painted house. billy had a contract to paint jan's house for $800 including the duty to clean up any debris. the contract between billy and jan did not contain an anti-assignment clause. billy, who was very busy, assigned the contract, including the right to payment and the duty to paint, to richard who was interested in making some extra money and had experience painting. billy did not tell jan about the assignment because he did not want any trouble nor did richard mention the assignment to her. in fact, richard never met jan because he painted while she was at work. after richard did a good job painting the house, jan sent a check to billy for $800. billy needed the money to pay some bills, so he spent it. he thought he would have money coming in with which to pay richard, but that did not happen. richard asked jan for $800 when it was not forthcoming from billy. jan refused. richard said that he was going to sue her and billy. jan called billy and told him that he had no right to assign the contract. another problem involved disposal of debris. although richard was a good, competent painter, he forgot and left some old paint cans at jan's house. jan demanded that billy come and properly dispose of the paint cans because they could not simply be put in the trash. billy refused and told her that she would have to get richard to dispose of the paint cans because that was his responsibility. what would be the likely result of a lawsuit brought by richard against billy to recover the $800?

The company I chose to track is Apple Inc. with the stock symbol AAPL. As of May 4, 2023, the P/E ratio for AAPL is 31.39.

In my research, I found that Apple is a technology giant that sells a range of products such as iPhones, iPads, Macs, and wearables like the Apple Watch. The company is also known for its software and services, including the App Store, Apple Music, iCloud, and Apple Pay. Apple has been consistently making a profit and is considered one of the most valuable companies globally.

In recent news, Apple has been making strides in the field of healthcare with the launch of the Health app and HealthKit, which allows users to track and monitor their health data. Overall, I believe Apple is a strong and reliable investment choice for long-term growth potential.

To learn more about company follow the link:

https://brainly.com/question/30532251

#SPJ4

Shrieves Casting Company is considering a new production line. Incremental cash flow is the difference between implementing and rejecting the project, and should only include cash inflows. Shrieves' depreciable basis is $240,000, with annual depreciation expenses under MACRS 3-year class.

A) Incremental cash flow is the difference between the cash flows a firm will have if it implements a project versus the cash flows it will have if it rejects the project. When calculating project cash flow, interest expense or dividends should be subtracted from the cash flows. The cash flows of the project should only reflect the cash inflows and outflows that are directly related to the project.

B) Shrieves' depreciable basis for the new production line is the total cost of the machinery and installation expenses, which is $240,000 ($200,000 + $10,000 + $30,000). The annual depreciation expenses under the MACRS 3-year class would be $80,000 in year 1, $128,000 in year 2, $38,400 in year 3, and $19,200 in year 4.

C) The annual sales revenues would be $250,000 in year 1 ($200 x 1,250), and the annual costs (excluding depreciation) would be $125,000 in year 1 ($100 x 1,250). It is important to include inflation when estimating cash flows because it affects the future cash flows in real terms and reflects the time value of money.

D) The annual incremental operating cash flow statements show the cash inflows and outflows directly related to the new product line. The incremental operating cash flow is calculated by subtracting the incremental costs (excluding depreciation and interest) from the incremental revenues and adjusting for taxes.

E) The required net working capital for each year is equal to 12% of the year's sales revenues. The cash flow due to investments in net working capital is the change in net working capital from the previous year to the current year.

F) The after-tax salvage cash flow is the cash flow received from the sale of the machinery after taxes are paid on the gain or loss from the sale.

G) The net cash flows for each year are calculated by subtracting the incremental costs (excluding depreciation and interest) and the investments in net working capital from the incremental revenues, adding back depreciation, and adjusting for taxes. The project's NPV, IRR, MIRR, PI, payback, and discounted payback can be calculated using the net cash flows.

Based on these indicators, if the project has a positive NPV, IRR greater than the weighted average cost of capital, MIRR greater than the cost of capital, PI greater than 1, and a payback period within the acceptable range, then the project should be undertaken.

To learn more about cash flow

https://brainly.com/question/30736595

#SPJ4

Becker's direct materials purchases budget for wheels in May would be: (420 + 20% of 550 - 130) units * 3 wheels * $12 per wheel.

For June, the budget would be: (550 + 20% of 520 - 105) units * 3 wheels * $12 per wheel.

Becker's direct materials purchases budget with respect to wheels for May and June.

1. Calculate the number of units to be produced for each month:
- May: (Ending finished goods - Beginning finished goods) + Expected sales = (95 - 130) + 420 = -35 + 420 = 385 units
- June: (June's ending finished goods - May's ending finished goods) + Expected sales = (105 - 95) + 550 = 10 + 550 = 560 units

2. Calculate the number of wheels required for each month's production:
- May: Units produced * Wheels per unit = 385 * 3 = 1,155 wheels
- June: Units produced * Wheels per unit = 560 * 3 = 1,680 wheels

3. Calculate the required ending inventory of wheels for each month:
- May: June's production units * Wheels per unit * 20% = 520 * 3 * 0.20 = 312 wheels
- June: July's production units * Wheels per unit * 20% = (not required for the problem)

4. Calculate the beginning inventory of wheels for each month:
- May: June's ending inventory (from step 3) = 312 wheels
- June: May's ending inventory (from step 3) = 312 wheels

5. Compute Becker's direct materials purchases budget for wheels for each month:
- May: (Required wheels for production + Desired ending inventory) - Beginning inventory = (1,155 + 312) - 312 = 1,155 wheels
- June: (Required wheels for production + Desired ending inventory) - Beginning inventory = (1,680 + 312) - 312 = 1,680 wheels

Therefore, Becker's direct materials purchases budget for wheels is 1,155 wheels for May and 1,680 wheels for June. The cost for each wheel is $12, so the budgeted cost for May is $13,860 and for June is $20,160.

To know more about budgets , refer here:

https://brainly.com/question/29623037#

#SPJ11

Gidget is considering two options for launching their new widget: going directly to market or conducting customer segment research.Thus, the NPV of going directly to the market is $43,500,000.

To calculate the Net Present Value (NPV) of going directly to the market, we need to consider the probabilities of success and failure, their respective profits, and the appropriate discount rate. The probability of success if going directly to market is 50%, and if successful, the present value profit is $75 million. The probability of failure is also 50%, and if unsuccessful, the present value profit is $12 million. The appropriate discount rate is 10%.

EPV_success = 0.5 * $75,000,000 = $37,500,000
EPV_failure = 0.5 * $12,000,000 = $6,000,000

Now, we sum the EPVs to get the total EPV: Total_EPV = $37,500,000 + $6,000,000 = $43,500,000

Since the firm is considering going directly to the market without any additional cost or delay, we can assume that the NPV is the same as the total EPV. Thus, the NPV of going directly to the market is $43,500,000.

For more such questions on market

https://brainly.com/question/25369230

#SPJ11

The diversity dimension is the relatively stable set of behaviors, attitudes, and emotions displayed over time that makes people different from each other is Personalities. The term that describes the degree to which someone is active, assertive, gregarious, sociable, talkative, and energized by others is Extraversion.

There are various ways to describe Personality, such as the degree to which someone is active, assertive, gregarious, sociable, talkative, and energized by others. It refers to the unique characteristics of a person and is relatively stable over time, despite situational changes and environmental factors.

Extraversion is one of the five personality dimensions in the Big Five personality traits model. Extraversion refers to a person's level of outgoingness and sociability.

To learn more about personalities, refer: https://brainly.com/question/23161776

#SPJ11

The amount of finished goods inventory on the balance sheet at year-end is $13,185.

To determine the amount of finished goods inventory on the balance sheet, we need to calculate the cost of goods sold (COGS) and subtract it from the cost of goods manufactured (COGM).

The COGM can be calculated using the following formula:

COGM = Beginning finished goods inventory + Cost of goods manufactured - Ending finished goods inventory

Assuming that the beginning finished goods inventory is zero, we can rearrange the formula to solve for the ending finished goods inventory:

Ending finished goods inventory = COGM - COGS

First, let's calculate the COGS:

COGS = Units sold x Cost of goods sold per unit

COGS = 4,400 x (9,900/7,100) = $6,160

Next, we can calculate the COGM:

COGM = Direct materials + Direct labor + Factory overhead

COGM = (7,100 x $0.75) + (7,100 x $1.20) + $5,500

COGM = $5,325 + $8,520 + $5,500 = $19,345

Finally, we can calculate the ending finished goods inventory:

Ending finished goods inventory = COGM - COGS

Ending finished goods inventory = $19,345 - $6,160 = $13,185

To learn more about expenses click on,

https://brainly.com/question/15087259

#SPJ4

Based on the information provided, it is most likely that Jason Electronics, Inc. has a process layout for its plant layout. A process layout is typically used by manufacturers who produce a wide variety of products with different requirements and specifications.

In this case, since Jason Electronics creates circuits for various electronic products, a process layout would make sense. This type of layout organizes the production process by grouping together similar processes or equipment. This allows for flexibility and the ability to handle different products and processes at the same time. However, it can also lead to longer production times and higher costs.
Rick's focus on quality control and researching successful firms indicates that he is looking to improve the overall efficiency and effectiveness of the production process. Implementing best practices from other successful firms can help identify areas for improvement and optimize the layout and processes at JEI.
Overall, the process layout at JEI may provide the necessary flexibility for the company's current production needs, but Rick's efforts to improve quality control and research best practices can help optimize the layout and improve the overall efficiency and effectiveness of the production process.

for more such questions on  manufacturers

https://brainly.com/question/1082619

#SPJ11

11 train sets and 11 operating crews would be required.

To determine the number of train sets and operating crews needed to operate the half-hourly intercity service from Central to Mt Victoria with an end-to-end run-time of 2 hours and 22 minutes, follow these steps:

1. Calculate the total number of services per day:
There are 24 hours in a day, and services will run every 30 minutes (or 0.5 hours). So, 24 hours ÷ 0.5 hours = 48 services per day.

2. Calculate the round-trip time for each service:
The end-to-end run-time is 2 hours and 22 minutes, which equals 2.37 hours (22 minutes ÷ 60 minutes). The round-trip time would be double this value since the train must return to Central: 2.37 hours × 2 = 4.74 hours.

3. Calculate the number of train sets required:
Since each train set takes 4.74 hours to complete a round-trip and there are 48 services per day, divide the total daily service hours by the round-trip hours to find the number of train sets: 48 services ÷ (4.74 hours per round-trip) ≈ 10.13 train sets. Round up to the nearest whole number since you can't have a fraction of a train set, resulting in 11 train sets needed.

4. Calculate the number of operating crews needed:
Each train set requires one operating crew. Therefore, you will need 11 operating crews to operate the 11 train sets.

In conclusion, to operate the half-hourly intercity service from Central to Mt Victoria with an end-to-end run-time of 2 hours and 22 minutes, you would need 11 train sets and 11 operating crews.

To learn more about "operating crews", visit: https://brainly.com/question/14697297

#SPJ11

The production volume of cases was planned at the beginning of August. The variances compare the actual cost and the standard cost of actual production for the month. Thus, the standard cost must be based on the units of actual production.

Direct Materials Price Variance:

Cream Base:

Actual price = $0.016 per oz.

Standard price = $0.02 per oz. (given in Part A)

Difference = Actual price - Standard price = $0.016 - $0.02 = -$0.004

Natural Oils:

Actual price = $0.32 per oz.

Standard price = $0.30 per oz. (given in Part A)

Difference = Actual price - Standard price = $0.32 - $0.30 = $0.02

Bottles:

Actual price = $0.42 per bottle

Standard price = $0.50 per bottle (given in Part A)

Difference = Actual price - Standard price = $0.42 - $0.50 = -$0.08

Indicate if favourable or unfavourable:

Cream Base: Favourable (since the actual price is lower than the standard price)

Natural Oils: Unfavourable (since the actual price is higher than the standard price)

Bottles: Favourable (since the actual price is lower than the standard price)

Direct Materials Quantity Variance:

Cream Base:

Actual quantity = 102

Standard quantity = 100  (given in Part A)

Difference = Actual quantity - Standard quantity = 102 - 100 = 2

Natural Oils:

Actual quantity = 31

Standard quantity = 30  (given in Part A)

Difference = Actual quantity - Standard quantity = 31 - 30 = 1

Bottles:

Actual quantity = 12.5 bottles

Standard quantity = 12 bottles (given in Part A)

Difference = Actual quantity - Standard quantity = 12.5 - 12 = 0.5 bottles

Indicate if favourable or unfavourable:

Cream Base: Unfavourable (since the actual quantity is higher than the standard quantity)

Natural Oils: Unfavourable (since the actual quantity is higher than the standard quantity)

Bottles: Unfavourable (since the actual quantity is higher than the standard quantity)

To know more about  production volume  here

https://brainly.com/question/31864555

#SPJ4

Samantha, while working through the Client Needs Assessment process, should focus on four key areas to gather vital information for her client. These areas include:

1. Identifying the client: It's essential for Samantha to know who her client is, including their background and any relevant details about their company or industry. This helps establish a strong foundation for understanding the client's needs and offering tailored solutions.

2. Understanding the client's motivation: Determining why the client started their business provides valuable insight into their goals and vision. This information will enable Samantha to align her services with the client's objectives, ensuring their expectations are met.

3. Assessing client's service requirements: Samantha must evaluate what services the client needs to support their business effectively. This could include areas such as marketing, technology, or human resources. By identifying these needs, Samantha can tailor her approach and offer relevant solutions.

4. Establishing timelines and work completion: It's crucial for Samantha to know when the client needs their work completed and how the work will be carried out. This information will help her allocate resources, coordinate with team members, and set realistic deadlines for project completion.

By focusing on these four areas, Samantha will gather crucial information that will help her meet her client's needs and build a strong working relationship.

Know more about "vital information".

https://brainly.com/question/29799385

#SPJ11

Based on the decision tree, the optimal strategy is to wait for the results of the R&D before deciding whether to launch the product or not and whether to take a loan or not.

Based on the decision tree, the optimal strategy is to wait for the results of the R&D before deciding whether to launch the product or not and whether to take a loan or not. If the R&D is successful, launch the product and take a loan at the interest rate prevailing at that time. If the R&D fails, don't launch the product and don't take a loan. This strategy maximizes the expected profit.

To find the smallest success probability that would make getting the loan before seeing the results of the R&D more profitable, we can compare the expected profit of the two strategies.

If we get the loan before R&D, the expected profit is:

(0.8 x $200,000) - ($100,000 x 1.04) = $76,800

If we wait for R&D, the expected profit is:

0.8 x (0.4 x $200,000 - $100,000 x 1.04) + 0.2 x $0 = $28,160

Setting these two equal and solving for the success probability gives:

0.8p - 104,000 = 28,160

0.8p = 132,160

p = 165,200 / 200,000 = 0.826

Therefore, the smallest success probability that would make getting the loan before seeing the results of the R&D more profitable is 82.6%. The decision tree attached.

Learn more about the decision tree: brainly.com/question/26675617

#SPJ11

This is an illustration of attribute marketing. Instead of directly comparing its goods to rivals, the corporation emphasises the qualities or aspects of its product in this style of advertising.

Because it emphasises the features of the Odyssey mini-van and positions it as the best option among mini-vans based on those features, the claim "it's the honda of mini-vans" is an illustration of attribute advertising. A more educated purchasing choice may be made by customers by using this style of advertising to assist them discover the aspects that are most important to them.  

Letter and word sounds can represent qualities of a product. Brand morphemes are utilised by a product name like Charmin because of its softer, more rounded sounds (compared to the harshness of Scott).

Learn more about advertising Visit: brainly.com/question/14227079

#SPJ4

Journal entries for development costs for the years ending December 31, 2020, and December 31, 2021, under IFRS: Development costs 250,000 krone, Cash 250,000 krone

December 31, 2021: Development costs 750,000 krone Cash 750,000 krone

Journal entries for development costs for the years ending December 31, 2020, and December 31, 2021, under U.S. GAAP:

December 31, 2020:

Development costs 0

Cash 0

December 31, 2021:

Development costs 750,000 krone

Cash 750,000 krone

Under IFRS, development costs can be capitalized if certain criteria are met, including that the development costs can be reliably measured, it is probable that the future economic benefits will flow to the company, and the company has the ability to use or sell the intangible asset.

In this case, 25% of the 1,000,000 krone spent on the development of the new product can be capitalized, which amounts to 250,000 krone in 2020 and 750,000 krone in 2021. The journal entries for both years under IFRS involve debiting the Development Costs account and crediting the Cash account for the same amount.

Under U.S. GAAP, development costs are generally expensed as incurred, except for certain costs related to the development of computer software.

Therefore, there are no journal entries for development costs in 2020 under U.S. GAAP. However, in 2021, the capitalized amount of 750,000 krone under IFRS must be recorded as an intangible asset. Therefore, the journal entries under U.S. GAAP in 2021 involve debiting the Intangible Asset account and crediting the Cash account for the same amount.

Finally, when preparing consolidated financial statements, the U.S. parent company must convert the IFRS balances to U.S. GAAP using the appropriate exchange rate at the balance sheet date.

The conversion entries for both years involve translating the Development Costs and Cash accounts using the exchange rate in effect at each balance sheet date.

To know more about Journal entries, refer here:

brainly.com/question/28390337#

#SPJ11

The net domestic product (NDP) of the country in that particular year is 90.5 million US dollars.

The net domestic product (NDP) of a country is the total output (GDP) minus the depreciation or lost part of capital goods used to generate that output. In this scenario, the GDP of the country is 100 million US dollars, but the lost part of capital goods used in generating this national output is 9.5 million US dollars. Therefore, the NDP of the country in that particular year can be calculated by subtracting the lost part of capital goods from the GDP.

NDP = GDP - Lost part of capital goods
NDP = 100 million US dollars - 9.5 million US dollars
NDP = 90.5 million US dollars

Therefore, the net domestic product (NDP) of the country in that particular year is 90.5 million US dollars. This figure represents the actual value of goods and services produced by the country, after accounting for the wear and tear or depreciation of capital goods used in the production process. It is an important indicator of a country's economic growth and development, and is used to measure the standard of living of its citizens.

For more about net domestic product:

https://brainly.com/question/9113266

#SPJ11

According to the producer price index database computer tycoon maintained by the Bureau of Labor Statistics, the average cost of computer equipment fell 3. 8 percent Between conduct a thorough investigation of PC Big Shot.

1a. We really want to figure out the changes from year to year in every detail for Consolidated's pay explanation for the year that ended on December 31, 2018. These progressions can be explained using both rates and dollar amounts. Then, by comparing the changes, we can see how the organisation behaved in 2018 as compared to the previous year.

2a. We really desire to communicate every aspect as a level of all out incomes in order to lead an upward research. We shall be able to understand the overall significance of each detail to the organization's general exposition thanks to this. Sales Revenue $ 100,000 $ 120,000

Cost of Goods Sold 60,000 71,500

Gross Profit 40,000 48,500

Selling, General, and Administrative Expenses 36,000 37,000.

Interest Expense 500 475

Income before Income Tax Expense 3,500 11,025

Income Tax Expense 1,000 5,000

Net Income $ 2,500 $ 6,025

2b. We need to calculate the net revenue for each year in order to determine whether PC Magnate received more net benefit per dollar of transactions in 2018 compared to 2017. Then, by comparing the edges, we can determine which year had a higher net overall revenue.

In summary, by conducting both horizontal and vertical analyses, we may gain insight into how PC Magnate behaved in 2018 and establish correlations with the previous year. We can also identify trends and areas where the organisation may need to improve its exhibition.

To know more about Computer tycoon visit:

https://brainly.com/question/31419109

#SPJ4

By reviewing and optimizing their current EOQ the inventory costs can be reduced by:

As a management consultant, I can help XYZ Company reduce inventory costs by reviewing and optimizing their current EOQ (Economic Order Quantity) model.

1. Calculate the EOQ:

First, we need to determine the current EOQ using the formula:

EOQ = √(2DS/H),

where D is the annual demand (7,200 copies), S is the setup cost ($150 per setup), and H is the holding cost per unit per year ($14.50 * 18%).

EOQ = √(2 * 7,200 * 150 / (14.50 * 0.18)) ≈ 846 copies

2. Analyze lead time and reorder point:

Considering the lead time of 15 days and 300 working days per year, the daily demand rate is:

Daily Demand = 7,200 copies / 300 days = 24 copies per day

Reorder Point = Daily Demand * Lead Time = 24 copies/day * 15 days = 360 copies

3. Evaluate production and ordering policies:

The annual production volume is 27,000 copies, which is sufficient to meet the annual demand of 7,200 copies. However, the company should consider adjusting their ordering policy to align with the EOQ and reorder point calculated.

4. Recommend improvements: To reduce inventory costs, the company should:

By following these recommendations, XYZ Company can optimize their inventory policy, reducing overall costs and improving efficiency.

Learn more about EOQ:

https://brainly.com/question/30010562

#SPJ11

Internet businesses are more scalable than traditional brick-and-mortar businesses, as they can serve a larger geographic area with relatively smaller infrastructure and staff.

This scalability is due to the unique characteristics of the internet, which allows businesses to reach a broader customer base while keeping overhead costs low. Internet retailers can offer their products and services 24/7 without the constraints of physical store hours or location, resulting in increased revenue and profitability.

They can also easily expand their reach through digital marketing and social media, providing them with a wider customer base. The ability to reach a larger audience with fewer resources makes internet businesses more efficient and cost-effective, which ultimately contributes to their competitive advantage.

Additionally, internet businesses can adapt quickly to changing market conditions, thanks to the ease and speed of implementing new strategies and technologies.

To know more about brick-and-mortar refer to-

https://brainly.com/question/13771778

#SPJ11

The liability of foreignness can be understood as inherent disadvantage foreign firms experience in host countries.

The liability of foreignness is a concept that refers to the challenges and costs that foreign firms face when operating in a host country. These challenges can include cultural differences, language barriers, unfamiliar legal and regulatory environments, and lack of local networks and knowledge. These factors can increase the costs of doing business and make it more difficult for foreign firms to compete with local firms.

For example, foreign firms may face higher costs for hiring and training local employees, as well as for complying with local regulations and customs. They may also struggle to build relationships with local suppliers, customers, and other stakeholders, which can hinder their ability to develop effective business strategies.

In contrast, local firms may have greater familiarity with the local market and culture, as well as existing networks and relationships that give them an advantage over foreign firms. As a result, the liability of foreignness can make it more difficult for foreign firms to succeed in host countries, especially in industries where local competition is strong.

Learn more about liability:

https://brainly.com/question/14921529

https://brainly.com/question/25687338

To reduce the liability risk for liens or other encumbrances on foreclosure properties, the bank's asset manager should conduct a thorough title search. This search will help identify any potential liens or encumbrances on the properties prior to the bank's acquisition of them. If any such liens or encumbrances are identified, the bank should take steps to resolve them before selling the properties.

The bank may also consider purchasing title insurance to ensure that the title is clear at the time of sale. This insurance policy would protect the bank from any financial losses related to undiscovered liens or encumbrances on the properties. Additionally, the bank should consider working with a real estate attorney to ensure all necessary legal requirements are met before the properties are sold.

Therefore, by taking these steps, the bank can minimize the risk of liability for any liens or encumbrances on the foreclosure properties and ensure that they are sold with a clear title.

Know more about "title insurance policy".

https://brainly.com/question/28359907

#SPJ11

The advantage of this type of budget is that it offers cost control and provides a consistent framework for making investment decisions.

Flexible budget: The flexible budget fluctuates based on market conditions and other external factors that could impact research expenses. Its advantage is that it is adaptable to environmental conditions, allowing the organization to stay competitive and make quick adjustments to its research investment.Zero-based budget: In this type of budget, the organization starts from scratch, re-examining its expenses and investments for the fiscal year. The advantage of this type of budget is that it allows for a more thorough review of expenses, eliminating any unnecessary expenditures and allowing for better cost containment.

Business Research Methods is the systematic and objective process of gathering, recording, and analyzing data to provide insight into a business problem. It helps in making better decisions by collecting and analyzing data.

Read more about organization here:https://brainly.com/question/19334871

#SPJ11

Entrepreneurs typically need to present a business plan when raising money for a start-up.

option : D) Business plan

A business plan is a comprehensive document that outlines the entrepreneur's vision, goals, strategies, and financial projections for the business. It provides potential investors with a detailed overview of the start-up's business model, market analysis, marketing and sales strategies, organizational structure, and financial projections. A well-prepared business plan is crucial for convincing potential investors of the viability and potential of the start-up, and it serves as a roadmap for the entrepreneur's business strategy.

Learn more about “ business plan “ visit here;

https://brainly.com/question/15826771

#SPJ4

Complete Question

One of the most difficult tasks for a start-up is raising money. To raise money, entrepreneurs talk with bankers and other potential investors and try to sell their ideas. In order to have a chance, most of the time, entrepreneurs have to present a(n) ________.

A) Marketing plan

B) Annual report

C) Financial statement

D) Business plan

A management company is chosen by the owner of the hotel real estate and business to run the hotel business on their behalf under the terms of a hotel management contract.

Some management companies also own their own brands, in which case the hotel would be run under that brand. An agreement between a management business (or operator) and a property owner is known as a hotel management contract.

Under this agreement, the operator agrees to manage the property by giving direction, oversight, and expertise using predetermined methods and procedures. The most popular types of business ownership include corporations, which can be taxed as either C corporations or S corporations, limited liability partnerships.

To learn more about business, click here.

https://brainly.com/question/15826604

#SPJ4

The question is incomplete complete question is given below

A. Hotel Management Agreement (HMA)

B.  Franchise Operators Agreement

C.  Business's operations

D. Lifecycle management

The main difference between open-end and closed-end mutual funds is the way in which they issue and redeem shares.

Open-end funds continuously issue new shares and redeem existing shares, while closed-end funds issue a fixed number of shares that are traded on an exchange like stocks.

Because of this difference in structure, open-end funds need to keep a small fraction of their total investment in liquid money market assets in order to meet redemption requests. In contrast, closed-end funds do not need to worry about redeeming shares, and therefore do not need to maintain a position in cash equivalents.

In addition, closed-end funds typically have more flexibility in their investment strategies, as they are not as concerned with maintaining liquidity to meet redemption requests. They may also have higher management fees, as they are traded on exchanges and require a higher level of management.

Overall, the difference in policies regarding cash equivalents between open-end and closed-end funds is largely a result of their differing structures and investment strategies.

To learn more about funds click on,

https://brainly.com/question/20350725

#SPJ4

The effective annual rate on this loan will be 4.85%.

Monthly payment = -$1,582.87 (using Excel PMT function with rate=4.7%/12, nper=60, pv=84500, fv=0)

Effective annual rate = 4.85% (using Excel EFFECT function with nominal_rate=4.7%, npery=12)

The monthly payment for a 60-month loan at an APR of 4.7% to buy a sports coupe for $84,500 is $1,582.87. This can be calculated using the Excel PMT function. The negative sign indicates that the payment is a cash outflow.

The effective annual rate on this loan is 4.85%, which can be calculated using the Excel EFFECT function. The effective annual rate takes into account the compounding of interest over the course of a year, and is therefore higher than the stated APR of 4.7%. This means that the borrower will pay slightly more in interest over the life of the loan than they would if the interest rate were only 4.7%. It is important to consider the effective annual rate when comparing loan offers from different lenders, as it provides a more accurate picture of the true cost of borrowing.

To learn more about annual rate, here

https://brainly.com/question/31355139

#SPJ4

There are five transportation modes. They are as follows:

Although Pipeline is also used for transportation, it is not considered a mode of transportation. Pipeline is used for transporting natural gas, petroleum products, and other chemicals that are in the liquid or gaseous state.Example of a good fit to transport using that mode

Example of a poor fit for that mode

Learn more about equipment: https://brainly.com/question/30265573

#SPJ11

The net cash provided by operating activities can be calculated using the indirect method of cash flow statement. First, we need to adjust the net income for non-cash expenses such as depreciation expense which was incorrectly charged to selling expenses, and the loss on sale of equipment which was incorrectly charged to cost of sales. This adjustment will increase the net income by $64,000 ($32,000 for each item).

Next, we need to adjust for changes in working capital items. There was an increase in accounts receivable of $144,000, an increase in inventory of $96,000, and an increase in accounts payable of $80,000. This indicates that the company sold more goods on credit, increased its inventory level, and took longer to pay its suppliers. These changes will decrease the net cash provided by operating activities by $160,000 ($144,000 + $96,000 - $80,000).
Finally, we need to adjust for the dividends paid during the year of $192,000. This is a cash outflow and will decrease the net cash provided by operating activities.
Therefore, the net cash provided by operating activities can be calculated as follows:
Net income + Depreciation expense - Loss on sale of equipment - Increase in accounts receivable - Increase in inventory + Increase in accounts payable - Dividends paid
= $288,000 + $32,000 - $32,000 - $144,000 - $96,000 + $80,000 - $192,000
= $(24,000)
The negative value indicates that the company had a net cash outflow from operating activities during the year. This is mainly due to the increase in working capital items and the payment of dividends. The company may need to review its inventory management, credit policies, and supplier payment terms to improve its cash flow position.

for more such questions on  expense

https://brainly.com/question/23282485

#SPJ11

The process of evaluating financial data that change under alternative courses of action is called "financial analysis" or "financial modeling."

Financial analysis involves the examination and interpretation of financial statements and other financial data to assess a company's financial health, performance, and potential. This analysis helps stakeholders make informed decisions about investments, financing, and other business operations.

Financial modeling, on the other hand, is the process of creating mathematical models and simulations to analyze the financial implications of different business decisions or scenarios.

This can involve using spreadsheets, statistical software, or specialized financial modeling tools to forecast future cash flows, assess risk, and evaluate the impact of changes in key variables such as interest rates, exchange rates, or market conditions.

To know more about financial data refer to-

https://brainly.com/question/29891241

#SPJ11

In the recent decades all of the following have altered existing communication channels except  e. National newspapers

In recent decades, several factors have significantly altered existing communication channels. These changes have been driven by advancements in technology and shifts in consumer behavior. However, one channel that has not experienced significant alteration is national newspapers.

The rise of the internet and digital media has had a transformative impact on communication channels. Social media platforms, online news outlets, and streaming services have gained immense popularity, providing new avenues for information dissemination and interaction. These digital platforms have reshaped how individuals consume and share news, with instant access to a vast array of content.

Traditional forms of media, such as television and radio, have also undergone changes to adapt to evolving consumer preferences. Streaming services and on-demand content have disrupted traditional broadcast models, allowing users to access content at their convenience.

While national newspapers still play a role in news dissemination, their influence and readership have declined in comparison to digital platforms. People increasingly rely on online sources for news, which offer real-time updates, customization, and interactive features.

Therefore the correct option is e. National newspapers

To know more about  communication , refer here :

https://brainly.com/question/29811467#

#SPJ11

Mercantilism and capitalism are two economic systems with fundamental differences in their approach to trade and wealth creation.

Mercantilism was an economic system that was prevalent in Europe during the 16th to the 18th century. It was based on the idea that the wealth and power of a nation depended on its ability to accumulate gold and silver.

This was achieved through the promotion of exports and the discouragement of imports, which led to a favorable balance of trade. Governments played an active role in promoting mercantilism, using tariffs, subsidies, and regulations to control trade and protect domestic industries.

Capitalism, on the other hand, is an economic system that emerged in the 18th century as a response to the limitations of mercantilism. It is based on the idea of free markets, where prices are determined by supply and demand, and private individuals or firms own and control the means of production.

Capitalism encourages competition, innovation, and investment, and relies on market forces to allocate resources and distribute wealth. Unlike mercantilism, capitalism does not rely on government intervention to regulate trade.

To know more about economic systems refer to-

https://brainly.com/question/27630988

#SPJ11

Norwood Company reported a receivables turnover ratio of 8. 3. Cost of goods sold was $365,000 and net sales revenue was $522,900. The average net receivables must have been is $63,012.05.

To calculate the average net receivables, we can use the formula for the receivables turnover ratio:

Receivables Turnover Ratio = Net Sales / Average Net Receivables

We are given that the receivables turnover ratio is 8.3, and net sales revenue is $522,900. Therefore, we can calculate the average net receivables as follows:

8.3 = 522,900 / Average Net Receivables

Average Net Receivables = 522,900 / 8.3

Average Net Receivables = $63,012.05

Therefore, the average net receivables for Norwood Company must have been $63,012.05.

To know more about ratio , refer here :

https://brainly.com/question/13419413#

#SPJ11