Take out commitment is the term used for an is the term used for an agreement between the borrower and a permanent lender relative to future delivery of a takeout loan upon completion of construction.
A takeout mortgage is a method of financing agreement wherein a mortgage this is procured later is used to replace the preliminary mortgage. extra particularly, a takeout loan, or takeout financing, is lengthy-term financing that the lender guarantees to offer at a selected date or when particular criteria for final touch of a assignment are met.
A ahead takeout dedication is just a very highly-priced letter that promises to deliver a takeout mortgage inside the destiny if the property is constructed in line with plans and specifications and leased on the target condo price.
Take-out dedication is a written guaranty by means of a lender to provide everlasting financing to replace a short term loan at a unique future date if the mission has reached a certain level. A take-out commitment is quite commonplace in commercial real property improvement.
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What events cause debits to be recorded in the factory overhead account? what events cause credits to be recorded in the factory overhead account?
Factory Depreciation At purchase, the company records a debit to the machinery account and a credit to cash or accounts payable. Each year, the company will debit the factory overhead account and credit the accumulated depreciation account to reflect the annual depreciation of the machine.
What is Factory Depreciation?Factory depreciation, also known as manufacturing depreciation, refers to the decrease in the value of all assets associated with the product's manufacturing. Factory depreciation is charged as an expense as part of manufacturing overhead because it is considered an indirect cost.
Depreciation is the annual decrease in the value of an asset. It is calculated in equal annual increments over the equipment's useful life.
Depreciation expense is considered an indirect cost in the production department of a manufacturing company because it is included in factory overhead and then allocated to the units manufactured during a reporting period. The most common treatment within a business is to treat depreciation as an indirect cost.
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Describe the stages of team development. how would you facilitate a team's development through each stage?
Four stages of development move through are the following forming , storming, norming and storming.
Situational leadership by tuckman is the perfect fit for the explaination of this theory. Most high performing teams go through the five stage development process.
The internal characteristics are people in the team and how the interaction will take place amongst its members. Team usually develop each other through stage and process building that would significantly facilitate the development of the team. Cohesiveness determine the accept and confirm norms.
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Klaus invested $8,000 in a savings account. if the interest rate is 3.45%, how much will be in the account in 15 years by compounding continuously? round to the nearest cent.
$13,422.62 will be in the account in 15 years by compounding continuously.
Compound interest rateFormula: FV =PV * e^(i*t),
where FV =Future value,
PV=Present Value,
e =Euler’s number,
i =nominal rate per year,
t =Number of years.
Answer:
$13,422.62
that is why
FV =PV * e^(i*t),
A=?
P=$8,000
r=0.0435
t=15 years
A=8,000e0.0345*15
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When do producers benefit from an inelastic supply? When a tax is imposed when input costs increase when quotas are placed on goods when a subsidy is provided
When a subsidy is provided producers will benefit from an inelastic supply. When subsidy is provided to goods or services means price of good or services will decrease which will not decrease much percentage of supply due to which producers will get an advantage from an inelastic supply. This will be beneficial for both producer and consumer.
Supply is said to be inelastic when percentage change in supply is less than percentage change in price. For example - If price of milk increases by 20% and supply only decrease by 2%. This shows in spite of price of milk increased by huge amount but it does not bother it's supply to much. Some goods and services are inelastic in the market.
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Phil greb has a thriving practice in which he assists attorneys in preparing litigation dealing with accounting and auditing matters. he is ""practicing public accounting"" if he:____.
Phil greb has a thriving practice in which he assists attorneys in preparing litigation dealing with accounting and auditing matters. he is ""practicing public accounting"" if he uses his CPA designation on his letterhead and business card.
Accounting, also called bookkeeping, is the measurement, processing, and transmission of financial and non-financial information about economic entities such as businesses and enterprises.
1: A system for recording and summarizing business and financial transactions and analyzing, verifying and reporting the results: The principles and procedures of this system I learned accounting as a freshman.
2a: accounting or accountant work.
Definition of Accounting is the process of systematically recording and maintaining financial accounts. Creating an income statement is an example of accounting. noun.
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Compare the national cultures of the u. s. and india using hofstede’s dimensions. How might these differences affect ups’s formulation and implementation of an expansion strategy in india?
`The CAGE Distance Framework, commonly known as the Hofstede dimensions, can be used to pinpoint the cultural, geographic, economic, and governmental disparities between two nations.
Power Distancing: As per Hofstede dimension India has a high level of power distance because it acknowledges the disparity in power and has a strong power-distancing culture. The US nation has embraced a culture that reduces the power gap because it encourages equality at all social levels and fosters individual independence.
Uncertainty Avoidance: Hofstede dimension says India has a low to medium preference when it comes to the idea of avoiding uncertainty. The US nation has a culture that encourages initiative, the generation of new ideas, and the rejection of ambiguity.
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The united states and kenya are exploring the possibility of a trade deal. ________ refers to a situation in which a government does not attempt to restrict what its citizens can buy from or sell to another country.
Free trade refers to a situation in which a government does not attempt to restrict what its citizens can buy from or sell to another country.
What is Free trade?A free trade policy is one in which imports and exports are not restricted. It is also known as the free market concept applied to international trade.
Goods and services can be bought and sold across international borders with little or no government tariffs, quotas, subsidies, or bans impeding their interchange under a free trade policy. Trade protectionism and economic isolationism are the polar opposites of free trade.
Without the impact of tariffs, quotas, or subsidies, free trade allows consumers to pick what is best for them. Increased international competitiveness provides similar benefits to increased domestic competition: - Greater efficiency. - More variety and distinctiveness.
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How do you ensure that your proposed it governance strategy and plan are working?
Ensure that required processes are directly followed and outline roles and obligations. Define and report on critical success elements and associated Key overall performance signs. Facilitate implementation moves to remedy diagnosed possibilities.
Governance models need to establish the authority that presides over compliance, danger, felony, finance, and audit subjects. The model ought to additionally outline how the board will oversee risks throughout all regions and businesses. The organizational layout and reporting shape have to be made clear to personnel and stakeholders.
IT governance: gives readability between the commercial enterprise strategy and the IT strategy and tasks. Allows govt management and staff within your organization to set expectations, participate, speak, and establish accountability.
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A movement along the phillips curve shows that the unemployment rate and inflation rate are.
The Phillips curve argues that unemployment and inflation are inversely related
What is Phillips curve?The Phillips curve is an economic model named after William Phillips, who hypothesised a link between lower unemployment and higher rates of wage growth in an economy.
The Phillips curve is a graph that depicts the economic link between the rate of unemployment (or the rate of change in unemployment) and the rate of change in money earnings. It is named after economist A. William Phillips and suggests that when unemployment is low, wages tend to rise quicker.
According to the Phillips curve, inflation and unemployment are inversely related. Lower unemployment is associated with higher inflation, and vice versa. The Phillips curve was a notion used to drive macroeconomic policy in the twentieth century, but it was put into doubt by the 1970's stagflation.
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The business structure that is linear and has producers at one end and consumers at the other is known as a(n) ______
Pipeline is the business structure that is linear and has producers at one end and consumers at the other. A business structure is a term used to describe a company's legal structure and how it affects the day-to-day operations of a firm for example partnership. An unincorporated firm run by a single person is known as a sole proprietorship.
Corporations, partnerships, holding companies, non-profits, subsidiaries, and limited liability companies are a few examples of common business structures. Due to the lack of continuous procedures like shareholder meetings and voting, a sole proprietorship and partnership are easy to start up.
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When a new employee is trained at the work site by observing an experienced worker and then doing the task, it is:______.
When a new employee is trained at the work site by observing an experienced worker and then doing the task, it is on-the-job training.
What is meant by on-the-job training?
In a genuine or nearly real working environment, on-the-job training (OJT) is a practical method for gaining new competencies and skills needed for a job. In a real-world, simulation, or instructional setting, it is frequently used to learn how to operate specific tools or equipment.
What is one problem with On-the-job training?
If the person doing the work is unskilled, the new hire will learn how to complete the jobs incorrectly. It's possible that management is unaware of the employee's deficiencies in particular areas and is powerless to take corrective action.
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A home sells for $150,000 and has a mortgage loan balance of $100,000 at closing. if the commission is 5 nd other closing costs are $6,000. What is the seller’s net?
A home sells for $150,000
The loan balance of $100,000
If the commission is 5 nd other closing costs are $6,000.
The seller’s net would be $36,500
A loan is a loan of money by one or more individuals, entities, or other entities to another individual, entity, etc. Repayment amount of the principal borrowed.
A loan is a type of debt owed by an individual or other legal entity. A lender (usually a corporation, financial institution, or government) makes an advance payment to a borrower. In return, the borrower agrees to certain terms, including funding costs, interest, repayment dates, and other terms.
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If a landlord and a tenant have a dispute in Georgia: Select one: a. they may appeal to the real estate commission for a resolution. b. they must agree to binding arbitration. c. they must sue in a court of competent jurisdiction. d. they must be represented by a licensed Georgia attorney.
Option C. they must sue in a court of competent jurisdiction.
He is entitled to quiet exclusive enjoyment in your home. He has the right to contact the Landlord or his representative at a reasonable time. His landlord can enter his house only with your permission. He is entitled to the tenant's specific notice period.
If a landlord wishes to terminate a short-term lease, he ordinarily must give 90 days' notice. In some cases, landlords only need 42 days' notice. However, it should explain why there are so few notifications.
A landlord cannot force you to leave your home without notice. The notice period is usually 4 months, but in serious cases he may be shortened to 2-4 weeks.
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A(n)_____distribution system is one where all of the marketing functions at the retail level are managed by the producer.
A Marketing intermediary that brings buyers and sellers a distribution system is one where all of the marketing functions at the retail level are managed by the producer.
Inbound logistics brings raw materials, packaging, and other foodstuffs, research, and information from suppliers and producers. Material handling is the movement of goods from warehouses to factory floors and various workshops.
Logistics refers to that part of the supply chain specifically concerned with planning and managing the movement and storage of goods and services from their point of origin to their final destination. Logistics management starts with raw materials and ends with the delivery of finished products.
A distribution system is a chain of businesses or intermediaries through which goods or services move until they reach their final recipient or consumer. Sales channels include wholesalers, retailers, distributors, and even the Internet.
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The most striking difference between intellectual property (IP) and other types of physical property is that
The most striking difference between intellectual property (IP) and other types of physical property is that IP is intangible.
P stands for "psychological," and examples include inventions, creative works, computer programmes, and logos.
By using trade names, patents, designs, copyright, plant variety rights, or geographical indicators, they can be legally protected.
Trademarks, patents, and designs are examples of IP kinds that can be registered, but copyright is an example of IP that is automatically protected once it is established.
A subset of intangible assets (IA), which differ from physical assets like machinery in that they are not physical, is intellectual property.
Brand recognition, software codes, and goodwill are a few examples of non-IP intangible assets.
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The statement of cash flows shows a firm's revenues, costs of goods sold, expenses, and net income. True or false
Answer:
false
Explanation:
A statement of cash flows on tracks Cash, not credit, expenses, or any of that jazz. There are other financial reports to account for them.
When developing cash flows for capital budgeting, it is _____ to overlook important items.
When developing cash flows for capital budgeting, it is easy to overlook important items.
What is Capital Budgeting?The procedure a company uses to assess potential big projects or investments is called capital budgeting. Before a project is accepted or denied, capital budgeting is necessary.Examples of such projects include the construction of a new plant or a significant investment in a third party enterprise.A business may examine the lifetime cash inflows and outflows of a planned project as part of capital budgeting to ascertain whether the projected returns will satisfy an adequate target benchmark. The practice of capital budgeting is sometimes referred to as investment assessment.Discounted cash flow, payback, and throughput assessments are three of the main capital budgeting techniques.To learn more about capital budgeting with the given link
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______ students were twice as likely as their peers to cite economic reasons for dropping out of school.
The High school students were twice as likely as their peers to cite economic reasons for dropping out of school.
Males and females both have androgens and estrogens, however in exceptional amounts. Decreases in levels normally reduced male activity. Boys start puberty someday among the a long time of nine and 14. Boys hit puberty approximately two years later than ladies. but, Black and Hispanic boys have a tendency to go into puberty a bit earlier than white boys.
Even though it's known as the girl hormone, a person's frame additionally makes estrogen. A healthful balance of estrogen and testosterone is important for growth and improvement. while those hormones end up imbalanced, our improvement and function may be affected.
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Suggestion boxes, employee attitude surveys, and grievance procedures are examples of?
Suggestion boxes, employee attitude surveys, and grievance procedures are examples of upward communication.
An organizational structure defines the flow of information and different works in an organization. This structure defines the direction of workflow and formal communication in the company.
Organizational structure is a visual representation of decision-making. It is an extremely useful process in the division of roles, responsibilities, and their authorities in an organization.
Upward communication is that type of organizational communication in which the flow of information is flown from lower levels in an upward direction.
This type of communication creates a friendly environment in the organization because it is a type of vertical two-way communication. Upward communication enables the employees participation and boosts employee morale as they feel valued.
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A package of aluminum foil at kroger grocery store has no brand name on the package. this product is an example of a ____ brand.
This product is an example of a generic brand.
The generic brand is a sort of consumer product which is generally not advertised. Thus, it lacks a logo or widely recognized name. They are generally less expensive than brand name products, due to their lack of promotion.
These generic brands are also formulated to be alternatives for expensive branded goods. They are also common in pharmaceuticals and supermarkets and tend to be more prevalent during the recession.
Hence, as a package of aluminum foil at Kroger grocery store has no brand name on the package, so it is an example of a generic brand.
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When using the indirect method to complete the cash flows from operating activities section of the statement of cash flows, what is the proper disposition of a loss on disposal of equipment?.
The correct answer is to subtract the loss from net income proceeds from the sale of equipment ought to be included in net income within the working activities area. A loss on the deal of arrival ought to be added to net income within the working exercises segment.
What do you understand by Subtracting the loss from net income?In Accounting, under the indirect method of assessing or calculating money flow, the starting net cash flow is decided that’s enrolled within the course of all the working exercises in business. Any beginning net salary or net loss is registered within the starting beneath the round about strategy of completing money stream from working activities. Any non-cash costs or costs such as deterioration of physical resources and gear or amortization are included in the starting net wage level. Presently, any profit or misfortune from the transfer of long-term resources is subtracted from the net wage to decide the cash stream of working activityTo know more about money flow visit:
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The concept of ___________ requires prayerful consideration of what god is asking us to keep for the future.
The concept of saving requires prayerful consideration of what god is asking us to keep for the future.
Saving money gives you a way out of the uncertainties of life and provides you with an opportunity to enjoy a quality life. Thus, putting aside a sum of money for future in a systematic manner can help you steer out of many hurdles and obstacles in life.
Saving money for emergencies, short-term goals and long-term goals are all important. Saving money is important because it allows you to build wealth. Wealth in turn helps you to make more money.
Hence, the concept of saving requires prayerful consideration of what god is asking us to keep for the future.
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The total amount of cash and other assets that a corporation receives from its stockholders in exchange for its stock is:
Paid -in capital is the total amount of cash and other assets that a corporation receives from its stockholders in exchange for its stock. Paid-in capital is another name for the money and other assets that shareholders have provided a business in exchange for stock.
Contributed capital is the same thing. When a corporation offers equity stock based on a price that shareholders are ready to pay for them, investors make capital contributions. Contributed capital can also refer to stockholders' equity line item on company's balance sheet, which is frequently displayed next to balance sheet entry for additional paid-in capital.
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What are the major waves of change that are part of the challenges of managing a business in the new competitive landscape?
Globalization, technological change including the development and application of the internet, Knowledge Management, and collaboration across organizational boundaries.
Why Is the Competitive Landscape Important?The list of possibilities a consumer could select, not your product, is the competitive landscape. The products of your rivals and various kinds of client solutions are on the list. A customer could decide to buy a product.
What Is an Analysis of the Competitive Landscape?
It will take an investigation to get a full picture of the competitive situation. Product teams should undertake competitive analysis to discover all the products that could replace theirs. This analysis frequently shows that the team underestimated the size of the competitive ecosystem.
What Are the Advantages of a Competitive Landscape Analysis?
You can steer clear of costly errors. You can learn fresh concepts. You can discover new markets, sectors, and user personas.Learn more about the competitive landscape with the help of the given link:
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________ entails a process of balancing various engineering, manufacturing, marketing, and economic considerations to develop a product’s form and features or a service’s features.
Innovations entails a process of balancing various engineering, manufacturing, marketing, and economic considerations to develop a product’s form and features or a service’s features.
What is innovation?Innovation is the implementation of thoughts in a way that results in the creation of innovation or enhances the delivery of existing ones. "A new or changed entity realizing or redistributing value" is the definition of innovation. Others have different definitions, but they all place an emphasis on the novelty, development, and dissemination of concepts or technologies.
Innovation frequently occurs as a result of the creation of more efficient goods, procedures, services, technology, works of art, or marketing strategies that innovators render available to consumers, governments, and society. Innovation and invention are interrelated, but they are not the same thing. Innovation is more likely to entail the direct implementation of an invention, and not all innovations necessitate the development of new invention.
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Can companies easily develop compensations that are both internally consistent and market competitive
It is not easy to develop compensation systems that are both internally consistent and market competitive.
An internally consistent compensation system helps to keep the best and talented employees in the organization. On the other hand, the compensation system for market competitiveness helps to attract the best talent from the market.
As in a company the employees serve differently to an organization, and it will be difficult to compensate each employee according to their contribution towards the organization.
Hence, it is important to have a compensation system that is both internally consistent and market competitive.
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Firms are more likely to accept a special order for one of their products at a reduced price if?
Firms are more likely to accept a special order for one of their products at a reduced price if "excess capacity exists."
What are special order?The special order would be a purchase that the business did not plan for while creating its annual budget. This presents an additional chance to exceed sales targets in terms of revenue.
Some key points regarding the special order are-
Special orders frequently ask for a reduced price than what is usually provided and/or can incur additional expenses. Students frequently wish to ignore the order right away because of the cheaper price or lesser contribution margin. However, the purchase should be taken into consideration if it will result in more profit.Keep in mind that only a special order is one the business did not anticipate. The business must make sure there is extra capacity available to fulfill this request without jeopardizing the year's initial development plan.The consumer who requests the special order must not compete with current customers or the business, since this could lead to a decline in sales at regular pricing.To know more about the special order, here
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In kentucky, under which of these is the seller obligated to pay the listing agent a commission if the agent is working under an exclusive agency agreement?
Under an exclusive right agreement, the seller obligated to pay the listing agent a commission if the agent is working under an exclusive agency agreement in Kentucky.
This agreement also requires the seller of the house to pay a commission to the broker in case they are planning to sell the house to someone. This agreement not only grants the broker exclusive rights to collect commission if their property gets sold but also enables the broker to function as an agent for the owner in negotiating the sale of a property.
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The u.s. dollar suddenly changes in value against the euro moving from an exchange rate of $0.8909/euro to $0.8709/euro. thus, the dollar has ________ by ________.
The U.S. dollar suddenly changes in value against the Euro moving from an exchange rate of $0.8909/euro to $0.8709/euro. thus, the dollar has appreciated by 2.30%.
An exchange rate in finance is the price at which one currency will be exchanged for another. Although they are most frequently national currencies, currencies can sometimes be supra-national (like the euro) or sub-national (like Hong Kong).
The worth of one country's currency in respect to another is also considered to be represented by the exchange rate.
The exchange rate regime that will be used for each nation's currency is chosen independently. For instance, a currency could be hybrid, pegged (fixed), or floating. Governments have the authority to limit and regulate exchange rates.
The value of the US dollar against the Euro abruptly changes, going from $0.8909 to $0.8709 per euro. Consequently, the dollar has increased by 2.30 percent.
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If a competitive firm’s marginal revenue is equal to marginal cost, the firm is earning positive economic profits when ________
If a competitive firm’s marginal revenue is equal to marginal cost, the firm is earning positive economic profits when the price is above the average cost.
If the price exceeds average total cost, then the firm generates the economic profit, it means the profit which is above normal profit by production of the quantity that equates marginal revenue and marginal cost.
However, if the price falls below average total cost, then the firm faces an economic loss.
The average cost pricing rule is a standardized pricing rule which the regulators impose on certain businesses in order to limit what those companies are able to charge their consumers for its products or services to a price which is equal to the costs necessary to create the product or service.
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