two brothers wish to open an account at a broker-dealer. one brother will contribute $100,000 and the other brother will contribute $300,000. they have stated that if one should die, then that person's share will go to the remaining brother. what kind of account should be opened?

Answers

Answer 1

Since two brothers wish to open an account at a broker-dealer. one brother will contribute $100,000 and the other brother will contribute $300,000.The kind of account that they can opened is option B. joint account with rights of survivorship

What is the account about?

This type of account is typically opened by two or more individuals who wish to share ownership of the assets in the account. In the event that one of the account holders passes away, the remaining account holder(s) would automatically become the sole owner of the assets in the account, without the need for probate or other legal proceedings.

To open a joint account with right of survivorship, the two brothers would need to provide their personal and financial information to the broker-dealer, as well as specify that they wish to open a joint account with right of survivorship.

Therefore, It is important to note that a joint account with right of survivorship is not the same as a joint account with tenants in common. In a joint account with tenants in common, each account holder owns a specific share of the assets in the account, and in the event of one account holder's death, their share would pass to their designated beneficiary, rather than automatically going to the remaining account holders.

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Two brothers wish to open an account at a broker-dealer. One brother will contribute $100,000 and the other brother will contribute $300,000. They have stated that if one should die, then that person's share will go to the remaining brother. What kind of account should be opened?

A. partnership account

B. joint account with rights of survivorship

C. joint account with tenants in common

D. 2 separate individual accounts


Related Questions

Economists typically measure rates of inflation by

Answers

Answer:

increase of price and the same rate of pay

Explanation:

Promotions such as ""buy one get one free"" are somewhat risky in terms of forecasting. Why?

Answers

Promotions such as buy one get one free are somewhat risky in terms of forecasting. becuase  of Increases likelihood of competition

Forecasting is the technique of using historical data as input to make informed estimates that predict the direction of future trends. Organizations use forecasts to determine how to allocate budgets and how to plan expected expenses for the next period.

Forecasting is the process of making predictions based on past and present data. Later you can compare these to what is actually happening. For example, a company may estimate revenue for the next year and compare it to actual results. Forecast is a similar but more general term.

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.

What the the importance of modernization in business? ​

Answers

Answer:

6 Key Reasons Why Business Modernization Is Important

It's about improving the customer experience and engaging with your shoppers on a deeper level. It improves efficiency, add convenience, grows communication, increases customer outreach, builds more security, and expands marketing channels.

Kale Co. purchased bonds at a discount on the open market as an investment and intends to hold these bonds to maturity. Kale should account for these bonds at

Answers

Answer: Amortized cost.

Explanation: Debt securities or bonds may be purchased for different intent. When debt securities are purchased for the short term, that is those which are liquidated within a short period of term usually called available for sale. On the other hand debt securities may be purchased with the intention of keeping for the long term called Held-to - maturity which is the case with Kale Co. as stated in the scenario above. Bonds which are liquidated in the short term are reported at fair value while those which are held till maturity are are adjusted for amortization of premium or discount as the case may be during these period and are hence accounted for at Amortized cost.

An individual client purchased his residence 5 years ago for $200,000. For 3 of the last 5 years, the client rented out the property for income, and lived in the house of 2 of those years. The client sells the house for $500,000. How much of the gain is taxable

Answers

yes the answer is 500,000 dollrs

Membership in the Future Business Leaders of America (FBLA) has nearly limitless benefits, including scholarships.
True
False

Answers

Answer:

True.

Explanation:

I think this will be the answer.

.On September 3, 2021, the Robers Company exchanged equipment with Phifer Corporation. The facts of the exchange are as follows: Robers’ Asset Phifer’s Asset Original cost $ 195,000 $ 215,000 Accumulated depreciation 115,000 123,000 Fair value 97,500 77,500 To equalize the exchange, Phifer paid Robers $20,000 in cash.
Required: Record the exchange for both Robers and Phifer. The exchange has commercial substance for both companies.

Answers

In the equipment exchange between Robers Company and Phifer Corporation, the following facts are presented:

Robers' Asset:

- Original cost: $195,000

- Accumulated depreciation: $115,000

- Fair value: $97,500

Phifer's Asset:

- Original cost: $215,000

- Accumulated depreciation: $123,000

- Fair value: $77,500

To equalize the exchange, Phifer Corporation paid Robers Company $20,000 in cash. This cash payment serves to balance out the difference in fair values between the two assets. Since Phifer's asset has a lower fair value than Robers' asset, Phifer compensates the difference by providing the cash payment. The net result of the exchange is that Robers Company receives Phifer's asset, along with $20,000 in cash, while Phifer acquires Robers' asset.

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what budget philosophy eliminates the use of fiscal policy to stabilize the economy?

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The budget philosophy that eliminates the use of fiscal policy to stabilize the economy is the non-interventionist or laissez-faire budget philosophy.

The non-interventionist budget philosophy is rooted in the belief that government intervention in the economy should be minimal, and that market forces should be allowed to operate freely without interference. This philosophy opposes the use of fiscal policy, which involves government spending and taxation measures, as a means to stabilize the economy.

Proponents of the non-interventionist approach argue that the market is self-regulating and will naturally correct any imbalances or fluctuations in the economy. They believe that government intervention through fiscal policy can create inefficiencies, distortions, and unintended consequences that hinder long-term economic growth. Instead, they advocate for limited government involvement, emphasizing free markets, individual freedom, and minimal regulation.

However, critics of this budget philosophy argue that relying solely on market forces can lead to economic instability and inequality. They contend that during economic downturns or recessions, fiscal policy measures such as increased government spending or tax cuts can stimulate demand, create jobs, and support economic recovery. They argue that a complete hands-off approach to fiscal policy may leave the economy vulnerable to prolonged recessions or inadequate responses to economic crises.

In summary, the non-interventionist or laissez-faire budget philosophy opposes the use of fiscal policy to stabilize the economy and advocates for minimal government involvement in economic affairs. While proponents believe in the self-correcting nature of markets, critics argue that judicious fiscal policy measures can play a role in addressing economic challenges and promoting stability.

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assume that sugar-based soft drinks are produced in a market shown on the graph above. answer the following questions based on the information given in the graph. (a) to reduce the consumption of sugary soft drinks, suppose the government imposes a $2 per-unit sales tax on soft drinks. (i) will the price of soft drinks increase by the full amount of the per-unit sales tax? explain. (ii) calculate the tax revenue the government can collect from the sale of soft drinks. show your work. (iii) will the consumer surplus increase, decrease, or stay the same after the per-unit sales tax? (iv) calculate the deadweight loss created by the per-unit sales tax. show your work.

Answers

Drinks will cost more for consumers to purchase, with the producer receiving a higher price plus tax. It will increase by exactly the same amount as the tax would if it were levied on producers rather than consumers.

What is tax?

In order to pay for general government services, goods, and activities, local, state, and federal governments must collect mandated payments or charges from citizens and corporations.

With a skilled labor population and a sophisticated high-income economy, Romania is home to the 8th highest nominal GDP in the European Union after adjusting for purchasing power parity.

The tax levied, which is $2 per unit multiplied by the number of units sold, represents the tax revenue that the government will be able to collect.

Due to the leftward shift of the demand curve caused by lower demand, consumer surplus will decline. Deadweight loss is the price of market inefficiency, which in this case results in decreasing demand is a case.

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The University of Michigan football stadium, built in 1927, is the largest college stadium in America, with a seating capacity of 114,000 fans. Assume the stadium sells out all six home games before the season begins, and the athletic department collects $102.6 million in ticket sales. Required: What is the average price per season ticket and average price per individual game ticket sold?

Answers

The average price of ticket would be $102.6 million divided by 19,000, which equals $5,400.The average price per individual game ticket sold would be $102.6 million divided by 684,000, which equals $150.



Total tickets sold for the season = Seating capacity × Number of home games
Total tickets sold = 114,000 fans × 6 home games = 684,000 tickets
Total ticket sales = $102.6 million


Average price per season ticket (for all 6 games) = Total ticket sales ÷ Total tickets sold
Average price per season ticket = $102,600,000 ÷ 684,000 = $150
Average price per individual game ticket = Average price per season ticket ÷ Number of home games
Average price per individual game ticket = $150 ÷ 6 = $25
So, the average price per season ticket is $150, and the average price per individual game ticket sold is $25.

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Which is an example of a federal government transfer payment?
o payment to cia and fbi operatives
payment to automobile union members
o payment to federal court justices
o payment to individuals with disabilities

Answers

Payment to individuals with disabilities

What are the functions of money?
A. A measure of debt
B. A storehouse of value
C. A form of bartering
D. A unit of account
E. A medium of exchange

Answers

Answer:

E,C, and D, and B

Explanation:

The functions of money are- a measure of debt, a storehouse of value, a unit of account, and a medium of exchange. Thus all the options except C are the functions of money.

What is money?

Money is any item or verifiable record that is widely accepted in a particular country or socio-economic context as payment for goods and services and repayment of debts, such as taxes.

Money serves as a medium of exchange, a unit of account, a store of value, and, in some cases, a standard of deferred payment. Money was historically an emerging market phenomenon with intrinsic commodity value.

Its value is derived as a result of social convention, having been declared legal tender by a government or regulatory entity; that is, it must be accepted as a form of payment within the borders of the country, for "all debts, public and private."

Therefore, options A, B,D, and E are the functions of money.

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Marnie makes regular annual payments of $5,000 to her Individual Retirement Account (IRA). If the amount of interest she earns is 5. 6% per year, determine the future value of the account after 35 years. Round to the nearest cent. A. $540,581. 69 b. $511,914. 48 c. $190,508. 32 d. $189,623. 41.

Answers

The future value of the account after 35 years is $511,914. 48.

The payment Marnie is making is known as an ordinary annuity. An ordinary annuity is when a fixed payment is made at the end of a period at regular intervals for a period of time.

Future value = annual payments x annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

Annuity factor = [(1.056)^35 - 1] / 0.056 = 102.382897

Future value = $5000 x  102.382897 = $511,914. 48

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I NEED HELP ASAP!!!!
What advice would you give to shavonne to help her solve this problem with translation?

I NEED HELP ASAP!!!!What advice would you give to shavonne to help her solve this problem with translation?

Answers

Answer:

Do that thing with the rope where each kid holds on to a section and that way they are separated and not pushing. you could even make it fun like pretend they are a snake and serpentine.

Police are investigating the site of a convenience store robbery. The glass door was
broken, and it looks as if several packages of cigarettes are missing from behind the
counter. One police officer notices a man walking past the store and gets an odd
feeling about him. He stops the man and insists on searching his pockets. Inside the
man's pockets, police find several packs of cigarettes. They arrest the man and
charge him with the crime. Unfortunately, the judge throws out the charges. What is
MOST likely the judge's reason for dismissal?
A-The man is under 18 years old.
B-The man did not have money to post bail.
C-The policeman did not have probable cause to search the man.
D-The policeman did not have enough evidence that the man was the robber.

Answers

I would say the answer is D because he assumes the man stole them, didnt even ask for a receipt or confirm with the store clerk if he did buy them.

The MOST likely judge's reason for dismissal is the policeman did not have enough evidence that the man was the robber. Thus the correct option is D.

What is Robbery?

Theft or robbery is defined as the stealing of someone else's property without their permission and using force or a threat of force that exhibits fear in them to perform any action against them.

To prove a crime against someone requires one to submit enough evidence which helps to establish the claim as the justice system is based on evidence not on arguments.

In the given case, police found the activity of the men suspicious as they found cigarette packets from him. There is no evidence that he has stolen the cigarette packets might be possible he has purchased them.

So due to a lack of evidence against the person the Judge dismissal the case. Therefore, option D is appropriate.

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To fund your dream around-the-world vacation, you plan to save $1,650 per year for the next 13 years starting one year from now. If you can earn an interest rate of 6.67 percent, how much will you have saved for your vacation

Answers

To fund your dream around-the-world vacation, by saving $1,650 per year for the next 13 years at an interest rate of 6.67%, you will have saved approximately $32,221 for your vacation.

To calculate how much you will have saved for your around-the-world vacation, you can use the future value of an ordinary annuity formula.

The formula is: FV = P * [(1 + r)^n - 1] / r

Where:
FV = Future Value
P = Annual payment (in this case, $1,650)
r = Interest rate (6.67% or 0.0667 as a decimal)
n = Number of years (13 years)

Convert the interest rate to a decimal: 6.67% = 0.0667
Calculate (1 + r)^n: (1 + 0.0667)^13 ≈ 2.3023
Subtract 1 from the result: 2.3023 - 1 = 1.3023
Divide by the interest rate: 1.3023 / 0.0667 ≈ 19.5279
. Multiply by the annual payment: 19.5279 * $1,650 ≈ $32,221

To fund your dream around-the-world vacation, by saving $1,650 per year for the next 13 years at an interest rate of 6.67%, you will have saved approximately $32,221 for your vacation.

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You plan to make a series of deposits in an interest-bearing account. You will deposit $1,000 today, $2,000 in 2 years, and $8,000 in 5 years. If you withdraw $3,000 in 3 years and $5,000 in 7 years, how much will you have after eight years if the interest rate is 9%?

Answers

Answer:

$5,641

Explanation:

DEPOSIT NOW  

$1000 * FVIF 9%,8 PERIODS

= $1000 * 1.9926

= $1992.6

IN 2 YEARS

= $2000 * FVIF 9%,6 PERIODS

= $2000 * 1.6771

= $3354.20

IN 5 YEARS

= $8000 * FVIF 9%, 3 PERIODS

= $8000*1.2950

= $10360

WITHDRAWAL: IN 3 YEARS

= ($3000) * FVIF 9%, 5 PERIODS

= ($3000) * 1.5386

= ($4615.80)

IN 7 YEARS

= ($5000) * FVIF 9%, 1 PERIOD

= ($5000) * 1.0900

= ($5450)

Total value = $1992.6  + $3354.20 + $10360  - $4615.80 - $5450

Total value = $5,641

So, the total future value after eight years is $5,641

why is comparative value lead and value based organization?​

Answers

Answer:

The organizations with a common set of values that are practiced, in our experience, corporately develop a culture of accountability. The commitment to a value system serves to strengthen the firm’s culture, increases role clarity, retention, and productivity, and serves as a long-term benefit.

While it is important for a leader to understand the values expressed by all members of the team, there are times when an employee’s values are not in alignment with the organization’s. When an individual is new to the practice, it sometimes becomes clear when they aren’t in alignment with the firm’s values. In these cases, the individual has the choice to adapt or transition to another organization to which they more closely align. Neither the individual or the organization is served when values are not in alignment.

Explanation:

Another values-based leader I worked for inspired trust at all levels in the organization and he always did the right thing. He kept us aligned to our vision with the foundation being the firm’s core values. As a result, the work environment was filled with trust, clear communication and the drive to a common purpose. He motivated us to think beyond ourselves which fostered an environment of individual and corporate success.

Today’s successful organizations have a strong and well-defined culture.

HELP PLEASE!!!
what is the outcome when a person defaults on a home loan?
A. the person goes to jail.
B. the bank will make the person work a second job.
C.the bank will take the person's car.
D.the bank will foreclose on the home.

Answers

Answer:

D.the bank will foreclose on the home.

Explanation:

The bank may even sue and garnish wages and financial accounts. The bank may even serve a conversion of accetts.

How is the restaurant manager’s experience different from the customer’s experience?

Answers

Answer:

The restaurant Manager has in-depth knowledge of their business, workers, and income. While a customer might know a workers name a restaurant Manager knows their past record, their education level, and connections.

A manager also might deal with the money, meaning counting bills, change, while a customer simply pays.

Explanation:

Sorry if the question is looking for more specifics.

26A Journalizing dividend and treasury stock transactions, preparing a statement of retained earnings, and preparing stockholders' equity [30-45 min] The balance sheet of Goldstein Management Consulting, Inc., at December 31, 2011, reported the following stockholders' equity: Dec 31 Paid-in capital: Common stock, $10 par, 200,000 shares authorized, 15,000 shares issued uirements ******* Paid-in capital in excess of par-common Total paid-in capital Retained earnings... Total stockholders' equity ********** ******* During 2012, Goldstein completed the following selected transactions: Feb 6 Distributed a 5% stock dividend on the common stock. The market value of Goldstein's stock was $21 per share. Jul 29 Nov 27 $ 150,000 310,000 460,000 162,000 $622,000 Purchased 2,300 shares of treasury stock at $21 per share. Declared a $0.10 per share cash dividend on the 13,450 shares of common stock outstanding. The date of record is December 17, 2012, and the payment date is January 7, 2013. Closed the $81,000 net income to Retained earnings. 1. Record the transactions in the general journal. 2. Prepare a retained earnings statement for the year ended December 31, 2012. 3. Prepare the stockholders' equity section of the balance sheet at December 31, 2012.

Answers

1. Total Stockholders’ Equity $659,375.00 (150,000 + 172,550 + 235,125 − 48,300) 2.Total Stockholders’ Equity: $598,300.00 ($124,050 + $150,000 + $172,550 + $(48,300))

1. General Journal: Feb 6 Retained earnings: $157,500.00

Common Stock Dividend Distributable: $15,750.00 ($157,500 ÷ $21 per share) Jul 29 Treasury Stock: $48,300.00 Common Stock Dividend Distributable: $1,345.00 ($10 × 13,450 shares × 0.10 per share)

Nov 27 Treasury Stock: $48,300.00

Common Stock Dividend Payable: $1,345.00 ($10 × 13,450 shares × 0.10 per share)

Cash: $1,345.00 ($10 × 13,450 shares × 0.10 per share)

Dec 31 Retained Earnings: $124,050.00

Common Stock: $150,000.00 ($10 par × 15,000 shares issued)

Paid-in Capital in Excess of Par - Common: $172,550.00 ($460,000 − $150,000 − $138,450) Treasury Stock: $(48,300.00) Total Stockholders’ Equity: $598,300.00 ($124,050 + $150,000 + $172,550 + $(48,300))

2. Retained Earnings Statement: Retained earnings at January 1, 2012 $162,000.00 Add net income for the year 81,000.00 $243,000.00 Deduct 5% stock dividend 7,875.00 Retained earnings at December 31, 2012 $235,125.003. Stockholders’ Equity: Common Stock ($10 par; 200,000 shares authorized; 15,000 shares issued) $150,000.00 Additional Paid-in Capital: Paid-in Capital in Excess of Par – Common 172,550.00 Total Paid-in Capital 322,550.00 Retained Earnings 235,125.00 Treasury Stock (2,300 shares at $21 per share) (48,300.00)

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The largest human relocation in the history of the world took place during


Answers

Answer: The largest documented voluntary emigration in history was the Italian diaspora, which migrated from Italy 1861 and 1970 with 13 million people leaving the country. Mass migration may be forced migration such as the Atlantic slave trade.  

Answer:

World War II

Explanation:

Which of the following is not one of the categories into which the resources of a company are often divided?a. Human b. Social c. Financial d. Physical e. Value chain

Answers

The Value Chain is not one of the categories into which the resources of a company are often divided.

Here correct answer is D)

The Value Chain is a business analysis tool developed by Michael Porter in 1985, which is used to understand the activities that a company performs in order to create value for its customers. It is a tool to assess what activities a company should be engaged in, and how it should be organized to efficiently and effectively create value for its customers. The Value Chain is comprised of five primary activities: inbound logistics, operations, outbound logistics, marketing and sales, and service.

These activities are then divided into support activities such as procurement, technology development, and human resource management. The Value Chain is not a category of resources, but rather a tool used to understand how resources can be used to create value for customers.

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HELPP on question 10

HELPP on question 10

Answers

Answer:

land?

Explanation:

Answer:

Land

Explanation:

decisions made during the blank______ phase are sometimes called operational decisions.

Answers

The complete statement is defined as: Decisions made during the planning phase are sometimes called operational decisions.

These decisions are made in order to determine the best course of action for a company or organization. Operational decisions often involve making choices about how to allocate resources, such as money, time, and personnel, in order to achieve specific goals.

These decisions are typically made by managers or other leaders within an organization, and they can have a significant impact on the success or failure of a project or initiative.

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Im on a time crunch and need help. Ill give a good answer brainiest!!

JUST WRITE A SHORT SUMMARY OF THIS.

Let’s move on to the next ‘flavor;’ the Manufacturing career cluster covers the planning, managing, and processing of materials to create a final product. It also involves technical support, as well as maintenance and engineering. Whew! That’s a doozy of a definition. Basically, you can think of manufacturing as the people who work together to create something. They build, much like builders, but they create pieces and items. Manufacturing differs from building because it involves building items and components not large structures. Have you ever stepped inside a factory? A factory is a large space where manufacturing happens. Examples for a factory might include manufacturing car parts or packaging for food.

A man in a blue hard hat and coveralls works at a milling machine in a factory with another man looking over his shoulder.
The Manufacturing cluster presents careers that make components that are smaller than a building.

Let’s think back to Xavier again. Xavier looked into a company that built (or manufactured) different parts of a home for him. People who work in the Manufacturing career cluster would put together all of the separate parts needed for Xavier’s home, and Xavier would do the actual building or constructing of those parts to build the structure of his house.

Pathways in the Manufacturing Cluster
The Manufacturing career cluster has many career pathways that fall underneath it. We are going to scoop into those flavors one by one to get a better look at what falls into each.

Production Pathway
The first pathway we are going to discuss is the Production pathway. The Production pathway includes jobs/careers that work directly on the shop floor making or assembling parts. Remember, we discussed that many of these jobs and careers are in a factory. Working on the shop floor means they are working on the main floor of the factory where they assemble and create parts and materials. For jobs and careers in this cluster, you need a keen eye for detail, the ability to work with precision (or a high level of detail), and knowledge of how pieces and parts fit together. Jobs in this career pathway typically require a high school degree or apprenticeship if you are working on simpler projects, but if you are making and assembling very complicated parts (like technical parts for electronics), you may need a higher degree such as an associate, bachelor’s, or master’s.

Manufacturing Production Process Development Pathway
A person sketches out designs for cardboard boxes with several prototypes littering the drawings.
The Manufacturing Production Process Development pathway holds exciting careers like product design.

This pathway is a mouthful. The Manufacturing Production Process Development pathway includes employees who are responsible for product design and design of the manufacturing process. You can think of this pathway as architects, in a way, as they are the creative (and technical) force that puts together the product design (or how the product will look) and the process needed to make it look that way. Essentially, they decide how things get created and assembled. People in this pathway work with customers as well, bringing their visions to life. If the customer wants to package their new product in blue boxes with an orange ribbon tied around them, people in this career pathway will give an example of what this finished project will actually look like and how they will create them by the masses so all look identical. When designing packages, people in this pathway will usually work in an office, but others in this career cluster work on the factory floor, watching and tweaking the packaging process as it happens. Some jobs and careers in this pathway include design engineers, electronic technicians, electronic engineers, manufacturing engineers, manufacturing technicians, etc. Most jobs in this career cluster require at least an associate degree or higher depending on the types of designs and processes they are creating.

Maintenance, Installation & Repair Pathway
The Maintenance, Installation & Repair pathway is another mouthful. This pathway covers jobs and careers that perform preventative maintenance procedures on machines, tools, and equipment. They make sure that any machines and tools that are being used for a particular project are always up and running their best. They perform routine and regular checks on machines, as well as troubleshoot and repair electrical, electronic, and mechanical systems. People in this pathway are problem solvers. They are good at going in, seeing what’s not working, and fixing the problem ASAP. They also know how to best prevent problems before they even happen. Some jobs and careers that are included in this pathway are computer repair people, facility electricians, industrial maintenance workers, technicians, and mechanics.

Answers

these are not answers comments nobody know how to help with this

Yes I think uh uh uh

the tax designed to ensure that those who receive tax breaks also pay their fair share of taxes is called the:

Answers

the tax designed to ensure that those who receive tax breaks also pay their fair share of taxes is called the: Progressive tax.

What are progressive tax and regressive tax?

A progressive tax is one that increases the tax responsibility more than proportionately to an increase in income, whereas a regressive tax increases the relative burden less proportionately to the increase in income.

A tax is said to be regressive if it is levied in a way that the tax rate drops as the amount subject to taxation rises. When describing a distributional impact on income or spending, the term "regressive" refers to the rate's progression from high to low, causing the average tax rate to be higher than the marginal tax rate.

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Will we ever live in a world without scarcity? Explain.

Answers

Answer:

No, as some items are limited and its supply may not be able to meet the demand

Explanation:

e.g. water

there is limited water on earth and recycling water takes time and money

some places may experience drought, increasing demand of water more than what is available

water is then considered scarce in that area, at that point in time

Answer:

Maybe and no.

Explanation:

To answer this question, one must first understand and define scarcity.  In one's definition, scarcity is the limited access to a needed supply or the inability to obtain a needed supply.

Following this definition, we can apply this to disparity found throughout the world.  The two types of scarcity that are faced daily are natural scarcity and artificial scarcity.  Natural scarcity is simply the lack of the necessary resources needed to provide a certain supply, think gold.  Artificial scarcity is simply the control of a resource that isn't readily available to the masses although it could be easily, think drinking water.

As there are a finite amount of resources on the planet, the answer to the question "Will we ever live in a world without natural scarcity?" would be no since we can only harvest resources so quickly, and eventually, the resources will be depleted.  The only way to solve this long term, it to find resources from other terrestrial bodies, such as asteroids.  In the short term, this could be solved by increasing production, but that could lead to other potential problems.

As there will always be the unaccountable "human factor", the answer to the question "Will we ever live in a world without artificial scarcity?" would be maybe.  As humans don't place the same value on things or each other, it's impossible to say if we as a species will ever eliminate artificial scarcity.  An assumed large portion of artificial scarcity comes from human greed or indifference, since we as a species have the means to help one another, but for some reason or another choose not to.

One could hope that in the future, artificial scarcity will be eliminated, and an alternative resource stream can be found to extend the inevitable natural scarcity.

Hope this helps.

Cheers.

Kiddie World uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost of goods sold. The following data are available at the end of the year:

Answers

Conservative Approach:

The phrase, conservative approach or lower of cost and net realizable value approach, is defined as an approach that includes net markup and excludes net markdown in determining the cost ratio in order to arrive at conservative cost. Conservative cost is lower than the average cost, which includes both net markup and net markdown in determining cost ratio

Answer and Explanation: 1

1. The estimated inventory and cost of goods sold using average cost are computed as follows:

Therefore, the estimated ending inventory is $351,994 and the cost of goods sold is $872,006 using the average cost method.

2. The estimated inventory and cost of goods sold using LIFO are computed as follows:

The ending inventory at cost under LIFO method is computed as follows:

429,000 x 74.59%= 319,991.10

(452,000- 429,000) x 72.32%= 16,633.60

= 319,991.10 + 16,633.60 = 336,624.70

Therefore, the estimated inventory is $336,624.70 and cost of goods sold is 887,375.30 using LIFO method.

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Kiddie World uses a periodic inventory system and the retail inventory method to estimate ending inventory
Kiddie World uses a periodic inventory system and the retail inventory method to estimate ending inventory

Match the items with their descriptions.
copyright owner
fair use of copyright materials
government publications
a life span of 20 years
use and display the copyrighted material
exempt from the Copyright Law
paraphrase articles for news reports
patents

Answers

Each of the items should be matched with the correct and appropriate descriptions as follows:

Government publications: a life span of 20 years.Copyright owner: use and display the copyrighted material.Fair use of copyright materials: exempt from the copyright law.Patents: paraphrase articles for news reports.

What is copyright law?

Copyright law simply refers to a set of formal rules and regulations that are granted by the government to protect an intellectual property (IP), especially by giving the creator or original author an exclusive right to use during his or her lifetime, while preventing any unauthorized access, unlawful use or duplication by other parties.

In this context, we can reasonably infer and logically deduce that a copyright grants a creator the exclusive right to use the creation during his or her lifetime, including the creator's heirs for 70 years after the creator's death.

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Government publications- a life span of 20 years. Copyright owner - use and display the copyrighted material. Fair use of copyright materials - exempt from the copyright law. Patents - paraphrase articles for news reports.

What is Government publications?

A government publication is defined as "informational material issued as an individual document at Government expense, or as required by law" under the United States Code.

Census data, statistical information, reports, journal articles, Royal Commission findings, parliamentary documents, legislation, and legal citations are a few examples of government publications.

Thus, statements are match correctly above.

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