Answer: Trade Industries
Explanation:
Trade industries survive as long as people and businesses can afford to trade goods and services. If entities are unable to afford consumption for a reason such as a decline in income, the trade industries will suffer.
When the economy is not healthy, income levels of people will reduce and so trade industries will suffer as opposed to a healthy economy where entities can afford goods and services which will ensure the survival of trade industries.
These are all the answers to the test
1. Debt Collection
2. A nominal ledger
3. Investment
4. A trial balance
5. All of the above
6. Income Statement
7. Cash flow Statement
8. Snapshot
9. To show managers and investors whether the company made or lost money during the period being reported.
Just took the Test and got a 100!
Answer:
1/12
Explanation:
The above case relates to the closing cost. Closing costs refers to the expenditures that investors and vendors usually pay to conclude a property investment sale, above and beyond the price of the land.
Costs involved can comprise mortgage origination payments, concession points, assessment fees, title checks, homeowner's insurance, assessments, taxes, deed-recording fees and credit report fees. Prepaid expenses, such as property taxes and homeowners' insurance, are those that recur over time.
A <u>marketability discount</u> is applied to reduce estate tax when a large amount of real estate is for sale in one area.
When evaluating private enterprises, the discount for lack of marketability (DLOM) is used. It has to do with the business not having a publicly listed stock on a stock market.
Since shares of publicly listed corporations may be purchased or sold in a controlled marketplace, these companies are seen to have a "market." Private businesses lack a centralised market and are thought to have smaller markets. In order to represent the lack of a market, private firms should, in principle, be valued lower than public companies, all else being equal.
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An estimated amount of money or payment required to pay by the purchaser to the owner or manufacturer is called cost. It is a defined amount of price set by the seller for its product.
$ 72 is the cost for the notebooks.
<h3>How to determine the cost?</h3>
Given,
- Cost of x notebooks = 3x
- Number of notebooks (x) = 24
Cost of 24 notebooks = 3 (24)
Cost = 72
Therefore, option d. $72 is the cost of the notebook.
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