A current asset in the amount of $160,000. Trading securities are recorded in the investor's balance sheet at their fair value on the balance sheet date.
Current assets are trading securities that appear on the asset side of a company's balance sheet. These are short-term assets because the company intends to buy and sell them quickly in order to profit. Trading securities are recorded on an income statement at the time of sale. Any gains or losses realised as a sheet date of the securities in question are to be accounted for as a new line item titled "Gain (Loss) on Sale of Trading Securities" in operating income.
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pam's pet palace is considering an investment in dog grooming equpiment that would increase receipts
Pam's Pet Palace is thinking about spending money on dog grooming supplies which would bring in an extra $12,000 a year in cash.
What investment means?Any purchase made with the intention of creating income or capital growth is known as an investment. Any asset's value increasing over time is referred to as appreciation. When a person invests inside a good, they do not intend to utilize it as a source of immediate consumption, but rather as a tool for future wealth creation.
What are 3 good investments?Overview: optimum investments for 2022 Savings accounts with high yields. certificates of deposit for brief periods. Bonds in Series I. bond fund funds with a short maturity. S&P 500 index investments. stocks that provide dividends. Value stock mutual funds index funds for the Nasdaq 100.
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horizon financial inc. was organized on february 28. projected selling and administrative expenses for each of the first three months of operations are as follows: march $174,900 april 164,400 may 149,600 depreciation, insurance, and property taxes represent $37,000 of the estimated monthly expenses. the annual insurance premium was paid on february 28, and property taxes for the year will be paid in june. 68% of the remainder of the expenses are expected to be paid in the month in which they are incurred, with the balance to be paid in the following month.
The entire amount of expenses paid in March was $82,764
The sum of all expenditures paid in April is $120,120.
the sum of all expenses paid in May is $ 108,424
Schedule of cash payments for selling and administrative costs for the three months ending May 31 by Horizon Financial Inc.
The total amount of all costs incurred in March and paid in March
($ 125,400 x 68%) is $ 82,764.
The total cost of all costs incurred in April and paid in April ($ 117,400 multiplied by 68%) is $ 77,484.
the amount paid in April ($125,400 x 68%) is $ 42,636.
All of the expenditures that are paid in May were paid in May ($117,400 x 68%) were paid in May ($103,800 x 68%) were paid in May, totaling $68,508.
Expenses paid in March= $82,764
Expenditures paid in April = $120,120.
Expenses paid in May = $ 108,424.
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mrs. heyer inherited real estate from her mother. the mother's basis in the real estate was $382,000, and the fair market value at the date of the mother's death was $900,000. the mother's taxable estate was only $2.4 million, so the estate did not owe any federal estate tax. this year, mrs. heyer sold the real estate for $875,000. compute her gain or loss recognized on sale. multiple choice $493,000 gain $25,000 loss $0 $875,000 gain
The correct option is: $493,000 gain
Mrs. Heyer's gain on the sale of the real estate is equal to the sales price of $875,000, minus her basis in the property, which was the same as her mother's basis of $382,000. Therefore, the gain recognized on the sale is $493,000 ($875,000 - $382,000).
Gain or loss on disposal of an asset is the difference between the sale price of an asset and the cost or valuation less accumulated depreciation up to the date of disposal.
The difference between the disposal proceeds and the net carrying amount of the fixed asset being disposed of is recorded in a disposal account, which is a gain or loss account that appears in the income statement.
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Bill and his wife, Vickie, want to start a company that develops training sessions for corporate clients. They would like to share the decisions, have few start-up costs, and protect their personal assets. Which of these would suit their needs best?Limited liability corporation
They would like to share the decisions, have few start-up costs, and protect their personal assets. Limited liability corporation would suit their needs best.
A limited liability organization (LLC) is a commercial enterprise entity that stops individuals from being chargeable for the employer's financial losses and debt liabilities. inside the occasion of felony action or commercial enterprise failure, legal responsibility is assumed by using the business enterprise instead of its constituent partners or shareholders.
Due to the fact an LLC is a separate entity, the owners of the company have constrained legal responsibility. that is one of the most vital blessings to operating as a restricted legal responsibility company. restrained legal responsibility means that the character property of LLC members can't be used to satisfy the LLC's debts and obligations.
Many organizations are based as LLCs. for instance, Anheuser-Busch and Westinghouse are organized as limited legal responsibility agencies.
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in the united states, the macro-marketing system receives criticism because it does not help solve which of the following problems?
In the United States, the macro-marketing system is criticized for failing to address the needs of the homeless, the uneducated, dependent children, minorities who have faced prejudice, the elderly poor, and the sick.
What is an illustration of macro-marketing?Macro marketing targets groups of people rather than individuals. The goal is to figure out how to contact a large number of people. Companies focus on advertising, product attributes, in-store availability, and packaging to accomplish this. For a personalized marketing experience, these incredibly small, or "micro," groups of persons or individuals can be approached with customized content and outreach campaigns. Instead of waiting for customers at the repair shop, an auto-repairing small business manager may employ macro-marketing to reach out to car owners via social media advertising platforms. Targeting a broad range of clients will encourage beneficial customer behavior patterns.
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According to the CAPM, the risk premium an investor expects to receive on any stock or portfolio increases:
A) directly with alpha.
B) inversely with alpha.
C) directly with beta.
D) inversely with beta.
E) in proportion to its standard deviation.
C
According to the CAPM, the risk premium an investor expects to receive on any stock or portfolio increases C) directly with beta.
In the field of business, the risk free revenue that is expected to be returned from an investment is referred to as the risk premium. This risk free premium is expected to increase directly with the beta. This is because the stock or portfolio increases directly with the beta.
A risk premium is a measure of excess return that is required by an individual to compensate being subjected to an increased level of risk. It is used widely in finance and economics, the general definition being the expected risky return less the risk-free return, as demonstrated by the formula below.
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Christian Company uses the gross method of recording purchase discounts on inventory and the perpetual inventory system. When Christian Company makes payment for the inventory within the discount period, the bookkeeper will ________.
A) debit Accounts Payable, credit Inventory and credit Cash
B) debit Accounts Payable and credit Inventory
C) debit Inventory and credit Cash
D) debit Accounts Payable and credit Purchases
The correct option is A ; Debit Accounts Payable, credit Inventory and credit Cash , Although the topic is left unanswered in this case,
It is expected that Christian businesses also utilize perpetual inventory systems.
When we pay a creditor in cash, our automated inventory system debits accounts payable and credits cash.
The difference now is that because we used the discount, in a perpetual inventory system we deduct the discount from the value of the inventory rather than crediting it, therefore the discount is recorded as inventory.
When using a periodic inventory method, merchandise inventory is left untouched but purchase discounts, a temporary contra account, rise to reflect the discount amount.
Under perpetual inventory systems, there must be two entries made in order to record a sale: one to record the sale and the other to record the cost of the sale.
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when the premium gift company harry and david mails coupons to previous customers to encourage them to reorder, it is using____
Harry and David is using sales promotion as a strategy to increase the demand for its products and services
What is sales promotion?In marketing, sales promotion is the idea whereby businesses use promo to decrement the cost of their product which will eventually call the attention of customers to buy their product or request their services.
In this context, Harry and David gave out coupons that can be used to augment for whatever the customer would have spent to buy their product.
There are other types of marketing like advertising, direct marketing, and publicity, etc.
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the revenue stream for marino moving company fluctuates from year to year. based on this information alone, marino should use the multiple choice straight-line method to compute depreciation expense. double-declining-balance method to compute depreciation expense. units-of-production method to compute depreciation expense. all of the methods will produce the same amount of annual depreciation expense.
The Marino moving company's revenue stream varies from year to year. Marino should calculate depreciation expenditure using the units-of-production technique based solely on this information.
A fixed asset's share that has been deemed consumed in the current period is subject to depreciation expense. The cost is subsequently added to the expense list. With this charge, the carrying amount of fixed assets will be steadily decreased as their value is depleted over time. There is no cash outflow related to this item because it is non-monetary. When an entry is made to the depreciation expenditure account, the contra asset account that offsets the fixed assets (asset) account is the accumulated depreciation account. Over the course of a fiscal year, the balance in the depreciation expenditure account grows; at year's end, the account is flushed out and its balance is reset to zero.
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under the uniform securities act, an investment adviser is prohibited from taking custody of a client's funds unless: a the administrator has issued a rule that permits such an action b the investment adviser gives 10 days' advance notice to the administrator of such an action c in the absence of a rule prohibiting custody, the adviser gives the administrator notice that it may take custody d the investment adviser is registered with the securities and exchange commission under the investment advisers act of 1940
Option c is correct, under the uniform securities act, an investment adviser is prohibited from taking custody of a client's funds unless the adviser gives the administrator notice that it may take custody.
What Is the Uniform Securities Act?A starting point for state-level securities regulation is the model statute known as the Uniform Securities Act. The Securities and Exchange Commission (SEC) needs assistance with enforcement and regulation, thus the Uniform Securities Act was created to address securities fraud at the state level. The Uniform Securities Act serves as a model for states creating their own securities laws. Due to earlier restrictions not being adopted uniformly across the nation, the legislation underwent a number of revisions. Some jurisdictions didn't adopt every securities law that the Uniform Law Commissioners proposed. The Uniform Securities Act increased parity between the federal and state implementation of securities protections through later updates and replacements of earlier legislation.
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in 2022, susan (44 years old) is a highly successful architect and is covered by an employee-sponsored plan. her husband, dan (47 years old), however, is a ph.d. student and unemployed. compute the maximum deductible ira contribution for each spouse in the following alternative situations. note: leave no answers blank. enter zero if applicable. problem 13-69 part a (static) a. susan's salary and the couple's agi before any ira contribution deductions is $207,000. the couple files a joint tax return.
The maximum deductible IRA contribution for each spouse in following alternative situations is $3,000.
What is an IRA?A pension type that gives tax advantages for retirement savings is known as an individual retirement account, or IRA, in the United States. According to IRS Publication 590, Individual Retirement Arrangements, a particular type of individual retirement plan is an individual retirement account (IRAs). Two more options are employer-established benefit trusts and individual retirement annuities, in which the taxpayer purchases a life insurance company's annuity or endowment contract. Conduit IRA utilization has decreased since the statute permitting direct transfers between qualified plans without the use of an intermediate IRA was passed in 2001, however plan administrators may choose to only accept transfers from conduit IRAs.
Contribution=$207,000/69=$3,000
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authority granted by a domestic firm to a foreign firm for the rights to produce and market its product or to use its trademark/patent rights in a restricted geographical area.
Foreign licensing includes a homegrown firm conceding an unfamiliar firm the freedom to create and showcase its item or to utilize its brand name/patent privileges in a characterized geological region.
Government solidness holds the way to contract trustworthiness, representative security, and privileges, brand name and licensed innovation, and numerous different features of directing business. Make a point to look for "neighborhood" mastery over the political and business factors prior to engaging in any abroad development.
A permitting understanding is an agreement between two gatherings (the licensor and licensee) in which the licensor awards the licensee the option to utilize the brand name, brand name, protected innovation, or capacity to create and sell products claimed by the licensor.
A worldwide business authorizing arrangement includes two firms from various nations, with the licensee getting the privileges or assets to make in the outside country.
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In a promotion mix, ________ occurs when a firm's sales force makes individual presentations to consumers for the purpose of promoting sales and building customer relationships.
personal selling
In a promotion mix, personal selling occurs when a firm's sales force makes individual presentations to consumers for the purpose of promoting sales and building customer relationships.
Personal selling is also known as face-to-face selling in which one person who is the salesman tries to convince the customer in buying a product. It is a promotional method by which the salesperson uses his or her skills and abilities in an attempt to make a sale.
Personal selling is a face-to-face selling technique by which a salesperson uses his or her interpersonal skills to persuade a customer in buying a particular product. The salesperson tries to highlight various features of the product to convince the customer that it will only add value. However, getting a customer to buy a product is not the motive behind personal selling every time. Often companies try to follow this approach with customers to make them aware of a new product.
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members of an attest engagement team and those who can influence attest engagements have to apply certain safeguards if they seek employment from the client. the safeguards, designed to mitigate undue influence and self-interest threats to independence are as follows:
undue influence and self-interest threats to independence are as follows
(1) reputation (2) aggressive (3) efforts to compel
the threat that a member will defer to the judgment of someone connected to a client, employer, or other pertinent third party because to that person's (1) reputation or competence, (2) aggressive or domineering personality, or (3) efforts to compel or exert excessive influence over the member.
threat of selfishness the potential for a member to behave against the interests of their firm, employer, client, or the general public due to a financial interest in, or other relationship with, a client or employer on the part of themselves or a close family member.
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7-1 power-point presentation for acc-202
In order to create a PowerPoint Presentation, you need to follow the steps below:
Launch PowerPoint.Select New from the left pane.Choose one of the following:Choose Blank Presentation to start from scratch when creating a presentation.Choose one of the templates to utilize a ready-made design.To see PowerPoint tips, click Take a Tour, and then click Create.How do you add a slide?Select the slide you need your new slide to match from the thumbnails in the left pane.
Select New Slide from the Slides section of the Home menu.
Select Layout under the Slides area, and then choose the layout you want from the menu.
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Full Question:
How do you prepare a power-point presentation? This is for ACC-202
You are ready to buy a house, and you have $30,000 for a down payment and closing costs. Closing costs are estimated to be 5% of the loan value. You have an annual salary of $48,000, and the bank is willing to allow your monthly mortgage payment to be equal to 25% of your monthly income. The interest rate on the loan is 6% per year with monthly compounding (50bps per month) for a 30 year fixed rate loan. How much can you offer for the house?
the oligopoly market structure is characterized by several defining qualities, one of which is either similar or identical products. of the following list of characteristics, which others describe the oligopolistic market structure? check all that apply. neither mutual interdependence nor mutual dependence market control by a few large firms market control by many small firms mutual interdependence difficult entry
It is to be noted that the oligopoly market structure is characterized by several defining qualities, one of which is either similar or identical products. Of the following list of characteristics, the options that describe the oligopolistic market structure are:
Difficult Entry (Option B)Market Controlled by a Few Large Firms (Option C)What is an Oligopolistic Market?
Oligopolies and monopolies are examples of market structures that develop when there is insufficient competition. An oligopoly happens when a small number of relatively large businesses provide similar but slightly different goods, whereas a monopoly arises when a single company produces goods that have no direct competitors.
A market structure known as an oligopoly can prohibit the remaining businesses from exerting significant influence. The market share of the largest companies is determined by the concentration ratio.
Oligopoly types are:
Pure oligopoly.Imperfect oligopoly.Open oligopoly.Closed oligopoly.Collusive oligopoly.Learn more about the Oligopolistic Market:
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Full Question: The oligopoly market structure is characterized by several defining qualities, one of which is either similar or identical products. Of the following list of characteristics, which others describe the oligopolistic market structure? check all that apply.
Market controlled by small firms
Difficult Entry
Market Controlled by a Few Large Firms
Mutual Interdependence
Mutual Dependence
given that the costs of mounting a fever are less than the benefits, the principle of asymmetric harm predicts that natural selection should result in which of the following? group of answer choices fevers only occur when an infection has progressed far enough that a fever will be necessary to help clear it. a fever response is mounted more often than it is actually needed to help defend against an infection. frequent cases where fevers would be beneficial but a fever response is not mounted evolution of lower basal body temperatures
More frequently than needed, a fever reaction is started to help guard against disease.
What happens when you have a fever in your body?
Much of the time feel cold and start to shudder in the beginning phases of a fever. This is your body's response to a temperature increment. Your skin's veins contract (choke), driving blood from the skin's external layer into your body, where catching heat is more straightforward.
What is a fever an ordinary response?
If your kid is getting an adequate number of liquids and is generally solid, you may normally allow a fever to run its course since it is the body's regular safeguard against sickness. Attempt to cut down your kid's temperature assuming that they are having issues drinking.
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is this price correct? 3.4 lbs of pears at $1.64 per pound priced at $5.58. responses correct correct not correct
Answer:
Yes you answer is correct.
Explanation:
1.64 x 3.4 = 5.576 round and you get $5.58.
one consideration that should be taken into account when building a product on a public blockchain is
One consideration that should be taken into account when building a product on a public blockchain is how you can transfer your tokens to another blockchain if you decide to switch
A token project must transfer its tokens to the new blockchain when switching from one to another. It's known as a token migration.
Whitepapers that promise revolutionary technology in the future are how many blockchain projects start off. The path from a concept paper to a finished product frequently involves several detours, and occasionally projects decide to make substantial changes to their original intentions, such as switching to a completely new blockchain.
Additionally, token migrations between two various third-party blockchains are possible.
If we maintain our tokens on an exchange, the exchange will probably take care of the token migration procedure on your behalf, particularly if the exchange is a major, well-known participant in the cryptocurrency industry.
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A server operates with 75% utilization. The average processing time is two minutes and the standard deviation of processing time is one minute. The interarrival rate follows a Poisson process. a. (10 point) What is the average time a customer spends in the queue? b. (5 point) On average, how long is a customer in the system? c. (5 point) How could we decrease the amount of time a customer spends waiting for service?
A. The average time a customer spends in the queue is 3.75 minutes.
B. On average, the length is a customer in the system is 5.75 minutes.
C. We decrease the amount of time a customer spends waiting for service is 2.00 minutes.
Processing rate mu= 1/2 =0.5 per min
Utilization rho=0.75
Arrival rate lambda = 0.75×1/2 = 0.375 per min
SDser= 1
Number of customers in line Lq = ( lambda)² × (SDs)² + (rho)² / 2×(1-rho)
Lq = (0.375)² 1 + (0.75)² / 2(1-0.75)
Lq = 0.1406+0.5625 / 0.5 = 1.4062
Time spent in line Wq = Lq /lambda = 1.4062 /0.375 =3.75 minutes.
Time spent in the system =Wq + service time = 3.75+2 = 5.75 minutes.
The time spent in line can be reduced by increasing the service rate or reducing the variability of the service time.
In fact, the same old deviation is a degree of the quantity of variation or dispersion of a set of values. A low general deviation suggests that the values have a tendency to be near the suggest (additionally known as the predicted value) of the set, whilst an excessive widespread deviation indicates that the values are spread out over a much broader range.
The standard deviation of a random variable, sample, statistical population, records set, or chance distribution is the rectangular root of its variance. it is algebraically simpler, although in exercise less sturdy, than the common absolute deviation. A beneficial property of the usual deviation is that, in contrast to the variance, it's far expressed inside the equal unit because of the information.
The usual deviation of a population or pattern and the usual blunders of a statistic (e.g., of the pattern mean) are pretty unique but associated. The sample suggests standard mistakes are the same old deviation of the set of methods that could be found via drawing a limitless variety of repeated samples from the population and computing a median for each sample. The mean's popular mistakes seem to equal the population fashionable deviation divided by using the square root of the pattern size and is estimated with the aid of the use of the pattern well-known deviation divided through the square root of the pattern size.
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As long as it is not restricted in any documentation, margin trading is permissible in which of the following accounts?
Corporate
IRA
Partnership
Fiduciary
I and III
As long as it is not restricted in any documentation, margin trading is permissible in I) corporate as well as in III) partnership accounts.
In the field of business, when money is funded in a collateral manner and borrowed money is used for trading, then such a type of trade is referred to as margin trading.
In corporate accounts, where there are multiple persons involved, margin trading can be used in order to share the expenses among the members.
Similarly, in a partnership, as two or more parties are involved, margin trading can be used for depositing a funded amount. hence, option I, corporate and III partnership is correct.
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identify the true statements about distribution requirements planning
Software for enterprise resource planning systems frequently includes a module called DRP.
What does DRP mean in terms of a supply chain?Distribution requirements planning is the process used to set up orders in a supply chain (DRP). Producers can compute time-phased requirements using DRP, a development of Materials Requirements Planning.
The core of distribution requirements planning (DRP), a systematic process for enhancing the effectiveness of product delivery, is the selection of which commodities, in what amounts, and at what location are needed to satisfy expected demand. The goal is to reduce the expenses associated with ordering, shipping, and storage while minimizing shortages.
In DRP, decisions on inventory replenishment are based on a time-phased timetable that takes both actual orders and forecasts into consideration.
Procedures for planning operations and logistics use the result from the DRP as an input.
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A company failed to record unrealized gains of $21 million on its debt investments classified as trading securities. Its tax rate is 25%. As a result of this error, total shareholders' equity would be (Round million answer to 2 decimal places.): A company failed to record unrealized gains of $23 million on its available for sale debt security investments. Its tax rate is 30%. As a result of this error, comprehensive income would be (Round million answer to 2 decimal places.): Due to an error in computing depreciation expense, Crote Corporation understated accumulated depreciation by $58 million as of December 31, 2018. Crote has a tax rate of 30%. Crote's retained earnings as of December 31, 2018, would be (Round million answer to 2 decimal places.):
Equity held by all stockholders as a whole is $19.50 million.
Retained earnings will be used to reflect any unrealized gains or losses from trading securities investments.
The balance of retained earnings, which is a component of shareholders' equity, will rise as a result of unrealized gains (net of taxes). Retained earnings are understated if unrealized gains are not reported.
Tax-adjusted unrealized gains equal unrealized gains. Taxes are $21 million; 25% of that amount is $26 million; $19.5 million less $21 million equals $19.50 million.
What does equity actually mean?According to the dictionary, equity is "anything that is fair and just" or "the attribute of being fair or unbiased; fairness; impartiality."
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the marine division of pacific corporation has average invested assets of $100,000,000. sales revenue of $50,260,000 results in net operating income of $9,956,000. the hurdle rate is 5%.
The return on investment for the given data is 9.956%.
What is return on investment?Your investments in business are the time and money you devote to enhancing your enterprise. The profit you realize from your investments is the return. The ratio of net profit to the entire cost of the investment is how ROI is typically defined.
ROI, often known as return on investment, is a key performance indicator (KPI) that firms frequently use to assess the profitability of an investment. It is incredibly helpful for tracking progress over time and removing uncertainty from future business decisions.
Return on investment= net operating income/invested assets
= 9956000/100000000
=0.09956x100
=9.956%
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Complete question-
The marine division of pacific corporation has average invested assets of $100,000,000. sales revenue of $50,260,000 results in net operating income of $9,956,000. the hurdle rate is 5%. Calculate return on investments.
which of the following should be the first step in reviewing he financial statements of a nonissuer?
A. comparing the financial statements with statements for comarable rior periods and wth anticipated rresults.
B. completing a series of inquiries concerning the entity's procedures for recording, classifying, and summarizing.
C. obtaining a general understanding of the entity's organization, its operating charateristics, and its products or services.
D. applying analytical procedures designed to identify relationships and individual items that appear to be unusual.
Option C: The first step in examining the financial statement of a nonissuer should be to gain a general awareness of the entity's structure, its operating characteristics, and its products and services.
What is meant by non-issuer?Any individual, business, or other entity that neither issues securities nor intends to issue securities is referred to as a non-issuer. When discussing non-issuer transactions, which occur when the issuer does not directly profit from a sale, the phrase is used most frequently.
A non issuer transactions is what?A securities transaction that does not either directly or indirectly serve the interests of the issuing business is known as a non-issuer transaction. The majority of secondary market transactions, such as those that take place on stock markets, include non-issuer transactions; secondary offers
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as used in the introductory section of a proposal, the states the boundaries of the proposal. group of answer choices
As used in the introductory section of a proposal, the scope states the boundaries of the proposal.
What is a proposal?Generally, A written offer made by a seller to a potential sponsor on behalf of the company is known as a business proposal.
When it comes to complicated sales processes, such as when a buyer considers factors other than price in making a purchase, business proposals are often an essential stage.
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CQ not found
which of the following activities is not a step you can take to reduce your personal health care costs?
Only by practicing preventative care and maintaining good health can the cost of medical care be avoided.
What is health?Health is "a condition of full physical, mental, and social well-being and not merely the absence of sickness or incapacity," according to the World Health Organization. Over time, many definitions have been used for a variety of purposes. Promoting healthy activities, such as regular exercise and getting adequate sleep, and restricting or avoiding unhealthy behaviors, such as smoking or high levels of stress, can improve one's health. Others are influenced by structural factors, such as how society is organized and whether it makes it easier or harder for people to receive necessary healthcare services. Some factors influencing health are caused by individual choices, such as whether to engage in a high-risk habit.
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The Fed's most visible monetary tool is probably
a. open market operations.
b. change in reserve requirements.
c. Reg Z.
d. discount rate policy
The correct answer is d) discount rate policy. The Fed's discount rate policy is likely its most prominent monetary tool.
The Fed's board of governors determines the discount rate, which can be changed as a tool for monetary policy by going up or down. One of the Fed's main tools for implementing monetary policy is lending at the discount rate, which is a part of its role as a lender of last resort.
The federal funds rate, other market interest rates, and eventually consumer and company borrowing and spending are all primarily influenced by interest on reserves.
To accomplish macroeconomic objectives, a monetary policy employs a variety of tools, including open market operations, requirements for bank reserves, and the discount rate. Open market activities, however, are regarded as the most significant and often applied tool of the three.
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south shore construction builds permanent docks and seawalls along the southern shore of long island, new york. although the firm has been in business only five years, revenue has been from $308,000 in the first year of operation to $1,084,000 in the most recent year. the data to the left show the quarterly sales revenue in thousands of dollars.
The data to the left show that South Shore Construction has seen remarkable growth since it first opened its doors five years ago. In its first year of operation, South Shore Construction generated $308,000 in sales revenue, and in its most recent year, the company achieved a total of $1,084,000. This represents an impressive increase of over 250% from its initial year sales.
The quarterly sales revenue data highlights that this growth has been steady and consistent over time. Each quarter, South Shore Construction has seen a steady increase in revenue, with the exception of a slight dip in the 4th quarter of the 3rd year. This data indicates that South Shore Construction has been able to successfully expand its customer base, and increase its market share in the permanent docks and seawalls sector.
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