You have a used CD store. At an estate sale, you can purchase 260 compact discs for $400. You believe you could sell the CDs for an average of $2.50 each. What is the net benefit of buying the CDs at the estate sale and selling them in your store? A. $400 B. $250 C. $650 D. $1050
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You have a used CD store. At an estate sale, you can purchase 260 compact discs for $400. You believe you could sell the CDs for an average of $2.50 each. What is the net benefit of buying the CDs at the estate sale and selling them in your store?
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- Asymmetric information and imperfect information tend to distort market price and quantity. The use of a money-back guarantee might work to Group of answer choices Enhance the promise of quality and reduce distortion of the market price and quantity. Motivate buyers to intentionally abuse products so that they can get their money back, reducing the impact of distorted market price and quantity. Encourage buyers to worry about why such a guarantee was necessary, increasing the distortion of market price and quantity. Stabilize the price and quantity of the product.Which of the following could be an example of a purchase money security interest? (Choose all of the incorrect answers.) An engineer who purchases a drafting machine from a scientific-supply company, with payment due to the store in 30 days An attorney who purchases a new conference table from a furniture store with his airline credit card A student who purchases a T-shirt from the bookstore in cash A doctor who writes a check to the medical supply store to purchase a blood pressure machine An architect who purchases a MacBook from the Apple Store, with payment due to the Apple Store in 30 daysWhich of the following loan terms demonstrates that a loan is a qualified mortgage? A) 15-year loan with a balloon payment due at maturity B) 20-year adjustable rate loan that can result in an increase in principal balance C) 30-year loan where the consumer's total monthly debt to total monthly income ratio is 43% D) 40-year loan where the consumer's debt obligations and income using alimony and child support are considered
- Which of the following considerations is prohibited when a mortgage loan ariginator is making a determination of a borrower's ability to repay a loan? A) Current debt obligations, including alimony and child support B) Funds to close C) Marital status D) FICO scoreA mortgage loan in which a large portion of the borrowed principal is repaid at the and of the loan period is known as at A) FHA mortgage. B) balloon mortgage. C) qualified mortgage. D) deferred-payment mortgage.A 75% leased apartment building that you recently acquired in Las Vegas, Nevada had an estimated annual NOI of $180,000. After you complete some needed renovations and improvements, you believe you can increase the occupancy to 95% while achieving higher rents and reduced operating costs, and you believe the renovated building will sell at a lower cap rate. If you can increase the NOI by 50% and reduce the sale cap rate by 25%, you will increase the sale price of the property by: a. 75% b. 25% c. 50% d. 100%
- If all the individual land parcels in a new housing development are sold for $300,000 each, the developer projects total revenue from land sales will be $120 million. If the land lender requires that their $60 million land loan be completely paid off by the time that 75% of the individual land parcels have been sold, what would be the lender’s minimum release price for each parcel? a. $150,000 b. $200,000 c. $250,000 d.$300,000a firm estimates that it can sell Q units of its product with advertising its expenditure of x thousand dollars where Q=Q(x)=-x^2+600x_25 i) over what level of advertising expenditure is the number of units of product sold increasing? ii) over what level of advertising expenditure is the number of units of product sold decreasing?You are working as a Project Manager in a construction company. Due to the impact of COVID-19, inflation and the economic downturn, the cost of the project had increased significantly, including the material and worker cost. The company had requested you to study on the possibility of applying for Variation Order from the client. Determine and explain any possible effect to the company should you fail in getting the Variation Order. You can use scenario to enhance your explanation.
- Note: Enter your answer in dollars, not in millions. Round your answer to the nearest whole dollar amount. I put the 1,220,000 and it said that it was wrong48- The maximum number of sales that can occur in a given period to an individual or businesses that are willing to sell in a given market is known as: a. Product demand b. Market potential c. Market demand d. All the options are correctYou are a new salesperson at a large software manufacturing firm. It is three weeks from the end of the sales quarter and you and your sales manager have both already met your sales quotas for the quarter. In addition, you just closed another deal with a new customer for $100,000 worth of software and customer service. This order would put you way over your sales quota for the current quarter. Your manager suggests that you hold this new order so it gets recorded against next quarter. She explains that because sales during the next three months tend to slow down, salespeople frequently miss their quotas and associated sales bonuses for that quarter. Holding this large order to next quarter would help you get an excellent start and almost guarantee that you meet your quota. What would you do?