Answer: Please refer to the explanation section
Explanation:
The question is incomplete, the statement which we much choose from are not given in the question we will explain the question and provide a clear solution to make it easier for the student to single out a false statement.
Property acquisition was financed by two mortgage Bonds, First Mortgage Bond was $60 000 and the second mortgage bonds was $23 500. Ignoring interest rate we can assume that the Value of the Property is $83500 ($60 000 + $23 500).
Property was sold for $88000, There is a profit on sale of the property. Profit earned amounted to $4500 ($88000 - $83500). The profit on sale of property ($4500) will reported on the income statement. The property Value will be derecognized from long term assets in the the balance sheet statement.
The profits on sale of the property will form part of the net income for the year. Net income is distributed to shareholders in the form of dividends. We can therefore conclude that a portion of Profits on sale of property, if not all will be distributed to the share holders as dividends
According to the video, Impulsive Buying is unplanned buying with little investigation of alternative stores, brands, or prices, whereas, Comparison shopping is the process of considering alternative stores, brands, and prices.
Explanation:
- Impulsive buying refer to the phenomenon of buying something without any plan.
- It is just like you went to a shop you liked something and you bought it.
- Few example of impulsive buying are-buying chocolates,a scarf,a painting or even a furniture.
- Impulse buying is also termed as Pleasure buying.
<u>Comparison shopping </u>refers to the process of buying a product after comparing the price,brand with that of the other similar product in the market.
The type of marketing strategy employed by Travel Time is an example of:
<h3>What is Marketing Strategy?</h3>
This refers to the various ways in which a company advertises its products or services which appeal to the taste of a wide range of customers.
With this in mind, we can see that the type of marketing which was used by Travel TIme is the right time marketing which has to do with digital engagements which delivers marketing that is personalized to the customer.
Read more about marketing strategy here:
brainly.com/question/26269929
Answer:
14.89%
Explanation:
Present value: $1,000
Future value: $2,300
Tenor = 6 years
FV = PV * (1+ rate) ^tenor
⇔2,300 = 1,000 * (1 + rate) ^6
⇔(1+rate)^6 = 2300/1000 = 2.3
⇔ 1+ rate = 2.3^(1/6) = 1.1489
=> Rate = 1.1489-1 =0.1489 = 14.89%
Answer:
Key Takeaways
A market economy functions under the laws of supply and demand.
It is characterized by private ownership, freedom of choice, self-interest, optimized buying and selling platforms, competition, and limited government intervention.
Competition drives the market economy as it optimizes efficiency and innovation.
Explanation:
Hope this helps! Have a great day!
