Answer:
5
Explanation:
A reporting entity is any entity in men or organizations that depends on the financial report produced by an organization for an understanding of the financial performances and position for the purpose of decision making. This can be investors and other stakeholders in the business.
In the scenario given , the relative parties that will rely of the financial report are
David Herbert as the Entrepreneur , Herbert Enterprises which prepare the report ,George , Herbert's brother an investor , First federal bank , a loan provider and City properties.
Answer:
The liability of John is $50.
Explanation:
When the ATM, credit, or debit cards of a customer are stolen or lost, both the Fair Credit Billing Act (FCBA) and the Electronic Fund Transfer Act (EFTA) come into action to give protection to the customer.
Specifically, if the credit or debit card is stolen or lost, the FCBA provides that maximum amount of liability that the customer will bear for any unauthorized use is $50.
The EFTA provides that if the stolen card is reported within 2 business days, the maximum liability for any authorised transaction is $50.
Therefore, since John notified his financial institution on Thursday which is still within 2 business days, his liability is still $50 based on the provisions of the EFTA and also the FCBA.
Answer:
an expensive mink coat
Explanation:
High psychological or perceived risk refers to the uncertainty that a consumer may have when he/she is purchasing a good or a product. Usually expensive goods carry a high perceived risk, e.g. house, boat, jewelry, car, etc.
In this case, an expensive mink coat carries high perceived risk because it is an expensive product and a customer considers the pros and cons of purchasing it.
Answer:
Land 112,980
Explanation:
The driveway and parking lot are not part of the land. That is a decision of the company and will be applied on a diferent account, Parking lot
All the other cost are required to acquire the land and leave the land ready to use.
The salvage for the demolition decrease the cost for the land.
Purchase 84,500
demolition 9,100
salvaged materials (1,880)
atorney's fee 1,380
broker's fee 4,980
architect's fee 14,900
Total 112,980
No. Day trading refers to trading positions that are opened and closed the same day.
