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natta225 [31]
2 years ago
6

A consumer values a house at $525,000 and a producer/seller values the same house at $485,000. If the transaction is completed a

t $510,000, the transaction will generate
Business
1 answer:
Effectus [21]2 years ago
7 0

A consumer values a house at $525,000 and a producer/seller values the same house at $485,000. If the transaction is completed at $510,000, the transaction will generate error

<h3>What is transaction?</h3>

A financial transaction is a contract or communication between a buyer and seller to exchange goods, services, or assets in exchange for money. Any transaction involves a shift in the financial status of two or more businesses or individuals.

The total value of all transactions is divided by the number of transactions or sales to calculate the average transaction value. This can be calculated daily, monthly, or annually. As an example, sales of $200,000 for the year could be generated by ten sales or transactions.

The transaction date is the date on which any financial transaction takes place. The date when ownership changes in any financial transaction occurs on the transaction date.

To know more about transaction follow the link:

brainly.com/question/24835236

#SPJ4

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You receive five annual cash flows of $10,000 with the first cash flow being received today and the last cash flow occurring 4 y
ivanzaharov [21]

Answer:

FV= $75,437.02

Explanation:

Giving the following information:

Number of cash flows= 5

Cash flow= $10,000

Total number of periods= 10 years

Interest rate= 6% compounded annually

<u>First, we need to calculate the future value of the 5 cash flows in 5 years using the following formula:</u>

<u></u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {10,000*[(1.06^5) - 1]} / 0.06

FV= $56,370.93

<u>Now, the value at the end of 10 years:</u>

FV= PV*(1+i)^n

FV= 56,370.93*(1.06^5)

FV= $75,437.02

7 0
3 years ago
Caron turned down the extra project her boss offered because the pay for completing it was ten lottery tickets. caron expected a
MrRissso [65]
<span>Answer: Expectancy.        Because Caron did not accept the extra project since the pay for completing was ten lottery tickets. The pay is characterized by chance.</span>
4 0
3 years ago
ABC purchases inventory for $2,000 and incurs shipping costs of $100 for the goods to be delivered. To record this transaction,
Rus_ich [418]

Answer: 1. D) Assets are understated

2. D) Car dealers

Explanation:

1. The shipping costs to bring Inventory into a business are known as Carriage Inwards. This amount is to be debited with the Inventory as it is considered to be part of the cost of acquiring the inventory. By not putting this cost with the inventory, ABC is undervaluing the inventory account which is an Asset account. The Assets are therefore understated.

2. The Specific Identification Method of inventory valuation is based on each individual unit purchased or sold. It does not group items and tracks each item from the moment it is purchased to the moment it is sold so the cost of the specific inventory is known. This method is used more often by businesses that deal with easily identifiable items such as Jewellers and Car dealers because each car is big enough to be tracked individually.

6 0
3 years ago
The second number given with a hazard class is referred to as
sesenic [268]
The division is the second number given to a hazard class. According to Wikipedia.com, the "HAZMAT Class<span> 2 in United States law includes all gases which are compressed and stored for transportation. </span>Class<span> 2 has three </span>divisions<span>: Flammable (also called combustible), Non-Flammable/Non-Poisonous, and Poisonous." Furthermore, it is one of the safety precautions done by the U.S. to regulate volatile and poisonous compounds.</span><span />
5 0
4 years ago
What term is used to describe the method that allows coplink to access many different databases of law enforcement agencies with
slamgirl [31]

The term is used to describe the method that allows copy link to access many different databases of law enforcement agencies with varying data fields is a multi-dimensional approach Option A

This is further explained below.

<h3>What is a multi-dimensional approach?</h3>

Generally, Because we are utilizing an appropriate and specialized way to access the data basis of law enforcement under multiple data fields, we are able to state that the described method operates under the term known as a multi-dimensional approach.

This is an approach in which the database is accessed and analyzed via numerous dimensions, or we can call data to feel categories, in order to produce appropriate results and more efficient functioning.

In summary, we may reach the following conclusion after reviewing the information presented above: the choice that was picked is the optimal response to the inquiry that was posed.

The question that was presented before has been addressed and clarified; if you have any other questions, please leave them in the comments area below.

Read more about the multi-dimensional approach

brainly.com/question/14522063

#SPJ1

5 0
1 year ago
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