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Kamila [148]
3 years ago
10

Your client, Eric, is interested in purchasing an industrial property to start a new business. You've recommended that soil, air

, and water testing be done, but Eric is on a tight budget and doesn’t feel these tests are necessary. What should you do?
Business
1 answer:
Svetach [21]3 years ago
3 0

Answer:

Keep records of your recommendations and a written response from Eric

Explanation:

From the question, we are given an instance of a client, Eric,who is interested in purchasing an industrial property to start a new business. I have recommended that soil, air, and water testing be done, but Eric is on a tight budget and doesn’t feel these tests are necessary. In this case, I should Keep records of my recommendations and a written response from Eric. Since he's trying to invest by buying the property, then a record of all recommendation must be kept as as well as all expenses with the knowledge of accounting. And since this is a contract it should be in written form to be formal.

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Answer:Option C

Explanation:

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3 years ago
Through October​ 2014, the U.S. government administered two programs that affected the market for cigarettes. Media campaigns an
allochka39001 [22]

Answer: Placing a price above equilibrium will lead to increase in price and limitation on land use will lead to reduction in supply of tobacco products.

Explanation:

Smoking has many negative impact on the bodyband some of these effects are life threatening. Smoking affects the respiratory organs and increases the risk of cancer and eventually may lead to death.

Government in different countries have put in different methods and policies to reduce smoking. Some of the policies are high tax on tobacco products, ban and enlightenment programmes.

The policies used here such as placing price above the equilibrium price and limiting the amount of land that can be used for tobacco production are good policies. Placing the price of tobacco products above equilibrium price will lead to an increase in price which might discourage people to buy tobacco related products such cigarette. Also, limitation on the land use for tobacco production will lead to decrease in supply. This means less tobacco related products will be available for people.

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3 years ago
First City Bank pays 6 percent simple interest on its savings account balances, whereas Second City Bank pays 6 percent interest
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Answer:

$ 2,621.28  

Explanation:

The simple interest I=P*R*T

P is the principal amount of $11,000

R is the simple interest rate of 6%

T is the number of years the interest relates to

I=$11,000*6%*11=$7260

Compound interest:

FV=PV*(1+r)^n

FV is the amount of the deposit in eleventh year

PV is the amount deposited which is $11,000

r is the rate of return of 6%

n is eleven years

FV=$11000*(1+6%)^11=$ 20,881.28  

I=FV-PV= 20,881.28-11,000=$ 9,881.28  

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3 0
3 years ago
Adidas Corporation bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 3,600 unit
meriva

Answer:

The cash disbursements for selling and administrative expenses should be $45,520

Explanation:

The selling and administrative (S&A) expenses have two parts: a variable one and a fixed one.

  • The variable part depends on how many units have been sold. So, if the variable S&A expense per unit is $4.1, and 3,600 units are planned to be sold, the total variable S&A expense should be 3,600 * 4.1 = 14,760
  • The fixed part does not depend on the units sold. It remains the same no matter how many units have been sold. Yet, it includes depreciation of $5,100. The depreciation does not represent an exit of money. It isn't part of the cash flow. So, the total fixed S&A expenses should be 35,860 - 5,100 = 30,760
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Which best explains what a credit score represents?
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