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aivan3 [116]
3 years ago
5

A written promise to pay certain sum of money to another person or company is a

Business
2 answers:
scoundrel [369]3 years ago
6 0

Answer:

Liability (Promissory note payable)

Explanation:

A liability is a present obligation of an entity as a result of a past event for which future economic benefits will flow from the entity.

The writing of a promise to pay is the past event that will result in the outflow of resouces(cash) at a future date. However, the obligation to pay is present.

const2013 [10]3 years ago
5 0

Promissory Notes Receivable

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Harley-Davidson motorcycle owners, who pay a price premium for their motorbikes, have formed the Harley Owners Group (HOGs), who
Elan Coil [88]

Answer:

A) Functional and social value

Explanation:

Seeing the benefit that customers attribute to products is a marketing strategy to optimize sales and establish a brand that customers identify with. In this case, motorcyclists experience functional benefit and social benefit.

The functional benefit concerns the essential characteristics of the product, such as physical characteristics that please the consumer (eg the motorcycle scooter design). The social benefit is associated with the pleasure that the customer gets when purchasing the product. This is an individual benefit for each consumer, however, is an extrinsic advantage attributed to the product. For example, the status that the motorcycle brings to its owner.

5 0
3 years ago
When conducting a research study attempting to understand what features were most important to automobile consumers, Gary's Rese
diamong [38]

Answer:

A. Structured.

Explanation:

Structured questionnaire are basically consists a set of standardized questions with a fixed format.

3 0
3 years ago
Tom Tom LLC purchased a rental house and land during the current year for $150,000. The purchase price was allocated as follows:
Anika [276]

Answer:

correct option is B.$2,273

Explanation:

given data

purchased = $150,000

building = $100,000

land = $50,000

to find out

Tom's maximum depreciation for this first year

solution

we will apply here The mid month convention applies

and recovery period for Residential property =  27.5-year

maximum depreciation will be here as

maximum depreciation = $100,000 × 2.273%

maximum depreciation = $100,000 × 0.02273

maximum depreciation = $2,273

so correct option is B.$2,273

5 0
3 years ago
Christopher likes cupcakes (C) and muffins (M). His preferences can be represented by the utility function U(C, M) = C0.5M0.5. H
Tatiana [17]

Answer:

16 cupcakes

Explanation:

U(C, M) = C⁰°⁵ x M⁰°⁵ = √C x √M

total utility obtained by eating 16 cupcakes and 4 muffins = √16 x √4 = 4 + 2 = 6

since the bakery is out of muffins, then utility function = √C x √2 = √C x 1.4142

√C x 1.4142 = 6

√C = 6 / 1.4142 = 4.2426

C = 4.2426² = 18

since there were 2 cupcakes left, Christopher must purchase 18 - 2 = 16 cupcakes

8 0
3 years ago
The Federal Reserve Act Multiple Choice helped to reduce loans to private banks. was regulated by a board whose members were ele
salantis [7]

The correct answers are A) helped to reduce loans to private banks and C) created a new type of paper currency.

The Federal Reserve Act helped to reduce loans to private banks and created a new type of paper currency.

With the passing of the Federal Reserve Act of December 23, 1919, signed by President Woodrow Wilson, the government initiated with the Federal Reserve system that acted as the Central Bank of the United States. It had twelve regional banks that supplied all the money for the country. Its headquarters are located in Washington D.C., and the commonly known as the Fed supervises the financial and economic situation in the country, the monetary supply, and tries to control inflation.

6 0
3 years ago
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