many consumers are willing to pay $100 for a perfume that contains $10 worth of scent because the perfume is from a well-known brand. what kind of pricing is the company depending on?

Answers

Answer 1

The sort of pricing enterprise is relying on is the option B) They use the fee as a hallmark of first-class.

The required details for pricing in given paragraph

Pricing is the procedure wherein a commercial enterprise units the fee at which it's going to promote its merchandise and services, and can be a part of the commercial enterprise's advertising plan. In placing charges, the commercial enterprise will recall the fee at which it is able to collect the goods, the production price, the marketplace, competition, marketplace condition, brand, and first-class of product. Pricing is a essential component of product management and is one in all the 4 Ps of the advertising mix, the opposite 3 elements being product, advertising, and place. Price is the best sales producing detail among the 4 Ps, the relaxation being price centers. However, the opposite Ps of advertising will make contributions to decreasing fee elasticity and so permit fee will increase to pressure more sales and profits.

Pricing may be a guide or automated procedure of making use of charges to buy and income orders, primarily based totally on elements such as: a set amount, amount break, advertising or income campaign, particular supplier quote, fee winning on entry, cargo or bill date, aggregate of a couple of orders or lines, and lots of others.

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Complete question

Many consumers are willing to pay $100 for a perfume that contains $10 worth of scent because the perfume is from a well-known brand. What does this image pricing suggest about these consumers?

A) They process prices from left to right.

B) They use the price as an indicator of quality.

C) They are rounding up the price.

D) They are remembering an external frame of reference.

E) They are breaking the price into smaller units.


Related Questions

Demetri overhears his colleague say, "I cannot believe the Yankees lost that game! Did you see that home run?" How would Demetri BEST classify this type of communication

introductions


small talk

making a request

giving condolences

Answers

If Demetri overhears his colleague say, "I cannot believe the Yankees lost that game! Did you see that home run?"  Demetri would  BEST classify this type of communication as: D. giving condolences.

What is communication?

Communication can be defined as the way in which two or more people tend to interact with one another. Communication can be inform of written, verbal or non-verbal.

This scenario is an example of giving condolence based on the fact that the Demetri colleague is showing empathy as well as giving condolence because yankees lost the games.

Therefore the correct option is D.

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which of the following statements is true when a country's citizens' overseas production is met by domestic production by foreigners? a.) it is impossible to predict, given different tax rates in different countries. b.) gdp and gnp are fairly equal. c.) gdp is much larger than gnp. d.) gnp is much larger than gdp.

Answers

Gdp and gnp are fairly equal.

What is GDP?The total monetary or market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP).It serves as a thorough assessment of the state of the economy in a particular nation because it is a wide indicator of total domestic production.Even while GDP is frequently estimated on a yearly basis, it can also be calculated quarterly.For instance, the government of the United States produces an annualized GDP estimate for both the calendar year and each fiscal quarter.Each set of data in this report is presented in real terms, which means that it has been adjusted for price changes and is therefore net of inflation.

Hence, Gdp and gnp are fairly equal.

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A firm's first few employees tend to have increasing marginal product. at some point, the principle of diminishing marginal product kicks in. as a result: _________

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A firm's first few employees tend to have increasing marginal product. at some point, the principle of diminishing marginal product kicks in. as a result: the average total cost is U shaped

Business owners don't just do this for fun when they invest in their firm by adding additional employees, buying new machinery, or procuring more raw materials. In return for their investment, they seek a profit. They are specifically searching for increased output because, in theory, doing so should boost their company's net profitability. The idea of marginal product can be used to illustrate how rising investment and rising production are related.

The extra output produced as a result of more input going into a business is known as the marginal product. MPP, or marginal physical product, is another name for it.

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q8: junk food has been criticized for being too cheap, enticing the poor to adopt unhealthful lifestyles. suppose that the state of oklahansas imposes a tax on junk food. what has to be true for the tax to deter most people from eating junk food: should junk food demand be elastic, or should it be inelastic?

Answers

Junk food has been criticized for being too cheap, enticing the poor to adopt unhealthful lifestyles. Suppose that the state of oklahansas imposes a tax on junk food. For the tax to deter most people from eating junk food, the demand should be elastic.

What is elastic demand?

Elastic demand is demand in which the quantity demanded varies greatly with changes in price. Inelastic demand is demand for which the change in quantity demanded is small due to changes in price. The formula for calculating elasticity of demand is:

(Q1 – Q2) / (Q1 + Q2).

Demand elasticity is a measure of how demand responds to changes in price. This is normalized. That is, each price and quantity does not matter, everything is treated as a percentage change.

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sat market research had $150,000 in revenue and $200,000 in expenses last year. sat market research experienced which of the following last year? multiple choice a profit a competitive disadvantage a loss economic inequity competitive inequity

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sat market research had $150,000 in revenue and $200,000 in expenses last year. sat market research experienced Loss of the following last year.

Revenue is the money made from regular business operations and is calculated by multiplying the average sales price by the quantity of units sold. In order to calculate net income, costs must be deducted from the top line (or gross income) figure. On the income statement, revenue is also known as sales. Revenue only includes the proceeds from sales; income and profit also include the costs incurred in generating revenue and reflect net (as opposed to gross) earnings.

Market research, also referred to as "marketing research," is the procedure used to assess the viability of a new service or product by conducting research with prospective customers. Market research enables a business to identify the target market and gather feedback from customers regarding their interest in the good or service as well as opinions.

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which of the following statements is correct regarding fundamental and technical analysis? a) technical analysis is considered to be valid only under the weak form of the efficient market hypothesis. b) fundamental analysis may provide better returns under the weak form of the efficient market hypothesis. c) top-down analysis starts with examining individual companies, and then examining the impact of the overall economy on that particular company. d) an example of technical analysis would be an investor looking at debt-to-equity ratios and price-to-earnings ratios.

Answers

Fundamental analysis may provide better returns under weak form of the efficient market hypothesis is correct regarding the fundamental and technical analysis.

What is efficient market hypothesis?

According to the efficient-market hypothesis (EMH), which is a theory in financial economics, asset prices accurately reflect all available information. Since market prices should only respond to fresh information, it follows that it is impossible to continually "beat the market" on a risk-adjusted basis. EMH only produces testable predictions when linked with a specific risk model because it is expressed in terms of risk adjustment. As a result, market anomalies—that is, departures from particular risk models—have been the focus of financial economics research at least since the 1990s. Bachelier, Mandelbrot, and Samuelson were the first to propose that financial market returns are difficult to forecast; nonetheless, Eugene Fama is most often identified with this theory because of his important overview of theoretical studies from 1970.

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a manager purchased better quality materials for a slightly higher cost than anticipated. however, as a result, there was less spoilage than normal. what is the effect on the price and quantity variances respectively?

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A manager purchased better quality materials for a slightly higher cost than anticipated. however, as a result, there was less spoilage than normal. The effects on the price are unfavorable and on quantity are favorable.

Quality is the scope at which point an object or system (for instance, process, crop, or service) answers a particularized set of attributes or necessities. Good quality administration can embellish your organization's brand and reputation, assure it against risks, increase allure effectiveness, boost allure profits and weaken waste, and position it to persist increase.

Spoilage is spending or deficit of material that happens during the production process. It can still be used to categorize inadequately broken material that is to say secondhand for refining a production. Spoilage is used to apply most commonly for natural resources whose age is very short.

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27. a private behavioral services firm has posted a job opening for an rbt. the posting mentions integrity as a desired qualification a number of times. an rbt applying for the job could best demonstrate integrity in the application process by

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A private behavioral services firm has posted a job opening for an RBT. An RBT applying for the job could best demonstrate integrity in the application process by Being honest about their educational background and work experience.

Integrity is best manifested by being truthful and advancing honesty in the remainder of something. A potential executive can yes (and endure) check citations, and accompanying chance those remarks have integrity and can present a truthful appraisal of the potential agent.

A Registered Behavior Technician (RBT) is everything in dispassionate backgrounds under the project of Board Certified Behavior Analysts (BCBA) to supply treatment plans for sufferers like autistic minors. As a practice machinist, you'll work under a BCBA to build ultimate stunning changes for an individual patient.

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you had planned on getting to work early to finish an important project that is due today, but your car won't start. you know you have the mechanic's number somewhere, but you can't remember where you put it. after searching all the logical places, you still cannot locate it. now that you will be late, you will not have time to finish your project, which was assigned to you two weeks ago. you start to panic, and the clock keeps ticking. in a written analysis, pinpoint three organization-related problems in this scenario. then, provide a technique or suggestion that would either eliminate each problem or reduce its effects.

Answers

The best course of action at this moment is "DELEGATION OF WORK," which will solve all other issues. One can get in touch with a member of our team or a colleague who can help finish the project work on time.

To remove any potential impediments or issues. First and foremost, three organization-related problems in this scenario, as the primary title implies, this issue has developed as a result of a deficiency in one of the key competencies, namely, time management.

Setting a deadline for finishing your job is an extremely crucial step.

Let's now examine the three main organizational challenges that this circumstance raises:

Maintaining a high level of customer service is essential in the present competitive environment, but delays in the job may put it in jeopardy and make customers unhappy. This must be minimized as a result.

Maintaining the Brand Image: It should go without saying that if your clients experience poor customer service and your services fall short of their expectations, your brand image will suffer and they will immediately choose different businesses.

Financial loss: The company will almost likely suffer a financial loss if a customer leaves because they won't choose us anymore, which will diminish sales volume and profitability.

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If product demand is relatively elastic, what will be the effect on the total revenue if the price is increased?.

Answers

If demand is relatively elastic, an increase in price will decrease the total revenue.

Price elasticity of demand is the change in quantity demanded due to a change in price.

If demand is elastic, a small percentage change in price will result in a larger percentage change in the amount demanded. Therefore, if the price were to rise by, say, 2%, your change in the amount demanded would be even greater, perhaps by 3%. Furthermore, as price and quantity demanded to go in opposite directions, your sales will decline more than the price increase. Consequently, your total revenue will decline. In other words, there will be a decline in sales and profit.

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sales volume 100,000 units 96,000 units sales price $ 4 per unit $ 3.90 per unit materials usage 40,000 gallons 42,000 gallons labor price 12.50 per hour 12.45 per hour the sales volume variance was: multiple choice $16,000 unfavorable. $25,000 unfavorable. $16,000 favorable. $25,000 favorable

Answers

Sales volume 100,000 units 96,000 units sales price $ 4 per unit $ 3.90 per unit materials usage 40,000 gallons 42,000 gallons labor price 12.50 per hour 12.45 per hour the sales volume variance was  $25,000 unfavorable.

What is sales volume variance?

By calculating the gap between actual and budgeted sales volume, professionals can measure the effectiveness of their sales efforts. They might examine their actual and planned sales volumes, average profit, revenue per unit, and contribution per unit to achieve this.

The difference between the actual and anticipated number of units sold, multiplied by the planned price per unit, is the sales volume variation. The equation is: Sales volume variance = (Actual units sold - Budgeted units sold) x Budgeted price per unit.

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does the national do not call registry adversely affect the way that business is conducted in this country? if so, how

Answers

Real companies cannot make sales calls because of the Do Not Call Registry. Telemarketers are advised not to call certain numbers on a list called The Registry.

The FTC is unable and unwilling to block calls. Calls from scammers who ignore the Registry cannot be stopped by the Registry.

What are telemarketing companies?

Telemarketing is defined as the practice of speaking with current or potential clients over the phone.

In conclusion, keep in mind that telemarketing can assist a business firm in promoting or boasting about their goods or services, building a stronger customer database, generating numerous leads and appointments, and more.

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If product demand is relatively elastic, what will be the effect on the total revenue if the price is increased?.

Answers

If product demand is relatively elastic, total revenue will decrease if the price is increased.

If demand is elastic, a price rise will result in a decrease in overall revenue. A drop in demand for a good is caused by a rise in the price of the good. Additionally, that product's revenue starts to decline. Price increases cause total revenue to start shifting the other way, changing the percentage of quantity demand. As a result, when the price of any commodity increases, total income decreases.

If a product's demand is relatively elastic, a rise in price will result in lower total revenue.

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on november 1, alice co. accepted a 90-day, 6%, $2,000 note due january 30. on december 31, the appropriate adjusting entry was made. on january 30 of the next year, the note was honored and paid in full. the entry to record receipt of payment on january 30 would include a credit to: (check all that apply.)

Answers

Interest receivable refers to the hobby that has been earned with the aid of using investments, loans, or past due invoices however has now no longer certainly been paid yet.

The required details for Interest receivable in given paragraph

- Interest Receivable for $20.

- Notes Receivable for $2,000.

- Interest Revenue for $10

Alice Co Adjusting access

The access to document receipt of fee on January 30 might consist of a credit score to:

-Interest Receivable for $20.

- Notes Receivable for $2,000.

- Interest Revenue for $10.

Interest earnings is commonly taxable earnings and is provided withinside the earnings assertion for the easy motive that it's miles an earnings account. The hobby acquired with the aid of using the enterprise entity that relates to the following or different length is called hobby acquired in advance. It is the duty of the enterprise due to the fact the issuer can declare this quantity anytime.

This account is taken into consideration an synthetic person. Hence, it's miles a private account.

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the effective date for grapevine technologies ipo was one week ago. the company wishes to promote its new products, which are not described in the registration statement, red-herring or prospectus. can it now use a free writing prospectus for this purpose?

Answers

Yes, free writing prospectuses may be used by all eligible issuers in the post-effective period.

What is prospectuses?

A prospectus is a formal proposal for a research project written to persuade the reader (a professor, research committee, or subsequently, a project coordinator, funding agency, or someone similar) that the research can be done and will produce valuable findings.

What is a prospectus example?

For instance, PNC Financial (PNC) submitted a prospectus to the Securities and Exchange Commission in 2019 asking for a fresh debt issuance. A bond or promissory note with a set yield by maturity is what the senior note being offered to the public is.

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the president from which federal reserve bank always has a vote in the federal open market committee?

Answers

The only president from which the Federal Reserve Bank always has a vote in the Federal Open Market Committee is from New York.

What do you mean by the Federal Reserve Bank and why does New York vote ?

It was signed by The president Woodrow Wilson

The Federal Open Market Committee consist of twelve members

The seven members of the Board of Governors of the Federal Reserve Systemthe president of the Federal Reserve Bank of New York four of the remaining eleven Reserve Bank presidents, who serve one-year terms on a rotating basis.

The primary reason why the New York Federal Reserve Bank always has a vote in the Federal Open Market Committee is because the federal reserve bank  is involved in the bond and foreign exchange markets.

Hence, The only president from which the Federal Reserve Bank always has a vote in the Federal Open Market Committee is from New York.

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customer refunds payable is reported as a.a current asset. b.other income. c.a selling expense. d.a current liability.

Answers

Customer refunds payable is reported as a liability

Because it lowers the business expenses, a refund is a specific kind of expense transaction and shouldn't be recorded as income. The amount of consideration to which the business does not anticipate being entitled because it will be repaid to customers is represented by the refund obligation. At every reporting date, the refund liability is reassessed to account for changes in the estimate, and revenue is subsequently adjusted.

When a buyer returns an item to a seller, the vendor should deduct any reimbursements due to the customer. For the customer refunds payable, the liability account needs to be created at the same time as the associated sale. This account is used to predict future sales returns, which is another need for accounting rules for businesses.

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when selecting a settlement option on a variable annuity, the life expectancy table is used to calculate the:

Answers

When selecting a settlement option on a variable annuity, the life expectancy table is used to calculate the amount of the first monthly payment.

Whenever a variable annuity is annuitized, the first payout is computed using the AIR as the interest rate, just as it would be if the contract were a fixed annuity. The type of payout option chosen as well as the annuitant's life expectancy as calculated by the standard life expectancy table are also taken into account in the computation.

The performance of the separate account relative to the AIR will then determine the number of subsequent payments.

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carlton polish teaching 4. what is the polish/cleaning supplies market like? (size, market structure, segmentation, demand among customers and distributors) 5. what is your assessment of the carlton polish and why? (strategy, profitability, balance sheet, pro forma financials). 6. what is carlton polish worth? (perform discounted cash flow valuation, use discount rate 14.4%, to calculate enterprise value, and then equity value?). why is this not a true reflection of the value of the company to charlie carleton? 7. what should charlie carlton do? (should he buy or sell?) what would you do?

Answers

Cleaning products and services for institutional and industrial customers cost more than $4.5 billion. Contract cleaning companies, independent cleaning supply distributors, and cleaning product manufacturers who sell directly to customers are the three market segments.

How would you rate the Carlton polish, and why? (Strategy, financial projections, profitability, balance sheet)

Strong brand recognition for Carlton Polish aids distributors in marketing the product. Because the company educates the distributors on the Carlton items, they promote Carlton's goods. The selling, general, and administrative activities of Carlton account for more than 30% of its sales.

Additionally, executive summaries represent 10% of sales. In particular, if one of the two executive salaries will be eliminated by this proposed sale, executive salaries shouldn't rise by 10% annually along with sales.

What is the value of Carlton Polish? (Conduct a discounted cash flow valuation, use a 14.4% discount rate, and get the enterprise value and equity value.)

Value of Carlton Polish: $4,410,000 (from equity value). Given that he includes in executive wages, this may not be an accurate picture of the business. The company's value, after deducting the executive salaries, is about $6.5M at a 5% growth rate. The company is worth about $5.5M after deducting half of the executive salaries.

The company is worth about $7 million with an 8% growth rate. A 10% growth rate would put the company's value at about $12 million. Therefore, the company's actual valuation ought to be significantly higher than the planned one.

What ought Charlie Carlton to carry out? Should he purchase or sell? How would you respond?

Miller and Carlton each own a sizable portion of the business. Spending $2.5M on the acquisition will slow down the company, which has experienced good growth of 20% thus far. Additionally, the business has been run by the Carlton family for over 100 years, has a strong brand, and is recession-proof.

I would purchase Miller's business and then sell it to a significant corporation. Many businesses had been pursuing Carlton to buy the business. The large corporation will aid Carlton Polish's rapid growth.

A $2.5 million debt owed by Carlton will be discharged from the business. This can hinder the company's expansion. Selling the business to a different company will therefore enable Carlton Polish to continue experiencing its rapid growth.

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a 13 m2 solar array is installed in area that receives an annual average daily solar resource of 4.62 kwh/m2/day. the project is expected to cost a total of $13,021 over the 20 year lifetime of the project. what is the levelized cost of energy (lcoe) for this solar array project

Answers

For this solar array project, the Levelized cost of energy (lcoe) is 0.03714 KWL.

The solar array project's Levelized cost of energy (LCOE) relationship

= Total cost of ownership for a solar plant / Total energy output during the course of a solar project

Consequently, it is assumed that the 13m² solar array receives 4.65 kWh/m²/day of daily solar resources.

Therefore, the total daily energy received by the 13m² solar arrays is

4.65 * 13 = 60.45 kWh/day.

It therefore received = 60.45 * 365 = 22064.25 kWh/year for the full year.

The total energy received over the course of a 16-year solar project is equal to 22064.25 kwh/year * 16 years = 353028 kwh.

Additionally, the estimated project cost over these 16 years is 13114.

In light of this, LCOE = Total life-cycle cost of the solar project / Total energy output during the course of a solar project

LCOE = 13114 / 353028 = 0.03714 KWL

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which of the following statements about inventory management is/are true?
a. Safety stock is additional inventory that a firm carries to guard against unexpected changes in sales.
b. Outsourcing is the practice of arranging for a supplier to deliver raw materials at the time they are needed in the production process.
c. A firm should always order inventory in amounts sufficient to take advantage of quantity discounts.
d. The economic ordering quantity is the quantity at which the total cost of carrying (holding) inventory is minimized.
e. To most efficiently manage its inventory, a firm should not reorder raw materials until it has no products remaining in inventory.

Answers

Safety stock is additional inventory that a firm carries to guard against unexpected changes in sales. Option a statement is true about inventory management.

All of these stocks, also known as safety stocks or buffer stocks, have been kept on hand by the company as extra inventory to protect against unforeseen changes in sales or order delays.

Safety stock is an extra quantity of an item held in the inventory to lessen the risk that the item will be out of stock. It helps the company deal with unforeseen orders. It serves as a buffer stock in the event that sales are higher than anticipated or the supplier is unable to supply the extra units on time.

Safety stock can be used as a tactical tool with a new product until the corporation can assess how accurate its forecast is after the first few years.

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Concerning incremental project cash flow, which of these is a cost one would never count as an expense of the project?.

Answers

Financing cost (FC), also known as the cost of finances (COF), is the cost, interest, and other charges involved in the borrowing of money to build or purchase assets.

This can range from the cost it takes to finance a mortgage on a house, to finance a car loan through a bank, or to finance a student loan.

Finance a cost: what does it mean?

The interest and other costs incurred by the company when borrowing funds are referred to as financing costs. They are also referred to as "borrowing costs" or "financial costs. "There are two different ways a business can pay for its operations: Financing with equity.

Is cost financing an asset?

In the section of the balance sheet titled "other assets," financing costs are accumulated as an intangible asset.Although most closing costs are related to financing the purchase price, not all of them are.

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a company issued 5%, 20-year bonds with a face amount of $80 million. the market yield for bonds of similar risk and maturity is 6%. interest is paid semiannually. at what price did the bonds sell?

Answers

The bond will sell at a price equal to $70754091.21.

If a bond is not earning at the market interest rate and the bond is at a lost and the owner of the bond feels that he will incur loss by keeping the bond so he sells the bond. He takes into account all the factors of the bond and determines the current selling price of the bond. According to the question,  the face value of the bond is $80000000 and the coupon rate is 5%, the market interest rate is 6% and the maturity period for the bond is equal to 20 years. The selling price of the bond is calculated and attached with the answer. We find that the bond price that is calculated is lower than the par value the bond should be selling at a discount.

The formula for calculating Bond price will be expressed as

Bond Price = C × [1 - (1 + r)⁻ⁿ]/r + [F/(1 + r)ⁿ]

where F = Face/Par value of bond

r = Yield to maturity

C = periodic coupon payment

n = number of periods till maturity

So, Bond Price = 0.05 × [1 - (1 + 0.06)⁻⁶]/r + [$80000000/(1 + 0.06)⁶]

Bond Price = $70754091.21

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___ board is a water-resistant material used as a backing for ceramic tile in areas that have high moisture content, such as near a shower, tub or spa.
a) Wet
b) Green
c) Blue
d) Bypsum

Answers

Gypsum board is a water-resistant material used as a backing for ceramic tile in areas that have high moisture content, such as near a shower, tub or spa.

What is Gypsum ?

With the chemical formula CaSO 2H2O, gypsum is a soft sulfate mineral made of calcium sulfate dihydrate. It is widely mined, used as fertilizer, and the primary component of numerous plaster, sidewalk or blackboard chalk, and drywall products.

For usage as plaster of paris and as construction materials in plaster, Keene's cement, board products, tiles, and blocks, around three-fourths of the entire production is calcined.

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a time-series trend equation is 25.3 2.1x. what is your forecast for period 7? group of answer choices

Answers

A time-series trend equation is 25.3 2.1x.  forecast for period 7 is 40.0.

FitzRoy was motivated to create charts that would allow forecasts to be made by a storm that destroyed the Royal Charter in October 1859. He called this "forecasting the weather," and therefore created the word "weather forecast."

In order to estimate the company's future financial performance, small business owners use forecasting, which is the process of examining historical and current data as well as market trends.

a generalized propensity or inclination: trend. educational tendencies at the moment: a widespread swing. the preference for suburban living.

a widespread improvement or alteration in a circumstance or in the conduct of individuals: According to surveys, renting is becoming more popular than owning a property.

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odd foley is applying for a $230,000 mortgage. he can select either a $1,610 monthly payment with no points or a $1,449 payment with 4 points. how many months will it take todd to cover the cost of the discount points if he takes the lower monthly payment?

Answers

If Todd chooses the smaller monthly payment, it will take him (58 months) to make up the cost of a discount points.

What is termed as the discount points?Your interest rate is reduced by points, commonly referred to as discount points, in exchange for an up-front payment. The lender accepts a higher interest rate in return for a reduction in your closing fees. Sometimes, these words are used to refer to different things. Mortgage lenders have been using the term "points" for a long time.

For the stated question-

Amount of mortgage - $230,000.

Monthly payments - $1,610 monthly payment with no points.

Monthly payments - $1,449 payment with 4 points.

Thus, amount after apply 4 points is-

0.04 x $230,000 = $9,200

Time duration.

= $9,200/($1,610 - $1,449)

=  $9,200/$161

= 57.14

= 58 months

Thus, if Todd chooses the smaller monthly payment, it will take him (58 months) to make up the cost of a discount points.

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if the cross elasticity of demand for two goods is zero: group of answer choices the goods are substitutes the goods are compliments one of the goods is a normal good and the other good is an inferior good the goods are not related both goods are normal goods

Answers

B) The goods are complementary if the cross elasticity of demand for the two products is zero.

Cross elasticity: what is it?

How responsively consumers buy more of one commodity when the price of another good rise is measured by an economic concept called the cross elasticity of demand.

This statistic, which is also known as cross-price elasticity of demand, is determined by dividing the percentage change in the quantity demanded of one commodity by the percentage change in its price.

The cross elasticity of demand in economics describes how responsive a market is to changes in the price of one good relative to another.

What Does Demand's Cross Elasticity Measure?

Cross elasticity of demand assesses how two products are related when one of their prices changes. It displays how demand for one product changes relative to another as the price of one increases or decreases.

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this year bill purchased 1,000 shares of cain common stock for $12 per share. at year-end, the cain shares were worth $32 per share. what amount must bill include in income this year?

Answers

Bill paid $12 a share this year to buy 1,000 shares of Cain common stock. The value of the Cain shares at year's end was $32 per share. Up until the stock is sold, there is no realisation.

The realisation principle states that revenues are not recognised until they are actually realised. The moment at which profits are achieved is contingent. For instance, money is generated when goods are delivered to clients rather than when the delivery contract is signed.

One of the cornerstones of contemporary accounting, the realisation principle of accounting, offers a direct response to this query. The accrual system of accounting was also created concurrently by the realisation principle.

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melora has a sick child at home. her employer allows her to for a week, so she can work from home, set her own hours, and complete most of her work while caring for her child. question 1 options: a) outwork b) telecommute c) teleconference d) work-sharing

Answers

She has child at home. her employer allows her to  telecommute   for a week, so she can work from home, set her own hours, and complete most of her work

Hence, option B is correct.

What do you mean by Telecommute?

Telecommuting is an opportunity as well as the ability of an employee to complete work assignments from outside the workplace by using telecommunications tools such as email, phone, and apps. It requires in person office Attendance sometimes

It provides

The flexibilitybalanced work-home life improve employee morale. Reduced operational costs Reduced expenses for employees.Easier to focus.

Hence , She has child at home. her employer allows her to  telecommute   for a week, so she can work from home, set her own hours, and complete most of her work

Hence, option B is correct.

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depository institutions primarily engaged in the business of making short-term loans to businesses for inventory financing and other working capital needs are more commonly referred to as

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Depository institutions primarily engaged in the business of making short-term loans to businesses for inventory financing and other working capital needs are more commonly referred to as commercial banks.

What are commercial banks?

Commercial banks are financial institutions that provide services such as checking and savings accounts, loans, and credit cards to businesses and individuals. These banks are for-profit institutions that are regulated by state and federal governments. Commercial banks use the money deposited by customers to make loans and invest in securities. They also provide other services such as safe deposit boxes and wire transfers.

Commercial banks serve mainly businesses and provide businesses with the required amount of loans both for the short term and long term. Businesses can require loans for various purposes and for that the urgent need for cashflow is provided by commercial banks.

It can be concluded that depository institutions primarily engaged in the business of making short-term loans to businesses for inventory financing and other working capital needs are more commonly referred to as commercial banks.

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