ace co. settled litigation on february 1, year 2, for an event that occurred during year 1. an estimated liability was determined as of december 31, year 1. this estimate was significantly less than the final settlement. the transaction is considered to be material. the financial statements for year-end year 1 have not been issued. how should the settlement be reported in ace's year-end year 1 financial statements?

Answers

Answer 1

The settlement be reported in Ace's Year 1 financial statements is in both disclosure and an accrual.

What a Disclosure is?Disclosure is the process of making data or information known to the public. Proper exposure by pots is the act of making its guests, investors, and judges apprehensive of material information.What happens in Disclosure?Disclosure is the delivery or product of documents by a party to a case to the other parties in the case( rule 210). Disclosure is intended to help surprise at the trial, inform the parties of the issues to be disputed at the trial, and to help the parties to resolve controversies of fact.

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Related Questions

A reactive stance to the marketing environment is best described as one where marketers _______.

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A reactive stance to the marketing environment is best described as one where marketers implement campaigns before using data and analytics to judge their success.

This is further explained below.

What is a reactive stance?

Generally,  Marketers often approach data from a reactive perspective, meaning that they implement campaigns before using data and analytics to judge their success. However, the next campaign will already be underway by the time all the data is examined.

In conclusion, Marketers often handle data in a reactive manner; in other words, they implement campaigns and then use data and analytics to evaluate their success.

The next campaign, however, is well underway by the time all the data is examined.

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Hillman corporation reported a decrease in accounts receivable of $391,216. This is best defined as a _________ of cash on the _______________ segment on the statement of cash flows.

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Hillman corporation reported a decrease in accounts receivable of $391,216. This is best defined as a source of cash of cash on the operating activities segment on the statement of cash flows.

What is account receivable?

Account receivable can be defined as the money a company is expecting to received from their customers for the services they rendered to their customers which is why account receivable is classified as a current assets.

So,

Source of cash = Asset

Accounts Receivable = Asset

Therefore the statement that filled the gap is  source of cash, operating activities.

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Suppose you are buying your first condo for $180,000, and you will make a $15,000 down payment. You have arranged to finance the remainder with a 30-year, monthly payment, amortized mortgage at a 6. 5% nominal interest rate, with the first payment due in one month. What will your monthly payments be?.

Answers

If we arranged to finance the remainder with a 30-year, monthly payment, amortized mortgage at a 6. 5% nominal interest rate, with the first payment due in one month. The monthly payments amount be $1,042.91

Purchase Price of Condo                            $180,000.00

Down payment                                             $15,000.00

Loan amount                                                 $165,000.00

Terms in years                                              30

Annual interest rate                                      6.50%

Monthly interest rate                                    0.5417%

No. of monthly loan payment                      360

Monthly payment amount                         $1,042.91

The term "Monthly Payment Amount" refers to the total of the interest payable under this Note on the portion allocated as Fixed Rate Tranche A at the Fixed Interest Rate in the amounts for each such Payment Date set forth on Annex 1 attached hereto and incorporated herein by this reference or as provided by Payee to Maker in connection with the initial Fixed Interest Rate Interest Period from and including the First Payment Date through the Maturity Date.

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Hillman corporation reported a decrease in accounts receivable of $391,216. This is best defined as a _________ of cash on the _______________ segment on the statement of cash flows.

Answers

Hillman Corporation reported a decrease in accounts receivable of $391,216. This is best defined as a source of cash on the operating activities segment on the statement of cash flows.

What is Cash Flow Statement?

By monitoring the cash flow for a business, a cash flow statement is a crucial tool for managing finances. One of the three important reports that aid in assessing a company's performance is this one. Making a cash forecast usually helps with short-term planning. You may track incoming and outgoing cash by using the cash flow statement, which also displays the source of funds. Operating, investment, and financial operations are the three main sources of incoming cash for a corporation. Additionally, the statement provides information on cash withdrawals, business-related expenses, and investments at a specific period in time. For the management to make wise judgments for governing business operations, the information you acquire from the cash flow statement is helpful.

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Given linear demand curves, if demand increases and supply decreases, then __________.

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Given linear demand curves, if demand increases and supply decreases, then:- the equilibrium price will increase, but the effect on the equilibrium quantity will be ambiguous.

What is the demand and supply curve?

The link between the quantity of a good that producers want to sell at different prices and the quantity that customers want to buy is known as supply and demand in the study of economics. It serves as the primary model for determining prices in economic theory. The interaction of supply and demand in a market determines the price of a good.

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As director, how would you respond to the conflict among the different stakeholders of fresh start? check all that apply.

Answers

As director,  I would  respond to the conflict among the different stakeholders of Fresh Start by  Building trust-based relationships with stakeholders.

What is conflict?

conflict can be described as the disagreement that exist between two or more parties this can be in the political world as well as the business world.

However, a stakeholder  which can be described as the  party  which posses an interest in a company and as a result of their participation in the business their action can  affect or be affected by the business and it should be noted that they are in a  typical corporation  as investors,  suppliers can involves in a conflict of any type , however As director,  I would  respond to the conflict among the different stakeholders of Fresh Start by  Building trust-based relationships with stakeholders.

In conclusion  conflict  can be described as the struggle  between parties   which could be resolved by different techniques.

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The options:

by  Building trust-based relationships with stakeholders.

by  engaging the customer in the business

By emphasizing on the prtofit.

14. assume that sweeten company used cost-plus pricing (and a markup percentage of 80% of total manufacturing cost) to establish selling prices for all of its jobs. what selling price would the company have established for jobs p and q? what are the selling prices for both jobs when stated on a per unit basis? (do not round intermediate calculations. round your final answers to nearest whole dollar.)

Answers

Considering the markup and the costs %, Job P's selling price would be $4,545 and Job Q's price would be $1,848.

What are the predetermined overhead rates?

Molding department:

= Variable overhead cost per hour + (Estimated overhead / Estimated machine hours used)

= 1.40+ (10,000/ 2,500)

= $5.40

Fabrication Department:

= 2.20 + (15,000 / 1,500)

= $12.20

Manufacturing overhead of Job P

= (Molding department hours x Overhead rate) + (Fabrication department hours X Overhead rate)

= (1,700 x 5.40) + (600 x 12.20)

= $16,500

Manufacturing overhead of Job Q

= (800 x 5.40) + (900 x 12.20)

= $15,300

Selling price of Job P

= ((1+ markup percentage) x (Direct materials + Direct labor + Manufacturing overhead)) / Number of Job Q units

= ((1+80% ) x (13,000 + 21,000 + 16,500)) / 20

= $4,545

Selling price of Job Q

= ((1+80% ) x (8,000 + 7,500 +15,300))/ 30

= $1,848

Therefore, the selling prices are $4,545 and $1,848 respectively.

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Source documents would include items such as:_____.
a. receipts, travel records, etc.
b. trial balances.
c. stock options.
d. journal entries.
e. financial statements.

Answers

Source documents would include the items such as receipts, travel records, etc.

A source document is considered to be the original document which tends to contain the details of a business transaction. A source document thus captures the key information about a transaction, such as the amounts paid (if any), the date, the substance of the transaction, and the names of the parties which are involved.

So the source documents are considered to be the original records of a business transactions.These documents serve as the proof with the details of the transaction. It also include items such as receipts, travel records, etc.

Hence, option A is correct.

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kathleen alvarado is binge-watching her favorite show on netflix. she is trying to decide how many more episodes to watch. kathleen should continue watching episodes unless the marginal

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The Law Offices of Kathleen G. Alvarado offer assertive representation for family law, criminal defense, and marginal injury claims in Riverside County, San Bernardino County, and throughout the Inland Empire.

In some cases, a marginal increase in sales means something much more specific than a vague, positive growth. Marginal revenue is a key number in the income statement that is closely connected with sales. It refers to revenue that is earned from sales after costs have been subtracted.

She should watch until the marginal benefit of watching the show is equal to the marginal cost.

It is the benefit maximizing condition that consumers should consume anything until marginal benefit equals marginal cost.

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As the manager of an office supply store, raven seems to be constantly confronted with problems. She tries very hard to create alternative solutions and then evaluate them. Often, raven implements the selected solution, but then another problem arises. She begins to express her frustrations by accusing employees of not fully executing the solution as described in her plan. What style of decision making does raven use?.

Answers

As the manager of an office supply store, Raven seems to be constantly confronted with problems. She tries very hard to create alternative solutions and then evaluate them. Often, Raven implements the selected solution, but then another problem arises. She begins to express her frustrations by accusing employees of not fully executing the solution as described in her plan. Raven uses a rational style of decision making.

A rational style of decision-making is one in which proper logical steps are decided to be implemented for the completion of a certain task.

In the case above, Raven works hard in forming proper, logical solutions to the problems that arise. Hence, she is using the rational style of decision-making when forming solutions for a problem. She has the ability to identify a problem, assess it, and form a solution which is the way of working a rational style of decision making.

Other options, such as nonrational decision-making, are not correct as in this type of decision-making, intuitive judgment is used. Intuitive judgment is not being used by Raven for problem-solving.

Although a part of your question is not complete, you might be referring to this question:

As the manager of an office supply store, Raven seems to be constantly confronted with problems. She tries very hard to create alternative solutions and then evaluate them. Often, raven implements the selected solution, but then another problem arises. She begins to express her frustrations by accusing employees of not fully executing the solution as described in her plan. What style of decision-making does Raven use?

non-rational

rational

intuitive

satisficing

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prepare a balance sheet for alaskan peach corporation as of december 31, 2022, based on the following information: cash = $194,000; patents and copyrights = $848,000; accounts payable = $295,000; accounts receivable = $254,000; tangible net fixed assets = $5,110,000; inventory = $539,000; notes payable = $188,000; accumulated retained earnings = $4,596,000; long-term debt = $1,240,000.

Answers

We prepare a balance sheet for Alaska Peach Corporation as of December 31, 2022, based on the following information: 6,945,000

Asset

Cash =194,000

Account receivable= 254,000

Inventory = 539,000

 

Current asset =987,000

Patent and copyright = 848,000

Tangible net fixed asset = 5,110,000

Total asset= 6,945,000

 

Liabilities

Account payable= 295,000

Notes payable  =188,000

Current liabilities = 483,000

Long term debt=1,240,000

Total liabilities = 1,723,000

 

Accumulated reatined earning= 4,596,000

Common equity= 626,000

 

total liabilities and equity = 6,945,000

Whether you are an organization or not. ment or non-profit organization.

A balance sheet is a statement of a company's assets, liabilities and equity at a particular point in time. A balance sheet is usually produced at the end of a specific period (quarterly, annually, etc.). A balance sheet consists of two columns. The left column lists the company's assets.

A balance sheet provides a snapshot of a company's financial position at a particular point in time. In addition to income and cash flow statements, the balance sheet helps business owners assess the financial health of their business.

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As the manager of an office supply store, raven seems to be constantly confronted with problems. She tries very hard to create alternative solutions and then evaluate them. Often, raven implements the selected solution, but then another problem arises. She begins to express her frustrations by accusing employees of not fully executing the solution as described in her plan. What style of decision making does raven use?.

Answers

Answer:

Rational

Explanation:

She wants to be able to find a solution, and the coworkers need to work together to get stuff done.

The style of decision-making raven use is rational. Thus the correct option is B.

What is Manager?

A manager is refer to an individual in an organization who is responsible for coordinating and controlling the functions of the organization and helps to perform business activities smoothly and timely.

In this case, it is given that Manager named Raven is facing problems in working and tries to develop alternative solutions and evaluate them. In this method when she resolves one problem, another rise.

This caused her frustration with employees so in this situation she should use a rational decision-making model in which she should implement strict actions or plans to fulfill the objective of the business by using a logical approach.

She should conduct research about the facts causing problems and by using evidence reached on alternative outcomes to make the final decision that can be considered appropriate for the organization.

Therefore, option B is appropriate.

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coca cola has a market orientation and follows the marketing concept. most likely, the company would react to consumer dissatisfaction to its product by first: a) hiring better sales people b) increasing advertising to better explain product benefits c) lowering the price d) conducting research to determine if its customers’ needs have changed

Answers

coca cola has a market orientation and follows the marketing concept. most likely, the company would react to consumer dissatisfaction to its product by the first D) conducting research to determine if its customers' needs have changed.

Market-oriented perspectives include decision-making perspectives, market information perspectives, cultural behavioral perspectives, strategic perspectives, and customer-centric perspectives. Market Orientation is a business approach focused on determining consumer needs and wants and developing products and services to meet them.

The focus of the organization and its marketing is focused on five main categories, grouped into the following orientation groups Production Oriented, Product Oriented, Sales Oriented, Social Oriented, and Market Oriented.

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Spots, inc. produces ink and sells it to write on target, which makes pens. the ink produced by spots, inc. is called:____
a. an intermediate good.
b. an inventory good.
c. a transitory good.
d. a final good.

Answers

Spots, inc. produces ink and sells it to write on target, which makes pens. the ink produced by spots, inc. is called an intermediate good.

An intermediate good is a good which is produced by a certain firm which  is then used as an input for the production of another goods.

These type of goods is usually traded between the  different firms and also serves as a resource to produce a final good, that means , a product which is ready to consume and is sold in the market.

Some intermediate goods can  be considered as final goods, for example sugar can be purchased directly by the  consumers or  it can be used to produce jams.

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during and immediately after the second world war, many americans looking for an apartment had to spend weeks or months in an often futile search for a place to live, or else resorted to bribes to get landlords to move them to the top of waiting lists. meanwhile, they doubled up with relatives, slept in garages or used other makeshift living arrangements, such as buying military surplus quonset huts or old trolley cars to live in. all of these happened because:

Answers

All of these happened because rent control rules prevented house prices from rising as they otherwise would have.

What are rent control rules?A landlord is only permitted to charge a certain price for renting a property or renewing a lease under a government policy called rent control.An apartment with rent control has a cap on the amount a landlord can charge for rent. Government programs determine the cap, and local governments implement rent control regulations. They are not mandatory in all states or towns. Rent can be kept cheap for individuals who cannot afford a market-rate or above-market-rate house when it is "managed" in this manner, which prevents landlords from arbitrarily raising rent prices year after year.

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What is true about open ended credit

Answers

Answer :

An open circuit implies that the two terminals are points are externally disconnected, which is equivalent to a resistance R=∞ . This means that zero current can flow between the two terminals, regardless of any voltage difference.

The city council made an appropriation to the police department of $190,000 for the purchase of supplies and equipment. the following transactions and events occurred regarding this appropriation. 1. the department placed purchase order (po) 1 for 5 motorcycles, estimated to cost $20,000 each. 2. the department placed po 2 for crime prevention supplies at an estimated cost of $60,000. 3. the motorcycles ordered in po 1 arrived in good condition. the invoice of $100,000 was approved for payment. 4. po 3 was placed for radio equipment at an estimated cost of $20,000 . 5. the supplies ordered in po 2 arrived, along with an invoice for $64,000. the invoice was approved for payment. 6. the department obtained a check from the finance director for $500, made out to a local supplier, to purchase a new firearm for $500 on an emergency basis; no purchase order had been placed. a) prepare journal entries to record the transactions and events. charge all expenditures to supplies and equipment. (assume the approved budget has already been recorded.)

Answers

The journal entry is below.

Events                       Accounts                          Debit                  Credit

1.                               Encumbrances                   50000

                       Budgetary fund balance                                           50000

                  reserved for encumbrances

                                To record PO 1

2.                            Encumbrances                    30000    

                     

                       Budgetary fund balance                                         30000

                   reserved for encumbrances

                               To record PO 2.

   

3.                   Budgetary fund balance          50000

                 reserved for encumbrances

                             

                                    Encumbrances                                            50000      

                     To reverse encumbrance for PO 1.

4.                              Encumbrances                      10000    

                            Budgetary fund balance                                      10000

                          reserved for encumbrances

                                    To record PO 3.

5.                      Budgetary fund balance

                        reserved for encumbrances        30000

                                  Encumbrances                                                  30000

                           To reverse encumbrance

                                       for PO 2.

                              Expenditures                    32000          

                      supplies and equipment

                               Vouchers payable                                           32000

                       To record approved voucher

6.                             Expenditures                     250

                        supplies and equipment

                           

                                     Cash                                                             250

                      Record emergency cash purchases.

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Alpine Stables, Inc. , is established in Denver, Colorado, on April 1, 2017, to provide stables, care for animals, and grounds for riding and showing horses. You have been hired as the new assistant controller. The following transactions for April 2017 are provided for your review. A. Received contributions from five investors of $ 60,000 in cash ($ 12,000 the following), a barn valued at \,000 , land valued at $ 90,000 , and supplies valued at $ 12,000. Each investor received 3,000 shares of stock with a par value of $ 0. 01 per share. B. Built a small barn for $ 62,000. The company paid half the amount in cash on April 1,2017 , and signed a three-year note payable for the balance. C. Provided $ 35,260 in animal care services for customers, all on credit. D. Rented stables to customers who cared for their own animals; received cash of $ 13,200. E. Received from a customer \ ,400 to board her horse in May, June, and July (record as unearned revenue). F. Purchased hay and feed supplies on account for $ 3,810 to be used in the summer. G. Paid $ 1,240 in cash for water utilities incurred in the month. H. Paid $ 2,700 on accounts payable for previous purchases. I. Received $ 10,000 from customers on accounts receivable. J. Paid $ 6,000 in wages to employees who worked during the month. K. At the end of the month, purchased a two-year insurance policy for \,600. L. Received an electric utility bill for $ 1,800 for usage in April; the bill will be paid next month. M. Paid $ 100 cash dividend to the following of the five investors at the end of the month.

Required:

(a) Set up appropriate T-accounts. All accounts begin with zero balances

Answers

Setting up the appropriate T-accounts for Alpine Stables, Inc. is as follows:

Cash Account

Account Titles                          Debit         Credit

Common Stock                          $150

Additional-Paid Capital       $59,850

Barn                                                             $31,000

Service Revenue                 $13,200

Unearned Revenue              $2,400

Utility Expense                                             $1,240

Accounts Payable                                      $2,700

Accounts Receivable        $10,000

Wages Expense                                        $6,000

Prepaid Insurance                                    $9,600

Dividend                                                      $500

Balance                                                  $34,560

Totals                               $85,600       $85,600

Accounts Receivable

Account Titles                          Debit         Credit

Service Revenue                  $35,260

Cash                                                        $10,000

Balance                                                    25,260

Supplies

Account Titles                          Debit         Credit

Additional Paid-Capital       $12,000

Accounts Payable                 $3,810

Balance                                                    $15,810

Prepaid Insurance

Account Titles                          Debit         Credit

Cash                                        $9,600

Land

Account Titles                          Debit         Credit

Additional Paid-Capital         $90,000

Barns

Account Titles                          Debit         Credit

Additional Paid-Capital       $120,000

Cash                                       $31,000

Notes Payable                       $31,000

Balance                                                    $182,000

Common Stock

Account Titles                          Debit         Credit

Cash                                                           $150

Additional Paid-in Capital

Account Titles                          Debit         Credit

Cash                                                           $59,850

Barn                                                          $120,000

Land                                                          $90,000

Supplies                                                     $12,000

Balance                              $281,850

Dividend

Account Titles                          Debit         Credit

Cash                                          $500

Note Payable

Account Titles                          Debit         Credit

Barns                                                         $31,000

Accounts Payable

Account Titles                          Debit         Credit

Supplies                                                      $3,810

Cash                                        $2,700

Utility Expense                                          $1,800

Balance                                   $2,910

Unearned Revenue

Account Titles                          Debit         Credit

Cash                                                           $2,400

Service Revenue

Account Titles                          Debit         Credit

Accounts Receivable                              $35,260

Cash                                                         $13,200

Balance                               $48,460

Utility Expenses

Account Titles                          Debit         Credit

Cash                                         $1,240

Accounts Payable                   $1,800

Balance                                                    $3,040

Wages Expense

Account Titles                          Debit         Credit

Cash                                        $6,000

Transaction Analysis:

Cash $60,000 Barn $120,000 Land $90,000 Supplies $12,000 Common Stock $150 Additional Paid-in Capital $281,850

Barn $62,000 Cash $31,000 Note Payable $31,000

Accounts Receivable $35,260 Service Revenue $35,260

Cash $13,200 Service Revenue $13,200

Cash $2,400 Unearned Revenue $2,400

Supplies $3,810 Accounts Payable $3,810

Utility Expense $1,240 Cash $1,240

Accounts Payable $2,700 Cash $2,700

Cash $10,000 Accounts Receivable $10,000

Wages Expense $6,000 Cash $6,000

Prepaid Insurance $9,600 Cash $9,600

Utility Expense $1,800 Accounts Payable $1,800

Dividend $500 Cash $500

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What term describes an internet-inspired mechanism for raising money or sponsorship from members of the public for a small project or business venture?.

Answers

Project sponsorship is a strategy used online to enlist the public's financial or sponsorship support for a side project or for-profit endeavor.

A project sponsor is a person or organization that controls the project and gives funding and other resources to the project, program, or portfolio to ensure its success. Every undertaking has a minimum of one project sponsor.

Project sponsors are often managers or executives who are in charge of overseeing the whole project. He or she represents the organization and is mainly focused on making sure that the project sponsorship delivers the agreed-upon business advantages. In doing so, they exercise significant leadership in a range of fields.

Project sponsorship is often responsible for initiating, ensuring, approving, and establishing a significant group of project-related responsibilities that fall under the umbrellas of vision, governance, and value/benefit realization. Remember that the majority of the objects may fall under more than one category, and that the categories are not exclusive.

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Preparing equipment that is used in a process is considered overproduction muda.

a. True b. False

Answers

It is false that the preparation of the equipment in a production process is considered as muda overproduction.

What is team preparation?

The preparation of equipment is a term that refers to the process of putting into operation different elements that will contribute to a production process so that it works effectively and the owner has the highest productivity.

Why is it not considered as an overproduction?

The preparation of the equipment should not be considered as an overproduction since it is a necessary process for the start-up of a factory. Therefore, the products that can be manufactured in the process of preparing the equipment are not considered overproduction because they are products that are not going to be used later nor will they have all the quality standards to sell or offer to consumers.

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wally is a pennsylvania licensee. he’s planning to purchase a house with several acres of land from seller seth. based on wally’s expertise, he believes the property is being underutilized and plans to divide the land into several separate lots to sell off individually. what does wally need to disclose to seth?

Answers

Wally needs to be honest about his plans for the land.

If a licensee has an interest in a property, they are required to disclose this interest as well as any potential conflicts of interest in writing. When selling their own property, licensees are required to reveal their license status.What is mean by licensee?In U.S. tort law, a licensee is a person who is on another's property even though it is not accessible to the general public because the owner of the land has granted the licensee permission to enter.A licensee can also refer to the holder of a license.If a person travels to see an invitee for personal reasons, they may be regarded as a licensee. A person is a licensee, for instance, if they go to a friend's rental home. Typically, an invitee extends an invitation to a property to licensees.

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Three years ago, kenesha purchased $2,000 worth of stock in a major u. S. Corporation. Today, kenesha decides to sell all her shares for $15,000. Kenesha will be subject to?.

Answers

Kenesha will be subject to Long term capital gains of $ 13,000.

When the stock is held for more than 24 month then the gain on the sales of stock are long term capital gain.

Long term capital gain = Sale Price - Purchase Price

= 15,000 - 2,000

= $13,000

The value difference between the sale price and the acquisition price is used to calculate the long-term capital gain or loss. The amount here represents the investor's net gain or loss from selling the asset. The net gain or loss a shareholder incurred upon the sale of an asset held for less than a year is short-term capital gains or losses. Long-term capital gains are subject to a lower tax rate from the Internal Revenue Service (IRS) than are short-term capital gains.

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If you are able to articulate thoughts and ideas clearly and effectively in written and oral forms to persons you know and to those of a wider, general audience, you have a proficiency in which competency?.

Answers

You have a skill in communication if you can express yourself clearly and persuasively in both written and oral form to people you know and to members of a larger, more general audience.

More about communication competency:

Effectively communicate ideas and concepts using spoken, writing, visual, and non-verbal means, as well as through listening to understand. the capacity to convey knowledge orally, in writing, or digitally.

Understanding the various communication abilities and talents is a crucial skill for managers, business owners, and employees alike. No matter what line of work you are in, interacting with people is a big part of many sectors, thus having the skills and abilities to do so is crucial.

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solving for annuity payments (pmt) you just bought a $10,000 annuity that provides annual payments at the end of each of the next six years. if the appropriate interest rate is 11%, what annual payment will you receive each year? enter the data into your calculator: n

Answers

Annual payment received annually: $2,363.77.

Information Provided:

Present Value = $10,000

Hours = 6 Years

Interest Rate = 11%

Annual Payments are calculated by entering the following into the financial calculator:

PV = -10,000

N = 6

I/Y = 11 Press

CPT and PMT to calculate your monthly payment.

The resulting value is 2,363.77.

So the annual payment I receive each year is $2,363.77.

Payment is the voluntary offering of money or equivalents or anything of value by one party in exchange for goods or services to be provided or to comply with a legal obligation. The party making the payment is commonly referred to as the payer and the payee is the party receiving the payment.

Payment is the transfer of money, goods, or services in exchange for goods or services on acceptable terms and conditions previously agreed upon by all parties. Payments can be made in the form of exchange services, cash, checks, wire transfers, credit cards, debit cards, or cryptocurrencies.

An example of payment is a check written to pay a telephone bill. As an example of payment, he may pay a $100 bill using a credit card. A Pay or be paid.

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According to the video, what are some tasks that Construction Managers perform? Select four options.

installing plumbing and electrical fixtures
purchasing land to build on
deciding on construction methods
hiring contractors
selling building materials to laborers
making schedules
getting permits and licenses
creating architectural plans

Answers

Tasks. To fulfill deadlines, arrange or manage the activities of a construction project. Prepare and send cost tracking reports, progress reports, or budget estimates. Thus option C, D, F, G is correct.

What are Construction Managers to perform?

A representative of the owner or developer, such as administrative personnel, employees, or clients, shall interpret and explain the plans and the conditions of the contract.

Construction project planning, coordination, budgeting, and completion are all under the control of construction managers.

A construction manager performs the following duties at a high level: The entire building project is planned out with deadlines and checkpoints. Employs and oversees personnel and contractors.

Therefore, the planning or management of a construction project's activities to meet deadlines.

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Colgate-palmolive secured the endorsements of dentists to make the claim that colgate total toothpaste is the number-one recommended toothpaste by most dentists, a tactic that is most effective at.

Answers

Colgate-Palmolive secured the endorsements of dentists to make the claim that Colgate total toothpaste is the number-one recommended toothpaste by most dentists, a tactic that is most effective at decreasing perceived risk.

What is perceived risk?

According to Arrow (1950), Humphreys and Kenderdine (1979) and Taylor (1975), perceived risk "represents an uncertain, probabilistic potential future expenditure". Simply put, perceived risk is the ambiguity that consumers have before purchasing any product or service. a term used in marketing and sales Perceived risk refers to how a customer perceives the risks associated with any purchase and is mostly associated with products that are expensive such as houses or cars or products that are complex and have many features such as computers or laptops.

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the core principles of economics — end of chapter problem ivan has inherited his mother’s 1963 chevrolet corvette, which he values at $45,000. he decides that he might be willing to sell it, so he posts it on craigslist for $55,000. samantha is interested and willing to pay up to $72,000 for one.

Answers

Yes, Ivan and Samantha both voluntarily enter the trade because they both profit in their own ways. Ivan got more money than expected. This is a producer surplus for him. There is a consumer surplus because Samantha is paying less than she is willing to pay. Therefore, both benefit from the transaction.

Producer surplus to Ivan = Amount received - willing to sell amount = 55000-45000 = 10000

Consumer surplus to Samantha = willing to pay - Actual amount paid = 72000 - 55000 = 17000

Economic surplus = Consumer + Producer surplus = 10000+17000 = 27000$.

Starting prices for the 2022 Chevrolet Corvette are $60,900 for the coupe model and $68,400 for the convertible. This is average for elite athletes. In the world of high-end sports cars, the 2021 Chevrolet Corvette is proving to be a great bargain. Its overall value is hard to beat. Chevy lists the new model at a starting MSRP of just under $59,000. This is an incredible price for a car that offers so much style and performance.

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According to sports business journal analysis, which company is handling the highest percentage of betting in the only eight states in which regulators break out results by individual sportsbooks?.

Answers

According to sports business journal analysis, Fanduel  is handling the highest percentage of betting in the only eight states in which regulators break out results by individual sportsbooks.

What is Fanduel?

The American gaming corporation Fanduel Group offers online casinos, daily fantasy sports, horse racing, and sportsbooks. The business runs daily fantasy sports services, online horse race betting, and sportsbooks in a number of states, including New Jersey, Pennsylvania, Indiana, and West Virginia.

The business was first established as a provider of daily fantasy sports, primarily competing with Draft Kings. In May 2018, as sports betting became more widely legalized in the US, Fanduel decided to merge with Paddy Power Betfair's US operations to form Fanduel Group. Paddy Power Betfair is now known as Flutter Entertainment. With Fanduel serving as the company's primary U.S. brand, the acquisition aimed to capitalize on the company's current user base and brand familiarity.

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FanDuel is among the only eight states where regulators break out outcomes by individual sportsbooks, according to a Sports Business Journal study of handle.

What is Fanduel ?The biggest US online sports betting company is FanDuel, but DraftKings is not far behind. FanDuel is owned by Flutter Entertainment, the largest online gaming firm in the world, whereas DraftKings is a stand-alone business that was listed on the Nasdaq after its merger with SBTech.First, the fundamentals Under federal law, FanDuel is 100 percent legal. The United States government views fantasy sports, such as daily fantasy baseball, football, and basketball, as a game of skill as opposed to online slots or internet poker.

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a simple economic model predicts that a fall in the price of bus tickets means that more people will take the bus.​ however, you observe that some people still do not take the bus even after the price of a ticket fell.

Answers

A straightforward economic model predicts that an increase in bus ridership will result from a decrease in the cost of bus tickets. Even though bus fares have decreased, you notice that some people continue to refuse to board the vehicle. No, because it foresees an increase in the general number of bus riders.

What is economic model?

A model in economics is a theoretical construction that represents economic processes through a collection of variables and a set of logical and/or quantitative relationships between them. The economic model is a simplified, frequently mathematical, framework used to explain intricate processes. Economic models frequently suggest structural variables. A model may contain a variety of exogenous variables, and those variables may alter to produce different responses from economic variables. Investigation, theorizing, and adapting theories to the real world are all examples of methodological uses of models.

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Suppose you borrow $5,000 from the bank. the loan terms require you to repay $6,299 three years from now. what is the annual interest rate you would be agreeing to?

Answers

The amount of interest payable each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate. The amount lent or borrowed determines the total interest charged,

The Interest Rate Would be 8%

Calculation is as follows

F = P ( F / P , 10 % ,5) is the formula for determining Rate given a current value of P.

The right response is 8%.

Also,

Calculation of the repayment amount due at the conclusion of the fifth year

Future Value = (F/P, 10%, 5000)= 5000 * 1.61051= $8052.5

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