price is equal to marginal cost. b. price is equal to average total cost. c. price is equal to marginal revenue. d. price is equal to average variable cost.
Answers
The unit is manufactured and supplied if the sale price exceeds the marginal cost. Production would not be financially viable if the marginal cost was higher than the price. So long as the marginal cost and the sale price are equal, production will continue.
Why do you use the term marginal cost?When we talk about the marginal cost, we're talking about the rise in production costs brought on by the creation of more product units. The marginal cost of manufacturing is another name for it. Businesses may evaluate how cost and, ultimately, earnings are influenced by volume output by calculating the marginal cost. Say, for instance, that it costs $100 to produce 100 automobile tires. An additional tire would cost $80 to produce. The cost incurred while producing an additional unit of a good or service is known as the marginal cost. The marginal cost is determined by the costs of production.
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Related Questions
Hello pls help
3.08 free trade and barriers
Economic class
Answers
To get this visual item, you can choose a cartoon that shows a fat cook who says that to make nice food, you have to break some tins. The topic of this cartoon is that economic success requires breaking some barriers.
This cartoon and protectionismThis cartoon is against the idea of protectionism because it advocates measures that would break the barriers of nations to attain success.
You might add that you agree on this topic about free trade because no nation can exist successfully by itself. To attain success, they need to liaise with other nations through trade.
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When considering the efficient frontier, financial managers should adhere to all of the following guidelines except:
Select the projects on the leftmost sector of the possible projects
Minimize risk for a given level of return
Maximize return for a given level of risk
Prefer the project on the far right side of the efficient frontier because it offers the highest return
Answers
When considering the efficient frontier, financial managers should adhere to several guidelines to optimize their investment decisions. However, they should NOT select the projects on the leftmost sector of the possible projects. This is because the leftmost projects generally have the lowest return for a given level of risk, and choosing them would not help in maximizing the return on investment.
Instead, financial managers should focus on minimizing risk for a given level of return and maximizing return for a given level of risk. The efficient frontier is a graphical representation of various portfolios that offer the highest return for a specific risk level or the lowest risk for a particular return. By choosing projects along this curve, managers can optimize their investment decisions and achieve a well-balanced risk-return profile.
It is also important to note that managers should not blindly prefer the project on the far right side of the efficient frontier because it offers the highest return. While higher returns are generally desirable, the far-right project may also carry significantly higher risk. As such, financial managers must carefully consider the risk-return tradeoff and select projects that align with the organization's risk tolerance and investment objectives.
In summary, when considering the efficient frontier, financial managers should minimize risk for a given level of return, maximize return for a given level of risk, and carefully evaluate projects to ensure they align with the organization's risk tolerance and investment objectives. They should not focus solely on the leftmost or rightmost projects, as these options may not offer the most optimal risk-return balance.
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Which of the following two components are the two main sources of the total demand for financial capital in the U.S. economy?
Select all that apply: 2 correct answers
A. private sector investment
B. government borrowing
C. the inflow of financial capital from foreign investors
D. saving by individuals and firms
Answers
Private sector investment refers to the spending by businesses on capital goods such as machinery, equipment, and buildings, as well as on research and development, marketing, and other activities that are aimed at increasing their productivity and expanding their operations. This investment spending is financed by borrowing from financial markets or by issuing equity securities.
Saving by individuals and firms refers to the amount of income that is not spent on consumption but is instead saved or invested. This savings is then made available to financial markets, which intermediates it to fund private sector investment and other uses of capital.
While government borrowing and the inflow of financial capital from foreign investors are important sources of capital in the economy, they are not considered the two main sources of demand for financial capital. Government borrowing refers to the amount of funds that the government borrows from financial markets to finance its budget deficits. The inflow of financial capital from foreign investors refers to the amount of funds that are invested in the U.S. by foreign investors, either directly or through financial intermediaries. These sources of capital are important, but they do not drive the total demand for financial capital in the same way that private sector investment and saving by individuals and firms do.
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The two main sources of total demand for financial capital in the U.S. economy are private sector investment and saving by individuals and firms. Both components contribute significantly to the overall demand for financial capital. Correct answer is option A and D
Private sector investment refers to businesses and organizations investing in new ventures, expanding operations, or acquiring assets. This investment contributes to economic growth and drives the need for financial capital.
Saving by individuals and firms represents the portion of income that is not spent on immediate consumption. This saved money is channeled into financial institutions, such as banks or investment firms, where it can be used to fund loans, investment projects, or other financial activities. Saving helps to create a pool of financial capital that can be accessed by borrowers to support their investment and consumption needs.
While government borrowing and the inflow of financial capital from foreign investors also have an impact on the financial capital market, they are not considered the two main sources of total demand. These factors can influence the availability and cost of financial capital but do not directly represent the demand for financial capital within the U.S. economy. Correct answer is option A and D
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What is the answer I chose the one I thought was the answer
Answers
Answer: I think that ones the answer too
Answer:
c is
Explanation:
asap
Questions A corporation has decided to sell a mistung $10,000, what will be the tax effect of the effect Obloss of $2,000 Oc of $4,000 Ohed of $2.000 schone had an surat po 15,000 a $30 000 14% peo At
Answers
The tax effect of this effect is as follows: If the corporation has a loss of $2,000: When a corporation sells an asset for less than its tax basis, a loss occurs, and it is tax-deductible. The taxable gain of the corporation is lowered by $2,000 in this situation.
If a corporation sells an asset for less than its tax basis, it will have a capital loss. If the capital loss is greater than the capital gains, the corporation will carry the loss forward to future tax years to offset any gains and minimize the corporation's overall taxable income. If the corporation has a loss of $4,000: If a corporation experiences a loss of $4,000 when selling an asset, it will be tax-deductible.
In this case, the corporation's taxable gain will be lowered by $4,000. If the corporation has capital losses that are more than the capital gains, the corporation will carry the loss forward to future tax years to offset any gains and minimize the corporation's overall taxable income.
If the corporation has a gain of $2,000:If the corporation has a gain of $2,000, it will raise the taxable gain by $2,000.
If the corporation has a gain of $4,000:If the corporation has a gain of $4,000, it will raise the taxable gain by $4,000.
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Flight Café prepares in-flight meals for airlines in its kitchen located next to a local airport. The company’s planning budget for July appears below:
Flight Café Planning Budget For the Month Ended July 31
Budgeted meals (q) :18,000
Revenue ($4.50q) : $81,000
Expenses:
Raw materials ($2.40q) : 43,200
Wages and salaries ($5,200 + $0.30q) : 10,600
Utilities ($2,400 + $0.05q) : 3,300
Facility rent ($4,300) : 4,300
Insurance ($2,300) : 2,300
Miscellaneous ($680 + $0.10q) : 2,480
Total expense : 66,180
Net operating income : $ 14,820
In July, 17,800 meals were actually served. The company’s flexible budget for this level of activity appears below:
Flight Café - Flexible Budget For the Month Ended July 31
Budgeted meals (q) : 17,800
Revenue ($4.50q) : $ 80,100
Expenses:
Raw materials ($2.40q) : 42,720
Wages and salaries ($5,200 + $0.30q) : 10,540
Utilities ($2,400 + $0.05q) : 3,290
Facility rent ($4,300) : 4,300
Insurance ($2,300) : 2,300
Miscellaneous ($680 + $0.10q) : 2,460
Total expense : 65,610
Net operating income : $ 14,490
Required: show all the work process:
1. Calculate the company’s activity variances for July. (Hint: Refer to Exhibit 9–6.)
2. Which of the activity variances should be of concern to management? Explain.
Answers
To calculate the activity variances for July, we need to compare the actual results (17,800 meals served) with the flexible budget amounts.
Calculate the company's activity variances for July:
a. Revenue Variance:
Actual Revenue - Flexible Budget Revenue
= $81,000 - $80,100
= $900 (Favorable)
b. Expense Variances:
Raw Materials Variance:
Actual Raw Materials Cost - Flexible Budget Raw Materials Cost
= $43,200 - $42,720
= $480 (Unfavorable)
Wages and Salaries Variance:
Actual Wages and Salaries Cost - Flexible Budget Wages and Salaries Cost
= $10,600 - $10,540
= $60 (Favorable)
Utilities Variance:
Actual Utilities Cost - Flexible Budget Utilities Cost
= $3,300 - $3,290
= $10 (Favorable)
Facility Rent Variance:
Actual Facility Rent Cost - Flexible Budget Facility Rent Cost
= $4,300 - $4,300
= $0 (No Variance)
Insurance Variance:
Actual Insurance Cost - Flexible Budget Insurance Cost
= $2,300 - $2,300
= $0 (No Variance)
Miscellaneous Variance:
Actual Miscellaneous Cost - Flexible Budget Miscellaneous Cost
= $2,480 - $2,460
= $20 (Favorable)
The activity variances that should be of concern to management are:
Raw Materials Variance: This variance is unfavorable, indicating that the actual cost of raw materials exceeded the flexible budget amount. Management should investigate the reasons for this increase and take necessary actions to control raw material costs.
Miscellaneous Variance: Although this variance is favorable, it is relatively small. However, management should still review the reasons for the variance to ensure there are no underlying issues affecting miscellaneous expenses.
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What is a benefit of sending Nissan-sponsored and third party automotive website links to customers?
A. They show you want to help them make an informed decision .
B. They can help you handle cross-shoppers
C. They give you a follow-up opportunity with prospects and be-backs
Answers
The benefit of sending Nissan-sponsored and third-party automotive website links to customers is that they provide a follow-up opportunity with prospects and be-backs. This option is represented by choice C.
By sharing these links, dealerships can stay engaged with potential customers and maintain communication throughout the buying process. The links can serve as helpful resources that provide additional information about Nissan vehicles, features, pricing, and comparisons with other models. This follow-up opportunity allows dealerships to nurture relationships with prospects, answer their questions, address concerns, and provide ongoing support.Sending Nissan-sponsored and third-party website links also demonstrates a willingness to help customers make informed decisions, as mentioned in choice A. It shows that the dealership values customer satisfaction and wants to provide them with comprehensive information to aid in their decision-making process.While choice B suggests that sending these links can help handle cross-shoppers (customers who are considering multiple brands), it is not specifically mentioned in the given options. However, it can be considered an additional benefit, as the website links can showcase Nissan's offerings and unique selling points, potentially influencing cross-shoppers to choose a Nissan vehicle.In summary, sending Nissan-sponsored and third-party automotive website links to customers offers the benefits of providing follow-up opportunities, demonstrating a commitment to customer satisfaction, and potentially addressing the needs of cross-shoppers.
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The chair company provides a 120-day parts-and-labor warranty on all merchandise it sells. the chair company estimates the warranty expense for the current period to be $2,650. during the period a customer returned a product that cost $1,830 to repair.Required:Show the effects of these transactions on the financial statements using a horizontal statements model.
Answers
The warranty expense of $2,650 is recorded on the income statement, while the balance sheet reflects a remaining warranty liability of $820 after the $1,830 repair cost is deducted.
1. Estimating Warranty Expense:
When the Chair Company estimates the warranty expense for the current period to be $2,650, it will record this amount as an expense on the income statement and also create a warranty liability on the balance sheet.
Income Statement:
Warranty Expense: +$2,650
Balance Sheet:
Warranty Liability: +$2,650
2. Repairing a Customer's Returned Product:
When a customer returns a product and it costs $1,830 to repair, the company will use the warranty liability to cover this expense. The warranty liability will decrease by $1,830, and the repairs expense will be recorded on the income statement.
Income Statement:
Repairs Expense: +$1,830
Balance Sheet:
Warranty Liability: -$1,830
After these transactions, the Chair Company's financial statements using the horizontal statements model would show the following:
Income Statement:
Warranty Expense: +$2,650
Repairs Expense: +$1,830
Balance Sheet:
Warranty Liability: +$2,650 - $1,830 = $820
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Mrs. Park is an elderly retiree. Mrs. Park has a low fixed income. What could you tell Mrs. Park that might be of assistance
Answers
Answer: Reach out to her Medicaid for their programs
Explanation:
There are programs that are set up to assist retiree's. Mrs Park should reach out to her state Medicaid agency and enquire if she is qualified for the programs they run which would assist her income.
Answer:
She should contact her state Medicaid agency to see if she qualifies for one of several programs that can help with Medicare costs for which she is responsible.
Explanation:
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $15.50 per hour. During the year, the company started and completed only two jobs - Job Alpha, which used 64,400 direct labor-hours, and Job Omega. The job cost sheets for these two jobs are shown below: Required: 1. Calculate the plantwide predetermined overhead rate. 2. Complete the job cost sheet for Job Alpha. Complete this question by entering your answers in the tabs below. Calculate the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.) Complete this question by entering your answers in the tabs below. Complete the job cost sheet for Job Alpha. (Round your intermediate calculations to 2 decimal places.)
Answers
Given information:The company pays its direct laborers $15.50 per hour.Hahn Company uses a job-order costing system.Its plant wide predetermined overhead rate uses direct labor-hours as the allocation base.The job cost sheets for two jobs are shown below:
For Job Alpha,Direct Materials = $27,600 Direct Labor cost = $1,031,200 Manufacturing overhead = $581,000 Total cost = $1,639,800 Direct labor-hours = 64,400 For Job Omega,Direct Materials = $45,900 Direct Labor cost = $1,578,400 Manufacturing overhead = $918,500 Total cost = $2,542,800 Direct labor-hours = 126,800 We have to calculate:1. The plant wide predetermined overhead rate. 2. The job cost sheet for Job Alpha.1. Calculation of the plant wide predetermined overhead rate:The formula for predetermined overhead rate is;Predetermined overhead rate = Estimated total manufacturing overhead cost for the year / Estimated total amount of the allocation base.
Predetermined overhead rate = $1,499,500 / (64,400 + 126,800)Predetermined overhead rate = $1,499,500 / 191,200 Predetermined overhead rate = $7.83 per direct labor-hour Hence, the plant wide predetermined overhead rate is $7.83 per direct labor-hour. 2. Job cost sheet for Job Alpha:The total cost of the Job Alpha is given as $1,639,800. We have to calculate the cost per unit by using the formula;Cost per unit = Total cost / Number of units produced Number of units produced is not given, so we cannot calculate the cost per unit.Solution of job cost sheet for Job Alpha is attached below, which is calculated by using the following formulas:
Direct Materials + Direct Labor Cost + Manufacturing Overhead = Total cost per Job.Alpha. Direct Materials + Alpha. Direct Labor Cost + Alpha. Manufacturing Overhead = $27,600 + $1,031,200 + [($7.83 x 64,400)] = $27,600 + $1,031,200 + $504,152 = $1,563,952 Therefore, the cost sheet for job Alpha is;Particulars Cost Direct Materials$27,600 Direct labor cost$1,031,200 Manufacturing overhead$504,152 Total Cost$1,563,952
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Which economic tool would most likely be used as part of a contractionary
monetary policy?
A. Lowering the reserve requirement
O B. Raising interest on reserves
C. Buying treasury securities
D. Reducing the discount rate
SUBMIT
Answers
Answer:
O B. Raising interest on reserves
Explanation:
The Federal Reserve expects banks to keep a percentage of customer deposits as reserves. The reserves cater to both the normal and unexpected withdrawals. The Federal Reserve (Fed) also uses reserve requirements as a monetary policy tool.
Interest on reserves is one of the monetary policy tools that the Fed uses regularly. The Fed pays interest on any excess reserves held by the banks. Increasing the interest paid on reserves encourages banks to hold more money. Decreases the interest prompts the banks to lend out more. Contractionary monetary policies are measures aimed at decreasing the money supply in the economy. Increasing interest on reserves increases money held in the banking sectors, thereby slowing down money circulation.
Answer: B. Raising interest on reserves
Explanation:
Just got it right!!!
What could this sign use on the left side.
Answers
Answer:
noce
Explanation:
Hollaway Manufacturing is considering using stocks of an old raw material in a special project. The special project would require all 180 kilograms of the raw material that are in stock and that originally cost the company $2,406 in total. If the company were to buy new supplies of this raw material on the open market, it would cost $7 per kilogram. However, the company has no other use for this raw material and would sell it at the discounted price of $6. 35 per kilogram if it were not used in the special project. The sale of the raw material would involve delivery to the purchaser at a total cost of $68 for all 180 kilograms. What is the relevant cost of the 180 kilograms of the raw material when deciding whether to proceed with the special project
Answers
Assuming the delivery cost is $68. The relevant cost of the 180 kilograms of the raw material when deciding whether to proceed with the special project is $1,075.
Relevant costUsing this formula
Relevant cost=(Raw material×Discounted price)-Delivery cost
Where:
Raw material=180 kilograms
Discounted price=$6.35
Delivery cost=$68
Let plug in the formula
Relevant cost=(180 kilogram×$6.35)-$68
Relevant cost=$1,143-$68
Relevant cost=$1,075
Inconclusion the relevant cost of the 180 kilograms of the raw material when deciding whether to proceed with the special project is $1,075.
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please help me ASAP
i will give brainliest
Answers
Answer:
d
Explanation:
The equation of any straight line, called a linear equation, can be written as: y = mx + b, where m is the slope of the line and b is the y-intercept. The y-intercept of this line is the value of y at the point where the line crosses the y axis.
each point on a ________ curve shows the willingness of consumers to purchase a product at different prices.
Answers
Answer:
demand is the word.
Explanation:
Each point on a demand curve shows: The willingness of consumers to purchase a product at different prices. The consumer surplus received from purchasing a given quantity of a product The economics surplus received from purchasing a given quantity of a product The legally determined maximum price that sellers may charge for a given quantity of product.
What is the term for a legally-binding document outlining the terms and conditions of a business transaction?
Answers
Answer:
A contract.
Explanation:
In terms of SUPPLY, what factors have contributed to the fall in oil prices?
Answers
For Sheridan, the following information is available:Capitalized leases $552000Trademarks $268000Long-term receivables $217000In Sheridan's balance sheet, intangible assets should be reported at:$769000.$820000.$268000.$485000.
Answers
In Sheridan's balance sheet, intangible assets should be reported at $820000. This includes the capitalized leases of $552000, trademarks of $268000, and any other intangible assets.
Intangible assets are assets that lack physical substance, such as patents, trademarks, copyrights, and goodwill. The balance sheet of Sheridan should report intangible assets at their net book value, which is the original cost less any accumulated amortization.
From the information given, the total amount of intangible assets for Sheridan is:
Capitalized leases = $552,000
Trademarks = $268,000
Long-term receivables = $217,000
Total intangible assets = $552,000 + $268,000 + $217,000 = $1,037,000
However, the long-term receivables are not considered intangible assets but rather a type of financial asset. Therefore, the correct amount to report intangible assets on the balance sheet of Sheridan is:
Total intangible assets = $552,000 + $268,000 = $820,000
Therefore, the answer is option B) $820,000. The long-term receivables of $217000 are considered a separate category of assets and are not included in the calculation of intangible assets.
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6. Identify a change in technology during each of the time periods in history below that you believe improved the
way marketing activities were completed. List the example and explain how it contributed to marketing during
that time.
(a) 1900s to 1930s
(b) 1930s to 1950s
(c) 1950s to 1980s
(d) 1980s to today
Answer:
Answers
Answer:
Prior to the 1950s, the production orientation generally held true due to the growing numbers of affluent and middle class people that capitalism had created.
Say’s Law states that the “production of commodities creates, and is the one and universal cause which creates, a market for the commodities produced”.
The emphasis of firms adopting a production orientation of marketing would have been based on the theory of economies of scale, which are the cost advantages that an enterprise obtains due to expansion.
Your roommate told you she doesn’t need renter’s insurance because her parent’s homeowner’s policy covers her stuff. Is she correct? Explain your answer.
Answers
Answer: no she is not correct because if she has her own house or apartment then no she is not on homeowner's insurance. now she has to get her own.
Explanation:
hope this helps.
The roommate should not be correct.
What is insurance?Insurance represents the arrangement where the company or the government agency gives the guarantee with respect to the compensation for the particular loss, damage and in return, the payment should be made with respect to the premium. Also, she is not correct since she has her own house so it is not the homeowner insurance.
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Which is a disadvantage of using computerised system
a) greater accuracy
b) greater speed
c) improved accessibility to key facts
d) system failure
Answers
Answer: d- system failure
Explanation:
Cuz all the other ones are pros but system failure will mess up all your things in the computer depending on how bad the failure was.
Dino operates a museum that showcases rare fossils. Recently he has seen an increase in business and is determining whether to hire a new employee. If acting rationally on what should he base his decision
Answers
He should based his decision on "marginal revenue generated by the new worker's labor should be greater than the marginal cost of the worker's salary"
Let understand that Marginal Profit is derived from when Marginal Cost is subtracted from Marginal Revenue.
Rationally, since there is an increase in his business activities which has led to higher profit, taking up a new worker will also led to increase in Cost, but a good profit level will be attain because sales continue to increase.In conclusion, rational decision are based on ability to attain Marginal profit.
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How old will someone who graduated high school at 18 be until they get a Masters Degree in civil engineerings ?
Answers
Answer:22 years
Explanation:
Describe how the U.S. private enterprise economy works
Answers
Answer: Go ahead and copy and paste
Explanation: As an economic system, private enterprise is characterized by competition, open markets, private ownership, and private initiative. Producers take production initiative on the basis of price and profit-and-loss signals essentially given by consumers.
Answer:
As an economic system, private enterprise is characterized by competition, open markets, private ownership, and private initiative. Producers take production initiative on the basis of price and profit-and-loss signals essentially given by consumers. ... Private enterprise is open to all comers.
3. At a middle school dance, the ratio of girls to boys is exactly 5 to 2. Which of the following could be the total number of students at the dance? a. 95 b. 100 107 d. 115 126 C. e.
Answers
To determine the total number of students at the dance, we need to find a number that satisfies the ratio of girls to boys being 5 to 2.
We can do this by finding a common multiple of 5 and 2. Let's consider the given options:
a. 95: This number is not a multiple of 5, so it doesn't satisfy the ratio.
b. 100: This number is not a multiple of 5, so it doesn't satisfy the ratio.
c. 107: This number is not a multiple of 5, so it doesn't satisfy the ratio.
d. 115: This number is not a multiple of 5, so it doesn't satisfy the ratio.
e. 126: This number is a multiple of 5 (5 * 25) and satisfies the ratio of 5 to 2. Therefore, the total number of students at the dance could be 126. Option C is the correct answer.
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true or false: intense pressure to perform at all levels in organizations always results in negative consequences, such as illegal or unethical actions.true false question.truefalse
Answers
The given statement is False because intense pressure to perform at all levels in organizations can lead to positive outcomes, such as increased productivity and creativity.
In organizations, intense performance pressure at all levels can result in positive outcomes such as increased productivity and creativity. However, it can also lead to negative consequences if not managed properly, such as illegal or unethical actions.
It can also create a hostile work environment with decreased morale and increased stress and burnout. To ensure that the pressure to perform leads to positive outcomes, organizations should prioritize clear communication and provide employees with sufficient resources and support.
Additionally, organizations should foster a culture of trust and collaboration, as well as recognize and reward employees for their achievements and hard work.
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what does a brand need in order to be somewhat protected from competition from other firms and price competition? (choose every correct answer.)
Answers
To be somewhat protected from competition from other firms and price competition, a brand needs:
B) A loyal customer baseD) An established track record in the marketHow can companies be protected from competition?The main way that a company can be protected from competition is by giving it a patent to produce the things that it produces. This means that no other company can produce that item by law and so the company would be completely protected from competition.
However, if a company does not have a patent, another thing that can protect it from competition is having a loyal customer base. If a brand has customers who are loyal, the company can be more certain of selling to them and not having other brands steal them. A company should also have an established track record in the market. This makes it easier for customers to stick to the brand instead of going to others.
Options for this question are:
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7) Mr. Smith acquired a property consisting of one acre of land and a two-story building five years ago for $100,000. He also obtained an $80,000 mortgage loan from ACE Bank to provide financing to complete the purchase. This year, Mr. Smith constructed another building on the property with his own funds at a cost of $20,000. Mr. Smith has decided after completing the building to approach Duce Bank to borrow against his property with a $16,000 second mortgage. Is Duce Bank likely to provide the $16,000 in financing
Answers
Answer:
hey sorry i just want points YOSHII :3
Explanation:
Apart from providing $16,000 in the financing, the other option that can be considered by Mr. Smith is that after using the property clause, the thing that can be done with the $80,000 first lien under the terms of the first mortgage, the lender has a first lien on any modifications made to the property used to secure the mortgage loan.
What is a mortgage loan?A mortgage loan is a kind of secured loan. After applying for a mortgage loan, one can get the funds in exchange for immovable assets like a house or a commercial property that provides security for the lender.
In the case of Mr.Smith, as per the provisions contained in the existing mortgage document, there is a bank name ABC bank that would most probably be the first lien on the new building constructed by Mr. Smith.
Therefore, an approach has been made by Mr. Smith to Duce Bank before constructing a new building on land which served as security for the initial mortgage loan.
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The complete question is attached in text form:
Mr. Smith acquired a property consisting of one acre of land and a two-story building five years ago for $100,000. He also obtained an $80,000 mortgage loan from ACE Bank to provide financing to complete the purchase. This year, Mr. Smith constructed another building on the property with his own funds at a cost of $20,000. Mr. Smith has decided after completing the building to approach Duce Bank to borrow and mortgage the new building with a $16,000 loan. Is Duce Bank likely to provide the $16,000 in financing? What other options may Mr. Smith have to consider?
on january 1, you sold short one round lot (that is, 100 shares) of snow's stock at $23.70 per share. on march 1, a dividend of $2.80 per share was paid. on april 1, you covered the short sale by buying the stock at a price of $19.00 per share. you paid 10 cents per share in commissions for each transaction.
Answers
The required answer to this question is a tariff is a type of tax imposed on goods or services that are either imported into a country or exported from it. It is typically levied by the government of the importing country.
Tariffs are used as a measure to protect domestic industries, regulate trade, and generate revenue for the government.
When a country imposes a tariff on imports, it increases the cost of the imported goods, making them more expensive for consumers. This is done to create a price disadvantage for foreign products and give domestic industries a competitive edge.
By making imports more expensive, tariffs aim to encourage consumers to choose domestically produced goods instead. Tariffs can also be imposed on exports, although this is less common. Export tariffs are usually used as a means to control the outflow of certain goods or natural resources, or to raise revenue for the government.
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What are the advantages and disadvantages of the three primary business writing formats?
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Answer and Explanation:
The business writing formats benefits and disadvantages of the three primary business writing formats are described below:-
A memorandum is a formal define that it is the way of communication that enables corporations to connect with their workers. This is typically used to distribute updates or issues.
Memos are highly increasingly being replaced by e-mail, so sending a memo is more difficult and costly. Therefore, a Business Letter is a structured communication method that's best used to connect with clients.
It generally takes more time to write and format a business letter than to write an email or memo.
As we know that an Email is easy to send and priceless, and make enable to send message to many people at a time also Many unwritten e-mails etiquette rules and can be too casual for many business purposes.
Business writing formats includes the use of memorandum, email business letters etc. The advantages and disadvantages of the three primary business writing formats are:
A Memorandum: (Advantages)
This is simply a formal, internal communication tool which allows companies to communicate with their employees. It is known to be used to deliver announcements or problems.Disadvantages
Memos are said to be rapidly been replaced by e-mail due to the fact that it is more complicated and expensive to deliver a memo.Business letters (Advantages)
A Business Letter is simply known as a formal communication tool which is utilized for communicating with customers.Disadvantages
Writing and formatting a business letter often takes more time than composing a memo or e-mail.Emails (Advantages)
E-mail is quick, easy and cheap, and allows you to send messages instantly to any number of people.Disadvantages
E-mail has too much unwritten rules to follow (etiquette) and it is too informal for many business purposes.Learn more from
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