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Dafna11 [192]
2 years ago
9

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

Business
1 answer:
prisoha [69]2 years ago
8 0

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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Brianna is giving a speech on job specialization for her business class. She will most likely tell the class that one of the rea
Orlov [11]

Answer:

​the organization is too large for one person to do everything.

Explanation:

It is likely that Brianna will mention the fact that job specialization is necessary when an organization reaches a certain size. When an organization is very big, it becomes impossible for a single person to complete all tasks. Therefore, more employees have to be hired, and in order to be able to cooperate, they will have to divide their tasks. As these tasks are repeated, they will become more specialized.

hope this helps! have a wonderful day!

my name is brianna btw :) hehe

3 0
2 years ago
Carmel Rugs is holding a 2-week carpet sale at Jean’s Club, a local warehouse store. CarmelRugs plans to sell carpets for $1,000
OlgaM077 [116]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

CarmelRugs plans to sell carpets for $1,000 each. The company will purchase the carpets from a local distributor for $400 each, with the privilege of returning any unsold units for a full refund.

Jean’sClub has offered Carmel Rugs two payment alternatives for the use of space.

Option 1:

Fixed cost= $17,400 for the sale period

Option 2: 20% of the total revenues earned during the sale period.

Break-even point= fixed costs/contribution margin

Option 1:

Break-even point= 17400/(1000-400)= 29 carpets

Option 2:

Break-even point= (400+200)/(1000-400)=1 carpet (no fixed cost)

5 0
2 years ago
Summers, Inc., has net income of $50 million in the current year. Stockholders’ equity at the beginning and the end of the curre
vovikov84 [41]

Answer:

ROE = 33.33%

Explanation:

<em><u>return on equity:</u></em>

\frac{income}{average \: equity}

<em><u>where:</u></em>

Average equity

$$(beginning + ending equity) \div 2

(140 + 160) / 2 = 150

return on equity : 50 / 150 = 1/3 = 0.3333 = 33.33%

The ROE measures the effectiveness of the managers to generate profit with their current net assets(equity)

This ROE of 33.33% rrepresent that for every dollar of equity the company generates 33 cents of income

5 0
2 years ago
Bailey Company uses a periodic inventory system and its inventory records contain the following information: Units Total Cost Be
Gala2k [10]

Answer:

Ending inventory cost= $1,494

Explanation:

Giving the following information:

Beginning Inventory: 300 $780

Purchases:

May 10: 400 units for $1,170

June 15: 500 units for $1,260 ($2.52 per unit)

August 28: 300 units for  $990 ($3.3 per unit)

The company had 500 units were in its ending inventory at the end of the year.

Under FIFO (first-in, first-out), the ending inventory cost is calculated using the cost of the last units incorporated.

Ending inventory cost= 300*3.3 + 200*2.52= $1,494

5 0
2 years ago
Cliff Company traded in an old truck for a new one. The old truck had a cost of $130,000 and accumulated depreciation of $65,000
RSB [31]

Answer:

the recorded value of the new truck is $135,000

Explanation:

The computation of the recorded value of the new truck is given below;

In the case when the transaction has the commercial substance so the recorded value of the new truck would be equivalent to the invoice price or the fair value i.e. $135,000

Hence, the recorded value of the new truck is $135,000

The same would be considered and relevant

And all other values are to be ignored

4 0
1 year ago
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