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Alex17521 [72]
3 years ago
7

Mr. and Mrs. Smith were interested in purchasing a vacant lot. However, they first wanted the property surveyed. When the survey

or came out to measure the property he began measuring from the iron spike embedded in the middle of the street. In this case the iron spike would be known as:
Business
1 answer:
Ber [7]3 years ago
8 0

Answer:

Benchmark.

Explanation:

In this scenario, Mr. and Mrs. Smith were interested in purchasing a vacant lot. However, they first wanted the property surveyed. When the surveyor came out to measure the property he began measuring from the iron spike embedded in the middle of the street. In this case, the iron spike would be known as benchmark.

In real estate, benchmark can be defined as an indicator which is used by individuals or group of developers to measure and define properties such as a land. Iron spikes and wood stakes could be used as a benchmark for indicating ownership or measurement of a property.

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__________ is the value or want-satisfying ability that is added to products by organizations that make the product more useful
stiv31 [10]

Answer:

Utility

Explanation:

Utility is the value or want-satisfying ability that is added to products by organizations that make the product more useful or accessible to consumers.

Utility is a term in economics that refers to the total satisfaction received from consuming a good or service. Economic theories based on rational choice usually assume that consumers will strive to maximize their utility. The economic utility of a good or service is important to understand, because it directly influences the demand, and therefore price, of that good or service. In practice, a consumer's utility is impossible to measure and quantify. However, some economists believe that they can indirectly estimate what is the utility for an economic good or service by employing various models.

7 0
3 years ago
A closed economy a. does not engage in international trade of goods and services. b. does not engage in international borrowing
Vinvika [58]

Answer:

The correct option is C,both A and B

Explanation:

A closed economy is not opened to the idea of international trade, where its surplus commodities can be traded with other nations of the world in order to earn foreign exchange while at the same procuring from trading partners products required by its nationals not available at all in the economy or the ones that are not available in the required quantity.

A closed economy also  assumes itself to be sufficient in the area of fiscal policy management by not engaging in international borrowing or lending arrangements.

5 0
3 years ago
When Would you need to use Rule 72 ?
Yanka [14]
The rule<span> says that to find the number of years required to double your money at a given interest rate, </span>you<span> just divide the interest rate into </span>72<span>. For example, if </span>you<span> want to know how long it will take to double your money at eight percent interest, divide 8 into </span>72<span> and get 9 years.</span>
8 0
3 years ago
Read 2 more answers
Bello, Inc., has a total debt ratio of .31.
lutik1710 [3]

Answer:

a. Debt Equity ratio is calculated by dividing long term Debt by total equity of the company.

b.Equity Multiplier or P/E ratio=Market value per share/Earning per share.

Explanation:

a. Debt Equity ratio is calculated by dividing long term Debt by total equity of the company. The Debt Equity ratio can be calculated using the Market value of debt or equity. It can also be calculated using the book values of debt or equity which are included in the balance sheet of the company.

b. Equity multiplier is also known as price /earning ratio. A price/earnings ratio or P/E ratio is the ratio of the market value of a share to the  annual earnings per share. For every company whose shares are traded on a  stock market, there is a P/E ratio. For private companies (companies whose shares are not traded on a stock market) a suitable P/E ratio can be selected and  used to derive a valuation for the shares.

Equity Multiplier or P/E ratio=Market value per share/Earning per share.

4 0
3 years ago
Mike wants to purchase an $11,350 car with a loan from a credit union that requires a 20% down payment. what amount will Mike bo
djyliett [7]
He will borrow 80% of the cost of the car.
80/100*11350= <span>$ 9080</span> 
4 0
4 years ago
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