A licensee who assists one or more parties through a transaction without being an agent for any party to the transaction is a Statutory broker.
What is a Statutory broker?A statutory broker refers to a broker or a salesperson that is able to assist the parties in a transaction even though they are not an agent for either of the parties in the transaction.
Statutory brokers have regulations that they must follow however and in certain states, they need to be residents of a state.
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What public works project was built to help with unemployment during the great depression?.
Answer: Im also taking this test and i believe the answer is Hoover Dam i might be wrong
Explanation: Hoover Dam
much to the chagrin of established firms, one clear supertrend is that products and services must get to market faster because
Much to the chagrin of established firms, one clear super trend is that products and services must get to market faster because "more competitors are offering targeted products."
This is because it has been observed that several start-ups firms offer similar products to what the established firms are had as a business idea. Not only that, but they also target the same group of consumers.
Therefore, to remain top of the game and beat the startups out of business, the established firms must ensure their business ideas are quickly turned into products or services and get to the market faster.
Otherwise, the startups will take over their business ideas and a huge part of their targeted consumers.
Hence, in this case, it is concluded that the established firms must be proactive if they want to remain above the rest of their competitors.
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which statement best sums up the use of project management software to conduct resource constrained smoothing?
Resource-constrained smoothing is a project management technique that involves adjusting the timing of activities within a project to accommodate resource limitations while minimizing project duration.
Project management software can be used to assist with this process by analyzing the impact of potential schedule changes on resource allocation and project duration. The best statement that summarizes the use of project management software to conduct resource-constrained smoothing is that it allows project managers to optimize resource utilization and minimize project duration while keeping resource allocation within acceptable limits. This helps ensure that projects are completed on time and within budget while maximizing resource efficiency.
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for business and personal finance: What is insurance?
Answer:
Insurance is the procedure by which persons or companies exposed to a specific risk agree with an institution specializing in compensation for damage that the institution will indemnify the damage caused when the risk materializes. The resulting contract is called insurance.
From a commercial point of view, insurance can be defined as the means by which the cost of incidental damage can be converted evenly into a continuous annual cost on an annual basis.
Ruth is taking ASVAB exam. Match each question with the correct section.
Arithmetic Reasoning
Electronics Information
General Science
Reset Next
Answer: See explanation
Explanation:
Here's the complete question:
Ruth is taking ASVAB exam. Match each question with the correct section
Arithmetic Reasoning
Electronics Information
General Science
Question
Section
How is an object's weight related to its
mass?
How many 44-passenger buses will it
take to carry 100 people?
What does a transformer do?
Arithmetic Reasoning - How many 44-passenger buses will it take to carry 100 people?
Electronics Information - What does a transformer do?
General Science - How is an object's weight related to its mass?
Answer:
Arithmetic Reasoning - How many 44-passenger buses will it take to carry 100 people?
Electronics Information - What does a transformer do?
General Science - How is an object's weight related to its mass?
Explanation:
Because i took the test and got it right : )
Can an offer can be assigned?
Answer:
yes
Explanation:
3. A fine-dining restaurant has been making every- thing from scratch for the five years it has been open; it is the only operation in the area known for scratch- cooking. The management hires a new chef who does a make–buy analysis only to discover that she can get much better pricing on many of her products if she buys them premade. After a tasting comparison, she discovers that the premade products are of high quality and taste only slightly different from her own. Should she switch to the premade products? Would your answer be different if this decision took place when the restaurant first opened?
Answer:
No
Explanation:
The premade products could have been contaminated with any type of disease because she doesn't know what went inside whereas making it from scratch means she is able to monitor and remove and contaminated product.
:)
why is foreign employment promotion board established
Answer:
Foreign employment promotion board (FEPB) provides welfare related activities to migrants and their families like; skill development, orientation, returnee and integration and compensation for injuries and deaths of migrants at their working place
Explanation:
Need all calculations, steps and explanations, no excel
solutions please
dellobj
3. Hubrey Home Inc. is considering a new three-year expansion project that requires an initial fixed asset investment of \( \$ 3.9 \) million. The fixed asset falls into Class 10 for tax purposes (CCA
The Operating Cash Flow for each year of the project is:
OCF1: $1,604,200
OCF2: $1,604,200
OCF3: $1,604,200
How did we arrive at these values?To calculate the Operating Cash Flow (OCF) for each year of the project, we need to consider the following components:
1. Calculate the depreciation expense for each year.
2. Determine the taxable income.
3. Calculate the tax liability.
4. Calculate the OCF by subtracting taxes from the taxable income and adding back depreciation.
Let's break down the calculations for each year:
Year 1:
Depreciation Expense = Initial Fixed Asset Investment × CCA Rate = $3,900,000 × 30% = $1,170,000
Taxable Income = Sales - Costs - Depreciation Expense = $2,690,000 - $852,000 - $1,170,000 = $668,000
Tax Liability = Taxable Income × Tax Rate = $668,000 × 35% = $233,800
OCF1 = Taxable Income - Tax Liability + Depreciation Expense = $668,000 - $233,800 + $1,170,000 = $1,604,200
Year 2:
Depreciation Expense = Initial Fixed Asset Investment × CCA Rate = $3,900,000 × 30% = $1,170,000
Taxable Income = Sales - Costs - Depreciation Expense = $2,690,000 - $852,000 - $1,170,000 = $668,000
Tax Liability = Taxable Income × Tax Rate = $668,000 × 35% = $233,800
OCF2 = Taxable Income - Tax Liability + Depreciation Expense = $668,000 - $233,800 + $1,170,000 = $1,604,200
Year 3:
Depreciation Expense = Initial Fixed Asset Investment × CCA Rate = $3,900,000 × 30% = $1,170,000
Taxable Income = Sales - Costs - Depreciation Expense = $2,690,000 - $852,000 - $1,170,000 = $668,000
Tax Liability = Taxable Income × Tax Rate = $668,000 * 35% = $233,800
OCF3 = Taxable Income - Tax Liability + Depreciation Expense = $668,000 - $233,800 + $1,170,000 = $1,604,200
Therefore, the OCF for each year of the project is:
OCF1: $1,604,200
OCF2: $1,604,200
OCF3: $1,604,200
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The complete question goes thus:
Hubrey Home Inc. is considering a new three-year expansion project that requires an initial fixed asset investment of $3.9 million. The fixed asset falls into Class 10 for tax purposes (CCA rate of 30% per year), and at the end of the three years can be sold for a salvage value equal to its UCC. The project is estimated to generate $2,690,000 in annual sales, with costs of $852,000. If the tax rate is 35%, what is the OCF for each year of this project? (Enter the answers in dollars. Do not round your intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.) OCF1 OCF2 OCF3 $ $
For both managers and external finaical analysts, _________ is the single most important accounting number found ont he income statment
For both managers and external finaical analysts, net income (net profit after tax) is the single most important accounting number found on the income statement.
For the vast majority of users, the income statement —which shows a company's capacity for making a profit—is the most crucial financial statement. A decent level of accuracy is also shown by the fact that the majority of the data on the income statement is presented in relatively current dollars. The income statement shows a reasonable level of accuracy because it is mainly in very recent dollars. However, it doesn't show how much in terms of assets and liabilities is necessary to make a profit, and its outcomes aren't always indicative of how much cash the company actually makes.
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Selected transactions for Sophie’s Dog Care are as follows during the month of March. March 1 Paid monthly rent of $1,460. 3 Performed services for $170 on account. 5 Performed services for cash of $90. 8 Purchased equipment for $730. The company paid cash of $100 and the balance was on account. 12 Received cash from customers billed on March 3. 14 Paid wages to employees of $640. 22 Paid utilities of $88. 24 Borrowed $1,830 from Grafton State Bank by signing a note. 27 Paid $270 to repair service for plumbing repairs. 28 Paid balance amount owed from equipment purchase on March 8. 30 Paid $2,200 for six months of insurance. Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
Answer:
March 1
Dr Rent expense $1460
Cr Cash $1460
March 3
Dr Accounts receivable $170
Cr Service revenue $170
March 5
Dr Cash $90
Cr Service revenue $90
March 8
Dr Equipment $730
Dr Cash $100
Cr Accounts payable (730-100) $630
March 12
Dr Cash $170
Accounts receivable $170
March 14
Dr Salaries and wages expense $640
Cr Cash $640
March 22
Dr Utilities expense $88
Cr Cash $88
March 24
Dr Cash $1830
Cr Notes payable $1830
March 27
Dr Maintenance and repairs expense $270
Cr Cash $270
March 28 Accounts payable $630
Cash $630
March 30
Dr Prepaid insurance $2200
Cr Cash $2200
Explanation:
Preparation of Journal entries
March 1
Dr Rent expense $1460
Cr Cash $1460
(To record rent expense paid)
March 3
Dr Accounts receivable $170
Cr Service revenue $170
(To record services performed on account)
March 5
Dr Cash $90
Cr Service revenue $90
(To record services performed for cash)
March 8
Dr Equipment $730
Dr Cash $100
Cr Accounts payable (730-100) $630
(To record equipment purchased)
March 12
Dr Cash $170
Accounts receivable $170
(To record cash received from customers)
March 14
Dr Salaries and wages expense $640
Cr Cash $640
(To record wages paid to employees)
March 22
Dr Utilities expense $88
Cr Cash $88
(To record utilities expense paid)
March 24
Dr Cash $1830
Cr Notes payable $1830
(To record cash borrowed by signing a note)
March 27
Dr Maintenance and repairs expense $270
Cr Cash $270
(To record cash paid for repairs)
March 28 Accounts payable $630
Cash $630
(730-100)
(To record cash paid to accounts payable)
March 30
Dr Prepaid insurance $2200
Cr Cash $2200
(To record prepaid insurance paid)
Allen Furniture Company is considering offering an inexpensive line of college dorm and apartment furnishings. If they move forward, they will renovate part of their store to accommodate this new stock. Before spending the money to redesign the store, they first want to find out customer interest. In a short response of approximately 100 words, describe some of the steps they should take as they consider this project.
Answer:
Allen Furniture Company should look into conducting a survey to gauge customer interest to find what they look for, need, and find attractive. They could do so by going to college campuses and conducting random interviews. For their apartment furnishings, they could look online to see what kind of product sell and do an analysis of customer interest that way and they could also conduct a survey for people that live in apartments. They could also look into a consultant that specializes in the field and is experienced with what customers like or want.
What are the three methods to account for depreciation?
What are the differences between the three methods?
In which cases would you use each method and why?
Answer in own words. Thank you!
The three methods to account for depreciation are the straight-line method, the declining balance method, and the units of production method.
1. The straight-line method evenly allocates the cost of an asset over its useful life.
2. The declining balance method applies a higher depreciation rate in the early years and decreases it over time.
3. The units of production method considers the asset's usage or production output to determine depreciation.
The differences lie in the allocation pattern and the timing of depreciation expenses.
The straight-line method provides a consistent annual depreciation expense, suitable for assets with a steady decline in value. The declining balance method accelerates depreciation, reflecting assets that are more productive in their early years. The units of production method is ideal for assets that wear out based on usage, as it matches the depreciation expense with the actual productivity.
Each method is used based on the nature of the asset and the company's needs. Straight-line is commonly used for buildings, declining balance for equipment, and units of production for assets like vehicles or machinery. The choice depends on factors like asset characteristics, expected usage, financial reporting requirements, and tax implications.
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llus Patrick is selling a new hair product. He hopes to sell 10 bottles a month if he spends a one-time $100 on advertising. He is selling each bottle for $12. The product costs him $5.00 to make per bottle. What would the planned profit be after one year of sales?
A. $600 B. $740 C. $1050
Answer:
B. $740
Explanation:
In the given scenario we will be analysing the cost of production versus the revenue earned by Patrick. The difference between the two will give our profit
Total number of bottles produced a year = 10 * 12 = 120 bottles
Cost of production = Advertising + manufacturing cost
Cost of production = 100 + (120 * 5) = $700
Revenue = 120 * 12 = $1,440
Profit = 1,440 - 700 = $740
According to the order of operations in solving equations, which step should come first?
The order of operations indicates a common set of rules for calculations. According to the order of operations, simplification of inner brackets and parentheses should come first if the equation contains symbolic groupings.
The order of operations is a rule that specifies the correct steps for evaluating mathematical expressions. PEMDAS helps you remember the order: parentheses, exponents, multiplication, and division (from left to right), addition, and subtraction (from left to right). Created by Sal Khan.
Explain to students that you have created a series of steps called an Operational Sequence. When simplifying, first do all bracket expressions, then all exponents, then all multiplications and divisions from left to right, and finally all additions and subtractions from left Run right.
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Knowing a venture's pre-money valuation is not possible.
a. True
b. False
False. Knowing a venture's pre-money valuation is possible. The pre-money valuation is the valuation of a company before it receives any investment funding.
It is determined by considering the company's assets, revenue, growth potential, and other factors. This valuation is important for investors to know because it helps them determine how much of the company they will own after investing.
By knowing the pre-money valuation, investors can also determine the value of their investment and the potential return on their investment.
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What is the main advantage of having a skill set with a high market value?
• A. There are fewer regulations restricting those skills.
B. Workers are more productive per hour using those skills.
C. Employers are willing to pay more for those skills.
D. Worker organizations have a major need for those skills.
SUBMIT
Answer:
C
Explanation:
The main benefit of having a high market value is that they will get a high price for the services they will provide. Their job will remain stable and they can lead a good life with the compensation they will receive.
a financial crisis brought on by macroeconomic imbalances group of answer choices is usually inevitable given underlying conditions. often happens to countries with strong international positions. is often preceded by capital inflows and an increase in foreign liabilities. is usually the result of fragility in the banking sector.
A financial crisis brought on by macroeconomic imbalances "is often preceded by capital inflows and an increase in foreign liabilities" (Option c).
A financial crisis occurs when a sudden shock or a series of shocks severely disrupts the financial system, leading to a broad-based contraction in economic activity. Macro-economic imbalances that lead to a financial crisis are often characterized by large capital inflows and increases in foreign liabilities. In such a situation, the country becomes vulnerable to sudden capital outflows, which can lead to a sharp devaluation of the currency and a sharp increase in interest rates.
This can, in turn, lead to a significant deterioration in economic conditions, including rising unemployment, falling output, and rising inflation. Therefore, it is essential to monitor macro-economic imbalances to prevent financial crises from occurring.
Option c is answer.
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identify each point as supporting either matthew desmond’s contention that eviction can cause poverty or the alternative argument that it does not.
Eviction causes poverty was a statement that was made by Desmond in 2015 to support his claim that eviction isn't a consequence of poverty but rather, a cause.
You did not give the full information as you didn't provide the points. Therefore, an overview of Desmond's statement will be given.
According to Desmond, eviction is a cause of poverty, not a consequence of poverty. He stated that housing costs are increasing due to poor renting households and this places people at the risk of eviction.
He further stated that the risks of eviction has several negative health, economic, and housing outcomes.
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If you invest $1,000 at 12% interest, how much money will be in the account after two years, compounded annually? $1,240 $1,120 $1,254.40 $1,300
Answer:
FV= $1,254.4
Explanation:
Giving the following information:
Initial investment= $1,000
Number fo years= 2
i= 12% compunded annually
To calculate the future value, we need to use the following formula:
FV= PV*(1+i)^n
PV= present value
FV= 1,000*(1.12^2)
FV= $1,254.4
A __________ breach of contract discharges the nonbreaching party’s duties and permits that party to sue for damages or __________ the contract and seek __________.
A material breach of contract discharges the non breaching party’s duties and permits that party to sue for damages or revoke the contract and seek a temporary injunction.
A material breach allowed by the contract cannot even come close to being a breach, much less a significant breach, according to contract law. Additionally, the duties sum was not paid. You would have the right to sue if you ordered a computer online and only received the monitor because that would constitute a serious non breaching of the contract. There are numerous ways a contract might be broken, however the following are the most typical: Content Breach Impertinent Breach.
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The best definition of multinational management includes which of these factors Group of answer choices The formulation of strategies and management systems Designed to take advantage of international opportunities Respond to international threats. All of the above
The best definition of multinational management includes:
All of the aboveMultinational managementThis refers to the creation and implementation of the management system which is responsible for taking advantage of international opportunities and also responding to international threats.
With this in mind, we can see that the best definition of multinational management based on the answer choices is option D
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A benefit of using association is that it allows the learner to be creative and have fun
Answer: True
Explanation:
Answer:
True
Explanation:
which four countries have high gross national income (gni) per capita based on 2019 data? multiple select question. sweden india australia china switzerland japan
China has the highest GDP per capita as measured by Macau SAR PPP, followed by Luxembourg. in 2019 India's gni per capita was USD 2,100 in 2019, up 4.48% from 2018. India's gni per capita was USD 2,010 in 2018, up 10.44% from 2017.
India's Gni per capita was USD 2,100 in 2019, up 4.48% from 2018. India's Gni per capita was USD 2,010 in 2018, up 10.44% from 2017. In non-middle-income countries, GNI per capita ranges from $1,026 to $3,995. Her per capita GNI in upper-middle-income countries ranges from $3,996 to $12,375. Finally, GNI per capita in high-income countries is over $12,376. Singapore is the world's highest GNI per capita based on PPP. As of 2021, her GNI per capita based on her PPP in Singapore was her $102,450 international. The top five countries also include Qatar, Norway, Ireland and Switzerland.
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tawney company invests in a piece of equipment that is expected to generate cash inflows of $60,000 per year over its life of 6 years. the equipment cost $240,000 and has no residual value. what is the average annual operating income from asset?
The average annual operating income from assets is $20,000.
What is operating income?Earnings before interest and taxes is a measure of a company's profit that includes all income and costs (operating and non-operating) excluding interest and income tax charges. When a company does not have non-operating income or non-operating costs, operating income and operating profit are frequently used as synonyms for EBIT.
Equipment cost = $240,000
Cash inflow = $60,000
Total net cash inflows during the operating life of the equipment
= Cash inflow per year × no. of years
= $60,000 × 6
=$3,60,000
Total operating income during an operating life = Total net cash inflows during the operating life - Total depreciation during the operating life
= $360,000 - $240,000
= $120,000
Therefore,
Average annual operating income = \(\frac{Total operating income during an operating life}{Equipment operating life year}\)
= \(\frac{120000}{6}\)
Average annual operating income = $20,000
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Which organizational function should set database standards? A) Management B) Application development C) Technical services D) None of the above
The organizational function that should set database standards is C) Technical services.
Technical services typically include IT professionals who have expertise in database management and administration. They are responsible for ensuring that the organization's databases are secure, well-designed, and efficiently managed.
Therefore, they are the most appropriate group to establish and maintain database standards, including naming conventions, data types, data entry rules, and security policies. Management and application development teams may provide input to the database standards, but the technical services team should ultimately be responsible for setting and enforcing them.
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Answer:
The answer is None of the above
Explanation:
I chose technical services and it was incorrect
Question 1
All of the below are examples of noteworthy news that could generate positive media mentions, EXCEPT
Hiring a new employee
A partnership with a local nonprofit that you donate to
Growth of your business into new markets or product lines
A new product or service rollout
Answer:
A new product or service rollout
Explanation:
While a new product or service rollout can be important for a business, it is not necessarily noteworthy news that would generate positive media mentions. Positive media mentions typically come from news that is unique, impactful, or of significant interest to the public, such as a partnership with a local nonprofit or growth of a business into new markets or product lines. Hiring a new employee is also noteworthy news, as it can demonstrate growth and success for a business.
Chris, a CPA and formerly a staff accountant for a large public accounting firm, is the new controller for a small construction company that employs 60 people. The company is now facing tough times in light of a downturn in the construction industry. Both Chris and the CEO, Robin, know the collectibility of a material receivable from Ender Corporation is in doubt. Just before year-end, Chris goes in to talk to Robin. Chris says, "Ender has real problems. The word on the street is they won’t last the year. We need to adjust the allowance for the Ender receivable." Robin replies, "If we do that, we're not going to look good, and the auditor may have to mention our shaky financial position. If we don’t get a clean opinion, we won’t get the bank loan we’re applying for, and we might be out of business, too, by this time next year. This loan is really important to us. If we can just weather this downturn, I know business will pick up." Back in the controller’s office, Chris ponders what can be done to help Robin and the company. Chris remembers the past years working in public accounting and is certain the auditor would want to know about Ender’s difficulties.
please apply the "Eight Steps to Sound Ethical Decision making in Business"
In this scenario, Chris, the new controller, is faced with an ethical dilemma regarding adjusting the allowance for a doubtful receivable from Ender Corporation. To approach the situation ethically, Chris can apply the "Eight Steps to Sound Ethical Decision Making in Business."
The "Eight Steps to Sound Ethical Decision Making in Business" provide a framework for individuals to make ethical choices in challenging situations. Applying these steps, Chris can navigate the dilemma and make an informed decision:
1. Gather the facts: Chris should gather all relevant information about Ender Corporation's financial situation and the potential impact on the company.
2. Define the ethical issues: The ethical issue at hand is whether to adjust the allowance for the doubtful receivable.
3. Identify the stakeholders: The stakeholders in this situation include the company, employees, auditors, and potential lenders.
4. Consider available alternatives: Chris should explore alternative courses of action, such as disclosing the information to the auditor or seeking alternative financing options.
5. Weigh the consequences: Chris should evaluate the potential consequences of each alternative, considering both short-term and long-term impacts on the company and stakeholders.
6. Make a decision: Based on the analysis, Chris should make an ethical decision that aligns with the company's values and long-term sustainability.
7. Monitor and modify: After making a decision, Chris should monitor the situation and be prepared to modify the course of action if necessary.
8. Communicate and implement: Chris should communicate the decision to the relevant parties and ensure proper implementation.
By following these steps, Chris can make an ethical decision that takes into account the best interests of the company, stakeholders, and ethical considerations.
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Janet wants to line a block of text on the right what up come in and allow her to do this
a. indet
b. window control
c. justification
d. line and page breaks
Answer:
I believe the answer would be C. Justification
Explanation:
She would be allowed to do this.
M2 does not include Select one: a. small-denomination time deposits. b. Treasury bonds.
c. M1. d. passbook savings accounts.
M2 does not include Treasury bonds. It includes M1 (cash, checking deposits, and traveler's checks) and other liquid assets such as savings deposits, money market securities, and small-denomination time deposits.
M2 is a measure of money supply that includes all components of M1 (cash, checking accounts, and travelers' checks) plus additional forms of money, such as savings deposits, small-denomination time deposits, and money market mutual funds.
It provides a broader measure of the money supply than M1 since it includes forms of money that are less liquid but still easily converted into cash.
The components of M2 are often used by policymakers to monitor and analyze the state of the economy, including trends in consumer spending, inflation, and interest rates.
M2 is also used to guide the development of monetary policy, which can influence the availability and cost of credit, investment, and economic growth.
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