This statement is true as indirect expenses are allocated to departments based on their benefits received by each department.
These are those expenses that are not related to a particular activity. For instance, building rent, depreciation, etc. These costs cannot be linked specifically to a given item or division.
The best examples of indirect costs are rent and utilities. If a building has eight departments, rent cannot be distributed equally; instead, it is divided based on the amount of space each department has taken up. The same is true for office expenses like power, phone bills, and other bills; each is allocated depending on the benefits used by each department.
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A floating exchange rate:?
?is determined by the national governments involved.
?remains extremely stable over long periods of time.
?is determined by the actions of central banks.
?is allowed to vary only within a narrow range.?adjusts in response to market forces.
The Bretton Woods system:?
?established a worldwide gold standard.
?established a worldwide system of fixed exchange rates.
?established a worldwide system of flexible exchange rates.
?harmonized tariff systems.
When a country has a floating exchange rate, the foreign exchange market determines the value of its currency based on supply and demand in relation to other currencies.
A floating exchange rate is determined by free market equilibrium established by demand and supply of a currency and this contrasts with a fixed exchange rate, when the rate is fully or primarily decided by the government.
Bretton Woods system was adapted by US, Europe, Japan, Australia and Canada, which were industrialized nations.
In a managed float regime, exchange rate varies as per market forces but if it moves outside a range, central bank may intervene to stabilize it by buying or selling currency as per the requirement.
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Astrid has a $150,000 single-family rental house that was put into service on January 1, 2021. The land value of the lot is $20,000 and at the time of purchase she made $5,000 in capital improvements. Under the General Depreciation System (GDS), Astrid’s annual depreciation expense is what amount?
A. $2,679
B. $4,909
C. $5,112
D. $6,238
If Astrid has a $150,000 single-family rental house that was put into service on January 1, 2021. annual depreciation expense amount is B. $4,909.
How to find the Annual depreciation expense?First step is to find the building value
Building value =Purchase price -Land value
Building value = $150,000 - $20,000
Building value = $130,000
Second step is to find the Annual depreciation expense
Annual depreciation expense = $130,000 + $5,000 / 27.5 years
Annual depreciation expense = $135,000 / 27.5 years
Annual depreciation expense = $4,909
Therefore the correct option is B.
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when hiring temporary workers, realistic job previews are most helpful so that upon being hired, temporary employees understand the job and organization and can begin successful performance immediately. TRUE OR FALSE
This assertion is false.
The transient group of workers goes through many names: temps, contract workers, consultants, freelancers, seasonal workers and interns. But anything they're called, they give agencies flexibility when everlasting personnel go out on leave, commercial enterprise fluctuates and at some point of instances of elevated non permanent or seasonal needs.
What is an example of a brief job?In contrast, a transient employee does not have a ordinary schedule and only works for a specified quantity of time. For example, a company might hire extra sales clerks around the wintry weather holidays.
What is an gain of the use of transient workers?Temporary workers assist decrease standard staffing costs, due to the fact their presence can hold your everyday personnel completely productive, however no longer overworked. The capability to “try out” attainable future hires.
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https://brainly.com/question/9184663#SPJ4Which of the following organizations serve in food safety for ' Not a regulatory agency, but establishes policy and makes recommendations globally'?
NOT: United States Department of Agriculture (USDA)
Other options:
- United States Food and Drug Administration (FDA)
- World Health Organization (WHO)
- Food and Agriculture Organization (FAO)
- Centers for Disease Control and Prevention (CDC)
The United States Food and Drug Administration (FDA), World Health Organization (WHO), Food and Agriculture Organization (FAO), and Centers for Disease Control and Prevention are the organisations that serve in the field of food safety.
What Organization means?An organisation is a business, institution, or group of people with a single, overarching objective (Commonwealth English; see spelling variations). The word comes from the Greek word organon, which also denotes an organ and a number of implements or instruments. An organisation is a group of people who cooperate, such as a firm, neighbourhood association, charity, or union. The term "organisation" can be used to describe a person, a group, a company, or the process of creating or developing anything.
What is the purpose of organization?An organization's main objective is to comprehend and efficiently manage the business. Unifying the workforce and defining the organization's direction are the major objectives. People can concentrate on their work rather than office politics in effective organisations. They believe that if they perform well, treat others kindly, and do their jobs well, they will advance in their careers. They don't battle against organizational rules or tedious jobs for very long.
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the information processing errors made the investor misestimate the true probabilities of events or the return rates. that's why they make the investors misestimate the prices. for example, investors may be overconfidence persons, so they overestimate prices. or may conservatism persons, so they underestimate the prices, or they have forecasting errors, and their assumptions in their models are totally wrong.
Errors in information processing can lead investors to misestimate the true probabilities of possible events or associated rates of return.
What kind of processing is that?The term "processing" refers to a sophisticated procedure or treatment, such as the preparation of coffee beans for brewing. The term "processing" is frequently used to describe the steps taken to prepare food or other products for sale or consumption.
Are processing and pending the same thing?Processing entails submitting the transaction instructions for debiting the borrower's funds to the ACH network. Pending refers to a planned payment for which the ACH network has not yet received instructions to debit the borrower.
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page incorporated manufactures automotive parts that sell for $80 each. the manager reported 280 defective parts in inventory, which cost $50 to reproduce. the manager can sell the defective parts for $20 each, or process the parts further for $30 each, and then sell them for the standard sales price. which of the following should the managerial accountant recommend for action?
For a net improvement in operating income of $8,400, a Managerial accountant is recommended to repair the defective items and then sell them at a standard price, rather than sell them for $20.
For understanding why a Managerial accountant should choose to repair defective items. Refer to the detailed explanation given below:
Situation 1.
Cost of reproduction of 280 defective parts = 280*50 =$14000
If he sell the defective parts for 20$ each he would get= 280*20= $5600
Situation 2.
If he chooses to repair the defective items, at 30$ it would cost him= 280*30= $8400
If he sells those repaired parts at a standard price, he would get= 280*80=22400
Thus his total revenue would be = 22400-8400= $14000
Now it is clear that if the managerial accountant chooses the second option of Repairing the defective Parts and then reselling them at the standard price, it would be profitable
As An increase of (14000-5600) $8400 would be reflected in the operating income of Page incorporated.
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under the indirect method of preparing the statement of cash flows, depreciation expense is added back to net income because it
Depreciation expense must be put back to net income under the indirect method since net income serves as the starting point for calculating cash flows from operational activities.
Depreciation is one of a company's expenses that is taken into account when calculating net income. Depreciation, however, is not a financial spend because it is an accounting metric. Depreciation expense is thus re-included in the cash flow statement when determining a company's cash flow.
Depreciation is included as a cost of generating production gross receipts because it is regarded under the IRC as an usual and necessary business expense.
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The total annual ordering cost (SD/Q) when ordering EOQ is 7,052 dollars. Caring cost per unit per year (H) is 11 dollars. Compute EOQ. Enter your answer as a whole number with NO decimal point.
The economic order amount is a metric that addresses the ideal request size to limit costs for the business. The interest is how much stock is utilized each year or the number of units that are sold each year. Monetary request amount is a valuable recipe for organizations of all sizes and types that request and hold stock. Under EOQ, annual ordering cost = annual ordering cost.
Annual ordering cost = (D/Q) *S
Annual carrying cost = (Q/2) *H
Given that annual ordering cost = 7052
So, annual carrying cost = (Q/2) * H = 7052
Given H = carrying cost = 11
so Q/2 = 7052/11 = 641.09
So Q = 641.09*2 = 1282.18 ~ 1282
EOQ = 1282.
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Sal is 35 years old, an employee of a private firm, and is planning to retire at age 65. He is investing in a traditional IRA instead of a Roth IRA because he expects his marginal tax rate to be lower during retirement than it is now. Is this a productive choice for Sal? Why or why not?
Answer:
Explanation:
the choice between a traditional IRA and a Roth IRA depends on an individual's expectations about their future tax bracket. A traditional IRA may be a good choice for someone who expects to be in a lower tax bracket during retirement, as contributions are tax-deductible and the investment earnings grow tax-free until they are withdrawn in retirement. On the other hand, a Roth IRA may be a better choice for someone who expects to be in a higher tax bracket during retirement, as contributions are not tax-deductible, but the investment earnings grow tax-free and qualified withdrawals in retirement are tax-free. It is important for individuals to consider their specific financial situation and consult with a financial planner or tax professional to determine the best choice for their individual circumstances.
It is productive for Sal because It is productive because Sal can claim a tax deduction on the amount he decides to contribute toward the traditional IRA.
What is a tax deduction?Tax deduction refers to claims made to reduce your taxable income, arising from various investments and expenses incurred by a taxpayer. Thus, an income tax deduction reduces your overall tax liability. It is a kind of tax benefit which helps you save tax. However, the amount of tax you can save depends on the type of tax benefit we claim.
Both the terms tax deduction and tax exemption refer to a lowering of taxable income; they are forms of tax relief or tax breaks provided by the government. However, tax exemptions may also include complete relief from taxes, reduced rates and tax on only a portion of income. Tax exemption means we don't have to pay tax for a particular income.
For instance, we may get a tax exemption for donating to charitable institutions and various relief funds.
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Based on the following information, compute cash flows from investing activities. (Input the amount as positive value.) Cash collections from customers Sale of used equipment Depreciation expense Purchase of short-term investments $ 710 240 260 304 Cash used in investing activities
Sale of short-term investments plus the purchase of secondhand equipment equals the cash generated by investing activities. Investing-related cash flow equals $7,100 minus $6,200.
The section includes a company's overall cash flow from investment-related operations. The acquisition of financial assets, mutual funds, stocks, etc., is an example of an investment activity.
Long-term investments known as capital investments involve assets with multiple-year useful lifetimes. Capital investments include things like building a new production facility and purchasing machinery and equipment. A technique for calculating the financial feasibility of a capital investment over its lifetime is capital budgeting.
Capital budgeting, in contrast to several other forms of investment analysis, places more emphasis on cash flows than profits. Instead of accounting the revenues and expenses resulting from the investment, capital budgeting focuses on identifying the cash inflows and cash outflows. For instance, because they are cash flow activities, non-expense items like loan principal payments are included in capital budgeting.
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you've reached the maximum $2,500 in combined grocery store, wholesale club, and choice category purchases this quarter.
Customers may earn over the 1% cashback rate upon up to $2,500 in purchases each quarter in the bonus categories of the Bank of America Customized Cash Rewards program. The highest total purchase this quarter from food stores, wholesale clubs, and choice categories is $2,500.
No question has been given. These are the only conditions that apply to Bank of America Customized Cash Rewards. The Bank of America Customized Cash Rewards card allows for additional flexibility by providing an excellent rewards rate on a category of the user's choice. The complete rate of rewards is as follows:
3% cashback on a selected category (home improvements and furnishings, dining, online shopping, drugstore shopping, and travel).2% cashback on purchases made at grocery stores and wholesale clubs.Spending cap of $2,500 per quarter on the 2% or 3% categories.1% back on further purchases.Learn more about cash back on purchases here: brainly.com/question/28295046
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Ultimate Sportswear has $290,000 of 6% noncumulative, nonparticipating, preferred stock outstanding. Ultimate Sportswear also has $690,000 of common stock outstanding. In the company's first year of operation, no dividends were paid. During the second year, the company paid cash dividends of $49,000. This dividend should be distributed as follows:
$24,500 preferred; $24,500 common.
$26,000 preferred; $23,000 common.
$17,400 preferred; $31,600 common.
$0 preferred; $49,000 common.
$12,250 preferred; $36,750 common.
Both preference stockholders and common stockholders receive the dividend. The fact that preferred stockholders have precedence over various payments distinguishes preferred stocks from common stocks.
The best choice is the preferred amount of $8,400; $25,600 in common
Dividend on preferred stock equals preferred stock minus dividend.
What exactly are dividends, exactly?
A dividend is a cash or other reward that a business gives to its shareholders. Dividends can be paid out in cash, in stocks, or in any other way you can think of. The dividend of a company is decided by the board of directors, and shareholders must approve it.
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What negotiation approach is described by the following situation: Sean has some extra cash and he wants to buy a new car. Sarah is desperate for cash so she puts her car up for sale, and Sean exploits this to get a great price.
a) integrative
b) distributive
c) BANTA
d) win-lose
Distributive t negotiation approach is described by the following situation: Sean has some extra cash and he wants to buy a new car. Sarah is desperate for cash so she puts her car up for sale, and Sean exploits this to get a great price.
Distributive bargaining is a type of negotiation in which both sides agree to share existing resources with each other for separation, and it is mostly a win-lose situation, while integrated bargaining is a type in which both sides try to further expand existing resources. Moving forward to a collaborative process, it is always a win-win situation. Distributive negotiations occur when the interests or goals of the parties are the same and conflict with each other.
These conditions are characterized by a limited or fixed supply of resources. The other party's interests or goals are in direct conflict with your own. In plain English, the parties try to claim the same value; Thus, the value obtained by one party means that the other party receives less value in the negotiation.
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Regardless of fault, a crash report must be filed by the driver of a vehicle if the crash involves death, bodily injury, or property damage of more than $1,500 (or more than $500 if a vehicle is uninsured). t/f
True. Regardless of who was at blame, the driver of a car is required to file an accident report if there were fatalities, serious injuries, or more than $1,500 worth of property damage (or more than $500 if the car was uninsured).
Damage to real or personal property is known as property damage. A vehicle accident that results in damage or a chemical release on real estate might serve as examples. To guard against the possibility of property damage, property owners might get property insurance. Property damage, often known as harm to real or personal property caused by the negligence, malicious destruction, or some other natural occurrence of another. Property damage is distinct from personal harm in litigation for losses brought on by negligence or a malicious act. Property damage is defined as harm to a third party's property and is covered by commercial car liability insurance. Physical damage often refers to harm done to a policyholder's car. Both the comprehensive and collision insurance policies cover physical damage.
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regarding executive compensation and governance, group of answer choices it is relatively easy to connect company outcomes with managerial decisions, so executive level compensation is results-based. the goal of executive compensation is to align executive and owner goals. salary is the primary compensation mechanism used for executives. incentive systems guarantee managers make the right decisions.
Regarding executive compensation and governance is b) the goal of executive compensation is to align executive and owner goals.
Governance is defined as the choices and moves of the individuals who run a faculty, state, city, or enterprise. An instance of governance is the mayor's selection to increase the police force in response to burglaries. YourDictionary. The precise system with the aid of which a political machine is ruled.
Governance helps you to usually act within the fine hobbies of the business. more especially, it can improve the overall performance of your enterprise, help it emerge as more solid and productive, and unencumber new possibilities. it is able to reduce risks and allow faster and more secure increases. it can additionally enhance popularity and foster consideration.
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nrg inc. currently has $331 million of debt outstanding. it's cost of debt is 5.5% and its marginal corporate tax rate is 25%. estimate the tax shield for nrg at the end of the year (don't calculate the present value). express your answer in $-millions and round to two decimals (do not include the $-sign in your answer).
Tax shield= (interest payment* tax rate)
= (499*4.6%)*25%
= 5.7385 Million
The tax shield will be 5.7385 Million.
A tax is a obligatory economic fee or a few other kind of levy imposed on a taxpayer (an man or woman or prison entity) through a governmental enterprise so that you can fund government spending and numerous public costs (local, local, or national),[2] and tax compliance refers to policy moves and individual behaviour aimed at making sure that taxpayers are paying the proper quantity of tax at the proper time and securing the precise tax allowances and tax reliefs. the primary acknowledged taxation took place in historical Egypt round 3000–2800 BC.
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paul drives a truck as an employee for quick delivery, inc. paul would most likely be considered acting outside of the scope of her employment if he group of answer choices crashed into a car at the airport while off-duty hit a pedestrian in a parking lot during a working lunch ran over an attendant at a gas station while refueling his company truck smashed into a store-front window while driving on-duty
A truck or lorry is a type of automobile made to move objects, carry specific payloads, or carry out other practical tasks. Trucks come in a wide range of sizes, capacities, and configurations,
but the vast majority have body-on-frame construction and a cabin that is separate from the vehicle's payload. Smaller variations could share mechanical similarities with some cars. Commercial truck, such waste trucks, fire trucks, concrete mixers, and suction excavators, can be quite strong and big, and they can be designed to be equipped with specific equipment. A commercial vehicle without a trailer or additional articulation is technically referred to as a "straight truck" in American English, while a vehicle created expressly to tow a trailer is referred to as a "tractor" instead of a truck. [1]
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Assume, for Vietnam, that the domestic price of textiles without international trade is lower than the world price of textiles. This suggests that in the production of textiles, a. Vietnam has a comparative advantage over other countries and Vietnam will import textiles. b. Vietnam has a comparative advantage over other countries and Vietnam will export textiles. c. other countries have a comparative advantage over Vietnam and Vietnam will import textiles d. other countries have a comparative advantage over Vietnam and Vietnam will export textiles. 8. Which of the following would affect the GDP for the U.S.? a. The purchase of tutoring services from a tutor who holds a foreign citizenship but resides within the U.S. b. The purchase of a new edition of a foreign textbook that was produced in a different country. c. The purchase of ink and paper supplies by a textbook company for the production of new textbooks not produced yet. d. The purchase of a used textbook from a friend who took the same class last year. Figure 1 The above figure describes the Chinese Market for pencil sharpeners. 9. Refer to Figure 1. With no international trade a. the equilibrium price is $12 and the equilibrium quantity is 300. b. the equilibrium price is $16 and the equilibrium quantity is 200 c. the equilibrium price is $16 and the equilibrium quantity is 300 d. the equilibrium price is $16 and the equilibrium quantity is 450.
Other countries have a comparative advantage over Vietnam and Vietnam will import textiles.
Option A is correct .
When compared to other nations, a country has comparative advantage if it provides a good or service at a lower opportunity cost.
The fact that textiles are more expensive in Vietnam as compared to other nations demonstrates that the country lacks a comparative advantage in textile production. In order to produce other items for which Vietnam has a comparative advantage, the country should purchase textiles.
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The correct question is :
Assume, for Vietnam, that the domestic price of textiles without international trade is higher than the world price of textiles. This suggests that, in the production of textiles
a. other countries have a comparative advantage over Vietnam and Vietnam will import textiles.
b. Vietnam has a comparative advantage over other countries and Vietnam will export textiles.
c. Vietnam has a comparative advantage over other countries and Vietnam will import textiles.
d. other countries have a comparative advantage over Vietnam and Vietnam will export textiles
Ms. Wallender, your boss, wants to hire a new information technology (IT) worker to redesign the company website. She asks you to prepare a report on IT salaries, so she will know what wages to offer the new IT employee. How should you tirit the scope of the problem you are trying to solve? Check all that apply. O Conduct a review of IT salaries nationwide. O Look at IT salaries in your local area. O Avold defining salary because it is a hot-button issue. O Review the salaries of similar jobs at competing companies.
All answers are correct. When making a comparison, make sure the information is comparable. This means finding a salary for a job in the company of your local competitors. You want to know the salaries of local IT professionals, not everyone in the IT industry across the country. To make an honest comparison, you need to clearly define your salary. Clear definitions help make comparisons more useful.
Local competition means the opposition system thru which a Framework person selects a Panel Member from the right zone as set out within the local competition guidance
A local commercial enterprise is one which sells its products and services to clients in its own city, town, or geographic vicinity.
Competition are other corporations who can offer the identical or comparable goods and offerings to your customers.
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which of the following bank account types is least likely to pay interest? a. savings account b. checking account c. money market account d. certificate of deposit
The correct answer is d. certificate of deposit bank account types is least likely to pay interest.
The least-profitable savings accounts are the conventional ones. Although money market accounts normally provide lower interest rates than other accounts, they do earn better interest rates than regular savings accounts. The bank doesn't give interest on current accounts. The primary usage of a current account is for commercial purposes. There are no limitations on the quantity or frequency of withdrawals from a current account. Typically, the money you deposit into a savings account earns no interest. Compound interest may work for you and help your money grow exponentially more quickly than it would if you only deposited a tiny amount of money into a savings account.
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High levels of inflation ________ the real value of money and, hence, ________ short-run equilibrium output.
High levels of inflation reduce the real value of money and, hence, decreases short-run equilibrium output.
So, reduce and decrease would be correct answer.
Price increases, or inflation, can be considered of as the gradual loss of purchasing power. The average price increase of a selection of products and services over time can serve as a proxy for the rate at which buying power declines. A unit of currency effectively buys less as a result of the increase in pricing, which is sometimes stated as a percentage. Deflation, which happens when prices fall and buying power rises, can be compared to inflation.
An economy is said to be in short run equilibrium when the level of aggregate output demanded is equal to the level of aggregate output supplied.
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consumers may use roth ira funds to obtain the down payment for their home purchase. which of the following scenarios is allowed?
It is generally allowed for individuals to use funds from a Roth IRA to make a down payment on a home purchase. However, there are certain rules and requirements that must be met in order to do so without incurring any taxes or penalties.
To use funds from a Roth IRA for a home down payment, the individual must meet the following requirements:
The individual must be a first-time homebuyer or must meet certain other exceptions to the rule.The individual must have owned the Roth IRA for at least five years.The individual can only use a maximum of $10,000 of Roth IRA funds for the down payment. This maximum applies to both single and married taxpayers.The funds must be used for a qualified home purchase, which includes the purchase of a primary residence or the construction of a primary residence.If the individual meets these requirements, they can use funds from their Roth IRA to make a down payment on a home without incurring any taxes or penalties. It is important to note that any funds withdrawn from a Roth IRA for a home down payment will be subject to income taxes if the individual does not meet the above requirements.
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glode and green theorize that the findings of kaplan and schoar may be due to insufficient disclosure by private equity firms. (T/F)
It is true that the Glode and green theorize that findings of Kaplan and Schoer may be due to insufficient disclosure by the private equity firms.
What is private equity?The phrase "private equity" (PE) refers to investment funds, typically limited partnerships (LP), that purchase and restructure financially precarious businesses that provide goods and offer services. A private equity fund is a class of assets as well as a type of asset ownership that serves as a means of financial management for active private businesses that are not listed on a stock market. A target company receives private equity financing from a venture capital fund, an investment management firm, or an angel investor. Private equity funds are a sort of private money used to finance long-term investment strategies in less liquid corporate enterprises.
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does the following statement describe a demander on a supplier in a financial market? they paid interest on their credit card bill
Answer:
Yes
Explanation:
Because they have credit
factors creating the global marketplace include all of the following except lowering costs of doing business globally privatization and globalization of government services growth in domestic businesses satellites and computer technology
factors creating the global marketplace include all of the following except growth in domestic businesses.
A market or market place is a regular gathering area where people come to buy and sell food, cattle, and other items. A marketplace may be referred to as a souk or bazaar in different parts of the world. While some markets are open every day and are referred to as permanent markets, others are conducted either once a week or on infrequently occurring days like festival days and are referred to as periodic markets. The population, culture, environmental factors, and physical circumstances of a region all affect the shape that a market takes. As long as people have traded, there have been markets. Bazaars are thought to have first appeared in Persia and then expanded throughout the rest of the Middle East and Europe.
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Officers knock on a door of an apartment being rented by a male suspect. A female opens the door and the officers ask her if the suspect is home. She says, "Not right now," but the officers don't believe her and want permission to enter and look for themselves. They have no warrant or other justification. They should first
The answer to the question of whether the police can search your home without a warrant is "Yes". The police can enter your private residence or office without a warrant, but only under certain circumstances.
What is a Search Warrant?A search warrant is a court order issued by a magistrate, judge or court authorizing law enforcement officers to search a person, place or vehicle for evidence of a crime and to seize any illegal items or evidence of a crime, if they find something. In order to obtain a search warrant, the police must convince the judge that there is evidence of a crime there and if the judge is convinced, he will issue the warrant and the document should be special, because it should be clearly stated where it is being done. The exact search should be done, including the specific date and time. In India, Article 19 (Right to Liberty) and Article 20 (3) (Protection against self-incrimination) of the Constitution of India provide protection to the accused from testifying against them which is meant to protect citizens from inappropriate research.
The law usually makes an exception to the search as section 165 of the code is established as an exception to this general law of investigation because it is recognized that in some special cases of urgency it is necessary to allow the police officer to conduct and research without warrant.
The answer to the question of whether the police can search your home without a warrant is "Yes". The police can enter your private residence or office without a warrant, but only under certain circumstances.
The reasons why a police officer does not need a search warrant to conduct a search are described in section 165, and the reasons are as follows:
1) Whenever the officer in charge of a police station or police station is conducting an investigation, he has reasonable grounds to believe that anything relevant to the purpose of conducting an investigation into any crime given permission to conduct research, he can be found anywhere and this can happen. If the object cannot be found in his opinion without delay without search, such officer may search for such object in any place within the limits of such station.
2) Proceeding under sub section (1), shall if practicable, Police officer will conduct the search in person.
3) If police officer is not able to conduct the search in person and also there is no other competent person to make the search at that time, he may, after recording in writing his reasons for so doing, require any officer subordinate to make the search and order him to search for such thing in such place.
4) If a police officer remained outside the house while the search was being made inside by some subordinate officer, the search was not held to be illegal.
5) Copies of any record that is made under sub section (1) of this section shall be sent to the nearest magistrate who is empowered to take cognizance of the offence.
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a home is sold at public auction (foreclosure sale). the proceeds of this sale will first be used to pay: real estate taxes mortgage liens second mortgage liens sheriff's cost of sale
As per the public auction, the proceeds of this sale will first be used to pay is sheriff's cost of sale
What is meant by public auction?
In general terms, public auction means either a tangible event at a public location or an electronic event which is advertised and made available to the public via the Internet.
Here we have a home is sold at public auction (foreclosure sale). and we need to find the proceeds of this sale will first be used to pay
Here we know that the the public auction was take place while the real property taxes would be the first lien to be paid, the sheriff's cost of sale is the first item to be paid from foreclosure proceeds.
And we have to beware of the question that asks, "which is the first lien to be paid?" and in that instance, the real property taxes would be the first lien.
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A 25-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 6%.a.Find the bond equivalent and effective annual yield to maturity of the bond if the bond price is $950. (Round your intermediate calculations to 4 decimal places. Round your answers to 2 decimal places.)Bond equivalent yield to maturity %Effective annual yield to maturity %
The bond equivalent YTM = 8.36% and Effective annual YTM = 8.53%
How do you calculate the the bond equivalent YTM?Available inputs: n = 40, FV = 1000, PV = –950, PMT = 40.
The yield to maturity on a semi-annual basis =
Yield To Maturity = (Face Value/Current Bond Price)^(1/Years To Maturity)−1
= (1000 / -950) )^(1/40)−1
= 4.26%.
This implies a bond equivalent yield to maturity of: 4.26% x 2 = 8.52%
Effective annual yield to maturity i = [1 + (r/n)]n – 1
(1.0426)2 – 1 = 0.0870 = 8.36%
Since the bond is selling at par, the yield to maturity on a semi-annual basis is the same as the semi-annual coupon, 4%.
The bond equivalent yield to maturity is 4%.
Effective annual yield to maturity i = [1 + (r/n)]n – 1
= (1.04)2 – 1 = 0.0816 = 8.53%
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Generally speaking, as a firm progresses through its industry life cycle, you would expect the present value of its growth opportunities (PVGO) to as a percentage of its stock price per share. stay the same decrease O No typical pattern can be expected. o increase
Generally speaking, as a firm progresses through its industry life cycle, you would expect the present value of its growth opportunities (PVGO) to as a percentage of its stock price per share decrease.
The present value of growth opportunities (PVGO) is a valuation metric used for growth equities in corporate finance. It stands for the portion of the company's stock value that reflects (anticipated) earnings growth.
A lower proportion of PVGO typically appears in the share price of more established businesses that are in the lead in their industry cycle. This is due to investors' reduced expectations of its growth prospects compared to those of newly emerging growing enterprises.
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Savings Account
a deposit in a commercial bank or thrift institution on which interest payments are received
The phrase "near money" refers to non-monetary assets that are highly liquid and can be quickly converted into cash. It is also known as cash equivalents or quasi-money. As an illustration of near money: banks' holdings of savings accounts.
A thrift savings bank is what?A thrift bank, also just referred to as a thrift, is a particular kind of financial organization that focuses on providing people with savings accounts and originating home mortgages. Savings and Loan Associations are another name for thrift banks (S&Ls).
What is a good illustration of a thrift institution?Banks that offer both loans and savings
Because they initially exclusively offered savings accounts or time deposits, these organizations are known as "thrifts."
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