Answer:
The correct answer is A. Material Ledger Card.
Explanation:
A materials ledger card is a subsidiary record of a raw materials item that stores data on the quantity and cost of units purchased, units issued for use in production, and units that remain in the raw materials inventory.
In other words, it is record of how many units of raw materials are ordered from vendors, how many units are in storage, and how many have been transferred to the production line.
Erasmus applies for a job at Drain-Pro Plumbing & Repair LLC for which he is well qualified. He passes a test to determine which applicants are eligible for hiring, but the employer discards the results, and Erasmus is rejected. Drain-Pro continues to seek applicants.
Refer to Fact Pattern 35-1A. Erasmus files a suit against Drain-Pro under the Civil Rights Act of 1964, claiming reverse discrimination. To support this claim, Erasmus must show that he is a member of
a protected class.
a majority group.
an employers' association.
a union.
Answer:
To support this claim, Erasmus must show that he is a member of
a majority group
Explanation:
Civil Rights Act of 1964 is a landmark in the history of the USA as it protects the rights of the labor who are treated with bias due to their color, sex, race, national origin etc.As Erasmus has filed a suit against Drain-Pro for reverse discrimination, which is defined as the discrimination against a majority of people to favor the minority of people, so then Erasmus should belong to a majority group in order to win the suit under the claim for reverse discrimination.
Government can raise economic efficiency through all of the following policies, except:_______.a) outlawing various forms of commercial deception. b) imposing pollution taxes on polluting firms. c) using tax money to subsidize goods with external benefits. d) fixing the prices of various resources and products.
Answer:
d) fixing the prices of various resources and products.
Explanation:
Commercial deception is false advertising. It is creating a false impression about a good or service. False advertising misleads consumers and reduces efficiency. Commercial deception is illegal in some countries.
Negative externality is when the costs of economic activities to third parties exceeds its benefits. Negative externality reduces efficiency. The government can discourage the production of goods and services that create negative externality by imposing taxes. Taxes increases the cost of production and discourages production of that good.
Positive externality is when the benefits of economic activities to third parties exceeds the cost. Goods that produce postive externality are usually underproduced. The government can encourage production of goods that produce postive externality by subsidizing to encourage production.
Government fixing prices can be called either price ceiling or price floor. Price ceiling or price floor can discourage production and consumption respectively.
I hope my answer helps you.
One of your clients purchased 100 shares of XYZ common stock at $30 per share and sells them one year later at $35 per share. Throughout the year, your client received a dividend of $1 per share. What is your client's total return on this investment
Answer: 20%
Explanation:
Return on investment = return/investment (cost)
Return = 3500 - 3000 = $500 + $100 dividend = $600
$30 x 100 = 3000
$35 x 100 shares = 3500
Cost = $30 x 100 shares =$3000
ROI = 600 / 3000 = 0.2
20%
Flynn buys a Greasy Burger, Inc., franchise. Greasy requires that its franchisees buy its products exclusively for every phase of their operations. Because Flynn wishes to buy less expensive products, he challenges the requirement. His best argument is probably that the requirement violates
Answer:
a. federal antitrust laws
Explanation:
Based on the information provided within the question it can be said that his best argument is probably that the requirement violates federal antitrust laws. These are laws that protect consumers from different business practices that focus on preying on anyone they can. Which can be argued that Greasy Burgers is preying on Flynn since he is new in the industry and has already bought a franchise from Greasy Burgers Inc.
An individual is both an appraiser and a real estate broker. What are the individual’s USPAP obligations when preparing listing presentations and comparative market analysis reports for brokerage clients?
Answer:
The Uniform Standards of Professional Appraisal Practice (USPAP) provides flexibility for professionals that have multiple roles like being a broker and an appraiser at the same time.
USPAP requires that appraisers must not misrepresent their roles if they also act as brokers or agents. That means that as long as appraisers are not doing something that misrepresents his/her appraiser role, then there is no limitation on performing other roles.
But if the appraiser is requested to sign a report as an appraiser, then USPAP rules apply and his/her appraiser role should be given priority.
Current maturities of long-term debt: permit a more accurate determination of working capital. represent cash that has been set aside for debt payments due within a year. are classified with long-term debt. reflect overdue installments of bonds payable.
Answer:
The correct answer is that it permits or allows a more accurate determination or ascertainment of the working capital.
Explanation:
Current maturities of the long term debt means that the portion or part of the liabilities of the company which are due in the next twelve months. And the working capital is the capital of business which is needed for daily operations of the business.
So, the present maturities of the debt which is long term, allows the more true and accurate ascertainment of the working capital.
Most group Disability Income contracts are offered on a/an:
A. Contributory basis
B. Noncontributory basis
C. Nonoccupational basis
D. Occupational basis
Answer:
Answer is option C, i.e. Nonoccupational Basis.
Explanation:
When an injury is caused due to accidents while in the occupational role, then many organizations provide for the contract that is also considered as a form of insurance to cover the loss of the injury, that has resulted as a result of an occupational accident. These insurance are commonly known as Disability Income contracts or disability insurance. These are sanctioned to a person who has lost his/her occupation due to the injury caused in the accident while at work. Hence, the answer is option C.
Joe is the owner of the 7-11 Mini Mart, Sam is the owner of the Super America Mini Mart, and together they are the only two gas stations in town. Currently, they both charge $3 per gallon, and each earns a profit of $1,000. If Joe cuts his price to $2.90 and Sam continues to charge $3, then Joe's profit will be $1,350, and Sam's profit will be $500. Similarly, if Sam cuts his price to $2.90 and Joe continues to charge $3, then Sam's profit will be $1,350, and Joe's profit will be $500.
If Sam and Joe both cut their price to $2.90, then they will each earn a profit of $900.
If both players choose their dominated strategy they will each earn______, and if both players choose their dominant strategy they will each earn___
1. $900; $1,000
2. $500; $1,350
3. $900; $1,350
4. $1,000; $900
Answer:
1. $900; $1000
Explanation:
Their dominated strategy is the strategy they can decide to adopt in future while their dominant strategy is the plan they are working with at present
Bryn, Cornell, and Duke are general partners in Equity Lending, a consumer credit, mortgage, and investment firm. Their agreement states that it is a breach of the agreement for any partner to assign his or her interest to a creditor without the consent of the other partners. Cornell's assignment of his interest in Equity Lending to Financial Consultants Corporation results in
a. Cornell's wrongful dissociation and liability for any damages.
b. the automatic termination of Equity Lending's legal existence.
c. nothing with respect to Cornell or Equity Lending.
d. Cornell's liability for all of Equity Lending's debts
Cornell's assignment of his interest in Equity Lending to Financial Consultants Corporation results in Cornell's wrongful dissociation and liability for any damages.
Option A
Explanation:
The creditor uses his home equity as collateral loans. A domestic equity loan is a debt form. The debt is based on the price of the land, and an appraiser from the lending institution calculates the property’s value.
Equity finance is a way to fund the business by raising money from creditors. Funding equities means raising money by providing investors some pieces of your business, known as shares. When a company owner uses equity funds, he sells part of his stake in his firm.
If there is a breach on a loan agreement, the first and most common solution used by the lenders is the harm compensation. This may include the difference in the loan volume and the price of new credit, and any reduction of profit or loss.
Cornell's unauthorized assignment of his partnership interest leads to his wrongful dissociation and liability for damages according to the partnership agreement. Specifically, this aligns with option 'a' - Cornell's wrongful dissociation and liability for any damages.
Bryn, Cornell, and Duke are general partners in Equity Lending. According to their partnership agreement, assigning an interest to a creditor without the consent of the other partners constitutes a breach. When Cornell assigned his stake to Financial Consultants Corporation without receiving consent from Bryn and Duke, it resulted in an unauthorized act.
Consequently, Cornell's wrongful dissociation from the partnership occurs, making him liable for any damages arising from this action.
You are the marketing manager for a multi-state auto dealership in the Midwest. It is that time of year when your fleet of autos goes through major model year changes. You are putting the final touches on your pricing strategy to facilitate getting your inventory of autos low enough to make room for the new models.
What is the practical problem involved in using your current sales and commission data to make pricing decisions?What pricing strategy solution would best address that problem?
1. Problem: You have a clearer knowledge of the supply side of the pricing equation than you do of the demand side. Solution: Periodic discounting to keep pace with demand.
2. Problem: You are committed to the idea of maximizing profits for last year's models. Solution: Increase the price of last year's models, emphasizing their future unavailability.
3. Problem: Your current sales and commission data are hard to quantify to formulate a pricing strategy. Solution: When a potential customer appears interested, formulate an individualized price for that person.
4. Problem: You are committed to the idea of maximizing profits for next year's models. Solution: Keep the prices of last year's model the same, so that the new model's prices look more desirable.
5. Problem: Your commissions add to the cost of the cars, decreasing their attractiveness as bargains. Solution: Eliminate your commissions to reduce inventory.
Answer:
1. Problem: I have a clearer knowledge of the supply side of the pricing equation than I do of the demand side. Solution: Periodic discounting to keep pace with demand.
Explanation: There is an established relationship between the demand and supply of goods and services as price changes, so it is necessary I as the marketing manager I reduce the price or give some percentage discount in order to increase the demand,this knowledge is effective in managing the supply of goods and services which will help to prevent wastages especially as it has to do with product whose demand tends to be seasonal.
Final answer:
The primary issue is comprehending the demand side when making pricing decisions based on current sales and commission data. A suitable solution is a pricing strategy that involves periodic discounting while maintaining the perceived value of the vehicles.
Explanation:
The practical problem with using current sales and commissions data to make pricing decisions is understanding the demand side of the equation, as this can greatly impact the effectiveness of various pricing strategies in a market with imperfect information. One of the strategies, based on buyers' perception of price as an indicator of quality, suggests that raising prices could potentially lead to an increased perception of automobile quality, thus, paradoxically, increasing sales despite the higher price point. Conversely, decreasing prices with the aim of clearing inventory could inadvertently signal lower quality, deterring potential customers. It's crucial for the marketing manager to consider this dynamic when planning the pricing strategy to make room for new models.
As a solution, a multifaceted pricing strategy that not only focuses on reducing inventory levels through periodic discounting to match demand but also communicates the value and quality of the cars despite the lower prices could be effective. This could include creating marketing campaigns that highlight the reliability and features of the vehicles, even if they are last year's model. The key is to strike a balance between making the cars attractive price-wise while still maintaining their perceived value. Additionally, offering incentives that do not directly alter the car's price, like extended warranties or service packages, might help retain the perception of quality.
A buyer leases a property for a period of time and then exercises an option to buy. Which of the following best describes the Texas Real Estate Commission’s position regarding the real estate agent's role in the option contract?
Answer:
A. TREC discourages licensees from getting involved in the negotiations.
Explanation:
Based on the information provided within the question it can be said that the Texas Real Estate Commission discourages licensees from getting involved in the negotiations. This is mainly due to the fact that the Texas Real Estate Commission believes that they do not have the resources or experience necessary to deal with these negotiations.
A salesperson is offering promissory notes for a company selling coffee at drive-through kiosks. The notes pay a 13% interest rate and mature within 9 months. The salesperson tells a potential investor that the motes are risk-free and that the kiosks are collateral that secure the note.The salesperson is not registered in the state and notes are not registered in the state.
Answer:
Legitimate promissory notes are marketed to sophisticated, corporate investors that have the ability to thoroughly research the company issuing the notes and determine whether the issuer will be able to repay principal and interest. There have been many instances of "promissory note fraud" where unlicensed individuals push bogus promissory notes that are sold as investments that offer above-market fixed interest rates and safeguarding of principal - and most of there are frauds. This is a major concern to state regulators.
To offer a promissory note, both the salesperson and the note must be registered in the state. Only promisory notes that have maturities of 9 months or less, that are investment grade, and are sold in minimum increments of $50,000 are exempt from registration.
Finally, the tell-tale sign of fraud are:
Statements that tho notes are "guaranteed" or insured, especially by bogus foreign entities.
Promises of above-market rates fo return
Statements that the notes are "risk"free"
The labeling of a star-up company´s notes as prime
Offers of promissory notes from a stanger who does not know the costumer financial situation
Final answer:
A promissory note is a financial commitment from one party to pay another, and while often used for business financing, is not risk-free, especially when unregistered. Collateral may mitigate but does not eliminate investment risk. Investors should carefully consider the issuer's creditworthiness and the note's registration status before investing.
Explanation:
A promissory note is a financial instrument that signifies a written promise by one party (the issuer or maker) to pay another party (the payee) a definite sum of money, either on demand or at a specified future date. They are commonly used in business transactions as a means of short-term financing. For example, the manager of a manufacturing company may issue promissory notes to raise capital for expanding operations.
In the scenario described, the salesperson is offering promissory notes with a 13% interest rate, maturing within 9 months. The notes are described as 'risk-free' with the drive-through kiosks acting as collateral. However, it’s important to note that there are always risks involved with investments, and the description of these notes as 'risk-free' should be approached with skepticism, especially since the salesperson is not registered in the state, and neither are the notes. This lack of registration increases the risk for potential investors as it implies a lack of oversight and legal protection. Moreover, collateral only partially mitigates risk; it does not eliminate it.
Promissory notes can be ‘discounted’ which means they are sold before their maturity date for less than their face value. This allows the seller to access funds immediately while the buyer benefits from the full face value at maturity, assuming the issuer can fulfill the obligation.
It is also important to remember that while promissory notes are credit instruments, their reliability heavily depends on the issuer's financial stability and creditworthiness. In the case of a company expanding operations through the issuance of bonds or commercial paper, investors should carefully assess the risk before purchasing these notes.
In calculating the CPI, a fixed basket of goods and services is used. The quantities of the goods and services in the fixed basket are determined by
a. surveying consumers.
b. surveying sellers of the goods and services.
c. working backward from the rate of inflation to arrive at imputed values for those quantities.
d. arbitrary choices made by federal government employees.
Answer:
Answer is option A i.e. surveying consumers.
Explanation:
In the calculation of CPI, the quantities of the goods and services in the fixed basket are determined after conducting the various household expenditure survey of the consumers who actually use the goods and services. Therefore, we can say that these quantities are determined after surveying the consumers.
Ultra Co. uses a periodic inventory system. The following are inventory transactions for the month of January: 1/1 Beginning inventory 20,000 units at $13 1/20 Purchase 30,000 units at $15 1/23 Purchase 40,000 units at $17 1/31 Sales at $20 per unit 50,000 units Ultra uses the LIFO method to determine the value of its inventory. What amount should Ultra report as cost of goods sold on its income statement for the month of January?
Answer:
$830,000
Explanation:
Ultra Co.'s inventory for January:
Date Number of units Unit balance Unit cost Total cost
January 1 20,000 20,000 $13 $260,000
January 20 30,000 50,000 $15 $710,000
January 23 40,000 90,000 $17 $1,390,000
January 31 (50,000) ($16.60) ($830,000)
Ending inventory 40,000 $560,000
Using the last-in, first-out (LIFO) method, the COGS = (40,000 units x $17 per unit) + (10,000 units x $15 per unit) = $680,000 + $150,000 = $830,000
Computer equipment was acquired at the beginning of the year at a cost of $51,000. It had an estimated residual value of $5,000 and an estimated useful life of five years. Determine the
(a) depreciable cost,
(b) straight-line rate, and
(c) annual straight-line depreciation.
a. Depreciable cost $
b. Straight-line rate %
c. Annual straight-line depreciation
Answer:
a) $46,000
b) 0.20 or 20%
c) $9,200
Explanation:
Data provided in the question:
Cost = $51,000
Residual value = $5,000
Useful life = 5 years
Now,
(a) Depreciable cost = [ Cost - Salvage value ]
= $51,000 - $5,000
= $46,000
(b) Straight-line rate = 1 ÷ [ Useful life ]
= 1 ÷ 5
= 0.20 or 20%
(c) Annual straight-line depreciation = Depreciable cost × Straight-line rate
= $46,000 × 0.20
= $9,200
The Federal Deposit Insurance Corporation (FDIC) insures deposits up to $250,000 in.
Answer:
commercial banks and thrift institutions
Explanation:
A community organizer wants to convince state officials to create a universal preschool program so that all families with young children will have access to affordable child care. His goal is primarily about increasing the labor force participation of community adults, but his agenda is popular among less advantaged community members because they want standardized educational opportunities for their children. Furthermore, it is popular with more affluent community members who see this as a way to integrate children from different backgrounds earlier in their development. This set of congruent interests would be an example of what David Snow calls
Answer:
David Snow focused on this set of conguent interests on social movements issues strategies on his most important scholarly achievement which he called "framing perspective"
Explanation:
Snow´s "framing perspective" approach on large, informal groupings of individuals or organizations to negotiate on emergent meanings of social-movement issues, is psychological and centered in agencies services focused on specific action for change.
More than competing perspectives framing perspective is a diagnostic framing to identify the problem to assign of blame; prognostic framing to suggest solutions, strategies, and tactics to a problem and motivational framing to get rationale action to the types of social change, which could be alternative, redemptive, reformative and revolutionary according to David F. Aberle a cultural anthropologist.
Research suggests that boards of directors perform better if:
a. outside directors own significant equity in the organization.
b. the board includes employees as voting members.
c. the board is homogenous in composition.
d. the CEO is also the chairperson of the board of directors.
Answer:
c.
Explanation:
Research suggests that boards of directors perform better if the board is homogenous in composition. This refers to the board members being alike in terms of thinking. Therefore, a board of directors with all members that think alike will perform better since they will all be focused on moving towards the same goal, and decisions will be made with far greater ease.
Final answer:
Better performance of boards of directors is associated with outside directors owning significant equity. A homogenous board or CEO as chairperson do not necessarily lead to better outcomes. Effective governance is critical and is enhanced by independent oversight and shareholder-elected board members.
Explanation:
Research suggests that boards of directors perform better if outside directors own significant equity in the organization. This aligns the interests of the directors with those of shareholders, thereby potentially enhancing the firm's performance.
Having a board that includes employees as voting members can contribute to a diversity of perspectives, but this isn't broadly indicated as a best practice in research for improving board performance. Homogenous boards may suffer from a lack of diversity in thought, which could impair decision-making. Conversely, the CEO being also the chairperson of the board can present a conflict of interest that may not serve the shareholders' interests well.
Critical to effective corporate governance is ensuring that the board of directors operates with a degree of independence and is capable of providing oversight for top executives. The board, being elected by shareholders, should work in the shareholders' interests, which is facilitated by mechanisms such as significant equity ownership by outside directors and effective auditing. Unfortunately, as seen in cases like Lehman Brothers, failures in corporate governance can lead to severe consequences for the firm and its stakeholders.
The business judgment rule has been replaced by good faith statutes in most states. True or False
Answer:
False
Explanation:
The business judgement law is the law principle that provides honest business decision made in good faith and on which no further investigations are actionable even the decision is mistaken or harmful.
The Business Judgement Rule States:
An officer who makes business judgement in good faith fulfills (the day of care) if he
Is not interested in subject of his business judgementIs informed with subject of his business judgement to the extent (he) reasonably believes to be appropriate under the circumstancesRationally believes that his business judgement is in the best interest of the companyMoreover, none of the states has replaced it with good faith statues as it's the law for taking critical business decisions.
Consumers don't care which supplier they buy from in a perfectly competitive market because:________A) the outputs of the firms in a perfectly competitive market are all the same.B) the consumers have no choice regarding who they buy from.C) price is always low enough that the choice of supplier doesn't matter.D) all of the above.
Answer and Explanation:
A) the outputs of the firms in a perfectly competitive market are all the same.
Answer:
A) the outputs of the firms in a perfectly competitive market are all the same.
Explanation:
A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Consumers don't care which supplier they buy from in a perfectly competitive market because the outputs of the firms in a perfectly competitive market are all the same.
Consumers have a choice from whom to buy from because there are many sellers in the industry.
Market prices are set by the forces of demand and supply.
There are free entry and exit of firms into the industry.
I hope my answer helps you
A brick fence straddles the property line of two neighbors. The neighbors agree not to damage it in any way. This is an example of:
Answer:
A party wall
Explanation:
A party wall
A Party wall which sometimes also called a parting wall is referred to that wall which is used or shared by both property owners. The purpose of this wall is to separate the two adjoining owners, therefore, thickness varies from 9 to 12 inches. Party wall agreement need to signed between both sharing owners to make any repair work on the party wall.
For shipments transported by water, in addition to the name of the shipper, which of the following must be added to the shipping paper for shipments by vessel?
Answer:
Please see the explanation below
Explanation:
Bill of lading is the formal document which issues by the vessel/carrier company in regard to the invoice and packing list submitted with cargo..A bill of lading (BL or BoL) is a legal document issued by a carrier to a shipper that details the type, quantity, and destination of the goods being carried. Consignee address and details A bill of lading also serves as a shipment receipt when the carrier delivers the goods at a predetermined destination. In case of DGR that is dangerous goods, specified permits and form should be attached with it
Shipping papers for vessel shipments must include detailed cargo information, emergency contact details, consignee, and the origin and destination. For container ships, ballast water management is also critical to prevent environmental impacts from invasive species.
Explanation:For shipments transported by water, specifically for shipments by vessel, the shipping paper must include a comprehensive set of information in addition to the name of the shipper. This typically includes details about the cargo, such as description, quantity, and any hazardous material classifications if applicable. However, according to regulations that govern the transport of goods by sea, such as the International Maritime Dangerous Goods (IMDG) Code, additional vital information may include emergency contact information, the consignee, and the origin and destination of the shipment.
Depending on the type of ship and the nature of the cargo, other specific details may also be required. For instance, with container ships, the ballast water management plan and ballast water declaration may be essential due to environmental regulations concerning the spread of invasive species through ballast water discharge.
A married couple with 2 children and 5 grandchildren has an estate valued at $4 million. They decide to use gifts as a means to transfer some of their wealth to their family now and lower the value of their estate.
If for a five-year period the couple gives the maximum tax-free gift to each of their children and grandchildren, the value of their estate would be reduced to:
A) $84,000. B) $420,000. C) $3,090,000. D) $3,916,000.
Answer:
C) $3,090,000.
Explanation:
The married couple can give to each son or daughter $26,000 per year x 2 children x 5 years = $260,000
The married couple can give to each grandson or granddaughter $26,000 per year x 5 grandchildren x 5 years = $650,000
Their total tax free gifts = $260,000 + $650,000 = $910,000, so their estate will reduce to: $4,000,000 - $910,000 = $3,090,000
The social costs of unemployment are combine with the loss of goods and services and negative governmental impacts that include increases in costs for welfare services and decreases in ______________.
Answer:
The social costs of unemployment are combine with the loss of goods and services and negative governmental impacts that include increases in costs for welfare services and decreases in access to social amenities and infrastructures
Explanation:
Unemployment has social impact on citizens involved ranging from contributions of government policies which has direct effect on the economy such as inflation, furthermore, decrease in assessing social amenities als has its contribution which enables the increment in different social vices
A promise by Derkin Restaurants to buy all of the produce it needs this next year at an established price from Elfredo's Produce would be an:
a) unenforceable promise based on past consideration.
b) enforceable output contract.
c) enforceable requirements contract.
d) unenforceable, illusory contract.
Answer:
C) enforceable requirements contract.
Explanation:
A requirements contract is a contract between one organization and its vendor. The vendor agrees to supply as much of a good or service that the organization may need and require, and the organization agrees to only purchase the good or service from that specific vendor.
In this case, Elfredo agrees to supply all the goods needed by Derkin, and Derkin agrees to buy the goods it needs only from Elfredo.
Megabrics Inc., a truck manufacturing company, installed windmills to generate power for its manufacturing plant. Almost 45% of the power used by the plant is generated by the windmills. In the given scenario, the step taken by Megabrics Inc. most likely exemplifies a(n) _____.
Answer:
C) sustainability initiative
Explanation:
Sustainability initiatives refer to activities carried out by companies in order to reduce their negative environmental impact, e.g. use of renewable energy sources, reduction in the use of paper, efficient water use, etc.
In this case, Megabrics is generating 45% of its electric power from a renewable resource (wind).
Starbucks uses different kinds of coffee, dairy and non-dairy alternatives, flavor shots, and temperature levels to create a diverse array of options for customers. It uses a machine called a Clover, which allows baristas to customize brew times down to the second, specify how much exposure the water has to the coffee grounds, and dial in a precise temperature. Starbucks is well-geared toward ______.
A. customization
B. standardization
C. mass customization
D. mass standardization
Answer:
C. mass customization
Explanation:
Mass customization refers to the process of providing market-wide goods and services tailored to each customer's specification but at a low unit cost as obtained in mass production. This is now possible with modern technology. This is also called made or built to order.
Tyler Holdlong owns a small retail property that he inherited from his father. There are no mortgages or interest expenses connected with the property. Tyler takes an annual cost recovery expense of $3,000. The property has a monthly gross income of $3,500 and monthly operating expenses of $1,100. Tyler's taxable income from this property will be taxed at a rate of 25%. What is the tax liability for the year?
a. $10,500b. $7,950c. $7,200d. $6,450
Long-run competitive equilibrium requires:_______
a. economic profits to be zero for all firms in the industry.
b. price to be zero for all firms in the industry.
c. average costs to be zero for all firms in the industry.
d. accounting profits to be zero for all firms in the industry.
c is my answer to your question
Explanation:
and and I don't know if it's right or wrong
Kerri is licensed as a non-resident broker in Virginia, and she only sells residential property. When is she required to complete her continuing education?
Answer:
cylinder
Explanation:
In Virginia, non-resident real estate brokers like Kerri who sell residential property must complete continuing education in line with state requirements every two years to maintain their license.
In Virginia, individuals licensed as real estate brokers are required to complete continuing education (CE) courses to maintain their licensure. For non-resident brokers like Kerri, who deals exclusively with residential property, the same state requirements would apply unless there is a specific exemption or reciprocal agreement in place with the state where she is a resident.
Virginia requires that all licensed real estate brokers complete a certain number of CE hours every two years. The exact number of hours and the deadlines can vary, but typically include updates on laws, ethics, and various aspects of real estate practice that are essential for staying current in the field. Kerri must be aware of when her CE credits are due to ensure her license remains in good standing and she is up-to-date with the latest information in the real estate industry.