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katovenus [111]
3 years ago
7

Adam borrowed money to buy a new car. The bank has a lien on the car. What could happen if Adam doesn't make his payments on tim

e.
Business
1 answer:
posledela3 years ago
4 0

Answer: The bank could sell the car.

Explanation:

A lien refers to a claim against an asset which is used as a collateral in order to satisfy a debt.

Since we are informed that Adam borrowed money to buy a new car and that the bank has a lien on the car, in a situation whereby Adam doesn't make his payments on time, the bank can end up selling his car and use the fund to settle the debt that he owes.

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Determine the amount of consumer surplus generated in the following situation. After soccer practice, Stacey is willing to pay $
AlladinOne [14]

Answer:

The answer is: There was no consumer surplus in this situation.

Explanation:

consumer surplus refers to the difference between the maximum amount a consumer is willing to pay for a good or service and the actual price of the good or service.

In this case there was no consumer surplus, since Stacey was willing to pay only $2 for a bottle of mineral water and its price was $2.25, so she didn't buy it.

5 0
3 years ago
Jean Claude has just completed a new line of designer handbags. He wants the price to communicate to the customer that the handb
Leno4ka [110]

Answer:

The answer is B. Price Skimming

Explanation:

In marketing, price skimming is a situation in which a high price is initially charged for a product and lowers it later after achieving its aim.

This type of product can be a luxury good in which high price is deemed as of high quality. The main aim is to gather enough revenue from the premium buyers and lowers it later to attract other customers

.

Price Skimming is usually set for products that have short life-cycle

7 0
3 years ago
The total assets on the balance sheet was $128,800 before journalizing and posting the adjusting entries for $800 of expired ins
Tanya [424]

<u>Given:</u>

Total assets before journalizing and posting the adjusting = $128,800

Expired insurance = $800

Expired rent = $2,400

Depreciation = $900

<u>To find:</u>

Total assets after journalizing and posting the adjusting

<u>Solution:</u>

To determine the value of the total assets after journalizing and posting the adjustment, we have to subtract all the given values i.e, the expired rent, expired insurance and the depreciation values from the total assets before journalizing and posting the adjusting.

The calculation is as follows,

Total assets after journalizing and posting the adjusting

\Rightarrow\$128,800 - \$800 - \$2,400 - \$900 = \$124,700

Therefore, the required value of the total assets after journalizing and posting the adjusting is $124,700.

8 0
3 years ago
Jeremy recently started working at All Tech Info Services. The company spends a lot of money on ensuring that its employees are
Elanso [62]

Jeremy's career development responsibility involves the <u>recognition of the particular needs</u> he can realistically develop.

<h3>What is career development planning?</h3>

Career development planning is a long-term process by which an employee explores and manages life, learning, and work opportunities to benefit them and their employers.

Career development planning involves stages, including:

  • Needs assessment
  • Exploration
  • Preparation
  • Implementation
  • Decision-Making.

Thus, Jeremy's career development responsibility involves the <u>recognition of the particular needs</u> he can realistically develop.

Learn more about career development planning at brainly.com/question/4606167

#SPJ112

6 0
2 years ago
If the market for corporate control were efficient as a governance device, then only __________ would be targets for takeovers.
CaHeK987 [17]

Answer:

The correct answer is c. poorly performing firms.

Explanation:

Corporate governance is the set of rules, principles and procedures that regulate the structure and operation of the governing bodies of a company. Specifically, it establishes the relationships between the board of directors, the board of directors, the shareholders and the rest of the interested parties, and stipulates the rules governing the decision-making process on the company for the generation of value.

In recent years, and more specifically following the onset of the financial crisis, the international community has understood the importance of listed companies being managed in an adequate and transparent manner. The good governance of companies is the basis for the functioning of markets, as it favors credibility, stability and contributes to boosting growth and wealth generation.

The weakness shown by corporate governments of large organizations in the past has multiplied the demands for transparency, truthfulness, good practices and responsible business behavior on the part of investors, consumers and society in general, which not only pay attention anymore. to financial indicators, but they also want to know how those results have been achieved.

4 0
3 years ago
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