If the market price for five units is $25, what is the typical profit? Price = Marginal + Average Revenue + 25 dollars. Cost of Fixed Production.
What factors determine marginal revenue?
The additional money made from the sale of an additional unit is known as marginal revenue. Even after a period of constant output, this revenue computation abides by the law of diminishing returns since it becomes slower as output level increases. In a fully competitive market, a company will keep producing goods and services until its total marginal revenue equals its marginal cost.
For instance, a business might offer 100 shirts, each worth $10, for $1,000 on a Monday. This website charges $1,100 for 110 shirts.
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IBM's shift to a service business changed the inputs in their transformation process. Which input would be the most important resource in the new model
According to question, the most important input is Labour ,when IBM's shift to a service business changed the inputs in their transformation process .
Direct labor is the term for the salaries and pay given to employees who take part in the actual creation of a good or the provision of a service. The cost of labor per employee is calculated by multiplying the hourly wage of a worker by the total number of hours they will work in a year.
The cost of labor for a salaried employee is estimated by dividing their annual salary by the total number of hours they will work during the course of the year. Businesses that transform raw materials, substances, or component components into finished goods through mechanical, physical, or chemical processes are included in the manufacturing sector.
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Which of the following is the first step in the purchasing and payment process?
A. The purchaser receives an invoice for the goods shipped by the supplier.
B. The purchaser receives the inventory and prepares a receiving report.
C. The purchaser sends a check to the supplier.
D. The purchaser sends a purchase order to the supplier.
The purchaser sends a check to the supplier is the first step in the purchasing and payment process.
Hence, Option C is correct
The purchase-to-pay system starts with requisitioning and ends with payment.
The process of formally requesting a service, item, or product with a purchase request form is known as requisitioning. When goods or services are received, they are procured. When payment is received, the system is terminated. The process of integrating purchasing and accounts payable systems in order to increase efficiencies is known as procure-to-pay. It is part of the larger procurement management process and consists of four major stages: selecting goods and services, enforcing compliance and order, receiving and reconciling, invoicing and payment. So the distinction between procure to pay and order to cash is straightforward: one is for sales orders and the other is for procurement.To know more about payment here
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If the interest paid on an account is 10% compounded annually, $6,902 now is basically equivalent to $10,000 five years from now. True False
The claim that $6,902 today is roughly comparable to $10,000 after five years if interest on an account is compounded at a rate of 10% yearly is untrue.
The sum incurred from borrowing money that is owed to a lender is known as interest payable, or accumulated interest. To keep track of the debts that they owe, businesses enter this value in their ledgers. On the balance sheet of a company, it functions as a liability account.
On which, assets or obligations, is interest paid?A liability, paying interest is often listed in the balance sheet's current liabilities section. The income statement shows the corresponding interest expense that makes up interest due for the amount relevant to the reporting period.
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data were collected on the amount in dollars that individual customers by on dinner in an Italian restaurant
The value of P(pesto and alfredo) is, 0.35
The following information was gathered about the dollar amounts that various diners spent on Italian food.
Use the formula:
Now we are going to consider A and B be 2 events.
According to the aforementioned claim, client sauce orders have been recorded by Angelina's Italian Restaurant.
P(pesto) = 0.42
P(alfredo) = 0.86 and
P(pesto or alfredo) =0.93
We must locate the P. (pesto and alfredo).
Apply the provided formula in the equation bellow we get.
P(pesto or alfredo) = P(pesto)+P(alfredo)-P(pesto and alfredo)
Substitute the values we have as givens;
0.93 = 0.42+0.86-P(pesto and alfredo)
⇒0.93 = 1.28-P(pesto and alfredo)
So;
P(pesto and alfredo) = 1.28-0.93= 0.35
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The correct question would be a s bellow,
Angelina's Italian Restaurant has collected data about customer sauce orders. It calculated that P(pesto) = 0.42, P(alfredo) = 0.86, and P(pesto or alfredo) = 0.93. Determine the P(pesto and alfredo).
If the marginal propensity to consume is 0.9, the government increases purchases by $100, and net exports decline by $60, the equilibrium level of real gross domestic product will
The equilibrium level of the real gross domestic product will increase by up to $400.
The percentage of an overall salary increase that a customer spends on purchasing goods and services rather than saving is known as the marginal propensity to consume (MPC) in economics.
The MPC calculates how much money a person decides to spend on services and products rather than save as their income rises. In light of this, the MPC formula is MPC = change in consumption/change in income. The MPC in the aforementioned example would be 500/1000, or 0.5.
MPC is the percentage of additional money that a person spends. For instance, if a household receives an additional dollar of disposable income and its marginal propensity to consume is 0.65, it will spend 65 cents of that dollar and save 35 cents.
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'Money is what money can buy '
Explain this statement in at least 10 lines
Answer:
yes
Explanation:
you are only able to purchase item or subscribe to services with the limited money you have which means you can purchase an item worth more than you have
Explanation:
moreMoney is what money can by is explain in terms of which you are only able to purchase item or subscribe to services with the limited money you have which means you can purchase an item worth more than you have for example you have a hundred of Naira and you want to purchase and item worth more than you have
BRAINILIEST PLEASEDetermine the simple interest on an account paying 5.5% annually interest of an investment of $20,650. a. $1115.65
b. $1135.75
c. $1125.55
d. $1145.45
I=prt; I=20,650×0.055×1; I=1,135.75 is the simple interest on an account paying 5.5% annually interest of an investment of $20,650.
The simple interest is the rate at which you borrow or lend money. When a borrower receives funds from a lender, the lender receives additional funds in return. The principal refers to the borrowed funds that are granted for a specified time period.
It is straightforward to calculate simple interest using a formula. Simply multiply the principal of the loan by the term's interest rate.
Although some mortgages employ this calculation approach, this kind of interest typically relates to auto loans or short-term loans. To calculate simple interest, multiply the loan principal by the interest rate, then by the loan's period.
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What are the pros and cons of a free enterprise system?
Free enterprise works by allowing people to do what they make stylishly and trade for the rest. Competition is a driving force of free enterprise, performing with lesser effectiveness and lower prices for the consumer.
Countries embracing free request principles profit from an advanced standard of living. Uneven profitable growth occasionally, growth is fast, and other times it's slow. Growing gaps between rich and poor rich feel like getting richer, and the poor feel like getting poorer. Large “force-side” tendencies enterprises will combine and reduce competition.
It has to break a specific problem the business has. One of the major benefits of free enterprise operations is that it improves the company's overall effectiveness. Thanks to a better information workflow, simpler IT structure, process robotization, data storehouse, and standardization.
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What are the 6 economic social goals?
The six economic and social goals are economic growth, full employment, price stability, equitable distribution of income, the balance of payments equilibrium, and economic stability.
1. Economic growth: This is the goal of increasing a nation's production of goods and services over time. This is usually achieved through the use of fiscal and monetary policies, such as lowering taxes, increasing government spending, and manipulating interest rates.
2. Full employment: This is the goal of having everyone who is willing and able to work employed. This can be achieved through the use of fiscal and monetary policies, such as increasing government spending and reducing taxes.
3. Price stability: This is the goal of ensuring that prices remain stable over time. This is usually achieved through the use of monetary policy, such as manipulating interest rates and increasing the money supply.
4. Equitable distribution of income: This is the goal of ensuring that income is distributed in an equitable manner. This can be achieved through the use of fiscal policy, such as increasing taxes on the wealthy and providing social welfare programs.
5. Balance of payments equilibrium: This is the goal of achieving a balance of payments between a country and its trading partners. This can be achieved through the use of both fiscal.
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Why is it important for consumers to compare?
Consumers compare brands, products, and product classes to allocate their budgets. They compare particulars on price and the mileage they anticipate to decide from the particulars' features.
It's especially salutary when buying precious particulars, particulars you buy frequently, or particulars where the product quality or price varies greatly. Through announcements, registers, and online quests, comparison shopping is easy and can save you, plutocrats.
Consumers compare brands for shopping is the only way to familiarize themselves with the stylish available interest rates, know how important analogous homes and buses are dealing for and ensure they pay as little as possible on your big expenditure.
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Which events occurred in Florida before the stock market crash and helped bring about the Great Depression
Hurricanes often hit the United States between 1926 and 1928. Floridans had therefore started to experience difficulty prior to the stock market crash, which sparked the Great Depression in 1929.
A stock market, also known as an equity market or share market, is the collection of individuals who buy and sell stocks, also known as shares, which represent ownership stakes in corporations. These securities may be listed on a public stock exchange or only traded privately, such as shares of private corporations that are offered to investors through equity crowdfunding platforms. An investing plan is often included when making an investment. The buying and selling of shares, bonds, and other securities takes place on a stock exchange. Stocks from several big businesses are traded on a stock market. This increases the stock's liquidity and, as a result, its allure to many investors. Additionally, the exchange could guarantee settlement.
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Economic value added is also referred to as ______. Multiple choice question. Opportunity cost of capital residual income net income rate of return
Economic value added is also referred to as net income. Net income is also called as the net earnings, which is sales minus cost of goods sold.
The Economic value added, which is also referred to as the economic profit or EVA is considered to be the value a business tends to generate from its invested capital. So, the economic value added is considered to be an estimate of a firm's economic profit.
However, here the value is said to be created in excess of the required return of the company's shareholders. So, the EVA is considered to be the net profit less the capital charge in order to raise the firm's capital.
Hence, Economic value added is also referred to as net income.
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Conducting business with ______ helps forge character and maximize competencies. Multiple choice question. co-worker distrust regard for profit good publicity complete honesty
Conducting business with complete honesty helps forge character and maximize competencies.
Business ethics is the study of appropriate corporate behavior when it comes to potentially contentious issues like corporate governance, insider trading, bribery, discrimination, corporate social responsibility, fiduciary duties, and much more. Business ethics occasionally serve as a fundamental rule that businesses can follow to win the public's approval, but the law frequently serves as the standard.
For a number of reasons, good business ethics are necessary for success in the modern marketplace. Most importantly, clearly defined ethics programs create a code of conduct that influences behavior among employees, from CEOs to middle management to the newest and youngest workers. The business develops a reputation for ethical behavior when all of its personnel act ethically.
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The contribution uton margin per unit expressed as a percentage of the product's selling price is th A. Volume variance B. Margin of safety.
C. Contribution margin ratio. D. Break-even point. E. Rate of return on sales.
The contribution margin ratio is the contribution uton margin per unit represented as a proportion of the product's selling price.
Providing something as a part or share, such as through a donation or the provision of something (such money or time). Money is being gathered to support the scholarship fund. By contributing (anything, including cash, goods, or time) — generally + to or toward — someone, a group, a cause, or an organization, you can show your support. Contribution is the difference between revenue and variable production costs. Formulae: Contribution is equal to total income minus all variable costs. Contribution per unit is equal to the selling price per unit less variable costs per unit. The volunteers helped clean up the city during their free time. Everyone's support would be greatly appreciated as we work to raise funds for a new school. He didn't contribute anything to the project.
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Carlos took seven years to pay off his loan by making identical quarterly payments. the loan had a principal of $22,375 and 5.49% interest, compounded quarterly. carlos paid a total of $28,821.67. how much did carlos pay in service charges? round all dollar values to the nearest cent.
a. $1,721.31
b. $4,725.36
c. $1,670.98
d. $6,446.67
please select the best answer from the choices provided a b c d
The correct response is a. $1,721.31. Carlos pay in service charges $1,721.31.
A service charge is a cost incurred to cover extra services obtained in addition to the main good or service acquired. The fee is typically imposed after the transaction is finished. Restaurants, banking, travel, and tourism are just a few of the industries that charge service fees. Tenants pay service charges to cover the cost of community or shared services provided to a building and, if relevant, the surrounding estate. In your leasing agreement, it is specified how charges are computed and what they cover. If a payment is explicitly presented to the customer as a totally discretionary contribution, HMRC will accept that it is a voluntary service charge. The material that the customer sees should reflect this and be in line with the guidance provided to clients by staff members.
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What three questions must a society answer when it is trying to determine what type of economic system it wants?
In order to address the three fundamental economic problems of what, how, and for whom to create, every society, independent of its political form, must develop an economic system.
The social science of economics deals with the creation, exchange, and consumption of products and services. Economics is the study of how economies work as well as the behavior and interactions of economic actors. The study of microeconomics focuses on what are thought to be the fundamental components of the economy, such as the interactions that result from market and agent activity. Individual agents can represent a variety of clients, including homes, companies, buyers, and sellers. The study of the economy as a coexisting system of production, consumption, saving, and investment is known as macroeconomics. Additionally, it looks at the elements that have an impact on this system, including the use of labor, capital, and natural resources, currency inflation, economic expansion, and public policies .
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2. Within the range of market demand, which of the following is consistent with the condition of a natural monopoly
A natural monopoly is a market structure in which a single firm is the sole producer of a good or service for which no close substitutes exist. This is usually due to the large amount of capital required to produce the good or service, or because the cost of production declines as the firm increases its output.
In these cases, a single firm is able to produce the good or service at a lower price than if there were multiple firms competing in the market. This can create a situation in which the firm can charge a price that is higher than the competitive price because they have little to no competition. Additionally, the cost of entry into the market is often prohibitively high, which further reduces the number of firms that can compete in the market.
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Define and differentiate the various functional areas, departments, or business units of your chosen company.
Five Guys operates in the fast food industry and like most fast food chains they have several functional areas or departments that work together to keep the business running smoothly. These include Operations, Marketing, Finance, Human Resources, Supply Chain, and IT
Operations: This department is responsible for overseeing the restaurant's day-to-day operations, including food preparation, customer service, and inventory management. increase. Create advertising campaigns, manage social media accounts, and create promotional materials.
Finance: This department is responsible for managing the financial aspects of the business, including budgeting, forecasting, and financial reporting.
Human Resources Department: This department is responsible for managing our employees, including recruitment, recruitment, training, and benefits administration.
Supply Chain: This division is responsible for the procurement of restaurant ingredients, equipment, and other supplies, as well as managing logistics and distribution.
IT: This department is responsible for maintaining and updating the company's computer systems, networks, and software applications.
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The pursuit through government of a "transfer of wealth" at someone else's expense refers to:
A)logrolling.
B)the paradox of voting.
C)rent-seeking behavior.
D)the median-voter model.
The pursuit of a "transfer of wealth" at the expense of others through government is referred to as logrolling.
Give an example of Logrolling.Senator A agrees to support Senator K's state project in exchange for Senator K supporting Senator A's state project. This is an example of logrolling with a group of answer choices. The model of the median voter. Voting creates a paradox. The principal-agent dilemma.?
Logrolling simply refers to the specific exchange of favors. It is the practice of exchanging help, which is acceptable in politics when each other's proposed legislation is approved.Logrolling occurs when Senator A agrees to vote for Senator K's state project in exchange for Senator K voting for Senator A's state project.To know more about logrolling visit:
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compare the following to dtermine which is not a way that companies can reduce the risk of new product failures
Companies can save money by including customers in the product development process early on and getting their buy-in commitment. Alternatives exist. Some corporations are asking for new product ideas from customers and pursuing the most popular ones.
Companies aim to create what clients want, when they want it, without overstocking. Given customers' rapidly changing preferences, variety of needs, and micro-segmentation of numerous product categories, manufacturing nirvana is becoming harder to achieve. Many consumer goods companies must now serve niche markets to thrive and avoid price competition.
Forecasting new product specifications and sales volumes are growing harder. New goods generally fail at 50% or more, according to recent studies1. Misunderstanding client needs is to blame. Thus, many new goods fail due to market failure, not technological issues. Thus, studies have indicated that timely and trustworthy client preferences and requirements are the most crucial information for product creation. 2 Many firms have invested heavily in traditional market research to gather such data, albeit often unsuccessfully.
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The right way of asking this question is:
Compare the following to determine which is NOT a way that companies can reduce the risk of new product failures.
A. carefully listen to the customer for new product ideas
B. understand current market trends to anticipate demand
C. be willing to fail on occasion
D. anticipate changes in the marketplace
E. skip steps in the development process to market a product sooner
Calculate the Percent (%) of Earth's gravitational force on the ISS astronauts while orbiting at an altitude of 367.5 km above Earth's surface.
The gravitational force at an altitude of 367.5 km above Earth's surface is approximately 90% of Earth's gravitational force at the surface. The gravitational force of Earth on the ISS astronauts can be calculated using Newton's Law of Universal Gravitation:
F = G * (M1 * M2) / (d^2)
Where F is the gravitational force, G is the gravitational constant (6.67 x 10^-11), M1 and M2 are the masses of the two objects, and d is the distance between the two objects.
For the ISS astronauts orbiting at an altitude of 367.5 km above Earth's surface, the distance d between the astronauts and Earth is equal to the radius of Earth (6371 km) + 367.5 km = 6738.5 km.
Therefore, the gravitational force of Earth on the ISS astronauts can be calculated as:
F = 6.67 x 10^-11 * (5.972 x 10^24 kg)^2 / (6738.5 km)^2
F = 9.79 N
The gravitational force of Earth on the ISS astronauts is 9.79 N. The gravitational force of Earth on a person standing on the surface of the Earth is 9.81 N.
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Which of the following headlines deal with what, how, and for whom questions? A. Coach earns more than Prof!
B. Smoking is on the decline C. Health food craze takes off A. Statement A deals with how, B deals with what, and C deals with what B. Statement A deals with for whom, B deals with what, and C deals with how. c. Statement A deals with what, B deals with how, and C deals with how. D. Statement A deals with how, B deals with what, and C deals with for whom. E. Statement A deals with for whom, B deals with what, and C deals with what.
For a Coach earns more than Prof! headlines deal with Statement A deals with for whom, B deals with what, and C deals with what.so correct option is E.
Coach: Still a luxury company?Even though Coach's items are of good quality, they lack the luxury of brands like Louis Vuitton or Hermes. Coach fits comfortably in the middle of the range when comparing prices. Despite being more expensive than genuine luxury labels, it is still more inexpensive than Michael Kors or Kate Spade New York. Bags designed particularly for the outlet stores (of inferior quality) and Coach store overflow are two different types of merchandise available at Coach Factory Outlets. At Coach Factory Outlets, made-for-outlet bags make up about 90% of the inventory, meaning they are of poorer quality but are also less expensive.
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true or false : when you query a database, there is a defined order in which the results are displayed.
It's true that when you query a database, the order in which the results are displayed is fixed.
ORDER BY statement in SQL is used to sort retrieved data in ascending or descending order by one or more columns. By default, ORDER BY sorts data in ascending order. You can use the DESC keyword to sort the data in descending order and the ASC keyword to sort in ascending order.
You can use the ASC and DESC keywords to sort in ascending or descending order respectively. To sort by multiple columns, separate the column names with the (,) operator. You can tell the system to sort the data in a particular order by adding an ORDER BY clause to your SELECT statement. The ORDER BY clause is a list of column names from remote or local tables or views. You can define a sequence of columns in the select statement's column list. Sometimes it is necessary to sort the result set based on specific column values, conditions, etc. You can use the ORDER BY clause in your select statement to sort the results in ascending or descending order.
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If gross income on a property is $84,000, net income is $40,000 and the cap rate is 7%, the value of the property using the income capitalization method is
Using the income capitalization technique, the property is worth $571,428.57.
How do you calculate the value of a property using the Income Capitalization Method?The Income Capitalization Method is a commonly used method to estimate the value of a property using the net income generated by the property and the capitalization rate (cap rate).
The formula to calculate the value of a property using the Income Capitalization Method is:
Property value = Net income / Cap rate
In this case, the net income is $40,000 and the cap rate is 7%. So, the calculation is:
Property value = $40,000 / 0.07
= $571,428.57
So the value of the property using the income capitalization method is $571,428.57
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George will deposit $2,000 in a savings account at the beginning of each year for 8 years. Assuming the interest rate is 5%, how much money will George have in the acc
George will have $20,053 in the account at the end of year 8 if he deposits $2,000 in a savings account at the beginning of each year for 8 years with 5% as the interest rate.
Give a brief account on savings account.At a retail bank, a savings account is a checking account. Common characteristics include a cap on withdrawals, a lack of check and connected debit card facilities, a lack of transfer alternatives, and a prohibition on going overdrawn. Bank statements were not supplied for savings account activities in the past, which were typically kept in a passbook and sometimes referred to as passbook savings accounts. Nowadays, these transactions are typically kept electronically and are available online. For a variety of reasons, including a secure location to keep their cash, people deposit money into savings accounts. Interest is typically paid on savings accounts as well, and practically all of them build up compound interest over time.
To solve the question :
Money in account at the end of year 8 :
= (Deposited amount × FVAD)
= $2,000 x 10.0266 (factor at 5% for 8 periods)
(FVAD = the future value of annuity due)
= $20,053
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The complete question is mentioned below :
George will deposit $2,000 in a savings account at the beginning of each year for 8 years. Assuming the interest rate is 5%, how much money will George have in the account at the end of year 8? Round your answer to the nearest dollar.
Please decide which career field each of the following career clusters fit into. If they fit into more than one, list all possibilities.
District attorney, paralegal, police officer, corrections officer, parole officer
Farmer, geologist, food science expert, chef, botanist specializing in genetically modified crop seeds
Car salesman, social media manager, convenience store manager, online customer service rep
CEO, human resources manager, personal assistant
Front desk manager, housekeeping, travel agent, tour bus operator, amusement park ticket reservations agent
Answer:
District attorney, paralegal, police officer, corrections officer, parole officer - Law and Public Safety
Farmer, geologist, food science expert, chef, botanist specializing in genetically modified crop seeds - Agriculture, Food, and Natural Resources
Car salesman, social media manager, convenience store manager, online customer service rep - Marketing, Sales, and Service
CEO, human resources manager, personal assistant - Business Management and Administration
Front desk manager, housekeeping, travel agent, tour bus operator, amusement park ticket reservations agent - Hospitality and Tourism
________ synergies often come at the expense of product synergies because a single customer segment will likely require a variety of products, each of which will have to be designed and manufactured.
The correct answer is Marketing synergies often come at the expense of product synergies because a single customer segment will likely require a variety of products, each of which will have to be designed and manufactured.
Because a single consumer group will probably require a number of items, each of which will need to be created and made, marketing synergies frequently come at the price of product synergies. The business spends less on marketing and more on manufacturing. The division of customers into categories according to their demographic traits is known as demographic segmentation. Age, gender, income, education, religion, nationality, and other factors are included in this. Tennis shoes, running shoes, walking shoes, and Weeboks are all produced by Reebok.
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the sale of land held for investment results in the following type of gain or loss?
the sale of land held for investment results in the following type of gain or loss A. Capital
Money spent on assets with the hope that their value would rise over time is known as an investment. To invest, a current resource must be sacrificed, be it time, money, or effort.Making money from the asset that is being used is the aim of investing in the financial world. The return may also contain an unrealized capital gain (or loss), investment income such as dividends, interest, or rental income, a combination of capital gain and income, and a gain (profit) or loss realized on the sale of a home or investment. The return could potentially include foreign exchange profits or losses as a result of shifting exchange rates.Investors assert that more risky investments frequently produce larger profits. a sound fiscal
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The complete question is here:
The sale of machinery at a loss that was used in a trade or business and held for more than one year
results in the following type of loss?
A. Capital.
B. §291.
C. §1231.
D. §1245.
E. None of these.
A Mercedes-Benz priced the same as a Ford Focus might not sell as well because of:
a. history of performance of similar Mercedes products
b. overall company reputation
c. psychological factors
Consider a project that costs $250 now and is expected to generate $98 in net revenues at the end of each of the next three years. If the MARR is 5%, the future worth of this project is __________. A. $18.24 B. $19.54 C. $22.33 D. $18.29
(B.) $19.54, Consider a $250 project that will yield $98 in net revenues at the conclusion of each of the next three years. The future value of this project is $19.54 if the MARR is 5%.
Net revenue is the amount of money a business makes in a particular time after subtracting any discounts or concessions offered to customers. Particularly in the retail and wholesale industries, many companies provide discounts on purchases to entice clients to acquire their goods or services. The difference between a company's gross revenue and all of its costs, including fixed costs, is known as net revenue or net income. Because gross revenue only gives you a partial image of your company's total picture, it's critical to understand the differences between the two. Budgeting cannot be done with the gross sales of your business.
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