the main reason that reits exist is to: ch21 a. create a tax loophole for wealthy investors b. allow shopping center owners to sell their properties in a down market c. make life complicated d. encourage capital formation within the real estate industry e. allow stock promoters to sell a real estate product with high commissions
Answers
The goal of a REIT, or real estate investment trust, is to direct money into the real estate market for the benefit of investors and capital growth.
Why do you use the word "shopping"?A client interacts in shop when they examine the products or services offered by one or more merchants with the possibility to buy a satisfactory selection of them.
Is buying things a life skill?Students often part in shopping for food activities in capacity building classes. A vital life skill to impart is the ability to shop. And the grocery store is where most folks do their main shopping.
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Related Questions
At the beginning of the year, mitchum enterprises allows for estimated uncollectible accounts of $15,000. by the end of the year, actual bad debts total $17,000. Record the write-off to uncollectible accounts.
Answers
Record the write-off to uncollectible account as Allowance for uncollectible accounts 17,000Accounts receivable 17,000. Following the write-off, the balance of Allowance for Uncollectible Accounts is $2,000
At the beginning of the year, Mitchum enterprises allows for estimated uncollectible accounts of $15,000. By the end of the year, actual bad debts total $17,000.
The journal entry for Mitchum Enterprises
Allowance for uncollectible accounts 17,000
Accounts receivable 17,000
The balance of Allowance for Uncollectible Accounts would be
= Beginning balance of estimated uncollectible accounts - written off balance
= $15,000 - $17,000
= $2,000 debit
So, the balance of Allowance for Uncollectible Accounts is $2,000 debit
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The complete question is:
At the beginning of the year, Mitchum Enterprises allows for estimated uncollectible accounts of $15,000. By the end of the year, actual bad debts total $17,000. Record the writeoff to uncollectible accounts. Following the write-off, what is the balance of Allowance for Uncollectible Accounts?
Francois deposits $350.00 in a savings account. The account pays an annual interest rate of 4.3%. He makes no other deposits or withdrawals. After 3 months, the interest is calculated. How much simple interest did his money earn?
Answers
Answer:
$3.7625
Explanation:
Simple interest is calculated as
Interest = P x r x t
Where
p = principal amount.. $350
r= interest rate: 4.3% or 0.043
t= time in years: 3 months or 3/12 =0.25 years
Interest = $350 x 0.043 x 0.25
=$3.7625
As you have seen, there are advantages and disadvantages of using credit. Chapter 10 in your online textbook takes this understanding a bit further and outlines what a person should do should they find themselves in financial trouble. Review Chapter 10. Reflect on types of financial problems and ways to correct them.
After the successful completion of this assignment, you will be able to say:
I can create a plan for solving credit problems.
You are allowed only two completed attempts for this lesson. This activity will count for 10% of your grade in this unit.
Instructions
Describe two ways in which someone could solve their financial issues. Make sure to use your resources to support your answer.
Submission
Please submit your answers into the text box.
Answers
Two ways with which someone could solve their financial issues include:
Create a budget and stick to itSeek professional financial adviceHow can we solve financial issues ?One effective way to solve financial issues is to create a budget that tracks income and expenses and allows for careful planning and management of money. A budget can help identify areas of overspending or wastage, and allow for adjustments to be made to improve financial stability.
Another way to solve financial issues is to seek the advice and guidance of a professional financial advisor or counselor. A financial advisor can provide expert advice on a wide range of financial issues, such as managing debt, investing, retirement planning, and estate planning.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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When referring to factors of production,
which of the following is an example of land?
Answers
Answer:
The first factor of production is land, but this includes any natural resource used to produce goods and services. This includes not just land, but anything that comes from the land. Some common land or natural resources are water, oil, copper, natural gas, coal, and forests.
f it is critical that your staff buy into the strategy the team will use in selling the company’s services t
Answers
Yes, It is critical that your staff buy into the strategy the team will use in selling the company's services.
Is it critical that your staff buy into the strategy?Yes, It is critical that your staff buy into the strategy the team will use in selling the company's services because:
Alignment with goals: When staff understand and support the strategy, they are more likely to work towards achieving the company's objectives.
Increased motivation:
Staff will feel more motivated and engaged when they see the value in the company's services and the strategy being used to sell them.
Effective communication: Staff who are on board with the strategy can better communicate its benefits to potential clients, improving sales success.
Enhanced teamwork: When all team members are committed to the same strategy, collaboration and teamwork will be more effective.
Adaptability: Staff who are familiar with and support the strategy will be better equipped to adapt to any changes or challenges that may arise.
To achieve staff buy-in, it's essential to communicate the strategy clearly, provide training and support, and involve team members in the decision-making process where appropriate. This will help ensure your company's services are successfully marketed and sold.
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Which of the following is an example of earning interest?
A. None of these
B. Kylie has to pay an additional 10% towards her credit debt each month
C. Bill receives an automatic deposit in his checking account from his employer
D. Jenna puts $100 in a savings account in 2016 and sees a 3% increase to her account without depositing additional money
Answers
Jenna puts $100 in a savings account in 2016 and sees a 3% increase in her account without depositing additional money is an example of earning interest.
The interest rate that investment is earning for you is known as earned interest. For instance, if you invest $1,000 in an investment that yields 10% annually, your interest earnings for that year will be 10%, or $100.
A sum that a business receives from interest-bearing bank accounts or other investments. In the accounting period in which the interest is earned, the sum should be recorded as Interest Revenues, Interest Income, or Investment Revenues.
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the u.s. government's lack of regulation alone caused the banking crisis and collapse of banks that had been in business for several decades. group of answer choices true false
Answers
The statement "the U.S. government's lack of regulation alone caused the banking crisis and collapse of banks that had been in business for several decades" is false because while the lack of regulation may have contributed to the banking crisis, it was not the sole cause.
Factors such as risky lending practices, housing market speculation, and inadequate risk management also played significant roles in the collapse of banks.
There were other contributing factors such as the housing market bubble, high-risk lending practices, and global economic factors. It is important to consider the complex interplay of these factors in understanding the causes of the banking crisis.
The 2008 banking crisis and collapse of banks were the result of a combination of factors, including both regulatory and non-regulatory elements. While some argue that insufficient regulation or ineffective regulation played a role in allowing risky financial practices to go unchecked, it is an oversimplification to attribute the entire crisis solely to a lack of government regulation.
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Which Diagram best illustrates the effects of economic growth on a business?
Answers
Answer: Economic growth increases Productivity increases
Explanation: I like nachos
Pick the example that best defines arrogance.
Jason, Denise, Danny, and Rob are new recruits in a company. They are each assigned to a team, though their managers observe certain undesirable qualities that each of them have. Jason is a bad listener and does not pay attention during meetings. Denise does not share new information with the rest of the team. She does not work well within the team. Danny manipulates his productivity sheets to make him look competent. He got caught on a few occasions trying to leave work early and clocking in full-time. Rob thinks he is always correct and shows an amplified sense of confidence.
Answers
The best example of arrogance is Rob, who thinks he is always correct and shows an amplified sense of confidence. His behavior demonstrates a lack of humility and an unwillingness to learn from those around him.
What is confidence?Confidence is a feeling of self-assurance and certainty about one's abilities, qualities, and judgement. It is the belief that one is capable of achieving success and handling difficult situations. It is a positive attitude that can be developed with practice and by believing in oneself. Confidence is also about being comfortable in one's own skin, trusting one's decisions and opinions, and feeling secure in one's own abilities and strengths. Having confidence can help individuals take risks and take on challenges, as well as help them receive feedback and criticism in a constructive manner. Confidence can help individuals overcome fear, build relationships, and take on leadership roles. Developing confidence requires self-awareness and self-love, which can be achieved by setting goals, developing a growth mindset, and practicing self-care. Confidence is an important factor in achieving success, and is a skill that can be nurtured and developed with practice.
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Which type of ma plan is an hmo plan that also covers some benefits out-of-network, generally at a higher cost?.
Answers
The type of ma plan is an hmo plan that also covers some benefits out-of-network, generally at a higher cost is: Private Fee-for-Service (PFFS), Medicare Supplement Insurance Plan.
What is medicare advantage plan?Medicare advantage plan can be defined as a health insurance coverage plan that help to cover the medical costs of people under the plan.
The type of Medicare advantage plan that also covers some benefits out-of-network are:
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Costco Wholesale Corporation is an American multinational corporation which operates a chain of membership-only retail stores. You are an accountant and during your examination of the financial statements of Costco for the year ended December 31, Year 1, you discover net income in Year 1 is $25,000 but no adjusting entries have been prepared. Now you have to prepare the adjusting entries for Costco, and before you do so you discover the following items: a. An insurance policy covering three years was purchased by Costco on January 1, Year 1, for $2,100. The entire amount was debited to insurance expense. b. During Year 1, Costco Wholesale received a $500 cash advance from a customer for services to be provided in Year 2. The $500 was credited to sales revenue. c. All Costco's purchases of supplies were debited immediately to supplies expense. However, you discover that supplies costing $400 were on hand on December 31. d. Costco also borrowed $10,000 from a local bank on October 1, Year 1. Principal and interest at 12% will be paid on September 30, Year 2. No accrual was recorded for interest.
Answers
The financial statements for Costco Wholesale Corporation, adjusting entries need to be prepared. These include recognizing prepaid insurance for two years ($1,400) and adjusting insurance expense accordingly, deferring the $500 cash advance as unearned revenue.
Adjusting entries are necessary to ensure that financial statements accurately reflect the financial position and performance of a company. In this case, several errors and omissions were identified. First, the insurance policy purchased for three years needs to be recognized as a prepaid expense. Since one year has already elapsed, the adjustment involves reducing insurance expense by $700 ($2,100/3) and recognizing a prepaid insurance asset of $1,400 ($2,100 - $700).
Next, the $500 cash advance received for services to be provided in Year 2 should be recorded as unearned revenue, as it represents an obligation to provide future services. This adjustment reduces sales revenue by $500 and establishes a liability for unearned revenue.
The supplies costing $400 on hand at the end of the year were initially expensed, but they should be recognized as an asset. This adjustment reduces supplies expense by $400 and recognizes a supplies asset of the same amount.
Lastly, interest expense needs to be accrued for the loan from the bank. The $10,000 loan at a 12% interest rate for one year results in $1,200 of accrued interest expense.
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Consumer education increases the likelihood of a product purchase true or false
Answers
A bond has a par value of $1,000, a market price of $300, and a 9% coupon rate. It will mature in 5 years. What is the current yield of the bond?.
Answers
The current yield of the bond= is 0.3538 or 35.38%.
What is the yield of a bond?The annualized interest rate that discounts the coupon and face value payouts of a bond to its market price is known as the yield to maturity (YTM) of that bond. It is, in other words, the interest rate that the bond's holder receives.
The current yield of the bond:
Annual coupon (C) = Par value x Coupon rate
= $1,000 x 9%
= $90
Current yield = Coupon / Current price
= $90 / $300
= 0.30 or 30%
Yield to maturity
= C + [(F – P) / n] / [ (F + P) /2
C = Annual coupon = $90
F = Par Value = $1,000
P = Current price = $300
n = Years left to maturity = 5
So, YTM
= $90 + [($1,000 - $300) / 5] / [($1,000 + $300) / 2]
= $90 +$140 / $650
= 0.3538 or 35.38%
The current yield of the bond= is 0.3538 or 35.38%.
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Four year universities are the only type of school worth attending. True False
Answers
Answer:
false
Explanation:
Answer:
false
Explanation:
there are a number of other reliable schooling options
You have been invited to give a speech at a local restaurant. The person who is hosting the event has asked you to speak for 15 minutes on a topic of your choice. Walk though the process of deciding what to talk about and discuss the reasons and methods you would use to make an effective choice.
Answers
Give me some hint please
Answer:
talk about the recipes
Explanation:
How to address an envelope to a person at a company.
Answers
Answer:
the first line should be the company's name. In the next line, follow "ATTN:" or "c/o" with the individual's name.
Explanation:
f the letter is not to someone at a specific business, the first line should simply be their name.
A company originally issued 13,000 shares of $6 par value common stock at $12 per share. The board of directors declares a12% stock dividend when the market price of the stock is $22 a share. Which of the following is included in the entry to record the declaration of a stock dividend?
A. Stock Dividends is credited for $34,320.
B. Stock Dividends is debited for $34,320.
C. Paid-In Capital in Excess of Parlong dash—Common is credited for $18,720.
D. Stock Dividends is debited for $18,720
Answers
Answer:
no option is correct
Explanation:
stocks to be distributed = 13,000 x 12% = 1,560
1,560 stocks x $22 = $34,320
1,560 x $6 = $9,3601,560 x ($22 - $6) = $24,960the journal entry to record the declaration of a small stock dividend (less than 20% of outstanding stocks) should be:
Dr Retained earnings (1,560 x $22) 34,320
Cr Common stock dividend distributable (1,560 x $6) 9,360
Cr Additional paid in capital 24,960
Match the marketing objectives with the appropriate stage of the product life cycle. Group of answer choices Create product awareness and trial [ Choose ] Maximize market share [ Choose ] Maximize profit while defending market share [ Choose ] Reduce expenditure and milk the brand [ Choose ]
Answers
The product life cycle is highly effective as its helps to make decision on pricing and promotional activities.
What is the Product life cycle?The Product life cycle refers to a cycle that shows the entry, growth and decline of the product into a particular market
The marketing objective of the Intro Stage is to create product engagement and trialThe marketing objective of the Growth stage is to maximize market share.The marketing objective of the Maturity stage is to maximize profit while defending market share.The marketing objective of the Decline stage is to reduce expenditure and milk the brand.In conclusion, the product life cycle is highly effective as its helps to make decision on pricing and promotional activities.
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Delectable, Inc.'s unadjusted trial balance includes Accounts Receivable of $10,000; Allowance for Doubtful Accounts of $50 credit balance; and credit sales of $100,000. Based on an aging of its receivable, management estimates that $1,000 of receivables will be uncollectible. Delectable's financial statements will show ______. (Select all that apply.)
Answers
Answer:
Allowance for Doubtful Accounts of $1000 credit balance and Bad Debt Expense of $950 ($1000- 50 (unadjusted))
Explanation:
Delectable, Inc.'s unadjusted trial balance contains $10,000 in accounts receivable, $50 in allowance for doubtful accounts, and $100,000 in credit sales. Management predicts that $1,000 of receivables will be uncollectible due to aging. The financial statements for Delectable will indicate
Allowance for Doubtful Accounts of $1000 Bad Debt Expense of $950 Thus, option (b) and (e) is correct. What is Management?The term “management” refers to the act of managing. The management of the business activities. Management is the basis of art, science, and the profession. Management are they manage the organization. Management are based of the different functions are the step by step.
According to the management credit balance of $1000 and the Allowance for Doubtful Accounts of (1000-50)
Journal Entry Debit Credit
Bad Debts expenses 950
Allowance for Doubtful Accounts 950
Therefore, option (b) and (e) is correct.
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A small consulting firm has an overhead rate of 200% of direct labor charged to each job. The materi- als cost (including travel and other direct costs) for a particular job is $10,000, and the direct labor is $20,000. What is the total job cost for this job? 4-19 Nieto Machine Shop budgeted 4,000 labor hours and 8,000 machine hours used in May. Total bud- geted overhead for May is $80,000. What is the overhead rate using labor hours and also using machine hours? Which would you pick and why?
Answers
1. Total job cost for the specific job:
- Direct labor cost: $20,000
- Overhead rate: 200% of direct labor cost
Overhead cost = 200% * $20,000 = $40,000
- Materials cost: $10,000
- Total job cost = Direct labor cost + Overhead cost + Materials cost
= $20,000 + $40,000 + $10,000
= $70,000
2. Overhead rate using labor hours and machine hours:
- Budgeted labor hours: 4,000
- Budgeted machine hours: 8,000
- Total budgeted overhead: $80,000
Overhead rate using labor hours:
Overhead rate = Total budgeted overhead / Budgeted labor hours
= $80,000 / 4,000
= $20 per labor hour
Overhead rate using machine hours:
Overhead rate = Total budgeted overhead / Budgeted machine hours
= $80,000 / 8,000
= $10 per machine hour
3. Choice of overhead rate:
The choice of overhead rate depends on the nature of the business and the cost drivers that best reflect the allocation of overhead costs. In this case, if labor hours are considered to be a more accurate representation of the consumption of overhead resources, then using the overhead rate based on labor hours ($20 per labor hour) would be more appropriate.
The selection of the overhead rate based on labor hours can help ensure that overhead costs are allocated more accurately, reflecting the actual labor-intensive nature of the business. However, the decision ultimately depends on the specific circumstances and cost structure of the organization.
The total job cost for the specific job with a materials cost of $10,000 and direct labor cost of $20,000 is $70,000. The overhead rate using labor hours is $20 per labor hour, while the overhead rate using machine hours is $10 per machine hour. The choice of overhead rate should be based on the cost drivers that best represent the allocation of overhead costs in the organization.
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which type of sales promotion stimulates demand by offering a product discount that is used immediately when the product is purchased
Answers
The type of sales promotion that stimulates demand by offering a product discount that is used immediately when the product is purchased is known as coupons.
The need for customer satisfaction has
become the top priority for businesses and there are times when they need to stimulate demand and increase sales of their products for short-run, this is where sales promotion comes into play.
Basically, a sales promotion refers to a marketing strategy where the product is promoted using short-term attractive
initiatives to stimulate its demand and
increase its sales. It is a part of the
promotional mix where the business
uses many short-term customer-oriented
customer-oriented strategies to stimulate the demand for its
product by making it look more attractive
and/or worthy.
Generally, the strategy are usually brought to use in the following cases which are to introduce new products, sell out existing inventories, attract more customers and lift sales temporarily.
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!!!!!PLEASE HELP I NEED TO PASS !!!!
Which of the following are meant to store money which is NOT intended for daily expenses?
O Checking accounts
O Savings accounts
O Loan accounts
O Credit accounts
Answers
Answer:
You put money in saving accounts and don't usually use it for daily expenses. checking accounts are for daily expenses loans are for investments and credit catds are the banks money so it has to be a savings account
what is the difference in having da juice, or having the sauce?
Answers
Random variations represent either increasing or decreasing movements over many years due to factors such as population growth, population shifts, cultural changes and income shifts.
Answers
Answer:
FALSE
Explanation:
THIS IS THE COMPLETE QUESTION
Trends representing either increasing or decreasing movements over many years due to factors such as population growth, population shifts, cultural changes, and income shifts are a component of a time series called "Random Variations"
Random Variation can be regarded as
tendency of an estimated size/ value of a parameter to undergo deviation randomly away from the real/ true magnitude/ value of the parameter.
In an answer of at least two well-developed paragraphs, define the terms shortage and surplus and explain how each impact the prices of goods in the marketplace.
I will make you brainliest and you'll get 25 points
Thank youuu. I know its a lot but I really need help.
Answers
forces of surplus and shortage guarantee that all other prices are temporary. each of these definitely impact the economy and the prices of goods. if there is a shortage, most likely the price is going to go up. if there is a surplus, the price most likely will go decrease
sorry if this didn't help!!!
6. Hope's contribution to her RETIREMENT plan...
Answers
Based on Hope's check, her contribution to her RETIREMENT is pre-tax and therefore not included in federal income taxes.
What does the check say?
The check notes that Hope's retirement contribution is not included in her federal taxable income.
This means that the contribution is paid pre-tax and will not be liable for federal income taxes. She will most probably pay taxes on the retirement fund when she withdraws from it.
Federal income taxes- There are seven federal tax brackets for the 2022 tax year: 10%, 12%, 22%, 24%, 32%, 35%, and 37%. Your filing status and taxable income determine your tax bracket.
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what is the market price of a $1,000 face value bond quoted at 97 ½%?
Answers
A bond with a $1,000 face value bond quoted at 97 ½% is =97.5% x $1000 = $ 975
Quotes for bonds are frequently expressed as a portion of face value or in terms of yield. Bond prices are subject to a number of variables, including credit score, market interest rates, and forces of supply and demand. If they are selling at a premium or a discount, quotes reflecting the market value will show this.
To determine the price of a bond:
They are displayed as a percentage of the bond’s face value or as a monetary sum. Furthermore, quotes for corporate bonds are given in 1/8ths, whilst quotes for government bonds are given in 1/32nds. Municipal bonds may be sold in terms of yield to maturity or in dollars.
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Describe the main consequences of Open Banking regulations for the market position an competitiveness of traditional banks in the market for financial services provision.
Answers
Open Banking regulations have significant consequences for the market position and competitiveness of traditional banks in the financial services provision. One of the main consequences is increased competition.
Open Banking allows authorized third-party providers (TPPs) to access customer financial data with their consent. This enables new entrants, such as fintech startups, to offer innovative products and services that can compete directly with traditional banks. Another consequence is the potential erosion of customer loyalty. Open Banking empowers customers to share their financial data with multiple providers, enabling them to compare and switch between different offerings more easily.
Traditional banks may face the challenge of retaining customers who have more options and can easily find better deals or services elsewhere. As a result, banks need to focus on enhancing their value proposition and customer experience to maintain loyalty. Moreover, Open Banking regulations encourage collaboration and partnerships between traditional banks and fintech firms. Banks can leverage the expertise and technological capabilities of fintech companies by forming strategic alliances or acquiring them.
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According to surveys conducted in the u.s., almost ________ of people 65 years old and older rate their health as good, very good, or excellent.
Answers
In the United States, polls show that about half of those \(65\) and older rate their health as good, very good, or outstanding.
In the United States, there were \(54.1\) million people \(65\) and over as of \(2019.\)(the most recent year for which data are available). More than one in seven Americans made up \(16%\)% of the population, which they represented. The term "elderly" has historically been used to refer to people\(65\)and older. According to such standard, the United States had approximately \(30\)million senior individuals in\(1987,\) or more than\(12\)% of the almost \(252\) million total population.
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