a primary function of a central bank is to group of answer choices control the bond market. publish statistics on banking and related financial matters. regulate dividend payments by corporations. set monetary policy.

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Answer 1

The primary function of a central bank is to set monetary policy.

Elaborate on monetary policy.

To exercise control on the entire amount of money in circulation, put into action policies like raising interest rates and changing bank reserve requirements, promote economic growth, a nation's central bank implements various tools all together know as the monetary policy.

Under a twin mandate to increase employment while managing inflation, the Federal Reserve Bank of the U.S. carries out monetary policy

Monetary policy is the process of regulating both the total amount of money in an economy and the channels by which it is distributed.

Economic variables such as the GDP, inflation rate, and sector- and industry-specific growth rates have an impact on monetary policy strategy.

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because trade raises as firms and workers play to their comparative advantage, trade will also cause the average level of wages in an economy to .

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Because trade raises the amount that an economy can produce by letting firms and workers play to their comparative advantage, trade will also cause the average level of wages in an economy to rise

How does trade affect the economy?Trade is essential to the prosperity of the United States because it boosts economic expansion, promotes domestic employment, raises living standards, and enables citizens to sustain their families with reasonably priced goods and services. When labor is fixed and a country adopts free trade, the real wage in the export sector stays constant relative to the exported good while rising relative to the import good in both countries. Since rich countries, who have more capital and less labor, export items with a high labor content, trade drives up wages in developing nations' relative terms. Tariffs and other trade restrictions increase the cost of goods and services for American companies and consumers while reducing their supply, which lowers income, employment, and economic production. The first is a net wealth effect, which raises the overall demand for goods and services.The second consequence of terms of trade is an increase in the rate of return on producing nontraded commodities as a result of better terms of trade.

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the cutting edge sells ice skates. total sales are $845,000, total variable expenses are $245,050 and total fixed expenses are $302,000. the variable expense ratio is blank . multiple choice question. 35% 100% 29% 71%

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The Cutting Edge sells ice skates. Total sales are $845,000, total variable expenses are $245,050 and total fixed expenses are $302,000. The variable expense ratio is 29%.

What is the variable expense ratio?

Generally, A company's variable expenditures are expressed as a percentage of its total sales in the variable expense ratio.

To get the variable expenditure ratio for a firm, just take the entire variable costs for the company and divide that number by the company's total net sales. Simply multiplying the value by 100 will allow you to describe it as a percentage.

To get the variable expenditure ratio for a firm, just take the entire variable costs for the company and divide that number by the company's total net sales. Simply multiplying the value by 100 will allow you to describe it as a percentage.

Therefore

The variable expense ratio = $245,050/ 845,000

The variable expense ratio = 0.29

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assume bgl enterprises increases its operating efficiency by lowering its costs while holding its sales constant. as a result, given all else constant, the:

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Assuming bgl enterprises increases its operating efficiency by lowering its costs while holding its sales constant as a result, given all else constant, the return on equity will increase.

What is  equity?

Equity can be described as the amount of capital that is been invested or owned by a particular firm which is been used in operation of the business.

It should be noted that the equity  can be calculated  by finding the difference between liabilities and assets  of the company and in the case above we can see that achieve the increase the cost has been lowered.

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the costs of restructuring an asset so that it has new capabilities, but where it is uncertain if the restructuring will provide future benefits, should be

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The expenses of reworking an asset to give it new capabilities should be considered when it is unclear whether the reworking will result in future advantages is depreciated over future periods benefited and capitalised.

Throw light on the concept of depreciation of assets.

The accounting approach of depreciation can be used to spread out a tangible item's cost over the period of its useful life using the accounting approach of depreciation. Depreciation indicates how much of an asset's worth has been expended. It makes it possible for companies to buy assets over a predetermined period of time and profit from those assets.

Equipment and machinery are expensive assets. Companies can utilize depreciation to spread out the cost of an asset rather than realizing the entire cost in the first year, and to match corresponding revenues and expenses in the same reporting year.This makes it possible for a company to depreciate an asset's value over time, especially during its useful life.

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denis and debbie are married and file jointly. they have two children, ages 10 and 12, that qualify for the child tax credit. their 2022 agi for the current year is $142,000. the amount of their child tax credit is $

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Your dependent must typically meet the following criteria in order to qualify as a child for the 2021 tax year: married Be your child, whether biological or adopted, stepchild, suitable foster child, brother, sister, stepbrother, stepsister, half-brother, half-sister, or a descendant of one of these (such as a grandchild, niece, or nephew).

The following types of income do not qualify as earned income for the credit: Parental assistance. revenue in retirement. benefits from social security. Even if you had no income and had not paid any U.S. Social Security taxes, you were still eligible to use the 100% refundable Child Tax Credit. Children under the age of 18 who meet the requirements can now use the credit. However, the dependent child's gross income must be at least $600 to be eligible for benefits under the qualifying relative requirements married. less than $4,400 was spent overall. When must your kid submit their tax return? A child is normally exempt from paying income tax on up to $12,950 of earned income in 2022. The qualified youngster is typically claimed as a dependent on tax returns by the custodial parents. The parent who the child spent the most nights with throughout the course of the year is the custodial parent. These individuals are eligible for the entire Child Tax Credit:  married people making less than $150,000. households with a single parent who also serves as the head of the household and make less than $112,500. everyone else who earns less than $75,000.

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at an interest rate of 10% per year, the length of time required from time zero to recover an initial investment of $10,000 by receipts of $1,000 per year beginning in year three is nearest to: a) 10 years b) 20 years c) 100 years d) never

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Initial investment can never be recovered.

Let the present value of a regular perpetuity be = pv

Annual cash flow = cf = $1,000

Interest rate = r = 10

If the initial payment begins in one year, then the present value of the regular perpetuity will be  -

PV = CF/r

PV = 1,000/0.1

PV = 10,000

Therefore,

The flow of infinite payments beginning next year is equivalent to $10,000.

However, if the payment begin in third year, the first two payments will be missing and the present value of deferred payments can never be equal to $10,000.

Thus, initial investment can never be recovered.

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at the seldon inn, cash is deposited daily, employees use a voucher system, and cash-handling duties are segregated. these practices and policies are most likely in place to achieve:

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To ensure that the most cost-efficient and efficient cash flow strategies are used to finance federal programs, cash management regulations and procedures are in place.

What is a cash management policy?The management of a company's operations, business activities, financial investments, and financing activities all fall under the umbrella of cash management.To survive, a business needs to produce enough cash flow from its operations so that it can pay its bills, recoup its investors' money, and grow. Collecting current assets in cash is a business owner's top priority when it comes to cash management.This is so that present liabilities can be paid off using the funds in question.Planning for your long-term financial needs is crucial. The following are some top tips for controlling cash flow:Observe your cash flow very carefully.Regularly make estimates....Recognize problems early.comprehend fundamental accounting...Have a backup plan in case of emergency.Grow cautiously.invoice right away.Make efficient use of technology.

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blaire contracted with a local print shop to print her weekly sales flyers and other advertising materials. every month, the print shop will deduct the cost of the month's printing from her company's checking account. how can blaire ensure the transactions are categorized properly? answer:

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Blaire can ensure that the transactions are categorized properly by creating a bank rule. With creating a bank rule, it will help Blaire reconcile regular cash payments into Blaire's bank account.

A bank can be defined as a financial institution licensed to make loans. and receive deposits. Bank rule can be described as an automatically process transactions imported from bank feeds or a bank statement. Bank rule has a function  to automatically set the type of transaction, ledger account, or customer or supplier If we are import similar transactions every month, such as direct debits, set up rules.

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A large retailer obtains merchandise under the credit terms of 1/10, net 40, but routinely takes 50 days to pay its bills. (Because the retailer is an important customer, suppliers allow the firm to stretch its credit terms.) What is the retailer's effective cost of trade credit? Assume a 365-day year. Do not round intermediate calculations. Round your answer to two decimal places.

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If a large retailer obtains merchandise under the credit terms of 1/10, net 40, but routinely takes 50 days to pay its bills. The retailer's effective cost of trade credit assuming a 365-day year is 9.60%.

Effective Cost of Trade Credit

Using this formula

Effective Cost of Trade Credit = {1+(D/100-D)}^ (365 / Days after Discount Period) -1

Let plug in the formula

Effective Cost of Trade Credit  = [1 + ( 0.01 /0.99 ) ] ^[ 365 / (50−10)]−1

Effective Cost of Trade Credit  = [1 + ( 0.01 /0.99 ) ] ^[ 365 / (40)]−1

Effective Cost of Trade Credit  =1.096046171−1

Effective Cost of Trade Credit  = 096046171 × 100

Effective Cost of Trade Credit = 9.60%

Therefore the  9.60% is the effective Cost of Trade Credit.

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Open road bicycles has chosen a market penetration strategy. As sales continue to grow, the company’s costs continue to drop, allowing even further reductions in the price. This is due to.

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Open road bicycles has chosen a market penetration strategy. As sales continue to grow, the company’s costs continue to drop, allowing even further reductions in the price. This is due to experience curve effects.

What is the experience curve effects?

This is the term that is used to refer to the systematic decline that would be found to occur in the cost/quantity that is found in the cumulative volume as it is made to go higher.

The curve effect is made up of three types that includes:

Learning that would basically come from practice as well as others. Hence we would say that the reason that the price or the cost is dropping further is what is called the experience curve effects

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a broker has the buyer's earnest money deposit deposited in an escrow account. the amount of the deposit exceeds the amount of the broker's commission for the sale. the broker may remove his commission on this sale only: select one: a. when the buyer moves into the property. b. when the seller moves out of the property. c. when the closing is completed. d. whenever the seller says it is ok to do so

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A broker has the buyer's earnest money deposit deposited in an escrow account. the amount of the deposit exceeds the amount of the broker's commission for the sale. the broker may remove his commission on this sale only when the closing is completed.

Commissions are a shape of variable-pay remuneration for offerings rendered or merchandise offered. Commissions are a commonplace way to encourage and reward salespeople. Commissions also can be designed to inspire specific income behaviors. For example, commissions may be decreased while granting big reductions. Or commissions can be increased while promoting certain merchandise the company desires to promote. Commissions are normally carried out inside the framework of income incentive software, which could include one or a couple of fee plans (each typically based totally on an aggregate of territory, role, or products). Payments have regularly calculated the usage of a percent of sales.

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the two major avenues for achieving low-cost leadership are both accomplished by focusing on the company's multiple choice question. target pricing. market share. level of product or service differentiation. value chain activities.

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The major avenues for achieving a cost advantage over rivals include:

performing value chain activities more cost-effectively than rivals or revamping the firm's overall value chain to eliminate or bypass some cost-producing activities.

What is meaning of low-cost leadership?

The goal is to manufacture (or acquire) comparable goods or services for less money than its rivals. The bulk of buyers will be drawn in by the cheaper price, and it will be profitable based on the quantity of goods sold.

The additional costs spent by manufacturing more units of an item or service are known as marginal costs. By dividing the overall change in the cost of manufacturing additional items by the change in the quantity of goods produced, it is determined.

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35. the design for the new electric car has been approved by the board and production is underway, but the vp of manufacturing is nervous about the rate of defective parts from suppliers. see original list screenshot below. he has decided to use the subtotal feature to generate a report that shows subtotals of defects by subassembly name, with a grand total at the end, such as the desired report below. his report, however, looks like the report generated, below. which description would create this?

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The design for new car is not done yet said

The rate of inflation in zimbabwe rose in 2018 from 10. 6% to 577. 21% in 2020. What was the positive effect of this unexpected inflation on the residents of the country?.

Answers

Borrowers benefit from unexpected inflation since the money they pay back is less valuable than the money they loaned.

Inflation decreases the purchasing power of money. As a result, if the borrower pays an interest rate that is lower than the inflation rate, he profits. This happens because the real value of the money returned by the borrower is less than the value of the money borrowed. If a company's profits increase due to inflation, it can pay out dividends to its shareholders. As a result, during inflationary periods, shareholders' dividend income may increase.

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gladstone company has expected sales of $352,000 for the upcoming month and its monthly break-even sales are $332,500. what is the margin of safety as a percent of sales?

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The safety margin as a share of sales is 5.54%.

The break-even point amount is deducted from the actual or projected sales, and the result is divided by sales; the result is stated as a percentage in accounting.

What percentage is a good margin of safety?The vast majority of value investors often won't buy a security unless the MOS is estimated to be between 20 and 30 percent. The investor will only buy a security if the current share price is 20% less than the intrinsic value determined by their valuation if the hurdle is set at 20%.

The margin of safety will be determined as a percentage of sales as follows: (expected sales - break even sales) / anticipated sales = ($352000 - $332500) / $352000 = $19500 / $352000 = 0.0554 = 5.54%

The margin of safety demonstrates the amount that sales can decline before a company experiences a loss. Profit, regardless of break-even point, simply indicates how much loss or income was produced during the accounting period.

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to increase sales, a sportswear chain is designing a promotional campaign for social media. it plans to post links to coupons on its website and have its sales personnel scan the coupon redemption codes at store registers. which are the best social media information system (smis) metrics to track the success of this promotion?

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All plans in Sprout include presentation-ready social media reports that can be filtered by platform and date.

This implies that you have simple access to customizable graphs and comparisons to earlier time periods, as well as easy access to team leaders and executives.

What key measure should social media companies focus on?

Engagement, impressions and reach, voice and share of voice, referrals and conversions, reaction rate and time are the most prevalent and frequently significant indicators to consider. You will have a 360-degree view of your social media performance when these are combined.

It's important to track the broad category of engagement.

The engagement rate is a measure that is frequently used to monitor how actively engaged your audience is with your content and how successful your brand efforts are. Customers who are actively engaged engage with brands through behaviors like "likes," "comments," and social sharing.

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a company has a dividend payout ratio of 35 percent. if the company's return on equity is 15 percent, what is the expected growth rate if no new outside financing is used?

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Expected growth is defined in this policy as having achieved.

Growth = ROE × (1 - payout ratio).

The expected growth rate is 9.75%.

How do you calculate expected growth rate?To calculate growth rates, divide the difference between the starting and ending values for the period under study by the starting value.Expected growth is defined in this policy as having achieved the requirement that students perform, on average, as well in their current grade or content as was typical for the same student in previous grades or contents when using the change scale to compare and allowing for a factor of regression to the mean.A dividend investor would consider a range of 35% to 55% to be healthy and appropriate. A company is well-established and a leader in its industry if it is expected to distribute about half of its earnings as dividends.

ROE = 15%  = 0.15

Pay out Ratio = 35%.= 0.35

Growth = ROE × (1 - payout ratio).

  = .15 (1-0.35) = 0.0975 = 9.75 %

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are ucsf and other companies justified in outsourcing technology jobs to india? do they have any obligation to find other jobs or provide training for displaced workers? should organizations ask employees who are being laid off to train their replacements? how can you ensure that your chosen career will not be outsourced, either by technology or overseas labor?

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Large companies like UCFS outsource their technology jobs to India, because they got tech savvy people in India at a very cheap rate.

Personally, in my opinion these companies are not obligated to provide any training or help the displaced workers to find other jobs. I can in many ways ensure that my chosen career is not outsourced, by developing hard-core skills so that I will be able to choose career of my choice rather than doing outsourced worked.

The practice of employing a third party from a different companies to accomplish tasks or produce commodities that have been previously done in-house by the business's own personnel and employees is known as outsourcing. Companies typically engage in outsourcing as a cost-cutting strategy. As a result, it may have an impact on a variety of professions, including dealing with customers, manufacturing, and back-office work.

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galaxy company sold merchandise costing $3,600 for $6,200 cash. the merchandise was later returned by the customer for a refund. the company uses the perpetual inventory system. what effect will the sales return have on the financial statements? (consider both the revenue and inventory effects of the return only.)

Answers

Total assets and total equity decrease by $900.

What is perpetual inventory system?

Instead of conducting a physical inventory, a perpetual inventory system uses software to continuously estimate your inventory based on your electronic records. The baseline for this system is a physical count, and it is updated as a result of incoming purchases and outgoing shipments.

The most typical application of a perpetual inventory system is the use of wireless barcode scanners in a grocery shop. Every transaction that is scanned is immediately recorded on the system. Firms are able to compute the current and necessary stockpile quickly in this method.

According to perpetual FIFO, the oldest or initial costs are deducted from the inventory account and added to the cost of goods sold account first. The cost of the ending inventory and the cost of the products sold will be the same for both the perpetual FIFO cost flows and the periodic FIFO cost flows.

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The complete question is:

Galaxy Company sold merchandise costing $1,700 for $2,600 cash. The merchandise was later returned by the customer for a refund. If the perpetual inventory method is used, what effect will the sales return have on the accounting equation?

A) Total assets and total equity decrease by $900.

B) Total assets decrease by $2,600 and total equity is decreased by $1,700.

C) Total assets and total equity decrease by $2,600.

D) Total assets and total equity increase by $900.

a staffing management plan addresses all of the areas below except: a. how to identify potential internal and/or external human resources for the project. b. how to determine the availability of the internal and/or external human resources for the project. c. how to decide timing issues with regard to building up, developing, rewarding, and releasing the project team. d. how to record resource assignments in a project scheduling tool such as ms project.

Answers

A staffing management plan does not address timing decisions regarding the training, development, reward, and release of the project team. The alternative c is correct.

What is a staffing management plan?

It corresponds to the organization and definition of the course of action that will be implemented so that the human resources department of a company can train and develop employees so that they increase their work performance so that organizational objectives and goals can be achieved.

In relation to the question, the other alternatives are relevant parts of a personnel management plan, such as identifying, determining availability and recording resource assignments in case this plan is developed for a specific project.

Therefore, the issue of defining time issues is usually a complex task, as externalities and risks associated with a project arise that are a challenge for the manager, such as meeting the project schedule.

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a company figured that if it had 50 more employees and paid each one $2 per day less, the payroll would increase $650 per day. if it had 50 less employees and paid each $4 per day more, the payroll would decrease $700 per day. how many employees does the company now have?

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Since increasing the number of employees by 50 and  decreasing the wage by $2 will result an increase in payroll by $650, then the current number of employees is 125.

Let

x = the current number of employees

y = the current wage per day

If the number of employees added by 50 and the wage decreases $2, then the payroll increases $650. It means:

(x + 50) (y - 2) = xy + 650

xy + 50y - 2x - 100 =  xy + 650

-2x + 50y = 750   (Equation 1)

If the number of employees decreases by 50 and the wage increases $4, then the payroll decreases $700. It means:

(x - 50) (y + 4) = xy - 700

xy - 50 y + 4x - 200 = xy - 700

4x - 50y = -500  (Equation 2)

Add both equations:

-2x + 50y = 750

4x - 50y  = -500 +

2x            = 250

x  = 125

Hence, the current number of employees is 125.

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you are the manager of a firm that sells its product in a competitive marekt at a price of $50. your firm's cost function is . the profit-maximizing output for your firm is:

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The profit-maximizing output for your firm is 5.

Competitive Market: When there are numerous producers striving to offer consumers the goods and services they require, that market is said to be competitive. No one producer or consumer can control the market in a competitive one. The five traits of profit, diminishability, rivalry, excludability, and rejectability are shared by all competitive markets.

Cost Function: The functional relationship between cost and output is referred to as the "cost function." It examines the cost behaviour at various output levels under the assumption of constant technology. It can be stated as follows: C = f(Q) (where Q = Quantum of output and C = Cost of production).

Profit-maximizing Output: When the value of the final unit of production (marginal revenue) equals the cost of generating the final unit of production, a manager optimises profit (marginal cost). Maximum profit is the output at which MC and MR are equal.

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susan tynan, shop steward for unite here local 1, says that the wages for housekeepers have increased to over $14 per hour and the company wants to take them back to $8.83 per hour. considering this statement, which of the following is the most likely reason the company is against unionization? problems with temporary vs. full-time employees profitability concerns concerns about their freedom for managing employees concerns about creating inefficiencies at work

Answers

The option that is most likely reason the workers elected to unionize is option C: concerns about their freedom for managing employees

What problems are there in an organization?

When an employee does not feel content in their job, it is called job discontent. This may be the result of a variety of personal and professional factors, including a lack of advancement, subpar management, a lack of work-life balance, and others.

Note that Poor management is a major factor in why workers perform poorly at work and as such the workers in the above scenario are in dissatisfaction with the management.

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larry south is leasing property from jim west. larry south transfers the rights of his leasehold estate to joe north. the transaction occurred because of:

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Both a contractual and a real estate interest—here known as a leasehold interest—are created by a lease between a landlord and a tenant.Even when a lease is quiet in some areas, the lessee and lessor are presumed to be protected by the legal concept of leasehold.

What does the legal term leasehold mean?

A leasehold estate gives the tenant a right to use the property, but it does not give them ownership of it.This kind of estate is typically outlined in a formal lease that is signed by both the renter and the property owner (the lessor) (the lessee). A lease in a non-freehold estate, which is a real estate contract that does not impart ownership interest or rights to the title of a piece of real property, grants a property lessee temporary occupancy rights known as a leasehold interest. The freeholder receives payments from you in the form of service fees and rising ground rent.To make changes to the property, you need the freeholder's written consent; there can be significant costs involved.Pets may not be permitted for you.Your ability to operate a business from home may be limited. You are in charge of maintaining anything inside your home or that is only related to your home as a leaseholder.This includes paying all outstanding fees for services, maintenance, upgrades, insurance, and ground rent. The right to use and occupy a flat for an extended period of time, or the "term" of the lease, constitutes leasehold ownership of a flat.The typical duration of this is 99 or 125 years, during which time the apartment may be purchased and sold.Since the duration of the term is fixed from the beginning, it gets shorter every year. The property technically reverts to the freeholder's ownership at the end of the lease.However, since you may keep extending the lease, this rarely occurs.In fact, an extension is your legal entitlement if you've held the lease for more than two years. The Land Registry typically registers the title with absolute or good leasehold title for leased properties.Rarely, qualifying or possessory leasehold titles will be awarded; your attorney will let you know if this is the case in your situation. When a property's leasehold period is up, it reverts to being a freehold, meaning the freeholder owns both the building and the land.Even if you have paid off your mortgage and bought the home fully, you will have no legal claim to it until the lease expires.

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the common stock of sweet treats is selling for $56.00 per share. the company is expected to have an annual dividend increase of 3.3 percent indefinitely and pay a dividend of $4.45 in one year. what is the total return on this stock?

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A required return is the return that investors anticipate receiving from their holding investment in exchange for taking on investment risk.

It varies from security to security due to the security's risk and other factors, as risk factors vary from security to security.

What does the CAPM say about a security's mandatory return?

The Capital Asset Pricing Model (CAPM) is a model that explains the connection between the risk of investing in a security and the expected return.It demonstrates that a security's beta-based risk premium and risk-free return are equal to the security's expected return.

The required rate is determined by a company's capital structure, inflation expectations, and risk-return preferences.

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a company mails consumers cards telling them they have won valuable prizes. when a consumer attempts to collect her prize, she discovers that she must pay $500 to collect the goods. in this case the ftc is likely to

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In this case the FTC is likely to seek a consent decree to end the practice.

What does the FTC do and what does it stand for?

The Federal Trade Commission (FTC) is a federal regulatory body in the United States tasked with keeping an eye on and stopping unfair, misleading, or anticompetitive business practices. It is a separate government organization whose main duties are the promotion of consumer protection and the enforcement of civil (non-criminal) antitrust law.

Federal consumer protection laws are thus enforced by the FTC to stop fraud, deceit, and unfair commercial practices. The Commission also upholds federal antitrust rules, which forbid anticompetitive mergers and other commercial activities that can result in higher costs, fewer options, or less innovation.

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An asset turnover ratio of 2.5 means that for every $1 in assets, the firm generates _____ in sales.

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An asset turnover ratio of 2.5 means that for every $1 in assets, the firm generates $2.5 in sales. A company's sales or revenues are compared to the value of its assets using the asset turnover ratio.

The asset turnover ratio can be used to gauge how effectively a business uses its assets to produce income. The more effectively a corporation uses its assets to generate revenue, the greater its asset turnover ratio. A corporation is not effectively employing its assets to produce sales if it has a low asset turnover ratio, on the other hand. Investors can use this measure to gauge how well a company is utilising its resources to drive sales.

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scarcity is a problem: group of answer choices measured by the amount of goods available. of the poor, but not the rich. only in industrialized economies. because human wants are unlimited while resources are limited.

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Shortage is the fundamental financial issue. It emerges from the lacking of assets to fulfill people's needs. Shortage is omnipresent.

Wealthy individuals confront shortage when they need more than they can purchase, when they can't be in two places at once, and when, in like manner, they must select among alternatives.

Social orders can bargain with shortage by expanding supply. The more products and administrations accessible to all, the less shortage there will be. Of course, expanding supply comes with impediments, such as generation capacity, arrive accessible for utilize, time, and so on. Another way to bargain with shortage is by decreasing wants.

What is shortage and issue of choice in economics?

Scarcity alludes to the limited nature and accessibility of assets whereas choice alludes to people's choices around sharing and utilizing those assets. The issue of shortage and choice lies at the exceptionally heart of financial matters, which is the consider of how people and society select to designate rare assets.

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the car lot is a large car dealership. it could sell its cars for $500 and give customers a lifetime guarantee, but based on the marketing concept, why shouldn't it do this?

Answers

It shouldn't do this since the business should balance meeting its consumers' needs with accomplishing its organizational goals.

What is the marketing concept's significance to consumers?

By increasing profit through higher sales, marketing concepts not only help marketers beat the competition but also are tied to the method they use to appeal to clients.

Is the notion that a business must work to meet customers' requirements even as it tries to meet its own aims one word?

The marketing concept is fascinated with the notion of meeting customer demands through the product as a remedy for the customer's issue (needs). The Marketing Concept is a key shift in how businesses are organized today and lays the groundwork for gaining a competitive edge.

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upon inspection, if goods are non-conforming, then the buyer may: group of answer choices just accept nonconforming goods and adjust the contract accordingly all of these are correct reject goods subject to cure reject goods and cancel the contract if a condition such as time being of the essence is present

Answers

If the goods are Non-Conforming goods, then the buyer can reject goods and cancel the contract if a condition such as time being of the essence is present.

Non-Conforming Goods: Non-conformances can arise in both the product and the process. Nonconforming Product is defined as Product that does not meet its stipulated specifications. Products that are nonconforming can result from nonconforming processes.

Example of Non-Conformity:

Frequent unauthorised alterations, distribution of untested items, and staff failing to address an issue's core cause are a few examples of major nonconformity.

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