PT Ebony Furniture is a company that manufactures modern furniture made from light wood. The most selling product at this time is a mini bar stool table for housing/apartments. The Production Division makes mini bars from wood cutting to ready-to-assemble. Meanwhile the Marketing Division completes the assembly and installation process at the customer's site. Data for Production Division: Product selling price to Marketing Division = Rp11,000,000/set. Currently the Production Division produces 700 mini bars per year with a maximum capacity of 1,000. Variable costs are IDR 7,300,000/set and annual fixed costs are IDR 1,200,000,000. Data for Marketing Division: The selling price of the product to residential customers = IDR 17,000,000/set. Variable costs are IDR 1,250,000/set and annual fixed costs are IDR 600,000,000. The Marketing Division is currently expanding its business into the restaurant/cafe sector. The Marketing Division wants to buy 100 mini bars at a price of Rp. 6,500,000 from the Production Division for this new customer segment. The selling price for the restaurant sector is set at 20% higher than the price for residential customers, and there is an additional marketing fee of IDR 100,000/set (this additional fee is only for restaurant customers). The Marketing Division Manager believes that the Production Division should accept the offer, because it can reduce fixed costs per unit. Question: a. What is the minimum transfer price that the Production Division can charge? b. From the perspective of the company as a whole (Ebony), is the Marketing Division's plan profitable? Give the calculations and analysis! c. Do you think the Production Division will accept the transfer pricing scheme decision? Tell? d. Assume that the maximum capacity of the Production Division is 700 mini bars (full capacity). The Ebony Business Director decided to carry out the Marketing Division's plan by setting a transfer price of Rp. 9,500,000,- specifically for restaurant orders (100 units), with the reason that this was an opportunity to develop the business. d.1. What is the minimum transfer price that the Production Division can charge? d.2. Give calculations and analyze how it affects the total profit/loss for each division! d.3. What do you think about the transfer pricing decision for the company as a whole?

Answer:

Recession cycle

Explanation:

Cyclical unemployment is the nature of unemployment caused by the natural cyclical trends in the economy.  The economy undergoes seasons of boom and downturns. These seasons occur repetitively in a country from time to time.

When the economy is experiencing growth(boom or expansion), the production level is high, resulting in the creation of many job opportunities. During recessions ( economic downturns), demand and production decline leading to loss of jobs. The rate of unemployment increases. The type of unemployment created by the decline in economic activities is cyclical unemployment.

Answer:

Following are the answer to this question:

Explanation:

Some information is missing in the question. So, the correct choices can be described as follows:

i) practicing international trade

ii) exporting products

iii) participating in globalization

Answer:

B. practicing international trade

C. exporting products

D. participating in globalization

True, Technological advances allow smaller companies to compete with larger companies.

What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting.

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Answer:

a liability is increasing since cash will be paid in the future due to the expense incurred

Explanation:

Adjusting entries for accruals relate to entries that record revenues and expenses earned or incurred during the period prior to when the cash changes hands. Accrual adjustments include increasing assets and revenue or increasing expenses and liabilities.

The receivables turnover ratio of ABC Corporation is 22.86.The receivables turnover ratio of the ABC Corporation can be calculated by dividing sales by the average accounts receivable over the same period.

The average accounts receivable is determined by adding the beginning accounts receivable to the ending accounts receivable and dividing by two. Therefore, the receivables turnover ratio of ABC Corporation is calculated as follows:$$\text{Receivables turnover ratio}=\frac{\text{Sales}}{\text{Average accounts receivable}}$$Sales = $4,000,000Accounts Receivable = $350,000$$\text{Average accounts receivable} = \frac{\text{Beginning accounts receivable + Ending accounts receivable}}{2}$$.

Let's assume the beginning accounts receivable is $100,000, and the ending accounts receivable is $250,000.$$Average Accounts Receivable = $\frac{\$100,000 + \$250,000}{2}=\$175,000$$Now, put the values into the formula:$$\text{Receivables turnover ratio}=\frac{\$4,000,000}{\$175,000}=22.86$$Hence, the receivables turnover ratio of ABC Corporation is 22.86.

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Public corporate structures are managed by a board of directors. The members of the board are from all walks of industry and commerce. The chairmen of these corporations are appointed by the government. The entire capital is financed by the government.

(Option B) Firms and households are the two main categories of participants in markets.

Markets are systems in which buyers and sellers interact to exchange goods and services. The two primary categories of participants in markets are firms and households.

Firms are economic agents that produce goods and services to sell in the market. They employ workers, buy inputs, and use technology to create products that consumers demand. Firms aim to maximize profits by producing goods and services at the lowest cost possible.

Households, on the other hand, are the consumers of goods and services in the market. They buy goods and services produced by firms and use them for personal consumption or investment purposes. Households earn income by working for firms or owning capital, which they use to purchase goods and services.

The interaction between firms and households forms the basis of the circular flow model of the economy, in which goods and services flow from firms to households, and income flows from households to firms. This model helps us understand how goods and services are produced and consumed in the market and how the economy as a whole function.

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The whole of a company's many product lines is referred to as its Product Mix.

By employing an effective product mix strategy, a business can focus its efforts and resources on the products and product lines within its offerings that have the most potential for growth, market share, and revenue. The distinctions between the product line and the product mix must first be understood. A product line is a group of brands or product categories that a company markets. A product line is made up of a series of linked items with comparable features, advantages, target markets, costs, and distribution strategies. Important product line qualities include line stretching, line filling, line updating, and line featuring.

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Answer:

$5.09 cents

Explanation:

Given the following question:

20% of 6.36

In order to find the answer, we will calculate using the formula for percentages then subtract that answer from the initial amount to have our answer.

\(\frac{p\times n}{100}\)
\(\frac{20\times6.36}{100}=20\times6.36=127.2\div100=1.272\)
\(=1.272\)

Round:
\(1.272\)
\(2 < 5\)
\(1.27\)

Now subtract:
\(6.36-1.27=5.09\)
\(=5.09\)

After a 20% decrease the price is now "$5.09 cents." Which means this was the price before the 20% increase.

Hope this helps.

When estimating costs, it is essential to use the appropriate method based on the project's requirements and available data. Expert judgment and analogous estimation can be useful for rough estimates, while parametric estimation, bottom-up estimation, and three-point estimation can provide more accurate results but require more time and effort.

As a High School student, you may need to estimate costs for different projects or assignments. Cost estimation is a critical part of project management, and different methods can be used to estimate costs. However, these methods differ in their level of precision, accuracy, and reliability. In general, the least precise methods are used when rough estimates are required, while the most precise methods are used when accuracy is essential.

Here are some of the cost estimation methods from the least precise to the most precise:

Expert judgment: This method relies on the opinion of experts who have experience in a particular field. It is the least precise method because it is based on subjective judgments rather than quantitative data.

Analogous estimation: This method involves comparing the cost of a current project with the cost of a similar project completed in the past. The similarity could be in terms of scope, complexity, or other factors. This method is more precise than expert judgment, but it still relies on subjective judgment.

Parametric estimation: This method involves using statistical data and mathematical models to estimate costs. This method is more precise than analogous estimation because it is based on objective data. However, it requires a significant amount of data to be accurate.

Bottom-up estimation: This method involves breaking down a project into smaller components and estimating the cost of each component. This method is more precise than the previous methods because it involves a detailed analysis of each component's cost. However, it is also more time-consuming.

Three-point estimation: This method involves using three estimates for each cost item: a best-case estimate, a worst-case estimate, and a most likely estimate. This method is more precise than the previous methods because it accounts for uncertainty and risk.

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A covenant not to compete is enforceable only if it is reasonable in duration and geographic area. Reasonable duration refers to the amount of time that a non-compete agreement will remain in effect after an employee has left their job.

This duration is usually limited to a certain number of years.A geographic area refers to the region where the non-compete agreement will be enforced. This area is usually defined as the location in which the employer does business or provides services. The geographic area should be limited to the area where the employer has a legitimate interest in protecting its business interests.In conclusion, a covenant not to compete is enforceable only if it is reasonable in duration and geographic area. This means that the duration and geographic area should be limited to what is reasonably necessary to protect the employer's business interests.

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The analysis should be concluded with the comparison of the projects and an explanation of the chosen option. Graphs, tables, and other visual aids should be used to support the analysis and provide a clear understanding of the results. The report should not exceed 2 pages in length.

Problem Summary:

Muhendis, Inc. is considering expanding its production line by purchasing new machines. They have two options to choose from:

Option 1: Purchase 2 machines at a cost of $23,000 per machine, with a fixed production cost of $2,300 per machine.

Option 2: Purchase 3 machines at a cost of $15,000 per machine, with a fixed production cost of $2,000 per machine.

Each unit produced is sold for $3, with raw materials costing $0.42 per unit and labor costs amounting to $1.29 per unit. Additionally, there is an installation fee of $2,000 per machine. The machines have a lifespan of 10 years but will be sold after 5 years, with the buyers paying 50% of the initial purchase price per machine as the salvage cost.

Supervisors recommend borrowing 20% of the initial investment at an interest rate of 15% per year, with the loan lasting 5 years. The company's Minimum Attractive Rate of Return (MARR) is 19%, and the tax rate is 21%.

The forecasted demand for the next five years is as follows:

Year 1: 15,000 units

Year 2: 16,000 units

Year 3: 17,000 units

Year 4: 18,000 units

Year 5: 19,000 units

1.1 Base Case Scenario:

Using a spreadsheet, create an income statement and a cash flow statement for each project (Option 1 and Option 2). Calculate the Present Worth (PW) and Internal Rate of Return (IRR) for each project. Determine which option is the best and provide reasoning.

1.2 Sensitivity Analysis:

Perform a sensitivity analysis within a ±20% interval on the following variables for the chosen project (based on the PW from the previous question): labor cost, loan rate, unit price, and demand. Report the results using graphs, tables, etc. Compare both projects in your report, including the analysis results, and explain why one project was chosen over the other.

Report:

The report should include a summary of the quantified benefits of the project, including the income statement and cash flow statement for both options, as well as the PW and IRR calculations. The analysis should be concluded with the comparison of the projects and an explanation of the chosen option. Graphs, tables, and other visual aids should be used to support the analysis and provide a clear understanding of the results. The report should not exceed 2 pages in length.

Please note that since this is a task requiring calculations and the creation of a spreadsheet and report, it would be best if you work on it directly using appropriate software.

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The statement that best explains the elasticity and incentives work together is that an elastic good, such as a game, is more likely to respond to incentives.

Elasticity is the term that is used in economics. It calculates the percentage change of one economy shifting in response to a percentage change in another.

It is a broad estimate of the sensitivity of an economic variable in reply to a change in another economic variable.

It is defined as an elastic good, like a game, is additionally possible to react to motivations or incentives.

Therefore, an elastic good, such as a game, is more likely to respond to incentives is the correct statement.

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Financial Controller  is responsible for managing of income and expenses of a company.

Vital controllers additionally influence direction, anticipating, and planning at the organization level, in view of bookkeeping information.

The FC is a senior forerunner in the money group. Consequently, it's generally expected that employment forms show huge involvement with bookkeeping and assessment issues, in addition to the capacity to direct others and take responsibility for organization's books.

This requires more than just a gift for numbers. Controllers should be coordinated self-administrators, with the abilities to urge the more extensive organization to follow strategies and techniques.

Therefore it is the Financial controller who basically helps in managing the overall income.

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Answer:

taxes, principal interest, homeowner´s insurance.

Explanation:

Mortgage payments include four parts called PITI, Principal, which is the normal payment of the loan, or the payment needed that is debited to the loan, then the taxes, the interests, and the homeowners insurance, this 4 elements make up for the main monthly payments.

The mortgage payment includes taxes, principal interest, and homeowner’s insurance. The correct options are a, b, and d.

Taxes, principal interest, as well as homeowner's insurance are a few of the items included in the mortgage payment.

1. Taxes: A portion of the mortgage payment is towards property taxes, which typically go to the local government. Schools, roads, and essential services are just a few of the public services that are supported by these levies. 2. Principal and interest: The principal borrowed and the interest accrued by the lender are both paid back with a portion of your mortgage payment. The initial sum of money borrowed to buy the house is known as the principal, and the cost of borrowing the funds is known as the interest.

3. Homeowner's insurance: This sort of insurance shields you and your possessions against harm or loss brought on by calamities like fire, theft, or natural catastrophes. Your monthly mortgage payment includes a percentage for this insurance.

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The amount of money a company receives (inflows) from its primary business of producing and selling finished goods or rendering services, along with any outflows (such as payments for expenses), is referred to as cash flow from operating activities.

Cash flows from operations also include: sales proceeds in cash. Operating activities, investing activities, and financing activities make up the three categories of cash flows. money-related noncurrent asset activities are included in investing.

The relationship between cash inflows and outflows. Money coming into a business is known as cash inflow, and it may come from sales, investments, or financing. The opposite of a cash outflow is a cash inflow, which is money entering a business.

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Answer:

As previously mentioned,

subsistence markets are

extremely vulnerable to

external influences.

Because of this

vulnerability, these economies are

becoming more scarce around the

world. In the past, for example, large

populations of indigenous peoples lived

throughout North America.

According to the Law of Diminishing Returns, the statement provided is false. The Law of Diminishing Returns states that as additional units of a variable input are added to a fixed input, the marginal product of the variable input will eventually decrease. This means that the possibility of reward does diminish as more units of risk are taken. False.

The statement provided is incorrect. The Law of Diminishing Returns states that as you continue to increase the input of a particular factor of production while keeping other factors constant, the resulting increase in output will eventually start to diminish. In other words, the additional output gained from each additional unit of input will decrease over time.

This law is commonly observed in economics and various fields. For example, if a farmer increases the amount of fertilizer applied to a field, there will be an initial increase in crop yield. However, at a certain point, adding more fertilizer will result in smaller and smaller increases in the crop yield until a point is reached where adding more fertilizer will not lead to any additional yield or may even have negative effects.

The Law of Diminishing Returns does not specifically address the relationship between risk and reward. In the context of risk, it is possible that taking on more risk may initially lead to higher rewards, but there is no guarantee that this relationship will continue indefinitely. Risk and reward are complex and influenced by various factors, including market conditions, individual circumstances, and the specific nature of the risk being taken.

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Ray Ray made the following contributions this year:

1. Athens Academy School: Cash contribution of $5,700. The maximum amount of charitable deduction for this contribution is $5,700.

2. United Way: Cash contribution of $4,400. The maximum amount of charitable deduction for this contribution is $4,400.

3. American Heart Association: Property donation of an antique painting with a Property Cost of $18,450 and a Fair Market Value (FMV) of $92,250. Since the American Heart Association plans to sell the painting to fund its operations, the maximum amount of charitable deduction for this contribution is based on the Property Cost, which is $18,450.

4. First Methodist Church: Property donation of Coca-Cola stock with a Property Cost of $13,850 and a FMV of $20,775. As Ray Ray has owned the stock since 1990, the maximum amount of charitable deduction for this contribution is based on the FMV, which is $20,775.

In summary, the maximum amounts of charitable deductions for each contribution are:
- Cash contributions: $5,700 (Athens Academy School) + $4,400 (United Way) = $10,100
- Property donations: $18,450 (American Heart Association) + $20,775 (First Methodist Church) = $39,225

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Based on the details provided, the amount Train would show as the balance for Discount on Notes Receivable on December 31, 2018 is $15,071.

The formula to determine the present value of a non-interest bearing note is:Present Value of Note = Face Value / (1 + r)nWhere:r = Interest rate (in decimal format)n = Number of periods

Using the values given in the question:Face Value = $80,000n = 3r = 11%The present value of the note can be calculated as follows:Present Value of Note = $80,000 / (1 + 0.11)3= $55,077.58The discount on the note can be calculated as follows:Discount on Note = Face Value of Note - Present Value of Note= $80,000 - $55,077.58= $24,922.42Since the note has a 3-year term, the discount on the note must be amortized over the life of the note.

Since the note was accepted on January 1, 2017, it is assumed that the end of each year is the period for the note. The interest expense for 2017 is therefore:Interest Expense = Discount on Note / n= $24,922.42 / 3= $8,307.47The discount on the note is allocated to each year using the effective interest rate method. The amortization table for the note can be calculated as follows:Year Beginning Balance Interest Expense Amortization Ending Balance1 $24,922.42 $8,307.47 $16,614.95 $8,307.472 $16,614.95 $5,515.73 $11,099.22 $5,515.733 $11,099.22 $3,699.74 $7,399.48 $3,699.74The balance for Discount on Notes Receivable on December 31, 2018, will be the unamortized balance on the beginning of the year less the amortization expense for that year.Balance on January 1, 2018: $7,399.48Amortization Expense for 2018: $3,699.74Balance on December 31, 2018: $3,699.74Balance on December 31, 2018, for Discount on Notes Receivable: $3,699.74Therefore, option c is the correct answer: $15,071.

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Marketing research is a process of systematic gathering and interpreting information and data about customers, market trends, and competition to aid in making informed business decisions.

The steps involved in marketing research include:

1,Defining the problem or opportunity

2.Creating a research design

3.Data collection

4.Data analysis

5.Interpretation and reporting

Defining the problem or opportunity: In this stage, the researcher identifies the main problem or opportunity they wish to address. The purpose of the research is then determined and made specific, so that the researcher knows exactly what they are investigating.

Creating a research design: This stage involves developing a plan or blueprint for conducting the research. It includes selecting a research method and designing the sample, questionnaire, and data collection process.

Data collection: This stage involves the actual collection of data using the research design developed. Data can be collected using different methods, including surveys, interviews, observations, and experiments.

Data analysis: This stage involves analyzing the collected data using statistical tools and techniques to generate meaningful insights. Researchers use graphs, charts, and tables to visually display and explain the data findings.

Interpretation and reporting: In this stage, researchers interpret the data and present the findings in a meaningful way. They make recommendations to stakeholders based on the data analysis, which can help in decision-making for the business or organization that commissioned the research.

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Answer:

13.33

Explanation:

We have to write 2 equations to set equal to each other.

The first one will look like this:

200x + 5,000

The x will go with the 200 because the project revenue grows by $200 each month thereafter the start of $5,000.

The second equation will look like this:

50x + 7,000

The project begins at $7,000 and grows by $50 every month so the x will go with the 50.

Now, set them equal to each other

200x + 5,000 = 50x + 7,000

Solve

150x + 5,000 = 7,000

150x = 2,000

x = 13.333

Therefore, in the thirteenth month the project will breakeven.

Hope this helps!!

- Kay :)

The estimated stock price for Halliford Corporation is $9.75.

To estimate the price of Halliford Corporation's stock, we can use the dividend discount model (DDM) since the company retains earnings and pays dividends. The DDM calculates the present value of all future dividends to determine the stock price.

First, let's calculate the dividends Halliford will pay for each period based on the given information:

Year 1:

Dividends = Earnings per share = $3.139

Year 2:

Dividends = Earnings per share = $3.139

Year 3:

Dividends = Earnings per share * Retention rate = $3.139 * (1 - 0.54) = $1.44666

Year 4:

Dividends = Earnings per share * Retention rate = $3.139 * (1 - 0.54) = $1.44666

Year 5 and onwards:

Dividends = Earnings per share * Retention rate = $3.139 * (1 - 0.18) = $2.57302

Now, we can calculate the present value of these dividends using the equity cost of capital:

PV = Dividends / (1 + Equity Cost of Capital) ^ Period

PV1 = $3.139 / (1 + 0.119)¹ = $2.81333

PV2 = $3.139 / (1 + 0.119)² = $2.51525

PV3 = $1.44666 / (1 + 0.119)³ = $0.97109

PV4 = $1.44666 / (1 + 0.119)⁴= $0.86849

PV5 = $2.57302 / (1 + 0.119)⁵ = $1.58375

Next, let's calculate the present value of all the dividends by summing them up:

PV Total = PV1 + PV2 + PV3 + PV4 + PV5

Finally, we can estimate the stock price by dividing the present value of the dividends by the number of shares:

Stock Price = PV Total / Number of Shares

Since the number of shares is not provided in the question, we'll assume it to be 1 for simplicity.

Stock Price = PV Total

Let's calculate the estimated stock price:

Stock Price = $2.81333 + $2.51525 + $0.97109 + $0.86849 + $1.58375

= $9.75191

Rounded to the nearest cent, the estimated stock price for Halliford Corporation would be $9.75.

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The total loan amount is $9728.75. Hence, B. If it were a 14-year loan, the amount of the loan that Hailey is considering taking out would be less than $9728.75.

As the term of the loan increases, the total amount of the loan increases as well. This is because a longer loan term means more opportunities for interest to accrue, which increases the overall cost of the loan. Since the monthly payment and APR are fixed, as the term of the loan increases, the total amount of the loan would decrease.

To calculate the total loan amount, you can use the formula:

Loan Amount = Monthly Payment x\(( ( 1 + r )^n^ -^ 1) / (r * (1 + r)^n)\)

Where:

Loan Amount is the total loan amount

Monthly Payment is the fixed monthly payment ( $115 in this case)

r is the monthly interest rate (3.2%/12)

n is the number of months for the loan term ( 8 years x 12 months/year)

Plugging in the values from the question:

Loan Amount = 115 x ( ( 1 + 0.0032 )⁹⁶ ⁻ ¹) / (0.0032 x (1 + 0.0032)⁹⁶)

Loan Amount = 115 x ( 1.0032⁹⁶ ⁻ ¹) / (0.0032 x 1.0032⁹⁶)

Loan Amount = 115 x (2.812973 - 1) / (0.0032 x 2.812973)

Loan Amount = 115 x 1.812973 / 0.0096

Loan Amount = 9728.75

Hailey is considering taking out an 8-year loan with monthly payments of $115 at an APR of 3.2%, compounded monthly, and this equates to a loan of $9728.75. Assuming that Hailey's monthly payment and the APR of the loan remain fixed, which of these is a correct statement?

A. If it were a 6-year loan, the amount of the loan that Hailey is considering taking out would be more than $9728.75.

B. If it were a 14-year loan, the amount of the loan that Hailey is considering taking out would be less than $9728.75.

C. If it were a 12-year loan, the amount of the loan that Hailey is considering taking out would be less than $9728.75.

D. If it were a 10-year loan, the amount of the loan that Hailey is considering taking out would be more than $9728.75.

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Answer:

true

they are e.g like our capitalists

Answer:

1.  a. Command

2. c. Socialist

3. b. Communist

4. a. Government

Explanation:

"If the government determines whether you get an apartment, you are most likely living in a Command economy. In a Socialist economy, the government controls the resources. In a Communist society, the community, in theory, is supposed to control the resources, but in reality, the Government does."

1. A command economy is a type of economy where the government determines what is produced when it is produced, the quantity, as well as the price at which commodities are produced. The government also determines other activities in the economy such as the assignment of living spaces as well as the investments in the economy.

2. A socialist economy is an economy where goods are produced for consumption and are distributed to ensure equity by a centrally placed authority, which is the government.

3. A communist society according to Karl Marx is a classless society where all the resources belong to the entire community and properties are not owned by private individuals. In reality, though, the government actually controls the resources in this type of society. China is a country that practices communism.

Zing, a new brand of rental e-scooters, is planning to differentiate itself from other competitors by charging a lower price per minute for rentals. This paper aims to discuss the strategy's chances of success or failure.

The new start-up company in the U.S., Zing, has come up with a plan to differentiate itself by offering rental e-scooters at a lower price per minute for rentals. However, other rental companies such as Lime and Spin also offer rental e-scooters for rent at approximately the same price. Zing's plan to lower prices might be a short-term success to attract new users. However, it might fail to survive in the long run due to increasing competition.
As they offer the same product with a different brand name and price, Zing's potential users might get attracted towards it in the beginning. However, in the long term, other rental companies might come up with new strategies to compete and survive in the market. Thus, it might get difficult for Zing to sustain in the long term, and the success of the strategy would depend on various factors such as market share, advertising, promotion, and unique features of the product offered. Therefore, Zing might initially be successful with its strategy of offering rental e-scooters at a lower price per minute for rentals but might not sustain in the long term due to increased competition.

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The down payment less the closing charges less the purchase price is the mortgage loan's principle.

When you enter into a mortgage with a lender, you give the lender the right to seize the property if they are unable to make the loan amount back plus the interest. You might be able to get a mortgage loan that will enable you buy a new house using the worth of the an existing home as security.

Mortgage loans assist people in financing the purchase of real estate by taking a small portion of the property's overall worth as payment. How Do Mortgages Work A mortgage is a loan used to pay for the upkeep of a home, piece of land, or other kinds of rental properties.

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"The Third Wave: An Entrepreneur's Vision of the Future" is a book written by Steve Case, the co-founder of America Online (AOL). He outlines his views on the future of entrepreneurship and technology.

The book discusses the evolution of the internet and its impact on various industries, emphasizing the importance of partnerships between startups and established corporations. Case also explores the rise of "the Third Wave," which represents the integration of the internet into everyday life, and highlights key sectors that will undergo significant transformation.

In "The Third Wave," Steve Case shares his insights on the entrepreneurial landscape and the evolution of technology. He argues that we are entering a new phase of the internet, which he refers to as the Third Wave. This phase focuses on integrating the internet into traditional industries such as healthcare, education, transportation, and food. Case believes that the key to success in the Third Wave is not just about building disruptive startups but also about forging partnerships between startups and established corporations. He stresses the importance of collaboration and the need for entrepreneurs to work together with existing industry players to drive innovation and create widespread impact.

Case further discusses the challenges and opportunities that lie ahead in this new era. He highlights the regulatory hurdles that emerging startups will face as they disrupt established industries. Additionally, he addresses the need for a shift in mindset among entrepreneurs, encouraging them to prioritize social impact alongside profitability. Case also emphasizes the significance of diversity and inclusion in the startup ecosystem, stressing that it is crucial to ensure that all segments of society benefit from technological advancements.

Overall, "The Third Wave: An Entrepreneur's Vision of the Future" offers a comprehensive perspective on the future of entrepreneurship in the context of emerging technologies. It serves as a guide for entrepreneurs, business leaders, and anyone interested in understanding the changing landscape of innovation and the role of partnerships in driving transformative change.

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2.When interest rates are rising, both businesses and consumers will cut back on spending. This will cause earnings to fall and stock prices to drop. ... As interest rates move up, the cost of borrowing becomes more expensive. This means that demand for lower-yield bonds will drop, causing their price to drop.