To determine the cash paid to suppliers for purchases related to inventory, cost of goods sold (COGS) and accounts payable (AP) from the income statement and balance sheet, respectively, are adjusted for inventory movements.
What is an Operating Expense?Operating expenses are costs incurred by a business as a result of its ongoing operations. Rent, equipment, inventory prices, marketing, payroll, insurance, step charges, & money set aside for R&D are all examples of operating expenses, often known as OPEX. Operating expenses, also known as selling, general, or administrative charges, are what it costs to run a business (SG&A). There are several of them, including rent & utilities, sale & accounting, advertising and marketing and management & administrative salaries.
Why are operating expenses important?Operating costs are important because they may be used to assess how well a company manages its costs and inventory. It highlights the level of expenses a company must incur in order to achieve its main goal, which is to generate revenue. Examples of naturally recurring expenses incurred to operate a business are administrative, selling, or general expenses.
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Use the Internet to find an article that deals with the financial records of a business. Once you have found and read your article, record your summary and the link location using the following format in the box below. Be sure to include the URL links you used as resources in the space below. Submit your work below.
Paragraph #1 - Summary of article and link
Paragraph #2 - How it relates to entrepreneurship
Paragraph #3 - Your opinion of how the business will do in the next few months based on its financial records.
After using the Internet to search an article that deals with the financial records of a business is mentioned below:
Business Financial Record:The economic facts of a enterprise is a illustration of wherein the cash the enterprise earns comes from and wherein the cash is being directed in addition to the modern-day popularity of the cash earned, (source, U.S. Securities and Exchange Commission website) Financial facts includes; General accounting books, Banking facts, debtor's facts, creditor's facts, charges facts, tax facts, provide details, agreement facts, listing of assets, worker payments, cashbook facts, and inventory facts (Source Australian Charities and Not-for earnings fee website).
How it pertains to entrepreneurship?An entrepreneur, venturing right into a enterprise, wherein capital investments are and sources are put, sales is collected, shares are sold, and elements of manufacturing including device are purchased, can great keep the economic fitness of the via way of means of maintaining an correct and updated economic record, such that the coins flows are correctly control to achieve the proper fees and hobby fees from providers and creditors respectively .(Gateway to Commercial Finance website)
Your opinion of ways the enterprise will do withinside the following couple of months primarily based totally on its economic facts
A enterprise that always makes earnings and incurs a hard and fast charges is anticipated to grow, whilst a enterprise that has restrained sales is anticipated to embark on novel approaches.
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you have to wait until it says i posted it 1 minute ago if answer before u will be elminated 2 more to go
Answer:
GG
Explanation:
GG
Answer:
Yay I finally got to say something! Hi I hope you have had a good day! :) I would love to be brainliest because I never have been :')
Helena is only a couple months into running her nail salon business and she
has just paid all of her expense for the month. She made $5,000 for the
month of June and her expenses totaled about the same. Which term best
describes this occurrence?
A. Return on investment
B. Break-even point
C. Survival pricing
D. Markup plan
Answer:
B. Break-even point
Explanation:
APEX
The given situation can be best described as the Break-even point. Hence, Option B is correct.
What does Break-even point mean?
In economics, business, and particularly cost accounting, the break-even point is the point at which total cost and total income are equal, or "even."
Although opportunity costs have been paid and capital has received the risk-adjusted, projected return, there is no net loss or gain, and one has "broken even."
The break-even threshold is reached when overall costs and total revenues are equal, leaving small firm with no net benefit or loss. In other words, when an individual achieved the point in production where the revenue from a product equals the cost of manufacture.
Therefore, Option B is correct as the expenses and income both are same in the month of June.
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a merchant buys an old carpet for $25.00. he spends $15.00 to have it restored to good condition and then sells the rug for $50. what is the percent profit on his total investment?
The merchant bought an old carpet for $25.00, spent $15.00 to have it restored, and then sold it for $50. To find the percent profit on his total investment, we need to calculate the profit and express it as a percentage of the total investment.
First, let's calculate the profit. The merchant bought the carpet for $25.00 and spent an additional $15.00 to have it restored,the percent profit on the merchant's total investment is 25%.
$25.00 + $15.00 = $40.00. He then sold the carpet for $50.00.
To find the profit, we subtract the total cost from the selling price:
$50.00 - $40.00 = $10.00.
Next, let's calculate the percent profit on the total investment. The profit is $10.00 and the total investment was $40.00.
To find the percent profit, we divide the profit by the total investment and multiply by 100:
($10.00 / $40.00) x 100
= 25%.
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The housekeeping and maintenance departments in a company are engaged in a conflict because they have overlapping responsibilities. This is an example of conflict based on:
A. Jurisdictional ambiguity
B. Interdependence
C. Status inconsistencies
D. Common resources
E. Specialization
The conflict between the housekeeping and maintenance departments in a company is an example of conflict based on jurisdictional ambiguity.
This term refers to situations where there is uncertainty or ambiguity regarding which department or individual is responsible for a particular task or responsibility. In this case, both departments have overlapping responsibilities which makes it unclear who is accountable for certain tasks.Jurisdictional ambiguity is a common source of conflict in organizations, particularly when there are multiple departments or individuals with overlapping responsibilities. When there is ambiguity about who is responsible for what, it can lead to confusion, delays, and frustration among employees. It can also result in duplication of efforts or tasks being neglected altogether.In this case, the conflict arises because both the housekeeping and maintenance departments are responsible for maintaining the physical infrastructure of the company. For instance, both departments may be responsible for fixing broken equipment, cleaning up spills, and ensuring that the workplace is safe and comfortable for employees. As a result, it can be challenging to determine which department is responsible for what task.
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when CEO robert nardell took over home depot in 2000, there was central control. store managers acted independently and costs were higher than competitors like lowes. nardell changed the culture to focus on central control and cutting costs. to control costs, store managers were not allowed to choose products for local customers. employees os their customer-focused attitudes, and customer service suffered. to repair this , the next CEO, frank blake , sought to restore the "orange apron" culture. what does this example best illustrate?
Answer:
corporate culture is chosen by senior management in middle managers and employees have little control over it
Explanation:
I believe this is the answer because based off what it said the employees and managers were not allowed to choose products
true or false, to advance the progress completion percentage in a smartbook assignment, only one question per concept must be answered correctly
Answer:
FalseExplanation:
A SmartBook assignment's progress completion % may not always be dependent on correctly answering just one question per idea. The requirements for increasing a SmartBook assignment's progress completion percentage can change based on the particular assignment, the course, and the instructor. It could be determined by properly answering a predetermined number of questions overall, a predetermined number of questions in each topic area, or by doing a predetermined number of activities or evaluations inside the assignment. The easiest way to find out the precise requirements for raising the progress completion percentage in a SmartBook assignment is to study the assignment instructions or speak with the instructor.
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Which is a source of passive income? (1 point)
O working as a consultant
O owning luxury cars
teaching about personal finance
O owning dividend stocks
Answer:
owning dividend stock is answer
Tom is setting up a business as a boarding kennel. He will look after dogs while the owners are away. He has found a barn that he can rent. It will need fitting out with secure kennels and runs for the dogs. Identify three start up costs he may have. 1. Feeding bowls/dog leads and other dog care items
2.
3.
Answer:
Explanation:
1) Feeding bowls / dog leads and other dog care items. These are important for a safe upkeep and care of dogs that will be in his custody.
2)Tom should also have good insurance policy in place in order to make provision for future potential loss, The insurance policy should cover all the breeds of dogs for maximum economic benefit.
3)Another cost is the cost of obtaining a boarding license at the rate set by the covering local council . This is necessary to obtain a full government approval .
hello im Michal the fox how may tails i have three,two or,four
Answer:
2
Explanation:
when reading mutual fund quotations, the ________ is the price per share.
When reading mutual fund quotations, the Net Asset Value (NAV) is the price per share.
How is it calculated?NAV is calculated by dividing the total value of the fund's assets by the number of shares outstanding. The NAV changes daily based on the performance of the fund's investments.
Investors can use the NAV to determine the value of their investment in the fund. If an investor wants to purchase or sell shares in the fund, they will do so at the NAV price.
It is important to note that the NAV does not include any fees or charges associated with buying or selling shares in the fund.
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You plan to operate a basketball camp during the summer at Duke University. The total number of participants is 200. Camp participants will stay three nights in the university dormitories, and each room will house two camp participants. Duke charges you $40 per room each night. Liability insurance to run the camp will cost $3,000. Meals for the three day camp will cost $6,000. Duke will not charge you for the use of the basketball facility. Nike will provide sporting goods to be used by, and given to, participants. You and your partner each want to make $8,000 profit from running the camp. How much will you have to charge each participant to meet your goal?
Answer:
$245 per participant
Explanation:
total number of participants = 200
total costs for 200 participants:
$40 per night x 3 nights x 200 = $24,000 for rooms$3,000 for insurance$6,000 for mealstotal costs = $33,000
if you want to earn $16,000 in profits ($8,000 each),
price per participant = ($33,000 + $16,000) / 200 = $49,000 / 200 = $245
A whole supermarket shelf of snack food bags is marked, "Frito-Lay." This is an example of a(n)
brand.
a. co brand
b. individual
c private
d. wholesale
e. family
A gold standard ensures a long-run tendency toward price stability because
A gold standard ensures a long-run tendency toward price stability because the cost of producing an ounce of gold stays relatively constant overtime.
What is a gold standard?A gold standard is the system, abandoned in the Depression of the 1930s, by which the value of a currency was defined in terms of gold, for which the currency could be exchanged.
Therefore, the correct answer is the cost of producing an ounce of gold stays relatively constant overtime.
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List and explain the explain the economic issues involved in Industrial Cyclic Voltammetry. What are the economic issues involved in Cyclic voltammeter at Industrial scale?
Industrial cyclic voltammetry involves the application of the cyclic voltammetry technique in an industrial setting.
Cost of Equipment: Cyclic voltammetry at an industrial scale requires specialized equipment, including high-quality potentiostats, electrodes, and supporting infrastructure. These instruments can be expensive to acquire, maintain, and calibrate. The cost of equipment can be a significant economic consideration for industries implementing cyclic voltammetry.
Operational Costs: Operating an industrial-scale cyclic voltammetry setup involves expenses such as electricity, chemicals, and maintenance. The energy consumption of the equipment and the cost of chemical reagents required for the electrochemical processes can contribute to the overall operational costs.
Training and Expertise: Proper operation and interpretation of cyclic voltammetry data require skilled personnel with knowledge and expertise in electrochemistry. Training employees or hiring experts who are proficient in cyclic voltammetry techniques can add to the overall labor costs of the industrial process.
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Explain at least four consumer rights.
Explanation:
four basic consumer rights – the right to safety; the right to be informed; the right to choose and the right to be heard
can anybody help me please i will mark brainlyest
Why might overhead be underapplied in a year? why might it be overapplied? provide examples.
Overhead can be underapplied in a year when the actual overhead costs incurred exceed the overhead costs allocated to production. This can happen when there are unexpected increases in expenses such as utilities, maintenance, or repairs.
Conversely, overhead can be overapplied when the actual overhead costs incurred are less than the overhead costs allocated to production. This can occur when expenses are lower than anticipated. For instance, if a company sets their overhead rate based on estimated costs and experiences a decrease in maintenance expenses due to efficient machinery, the actual overhead incurred would be less than what was allocated.
In both cases, underapplied or overapplied overhead affects the cost of goods sold and can impact profitability. It is important for businesses to regularly analyze overhead variances to make necessary adjustments and improve cost control.
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What levels of risk does investing in the stock generally carry
medium
medium, high,
low, high
or low?
Low, high levels of risk does investing in the stock generally carry. Over the long term, stocks have the highest potential for growth for investors. Investors who have chosen to hold onto stocks for an extended length of time—say let's 15 years.
Typically been rewarded with robust, profitable returns. Utilize your associated banking account to open a risk and trading account. Access that trading account. Choose the shares you want to purchase or sell. Make sure you have the necessary investing funds in your account to purchase the shares stocks. taking dividends in— Many stocks distribute dividends, which are based on the company's earnings per share.
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When you write your presentation's objective in the AIM method, it should be result-oriented and audience focused specific and measurable attainable and worthwhile all of the above Question 3 The three components of an AIM strategy are Align, Imagine, and Multiple Articulate, Instruct and Mimic Audience, Intent, and Message Attention, Interaction, and Multimodal Which of the following are true about backgrounds on PowerPoint slides? O They should be simple, open and spacious. O They should never compete with the content. O They can incorporate anything you want or nothing at all. O All of the above Question 15 2 pts The metaphor suggests that there is a limited capacity in a person's working memory to process new information creating a narrow passage from a person's sensory memory to their long term memory. O Eye of the needle O Short sided O Motif O Hierachy
When you write your presentation's objective in the AIM method, it should be result-oriented and audience-focused.
The AIM method stands for Audience, Intent, and Message. When crafting your presentation objective using this method, it is important to consider the desired results you want to achieve and the specific needs of your audience. By setting a result-oriented objective, you ensure that your presentation is focused on achieving specific outcomes or actions from the audience. Additionally, an audience-focused objective means tailoring your message to address the interests, concerns, and preferences of your audience, making it more relevant and engaging for them. By combining both result-oriented and audience-focused elements in your objective, you can create a clear and impactful goal for your presentation.
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what are some corrective actions (or recommendations) to strengthen Louis Vuitton’s business? provide a brief justification (or an evidence) to support your explanation (long answer)
Answer:
Louis Vuitton (LV) had the prolific year 2014 because it continued to grow, despite changes in its market environment. The company has been responsive in its strategies and has maintained a long-term future (LVMH 4). Nevertheless, the company continues to face competitive challenges in the luxury product market. It faces the challenge of sustaining its performance amid the growing difficulties in penetrating new markets and the improvement in the activities by rivals to target its dominant market segment. The company follows a differentiation strategy.
The overall strategies are taken by LV also lead to changes in the parent company, as LV is the main revenue contributor to the LVMH group. The company has to sell to three main customer segments without jeopardizing its reputation in any of them. The segments are absolute, aspirational, and accessible. The absolute segment is very critical of customer care, product quality, and overall brand reputation. It also has the widest variation in preferences in the main global markets of LV. Besides, it has a substantial demand that has forced LV to reconsider many of its decisions that could have affected its performance in this segment. The aspirational segment has mixed characteristics while the accessible segment is less critical to brands and, therefore, most prone to sway to the competition. All the customer segments are collectively influenced by a great brand and product innovation strategy that LV has been exploring in the past few years (LVMH 34-56). The European monetary problems are easing, which should present a good environment for growth in the market (LVMH 5).
Social
The company has relied on leaders brought in by its parent company LVMH. It has also relaxed its use of in-house production resources in the past to focus on outsourcing (LVMH 54-55). However, the decision was reversed to save the company’s brand. Another problem is that the personal luxury business is growing in different directions in separate markets that LV serves. Its biggest market continues to be China, Europe, Japan, and the United States. Its Chinese market characteristics are different from those of Europe and Japan. However, the company has to meet the challenges of these markets without seeming to abandon any of its quality standards for customer service and product development. For example, it cannot discount products or follow noncompany-owned distribution models even when such strategies would significantly lead to a rise in revenues in the respective markets. These issues include a balance of the values and heritage of Louis Vuitton. The company has a 150-year reputation that it has to uphold while responding to the modern challenges of the business (Mahbubani 4).
Technological
The company has a limited product range, and the main products are more than a century old. The leather bag collection and the trunks with a five number combination lock have been in production since the late nineteenth century. They can rely on this technological reputation to defend their market share and appeal to the absolute and aspirational customer segments that are fixated on getting true luxury regarding uniqueness, heritage, quality, and visibility. The product line allows LV to claim that it is offering the most beautiful specimens of French manufacturing (Mahbubani 2). The exclusivity of the designs and their ruggedness are reputations that help the LV brand to sell to existing and new luxury customers. Customers get information and look up things or exchange views online, which is the way they shop. The behavior shapes the direction that LV is taking when differentiating its experience online. The company is building a following in social media channels to improve interaction with its brand. The digital platforms also use new forms of advertising to different niches like soccer fans (LVMH 11).
Which of the following agencies regulates insider trading?
answer: SEC A
Which president founded the SEC?
answer: Franklin D. Roosevelt B
Why were the federal regulatory agencies founded?
answer: to restore trust in the economy as a result of the Great Depression C
Which of these can cause a fluctuation in your income? Select the two correct answers
answers: a raise in taxes, a raise in your salary A and D
What is the definition of economic change?
answer: a shift in the structure of an economic system B
The answer response are:
A. SEC (Securities and Exchange Commission) regulates insider trading.
B. Franklin D. Roosevelt founded the SEC.
C. Federal regulatory agencies were founded to restore trust in the economy as a result of the Great Depression.
A. A raise in taxes and a raise in your salary can cause a fluctuation in your income.
B. The definition of economic change is a shift in the structure of an economic system.
What is the SEC about?The SEC is an independent federal agency in the United States that is responsible for regulating the securities markets and protecting investors. The SEC has broad authority to enforce federal securities laws, regulate the securities industry, and oversee various types of investment products, such as stocks and bonds.
Therefore, Franklin D. Roosevelt was the 32nd President of the United States, serving from 1933 until his death in 1945. He is best known for his leadership during the Great Depression and World War II.
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When would o subsidy to sellers benefit buyers more than selies? Munible Craice When the deenand curve is relatvely less eisic thea the wooly cirve. Buyers can never benaft more tisn wellers fiom a tubioy 10 tallers if the buyers so moee deserving of the subuldy When the demand curve is reatevely more elsouc than the veody rurwo.
A subsidy to sellers benefits buyers more than sellers when the demand curve is relatively more elastic than the supply curve.
A subsidy to sellers would benefit buyers more than sellers when the demand curve is relatively more elastic than the supply curve. This is because in this case, buyers are more sensitive to changes in price than sellers, so a decrease in the price of the good resulting from the subsidy will lead to a larger increase in quantity demanded than a decrease in quantity supplied. As a result, buyers will benefit more from the subsidy than sellers. This can be explained through the concept of consumer surplus and producer surplus. When a subsidy is given to sellers, the supply curve shifts to the right, leading to a decrease in price. The decrease in price increases consumer surplus, as buyers are able to purchase the good at a lower price than before. However, the increase in quantity supplied leads to an increase in producer surplus, as sellers are able to sell more units of the good at a higher price than before. If the demand curve is relatively less elastic than the supply curve, the increase in producer surplus will be greater than the increase in consumer surplus, and sellers will benefit more from the subsidy. On the other hand, if the demand curve is relatively more elastic than the supply curve, the increase in consumer surplus will be greater than the increase in producer surplus, and buyers will benefit more from the subsidy. Therefore, a subsidy to sellers benefits buyers more than sellers when the demand curve is relatively more elastic than the supply curve.
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Rebecca knows that becca furniture's marginal cost curve is above the average total cost curve. this means becca furniture's average total cost curve?
a. must be rising
b. may be rising, falling, or flat depending on other things.
c. must be flat
d. must be falling
Rebecca knows that Becca furniture's marginal cost curve is above the average total cost curve. this means Becca furniture's average total cost curve must be rising.
A cost curve is a graph that shows the costs of production as a function of the overall quantity produced in economics. A cost curve is the end result of productively efficient enterprises in a free-market economy optimizing their production process by minimizing costs consistent with each feasible level of production.
Cost curves are used to determine output volumes by profit-maximizing businesses. Total and average cost curves, marginal ("for each additional unit") cost curves, which are equal to the differential of the total cost curves, and variable cost curves are among the several types of cost curves that exist. While some applications are in the near term, others do so in the long term.
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Typically the most popular images are those that are carefully planned and staged.
a. True
b. False
False. The popularity of images is not necessarily dependent on careful planning and staging.
The statement is false. While carefully planned and staged images can certainly be popular, the popularity of an image is not solely determined by the level of planning and staging involved. In fact, many popular images are often spontaneous and capture candid moments or unique perspectives. The rise of social media platforms and the ease of sharing photos have given prominence to a wide range of images, including those that are raw, authentic, and unplanned. The appeal of an image often lies in its ability to evoke emotions, tell a story, or resonate with the viewer, rather than being solely reliant on careful planning and staging.
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Which of the following is the first activity in the project execution phase?
a. Managing changes to the Baseline Project Plan
b. Communicating the project status
c. Executing the Baseline Project Plan
d. Maintaining the project workbook
There are four stages in the project management lifecycle: 1) initiation; 2) planning; 3) execution; and 4) closure. Using a Work Breakdown Structure, project activities are defined as the initial planning activity.
This activity's goal is to create a shared understanding of the project's scope. A sample work breakdown structure looks like this. It is a description of the work that needs to be done to finish a project's deliverables. The actions (tasks, milestones, deliverables, and artifacts) outlined in the planning phase are completed during this phase. To track, evaluate, and control the project's performance, monitoring and controlling methods and procedures are also used.
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Which of the following is an advantage of starting your own business?
Answer:
The most common reason people launch their own business is to be their own boss. Other benefits include flexibility, financial rewards, the opportunity to innovate, and a chance to impact your community. Still, there are serious risks to launching your own business, and you should carefully consider and plan before you take the leap.
Explanation:
Soft skills 2 sentences that will help
Answer:
Include the terms most closely related to the job in your resume, especially in the description of your work history. Highlight Skills in Your Cover Letter: You can incorporate soft skills into your cover letter. Include one or two of the skills mentioned here, and give specific examples of instances when you demonstrated these traits at work
Explanation:
Which of the following are categories according to the Big Five Factors model?
Answer:
The Five Factor Model breaks personality down into five components: Agreeableness, Conscientiousness, Extraversion, Openness, and Stress Tolerance.
Explanation:
7) Mr. Smith acquired a property consisting of one acre of land and a two-story building five years ago for $100,000. He also obtained an $80,000 mortgage loan from ACE Bank to provide financing to complete the purchase. This year, Mr. Smith constructed another building on the property with his own funds at a cost of $20,000. Mr. Smith has decided after completing the building to approach Duce Bank to borrow against his property with a $16,000 second mortgage. Is Duce Bank likely to provide the $16,000 in financing
Answer:
hey sorry i just want points YOSHII :3
Explanation:
Apart from providing $16,000 in the financing, the other option that can be considered by Mr. Smith is that after using the property clause, the thing that can be done with the $80,000 first lien under the terms of the first mortgage, the lender has a first lien on any modifications made to the property used to secure the mortgage loan.
What is a mortgage loan?A mortgage loan is a kind of secured loan. After applying for a mortgage loan, one can get the funds in exchange for immovable assets like a house or a commercial property that provides security for the lender.
In the case of Mr.Smith, as per the provisions contained in the existing mortgage document, there is a bank name ABC bank that would most probably be the first lien on the new building constructed by Mr. Smith.
Therefore, an approach has been made by Mr. Smith to Duce Bank before constructing a new building on land which served as security for the initial mortgage loan.
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The complete question is attached in text form:
Mr. Smith acquired a property consisting of one acre of land and a two-story building five years ago for $100,000. He also obtained an $80,000 mortgage loan from ACE Bank to provide financing to complete the purchase. This year, Mr. Smith constructed another building on the property with his own funds at a cost of $20,000. Mr. Smith has decided after completing the building to approach Duce Bank to borrow and mortgage the new building with a $16,000 loan. Is Duce Bank likely to provide the $16,000 in financing? What other options may Mr. Smith have to consider?