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1 year ago

What document provided by the seller describes the condition of the property?

1 answer:

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The document that is being used by a seller in which the contents and description of the property is placed for the buyer to see is in the transfer disclosure statement. The transfer disclosure statement will provide the description of the property and if there are any damages in the property of additional fixtures or cost made. It could provide contents such as things having to be furnished or not.

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The Appliance Depot realizes that many of its customers purchase several appliances at one time and may not have immediate cash

photoshop1234 [79]

Answer:

Financing

Explanation:

Financing refers to usage of money and funds to finance the marketing agencies and promotions, in addition to financing the movement of goods through different channels of distribution.

Retailers usually use credit schemes to induce customers such as, payment in installments with zero interest payments. Such schemes enhance sales and also build consumer trust.

In the given case, Appliance Depot offers credit services whereby customers are granted convenient payment terms such as no down payment and interest free installments. This represents the marketing function of financing wherein the retailer facilitates financing customer's purchase via such credit schemes.

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1 year ago

Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $440 and has a unit cont

Tanya [424]

Answer:

$21,370

Explanation:

A composite unit is a set of different products grouped together in proportion to their sales mix. The unit is a basis for grouping products from different segments of an entity together with the aim of managing inventory levels, break even points, and sales.

The selling price of the composite unit can be calculated as follows:

||Bicycle model |No. of bicycles |Unit selling price |Total per composite unit

|Youth models| 5 | 440 | 2,200

|Adult models| 9 | 990 | 8,910

|Recreational models| 6 | 1,140 | 10,260

Selling price per composite unit 21,370

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2 years ago

When asked about those people who say his Sriracha sauce is too spicy, David Tran jokingly suggests the "use less" of the produc

just olya [345]

Answer:

An Undifferentiated Approach.

Explanation:

While dealing specifically with the marketing mix (product, price, place, promotion), an undifferentiated approach particularly refers to the situation when an organization provides its customers and market with the same product and offers even without considering the different needs and wants of different customer segments. Organization do not do segmentation and targeting, they believe that one single undifferentiated offer will fulfill the needs of their customers quite effectively.

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1 year ago

Read 2 more answers

Your client has been offered a 5-year, $1,000 par value bond with a 10 percent coupon. Interest on this bond is paid quarterly.

Serjik [45]

Answer:

$906.18

Explanation:

Step 1: Calculation of the present value of the coupon (PVC) cash flow

The formula for calculating the PV of an ordinary annuity is used as follows:

PVC = P × [{1 - [1 ÷ (1+r)]^n} ÷ r] …………………………………. (1)

Where;

PVC = Present value of the coupon (PVC) payment =?

P = Quarterly coupon amount = $1,000 × (10%/4) = $25

r = interest rate = 12% annual = 12% ÷ 4 quarterly = 3% or 0.03 quarterly

n = number of period = 5 years = 7 × 4 quarters = 28 quarters

Substitute the values into equation (1) to have:

PVC = 25 × [{1 - [1 ÷ (1+0.03)]^28} ÷ 0.03] = $469.10

Step 2: Calculation of the present value of the face value (PVFAV) of the bond

The simple PV formula is used as follows:

PVFAV = FAV ÷ (1 + r)^n ……………………………………. (2)

Where;

PVFAC = Present value of the face value of the bond = ?

FAC = Face value of the bond = $1,000

r and n are as already given in step 1 above

Substituting these values into equation (2), we have:

PVFAV = FAV ÷ (1 + 0.03)^28 = $437.08

Step 3: Calculation of the market price of the bond

Market price of the bond = PVC + PVFAC …………………………… (3)

From step 1, PVC is $469.10, and PVFAC is $437.08 from Step 2. We can them substitute for them in equation (3) and have:

Market price of the bond = $469.10 + $437.08 = $906.18

Conclusion

Therefore, she should pay $906.18 for the bond.

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2 years ago

Marigold Co. reports the following information for 2020: sales revenue $780,800, cost of goods sold $519,000, operating expenses

siniylev [52]

Answer:

Explanation:

The statement of stockholder's equity comprises common stock and retained earnings. The ending balance after adjustment shown in the attached spreadsheet.

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

And, the ending balance of the common stock = Beginning balance of common stock + issued shares

Before preparing the statement of stockholders’ equity we need to calculate the net income or net loss as the case may be. The computation is shown below:

Net income = Sales revenue - cost of goods sold - operating expenses

= $780,800 - $519,000 - $88,800

= $173,000

The preparation of the statement of stockholders’ equity is presented in the spreadsheet. Kindly find the attachment below:

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1 year ago