Option A is correct that is TOD registered on the account in his name.
Transfer on death (TOD) allows a person to receive assets at the time of their beneficiary's death without going through probate. This option also allows the banker or security owner to specify the percentage of assets that each individual receives, which will help the manager allocate assets after he dies.
With the transfer of death registration, the beneficiary does not have access to or control of the person's estate as long as the person is alive. A variation of the design die is often used for brokerage accounts, stocks, bonds, and other investments.
The transfer of death is a simple and easy process. It involves filling out a list of the person or persons to whom the account holder wishes to have the account and assets transferred. When the owner dies, the assets are transferred according to the fact of death and identity.
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if the majority of workers at a facility choose union representation, then the union negotiates for the employees. if the union representative negotiates a raise for its members, then
a. only union members get a raise
b. only employees get more money
c. non-members can negotiate theselves
If the majority of workers at a facility choose union representation, then the union negotiates for the employees. if the union representative negotiates a raise for its members, then all employees get more money,
What is union simple definition?
In general term, union refer an organization made up of members (a membership-based organization) and its membership must be made up mainly of workers.
Here we need to find if the majority of workers at a facility choose union representation, then the union negotiates for the employees. if the union representative negotiates a raise for its members, then what must the result of the income.
While we looking into the given situation, we have identified that the majority of workers at a facility choose union representation.
And we also know that the union representative negotiates a raise for its members then the production must be increased then the payment will also be increased.
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When firms successfully achieve ____________ for their brand or brands, they have successfully achieved ___________
A. Branding, Marketing
B. Perceptions, Positioning
C. Differentiation, Positioning
D. Positioning, Marketing
E. Marketing, Marketing mix
When firms successfully achieve differentiation for their brand or brands, they have successfully achieved positioning.
Firms achieve differentiation by performing exceptionally well in comparison to their competitors. Firms create a niche for themselves in the market by producing unique products and services that are new and effective from the customer's point of view. Firms precisely focus on their expertise for achieving differentiation which creates more loyal customers for them.
Brand positioning is the unique value a brand presents to the customer and market. It is an act of creating a brand's product and image in a way that occupies a distinct place in the customer's and market's views. By creating differentiation, brands create a position in customers' view which makes them unique and different from other brands.
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Fama and French claim that after controlling for firm size and the ratio of firm's book value to market value, beta is ______________.
I. highly significant in predicting future stock returns
II. relatively useless in predicting future stock returns
III. a good predictor of firm's specific risk
A. I only
B. II only
C. I and III only
D. I, II and III
Fama and French claim that after controlling for firm size and the ratio of firm's book value to market value, beta is I and III only. A stock's beta indicates how volatile it is in comparison to the overall market.
The S&P 500 Index, for example, has a beta of 1.0 by definition, and individual companies are graded according to how much they depart from the market. A stock with a beta above The standard deviation of returns for the asset could be divided by the standard deviation of returns for the benchmark to determine beta. The correlation between the security's and the benchmark's returns is multiplied by the resultant value.
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the texas automobile association seeks to protect and promote the interests of its member businesses that are involved in the sales of goods and services and thus is an example of a .
The Texas Automobile Association is an illustration of a retail trade association since it works to safeguard and advance the interests of its member companies that engage in the selling of goods and services.
What do associations for retailers do?A retail assistant assists in everyday business operations and provides assistance to consumers while they shop. You represent the retail brand in this capacity and contribute significantly to the overall success of the business. Sales representatives or associates are other names for retail staff.
What functions do trade associations serve?A trade association is typically a collection of professionals who come together to advance shared interests and engage in public activities like marketing, schooling, campaign contributions, lobby groups, and publishing, but their primary goal is standardisation or cooperation between businesses.
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A firm has an average inventory of 60 days, an average collection period of 45 days, and an average payment period of 30 days. How many days is the firm's cash conversion cycle?
a. 75
b. 45
c. 15
d. 135
a. 75 days is the firm's cash conversion cycle.
CASH CONVERSION CYCLE = AVERAGE AGE OF INVENTORY + AVERAGE AGE OF COLLECTION PERIOD - AVERAGE PAYMENT PERIOD
= 60 + 45 - 30
= 75 DAYS.
The coins conversion cycle (CCC) is a metric that expresses the length of time (in days) that it takes for a enterprise to transform its investments in inventory and different sources into cash flows from sales. The coins conversion cycle (CCC) is a metric that expresses the time (measured in days) that it takes for a business enterprise to transform its investments in inventory and different sources into coins flows from sales.
The cash conversion cycle is the amount of time a employer wishes or takes to convert price range invested in manufacturing and sales to cash. it's miles used to measure the enterprise's performance in using its running capital. study greater about the coins conversion cycle and the way to calculate it and use it in an evaluation.
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ed, who is single, owns a personal residence in the city. He also owns a condo near the ocean. He uses the condo as a vacation home. In March, he borrowed $50,000 on a home equity loan and used the proceeds to acquire a luxury automobile. During the year, he paid the following amounts of interest. On his personal residence $15,500 On his condo 6,200 On the home equity loan 4,800 On credit card obligations 1,700 What amount, if any, must Ted recognize as an AMT adjustment in 2018? a. $0 b. $4,800 c. $6,200 d. $11,000
Ted recognises an AMT adjustment of $4,800 for the calendar year 2018.
A minimum tax known as the AMT can be used in place of standard taxes. Rate. The AMT is a tax levied on "adjusted total income" in a fiscal year (FY) where the tax on ordinary income is lower than the AMT on Adjusted total income. Therefore, regardless of regular tax, taxpayers to whom AMT provisions apply must pay AMT.
AMT accepts T's condo and home as acceptable interest payments for a total of $21,700 ($15,500+$6,200).
The combined interest for T's home equity loan, basic taxes, mortgage interest on his house and condo, and interest on all of the individual loans would total $21,700, which is less than the $26,500 total interest that would be applicable.
$26500-$21,700 = $4,800
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what motivates you in the workplace
Answer:what do you want me to help you with
Explanation: just tell me what you want me to do
financial ratios are important for companies because they serve as a barometer against three different benchmarks which include all of the following except: question 16 options: a) industry ratios b) competitors' ratios c) previous company ratios d) pay wage ratios
Financial ratios are important for companies because they serve as a barometer against three different benchmarks which include all of the following except pay wage ratios. Thus, option D is correct.
What is a financial ratio?Financial ratios give businesses a means to assess their firm's productivity and contrast it against that of other companies in the same industry.
Ratios gauge the linkage between several or more accounting information elements. When data from many two eras are examined, they are most useful.
Benchmarking entails selecting performance metrics you may use to contrast your business with others. Solvency metrics are merely one of many possible benchmarks.
Therefore, option D is the correct option.
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The essence of successful marketing is that provide unique value in order to gain
The essence of successful marketing is that provide unique value in order to gain loyal customers.
What is marketing?Most of the time, the seller, who is typically a manufacturer or merchant, is in charge of marketing. There may be times when tasks need to be completed by a specialized marketing firm or advertising agency. Less frequently, a trade organization or government agency will advocate for a complete economic sector, a specific place, frequently a food item, food from a particular region, or a city or area as a tourism destination. Consumers or other businesses (B2B marketing) may be the target market for a marketer's products (B2C marketing). The marketing mix, which outlines the particulars of the product and how it will be marketed, is influenced by the environment in which the product is sold, the results of market and marketing research, and the characteristics of the product's target market.
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an investor's margin account has a short market value of $17,000 and a credit balance of $26,000. assuming regulation t is 50%, a maintenance call will be triggered if the short market value increases above
To determine long market value at maintenance, divide the debit balance of $3,750 by 75% ($5,000).
It is simplest to determine market value for exchange-traded instruments since their market prices, such as those for stocks and futures, are well-known and accessible.
However, determining market value for over-the-counter instruments like fixed income securities might be more challenging. The main obstacle to determining market value, however, is determining the worth of illiquid assets like real estate and businesses, which calls for the intervention of real estate appraisers and experts in company valuation, respectively.
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TRUE/FALSE. a management consultant whose only investment advice is suggesting to a couple of small business clients who had invested their surpluses in speculative securities that they should find something less risky
A management consultant whose foremost investment guidance is recommending to a couple of small business clients who had invested their extras in speculative securities that they should see something less risky. This statement is false.
As the following management consultant does not meet the inscription of delivering investment guidance as a business outlined in SEC Release IA-1092.
Management consultants assist organizations to decode troubles, enriching business execution, establishing value, and maximizing proliferation. They determine solutions for business concerns and make incarnations for changes to carry out. The work carried up by management consultants can be diverse, constituting e-business, commerce, supply chain control, and company strategy.
Consultants are factual and unbiased and usually see a route through business issues that may not be noticeable to directors and delegation associates closest to the concerns.
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in response to the deep economic downturn in the us in 2008 and 2009, the us group of answer choices reduced taxes. increased government spending. all of the above are correct. increased the supply of money.
D. The information above is correct
Give a brief summary of the US economy's countdown?The most prolonged economic downturn since World War II lasted from December 2007 to June 2009. The duration of the Great Recession, which started in December 2007 and ended in June 2009, was the longest since World War II. In addition to its length, the Great Recession was notably harsh in a number of ways.
What led to the economic crisis between 2008 and 2009?Falling US housing values and an increase in the number of borrowers unable to make loan payments were the GFC's main causes. Around the middle of 2006, the number of newly constructed homes for sale in several places in the United States reached its peak.
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The Sherman Act, FTC Act, and the Food and Drug Act were all laws passed by Congress in an effort to regulate certain activities and practices in the economy. These laws were passed during the ___________ phase of government regulation.
consumer protection
Congress passed the Food and Drug Act, the Sherman Act, and the FTC Act in an effort to control specific economic activities and procedures. These laws were passed during the period of government regulation known as consumer protection.
By educating, organizing, and advocating on their behalf, consumers can protect their interests and well-being. Consumer protection ensures that customers have access to efficient redress methods and are able to make well-informed decisions about their options. Markets function properly when consumers and corporations are both protected.
Consumers must have access to reliable, unbiased information about the goods and services they choose to buy. They are able to make the best decisions based on their interests as a result, and firms cannot take advantage of them or deceive them. Contact De Geschillen-commissie if you have a complaint about a good or service and the vendor hasn't resolved it to your satisfaction. They will file your complaint, investigate the incident by speaking with both you and the opposing party, and a committee will make the final decision.
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A _____________ lists information about the target market such as age, income level, ethnic background, occupation, attitudes, lifestyle and geographic residence.
answer choices
O Product
O Target Market
O Mass Market
O Customer Profile
A customer profile lists information about the target market such as age, income level, ethnic background, occupation, attitudes, lifestyle and geographic residence.
Detailed information on your prospective clients and how they engage with your business is contained in a customer profile, which can be a paper or online platform. It addresses issues that customers have, as well as demographic information, purchase trends, and more.
It is possible to divide consumer groups based on a wide range of characteristics, including Age, location, gender, race, ethnicity, and make-up of the household are all considered demographics. Income, level of education, employment, and affiliation with a community or organization are all socioeconomic factors.
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identify which of the following graphs will be drawn by classical and keynesian economists, respectively, for an economy experiencing a decrease in wealth. note that e1 and e2, respectively, are the initial and final equilibrium points before and after the wealth decrease.
The correct answer is To encourage full employment, the government ought to get involved in the economy.
While classical philosophy relies on the concept of supply and demand, Keynesian theory typically incorporates set government pricing. Keynesian philosophy frequently worries more about issues linked to unemployment, whereas classical thought frequently worries more about issues related to inflation. Keynesians argue that because prices are relatively rigid, adjustments to all types of spending—government, investment, or consumer—have an impact on the rate of production. For instance, if government spending increases while all other spending factors remain constant, production will increase. In the 1930s, British economist John Maynard Keynes developed it in an effort to understand the Great Depression. The core principle of Keynesian economics is that government intervention may lead to economic stabilisation.
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Which of the following statements regarding organizational culture and its impact on the firm is accurate?
a. Strong organizational cultures are always a strategic advantage.
b. Having a culture that fits with the company leads to good company performance, but having a culture that does not fit has no impact.
c. Organizational cultures that are hard to imitate can create a competitive advantage for a firm.
d. Organizational culture is an effective control mechanism for dictating employee job attitudes.
Organizational cultures that are hard to imitate can create a competitive advantage for a firm regarding organizational culture and its impact on the firm is accurate. Thus, option (c) is correct.
What is culture?The term “culture” describes society's entire life, such as dress code, language, religion, rituals, and artistic standards as a result. The culture depends on area, location, country, and the group of people's behavior.
According to the organizational culture is the good for the impact on the firm. Firm increase the value in the market and also the competitive advantage for a firm. The organizational culture is included in the different aspects.
Therefore, option (c) is correct.
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shoeleather cost refers to group of answer choices the cost of more frequent price changes induced by higher inflation. the tendency to expend more effort searching for the lowest price when inflation is high. the distortion in resource allocation created by distortions in relative prices due to inflation. resources used to maintain lower money holdings when inflation is high. next
When inflation is significant, the term "shoeleather cost" describes the resources required to sustain decreased money holdings.
Price increases that eventually lead to a decline in buying power are referred to as "inflation." You may calculate the rate at which your purchasing power is dwindling by looking at the average price growth of a selected basket of goods and services over time. The increase in prices, which is commonly expressed as a percentage, effectively means that a unit of money now has less purchasing power than it had earlier. On the other side, deflation is characterised by falling prices and increasing purchasing power. Even while it is easy to assess how particular product prices have changed over time, human necessities go beyond just one or two things. in order to live comfortably.
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Outstanding stock of the West Corporation included 40,000 shares of $5 par common stock and 10,000 shares of 5%, $10 par non-cumulative preferred stock. In 2022, West declared and paid dividends of $4,000. In 2023, West declared and paid dividends of $20,000. How much of the 2023 dividend was distributed to the preferred stockholders?
A. $9,000.
B. None of these answer choices are correct.
C. $15,000.
D. $5,000
Regarding the given statement, option D is correct, according to the question. (10,000 ×$10) × .05 = $5,000
What does the term "stockholder" mean?
Shareholders, also known as stockholders, are the shareholders of a company's shares outstanding, which represent a residue left fraction of a corporation's assets and profits as well as a proportion of the voting power of the company.
What is the distinction between stockholders and shareholders?
To get into the nitty gritty of the aspects, "stockholder" theoretical part to the owner of stock, which may be interpreted as inventory rather than shares. In contrast, "shareholder" refers to the owner of an equity, which may only refer to an equity stake in a company.
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FILL IN THE BLANK. __________ using specific business practices that increase a seller's market power and excludes other sellers is illegal under U.S. law. O Powering O Rationalizing O Differentiating O Monopolizing
The right answer is D. The use of specific commercial techniques to monopolize a market and exclude other suppliers is prohibited under U.S. law.
What does monopolizing actually mean?verb in transit. When someone monopolizes something, it means they own a sizable portion of it and forbid others from owning any of it. They effectively have a monopoly on the market since they own so much cocoa.
Is monopolization a crime?The Antitrust Act of Sherman ,This involves agreements between rivals to fix pricing, bid rigging, and allocate clients, all of which are considered felonies and subject to harsh penalties. Monopolizing any aspect of interstate commerce is also illegal under the Sherman Act.
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the administrator is empowered to inspect the books and records of a registrant: a that are physically located in that state, but it cannot inspect books and records located in other states b only if a court of law in the state issues an order compelling the registrant to provide access to its books and records c only during regular business hours at a location and time agreed to by the registrant d in any location where the registrant maintains records, either inside or outside that state
Correct alternative is B. solely if a court of regulation in the kingdom problems an order compelling the registrant to provide get admission to to its books and records.
In general, books and data are the books, accounts, records, memoranda, correspondence and different documentation or statistics that firms have to make and preserve in accordance with the federal securities laws, MSRB rules, FINRA regulations and all other applicable laws, guidelines and regulations.
Which regulations are related to the books and archives requirements?The SEC amended Rule 17a-4 on October 12, 2022 to adjust the necessities related to the renovation and preservation of electronic records, the use of third-party record keeping services to hold records, and the prompt production of records
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https://brainly.com/question/23360745#SPJ4banks serve as centers where many individuals can combine their money to create a large pool of .
Banks act as hubs where numerous people can pool their funds to develop substantial capital reserves.
Which type of financial firm combines funds and sells shares to the general public?An open-end investment company known as a mutual fund, which is registered with the SEC, pools money from many investors and invests it in securities like stocks, bonds, short-term money market instruments, other assets, or a combination of these, including money from many participants.
What is a reserve bank's other name?The primary beneficiaries of Reserve Bank activity are the U.S. Treasury, banks, and the general public: Since they provide commercial banks with services that are similar to those that commercial banks provide to their clients, Federal Reserve Banks are commonly referred to as "bankers' banks."
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which of the following guidelines should be followed by a trainer in order to provide uncompromising customer service to his clients?
the correct answer of the given question is Obsess over developing artistic methods to help clients.
A personal trainer creates and implements safe and effective training regimens for people who look to be in good health or who have received a medical clearance to exercise. They motivate clients by helping them set goals, offering frank feedback, and acting as a trustworthy source of responsibility.
Trainers also conduct a number of tests, beginning with a pre-participation health screening, and may assess a client's posture, movement, flexibility, balance, core function, cardio-respiratory fitness, muscular fitness, body composition, and skill-related parameters (such as power, agility, coordination, speed, and reactivity), in order to observe and gather the information required for developing an efficient exercise program and assisting in the achievement of goals.
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measured by the mean absolute deviation, which of the forecast methods (1, 2, or 3) provides the highest degree of forecast accuracy for the five weeks of data shown? week demand method 1 method 2 method 3 1 24 23 26 21 2 19 25 22 20 3 27 21 23 23 4 25 30 29 22 5 31 25 32 28
So based on the mean absolute deviation, both method 2 and 3 gives the highest degree of forecast accuracy as they have the lowest mean absolute deviation of 2.8
What exactly does mean absolute deviation?The average distance between each data value and the data set's mean (MAD). The mean absolute deviation can be used to describe the variation of a data set. on the internet, and on the internet.
Fhat is a formula for mean absolute deviation?Mean absolute deviation (MAD) = sum of absolute deviations for all periods divided by the number of periods
Where absolute deviation = absolute deviation value
Deviation = actual value minus predicted value
So, in order to calculate the mean absolute deviation, we must first compute the deviation and absolute deviation for all periods for each method.
MAD calculation for method 1
• For week 1, the deviation is 24-23 = 1 and the absolute deviation will be 1; for week 2, the deviation is 19-25 = -6 and the absolute deviation will be 6; and for week 3, the deviation is 27-21 = 6 and the absolute deviation is 6.
• For week 4, the deviation is 25-30 = -5, and the absolute deviation will be 5.
• The deviation for week 5 is 31-25 = 6, and the absolute deviation will be 6.
• MAD = (1+6+6+5+6) /5 = 24/5 = 4.8
• For week 1 deviation = 24-26 = -2 and absolute deviation will be = 2 • For week 2 deviation = 19-22 = -3 and absolute deviation = 3
• For week 3, the deviation is 27-23 = 4 and the absolute deviation will be 4.
• For week 4, the deviation is 25-29 = -4, and the absolute deviation will be 4.
• For week 5, the deviation is 31-32 = -1, and the absolute deviation will be 1.
• MAD = (2+3+4+4+1) /5 = 14/5 = 2.8
• For week 1 deviation = 24-21 = 3 and absolute deviation = 3
• Week 2 deviation = 19-20 = -1 and absolute deviation will be = 1 • Week 3 deviation = 27-23 = 4 and absolute deviation = 4
• Week 4 deviation = 25-22 = 3 and absolute deviation will be= 3
• For week 5, the deviation is 31-28 = 3 and the absolute deviation will be 3.
• MAD = (3+1+4+3+3) /5 = 14/5 = 2.8
a part of the people.
So based on the mean absolute deviation, both method 2 and 3 gives the highest degree of forecast accuracy as they have the lowest mean absolute deviation of 2.8
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which of the following statements about systematic and unsystematic risk is least accurate? statement 1: total risk equals market risk plus firm-specific risk. statement 2: the unsystematic risk for a specific firm is similar to the unsystematic risk for other firms in the same industry. statement 3: as an investor increases the number of stocks in a portfolio, the systematic risk will remain constant.
The following statements about systematic and unsystematic risk is least accurate that total risk equals market risk plus firm-specific risk.
The sum of systematic (market) and unsystematic (company-specific) risks is the total risk. The unsystematic risk for a particular company is distinct from the unsystematic risk for other businesses operating in the same sector.
Firm-specific or unique risks, such as corporate, financial, or credit risks, are referred to as unsystematic risks. The majority of the time, systematic risk cannot be completely removed and remains mostly constant regardless of the number of assets in a portfolio; however, the unsystematic risk may be decreased by adding securities to a portfolio.
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competing against foreign banks can be difficult for u.s. banks because: foreign banks are subject to fewer regulations than u.s. banks u.s. banks are not used to the pure competition that exists in the banking industry in many asian countries the federal reserve has no control over international banking it is illegal to take more than $10,000 worth of u.s. currency out of the country international banks are so risk-averse
Competing against foreign banks can be difficult for u.s. banks because;
foreign banks are subject to fewer regulations than U.S. banks. Thus correct answer (c).
What is foreign banks in India?
A foreign bank branch is a type of international bank that is obligated to follow the laws of both its home country and the nation it is operating in. As of 2022, 46 foreign banks were operating in India, according to the Reserve Bank of India (RBI).
Why is competing against foreign banks difficult for US banks?
Competing against foreign banks can be difficult for U.S. banks because the U.S. banks are subject to many more regulations. Some governments protect their banks against foreign competitors. International banking is a high-risk business.
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Full Question :Competing against foreign banks can be difficult for U.S. banks because:
Group of answer choices
a)it is illegal to take more than $10,000 worth of U.S. currency out of the country
b)international banks are so risk-aversive
c)foreign banks are subject to fewer regulations than U.S. banks
d)U.S. banks are not used to the pure competition that exists in the banking industry in many Asian countries
e)the Federal Reserve has no control over international banking
When creating the job description and identifying the job specifications for this position, the HR specialist should consider which of the following out puts needed for this role?
Multiple choice:
Office supplies available
All of the answer choices are correct
Patients scheduled
complete insurance claims filed
accurate date entry of of holidays worked by each team member
When creating the job description and identifying the job specifications for this position, the HR specialist should consider the out puts needed for this role is All of the answer choices are correct
The activities and responsibilities of the role should be accurately reflected in the job description. It provides a realistic portrayal of a work and provides the answer to the query, "What does the person in this role truly do? ”
A job description not only outlines the duties of the position, but it also lays the groundwork for attracting, nurturing, and keeping talent. It also creates the conditions for the best possible work output by making clear the duties, anticipated outcomes, and performance evaluation criteria. It is crucial for establishing a fair pay system and guaranteeing legal compliance. The document needs to be reviewed and updated in accordance with the cycle of annual performance reviews.
The job description offers enough details to outline the main duties and necessary duties as they currently exist. They are "incumbent neutral" and not based on any particular characteristic of an incumbent because they give the information required to categorize the position, not the individual (such as knowledge, skills, abilities, performance, dedication, loyalty, years of service, or degree). In order for the document to be usable even when minor changes take place, it should not contain every specific about how and what job is done. Although the supervisor must give his or her approval, job descriptions can be developed jointly by the employee and the supervisor.
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FILL IN THE BLANK. ___ is using friends, business contacts, coworkers, acquaintances, and fellow members in professional and civic organizations to identify potential clients
Networking is using friends, business contacts, and fellow members in professional and civic organizations to identify potential clients
Networking is the process of building and maintaining professional relationships with friends, business contacts, co-workers or organizations that could potentially be helpful in achieving personal or business goals. Effective networking involves building genuine, mutually beneficial relationships and regularly staying in touch with an individual's network.
Networking can be a valuable tool for identifying potential clients, partners, or job opportunities. By building a strong network of professional relationships, a person can gain access to valuable information, resources, and support that can help them to achieve their goals. It is important to be proactive in seeking out new connections and opportunities, and to be open and willing to help others in the network as well
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Assume Nadia voluntarily leaves a job with a salary of $100 per day to open and run a restaurant instead. After deducting all explicit costs from the restaurant revenues, Nadia has a gain of $120. Assuming there are no additional implicit costs, which of the following statements is true?
Nadia has an economic profit of $20.
Nadia made $20 in profit from her business.
Accounting profits are calculated as total revenue less direct costs. Accounting profits result in economic profits after any opportunity costs are subtracted.
Briefing:-Making rational decisions requires taking into account all costs and is therefore focused on economic gain or loss. In this illustration, the accounting profit is shown as $120$120. There is a $20 economic gain after deducting the opportunity cost of lost wages ($100)($100). Accounting profit exceeds the opportunity cost of lost wages, hence there is economic gain.
Which of the following claims about economic profits, opportunity costs, and accounting profits is true?There will be economic losses if accounting gains are lower than opportunity costs.
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Extended warranties are service contracts that are not actually warranties b/c it is sold separately at an extra cost. The warranty is provided by the manufacturer. The extended warranty is provided by the?
The retailer offers the extended warranty, Service contracts known as extended warranties are technically not warranties because they must be purchased separately and at an additional expense.
What does "extended warranty" mean?
Extended warranties are contracts that extend the manufacturer's warranty period beyond that of consumer durables. If a product has a manufacturing flaw or poor craftsmanship, it is covered for the cost of replacement or repair. Prerequisities
Is an extended warranty worthwhile?
Extended warranties are often "a lousy value" when it comes to the overall cost of your car, according to Gillis. 55% of consumers who bought an extended warranty in a Consumer Reports poll never used it.
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perform a horizontal analysis providing both the amount and percentage change. (round percentage answers to 1 decimal place. decreases should be indicated by a minus sign.) year 2021 2020 cash $ 272,640 $ 710,000 accounts receivable 274,010 110,000 inventory 691,740 610,000 long-term assets 3,246,490 2,210,000 total assets $ 4,484,880 $ 3,640,000
Horizontal analysis, also known as trend analysis, examines an organization's positive or negative trends by examining financial statements from multiple years.
The company reported a $1.1 million capitalization in long-term assets, despite a significant decrease in cash of -$521,240, or 168.8%. a 48.1% increase from the previous year. Inventory and accounts receivable showed positive trends, rising by 150,000.3% and 16,000%, respectively, over the previous period.
A bookkeeper, in any case, would additionally explore the development in debt claims to guarantee that the development is happening through development in deals and not through delinquent and easing back receivable turnover.
Long-term assets 1,120,730 48.1% Total assets 1,051,769 25.5% Cash -521,240 -168.8% Accounts receivable 345,690 150.3% Inventory 106,589 14.6%.
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