Answer:
False
Explanation:
The sole responsibility of the Federal Coordinating Officer is to ensure that disaster safety and health programs are well implemented and managed in any disaster area.
Cheers
Which of the following is most strongly supported by the Keynesian perspective of macroeconomics?
A. inflation is a price that might have to be paid to achieve lower unemployment
B. inflation offers no offsetting gains in terms of higher unemployment
C. more emphasis on economic growth and how labor markets work
D. shifts in unemployment primary determine changes in the price level
Answer & Explanation:
A. inflation is a price that might have to be paid to achieve lower unemployment
The Keynesian perspective of macroeconomics supports the concept that inflation is a price that might have to be paid to achieve lower unemployment. This perspective places a high emphasis on government intervention and fiscal policies to stabilize the economy.
Explanation:The Keynesian perspective of macroeconomics is built on the concept that aggregate demand is the primary driving force in an economy. From this viewpoint, the government plays a key role in stabilizing the economy by influencing aggregate demand through fiscal policy measures, such as government spending and tax policies.
Looking at the options, the statement that most aligns with the Keynesian perspective is 'A. Inflation is a price that might have to be paid to achieve lower unemployment'. This is based on the Keynesian view that during periods of economic recession when unemployment is high, it may be necessary for the government to stimulate the economy, even if it risks causing inflation.
Learn more about Keynesian Perspective here:https://brainly.com/question/34186970
#SPJ3
Each year M. Lloyd Corporation rewards the year's best-performing employee. The reward is based on the individual performance of an employee, his or her level of commitment toward the organization, and his or her crisis management skills. The company gives this reward to encourage other employees to also put in the same kind of effort in their work. In this scenario, M. Lloyd Corporation follows the _____ theory.
Final answer:
M. Lloyd Corporation's reward system that incentivizes employees based on individual performance, commitment, and crisis management skills aligns with Theory Y. This theory emphasizes giving employees responsibilities and the freedom to make decisions, which leads to increased satisfaction and productivity.
Explanation:
In the scenario where M. Lloyd Corporation rewards the year's best-performing employee based on individual performance, commitment toward the organization, and crisis management skills, the company is following Theory Y. This theory posits that when employees are given responsibilities and freedom, they perform better and produce higher quality work. Such incentives are designed to make employees feel that their rewards are proportional to their efforts, thus increasing job satisfaction and encouraging them to work harder.
Theory X and Theory Y are two contrasting theories of employee motivation. Theory X assumes that employees are naturally unmotivated and dislike work, so they need to be supervised closely and controlled through strict management and the prospect of penalties. Theory Y, on the other hand, assumes that employees are self-motivated, enjoy their work, and work to better themselves without direct coercive pressures from management. M. Lloyd Corporation's reward system aligns with Theory Y, as it encourages inner satisfaction and fulfillment from work, participation in decision-making, and provides incentives that correlate with the employees' contributions to the company.
This approach aligns with the new perspective on employee motivation, viewing employees as individual contractors who contribute to the company effectively when their compensation and recognition for work are in line with their efforts. It reflects an understanding that appropriate rewards can lead to an increase in employee productivity, satisfaction, and loyalty to the organization, which is core to the Theory Y management practice.
Which investment should be made today to have $25,000 in an account if it is invested at 2.15% compounded monthly for 25 years?
Answer: The investment that should be made is $14612.2
Explanation:
To calculate the principle amount, for the interest compounded monthly follows:
[tex]A=P(1+\frac{R}{n})^{nT}[/tex]
A = Amount after time period 'T' = $25,000
P = Principal amount = ?
R = rate of interest = 2.15 % = 0.0215
n = Number of times interest applied per time period = 12 ( 1 year = 12 months)
T = time period = 25 years
Putting values in above equation, we get:
[tex]25,000=P(1+\frac{0.0215}{12})^{12\times 25}\\\\P=\$14612.2[/tex]
Hence, the investment that should be made is $14612.2
Which of the following are included or excluded in this year’s GDP?
a. Interest received on an AT&T corporate bond: .
b. Social Security payments received by a retired factory worker: .
c. The unpaid services of a family member in painting the family home: .
d. Income of a dentist from the dental services provided: .
e. A monthly allowance a college student receives from home: .
f. Money received by Josh when he resells his nearly brand-new Honda automobile to Kim: .
g. The publication and sale of a new college textbook: .
h. An increase in leisure resulting from a 2-hour decrease in the length of the workweek, with no reduction in pay: . i.
A $2 billion increase in business inventories: .
j. The purchase of 100 shares of Google common stock: .
Answer:
a. Interest received on an AT&T corporate bond
d. Income of a dentist from the dental services provided
g. The publication and sale of a new college textbook
i. A $2 billion increase in business inventories
Explanation:
a.Interest received on an AT&T corporate bond- This is a reward for capital which is a factor of production, therefore it will be included in national income measurement.
b. Social Security payments received by a retired factory worker- This is a transfer payment, it is not a payment for factor of production.
c. The unpaid services of a family member in painting the family home - This is not included because it is hard to value the service, this is one of the difficulties in national income measurement.
d. Income of a dentist from the dental services provided - This is included in the measurement of national income because it is a payment for factor of production.
e. A monthly allowance a college student receives from home- This is not included because it transfer payment.
f. Money received by Josh when he resells his nearly brand-new Honda automobile to Kim. This is not included because it was included in the year of manufacture. It is a transfer of ownership.
g. The publication and sale of a new college textbook - This is included because, it constitutes part of current production.
h. An increase in leisure resulting from a 2-hour decrease in the length of the workweek, with no reduction in pay - This is not included because it does not increase production.
j. The purchase of 100 shares of Google common stock. This is mere transfer of ownership, therefore it is not included in national income.
.
Items included in GDP: d. dentist income, g. textbook publication, i. inventory increase. Items excluded from GDP: bond interest, Social Security payments, unpaid services, allowance, resale money, leisure increase, stock purchase.
Explanation:The items that are included in this year's GDP are:
Income of a dentist from dental services provided.The publication and sale of a new college textbook.A $2 billion increase in business inventories.The items that are excluded from this year's GDP are:
Interest received on an AT&T corporate bond.Social Security payments received by a retired factory worker.The unpaid services of a family member in painting the family home.A monthly allowance a college student receives from home.Money received by Josh when he resells his nearly brand-new Honda automobile to Kim.An increase in leisure resulting from a 2-hour decrease in the length of the workweek, with no reduction in pay.The purchase of 100 shares of Goo-gle common stock.Learn more about GDP components here:https://brainly.com/question/27286164
#SPJ3
Loretta Inc., a U.S.-based watch manufacturer, sells its products in France, China, Russia, and India. To manage sales, Loretta appoints a number of sales representatives to each location. Sales representatives report to area managers, and area managers coordinate sales in their respective areas before reporting to regional managers. Loretta has most likely adopted a ________ sales-force structure.
A) Customer
B) Product
C) Complex
D) Distributor
E) Territorial
Answer: E.
Explanation:
Territorial sales-force structure is a system where by an organization appoints sales representative to every location where they operate. Each sales rep plays the role of helping customers understand the products and services they offer. This strategy help the organization create good relationship with their customers.
Which of the following statements best represents the principle represented by the adage, "There is no such thing as a free lunch"?
a. Michelle can attend the concert only if she takes her sister with her.
b. Michael is hungry and homeless.
c. Andrea must repair the tire on her bike before she can ride it to class.
d. Dani must decide between going to Florida or Brazil for spring break
Answer:
d. Dani must decide between going to Florida or Brazil for spring break
Explanation:
There is no such thing as a free lunch is a concept used to describe opportunity cost.
Opportunity cost is the cost of the activity given up in order to carry out another activity. It looks at the tradeoffs involved in making decisions.
In this question, if Dani travels to Florida, his opportunity cost is the trip to Brazil he forgoed.
Conversely, if Dani travels to Brazil, his opportunity cost is the trip to Florida he forgoed.
I hope my answer helps you
Which of the following states (conditions) does not describe an advantage associated with mass-marketing?
a. A large pool of potential customers exists.b. The wants and needs of individual customers can be more directly targeted.c. Scale economies, if achieved, can generate the ability to charge low prices while still remaining profitable.d. Firms can still differentiate their brands from the competition through creative promotions.e. Scale economies (economies of scale) can potentially be obtained.
Answer:
b. The wants and needs of individual customers can be more directly targeted
Explanation:
Mass marketing by definition "is the advertising or promotion of a product, good or service to a wide variety of audiences with the expectation of appealing to as many as possible". If we analyze one by one the options we have this:
a. A large pool of potential customers exists.
Thats one of the alternatives in order to use mass marketing in order to indentify potential customers.
b. The wants and needs of individual customers can be more directly targeted.
This one is NOT a method or a way to apply the mass marketing since that's a technique to classify the info from subjects.
c. Scale economies, if achieved, can generate the ability to charge low prices while still remaining profitable.
Thats one alternative that can be applied if we use mass marketing
d. Firms can still differentiate their brands from the competition through creative promotions.
That's one alternative since we can see and create potential customers with this alternative.
e. Scale economies (economies of scale) can potentially be obtained.
For this case is one of the options in order to apply mass marketing since "Economies of scale are cost advantages reaped by companies when production becomes efficient".
Oscarz Aviation's Web site, GoOscarzAv, informs customers about a wide variety of services offered by the firm. It also has a guestbook where customers can provide feedback on their experiences with Oscarz Aviation. They can also view videos Oscarz Aviation posts, as well as read and respond to blogs and ask questions. GoOscarzAv is an example of a(n) ________.
A) online social network
B) blog
C) kiosk
D) branded community Web site
E) digital catalog
Answer:
D)
Explanation:
Based on the information provided within the question it can be said that GoOscarzAv is an example of a branded community Web site. This is a internet site that contains the company's brand, and in which the community can connect to in order to talk about their experiences and different topics regarding the brand itself.
GoOscarzAv is an example of a branded community Web site that provides a mix of services including customer feedback, media sharing, and interactive elements catered to the brand's customers.
Explanation:Oscarz Aviation's website GoOscarzAv, which provides information about various services, customer feedback via a guestbook, video content, blogs, and a platform for questions and answers, is an example of a(n) branded community Web site.
This type of site is tailored specifically for a company's customers, creating a space where they can interact, share experiences, and engage with the brand. Unlike generic social networking sites, a branded community is focused on one brand and often integrates various elements such as media sharing, microblogging, and online forums.
In this case, GoOscarzAv offers a blend of these features to enhance customer interaction with Oscarz Aviation.
The beta coefficient:________________________. a) is a standardized measure of the risk per unit of return. b) measures the tendency of two stocks’ returns to move together. c) is a metric that shows the extent to which a given stock’s returns move up and down with the stock market portfolio. d) measures that part of a security’s risk associated with random events that can be eliminated by proper diversification. e) is a metric that shows the tendency of a given stock’s returns to move up and down with government bon
Answer:
A metric that shows the extent to which a given stock's return move up and down with the stock markets portfolio.
Explanation:
The beta coefficient is a metric that shows the extent to which a given stock's return move up and down with the stock markets portfolio.
The total investment (GPDI) is for both replacement of destroyed capital (CFC) and new additions which are called ____________..
Answer:
Net Private Domestic Investment (NPDI)
Explanation:
The gross private domestic investment (GPDI) measures the total private investment component of the gross domestic product (GDP). The GPDI serves an an indicator of an economy's future productive capacity. Net Private Domestic Investment (NPDI) is GPDI minus depreciation of current investments.
Classical Economics assumes there is neither __________ nor international trade involved with the economy..
Answer: Government
Explanation:
Classical theory of economics states that the economy is self regulated and operates at full employment. It states that the economy is fully capable of achieving real GDP output when employment is full. It assumes that there is neither government nor international trade involved with the economy.
There are a number of specific steps in the appraisal process. What is the final step?
Answer:
To Prepare an appraisal report
Explanation:
The steps which are involved in the appraisal process are:
1. Stating the purpose.
2. Listing the data needed and its source
3. Gathering, recording and verifying the data.
4. Gathering, recording and verifying the specific data.
5. Gathering, recording and verifying the data for each approach.
6. Analyzing and interpreting the data.
7. Reconciling the data for the final estimation.
8. Prepare an appraisal report.
GDP does not include the sale of ________ products since these are not new production..
Answer:
Used
Explanation:
GDP does not include the sale of used products because those are not new production at all. GDP can include those products and services which are produced during a specific time frame. For example, the sale of a used car cannot be added back to the Gross Domestic Product as the price or cost of that car was already in the calculation of GDP.
Kevin is an agent for Lookout Mountain Accountants, Inc. On Lookout Mountain's behalf and at its request, Kevin pays Nathan for software designed for the management of Lookout Mountain's services. Kevin's right to obtain the amount of those payments from Lookout Mountain arises under the principal's duty of Select one: a. indemnification. b. compensation. c. cooperation. d. reimbursement.
Answer:
(d) Reimbursement
Explanation:
A reimbursement is a repayment for cash you've just spent. At the point when you travel for work, you get a repayment for your business related costs, similar to inn bills and boarding passes, however you'll need to pay for that outing to the bazaar yourself.
The cost repayment process enables bosses to take care of workers who have gone through their own cash for business-related costs. At the point when representatives get a cost repayment, commonly they won't be required to report such installments as wages or pay
During January of Year 6, Doe Corp. agreed to sell the assets and product line of its Hart division. The sale was completed on January 15, Year 7, and resulted in a gain on disposal of $900,000. Hart’s operating losses were $600,000 for Year 6 and $50,000 for the period January 1 through January 15, Year 7. Disregarding income taxes and assuming that the criteria for reporting a discontinued operation are met, what amount of net gain/(loss) should be reported in Doe’s comparative Year 7 and Year 6 income statements? Year 7 Year 6
Answer:
Doe Corp. must report a $850,000 net gain during year 7, and a $600,000 net loss for year 6.
Revenue must be recognized when the earnings process is reasonably completed and Doe finished the sale of its assets on January 15, Year 7, therefore the $900,000 revenue has to be included in that year's income statement.
The maximum seller-paid closing costs on a new FHA loan for a house being purchased for $200,000 is $6,000.
Answer:
False
Explanation:
For FHA loans, the seller or the buyer can pay for the closing costs. In case the seller agrees to pay the closing costs for the buyer, the total selling costs can sum up to 6% of the total purchase price.
Therefore, if the seller is paying the closing costs and the purchase price is $200,000, the maximum the seller will have to pay is $12,000 (= $200,000 x 6%).
On January 1, Year 4, Dart, Inc., entered into an agreement to sell the assets and product line of its Jay Division, which met the criteria for classification as an operating segment. The sale was consummated on December 31, Year 4, and resulted in a gain on disposal of $400,000. The division’s operations resulted in losses before income tax of $225,000 in Year 4 and $125,000 in Year 3. For both years, Dart’s income tax rate is 30%, and the criteria for reporting a discontinued operation have been met. In a comparative statement of income for Year 4 and Year 3, under the caption discontinued operations, Dart should report a gain (loss) of:________________.
Year4 Year3
A. $(122,500) $(87,500)
B.$(122,500) $0
C. $(157,500) $(87,500)
D.$(157,500) $0
Under discontinued operations, Dart should report a net gain of $122,500 for Year 4 as a result of operational losses after tax and a gain on disposal after tax, and a net loss of $87,500 for Year 3, only accounting for operational losses after tax.
Explanation:In determining the gain or loss from discontinued operations, we need to consider the results of operations (losses before income tax) and the gain from the disposal of the division, taking into account the effect of taxes. For Year 4, Dart Inc. had a loss before taxes of $225,000 and a gain on disposal of $400,000. The income tax effect at the rate of 30% must be taken into account for both the operational loss and the gain on disposal.
Year 4 operational loss before tax: $225,000Tax effect on operational loss for Year 4 (30% of $225,000): $67,500Year 4 gain on disposal before tax: $400,000Tax effect on gain for Year 4 (30% of $400,000): $120,000Net gain for Year 4: Gain on disposal after tax ($400,000 - $120,000) minus operational loss after tax ($225,000 - $67,500) = $280,000 - $157,500 = $122,500For Year 3, the division incurred a loss before income tax of $125,000 and operation of the division did not result in any gain as the disposal occurred in Year 4.
Year 3 operational loss before tax: $125,000Tax effect on operational loss for Year 3 (30% of $125,000): $37,500Net loss for Year 3: Operational loss after tax ($125,000 - $37,500) = $87,500Therefore, under the caption discontinued operations, Dart should report a net gain of $122,500 for Year 4 and a net loss of $87,500 for Year 3. The correct answer is option B.
The Pie ________ command can be used to move individual slices of a pie away from the center, emphasizing individual value.
Answer:
explode
Explanation:
The pie explode command can be used to move individual slices of a pie away from the center to emphasize individual value of the pie. The ie explode command seperates the pies and then allows each pie to be seperated individually.
A type of operational budget that involves adding one additional month to the budget as each month goes by is called a ________.a. monthly replacement budgetb. static budgetc. long-term goal budgetd. continuous budget
Answer: (D) Continuous budget
Explanation:
A continuous budget is one of the type of operational budget that continuously adding the monthly updates of the budget in the specific period of time.
The main advantage of this type of continuous budget is that the company budget is adding each month dynamically and this type of approach revise the budget constantly according to the budget model.
According to the given question, the operational budget which involve adding the budget in each month then it is called as continuous budget and it is prepared in each fiscal year.
Therefore, Option (D) is correct.
The Little Guys make up only 3% of the 2012 federal budget.
Which of the following is true of supply chain management systems?
A. They are shorter than the average channel of distribution.
B. Virtually any company that participates has benefited from lower costs.
C. They can help to make a company more responsive to market changes but at a higher cost.
D. They create a more efficient method of distribution by widening the channel to include suppliers.
Answer:
D) They create a more efficient method of distribution by widening the channel to include suppliers.
Explanation:
Supply chains management is a chain that involves all the activities of the firms. From procuring of supplies to value adding and manufacturing to delivering the to consumers. Thus by incorporating each stage of business and firms involved they make the overall distribution more responsive and efficient by including all partner companies and suppliers. Thus the create efficiency by widening the channel.
All the other options are consequential which may or may not always be true.
Hope that helps.
D. They create a more efficient method of distribution by widening the channel to include suppliers.
Explanation:Of the options provided, the correct statement about supply chain management systems is D. They create a more efficient method of distribution by widening the channel to include suppliers. Supply chain management systems involve the coordination and integration of various activities and processes across suppliers, manufacturers, distributors, and retailers to ensure the smooth flow of products and services. By widening the channel to include suppliers, companies can gain better control over the entire supply chain, leading to increased efficiency and reduced costs.
Learn more about Supply Chain Management Systems here:https://brainly.com/question/33451842
#SPJ6
painting is acquired by an individual for use in his home. The painting is not of investment quality. It is later sold at a loss of $45. Which of the following statements is correct? The painting was a capital asset. The loss on the painting is not deductible. The loss on the painting is a deductible capital loss. The painting was an ordinary asset. a. and b.ting is acquired by an individual for use in his home. The painting is not of investment quality. It is later sold at a loss of $45. Which of the following statements is correct?
Answer:
The correct answer is e. a. and b.
Explanation:
Capital assets are assets of a permanent nature used in the production of income, such as machinery, buildings, equipment, land, etc. It must be distinguished from inventory.
Painting is a capital asset, but it is also a personal use activity asset sold at a loss. The loss is not deductible.
In order for a taxpayer to be able to deduct the loss on a business activity in which she is an owner, she must demonstrate that she in the conduct of the business. If she does NOT, the activity is considered to be a passive activity.
a) true
b) false
Answer: The correct answer is "a) true".
Explanation: In order for a taxpayer to deduct the loss of a commercial activity of which he is the owner, she must prove that she is materially involved in the conduct and direction of the business, since if she does not prove it, it is considered a passive activity from which she cannot deduct the loss.
is it possible for accounting profit to be positive and economic profit to be negative?
Answer:
Yes.
Explanation:
We know,
Accounting profit = Revenue - Explicit cost.
Economic profit = Revenue - Explicit cost - Implicit cost
Explicit cost is the day to day expenses, while the implicit cost is the expanses that have already occurred.
Therefore, the explicit cost may not be higher than the revenue. So accounting profit can be positive.
However, as we have to deduct the explicit cost as well as implicit cost from economic profit, it can be positive, negative, or even zero. So the statement is correct.
It is possible for accounting profit to be positive and economic profit to be negative when the implicit costs used in calculating economic profit are greater than the accounting profit. This indicates that the resources used in the business could generate higher returns if invested elsewhere.
Explanation:Yes, it is indeed possible for accounting profit to be positive while economic profit is negative. This scenario arises due to the difference in what is considered a cost in the computation of each type of profit. Accounting profit is total revenue minus explicit costs, which are direct, out-of-pocket expenses. It does not consider implicit costs, which are the opportunity costs of using resources in one way instead of another. These might include the entrepreneur's time or the potential earnings that could have been generated if capital had been invested elsewhere.
On the other hand, economic profit is total revenue minus total cost, including both explicit and implicit costs. Even when a business is generating a positive accounting profit, if the implicit costs are higher than this accounting profit, the economic profit may be negative. This translates to the business not being as profitable as it could be if the resources had been invested elsewhere. This difference is important because while a business pays income taxes based on its accounting profit, whether it is economically successful depends on its economic profit. The decision to continue a business would depend on positive economic profit.
Learn more about Accounting and Economic Profit here:https://brainly.com/question/32461520
#SPJ12
Sara believes that she was rejected for a position at Trek n' Travel Agency on the basis of her race. Sara files a suit against Trek n' Travel under the Civil Rights Act of 1964. To establish a prima facie case of employment discrimination, Sara must show all of the following except thata. she is a member of a protected class.b. she applied and was qualified for the job in question.c. she was rejected for a position by Trek n' Travel.d. other persons of her race hold similar positions with other similar employers.
Answer:
(d). other persons of her race hold similar positions with other similar employers.
Explanation:
Under the Civil Rights Act of 1964 a prima facie case of discrimination is only concerned with the plaintiff (employee) case of discrimination against their employer alone.
Therefore, Sara's proof of evidence would EXCLUDE other similar employees dealings with persons of her race who hold similar positions
However it may be included as proof in court if after her rejection, "her employer" (Trek n' Travel Agency) accepted applicants with the same qualifications.
With an interest rate of 5 percent, the present value of $100 received one year from now is approximately
A) $100.
B) $105.
C) $95.
D) $90.
Answer:
$95
Explanation:
One Dollar today is not the same as tomorrow because of time value of money. So if I am left with an of option of getting one dollar today or tomorrow, I would prefer having it today because the sum can be invested today to earn more by way of interest. Basically, the same amount of amout money receivable at different time periods are never the same.
The application of time value of money entails working out present value. Present value is the worth now of a sum expected at future date assuming that investment can be made at a given interest rate.
To calculate the present value of a single sum, use the formula below:
PV= FV/(1+r)∧n
Where FV = Future value, PV= Present value and n=no of periods, r= interest rate per period in decimal
in this question, PV= 100/(1+0.05)= $95
The present value of $100 received one year from now with an interest rate of 5% is approximately $95.
c is correct
Explanation:The subject being asked here relates to the concept of Present Value, a foundational principle in finance. To determine the present value of $100 received one year from now at an interest rate of 5%, we use the formula for present value, which is PV = FV / (1 + r)^n.
In this case, FV (Future Value) is $100, r (interest rate) is 5% or 0.05 and n (number of periods) is 1 year. Substituting the values, we get PV = 100 / (1 + 0.05)^1 = $95.24. Hence, the answer is option C) $95.
https://brainly.com/question/33200568
#SPJ11
Depreciation expenses affect taxminusrelated cash flows by
A. decreasing taxable income, thus reducing taxes.
B. increasing taxable income, thus increasing taxes.
C. decreasing taxable income, but not altering cash flows since depreciation is not a cash expense.
D. all of the above.
Answer:
A. decreasing taxable income, thus reducing taxes.
Explanation:
Depreciation is an accounting technique that spreads the cost of a physical asset over its useful life. The cost of an asset is divided by the number of its useful years using an appreciate formula. Depreciation is in line with the expense and income matching principle.
The depreciation amount for each year is treated as an operating expense to the business. It is deducted from the gross profits while calculating net profits. Depreciation reduces the net profit and, consequently, taxable income. It, therefore, reduces the amount payable as tax.
When two adjacent pieces of property are joined together, the value of the one larger parcel may be greater than the value of the two separately. Which principle of value is this?
Answer:
Assemblage with reference to the principle of value
Explanation:
Assemblage in real estate represents the combination of two or more parcels of land with goal of selliing them as one parcel. The reason for assemblage as also asked in the question is the fact that the combination of the lands tends to bring a price that is bigger than the combined price of selling the lands separately
For instance, Property A sells for $100,000 while Property B sells for $50,000. Selling these two separately brings a totla of $150,000. However, combining Properties A and B may give the impression of a really massive property that can then be sold for $200,000.
Also, a buyer may not be really interested in a piece of property but adding an other piece of property just beside the first could kindle more interest making the buyer willing to pay more for the combined property.
The Principle of Association is the principle of value that is represented when two adjacent pieces of property are joined together and the value of the one larger parcel is greater than the value of the two separately.
Explanation:The principle of value that is represented when two adjacent pieces of property are joined together and the value of the one larger parcel is greater than the value of the two separately is the Principle of Association. This principle states that when remains of the past are in close proximity to each other, they likely date to the same time period.
For example, if two smaller properties are combined to create a larger property, the overall value may increase due to factors such as increased land size, improved location, and other amenities.
This principle highlights the concept that combining properties can create value by leveraging their proximity and synergies.
The column headings on a statement of stockholders' equity best represent a.the column designations in the Stockholders' Equity section of the balance sheet. b.the row designations in the Stockholders' Equity section of the balance sheet. c.the column headings on the retained earnings statement. d.None of these choices are correct.
Answer: the row designations in the Stockholders' Equity section of the balance sheet.
Explanation: In simple words, statement of changes in equity refers to the financial statement of an organisation that represents the changes that occurred in the company's share capital , accumulated reserves and retained earnings over a specified period time, generally a year.
The columns of such a statement usually deficits the data for which the statement is made and the period for which the capricious is done or forecasting is done for future. These columns depicts the nature of amounts that are recorded with in rows with their titles in the first row.
Suppose you manage a corner grocery store. If peanut butter is an inferior good, what do you suppose would happen to the price and quantity sold of peanut butter as incomes fell during a recession?
a. The price would increase and the quantity would decrease.
b. The price and quantity would both decrease.
c. The price and quantity would both increase.
d. The price would decrease and the quantity would increase.
Answer:
c. The price and quantity would both increase.
Explanation:
Based on the information provided within the question it can be said that during a recession when consumer income drops, the price and quantity of peanut butter would both increase. This is because an inferior good is those in which a decrease in consumer income causes and increased purchase and price of the product. Therefore since peanut butter is an inferior good this will happen.
Mike Hansen has adjusted gross income of $28,000. During the year, Mike decided he needed a larger home. He purchased a home on a golf course in the same town as his first home. Mike incurred $7,500 in moving expenses. How much of this can he deduct from adjusted gross income?
Answer: The whole of $7,500 moving expenses
Explanation:Mike Hansen is entitled to the deduction of $7,500 moving expenses from his adjusted gross income.
The IRS now allows employees to deduct any moving expenses incurred by them to be deducted from their adjusted gross income before taxation.