The following statement is true of the common view of corporate social responsibility (CSR):
What is social responsibility ?It holds that business has a strict obligation to contribute to social causes.The typical understanding of CSR is that companies have an obligation to maximise shareholder profit while also taking into account how their operations affect society and the environment. The stakeholder theory of CSR, which contends that businesses have duties to all of their stakeholders, including shareholders, employees, customers, suppliers, and society at large, provides the foundation for this point of view.The popular perception of CSR does not support the following claim:It contends that serving shareholders is a manager's main duty.This claim is more in line with the shareholder primacy theory of CSR, which maintains that managers' first priority should be to maximise shareholder wealth.
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A product is currently made in a process-focused shop, where fixed costs are $9000 per year and variable cost is $50 per unit. The firm is considering a fundamental shift in process, to repetitive manufacture. The new process would have fixed costs of $90,000, and variable costs of $5. What is the crossover point for these processes? For what range of outputs is each process appropriate?
The annual crossover is 1800 units. The procedure is completed is less expensive for volumes under 1800 units; the repetitive focus is much less expensive for quantities over 1800 units.
What is the difference between fixed and variable costs?Variable costs, as opposed to fixed costs, are straight linked to the expense of producing goods or services. Variable costs are commonly referred to as cost of goods sold COGS, whereas fixed costs really aren't typically included in COGS. Variable costs can be affected by fluctuations throughout sales and production levels if factors such as fees and commissions are factored into per-unit production costs.
How are fixed expenses accounted for?Fixed costs are associated with a company's basic able to operate and overhead costs. Fixed costs are deemed indirect production costs, which means that they're not directly incurred by the manufacturing process, such as assembly parts.
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to determine which country is attractive for potential investments, you need to balance which three considerations? (check all that apply.) multiple select question. risks opportunities costs threats benefits climate
To determine which country is attractive for potential investments, you need to balance risks, costs and benefits.
Investments are made with the intention of making money and building value over time. Any process utilised to produce future revenue can be referred to as an investment. This involves, among other things, purchasing securities such as bonds, stocks, or real estate. Buying a property that can be utilized to manufacture things is another investment option.
An investment often entails the use of a resource today, such as time, money, effort, or an item, with the hope of receiving a return that is greater than the initial investment. An investor could, for instance, purchase a financial asset today in the expectation that it will provide income down the road or can be sold for a profit at a higher price.
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a practitioner's report on agreed-upon procedures that is in the form of procedures and findings should contain:
A "statute of limitations" on the use of the practitioner's report upon agreed-upon procedures, which takes the form both "procedures and findings", is required.
Define the term statute of limitations?The duration of time a civil or penal matter has to be filed to court is known as the statute of limitations. The parties to the disagreement may not file a lawsuit after the limitations period has run.
Consumer debt is also subject to statutes of limitations, after which time lenders cannot be sued for past-due debts. Creditors it could no longer take some action, including garnishing earnings, even though the debt still is owing. It is nevertheless advised to pay off all debt because there may be further consequences down the road.Thus, a statute of limitations on the use of the practitioner's report upon agreed-upon procedures, which takes the form both procedures and findings, is required.
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true or false: the world today remains a more democratic place with a much greater adherence to a market-based economic system. true false question. true false
False. Although it is true that many nations have democratically elected governments and market-based economic systems, the degree of democracy and commitment to these ideals.
It's differs greatly from one nation to the next. There are still numerous nations without a market-based economy, and in certain cases there have been moves away from democratic institutions and toward authoritarianism.
Furthermore, even in nations that are seen as democratic and market-based, issues and disagreements persist regarding the proper proportion of economic freedom to government interference, as well as the function of markets in fostering equality and the common good. It is therefore incorrect to claim that the globe is a more democratic environment, despite the fact that there has been improvement in some areas.
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the most likely impact of an effective price floor in a market is:group of answer choicesa shortage will develop.the demand curve will shift to the left.the supply curve will shift to the right.a surplus will develop.
The most likely impact of an effective price floor in a market is a surplus will develop.
Price supports, rather than price floors, are a common term. This is true because an actual price floor prevents a price from going below a certain threshold. When a price floor is established above the equilibrium price, the pricing intervention becomes a problem. There may be a supply surplus in this situation.
The quantity of demand and the quantity that can be provided must be equal for a market to be in equilibrium, as you likely already know from your small business. Government acts can also set price ceilings, but as the names imply, they do so to prevent customers from being overcharged for goods and services. In order to safeguard a product's long-term sustainability, the government sets a price floor.
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granite monuments reported $69,000 net cash provided by its operating activities. it invested $2,000 in new equipment and paid $3,000 in dividends. what was granite monuments’ free cash flow?
The free cash flow for Granite Monuments was $64,000.
What is free cash flow?A company's free cash flow (FCF) is a metric that assesses its financial performance, specifically the amount of cash left over after capital expenditures for distribution to stakeholders. FCF, then, is the sum of money that a business makes after investing in the upkeep and expansion of its enterprise.
When calculating FCF, net cash generated by operational activities is subtracted from capital expenditures, such as investments in property, plant, and equipment. This reveals how much money is available to pay back debt or distribute to stakeholders, such shareholders, in the form of dividends.
According to question:
Free cash flow is calculated as:
Net Cash Provided by Operating Activities - Capital Expenditures - Dividends = Free Cash Flow
So in this case:
$69,000 - $2,000 - $3,000 = $64,000
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Consider the market for cars. Which determinant of demand is affected by each of the following events? a. Environmentalists launch a successful One Family. One Car campaign: (Click to select) b. A baby boom occurred 16 years ago (Click to select clayoffs increase as the economy sheds millions of jobs Click to select d. Ano shortage causes the price of gasoline to sor. (Click to select e. The government offers tax rebates in return for the purchase of commuter rail tickets Click to select The government announces a massive plan to ball out the auto industry and subsidize production costs: Click to select) Prices of related goods Consumer preferences Incomes Number of buyers Expectations
Consumer preferences are the arbitrary tastes, inclinations, and loves and dislikes of an individual. To achieve the best outcomes, you must take into account your target market's personal preferences.
What is the role of government tax?A fundamental method for nations to produce public revenues that enable them to support investments in human capital, infrastructure, and the provision of services for citizens and businesses is through the collection of taxes and levies.Taxes provide funds for the government's public expenditures, such as the construction of roads, schools, and hospitals, as well as for local government services, such as police and fire departments, parks and playgrounds, and public libraries.Any individual or corporation with income, regardless of the amount received, is required to file income tax returns under the current rules of the IT Act. However, at the moment, only if a fiscal year's net taxable income exceeds Rs. 2.5 lakh is tax on income due.Explanation :
a. Environmentalists launch a successful One Family, One Car campaign : consumer preferences
b. A baby boom occurred 16 years ago : number of buyers
c. Layoffs increase as the economy sheds millions of jobs : incomes
d. An oil shortage causes the price of gasoline to soar : price of related goods
e. The government offers tax rebates in return for the purchase of commuter rail tickets : price of related goods
f. The government announces a massive plan to bail out the auto industry and subsidize production costs : expectations
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for financial accounting purposes, what is the total amount of product costs incurred to make 29,750 units? for financial accounting purposes, what is the total amount of period costs incurred to sell 29,750 units? for financial accounting purposes, what is the total amount of product costs incurred to make 31,500 units? for financial accounting purposes, what is the total amount of period costs incurred to sell 28,000 units?
To determine the total amount of product costs incurred to make a certain number of units and the total amount of period costs incurred to sell a certain number of units, we would need to know the specific costs associated with making and selling the product.
Product costs include direct materials, direct labor, and manufacturing overhead, while period costs include selling, general, and administrative expenses.
Without this information, it's impossible to provide an accurate answer to these questions. If you can provide more information on the specific costs associated with making and selling the product, I would be happy to help you calculate the total amount of product and period costs for the given number of units.
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To determine the total amount of product costs incurred to make a certain number of units and the total amount of period costs incurred to sell a certain number of units, we would need to know the specific costs associated with making and selling the product.
Product costs include direct materials, direct labor, and manufacturing overhead, while period costs include selling, general, and administrative expenses.
In production, research, retail, and accounting, a cost is the value of money that has been used up to produce something or deliver a service, and hence is not available for use anymore. In business, the cost may be one of acquisition, in which case the amount of money expended to acquire it is counted as cost. In this case, money is the input that is gone in order to acquire the thing. This acquisition cost may be the sum of the cost of production as incurred by the original producer, and further costs of transaction as incurred by the acquirer over and above the price paid to the producer. Usually, the price also includes a mark-up for profit over the cost of production.
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what is the duration of a two-year zero-coupon bond that is yielding 11.5 percent? use $1,000 as the face value.
The duration of a two-year zero-coupon bond that is yielding 11.5 percent is 1.794 years.
What is a zero coupon bond?Bonds with no interest payments are those whose face value is paid back at maturity. The term "zero-coupon bond" refers to a bond that does not have so-called coupons or periodic interest payments like conventional bonds do. The investor of the bond receives the bond's par value when it matures.
Duration of a bond:
Duration = time to maturity / (1 + yield to maturity)
The bond has 2 years to maturity, and the yield is 11.5%.
Duration = 2 / (1 + 11.5%)
Duration = 1.794
Therefore, The duration of a two-year zero-coupon bond is 1.794 years.
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list four behavioral factors that could be used to classify a worker as either an employee or an independent contractor and provide a brief example.
The four behavioral factors that could be used to classify a worker as either an employee or an independent contractor are Behavioral control, Financial control, Type of relationship, Skill level.
Behavioral control: The level of control the employer has over the worker's behavior and how the work is performed. For example, an employee is provided with detailed instructions, tools and equipment, while an independent contractor uses their own methods and tools to perform the work.Financial control: The level of control the employer has over the financial aspects of the worker's job. For example, an employee may receive a salary, benefits and expenses, while an independent contractor is responsible for their own expenses.Type of relationship: The type of relationship between the employer and worker, including the duration of the relationship and the level of commitment. For example, an employee has a long-term relationship with the employer, while an independent contractor has a project-based relationship.Skill level: The level of skill and expertise required to perform the job. For example, an employee may be trained to perform specific tasks, while an independent contractor has a high level of expertise in their field.To learn more about independent contractor please click on below link.
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Consultative-style selling, which emerged in the late 1960s and early 1970s, is an extension of the marketing concept. Value-added selling can be defined as a series of creative improvements within the sales process that enhance the customer experience. true or false
The given statement ''Value-added selling can be defined as a series of creative improvements within the sales process that enhance the customer experience.'' is true.
What do you mean by value-added selling?One of the sales strategies that depends on enhancing the inherent worth of a good or service is value added selling. By definition, the value add technique is a more adaptable and individualized selling strategy that seeks input from a specific group of typical clients.Value-added selling is a particular selling technique in which the salesperson makes an effort to offer clients value at each stage of the sale. Value-based selling naturally leads to the value-added selling ethos.A product is sold using the value-added selling strategy when additional benefits or incentives are offered. It involves dynamic product positioning, in which you draw attention to the aspects of your brand and business that are most important to your target market.Learn more about value-added selling refer to :
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a larger culture has a certain set of values that are different from the values held by employees of a corporation or department within a company, or what may be known as a:
The values held by members of a subculture are distinct from those of a corporation or a department within a firm.
What term describes a subculture within a broader culture?A subculture is exactly what it sounds like—a smaller cultural group that exists within a larger culture. Members of a subculture are also members of the broader culture, but they also share a unique identity with the smaller group.
What does sociology mean by bigger culture?The pattern of cultural experiences and attitudes that exist in the upper class elements of a society are referred to as high culture by sociologists. High culture is frequently linked to intellect, influence, and reputation in politics. High culture also frequently reflects affluence in America.
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Marius has been brought in as a consultant for a large organization. He is tasked with identifying the goals, policies, and action sequences the company should take to offset competitive challenges. Marius will be implementing O operational management. O transactional management. O management by objectives. O process mapping. O strategic management.
Marius will be implementing strategic management.
What is strategic management?Strategic management is the process of setting goals, procedures, and objectives in order to make a company or organization more competitive. Typically, strategic management looks at effectively deploying staff and resources to achieve these goalsStrategic management requires setting objectives for the company, analyzing the actions of competitors, reviewing the organization's internal structure, evaluating current strategies and confirming that strategies are implemented company-wide. Strategic management can be either prescriptive or descriptiveStrategic management strategies help businesses to find direction and grow through a process of assessment, evaluation and then development which can help to identify new business goals, set appropriate and achievable objectives, and help businesses to regain a competitive edge
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for a retail business, a delivery of inventory, from a vendor (with whom there is an established credit relationship) would be initially recorded in which type of accounting record as part of which transaction cycle? 16) a) purchases journal; expenditure cycle b) general journal; expenditure cycle c) general ledger; expenditure cycle d) cash disbursements journal; production cycle
The correct option is Option A
For a retail business, a delivery of inventory, from a vendor (with whom there is an established credit relationship) would be initially recorded in purchases journal; expenditure cycle
A retail business would first record a delivery of merchandise from a vendor with whom it has a pre-existing credit arrangement as part of the spending cycle in the purchasing journal. The procedures of acquiring products or services, receiving and documenting delivery, and paying for the goods or services are all included in the spending cycle. The cash disbursements diary is used to record payments for goods or services, whereas the purchasing book is used to record credit purchases of products or services. The general ledger, a thorough record of a company's financial activities, receives the data from the purchasing journal later.
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what is the marginal cost of producing the fifth unit? no. units produced total revenue total costs 0 0 0 1 100 50 2 180 110 3 250 180 4 290 270 5 310 380
The marginal cost of creating the fifth unit is equal to the sum of the costs to make five units minus the sum of the costs to produce four units, or R122 minus R120, which equals R12.
The additional money made from the sale of a further unit of output is referred to as marginal revenue.
The break-even threshold is reached when overall costs and total revenues are equal, leaving your small firm with no net benefit or loss. In other words, you've achieved the point in production where the revenue from a product equals the cost of manufacture.
Total revenue less total cost equals profit for a business. All opportunity costs associated with producing a company's output of goods and services are included in the cost of production.
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what two elements must be present in a contract to achieve complete agreement referred to as meeting of the minds offer with escrow deposit
Two elements that must be present in a contract to achieve complete agreement referred to as meeting of the minds offer with escrow deposit are offer and awareness.
All contracts begin with a desire and a sense of obligation. Someone desires something, and someone has the ability to fulfill or accept responsibility for that desire.
This first element is "the offer" which includes each party's duties and responsibilities but must also illustrate a value exchange. This value can be monetary or refer to a desired action or consequence.
To be legally binding, both parties must be aware that they are entering into an agreement. Both parties must be active participants. This is usually called "a meeting of the minds," They must acknowledge the existence of the contract and willingly accept to be bound by its terms.
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grand corporation reported pretax book income of $630,000. tax depreciation exceeded book depreciation by $420,000. in addition, the company received $315,000 of tax-exempt municipal bond interest. the company's prior-year tax return showed taxable income of $52,500. compute the company's current income tax expense or benefit. note: leave no answer blank. enter n/a or zero.
Since no tax rate is stated, the company's current income tax expense or profit is 52,500 * tax rate.
Given data:
Pre-tax book income = $630,000
Excess Tax Credit = $420,000
Tax exempt = $315,000
Taxable Income = $52,500
Net operating loss is calculated using the following formula:
Net Operating Loss = Book Pre-Tax Income - Depreciation - Tax Exempt Interest on Municipal Bonds
Net Operating Loss = 630,000 - 420,000 - 315,000
Net Operating Loss = -105000
Current tax benefits are calculated using the following formula:
Current tax effect = net operating loss carried back to previous year * tax rate
Current tax benefit = 52,500*tax rate
Therefore, the company's current income tax expense or profit is 52,500 * tax rate as no tax rate is stated.
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quantity demanded is on the horizontal axis when you plot a demand curve and shows the: group of answer choices amount of a good that a person is willing to buy at each price. amount of a good that a person actually buys at the market price. amount of a good that a seller is willing to sell at a particular price. amount where opportunity cost is equal to the marginal benefit.
When you plot a demand curve, the quantity desired is on the horizontal axis and represents the amount where opportunity cost and marginal benefit are equal.
What is opportunity cost ?According to microeconomic theory, an activity's opportunity cost is the value or gain that is forfeited in exchange for engaging in that activity as opposed to engaging in an alternative activity. More precisely, it indicates that by selecting one action, you are forgoing the chance to choose an alternative. By focusing on the alternatives, the idea of opportunity cost is utilised in decision-making to assist people and organisations in making better decisions. Opportunity costs include both the benefits and expenses of each option, which can sometimes be difficult to calculate. Opportunity costs are prospective.
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each month jamie buys exactly 15 mcwraps, regardless of the price. jamie's price elasticity of demand for mcwraps is:
The price elasticity of demand for the product has a numerical value of Cross-price elasticity if clients purchase seven products every week in any amount, regardless of price.
In economics, the relationship between the percentage change in the quantity of a thing sought after and the percentage change in the price of another good, ceteris paribus, is quantified by the cross elasticity of demand, also known as the cross-price elasticity of demand. Cross price elasticity of demand is the percentage change in a given product's quantity sought as a result of a percentage change in the price of a "related" product. The formula for calculating cross price elasticity (XED) is (% change in product A demand) / (% change in product B price). Due to the fact that it has a positive value greater than zero, it means that the products A and B can be exchanged for one another.
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a budget in which the allocation of resources fluctuates in proportion to different levels of activity during the budget period is known as a(n) budget.
A flexible budget is one in which the distribution of resources varies according to various activity levels over the budget period.
A flexible budget modifies the allocated amounts in response to variations in activity levels. Compared to a static budget, which assumes a constant level of activity and does not take into account variations in production or sales volume, it is more flexible.
In businesses where the amount of activity might vary significantly from one period to the next, like in the manufacturing or service industries, flexible budgets are frequently used. The flexible budget enables managers to compare actual outcomes to budgeted amounts at various levels of activity and to budgeted results more precisely.
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assume that the real risk-free rate, r*, is 2% and that inflation is expected to be 9% in year 1, 5% in year 2, and 2% thereafter. assume also that all treasury securities are highly liquid and free of default risk. if 2-year and 5-year treasury notes both yield 10%, what is the difference in the maturity risk premiums (mrps) on the two notes; that is, what is mrp5 minus mrp2? round your answer to one decimal place.
what is mrp5 minus mrp2 : the answer of the given question is MRP5 -MRP2 = 3.2% -2% = 1.2%
for 2-year bond
inflation = (7%+5%)/2 = 6%
10% = 2% + 6% + MRP2
MRP2 = 2%
for 5-year bond
inflation = (7%+5%+ 4%*3)/5 = 4.80%
10% = 2% + 4.80% + MRP5
MRP5 = 3.2%
MRP5 -MRP2 = 3.2% -2% = 1.2%
The gradual loss of purchasing power is essentially what price increases, also referred to as inflation, represent. The rate of average price growth of a sample of products and services over time can be used to estimate the pace of purchasing power loss. One unit of currency really has less purchasing power as a result of the price increase, which is sometimes stated as a percentage. Deflation, which happens when prices fall and buying power rises, is comparable to inflation.
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it is a difference in that guides consumers in china to prefer cookies that are slightly sweeter and buyers in south america to prefer cookies that are much sweeter than in the united states. multiple choice question.
"Cultural difference" is a difference in that guides consumers in china to prefer cookies that are slightly sweeter and buyers in south America to prefer cookies that are much sweeter than in the united states.
The difference mentioned in the statement is a "cultural difference" that guides consumers in China and South America to prefer cookies with different levels of sweetness compared to consumers in the United States.
Culture can influence consumer preferences and behaviors, and different cultures can have different attitudes and expectations regarding the taste, texture, and flavor of food. Therefore, it is essential for food companies to consider cultural differences when developing products for global markets. In this case, the cultural differences are reflected in the preferred level of sweetness of cookies in different regions.
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if you deposit money today in an account that pays 13.0% annual interest, how long will it take to double your money?
To double your money, you need to calculate the time it takes for your initial investment to grow to twice its original value. It would take approximately 5.54 years to double your money at an interest rate of 13.0%.
You can use the rule of 72, which is a quick way to estimate the number of years it takes to double an investment at a given interest rate. The rule of 72 states that you divide 72 by the interest rate to get an estimate of the number of years it takes to double your investment.
In this case, if you deposit money today in an account that pays 13.0% annual interest, using the rule of 72, you can estimate the number of years it takes to double your investment as follows:
72 / 13 = 5.54 years
So, it would take approximately 5.54 years to double your money at an interest rate of 13.0%.
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a7x corporation just paid a dividend of $1.25 per share. the dividends are expected to grow at 35 percent for the next 9 years and then level off to a growth rate of 7 percent indefinitely. if the required return is 14 percent, what is the price of the stock today?
To calculate the price of the stock today, we need to determine the present value of the expected future dividends.
This can be done using the Gordon Growth Model formula:
P0 = D1 / (r - g)
Where:
P0 = the stock price today
D1 = the next expected dividend ($1.25)
r = the required return (14%)
g = the expected long-term growth rate (7%)
First, we need to determine the expected dividend in 9 years. To do this, we can use the formula for compound growth:
D9 = D1 * (1 + g)^9
Plugging in the numbers:
D9 = $1.25 * (1 + 0.35)^9 = $4.51
Next, we can calculate the expected dividend growth rate for the next 9 years using the formula:
g = (D9 / D1)^(1/9) - 1
Plugging in the numbers:
g = ($4.51 / $1.25)^(1/9) - 1 = 0.35
Now we can use the Gordon Growth Model formula to determine the stock price today:
P0 = $1.25 / (0.14 - 0.07) = $25.00
So, the stock price today is $25.00.
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which investment term referes to an asser or property that cannot be sold or transferred quickly without lowering the price
A stock, bond, or other asset is said to be illiquid if it cannot be sold quickly and easily.
What is illiquid?If a stock, bond, or other asset cannot be quickly and readily sold or exchanged for cash without suffering a large loss in value, it is said to be illiquid. Illiquid assets could be challenging to sell quickly since there isn't much trading activity or interest in the issue, as seen by the absence of eager and ready buyers or speculators to buy or sell the asset. Bid-ask spreads are significantly greater as a result of this discrepancy than they would be in a market that is well-regulated and busy on a daily basis. In example, if they desire to sell their investments quickly, owners of illiquid assets may suffer losses due to a lack of ready buyers or depth of market (DOM).
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the removal of a tenant by the landlord because the tenant breached a condition of a lease or another rental contract is known as?
The legal procedure by which a landlord forcefully evicts a tenant from a rental property as a result of that tenant breaking the conditions of the lease or rental agreement is known as eviction.
This violation may involve, but is not limited to, failure to pay rent, breaking the terms of the contract, or using the property for illicit purposes. The typical eviction procedure starts with the landlord giving a notice to the tenant, and if they don't leave the property on their own volition, a court hearing follows.
If the court judges in the landlord's favour, the renter must leave the property immediately and could be punished further if they don't.
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when a research firm conducts focus groups to test 3 potential ad concepts for its client, they are using which type of applied research? selective programmatic evaluative none of these diagnostic
When a research firm conducts focus groups to test 3 potential ad concepts for its client, they are using "selective" type of applied research.
The research firm is also known as the market research firm in which the organization gather informative information and analyze the given data about the business terms like customers, competition, distributors and the other factor which perform activity in the market place.
The selective research is the applied research when the result comes from the choosing data and personal choices include the collected data for the clear picture.
These are many research which is performed in the business like qualitative research, survey research, case study and so on.
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Why did the auther not proved sufficient support her claim because there are no examples
The author's reasons and evidence show how details from the text support the main idea. These explanations and evidence are referred to as supporting details.
Who is called the author?An author is someone who has had their writing published. People who write are considered authors when they create the ideas and content for their written work in addition to producing published work. As a result, while the majority of authors are writers, not all writers are considered authors.
The evidence or appeal used to persuade the reader to believe the claim is referred to as support. The (often implicit) assumption that connects the support to the claim is referred to as a warrant. There are three types of evidence that are required to gain the audience's trust in the writer's claims.
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health records may be admitted into court as evidence due to: group of answer choices the privacy act the hearsay rule business records exception to hearsay hipaa
The medical record may be admitted as business records or as an explicit exception to hearsay rule.
What is hearsay rule?
A witness cannot introduce another person's testimony as evidence when testifying in court. We refer to this as rumor. To be considered as evidence, the court must hear from the individual in question. Evidence of a statement that was made by someone other than a witness while testifying at the hearing and is provided to prove the veracity of the matter expressed is known as hearsay evidence. Let's do this step by step since there are several components to it. It's crucial to remember that a "statement" can be both written and verbal. Simply put, the second component refers to remarks made outside of court.
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the company had a net income of $248 462 and depreciation expenses were equal to $72 487. what is the firms net cash flow from operating activities
Therefore, the firm's net cash flow from operating activities is $320,949.
Net cash flow from operating activities represents the cash generated or used in a company's day-to-day operations, and it's an important metric for evaluating the company's financial health and ability to fund its operations.
Net cash flow from operating activities can be calculated using the formula:
Net cash flow from operating activities = Net income + Depreciation
In this case, the company had a net income of $248,462 and depreciation expenses of $72,487, so:
The Net cash flow from operating activities = $248,462 + $72,487
The Net cash flow from operating activities = $320,949
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