the cost of data storage has plummeted recently, making data mining feasible for more firms.

a. True
b. False

Answers

Answer 1

It is true that the cost of data storage has plummeted recently, making data mining feasible for more firms.

What is data storage?

Data storage can be described as the one of the essential part of data management in the organization because management of the data of the firm as well as the data of the client of the organization is very important since any loss as as well as theft of data can be dangerous for the comp[any or the organization.

It should be noted that most of the firm do spend some of their money on the data management especially the telecommunication as well as the IT industries, since the data of their client is very prominent to them as well as their own data.

In conclusion , with the reduction in the cost of the data processing this has encourage so many firms to be able to manage their data very well and ability to handle their data very well.

Read more about data storage at:

https://brainly.com/question/14466798

#SPJ1


Related Questions

if the total book value of the assets of the accounting entity is $4,350,000, and the total liabilities of the accounting entity are $1,235,000, the stockholder's equity in the accounting entity is

Answers

The stockholder's equity in the accounting entity is $3115000.

What is book value?

In accounting, an asset's book value is its value[1] as expressed by the balance in its balance sheet account. Asset values are determined by subtracting any depreciation, amortization, or impairment expenses from the asset's initial cost. The total assets of a corporation, less intangible assets and liabilities, are often considered to be its book value. However, in actuality, the inclusion of goodwill, intangible assets, or both may vary depending on the methodology used to calculate book value. The value of a company's personnel, which makes up a portion of its intellectual capital, is never taken into consideration. The term "tangible book value" is frequently used to specify the statistic when goodwill and intangible assets are specifically omitted.

In the UK, the phrase "net asset value" might apply to book value of a company.

To know more about, book value, visit :

https://brainly.com/question/20436978

#SPJ4

The following information relates to Wildhorse Co. for the year 2022.
Retained earnings, January 1, 2022
Dividends during 2022
Service revenue
Salaries and wages expense
Your answer is incorrect.
$51,840
5,400
Net income/(loss) $
67,500
30,240
After analyzing the data, compute net income.
Advertising expense
Rent expense
Utilities expense
Other comprehensive income (net of tax)
$1,940
11,230
3,350
430

Answers

The net income is given as $20,740.00, the comprehensible income is given as $21,170.00

What is net income?

This is the term that is used to refer to the earnings that would be made from a business minus the cost that was incurred for the business.

How to solve for the net income

The net income is given as the revenue - expenses.

The revenue = $67500

other expenses would be = salary + advert + rent + utility expenses

This is given as

30240.00 +  1,940.00 + 11,230.00 + 3,350.00 = 46,760.00

The net income = $67500 - 46,760.00

= $20,740.00

The comprehensible income is given as  $20,740.00 + 430 = $21,170.00

Read more on net income here:

https://brainly.com/question/15530787

#SPJ1

Consider a four-year project with the following information: Initial fixed asset investment = $575,000; straight-line depreciation to zero over the four-year life; zero salvage value; price = $29; variable costs = $19; fixed costs = $235,000; quantity sold = 76,000 units; tax rate = 21 percent.

a. What is the degree of operating leverage at the given level of output? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

b. What is the degree of operating leverage at the accounting break-even level of output? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers

a. The degree of operating leverage at the given level of output is 1.53.

b. The degree of operating leverage at the accounting break-even level of output is 2.63.

What will the leverage be?

a. The depreciation per year will be:

= Cost / Life time

= $575000 / 4

= $143750

The degree of operating leverage will be:

= 1 + (Fixed cost / Operating cash flow)

= 1 + (235000 / 444937.50)

= 1 + 0.53

= 1.53

b. The degree of operating leverage will be:

= 1 + (Fixed cost / Operating cash flow)

= 1 + (235000 / 143750)

= 1 + 1.63

= 2.63

The above shows the calculation of the degree of operating leverage.

Learn more about leverage on:

brainly.com/question/28174219

#SPJ1

At some schools, the word concentration is used instead of major.

True
False

Answers

The answer is true. Concentration can mean major

how to do this questions?

Answers

The Net Income for 2018 after all income and money used will be $320.40.

Total Sales = $3,060

Receiving goods price =$ 1,800

Total Money used = $600

Earnings before  = $660

Money used  = $126

Earnings before  =$ 534

40% =$ (534  × 40%)

                       =$ 213.60

Net Income for 2018 =  $320.40

What is Net Income?

The amount earned by an individual or business after costs, allowances, and taxes is referred to as net income. Net income is the amount that remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid. Net income is the amount that a person keeps after paying taxes, health insurance premiums, and retirement contributions.

So, The correct option is C.

To know more about Net Income

https://brainly.com/question/28390284

#SPJ9

Select the correct answer.
Stratus Inc. entered into an agreement with an Indian company, with Stratus providing equipment, products and supplies, and training staff. Which
type of global business is this?
A. franchising
B. licensing
C. foreign direct investment
D. exporting

Answers

Answer:

A

Explanation:

it is the only one that makes sense.

pls mark brainliest

Your manager is very concerned about the cost of hiring the three new employees needed for your unit. As a result, she doesn’t want to post the advertisement in a variety of places; she thinks it’s best to just use a “refer a friend” recruitment strategy. When she moves forward with this strategy, ten people turn in résumés. Upon looking further, it appears all applicants went to the same private religious college and graduated around the same time. You are concerned that this method of recruitment lacks diversity.
1. How would you handle this matter with your manager?

Answers

By using a “refer a friend” recruitment strategy, the recruitment lacks diversity, so I would suggest my manager to try both the ways - external recruitment and employee referrals.

The manager can place the recruitment application on job search websites which offers free of cost services to hire people. He can use social media of the organization and can advertise about the open positions. Open positions can also be posted on the company's website.

External recruitment helps in adding perspectives, enhancing diversity and finding a specialized candidate.

Employee referrals recruitment lacks diversity, may develop an "us versus them" mentality and the strongest candidate may not be selected.

Both the methods have their own pros and cons, so they should be used judicially while recruitment.

To know more about recruitment here

https://brainly.com/question/28225955

#SPJ1

Melissa has been an assistant at Star Equity Bank for more than 14 years. She earns a good salary and has made friends at work, but she has been passed over for promotion twice and feels that no one appreciates her abilities and skills. Melissa is concerned with satisfying her

Answers

Since Melissa has been an assistant at Star Equity Bank for more than 14 years. Melissa is concerned with satisfying her self-actualization.

What does Maslow mean by self-actualization?

In his "Hierarchy of Needs" theory of human motivation, Maslow made reference to self-actualization, the highest level or stage. The highest-order motivations, according to the hierarchy of needs, are those that push us to reach our "ideal self" and accomplish our full potential.

Therefore, Self-actualization refers to achieving one's full potential. Since most individuals are working to meet more urgent wants, it sits at the top of Maslow's hierarchy of needs and is regarded as the exception rather than the rule.

Learn more about self-actualization from

https://brainly.com/question/28460468
#SPJ1

A District Assembly is considering establishing a wood processing plant under the One- District-One-Factory programme. The initial cost estimation for the plant is GH¢ 500,000. The District has secured funds at an annual interest rate of 30%. The expected annual free cash flows from the plant are as follows:
1.
a) Calculate the payback period for this project.
b) What does this figure in (a) mean?
c) Explain the term Net Present Value
d) What is the NPV of the above project? Interpret your result.

Answers

Answer:d

Explanation:


Esteban is the operations manager of a clock manufacturing company. He develops a few quality check procedures that would help the workers identify incorrect
placing of clock faces. After discussing with his team, he decides to incorporate these procedures in the work flow. In this scenario, Esteban follows the total quality
management (TQM) approach by using_?

Answers

Esteban employs the total quality management (TQM) approach in this scenario by utilizing poka-yokes.

What exactly is total quality management (TQM)?

Total quality management (TQM) is the continuous process of detecting and reducing or eliminating manufacturing errors, streamlining supply chain management, improving the customer experience, and ensuring that employees are properly trained.

Total quality management seeks to hold all parties involved in the manufacturing process accountable for the overall quality of the final product or service.

What is the Purpose of Total Quality Management?

TQM oversees all activities and tasks required to maintain a desired level of excellence within a business and its operations. This includes establishing a quality policy, developing and implementing quality planning and assurance, as well as quality control and quality improvement measures.

Learn more about total quality management (TQM) with the help of the given link:

brainly.com/question/15190626

#SPJ13

markets in which funds are transferred from those who have excess funds available to those who have a shortage of available funds are called

Answers

Answer:

Financial Markets

Explanation:

Markets in which funds are transferred from those who have excess funds available to those who have a shortage of available funds are called Financial Markets.

What is a market?

"The market can be defined as a place where goods or commodities, as well as services, are being exchanged. The market is a platform where buyers can buy particular products. And the merchandiser can easily sell their product or render their services."

As they are funds that have been needed because of the shortest that has occurred. It would have the financial market supplier more funds if there is a shortage it would maintain a market equilibrium and the economic position will also be stable in that condition. a financial market is always fluctuating depending on the demand and the need.

Learn more about market, here:

https://brainly.com/question/17284274

#SPJ12


Josh Alcazar, CFO of 888 Corp is analyzing two investments Investment A and Investment B. Fast
year, the investment & had a market value of $130,000, and Investment 8 of $180,000. During the
year investment A generated actual income of $6,000 and Investment 8 of $8,500. Today, the actuall
market values for the investments are, respectively, for A, $130,000 and for B, $182,000.
A. Calculate the expected rate of return on investments A and B for the year. (6 pts.)

Answers

The rate of return on Investment A is 4.6153% and the rate of return on Investment B is 5.8333%.

How to calculate the rate of return?

Today actual market value of Investment A 130,000

Today actual market value of Investment B 182,000

Formula to calculate the expected rate of return on investment is:

Rate of Return in % = [((Current Value - Initial Value) + Actual return) / Initial Value] × 100

Rate of Return Investment A =

[((130,000-130,000)+6,000)/130,000]×100

= 4.6153%

Rate of Return Investment B =

Rate of Return in % = [((Current Value - Initial Value) + Actual return) / Initial Value] × 100

[(182,000-180,000)+8500)/180,000]×100

= 5.8333%

Return on Investment B is 5.8333%.

Learn more about rate of return on:

https://brainly.com/question/24301559

#SPJ1

What is a reason to pay more than the minimum payment due on your
credit statement each month?
Your credit utilization rate stays the same.
It takes more time to pay off a balance.
You save money on interest.
It hurts your creditworthiness.

Answers

Your credit utilization rate stays the same  is a reason to pay more than the minimum payment due on your credit statement each month. The use of your credit card throughout a billing period is summarized in your credit card statement.

A credit card provider, such as Discover or American Express, will credit money to your account as a statement credit. Although it is taken out of your card balance, it won't contribute to your minimum payment. By login into your online credit card account and going to the statement information, you can access your credit card statement at any time.

To learn more about payment, click here.

https://brainly.com/question/15136793

#SPJ1

Given the following hypotheses:

H0: μ = 470
H1: μ ≠ 470

A random sample of 13 observations is selected from a normal population. The sample mean was 475 and the sample standard deviation 9. Using the 0.05 significance level:


a. State the decision rule. (Negative amount should be indicated by a minus sign. Round your answers to 3 decimal places.)


b. Compute the value of the test statistic. (Round your answer to 3 decimal places.)

Answers

The decision rule that has been established in the question is reject H0 if t < - 2.179 or t  > 2.179

The test statistic is 2.0058

Decision rule

Given a level of significance of 0.05

degree of freedom = 13 - 1 = 12

the t critical value is ±2.179

if

t < 2.179: fail to reject the null hypothesis.

t > 2.821: Reject the null hypothesis.

How to solve for the test statistic

We have to solve for the test statistic using the values that we have here

we have the following values

sample mean = 475

the standard deviation = 9

mu = 470

The formula for the test statistic is

[tex]t = \frac{x-u}{s/\sqrt{n} }[/tex]

475 - 470 / 9 / √13

= 5 / 2.493

= 2.0056

In summary,

The degree of freedom df = 13 -1 = 12

t 0.025, 12. This test is a two tailed test

= ±2.179

a. The decision rule would be reject the null hypothesis if t < - 2.179 or t  > 2.179

b. The value of the test statistic is given as 2.006

The test statistic that we have here c an be seen to fall between the two critical regions that we have in the question. The decision that we have to take would be for us to fail to reject the null hypothesis.

Read more on statistics here:

https://brainly.com/question/15980493

#SPJ1

what is the best approach to handling the expectation of privacy by employees in the event an investigation needs to be carried out on company-owned digital assets?

Answers

The ideal method for managing personnel in the event of an inquiry is to have a clearly stated, published policy that specifies that an employer has the right to check, inspect, or access company-owned assets.

The best way to handle employees' expectations of privacy in the event that a digital asset held by the company needs to be inspect investigated is to have a well-defined, published policy that makes it clear that an employer has the right to look at, inspect, or access company-owned assets.

policies for publishing These guidelines help us fulfill our core responsibility as a preeminent research publisher, which inspect is to provide authors the peace of mind that we will do everything in our power to make published policy their work as discoverable, accessible, comprehensible, useable, reusable, and shared as possible.

Learn more about published policy here

https://brainly.com/question/14663645

#SPJ4

The complete question is

What is the best approach to handling the expectation of privacy by employees in the event an investigation needs to be carried out on company-owned digital assets?

A. A well-defined published policy that clearly states that an employer has the right to examine, inspect or access company-owned assets.

B. No approach or planning is necessary – there is no right to privacy in the corporate environment.

C. If an investigation needs to be carried out, simply have the employee sign a waiver form before it begins.

D. Every employee has the right to privacy in the corporate environment, so no policies can be forced upon them.

a firm's strategic profile based on value creation and cost is called its ______.

Answers

A firm's strategic profile based on value creation and cost is called its strategic control. Value drivers fall into three categories: growth drivers, efficiency drivers, and financial drivers. As seen in Figure 1, businesses often manage these value drivers in four different ways.

The exact tasks that will have the biggest impact on performance in each area can be given top priority by management by focusing on value drivers. Business-level strategies look at how companies contend in a certain sector. The executives of companies decide whether to base their competitive advantage on pricing or differentiation, and whether to focus their activities on a wide or the confined market. These decisions determine the firms' resulting strategy.

To learn more about strategic, click here.

https://brainly.com/question/16699515

#SPJ1

What basic function requires a manager to hire employees and coordinate the work of subordinates

Answers

The basic function that requires a manager to hire employees and coordinate the work of subordinates is referred to as the organizing function

This is further explained below.

What is an organizing function?

Generally, Delegating power to subordinates and setting up channels of communication are both components of the organizational function of the management process.

In conclusion, The duty of organizing encompasses other activities as well, such as the creation of departments and the coordination of the work of subordinates.

Read more about organizing function

https://brainly.com/question/3608737

#SPJ1

the rational model of decision making is considered ______ in that it describes how managers should make decisions rather than how they actually make them.

Answers

Since the rational model of decision-making prescribes how managers should make decisions rather than how they really do, it is regarded as prescriptive.

Since the Instead of offering advice or summarizing what is done, a prescriptive approach entails telling individuals what they should do. rational model of decision-making outlines how rational model managers should make decisions rather than how they actually do, prescriptive it is seen as normative.

Instead than focusing on how managers actually make prescriptive decisions, a normative decision-making approach defines how they should make decisions and offers guidelines for achieving the best possible outcome for the organization.

A descriptive approach, however, focuses on how managers prescriptive actually make decisions as opposed to how they rational model should make decisions in accordance with a theoretical ideal.

Learn more about prescriptive  here

https://brainly.com/question/9537464

#SPJ4


8. A manager is trying to decide whether to purchase a certain part or to have it produced internally.
Internal production could use either of two processes. One would entail a variable cost of $17 per
unit and an annual fixed cost of $200,000; the other would entail a variable cost of $14 per unit
and an annual fixed cost of $240,000. Three vendors are willing to provide the part. Vendor A has
a price of $20 per unit for any volume up to 30,000 units. Vendor B has a price of $22 per unit for
Chapter Five Strategic Capacity Planning for Products and Services
demand of 1,000 units or less, and $18 per unit for larger quantities. Vendor C offers a price of
$21 per unit for the first 1,000 units, and $19 per unit for additional units.
a. If the manager anticipates an annual volume of 10,000 units, which alternative would be best
from a cost standpoint? For 20,000 units, which alternative would be best?
b. Determine the range for which each alternative is best. Are there any alternatives that are never
best? Which?
217

Answers

Vendor B exists still the lowest so they exists the best from an overall cost standpoint. The best alternative is going to be vendor B because it is the lowest in both calculations.

How to find the cost standpoint?

The best alternative is going to be vendor B because it is the lowest in both calculations.

First of all, we would calculate 10,000 Units

The Total cost here = Fixed cost + Variable cost

Total Cost for Int1:

200,000 + 17 × 10000 = 200,000 + 170,000 = 370000

Total Cost for Int 1:

240,000 + 14 × 10000 = 240000 + 140000 = 380000

Total Cost for Vendor A:

20 × 10000 = 200000

Total Cost for Vendor B:

18 × 10000 = 180,000

Total Cost for Vendor C:

21 × 1000 + 19 × 9000 = 192000

We can see that Vendor B is the lowest. It is best from an overall cost standpoint

Secondly, we have to calculate for 20000 units

The Total cost = Fixed cost + Variable cost

Total cost for Int1:

200,000 + 17 × 20000 = 200,000 + 340,000 = 540000

Total cost for Int 1:

240,000 + 14 × 20000 = 240000 + 280000 = 520000

Total Cost for Vendor A:

20 × 20000 = 400000

Total Cost for Vendor B:

18 × 20000 = 360,000

Total cost for Vendor C:

21 × 1000+19 × 19000=382000

Vendor B exists still the lowest so they exists the best from an overall cost standpoint.

The complete question is:

A manager is trying to decide whether to purchase a certain part or to have it produced internally. Internal production could use either of two processes. One would entail a variable cost of $17 per unit and an annual fixed cost of $200,000; the other would entail a variable cost of $14 per unit and an annual fixed cost of $240,000. Three vendors are willing to provide the part. Vendor A has a price of $20 per unit for any volume up to its maximum capacity of 30,000 units. Vendor B has a price of $22 per unit for demand less than 1,000 units and $18 per unit for larger quantities. Vendor C offers a price of $21 per unit for the first 1,000 units and $19 per unit for additional units.

a. If the manager anticipates an annual volume of 10,000 units, which alternative would be best from a cost standpoint? For 20,000 units, which alternative would be best? (Omit the "$" sign in your response.)

To learn more about total cost refer to:

https://brainly.com/question/25109150

#SPJ13

May 3. Received cash from clients as an advance payment for services to be provided and recorded it as unearned fees, $4,500.

Answers

Cash 4,500
Unearned revenue 4,500

it is important for a sales person to understand the specific wants and needs of prospective customers and then be able to create and communicate value to them. this is known as a

Answers

Customer strategy,  Customer strategy, according to Merkle, is "a data-driven approach to maximizing the financial value of customers, by combining a profound understanding of customer needs

What is customer strategy ?

Customer strategy, according to Merkle, is "a data-driven approach to maximizing the financial value of customers, by combining a profound understanding of customer needs, behaviors, and value with the ability to engage specific customers in the best possible way at various touchpoints across the entire relationship with those customers."

The articulation of the unique value and experience your business will provide to a predetermined group of customers over the course of three to five years, along with the offerings, channels, operating model, and competencies you will need to achieve it, is what we mean by customer strategy.

To learn more about customer strategy refer to:

https://brainly.com/question/24803497

#SPJ4

A hotel is only as good as its management team. Discuss the pros and cons of having a small management team consisting of just three people. Would you like to work in a hotel with such a small management team?

Answers

It is to be noted that the size of a management team does not matter as much as the quality of the management team.

What makes a good management team?

The following factors help make a good management team:

communication skills, active listeners, goal setting, creating a positive culture, and oftentimes project planning.

A great management team is frequently driven, single-minded, and tough but fair. They understand how to turn the founders' vision and mission into a reality.

They develop and implement strategic and tactical business plans, make difficult decisions, and understand the realities of having to balance customer expectations with commercial reality.

Learn more about Management Teams:
https://brainly.com/question/14069240
#SPJ1


Gabriela and Johnny are shopping for economics textbook. Gabriela is prepared to pay $120, while Johnny is prepared to pay $45. If the price of the economics textbook is
$55, how much total consumer surplus is generated in this market?

Answers

The total consumer surplus generated in the market is $75.

What is the consumer surplus?

Consumer surplus is the difference between the amount a consumer is willing to pay for a good or service and the price of the good.  There is a negative relationship between consumer surplus and the price of a good or service. A the price of the good increases, consumer surplus decreases. If the price of the good deceases, consumer surplus would increases.

When price increases, the consumer surplus decreases and when price decreases, the consumer surplus increases. A consumer would only purchase a good if the price she is willing to pay for the good is higher or equal to the price of the good. Using this analogy, Johnny would not purchase the economics textbook because he would consider it to be too expensive. Only Gabriela would purchase the textbook.

Consumer surplus = willingness to pay – price of the good

Consumer surplus for Gabriela = $120 - $45 = $75

To learn more about consumer surplus, please check: https://brainly.com/question/15415230

#SPJ1

Answer: The Consumer surplus is $75

a company sold 20,000 units of its product for $20 each. variable cost per unit is $11. fixed expenses total $150,000. the company's contribution margin is ______.

Answers

A company sold 20,000 units of its product for $20 each. variable cost per unit is $11. fixed expenses total $150,000. the company's contribution margin is $180,000

   The contribution margin can be stated on a gross or per-unit basis. It represents the incremental money generated for each product/unit sold after deducting the variable portion of the firm's costs. The difference between a product's sale price and the variable costs related to its manufacture and sale is calculated as the contribution margin. The following formula is used to express this:

C= R-V

Contribution margin = 20,000 x ($20-$11)

                                   = $180,000

To learn more about contribution margin click here:

https://brainly.com/question/15186113

#SPJ4

If my account was disabled on July 22, 2022 and I was told to wait 90 days before it can be restored. Which month and what day will that be??​

Answers

Answer: October 20, 2022

Explanation:

Your starting date is July 22, 2022 so that means that 90 days later would be October 20, 2022.

If my account was disabled on July 22, 2022 and I was told to wait 90 days before it can be restored. Which month and what day will that be??​

October 20, 2022

The North American Free Trade Agreement (NAFTA) is a trade agreement between the United States, Canada, and Mexico that took effect in 1994. It eliminated many tariffs and restrictions to allow free trade among these countries.

Discuss the positive and negative effects of the North American Free Trade Agreement on the United States. Support your conclusions with examples and evidence from the lesson.

Answers

The positive effects that Nafta had was that it

increased trade It brought better prices for goodsIncreased foreign investmentLed to raised output in the nations

The negative effects of NAFTA were:

Mexico lost in the forms of farm jobsNations had to export the farm products below their exported costs

What is NAFTA?

This is the term that is used to refer to the North American free trade agreement that helped to establish free trade in the region between the member nations.

This helped in the removal of tariffs from all that had to do with trade in the North American region.

The positives were that it helped to bring about more economic opportunities for the members involved. They could trade more and better with themselves.

The negatives is from the fact that the exports that were made in some cases were a loss to the people that would export these products in the market at the time.

Read more on NAFTA here:

https://brainly.com/question/27372794

#SPJ1

Which of the following should be considered last when searching for financing? Question 6 options: Family members Banks Commercial finance companies Credit cards

Answers

Answer:

Credit cards

Explanation:

in 2014, the action movie john wick made about $14.5 million in its opening weekend. in 2017, john wick: chapter 2 made about $30.5 million in its opening weekend. the consumer price index in 2014 was 236.7. if the consumer price index in 2017 was 245.1, how much did the first john wick movie make in 2017 dollars?

Answers

The first John Wick movie made $15 million in 2017 dollars.

Consumer Price Index: The consumer price index (CPI) tracks variations in the average price of products and services that a reference population buys, uses, or pays for consumption over time.

Consumer price index is a broad index that estimates price changes in a basket of products and services that is representative of consumer spending in an economy. The CPI estimating process involves some very precise calculations.

What does the CPI for 2022 look like?

The Consumer Price Index for All Urban Consumers grew 9.1% in the year that ended in June 2022.

If the CPI increases, it indicates that the average rate of change in price over time has increased. Over time, this results in modifications to the cost of living and income (presumably so that income is adjusted to meet a higher cost of living). Indexation is the name given to this procedure.

To learn more about Consumer Price Index, visit the following link:

https://brainly.com/question/8416975

#SPJ4

the listing price of a property is established by: select one: a. the multiple listing service b. the owner c. the appraiser d. the listing salesperson and his broker

Answers

A property's listing price is determined by the listing salesperson and his broker.

What is the listing price of a property?

In the real estate business, the list price is the proposed gross sale price of real estate property when it is placed on the market.

Breaking Down List Price

A listing agreement is a legally binding agreement between the property owner and the real estate broker. The sort of listing agreement dictates the nature of the connection between the two and what the real estate broker is expected to do. The listing agreement will also specify how the property will be promoted as well as the pay for the real estate broker. The list price is one of the problems addressed in the listing contract.

In some cases, a comparative market analysis may be the most effective approach for calculating a competitive list price. This sort of study is typically performed by real estate agents while researching the prices of comparable houses sold in the area. Because no two homes are precisely comparable, agents will make appropriate changes to account for variances among houses sold in a certain region in order to arrive at a reasonable list price.

To know more about the listing price of a property, click

https://brainly.com/question/28076625

#SPJ4

You are considering two savings options. Both options offer a rate of return of 8.3 percent. The first option is to save $1,500, $1,250, and $6,400 at the end of each year for the next three years, respectively. The other option is to save one lump sum amount today. You want to have the same balance in your savings account at the end of the three years, regardless of the savings method you select. If you select the lump sum method, how much do you need to save today?

Answers

If you select the lump sum method, the amount you need to save today is $7,409.20.

How much should you save today?

In order to determine the amount you need to save today in order to have the same value in the future as the 3-year annuity, the present value of the annuity has to be determined.

The present value of the cash flows can be determined by discounting each of the cash flows at the rate of return and adding the discounted cash flows together.

Present value = 1500 / (1.083) + $1250 / (1.083²) + $6400 / (1.083³) =

1385.04 + 1065.74 + 5,038.42 = $7,409.20

To learn more about present value, please check: https://brainly.com/question/26537392

#SPJ1

Other Questions
This is following statement, true or false Lne segment AC and BD are parallel, what are the new endpoints of the line segments AC and BD if the parallel lines are reflected across the y-axis? Solve the quadratic equation by completing the square.x^2+18x+75=0First choose the appropriate form and fill in the blanks with the with the correct numbers. Then solve the equation. If there is more than one solution, separate them with commas. Solve the equation 12 + x = 16 for x. Which of the following would be a good name for the function that takes the length of a race and returns the time needed to complete it? Which of the following is a graph of a functionPlease help as soon as possible!!!!!! Who is likely to have greater knowledge of the rules of social interaction, practices, and behaviors that are influencing a particular interaction?. What was the Supreme Court's decision in United States v. Schooner Amistad? the consumption function in the solow model assumes that society saves a: constant proportion of income. smaller proportion of income as it becomes richer. larger proportion of income as it becomes richer. larger proportion of income when the interest rate is higher. Lee Ann is planning a bridal shower for her best friend. At the party, she wants to serve 3 beverages, five appetizers, and three desserts, but she doesn't not have time to cook. She can choose from 9 bottle drinks, 9 Frozen appetizers, and 12 prepared desserts at the supermarket. How many different ways can lie and pick up the food and drinks to serve at the bridal shower? 1) the index number representing the price level changes from 110 to 115 in one year, and then from 115 to 120 the next year. since the index number increases by five each year, is five the inflation rate each year? is the inflation rate the same each year? explain your answer. there are many methods of discovery, and state laws often provide for broad discovery (such as encouraging the sharing of information among parties to a lawsuit). why do you think discovery is encouraged? At a local market, 3 apples and 2 pears cost $2.70. Three apples cost the same as 4 pears. Type a system of equations to find the cost for one apple and the cost for one pear. Choose the correct equation in point slope form for the line through the given points or through the given point with the given slope Rierda Elwynn Garvey takes home $1250 each month. In addition to other expenses, she also makepayments to her debt of $230 per month. What is her Debt Payments to Income Ratio? many people are now using the web not simply to download content, but to build communities and upload and share content they have created. this trend has been given the name Find the value of z that makes quadrilateral EFGH a parallelogram.2zz+10FEHGz=Submit Determine the midpoint of segment Ed coordinates e and d are 2 and -2 A cylinder of gas at room temperature has a pressure . To p_{1} what temperature in degrees Celsius would the temperature have to be increased for the pressure to be 1.5p_{1} , The website leftyslefthand. Com markets products to left-handed consumers only. Which targeting strategy does this represent?.