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3241004551 [841]
3 years ago
7

Jane has been working with some buyers for several weeks. She thinks they are really interested in one particular property, but

when she approaches them about it, the buyer says, “The price is too high.” What would be a good response to that comment?
a. “I think they’re asking a fair price.”
b. “Well then, just offer less.”
c. “What do you think would be a fair price?”
d. “The comps say that this price is right on target.”
Business
1 answer:
grigory [225]3 years ago
6 0

Answer:<em> </em><u><em>The buyer says, “The price is too high.” A good response to that comment would be “What do you think would be a fair price?” </em></u>

If Jane would responds with, "What do you think would be a fair price?", then this would state that Jane does care about buyers opinion and respects it.

This would further induce a feeling in buyer that she might be inclined towards price flexibility.

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The richest 20 percent of the families in the united states receive approximately ______ percent of total income.
Jobisdone [24]
The answer would be 50%.

I hope this helps!
6 0
3 years ago
Rajan Company's most recent balance sheet reported total assets of $2.10 million, total liabilities of $0.70 million, and total
andrew11 [14]

Answer:

0.5.

Explanation:

Assets - Liabilities = Owner's Equity.

As the name states, the debt to equity ratio is simply obtained by dividing total debt (liabilities) by the total equity, total assets should not be included:

DER = \frac{0.70}{1.40} =0.5

Rajan Company's  debt to equity ratio is 0.5.

4 0
3 years ago
A payment is said to be ________________ if it is automatically adjusted for inflation. cross referenced indexed matched maintai
defon
<span>The payment is said to be indexed. Indexing a payment means that the income payments are adjusted by a price index. This is to maintain the purchasing power of the public when inflation hits. This is a type of monetary correction.</span>
5 0
3 years ago
Your business has purchased 500 pizza pans, 60 kg of sauce, 100 kg of cheese, 2.5 kg of basil, 2.5 kg of oregano, 5 kg of yeast,
adelina 88 [10]

Answer:

400 pizzas

Explanation:

The complete question would be:

<em>You are going into the business of making pizzas. The following is the list of ingredients to make ONE pizza: </em>

<em>400 g flour           50 mL water </em>

<em>10 g yeast             120 g sauce </em>

<em>250 g cheese       5 g oregano </em>

<em>5 g basil </em>

<em>Your business has purchased 500 pizza pans, 60 kg of sauce, 100 kg of cheese, 2.5 kg of basil, 2.5 kg of oregano, 5 kg of yeast, and 200 kg of flour. You have as much water as you need. How many pizzas can you make? </em>

You are going to have to make a couple of conversions to do this. Since everything you need is indicated in grams, we first need to convert everything you have in grams.

There are 1,000 g in 1 kg. So now we convert them all:

60 kg of sauce

60kg \times \dfrac{1,000g}{1kg} = 60,000g

100 kg of cheese

100kg \times \dfrac{1,000g}{1kg} = 100,000g

2.5 kg of basil

2.5kg \times \dfrac{1,000g}{1kg} = 2,500g

2.5 kg of oregano

2.5kg \times \dfrac{1,000g}{1kg} = 2,500g

5 kg of yeast

5kg \times \dfrac{1,000g}{1kg} = 5,000g

200 kg of flour

200kg \times \dfrac{1,000g}{1kg} = 200,000g

So now that we know what we have, we determine how many pizzas we can make with the amount of each ingredient. We get the ratio of each ingredient to one pizza to determine how many we can make:

<u>Flour:</u>

Available: 200,000g

Needed: 400g

200,000g\ of\ flour\times\dfrac{1\ pizza}{400g\ of\ flour} = 500\ pizzas

<u>Yeast:</u>

Available: 5,000g

Needed: 10g

5,000g\ of\ yeast\times\dfrac{1\ pizza}{10g\ of\ yeast} = 500\ pizzas

<u>Cheese:</u>

Available: 100,000g

Needed: 250g

100,000g\ of\ cheese\times\dfrac{1\ pizza}{250g\ of\ cheese} = 400\ pizzas

<u>Basil:</u>

Available: 2,500g

Needed: 5g

<u />2,500g\ of\ basil\times\dfrac{1\ pizza}{5g\ of\ yeast} = 500\ pizzas<u />

<u>Sauce:</u>

Available: 60,000g

Needed: 120g

<u />60,000g\ of\ sauce\times\dfrac{1\ pizza}{120g\ of\ sauce} = 500\ pizzas<u />

<u>Oregano:</u>

Available: 2,500g

Needed: 5g

<u />2,500g\ of\ oregano\times\dfrac{1\ pizza}{5g\ of\ oregano} = 500\ pizzas<u />

We do not need to consider water, because it will provide as many as we will need.

So here we see that all but one ingredient is able to yield 500 pizzas. Cheese is the only one that yields less than 500, specifically 400 only. This is your limiting ingredient and this ingredient determines how many pizzas you can make. Because when you run out of cheese, you can no longer make a pizza.

4 0
3 years ago
On December 31, 2020, Wayne, Inc. sold $4,000,000 (face value) of bonds. The bonds are dated December 30, 2020, pay interest ann
Andreas93 [3]

Answer:

Wayne, Inc.

1. The stated interest rate for this bond issue is:

= 8%.

2. The market interest rate for this bond issue is:

= 9%.

3. The selling price of the bonds as a percentage of the face value is 97.5% ($3,900,000/$4,000,000 * 100)

4. Journal Entry to record the sale of the bond issue on December 31, 2020:

December 31, 2020:

Debit Cash $3,900,000

Debit Bonds Discounts $100,000

Credit Bonds Payable $4,000,000

To record the bonds proceeds, discounts, and liability.

5. December 31, 2021:

Debit Bonds Interest Expense $351,000

Credit Bonds Amortization $31,000

Credit Cash $320,000

To record the first payment of interest and amortization.

Explanation:

a) Data and Calculations:

Face value of bonds = $4,000,000

Bonds price = $3,900,000

Discount =   $100,000

December 31, 2021:

Interest expense = $351,000

Market interest rate = $351,000/$3,900,000 * 100 = 9%

Cash payment =     $320,000

Coupon interest rate = $320,000/$4,000,000 * 100 = 8%

7 0
3 years ago
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