the intermediary relationship that involves the transfer of ownership is
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The intermediary relationship that involves the transfer of ownership is a definition of a sale.
Sale is the intermediary relationship that involves the transfer of ownership. This implies that an intermediary, who can be either a manufacturer, wholesaler, or retailer, serves as a middleman between the buyer and the seller to facilitate the transfer of ownership of goods or services from the seller to the buyer. This intermediary may purchase the goods or services from the seller and then resell them to the buyer at a higher price to make a profit.
Example of a SaleThe sale is an intermediary relationship that involves the transfer of ownership. Here is an example:Kunle is an art collector who has some paintings he wants to sell. He sells the painting to a dealer at a discounted price, who then resells it to a private collector at a higher price. The dealer makes a profit on the difference between the price he paid Kunle and the price he received from the collector. In this instance, the dealer is the intermediary between Kunle and the collector, and the sale is the intermediary relationship that involves the transfer of ownership.
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Related Questions
To study the effect of price on Frank's demand for premium movie channels, economists hold his monthly income constant. This is an example of a(n) ___
Answers
Answer:
The appropriate answer will be "Ceteris paribus ".
Explanation:
This widely commonly utilized expression continues to stand for 'unaffected as well as constant include all stuff.'It has been used in economic principles to figure or conquer out the probability of attempting to change 'certain' causes, i.e. focusing on either the basic cause and effect relationship between two continuous variables.So that the given statement would be the example of Ceteris paribus.
One of the 5 Ws is "Who". This refers to _____. Who will be in the venue the day after the event? Who else will be hosting events that day? Who is going to do what? Who is hosting the event?
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Answer:
Explanation:
The 5 Ws (sometimes referred to as Five Ws and How, 5W1H, or Six Ws) are questions whose answers are considered basic in information gathering or problem-solving. The five questions are Who, What, When, Where, and Why. The term "Who" refers to the person or people involved in the situation.
The 5 Ws (who, what, when, where, and why) are questions used to investigate a story or situation. They are often used in journalism, research, and police investigations. In a business context, the 5 Ws can be used to analyze a context in a given situation. For example, in sales the 5 Ws can be used to ask questions such as "Where will the palm tree be?" and "By when would you like to have it at your house?".
The 5Ws can also be used as a brainstorming technique. The questions are Who, What, When, Where, Why, and How. An example of this is using the 5Ws and H to answer questions such as "Who is involved?", "Who is affected?", "Who will benefit?", and "Who will be harmed?".
The 5Ws help writers answer key questions about their story or situation so that they can provide an accurate description of what happened.
What happens if you still have a balance on your credit card AFTER the company starts charging you interest?
A: The bank will make your interest payments for you
B: The bank will extend the 0% APR so you don't pay interest
C: The bank will offer you a 0% so they make no money off you
D: The bank will make money from the interest fees you pay
Answers
My reasoning is because banks will always make money of your interest and debt someway. This includes every bank in the world, it’s how banks can afford to stay open and hire employees.
Hope this helps have a nice day :)
difference betwee auditor and finance managys
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Answer:
Image result for difference between auditor and finance manager
Auditor ensures that the businesses are saved from any fraud by highlighting any discrepancies undertaken in accounting methods whereas a Finance manager provide with accurate and detailed financial reports which are vital for the profitability of the business.
Explanation:
Prior to the introduction of technology that facilitated large-study research, those interested in best understanding whether formal education was addressing the needs and interests of students and teachers alike had to rely on a number of time-consuming activities in an effort to collect and interpret reliable data. In this essay, describe how research into educational programs was conducted prior to the introduction of affordable technology and how this research is conducted today. In your conclusion, address the perceived value of research-based policy today compared with the policies that existed prior to the introduction of computer-assisted research.
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Answer:
Technology provides students with easy-to-access information, accelerated learning, and fun opportunities to practice what they learn. It enables students to explore new subjects and deepen their understanding of difficult concepts, particularly in STEM.
Explanation:
B. Industria and Extractive Occupation can be grouped into Extractive, direct and indirect C Construction, Manufacturing D. Manufacturing, Commercial and direct
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Industrial and Extractive Occupation can be grouped into option A. Extractive, direct, and indirect.
What is the Occupation about?Businesses and extractive occupations include the extraction of crude materials from nature. This incorporates businesses such as mining, oil and gas extraction, logging, as well as angling.
These businesses extract assets from the environment and get ready them for assist handling or utilize in fabricating and other businesses. They are fundamental for giving the crude materials that back numerous other businesses and financial exercises.
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Seed capital pays for which of the following?
A. Operating expenses for the first year of a new business
B. Expanding production and advertising budgets
C. Funding for research and development of a business idea
D. Competitive wages for high-tech workers
Edit: It's C
Answers
Answer:
It's C !
Explanation:
Hope you have a good day!
Seed capital pays for: C. Funding for research and development of a business idea.
The seed capital pays for market research for initial steps of product development. For example, development of the prototype or paying for all operating expenses like legal costs.
Seed capital provides operating expenses for the entire process of business. Hence, A is incorrect.
It has no role directly in the expansion of production and advertising budgets. Hence, B is incorrect.
It has no role in decision of competitive wages for high tech workers. Hence, D is incorrect.
Hence, C is correct option.
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What incentives do private prisons have to keep people incarcerated/locked up?
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what three variables determine how much interest a person could earn from a savings account?
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your current financial health, payment history, and debt obligations before
When adjusting the company's cash account balance in a bank reconciliation, which item must be added to the cash account balance?a. Outstanding balanceb. Collections of funds by the bankc. Charges for NSF checksd. Deposit outstanding
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When adjusting the company's cash account balance in a bank reconciliation, the item that must be added to the cash account balance is the deposit outstanding.
A deposit outstanding is a deposit that has been made by the company but has not yet been recorded by the bank. Therefore, it needs to be added to the cash account balance to ensure that the company's records are accurate and up-to-date.
Outstanding balances and charges for NSF checks are items that would typically be subtracted from the cash account balance, as they represent transactions that have been recorded by the bank but not yet by the company, and therefore, have not yet been accounted for in the company's records.
Collections of funds by the bank would not typically affect the cash account balance in a bank reconciliation, as these represent transactions that have already been recorded by both the bank and the company.
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The best reason to record income at the top of a budget is
a. to easily add expenses to it.
b. to know how much money is available.
c. to avoid spending too much money.
d. to see that is is more important than expenses.
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B) To know how much money is available.
You can clearly see how much money you have available to spend or save by listing revenue at the top of a budget.
Making judgments on how to divide your money and prioritize your expenses requires knowledge of this information.
You may see how much money is available to cover your bills, pay off debts, and save for the future by putting revenue at the top of your budget.
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The _____ consumers there are who would be likely to purchase a given product, the lower its market demand will be, and the demand curve will shift _____.
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The fewer consumers there are who would be likely to purchase a given product, the lower its market demand will be, and the demand curve will shift left.
What is demand curve?Demand curve is a graphical representation that shows how the rate of demand for a particular products and how it varies or changes over a period of time.
Therefore, The fewer consumers there are who would be likely to purchase a given product, the lower its market demand will be, and the demand curve will shift left.
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The use of government taxes and spending to alter macroeconomic outcomes is known as.
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Fiscal policy.
The use of government taxes and spending to alter economic outcomes is known as Fiscal policy. Payments to individuals for which no current goods or services are exchanged are known as Income transfers.
When the government decreases taxes, disposable income increases. That translates to higher demand (spending) and increased production (GDP). So, the fiscal policy prescription for a sluggish economy and high unemployment is lower taxes. Spending policy is the mirror image of tax policy.
Fiscal policy refers to the use of the government budget to affect the economy. This includes government spending and levied taxes. The policy is said to be expansionary when the government spends more on budget items such as infrastructure or when taxes are lowered.
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Michael wa reading a book. The ratio of the number of page read to the number of page unread wa 2:5. After Michael had read 32 more page, the ratio of the number of page read to the number of page unread became 18:17. How many page were there in the book?
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The book that Michael was reading has 140 pages in total. So the correct answer to the question above is 140 pages of books.
The ratio of pages Michael has read to the number of pages unread was 2:5
Michael read again 32 pages.
The ratio of pages Michael has read to the number of pages unread changes into 18:17
First, we can assume that the total pages of the book based on the ratio are:
Before = 7 pages ratio ------> 2 : 5 ---> 2 + 5 =7
After reading 32 more pages = 35 pages ratio --> 18:17 --> 18 + 17 = 35
Second, we need to multiply both sides of the first ratio so the total ratio can be the same as after reading (35 pages)
7 × 5 = 35 ----> (2 × 5) : (5 × 5) ---> 10 : 20
we can count :
10 : 20
18 : 17 both sides was changed 8 pages ratio
so the 8 pages ratio is equal to 32 pages book
so 1-page ratio is equal to 4 pages book.
Third, we need to count the actual pages of the book:
= 35 × 4
= 140 pages
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Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system For specific identification, ending inventory consists of 240 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory Date Activities Units Acquired at Cost Units sold at Retail January 1 Beginning inventory 160 units $ 8.50 $ 1,360 January 10 Sales 120 unit $17.50 January 20 Purchase 300 units 5.7.50 January 25 120 units January 240 units $7.00 1,630 Totals 500 units $ 3,790 240 units 750 Sales Purchase The Company uses a periodic Inventory system For specific identification, ending inventory consists of 240 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory. Determine the cost assigned to ending Inventory and to cost of goods sold using a specific identification, (b) weighted average (FIFO, and (UFO Complete this question by entering your answers in the tabs below. Weighted Specific Id FIFO LIFO Average Determine the cast assigned to ending inventory and to cost of goods sold using specific identification, For specific identification, ending Inventory consists o January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory Specific Identification Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Goods of units of units Cost per # of units in Available for Cost of Goods Cost per unit Ending Sate sold unit Sold ending Inventory Inventory Beginning inventory Purchases January 20 January 30 Total Cost per uni Weighted Average >
Answers
The cost assigned to the ending inventory is $1,945, and the cost of goods sold is $2,145 using the weighted average method.
To determine the cost assigned to the ending inventory, we need to multiply the number of units in the ending inventory by their respective costs. Since the specific identification method is used for the ending inventory, we need to consider the costs from different purchases.
January 30 purchase: 230 units * $7.50 = $1,725
January 20 purchase: 5 units * $8.00 = $40
Beginning inventory: 20 units * $9.00 = $180
Cost assigned to the ending inventory = $1,725 + $40 + $180 = $1,945
Calculate the cost of goods sold:
Cost of goods sold = Total cost of goods available for sale - Cost assigned to the ending inventory
Cost of goods sold = $4,090 - $1,945 = $2,145
Therefore, the cost assigned to the ending inventory is $1,945, and the cost of goods sold using the weighted average method is $2,145.
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if the application requests information about the desired salary or compensation, you should:
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When the application requests information about desired salary or compensation, it is important to research the market and industry standards to determine a reasonable range for the position.
Employers may use this information to evaluate candidates based on their salary expectations and may potentially eliminate candidates who ask for too much or too little. It is important to be honest about salary expectations, but also flexible and willing to negotiate. Additionally, highlighting the value and skills you bring to the position can help justify a higher salary request. It is also important to consider other benefits such as health insurance, retirement plans, and vacation time when evaluating compensation packages. Overall, it is important to approach salary negotiations with knowledge, flexibility, and a focus on the value you bring to the position.
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What best describes the relationship between short and long-term goals?
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31.4X R. James drew up the following statement of financial position on 31 December 2017. Statement of Financial Position of R. James as at 31 December 2017 $ Non-current assets Furniture and fittings Motor vehicles Current assets Inventory Accounts receivable Cash at bank Less Current liabilities Accounts payable Net current assets Capital 1 January 2017 ⁸0 7,870 When checking the books, the following errors and omissions were found. (i) A purchase of fittings, $140, had been included in the ******ebook converter DEMO Watermarks******* purchases account. (ii) Motor vehicles should have been depreciated by $280. (iii) A debt of $41 included in accounts receivable was Required: (a) show your calculation of the correct net profit (b) draw up a corrected statement of affairs as at 31 December 2017.
Answers
(a) the corrected net profit is: Capital 1 January 2017 + Net current assets - Non-current assets = $7,870 + ($0 - $140) - $7,590 = $140 b) Total capital $8,010
a) To calculate the correct net profit, we need to adjust for the errors and omissions found. Firstly, the purchase of fittings that was included in the purchases account should have been included in the furniture and fittings non-current asset account.
Therefore, we need to deduct $140 from the purchases account and add it to the furniture and fittings account. Secondly, the motor vehicles should have been depreciated by $280, which means we need to reduce the value of the motor vehicles account by $280. Finally, the debt of $41 that was included in accounts receivable was not paid, so we need to deduct it from the accounts receivable account.
So, the adjusted statement of financial position is:
Non-current assets:
Furniture and fittings $140
Motor vehicles $7,590 (original value of $7,870 - $280 depreciation)
Current assets:
Inventory
Accounts receivable $0 (original value of $41 - $41 debt)
Cash at bank
Less Current liabilities:
Accounts payable
Net current assets:
Capital 1 January 2017
Therefore, the corrected net profit is:
Capital 1 January 2017 + Net current assets - Non-current assets = $7,870 + ($0 - $140) - $7,590 = $140
(b) The corrected statement of affairs as at 31 December 2017 is:
Non-current assets:
Furniture and fittings $140
Motor vehicles $7,590
Current assets:
Inventory
Accounts receivable $0
Cash at bank
Less Current liabilities:
Accounts payable
Net current assets: $0
Capital 1 January 2017 $7,870
Add: Corrected net profit $140
Total capital $8,010
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When the Fed purchases $200 worth of government bonds from the public, the U.S. money supply eventually increases by?
a- more than $200.
b- exactly $200.
c- less than $200.
d- None of the above are correct.
Answers
When the Fed purchases $200 worth of government bonds from the public, the U.S. money supply eventually increases by more than $200. Correct option is A.
When the Fed purchases $200 worth of government bonds from the public, it pays for those bonds by crediting the reserve accounts of the banks that sold the bonds. This increase in bank reserves allows banks to make more loans, which ultimately increases the money supply.
The exact amount by which the money supply increases depends on the reserve requirement, which is the percentage of deposits that banks must hold in reserve.
If the reserve requirement is 10%, for example, then the initial increase in reserves of $200 would allow banks to make an additional $1,800 in loans ($200 divided by 10%). If all of these loans are deposited into other banks, those banks would also have an increase in reserves, which would allow them to make more loans.
This process continues, with each round of lending creating more deposits and more reserves until the total increase in the money supply is larger than the initial $200 purchase of government bonds.
Therefore, the correct answer is A - more than $200.
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When the Fed purchases $200 worth of government bonds from the public, the U.S. money supply eventually increases by: a- more than $200. This occurs because of the money multiplier effect, which allows banks to create money through the lending process when they receive additional reserves from the Fed's bond purchase.
Government bonds are debt securities issued by national governments to finance their spending needs. They are considered one of the safest investments since they are backed by the full faith and credit of the government. When an investor purchases a government bond, they are essentially lending money to the government in exchange for regular interest payments and the promise of repayment of the principal at maturity. Government bonds are used to finance a range of government projects and initiatives, such as infrastructure development, social programs, and defense spending. They are also used to manage government debt and can be bought and sold on the open market by individual and institutional investors.
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Which finger should you use to type the space bar?
Index finger
Pinkie finger
Ring finger
Thumb
Answers
Answer:
thumb should be used to press space bar.
Answer:
Thumb
Explanation:
Your thumbs should rest on the space bar in order to type properly. Therefore, you use your thumbs to type a space.
A manager who involves members of the team in decisions is using which management style?
A.
Authoritarian
B.
Hands-off
C.
Participative
D.
Autocratic
Answers
Answer:
c.
Explanation:
Answer:
i think its c) to
Explanation:
Which of the following is a job from the past which no longer exists?
Media buyer
O Typist
Mail deliverer
Lamplighter
Answers
Answer:
Lamp lighter
Explanation:
Very few exist today as most street lighting has long been replaced by electric lamps.
investing by dollar-cost averaging means that you purchase number of shares when the share price is down. and you purchase number of shares when the price is up. therefore, dollar-cost averaging allows you to purchase most of your investment shares at costs.'
Answers
The practise of investing a fixed dollar amount on a regular basis, regardless of share price, is known as dollar cost averaging. It's a good way to develop a disciplined investing habit, become more efficient in your investing, and potentially reduce your stress level.
As well as your costs. Dollar-cost averaging is the practise of investing the same amount of money in a target security at regular investing over a specified time period, regardless of price. Investors can lower their average cost per share and reduce the impact of volatility on their portfolios by using dollar-cost averaging. The technique is named after its ability to reduce the average cost of shares purchased.
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companies use blogs for all of the following reasons except
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Companies use blogs for all of the following reasons except for Option B. conducting job interviews.
This is because job interviews are usually conducted through in-person meetings, video conferencing, or phone calls. A blog is a website that is regularly updated with new content, such as articles, videos, and images. Blogs are typically maintained by individuals or organizations to express their opinions, share knowledge, and promote their products or services. Blogs can be personal, professional, or commercial in nature, depending on the purpose for which they are created.
Companies use blogs for a variety of reasons, including the following:
Communicating Internally with Employees: Blogs are often used by companies to communicate with their employees about important updates, company news, and events.
Recruiting: Blogs are used by companies to attract potential candidates for job vacancies and to share information about the company culture and values.
Researching Target Markets and Products: Blogs are used by companies to research their target markets and products, as they can provide insights into what consumers are looking for and what their preferences are. They can also be used to conduct surveys and collect feedback from readers.
Sharing Knowledge and Expertise: Companies use blogs to share their knowledge and expertise with their target audience, which can help to establish their credibility and authority in their industry. This can lead to increased brand recognition and customer loyalty.
In conclusion, companies use blogs for various reasons, including internal communication, recruiting, researching target markets and products, and sharing knowledge and expertise. However, they do not use blogs for conducting job interviews. Therefore, the correct option is B.
The question was incomplete, Find the full content below:
Companies use blogs for all of the following reasons except
A)communicating internally with employees.
B)conducting job interviews.
C)recruiting.
D)researching target markets and products.
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What is the standard deduction for marry filing joint for tax year 2017?
Answers
Answer: $12700
Explanation:
Standard deduction refers to the portion of income that's not being subjected to tax which can be used in the reduction of the tax bill. It should be noted that the amount of one's standard deduction will be based on the age, filing status, age, as well as some other criteria.
For taxpayers who don’t itemize, it should be noted that the 2017 standard deduction depends on the filing status and this include:
Single = $6,350
Married Filing Jointly = $12,700
Married Filing Separately = $6,350
Head of Household = $9,350
Qualifying Widow(er) = $12,700
Ivan's, incorporated, paid $478 in dividends and $584 in interest this past year. common stock increased by $194 and retained earnings decreased by $120. what is the net income for the year?
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Ivan's, Incorporated had paid $478 in dividends and $584 in interest this past year. The common stock increased by $194, and the retained earnings decreased by $120. We need to find the net income for the year.
The total expenses can be calculated by adding the change in common stock and the change in retained earnings. The change in common stock is an increase of $194, and the change in retained earnings is a decrease of $120. Thus, the total expenses equal $194 + (-$120) = $74.
To find the net income, we subtract the total expenses from the total revenue. The total revenue includes dividends and interest, while the total expenses consist of the change in common stock and the change in retained earnings. By plugging in the given values, we calculate the net income to be $988.
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Bill plans to deposit $200 into a bank account at the end of every month. The bank account has a nominal interest rate of 8 percent and interest is compounded monthly. How much will Bill have in the account at the end of 2½ years (30 months)?
Answers
The amount that should have in the account at the closing of 30 months is $6,617.77.
Given that,
The rate of interest = 8% ÷ 12 = 0.6666%The nper is = 2.5 × 12 = 30The monthly payment or pmt is $200The present value be $0Now the following formula should be used:
=-FV(RATE,NPER,PMT,PV,TYPE)
After applying the above formula, the future value is $6,617.77.
Therefore we can conclude that The amount that should have in the account at the closing of 30 months is $6,617.77.
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Jason keeps a record of his transactions in a notebook. Looking over his records for the past two weeks, Jason finds that his bank statement does not match his notebook, and he actually has less money than he thought he did. These are the relevant entries in Jason’s notebook: Transaction Debit ($) Credit ($) Beginning Balance 578. 65 Rent 275. 60 --- Paycheck --- 363. 20 Charitable donation 20. 00 --- Keyboard 63. 29 --- Refund on purchase --- 21. 19 Groceries 44. 08 --- Microwave 68. 74 --- Ending Balance 491. 33 However, Jason’s bank statement says that his ending balance is $473. 33. Which of the following is a possible explanation for the discrepancy? a. Jason actually made two $20 charitable donations but forgot to write one of them down. B. Jason listed the refund as a credit, but it should be a debit. C. Jason listed the groceries out of habit, but he did not actually purchase them this week. D. Jason transposed the digits on the microwave’s price, which actually cost $86. 74.
Answers
The explanation to the discrepancy arising in Jason's accounts and his bank statement is "Jason transposed the digits on the microwave’s price, which actually cost $86. 74." This can be calculated by reconciling the balance of accounts and bank passbook.
What is reconciliation statement?Reconciliation statement refers to a statement that is prepared to match the accounting balance with the balances in bank passbook. The differences arising due due omission, commission, duplication, or error of principal are given proper effect in the reconciliation to match account with the bank balances.
The answer to the given question can be justified as follows:
Given:
Ending balance as per accounts is $491.33.
Ending balance as per bank statement $473.33
Difference in ending balance is \(\%491.33 - \$473.33 = \$18\)
The only statement that justifies the difference of $18 is that the digits of microwave has been transposed from $86.74 to $68.74.
The difference so arising from this error is $86.74 - $68.74 i.e. $18
Hence the correct statement is D
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when ordering raw materials of steel and aluminium the business is considering changing to jit advise them if its a good idea or not
Answers
The advantages the business gets if they change to JIT are
reduction in inventory costImprovement in qualityIncrease in efficiencyThe Advantages:Decisions on whether or not to implement a Just-In-Time (JIT) inventory system for steel and aluminum raw material depend on many variables such as business size, market demand, lead time and supplier reliability. Here are the potential advantages and disadvantages of JIT inventory in such situations:
JIT helps businesses reduce inventory holding costs as raw materials are only ordered as required, thus freeing up cash flow for other investments and creating greater cashflow opportunities.
Quality Improvement: Just-In-Time production methods provide greater quality assurance as materials can be purchased in smaller batches that can then be thoroughly inspected upon their arrival.
Increased Efficiency: Just-In-Time ordering helps shorten lead times as raw materials are ordered only when necessary for production; leading to greater productivity gains overall.
Disadvantages of Just in Time production (JIT):
JIT requires businesses to become increasingly dependent on suppliers for materials delivery on time or at required quality levels; any supplier failure could create major disruption in operations and create costly supply issues for business operations.
Transportation Costs Increase with JIT Delivery Frequencies: JIT deliveries often necessitate more frequent delivery trips, which increases transportation expenses.
Difficulties Responding to Unexpected Changes: JIT requires accurate forecasts for demand and lead times
Requiring an efficient supply chain: JIT requires close cooperation between businesses and suppliers in the supply chain.
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True or false: Studying business does NOT offerlany benefits for those who decide to work for a government agency or a nonprofit organization
Answers
The following question is : false
The given statement stating that "the study of business would not help in knowing about the advantages of Non-profit organizations or government agencies" would be considered:
b). False
'Non-profit Organizations' are characterized as the 'type of business organizations or set up that does not work with the aim of profit but for social welfare. Similarly, the sole motive of a government agency is also 'social welfare.' However, the workings of both the kinds of organizations(business and NPOs) are similar like the recruitment of staff or volunteers, ensuring productivity, putting the revenue back to the firm for progression of its operations, etc. Both of them have a goal of leaving the maximum impact on the people. Thus, the given statement is false as studying about business would give a very clear idea about the various processes of an organization.Learn more about 'Non-Profit Organization' here:
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