Raleigh department store uses the conventional retail method for the year ended december 31, 2019. available information follows:
the inventory at january 1, 2019, had a retail value of $50,000 and a cost of $36,200 based on the conventional retail method.
transactions during 2019 were as follows:
cost retail
gross purchases $333,900 $540,000
purchase returns 6,400 15,000
purchase discounts 5,500
gross sales 500,000
sales returns 8,000
employee discounts 5,500
freight-in 29,000
net markups 30,000
net markdowns 15,000
sales to employees are recorded net of discounts.
the retail value of the december 31, 2020, inventory was $104,325, the cost-to-retail percentage for 2020 under the lifo retail method was 70%, and the appropriate price index was 107% of the january 1, 2020, price level.
the retail value of the december 31, 2021, inventory was $53,350, the cost-to-retail percentage for 2021 under the lifo retail method was 69%, and the appropriate price index was 110% of the january 1, 2020, price level.
required:
assume raleigh department store adopts the dollar-value lifo retail method on january 1, 2020. estimating ending inventory for 2020 and 2021.

Answers

Answer 1

The total Ending Inventory at Dollar-Value LIFO Retail Cost is = $67,570.00

What is inventory?The items and supplies that a company keeps on hand with the intention of selling them, using them in manufacturing, or using them for other purposes are referred to as inventory (in American English) or stock (in British English).Specifying the size, shape, and location of stored commodities is the main focus of inventory management.Preceding the normal and scheduled course of production and material stock is necessary at several places inside a plant or throughout a supply network.By defining work in process (or work in progress) broadly as "any work that is or has occurred prior to the completion of production," the term inventory has been expanded beyond manufacturing systems to service firms and projects.

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Related Questions

Which of the following options is a strong argument for why you should receive a raise?

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Pay is a major factor in why people leave their occupations, among many other factors. Pay is linked to several indicators of job satisfaction in addition to helping your staff cover their living expenditures. Giving the appropriate starting salary and maintaining inflation rates is insufficient. It might be expensive to hire a new employee. Staff raises will not only aid in employee retention but also boost productivity as morale rises. Exceeding Expectations, Loyalty, Seeking Professional Development, Producing High-Quality Work, Driving Sales and Revenue, Possessing Special Skills and Talents, Demonstrating a Positive Attitude, Being Responsible, Taking Initiative, and Going Above and Beyond are the reasons they deserve a raise.

A raise is an increment in the wage or hourly rate that an employee is paid for services rendered to a company.

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frustrated that she was working many hours for someone else, morgan decided to start her own business. she could work when she wanted to and take a day off as needed instead of having to work on a set schedule. morgan was likely influenced by when starting her own business.

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An entrepreneur needs to be flexible in their thinking and have the resources at their disposal to recognize and seize new and impending opportunities.

What motivates someone to launch a business?Achievement, Challenge, and Learning: The difficulty of employing technology to solve a problem has inspired thousands of businesspeople both domestically and internationally to find some of the biggest and most prosperous corporations in history. I believe that everybody who has a strong urge for self-expression and a desire to create can benefit from this motivation.Independence and Autonomy: Humans have strong, compelling impulses for independence and autonomy. Entrepreneurs choose their partners, set their objectives, and take responsibility for the results of their actions.Income Security and Financial Success- I believe that these two motivations—income security and financial success—are essentially two. The desire to found the next "unicorn," a privately owned business with a valuation of over $1 billion, drives some entrepreneurs. The entrepreneur looking for financial security is far more typical.Recognition and Status: Entrepreneurs who generate significant riches for themselves, their families, and their communities do not necessarily have the status of model citizens that we want for our children.Family- Family-owned businesses are frequently the only means of preserving economic and social stability in many parts of the world. Family stability is a strong motivator for young entrepreneurs seeking a career.Unhappiness with the Current Work Arrangements- Strong motivators for potential entrepreneurs include a nasty boss, insufficient income, workplace discrimination, forced retirement, and no opportunities for promotion.Society and social motivation: The urge to give back to the community or to address a persistent social issue drives many entrepreneurs.What aspect of the business is most crucial?

The majority of businesses are successful because they offer a decent enough product or service. According to multiple research findings, the largest problem for small businesses is marketing, sales, and money. But money management is the one crucial element that most often determines success and failure.

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David earned a salary of $43,500 in 1994 and $89,000 in 2010. The consumer price index was 148. 2 in 1994 and 215. 3 in 2010. David’s 1994 salary in 2010 dollars is.

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David earned a salary of $43,500 in 1994 and $89,000 in 2010. The consumer price index was 148. 2 in 1994 and 215. 3 in 2010. David’s 1994 salary in 2010 dollars is $63,195 by theory.

The Consumer Price Index (CPI) is a gauge of how salary paid by urban consumers for a market basket of goods and services have changed on average over time. The Consumer Price Index (CPI) tracks changes in consumer prices on a monthly basis in the United States. The cost-of-living index (CPI) is determined by the Bureau of Labor Statistics (BLS) as a weighted average of prices for a sample of products and services that is indicative of total consumer expenditure in the United States. The CPI is among the most widely used indicators of inflation and deflation. In contrast to the producer price index (PPI), which tracks changes in the prices paid to American producers of goods and services, the CPI report has a different survey methodology, salary sample, and index weights.

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What is an unintended consequence when government sets a price control on rental apartments?.

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While rent control advocates hope that lower-income households will benefit from lower-cost housing, the market distortions caused by capping prices can cause unintended consequences, including reducing construction, hastening the deterioration of housing stock and reducing mobility.

Advocates can fight for sufferers' rights in scientific settings, help customers navigate the criminal system, and help people with mental troubles to discover the help they need. Another vicinity of advocacy is legislative wherein advocates can paint in the direction of converting laws in favour of their customers' needs. To locate success as an advocate, you want to recognize what your obligations may be. Whilst your tasks may differ relying on the enterprise you’re in and the kind of business enterprise you work for, the core duties are universally the identical

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What label is used by both the bcg matrix and the ge business screen to identify a classification of businesses?

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The  label  that is been used by BOTH the BCG Matrix and GE Business Screen to identify a classification of businesses is Winners.

What is the function of a label in the business?

A business label  can be described as the  information that is been attached to a particular product  so that the buyers as well as potential buyers can see it and this help to convey certain information to the consumers.

In conclusion, this can be in form of  fabric, paper or metallic however it should  follow the guidelines of the agency tasked with the regulation, hence label  that is been used by BOTH the BCG Matrix and GE Business Screen to identify a classification of businesses is Winners.

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in the rare circumstance that production of an important good or service has been hobbled by asymmetric information, how might the government intervene?

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In rare cases, governments intervene when the production of imported goods or services is hampered by asymmetric information. Adverse selection and moral hazard.

Production is the process of combining different tangible and intangible resources to produce something for consumption. The act of creating a result, product, or service that has value and contributes to people's usefulness.

Production is the process of producing or growing something in large quantities. complete production. Manufacturing is the process of producing or growing something in large quantities. An example of manufacturing is automobile manufacturing. Cars are built by assembling parts. For example, rubber tires are added to the metal body to fit the seats before the car rolls off the assembly line. “Production is an organized activity that turns resources into finished products in the form of goods and services. The purpose of production is to satisfy the demand for such transformed resources.”

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A joint venture allows companies to pay a fee plus a percentage of the profits in return for using a company’s name and assistance with management, marketing, and the training of managers and nonmanagement employees. True or false?.

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It is a false statement that joint venture allows companies to pay a fee plus a percentage of the profits in return for using a company’s name and assistance with management, marketing and the training of managers and nonmanagement employees.

What is a joint venture?

Basically, as a form of ownership, the joint venture refers to a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task

In conclusion, rather, a franchising is the process that allows companies to pay a fee plus a percentage of the profits in return for using a company’s name and assistance with management, marketing and the training of managers and non-management employees.

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Harper loves adidas apparel for its style and comfort. She needs running pants and purchases a pair with the adidas logo. This is an example of which type of purchase decision?.

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The stated case of Harper where she loves a particular brand and buys products with its logo is an example of limited problem solving.

More about limited problem solving:

A sort of buying choice known as Limited Problem Solving requires a bit more thought or concern .For instance, when making a purchase, we might take different things into account. Perhaps we think about how much to spend. Limited problem solving is employed when consumers seek details on a new brand within a well-known product line or when they occasionally purchase products.

When buying a new, expensive, or infrequently purchased goods, consumers engage in lengthy problem solving.

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The stated case of Harper where she loves a particular brand and buys products with its logo is an example of limited problem solving.

More about limited problem solving:

A sort of buying choice known as Limited Problem Solving requires a bit more thought or concern .For instance, when making a purchase, we might take different things into account. Perhaps we think about how much to spend.

Limited problem solving is employed when consumers seek details on a new brand within a well-known product line or when they occasionally purchase products. When buying a new, expensive, or infrequently purchased goods, consumers engage in lengthy problem solving.

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A builder has located a piece of property that she would like to buy and eventually build on. The land is currently zoned for four homes per acre, but she is planning to request new zoning. What she builds depends on approval of zoning requests and your analysis of this problem to advise her. With her input and your help, the decision process has been reduced to the following costs, alternatives, and probabilities:Cost of land: $2 million.Probability of rezoning: 0.40.If the land is rezoned, there will be additional costs for new roads, lighting, and so on, of $1 million.If the land is rezoned, the contractor must decide whether to build a shopping center or 1,500 apartments that the tentative plan shows would be possible. If she builds a shopping center, there is a 70 percent chance that she can sell the shopping center to a large department store chain for $6 million over her construction cost, which excludes the land; and there is a 30 percent chance that she can sell it to an insurance company for $4 million over her construction cost (also excluding the land). If, instead of the shopping center, she decides to build the 1,500 apartments, she places probabilities on the profits as follows: There is a 40 percent chance that she can sell the apartments to a real estate investment corporation for $3,100 each over her construction cost; there is a 60 percent chance that she can get only $2,520 each over her construction cost. (Both exclude the land cost.)If the land is not rezoned, she will comply with the existing zoning restrictions and simply build 500 homes, on which she expects to make $3,500 over the construction cost on each one (excluding the cost of land).a. What is the expected value for the rezoned shopping center?b. What is the expected value for the rezoned apartments?c. What is the expected profit, if the land is not rezoned?d. What is the expected net profit?

Answers

Based on the cost of land, the probability of rezoning, and the apartments to be built, the expected value of the rezoned shopping center is $4.4 million.

The expected value for the rezoned apartments would be $3.128 million.

The expected profit, if the land is not rezoned is $1.75 million.

The expected net profit is $0.81 million.

What is the expected value?

If the land is to be rezoned and a shopping center is built, the expected value would be:

= (5 x 0.7) + (3 x 0.3)

= $4.4 million

Should the land be rezoned and apartment buildings are constructed, there would be no land costs:

= (3.65 million x 0.4) + (0.6 x 2.78 million)

= $3.128 million

The expected profit if the land is no longer rezoned is:

= 3,500 x 500 homes

= $1.75 million

The expected net profit is:

= (0.4 x 4.4 million) + (0.6 x 1.75 million) - 2 million cost of land

= $0.81 million

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Used by many smaller companies to help streamline procurement or distribution processes, ________ is an internet site whose purpose is to be a major starting point for users when they connect to the web.

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A web portal is a website that serves as the primary entry point for visitors when they connect to the internet. It is used by many smaller businesses to help expedite procurement or distribution operations.

What is a Web Portal?

A portal is a web-based platform that compiles data from several sources into a single user interface and shows consumers the information that is most pertinent to their situation. Simple online portals have developed into platforms for digital customer experience efforts over time.

Web Portals Are Changing Into Platforms for Digital Experiences

Portals represent an early paradigm change for businesses operating online, where websites were created with the user rather than the business in mind. A portal should enable a company to create websites and navigation that are based on user demands rather than an internal organizational structure.

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Demand is defined as a sincere desire for having a good. true false

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It is true that demand is defined as a sincere desire for having a good.

What is demand?

Demand is the number of customers that are able and willing to buy products at various price points during a predetermined time frame. Demand for any good or service shows that consumers are interested in it and are ready, willing, and able to make a purchase.

What are Determinants of Demand?

There are five main factors that drive demand:

•Product/service price

•Buyer's income

•Prices of substitute goods

•Consumer preferences

•Consumer expectations for a change in price

What is the Law of Demand?

The law of demand states that when prices rise, demand will fall. When prices fall, demand will rise.

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review the following credit terms and identify the one that states that the buyer will receive a 3% discount if the payment is made within 15 days. otherwise, full payment is expected within 45 days of the invoice date.

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At a 3% discount, if the payment is made within 15 days, the full payment is expected within 45 days of the invoice data. including that 3%.

A discount is a reduction in the regular price of a product or service to generate or increase sales. These rebates, also commonly referred to as sales or markdowns, are used by both retailers and manufacturers in various industries.

Discounts lead to a lower selling price for your product, making it more attractive to your customers. Price reductions have a psychological effect on customers leading to a purchase. There are two types of discounts offered: transaction discounts and cash discounts.

A sales discount is a discounted price offered by a company for a product or service. Learn how to add discounts to your bill. A sales rebate, also commonly referred to as a discount, offers a company's customers a discounted price on one or more products or services offered by the company.

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Tanya is a single low-income working parent, and fred is a single high-income working parent. because of her status, tanya, but not fred, may be eligible for the?

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Tanya is a single low-income working parent, and Fred is a single high-income working parent. Because of her status, Tanya, but not Fred, may be eligible for the Earned Income Tax Credit (EITC).

The Earned Income Tax Credit (EITC) refers to a tax break that is given to low and moderate income workers and families, like Tanya. The credit can be used to reduce the taxes owned by people from these categories. If their tax credit exceeds their tax liabilities for a given year, these taxpayers are eligible for refunds.

The scheme was conceived of as a ‘work bonus plan’ to supplement the earnings of low income workers. It is understood to be an anti-poverty tax benefit.

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Increased environmental complexity and uncertainty make the manager's job even more important now than it was 20 or 30 years ago. true/ false

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The statement "Increased environmental complexity and uncertainty make the manager's job even more important now than it was 20 or 30 years ago. " is True

This is further explained below.

Who is a manager?

Generally, Management is the process of administering an organization, whether that organization is a for-profit enterprise, a not-for-profit group, or a governmental agency. The administration of a company's available resources is both an art and a science.

In conclusion, for a person working in people management, a manager's job is to regulate and enforce the laws of a working environment as well and the case of  environmental complexity is one we have to tackle with administration, hence the manager's job has been made more important

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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

If  she begins to express her frustrations by accusing employees of not fully executing the solution as described in her plan. The  style of decision making raven use is: Rational.

What is rational decision making?

Rational decision making can be defined as the way a person tend to detect problems or situation they want to rectify or solve by evaluating and analyzing the problems  and then choose  a solution  among the different alternatives they have so as to solve the problem.

Based on the scenario the manager is making use of what is called rational decision making process which is why she often create alternative solutions and then evaluate them so as to find solution the to the problems.

Therefore If  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. The  style of decision making raven use is: Rational.

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beverage companies such as pepsi and coca-cola have recently come under scrutiny for the amount of sugar in their products and how this contributes to the high numbers of people in the united states who are obese. as a response to this negative attention, and because of coca-cola's desire to promote good nutrition and well-being, the company has changed its packaging and now offers smaller bottles and cans. in addition, coca-cola is committed to zero-waste initiatives and is using plant-based products and recyclable materials in its packaging. which marketing management philosophy best applies to coca-cola?

Answers

The marketing of management philosophy best applied to coca-cola is societal marketing.

The concept of marketing is not yet fully accepted by all organizations. coke. Coca-Cola is another company known for its market focus. A lot of research has been done to identify new flavors that consumers actually like, such as wild strawberry and lime.

The key to Coca-Cola's success is its focus on the brand rather than the product. Coke does not sell bottled soft drinks. Coca-Cola uses a differentiated competitive strategy to improve its core competitiveness, brand awareness, customer loyalty, and value perception to gain a dominant position in the industry. The modern marketing concept has his four pillars: consumer focus also known as consumer satisfaction, target market, integrated marketing, and profitability.

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Nina is a social media manager for a small indoor trampoline business. Nina’s job is important because she spreads the word about their special events. What quality might Nina have that would be useful in her career?

Nina likes to work with her hands and create things.

Nina loves science and understanding how things work.

Nina is a good listener who is very understanding.

Nina is outgoing, positive, and has fresh ideas.

Answers

Nina is a social media manager for a small indoor business. Nina’s job is important because she spreads the word about their special events. The quality might Nina have that would be useful in her career is Nina is outgoing, positive, and has fresh ideas. Hence, the correct option is D.

What are Social Media?

Social media platforms are those platforms that allow users to have conversations, share information, and create web content on this platform. There are many forms of social media, including blogs, micro-blogs, social networking sites, photo-sharing sites, instant messaging, podcasts, widgets, and more.

Nina's qualities are outgoing, positive, and fresh ideas; these qualities of her help her get motivated throughout her events and towards her work, and she is hardworking in her work and achieving her goal at a definite time.

Nina is a social media manager for a small indoor business. Nina’s job is important because she spreads the word about their special events. The quality might Nina have that would be useful in her career is Nina is outgoing, positive, and has fresh ideas. Hence, the correct option is D.

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Answer: D. Nina is outgoing, positive, and has fresh ideas.

Holding the prices of goods constant, how does an increase in income affect consumer spending on necessities versus luxuries?.

Answers

Spending on luxuries rises sharply as income rises, whereas spending on necessities rises more slowly.

What Is a Luxury Good?Although a luxury item is not required for survival, it is nonetheless seen as very desirable within a culture or civilization.As a person's wealth or income rises, so does the demand for luxury products.Luxury item purchases often rise proportionately to income growth, which is typically more than zero.Rich individuals purchase a disproportionate amount of luxury items because they are pricey.Since a larger portion of their money is spent on living expenditures for those who are not rich, they typically do not purchase luxury products.Conspicuous consumerism, or buying things primarily or exclusively to flaunt one's riches, might include the purchasing of luxury items.

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Ten years ago salmon acqua farming inc. Issued twentyfiveyear ​8% annual coupon bonds with a​ $1,000 face value each. Since​ then, interest rates in general have fallen and the yield to maturity on the bacon bonds is now​ 7%. Given this​ information, what is the price today for such a​ bond?.

Answers

The price of a bacon bond today will be $1,091.08 if interest rates have decreased generally and the yield to maturity is now 7%.

The price is computed as follows:

Bonds Price = Coupon payment x [ [ (1 - 1 / (1 + r)n ] / r ] + Par value / (1 + r)n

= $ 80 x [ [ (1 - 1 / (1 + 0.07) 25 - 10 ] / 0.07 ] + $ 1,000 / 1.0725 - 10

= $ 80 x 9.107914005 + $ 362.4460196

= $ 1,091.08 Approximately

Lenders charge borrowers interest at a percentage of the principal, or the amount lent. Loan interest rates are typically expressed as an annual percentage rate, which is determined each year. The majority of loans and borrowing operations therefore involve interest rates.

People take out loans to cover costs such as mortgages, projects, start-up businesses, college tuition, and other costs. The interest rate refers to how much a lender adds to the debt to reimburse a borrower for using assets. The cost of a deposit account with a bank or credit union is also subject to an interest rate.

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It is especially the case for small businesses that closer interactions and increased agility make __________ relatively more attractive.

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It is especially the case for small businesses that closer interactions and increased agility make domestic suppliers relatively more attractive.

A domestic supplier is what?

Contracting for products or services that are produced or supplied within the borders of the buyer's native nation is known as domestic sourcing. The "Buy American" or protectionist issue, which is being discussed at the highest levels of all major countries, is increasingly focused on domestic sourcing.

According to Section B of the standard conditions of its electricity and/or gas supply licence, which is in force in accordance with standard condition 3 of that licence, a supplier is permitted to supply electricity and/or gas to domestic premises. This supplier is referred to as a domestic supplier.

The technique of obtaining your goods and/or raw materials from regional or "domestic" sources is known as domestic sourcing.

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this statement is false , because: cute camel’s total current asset balance actually increased from $9,000 million to $11,250 million between year 1 and year 2 cute camel’s total current liabilities balance increased from $1,350 million to $1,688 million between year 1 and year 2 cute camel’s total current liabilities balance decreased by $2,250 million between year 1 and year 2

Answers

This statement is True because Cute Camel's retained earnings balance is increased between the end of years 1 and 2.

A significant excess of current assets over liabilities basically indicates that the company should be able to meet its short-term obligations. Multiple metrics can be used in this type of liquidity-related analysis including cash ratios current ratios and quick ratios.

According to accounting tools, a debit entry increases the asset account and a credit entry decreases the asset account. For example, if he credits $5,000 to the small business record inventory account the account is reduced by $5,000. Profitability declines as the ratio of liquid assets to total assets increases. This is because current assets are assumed to be less profitable than fixed assets, and assuming current liabilities remain unchanged NWC increases.

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The cost pool activity rate for engineering costs would be closest to?

Answers

Answer:

The cost pool activity rate for Engineering Costs would be closest to c) $13.85 per engineering hour. With an activity-based costing

Explanation:

improving mental health services in low- to medium-income countries is not as costly as some may think. an investment of only $2-4 per capita would have a major impact on millions of lives.

Answers

Conclusions Low tiers of family income are related with numerous lifetime mental disorders and  attempts, and a discount in family profits is related with improved hazard for incident mental disorders.

Is mental health worse in developing countries?

Perception of mental health in developed countries

Firstly, richer nations have higher charges of mental fitness issues compared to poorer countries.

For example, Australia and New Zealand, each identified as high-income countries, had the absolute best lifetime prevalence quotes of anxiousness — 8% and 7.9%, respectively.

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You sell shares of a stock short for $ per share. you want to limit your loss on this transaction to no more than . what order should you place?

Answers

The Share Price Would be $67 Each and $12,000 would be the cost of selling 200 shares short at $60 a share.In order to meet my commitment, I will need to purchase 200 shares from the market.

I would now experience a loss if the share price rose above $60. I will be prepared to spend no more than $13400 ($12000 plus $1400) to purchase 200 shares in order to keep this loss to $1400.

Further Scenario Consideration.

Thus, $13400 / 200 = $67 would be the most I would be willing to pay for one share.

The response is as follows:

Put down a stop loss order to purchase 200 shares at $67 each.

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Correct Question - You sell 200 shares of a stock short for $60 per share. You want to limit your loss on this transaction to no more than $1, 400. What order should you place? You shroud place a stop-loss order to buy 200 shares at $ .

A corporation seeking to sell new equity securities to the public for the first time in order to raise cash for capital investment would most likely?

Answers

A corporation aiming to sell new equity stakes to the public for the first time to submit cash for capital investment would most likely conduct an IPO with the help of an investment banker.

What Instruments Are Used in the Capital Market?

Mutual reserves, treasury bonds, private sector bonds, stocks, asset-backed securities, options, lease certificates, and futures agreement instruments are used in the capital markets.

Secondary markets are markets operated by corporations to raise cash by issuing guarantees for a short period. Corporate security issuers are directly involved in fund transfers in the secondary market.

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Amari is currently in the process of handling a service breakdown with a customer. what type of messages should amari use to have the best chance of resolving the situation positively?

Answers

Amari should solve the issue of service breakdown by sending an apology letter/ message to the customer.

Service breakdown happens in every organization at one point of time when they are unable to meets the expectation of customers. So, basically service breakdown is when an organization's products or services are unable to meets the desired expectations of the customers.

In case of happening of service breakdown organization's first step must be to give an apology letter to the customers. A sincere and heartfelt apology letter should be given in a way that customer do not feel like it is a kind of formality but in a way that shows that whole of the organization mean it. The organization in some cases can also take back the ownership of the

These phrases can help you demonstrate your sincere apology with the customer:

We can imagine how frustrating that would be.""We understand. we'd be upset as well."We'll make things right for you.

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ethics are defined as: (check all that apply.) multiple select question. beliefs that distinguish right from wrong. choosing the alternative that will increase the net income of the company. accepted standards of good and bad behavior. determining the value of financial information in a business.

Answers

Ethics are defined as beliefs that distinguish right from wrong or accepted standards of good and bad behavior.

Ethics are the virtue of human behavior, people nurture and develop them as they grow up and mature in life. These act as moral checks in the life of a person and provide guidelines while making decisions that face the choices in their life.

Not everyone has the same moral values or ethics and can vary accordingly from the person to person. General ethical values that people usually have in our society includes integrity, honesty, loyalty, religious, value, honor, conscience, and fairness etc.

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In the video case the world of micro-loans, what product was being produced by a loan recipient in lima, peru that legend says represents financial prosperity?.

Answers

Bull statue was being produced by a loan recipient in lima, Peru that legend says represents financial prosperity.

The famous sculpture of a charging bull by artist Arturo Di Modica, which is called The Charging Bull, is situated in Bowling Green, close to Wall Street in Downtown Manhattan. The de facto emblem of Wall Street and the Financial District as well as a much-liked tourist destination in New York City is the 7,100 lb. charging bull, a strong metaphor of "bullish" market confidence.

The bravery and determination of Americans in general, and New Yorkers in particular, are symbolized by the charging bull. Arturo Di Modica erected the bull as a countermeasure to the excess, greed, and privilege that contributed to the 1987 Wall Street meltdown in this mixing pot of cultures and experiences.

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What is the primary measure that creditors use determine whether to give you credit, decide the terms you are offered, and the interest rate you will pay for a loan?.

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The primary measure that creditors use to determine whether to give you credit, decide the terms you are offered, and the interest rate you will pay for a loan is credit score.

What is credit score?

A credit score  can be described as the  numerical expression  which is been used fol,lowing a level analysis  and this is been carried out on the user credit files.

It should be noted that this help to determine and give the representation of the creditworthiness that an  individual have however the A credit score can be seen as one that is been used base on the  credit report.

In conclusion, primary measure that creditors use to determine whether to give you credit, decide the terms you are offered, and the interest rate you will pay for a loan is credit score and it help to give information about if a person is worth of credit from an organization.

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CHECK COMPLETE QUESTION:

What is the primary measure that creditors use determine whether to give you credit, decide the terms you are offered, and the interest rate you will pay for a loan?.

Credit score

Debit score

credit balance

Netflix focuses on innovation and high individual employee performance. Netflix pursues a differentiation strategy and employees have a significant portion of their pay at risk. True or false?.

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Netflix focuses on high individual performance and innovation as well as pursues a differentiation strategy and employees have a significant portion of their pay at risk is a false statement.

The process of turning an idea or invention into a product or service that adds value and/or attracts customers is known as innovation.

A differentiation strategy is a marketing technique used by businesses to draw customers by providing them with something distinctly different from what their competitors could be offering in the marketplace. Increasing competitive advantage is the key goal of implementing a differentiation strategy.

Netflix uses innovation as well as differentiation strategy for their employees but employees do not have any significant portion of their pay at risk. Therefore the statement is considered false.

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