The firm's return on equity which is Net income ÷ Total equity of andrade corp is 34.7%.
What is return on equity?The ratio of a company's net income to the equity of its shareholders is known as return on equity (ROE). A company's profitability and the effectiveness of its revenue generation are measured by its return on equity (ROE). A corporation is better at turning its equity funding into profits the higher the ROE.Net Profit Margin x Asset Turnover x Equity Multiplier equals ROE. Sales x Assets x Equity x Sales x Earnings before taxes = ROE (1 - Tax Rate).The RoE reveals how much money the company makes for every rupee it has in equity. For instance, a company with a RoE of 10% would make a profit of Rs. 10 for every Rs. 100 it had in equity. RoE is a gauge of a company's profitability. It also depends on how much debt or overall leverage a company has.Given data :
Total equity = Total assets - Total liabilities = $5,178,235 − $2,834,950 = $2,343,285
Return on equity = Net income ÷ Total equity = ($812,355 ÷ $2,343,285 ) = 34.67%
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What is a key requirement of a savings plan?
0 to prioritize saving regularly without exception
O to save any money that has not been spent
Oto prioritize saving money when it is convenient
O to save money whenever you are at the bank or an ATM
To prioritize saving regularly without exception.
What is a saving plans?
Savings plans are financial solutions intended to encourage responsible saving while providing consistent returns that aid in reaching your financial objectives. These plans, which are typically life insurance products, protect your loved ones' finances in the event that something were to happen to you.What are the benefits of savings plan?
Helps Save Taxes: Since saving plans are essentially life insurance plans, they offer the same tax benefits offered by other insurance plans. In particular, you can avail an exemption of up to Rs 1.5 lakh towards your premium payments, as per Section 80C of the Income Tax Act.Why is saving crucial?
Having a budget can assist you:Manage unforeseen expenses and crises. Reach your financial objectives, such as saving for a car, a down payment for a home, or your retirement.To know more about savings, checkout this link:
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Which of the following is not a principle regarding the way lean systems function? (I) Identifying customer values (II) Focusing on processes that create value (III) Elimination of waste to create flow (IV) Increasing forecast accuracy (V) Producing only according to customer demand (VI) Optimizing on setup costs with long production runs (VII) Striving for perfection
Answer: These are not principles regarding the way lean systems function IV) Increasing forecast accuracy
(VI) Optimizing on setup costs with long production runs
Explanation:
A Lean system principle applies that businesses and organisations plan and prioritize their work output in relation to identifying and catering to customer values thereby eliminating things that do not add value and on the other hand ensuring sustainability and productivity of the organisation as a whole.
There are basic principles businesses adopt to improving workplace productivity and efficiency which include:
1) defining customer value,
2)identify the factors that contribute to the value stream and waste elimination
3) creating flow and strategic processes that create value
4) Ensuring products are produced according to demand and the right time
5) Strive for perfection.
Therefore option IV) Increasing forecast accuracy and
(VI) Optimizing on setup costs with long production runs are not lean system principles.
ECON please answer this question ASAP
What type of competition does a pizza parlor vs. an ice cream shop represent?
Answer:
Explanation:
Its an indirect competition because we know that a pizza parlor and ice cream shop belong to the same sector i.e. Food but in case of products sold we can observe that pizza is not the same product as an ice cream because one is considered as a fast food while other is mainly eaten as a dessert. If the pizza shop sold ice cream along with pizzas tooo then we might have come across a direct competition to some point.
But in this case the sector is same but the products sold are different therefore this competition can be considered as an indirect competition between the two parties.
Therefore we can conclude from the above statements that we can classify this competition as an indirect competition.
A college graduate has a Job with a monthly gross pay of 4000. He takes home less than 4000 because
A college graduate has a job with a monthly gross pay of 4000. He takes home less than 4000 because his net pay is lower than gross pay.
What do you mean by gross pay?Gross pay refers to the amount received by the employee without any tax deductions.
A college graduate has a job with a monthly gross pay of 4000. He takes home less than 4000 because his net pay is lower than the gross pay.
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The ________ view of social responsibility is that managers today are employees with a primary responsibility to shareholders and their single focus should be on generating financial returns.
In the classical view managers nowadays are employees with a primary duty to shareholders, and their main goal should be to produce financial returns. This is what is meant by social responsibility.
More about social responsibility:
In order to be socially responsible, a company should act in a way that benefits society as a whole as well as its shareholders. Many businesses, including those with "green" initiatives, have integrated social responsibility into their business models without sacrificing profitability.
Investors and customers which desire ventures that not only are successful but also enhance the well-being of mankind and the environment place a growing emphasis on social responsibility.
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Given the 2020 recession, what should be the goal of monetary policy? Should the Fed enact expansionary or contractionary policy? In other words, should the Fed increase the money supply/credit supply or decrease the money/credit supply. Explain what they might do to achieve their goal.
Answer:
Expansionary monetary policies
Explanation:
A recession is characterized by reduced economic activities, a high unemployment rate, and low business incomes. The economy experiences a reduced demand for products and services, leading to low production and a slow economic growth rate.
In a recession like in 2020, the Fed should employ measures that will stimulate economic growth. The appropriate measures are the expansionary monetary policies. These policies seek to increase liquidity in the market, thereby increasing the aggregate demand. Expansionary monetary policies increase the money supply in the economy; they include a reduction in the reserve requirement, reduction in the discount rate, and open market purchases.
What information about the competition would an entrepreneur want to open a house-cleaning business that was based upon a price-competition marketing strategy?
Answer:
The information regarding the competition that an entrepreneur would like to have to establish a business based on a price competition with other companies would be, precisely, the price at which they offer their products or services, as well as the price at which they get the inputs they use.
Thus, through this information, the entrepreneur could establish a business plan taking into account the profit margins of his competition, evaluating lowering the margins of his venture in order to capture a large market share, removing it from the competition.
A 35-year-old client purchases a variable life insurance policy. Under current regulations, the maximum sales charge permitted over the life of the policy is A) 9% B) 8.5% per premium payment C) 9% per premium payment D) 8.5% of total premiums over the life of the plan
Answer: 9%
Explanation:
A variable life insurance policy is simply referred to as a contract between an individual and the insurance company. In the case of death to the individual, a certain amount would be paid to the family of the individual.
It should be noted that under current regulations, the maximum sales charge permitted over the life of the policy is 9% and this period should not be more than twenty years.
a situation in which consumer response is sensitive to changes in price exhibits demand.
Sensitivity of the consumer base to price changes.
The price elasticity of demand measures how consumers' demands for a product fluctuate in response to price changes. It is calculated using the formula below:
Price Elasticity of Demand = %change in quantity demanded/%change in price
A good is deemed elastic if the quantity requested for it changes proportionally more than the price does. Salt is an elastic good, for instance, if the price increases by 15% but the demand decreases by 20%.
A good is categorized as inelastic if the quantity desired for it changes proportionally less than the change in price. Gasoline, for instance, is an inelastic good if its price increases by 30% but its demand decreases by only 10% (as is frequently the case in reality).
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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in the market for bank credit, a large bank sometimes announces a change in interest rates. after the changes in interest rates are announced, other banks in the industry usually react by changing their rates in the same way. this is an example of:
After the changes in interest rates are announced, other banks in the industry usually react by changing their rates in the same way. This is an example of Implicit collusion.
What is Implicit collusion?
Acts taken by rival businesses usually oligopolistic ones in a market that is intended to be controlled, priced higher, and generally behave like a monopoly that appear to be independent but are actually taking place simultaneously. The defining characteristic of implicit collusion, also known as tacit collusion, is the absence of any express agreement. One of two varieties of collusion exists here.
When two or more businesses work together to monopolise a market without making a formal or explicit agreement, this is known as implicit collusion.
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These graphs represent the price and output quantities of purses under perfect competition and monopoly. How much more or less will Jackie pay for a purse in a perfect competition than in a monopoly?
A) $20 more
B) $10 less
C) $20 less
D) $40 less
Answer:
C) $20 less
Explanation:
I have uploaded the graph below.
We can see in the graph that in perfect competition, Jackie will pay $30 dollars for five purses, while in monopoly, she will pay $50 dollars for the same quantity of purses, meaning that she will pay $20 less.
This situation shows one key difference between the two market structures: in perfect competition, prices are lower because they are equal to marginal cost, while in monopoly, prices are higher because they are more than the marginal cost.
Property and Casualty and Personal Lines agent-brokers who intend to transact Homeowners insurance must complete a mandatory (?)-hour Homeowners valuation course before transacting this insurance
Property and Casualty and Personal Lines agent-brokers who intend to transact Homeowners insurance must complete a mandatory 3-hour Homeowners valuation course before transacting this insurance.
In many states in the United States, Property and Casualty and Personal Lines agent-brokers who want to sell Homeowners insurance are required to complete a mandatory Homeowners valuation course. The number of hours required for this course varies by state, but it typically ranges from 4 to 8 hours.
The course covers topics such as the basics of Homeowners insurance, policy provisions, coverages, exclusions, and endorsements, as well as property valuation methods, including replacement cost, actual cash value, and market value. The purpose of the course is to ensure that agents are equipped with the necessary knowledge and skills to effectively evaluate and provide Homeowners insurance coverage to their clients.
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Which persuasive appeal do you think is the most effective in advertising? Explain.
What do you mean by ECONOMIC
Answer:
Economics is a social science concerned with the production, distribution, and consumption of goods and services.
) Briefly explain the difference between Regular Time Delay and Intra Assignment Delay control. [05 Marks]
Regular Time Delay and Intra Assignment Delay are two different types of control mechanisms used in telecommunications systems, specifically in the context of routing and transmission of data packets.
Regular Time Delay (RTD) is a control mechanism that introduces a predetermined delay or waiting time for each data packet before it is transmitted. This delay is typically constant and independent of the network conditions or traffic load.
The purpose of RTD is to provide a fair and equal opportunity for all packets to be transmitted, regardless of their arrival time. By introducing a fixed delay, RTD helps prevent congestion and ensures that packets are transmitted in a more orderly manner.
On the other hand, Intra Assignment Delay (IAD) is a control mechanism that dynamically adjusts the delay of each data packet based on the current network conditions and traffic load. Unlike RTD, IAD takes into account the real-time congestion levels and network performance metrics to determine the appropriate delay for each packet.
The goal of IAD is to optimize the network utilization and prioritize certain types of traffic based on their importance or quality of service requirements. By dynamically adjusting the delay, IAD can adapt to changing network conditions and allocate network resources more efficiently.
In summary, the main difference between Regular Time Delay and Intra Assignment Delay is that RTD introduces a fixed delay for all packets, while IAD dynamically adjusts the delay based on network conditions. RTD provides fairness, while IAD focuses on optimization and prioritization of traffic.
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What do future employers want to read in an application?
1. Problem solving and critical thinking are defined as
A. The process of finding solutions using myths.
3. Determining the quality of our beliefs,
C. The ability to use facts, knowledge and data to successfully solve problems
D. Assessing the practical impact of our beliefs,
Answer:
I believe it's C
Explanation:
It might not be, so I would wait till someone else gives you a answer just in case!!
ANSWER QUICKLY PLEASE
Read the following scenario, and then answer the question below.
An intern notices a problem with a new software package. She then complains to a technician who criticizes the new package. An engineer overhears their criticism, asks some more questions about the problem, and proposes a solution to their supervisor.
Who is demonstrating critical thinking?
the intern, who noticed the problem and complained about it
the technician, who criticized the new software package
the engineer, who investigated the problem and proposed a solution
the supervisor, who understood the problem and implemented the idea
Which of the following is least likely to help a team solve a problem together?
meet as a team and examine a problem
divide work according to skill and ability
reconvene with team members periodically until a problem is solved
limit communication between meetings to maximize creative thinking
Answer:c
Explanation:
the engineer, who investigated the problem and proposed a solution
An engineer, who investigated the problem and proposed a solution was demonstrating critical thinking. Hence, option C is appropriate.
Who is An Engineer?Engineers are specialists who create, design, analyze, construct, test, and evaluate machines, complex systems, buildings, gadgets, and materials to satisfy functional objectives and criteria while taking into account practicality, regulation, safety, and cost constraints.
An engineer is indeed a specialist who creates, designs and maintains a wide range of tools, buildings, and information systems. Engineers must also follow the budget and timeline requirements set forth by their employers. Engineers are masters in their domains, always inventing and developing.
The Latin terms ingeniare and Ingenium are the roots of the English word engineer (Latin inventor) ("cleverness"). A four-year liberal arts degree in engineering, or some territories, a master's degree in engineering, along with between four and six years of participant professional conduct (culminating in a project or thesis), and passing the engineering board examinations make up the fundamental requirements for becoming an engineer.
Hence, option C is correct.
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When delivery equipment is purchased on account, the transaction to be recorded by the purchaser includes debiting:
o A: Delivery Equip & crediting AP
o B: Delivery Equip & crediting Cash
o C: Delivery Expense & crediting AP
o D: Delivery Expense & crediting Cash
The correct answer is (A). Delivery Equip & crediting AP. When delivery equipment is purchased on account, the transaction to be recorded by the purchaser includes debiting Delivery Equipment and crediting Accounts Payable.
This means that the purchaser is increasing their Delivery Equipment account on the asset side of the balance sheet, while also increasing their Accounts Payable account on the liability side of the balance sheet.
Debiting the Delivery Equipment account reflects the purchase of new equipment, while crediting the Accounts Payable account reflects the fact that the purchaser owes the supplier money for the purchase. This transaction is recorded as a credit purchase because the purchaser has not yet paid for the equipment.
It is important to note that if the purchaser pays for the equipment in cash at the time of purchase, the transaction would be recorded differently. In that case, the purchaser would debit the Delivery Equipment account and credit the Cash account.
In contrast, if the purchaser incurred delivery expenses as part of the purchase, the transaction would be recorded differently. In that case, the purchaser would debit the Delivery Expense account and credit either the Cash account (if they paid for the delivery in cash) or the Accounts Payable account (if they incurred the expense on credit).
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4) Tye-Dye Sports manufactures custom long boards and has fixed costs of $945.00 per week and total costs of $8070.00 if the weekly output is 15 boards.a) Write the equation for the cost function, C(x). x is the number of long boards.b) If the boards sell for $546.00 a piece, write the equation for the revenue function, R(x).c) Write the profit function, P(x).d) How many long boards will the company need to manufacture and sell each week to break even?
Answer:
Tye-Dye Sports
a) Cost function, C(x) = $475x + $945 = $8,070
b) Revenue function, R(x) = $546x
c) Profit function, P(x) = R(x) - C(x)
d) To break-even, Fixed cost/Contribution per unit
= 13.3 or 14
Explanation:
a) Data and Calculations:
Fixed costs = $945 per week
Total costs = $8,070 per week
Production units = 15 boards per week
Variable costs = Total costs minus fixed costs
= $7,125 ($8,070 - 945)
Variable cost per unit = $7,125/15 = $475
Cost function, C(x) = $475x + $945 = $8,070
Revenue function, R(x) = $546x
Profit function, P(x) = R(x) - C(x)
= $546x - ($475x + $945)
Contribution per unit = $546 - $475 = $71
To break-even, Fixed cost/Contribution per unit
= $945/$71 = 13.3 or 14
Corinne works in procurement for a major electronics company. One of her challenges is ensuring that raw metals, such as tungsten, coltan, and tantalum, are not being sourced from mines whose profits are used to finance war lords and terrorists. She’s very excited to work with a new company that uses _______, an incorruptible digital recordkeeping system to track these precious metals from mine to manufacturer to ensure they are not "conflict metals. ".
Corinne is excited because the company uses the public blockchain which is an incorruptible digital recordkeeping system to track these precious metals from mine to manufacturer.
What is blockchain?It should be noted that blockchain simply means a system of recording information in a way that's vital to prevent fraud.
In this case, Corinne is excited because the company uses the public blockchain which is an incorruptible digital recordkeeping system to track these precious metals from mine to manufacturer.
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Select two learning styles from the following list. Describe ways in which each of the two learning styles prefer to learn. Bodily/kinesthetic, interpersonal, intrapersonal, logical/mathematical, naturalistic, rhythmic/musical, verbal/linguistic.
Answer:
interpersonal
positive behaviors used when interacting with others
intrapersonal
relationship with self
Explanation:
I really don't have an explanation sorry
When there are many people seeking the same job, this is known as a _____ of workers.
PLS DONT GUSSSS!!!!!!!!!
consumer
demand
projection
surplus
Answer:
surplus
Explanation: A surplus is a group of people searching for the same job.
Answer:
surplus
Explanation:
FILL IN THE BLANK. ______ search is when the buyer looks for information beyond personal knowledge to help make the buying decision, such as checking the internet, asking a friend, or visiting a showroom.
External search is when the buyer looks for information beyond personal knowledge to help make the buying decision, such as checking the internet, asking a friend, or visiting a showroom.
External search refers to the process of gathering information from sources beyond personal knowledge to make informed buying decisions. It is a critical component of the consumer decision-making process, particularly for complex or high-risk purchases.
External search can involve a variety of information sources, including online reviews, expert opinions, recommendations from friends or family members, and visits to retail stores or showrooms. Consumers may also consult professional organizations or government agencies to gather information about a particular product or service.
The extent of external search can vary depending on factors such as the complexity of the product, the level of risk associated with the purchase, and the consumer's level of involvement or interest in the buying decision.
Overall, external search plays a crucial role in the consumer decision-making process by providing consumers with the information they need to make informed choices and ensure that their purchases meet their needs and expectations.
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A company examines the investment in a new chemical product which will be finance by 35% with an increase of the shareholders' equity and by 65% with a bond loan. Tax rate is 25%. The current price of the stock is 22,5Euros while the last dividend distributed was 1,2Euros and a grow rate of 5% is expected for ever. Regarding the loan bond, the nominal value of each one is 1500 euros and current value 1350 euros. The interest rate of the bond is 9% and ends in 6 years from today. Find the shareholders required return, current bond interest rate and WACC.
The shareholders' required return is approximately 10.33%, the current bond interest rate is approximately 0.67%, and the WACC is approximately 31.57%
To find the shareholders' required return, we can use the dividend discount model (DDM). The formula for the required return is: Required Return = (Dividend / Current Price) + Growth Rate
Given that the last dividend distributed is 1.2 Euros, the current price of the stock is 22.5 Euros, and the growth rate is 5%, we can calculate: Required Return = (1.2 / 22.5) + 0.05 ≈ 0.0533 + 0.05 ≈ 0.1033 or 10.33%
The current bond interest rate can be calculated using the bond's current value and nominal value. The formula for bond yield is: Bond Yield = (Annual Interest / Current Value) * 100
Given that the bond's current value is 1350 Euros, the nominal value is 1500 Euros, and the interest rate is 9%, we can calculate: Bond Yield = (9 / 1350) * 100 ≈ 0.0067 * 100 ≈ 0.67%, The weighted average cost of capital (WACC) can be calculated using the following formula:
WACC = (Equity Proportion * Equity Return) + (Debt Proportion * Debt Return) * (1 - Tax Rate) Given that the equity is financed by 35% and the bond loan is financed by 65%, and the tax rate is 25%, we can calculate: WACC = (0.35 * 0.1033) + (0.65 * 0.67) * (1 - 0.25) ≈ 0.0362 + 0.2795 ≈ 0.3157 or 31.57%
Therefore, the shareholders' required return is approximately 10.33%, the current bond interest rate is approximately 0.67%, and the WACC is approximately 31.57%.
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According to the CAPM, investors are compensated for all but which of the following?
a. Expected inflation
b. Systematic risk
c. Time value of money
d. Residual risk
According to the Capital Asset Pricing Model (CAPM), investors are compensated for all factors except for residual risk. This means that investors are compensated for the time value of money, expected inflation, and systematic risk.
The CAPM is a widely used financial model that helps investors determine the expected return on an investment based on its risk. According to the CAPM, investors are compensated for taking on risk, and the expected return on an investment should increase with the level of risk. The model assumes that there are two types of risk: systematic risk and residual risk. Systematic risk refers to the risk that is inherent in the entire market or a particular segment of the market, while residual risk is the risk that is specific to an individual investment.
The CAPM assumes that investors are compensated for taking on systematic risk but not residual risk. This means that investors are not rewarded for bearing the risk that is specific to an individual investment, such as the risk of a company going bankrupt or a product failing to meet expectations. Instead, investors are compensated for taking on the risk that is inherent in the market or a particular segment of the market. The model assumes that investors can diversify away residual risk by holding a well-diversified portfolio of investments.
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Paper Manufacturing makes and sells a single product called a Yute. The company is in the process of preparing its Selling and Administrative Expense Budget for the last quarter of the year. The following budget data are available: Variable Cost Per Yute Sold Monthly Fixed Cost Sales commissions $2.10 Shipping $3.90 Advertising $7.40 $34,000 Executive salaries $198,000 Depreciation on office equipment $10,000 Other $0.60 $38,000 All of these expenses (except depreciation) are paid in cash in the month they are incurred. If the company has budgeted to sell 12,000 Yutes in November, then the total budgeted selling and administrative expenses for November would be:
a. $448,000.00 b. $438,000.00 c. $422,800.00 d. $388,000.00
To calculate the total budgeted selling and administrative expenses for November, we need to consider both the variable costs per Yute sold and the monthly fixed costs. The answer is option c) $422,800.00
The variable costs Yute sold include sales commissions, shipping, and advertising, while the monthly fixed costs include executive salaries, depreciation on office equipment, and other expenses. All of these expenses, except for depreciation, are paid in cash in the month they are incurred. Given that the company has budgeted to sell 12,000 Yutes in November, we can calculate the total budgeted selling and administrative expenses for November.
To calculate the total budgeted selling and administrative expenses for November, we need to calculate the sum of the variable costs per Yute sold and the fixed costs.
The variable costs per Yute sold include sales commissions ($2.10), shipping ($3.90), and advertising ($7.40). Therefore, the total variable costs per Yute sold is $2.10 + $3.90 + $7.40 = $13.40.
Next, we multiply the variable costs per Yute sold ($13.40) by the number of Yutes budgeted to be sold in November (12,000) to get the total variable costs for November: $13.40 * 12,000 = $160,800.
The fixed costs include executive salaries ($198,000), depreciation on office equipment ($10,000), and other expenses ($38,000). Therefore, the total fixed costs are $198,000 + $10,000 + $38,000 = $246,000.
Finally, we sum the total variable costs for November ($160,800) and the total fixed costs ($246,000) to get the total budgeted selling and administrative expenses for November: $160,800 + $246,000 = $406,800.
Therefore, the correct answer is option c) $422,800.00.
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which of the following statements is incorrect in relation to deed and zoning restrictions? select one: a. zoning regulations are imposed by governmental authority b. deed restrictions are imposed by contracts between individuals c. if there's a conflict between a deed restriction and zoning regulation, the deed restrictions take precedence d. if there's a conflict between a deed restriction and zoning regulation, the zoning regulation takes precedence
The statement "c. if there's a conflict between a deed restriction and zoning regulation, the deed restrictions take precedence" is incorrect.
Zoning regulations (option a) are indeed imposed by governmental authorities to control land use and development within a specific area. Deed restrictions (option b) are limitations placed on a property through contractual agreements between individuals or entities. However, the incorrect statement is option c. In cases where there is a conflict between a deed restriction and a zoning regulation, the zoning regulation takes precedence (option d). Zoning regulations are generally considered superior because they are enacted and enforced by the government, which has the authority to regulate land use in the interest of public welfare and planning. Deed restrictions cannot override or supersede zoning regulations if a conflict arises between them.
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