now that you've delivered the bad news to kenisha that the radio-drm prototype will not be going into production, it's time to give her information about the reasons why the prototype was rejected. you have identified three major issues with respect to the prototype: consumers in the focus groups perceived the product to be too complicated and not user-friendly. production costs of the product are too high versus the price consumers appear to be willing to pay. consumers in the focus group objected to the size of the unit. in which order do you believe you should address these issues with kenisha? (please note: no points are assigned to this question, and there is no incorrect answer. this will simply determine your perception of the priority these issues.)

Answers

Answer 1

The following will be the order in which I believe I will address the issues with Kenisha

Production costthe complexity of the productSize of the product

I have chosen this order because this order is starting from the most important issue to the least important issue. High production cost is a more serious issue than the consumers in the focus group objecting to the size of the product. I have kept the most serious and important issue at the beginning because usually, a listener has a listening attention capacity of not more than 10 to 15mins.

So, I assume Kenisha will listen to me attentively for just starting 10 to 15mins of our conversation. So, in these 10-15 mins I would like to focus and discuss more on the most important issue which is why I canceled the prototype and later followed by the two least important issues. As she needs to understand why I canceled her prototype and what is the major issues in her prototype so that she can improve them and don't repeat them in the future.

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Related Questions

if sellers produce less than the equilibrium quantity, the marginal benefit to buyers the marginal cost to sellers, so when producers increase their production, they the economic surplus.

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If sellers produce less than the equilibrium quantity, the marginal benefit to buyers is higher than the marginal cost to sellers, so when producers increase their production, they decrease the economic surplus.

Producer surplus is the difference between what a person would accept for a specific quantity of a good and what they could make by selling the good at the going rate. The producer benefits from selling the good on the market when there is a difference or surplus amount.

When market prices are higher than the lowest price producers would otherwise be willing to accept for their goods, a producer surplus is created. This could be relevant to Walras' law.

The total economic gain from taking part in the production and trade of the good is represented by the sum of the producer surplus and consumer surplus.

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a price floor (support price) set above equilibrium: group of answer choices is a minimum legal price set by government above equilibrium. causes the quantity supplied to exceed the quantity demanded. creates a surplus. can represent the effect of a minimum wage. all of these.

Answers

When a base is about on top of the equilibrium price, the amount equipped can exceed the amount demanded, and excess offers or surpluses can result.

Once government laws regulate costs rather than rental economic processes verify costs, it's referred to as control. A base may be a price floor where a product or service is allowed to sell. Several agricultural merchandises have value floors obligatory by the govt. The foremost necessary example of a base is earnings. A value ceiling may be the most value that may be charged for a product or service.

A floor price must be higher than the equilibrium price to be effective.

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Answer:all of these

Explanation:

the answer is "all of these"

What is jerry’s auto insurance agent trying to tell him? what will jerry need to do in order to pay a lower deductible?.

Answers

Jerry will need to Increase the collision deductible to $500 in order to pay a lower deductible.

What is a deductible?

You may be familiar with the phrase "deductible" in relation to the price of your health insurance. However, what precisely is a deductible? The true meaning is as follows: Your annual deductible is often the sum of money you, as a member, must fork over each year before your health plan starts to pay for authorised amounts for covered medical care. This does not include any potentially automatically covered preventive services. Depending on your plan, your deductibles may be high or low, which could change how you pay for medical expenses. HDHP is another name for a high deduction health plan. The term "LDHP" might refer to a low deductible health plan.

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as a general rule of thumb, which principle holds that all decisions should be made assuming that the decision would be applied to everyone else in similar circumstances?

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The generalization principle requires that the motives for your action be constant with the assumption that anybody with the equal motives acts the identical way.

The reasons for your motion are the stipulations underneath which you would perform the action.

Why is generalization vital in psychology?

It is essential because it increases the probability that the learner will be successful at finishing a task independently and now not have to count on the assistance of a sure instructor or substances solely discovered in one instructing setting.

For example: – All birds have wings. – Many kids consume cereal for breakfast.

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You are planning an upcoming trip to namibia for a service project. The research on facial expressions and emotion would suggest you should.

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You're getting ready to go to Namibia on a humanitarian mission. You should "resume that you are reading the Namibians' facial expressions appropriately," according to research on facial expressions and mood.

The Universal Language of Facial Expression

Paul Ekman asserted that people can consistently infer emotional states from facial expressions all throughout the world, demonstrating the universality of emotional displays. Considering that facial expressions are a universal language that anyone, regardless of origin or language, can understand, the ideal response, according to this research, is to make sure that you are accurately interpreting Namibians.

Facial expressions like smiles and frowns can be used to communicate when others are speaking languages they are unable to understand. Without a question, facial expressions remain the most fundamental way that people communicate with one another. This is because everyone immediately knows the simple universal language of facial emotions.

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which of the following is not an advantage of a decentralized operation? a.each manager has his or her own sales force and administrative staff. b.it allows for better decision making. c.managers focus on their area of responsibility. d.it provides training for managers.

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Ability of Managers: In a decentralized organization, managers of various units make choices at their appropriate levels.

Which of the following pertains to decentralized operation's drawbacks?

Answer and justification Decentralization has the drawback that d) it makes obtaining goal congruence difficult. Decentralization promotes diversity and individuality among areas and divisions, but also makes it harder to rally a business around overarching goals. Disadvantages. There is a lot riding on the choices made by numerous employees in a decentralized firm. This means that the organization as a whole may suffer if some of those lower-level managers lack training, experience, education, or competence. Increased expertise within each division, speedier decision-making, improved time management at the top management levels, and increased division manager motivation are all benefits of decentralized companies.

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A strategy in which a player cooperates until the other player defects and then defects until the other player cooperates again.

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Titfor-tat is a strategy in which player cooperates until other player defects and then defects until other player cooperates again.

What is a strategy ?

In the face of uncertainty, a strategy is a general plan to carry out one or more long-term or overall aims. The phrase was first employed in the 6th century C.E. in terms of Eastern Roman terminology, and it wasn't until the 18th century that it was translated into Western vernacular languages in the sense of the "art of the general," which included a number of subsets of skills such as military tactics, siegecraft, logistics, etc. From that point on, and up until the 20th century, the word "strategy" came to denote "a comprehensive manner to try to advance political aims, including the threat or actual use of force, in the dialectic of wills" in military battle, in which both the opponents interact.

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which of the following is not among the recommended actions for divorcing clients? which of the following is not among the recommended actions for divorcing clients? determine whether accelerated death benefits or viatical settlements are available to assist with cash flow needs. analyze all liabilities to determine if there are joint obligations that cannot be severed. gather data to get a clear understanding of the current and projected financial situation. analyze retirement cash flow needs.

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Examine every obligation to determine whether there are joint obligations that cannot be met.

As counsel, co-counsel, or by assuming joint responsibility, a lawyer may not withhold information for their own benefit.

GDPR defines a joint controller.

The primary decision-makers are controllers, who have overall control over the purposes and methods of personal data processing. Joint controllers exist when two or more controllers jointly determine the purposes and means of processing the same personal data.

What are a data controller's responsibilities?

The purposes and methods for which personal data are processed are determined by the data controller. In this way, if your organization/association chooses 'why' and 'how' the individual information ought to be handled it is the information regulator.

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Private markets fail to account for externalities because

A. externalities don't occur in private markets
B. sellers include costs associated with externalities in the price of their product.
C. decision makers in the market fail to take account of the external effects of their behavior
D. the government can easily correct any adverse effect on the market that externalities may cause

Answers

Private markets fail to account for externalities because decision makers in the market fail to take account of the external effects of their behavior.

Hence, option C is the right answer.

Investments made in assets not listed on a public exchange or stock market are known as private markets. This might include, for instance, direct lending from investors to borrowers in the absence of a market for trading the debt, or private debt, which refers to investments made in private enterprises.

The fact that private equity investors are often compensated through distributions rather than stock accumulation is one of the greatest distinctions between private and public equity. Since the majority of publicly traded equities are available and simple to trade every day through public market exchanges, public equity has the benefit of being liquid.

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Operational, transactional and ________ systems are examples of a source system for a data warehouse.

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Operational, transactional and Enterprise Resource Planning systems are examples of a source system for a data warehouse.

The term "enterprise resource planning" (ERP) refers to a class of software that businesses use to oversee routine operations including accounting, purchasing, project management, risk management, and compliance. Enterprise performance management, a piece of software that aids in planning, budgeting, forecasting, and reporting financial outcomes for a business, is also a component of a full ERP suite.

ERP systems enable data to flow between various company operations and connect them all together. ERP systems guarantee data integrity with a single source of truth by gathering an organization's shared transactional data from several sources, eliminating data duplication.

Today, ERP systems are essential for running thousands of organizations across all sectors and sizes.

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What are good sides and bad sides of breaking news and some examples why is it bad/good?​

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Answer:

breaking news may have a bad news example of bad news is fake news

Answer:

In my opinion, I see that the good side of news is that it help people be more aware of what's going around, and some may contribute to the rise in support for some fundings and charity programs for example: if a breaking news about a victim of any crime for example stolen house is displayed, an interview can give a voice to the victim to speak out and maybe raise fundings to repair all stolen goods or damaged items. On the other hand, some breaking news can end up sending out the wrong message and information for example talking about untrustable information, which may later on turn out to be wrong this can cause rumors.

[defective computer] carmen went to buy a new computer from abc computer sales. the manager, jared, told her that abc carried the best computers in the state and perhaps even in the country. unfortunately, after carmen bought the computer and took it home, she discovered that it had a number of problems. when she took it back to the store, jared told her that he was sorry, he was simply giving his opinion when he sold her the computer, and that the store never offers any kind of express or implied warranty on products. jared told her that is why he never mentioned warranties - because they were not provided. jared's defense would be that he was only giving his opinion when he said the store carried the best computers in the state, even in the country. that is known as .

Answers

No, as the computer came with a merchantability guarantee when it was sold.

What is the merchantability guarantee?

A warranty known as a "warranty of merchantability" states that a product is suitable for the usual and intended purpose for which it was sold. In U.C.C.  2-314, the term "implied warranty of merchantability" is defined.

What does it mean to be non-merchantable?

A product is considered merchantable if it can reasonably be used for the typical purposes for which it is produced and sold. Soap, for instance, can be sold if it cleans. A seller or manufacturer must generally produce goods of a quality that can be sold.

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What is the major agency charged with ensuring that the u. S. Food supply is safe, wholesome, sanitary, and properly labeled?.

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The Food Safety and Inspection Service (FSIS) of the USDA makes sure that the meat, poultry, and processed egg supplies in our country are healthy, secure, and correctly labelled.

What is Food Safety and Inspection Service?

The United States Department of Agriculture's (USDA) Food Safety and Inspection Service (FSIS) is the public health organisation in charge of assuring that the commercial supply of meat, poultry, and egg products in the country is secure, wholesome, and properly labelled and packaged. The Federal Meat Inspection Act of 1906, the Poultry Products Inspection Act of 1957, and the Egg Products Inspection Act of 1970 grant the FSIS its power. The FSIS also serves as the country's department of health, and it is in charge of conducting company investigations and ensuring the security of public dining venues. With some exceptions like egg products, food products that include more than 3% meat or 2% poultry products fall under the purview of FSIS and must therefore undergo inspection.

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the price of a 3-year zero coupon government bond is 87.62. the par value of the zero coupon government bond is $100. the price of a similar 4-year bond is 78.81. what is the yield to maturity (effective annual yield) on the 3-year bond?

Answers

According to the given information, the yield to maturity (effective annual yield) on the 3-year bond is  4.5038404%

Three-year par value Bond with zero interest = $100

3 year zero coupon bond costs $87.62.

The following formula can be used to calculate a bond's effective yearly yield:

=  [tex]\frac{face value}{price}^(^1^/^y^e^a^r^s^ t^o^ m^a^t^u^r^i^t^y^) -1[/tex]

Hence effective annual yield on 3 year zero coupon bond is:

=  [tex]\frac{100}{87.62} ^(^1^/^3^) -1[/tex]

= [tex]1.141291942^(^1^/^3^) -1[/tex]

= 1.045038404-  1

= 0.045038404 i.e. 4.5038404%

Effective annual yield on 3 year zero coupon bond is 4.5038404%

The return on a bond with its interest payments (or coupons) reinvested at the same rate by the bondholder is known as the effective yield. Effective yield, as opposed to nominal yield, which is the stated interest rate of the bond's coupon, is the total return received by the investor. While nominal yield ignores the impact of compounding on investment returns, effective yield does.Bondholders can gauge their bond yields in a number of ways, including effective yield. The annual return on a bond calculated using its current price rather than its face value and its annual coupon payments is known as the current yield.

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a consumer who dislikes a celebrity sees that celebrity endorsing a favorite product and winds up feeling slightly more positive about the celebrity. what effect just took place?

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The effect of (C) positioning just took the place.

What is Positioning?Positioning is a term used to describe how a brand is perceived by consumers, how it stands out from that competitors' products, and how it differs from the idea of brand awareness. Companies can use the marketing mix to position their products or brands by emphasizing their distinctive qualities, or they can try to project the right image (cheap or expensive, utilitarian or luxurious, entry-level or high-end, etc.) through their branding strategies. It can be challenging to reposition a brand once it has established a solid position.Positioning occurs when a consumer who dislikes a celebrity sees the celebrity endorsing a favorite product and ends up feeling just a little bit better about the celebrity.

Therefore, the effect of (C) positioning just took the place.

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Complete question:

A consumer who dislikes a celebrity sees that celebrity endorsing a favorite product and winds up feeling slightly more positive about the celebrity. what effect just took place?

(A) Congruity

(B) Distinction

(C) Positioning

(D) Attention transfer

(E) Linkage

what was the status of US workplace safety laws in 1900?

Answers

Most states had handed a few protection laws, however enforcement varied.

The required details for Safety Law in given paragraph

Safety Law manner any federal, state, local or overseas law, statute, ordinance, rule, regulation, order, decree, judgment, injunction, permit, license, authorization or other binding requirement, or not  law, pertaining  to meals protection and quality, including all through the growing, packing, storage, handling or transportation phases.

When the Secretary of State determines that the proprietor of a car has now no longer paid a civil penalty or a agreement settlement bobbing up from the violation of regulations followed below the Illinois Motor Carrier Safety Law or the Illinois Hazardous Materials Transportation Act or that a car, irrespective of ownership, became the situation of violations of those regulations that led to a civil penalty or agreement settlement which stays unpaid.

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specify which process costing method this company is using. explain how you came to that conclusion.4

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Process costing is an accounting technique typically used by companies that produce identical or very similar commodities or output units in large quantities.

What is process costing?

A manufacturing process's direct expenses are tracked, tallied, and distributed using a methodology called process costing. A month's worth of manufacturing may be included when assigning costs to products, which typically happens in large batches. Costs must eventually be divided across the many product units. It is the antithesis of job costing, which seeks to quantify the specific costs of producing each unit, in that it gives average costs to each unit. Typically, the chapter on process costs is important. It is a technique used to allocate expenses to manufacturing units in businesses that produce massive amounts of uniform goods. Process costing is a sort of operation costing that is employed to determine the cost of a product at each process or step of manufacture.

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What is the forecasted value of property, plan and equipment (pp&e) based on the following information: capital asset turnover ratio: 2. 5 forecasted revenues: $120 forecasted costs of goods sold: $80.

Answers

For the time period mentioned in the aforementioned statement, the anticipated value of the property, plan, and equipment is $48.Using the values provided by the formula, the calculations can be implied.

When using ratios to estimate the company's current, short-term, and long-term capital requirements for a given period, the value of the property, plan, and equipment is crucial.

We are given the following figures: the capital assets turnover ratio is 2.5, the company's anticipated costs of goods sold are $80, and its anticipated revenues are $120.

As a result, $48 was obtained for the company's anticipated PP&E.

As a result, the correct statement for the company's anticipated PP&E is $48, despite the fact that the anticipated revenues are $120, and the assets turnover ratio is 2.5.

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Rather than carrying 15 brands of laundry detergent, ________ offer one or two brands and sizes, one of which is a store brand.

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Rather than carrying 15 brands of laundry detergent, limited-assortment supermarkets offer one or two brands and sizes, one of which is a store brand.

What are limited - assortment supermarkets?

Limited-assortment supermarkets are supermarkets that do not stock up on too many different brands of a particular product. They store only one or two brands in a few sizes to reduce the needs to make a difficult decision for consumers that come to their supermarkets and can't pick out a product because there are so many of them.

One of the product offered on display to consumers at limited-assortment supermarkets is often a store brand. This provides the limited-assortment supermarkets with an alternative source of income because they are not able to offer too many products. It is also worthy of note that limited-assortment supermarkets will often stock off - brand products. This makes such supermarkets cheaper than regular ones.

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if a fund sponsor allows an investor to move funds from one fund to another within its fund family, this is called

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An exchange privilege. Exchange privilege is the right granted to shareholders of mutual funds to switch their investment from one fund to another within the same fund family.

Investors who use the exchange privilege within a fund family can adjust their investment strategy in accordance with the state of the market and typically benefit from the numerous funds provided by the mutual fund firm. There might be some exchange costs or capital gains taxes, though the former is often quite little. An investor can benefit from exchange advantages in numerous ways. For starters, the investor can employ rotating techniques that respond to market situations by using the exchange privilege. To protect capital and benefit from market movements that may present possibilities for capital appreciation, investors can rotate into and out of various funds using rotational techniques. Investors who are close to retiring can benefit from exchange rights in a different way. As retirement draws close, exchange privileges enable an investor to switch from higher-risk funds to more conservative funds. Do-it-yourself investors frequently use these tactics because they can cut some of the costs associated with full-service advisory services.

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the blank form of accounts receivable confirmations may be inefficient because group of answer choices shipping documents need to be inspected. recipients may sign the forms without proper investigation. more nonresponses to the requests are likely to occur. subsequent cash receipts need to be verified.

Answers

The blank form of accounts receivable confirmations may be inefficient because  more nonresponses to the requests are likely to occur.

What is Negative Confirmation?Auditors frequently use "negative confirmation" to gather audit evidence from external stakeholders.Positive confirmation, blank confirmation forms, and negative confirmation are the three different kinds of confirmation forms.Negative confirmation works best when the likelihood of a major misstatement, as well as inherent and control risk, are both minimal.

Types of Confirmation Decisions

Positive confirmation

a letter to the debtor asking for direct confirmation of the veracity of the account balance. If incorrect, the debtor is required to adjust the account balance and provide a justification for the discrepancy. If accurate, the debtor just needs to reply with a confirmation of the account balance.

Blank confirmation form

A sort of positive confirmation called a blank confirmation form calls for the debtor to send back a letter outlining the account balance. To confirm correctness, the figure is then cross-referenced with the indicated receivable balance.

Negative confirmation

a letter indicating a particular account and the value of its balance that is sent to the debtor. The third party has two options: either they can choose to reject the balance and provide their number for the suggested account, or they can decide not to reply to the letter. Confirmation is an indication of a different balance or a lack of reaction.

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which of the following is often associated with an increasing employment rate of women in living wage occupations? a.) less access to education b.) higher standard of living for families c.) fewer resources for children d.) increased population growth

Answers

Higher standard of living for families is often associated with an increasing employment rate of women in living wage occupations

Option B is correct.

Standard of living:

Standard of living refers to the position of wealth, comfort, material goods, and musts available to a certain socioeconomic class or geographic area. Quality of life, on the other hand, is a private term that can measure happiness.

Why is the standard of living important?

Standard  of living can affect multiple factors of a population, including happiness and productivity. This is important because the lesser productivity and happiness are, the better off an frugality tends to be as a whole.

What factors affect standard of living?

The standard of living is measured by effects that are fluently quantified, similar as income, employment openings, cost of goods and services, and poverty. Factors similar as life expectation, the affectation rate, or the number of paid holiday days people admit each time are also included.

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dart corporation's leverage ratio increased from 2.5 in 2020 to 3.0 in 2021. without looking at the financial statements, which statement best describes what may have occurred?
a. The company incurred new equity financing in 2018, but it may or may not have been
more profitable.
b. The company incurred new debt financing in 2018, making it more profitable.
c. The company incurred new debt financing in 2018, but it may or may not have been
more profitable.
d. The company incurred new equity financing in 2018, making it less profitable.

Answers

Dart corporation's leverage ratio increased from 2.5 in 2020 to 3.0 in 2021. without looking at the financial statements, The company incurred new equity financing in 2018, but it may or may not have been more profitable.

Company is a musical with tune and lyrics through Stephen Sondheim and ee-e book through George Furth. The unique 1970 manufacturing became nominated for a record-putting 14 Tony Awards, triumphing six. The company became written in a fashion without a chronological linear path. Its tale depicts the inner observations of its lead character, Robert.[1] Company is an idea musical composed of short vignettes related to Robert's thirty-fifth birthday.

Robert is a well-favored unmarried guy residing in New York City whose buddies are married or engaged couples. The couples are Joanne and Larry, Peter and Susan, Harry and Sarah, David and Jenny, and Paul and Amy. It is Robert's thirty-fifth birthday and the couple have accumulated to throw him a marvel party

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at the marriage of her daughter, lorna is given papers to sign, which the catering company says are the invoices for the food, service, and decorations. underneath the invoices is a contract of sale obligating lorna to buy the failing catering company for a price equal to ten times the value of the company. lorna signs all the papers including the contract of sale, thinking all the documents are invoices for the wedding.

Answers

The wedding ceremony planner invoice is a consignment that details a service price and provides an amount of time in which price should be sent.

This invoice is given to consumers after formally asking for the planner's knowledge regarding wedding ceremony preparation.

What is consignment with example?

An consignment is an itemized commercial file that records the products or offerings delivered to the customer, the complete quantity due, and the favored payment method. The vendor can send both paper or electronic invoices to the customer.

Does invoice suggest paid?

An bill is a demand for price (delivered both electronically or physically) that is sent with the aid of the vendor after the sale of goods/services has been completed, however earlier than price has been made. In essence, invoices are used to make certain that your business receives paid.

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during the financial crisis of 2008-2009, banks worldwide experienced losses driven by their portfolios of

Answers

Banks worldwide experienced losses during the financial crisis of 2008-2009 which was driven by their portfolios of real estate loans with the failed bank.

During the financial crisis, the real estate sector experienced a severe and heavy downturn. This crisis started in the United States, back then Reserves Bank decreased the interest rate to sustain price stability which resulted in increasing the demand for housing loans at such low-interest rates. In 2006, Due to an increase in interest by reserve banks, many subprime mortgage borrowers suffered, and as a result, they stopped paying the installments leading to a decrement in the CDO (Collateralized debt obligation) values. This crisis hit real estate badly due to which inflation took place which is called as Great Recession.

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mary owns a trucking company that hauls goods all over the country. wilson contracts with marcy's company to transport ten tractor-trailer loads of goods from ohio to texas. marcy has reason to believe the goods are stolen, but never asks wilson about it. the court would likely determine the contract:

Answers

Due to Marcy's company's justifiable ignorance of the fact that the products were stolen then court would probably rule that the agreement is binding.

What do you mean contracts?

A contract is an agreement between parties that establishes legal duties for both parties. The fundamental components necessary for the agreement to be a valid offer and acceptance, adequate consideration, capacity, and legality are mutual assent, expressed through a contract-compliant offer,

How do contracts work?

A legal agreement between two or more parties that outlines the steps they will or can't really take is known as a contract. A contract, which is enforceable by law, binds both parties to its terms and may outline what would happen if they are broken. Not all agreements are in writing.

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if the economy is in an inflationary gap, and the government attempts to balance the budget, the effect will be to a. counteract inflation. b. reduce the trade deficit. c. continue inflationary pressures. d. increase unemployment.

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if the economy is in an inflationary gap, and the government attempts to balance the budget, the effect will be to counteract inflation

What is counteract inflation?counteract inflation strategies that are more prevalent today include contractionary monetary policy. By raising interest rates, a contractionary policy seeks to reduce the amount of money in an economy. 5 Credit becomes more expensive as a result, which lowers consumer and company expenditure and slows economic growth.One of the best strategies for consumers to beat inflation is to invest in assets with returns higher than the rate of inflation. Instead of keeping cash on hand, experts often advise investing in diversified index funds based on broad market indices like the S&P 500.if the economy is in an inflationary gap, and the government attempts to balance the budget, the effect will be to counteract inflation

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brea is a business owner who is in charge of ensuring that her business earns enough money to pay the rent, pay the employees, and purchase new manufacturing machines when the old ones wear out. which of these resources best describes brea?

Answers

'Brea is a business owner who is in charge of ensuring that her business earns enough money to pay the rent, pay the employees, and purchase new manufacturing machines when the old ones wear out these resources best describe Brea's entrepreneurial ability.

Entrepreneurship skills can cover a wide range of different skills, such as technical skills, leadership and business management skills, creative thinking, and more.

Economic resources are defined as anything a business uses to produce goods or services for its customers. Also called factors of production, there are four major economic resources: land, labor, capital, and entrepreneurial skills.

Entrepreneurial skills include diverse skills such as leadership, business management, time management, creative thinking and problem-solving. These skills are applicable in many jobs and industries. These entrepreneurial skills are essential for driving innovation, business growth, and competitiveness.

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the lender's statement to the broker shows the loan amount of $119,225 and a net loan proceeds of $28,597.08. the broker received a $3,000 earnest money check and the balance due from buyer in the amount of $4,646.93. what amount will appear as a subtotal in the broker debit subtotal on the settlement worksheet?

Answers

The Net Loan Proceeds are entered on the settlement worksheet as a: debit to the broker, single entry.

What is a banking system?A bank is a type of financial institution authorized to grant loans and accept deposits for checking and savings accounts. Individual retirement accounts (IRAs), certificates of deposit (CDs), currency exchange, and safe deposit boxes are other services that banks offer.Retail banks, commercial or corporate banks, and investment banks are just a few of the several sorts of banks.Since the fourteenth century, at least, banks have existed. They give customers and business owners a secure place to store their cash as well as a way to get loans for both personal and professional endeavors.Banks provide loans and charge interest on them using the money that is deposited.Since the Medici family began dabbling in banking during the Renaissance, the basic business model hasn't changed much, but the variety of products that banks offer has expanded.

Hence, The Net Loan Proceeds are entered on the settlement worksheet as a: debit to the broker, single entry.

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Patel paving collected $1,000 cash in advance from a customer to provide paving services next month. the entry to record this cash receipt would include the following entries?
a. Debit to Unearned Paving Fees
b. Credit to Paving Fees Earned
c. U Debit to Cash
d. H Credit to Unearned Paving Fees
e. Debit to Paving Fees Earned
f. Credit to cash

Answers

The entry to record this cash receipt would include the following entries-

~Debit to cash~Credit unearned paving fees.

Credit is the ability to borrow money or access goods and services with the understanding that you will pay later. Credit is money borrowed from a bank or financial institution.

The amount borrowed is a loan. Usually, you have to pay off the debt with interest and fees. For example, if a person uses her Visa card to buy something, the person agrees to pay the bank back later, so the card is considered a credit. Credit can be given in the form of money or in other ways. Goods and services can be exchanged for another type of credit, postpaid.

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