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Neko [114]
3 years ago
6

Gerard, a Nevada real estate licensee, has been advertising his services online to California citizens. He sells resort property

outside Las Vegas and believes the California market could be very lucrative. Is it permissible for Gerard to advertise in this manner? Why or why not?
Business
1 answer:
lora16 [44]3 years ago
7 0

Answer:

No, Gerald should not be advertising properties to California citizens since that is considered soliciting. In order for Gerald to legally be able to solicit California citizens, he should hold a California real estate license. A Nevada license is not valid in California (nor any other state).

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Three years after graduating from​ college, you get a promotion and a 16 percent raise. Your consumption habits change according
svlad2 [7]

Answer:

B. Inferior good

Explanation:

In this case, total income increased because of the promotion and a 16 percent raise. Because of this, the consumption of frozen hot dogs decreased. If the demand for a good or service decreases due to an increase in income, then this is an inferior good. This kind of goods are the opposite of normal goods, because the demand for those increase when there is an increase in income.

7 0
3 years ago
Read 2 more answers
The fact that less than half of all equity fund managers beat the market in most years indicate that the stock market is _____.
hoa [83]

Answer: largely efficient

Explanation:

The fact that less than half of all equity fund managers beat the market in most years indicate that the stock market is largely efficient.

According to the strong-form hypothesis of the efficient market, when there is an efficient market, all the private and public information would be reflected in the prices of the stock.

5 0
3 years ago
Find the following values for a lump sum assuming annual compounding. a. The future value of $800 invested at 7% for one year b.
Dmitrij [34]

Answer:

For the first 2 we calculate the future value:

(A)856

(B)1,122.04

(C) and (D) thre present value will be 800

Explanation:

Principal * (1+ r)^{time} = Ammount

800* (1+ 0.07)^{1} = Ammount

856

800* (1+ 0.07)^{5} = Ammount

1,122.041358

\frac{856}{(1 + 0.07)^{1} } = 800

\frac{1,122.04}{(1 + 0.07)^{5} } = 800

5 0
3 years ago
A financial statement showing the revenue and expenses for a fiscal period. True or False
Dima020 [189]

Answer:

A financial statement showing the revenue and expenses for a fiscal period. True

Explanation:

A financial statement showing the revenue and expenses for a fiscal period. <em><u>True because </u></em> income statement is a financial statement and shows the expenses and income ( revenue) during a fiscal period.

A fiscal period is the time period reflected in a financial statement. It is usually a quarter or an accounting period.

There are four main kinds of financial statements. Income statement is one of the financial statement which tells about the expenses and revenues

4 0
3 years ago
Given the following, calculate cost of goods sold: Inventories: Beginning Ending Direct materials $300 $250 Work in process $400
Vladimir [108]

Answer:

Cost of Goods Sold = $12,600

Explanation:

Inventories:

Beginning Direct materials           $300

+Direct material purchases        $4,200

-Ending Direct materials             <u>  $250</u>

Direct Material used                                                                    $4,250

+Direct labor                                                                                 $3,000

+Manufacturing overhead                                                          <u> $5,000</u>

Total Manufacturing Cost                                                           $12,250

+Beginning Work in process                                                          $400

-Ending Work in process                                                             <u>   $200</u>

Cost of Goods Manufactured                                                    $12,450

+Beginning Finished goods                                                           $500

-Ending Finished goods                                                               <u>  $350</u>

Cost of Goods Sold                                                                    $12,600

8 0
3 years ago
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