The accounting equation for Roth Service Co. is as follows: Assets = Liabilities + Equity. Accounts Receivable + Cash = Accounts Payable + Common Stock + Retained Earnings
Using the transaction data provided, the accounts can be organized as follows:
Accounts Receivable: $110,000 - $89,000 = $21,000
Allowance for Doubtful Accounts:
Current: $9,500 x 0.01 = $95
31-60 Days: $4,000 x 0.05 = $200
61-90 Days: $2,500 x 0.10 = $250
Over 90 Days: $3,000 x 0.50 = $1,500
Total Allowance: $2,045
The net realizable value of accounts receivable at December 31, year 1 is the difference between accounts receivable and the allowance for doubtful accounts:
$21,000 - $2,045 = $18,955
Using this information, we can prepare an income statement for Roth Service Co. for year 1:
Revenue: $110,000
Less: Allowance for Doubtful Accounts: $2,045
Net Revenue: $107,955
Expenses: Salaries Expense: $41,000
Net Income: $66,955
Therefore, the net realizable value of accounts receivable at December 31, year 1 is $18,955.
To learn more about account receivable, visit here
https://brainly.com/question/13166196
#SPJ4
my favorite quilt shop offers members of their fabric lovers club merchandise worth $20 for every $200 they purchase plus additional discounts on classes and new fabric lines. the fabric lovers club is a good way to develop... good customer service store awareness internal excellence customer loyalty
The Fabric Lovers Club is a good way to develop customer loyalty.
What is the Fabric Lovers Club?The Fabric Lovers Club is a club that provides its members with $20 worth of club merchandise for every $200 they spend, as well as additional discounts on classes and new fabric lines. The Fabric Lovers Club is an excellent way to establish customer loyalty. This is the correct answer to the question.
Other ways of developing customer loyalty-:
Good customer service: Customers that are happy with the service provided by a company are more likely to become repeat customers.Store awareness: The more a customer learns about a store and its items, the more likely they are to shop there.Internal excellence: A company that prioritizes quality and efficiency is more likely to retain customers than one that does not.The Fabric Lovers Club is a good way to develop customer loyalty. By offering club merchandise worth $20 for every $200 spent, as well as additional discounts on classes and new fabric lines, the quilt shop encourages customers to keep coming back and making purchases, thus building loyalty among its members.
To know more about customer loyalty, visit:
https://brainly.com/question/942912#
#SPJ11
a job cost sheet includes: select one: a. direct materials, direct labor, and operating costs. b. direct materials, estimated overhead, and administrative costs. c. direct labor, actual overhead, and selling costs. d. direct material, direct labor, and applied overhead. e. direct materials, direct labor, and selling costs
A job cost sheet includes direct material, direct labor, and applied overhead.
The correct answer is d.
In general , job cost sheet is a document used to record the direct materials, direct labor, and overhead costs associated with a particular job or project. The purpose of a job cost sheet is to provide a detailed breakdown of the costs associated with a specific job.
Also it can includes Direct labor represents the wages and benefits paid to employees who work directly on the job or project. Applied overhead is an estimate of the indirect costs associated with the job, such as rent, utilities, and depreciation, which are allocated to the job based on a predetermined rate.
Hence, D is the correct option
To learn more about job cost sheet , here
brainly.com/question/21432925
#SPJ4
which of the following statements is correct about insurance advertising rules? a)they may state that a policy is a special offer, if that is true. b)they cannot use testimonials. c)they do not apply to sales talks. d)they cannot mention preexisting condition exclusions.
Insurance advertising rules prohibit the use of testimonials in their ads. Option b is correct.
Testimonials refer to endorsements or recommendations from satisfied customers. The reason for this rule is to prevent insurers from using misleading or false statements that may create unrealistic expectations for potential customers. Insurance ads should accurately reflect the benefits, costs, and risks associated with the policy being advertised. Advertisers may only use verifiable and quantifiable statements in their ads to support their claims. Additionally, ads must be truthful, fair, and not deceptive. Advertisers must adhere to these rules to maintain the trust and confidence of consumers in the insurance industry. Option : b is correct.
To know more about Advertisers, here
brainly.com/question/3163475
#SPJ4
which of the following statements is true of skills? it includes recruitment, hiring, training, promotion, and compensation. it refers to the abilities of individuals, groups, or organizations to perform tasks. it helps create alignment between goals, skills, and environmental needs. it represents the most important
The following statement is true of skills: it refers to the abilities of individuals, groups, or organizations to perform tasks.Skills refer to the abilities of individuals, groups, or organizations to perform tasks.
It is an essential aspect of employment and career development. The acquisition of new skills, the enhancement of existing skills, and the recognition of the need for continued learning are all important components of career success.Recruitment, hiring, training, promotion, and compensation are all important components of the human resource management process. Skills are one of the critical factors that employers consider when recruiting new employees. To develop the necessary skills and knowledge, employers provide training to their employees.Skills development aids in creating alignment between goals, skills, and environmental needs. It is the most critical factor for determining the success of any organization.
Know more about Skills here:
https://brainly.com/question/22072038
a farmer will harvest his corn crop in six months but wants to lock in a price today. the farmer will most likely
A farmer wants to lock in a price today even though his corn crop won't be harvested for six months. Most likely, the farmer will sell a corn futures contract. Option B is Correct.
A forward or futures contract's seller is required to produce the underlying upon demand. The farmer commits to selling corn in six months at the agreed-upon contract price by selling a corn futures contract.
A and C are mistaken because, in order to purchase (take a long position in) a corn futures contract or a corn forward contract, respectively, the farmer would have to buy corn, not sell it, in the future, which is contrary to what the farmer wants to do. Option B is Correct.
Learn more about futures contract Visit: brainly.com/question/29802405
#SPJ4
Correct Question:
A farmer will harvest his corn crop in six months but wants to lock in a price today. The farmer will most likely:
A. buy a corn futures contract.
B. sell a corn futures contract.
C. buy a corn forward contract.
a(n) distribution intensity helps a seller maintain a particular image and control the flow of merchandise into an area.
Exclusive distribution intensity helps a seller maintain a particular image and control the flow of merchandise into an area. The correct option is D.
Exclusive distribution is a distribution approach where the seller limits the availability of a product to one or a few retail outlets within a geographic region. This approach helps the seller maintain a particular image and control the flow of merchandise into the area, making it attractive to many shopping-goods manufacturers.
Exclusive distribution is often used for high-end and luxury products, such as designer clothing, high-end consumer electronics, and premium home appliances. It is also used for products that require a high level of technical support, such as industrial machinery and complex computer systems.
By limiting the number of retail outlets, the manufacturer can maintain tighter control over the pricing and presentation of the product. It also ensures that the product is available only in stores that meet certain standards, such as those with a high level of customer service or a specific target market.
Overall, exclusive distribution can help the manufacturer maintain the desired brand image and create a sense of exclusivity and desirability around the product.
Therefore, correct option is D.
To learn more about distribution click on,
https://brainly.com/question/29576165
#SPJ4
Complete question is:
_____ distribution helps a seller maintain a particular image and control the flow of merchandise into an area, which makes this approach attractive to many shopping-goods manufacturers, such as most apparel items, home items like branded pots and pans or sheets and towels, branded hardware and tools, and consumer electronics.
A) Variable
B) Selective
C) Intensive
D) Exclusive
E) Collective
which of the following is true of active bond portfolio management? group of answer choices most people find it easy to do successfully. it cannot include immunization. it is very difficult to do successfully. it never includes any duration management.
The correct option is C, The announcement "it is very difficult to do successfully" is true of lively bond portfolio management.
A portfolio manager is a financial professional who is responsible for managing an investment portfolio on behalf of an individual or an institution. Their role is to make investment decisions that align with the investor's financial goals and risk tolerance. Portfolio managers may manage portfolios of stocks, bonds, real estate, commodities, or a combination of asset classes. They must have a deep understanding of the financial markets, economic trends, and the specific investments in their portfolios.
Portfolio managers are responsible for communicating with their clients or investors, providing regular updates on the portfolio's performance, and making recommendations for any necessary changes to the investment strategy. Overall, the role of a portfolio manager is critical to achieving long-term investment success and requires a combination of analytical skills, financial expertise, and effective communication.
To learn more about Portfolio Management visit here:
brainly.com/question/28607336
#SPJ4
Complete Question:-
Which of the following is true of active bond portfolio management?
a. most people find it easy to do successfully.
b. it cannot include immunization.
c. it is very difficult to do successfully.
d. it never includes any duration management.
which of the following is not possible for a business transaction? group of answer choices increase liabilities and increase expense. decrease assets and increase expense. decrease liabilities and increase revenue. increase assets and decrease revenue.
A business transaction can't increase assets and decrease revenue. The other options, which involve changes to liabilities and expenses or assets and expenses, are possible.
Transactions in business involve the trade of products or services for money or other assets. A company transaction can increase liabilities and reduce assets while decreasing assets and increasing expenditures. A deal may also reduce liabilities while increasing income. A transaction cannot, however, expand assets while decreasing income.
This is because assets reflect a company's resources that can be used to produce revenue. A decline in income is usually accompanied by a decrease in assets or a rise in liabilities.
Learn more about liabilities:
https://brainly.com/question/29237773
#SPJ4
which of the following is false regarding what organizations now realize about public relations? question 19 options: it is often preferable to operate without implicit trust of the public. a favorable image can disappear in an instant when negative perceptions emerge. touting good works is critically important at all times. improving their image means they must operate with implicit trust of the public.
Improving their image often means operating without implicit trust of the public is false regarding what organizations now realize about public relations. Option D is the correct answer.
Public relations is the process of gathering and disseminating information to the general public in an effort to alter public perceptions of an individual or an organization. Public relations may help a business or individual become visible to their target audiences by using news items and non-financial concerns of broad interest. The main source of exposure is the media. Option D is the correct answer.
Public relations is to acquire free publicity for clients rather than spending money on paid media such as marketing or advertising. The aim of public relations is to educate current and prospective customers, shareholders, partners, employees, and to influence them to maintain a positive or favorable perception of the organization, its administration, its goods, or its political decisions. Option D is the correct answer.
Learn more about Organization here:
https://brainly.com/question/19334871
#SPJ4
every wednesday, households in the city of parkview receive a free community newspaper that contains extensive advertising pages of local businesses. this newspaper is an example of a(n)
The free community newspaper distributed to households in the city of Parkview is an example of a promotional or advertising medium.
Advertising media refers to the various channels or vehicles that businesses use to convey promotional messages to their target audience. Examples of advertising media include print media, such as newspapers, magazines, and flyers, as well as electronic media, such as radio, television, and the internet.
The free community newspaper is a form of print media that local businesses can use to reach out to potential customers in the Parkview area. By placing ads in the newspaper, businesses can promote their products and services to a large and diverse audience, potentially increasing their visibility and customer base.
To know more about promotional click here
brainly.com/question/29347514
#SPJ4
haven company uses the percentage of sales method for recording bad debts expense. for the year, cash sales are $600,000 and credit sales are $2,200,000. management estimates that 1% is the sales percentage to use. what adjusting entry will haven company make to record the bad debts expense? ch-8-q-87 group of answer choices a b c d
The adjusting entry for Haven Company to record the bad debts expense is $28,000.To record the bad debts expense for Haven Company using the percentage of sales method, follow these steps:
1. Determine the total sales: Combine cash sales and credit sales. In this case, cash sales are $600,000 and credit sales are $2,200,000. Total sales = $600,000 + $2,200,000 = $2,800,000.
2. Calculate the estimated bad debts expense: Multiply the total sales by the sales percentage management provided (1%). Bad debts expense = $2,800,000 * 0.01 = $28,000.
3. Make the adjusting entry: The adjusting entry to record the bad debts expense will require two accounts, Bad Debts Expense and Allowance for Doubtful Accounts. You will debit Bad Debts Expense and credit Allowance for Doubtful Accounts.
Here is the adjusting entry for Haven Company to record the bad debts expense:
Debit: Bad Debts Expense $28,000
This entry records the estimated bad debts expense for the year, which will be reflected in the company's income statement. The credit to allowance for Doubtful Accounts increases the reserve for potential uncollectible accounts, ensuring that the balance sheet accurately represents the net realizable value of accounts receivable.
To know more about Bad debts Expense click here
brainly.com/question/9314288
#SPJ11
the textbook authors cite an example of tupperware, avon and other america direct marketing companies being required to modify their business model (i.e. from direct selling to retail) to remain in china. this is an example of , which can impact global negotiations.
The writers of the guidebook use the example of Tupperware, Avon, and other American direct marketing firms having to change their business strategy in order to continue operating in China. This is an example of direct selling.
In the direct selling business strategy, a client purchases goods from a parent company and then sells them directly to customers. Either single-level marketing or multi-level marketing are viable options. Various business models based on person-to-person selling outside of a store setting, such as social media platforms or the house of the salesman or potential client, are collectively referred to as "direct selling." Sales made through the party plan, one-on-one demonstrations, and other forms of human interaction are all included in modern direct selling, in addition to online transactions.
Know more about Direct selling here:
https://brainly.com/question/16339654
#SPJ4
what are the economic benefits to the host (destination) country and the benefits to the home (origin) country of migrant workers?
For the host country, migrant workers can fill labor shortages in certain sectors of the economy. For the home country, migrant workers can benefit the economy by sending remittances back to their families.
This can help to keep production costs low, increase productivity, and drive economic growth. Migrant workers may also contribute to the tax base of the host country through income and consumption taxes, and they may even start their own businesses, creating new jobs and economic opportunities.
Remittances can provide a vital source of income for families in the home country, particularly in areas where job opportunities may be limited. These remittances can also support local businesses and contribute to the development of the local economy.
Overall, the economic benefits of migrant workers to both the host and home countries can be significant, contributing to economic growth, job creation, and poverty reduction.
However, it is important to ensure that migrant workers are treated fairly and have access to decent working conditions, as exploitation and abuse can have negative consequences for both the workers and the economy.
To learn more about workers click on,
https://brainly.com/question/24250447
#SPJ4
in years to come, should hain try to grow primarily organically, through collaborative strategies such as joint ventures and strategic alliances, or through mergers and acquisitions? explain
Compared to a joint venture, a strategic alliance is less complicated and legally enforceable. A contract agreement between two or more parties, containing all the details about a share of profit and loss, etc., is required for a joint venture.
An agreement between two businesses to collaborate on a task that will be advantageous to both sides while preserving their individual autonomy is known as a strategic alliance. The agreement is less complicated and legally binding than a joint venture, which entails two businesses combining resources to create a new corporate entity. All businesses and situations can't be solved through strategic collaborations. Strategic partnerships, however, allow companies to expand into new markets, improve their market share, hire talent, and share the cost and risk of major development projects. A strategic alliance is an arrangement between two parties intended to serve their common interests. Both parties are in a stronger position to achieve their goals by working with another party when each side frequently supplies some kind of resource it permits the other party to use.
Learn more about strategic alliance from
https://brainly.com/question/28287869
#SPJ4
which of the following are true of dividends? multiple select question. they are required by law of every corporation that issues common stock. they are deductible for corporate tax purposes. they are taxable to individual shareholders. they are paid at the discretion of the board of directors.
Out of the given options, the following statements are true of dividends
1. They are taxable to individual shareholders
2. They are paid at the discretion of the board of directors
1. They are taxable to individual shareholders: Dividends received by shareholders are considered as income and are generally subject to taxes, depending on the tax laws of the respective country.
2. They are paid at the discretion of the board of directors: The decision to pay dividends, as well as the amount and timing, is made by the corporation's board of directors. They may choose to pay dividends or retain earnings for various reasons, such as reinvesting in the business or managing cash flow.
The other two statements are not true:
- They are not required by law for every corporation that issues common stock: There is no legal requirement for corporations to pay dividends. Companies may choose to reinvest their earnings back into the business or use them for other purposes.
- They are not deductible for corporate tax purposes: Dividends paid to shareholders are not considered a deductible expense for corporations when calculating taxable income. Instead, dividends are distributed from the company's after-tax earnings.
For more such question on dividends
https://brainly.com/question/2960815
#SPJ11
when the u.s. imposes tariffs ? a. the u.s. producer surplus increases by more than the us consumer surplus increases. b. the u.s. producer surplus increases by less than the us consumer surplus increases. c. the u.s. producer surplus increases by more than the us consumer surplus decreases. d. the u.s. producer surplus increases by less than the us consumer surplus decreases.
When the US imposes tariffs, the US producer surplus increases by more than the US consumer surplus increases.
Tariffs increase the price of imported goods, making them more expensive for consumers, which reduces their demand. As a result, domestic producers increase their production, which leads to higher prices, larger profits, and increased producer surplus. However, consumers bear the cost of the tariffs, leading to a decrease in consumer surplus. Therefore, the increase in producer surplus is greater than the increase in consumer surplus, resulting in a net loss for the economy.
To know more about tariffs click here
brainly.com/question/29775921
#SPJ4
whatever, inc., has a bond outstanding with a coupon rate of 5.74 percent and semiannual payments. the yield to maturity is 6.1 percent and the bond matures in 20 years. what is the market price if the bond has a par value of $1,000? excel
The market price of the bond is $909.10 is the yeild of maturity is 6.1 percent and the bond matures in 20 years.
To calculate the market price of the bond, we can use the following formula in Excel:
where:
rate/2 = semiannual yield to maturity
years*2 = total number of periods (semiannual payments) until maturity
par value = $1,000 (the face value of the bond)
coupon rate = 5.74% (annual coupon rate)
PMT = semiannual coupon payment
Using this formula, we get:
=
[tex]PMT(0.061/2,202,10000.0574/2)/(1+0.061/2)^202 + 1000/(1+0.061/2)^202[/tex]
which simplifies to:
=$909.10
Market price refers to the current price at which a particular asset, commodity, or security is traded in an open market, such as a stock exchange or a commodity market. It is the price at which buyers and sellers agree to buy and sell a particular asset or security at a given time.
The market price is determined by the forces of supply and demand, where the demand for a particular asset or security by buyers and the supply of it by sellers meet at a particular price point. Factors such as economic conditions, news, and events can also influence the market price of an asset or security.
learn more about market price here:
https://brainly.com/question/17205622
#SPJ1
in the short run, a firm that produces and sells computers can adjust question 21 options: how many workers to hire. where to produce along its long-run average-total-cost curve. all of the above are correct. the size of its factories.
A firm that makes and sells computers might change how many employees it hires in the near term. Option 1 is Correct.
A firm's minimal AVC is the lowest price at which it will produce goods or services. The company's overall income at this pricing barely covers its whole variable costs. The company's loss is the same as its fixed expenses. The company would suffer a loss higher than its fixed expenses at any lower market pricing.
When a company's workers output rises in the near term, its average fixed cost falls. No matter how many outputs are generated, fixed costs stay the same. Hence, fixed cost contribution per unit diminishes as output increases. Option 1 is Correct.
Learn more about firm Visit: brainly.com/question/28234604
#SPJ4
Correct Question:
In the short run, a firm that produces and sells computers can adjust question 21 options:
1. how many workers to hire.
2. where to produce along its long-run average-total-cost curve.
3. all of the above are correct.
4. the size of its factories.
which of the following refers to a group of closely related product items? a. product mix b. product line depth c. product line d. product mix width
The group of closely related product items represents option c. product line.
These products are usually similar in terms of their features, functions, customer segments, and distribution channels.
Product line depth refers to the number of products within a product line.
Product mix refers to the entire range of products offered by a company.
Product mix width refers to the number of different product lines that a company offers.
Product line decisions involve choices related to product development, pricing, branding, and marketing strategies, among others.
Product line strategies are important for companies to manage their product portfolio and cater to different customer needs and preferences.
Some examples of product lines could be,
Different models of smartphones offered by a mobile phone company, or various flavors of toothpaste offered by a toothpaste brand.
Therefore, the group closely related to product items is option c. product line.
learn more about product here
brainly.com/question/30052171
#SPJ4
ou've created the pivotchart below. you've decided that you would rather see regions along the horizontal axis and salespeople in the legend. what do you do?
To change the orientation of the PivotChart and switch the axis fields, follow these steps:
Click anywhere in the PivotChart to activate it.
Go to the "Design" tab on the ribbon, under the "PivotChart Tools" section.
Click on the "Switch Row/Column" button in the "Data" group.
The chart will be updated with the regions now along the horizontal axis and salespeople in the legend.
Alternatively, you can also drag and drop the field headers from the "Axis Fields" and "Legend Fields" areas in the "Fields" pane to switch them around.
To know more about orientation click here
brainly.com/question/12049504
#SPJ4
kerri is employed at a warehouse and her job involves assembling display booths for use at conventions. which warehouse function is kerri responsible for?
kerri is responsible for production warehouse function.
The goods needed for manufacturing processes are kept in a production (or manufacturing) warehouse. These facilities are used to store and supply semi-finished goods, production parts, components, and raw materials. Moreover, these facilities supply firm production lines, ensuring continuous production. As a result, these supply facilities are typically built close to the manufacturing hubs. Pallet conveyors can automatically deliver the goods to the production lines because they are frequently connected to the plants themselves.
Learn more about warehouse here-
https://brainly.com/question/30050363
#SPJ1
if aggregate supply is vertical, what role does aggregate demand play in determining output? in determining the price level? briefly explain your answers.
The amount of production is unaffected by aggregate demand if aggregate supply is vertical. Aggregate demand, however, can only result in changes to the price level that are inflationary.
The amount of production is unaffected by aggregate demand when aggregate supply is vertical. On the other side, aggregate demand can only result in price inflation. The link between aggregate demand (AD) and aggregate supply is the main focus of Keynes' theory of the determination of equilibrium income and employment (AS).
He contends that, given the amount of aggregate supply, the economy's aggregate demand (AD) determines equilibrium employment (income) (AS). The aggregate demand/supply model illustrates how the economy's total supply or total demand is determined.
Learn more about aggregate supply Visit: brainly.com/question/15100476
#SPJ4
you are planning to rent a condo. your monthly rent will be $900, and your renters insurance will be $1,500 per year. what is the adjusted monthly cost for renting this condo?
The adjusted monthly cost for renting this condo is $1,025.
When planning to rent a condo with a monthly rent of $900 and a renter's insurance cost of $1,500 per year, the adjusted monthly cost for renting the condo can be determined by dividing the yearly renter's insurance cost by 12 (months in a year) and adding it to the monthly rent. This is given as: $1,500 ÷ 12 + $900 = $125 + $900 = $1,025.
Hence, the adjusted monthly cost for renting this condo is $1,025. Given,Monthly rent = $900 Renter's insurance = $1,500 per yearTo determine the adjusted monthly cost for renting this condo, we need to divide the yearly renter's insurance cost by 12 and add it to the monthly rent .Annual renter's insurance cost = $1,500 Dividing both sides by 12 to find the monthly renter's insurance cost, we get: $1,500 ÷ 12 = $125.
Therefore, the monthly cost of renter's insurance is $125.Now, adding the monthly rent and the monthly renter's insurance cost, we get:$900 + $125 = $1,025 The adjusted monthly cost for renting this condo is $1,025.
For more such question on renting visit:
https://brainly.com/question/29050680
#SPJ11
of the following bond types, which is issued by a public entity? general obligation bonds auction-rate bonds lease revenue bonds all of the above
All of the above bond types can be issued by public entities.
General obligation bonds are issued by a state or local government to fund public projects such as schools, roads, and parks. These bonds are backed by the government's ability to levy taxes on its citizens, which provides investors with a relatively low-risk investment.
Auction-rate bonds are a type of bond in which the interest rate is reset through periodic auctions. These bonds can be issued by both public and private entities, although they are often associated with municipalities.
Lease revenue bonds are issued by a public entity to finance the construction or acquisition of a revenue-generating asset, such as a toll road or a parking garage. The bonds are backed by the revenue generated by the asset, rather than the full faith and credit of the government.
Learn more about public entities here: https://brainly.com/question/28282776
#SPJ11
3. the mcallisters had several serious problems with their house, including leaks in the ceiling, a buckling wall, and dampness throughout. they repaired the buckling wall by installing i-beams to support it. they never resolved the leaks and the dampness. when they decided to sell the house, they said nothing to prospective buyers about the problems. they stated that the i-beam had been added for reinforcement. the silvas bought the house for $60,000. soon afterwards, they began to have problems with leaks, mildew, and dampness. your are the plaintiffs attorney in this case. your job is to secure damages for the plaintiff. what is your argument that the plaintiffs are legally entitled to damages? draft an argument for the court.
As the plaintiffs' attorney, I argue that the McAllisters knowingly concealed significant defects in their house, including leaks in the ceiling and dampness throughout, which directly caused the Silvas to suffer damages. The plaintiffs, the Silvas, are legally entitled to damages due to the defendants' failure to disclose these material defects and misrepresenting the reason for installing the i-beams.
Firstly, the defendants were aware of the issues in the house, including the leaks and dampness, as they had attempted to repair the buckling wall by installing i-beams. However, they did not address the underlying causes of these problems, and instead, chose to conceal them from the prospective buyers.
Secondly, during the sale process, the defendants misrepresented the purpose of the i-beams by stating that they were added for reinforcement, while failing to mention the actual reason, which was to support a buckling wall caused by the unresolved leaks and dampness.
As a result of this concealment and misrepresentation, the Silvas purchased the house for $60,000 without being informed about the existing defects, which they would have considered when deciding to buy the property and negotiating the purchase price. After the purchase, the Silvas encountered problems with leaks, mildew, and dampness, leading to damages and additional expenses to repair and remediate the issues.
In conclusion, the plaintiffs are legally entitled to damages due to the defendants' failure to disclose material defects in the house and misrepresenting the reason for the i-beams installation. The defendants' actions directly caused the plaintiffs to suffer damages, which they should be compensated for.
For more such questions on Plaintiffs
https://brainly.com/question/24910850
#SPJ11
the part of the project's executive summary should help executives understand both the magnitude and timing of the investment. a.expected costs b.critical success factors (csfs) c.anticipated benefits d.project objectives statement
The part of the project's executive summary that helps executives understand both the magnitude and timing of the investment is the expected costs section.
This section outlines the total cost of the project and provides a breakdown of the various costs involved. It helps executives to understand the financial impact of the project and the amount of resources that will be required. The critical success factors (CSFs) section outlines the key factors that will determine the success of the project. The anticipated benefits section outlines the expected benefits that will result from the project. The project objectives statement outlines the specific objectives of the project and how they will be achieved.
To know more about magnitude click here
brainly.com/question/14452091
#SPJ4
which of the following is not a management issue central to strategy implementation? a. performing an internal audit b. developing an effective human resources function c. minimizing resistance to change d. devising policies e. revising reward and incentive plans
The option that is not a management issue central to strategy implementation is option (d) devising policies
Performing an internal audit helps identify strengths and weaknesses within the organization that may impact strategy implementation. Developing an effective human resources function is important because it ensures that the organization has the right people, with the right skills, in the right positions to carry out the strategy.
Minimizing resistance to change is critical because people are often resistant to change, and overcoming this resistance is essential to the successful implementation of a new strategy. Revising reward and incentive plans is important because it helps to align employee behavior with the new strategy and can motivate employees to work toward strategic goals.
Devising policies may be important in some contexts, but it is not a management issue central to strategy implementation. Policies are generally established to govern behavior or provide guidance on specific issues, and while they may be helpful in supporting strategy implementation, they are not a critical management issue that must be addressed in order to successfully implement a strategy.
Therefore, the correct option is (d) devising policies
Learn more about strategy implementation here
brainly.com/question/12541059
#SPJ4
how much is newarks cost of sales newark company has provided the following information: cash sales, $520,000 credit sales, $1,420,000
The cost of sales for Newark Company can be calculated based on the given information of cash sales and credit sales. First, let's define the terms and then follow the steps to find the cost of sales:
- Cash sales: The amount of revenue generated from sales paid in cash, which is $520,000 in this case.
- Credit sales: The amount of revenue generated from sales made on credit, which is $1,420,000 in this case.
Step 1: Calculate the total sales
To find the total sales, we need to add the cash sales and credit sales together:
Total sales = Cash sales + Credit sales
Total sales = $520,000 + $1,420,000
Step 2: Find the cost of sales
Unfortunately, the provided information does not give any direct details about the cost of sales for Newark Company. Cost of sales typically includes the direct costs of producing or purchasing the goods or services that the company sells, such as raw materials, labor, and manufacturing overhead.
Without this information, it's impossible to calculate the exact cost of sales for Newark Company. However, if you can obtain information on the cost of goods sold (COGS), gross margin, or any other details related to production or purchasing costs, you can then calculate the cost of sales for Newark Company.
To know more about cost of sales click here
brainly.com/question/20599098
#SPJ11
which of the following is the most likely effect of lower apple juice prices on the price and quantity purchased of orange juice, a substitute product? group of answer choices the price of orange juice will increase, and the quantity purchased will fall. the price of orange juice will fall, and the quantity purchased will increase. the price of orange juice will increase, and the quantity purchased will increase. the price of orange juice will fall, and the quantity purchased will fall.
The most likely effect of lower apple juice prices on the price and quantity purchased of orange juice, a substitute product is: The price of orange juice will fall, and the quantity purchased will fall.
Products that can be used equally are known as substitutes. They are options because they share characteristics and offer solutions to the same issues. Direct and indirect substitutes come in two varieties. Depending on how closely the products are correlated, an individual may belong to any of the categories.
An item is a direct substitute if it can be readily replaced by another one. It implies that comparable problems can be solved by this product. Products with weak correlations to one another are said to be indirect substitutes; however, they are still capable of replacing the primary object.
Learn more about substitute products:
brainly.com/question/10423146
#SPJ4
apoorva works in the marketing department of a major insurance company located in her hometown. she finds her work very satisfying. due to her attitude, apoorva is likely to have a high level of .
Apoorva works in the marketing department of a major insurance company located in her hometown. She finds her work very satisfying. Due to her attitude, Apoorva is likely to have a high level of job satisfaction.
What is attitude?Attitude can be defined as the set of thoughts, emotions, and behaviors directed toward a specific object, person, thing, or event. Attitude formation occurs through a variety of processes, including direct experience, social learning, and cognitive appraisal.
Attitudes can influence behavior and decision-making in a variety of ways, making them a significant consideration in fields such as psychology, sociology, and marketing.
Job satisfaction is an emotional and cognitive response to one's work that reflects the degree to which a person is satisfied with their job. Individuals who are satisfied with their jobs are more likely to be productive, engaged, and loyal to their employers. Job satisfaction can be influenced by a variety of factors, including work environment, job responsibilities, pay and benefits, and social relationships at work.
Marketing is the process of creating, promoting, and distributing products or services to a target audience. It involves understanding consumer needs and wants, developing effective marketing strategies, and implementing those strategies to achieve specific marketing objectives. Marketing can be a highly rewarding career for individuals who are passionate about understanding consumer behavior and developing effective marketing campaigns.
See more about attitude in:
https://brainly.com/question/30123855
#SPJ11