Jones Corporation exchanges 180,000 shares of its common stock with a par value of $1 for the purchase of land with a market value of $200,000. Debit Land for $20,000 in order to reflect this purchase. Credit Common Stock in the amount of $180,000 (180,000 shares * $1).
What is the name for company-issued and repurchased shares of its own stock?A stock that was formerly in circulation but has since been bought back and is now owned by the corporation that issued it is referred to as treasury stock. Treasury stock is a counter equity account since it lowers the amount of total shareholders' equity on a company's balance sheet.
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The sales philosophy and process that emphasizes a commitment to maintaining customer relationships over the long term and investing in opportunities that are mutually beneficial to all parties is known as ________ selling.
The promoting philosophy outlines how a association thinks about the income process, assessing client needs, diagnosing problems, qualifying opportunities, and producing revenue.
What is the main philosophy of marketing?Marketing is referred to as the process of creating, communicating and delivering products for the customers in order to satisfy their needs and wants. The cause of a marketing philosophy is to discover these desires and fulfil them
Companies adopt one of four philosophies when identifying on how to create an organizational advertising and marketing process. The four philosophies are production, sales, marketing and societal advertising and marketing orientations
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https://brainly.com/question/16999698#SPJ4fundamental questions of justice arise because employees are subject to considerable harms from a lack of security in their jobs and do not have much power to create security.
True - fundamental questions of justice arise because employees are subject to considerable harm from a lack of security in their jobs and do not have much power to create security.
Employment is a courting between two parties regulating the availability of paid labour services. generally based totally on a agreement, one birthday celebration, the agency, which is probably a company, a not-for-earnings corporation, a co-operative, or any other entity, will pay the other, the employee, in go back for carrying out assigned paintings.[1] employees paintings in go back for wages, which can be paid on the idea of an hourly price, by way of piecework or an annual income, depending on the type of work an employee does, the triumphing conditions of the world and the bargaining power among the parties.
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a investment grows to at interest compounded quarterly. for how long was the money invested? round to the nearest year
The money invested is 7. The compounding formula is used to create the quarterly compounding formula. With various time periods, you can apply the same principle for calculating interest rates: Divide the annual rate by 360 to get the interest rate per day.
Compounding quarterly is the term used to describe the amount of interest that is earned on a quarterly basis on a savings account or investment where the interest is also reinvested. As most banks offer interest income on the deposits, which compounds quarterly, this information is useful in computing the fixed deposit income. With various time periods, you can apply the same principle for calculating interest rates: Divide the annual rate by 360 to get the interest rate per day (or 365, depending on your bank). Divide the annual rate by four to get the quarterly rate. The interest would be paid to you at the end of each quarter, for instance, if the financial institution reports quarterly compounding interest, which implies interest will be compounded four times year.
Based on the given conditions,
Formulate
[tex]8000*(1+\frac{3percent}{4} )^{4t} =10000[/tex]
Solve the equation
[tex]8000*(1+\frac{0.03}{4})^{4t}=10000\\8000*(\frac{403}{400}})^{4t}=10000\\[/tex]
Divide the both
[tex](\frac{403}{400}})^{4t}=\frac{10000}{8000}\\\\\\(\frac{403}{400}})^{4t}=\frac{5}{4}\\\\\\4t=log_{\frac{403}{400}}\frac{5}{4}[/tex]
Divide both sides
[tex]t=\frac{log_{\frac{403}{400}}\frac{5}{4}}{4}[/tex]
Find the closest integer [tex]t=\frac{log_{\frac{403}{400}}\frac{5}{4}}{4}=7[/tex]
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An $8,000 investment grows to $10,000 at 3% compounded quarterly. For how long was the money invested? Round answer to the nearest year.
in a typical product-mix problem in linear programming, the objective is to part 2 a. minimize resource usage. b. maximize total production. c. maximize profit. d. minimize cost.
In a typical product-mix problem in linear programming, the objective is to c. maximize profit.
A product is an object, or system, or provider made available for patron use as of the patron call for; it is something that can be offered to a marketplace to satisfy the preference or need of a customer.
A product is the item presented for sale. A product can be a carrier or an object. it can be bodily or in virtual or cyber shape. every product is made at a price and every is sold at a price. The charge that can be charged relies upon in the marketplace, the quality, the advertising and the phase that is centered.
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______ represents the degree to which employees are accepted and treated fairly by their organization.
Inclusion represents the degree to which employees are accepted and treated fairly by their organization.
What is organization, and what are some examples of it?An organization is a business, institution, or association with one or more members and a defined mission (Commonwealth English; see spelling variations).
What exactly is a company and what does it do?Organization enables the most effective use of both financial and human resources. It not only aids in the proper assignment of jobs to competent personnel, but it also makes sure that no time or resources are lost due to duplication of effort.
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which are reasons that companies began to shift interest from local markets to larger markets during the industrial revolution and the civil war?
The Industrial Revolution enabled companies to expand to larger markets through increased production and in transportation, the middle class increased the demand for goods. This provided companies to capitalize on larger markets.
1. The need to expand and diversify production to meet the increasing demand of a growing population.
2. The availability of new markets with higher potential for profit.
3. Access to resources and raw materials that were not available in local markets.
4. The increased ease of transportation and communication between the larger markets and local areas.
5. The emergence of new technologies and techniques allowed for increased efficiency and increased production.
6. The development of financial and legal systems that provided incentives for companies to invest in larger markets.
7. The disruption of local markets due to political, economic, and social upheaval caused by the Industrial Revolution and the Civil War.
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Michelle Robinson is thinking about two different decisions. One decision is quite risky, while the other decision is more conservative. To help her make the right decision, she decides to calculate the:
a. quickratio. b. managementanalysis. c. moneyfactor. d. risk-return ratio. e. entrepreneurial ratio.
To be able to make the right decision between the risky and conservative decision, Michelle Robinson should take a d. risk-return ratio calculation.
What is the benefit of the risk - return ratio calculation?The risk - return ratio allows us to find out if we are getting enough returns from an investment, relative to the risk that we are incurring. In other words, the risk - return ratio would show us if we are being adequately compensated for the risk that we take when we decide that an investment is the best option for us.
The risk - return ratio is important because it allows us to compare investments that have different risks. This means that Michelle Robinson can adequately compare the two decisions which are risky and conservative based on which decision brings in more returns, relative to the investment.
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cole is the vice president of hair beware corp., which provides hair transplant services. he is approached by a company called lasers, inc. which manufactures a new special laser, and is told that if he gets the board of directors to approve the laser manufacturer that he will get 10% of any profits from the new contract with lasers, inc. this contract could result in hundreds of thousands of dollars in personal profit for cole each year. if cole agrees to the deal, then he has violated:
Group of answer choices
His fiduciary duty for personally voting to approve the deal
His fiduciary duty of responsibility to the corporation
His fiduciary duty not to act negligently
His fiduciary duty of loyalty to the corporation
If Cole agrees to the deal, then he has violated his fiduciary duty of loyalty to the corporation.
The obligation of loyalty, which is sometimes referred to as the fundamental rule governing fiduciary relationships, is especially rigorous under the law of trusts.
In that sense, the phrase refers to a trustee's obligation to administer the trust in accordance with its provisions and only with regard to the interests of the beneficiaries. A trustee is normally prohibited from taking part in activities that might result in self-dealing or even the appearance of a conflict of interest. A fiduciary must also deal with openness with regard to important information they have learned through dealing with beneficiaries.
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one strategy with profit-enhancing appeal that a company can pursue to reduce its exposure to adverse exchange rate adjustments to the total production cost of pairs shipped from a production facility in one geographic region to distribution warehouses in a different region is to
(a) Pass the cost of the adverse exchange rate adjustment along to purchasers of the company's footwear by raising the prices of all footwear sold in a geographic region by the full amount of any adverse exchange rate adjustment per pair that the company incurs in that region.
(b) Build sufficient plant capacity in each of the four geographic regions to supply most/all of the pairs needed in that region and greatly reduce (or eliminate) the need to ship pairs to a distribution warehouse from a plant in a different geographic region-such a strategy also cuts a company's payments of import tariffs.
(c) Build plants in geographic regions where there are adverse exchange rate cost adjustments and ship pairs from these plants to regions where there are favourable exchange rate cost adjustments.
(d) Pursue a strategy of ignoring exchange rate cost adjustments that are either favourable or unfavourable--the sizes of the favourable and unfavourable exchange rate adjustments in each geographic region will cancel each out over the various decision rounds and thus have no net effect on the company over the long run.
(e) pursue a strategy of lowering the prices of all footwear sold in a geographic region by the full amount of any unfavorable/adverse exchange rate adjustment per pair that the company incurs in that region and raising the prices of all footwear sold in a geographic region by the full amount of any favorable exchange rate adjustment per pair that the companies incurs in that region--such pricing adjustments act to maximize the resulting gains in total profits.
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A foreign subsidiary of Thun Corporation has one asset (inventory) and no liabilities. The functional currency for this subsidiary is the yuan. The inventory was acquired for 100,000 yuan when the exchange rate was $0.16 = 1 yuan. Consolidated statements are to be produced, and the current exchange rate is $0.12 = 1 yuan. Which of the following statements is true for the consolidated financial statements?
Multiple Choice
A remeasurement gain must be reported.
A positive translation adjustment must be reported.
A negative translation adjustment must be reported.
A remeasurement loss must be reported.
Following statements is true for the consolidated financial statements A negative translation adjustment must be reported.
Consolidated monetary statements are monetary statements that gift the assets, liabilities, equity, income, fees and coins flows of a determine and its subsidiaries as the ones of an unmarried monetary entity. A consolidated monetary announcement is a monetary announcement of a determine organization and all its divisions or subsidiaries.
A consolidated monetary announcement is regularly used via way of means of the Financial Accounting Standards Board withinside the context of a organization that has a collection of enterprises. While getting ready a consolidated monetary announcement, the determine organization's monetary statements and its subsidiaries should be mixed line via way of means of line via way of means of totaling collectively comparable objects inclusive of assets, liabilities, income, and fees.
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b2b company is considering the purchase of equipment that would allow the company to add a new product to its line. the equipment costs $360,000 and has a 12-year life and no salvage value. the expected annual income for each year from this equipment follows. sales of new product $ 225,000 expenses materials, labor, and overhead (except depreciation) 120,000 depreciation—equipment 30,000 selling, general, and administrative expenses 38,250 income $ 36,750 (a) compute the annual net cash flow. (b) compute the payback period. (c) compute the accounting rate of return for this equipment.
B2B company is considering the purchase of equipment that would allow the company to add a new product to its line. the equipment costs $360,000 and has a 12-year life and no salvage value.
The expected annual income for each year from this equipment follows. sales of new product $ 225,000 expenses materials, labor, and overhead (except depreciation) 120,000 depreciation—equipment 30,000 selling, general, and administrative expenses 38,250 income $ 36,750 (a) compute the annual net cash flow. (b) compute the payback period. (c) compute the accounting rate of return for this equipment.
Therefore, Payback period is 5.39 years and accounting rate of return is 20.42%
Equipment is a tangible lengthy-term asset that benefits a commercial enterprise over numerous years of use. computers, vans and production equipment are all examples of equipment. they may be tangible because they have a bodily shape—not like intangible assets (including patents, logos or copyrights) that don't.
Salvage fee is the estimated ebook cost of an asset after depreciation is entire, based totally on what a agency expects to get hold of in exchange for the asset at the stop of its beneficial lifestyles. As such, an asset's anticipated salvage cost is an essential element inside the calculation of a depreciation agenda.
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supply chain management is:multiple choiceinternally focused from supply management to internal users/customers.internally focused to align with other functions and externally focused ups
Supply chain management is: Internally focused to align with other functions and externally focused upstream through the supplier network and downstream through the customer network.
On the maximum essential degree, supply chain management (SCM) is management of the glide of products, facts, and budget related to a product or service, from the procurement of uncooked substances to the transport of the product at its very last destination.
Supply chain management is the control of the float of products and services including all methods that remodel uncooked substances into very last products between companies and places.
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Suppose you write 44 put option contracts with a $70 strike. The premium is $2.40. Evaluate your potential gains and losses at option expiration for stock prices of $60, $70, and $80.
The correct option = 10560
If the price moves in your favor and the spot price at expiration is less than the strike price, you should sell your put option. However, writing a put option means that you are selling the right to do so to another party.
Profit will be made at any price higher than the strike price.
If the price rises above the strike price, the option buyer will not exercise the option.
Amount of premium received =number of put options written * premium *100 [put option contract comprise of 100 shares]
= 44 *2.4 *100
= 10560
Put Option Payoff:
A put option on a stock gives the holder the right to sell shares of that stock to the option writer. Because the selling price is fixed, the lower the market price, the higher the payoff for the option holder.
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When sellers exit a market in which the average seller has losses, what results?
A. The market demand shrinks as consumers avoid struggling sellers.
B.The losses shrink or disappear as the market demand is spread over a smaller number of sellers.
C. The sellers that exit avoid the losses that the remaining market sellers continue to suffer.
D. The remaining sellers have higher demand but also face cost curves that shift upward.
Option B. The losses shrink or disappear as the market demand is spread over a smaller number of sellers. When sellers exit a market, the remaining sellers benefit from the reduced competition. This means that the market demand is spread over a smaller number of sellers, which results in the losses shrinking or disappearing.
Benefits of Sellers Exiting a MarketThe reduction in competition that results from sellers exiting a market has the potential to benefit the remaining sellers in the form of increased demand and lower losses. By reducing the number of sellers, the market demand is spread over a smaller number of sellers, which can lead to a reduction in losses. This can be beneficial to the remaining sellers, as they now face cost curves that do not shift upward and can enjoy higher demand.
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the introduction phase of the product life cycle (plc) for an industry is usually characterized by .
The introduction phase of the product life cycle (PLC) for the industry is usually characterized by the building of awareness of the product or service in certain markets. The introduction stage happens when a product is launched in the marketplace.
There are different stages of the product life cycle. These include development, introduction, growth, maturity, saturation, and decline. The development stage of the product life cycle is the research phase before a product is introduced to the marketplace. In this stage, companies typically spend a lot of money without bringing in any revenue because the product isn't being sold yet.
In the introduction phase, marketers focus on advertising and marketing campaigns. They also work on testing distribution channels and building product and brand awareness.
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a price shock (inflation shock) is: a change in the price level that is not caused by a change in output or a change in input prices. a change in output prices that is not caused by a change in output or a change in the price level. a change in input prices that is not caused by a change in output or a change in the price level. a change in the price level that is caused by either a change in output or a change in input prices.
A supply shock is an unanticipated occurrence that alters the supply of a good or commodity, which prompts an abrupt shift in price. In contrast to a negative supply shock, which reduces output and raises prices, a positive supply shock boosts output and lowers prices.
An inflation shock is what?An inflationary shock occurs when prices of goods rise abruptly (for instance, after a reduction in government subsidies) without immediate salary adjustments throughout society (resulting in a temporary loss of purchasing power for many consumers); or when production costs start to outpace corporate.
We discover that a positive inflation expectations shock is deflationary and contractionary using data for the United States: inflation, output, and interest rates all decrease. The traditional New Keynesian model, which forecasts rising inflation and interest rates, is at odds with these findings.
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A very large study showed that aspirin reduced the rate of first heart attacks by %. A pharmaceutical company thinks they have a drug that will be more effective than aspirin, and plans to do a randomized clinical trial to test the new drug. What is the null hypothesis the company will use?.
Answer:
The hypothesis is :What are the effects on people having their first heart attack with this drug.
Explanation:
When Creative Pen Company designed a new pen that was particularly comfortable to use, it wanted to literally get the pen in the hands of as many consumers as possible. Creative Pen will probably choose __________ distribution for its new product.
A. primary B. independent C. intensive D. exclusive E. selective
The correct response is C. intensive. When Creative Pen Company designed a new pen that was particularly comfortable to use, it wanted to literally get the pen in the hands of as many consumers as possible. Creative Pen will probably choose intensive.
Intensive pronouns are employed to emphasize the sentence's subject or antecedent. The intensive pronoun is typically found immediately following the noun or pronoun it modifies, however this is not always the case. An intensive pronoun is one that emphasizes the topic of a sentence by referring back to it. For instance, in the line, the pronoun himself is an intense pronoun. The criminal was the detective himself. grammatical divisions. Before the word or phrase they alter, intensives often serve as adverbs. For instance, the intensive word "bloody well" is frequently used in Great Britain as in "I shall bloody well do it." By "intense study," we don't mean original work in the sense that the word is used in advanced college courses; rather, we mean a brief period of attentive, fairly in-depth research. The study will be more in-depth the shorter the time allotted and the longer the time spent on it.
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A company that wants to use scenes from the pixar movie soul in its advertising campaign would have to have a __________ with the pixar company to use the movie.
A company that wants to use scenes from Pixar movie soul in its advertising campaign would have to have a licensing agreement with the Pixar company to use movie.
What is a licensing agreement?The licensor and the licensee are the two parties to a licensing agreement, which is a formal legal contract. The licensor typically grants the licensee permission to create and sell items, use the licensor's brand name or trademark, or make use of any patented technology in a licensing agreement. In return, the licensee typically consents to a number of restrictions on how to use the licensor's property and agrees to pay royalties. A wide range of well-known circumstances are covered by licensing agreements. Or a small manufacturer can, in order to acquire a competitive edge, license a proprietary production technology from a bigger company rather than investing the time and resources to try to develop its own technology.
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the journal entry for a right-of-use asset to record the periodic amortization includes a credit to: multiple choice question. accumulated amortization-right-of-use asset lease liability right-of-use asset amortization expense
The journal entry for a right-of-use asset to record the periodic amortization includes a credit to Amortization Expense.
What is Amortization Expense?
A write-off of an intangible asset over the course of its anticipated use, or amortization expense, represents the asset's consumption. The residual asset balance decreases as a result of this write-off over time.
Almost always, amortization is computed on a straight-line basis. Since it is difficult to demonstrate that intangible assets are consumed more quickly in the first few years of their useful lives, accelerated amortization methods aren't very useful. Accounting for amortization expense involves debiting the account for amortization expense and crediting the account for cumulative amortization.
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match the net present value analysis with the appropriate reasoning. acceptable project with a positive net present value acceptable project with a positive net present value drop zone empty. acceptable project with a net present value of zero acceptable project with a net present value of zero drop zone empty. unacceptable project with a negative net present value
a. The project offers a higher rate of return than is necessary.
b. The project guarantees a return of the desired rate of return.
c. The project guarantees a lower rate of return than is necessary.
What is the rate of return?A return in finance is a profit on an investment. It includes any change in the investment's value and/or cash flows received by the investor, such as interest payments, coupons, cash dividends, stock dividends, or the payout from a derivative or structured product. It can be expressed as an absolute figure or as a percentage of the amount invested. This is also known as the holding period return.
To compare returns across time periods of varying durations on an equal footing, each return should be converted into a return over a standard length of time. The rate of return is the outcome of the conversion.
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you have experienced issues with students losing focus and not being able to find information online that they had previously found. what can you do to help your students improve their online research productivity?
You can teach the children to search for history or bookmark the information that they want to use later.
While researching, a student might lose focus and has trouble in getting information from the internet that he might have previously researched.
In order to help students to retrieve searched information, you can teach the children to visit history from the search engine that they were previously using. By viewing the history, they can search to improve their research productivity.
You can also teach the children to bookmark the pages online that they want to retrieve later. By doing so, they will be able to mark the pages whose content they want to research and use later.
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james, an american who works for a u.s.-based company, has been sent to england for a work assignment. james would be known as a(n)
James, an american who works for a u.s.-based company, has been sent to england for a work assignment. James would be known as an expatriate.
Who is an expatriate?Basically, an expatriate is a person who resides outside their native country.In common usage, it refers to educated professionals, skilled workers, or artists taking positions outside their home country either independently or sent abroad by their employers.
In other word, an expatriate means the individual living and/or working in a country other than their country of citizenship often temporarily and for work reasons. It can also be an individual who has relinquished citizenship in their home country to become a citizen of another.
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Judy's boutique just paid an annual dividend of $2. 29 on its common stock. The firm increases its dividend by 3. 10 percent annually. What is the company's cost of equity if the current stock price is $38. 20 per share?.
If the current share price of the company is $38.20, then the cost of equity for the company is 8.36%.
Dividend Growth Model: What Is It?The discounted present value of future dividends is used to price a stock under the dividend growth model, which posits that a firm's dividend will increase at a steady pace eternally. According to this model, the dividend yield plus the dividend growth rate can be added to get the needed return on a stock.
The dividend growth model can be used to provide an answer. The model suggests that the following formula might be used to calculate the necessary requirement on a stock:
Required return = last dividend X (1 + dividend growth rate) / current stock price + growth rate of a dividend
The most recent dividend in this case is 2.29, the dividend growth rate is 3.10, and the stock price is at 38.20. Making use of the model
Required return = 2.29 X (1 + 3.10%) / 38.20 + 3.10%
=2.29 X 1.031 / 38.20 + 0.031
=2.36099 / 28.231
= 0.0836
= 8.36%
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chegg for a perfectly competitive firm, if economic profits exist, how will this impact the number of firms in the industry? if economic losses exist? what will long-run economic profits be for the perfectly competitive firm?
Perfectly competitive firms are called price takers because pressure from competitors forces them to accept the prevailing equilibrium price in the market. In a highly competitive market, if a company raises the price of its product by even one cent, the company loses all its sales to its competitors.
Competitive markets create competition among consumers. This means that one consumer is competing with another for goods and services, especially for declining inventories. For example, when purchasing tickets to sporting events or music concerts, consumers often compete for the best seats.
A company seeks to maximize total revenue minus total cost profit in a highly competitive market. Average revenue is the total revenue divided by the quantity sold (quantity produced). Average turnover tells you how much the company has in terms of typical units sold. (Total sales is price x quantity).
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Vijay Inc. purchased a three-acre tract of land for a building site for $420,000. On the land was a building with an appraised value of $123,000. The company demolished the old building at a cost of $12,000, but was able to sell scrap from the building for $1,700. The cost of title insurance was $900 and attorney fees for reviewing the contract were $460. Property taxes paid were $2,400, of which $290 covered the period subsequent to the purchase date. The capitalized cost of the land is:
A. 435,760
B. 433,770
C. 298,190
D. 435,470
The correct option is: B. 433,770
Actual Cost of Land 420000
ADD:-
demolished cost 12000
Insurance 900
Attorney Fee 460
Property Tax Paid(2400-290) 2110 15470
435470
Less:-scrap sold -1700
Capitalized cost of land 433770
How Does Property Tax Work?
Property tax is a charge made on real estate that is owned by a person, a business, or another type of legal body. Property tax is most frequently a real estate ad-valorem tax, regarded as a regressive tax. The local government computes it in the area where the property is situated, and the owner is responsible for paying for it. Usually, taxes are calculated based on the value of the assets that are possessed, including land. However, a lot of places additionally tax things like vehicles and boats that are tangible personal property.
The local governing body will utilize the assessed taxes to pay for water and sewer upgrades and other community-beneficial services including libraries, law enforcement, fire protection, and road and highway building. Reconveyance deeds do not interact with property taxes.
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neoliberalism is associated with a. selling public services like water and public transportation to for-profit companies. b. increased spending on health and education. c. increased financial regulation to protect consumers from predatory lenders. d. supporting fair trade to return profits to producers.
Neoliberalism is associated with selling public services like water and public transportation to for-profits companies.
Is neoliberalism a form of political philosophy?The World Bank, the International Monetary Fund, the World Trade Organization, and many of the United Nations' technical agencies, including the World Health Organization, all have neoliberalism as their dominant ideology. Neoliberalism also permeates the public policies of many governments in both developed and developing nations.
In terms of human rights, what is neoliberalism?The goal of neoliberal theory is to lessen or perhaps do away with the state's social and welfare duties, which are essential to the protection and realization of human rights.
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you’re the it director for a moderately sized moving company. the company has grown at a healthy rate over the past few years, adding some new moving trucks and several new personnel as business has expanded throughout the state. what used to be a family-sized company where everyone knew everyone else, has become a recognizable trademark in the industry with a sizable fleet and a complicated staffing schedule. the office manager has been complaining about the increasing difficulty of scheduling all the vehicles, and even more so trying to keep up with them once they’re on the road. he also says customers have been complaining of delayed deliveries, mis-scheduled appointments, and under staffing for job assignments. the ceo has asked you to select and set up a fleet management system that will schedule and track all of the company vehicles, provide updates to customers of a specific truck’s location, and route vehicles to their respective destinations efficiently. she says it would be nice to have "all the bells and whistles" for this software, but she doesn’t think the company can afford top-of-the-line or custom software yet. she’s hoping you can find something more moderately priced, but with the potential to grow with the company as business continues to increase. before you start researching fleet management software, your first task is to clearly define the problem. this will help guide your decisions as you choose, modify, and implement a solution.
The company's CEO has requested you to choose and set up a fleet management system that would efficiently route trucks to their track all of the company's vehicles, and update consumers on the whereabouts of a specific truck.
Although she thinks the business can't currently afford top-of-the-line or custom software, she adds it would be good to have "all the bells and whistles" for this software. She's hoping you can locate something more reasonably priced that also offers the chance to grow with the firm as it expands.
Establishing a precise definition of the issue is your first duty before looking at fleet management software. This will inform your choices as you select, alter, and put a solution into practise.
1. What issue must this system resolve?
Ans: The administration of a fleet manually is ineffective.
2. With whom should you consult to establish the fleet management system's priorities?
Ans: To find out which features would be most helpful to users of the software, talk to the office manager, truck drivers, and other clients.
3. Which kind of resolution do you pick?
Ans: A vendor that you engage to tweak open-source software is the answer.
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Describe how advances in technology in today’s business world have both legal and ethical implications.
To stay up with the rapidly changing technological environment, laws and regulations that safeguard customers, employees, and other stakeholders are frequently updated.
What legal and ethical ramifications do modern business technology advancements have?To prevent legal ramifications, businesses must make sure they are current with all applicable rules and regulations.
For corporations, technical advancements have ethical implications in addition to legal ones. If technology is used irresponsibly, it can create ethical questions about how employees are monitored and how customers' data is collected. The privacy of employees and customers must be protected, and businesses must use the data they collect in an ethical and responsible manner.
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what is budgetary control? question 1 options: another name for a flexible budget the use of budgets in controlling operations the degree to which the cfo controls the budget the process of providing information on budget differences to lower level managers
Financial jargon for managing income and expenses is budgetary control. In actuality, it is routinely comparing actual income or expenses to anticipated ones to determine whether remedial action is necessary.
For instance, annual funds for general equipment are allocated to the majority of university departments. A department will be able to determine if a certain item can be afforded by routinely comparing actual spending on this budget against projected spending. A department will need to find an other source of funding if the account is in deficit (e.g. departmental reserves or charging to a research grant or contract).
Budgetary control is the process of observing expenditures and taking appropriate action.
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