2. The internal rate of return on an investment refers to the interest rate earned on the: a. Recovered money from an investment. b. Unrecovered balance of the investment. c. Income from an investment. d. Initial investment.
Answers
The internal rate of return on an investment refers to the interest rate earned on the: Initial investment. (Option d)
The correct answer is d. Initial investment.
The internal rate of return (IRR) is a financial metric used to measure the profitability of an investment. It represents the interest rate at which the net present value (NPV) of the investment becomes zero. In other words, it is the rate at which the present value of cash inflows equals the present value of cash outflows.
The IRR is based on the initial investment, which includes the cash outflow required to start the investment project. It does not refer to the recovered money, unrecovered balance, or income from the investment. Instead, the IRR calculates the rate of return on the initial investment to determine its profitability.
To know more about internal rate of return follow the link:
https://brainly.com/question/31870995
#SPJ4
Related Questions
Can Someone Please help me with this ASAP
From the following list of terms, select the one that best fits each definition below. Write your selected word on the lines provided.
Word bank:
feedback
empathy
active listening
credibility
consistency
packaging options
image
interpersonal
initiative
electronic
Questions:
1. One method of recording client requests. ____________________
2. A skill when using appropriate body language. ____________________
3. Good customer service builds the reputation, trust ____________________ of a business.
4. A communication skill needed to understand customers. ____________________
5. An example of choices that customers have. ____________________
6. Personal hygiene and grooming contribute to one’s ____________________.
7. Important in understanding the needs and point of view of a client. _____________________
8. Means reliability and constancy. ______________________
9. Employers appreciate workers who use their own ____________________ when making decisions.
10. When customers provide comments or reactions to customer service. ___________________
Answers
______________
1.One method of recording client requests. electronic. 2. A skill when using appropriate body language. _active listening 3. Good customer service builds the reputation, trust credibility of a business.__________. 4. A communication skill needed to understand customers. interpersonal 5. An example of choices that customers have. _packaging options. 6. Personal hygiene and grooming contribute to one’s_image. 7. Important in understanding the needs and point of view of a client. empathy. 8. Means reliability and constancy. consistency. 9. Employers appreciate workers who use their own ___initiative when making decisions. 10. When customers provide comments or reactions to customer service. feedback
other things equal, which of the following would increase the federal funds rate?
Answers
A decline in excess reserves in the banking system increase the federal funds rate.
The term "federal funds rate" refers to the Federal Open Market Committee's target interest rate range. The rate at which commercial banks overnight lend and borrow each other's surplus reserves is the aim.
Like any other market interest rate, the federal funds rate fluctuates according on how many reserves are available generally in the federal funds market. For instance, if there is a stronger demand than supply for reserves in the market, the federal funds rate rises; conversely, if there is a bigger supply than demand, the funds rate falls. In order to ensure that supply and demand are met at all times, the federal funds rate serves as a trigger that brings the federal funds market to equilibrium.
Option D is the correct answer.
Learn more about Banks here:
https://brainly.com/question/14368059
#SPJ4
The complete question is, "Other things equal, which of the following would increase the federal funds rate?
A. a decrease in loan demand in the federal funds market
B. a decrease in the reserve ratio
C. Fed purchases of government securities from banks
D. a decline in excess reserves in the banking system"
nicole is a manager of an online clothing store. she has five employees who work remotely in their homes in minneapolis, milwaukee, chicago, detroit, and cleveland. in addition to managing her employees and having a phone meeting with each of them weekly, nicole also orders merchandise, manages the inventory, coordinates shipping to customers, and manages the company's advertising and finances. what type of span of management does this scenario describe?
Answers
Narrow type of span of management does this scenario describe.
A management style is known as "limited span of control" involves managing just a few personnel. The number of workers who submit to a director in a corporation is referred to as the span of control.
Military, governmental, and institutions that must follow strict emergency protocols, including hospitals, are examples of organizations where the culture encourages a smaller scope of authority. Organizations use a small span when the nature of the work is complex and needs support from the superior.
A narrow span has few subordinates at a single level. An organization's structure gets taller as the number of leadership levels increases. Any organizational structure with many levels of hierarchy is considered tall.
Learn more about narrow span here:
https://brainly.com/question/30037385
#SPJ4
Will is currently in a 22% tax bracket and has a 7.2% savings rate of return. What is his after-tax savings rate of return
Answers
Based on the information given his after-tax savings rate of return is 5.62%.
After-tax saving rate of returnUsing this formula
After-tax savings rate=Saving rate of return×(1-Tax rate)
Where:
Saving rate of return=7.2%
Tax rate=22%
Let plug in the formula
After-tax savings rate=0.072×0.78
After-tax savings rate=0.05616×100
After-tax savings rate=5.62% (Approximately)
Inconclusion his after-tax savings rate of return is 5.62%.
Learn more about After-tax savings rate here:https://brainly.com/question/3520758
When the supply curve in the Sudanese slave trade is perfectly ________, every slave bought by the redeemers results in/is ________ held in captivity.
Answers
Answer:
B) inelastic; one less slave
Explanation:
Since in the question it is given that the supply curve in the Sudanese slave trade should be perfectly inelastic and every slave purchased by redeemers that determines that it should be one less slave held in captivity
Therefore in the given case it should be inelastic and one less slave
hence, the correct option is B
Also inelastic means less than one
What is the purpose of a Pareto chart?
To identify and prioritize the many causes that drive a large part of the outcome
To identify and prioritize the vital few causes that drive a large part of the outcome
To see how a few outcomes can be caused by many factors
Answers
The purpose of a Pareto chart is to identify and prioritize the vital few causes that drive a large part of the outcome.
A Pareto chart is a type of chart that combines a bar graph with a line graph and is used to identify and prioritize the most significant causes or factors contributing to a particular outcome. It is based on the Pareto principle, also known as the 80/20 rule, which states that roughly 80% of the effects come from 20% of the causes.
The chart arranges the causes in descending order of their frequency or impact, with the bars representing the individual causes and the line representing the cumulative percentage of the total. By visually representing the data, a Pareto chart allows you to quickly identify the vital few causes that have the greatest influence on the outcome, helping you focus your efforts and resources on addressing those factors first. Hence, the purpose of a Pareto chart is to identify and prioritize the vital few causes that drive a large part of the outcome, enabling effective decision-making and problem-solving.
Learn more about Pareto chart here:
https://brainly.com/question/24130611
#SPJ11
A physical count of supplies on hand at the end of May for Masters, Inc. Indicated $1,250 of supplies on hand. The general ledger balance before any adjustment is $2,100. What is the adjusting entry for office supplie s that should be recorded on May 31?
Answers
Answer:
Debit Supplies Expenses $850 and Credit supplies $850
Explanation:
Kimdly check attached picture for explanation
how we can assist Starbucks could be successful in
Australia market, please from supply chain aspect to thinking of
the solution. give more explanation.
Answers
To succeed in the Australian market, Starbucks should focus on finding reliable coffee bean suppliers, establishing a local distribution system, and adapting to the cultural preferences of the diverse Australian communities.
Starbucks, like any other company, will face a variety of challenges while attempting to enter the Australian market. Here are some of the supply chain elements and solutions that may assist Starbucks in succeeding in the Australian market:
1. Raw Material Sourcing:
Starbucks' supply chain, like most others, begins with raw material sourcing. The challenge in Australia is to find reliable sources of coffee beans that are both high-quality and cost-effective. The majority of the coffee bean suppliers in Australia are boutique roasters and importers that are small-scale. It may be challenging to find coffee beans that meet Starbucks' specifications in terms of quality, flavor, and consistency.
To meet this challenge, Starbucks must find suitable suppliers who can provide high-quality coffee beans on a regular basis. Starbucks can partner with existing coffee bean importers in Australia to gain access to a wide range of coffee bean varieties and develop long-term relationships.
2. Distribution and Logistics:
Starbucks has a well-established supply chain for distributing its products worldwide. Starbucks must, however, create a new distribution system in Australia that can quickly deliver fresh products to its stores. Starbucks must identify and develop partnerships with local logistics service providers that can offer a reliable and cost-effective distribution system.
To meet this challenge, Starbucks can partner with a reputable logistics service provider who can provide quick and cost-effective distribution.
3. Cultural Sensitivity:
Starbucks' success in Australia is reliant on its ability to understand and respond to the unique cultural and social norms of Australia's diverse communities. Starbucks must consider local preferences and customs when deciding on the product range, flavors, and store design.To meet this challenge, Starbucks can conduct in-depth market research to learn about the local community's cultural and social preferences. Starbucks can also collaborate with local artists and designers to create a store layout that complements the local architecture and culture.
Learn more about distribution system here:
https://brainly.com/question/27905732
#SPJ11
Contrast how a depositor's account is classified by a bank compared to how it is classified by the account owner by completing the following sentence. A depositor's account is a(n) (liability/asset/expense) on the bank's records, but it is a(n) (liability/asset/expense) on the books of the account owner. Because of this, every time the account owner makes a deposit, the bank (debits/credits) the account owner's account.
Answers
Answer:
A depositor's account is a liability on the bank's records, but it is an asset on the books of the account owner. Because of this, every time the account owner makes a deposit, the bank credits the owner's account.
Explanation:
A liability is a debt that a person or company owes to another party, usually in the form of money. Therefore, a depositor's account shows the amount the banking is owing the depositor. This makes it a liability.
An asset is any resource that a business or economic entity owns or controls, such as money. Therefore, a depositor's account shows the amount a depositor has in the bank or the amount the bank is owing him. This therefore makes it an asset.
According to accounting principle, all assets must be debited while liabilities must credited. Since a deposit a liability to the bank, the bank credits the owner's account every time the account owner makes a deposit.
Therefore, a depositor's account is a liability on the bank's records, but it is an asset on the books of the account owner. Because of this, every time the account owner makes a deposit, the bank credits the owner's account.
Identify the three components of retained earnings.
Answers
The three components of retained earnings are
Net Income DividendsReinvestmentHow is this so?1. Net Income - It represents the profits earned by a company during a specific period after deducting all expenses, taxes, and dividends.
2. Dividends - It refers to the portion of earnings distributed to shareholders as a return on their investment in the company. Dividends are typically paid out of retained earnings.
3. Retained Earnings - It is the portion of net income that is retained or kept within the company for reinvestment in business operations, expansion, or to strengthen the financial position of the company.
Learn more about retained earnings at:
https://brainly.com/question/25631040
#SPJ6
Which states the main difference between a monopoly and an oligopoly?
a. Oligopolies have a few large corporations that are part of the market.
b. Oligopolies have a lot of competition between companies.
c. Monopolies involve a much higher level of competition than oligopolies.
d. Monopolies have many corporations as part of the market.
Answers
Answer:
a
Explanation:
a. oligopolies have a few large corporations that are part of the market
using data to demonstrate the connections between implemented hr practices and agency performance is
Answers
Using data to demonstrate connections between implemented HR practices and agency performance is referred to as "HR analytics".
The HR analytics involves collecting, analyzing, and interpreting data related to HR practices, employee behavior, and organizational performance to gain insights and make data-driven decisions.
By examining the data, organizations can identify correlations, trends, and patterns that help establish the impact of specific HR practices on agency performance.
This approach enables organizations to measure the effectiveness of their HR strategies, identify areas for improvement, and make informed decisions to optimize HR practices and ultimately enhance agency performance.
Learn more about HR Analytics here
https://brainly.com/question/16938528
#SPJ4
The given question is incomplete, the complete question is
Using data to demonstrate the connections between implemented hr practices and agency performance is called as ?
The amount of a loss follows an exponential distribution with mean 50. An insurance policy of this loss has ordinary deductible coinsurance percentage = 75%, and maximum payment per loss · 100. Given that a payment has been made, find the expected payment.
Answers
The expected payment for the given insurance policy is $37.50.
How much is the anticipated payment for the insurance policy with a 75% coinsurance percentage and a $100 maximum payment per loss?In this scenario, the amount of loss follows an exponential distribution with a mean of 50. The deductible coinsurance percentage is 75%, which means that the insurance policy holder is responsible for paying the deductible amount of 75% of the loss. The remaining 25% is covered by the insurance company, up to a maximum payment per loss of $100.
To calculate the expected payment, we need to consider two cases: losses below and above the deductible amount.
For losses below the deductible (75% of the loss), the expected payment is 0 since the policyholder covers the full amount.
For losses above the deductible, the expected payment is the sum of 25% of the loss (covered by the insurance) and the deductible amount (covered by the policyholder). The expected payment is calculated as follows:
Expected payment = 0.25 * (Loss - Deductible) + Deductible
Substituting the mean of the exponential distribution (50) as the loss, and the deductible percentage (75%) as 0.75 times the mean, we get:
Expected payment = 0.25 * (50 - 0.75 * 50) + 0.75 * 50
= 0.25 * (50 - 37.5) + 37.5
= 0.25 * 12.5 + 37.5
= 3.125 + 37.5
= 40.625
Therefore, the expected payment for the insurance policy is $40.625 or approximately $37.50.
Learn more about insurance policy
brainly.com/question/24984403
#SPJ11
A teacher used distortion goggles, which shifted the wearer’s gaze 20 degrees, to demonstrate an altered perception. A student wearing the goggles initially bumped into numerous desks and chairs while walking around, but chose to wear the goggles for a half hour. After 30 minutes, the student was able to smoothly avoid obstacles, illustrating the concept of.
Answers
After 30 minutes, the student was able to smoothly avoid obstacles, illustrating the concept of Perceptual Adaptation. Thus the correct option is A.
What is perception?A perception is referred to as an opinion formed by an individual based on the situation that occurs in front of them. This perception is based on their understanding of what they see and interpret.
Perceptual adaptation emphasizes the body's ability to adjust to its environments by passing through disturbances. It can modify awareness in response to the data being received, improving coding effectiveness and improving classification at the modified level.
Therefore, option A is appropriate.
Learn more about Perception, here:
https://brainly.com/question/24823284
#SPJ1
The complete question is probably
A teacher used distortion goggles, which shifted the wearer's gaze 20 degrees, to demonstrate an altered perception. A student wearing the goggles initially bumped into numerous desks and chairs while walking around, but chose to wear the goggles for a half hour. After 30 minutes, the student was able to smoothly avoid obstacles, illustrating the concept of
answer choices
Perceptual Adaptation
Visual Interpretation
Sensory Restriction
Perceptual Constancy
Binocular Cues
Nonprofit organizations ______.
have no need for any type of accounting information
only need financial accounting information
must make decisions that use managerial accounting information
Answers
Nonprofit organizations must make decisions that use managerial accounting information. Nonprofit organizations operate differently from for-profit businesses.
Nonprofits must account for their financial activities and report on them to various stakeholders, including donors, grantors, and regulators. In addition to financial accounting information, nonprofit organizations also need managerial accounting information to make decisions about how to allocate their resources and achieve their goals. Managerial accounting provides insights into the costs and benefits of different programs, projects, and initiatives. Nonprofits can use this information to evaluate the effectiveness of their programs, make informed decisions about resource allocation, and identify areas for improvement. For example, a nonprofit may use managerial accounting information to compare the costs and benefits of different fundraising strategies, or to assess the impact of a new program on its overall mission. In short, while nonprofits may have different objectives than for-profit businesses, they still need accounting information to make informed decisions and manage their finances effectively. And managerial accounting information is an essential tool for nonprofits to achieve their goals and serve their communities.
Learn more about Nonprofit here:
https://brainly.com/question/25230172
#SPJ11
Which of the following decisions is most likely to create a temporary diseconomy of
scale? (Select the best answer.)
A)Buying supplies in bulk
B)Buying an expensive piece of machinery
C)Hiring employees who specialize
D)Using division of labor
Answers
Answer:
Buying an expensive piece of machinery
Explanation:
PLZ, I NEED THIS ANSWER ASAP CANT MOVE IN WITHOUT IT Dean is taking a personal assessment and notices that many of his interests involve the reading and creation of language arts and poetry. What career cluster will the assessment most likely indicate to be fitting for Dean? Technology Art and Performance Legal Public Service
Answers
Answer:
B -art and performance
Explanation:
Because, his interest were language arts and poetry and no other option even remotely, he resembles a similarity.
At the time of taking the personal assessment, the topics that will be covered by the Dean per their interest will cover the art and performance, which are based on the interests that he pursues. Hence, Option B is correct.
What is personal assessment?
A kind of test that is conducted by a higher authority or a psychologist for measuring the characteristics of a personality is known as the personal assessment. The data that is collected at the end of the test will be evaluated, and on the basis of that, further treatment will be given by the psychologist.
If the personal assessment is done by a higher authority like a dean or a teacher or a professor, then the result that is generated after the assessment will be used as a progress report for the student and would be suggested to practice in the area where there is need of the progress.
Thus, Option B is correct.
Learn more about assessment from here:
https://brainly.com/question/11388671
#SPJ6
Define demand and supply
Answers
Assume the following relationships for the Caulder Corp.: Sales/Total assets 1.4x Return on assets (ROA) 5.0% Return on equity (ROE) 14.0% Calculate Caulder's profit margin and debt-to-capital ratio assuming the firm uses only debt and common equity, so total assets equal total invested capital. Do not round intermediate calculations. Round your answers to two decimal places. Profit margin: ________% Debt-to-capital ratio: _________%
Answers
Caulder's profit margin is 3.57% and its debt-to-capital ratio is 66.67%.
Profit margin is calculated by dividing net income by sales. Net income is calculated by subtracting expenses from revenue. Sales are calculated by multiplying total assets by the sales-to-total-assets ratio.
Debt-to-capital ratio is calculated by dividing total debt by total invested capital. Total debt is calculated by subtracting common equity from total assets. Total invested capital is calculated by adding total debt and common equity.
In this case, net income is 5% of total assets, sales are 1.4 times total assets, and total debt is equal to total assets minus common equity. This means that Caulder's profit margin is 3.57% and its debt-to-capital ratio is 66.67%.
To learn more about debt-to-capital ratio click here : brainly.com/question/30764411
#SPJ11
compare and contrast a midsummer night's dream the importance of being earnest
Answers
Both "A Midsummer Night's Dream" and "The Importance of Being Earnest" are comedic plays that explore themes of love, mistaken identities, and societal conventions.
"A Midsummer Night's Dream" by William Shakespeare is a romantic comedy set in a magical forest, where the lives of four young lovers and a group of amateur actors become entangled through love potions and mischievous fairies. It highlights the transformative power of love and portrays the complexities of romantic relationships.
"The Importance of Being Earnest" by Oscar Wilde is a satirical comedy that mocks the social conventions and hypocritical behavior of the upper class. It revolves around mistaken identities, witty wordplay, and the pursuit of love. The play satirizes the superficiality of Victorian society while emphasizing the importance of honesty and sincerity in relationships.
Both plays employ humor and wit to explore the themes of love, identity, and societal norms, but each has its own unique style and approach.
For more questions like Romantic click the link below:
https://brainly.com/question/30104628
#SPJ11
Sample advertisement: Lose body fat and feel healthier with our proven supplement, Edgozene! Losing weight is easy with Edgozene! Just take two pills before each meal. You'll feel more full and eat less. No other diet pill offers what our product does - and for a limited time, if you buy now you can get two bottles of Edgozene for just $29.95! Which of these statements from the advertisement are facts? Check all that apply. A) Losing weight is easy with Edgozene. B) You will lose weight and feel healthier if you take Edgozene. C) You will receive two bottles of Edgozene when you order. D) Edgozene costs $29.95. E) You won’t eat as much if you take Edgozene.
Answers
Answer:
C) You will receive two bottles of Edgozene when you order.
D) Edgozene costs $29.95.
Explanation:
We assume that 1 order costs $29.95 and delivers 2 bottles. (That is, we assume that you cannot order 1 bottle for $14.98.) Under that assumption, the cost is $29.95 (D) and the amount delivered is 2 bottles. (C)
There is no way to determine whether any other claims are facts, or not. As a rule, feelings experienced when eating are a function of a lot more than just a diet pill. That is, you may or may not eat less when/if you feel more full.
Answer:
c,d
Explanation:
Better Fitness, Inc. (BFI), manufactures exercise equipment at its plant in Freeport, Long Island. It recently designed two universal weight machines for the home exercise market. Both machines use BFI-patented technology that provides the user with an extremely wide range of motion capability for each type of exercise performed. Until now, such capabilities have been available only on expensive weight machines used primarily by physical therapists. At a recent trade show, demonstrations of the machines resulted in significant dealer interest. In fact, the number of orders that BFI received at the trade show far exceeded its manufacturing capabilities for the current production period. As a result, management decided to begin production of the two machines. The two machines, which BFI named the BodyPlus 100 and the BodyPlus 200, require different amounts of resources to produce.
The BodyPlus 100 consists of a frame unit, a press station, and a pec-dec station. Each frame produced uses 4 hours of machining and welding time and 2 hours of painting and finishing time. Each press station requires 2 hours of machining and welding time and 1 hour of painting and finishing time, and each pec-dec station uses 2 hours of machining and welding time and 2 hours of painting and finishing time. In addition, 2 hours are spent assembling, testing, and packaging each BodyPlus 100.
The BodyPlus 200 consists of a frame unit, a press station, a pec-dec station, and a leg- press station. Each frame produced uses 5 hours of machining and welding time and 4 hours of painting and finishing time. Each press station requires 3 hours of machining and welding time and 2 hours of painting and finishing time, each pec-dec station uses 2 hours of machining and welding time and 2 hours of painting and finishing time, and each leg-press station requires 2 hours of machining and welding time and 2 hours of painting and finishing time. In addition, 2 hours are spent assembling, testing, and packaging each BodyPlus 200.
For the next production period, management estimates that 500 hours of machining and welding time; 350 hours of painting and finishing time; and 120 hours of assembly, testing, and packaging time will be available.
The net retail price of the BodyPlus 100 and the BodyPlus 200 are $350 and $445, respectively. Although some flexibility may be available to BFI because of the unique capabilities of the new machines. Authorized BFI dealers can purchase machines for 70% of the suggested retail price. BFI’s president believes that the unique capabilities of the BodyPlus 200 can help position BFI as one of the leaders in high-end exercise equipment. Consequently, she states that the number of units of the BodyPlus 200 produced must be at least 35% of the total production of BodyPlus 100.
Analyze the production problem at Better Fitness, Inc., and prepare a report for BFI’s president presenting your findings and recommendations. The report should include the following items:
The recommended number of BodyPlus 100 and BodyPlus 200 machines (In other words, find the optimal level of production for BodyPlus 100 and BodyPlus 200 using linear programming model).The effect on profits of the requirement that the number of units of the BodyPlus 200 produced must be at least 25% of the total production of BodyPlus 100. where efforts should be expended in order to increase contribution to profits
Objective function: Total profit
BodyPlus 200 requirement constraint
Non-negativity constraint
Time Constraint:
Machining & Welding
Painting & Finishing
Assembly, Test, and Packaging
Include a copy of your linear programming model
Answers
Based on the given production constraints and objectives, a linear programming model can be used to determine the recommended number of BodyPlus 100 and BodyPlus 200 machines for Better Fitness, Inc.
The effect of the requirement that the number of BodyPlus 200 units produced must be at least 35% of the total BodyPlus 100 production should also be considered. Additionally, efforts should be focused on increasing the contribution to profits by optimizing the production levels and resource allocation.
To find the optimal level of production for BodyPlus 100 and BodyPlus 200, a linear programming model can be formulated. The objective is to maximize the total profit, which is influenced by the production quantities of each machine. The decision variables would represent the number of BodyPlus 100 and BodyPlus 200 machines produced.
Constraints are applied based on the available resources, such as machining and welding time, painting and finishing time, and assembly, testing, and packaging time. These constraints ensure that the total production hours do not exceed the available hours.
In addition, a constraint is included to meet the requirement that the number of BodyPlus 200 units produced must be at least 35% of the total BodyPlus 100 production.
To increase the contribution to profits, efforts should be focused on optimizing the production quantities of BodyPlus 100 and BodyPlus 200 within the given constraints. By finding the solution to the linear programming model, the recommended number of machines can be determined, maximizing the total profit for Better Fitness, Inc.
Learn more about production here
https://brainly.com/question/30625052
#SPJ11
A logistics company has hired you as a consultant for their SCM
implementation. Explain in detail the flow of the supply to the
stakeholders. (800 words)
Answers
The flow of supply involves the movement of goods and information from suppliers to stakeholders, ensuring timely delivery and meeting customer demands.
In a supply chain, the flow of supply refers to the process of managing the movement of goods and information from suppliers to stakeholders, including manufacturers, distributors, retailers, and end customers. It involves several key steps: Supplier Selection: Identifying and selecting reliable suppliers who can provide the required materials or products. Procurement: Purchasing the necessary materials or products from suppliers, which involves negotiating contracts, placing orders, and coordinating deliveries. Production: Transforming raw materials into finished goods through manufacturing or assembly processes.
Learn more about logistics company here;
https://brainly.com/question/31863439
#SPJ11
Shannon and Rene are sisters who enter into a contract to buy an income property. The sisters get into a dispute, and Shannon wants out of the deal. However, their uncle Jerry wants to replace Shannon on the contract. Shannon agrees to the substitution so they go ahead and do it. This is an example of ________.
Answers
Answer:
Novation.
Explanation:
In this scenario, Shannon and Rene are sisters who enter into a contract to buy an income property. The sisters get into a dispute, and Shannon wants out of the deal. However, their uncle Jerry wants to replace Shannon on the contract. Shannon agrees to the substitution so they go ahead and do it. This is an example of novation.
Novation can be defined as the process or an act of legally replacing a party in a contract with another, adding an obligation to engage or replacing a contractual obligation to perform with another based on the consent of all involved parties.
The condition where Shannon wishes to get out of the deal and Jerry is replacing Shannon to a contract with Rene, such a contract is referred to as a contract by novation.
A novation contract is dependent on the willingness of both the parties for such replacement as a matter that only the person will replace another and the conditions of the contract do not change.
A contract by novation refers to replacement of undertaking the liabilities and benefits of an already entered contract by one or more person with respect to contract being valid.An illegal contract created without the knowledge of such person who replaces the concerned person for the benefits and liabilities will constitute as a contract viod ab initioThe person who replaces the concerned person will have the sole responsibility of the conditions arising out of entering such contract and hence there will be a direct and unlimited liability.Hence, the correct statement will be that Jerry will be responsible for the benefits and liabilities arising out of such contract which will be shared by Rene as it is a contract by novation.
To know more about novation contract, click the link below.
https://brainly.com/question/6350023
select all that apply which are major decisions that must be addressed by an economic system?
Answers
What and how to produce, how to generate it, and who will consume it are the three fundamental choices that every economy must make.
What things will be generated, who will create them, as well as where they would be produced are the three key choices that an economic system must make. What things are created, how they are produced, and who purchases them must all be determined by an economic system.
These three issues are addressed by economists: (1) What products and services ought to be created to satisfy client demands. (2) Who should generate them as well as how should they have been produced? 3) Who ought to be given commodities and services The economic system of a nation determines the responses to these queries.
Every economy operates under a certain set of conditions as well as presumptions. Traditional economies, command economies, mixed economies, as well as market economies are the four primary kinds of economic systems.
To know more about economy
https://brainly.com/question/2421251
#SPJ4
The given question is incomplete, the complete question is:
select all that apply which are major decisions that must be addressed by an economic system?
a) what to produce
b) how it is produced
c) who consumes it.
d) All
Which of these scenarios would lead to an industry requiring more productive workers?
A. Supply of goods increases, and demand for goods decreases
B. Supply of good decreases, and demand for goods increases
C. Supply of goods increases, and demand for goods remains the same
D. Supply of goods decreases,and demand for goods remains the same
Answers
Answer:
B- Supply of goods decreases, and demand for goods increases.
Explanation:
I took the quiz
Answer:
Supply of goods decreases, and demand for goods increases.
Read the Management Focus feature titled Did Walmart Violate the Foreign Corrupt Practices Act? What is your opinion? If you think it did, what do you think the consequences will be for Walmart?
Answers
Answer:
Following are the solution to this question:
Explanation:
The answer is yes because the corporation is the aim of this game for both the infringement of FCPA through resort to corrupt practices in order supply public officials of preferential treatment, advantages, and unfair compensation by restricting or trying to circumvent laws. Whenever major leadership in the country engages in activities and ensures that such investigations are structured to confuse and turn regulators into simple eyewashes, it becomes much more dangerous. Its activity could be cheapened, even if the bribe is done as in nations since it arises from the U.S and also has a bad reputation even when it does illegally overseas. After convicting, a company will be obliged to pay compensation and criminal penalties alongside interest on the Securities and Exchange Board. The volume of these could be measured by the seriousness of a performed crime.
______ is the ability to change and be flexible as problems arise and priorities shift.
Answers
Answer:
Adaptability is the answer
Cycle Wholesaling sold merchandise on account, with terms n/60, to Sarah's Cycles on February 1 for $1,250 (cost of goods sold of $725). On February 9, Sarah's Cycles returned to Cycle Wholesaling one-quarter of the merchandise from February 1 (cost of goods returned was $195). Cycle Wholesaling uses a perpetual inventory system, and it allows returns only within 15 days of initial sale. Required:
Answers
Answer:
1. 1-Feb
Dr Accounts receivable 1,250
Cr Sales revenue 1,250
2 . 1-Feb
Dr Cost of goods sold 725
Cr Inventory 725
3. 9-Feb
Dr Sales revenue 312.50
Cr Accounts Receivable 312.50
4. 9-Feb
Dr inventory 195
Cr Cost of goods sold 195
5. 2-Mar
Dr Cash 937.50
Cr Accounts receivable 937.50
B. Gross profit percentage=43.47%
Explanation:
A. Preparation of the journal entries to record sales , goods return on February 9 and Cash collected on March 2
1 to 3 Preparation of the journal entries to record sales
1. 1-Feb
Dr Accounts receivable 1,250
Cr Sales revenue 1,250
2 . 1-Feb
Dr Cost of goods sold 725
Cr Inventory 725
3. 9-Feb
Dr Sales revenue 312.50
Cr Accounts Receivable 312.50
(1/4*1,250)
4. Preparation of the journal entry to record goods return on February 9
9-Feb
Dr inventory 195
Cr Cost of goods sold 195
5. Preparation of the journal entry to record collected on March 2
2-Mar
Dr Cash 937.50
Cr Accounts receivable 937.50
(1,250-312.50)
B. Calculation for the gross profit percentage for sales to Sarah's Cycles
First step is to find the gross profit
Net sales 937.50
Less Cost of goods sold (530)
(725-195 )
Gross profit 407.50
Now let calculate the Gross profit percentage using this formula
Gross profit percentage = Gross profit/Sales
Let plug in the formula
Gross profit percentage=407.50/937.50
Gross profit percentage=0.4347*100
Gross profit percentage=43.47%
a. calculating future values [lo1] for each of the following, compute the future value: present value years interest rate future value $ 15451
Answers
The present values for the given scenarios are approximately $17,486.81 and $419,939.59 for the first and second scenarios, respectively.
To calculate the present value, we can use the formula:
\($PV = \frac{FV}{(1 + r)^n}$\)
Let's calculate the present values for each given scenario:
Present Value: $15,451
Future Value: $51,557
Years: 13
Interest Rate: 9%
Present Value, \($PV = \frac{51,557}{(1 + 0.09)^{13}}$\)
\($PV \approx \frac{51,557}{(1.09)^{13}}$\)
≈ $51,557 / 2.949359
≈ $17,486.81
Present Value: $886,073
Future Value: $550,164
Years: 4
Interest Rate: 7%
Present Value, \($PV = \frac{550,164}{(1 + 0.07)^{4}}$\)
\($PV \approx \frac{550,164}{(1.07)^4}$\)
≈ $550,164 / 1.310796
≈ $419,939.59
Present Value: $150
Future Value: N/A
Years: 35
Interest Rate: N/A
To learn more about present values
https://brainly.com/question/28304447
#SPJ4
Complete question:
Calculating Present Values [LO2] For each of the following, compute the present 2 value: Present Value Future Value Years 13 4 29 40 Interest Rate $15,451 51,557 886,073 550,164 9% 7 24 35