sad knowing that she could have saved a lot of money if she had just waited a little bit and bought the Toyota at a much cheaper price.
To rent a car for one week, a car rental company charges a $200 base price as well as $0.45 per mile. Jennifer will rent a vehicle at this company, but she has a $275 budget. What is a possible number of miles that Jennifer can drive without exceeding her budget?
Answer:
166mile
Explanation:
Given that:
Base price is $200
Mileage price = $0.45 per mile
Jennifer will rent a vehicle at this company, but she has a $275 budget.
Hence the possible number of miles that Jennifer can drive without exceeding her budget :
She will have to make a deposit of $200 which is the base price
($275 - $200) = $75
Now that she is left with $75
Recall,
1 mile = $0.45
X mile = $75
$75 × 1 mile = X mile × $0.45
X mile = 75/0.45
X mile = 166.666
Hence the maximum miles she will have to cover without incurring extra charges will be 166mile
In 2011, Finland had a GDP of $195 billion and a per capita GDP of $36,000. Life expectancy was about 79 years. Which of these additional factors would most support the conclusion that Finland has a developed rather than an emerging economy
Answer:
Finland has a free-market economy
Explanation:
The fact that would most support this conclusion is that Finland has a free-market economy. A free market is an economic system characterized by a spontaneous and decentralized order of arrangements by individuals allowing them to make their own economic decisions based on supply and demand in that current time with little or no government control in the matter. This is an economic system that can only work in a developed economic nation.