During a listing presentation a seller asked a salesperson to: give an opinion of the list price, not disclose the seller's pending divorce, contact the seller at least weekly and give an opinion of the validity of the title. Which of the following should the salesperson NOT do?
1 Give an opinion of the list price.
2 Suggest improvements to increase value.
3 Contact them at least weekly.
4 Give an opinion of the validity of the title.

Answers

Answer 1

The salesperson during the listing of presentation should do all except give them an opinion on the validity of the title.

Which of the following should the salesperson NOT do?

Opinion regarding the validity of the title is a legal matter as the validity is determined by the advocate through legal jurisprudence and the salesperson should not have any opinion on this. A salesperson is an individua who is responsible for the sale of the product launched by any firm.

he should know all the details of the product like its use, benefits, cost and the why the product is better than other products available in the market.

He also has to report the firm about the number of sales he has done within a week, within a month and within a year. His salary totally depends on the number of sales he has done. He should also possess the knowledge about the target audience to whom he is going to sell the product.

To learn more about salesperson refer to:

https://brainly.com/question/13937269

#SPJ4


Related Questions

which of these actions would most likely decrease a person’s net worth for at least the next 6 months?

Answers

Buying a new car in cash would most likely decrease a person’s net worth for at least the next 6 months.

This is because buying a car in cash requires the person to liquidate assets such as investments, savings accounts, or other assets to pay for the car. This liquidation of assets would result in a decrease in the person’s net worth. In addition, the car is an illiquid asset that may not appreciate over the next 6 months, resulting in an overall decrease in the person’s net worth.

Therefore we can say that buying a new car will decrease a person's net worth.

Learn more about net worth:

https://brainly.com/question/27613981

#SPJ4

The correct question should be, which of these actions would most likely decrease a person’s net worth for at least the next 6 months? Buying a car or building a rented house?

For tax reasons, your client wishes to purchase an annuity that pays $90,000 each year for 9 years, with the first payment in one year. At an interest rate of 7% and focusing on time value of money without consideration of any fees, how much would the client need to invest now

Answers

$428988 is the amount that ought to be invested right now. Even if you don't know what your objectives are, you can get a head start by investing now to take advantage of compound growth.

How much should you put into investments?

Mark Henry, Alloy Wealth Management's founder and CEO, states, "Ideally, you'll invest somewhere around 15%–25% of your post-tax income." That's fine if you need to start small and work your way up to that goal. The fact that you actually begin is crucial.

The following is a calculation of the amount that ought to be invested right now:

= Payment made every year - (1 - (1 + rate of interest)-number of years) - rate of interest

= $90,000 - [1 - (1 + 7%)-6] - 7% = $428988;

consequently, the amount that ought to be invested right now is $428988.

To learn more about invested here:

https://brainly.com/question/15353704

#SPJ4

Analyze the potential impact of eliminating the retrospective application of the equity method to increases in previously held ownership interests that result in significant influence and which qualify for the use of the equity method. In the role of the chief executive officer (CEO) for a mid-sized company, propose the type of managerial incentives that could influence the company’s percentage ownership in another company. Provide support for your rationale and theory with examples.

Answers

The CEO is always the most senior member of staff and answers to the board of directors. Setting and carrying out the organization's strategy, distributing funds, and assembling and managing the executive team are among the core duties.

What is equity method?

A corporation can report the earnings it makes from its investment in another business using the equity method of accounting. The income received by the other company is reported on the income statement of the investor company using the equity method of accounting in a corresponding amount to the equity investment of the investor company in the other firm.

A retrospective adjustment is necessary to indicate a change to the equity method according to FASB ASC Topic 323. Although a different approach would have been acceptable for the initial investment, if the equity method is now used, comparable balances won't be immediately obvious. Due to this, financial data from all prior years given is restated as if the equity method had been used consistently since the beginning of the period in question.

Managerial incentives:

Numerous businesses contain contractual clauses based on ratios in the primary body of the financial statements (such as debt covenants and contracts for executive compensation). A company using the equity approach will report lower numbers for assets and liabilities compared to consolidation. As a result, the company may see higher rates of return on its assets and revenues as well as reduced debt-to-equity ratios. Managers may be enticed to preserve technical eligibility for the equity approach rather than full consolidation by meeting such contractual requirements.

For instance, Pay cash dividends that exceed a predetermined threshold or a certain amount.

1. Sell a few items.

2. Take out more debt.

3. Issue debt that is senior to the existing debt.

4. Enter into specific leases or agreements.

To know more about role of CEO visit:

https://brainly.com/question/25406022

#SPJ4

The tremendou ucce of the ‘Pantaloon’, ‘Big Bazaar’ and ‘Food Bazaar’ retailing format, eaily made PRIL the number one retailer in India by early 2004, in term of turnover and retail area occupied by it outlet. Explain how Biyani i further planning to conolidate hi buinee

Answers

One of the most adored fashion companies in India has over 24 years of retail experience: Pantaloons, a branch of Aditya Birla Fashion and Retail Ltd.

What went wrong with future retail?

The Future Group's retail, wholesale, and transportation and warehousing businesses will be acquired by Reliance Retail for a price of Rs 24,713 crores, as reported in August 2020. The FRL founded by Kishore Biyani fell due to excessive diversification and ongoing restructuring.

In a deal for Rs 24,713 crore, Biyani, who established his company in 1987 with the launch of Manz Wear, which eventually took on the brand name Pantaloon, has agreed to cede control of his retail empire to relative newcomer Reliance Retail, a division of Mukesh Ambani-led Reliance Industries.Due to its financial situation, Big Bazaar was unable to make timely payments on its loans to lenders.

To learn more about Pantaloon refer to :

https://brainly.com/question/15561086

#SPJ4

The nature and extent of a CPA firm’s quality control policies and procedures depend on
A) the Cpa Firm’s Size
B) the Nature of the Cpa Firm’s practice
C) Cost-benefit Considerations
(1) Yes Yes Yes
(2) Yes Yes No
(3) Yes No Yes
(4) No Yes Yes

Answers

The nature or extent of a CPA firm’s qualityl rules or activity depend on (a)The CPA firm size (Yes), (b) The nature of the CPA firm practice (yes), (c) Cost-benefit Considerations (yes). The correct option is (1).

Businesses utilize a cost-benefit analysis as part of a systematic procedure to choose which options to take and which to ignore. The expenditure analyst adds up the possible benefits anticipated from a circumstance or course of action before deducting the overall expenses related to that course of action. Employee motivation and satisfaction of customers are only two examples of subjective advantages and expenses that might be included in a budgeting. The process of calculating the advantages of a choice or action, less the expenses involved in that choice or action, is known as a financial analysis.

Learn more about Cost-benefit here:

https://brainly.com/question/30096402

#SPJ4

In order to stay on track for long term financial goals, money for emergency spending should be taken first from yoursavings account.discretionary money.fixed expense money.net income.

Answers

In order to stay on track for long term financial goals, money for emergency spending should be taken first from your discretionary money.

Money is a commodity or verifiable record that is widely used in a particular country or socio-economic environment as payment for goods and services and to repay debts such as debts. Taxes are recognized. Money serves as a means of commerce, a unit of account, a store of value and, in some cases, a means of deferred payment.

Money was originally an emerging market phenomenon with an inherent commodity value. Virtually all modern monetary systems are based on useless, unsecured fiat currencies. Any situation that undermines public confidence, such as the circulation of counterfeit currency or domestic hyperinflation, can make good money lose its value.

To know more about Money here-

https://brainly.com/question/14253896

#SPJ4

PRO and CONS Airbnb?

Answers

Pros and Cons of staying in an Airbnb

Pros:

Larger than staying in a hotel

Less crowded

Less expensive

Cons:

The host is less trustworthy than workers at hotels for various reasons

Could be cameras in places like bathrooms or rooms to watch you

You probably will have to eat out

Select the TWO False statements about Requirements to Obtain Funding.

A - Lenders do not require owners to identify the purpose of the loan.
B - Equity financing requires a business owner to give up control of the business to obtain funding.
C - The business owner's personal credit score does not affect their ability to qualify for a loan.
D - Bootstrapping requires the owner(s) of the company to provide all of the funding.

Answers

The two false statements are Lenders do not require owners to identify the purpose of the loan & Equity financing requires a business owner to give up control of the business to obtain funding. The correct option is (A & B).

What do you mean by funding?

To establish and maintain a business, you need funding. It is a monetary investment made in a business for inventory, office space, sales & marketing, product development, manufacturing, and expansion.

Before approving your application, commercial lenders may check both your personal credit score and your corporate credit score. If you have bad credit personally and are unsure how it will impact whether your commercial loan application will be approved or the terms of the loan.

Therefore, the two false statements are Lenders do not require owners to identify the purpose of the loan & Equity financing requires a business owner to give up control of the business to obtain funding.

To know more about the funding, visit:

https://brainly.com/question/20383417

#SPJ1

The production area at PlastiPharm is divided into three areas: assembly, 2D, and 3D. Each area has its own machines, between nine to fifteen. When new employees are hired in an area, they are required to cross train on all machines within that area. This takes more training time, but the company is committed to having cross-functional workers. Which statement best explains how cross training is beneficial to the company?
Cross training helps the employees understand the entire process and empowers them to look for ways to improve.
Helping cross train employees allows supervisors to identify those that are motivated to improve and which ones have the potential for advancement.
Cross training employees reduces the need for the company to bring in temporary employees who are not engaged with other employees.
Employees who are cross trained are more likely to be self-sufficient and rely less on others to make decisions.

Answers

Cross-training helps the employees understand the entire process and empowers them to look for ways to improve.

What do you mean by cross-training?

Cross-training aims to develop employees in order to enhance the customer and business experience. Because they work on new projects and acquire the skills necessary for specialization or a more senior position, it enables employees to expand their skills and knowledge on the job.

Cross-training is the practice of teaching your employees to work in multiple roles or to perform duties that are not typically theirs. Cross-training, for instance, can be used to teach someone who works in collections how to work in the billing department.

To know more about Cross-training, visit:

https://brainly.com/question/18711399

#SPJ4

What is the basis for determining the amount of a condominium owner's monthly assessment for operations and maintenance

Answers

the pro rata ownership interest specified in the declaration for the unit.

What exactly is a condo?

A condominium, also referred to as a "condo," is a substantial building complex made up of individual, independently owned apartments. Ownership typically involves a nonexclusive interest in a specific piece of "common property" that is managed by the condominium.

In a condominium, routine maintenance of the complex, such as lawn care and snow removal, is often managed by a board of unit owners.

A condominium, or condo, is an independently owned unit in a complex or building of units. Condominium associations that are in charge of maintaining the property typically need monthly payments from condo owners.

To know more about condominium, visit:

https://brainly.com/question/14179762

#SPJ4

The decisions marketing managers make regarding the marketing budget and profitability revolve around the marketing mix which includes: A. Product, price, profit, promotion B. Product, price, promotion, place C. Positioning, performance, potential, profitability D. Price, place, people, promotion E. Place, potential, product, performance

Answers

C.Positioning, performance, potential, profitability.Marketing is the management of lucrative relationships that draw in new clients with higher value and keep old ones by satisfying their needs.

There are five main marketplace and customer notions.

Customer requirements, desires, and needs. Human needs can include physical, social, and individual demands and are states of felt deprivation. Human needs manifest as wants, which are influenced by culture and personality. Demands are merely human desires supported by purchasing power.

Market offerings are combinations of goods, experiences, and services made available to a market to meet a need or want. These can be tangible goods or services, which are fundamentally intangible activities.

Learn more about Demands:

brainly.com/question/1245771

#SPJ4

Andre went to a sporting that was having a diferent sale, He bought a baseball glove and 2 packages of socks. The baseball glove normally costs $34. The baseball glove is not discounted. One package of socks normall costs 46. On sale, one package of socks costs $4. The sale tax rate is 7.5%. What percentage of the total regular (Before tax) Was his savings

Answers

Andre saved 66.67% on his purchase of a baseball glove and 2 packages of socks, by buying them at a discounted price of $42 (before tax).

Andre went to a sporting goods store that was having a sale and bought a baseball glove and two packages of socks.

The baseball glove, which normally costs $34, was not discounted, but the price of one package of socks, which normally costs $46, was discounted to $4. The regular price for two packages of socks was $92 and the regular price for the baseball glove was $34.

This means that the total regular price for the items before taxes was $126. On sale, the total price for the items before taxes was $42. This means that Andre saved $84 on his purchase. To find the savings percentage, we divide the savings by the regular price and multiply by 100%. In this case, the savings percentage is 66.67%.

To learn more about the sales tax percentage at

https://brainly.com/question/14257422?referrer=searchResults

#SPJ4

A corporate bond's yield to maturity: Multiple select question. remains fixed over the life of the bond. changes over time. is usually not the same as a bond's coupon rate. is always equal to a bond's coupon rate.

Answers

A corporate bond's yield to maturity- The correct option is C and D i.e.  is usually not the same as a bond's coupon rate and is always equal to a bond's coupon rate.

Why do you use the word "corporate"?

Corporate refers to a group of large enterprises or a specific large company. For corporate clients as opposed to private ones, interest rates are greater. Both the economy and business earnings are expanding. Corporate refers to a group of large enterprises or a specific large company.

What distinguishes a corporate entity?

A corporation, also referred to as a C corp, is a separate legal entity from its owners. Corporations are able to generate revenue, pay taxes, and face legal consequences. The strongest protection against personal liability is provided to owners by corporations, although forming a corporation is more expensive than creating other types of entities.

To know more about corporate visit-

https://brainly.com/question/28097453

#SPJ4

When no legal heirs can be found for the deceased owner of a property, the laws of descent give the property to

Answers

Option b is correct. If no legal heir is found for the property's deceased owner, the property will be awarded to the highest bidder in a sheriff's sale under the Pedigree Act.

If you die leaving no parents, spouse, descendants, siblings, your estate will pass to your grandparents, etc. All property passes to the government only when a person dies without leaving parents, spouse, descendants, and any of the above family members.

A person who commits or assists in murder shall not inherit the property of the murdered person or any other inheritance which committed the murder or assisted in the murder.

Under the Hindu Succession Act of 1956, if the deceased owner of property does not leave a will, the legal heirs will inherit the property in the order listed. Preferential treatment is given to first-class legal heirs. This includes immediate family members such as spouses, parents, children and their legal heirs.

Know more about government here:

https://brainly.com/question/16940043

#SPJ4

The complete question is:

When no legal heirs can be found for the deceased owner of a property, the laws of descent give the property to:

a. the winning bidder in a sheriff's sale.

b. the county or state.

c. the heirs of the previous owner of record.

d. a registered charity in the nearest municipality.

How do you make a decision on a large purchase?

Answers

The initial stage in making large purchases is Why you need it should come before selecting what to buy and how much it will cost. Determine if this is an expense that can wait by evaluating the item's usefulness in light of your existing financial circumstances.

You need to see if it fits your budget now that you know how much you need to put toward your large buy each month. You'll typically need to tweak certain things. When preparing to make significant purchases, research is a crucial step. To find out if a product is what you want, read product reviews. Additionally, you ought to consider its future value and resale price.

know more about purchase here

https://brainly.com/question/24112214#

#SPJ4

What are the resources used to make goods and services called ?

Answers

The resources used to produce goods and services are called inputs. Inputs can be tangible or intangible. Physical inputs are physical resources such as land, capital, labor, raw materials, and machinery. Intangible inputs are non-physical resources such as knowledge, skills and reputation.

Physical inputs are used to produce the physical aspects of goods and services. For example, raw materials are used to produce a physical product, labor is used to assemble and package it, and capital is used to purchase the necessary machinery and equipment. Intangible inputs are used to produce intangible aspects of goods and services. Knowledge and skills are used to create new products and services, and reputation is used to increase a company's market share.

To know more about inputs click here

https://brainly.com/question/17416526

#SPJ4

Behavior that is performed by an employee "for its own sake" is referred to as
A) extrinsically motivated behavior.
B) an external locus of causality.
C) intrinsically motivated behavior.
D) equity behavior.

Answers

Behavior that is performed by an employee "for its own sake" is referred to as intrinsically motivated behavior.

What is an Employee?

An employee is a person who works for a company or organization and is usually paid in exchange for their labor. Employees may be full-time, part-time, temporary, or permanent. They may also work on a contract basis or be self-employed. Employees may be responsible for a variety of tasks depending on their job role, such as customer service, sales, accounting, manufacturing, engineering, or administrative duties.

What is Intrinsically motivated behavior?

Intrinsically motivated behavior is behavior that is driven by internal rewards such as satisfaction, accomplishment, or personal growth. It is behavior that is done for its own sake, out of interest or enjoyment, rather than for an external reward.Examples of intrinsically motivated behavior include learning a new skill, playing a sport for the love of the game, and volunteering for a cause that you are passionate about.

Therefore the correct optio is C. intrinsically motivated behavior.

To know more about Employee,

https://brainly.com/question/27404382

#SPJ4

What is economic equality answer in one word?

Answers

According to the question, equality is the answer of economic equality a in one word

What is the equality?

Being equal in position, rights, and opportunity is the state of equality. It is the idea that all people should have the same access to social, economic, and political resources, regardless of their race, gender, ethnicity, sexual orientation, or any other personal characteristics. Equality ensures that everyone is treated fairly and with respect. Equality allows for individuals to make the most of their talents and strengths, and it promotes diversity and inclusion. Equality is the essential to achieving social justice and creating a more equitable society.

To learn more about equality

https://brainly.com/question/1296408

#SPJ4

Ministers from the western African countries of Nigeria, Ivory Coast, and Ghana recently met in an effort to discuss ways to increase the economic vitality of their countries. They all agree that the primary problem faced by their countries is lack of basic infrastructure, such as roads, schools, utilities, and medical facilities. They would like to appeal for help from the international community, which organization should they approach for help?

Answers

Ministers from the western African countries would like to appeal for help from the international community, and the organization which they should approach for help is called the The World Bank.

The World Bank tend to offer support to developing countries which is mainly through policy advice, research and also the analysis, and the technical assistance. So, technically the World Bank is considered to be a part of the United Nations system, but its governance structure is quite different.

However, the western Afrucan counries can appeal for monetary help from such international community. Thus, The WQorld Bank tends to provide loans and grants to the governments of low and the middle income countries.

Hence, The World Bank is an international organization.

To learn more about The World Bank here:

https://brainly.com/question/19677526

#SPJ4

A large share of the world supply of diamonds comes from Russia and South Africa. Suppose that the marginal cost (and ATC) of mining diamonds is constant at $1,000 per diamond, and the demand for diamonds is described by the following schedule:
Table 2: Demand for Diamonds
Price Quantity
$8,000 5,000
7,000 6,000
6,000 7,000
5,000 8,000
4,000 9,000
3,000 10,000
2,000 11,000
1,000 12,000
(a) If there were many suppliers of diamonds, what would be the price and quantity?
(b) If there were only one supplier of diamonds, what would be the price and quantity?
(c) If Russia and South Africa formed a cartel, what would be the price and quantity? If the countries split the market evenly, what would be South Africa's production and profit? What would happen to South Africa's profit if it increased its production by 1,000 while Russia stuck to the cartel agreement?
(d) Use your answers to part (c) to explain why cartel agreements are often not successful.

Answers

(a) the market would reach equilibrium at a price of $3,000 and a quantity of 10,000 the intersection of the demand, marginal cost curves, where quantity supplied equals the quantity demanded.

(b) If there were only one supplier of diamonds, what would be the price and quantity?

(b) If there were only one supplier of diamonds, the supplier would have a monopoly and would set the price at the profit-maximizing level, which is the price where marginal revenue equals marginal cost. In this case, that would be $3,000 per diamond, as at this price, the quantity demanded would equal the quantity supplied. The quantity would be 10,000.

What would happen to South Africa's profit if it increased its production by 1,000 while Russia stuck to the cartel agreement?

(c) If Russia and South Africa formed a cartel, they would collude to set a higher price, such as $6,000, in order to increase their profits. The quantity would decrease to 7,000. If the countries split the market evenly, South Africa would produce and sell 3,500 diamonds, earning a profit of $3,500,000 (3,500 x $1,000). If South Africa increases its production by 1,000 while Russia sticks to the cartel agreement, South Africa's profit would decrease to $2,000,000 (2,500 x $1,000) as it would have to sell the additional diamonds at the cartel price, earning only $6,000 per diamond instead of $1,000.

Use your answers to part (c) to explain why cartel agreements are often not successful.

(d) Cartel agreements are often not successful because members have incentives to cheat on the agreement by increasing production to capture a larger share of the market. This can lead to a decrease in the overall price and profits for all members, as seen in the example above with South Africa increasing production. Additionally, new entrants may enter the market, breaking the cartel's control over the market. Furthermore, governments often intervene to prevent the formation of cartels or to break them up, as they can lead to higher prices for consumers and can restrict competition in the market.

Learn more about Market here:

brainly.com/question/17284274

#SPJ4

What credit score is needed for a $200000 home loan?

Answers

The minimum credit score needed for a $200,000 home loan will vary depending on the lender and the type of loan you are applying for.

What is loan?

A loan is a sum of money that is borrowed from a lender such as a bank, credit union, or other financial institution. The borrower is usually required to pay back the loan in full, typically with interest and other fees. Loans are often used to purchase large items such as a car or a home, or to cover expenses such as tuition fees or medical bills. Loans can also be used to start a business or to pay off existing debt. Loans can be secured or unsecured, meaning they are tied to collateral such as a home, or they are not tied to any collateral. The terms of the loan, such as interest rate, repayment schedule, and fees, vary depending on the type of loan and the lender.

Generally, you will need a credit score of at least 620 to qualify for a conventional loan, and a score of 740 or higher to qualify for the best rates and terms.

To learn more about loan
https://brainly.com/question/28959940
#SPJ4

Why is human capital the most important factor of production give three examples?

Answers

An economy's human capital can help it grow. When management has more human capital, there is more creativity, more productivity, and better participation rates, all of which help the economy flourish.

Productivity is a measure of how effectively commodities or services are generated. Productivity is sometimes expressed as a ratio of the entire output to a single input or the total input used in a production process, or output per unit of input, typically over a predetermined time period. The most typical illustration is the (aggregate) measure of labor productivity, where GDP per worker is one example. The choice of a productivity definition (including those that do not relate to ratios of output to input) is dependent on the objective of the productivity measurement and/or the availability of data. The main cause of variability across productivity measures is often (directly or indirectly) connected to how the inputs and outputs are combined to produce such a ratio-type productivity measure.

Learn more about productivity here

https://brainly.com/question/2992817

#SPJ4

The short run is A. less than one year. B. a period of time in which all inputs can be varied. C. a period of time in which no inputs can be varied. D. a period of time during which some inputs can be varied and some cannot.

Answers

There are certain production factors that are variable in the short run, but there is always at least one stable production component. The primary components of production are land, labour, capital, and entrepreneurialism.

Does the short run fall under a year?

The number of years or months is not a specific definition of the short-run. It is mostly reliant on the variables that affect production unpredictability. Option d is wrong since a short run is not defined as a time period during which some production factors are fixed but cannot exceed a year.

Short run production—what exactly do you mean?

Production that can be finished because at least one production factor is fixed is referred to as short-run production. most of the time.

To know more about entrepreneurialism visit:-

https://brainly.com/question/29989586

#SPJ4

Opponents of free trade zones might use this map to argue that free trade (4 points) Group of answer choices encourages conflict among market and command economies leads to greater mobility among populations organizes nations into regional exclusionary blocs redraws traditional geographic boundaries

Answers

Opponents of free trade zones might use this map to argue that free trade organises nations into regional exclusionary blocs. Hence, option (c) can be regarded as the suitable choice of answer.

Give a brief account on free trade areas.

A free trade area is a territory where several nations have joined together to sign free trade agreements and retain few to no trade restrictions such as tariffs or quotas. Free trade zones enable international trade, the related benefits from trade, as well as the global division of labour and specialisation. However, they have come under fire for the expenses associated with advancing economic integration and for arbitrarily limiting free trade. A free trade area is a collection of nations that have agreed to erect little or no trade restrictions, such as tariffs or quotas, between them. The volume of international trade between participating nations tends to expand in free trade zones, and this enables them to further specialise in areas where they have comparative advantages.

To know more about, free trade, visit :

https://brainly.com/question/24572146

#SPJ4

You have $50,000 in savings for retirement in an investment earning a stated annual rate of 7% compounded monthly. You aspire to have $1,000,000 in savings when you retire. Assuming you add no more to your savings, how many years will it take to reach your goal

Answers

Answer:

To find out how many years it will take to reach your goal of $1,000,000 with your current savings and the stated annual rate of 7% compounded monthly, you can use the formula for compound interest:A = P(1 + r/n)^(nt)Where:A is the future value of the investment (the amount you will have saved at retirement)P is the present value of the investment (the amount you currently have saved)r is the annual interest rate (expressed as a decimal)n is the number of times the interest is compounded per yeart is the number of yearsIf we plug in the values from the problem, we get:1,000,000 = 50,000(1 + 0.07/12)^(12*t)To solve for t, we can take the natural logarithm of both sides:ln(1,000,000) = ln(50,000(1 + 0.07/12)^(12*t))then, divide both sides by ln(1 + 0.07/12) and multiply by 12t = (ln(1,000,000) - ln(50,000)) / (12*ln(1 + 0.07/12))t = approximately 30 yearsSo, it will take around 30 years to reach your goal of $1,000,000 assuming you add no more money and earn the stated annual rate of 7% compounded monthly.

Explanation:

hope this helps

With bonds issued at discounts or premia, what account is debited/credited to balance the difference between the interest expense and the cash payment of the coupon

Answers

The unamortized reduction on outstanding bonds will have a credit balance that increases the outstanding bonds' carrying quantum( or the book value).

The unamortized reduction on bonds outstanding will have a  disbenefit balance, and that decreases the carrying quantum( or book value) of the bonds outstanding.   Premium bonds trade above par value, while reduction bonds trade below it. Reduction bonds can be unsafe, but the lower the price, the more advanced the eventuality for earnings. Premium bonds can deliver advanced returns with lower threats, but they can be problematic if they come callable.  

When bonds are issued at a  reduction, the outstanding bond account is credited for the proceeds from the issue. However, that rate should be considered to be the effective rate, If a long-term note outstanding has a stated interest rate. Amortization of bond decoration reduces the balance in outstanding bonds.

To learn more about unamortized reduction, visit here

https://brainly.com/question/29981146

#SPJ4

Problems and Applications Q3 For each of the following characteristics, indicate whether it describes a perfectly competitive firm, a monopolistically competitive firm, both, or neither. (Note: If the characteristic describes neither, leave the entire row unchecked.) Characteristic Charges a price that is the same as marginal cost Sells a product differentiated from that of its competitors Produces at the efficient scale of the firm Perfectly Competitive Monopolistically Competitive Equates marginal revenue and marginal cost Operates with excess capacity Earns economic profit in the long run 0 0

Answers

Characteristic: Charges a price that is the same as marginal cost

Perfectly Competitive: Yes

Monopolistically Competitive: No

Does the other characteristics are perfectly and monopolistically competitive?

Characteristic: Sells a product differentiated from that of its competitors

Perfectly Competitive: No

Monopolistically Competitive: Yes

Characteristic: Produces at the efficient scale of the firm

Perfectly Competitive: Yes

Monopolistically Competitive: Yes

Characteristic: Equates marginal revenue and marginal cost

Perfectly Competitive: Yes

Monopolistically Competitive: Yes

Characteristic: Operates with excess capacity

Perfectly Competitive: No

Monopolistically Competitive: Yes

Characteristic: Earns economic profit in the long run

Perfectly Competitive: No

Monopolistically Competitive: No

To know more about marginal cost, visit:

brainly.com/question/14923834

#SPJ4

In 1990, those who invested money in fund Z for the entire year received a return of 9 percent on their investment. Roberta invested a certain amount in fund Z on January 1, 1990, and neither added to nor subtracted from her investment during the year; her investment and return for the entire year equalled $15,260. How much money did Roberta invest in fund Z on January 1, 1990

Answers

In 1990, those who invested money in fund Z for the entire year received a return of 9 percent on their investment. Roberta invested a certain amount in fund Z on January 1, 1990. Robert invested $14,000 in fund Z.

It is seen that the investment after entire year was $ 15,260 and the interest rate is given as 9%. We know that,

Amount = Principal * (100+ interest rate)/100

15,260 = Principal * (100+ 9)/100

15260 = Principal *109/100

Principal = 15260 *100/109

Principal = 14,000

Hence, the initial amount invested is $14,000.

An investment fund is a pool of money owned by several people that is used to buy securities as a group although each investor has ownership and control over his individual shares.

In comparison to what an investor might be able to find on their own, an investment fund offers a wider range of investment choices, more management experience, and lower investment fees. Mutual funds, exchange-traded funds, money market funds, and hedge funds are a few different types of investment funds.

To know more about investment fund:

https://brainly.com/question/29972619

#SPJ4

________ is a major issue faced by companies when implementing enterprise systems.

Answers

The gap between the requirements of an organization and the capabilities of an application is a major issue faced by companies when implementing enterprise systems.

A need is a distinct, documented operational or physical need that a given design, product, or process seeks to address in product design and optimizations. The product development process' design stages incorporate a set of criteria. Since tests should be able to be traced back to particular requirements, demands are therefore a crucial component of the verification process. The features and functionalities required for the specific project are represented by the objectives. The components are gradually established in tandem with design and execution when iterative or agile software development techniques are employed.

Learn more about Requirements here:

https://brainly.com/question/15700794

#SPJ4

Which of the following is not a characteristic of a fund as defined by GASB standards?
Multiple Choice
O A self-balancing set of accounts.
O A reporting entity.
O A fiscal entity.
O An accounting entity.

Answers

A reporting entity is not a characteristic of a fund as defined by GASB standards.

What are funds?

A fund is a pool of money that is allocated for a specific purpose. A fund can be established for many different purposes: a city government setting aside money to build a new civic center, a college setting aside money to award a scholarship, or an insurance company that sets aside money to pay its customers’ claims.

What are the three categories of funds prescribed by GASB standards?

Funds that are prescribed by GASB standards are:

Governmental funds.

Proprietary funds.

Fiduciary funds.

To know more about funds, visit: brainly.com/question/13129439

#SPJ4

Other Questions
If the formula for the reorder point is lead time X maximum daily usage, and given the information below; what would be the reorder point Graph the following linear function. f(x)= 5/2x+5 FIRST TO ANSWER GETS BRAINLIEST!! Melanies bank account balance is . She needs to pay $55 to her cell phone carrier and $80 to the landscaper. She also expects $250 from her sister to be added to her account.(a) Write an expression Melanie can use to determine her bank account balance after paying these bills and receiving money from her sister. (b) What is Melanies bank account balance after paying her bills and receiving money? Show any necessary work. Answer in a complete sentence. The Barker family just left the local pet store with Lucky, their new family dog. The pet store owner told the Barker family that for the next 6 months, Lucky would grow at an average rate of 9 pounds per month. Currently, Lucky is 2 months old and weighs 3 pounds. Age, in months 2 3 4 5 6 7 8 Weight, in pounds 3 at 2 months old Part A: Complete the given table that represents Lucky's current weight, in pounds, as a function of his age, in months. Part B: Graph the data in the table from Part A. Be sure to label the graph and all data points. Part C: Create a linear model that represents the Lucky's current weight, in pounds, as a function of his age, in months. Part D: If Lucky continues to grow at the rate of 9 pounds per month beyond the expected six months, how much will Lucky weigh by the time he is one year old? Why would Web citation 1 be a more useful source of evidence for an essay about the effects of violent video games onyoung people than Web citation 2?Because Web citation 1 (2005) was published more recently than Web citation 2 (1996) it would more likely be used by scientists whoare less interested in the long-lasting effects of video game use.Because Web citation 1 was published outside the U.S. and is cited by a company whose mission is to accelerate the world'sresearch it is a more favorable source than Web citation 2 which is cited from an online library with a goal of providing world accessto scientists's files.Both are cited in an online open encyclopedia (Wikipedia) article about the California law designed to fine video game vendors;however, Web citation 1 includes an excerpt from the full article while Web citation 2 includes only a summary of the article.Web citation 1 contains information that reviews the physical effects of playing video games while Web citation 2 is limited to theeffects on users' self-esteem.NEXT QUESTIONASK FOR HELPTURN IT IN what is the mole fraction of ethanol c2h5oh in an aqueous solution in which the ethanol concentration is 4.6 molal Why are tax policies that cut taxes called trickle-down economics?1. because the benefits are supposed to filter down to workers2. because the benefits become less pronounced at every level3. because the benefits are intended to help only the wealthy4. because the benefits quickly cause a positive effec Marlena is putting together a focus group to obtain feedback on the new juice product her company plans to launch next year. A focus group is a type of research. (Qualitative or Quantitative) write a linear equation that passes through the points (2,-7) and (4,-9) and has a slope "-5" Which step in photosynthesis does not need light? PLEASE ANSWER ASAP IF YOU CAN!!! This is due soonWhen should you use the title of the original text as the title of a found poem?when you cannot think of a different title for the poemwhen the original title suggests something newwhen no lines in the found poem sound like a titlewhen the original title sounds like the title of a poem Write a system of equations modeling the given conditions. Then solve the system by the substitution method and find the two numbers. The sum of two numbers is 71. One number is 27 more than the other. Find the numbers. D Let x be the smaller number and y be the larger number. Write an equation that represents the fact that the sum of the numbers is 71. =71 (Simplify your answer.) Suppose that consumers become more pessimistic about the economy. This causes the price level to decrease as represented by the GDP deflator dropping to 98. Nominal GDP also decreases to $28,000. What is real GDP What effect would cyanide have on the electron transport chain ? What is the symbol for and in logic? A patient presents with malaise, a fever, and joint pain. If a systemic lupus erythematosus (SLE) diagnosis is being considered, which additional assessments should the nurse perform If the actual yielsd of a reaction is 50 g and the theoretical yield is 60 g. What is the percent yield. What is the relationship between the Center of the Star, the Student section, and the Reasons section of Andrea's North Star? Please explain in two to three complete sentences Kelsie works at a bicycle shop as a salesperson. She records the number of bicycles she sells daily. Here is the probability distribution of B = the number of bicycles Kelsie sells on a randomly selected day, and T the time she spends filling out daily sales reports. 2 B = # of bicycles sold T = time (minutes) Probability 40 20 10 0. 05 0. 15 0. 50 0. 30 a) Calculate E(B) b) Calculate the mean time she spends filling out daily reports. c) Calculate the standard deviation for both random variables Iready diagnostic this is an ela diagnpostic help pls