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OLga [1]
3 years ago
9

A 30-unit income-producing property has a sales price of $9 million. Annual gross income is estimated at $750,000. What's the gr

oss income multiplier
Business
1 answer:
Cloud [144]3 years ago
8 0

Answer:

12

Explanation:

Given that,

Sales price = $9 million

Estimated annual gross income = $750,000

The gross income multiplier is defined as the ratio of sales price to its effective gross income.

Therefore, the gross income multiplier is calculated as follows:

= (Sales price ÷ Estimated annual gross income)

= $9,000,000 ÷ $750,000

= 12

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Indicate whether the above items should be disclosed (A) in the summary of significant accounting policies note, (B) in a separa
Drupady [299]

Answer:

(A) in the summary of significant accounting policies.

Explanation:

It has the company's financial statements and also describes the key policies that are being followed by the accounting department. This policy summary is mandated by the accounting framework like IFRS or GAAP.

6 0
3 years ago
According to mesmer-magnus and viswesvaran, organizational employees have three options to address an unsatisfactory situation f
zavuch27 [327]

According to Mesmer-Magnus and Viswesvaran, organizational employees have three options to address an unsatisfactory situation faced within an organization. These include: exiting the organization, remaining silent, voice discontent.

<h3>What are organizational employees?</h3>

They are the ones who effectively contribute to an organization's smooth operation. They work really hard to deliver what they promise and complete the specified tasks by the deadline. The culture of the workplace is significantly influenced by the personnel.

Through negotiation techniques, organizational members develop their identities as runners. Members take up the role of models for new members in a continuing identity. Running as a societal norm might be supported by an organization.

The foundation of a solid, long-lasting corporation is its workforce. No matter what level, employees are in charge of the company. This means that their fortitude, fidelity, and devotion, as well as their emotional ties to the company, cannot be valued as assets.

Mesmer-Magnus and Viswesvaran assert that there are three ways for organizational personnel to deal with problematic circumstances they encounter. These include leaving the company, keeping quiet, and voicing your dissatisfaction.

To learn more about organizational employees refer to:

brainly.com/question/1190099

#SPJ4

7 0
1 year ago
1. According to Wallach, what is short-termism, and why is it a problem?
Aleks04 [339]

I inferred you are to the 2017 TEDx talk "Short-termism is killing us: it's time for Long path" by Ari Wallach.

<u>Explanation:</u>

According to Wallach, he refers to short-termism as focusing on short-term results at the expense of long-term interests.

In his words, short-termism is a problem because;

  • "it prevents the CEO from buying really expensive safety equipment"
  • "prevents teachers from spending quality one-on-one time with their students".

So in summary what Wallach is saying is that short-termism prevents futuristic thinking.

6 0
3 years ago
The Marchetti Soup Company entered into the following transactions during the month of June:
pav-90 [236]

Answer:

The Marchetti Soup Company

Journal Entries:

a) Debit Inventory $245,000

Credit Accounts Payable $245,000

To record the purchase of inventory on account.

b) Debit Salaries Expense $60,000

Credit Cash $60,000

To record the payment of salaries for the month.

c) Debit Accounts Receivable $300,000

Credit Sales Revenue $300,000

To record the sale of inventory on account

Debit Cost of Goods Sold $160,000

Credit Inventory $160,000

To record the cost of goods sold.

d) Debit Cash $280,000

Credit Accounts Receivable $280,000

To record the receipt of cash from customers.

e) Debit Accounts Payable $225,000

Credit Cash $225,000

To record the payment to suppliers on account.

Explanation:

Journal entries enable the identification of accounts involved in each transaction.  They are used to make the initial record into the accounting books before they are posted to the general ledger.  They show the accounts to be debited and the ones to be credited.

8 0
3 years ago
The customer service department for a wholesale electronics outlet claims 90% of all customer complaints are resolved to the sat
Lorico [155]

Answer:

Kindly check explanation

Explanation:

Given

Probability of success, p = 0.9

Number of trials = sample size, n = 15

q = 1 - p

The binomial formula for this situation is written as :

P(x = x) = nCx * p^x * q^(n-x)

P(x = x) = 15Cx * 0.9^x * (1-0.9)^(15-x)

(1) For ; P(x ≤ 13).

P(x = 0) + p(x = 1) +... + p(x = 13)

Using a calculator :

P(x ≤ 13) = 0.451 (3 decimal place)

(2) For ; P(x > 10).

Using calculator :

P(x > 10) = p(x = 11) + p(x = 12) +... + p(x = 15)

P(x > 10) = 0.9873

(3) For P(x ≥ 14).

Using calculator ;

P(x ≥ 14) = [p(x = 14) + p(x = 15)]

P(x ≥ 14) = 0.5490

(4) P(9 ≤ x ≤ 12).

P(9 ≤ x ≤ 12) = p(x = 9) + p(x = 10) + p(x = 11) + p(x = 12)

P(9 ≤ x ≤ 12) = (0.001939 + 0.01047 + 0.042835 + 0.128505) = 0.1837

(5) For P(x ≤ 9) ;

Using calculator ;

P(x ≤ 9) = p(x = 0) + p(x = 1) +... + p(x = 9)

P(x ≤ 9) = 0.00225

6 0
3 years ago
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