Twenty years ago, a family purchased a vacant lot for $26,500. they made no improvements during the time they owned the property. recently, they sold the lot for $62,275. what was their percentage of gross profit?
Answer:
The percentage of gross profit is 57%.
Explanation:
This problem requires us to calculate the percentage of gross profit. Cost of item sold and its sale price is given in the question. Detail calculation is given below.
First calculating Gross profit
Gross profit = 62,275 - 26,500 = $ 35,775
Gross profit percentage = Gross profit/Sales * 100
= 35,775/62,275 * 100 = 57%
Comparison of product features is part of the ____ phase of the decision-making process
Miguel is doing a research paper on new york city's stone wall riots of 1969. he visits the scene of the riots, interviews people who were there, reads the police reports or the event, and watches video footage. miguel is conducting a(n) ________.
Based on the actions taken by Miguel, we can say that Miguel is conducting a case study.
What is a case study ?A case study is an in-depth investigation of a single individual, group, community, or other unit. It is a qualitative research method that involves collecting data from multiple sources, such as interviews, observations, and documents.
In Miguel's case, he is collecting data from a variety of sources to understand the Stonewall Riots of 1969. He is visiting the scene of the riots to get a sense of the physical location and to see how it has changed over time.
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Recently, the government noticed that the consumption of cigarettes has increased among working individuals. To counter this increase, the government decides to raise the cost of cigarettes by increasing the excise tax on them. After six months, the government observes that the consumption of cigarettes has decreased to some extent. Which type of taxation did the government use? direct tax indirect tax progressive tax proportional tax
Which of the following examples is the best demonstration of a qualification profile?
A. Highly motivated IT college graduate with software design internship. Experience with Java, XML, and HTML. Logical and systematic problem-solver; capable of independently troubleshooting and performing complex coding tasks.
B. I'm an IT college graduate, who has completed a software design internship. My strengths include writing code and troubleshooting. I have experience with Java, XML, and HTML, and I'm capable of independently performing complex coding tasks.
C. IT college graduate with internship. Skilled at writing code and troubleshooting. Experience with Java, XML, and HTML. Logical and systematic problem-solver.
D. IT college graduate with software design internship. Experience with Java, XML, and HTML. Logical and systematic problem-solver.
please i need your help guys!
(5 points each for a possible total of 10 points) 1. After several years of business, Abel, Barney, and Cole are liquidating. The following are post-closing account balances. Cash 18,000 Inventory 73,000 Other assets 157,000 Accounts Payable 61,000 Abel, Capital 50,000 Barney, Capital 50,000 Cole, Capital 87,000 Noncash assets are sold for $275,000. Profits and losses are shared equally. After all liabilities are paid, divide the remaining cash amongst the partners.
When hope springs water co. was looking to complete the _________ phase of the new-product development process, the company could have leveraged internal research, requested customer input, conducted a competitive analysis, or sought collaboration with another organization?
Redefining the business mission of a mattress manufacturer as a "good night" sleep rather than stating the mission as "the manufacture of high-quality mattresses" will:
Altering a mattress manufacturer's mission to 'good night's sleep' from simply 'manufacturing high-quality mattresses' emphasizes the consumer benefits, opens opportunities to expand into other sleep-related areas, and facilitates a stronger connection with customers.
Explanation:Redefining the business mission of a mattress manufacturer as contributing to a 'good night's sleep' rather than merely being about 'the manufacture of high-quality mattresses' would lead to perceptual changes within and outside the organization. This is a shift towards a customer-centric approach that emphasizes the benefits to the consumer instead of focusing solely on the product. It can open up new avenues for expanding the business, such as including products or services that promote better sleep, like sleep-related accessories or sleep counseling services. It could also foster a deeper connection with customers by aligning the company's mission with their ultimate goal - a good night's sleep.Redefining the business mission of a mattress manufacturer as a "good night" sleep rather than stating the mission as "the manufacture of high-quality mattresses" will help the company focus on the ultimate goal of providing a positive sleep experience to customers. By shifting the focus from the product to the outcome, the company can better connect with customers' desires and needs. This new mission statement could also help the company expand into other sleep-related products or services, such as sleep accessories or sleep consultations.
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In a remote village, a person used five beaver pelts to buy a bag of rice and two beaver pelts to buy a pair of shoes. For what purpose did this person use the money?
A) increase trade
B) store of value
C) medium of exchange
D) unit of account
E) investment
In a remote village, a person used five beaver pelts to buy a bag of rice and two beaver pelts to buy a pair of shoes. Medium of exchange, purpose did this person use the money. Thus, option (c) is correct.
What is money?The exchange of commodities and services is referred to as "money." The currency is the country's currency. Different countries use various currencies. Money is typically represented by paper notes and coins. When compared to the batter system, money is more convenient.
Money is used to purchase and exchange goods and services. Transactions can be carried out more easily because of the medium of exchange. A currency's use as a medium of exchange is another way to gauge its international standing.
As a result, the significance of the purpose did this person use the money are the aforementioned. Therefore, option (c) is correct.
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A ____, such as microsoft outlook or lotus organizer, can help manage meetings, interviews, appointments, and deadlines and provide a personal calendar and a to-do list, with priorities and the capability to check off completed items.
In the event that a definite indicator is recognized, the corresponding ____ must be activated immediately.
The person who prepares and abstract of title for a parcel of real estate:
Which document is used by a seller to describe the condition of his property to the buyer?
A critical function of the government in facilitating the operation of a market economy is
Which is the largest of the four information technology pathways?
A. Programming and Software Development
B. Network Systems
C. Interactive Media
D. Information Support and Services
The largest of the four information technology pathways is programming and Software Development. This pathway involves designing, coding, testing, and maintaining software programs and applications for various computer systems and platforms. Therefore, option A is correct.
What is an information technology pathways?Information technology (IT) pathways are a series of educational and career opportunities that allow individuals to develop skills and expertise in various areas of IT.
These pathways typically include a set of courses, certifications, and hands-on experience that prepare individuals for entry-level and advanced IT jobs.
The four main IT pathways are Programming and Software Development, Network Systems, Interactive Media, and Information Support and Services.
These pathways cover a wide range of IT skills and applications, including programming languages, web development, network security, hardware and software maintenance, and database management.
Pursuing an IT pathway can lead to a rewarding career in a rapidly growing industry with a high demand for skilled professionals.
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When the price of chocolate-covered peanuts decreases from $1.10 to $0.95, the quantity demanded increases from 190 bags to 215 bags. in this price range, the demand for chocolate covered peanuts is _____, and total revenue will _____ when price decreases?
Final answer:
The demand for chocolate-covered peanuts is elastic, and total revenue will increase when the price decreases from $1.10 to $0.95 because the quantity demanded rises from 190 bags to 215 bags, resulting in greater total revenue.
Explanation:
When the price of chocolate-covered peanuts decreases from $1.10 to $0.95, the quantity demanded increases from 190 bags to 215 bags. This economic behavior is an example of the law of demand, which states that, all else being equal, as the price of a good falls, the quantity demanded of that good increases, and conversely, as the price of a good rises, the quantity demanded of that good decreases. In this price range, the demand for chocolate-covered peanuts is elastic, and total revenue will increase when price decreases because the decrease in price leads to a proportionally larger increase in the quantity demanded.
For example, originally at $1.10 per bag, the total revenue would have been 190 bags x $1.10 = $209.
At the new price of $0.95 per bag, the total revenue becomes 215 bags x $0.95 = $204.25.
Here, although the price has decreased, we see an increase in the quantity demanded, resulting in an increase in the total revenue, indicating an elastic demand scenario.
When managers organize divisions based solely on the type of customer they focus on, they adopt a _____?
A smart card looks like a credit card but it has a(n) ________ built into it
If net exports is a negative number for a particular year, then
A negative net export figure indicates a trade deficit, which occurs when a country imports more goods and services than it exports. The deficit increases if imports grow faster than exports. This can occur due to a variety of economic factors.
Explanation:If net exports is a negative number for a particular year, that means the value of goods and services a country imported exceeded what it exported. This condition is known as a trade deficit.
Net exports is calculated by subtracting the value of imports from the value of exports (X-M). So, when the value of imports (M) is greater than the value of exports(X), the result is a negative number indicating a trade deficit.
If the deficit increases, it means imports are growing faster than exports. This is demonstrated when more money flows out of the country to pay for imports, making the current account more negative or less positive. It could be the result of a stronger domestic currency, consumer preferences, or other economic factors.
For example, since the early 1980s, the United States has typically experienced a trade deficit as imports have exceeded exports.The increasing deficit implies a rising demand for foreign products, which may stimulate economic growth in countries that are the sources of those imports.
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Nicole is considering opening a Roth Individual Retirement Account. If she invests into the Roth IRA, determine the amount in the account if she makes annual payments of $4,291 into an account paying 2.23% interest compounded annually for 30 years.
$180,488.86 will be the amount in her account in 30 years
Answer:
$180,488.86
Explanation:
How many individuals are employed by foreign-owned firms throughout the world?
A seller's willingness to accept is the same as his ________ cost of production.
Which of the following occupations is the most likely to require working weekends and night shifts?
A. Computer programmer
B. Web designer
C. Computer support specialist
D. Software developer
Answer:
C; computer support specialist
Explanation:
Apex
Computer support specialists are the professions most likely to necessitate working nights and weekends. Option (C) is hence the appropriate response.
What is meant by night shifts?Other names for the overnight shift include third shift, midnight shift, and graveyard shift. Although some can be as long as twelve hours, overnight shifts normally run seven to eight hours. The majority of night shifts start between the hours of 10 p.m. and 12 a.m. and terminate between the hours of 6 a.m. and 8 a.m.
nighttime employees' rights to the law However, no worker is permitted to work longer than 10 days in a row without taking a day off. The day before or the day after a night shift should have been reserved for rest. After the completion of the shift, a continuous 24-hour period is referred to as a day.
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Write a paragraph that explains the most important principles to keep in mind when creating a budget. Describe at least three important principles in your answer.
A budget is a financial idea for a defined period, frequently one year.
The most important principle which should be kept in mind to remember the level of the budget.
What is budget?A budget is an approximation of revenues and expenses over a limited upcoming period of time and is applied by governments, businesses, and individuals.
A budget is essentially a financial plan for a settled period, commonly one year, that is known to greatly raise the success of any financial projecting.
At the time of making a budget, an individual want to think his/her income state and what you can spend. If an individual only make $1000 every week, he/she do not desire our budget to be $1000 because he/she won't have anything for savings.
Three principles of setting the budget are:
1. Amount of budget must spend on good quality products or services.
2. It must not be more than or equals to the amount of the total income.
3. There must be a time period of using the budget.
Therefore, It is important to keeps in mind that budget doesn't exceed the amount of the total income.
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The individual performer is a __________, whereas the manager has to be a(n) __________.
Using a(n) __________ marketing strategy, a firm might decide to ignore market segment differences
Using an "undifferentiated" marketing strategy, a firm might decide to ignore market segment differences
The undifferentiated marketing strategy centers around a whole target showcase instead of a portion of it. This methodology utilizes a solitary showcasing blend - one item, one value, one position and a solitary limited time exertion - to achieve the most extreme number of buyers in that objective market. "Advertising," by William M. Pride and O. C. Ferrell, gives wares says sugar and salt are precedents of items that may be advertised adequately through an undifferentiated methodology, the same number of purchasers in the general market have comparable requirements for the items. Pride and Ferrell note, in any case, that accomplishment with undifferentiated promoting likewise relies upon the advertiser having the assets and abilities important to contact an extensive group of onlookers.
Which exhibit would be the least likely choice for a museum specializing in european art?
C. Temple Art is the least likely choice for a museum specializing in European art because it is primarily associated with ancient temples in Asian cultures.
Considering the context of European art history, the least likely choice would be Temple Art. This primarily refers to art associated with ancient temples commonly found in Asian cultures, rather than European. On the other hand, Renaissance Art, Medieval Art, and Baroque Art are key periods within European art history.
Renaissance Art encompasses the transition from the Middle Ages to modernity, Medieval Art spans from the decline of the Roman Empire to the beginning of the Renaissance, and Baroque Art flourished in Europe from the late 16th century to the early 18th century.
Complete question
Which exhibit would be the least likely choice for a museum specializing in European Art?
A. Renaissance Art.
B. Medieval Art.
C. Temple Art.
D. Baroque Art.
Which pre-test method involves asking the people being surveyed to rank the different ad concepts they see?
interview test
order of merit test
consumer jury test
advertising concept test
Answer:
B. order of merit text
Explanation:
A corporate bond with a 6 percent coupon was issued last year. which one of these would apply to this bond today if the current yield to maturity is 7 percent
If all other factors are equal, what will happen to the supply of a product if the price goes up? A. The supply will increase. B. The supply will decrease. C. The demand will increase. D. The competition will decrease. Please select the best answer from the choices provided A B C D