Lassen Corporation has incurred a loss of $32000 from this transaction
The gain or loss on the sale of the asset depends on whether the sale price of the asset is lower or higher than the book value on the date of sale. The book value on the date of sale is computed by deducting depreciation of the asset from the purchase price. So, it's simple if the on-sale date book value is lower than the sale price it is a gain and if the book value is higher it is a loss.
Gain/Loss = Sale price - Book value on the date of sale
here,
Sale price = $26,000
Book value on date of sale = Purchase cost - Depreciation => $70,000 - $18000 = $58000
So,
Gain/Loss = $26000 - $58000 = $32000
As, the sale price is lower Lassen Corporation have a loss of $32000 from this transaction.
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Nikki sent flyers in the mail to all houses within the city limits promoting her
computer repair services. What type of promotion is this an example of?
OA. Public relations
OB. Indirect marketing
OC. Merchandising
OD. Direct marketing
SUBMIT
Answer:
The type of promotion that Nikki's action represents is Direct Marketing.Direct marketing refers to a promotional method in which a business directly reaches out to its potential or existing customers through various channels such as mail, email, SMS, telemarketing, etc., to offer products or services. In this case, Nikki sent flyers through the mail to all the houses within the city limits, which is an example of direct marketing.
two rivers that helped China develop
primero el rio Amarillo (Huang He) en el norte, y más tarde el Yangtze en el sur.
what is the income flow associated with labour?
Answer:
Explanation:
Factor income is the flow of income that is derived from the factors of production ,the general inputs required to produce goods and services. Factor income on the use of land is called rent, income generated from labor is called wages, and income generated from capital is called profit.
Why doesn't the Lorax do anything to stop the Once-ler (hint: he's a symbol)? What does this tell us
about the future of business decisions?
Answer:
The Lorax is a symbol of environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. This tells us that if we do not take steps to balance economic growth and environmental sustainability, it could lead to long-term negative consequences for the environment and future business decisions.
Explanation:
The Lorax is a children's book by Dr. Seuss that explores the environmental impact of economic growth and consumerism. In the story, the Once-ler begins cutting down Truffula trees to make a product called Thneeds, despite the warnings of the Lorax, who speaks for the trees and the animals that depend on them.
The Lorax represents environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. The Once-ler's actions are driven by his desire for profit, and he continues to cut down trees despite the negative impact it has on the environment. The Lorax, as a symbol of environmental awareness, is unable to stop the Once-ler from destroying the ecosystem, which ultimately leads to the disappearance of the Truffula trees and the animals that depend on them.
This lack of balance between economic growth and environmental sustainability is a lesson that has implications for future business decisions. If businesses prioritize profit over environmental sustainability, it could lead to long-term negative consequences for the environment, which could ultimately harm the economic viability of those businesses. It is important for businesses to consider the environmental impact of their decisions and take steps to balance economic growth and sustainability for the long-term health of the environment and economy.
what is the best way for a certifying officer to prevent pecuniary liability?
By only certifying travel documents that are legal, proper, and correct.
Your friends' credit scores are 560, 675, 710, 590, and 640. Your credit score is 680. What is the difference between the average credit score of your friends and your credit score?
Answer:
mine is higher by 45 points
Explanation:
Average score is the total score divided by number of entries
Average credit score = 560 + 675 + 710 + 590 +640 / 5
=3175/5
=635
friends average credit score = 635
My credit score =680.
the difference = 680-635=45 credit points
my credit score is better by 45 points
There is absolutely no good reason to not conduct market research.
True
False
Answer:
false? i think
Explanation:
There is absolutely no good reason to not conduct market research. This statement is false.
What is market (in economics)?Market is a means by which the exchange of goods and services takes place as a result of buyers and sellers being in contact with one another, either directly or through indirectly agents or institutions. Markets in the most literal and immediate sense are places in which things are bought and sold. In the modern industrial system, however, the market is not a place it has expanded to include the whole geographical area in which sellers compete with each other for customers.
Types of markets(1) perfect competition, (2) pure monopoly, (3) monopolistic competition, and (4) oligopoly.
Perfect competition market- In a perfectly competitive market, firms sell their products at prices determined solely by forces beyond their control. Because the products are very similar and each firm contributes only a small amount to the total quantity supplied by the industry, price is determined by supply and demand. A monopolistic market is a theoretical condition that describes a market where only one company may offer products and services to the public. A monopolistic market is the opposite of a perfectly competitive market, in which an infinite number of firms operate. Oligopoly market arises when a small number of large firms have all or most of the sales in an industry. Examples of oligopoly abound and include the auto industry, cable television, and commercial air travel.
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in year 1, manufacturing costs as a percentage of sales are assumed to have a pert distribution with a minimum value of 65 percent, a maximum value of 90 percent, and a most likely value of 80 percent. thereafter it is assumed that manufacturing cost will be the same percentage of sales as year 1. fixed cash cost (rent) is expected to be $100,000 in the first year. however, the fixed cash cost is expected to grow at the expected inflation rate at 4 percent a year
The expected fixed cash cost (rent) in Year 1 is $100,000. This amount is expected to grow at a rate of 4% per year due to inflation. Thus, the fixed cash cost (rent) in Year 2 is expected to be $104,000. This trend is expected to continue in subsequent years.
The fixed cash cost for the second year can be calculated as follows:
Fixed Cash Cost for Second Year = $100,000 x (1+ 4%) = $104,000.
In economics, inflation refers to a well-known growth in the expenses of goods and services in an economic system. whilst the general fee stage rises, every unit of forex buys fewer goods and offerings; consequently, inflation corresponds to a reduction in the purchasing energy of cash. the alternative to inflation is deflation, a sustained lower in the widespread rate level of goods and offerings. The common degree of inflation is the inflation fee, the annualized percent change in a popular charge index. As expenses no longer grow at an equal charge, the client price index (CPI) is frequently used for this reason. The employment cost index is also used for wages in the USA.
Most economists agree that high stages of inflation in addition to hyperinflation—that have severely disruptive consequences on the real financial system—are a result of chronic excessive growth within the cash supply. Views on low to slight charges of inflation are extra numerous. Low or moderate inflation can be attributed to fluctuations in actual calls for items and offerings, or adjustments in to-be-had supplies which include all-through scarcities.
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if their was a 3 percent rate of.inflation in each of the past 3 years products that cost 500 dollers 3 years ago would now cost approximately
The amount you plan to spend on Each promotional strategy
Answer:
Brand image goals
political risk is more associated with a) emerging economies, but could occur even in highly developed ones. b) developed economies but could occur even in emerging economies. c) developed economies and not with emerging economies. d) emerging economies and can never occur in highly developed ones.
Political risk is more associated with a) emerging economies, but could occur even in highly developed ones. Political risk refers to the potential negative impact that political decisions and actions can have on businesses, investments, and the overall economic stability of a country.
While emerging economies often face higher levels of political risk due to factors such as political instability, weak institutions, and policy uncertainty, political risk can also exist in highly developed economies.
In developed economies, political risk may arise from factors such as changes in government policies, regulations, or taxation that can affect businesses and investments. For example, a sudden change in regulations related to environmental standards or labor laws can have significant implications for businesses operating in highly developed economies.
On the other hand, emerging economies often face more pronounced political risks, including political instability, corruption, and weak governance. These risks can result in policy unpredictability, expropriation of assets, currency devaluation, or social unrest, which can have a substantial impact on businesses and investments.
Therefore, the correct answer is a) emerging economies, but political risk can also occur in highly developed ones. It is important for businesses and investors to carefully assess and manage political risk in order to make informed decisions and mitigate potential negative impacts.
In summary, political risk can exist in both emerging and highly developed economies, although the level and nature of these risks may vary. Understanding and effectively managing political risk is crucial for businesses and investors operating in these environments.
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What two words are often associated with centrally planned economies?
Answer:
two words are socialism and communism
What are the three major types of equity accounts?
The three major types of equity accounts are investments, _________
and retained earnings.
The three major types of equity accounts are:
Common Stock: Common stock is a type of equity that represents ownership in a company. When a company issues common stock, it is essentially selling ownership shares in the company to investors. Common stockholders have voting rights and may receive dividends, which are a portion of the company's profits distributed to shareholders.
Retained Earnings: Retained earnings are the portion of a company's profits that are not distributed to shareholders as dividends but are instead retained by the company for reinvestment in the business. Retained earnings are reported as a component of shareholders' equity on the balance sheet.
Preferred Stock: Preferred stock is a type of equity that gives shareholders preferential treatment over common stockholders. Preferred stockholders typically receive a fixed dividend, which is paid out before common stock dividends, and they may have other rights such as priority in the event of liquidation. Preferred stock is often seen as a hybrid security because it has features of both equity and debt.
Note that the classification and naming of equity accounts may vary depending on the accounting standards used and the nature of the business.
An information system performing automated credit checks on customers shows how an information system improves the quality of a process by ________.
An information system performing automated credit checks on customers shows how an information system improves the quality of a process by reducing errors, increasing efficiency, and improving accuracy.
What is the automated ?Automation is the use of technology to perform tasks that traditionally required human labor, such as data processing, calculations and other repetitive tasks. Automation is a key component of the modern business world, allowing organizations to save time and money while increasing productivity and efficiency. Automation also provides organizations with access to powerful tools and technologies that can be used to improve processes, increase accuracy and reduce errors. Automation is widely used in many industries, including manufacturing, healthcare, finance and logistics.
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hank, a calendar-year taxpayer, uses the cash method of accounting for his sole proprietorship. in late december, he performed $20,000 of legal services for a client. hank typically requires his clients to pay his bills immediately upon receipt. assume his marginal tax rate is 32 percent this year and will be 35 percent next year, and that he can earn an after-tax rate of return of 12 percent on his investments. use exhibit 3.1. required: what is the after-tax income if hank sends his client the bill in december? what is the after-tax income if hank sends his client the bill in january? should hank send his client the bill in december or january? what is the after-tax income if hank expects his marginal tax rate to be 24 percent next year and sends his client the bill in january? note: round your answer to the nearest whole dollar amount. should hank send his client the bill in december or january if he expects his marginal tax rate to be 32 percent this year and 24 percent next year?
The after-tax income if hank sends his client the bill in December is 14000 which is 20000-6000=14000.
The after-tax income if hank sends his client the bill in January is 14106 which is 20000-5894=14106.
What is the income post-tax?
Your disposable income is your after-tax income, which is the net amount that is left over after paying all applicable federal, state, and withholding taxes. A company's net profitability is determined by its earnings after taxes (EAT). It is computed by taking the revenues the company has generated and deducting all costs and income taxes. Revenue less costs, interest, and taxes equals net income. A person's income after taxes and deductions is referred to as their net income.
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explain five characteristics of economic resources
Answer:
Scarcity; they are found in small quantities compared to the many uses into which they have to be put and hence not sufficient to satisfy all human wants
Explanation:
I dont know the rest, lmk if im wrong
Trisha is a single, 35-year-old professional who bought shares for $3,000 in a start-up company. She did that because
she knows the potential benefits and can tolerate the potential disadvantages of that investment
she knows moderate investing guarantees higher returns in the short-term
she knows new companies have government protections against losses
she wants to choose a less risky option at her current situation
Answer:
she knows the potential benefits and can tolerate the potential disadvantages of that investment
Explanation:
Generally buying stocks in a start-up is extremely risky, but can also be extremely profitable. Since Trisha is young and should be earning a medium to high salary, she can afford losing her investment. The risk is huge, but some can tolerate that risk, e.g. imagine a person who bought $3,000 of Amazon's stock 20 years ago is probably made more than a million by now.
the table to the right gives the per unit cost data for shirt manufacturer in a competitive industry. if the market price is $4.95
The profit made from transactions is mathematically given as
Pr=$238.70
What is the profit made from transactions?Generally, the equation for Profit is mathematically given as
Pr= (P-ATC)* Q
Therefore
Pr=(9.97-6.87) * 77
Pr=$238.70
In conclusion, The profit made from transactions are
Pr=$238.70
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the laws, regulations, institutions, and corporate practices that protect investors are known as
The laws, regulations, institutions, and corporate practices that protect investors are known as Securities Exchange Act of 1934.
Thus, The Securities and Exchange Commission (SEC) is a federal watchdog organization in the United States tasked with policing the securities industry and safeguarding investors.
Due in significant part to the 1929 stock market crisis that precipitated the Great Depression, the Securities and Exchange Act of 1934 and the U.S. Securities Act of 1933 were passed, creating the SEC.
The SEC collaborates with the Justice Department on criminal matters and has the authority to pursue civil lawsuits against violators of the law.
Thus, The laws, regulations, institutions, and corporate practices that protect investors are known as Securities Exchange Act of 1934.
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You are the head of sales training for a major financial services firm in New York City. You are conducting a sales training class for a group of new trainees. You are a strong believer in using a structured approach to personal selling. Based on this information, which of the following personal selling process steps are you going to tell the trainees to perform first?
a. Develop a database of potential customers.
b. Develop an engaging sales presentation.
c. Practice closing the sale.
d. Develop a prospect follow-up checklist.
e. Analyze information about potential customers' needs.
Answer:
a. Develop a database of potential customers.
Explanation:
Analyzing the scenario of the question above, it can be understood that, a sales training manager who believes in a structured approach to personal sales as the best option, the ideal would be to tell trainees to perform the stages of the personal sales process first. will tell trainees to first develop a database of potential customers.
Because the first step in the personal selling process is prospecting for customers, so a database of potential customers will be the most structured process for prospecting potential customers and then reach the other stages of the sales process in an organized and effective way.
RWJ 6-3 Josephine is studying for FRL 3000 Exam, help her decide which compounding period produces the highest present value given a stated annual interest rate and a future value?
Group of answer choices
a.Monthly
b.Annual
c.Semi-annual
d.Weekly
If josephine wants to maximize the present value, she should choose a compounding period of "daily" if it is available.
the compounding period that produces the highest present value given a stated annual interest rate and a future value is "daily".
the more frequently compounding occurs, the higher the present value will be. in this case, the given s are monthly, annual, semi-annual, and weekly. however, none of these s represent compounding on a daily basis.
compounding daily would result in the highest present value compared to the given s. daily compounding allows for the interest to be calculated and added to the account balance more frequently, resulting in a higher accumulation of interest over time.
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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
adonis corporation issued 10-year, 9% bonds with a par value of $180,000. interest is paid semiannually. the market rate on the issue date was 8%. adonis received $192,233 in cash proceeds. which of the following statements is true? multiple choice adonis must pay $180,000 at maturity plus 20 interest payments of $7,200 each. adonis must pay $192,233 at maturity and no interest payments. adonis must pay $192,233 at maturity plus 20 interest payments of $8,100 each. adonis must pay $180,000 at maturity plus 20 interest payments of $8,100 each. adonis must pay $180,000 at maturity and no interest payments.
The market rate of interest is irrelevant for payment to the bondholder so interest is paid as contracted. Adonis must pay $180,000 at maturity plus 20 interest payments of $ 8100 each. So the option d is correct.
In relation to the amount lent, deposited, or borrowed, the amount of interest due each period is expressed as an interest rate (called the principal sum). The total level of interest on a borrowed or loaned sum is defined by the principal amount, the rate of interest, the frequency of compounding, and the period of time during which it is lent, saved, or borrowed.
A rates for a year is called a yearly interest rate. However, they are typically annualized. Other rates of interest apply over shorter periods of time such a day or a month.
At the time of maturity, it is not mentioned that redemption will be at premium, so redemption will be at par value i.e $180,000. and the interest rate would be 9%( the bond rate) as bound to pay to the bondholder.
The market rate of interest is irrelevant for payment to the bondholder so interest is paid as contracted.
So, Adonis must pay $180,000 at maturity plus 20 interest payments of $ 8100 each.
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The Wagner Act enlisted efforts to break up unions in favor of employers T/F.
The Wagner Act enlisted efforts to break up unions in favor of employers. The given statement is False.
What were the key pillars of the Wagner Act?Key mechanisms in this method included: (1) a certification procedure through which a trade union could obtain the right to represent workers in collective bargaining; (2) the control of strike activity; and (3) tools for resolving conflicts over the interpretation or application of union contracts without resort to litigation.
On July 5, 1935, President Franklin D. Roosevelt signed the Wagner Act into law. It founded the National Labor Relations Board and addressed the relationship between unions and private-sector employers.
Thus, the mentioned above-given statement is False.
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During her day, tiara often works on about eight different cars fixing any problems and making suggestions to customers about how to keep their cars in working condition. she manipulates numbers throughout the day to get her customers the best price possible. based on her tasks, which most likely is her career? manufacturing production process development maintenance, installation, and repair logistics and inventory control health, safety, and environmental assurance
Her duties suggest that she might work in the fields of installation and repair.
Tiara fixes roughly eight cars a day and gives customers advice on how to keep their vehicles running well. She spends her day juggling numbers in order to offer her clients the lowest feasible rates. considering her responsibilities.
Jobs that include routine inspections and adjustments of machinery and other equipment are included in the broad category of "maintenance, installation, and repair." Troubleshooting and fixing mechanical, electrical, electronic, and computer systems are all part of this category.
Regular upkeep workers repair machines, mechanical equipment, and buildings. They paint, repair flooring, and fix plumbing, electrical, and HVAC systems.
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The right way of asking the question is:
During her day, Tiara often works on about eight different cars fixing any problems and making suggestions to customers about how to keep their cars in working condition. She manipulates numbers throughout the day to get her customers the best price possible. Based on her tasks, which most likely is her career?
Manufacturing Production Process DevelopmentMaintenance, Installation, and RepairLogistics and Inventory ControlHealth, Safety, and Environmental AssuranceAnswer: maintenance, installation, and repair.
Explanation:
:)
A surface, such as a prep table, that touches food or from which food could drip or drain onto surfaces that touch food is
called a "food-splash surface."
True
False
Answer:
False
Explanation:
Food contact surface is what it is called
In trading account freight belongs to which side debit or credit?
Answer:
Explanation:
In trading account, freight belongs to the debit side. It is a direct expenses on purchases and manufacturing operation
Freight is the cost incurred in transporting an item to its final destination when the terms are FOB shipping point. It is treated as part of the cost of merchandise and recorded in the inventory if the merchandise has not been sold.
Increase in the cost of freight are recorded on the debit side while decrease are recorded on the credit side.
________ conservation involves the sampling, transferring, and storage of a species in a place other than the original location in which it was found, such asa zoo or seed bank.
With 9,063 liters of water required to produce an average kilo, nuts challenge meat as the most water-hungry food type.Fruits and vegetables fall further down the food chain, requiring 962 and 322 liters per kilogram, respectively.
Why is water not considered an "economic good" in the usual sense?
When it comes to water, the law of supply and demand does not apply because you cannot choose which company supplies your home with water.More than just market mechanisms are used to determine the final price of water.
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7. you are the cio at an insurance firm and a manager has proposed implementing an expensive new project management software that would help increase the efficiency of the it staff. the idea of improved efficiency sounds good, but is there any way you can evaluate her decision before purchasing the software? be specific.
Yes, you are allowed to ask the manager to outline her decision-making process and assess the decision in light of the actions she took.
The promise of increased productivity is appealing, but is there a method to assess her choice before investing in the software? Be precise.Yes, you are permitted to request that the manager outline the procedures she took in reaching her decision and to assess the conclusion in light of those steps. How, for instance, did she see the necessity to address the issue of efficiency? Is this the most important issue? What different approaches to the issue was she considering, and what standards did she use to judge them? Additionally, you can assess the manager's choice in light of the following decision-making criteria:
Accuracy: Does the decision reflect reality? Comprehensiveness: Does the decision reflect a full consideration of the facts and circumstances? Fairness: Does the decision faithfully reflect the concerns and interests of affected parties? Speed: Is the decision-making process efficient with regard to time and other resources? Coherence: Does the choice show a thought-out, explicable process that others can understand?Due process: Is the decision made in accordance with the law?Learn more about decision-making criteria: https://brainly.com/question/1980425
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You are interested in buying a 2-bedroom condo in New York. The price is $300,000. You have a 30-year 3% APR mortgage with 20% down payment.
You rent the apartment out for $2,000/month. The operating expense is $200. Assume the house value will increase by 30% after 30 years. Calculate the expected annual return of your investment. (Hint: compute IRR for the investment)
Therefore, the expected annual return of your investment is 1.5, or 150%.
To calculate the expected annual return of your investment, we'll need to consider several factors.
Let's break it down step by step:
1. Down Payment: You mentioned a 20% down payment, which amounts to $60,000 ($300,000 x 20%). This reduces your loan amount to $240,000 ($300,000 - $60,000).
2. Mortgage: With a 30-year mortgage at a 3% Annual Percentage Rate (APR), we can use a mortgage calculator to determine your monthly payment.
Plugging in the values, we find your monthly payment to be approximately $1,011.
3. Rental Income: Renting the condo out for $2,000 per month gives you a monthly income of $2,000.
4. Operating Expense: Subtracting the operating expense of $200, we're left with a monthly net income of $1,800 ($2,000 - $200).
5. Annual Net Income: To calculate the annual net income, we multiply the monthly net income by 12. In this case, $1,800 x 12 = $21,600.
6. Property Appreciation: Assuming the condo's value will increase by 30% after 30 years, we can calculate the final property value as $300,000 + ($300,000 x 30%) = $390,000.
7. Expected Return: To calculate the expected annual return, we need to consider both the rental income and the property appreciation.
The formula for Internal Rate of Return (IRR) considers the cash flows over the investment period.
However, in this case, we only have one cash flow at the end of 30 years.
Therefore, we can approximate the expected return as the increase in property value divided by the initial investment: ($390,000 - $300,000) / $60,000 = 1.5.
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