Someone with a high credit score may be required to make a lower down payment.
What best explains the relationship between a borrower’s credit score and a down payment requirement?.Depending on your credit rating, the required down payment for an FHA loan is either 3.5 percent or 10 percent.The lowest down payment needed for those with credit scores of at least 580 is 3.5 percent.Anyone with a credit score between 500 and 579 will need to put down 10% of the purchase price. A better score may make you eligible for cheaper mortgage interest rates and fees because it gives a lender more assurance that you will make payments on time.If you have a great credit score, some lenders may also lower their down payment requirements. When you apply for a mortgage, one of the most crucial variables that lenders take into account is your credit score.Not merely must meet the requirements for the loan, but also for the terms.Generally speaking, the better conditions and cheaper interest rates you'll qualify for, the higher your credit score.To learn more about down payment refer
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an oilfield contains 6 wells that produce a total of 1,800 barrels of oil per day. for each additional well that is drilled, the average production per well decreases by 15 barrels per day. how many additional wells should be drilled to obtain the maximum amount of oil per day?
33 additional wells should be drilled, reaching 39 wells, to obtain the maximum amount of oil per day.
What is ownership?The act of having legal custody and control over something, whether it be a material item or an intangible one, is known as ownership.Multiple rights that make up ownership, generally known as title, may be distinct and held by various persons.The mechanics of ownership are quite complicated; there are many different ways to acquire, transfer, and lose ownership of something. In order to obtain property, one can pay cash for it, exchange it for other items, win a bet, receive it as a present, inherit it, locate it, claim damages for it, labor for it or provide a service for it, make it, or homestead it.By selling it for cash or exchanging it for another item, one might gain or lose ownership of property.According to our question-
Given that an oilfield has 6 wells that together produce 1,800 barrels of oil per day, and that the average production per well declines by 25 barrels per day for every additional well drilled, the calculation that must be done to obtain the maximum amount of oil per day is as follows:
1800 x 6 = 10800
1200 x 30 = 36000
1000 x 38 = 38000
950 x 40 = 38000
900 x 42 = 37800
975 x 39 = 38025
Therefore, 33 additional wells should be drilled, reaching 39 wells, to obtain the maximum amount of oil per day.
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if edsel uses the gross accounts receivable approach for estimating the allowance for credit losses, the allowance for credit losses account, after the proper adjustments to the accounts are recorded, should show a balance of
When the necessary adjustments to the accounts are recorded, the allowance for credit losses account will display a balance of $3,600 if Edsel estimates the allowance for credit losses using the gross accounts receivable approach.
Gross accounts receivable refers to the total amount of sales that a company has made on credit but has not yet been paid for. The gross receivables figure is regarded as a key indicator of liquidity since it may be used to predict how much cash a company will likely generate in the near future to pay its obligations. Normally, only trade receivables are included in the figure; non-trade receivables are classed separately.
After the necessary modifications to the accounts are recorded, the allowance for uncollectible accounts should show a balance of $3600 if Edsel estimates the bad debt provision using the gross accounts receivable approach.
$180,000 was the final accounts receivable balance.
Uncollectibles 2% (estimated)
Allowance for uncollectible is calculated as follows:
Allowance = $180,000 * 2% = $3,600
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in a single year, germany can raise 100 tons of wheat or produce 1,000 boxes of daisies. in the same growing season, france can raise 50 tons of wheat or produce 750 boxes of daisies. from this information, we know that
In a single year, Germany can raise 100 tons of wheat or produce 1,000 boxes of daisies. we know that the Netherlands has a comparative advantage in raising beef.
Since the 18th century, wheat has been the main grain crop wheat and is used to make white bread, pastries, pasta, and pizza. The early English colonists imported wheat, which gradually replaced other crops as the primary source of income for farmers who sold it to exporters and urban consumers. Tons is the name of a variety of units of measurement. It has a long history and has amassed many interpretations and applications. The majority of it describes weight units.
Both the imperial and U.S. customary systems of measurement use tons as a unit of weight or mass. A ton (T) is equivalent to 2,000 pounds in the American customary system (lb). In the US and Canada, this meaning is primarily utilized.
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marcus is in charge of finding out all of the available export opportunities for his company based in nashville. the best source for him to begin is the us department of blank . multiple choice question. trade treasury commerce security
Option c.) Commerce is the correct answer because, whether you are part of the U.S. Bureau of International Trade. The Department of Commerce provides businesses with comprehensive expertise in international trade and this is the main reason Marcus is in charge.
Trade is defined as the exchange of goods and services between two or more entities. It usually involves buying and selling valuables. Trade can be business-to-business, business-to-consumer, or business-to-consumer. Trade is the large-scale exchange or transaction between actors such as cities, countries, or companies. This includes business-to-business transactions of goods, services, or valuables. After careful observation, we have come to the conclusion that e-commerce has definitely become an important part of our society.
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what are the differences between insider and outsider tactics and what determines which strategy a group uses?
A strategy is a long term plan to achieve a goal, it is an action plan, it gives you the path you need towards your mission. A tactic is a carefully planned action made to achieve a specific objective, it involves better practices, resources and specific plans.
Some differences are:
-Strategy is an action plan, tactics are the actions themselves.
-Strategy is a long term plan, tactics can be short-termed steps.
-The strategy's perspective is broader (big picture), tactics' are narrower (close-up).
I hope you find this information useful and interesting! Good luck!
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Which of the following is a source of diversification economies directly available to equity holders? a.Marketing management b.Production management c.Alliance management d.Distribution management e.Portfolio managment
Portfolio management is a source of diversification economies directly available to equity holders.
Portfolio management is the choice, prioritisation and manage of an company's programmes and tasks, consistent with its strategic goals and ability to deliver. The intention is to stability the implementation of trade projects and the renovation of commercial enterprise-as-regular, at the same time as optimizing return on investment.
Portfolio management allows reduce the funding approach chance to the volume that can't be overlooked. As a result, it complements the chance of earnings. even though the hazard is minimized, portfolio managers recall uncertainties which includes vital illness, permanent disability, or maybe demise.
A portfolio is a collection of projects and/or programmes used to shape and manage investments at an organisational or useful degree to optimize strategic benefits or operational performance. They can be managed at an organisational or functional level.
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the higher the discount rate, all else constant, the lower the present value of future cash flows. group of answer choices true false
The present value of a particular future cash flow also rises with the discount rate. False
This idea helps us figure out how an investment will perform in the future. Discounting is one of the methods used to discover this concept. his enables us to determine whether our investment was sound.
What is money's value of time?
The idea behind the time value of money (TVM) is that a certain amount of money is worth more now than it will be in the future because it has the potential to earn money in the interim.A fundamental idea in finance is that money has a time value.Money in one's possession is worth more than money that will be paid for in the future.
What are the three components of money's value over time?
Money's time value is based on the idea that money today is worth more than money received in the future. Rates, time periods, present value, future value, and payments are the five most important parts of time value.
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jennifer owns a state public purpose bond. she sells the bond and realizes a capital gain of $4,000. prior to selling the bond, the total interest she had earned for the year was $99. considering the sale and the interest amount, calculate the amount she must include in gross income for federal income tax purposes.
$4099 is the amount, Jennifer must include in her gross income for federal income tax purposes.
What is the difference between income and gross income?The amount of money earned in a fiscal year before taxes are referred to as annual gross income. The sum of cash you earn in a fiscal year after certain deductions is your annual net income.
Given
Capital Gain = $4000
Interest earned = $99
Required to calculate Gross income for tax purposes =?
Gross income for tax purpose = $4000 + $99 = $4099
Employee's gross pay is what they earn before taxes, benefits, and other payroll deductions are deducted from their pay. Net pay, also known as take-home pay, is the amount left over after all withholdings are deducted. Their gross income for Jennifer includes capital gain and interest she earned on it.
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the maya are associated with all of the following developments except question 10 options: the use of an advanced numerical annotation system of dots and bars. the founding of large cities. the ayllu system, a system that divided labor obligations among farmers. the creation of a system of writing.
Except for option d, all of the following inventions are attributed to the Maya: the ayllu system, which allocated work duties among farmers.
Except in extreme circumstances like El Nio years, when they had to rely on the Inca storage system, Ayllu were self-sufficient social units that would educate their own children and grow or trade for all the food they consumed. Every member of the ayllu owned a piece of land, and they were all obligated to one another.
The Incan empire's ayllu system was based on parentage, and each ayllu was composed of a separate group with three levels of administration: the family level, the group of families who shared a region, and a larger organizing unit that coordinated all groups.
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amal is designing a website for her property management company and is taking special care to include key words that she knows customers will use when searching for her company and the services it offers. by doing this, she hopes to improve the website's ranking in unpaid search results. amal is engaging in
Amal is attractive in seek engine optimization.
The required details for Search engine optimization in given paragraph
Search engine optimization (search engine optimization) is the procedure of enhancing the high-satisfactory and amount of internet site visitors to a internet site or a internet page from SERPS. search engine optimization objectives unpaid visitors (acknowledged as "natural" or "organic" outcomes) in place of direct visitors or paid visitors. Unpaid visitors can also additionally originate from distinct varieties of searches, including photograph seek, video seek, instructional seek, information seek, and industry-specific vertical seek engines. As an Internet marketing strategy, search engine optimization considers how SERPS work, the computer-programmed algorithms that dictate seek engine behavior, what human beings seek for, the real seek phrases or keywords typed into SERPS, and which SERPS are desired through their focused audience.
Search engine optimization is executed due to the fact a internet site will get hold of greater site visitors from a seek engine while web sites rank better on the seek engine outcomes page (SERP).
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Which of the following is a true statement regarding saving for retirement?
A. In a given year, a taxpayer may participate in either an employer-sponsored defined benefit plan or defined contribution plan but not both.
B. In a given year, a taxpayer who receives salary as an employee and also receives self-employment income may participate in an employer-sponsored defined contribution plan or may contribute to a self-employed retirement account but not both.
C. In a given year, a taxpayer may contribute to an IRA (either traditional or Roth) or contribute to a self-employment retirement account but not both.
D. None of these is a true statement.
The correct option regarding retirement is option D
Option d is none of these is a true statement.
What is the relationship between tax payers and retirement?Once you start making withdrawals from a conventional IRA, you must pay tax at your standard income tax rate on the profits component of those withdrawals. You will be responsible for paying tax at the same rate on each withdrawal's full amount if you deducted any portion of your contributions. IRS Publication 590, Individual Retirement Arrangements, has directions for figuring out how much you owe.
If you have a Roth IRA, you won't pay any taxes on your earnings as they grow or when you make a legal withdrawal. The account must, however, have been open for at least five years for you to be eligible for tax-free provisions on interest and earnings.
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upon being hired as a marketing representative at argo pharmaceuticals, shelly agreed to forego 5% of her normal pay if she failed to meet performance goals. in return, shelly will receive a 10% bonus if she exceeds her goals. in what type of plan does shelly most likely participate?
Earnings-at-risk pay plan will shelly most likely participate.
In part, earnings-at-risk (EAR) incentive plans are intended to improve performance by instilling dissatisfaction with base pay, which prompts increased effort directed toward performance behaviors rewarded with incentive pay.
Employee dissatisfaction with EAR plans in general, and base wages in particular, may, however, have unintended consequences that outweigh any benefits provided by these plans.
Managers who decide to implement an EAR plan should be aware of the negative reactions these plans may elicit from employees, the level of personal control employees actually have over targeted performance behaviors and the need for a level playing field that does not disadvantage newer employees.
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a company reduced a pregnant employee's hours from 40 per week to eight on the basis that she could no longer perform the fundamental requirements of her position. the employee is suing the company. which statute will help the employee's case?
(C) the Pregnancy Discrimination Act will help the employee in this case.
What is Pregnancy Discrimination Act?Pregnancy, childbirth, or other related medical problems are not grounds for discrimination, according to the Pregnancy Discrimination Act of 1978, which amended Title VII of the Civil Rights Act of 1964, 42 U.S.C. 2000e et seq.Because of pregnancy, childbirth, or other related medical issues, employers are not allowed to treat women differently or less favorably under the statutes the EEOC upholds.Employers with at least 15 employees are solely covered by the PDA. The Equal Employment Opportunity Commission is in charge of enforcing it (EEOC). Laws guaranteeing parity in accommodations for expectant workers are also in place in a number of states, including California, Connecticut, and Michigan.Therefore, (C) the Pregnancy Discrimination Act will help the employee in this case.
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Complete question:
A company reduced a pregnant employee's hours from 40 per week to eight on the basis that she could no longer perform the fundamental requirements of her position. The employee is suing the company.
Which statute will help the employee's case?
A) Family Medical Leave Act
B) Women in the Workplace Act
C) Pregnancy Discrimination Act
D) Americans with Disabilities Act
what are the content and purpose of a post-closing trial balance?
A post-closing trial balance is the final trial balance prepared before the new accounting period begins. Used to make sure that beginning balances are correct.
The post-closing trial balance provides a list of all accounts for which closing journals have been submitted and posted to their respective general ledger accounts. It is his third trial balance produced in the accounting cycle to check the total debits and credits.
The post-closing trial balance contains only permanent/actual accounts representing assets, liabilities, and equity. All other accounts (provisional/nominal accounts: income, expenses, dividends) are cleared to zero by the closing posting. The purpose of closing postings is to bring temporary account balances to zero in the general ledger, the record-keeping system for the company's financial records. Temporary accounts are used to record accounting activity for a specific period of time.Learn more about post-closing trial balance here: https://brainly.com/question/24914390
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A seller is willing to sell a product only if the seller receives a price that is at least as great as the?.
Only if the sale price is less than the cost of production would a seller be willing to sell a given item. A market's overall surplus is equal to the sum of its consumer and producer surpluses.
Production is the process of combining different material and immaterial inputs to create something that is intended for consumption. The act of producing a good or service that has value and improves people's utility is known as production. Production is the process of converting unfinished products or raw materials into finished goods or inputs for a manufacturing process. In other words, it refers to the production of something from fundamental components. Making cars materials is an illustration of production. Parts are assembled to create cars. For instance, metal bodies with rubber tires are added to make seats before the car is driven off the assembly line. Production is the act of creating, harvesting, or producing something, as well as the volume of something that was produced.
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When a consumer makes a purchase of a particular product, because they are familiar with the company that makes the product, they are making the decision based on which characteristic?.
The consumer decision process is composed of problem recognition, search, evaluation, and purchase decision.
What is a Consumer?Consumers are those who buy products for their own needs and use or consume them. Although a customer cannot resell the good, product, or service, he or she may use it to support himself or herself and engage in self-employment. Describe a consumer. The person who uses any goods or services on a daily basis is the consumer.
This makes sense because people expect corporations to have more expertise and experience than average consumers. Therefore, it is the responsibility of the company to guarantee that the customer has access to all the information necessary to make an informed choice.
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What would probably not increase the accessibility of the dna for gene transcription?.
Methylation of DNA probably does not increase the accessibility of the DNA for gene transcription.
DNA methylation is a biological process by means which methyl agencies are introduced to the DNA molecule. Methylation can alternate the hobby of a DNA section without converting the collection. when located in a gene promoter, DNA methylation normally acts to repress gene transcription. In mammals, DNA methylation is important for ordinary improvement and is associated with several key methods inclusive of genomic imprinting, X-chromosome inactivation, repression of transposable elements, growing old, and carcinogenesis.
As of 2016, two nucleobases have been found on which natural, enzymatic DNA methylation takes area: adenine and cytosine. The modified bases are N6-methyladenine, five-methyl cytosine, and N4-methylcytosine. of DNA's four bases, cytosine, and adenine, may be methylated.
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The more expensive a product is, the shorter its distribution channel should be. ?.
It is true that the more expensive a product is, the shorter its distribution channel should be.
What is a distribution channel?A distribution channel is the route taken to transport a good from the producer or creator to the final consumer. In other words, the process by which a customer receives their buy after making a purchase, which frequently involves middlemen. Long or short, direct or indirect, distribution methods are also possible. Generally speaking, the cost to the firm and the consumer increases as complexity increases. When a distribution channel is "direct," the manufacturer sells to the customer directly, cutting away the middleman. Before a product reaches its final consumer, it goes through a number of "indirect" distribution channels. One intermediate could exist, or there could be several. Each form of distribution channel ultimately has advantages and cons of its own.
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jim has estimated elasticity of demand for gasoline to be -0.7 in the short-run and -1.8 in the long run. a decrease in taxes on gasoline would:
A decrease in taxes on gasoline would: lower tax revenue in the short run but raise tax revenue in the long run.
primarily by way of their effect on demand. By increasing disposable income and motivating companies to expand their hiring and investment, tax cuts increase demand. Tax increases work the opposite way. These demand effects can be significant when the economy is struggling but are less pronounced when it is close to capacity.
Economic activity reflects a balance between what individuals, organizations, and governments want to buy and sell. Economic policy primarily affects the demand side in the short term, or over the next one to two years. For instance, when the economy is weak, the Federal Reserve tries to increase demand from businesses and consumers by lowering interest rates or buying securities. Congress, on the other hand, can increase demand by raising spending and lowering taxes.
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unanimous consent of the partners is required for: group of answer choices confession of a judgment. borrowing money in a trading partnership. signing checks. none of the above
Unanimous consent of the partners is required for signing checks.
Does limited liability apply to limited partnerships?
A partnership must have two or more owners who split a company's gains and losses. Partnerships can automatically form without submitting any paperwork. Every partnership ought to have a written partnership agreement outlining the One partner in a limited partnership (LP)—the general partner—has unlimited liability (s). Due to their restricted liability, the other partners (limited partners) often cannot use their personal assets to pay off business debts and liabilities. When protected by limited liability, business owners, investors, and shareholders are not liable for company debts, legal disputes, or insolvency. Examples of various business structures that provide liability protection include corporations, limited liability companies, and limited liability partnerships.
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tiggie's dog toys, inc., reported a debt-to-equity ratio of 1.74 times at the end of 2021. if the firm's total debt at year-end was $26 million, how much equity does tiggie's have on its balance sheet? (enter your answer in millions of dollars rounded to 2 decimal places.)
Debt is $15.91 million in total. Equity in total is $9.09 million. The debt-to-equity ratio measures the proportion of a company's activities that are financed by debt as opposed to shareholders' equity (owners' money).
Find the shareholders' equality?The debt-to-equity ratio measures the proportion of a company's activities that are financed by debt as opposed to shareholders' equity (owners' money).
The equation is: Debt to equity ratio
Ratio of debt to equity = 1.75 times
Assets totaling $26 million
Knowing that equity equals asset minus liability (debt)
The equation can be changed to read:
Total debt/asset minus debt is the debt-to-equity ratio.
Let's symbolize debt as 'y'.
1,75 = y/$26,000,000 - y
y = 1.75($26,000,000 - y)
y = $43.75 - 1.75y
assemble similar terms
y plus 1.75y is $43.75million
2.75 years Equals $43.75 billion
y = $43,750,000/2.7
y = $15,91,000,000
Thus, the total amount owed is $15.91 million.
The same formula is used: Debt to equity ratio
Let's use z to represent equity.
1,75 = $15,91,000,000/z
Z = 15.91 million to one.75
Z = 9,09,000,000
The entire equity is therefore $9.09 million.
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as a product owner, you need to add estimates to your backlog items. you and your team have over 100 items to estimate and less than one hour to do it. because of the time limit, you need a technique that will help your team quickly sort items by complexity. which effort estimation technique should you use?
Start by giving the smallest thing an estimate of 1, then move on. Do the same with the following item on the table after that. You will eventually hit objects that the team estimates to be 2, 3, 5, etc. as you advance up the table. The Bucket System, a method of effort estimation, should be used.
When a large number of objects need to be estimated fast with a medium-sized to large-sized group of people, the bucket system estimation technique is applied. By talking about each story in terms of pre-defined buckets of complexity before settling on the final points, this method gives teams a consistent way to size tales.
Bucket System Estimation has the advantages of being quick, collaborative, relative, accountable to the group, and working with teams to estimate effort or stakeholders to estimate value.
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When there are many objects to be estimated with a large or medium-sized group of people and little time, the bucket system estimation technique is applied.
What is Effort Estimation?The technique of estimating the amount of effort needed to create or maintain a software program is known as effort estimation. The amount of time spent working or the cost incurred to complete the task is how this effort is typically quantified. Benefits of Bucket System Estimation include speed, collaboration, relative estimation, group accountability, and use of teams for effort estimation or stakeholders for value estimation.
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the difference between the actual materials used in prodthe standard cost for blank manufacturing overhead is computed the same way as the standard cost for direct labor. multiple choice question.ction and the standard amount allowed for the actual output is reflected in the materials variance. (enter only one word per blank.)
A price variance is the difference between actual materials used in the product's standard cost for manufacturing overhead is computed same way as standard cost for direct labor.
What is price variance?In cost accounting, the word "price variance" (Vmp) refers to the discrepancy between the projected cost of an item (standard cost) and the actual cost at the moment of purchase. The quantity of things ordered frequently has an impact on the price of an item, and this is taken into account. A price variation indicates the possibility of actual expenditures going over the allocated amount, which is typically undesirable. When businesses choose how much of a particular item to buy, this is significant. When the Standard Materials Price is greater than the Actual Materials Price and less money was spent on the materials than the permitted standard, the variance is said to be positive.
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a. taking photographs of preparedness sessions may be useful for promoting future sessions. remember, you should get releases from individuals before publishing the photographs. b. asking for participant feedback may cause a session to end on a negative note. therefore, you should avoid asking for feedback. c. working with faith-based organizations, libraries, civic associations, schools, or government office buildings may help you locate space for hosting the sessions. d. forming partnerships with other organizations or getting sponsorship from the business community can help defray some of the expenses for supplies, materials, and refreshments.
The correct option is (B) asking for participant feedback may cause a session to end on a negative note. therefore, you should avoid asking for feedback
Asking for participant feedback may cause a session to end on a negative note. Therefore, you should avoid asking for feedback. - Because asking for feedback is a necessary thing to do according to Federal Emergency Management Agency.
The Federal Emergency Management Agency (FEMA) upholds our residents and people on call guaranteeing that as a country we cooperate to construct, support, and work on our capacity to plan for, safeguard against, answer, recuperate from, and relieve all dangers. FEMA: Gives initiative and specialized and monetary help, remembering direction for Individual Help, Public Help, and Risk Alleviation Program qualification. Distinguishes significant Government projects and motivators that help the safeguarding, security, protection, recovery, recuperation, and rebuilding of Natural and Cultural Resources (NCR).
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renting would be most appropriate for people who: multiple choice enjoy remodeling their residence. desire unmonitored parties. have limited initial funds available. want more tax deduction benefits. desire to do their own maintenance and repairs.
The fee simple absolute form of ownership is the most prevalent type. The characteristics of fee simple ownership are as follows: For an indefinite amount of time, the owner of a title in fee simple has full possessory rights now and in the future. Its ability to be passed down is unrestricted.
Which kind of house is the most suitable investment?
The potential for higher cash flow is one reason commercial properties are regarded as one of the best types of real estate investments. Financial backers who pick business properties might find they address higher pay potential, longer rents, and lower opportunity rates than different types of land.
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question content area the amount of the promissory note plus the interest earned on the due date is called the a.interest value b.face value c.issuance value d.maturity value
The amount of the promissory note plus the interest earned on the due date is called the maturity value.
How is the due date on a promissory note determined?
The due date is established using the guidelines below: Date or the quantity of days. The due date is three days after the maturity date unless the note specifies a specific maturity date or specifies the precise number of days. Duration in Months The amount of a debt obligation that is specified as payable in a debt document is known as face value. The face amount of the debt instrument does not include any potential future interest or dividend payments.
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During a recession, unemployment compensation payments increase without the need for any government action. This increase is an example of.
Without any need for government intervention, unemployment compensation payments rise during a recession. An illustration of automatic fiscal policy is this increase.
Describe fiscal policy.Fiscal policy refers to the use of government spending and tax policies to influence economic conditions, particularly macroeconomic factors. These include the number of people employed, the volume of products and services purchased, inflation, and economic growth.
In a downturn, the government may lower tax rates or expand spending to generate demand and stimulate the economy. Instead, it might raise interest rates or cut spending in an effort to slow the economy and combat inflation. It is customary to contrast fiscal policy with monetary policy, which is carried out by central bankers as opposed to elected government officials.
Which Are the Primary Instruments of Fiscal Policy?
Governments can affect the economy by using fiscal policy tools. Changes in tax rates and government spending make up the majority of these.
Taxes are reduced and spending is increased to boost economic growth. This frequently involves borrowing by issuing public debt. Taxes may be increased and spending cutbacks implemented to cool down an overheated economy.
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What should an interim financial report include?
Standards that shall be included in the Interim Financial Report
Condensed statement for the financial position: This should consist of information till the end of the current interim period and at the completion of the immediately next financial year.Condensed statement of profit or loss: This condensed statement needs all the profit and loss information of the current interim period and for the year to date.Condensed statement of equity changes: This should be filed for the ongoing year to date and also for the interim period of the next financial year, which will be considered for the comparison.Condensed statement of cash flows: The statement should include details including the sources of cash flows, and other information for the current year to date and the next financial year also.Self-explanatory notes: For all condensed financial statements, headings and sub-totals should be necessarily included along with self-explanatory notes which should include all the necessary information.Learn about Interim Financial Report
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Three key statements should be included in interim financial reporting:
Financial statement. income declaration. balance report.By interim financial reporting, what do you mean?Condensed financial statements included in the interim financial report are meant to give readers an update on the most recent yearly financial statements. As a result, it does not repeat previously published information and instead concentrates on fresh activities, events, and circumstances.
What does an interim report serve as?Before the end of the financial reporting cycle, interim reports are meant to give a thorough summary of the company's financial performance. As a result, communication between public companies is improved, and investors may get the most latest financial data.
What distinguishes financial reports from interim reports?A financial reporting period less than a full financial year is known as an interim period in accounting. It frequently covers three-, six-, or nine-month periods.
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A decrease in the sales of a current project because of the launching of a new project is.
A decrease in the sales of a current project because of the launching of a new project is cannibalization.
Cannibalization of the market refers to a decline in revenue brought on by a corporation introducing a new product that replaces one of its own older goods. Despite a rise in sales for the new product, the cannibalization of the company's existing products results in no increase in market share. When a new product is comparable to an old product and both have the same target market, market cannibalization may take place. Cannibalism can also happen when a chain store or fast food restaurant experiences a decline in business as a result of a new location of the same brand setting up close by. Market cannibalization refers to a company losing sales when one of its older goods is replaced by a new one that is introduced.
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how does increase in productivity result in decrease in cost of production?
please give me a simple answer
Answer:
Explanation:
say you buy a machine that cost 1 million dollars. The more products you produce with that machine, the cheaper the production cost is.