The first step in developing schooling software is to perceive and investigate needs. Worker schooling wishes might also already be established inside the Project management strategic, human sources, or man or woman development plans.
The project management method is a management method for the planning and control of the offerings or the implementation of a task. This process begins after the approval by means of the patron is based on the contract, and is targeted at the initial values of the process and the general control of a task.
The ITS challenge control Lifecycle is composed of 4 levels which are grouped together to explain, organize, and successfully deliver the favored outcomes for a mission. The ones phases are Initiation, making plans, Execution, and Close Out.
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Project irr. A firm evaluates all of its projects by applying the irr rule. The required rate of return is 14 percent. What is the irr of a project that requires an investment today of $158,500 and has an expected cash flow in one year of $175,000?.
The required rate of return—the opportunity cost offered on equivalent investments—is 14%, the IRR does not compare well with other equivalent investments, so this investment should be rejected.
What is opportunity cost?
The value or advantage forfeited by engaging in a specific activity in comparison to engaging in a different activity is known as the opportunity cost in price determination. Simply put, it means that if you choose one activity, you forfeit the chance to do another.
Therefore,
Project irr. A firm evaluates all of its projects by applying the irr rule. The required rate of return is 14 percent. What is the irr of a project that requires an investment today of $158,500 and has an expected cash flow in one year of $175,000?.
The required rate of return—the opportunity cost offered on equivalent investments—is 14%, the IRR does not compare well with other equivalent investments, so this investment should be rejected.
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an approach to visualizing and managing capacity that recognizes that nearly all products and services are created through a series of linked process, and in every case, there is at least one process step that limits throughput for the entire chain is the formal definition of.
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Theory of Constraints (TOC)
a woman is selected by a marketing company to participate in a paid focus group. the company says that the woman was selected because her name is among the first 250 in the phone number listings
A woman is selected by a marketing company to participate in a paid focus group. The company says that the man was selected because his name is among the first 200 in the phone number listings. -- Convenience sampling
What is convenience sampling?
Convenience sampling involves using respondents who are 'convenient' to the researcher. There is no pattern that wins these respondents. For example, you can gather respondents by simply interviewing people on the street, in public buildings, or at work.
What is an example of convenience sampling?
A basic example of a convenience sampling method is when a company distributes promotional brochures and asks questions in a shopping mall or busy street with randomly selected participants. Companies use this convenience sampling method to collect information and address critical issues arising from the market.
Why is convenience sampling used?
Convenience sampling is usually collected in easily accessible populations. The data is readily available, allowing researchers to collect pilot data using convenience sampling or to explore hypotheses that can be tested in future studies.
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systems is a business function, like accounting and human resources, which moves information about people, products, and processes across the company to facilitate decision making and problem solving.
Management Information System (MIS) is a business function, like accounting and human resources, which moves information about people, products, and processes across the company to facilitate decision-making and problem-solving.
A management information system is an information system used for decision-making, coordinating, controlling, analyzing, and visualizing information within an organization. Management information systems research incorporates people, processes, and technology into an organizational context.
Management Information Systems (MIS) is the study of people, technologies, organizations, and the relationships between them. MI experts help organizations maximize investments in people, equipment, and business processes. MIS is a human-centric domain with a focus on technology-driven services.
A Management Information System (MIS) is a computer system consisting of hardware and software that serves as the backbone of an organization's operations. MIS collects data from multiple online systems, analyzes information, and reports data to support business decision-making.
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If penalties are imposed only on the buyers of illegal drugs, the equilibrium price of illegal drugs will ________ and the equilibrium quantity will ________.
If penalties are imposed only on the buyers of illegal drugs, the equilibrium price of illegal drugs will fall and the equilibrium quantity will decrease.
If the buyers are subjected to punishment and charges, the number of buyers who were frequently purchasing drugs will diminish. This will cause the demand to decline and, as a result, the equilibrium price quantity will as well.
The provider will attempt to sell more of their usual stock or draw in new customers when the demand for the drugs declines by lowering the price of the drugs.
When supply and demand are balanced, the price is at equilibrium. It can be claimed that the forces of supply and demand are comparatively equal and the market is in an equilibrium price when a major index goes through a period of consolidation or sideways momentum.
Researchers have discovered that prices typically oscillate near the equilibrium price. Market forces will encourage sellers to enter the market and produce more if the price increases too much. More purchasers will place higher bids if the price is too low. Over time, these actions maintain the equilibrium price level's relative equilibrium.
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How important do you think it is to spot a gap in the market for new small business
This Gap you insight into what your competitors are not doing right and give you the opportunity to do better. By focusing on market gaps, you avoid jumping into an already saturated market can also do. After all, new businesses often come to a standstill when the market becomes saturated.
A Gap is a business opportunity. That's when you've identified something your customers need that isn't currently available. This could be something completely unique, an improvement on an existing idea, or a way to introduce something to another market.
A product opportunity gap is when there is a gap between what is on the market and the potential for new products due to emerging trends. An entrepreneur can determine if there is a POG by considering the three factors such as social trends, economic strength, and technological progress.
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Finding gaps in the market is important.
This gives you insight into what your competitors are not doing right and gives you an opportunity to improve. Focusing on market gaps can also help you avoid jumping into an already saturated market. After all, a saturated market is often a dead end for new ventures.
Niche is a business opportunity. When you've identified something your customers need that isn't currently available. This could be something completely unique, an improvement on an existing idea, or a way to introduce something to another market.
How do you perceive gaps in the market? Here are six ways to identify gaps.
Monitor trends in your specialty. ...
Getting feedback from customers (and listening to it!) ...
Evaluate your competitors' products and set yourself apart.
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Marketers that set unrealistically high consumer expectations of a product through advertising, personal selling, or other types of promotion may generate higher initial sales, but it will eventually result in ________ if the product fails to achieve these expectations.
Marketers that set unrealistically high consumer expectations of a product may generate higher initial sales, but it will eventually result in postpurchase dissatisfaction if the product fails to achieve these expectations.
What does postpurchase dissatisfaction mean?The expression postpurchase dissatisfaction makes reference to the consumer's expectations, which must fit the product's performance in his/ her perception in order to have a good acceptation.
Postpurchase dissatisfaction is fundamental because it may lead to an increase the acceptation and expectations of a given product in the market.
In conclusion, marketers that set unrealistically high consumer expectations of a product through advertising, personal selling, or other types of promotion may generate higher initial sales, but it will eventually result in postpurchase dissatisfaction if the product fails to achieve these expectations.
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if a consumer knows the exceptional experience a brand assures its consumers, and they count on the brand from year to year, then the consumer knows what about the brand?
If a consumer knows the exceptional experience a brand assures its consumers, and they count on the brand from year to year, then the consumer knows the brand's promise.
What Is a Brand?A brand is an intangible marketing or business concept that helps people identify a company, product, or individual.People often confuse brands with things like logos, slogans, or other recognizable marks, which are marketing tools that help promote goods and services.Brands are considered to be among a company's most important and valuable assets.Companies can protect their brands by registering trademarks. Types of brands include corporate, personal, product, and service brands.
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For a certain process, δg is large and negative. Does this mean that the process necessarily has a low activation barrier?.
For some processes, δg is large and negative. This does not mean that the process necessarily has low activation energy.
In chemistry and physics, activation energy is the minimum amount of energy required for a compound to cause a chemical reaction. The activation energy of a reaction is measured in joules per mole, kilojoules per mole, or kilocalories per mole.
Activation energy is defined as the minimum amount of additional energy required by a reacting molecule to convert to a product. It can also be described as the minimum amount of energy required to activate or energize molecules or atoms so that they can undergo a chemical reaction or transformation.
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What law projects network bandwidth will grow at least three times faster than computer power, whcih means that if bandwidth doubles every 12 months, every 10 years, the network bandwith will have 1000 times greater capacity?.
Moore's law projects network bandwidth will grow at least three times faster than computer power, which means that if bandwidth doubles every 12 months, every 10 years, the network bandwidth will have 1000 times greater capacity
The term Moore's Law alludes to Gordon Moore's belief that, despite a halving in the price of computers, the number of pixels on a processor doubles every two years. According to Moore's Law, we can anticipate a rise in computer speed and power every few years together with a decrease in price. This expansion is exponential, according to another principle of Moore's Law.
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In the pillbug experiment, an important part of the experimental strategy was to?
It is critical to take measurements twice in the pill-bug experiment: once at the start of the experiment and once at the end. Pill bugs are terrestrial isopods that belong to the crustacea family. This experiment determines if pill bugs, sometimes known as roly-polys, prefer lightness or darkness.
They experiment are slow-moving, cold-blooded organisms whose body temperatures are governed by their surroundings. The pill-bugs gravitate for cornstarch, but the control group exhibits no change in the behavior toward sand. Pill-bugs are vital for clearing the soil of heavy metal ions because they crystallize copper, zinc, lead, arsenic, and cadmium in their midgut.
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If in the year 2030, us gross domestic product is $40 trillion (2030 dollars), and the gdp deflator then is 400 (2020 = 100), what is real 2030 gdp (in 2020 dollars)?
If in the year 2030, US gross domestic product is $40 trillion (2030 dollars), and the GDP deflator then is 400 (2020 = 100), then the real 2030 GDP (in 2020 dollars) will be of around $10 Trillion.
What is gross domestic product?In any nation, various goods and services have been provided and produced within the nation.
These goods and services are sometimes referred to as "gross-domestic products," which is the net usage of products within a nation as per the given data. GDP in the year 2030, according to 2020, is around 10 trillion dollars.
After using the following formula, it is easy to find out the GDP:
GDP deflator = Nominal GDP ÷ Real GDP × 100
= 400 ÷ 40 × 100
= 1,000
Therefore, the gross domestic product has a huge impact when it comes under the deflator category that is around $10 Trillion.
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After class one day, you are in a hurry to meet a friend and accidentally leave your textbook in the classroom. You soon realize you do not have your book and return to the classroom to get it. Unfortunately, the book is gone. You go to lost and found, but no one has returned it. Later, you find out that someone took your book and sold it. What crime was committed by the person who took your book?.
If unfortunately, the book is gone. You go to lost and found, but no one has returned it. Later, you find out that someone took your book and sold it. The crime that was committed by the person who took your book is; Larceny .
What is Larceny?
Larceny can be defined as the way in a person take or steal what does not belong to them or when a person commit a theft by taking another person item or property.
Based on the scenario the crime that was committed is known as Larceny due to the fact the person took another person book which does not belong to him/her.
Therefore If unfortunately, the book is gone. You go to lost and found, but no one has returned it. Later, you find out that someone took your book and sold it. The crime that was committed by the person who took your book is; Larceny .
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Taylor started a small business a little less than 10 years ago. The business employed several social workers and nurses that visited and cared for persons who had left hospital care, but were not quite ready to be on their own at home. As the ceo of the firm, taylor decided it was time to hire a business operations manager and a marketing manager to handle the details of the business. Which function of management was taylor primarily performing?.
Taylor, the company's CEO, thought it was time to appoint a marketing manager and a manager of business operations to handle the operational aspects of the company. While performing this she was primarily performing the organizing function of management.
Management function is the process of organizing, directing, planning, and overseeing the work of organizational members as well as the management of organizational resources in order to achieve certain goals.
Organizing (management), is the process of matching task objectives and actions to available resources. Communities get together to work in their common self-interest through community organization. It is a sector of the economy centered on developing systems of organization for both individuals and corporations.
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The suppliers of denver press offer the firm 30 days credit on all its purchases. Denver press has an average payment period of 84 days as compared to its industry average of 43 days. Which of these statements applies to denver press?.
The suppliers of Denver press offer the firm 30 days credit on all its purchases. Denver press has an average payment period of 84 days as compared to its industry average of 43 days. In this case, the Denver press is most likely abusing its credit terms.
What is average payment period?
The term "average payment period" refers to the average number of days it takes a business to pay its supplier the amount due. In contrast, the average collection period measure shows how long it typically takes a business to collect and turn its accounts receivable into cash.
The average payment time helps the main decision-makers in determining how quickly the business can pay off its credit liabilities and purchases. If the results are positive, the business may also benefit from special offers that suppliers make for a limited time.
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In the context of employee separation, _____ is a personal reason for leaving a job.
In the context of employee separation, change in career aspirations is a personal reason for leaving a job.
There are only two reasons for employees to leave a job, first, they are asked to leave, second, they leave voluntarily for a change in career aspirations. Thus, there are very different ways to handle voluntary and involuntary termination.
So there are many people who leave jobs as they are getting a better job opportunity available elsewhere. When this happens, the employees may offer their managers the opportunity in order to top the better job offer.
Hence, employees tend to leave a job because they are unhappy in their work and believe they can be happier elsewhere.
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on january 1st, 2003, the bolivar was trading at bs1400/$. by february 1st, its value had fallen to bs 1950/$. many currency analyst and forecasters were predicting that the boliviar would fall and additional 40%
Percentage change in January is 28.21% = Bolivar
What is economic crisis ?The term "economic crisis" refers to a situation where a country's economy has a sudden decline in strength, which is typically caused by a financial crisis. The current economic situation could manifest as stagflation, a recession, or an economic depression.
Financial crises include things like stock market crashes, credit crunches, financial bubble bursts, sovereign defaults, and currency crises. A financial crisis may just affect one nation or one area of the financial services industry, but it is more likely to extend internationally or regionally.Learn more about Economic crisis here:
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which two are the most common unethical behaviors when it comes to competition in business? multiple select question. economic espionage sale of faulty products privacy violations corruption
The two most common unethical behaviors when it comes to competition in business are c. moral idealism and d. utilitarianism.
Most commonly associated with technology-intensive industries, including coatings. Unethical behavior occurs when people behave badly, immorally, unfairly, or inappropriately. Business ethics defines corporate behavior as ethical or unethical. A company with good ethics seeks to make a profit for its owners while acting ethically.
Unethical conduct is conduct outside of what is considered morally right or appropriate for a person, profession, or industry. Individuals, like businesses, professionals, and politicians, can act unethically.
Disclaimer:- your question is incomplete, please see below for the complete question.
a. hedonism
b. normative ethics
c. moral idealism
d. utilitarianism
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some individuals do not directly consume a product but accrue indirect benefits from others who do consume the product. as a result, there is a(n) .
some individuals do not directly consume a product but accrue indirect benefits from others who do consume the product. as a result, there is a(n) under allocation of resources to the beneficial product.
What is under allocation of resources?When resources are not properly managed, they are either allotted too little or too much. When resources are under-allocated, it signifies that there are more available than are required to finish the task at hand. Lower levels of production and potential are the outcomes of this. Resources are what you employ to complete your project (i.e., people, tools, and capital.) Resources are scarce and will always be needed for projects. A project manager's work is therefore important because of the practice of resource allocation in project management. It is the method of allocating and planning available resources most effectively.To learn more about under allocation, refer:
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Helena works out at a health club, goes to yoga classes, and reads magazines about women’s health to satisfy her inner desires. Which of maslow’s needs is wendy fulfilling?.
Helena works out at a health club, goes to yoga classes, and reads magazines about women’s health to satisfy her inner desires. Wendy is fulfilling Maslow's esteem.
A motivational theory in psychology that describes the needs that motivate human action is called Maslow's hierarchy of needs. The first two tiers of needs—food, water, security, and safety—are regarded as fundamental need. The need for interpersonal interactions and social ties is the basis of the third level of needs, which is regarded as psychological. Maslow's hierarchy of requirements has four levels, the fourth of which is focused on emotions and the desire for self-respect and self-esteem. Confidence, courage, self-belief, social and personal acceptability, and respect from others are all aspects of self-esteem. One of the crucial phases in reaching satisfaction or self-actualization is the fulfilment of these needs.
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in the united states, a vast amount of storage space was required to keep surplus crops and farm products were stored in unused warships because all the storage facilities on land had been filled to capacity. a series of bumper crops could lead to the federal government’s having more wheat in storage than was grown by american farmers all year. what policy led to these situations?
Just as a charge set beneath the level that could be triumphant by way of deliver and demand in a unfastened marketplace has a tendency to purpose extra to be demanded and much less to be provided, growing a scarcity on the imposed price.
So a price set above the unfastened marketplace level tends to cause greater to be furnished than demanded, creating a surplus.
Surplus from this yr's wheat harvest, offered by means of the authorities from farmers, sits moldering in muddy fields here in Punjab state. some of the previous 12 months's wheat surplus sits untouched, too, and the years earlier than that, and the years before that.
Even as kind of one-fifth of farming earnings within the united states comes from government subsidies, greater than 40 percentage of farming profits in nations of the eu Union comes from such subsidies, as does an absolute majority of the farming earnings in Japan.
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a distributor is a person or an organization that helps another company sell its goods and services to customers. distributors are considered external stakeholders.
a distributor is a person or an organization that helps another company sell its goods and services to customers. distributors are considered external stakeholders.
This statement is true.
A distributor is an intermediary entity who lies between the producer of any product and the another entity in the distribution channel or it can be the supply chain.
It can be a retailer or a value-added reseller or VAR or a system integrator or SI .
A distributor is known as the only person who distributes different goods in a specific area. He is the only source for the retailers as well as the dealers to purchase that product in the area.
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A journal entry that debits work in process and credits manufacturing overhead is recording the ______.
A journal entry that debits work in process and credits manufacturing overhead is recording the application of manufacturing overhead cost.
What do you mean by manufacturing overhead cost?
Manufacturing overhead costs (MOH) are the sum of all indirect costs incurred in the production of a product. It is added to the price of the final product along with direct material costs and direct labor costs. Typically, manufacturing overhead costs include depreciation of equipment, wages and salaries paid to factory personnel, and electricity used to operate the equipment.According to GAAP (Generally Accepted Accounting Principles), manufacturing overhead should be included in the cost of finished goods in inventory and work-in-progress inventory on the manufacturer's balance sheet and on the cost of goods income statement.To learn more about manufacturing overhead cost, refer to:
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a business has the following transactions: the business receives cash and issues common stock to stockholders. the business purchases of office supplies on account. the business purchases of furniture on account. the business performs services for various clients totaling on account. the business pays for salaries expense and for rent expense. the business pays to a supplier for the office supplies purchased earlier. the business collects from one of its clients for services rendered earlier in the month. at the end of the month, all journal entries are posted to the ledger. accounts receivable will appear as which of the following?
When all journal entries are made to the ledger at the end of the month, we have an accounts receivable balance of $7,000 after recording a debit of 11,000 and a credit of 4,000.
When a business sells something, the buyer typically has two payment options: they can pay now, which would be considered a cash transaction or they can pay later, which is actually a credit sale. At the time of sale, accounts receivable are debited in this way.
A journal entry is used to record a business transaction in the company's accounting records. Journal entries are often made in the central ledger, but they may also be produced in a subsidiary ledger and subsequently rolled forward into the general log after being summarised.
Let's list the occasions that affect receivables:
1. The company provides services to numerous clients for a total of $11,000 on account debit, which results in $11,000 in receivables since we are due money.
2. The company receives $4,000 from a client for services done earlier in the month and credits $4,000 in receivables because we now owe less money to our clients.
As a result, there is an 11,000 debit, a 4,000 credit, and a $7,000 balance.
A business engages in subsequent transactions. The company gets $22,000 in cash and distributes ordinary shares to investors. buys office supplies for $800 using a business credit card. On credit, the company spends $3,000 on furniture. This company provides services for numerous clients on accounts of $11,000. The company spends $3,000 on payroll costs and $3,500 on rent costs. A company pays an outside vendor $800 for previously bought office supplies. A company receives $4,000 from its clients at the beginning of the month in payment for services provided.
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item 21 the fact that businesspersons are expected not to harm customers, clients, and competitors knowingly through deception, misrepresentation, coercion, or discrimination is part of the practice of
practice of Fairness and honesty
Since honesty is the antithesis of lying, everything you say would be flawlessly truthful. Fairness would be a treatment or action with which everyone can agree, regardless of who or what they are. Because everyone would agree, it is not contentious. Being honest entails telling the truth to both ourselves and others. It entails having enough compassion for people to refrain from deceiving them for your own gain. It entails accepting responsibility for our errors, even when we must confess them to others or when doing so might put us in danger. Fairness is conducting oneself justly and basing judgments, particularly significant ones, on facts rather than preconceived notions.
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Holding the prices of goods constant, how does an increase in income affect consumer spending on necessities versus luxuries?.
Spending on pleasures rises slowly as income rises, whereas spending on essentials rises sharply. When a consumer's income rises, they are more likely to purchase more needs and spend more money on luxuries, though more slowly.
What exactly are needs and extras?If a need is something that everyone needs, then a luxury must be something that no one genuinely needs but that many people want. But the word in the dictionary goes a little bit further. The definition of a luxury is "an inessential, desirable product that is expensive or difficult to attain."
An essential can be owned by virtually anybody, while a luxury can only be owned by a small number of individuals, or at the very least, very infrequently. Contrary to necessity, people buy luxuries in addition to their inherent brilliance to reaffirm and demonstrate their social and economic standing.Learn more about Necessities and luxuries here:
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Blissful breeze manufactures and sells ceiling fans. Each fan has a unit product cost of $112 and a unit selling price of $190. If blissful breeze produces 900 fans and sells 842 fans this month, the total cost of goods sold will be $_________-.
Ceiling fans are manufactured and marketed by blissful breeze. The unit product cost per fan is $112, while the unit selling price is $190. The total cost of products sold will be $94,304 if blissful breeze makes 900 fans and sells 842 fans this month.
Cost of goods sold = number of fan sale × cost per unit
product cost X amount sold
$112 X 842 = $94,304.
Manufacturing is the process of creating items through the use of systems, manpower, equipment, tools, and biological or chemical processing or components. It embodies the primary characteristics of the secondary economic zone.
A producer is a person or company that turns raw materials into finished goods using a variety of tools, techniques, and equipment before selling the goods to consumers, wholesalers, distributors, shops, or other producers who can use them to make more complex goods. Manufacturing is defined as the process of introducing new goods made either from raw materials or components.
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In california, proposition ______ restricted increases on real estate taxes, making it difficult for localities to raise money.
In California, Prop. 13 limits Real estate tax increases, making it difficult for communities to raise funds.
Real estate or real estate is real estate such as land and buildings. The term can also refer to the business of buying, selling, or investing in houses, land, or another real estate.
Real estate is the engine of the economy and generates most of the wealth of American households. Examples of real estate are everywhere around us: homes, offices, shopping malls, hospitals, farms, etc. Unexplored land at a certain distance from our city is real estate, and so is the road that leads us there. A lot of people like to work and invest. Because these assets are tangible in nature. Realis is a Latin term meaning being and fact. According to Etymonline.com, real is used in a Middle English legal context to refer to real estate (eg, a house, building, or structure) that is not personal property such as clothing or furniture.
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Amc issues a note in exchange for a machine with no stated interest rate. in accounting for the transaction:_____.
AMC issues a note in exchange for a machine with no stated interest rate. in accounting for the transaction: if fair values of the note and machine are unavailable, the note should be recorded at its present value, discounted at the market rate of interest. Option C
This is further explained below.
What is the market rate?Generally, The price that consumers typically pay for an item or service in a competitive market is considered to be the market rate for that good or service.
The tendency of manufacturers and workers to react to an increase in demand by raising the price they require will, as a result, lead to an increase in the market rate.
When there is less demand, prices on the market often go down as well.
A finalized agreement between a buyer and a seller to trade products, services, or financial assets in exchange for monetary consideration is a transaction.
Additionally, the phrase is often used in the field of corporate accounting. When it comes to the accounting of a firm, even this simple term may become difficult.
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CQ
AMC issues a note in exchange for a machine with no stated interest rate. In accounting for the transaction,
A. both the note and machine are recorded at the face amount of the note or the fair value of the machine, whichever is more clearly determinable.
B. the machine should be depreciated over the note's term to maturity
C. if fair values of the note and machine are unavailable, the note should be recorded at its present value, discounted at the market rate of interest.
D. the note is recorded at its face amount unless the fair value of the machine is readily available.
If buyers and sellers both expect future prices to increase, what will happen to the current equilibrium price?.
If buyers and sellers both expect future prices to increase, the current equilibrium will increase.
How does market condition affect equilibrium price?When the price ceiling is less than the equilibrium price, then the quantity demanded will eventually exceed the quantity supplied and the higher demand will lead to shortages.
In this case the equilibrium price is less than the price ceiling which is the reversal of the above where in the demand will be less and therefore the products will be available for all the consumers.
When the price is too low than the quantity demanded increases than the supplied quantity. this leads to shortage and consumers who can afford the goods are happy as not all can get the product due to a a higher price.
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