Answer:
Explanation:
As the loan has not been used yet, it will stay in the Loan account of the bank. The balances on the books for ACME will therefore be,
Reserves - $151,000.
It does not change as loan has not been used yet. If Toshi was to use loan then this figure will reduce because withdrawals are given from the Bank reserves.
Checkable Deposits will increase by the loan amount as that was where Toshi was credited to.
= 140,000 + 28,000
= $168,000
Loans - $28,000
The bank will now have a loan balance of $28,000 on its debit side to reflect the loan it just gave out.
Stock Shares - $286,000.
Not affected by the transaction.
Property - $275,000
Not affected by the transaction.
Answer:
78,100 units
Explanation:
Calculation for the number of equivalent units produced by Department B
Using this formula
Department B Number of equivalent units =
Units finished and transferred from Department B to Department C + (Units that were started in Department B × Percentage completed)
Let plug in the formula
Department B Number of equivalent units= 67,000 units + (18,500 units × 60%)
Department B Number of equivalent units= 67,000 units + 11,100 units
Department B Number of equivalent units= 78,100 units
Therefore The number of equivalent units produced by Department B during the period was 78,100 units
Answer:
b. Exclusive right to sell
Explanation:
-Net listing is when the agent is able to keep the difference when a property is sold for more than the asking price.
-Exclusive right to sell is when the seller gives the agent the right to market the property and accepts to pay the comission to the agent if the property is sold during the period of the listing.
-Open listing is when a property has different agents and the one that gets the buyer receives the comission.
-Exclusive agency is when the seller gives an agent the right to market a property but the seller is able to sell the property to a buyer that was not found by the agent and in that case, the seller doesn't have to pay the comission to the agent.
According to this, the answer is that the type of agreement that assures that a broker will receive compensation regardless of who procures the buyer is exclusive right to sell because the agent is granted the right to sell the property and the seller agrees to pay the comission if the property is sold during the time of the listing last and it doesn't matter who finds the buyer.
Answer:
Changes that would increase Susie’s limits the most without increasing her monthly premium by more than $5.00 is Option C: Increase coverage on bodily injury to $100/300,000 and on property damage to $50,000.
Explanation:
Lower coverage does not necessarily means lower premiums.
Premium is the amount of one makes to keep his insurance policy active. Lower coverage would mean lower premium but that means there would be a few restrictions on the insurance policy while covering that policy.
Full coverage policies of the vehicle not only covers the liabilities but also the damage that occurs to the car.
If Susie increases the 'coverage' on the injury of the body to '$100/300,000' and on property damage to '$50,000', then her monthly premium would not increase from more than $5.00.
As the company recently changed its business model from just selling explosives to managing an entire blast in a quarry. This customer-solution-based approach to the sale of explosives is an example of systems selling.
<h3><u>
What is a Business Model?</u></h3>
- The strategy a business uses to turn a profit is referred to as its business model. It lists any estimated costs as well as the goods or services the company intends to sell, as well as its chosen target clientele.
- Both new and established businesses need strong business models. They aid young, developing businesses in luring capital, hiring talent, and inspiring management and personnel.
- Established companies should change their business strategies on a regular basis to account for emerging trends and difficulties. Investors use business plans to assess potential investments.
- A business model is a comprehensive strategy for running a company profitably in a particular industry. The value proposition is a key part of the company model.
Systems selling is the practice of offering linked products or services as a unit rather than individually or independently. Products that are combined under systems selling are typically complementary products.
Therefore, This customer-solution-based approach to the sale of explosives is an example of systems selling.
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