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Korvikt [17]
3 years ago
8

In a market area, there were 168 single-family sales last year, and there are currently 98 properties on the market. What is the

monthly absorption rate
Business
1 answer:
DIA [1.3K]3 years ago
4 0

The monthly absorption rate of the single-family properties is 5.8

<h3>What is the monthly absorption rate?</h3>

The monthly absorption rate is a measure used in real estate to determine the rate at which houses are sold in a particular period of time. The absorption rate gives an insight to the rate at which houses are sold in a particular period of time.

Monthly absorption rate = number of houses sold / 12

(168 - 98) / 12 = 5.8

To learn more about absorption rate, please check: brainly.com/question/14347332

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Carver Lumber sells lumber and general building supplies to building contractors in a medium-sized town in Montana. Data regardi
masya89 [10]

Answer:

$39,300

Explanation:

The computation of the net income is shown below:

= Sales - cost of good sold - other monthly expenses - depreciation expense

= $320,000 - $240,000 - $24,700 - $16,000

= $39,300

The cost of goods sold is computed below:

= December sales × cost of goods sold percentage

= $320,000 × 75%  

= $240,000

All other information which is given is not relevant. Hence, ignored it

4 0
3 years ago
A customer tells you that they “must have” a particular item that you are out of in your store. You can tell that the customer i
babunello [35]
I'd recommend a "rain check", suggesting that as soon that specific product is replenished, you'll reserve one for them so this wouldn't happen again. I would also apologize for not having been prepared, and offer a small coupon or two as a form of compensation for the inconvenience. (That is, if you're able to offer coupons.) Another thing that would be important is to display professionalism in a stressful situation. That will show your higher ups that you are an asset to the business. Hope I helped! :)
8 0
3 years ago
You are an engineer and a manager at an aerospace company with an important government contract supplying parts for a space shut
Yanka [14]

Answer: Allow your judgment as an engineer to override your judgment as a manager, and do not permit the launching.

Explanation:

8 0
3 years ago
Green Gardens sells gardening and landscaping goods and equipment. The marketing department places an unmanned machine in the st
swat32

Questions:

Green Gardens sells gardening and landscaping goods and equipment. The marketing department places an unmanned machine in the store with touchscreen technology to provide product information. Consumers can use this machine to learn about the company’s products and services. The company’s marketing form is best referred to as ________ marketing.

A) kiosk

B) mobile

C) telephone

D) interactive

E) personalized

Answer:

The correct answer is A) Kiosk

Explanation:

A kiosk refers to a small, temporary, stand-alone booth used in high-traffic areas for marketing purposes.

They may be found in the walkways of shopping malls. They may or may not be manned by individuals who sell a product or service—anything from toys and hair-care products to insurance or credit cards.

Some, in fact, are electronic, providing consumers with a self-service-style experience.

Types of Kiosks

  • Employment Kiosks
  • Health Care Kiosks
  • Photo Kiosks
  • Food Service Kiosks

In an effort to make more efficient the process of taking food orders, some restaurants install self-service kiosks. Customers can follow interactive prompts to select their meal and customize their order. The kiosks usually accept credit or debit cards, eliminating the need for a human cashier.

Another example of a widely used Kiosk is an ATM Machine.

Cheers!

7 0
3 years ago
Read 2 more answers
Which of the following statements are positive? The minimum wage creates unemployment among young and unskilled workers. The min
larisa86 [58]

Answer:

The minimum wage creates unemployment among young and unskilled workers.

If the price of a product in a market decreased, other things equal, quantity demanded will increase.

There is a tradeoff between inflation and unemployment in the short run.

If consumer income increases, other things equal, the demand for automobiles will increase

If interest rates increase, investment will decrease.

Explanation:

Positive statement is objective and statements are usually based on facts and economic theory. They can be tested.

It is a known fact that the higher the minimum wage, the lower the demand for labour and the higher the unemployment rate. this is because price varies inversely with demand

a tradeoff between inflation and unemployment in the short run is known as the Phillips curve

Normative statement is based value judgements, opinions and perspectives. For example, the statement - social welfare spending in Sweden occupies too large a portion of the national budget - is based on opinion. To some the expenditure might be even too small. There is no economic theory that can be used to determine if this expenditure is too large or small

5 0
3 years ago
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