The market-required rate of return on bonds with comparable risks is known as the yield to maturity (YTM) of a bond.
This is typically a company's pre-tax cost of debt because the YTM determines the bond's price and any new issue must have a coupon rate equal to the YTM in order to be issued at par.
What does YTM stand for?
The total rate of return that a bond holder anticipates will get if a bond is held until maturity is known as YTM in the case of bonds. Yield to Maturity is calculated using the following formula: Yield to Maturity = [Annual Interest + (FV-Price)/Maturity] (FV + Price)/2
Is YTM the same as the interest rate?
Yield to maturity (YTM) is the overall interest rate that a bondholder who purchases a bond at market value and holds it until maturity will receive. It is, mathematically speaking, the discount rate at which the bond's price is equal to the total of all future cash flows (including principle repayment and coupon payments).
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purely competitive industry x has constant costs and its product is an inferior good. the industry is currently in long-run equilibrium. the economy now goes into a recession and average incomes decline. the result will be
The result will be an increase in output and in the price of the product.
Lower revenues result from higher pricing and vice versa. As a result, the quantity needed to answer the question is appropriate because the recession will lead income to decline. As a result, the demand curve steepens, the supply yield rises, and the price rises.
Price and quantity are impacted by current changes in supply and demand. The exchange price rises but the quantity declines if the supply curve steepens, reducing the supply while maintaining a steady demand.
An industry that has perfect market structure, where all producers and consumers have complete and symmetric information and no transaction costs, is said to be perfectly competitive. It is distinguished by a large number of knowledgeable buyers and sellers. Theoretically, all markets must be in equilibrium for there to be long-run equilibrium.
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menton co has 7 percent, semiannual coupon bonds outstanding with a current market price of $1,023.46, a par value of $1,000, and a yield to maturity of 6.72 percent. how many years is it until these bonds mature?
Mento's 7% semiannual coupon bonds with a current market price of $1,023.46, a par value of $1,000, and a yield to maturity of 6.72% will mature in 59 years (or period 118).
How is the maturity period determined?The maturity period is the time when the bonds' face value will be repaid.
The maturity period can be computed using an online finance calculator.
The relevant figures to input in the calculation include the yield to maturity rate, the semiannual coupon payment (3.5% of $1,000), the current market price, and the future value.
I/Y (Interest per year) = 6.72%
PV (Present Value) = $1,023.46
PMT (Periodic Payment) = $35 ($1,000 x 7% x 1/2)
FV (Future Value) = $1,000
Results:
N = 118.109
= 59 years (118.109/2)
Sum of all periodic payments = $4,133.81
Total Interest = $2,110.35
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The ____ phase in the business cycle is a period when the level of business activity rises and gdp grows.
The expansion phase in the business cycle is a period when the level of business activity rises and GDP grows.
The business cycle refers to the flow of business and the highs and lows that are experienced by a particular business sector. A business cycle has four stages- expansion, peak, contraction, and trough.
The expansion stage is the first stage, where the business is slowly growing, developing, and expanding. This level gives a rise in business, and an increase in income, which leads to a rise in the GDP.
Then comes a peak stage where the business is at its highest point. Then comes contraction, where the expansion ends, and the business comes down a little. This is a period when the income decreases. The trough is the next stage, where the contraction period decreases, and the business slowly goes on again to the expansion phase.
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16. one of the driving reasons behind the need for data management is to manage risk associated with the misstatement of financial data. true or false?
True, one of the driving reasons behind the need for data management is to manage the risk associated with the misstatement of financial data.
In finance, marketplace statistics is price and other associated data for a financial device pronounced by a buying and selling venue along with an inventory exchange. Market statistics lets traders and investors know the state-of-the-art rate and spot historic tendencies for gadgets which include equities, fixed-income merchandise, derivatives, and currencies. The market facts for a selected device could include the identifier of the instrument and in which it was traded consisting of the ticker symbol and change code plus the modern bid and ask charge and the time of the ultimate change. It can additionally encompass different data consisting of quantity traded, and bid, and provide sizes and static statistics approximately the monetary tool which could have come from a selection of sources. There are some economic information providers specializing in amassing, cleaning, collating, and distributing marketplace statistics and this has come to be the most common manner that traders and traders get the right of entry to market data.
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rule 203 of the aicpa’s code of professional conduct pertains to a. cpas’ independence b. authorities designated to establish accounting standards c. standards of competency d. solicitation of new clients by a cpa
Rule 203 of the AICPA's Code of Professional Conduct pertains to option(b)i.e, Authorities designated to establish accounting standards.
The American Institute of Certified Public Accountants published the AICPA Code of Professional Conduct, which is a set of codified statements outlining a CPA's ethical and professional obligations. The AICPA Code gives CPAs a way to recognize, assess, and deal with threats to conformity with ethical standards using a "threats and safeguards" method.
However, a CPA is not permitted to use the theoretical foundation to get around any restriction or obligation in the AICPA Code. An accounting standard is a collection of procedures and guidelines used to standardize bookkeeping and other accounting operations over time and across different businesses. All aspects of an entity's financial picture, including its assets, liabilities, income, outlays, and shareholders' equity, are subject to accounting standards.
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jules sylvester had always loved reptiles. when he was asked by a movie producer if he could locate some anaconda snakes for a movie, a business was born. sylvester is the proud owner and operator of reptile rentals. the california-based business, which he started with no financial help from anyone, is often called on to provide
The California-based business, which he started with no financial help from anyone, is often called on to provide "creepy, crawly" moments in the movies. Jules Sylvester is an example of a: sole proprietorship.
What is a sole proprietorship?This is the term that is sued to refer to a business owner that is known to be the only only one that is in charge of the business. He is the full owner of the business and he is the one that has to take the profits and the loss of the business enterprise that he has established for the sake of making money in the economy.
In this case, we have seen the way that the business has been explained as well as the ownership of the business. It is said to be the property of Sylvester. He is the one that is in charge of making all of the decisions that would concern the business.
Hence we would conclude by saying that Sylvester is running a sole proprietorship.
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Jules Sylvester had always loved reptiles. When he was asked by a movie producer if he could locate some anaconda snakes for a movie, a business was born. Sylvester is the proud owner and operator of Reptile Rentals. The California-based business, which he started with no financial help from anyone, is often called on to provide "creepy, crawly" moments in the movies. Jules Sylvester is an example of a:
A.
Sole partnership
B.
Sole proprietorship
C.
S corporation
D.
Limited partnership
E.
General proprietorship
software supplier inc. sells to a customer a perpetual software license and post-contract customer support for a 12-month period, commencing at the time that the software is activated. software supplier inc. charges $300 upfront when the software is purchased and $20 a month for 12 months, due at the end of the month. software supplier inc. sells the software separately for $400 while the standalone selling price of the post-contract customer support is $200.
The transaction price allocatted is computed by the standalone price which is $200, the journal entry will be Software Supplier Inc. A/c Debit $300 to customer's account $300 Monthly Pay: Cash Account Debit $20 to customer account $20
The foundation for calculating revenue is the transaction price. The cost specified in the contract isn't always the case. It is the anticipation of what the company will get. It implies that a company must project the transaction price.
The next step in accordance with ASC 606 is to proportionally apportion the transaction price inside a contract based on the Standalone selling price values established for specific Performance commitments.
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Complete Question: Software Supplier Inc. sells to a customer a perpetual software license and post-contract customer support for a 12-month period, commencing at the time that the software is activated. Software Supplier Inc. charges $300 upfront when the software is purchased and $20 a month for 12 months, due at the end of the month. Software Supplier Inc. sells the software separately for $400 while the standalone selling price of the post-contract customer support is $200.
a. How should the transaction price be allocated among the performance obligation(s)? Round to the nearest dollar.
b. Prepare Software Supplier’s journal entry to record sale of software to the customer and the entry for the first monthly payment
How did 3M's David Windorski get ideas from college students to help him in designing the final commercial version of the Post-it® Flag Highlighter? were these ideas important to the success of the product
David Windorski organized focus groups to elicit ideas from college students. He then made sample Post-it® Flag Highlighter models to distribute in exchange for a feedback survey after a month of use.
Who is 3M's David Windorski?3M researcher David Windorski collaborated with a group of local university students to find new uses for Post-it® Flags in their studies. Windorski's lab ideas were reinforced by student suggestions. Students suggested that combining Post-it® Flags with colored felt-tip highlighters could be used as bookmarks on key pages in their textbooks that they highlighted.
Windorski and the team experimented with various prototypes, such as Post-it® Flags on top, sides, and so on. He knew the basic concept was sound, but the designs were not. Windorski then had a breakthrough idea: put small Post-it® Flags inside pens and highlighters that students use.
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what will happen to the equilibrium in the market for a good if demand and supply increase simultaneously? equilibrium quantity will always increase equilibrium price will always decrease equilibrium quantity will always decrease equilibrium price will always increase g
If the equilibrium in the market for a good if demand and supply increase simultaneously then the equilibrium quantity will always increase equilibrium price will always decrease.
An equilibrium fee is a balance of demand and delivery factors. there is a bent for costs to return to this equilibrium until some traits of call for or deliver exchange. modifications within the equilibrium rate arise whilst either demand or deliver, or each, shifts or circulate.
A market is in equilibrium if on the market fee the amount demanded is the same as the amount provided. The fee at which the quantity demanded is the same as the amount furnished is called the equilibrium fee or market clearing fee and the corresponding amount is the equilibrium amount.
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A degrading accusation targeted towards you has been posted on a website without your permission. Upon finding it, you proceed to contact the site’s administrators, asking them to take it down because the information is false and damaging to your reputation. They refuse to grant your request. What ethical value are the website owners violating?.
It is a clear example of defamation and a breach of professional ethics on the part of the website owners if false charges are posted on any website without the owner's authorization and the administrator refuses to delete it.
The act of transmitting false information about a person to a third party online in order to harm that person's reputation is known as defamation. The person whose identity is portrayed negatively on the website may file a defamation lawsuit against the website's proprietors and seek damages. Cyber defamation typically refers to a defamatory statement, visible remarks, or commentary about individuals or harmful behavior that is published online. While working in the digital environment, cyber ethics are crucial.
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kelty company’s year-end financial statements reported the following (in millions): total assets $41,278 total liabilities 29,465 total shareholders’ equity 11,813 dividends 205 net income (loss) 3,160 retained earnings, jan 1 11,425 what did kelty company report for retained earnings at december 31? select one: a. $14,768 million b. there is not enough information to determine the answer. c. $14,585 million d. $14,380 million e. $14,790 million
If kelty company’s year-end financial statements reported the following (in millions): total assets $ 41,278 total liabilities 29,465 total shareholders’ equity 11,813 dividends . The amount that kelty company report for retained earnings at december 31 is: d. $14,380 million.
Retained earningsUsing this formula to find the retained earnings
Retained earnings at December 31= Beginning retained earnings + Net income - Dividends
Let plug in the formula
Retained earnings at December 31 =$11,425 + $3160 - $205
Retained earnings at December 31 = $14,380 million
Therefore the correct option is D.
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ken was a very mature looking 17 year old whom everyone always mistook for being much older. pursuing his interest in computers, ken enrolled in compu school, a business and vocational school which taught computer training. on his application and to all school administrators, ken maintained that he was 20 years old which was a very believable lie given his mature appearance. after just two months of training, and before his 18th birthday, ken dropped out of compu school and disaffirmed his contract for enrollment with the school. in response, compu school sued ken for unpaid tuition.
A legal action will be taken against Ken or his guardians for unpaid tuition fees, being under 18 years (minors) of age Ken cannot be sued.
A minor is subject to civil litigation. You can sue the kid in their own right if they have been "emancipated." If the youngster is not freed, you can file a lawsuit on their behalf. A court may order a legal representative if they don't have one.
In most cases emancipation is not considered and minor's parents are held responsible. Every state establishes a "age of majority," which is typically 18. Until they are emancipated, those under this age are considered minors and must be looked after by a parent or guardian.
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derik inc., a calendar year, accrual basis corporation, accrued $278,000 vacation pay expense and a corresponding liability at the end of 2020. derik paid $22,000 of the accrued liability to employees who took vacation between january 1 and march 15, 2021. how much of the accrued vacation pay expense is deductible in 2020?
Due to the fact that the $22,000 in vacation pay expenditures were paid between January 1 and March 15, they are deductible. As a result, $22,000 will be deducted in the 2010 federal tax return.
What is permitted as a deduction from your pay in BC?Only in cases when it is required by law or when the employee has given written consent may an employer remove money from an employee's paycheck.
Federal income tax is one example of a legally required deduction.Costs of Federal Employment Insurance (EI)Investments in the Canada Pension Plan (CPP)wage garnishment mandated by a court.Can my employer withhold money from my paycheck?Rules for withholding money from your paycheck
If a deduction from your pay or wages is not required or permitted by law, such as for National Insurance, income tax, or student loan repayments, your employer is not permitted to make it. You formally approve a deduction. They can, according to your job contract.
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n which country's business environment is it important to understand that potential customers want to develop a personal relationship before doing business with foreign executives, dinner exchanges and lunch meetings provide a good time for executives to get to know one another better, and dinners most often occur in the late evening, at 9 or 10pm?
It's crucial to realize that prospective clients in Latin America want to build a personal connection before conducting business with international leaders. Executives might get to know one another better through lunch meetings and dinner conversations. At around 9 or 10 pm in the evening, dinner is typically served.
Businesses are organizations or enterprising entities involved in commercial, industrial, or professional activity. To coordinate any form of economic production is the goal of a business (of goods or services). Businesses can be for-profit corporations or nonprofit groups with a benevolent aim or advancing a social cause. From small, local businesses to massive, global organizations, businesses range in size and scope.
A company that operates for industrial, commercial, or professional purposes is frequently referred to as a business. A concept starts with an idea and a name, and in-depth market research may be necessary to ascertain whether it is feasible to transform the idea into a business. Before operations start, businesses frequently need business strategies.
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If the government taxed the production of pizzas, what would happen to the supply of Pizza
Price and quantity supplied are directly correlated, as stated by the law of supply. In other words, as the price rises, so does the quantity supplied. An upward-sloping line from left to right represents this.
What is the supply law?Two fundamental economic theories are combined in the law of supply and demand to explain how changes in the price of a resource, good, or service affect its supply and demand. Supply grows as the price rises, while demand declines. On the other hand, as the price drops, supply becomes limited and demand rises.
On a graph, levels of supply and demand for various prices can be represented as curves. These curves intersect at the equilibrium, or market-clearing price, where supply and demand are equal. The market's process of price discovery is represented by this intersection.
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what does a bond's rating reflect?multiple choice question.the quality of the bond relative to its competitorsthe debt-equity ratio for the current yearthe number of bonds issued by the corporation since its ipothe ability of the firm to repay its debt and interest on time
A bond's rating reflect the ability of the firm to repay its debt and interest on time.
Bonds are issued with the aid of governments and groups when they want to elevate cash. via buying a bond, you are giving the provider a loan, and they agree to pay you lower back the face price of the loan on a selected date, and to pay you periodic interest bills along the manner, typically two times a 12 months.
In finance, a bond is a kind of security beneath which the company owes the holder a debt, and is obliged – depending on the terms – to repay the primary of the bond at the maturity date as well as hobby over a exact quantity of time.
A bond is truely a mortgage taken out by a corporation. in place of going to a bank, the corporation gets the cash from buyers who buy its bonds
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if the price elasticity of supply for a good is equal to infinity, then the a. supply curve is vertical. b. supply curve is horizontal. c. supply curve also has a slope equal to infinity. d. quantity supplied is constant regardless of the price.
If the price elasticity of supply for a good is equal to infinity, then the supply curve is horizontal.
The relationship between the price of an item or service and the volume delivered over a specific time period is represented graphically by the supply curve. The price will typically be shown on the left vertical axis of an example, and the amount given will be shown on the horizontal axis.
The supply curve, which embodies the law of supply, will incline higher from left to right: The amount supplied rises as the cost of a certain good rises (all else being equal).
Keep in mind that this formulation suggests that quantity is the dependent variable and price the independent variable. The independent variable often appears on the horizontal axis, or x-axis, although economics is an exception.
Supply curves may frequently predict whether demand will cause a commodity's price to rise or fall, and vice versa.For items whose supply is more elastic, the supply curve is shallower (closer to the horizontal), whereas for those whose supply is less elastic, the curve is steeper (closer to the vertical).The demand and supply curves are the two main tenets of the law of supply and demand.Learn more about Supply curve, here
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mark loses his job as a road construction worker and cannot find another position with equivalent pay and benefits. as a result, he is still checking the want ads and reporting to the unemployment office on a weekly basis. he is considered to be:
As Mark cannot find another position with equivalent pay and benefits, he is considered to be B. underemployed.
Underemployed can be described as a terminology that is used when a person is getting paid less for a job or he is not working because his skills are not being effectively utilized in a job.
Underemployment is a major issue for job hunters with the growing demand for jobs. People are forced to take jobs that do not pay enough because they think that something is better than nothing.
In the case above, Mark will be considered underemployed as he is not receiving equivalent pay and benefits to his previous job.
Although a part of your question is missing, you might be referring to this question:
Mark loses his job as a road construction worker and cannot find another position with equivalent pay and benefits. as a result, he is still checking the want ads and reporting to the unemployment office on a weekly basis. he is considered to be:
A. laid off.
B. underemployed.
C. out of the labor force.
D. unemployed.
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h is employed by a company that provides group life insurance. how much of the employer-paid premiums for h's $150,000 coverage, if any, is going to be reported as taxable income to h?
The premium paid for $100,000 if h's insurance coverage was $150,000
Employer-paid premiums in relation to group life insurance do not constitute taxable income to the employees unless the death benefit paid for by the employer is more than $50,000. All of the employee-paid premiums for amounts greater than $50,000 are considered and reported as taxable income to the employee.
Therefore, the amount that is going to be reported as taxable income of the employer-paid premiums for h's $150,000 coverage can be calculated by subtraction as follows;
$150,000 - $50,000 = $100,000
Hence $100,000 would be reported as taxable income if h's insurance coverage was $150,000.
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the detergent company would like to sell the product in grocery and supermarket stores. they want their product to be at eye-level for customers to easily see. which of the 4 p's would this best describe? question 1 options: promotion place product price
The laundry detergent company wants to market its product in grocery and supermarket stores. They want their merchandise to be visible to customers at eye level. This is the placement that best fits their product.
What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting. A company, also referred to as corporate personhood, is essentially an artificial person in that it exists independently of the people who own, direct, and support its business.
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carpet baggers inc. is proposing to construct a new bagging plant in a country in europe. the two prime candidates are germany and switzerland. the forecasted cash flows from the proposed plants are as follows:
Both of the projects that are proposed by Carpet Inc. are worthwhile as they have same IRR of 13.88%
How to illustrate the information?The internal rate of return (IRR) for both cash flows must then be computed in order to determine if a factory should be built in Europe. Cash flows for both proposed projects must first be converted to cash flows in USD using the exchange rate for each corresponding year)/.
Using the 10% needed return as a benchmark, the IRR for the German facility is 13.87% and the IRR for the Swiss plant is 13.88%, meaning that both projects are acceptable. The Swiss project ought to be picked if just one project is to be chosen because it has a little higher IRR than the German project.
The complete question and the calculation are attached.
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An organizational ______ is someone whose accomplishments embody the values of the organization and whose accomplishments are put forth to motivate other employees to do the right thing.
A person who embodies the organization's principles and whose successes are used to inspire other workers to act honorably is known as an organizational hero.
An organization is a group of individuals engaged in the pursuit of specific goals. All formal human ties make up its social structure, which can be understood. Workload allocation among employees and task alignment with regard to the organization's main objective are both aspects of the organizational hero.
The process of organization is goal-oriented and works toward accomplishing those goals through careful planning and activity coordination. It is based on the idea of task division and establishes a hierarchy of authority and responsibility among the organization's members.
Formal organizational structure is the arrangement of roles and responsibilities that includes predetermined interactions and relationships. In order to achieve the company's goals, management formed it.
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division of labor increases productivity because select one: a. managers can force workers to produce goods that are valued more highly than the costs of producing them. b. each worker must learn each of the numerous tasks in the total production process
The division of labour is the specialization of cooperative labour in specific, circumscribed tasks and roles. This specialization allows for greater efficiency and output.
What is labour?
Understanding the operation and dynamics of a markets for wage labour is the goal of labour economics. Labor is a resource that is provided by workers, typically in return for a wage that is paid by greedy businesses. Labor economics must take into account social, cultural, and political factors because these workers are components of a social, institutional, or political system. Employers and employees interact to drive the operation of job markets or job markets. In order to understand the pattern of wages, employment, and income that results, labour economics examines the providers of labour services (workers) as well as the demanders of labour services (employers). These patterns can be found because it is assumed that every person in the market will act rationally based on the information they have access to regarding wages, the desire to provide labour, and the desire for leisure.
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Minimum wage in America should increase. Do you agree with this statement? Why or why not?
some employees feel that an organization should be focused on profits while others believe it should focus on doing the maximum good for the maximum number of people. what type of conflict is occurring here?
The conflict that is occurring here is an intrapersonal conflict. This is a conflict that is happening within an individual.
What is conflict?
Conflicts are struggles and clashes of ideas, beliefs, or even moral principles. There will always be conflict in society because it can have a variety of root causes, including personal, based on race, class, caste, political, and international. Conflict can also be theoretical, intellectual, or emotional, in which case achieving academic success may or may not be a significant driving factor. A subclass of cultural conflict known as intellectual conflict is one that develops over time as a result of various cultural values and beliefs. Group conflict frequently takes a predetermined path. Initial conflicts within the group, which are frequently brought on by internal disagreements, disputes among the group's participants, or a lack of resources obtainable to the group, first interrupt routine group interaction.
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the client in a listing agreement would be the: select one: a. salesperson taking the listing b. seller of the listed property c. listing broker d. buyer
The client in a listing agreement would be the b. seller of the listed property.
We can describe a listing contract as a kind of contract in which the owner of the property holds a real estate broker as the acting agent of the owner. As a result of the listing agreement, the broker has the authorization to find a buyer for the seller.
The listing agreement will hence contain the name of the seller who agrees to have a real estate broker in order to sell his property.
With the usage of a broker, it becomes easier for a seller to sell the property and for a buyer to buy the property.
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the main idea of billy beane avoiding to steal bases is because he dislikes making outs on the base paths. the management team believed that the biggest risk to not stealing bases was the missed opportunities that could result, such as on balls in play and consequently more runs.
Billy Beane despised "making outs on the base paths," which was his main justification for not wanting to steal bases.
Management concluded that the missed opportunities to steal bases and eventually score more runs posed the greatest danger. He used a straightforward strategy to steal the bases. From a, risk standpoint math clearly demonstrated how the risks of trying to commit a theft outweighed their advantages.
Overall, Billy Beane and the management staff wanted to win by limiting and eliminating the danger of failing to complete a steal and avoiding making outs on the base paths. Billy mentioned that as they were trying to manipulate the game, albeit math's worked and the risk exceeded its reward.
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15. the following tips will help you raise your credit except: a. trying to keep current b. dispute errors c. maxing out your credit cards to get more rewards d. pay more than the minimum payment
The following advice will improve your credit, with the exception of Payments more than the required minimum.
Payment is the exchange of money, products, or services for goods and services that are provided in acceptable quantities and that have been credit previously agreed upon by all parties. A payment can be paid using the traded services, cash, a check, a wire transfer, a credit card, a debit card, cryptocurrency, or any of these methods.
Payments can be done using currency thanks to the modern monetary Payments system. Payments may be done quickly with currency, which credit has streamlined the process of conducting economic transactions. Currency also makes it simple to hold money.
Prior to the widespread use of money and other payment mechanisms, exchanges of one good or service for another were utilized for barter payments. For instance, if an egg farmer desired milk but had a significant surplus of eggs, the farmer would need to locate a dairy farmer who would accept eggs in exchange for milk.
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recognition of impairment for long-term assets is required if book value exceeds: group of answer choices original cost. fair value. future cash flows. accumulated depreciation. none of these.
Recognition of impairment for long-term assets is recorded if the book value exceeds future cash flows. Thus, the correct answer option is (c) future cash flows.
Long-term assets include things like different types of equipment, buildings, and intangible assets. These assets are termed as impaired when their fair value becomes less than their carrying value.
To check long-term assets for impairment, cash flow, the total profit, or other benefits expected to be produced by the assets are compared with their current book value. If it is found that the book value of the asset exceeds the future cash flow or benefit of the assets, an impairment is recorded.
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When the marketing concept is used to make all business decisions, how many functions does marketing serve?.
There are Seven functions marketing serve.
The 7 functions of marketing are promotion, selling, product/service management, marketing information management, pricing, financing and distribution.
What are seven functions of marketing serve ?Promotion, selling, product/service management, marketing information management, pricing, financing, and distribution are the seven functions of marketing.
Promotion : Advertising and public relations are two examples of promotional strategies that frequently overlap with other business units and awareness-building activities.Selling : By consistently delivering overt sales pitches in your content and making it appear as if your only goal is to get people to buy something from you, you risk alienating your target audience.Service Management : Designing a new product that better meets customer needs and fills a market gap does not happen by accident or chance.Marketing Information Management : Data drives strategic marketing. Every good marketer understands that the more information you can gather about your target customer, competitors in your industry, and market trends, the more successful your marketing efforts will be.Pricing : Marketing research can also help brands determine how much to charge for a product.Financing : Financing is a constant source of concern for business owners and executives who must make difficult budgeting decisions year after year and quarter after quarter.Distribution : When a new product, promotion, or campaign is introduced, marketing managers and their supply chain counterparts must work together to ensure that all of the company's distribution ducks are in a row.To learn more about marketing refer :
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