FILL THE BLANK. B2: COSTS and PROFITS with COBB-DOUGLAS.......... ts) (a) Suppose we have the following production function: Q=K¹/2L¹/2 Suppose K is fixed in the short-run at 16. Let r = $20 and w = $20. State the
Answers
Given Q = K^(1/2) L^(1/2)with K fixed at 16 in the short run, andr = $20, w = $20we are to state the values of cost and profit using the Cobb-Douglas function.
Costs and Profits with Cobb-Douglas function Total cost of production, TC = wL + rKwhere L represents the quantity of labor, r is the cost of capital (or the interest rate), and w is the cost of labor.Using K = 16, and r = $20 and w = $20, we get:TC = wL + rK = 20L + 20(16) = 20L + 320.
Further, the total profit of production is calculated as:Π = PQ - TC where Π is the total profit, P is the price of the output, and Q is the quantity of output. Since we do not have information on P and Q, we can't calculate the total profit from the production of the firm.The cost of production is $20L + $320 when r = $20, w = $20.
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Related Questions
1. What are the requirements/procedures (include JEs) for month-end closing forA/P? (please list few accounts and proper debit and credit journal entries) [Show JEs to get full credit]
2. What are some best practices for A/P?
Answers
Analyze aging reports and take action on overdue balances to optimize cash flow. Implement internal controls and segregation of duties to prevent fraud and errors.
How to calculate journal entries?1. The requirements and procedures for month-end closing for Accounts Payable (A/P) include the following steps and Journal Entries (JEs):
Step 1: Record purchase invoices and expenses:
Debit: Expenses or Inventory (depending on the nature of the purchase)
Credit: Accounts Payable
Step 2: Record payments made to suppliers:
Debit: Accounts Payable
Credit: Cash or Bank
Step 3: Record accruals for any unpaid expenses:
Debit: Expenses
Credit: Accrued Expenses
Step 4: Reconcile vendor statements and A/P sub-ledger with the general ledger.
Step 5: Review aging reports and analyze outstanding balances.
Step 6: Prepare an A/P summary report and verify accuracy.
2. Some best practices for Accounts Payable (A/P) include:
a) Automate invoice processing to reduce manual errors and increase efficiency.
b) Implement a centralized A/P system for better control and management.
c) Set up a clear approval process and maintain proper documentation for all transactions.
d) Regularly review and reconcile vendor statements to ensure accuracy.
e) Maintain a good relationship with suppliers by making timely payments and addressing discrepancies promptly.
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1) what is the Ticker symbol for each company?
2) If you bought $10,000 of each how many shares would have of each stock?
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Internet privacy has become a major issue. In fact, in Europe there are privacy laws to limit how much information websites can collect from users without their permission. The United States does not have comparable laws to protect consumer privacy on the Internet. Collecting this information is beneficial for firms because then they can tailor marketing messages that better fit its users' needs. These better marketing campaigns can provide them with a competitive advantage. Acme Corporation uses cookies and other devices to collect information. Its privacy policy explicitly informs users that it collects information. However, most people do not read through the policy. Lately, some consumers have complained because they are worried that their information could be compromised. They question the security of the site. Acme wants to restore confidence and prove that it has controls in place. Refer to Scenario 3.2. What type of environmental force does this issue involve?
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a. Greyhound bus system
What should he do to get to the appropriate cell?
Answers
Answer:
which appropriate cell , the question is not clear
A. Press the tab key
got it correct on edge :)
he complete income statement is separated into the following sections: multiple select question. discontinued segments discontinued operations continuing operations earnings per share
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The complete income statement is a financial statement that provides a summary of a company's revenues, expenses, and profits over a specified period. It is divided into several sections, including discontinued segments, discontinued operations, continuing operations, and earnings per share.
Discontinued segments refer to any part of a company's business that has been or is being discontinued. This may include the sale of a subsidiary, the closure of a department, or the discontinuation of a particular product line.
Discontinued operations, on the other hand, refer to any part of a company's business that has been sold, closed, or abandoned. This section of the income statement reports the net income or loss from these discontinued operations.
Continuing operations refer to any part of a company's business that is ongoing. This section of the income statement reports the revenues and expenses related to the company's ongoing operations.
Finally, earnings per share (EPS) is a metric that shows how much profit a company has generated per share of its common stock. EPS is calculated by dividing a company's net income by the number of shares outstanding.
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An income statement, a crucial financial document in business, includes sections for discontinued operations, continuing operations, and earnings per share. Each section plays a vital role in representing a company's current financial status and predicting its future profitability.
Explanation:An income statement is a financial document used in business that displays a company's profitability over a specific period of time. It is segmented into a few sections, including discontinued operations, continuing operations, and earnings per share. An income statement may or may not include a section for discontinued segments, depending on whether the business has phased out any of its operations during the period being reported.
Discontinued operations are parts of a company's business that it has decided to stop as a strategic decision. These are operations that the company does not expect to continue in the foreseeable future. This information is separated on the income statement because it is not indicative of the company's ongoing profitability.
Continuing operations includes the revenues, expenses, and profit or losses that are likely to continue in future periods. This component of the income statement is helpful to stakeholders because it aids in predicting the company's future financial performance.
Earnings per share (EPS) is a section of the income statement that shows the portion of a company's profit allocated to each outstanding share of common stock. EPS is an important measure of a company's profitability and is often used by investors to compare financial performance between companies.
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In the Shifty Industries case, the primary ethical issue can be stated as:
a.Whether an accountant should claim a higher section 179 deduction ($100,000) than allowed by law.
b. Whether an accountant should claim any section 179 deduction or not.
c .Whether an accountant should claim inflated expenses on the company tax return.
d. Whether an accountant should claim a section 179 deduction ($25,000) as allowed by law.
Answers
The best option is option A. In the Shifty Industries case, the primary ethical issue revolves around the decision of whether an accountant should claim a Section 179 deduction, which allows for a $25,000 deduction as permitted by law. This ethical issue stems from the potential conflict between the accountant's professional responsibility to uphold the law and their duty to act in the best interest of their client, Shifty Industries.
The Section 179 deduction enables businesses to deduct the full purchase price of qualifying assets in the year they are placed in service, rather than depreciating them over several years. In this case, claiming the deduction could provide immediate tax savings for Shifty Industries. However, the accountant must consider if it is appropriate and ethically sound to claim this deduction given the specific circumstances of the company. To resolve this ethical dilemma, the accountant should first evaluate the financial condition and business practices of Shifty Industries. They should ensure that the company meets all eligibility requirements for the Section 179 deduction and that claiming it aligns with the company's long-term financial goals. Additionally, the accountant should consider the potential consequences of claiming the deduction, such as any potential legal or financial ramifications. By thoroughly assessing the situation, the accountant can make an informed and ethically responsible decision regarding whether to claim the Section 179 deduction for Shifty Industries. This approach ensures that the accountant maintains their professional integrity while also acting in the best interest of their client.
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If a country wants to decrease its national debt as quickly as possible, what
kind of budget will it most likely create?
A. One that decreases taxes and decreases spending
B. One that decreases taxes and increases spending
C. One that increases taxes and decreases spending
D. One that increases taxes and increases spending
Answers
Most definitely and without a doubt C
If a country wants to decrease its national debt, one that increases taxes and decreases spending.
What is the national debt?The national debt is the debt of the country.
It is the money the country borrowed from the World Bank.
Manipulation in the interest rates and lower interest rates helps in lowering the national debt.
Thus, the correct option is C. One that increases taxes and decreases spending
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Which of the following is NOT a type of account offered by commercial banks to the public?
(A) Trade account
(B) Savings account
(C) Current account
(D) Fixed deposit account
Answers
Trade accounts are NOT a category of accounts that commercial banks provide to the general public.
Which of the following is NOT a type of account offered by commercial banks to the public?Trade accounts are frequently made available by suppliers to their clients, enabling them to order goods and solutions on credit and pay for them later. These accounts have no connection to services offered by commercial banks, such as savings, credit, and time deposits accounts. However, commercial banks also provide the general public with additional sorts of accounts, including bank deposits, bank deposits, and fixed deposit accounts. Savings accounts let users put money in and take it out while collecting interest; credit lines are used for day-to-day transactions; and fixed deposit accounts, which provide higher interest rates but call for locking in the money for a set time period.
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contents of the procurement management plan vary with project needs.
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The procurement management plan is a document that outlines how procurement activities will be managed throughout a project. It includes various components such as procurement objectives, procurement strategy, procurement methods, procurement schedule, supplier selection criteria, contract management, risk management, budget and cost control, and communication plan.
The procurement management plan is a crucial document that guides the procurement activities throughout a project. It includes various components that can vary depending on the specific needs of the project. Let's explore some of the common elements found in a procurement management plan:
procurement objectives: This section defines the goals and objectives of the procurement process. It outlines what the project aims to achieve through procurement activities.procurement strategy: It outlines the approach to be taken for procuring goods and services. This includes deciding whether to use competitive bidding or negotiate directly with suppliers.procurement methods: This section describes the specific methods that will be used to procure goods and services. It may include requests for proposals (RFPs), requests for quotations (RFQs), or invitations to bid (ITBs).procurement schedule: It provides a timeline for when procurement activities will take place. This includes key milestones and deadlines to ensure timely procurement.supplier selection criteria: This section outlines the criteria that will be used to evaluate and select suppliers. Factors such as price, quality, and past performance may be considered.contract management: It details how contracts will be managed throughout the project. This includes monitoring supplier performance, resolving disputes, and ensuring compliance with contract terms.risk management: This section addresses potential risks associated with procurement activities. It outlines strategies for identifying, assessing, and mitigating those risks.budget and cost control: It includes information on how procurement costs will be estimated, monitored, and controlled throughout the project. This ensures that procurement activities stay within budget.communication plan: This section outlines how communication will be managed between the project team and suppliers. Regular meetings, progress reports, and issue resolution are some of the aspects covered.These are just some of the components that can be included in a procurement management plan. The specific contents will vary depending on the nature and complexity of the project.
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According to investment manager Adeel Qalbani, private equity firms are more beneficial to society than firms that buy or sell stock.
Identify the benefits that private equity firms provide to their clients.a. They invest in private companies.
b. They aim to improve the businesses with which they work.c. They are better regulated than traditional financial institutions.
d. They are funded through private money.
Answers
The benefits that private equity firms provide to their clients, according to the given statement, are:
a. They invest in private companies: Private equity firms invest in private companies that are not publicly traded. This allows the firms to have greater control over the management and operations of the company they invest in.
b. They aim to improve the businesses with which they work: Private equity firms typically aim to improve the performance and profitability of the companies they invest in. They do this by providing operational expertise, strategic guidance, and financial support.
c. They are better regulated than traditional financial institutions: Private equity firms are subject to certain regulations that help protect their investors and the companies they invest in. These regulations can vary by jurisdiction, but they typically require private equity firms to operate with transparency and to disclose certain information to their investors.
d. They are funded through private money: Private equity firms are typically funded through private money from wealthy individuals, institutional investors, and pension funds. This allows them to invest in companies for the long term without the pressure to deliver short-term results that publicly traded companies may face.
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A loan has an APR of 20%. The loan is for $2,000 with an interest rate of 14% for 1 year. What are the non-interest fees on the loan?
Answers
So according to the question the interest fee on the loan is $280.
Why are interest fee charged?Simply explained, interest is the cost of borrowing money, whether it be through a credit card, mortgage, or school loan. When you keep borrowing, you often have to pay it back plus interest, which is typically a specified percentage of both the loan amount. You can avoid paying interest if you pay the entire amount. Try to make a lower payment if you are unable to pay off your statement balance in full.
P = $2000
r= 14%
t= 1 yr
interst = P r t/100
=( 2000×14×1) /100
= $280
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Gutierrez Company reported net income of $192,700 for 2020. Gutierrez also reported depreciation expense of $47,200 and a loss of $6,100 on the disposal of plant assets. The comparative balance sheet shows a decrease in accounts receivable of $13,400 for the year, a $15,400 increase in accounts payable, and a $4,600 decrease in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2020. Use the indirect method.
Answers
The operating activities section of the statement of cash flows for 2020, using the indirect method, would show an operating cash flow of $270,200.
To prepare the operating activities section of the statement of cash flows using the indirect method, we need to adjust the net income for non-cash expenses and changes in working capital accounts. Here's the calculation:
Operating Activities:
Net Income: $192,700
Adjustments for non-cash expenses:
Depreciation Expense: $47,200
Loss on Disposal of Plant Assets: $6,100
Total Adjustments: ($47,200 + $6,100) = $53,300
Adjustments for changes in working capital accounts:
Decrease in Accounts Receivable: $13,400
Increase in Accounts Payable: $15,400
Decrease in Prepaid Expenses: $4,600
Total Adjustments: ($13,400 + $15,400 - $4,600) = $24,200
Operating Cash Flow before Changes in Current Assets and Liabilities: $192,700 + $53,300 = $246,000
Operating Cash Flow after Changes in Current Assets and Liabilities: $246,000 + $24,200 = $270,200
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the 1970's period of stagflation involved a. relatively high unemployment. b. relatively high inflation. c. relatively low economic growth. d. high economic expansion. e. a, b, and c.
Answers
The 1970s period of stagflation involved relatively high unemployment, high inflation, and relatively low economic growth, the correct option is e). a, b, and c.
Stagflation is an economic phenomenon characterized by a stagnant economy coupled with high inflation and unemployment. This unique situation occurred in the 1970s, primarily due to a combination of factors such as the oil price shocks, poor monetary policy, and structural issues in the economy.
High unemployment during this period was a result of the slow economic growth, as businesses faced reduced demand for goods and services, leading to job losses. The high inflation rate was caused by factors such as rising energy prices, which increased production costs for businesses and, in turn, raised the prices of goods and services. Moreover, the monetary policy of that time, focused on managing inflation, was not effective enough in curbing the rise in prices.
Low economic growth during the stagflation period was a consequence of the aforementioned factors, as well as structural issues in the economy, such as the decline in manufacturing and the transition to a service-based economy. This transition, along with other challenges, contributed to a sluggish economy that struggled to recover from the stagflation.
In conclusion, the 1970s stagflation involved high unemployment, high inflation, and low economic growth, posing a significant challenge for policymakers and leaving a lasting impact on economic theory and policy-making.
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Gus receives a paycheck at the end of every week. Which reinforcement schedule is this?.
Answers
The reinforcement schedule that is used when he receives a paycheck at the end of every week is known as a fixed interval schedule.
What is a fixed interval schedule?This schedule are those that occurs when the first response is rewarded only after a specified amount of time has elapsed.
As the weekly schedule is followed, then, the reinforcement schedule s known as a fixed interval schedule.
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when a corporation borrows money from lenders in exchange for a fixed share of the firm's assets and potential profits, the corporation is:
Answers
The corporation is engaging in equity financing.
Equity financing is when a corporation borrows money from lenders in exchange for a fixed share of the firm's assets and potential profits. In this situation, the lenders take on a riskier role than in debt financing, since they become part owners in the business, and receive the profits that come with ownership.
As a result, the lenders typically receive higher returns on their investment. Equity financing can be beneficial for both the corporation and the lender, as the lender receives more of the rewards and the corporation does not have to pay back the loan with interest.
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Complete question:
when a corporation borrows money from lenders in exchange for a fixed share of the firm's assets and potential profits, the corporation is engaging in:
The product life cycle refers to the stages a product moves through from the time it enters the market until the time
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It's the stage by which a product move through from the time it enters the market until the time it is cleared. My own definition states that it's the length of time by which a product is introduced to consumers in the market until it has been removed
How can companies balance the importance of maintaining Filipino values in their business practices with the need to remain competitive in the global market?
Answers
Answer: Through
Embed Filipino values in the company culture, Conduct market research, etc.
Explaneation: Balancing the importance of maintaining Filipino values in business practices with the need to remain competitive in the global market can be a challenge for companies. However, there are several strategies that companies can adopt to achieve this balance:
Embed Filipino values in the company culture: Companies can embed Filipino values such as respect for elders, integrity, and hard work in their organizational culture. This can be done by creating a code of conduct that incorporates these values, providing training and development programs that reinforce them, and recognizing employees who embody these values.
Conduct market research: Companies can conduct market research to understand the values and preferences of their target market. This can help them identify which Filipino values are important to their customers and how they can incorporate them into their products and services.
Embrace innovation: Companies can embrace innovation and new technologies to improve their competitiveness in the global market. However, they can also ensure that these innovations align with Filipino values, such as environmental sustainability and social responsibility.
Collaborate with local communities: Companies can collaborate with local communities to better understand Filipino values and customs. This can help them develop products and services that are culturally appropriate and resonate with local customers.
Practice corporate social responsibility: Companies can practice corporate social responsibility by giving back to the community and supporting social causes. This can help them build a positive reputation and foster goodwill among customers, while also demonstrating their commitment to Filipino values.
By adopting these strategies, companies can balance the importance of maintaining Filipino values in their business practices with the need to remain competitive in the global market
Economics!!
Which development would most likely reduce the standard of living in the
United States?
A. Wages increase for most American workers.
B. The U.S. government returns to the gold standard.
C. It becomes easier for U.S. citizens to get health care.
D. U.S. factories begin to
produce far fewer goods.
Answers
It's D. U.S. factories begin to
produce far fewer goods.
FILL IN THE BLANK. Electrical forces ____.
(static electricity)
a. can cause objects to only attract each other
b. can cause objects to only repel each other
c. can cause objects to attract or repel each other
d. have no effect on objects
Answers
Electrical forces can cause objects to attract or repel each other.
Option C is correct.
Electrical forces are one of the fundamental forces of nature that govern the behavior of electrically charged particles, such as protons and electrons. These forces arise due to the interaction between the electrically charged particles and are responsible for the attraction or repulsion of particles.
The strength of the electrical force is determined by the magnitude of the charge on the particles and the distance between them. Like charges (i.e., positive-positive or negative-negative) repel each other, while opposite charges (i.e., positive-negative) attract each other. The magnitude of the force decreases as the distance between the particles increases.
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What are three of the most common workplace accidents and two ways to prevent each of type of accident?
Answers
Answer:
1)slips,trips and falls
2)Fire and explosions
3)over exertion and muscle strains
Explanation:
To prevent slips and falls keep walking surfaces clean and free of clutter , cleaning all spills immediatelyTo prevent fire and explosions wear proper personal protective equipment and maintain chemical safety data sheets for all chemicalsTo prevent over exertion and muscle strains ensure employees are receiving frequent breaks and use safe lifting techniques:Most common workplace accidents
The 10 Most Common Workplace Accidents
Motor Vehicle Accidents. People who drive as part of their jobs are exposed to negligent drivers, inclement weather and faulty automotive equipment. ...
Slip and Falls. ...
Falls from Heights. ...
Electrocution. ...
Overexertion. ...
Struck by Objects. ...
Struck Against. ...
Entanglement.
Explanation:
give four reason as to why being an entrepreneur is beneficial than a doing a job
Answers
Answer:
Hope this helps!
4 reasons:
Explanation:
1) Being an entrepreneur is beneficial because it helps you get to know yourself better. You get to be your own boss.
2) Entrepreneurs get to make their own schedule. You can work for flexible hours.
3) You get to be more independent. Taking entrepreneurship will grant you freedom.
4) Choosing to be an entrepreneur is a big risk. This means your taking a challenge in your life. You'll make yourself stronger!
The best part though? It is a big satisfaction when you succeed, yeah and you'll definitely be proud of yourself.
Will cash bonuses speed the return to work of unemployed people? A state department of employment security notes that last year 68% of people who filed claims for unemployment insurance found a new job within 15 weeks. As an experiment, the state offers $500 to people filing unemployment claims if they find a job within 15 weeks. The percent who do so increases to 77%.
Answers
Answer:
Apparently handing out a cash incentive for getting a job when you are unemployed really works. A 9% increase in the number of unemployed people getting a new job is significant.
But this hypothesis has a flaw. Is there any way that you can tell if people quit on purpose just to be able to file for unemployment and get the cash bonus? Unemployment benefits vary a lot depending on the state, but the national average is $378 per week. If you multiply that by 4¹/₂ weeks per month = $1,701 (roughly). It is not a fortune, but its not that bad either.
If we add the extra $500 cash bonus to the total unemployment benefits, in 15 weeks a person could earn $500 + (15 x $378) = $6,170 for not working.
It doesn't make sense for someone earning a high salary to quit just to get unemployment benefits, but being unemployed pays you $6,170 / (15 x 40 hours) = $10.28 per hour and that is more than the minimum wage.
How long does it take for the irs to accept your taxes?.
Answers
The time it takes for the IRS to accept your taxes can vary depending on several factors. The most important factor is the method you use to file your taxes. If you file your taxes electronically, the IRS can generally process and accept your return within 24 hours of submission. This is because electronic filing is faster and more efficient than paper filing.
However, if you file your taxes by mail, it can take significantly longer for the IRS to accept your return. In this case, the processing time can be anywhere from 4-6 weeks. This is because paper returns require manual processing, which takes more time than electronic processing. It's important to note that even if you file your taxes electronically, the IRS may still need to review your return before accepting it. This review process can take several days to a few weeks, depending on the complexity of your return and the workload of the IRS.
In summary, if you file your taxes electronically, you can generally expect the IRS to accept your return within 24 hours of submission. If you file by mail, it can take 4-6 weeks for the IRS to accept your return. However, regardless of how you file, the IRS may still need to review your return before accepting it, which can take several days to a few weeks.
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At the end of the current year, a company overstated prepaid insurance by $74,000 and understated supplies expense by $114,000. Its effective tax rate is 35%. As a result of this error, net income is:
Answers
As a result of the company's overstatement of prepaid insurance and understatement of supplies expense, its net income is affected. The net income is reduced by $40,500 (35% of the understated supplies expense of $114,000).
The overstatement of prepaid insurance by $74,000 means that the company recorded an excess amount for insurance coverage that it had not yet utilized. This overstatement of prepaid insurance inflates the assets and net income of the company. However, since prepaid insurance is a balance sheet item and not an expense, it does not directly impact the calculation of net income.
On the other hand, the understatement of supplies expense by $114,000 implies that the company failed to recognize the full cost of supplies consumed during the year. This understatement leads to an understatement of expenses, thereby inflating the net income.
To calculate the impact on net income, we need to consider the company's effective tax rate of 35%. The understated supplies expense of $114,000 reduces the company's taxable income by this amount. Applying the tax rate of 35% to the understated supplies expense results in a reduction in net income by $40,500 (35% of $114,000).
Therefore, as a result of these errors, the net income of the company is reduced by $40,500.
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A tract of land is expected to net $45 per acre from now into the foreseeable future. Assume that your opportunity cost is 6% or 0.06 and that your cost of borrowed funds is 5% or 0.05. You are required to repay any borrowed funds over a 30 year period with 30 equal annual payments. Assume that you have $250,000 to invest in land.
Determine:
• The maximal price you could pay for the land and still generate a rate of return equal to your opportunity cost.
• The minimal per–acre down payment required if the investment is to "cash flow" in the first year.
• The maximal number of acres you can purchase and meet the lender's "cash-flow" requirements.
Answers
To determine the maximal price you could pay for the land and generate a rate of return equal to your opportunity cost, we need to calculate the Present Value (PV) of the expected net income.
The annual net income per acre is $45, and assuming it remains constant into the foreseeable future, we can use a perpetuity formula:PV = Annual Net Income / Opportunity CostPV = $45 / 0.06 = $750 per acreTherefore, the maximal price you could pay for the land and still generate a rate of return equal to your opportunity cost is $750 per acre.To determine the minimal per-acre down payment required for the investment to "cash flow" in the first year, we need to calculate the annual payment for the borrowed funds. With a 30-year repayment period and 30 equal annual payments, the annual payment can be calculated using an annuity formula:Annual Payment = Borrowed Funds / Present Value of an Annuity FactorConsidering the cost of borrowed funds is 5%, the Present Value of aAnnuity Factor can be calculated as follows:
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The "second life cycle" of a recovered customer has the following advantages EXCEPT:
A.
the customer already knows about your product/service.
B.
the company is likely to have data about the customer's likes and dislikes.
C.
the customer may feel flattered by your efforts to win them back.
D.
the customer cannot be disappointed a second time.
Answers
The "second life cycle" of a recovered customer has several advantages, including the fact that the customer already knows about your product/service, the company is likely to have data about the customer's likes and dislikes, and the customer may feel flattered by your efforts to win them back. Therefore the correct option is A. The customer already knows about your product/service.
When a customer is considered to be in the "second life cycle," it means that they have previously used the product or service, left, and then returned as a customer again. The advantages of this second life cycle include the customer's prior knowledge of your product or service, which can lead to a shorter onboarding process and potentially lower marketing costs.
Additionally, the company is likely to have data about the customer's previous interactions and preferences, allowing for more personalized marketing efforts. Furthermore, the customer may feel flattered by the company's efforts to win them back, which can contribute to a positive re-engagement experience. However, it's important to note that customers can still be disappointed during the second life cycle if their expectations are not met or if their previous concerns have not been addressed.
Therefore, the statement that the customer cannot be disappointed a second time is incorrect, and option D is the correct answer as it does not reflect an advantage of the "second life cycle" of a recovered customer.
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What federal laws protects you if you have a complaint regarding consumer credit?
Answers
Answer: The Consumer Credit Protection Act (CCPA)
Explanation:
In 1968, The Consumer Credit Protection Act was enacted was enacted so that people would only received fair credit practices and also to protect the consumers from harm
According to the CCPA, the total cost that is involved with regards to a loan must be disclosed. Therefore, the federal laws that protects you if you have a complaint regarding consumer credit is The Consumer Credit Protection Act (CCPA).
A house is being appraised using the sales comparison approach. The house has four bedrooms, three bathrooms, and no pool. The appraiser selects a comparable house that has three bedrooms, three bathrooms, and a pool. The comparable house just sold for $280,000. A bedroom is valued at $18,000, and a pool at $15,000. Assuming all else is equal, what is the adjusted value of the comparable?
Answers
Answer:
$283,000
Explanation:
Calculation to determine the adjusted value of the comparable
Using this formula
Adjusted value of the comparable= Comparable houseValue +Bedroom value- Pool value
Let plug in the formula
Adjusted value of the comparable=$280,000+$18,000-$15,000
Adjusted value of the comparable=$283,000
Therefore the adjusted value of the comparable is $283,000
nflation during the 1970s was much higher than most people had expected when the decade began. how did this unexpectedly high inflation affect homeowners who obtained fixed rate mortagages during the 1960s? how did it affect the baks that lent the money
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The bankers that lend money in 1960s would suffer in terms of creditors due to the unexpected hike in inflation rate.
What is inflation rate?The rate of price growth over a specific time period is known as inflation. Inflation is typically measured in broad terms, such as the general rise in prices or the rise in the cost of living in a nation. However, it can also be calculated more precisely for some products, like food, or for services, like a haircut, for instance. Whatever the context, inflation measures how much more expensive the relevant set of goods and/or services have gotten over a specific time frame, most frequently a year.
Consumer price inflation, the most commonly used indicator of inflation, is the percentage change in the CPI over a given time period and represents the cost of this basket at a given time expressed relative to a base year.
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High-performance work practices include all of the following EXCEPT ________.
A.self-managed teams
B.flexible job assignments
C.extensive employee involvement
D.performance-based compensation
E.centralized decision making
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High-performance work practices include all of the following EXCEPT centralized decision making.
Centralization alludes to the cycle where exercises including arranging and decision-making inside an association are concentrated to a particular chief or area. In a centralized association, the decision-making powers are held in the administrative center, and any remaining workplaces get orders from the primary office. The executives and experts who settle on basic choices are situated in the administrative center.
Essentially, in a centralized government structure, the decision-making authority is gathered at the top, and any remaining lower levels follow the bearings coming from the highest point of the association structure.
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