Loss due to damaged property is the risk involved in both sales and leases. Thus, Option A is the correct statement.
<h3>What is the difference between a Sale and a Lease?</h3>
The primary distinction between sale and lease is that a sale occurs when the owner of a property gives up ownership in exchange for money.
A lease, on the other hand, is when the owner of specific property rents out the property for a set period of time.
Thus, Option A. Loss due to damaged property is the correct statement.
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Answer:
List generator.
Explanation:
List generator compiles customer information from a variety of sources and segments the information for different marketing campaigns.
Basically, this information are used to provide a good, effective and efficient marketing mix.
Generally, a marketing mix is made up of the four (4) Ps;
1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.
2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.
3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.
4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.
Answer:
The correct option is C,small investors cannot efficiently diversify their portfolios, assess credit risk of borrowers, or advertise for needed investments.
Explanation:
Financial intermediaries are those institutions that link the surplus side,those with cash surplus to requirement and the deficit side,those that are short of the required amount of cash for investment purposes.
Financial intermediaries as experts in the field have the requisite knowledge of the market,skills and experience to diversify portfolio.
Diversification involves ascertaining the various instruments the funds available be invested in and the proportion to invest in each .
It is also noteworthy to determine the credit risk of the borrowers to ascertain how risky the investment is and the appropriate level of return.
Finally,the intermediaries advertise the needed investments,for instance an Initial Public Offer could be advertised by prospectus.
Answer:
a debit balance of $1,300
Explanation:
Generally in the income statement, a net profit is the excess of income over expenses during a given period and this will give a credit balance in the income statement, but this will be a debit balance in Income Summary to close the account.
On the other hand, a net loss is the excess of expenses over income during a given period and this will give a debit balance in the income statement, but this will be a credit balance in Income Summary to close the account.
Since Camera Obscura Enterprises made a net profit of $1,300 in the month of June, the balance in Income Summary will therefore be a debit balance of $1,300.
The flexible budget performance report directs managements attention to areas where corrective action can help control operations. Management uses the report to determine price and quantity variances.
