Answers
Run a market analysis. If there is a chance to develop your concept into a profitable firm, market research will inform you.
Prepare a business strategy.Decide on a corporate structure.Register your company.Obtain tax identification numbers from the federal and state governments.How to build a business?Generally, Begin with a Strong Concept for Your Business. If you're interested in starting a company, you may be surprised to learn how simple the process really is.
Carry out Research Regarding the Business Idea That You Have.
Create a Business Plan. Ensure the Legality of Your New Enterprise. Become Familiar with Your Financial Situation. Ensure the Safety of Your Company. Construct Your Enterprise.
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Related Questions
Savings plans A and B have both durations of 5 calendar years.
Savings plan A pays 5.7% annual interest, paid at the end of each year.
Savings plan B pays 5.4% annual interest, paid on monthly basis (12 times a year).
Which savings plan is preferred?
Answers
Based solely on the interest earned, Savings Plan A would be preferred over Savings Plan B.
To determine which savings plan is preferred, we can compare the total interest earned under each plan over the 5-year duration.
For Savings Plan A, the annual interest rate is 5.7%, and the interest is paid at the end of each year. Therefore, the total interest earned can be calculated using the simple interest formula: Principal x Rate x Time. Assuming a principal of $1,000, the total interest earned would be $1,000 x 0.057 x 5 = $285.
For Savings Plan B, the annual interest rate is 5.4%, and the interest is paid on a monthly basis (12 times a year). This means that the interest is compounded monthly.
Using the compound interest formula: A = P(1 + r/n)^(nt), where A is the final amount, P is the principal, r is the annual interest rate, n is the number of compounding periods per year, and t is the time in years, we can calculate the total interest earned. Assuming a principal of $1,000, the total interest earned would be $1,000 x [(1 + 0.054/12)^(12x5)] - $1,000 = $279.67.
Comparing the total interest earned, we can see that Savings Plan A yields a higher interest amount ($285) compared to Savings Plan B ($279.67).
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What categories of resources are managed by business?
Answers
Answer:
Physical resources, such as raw material, buildings, vehicles, transportation, storage facility, machines and factory.
Explanation:
Identify the environmental factor that is a characteristic of an an attractive environment.
Answers
the answer was already on brainly btw!
There are five environmental factor for an attractive environment.
Few CompetitorsLow threatFew substitutesMany suppliersMany customers.Types of Environmental FactorsInternal environmental factors: In the internal business environment there are elements within an organization that influence the approach and success of commercial operations.External environmental factors: The external environment comprises a range of factors outside a commercial enterprise over which we do not have much control.For more information about environmental factors click on https://brainly.com/question/13310446
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A retail store does not segregate sales and the amount of sales tax on sales. If the sales tax rate is 4% and the register total amounted to $295100, what is the amount of the sales taxes owed to the taxing agency?
Answers
295,100/0.04 is 11,804
$10,850 is the amount of the sales taxes owed to the taxing agency. Option (a) is correct.
What do you mean by Tax?Taxes are compulsory payments made by a government organization, whether local, regional, or federal, to people or businesses. Tax revenues are used to fund a variety of government initiatives, such as Social Security and Medicare as well as public infrastructure and services like roads and schools.
Amount given in the question of $282,100 included 4% sales tax on sales.
If the total sales is $100, then sales tax on sale will be $4 (100*4%) and total amount will be equal to $104 ($100 sales+$4 sales tax on sale).
So from the above explanation, sales tax is segregated from total amount which is shown as follows:-
Sales Tax on Sales = (Total Amount/104)*4
= ($282,100/104)*4 = $10,850
Sales = Total amount - Sales tax
= $282,100 - $10,850 = $271,250
Therefore, Option (a) is correct, The amount of the sales taxes owed to the taxing agency is $10,850.
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Your question is incomplete, your question will be;
A retail store does not segregate sales from the amount of sales tax on sales. If the sales tax rate is 4% and the register total amounted to $282100, what is the amount of the sales taxes owed to the taxing agency?
(a) $10850
(b) $282100
(c) $271250
(d) $11284
The Pioneer Company has provided the following account balances: Cash $39,400; Short-term investments $5,400; Accounts receivable $7,400; Supplies $55,000; Long-term notes receivable $3,400; Equipment $103,000; Factory Building $194,000; Intangible assets $7,400; Accounts payable $28,600; Accrued liabilities payable $3,300; Short-term notes payable $16,800; Long-term notes payable $99,000; Common stock $194,000; Retained earnings $73,300. What is Pioneer's current ratio
Answers
Answer:
2.20
Explanation:
Calculation for What is Pioneer's current ratio
First step is to calculate current assets
Current assets = $39,400 + $5,400 + $7,400 + $55,000
Current assets = $107,200
Second step is to calculate Current liabilities
Current liabilities =
=$28,600 + $3,300 + $16,800.
Current liabilities =$48,700
Now let calculate Current ratio
Using this formula
Current ratio=Current assets/Current Liabilities
Let plug in the formula
Current ratio = $107,200 ÷ $48,700.
Current ratio=2.20
Therefore Pioneer's current ratio will be 2.20
By comparing prices at different stores, consumers will:
Answers
By comparing prices at different stores, consumers will save money and make informed purchasing decisions.
How can comparing prices at different stores benefit consumers?Comparing prices at different stores allows consumers to make informed purchasing decisions and save money. By taking the time to research and compare prices, consumers can identify the best deals and discounts available for the products they intend to buy.
This practice helps them ensure that they are getting the most value for their money. It can also help consumers uncover any price discrepancies or inflated prices allowing them to avoid overpaying for goods and services.
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In any industry, ethical behavior is the responsibility of ______.
Answers
Answer:
In any industry, ethical behavior is the responsibility of each employee
Answer:
each employee
Hope this helps
if you guess the number im thinking of illl give you 100 points
Answers
Answer:
49 is my guess!!!!!!!!
Balance Sheet
The assets of Dallas & Associates consist entirely of current assets and net plant and equipment. The firm has total assets of $2.9 million and net plant and equipment equals $2.6 million. It has notes payable of $145,000, long-term debt of $750,000, and total common equity of $1.55 million. The firm does have accounts payable and accruals on its balance sheet. The firm only finances with debt and common equity, so it has no preferred stock on its balance sheet. Write out your answers completely. For example, 25 million should be entered as 25,000,000.
a. What is the company's total debt?
b. What is the amount of total liabilities and equity that appears on the firm's balance sheet?
c. What is the balance of current assets on the firm's balance sheet?
d. What is the balance of current liabilities on the firm's balance sheet?
e. What is the amount of accounts payable and accruals on its balance sheet?
f. What is the firm's net operating working capital?
g. What is the firm's net working capital?
h. What is the monetary difference between your answers to part fand g?
What does this difference indicate?
Answers
Solution :
a). Total debt = notes payable + long term debt
= 145,000 + 750,000
= $ 895,000
b). Total liabilities and equity = total assets
= 2,900,000
c). Current assets = total assets - net plant and equipment
= 2,900,000 - 2,600,000
=$ 300,000
d). Total current liabilities = total liabilities and equity - total common equity - long term debt
= 2,900,000 - 1,550,000 - 750,000
= $ 600,000
e). Accounts payable and accruals = total current liabilities - notes payable
= 600,000 - 145,000
= 455,000
f). Net working capital = current asset - current liabilities
= 300,000 - 600,000
= - $300,000
g). Net operating working capital = current assets - accounts payable and accruals
= 300,000 - 455,000
= - $ 155,000
h). The difference between f) and g). represents the balance of notes payable.
fill in the blank. ___ is the process by which representatives of a union meet with representatives of management to negotiate a contract for workers. group of answer choices mediation collective bargaining mutual conciliation arbitration
Answers
Collective bargaining is the process in which working people, through their unions, negotiate contracts with their employers to determine their terms of employment, including pay.
Collective bargaining benefits, hours, leave, job health and safety policies, ways to balance work and family, and more.Collective negotiation is classified into five types: composite negotiating, concessionary bargaining, distributive bargaining, integrative bargaining, and productivity bargaining. Convertible preferred rates are greater than non-convertible preferred yields. A non-convertible preferred shareholder receives a set rate of return with no opportunity for expansion. Important Takeaways. Convertible preferred stock can be converted into common stock at a predetermined conversion ratio. When the market price of the company's common stock increases above the conversion price, preferred stockholders may find it desirable to convert and earn an instant profit. Distributive negotiation, integrative negotiation, team negotiation, and multiparty negotiation are some of the most popular.
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Flexibility/Flexiblization a. Describes the ability of contemporary corporations to respond to market changes quickly by bribing the president b. Describes the ability of contemporary corporations to respond to market changes quickly by bribing union bosses c. Describes the ability of contemporary corporations to respond to market changes quickly by using subcontractors instead of hiring more regular employees. d. Describes the ability of contemporary corporations to respond to market changes quickly by hiring more regular employees instead of using subcontractors
Answers
Flexibilization/Flexibility describes
" The ability of contemporary corporations to respond to market changes quickly by using subcontractors instead of regular employees". (C)
Some firms would rather hire flexible subcontractors instead of regular or internal employees, this helps them cut cost, they can also increase or decrease their workforce easily.
Flexibilization may undermine labor rights because these subcontractors don't have the same right as regular employees and job security is not assured.
Hence, Flexibilization basically means outsourcing jobs to sub contractors as a result of market changes rather than hire regular employees.
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The table below shows Lanark's production possibilities.
A B C D E F
Wheat 0 180 315 405 450 468
Cars 190 181 163 127 73 0
a. If Lanark is producing 145 cars, it can produce approximately
wheat.
b. If Lanark is currently producing combination C, the cost of 90 more wheat is
(Click to select)
.
c. If Lanark is currently producing combination D, the approximate per unit cost of an additional car is
(Click to select)
. If necessary, round your answers to 1 decimal place. Remember to round 0.05 up to 0.10.
Answers
If Lanark is currently generating 145 buses, it can generate about 180 units of wheat. .
b. The cost of 90 further wheat is 90.
c. The approximate per unit cost of an fresh auto is 54.
To determine the approximate quantum of wheat Lanark can produce if it's presently producing 145 buses , we need to find the matching value in the" Wheat" column. Grounded on the given table, we can see that the values in the" buses" column drop from left to right. thus, we need to find the combination where the number of buses is closest to 145, which is combination B. In combination B, Lanark can produce roughly 180 units of wheat.
We can find the cost of 90 further wheat by comparing the wheat values between combinations C and D, If Lanark is presently producing combination C. The wheat value in combination C is 315, and the wheat value in combination D is 405.
The difference between these two values represents the fresh wheat produced when moving from combination C to combination D. In this case, the difference is 405- 315 = 90. thus, the cost of 90 further wheat is the difference between the wheat values in combination C and D, which is 90.
we can determine the approximate per unit cost of an fresh auto by comparing the auto values between combinations D and E, If Lanark is presently producing combination D. The auto value in combination D is 127, and the auto value in combination E is 73.
The difference between these two values represents the drop in auto product when moving from combination D to combination E. In this case, the difference is 127- 73 = 54.
thus, the approximate per unit cost of an fresh auto is the difference between the auto values in combination D and E, divided by the drop in auto product, which is 54/ 1 = 54.
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the two mean sets of accounting standards followed by business are Gaapand IFRS. breifly explain how the balance sheet is formatted under each set??
Answers
Answer:GAAP arranged balance sheet in their order of liquidity. From current asset to non current asset then to current liabilities to non current liabilities and finally to owners Equity. Under IFRS they start with non current asset, then to current asset, then to owners Equity and from owners Equity to non current asset and finally to current liabilities.
Explanation:
A balance sheet is a classified list of the debit and credit balances remaining on the books after the preparation of the trading profit and loss account. The purpose of a balance sheet is to present a true and fair view of the financial position of the business at a given date. Under the GAAP, balance sheet are arranged in their order of liquidity. In other words asset are arranged in the reverse order of their realisability or in their ease of conversion into cash. Under GAAP, current asset comes first followed by non current asset, then followed by current liabilities, then by non current liabilities, and lastly by owners Equity.
Under IFRS, the order accepted by them is that balance sheet should be arranged in reverse order to that of GAAP. They start with non current asset, followed by current asset, then followed by owners equity, then followed by non current liabilities and lastly by current liabilities.
PLZ PLZ HELP HELP HELP YALL ITS IMPORTANT ASAP
Answers
Answer:
1144.95$
Explanation:
375.40 was given every week so multiply by 3 and I got 1126.20.. now annually is the key work and annually means per month so I divide 22500 by 12 and got 18.75. last, I added 18.75 a d 1126.95 and got 1144.95!! Hoped explained well!!
Including the change control system within the ________ is a key to a successful project.A. Work Breakdown Structure.B. Project Baseline.C. Risk Management Plan.D. Work Breakdown Structure and Proect Baseline.
Answers
Answer:
The correct answer is C) Risk Management Plan
Explanation:
Change Control System is a key component of the Risk Management Framework/Strategy.
Many times, a project will change midway thus altering significantly the expected results, costs and even purpose of the project. This usually poses a lot of challenges to Project Managers.
Factors or sources of changes to a project include but are not limited to:
Project Owner;Extraneous risks;Customer to Project Owner etc.Cheers!
When the changes are implemented in a process or a system they are ensured by a change control system.
It follows, surveys and accepts the changes before the product or the process are influenced by the change.
The correct answer is:
Option C) Risk Management Plan
This can be explained as:
Risk management is mainly controlled by the change control system.Many times, a project get altered thus concerning the anticipated results, expenses and even direction of the project. This usually feigns a lot of difficulties to managers.A change in the project affects the owner, risks, and the customers.Therefore, risk management is a key to changing the control system.
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In a traditional economy, which group is most responsible for producing the goods people in society need?
A. private business
B. Family members
C. International corporations
D. Government agencies
Answers
Answer:
B. Family members
Explanation:
A traditional economy is based upon the customs, beliefs, and history of the community. Age-old traditions and beliefs guide economic decisions of production and distribution. The traditional economy is motivated by the social well being of its members and not by profits.
The main economic activities under the traditional economy revolves are subsistence farming, fishing, and hunting. These activities are carried out in family settings. In other words, family members provide labor for economic activities.
The answer is Family Members for A P E X
0.71 points eBookPrintReferences Check my work Check My Work button is now enabledItem 2Item 2 0.71 points Kerianne paints landscapes, and in late 2021 placed four paintings with a retail price of $300 each in the Holmstrom Gallery. Kerianne’s arrangement with Holmstrom is that Holmstrom will earn a 10% commission on paintings sold to gallery patrons. As of December 31, 2021, one painting had been sold by Holmstrom to gallery patrons. How much revenue with respect to these four paintings should Kerianne recognize in 2021?
Answers
Answer:
$300
Explanation:
Based on the information given we were told that Kerianne paints placed four paintings that include a retail price of the amount of $300 for each of the four paintings in the Holmstrom Gallery which simply means that the amount of revenue with respect to the four paintings that Kerianne paints will recognize in the year 2021 will be the amount of $300.
Promotion is defined as a business activity that does not encourage the sale of a product or service.
True
False
Answers
Answer:
False
Explanation:
Promotion is promoting a product or service so that someone can buy it.
1. Demand-pull inflation may be caused by:
Answers
Answer:
Demand-pull inflation can be caused by an expanding economy, increased government spending, or overseas growth.
Explanation:
borrowers choosing an adjustable rate mortgage
Answers
Answer:
C. Often pay a lower interest rate during the first few years.
Explanation:
I just took the quiz and got it right.
Borrowers choosing an adjustable-rate mortgage: because they often pay a lower interest rate during the first few years. The correct option is C.
The borrowers mostly have an initial fixed-rate period, which is usually a few years when they choose an adjustable-rate mortgage (ARM). At the initial period, the interest rate on the debt remains as fixed and is lower as compared to a fixed-rate mortgage. This lower interest rate can be helpful for borrowers in the early years of the mortgage.
As a result, borrowers who choose an adjustable-rate mortgage mostly gets benefit from paying a lower interest rate during the first few years of the loan.
Thus, the ideal selection is option C.
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The complete question might be:
Borrowers choosing an adjustable-rate mortgage:
a) pay a higher interest rate during the first few years.
b) are often forced to sell their homes after the first year.
c) often pay a lower interest rate during the first few years.
d) agree to accept no risk when borrowing money.
After completing a career search Patrick has decided that he wants to be a paralegal which two skills or abilities are important for him to have in order to excel in this career
A.Research skills be
B.analytical thinking skills
C.creative thinking skills
D.math skills
Answers
what are pervasiveness of risk in bussiness
Answers
1. How might an organization select a candidate from a pool of applicants with innovative ideas? What would be the best selection tool to measure this innovation based on what you have learned in the class about selection techniques?
2. Briefly define job analysis. And explain why is job analysis relevant to key HRM activities discussed in the course (i.e., staffing, training, performance appraisal, and reward systems).
Answers
An organization can select a candidate from a pool of applicants with innovative ideas by checking to see how they solved tough problems in the past using very simple and out-of-the-box solutions. They can also look out for how long it took for them to solve such problems. Hence, a great measure would be simplicity and "time to market".
A job analysis is a document that highlights the details of a job, who and what is required to get the job done. Job Analysis is very crucial to HRM because it serves as a pivot document.
What is the purpose of Job Analysis?The goal of Job Analysis is to determine and document the 'job relatedness' of employment activities such as training, selection, remuneration, and performance evaluation.
The grouping of jobs within a work family is defined by job analysis. It enables units to establish work progression routes for individuals interested in boosting their possibilities for career growth and income.
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Your friend is trying to establish good credit. Your friend is thinking about taking out a $15,000 auto loan to establish some credit on his credit report. Do you think this is a good idea for your friend to do this? Do you have an alternate suggestion? Why?
Answers
Answer:
I think this is a good idea if my friend has the income (job) to repay the loan and not miss a payment, and doing that will help build credit.
If my friend takes out the loan and knows it will not be repaid back on time and misses deadlines, it would be a bad idea to take the loan in the first place.
Another suggestion would be paying for groceries, gas, etc., and repay back if you have an income and build great credit that way.
Also, you can have a parent/guardian add you to their credit account, so let's say my friend's mother adds my friend to her account, and when the mother makes her payments, it will help my friend build credit.
At what value should the land be recorded in clementine repair service records?
Answers
Answer: $369,500
Explanation:
The Cost concept of accounting calls for the recording of Assets at their cost.
Clementine Repair services offered to buy the land at $350,500 when it was priced at $388,500.
The seller countered with $369,500 and Clementine accepted this.
This means that Clementine bought the land for $369,500 which makes it the cost price.
They should therefore record it at $369,500.
Phillips Company bought 30 percent ownership in Jones Bag Company on January 1, 20X1, at underlying book value. During the period of January 1, 20X1, through December 31, 20X3, the market value of Phillips' investment in Jones' stock increased by $1,500 each year. In 20X1, 20X2, and 20X3, Jones Bag reported the following:
Year Net Income Dividends
20X1 $8,000 $15,000
20X2 12,000 10,000
20X3 20,000 10,000
The balance in Phillips Companyâs investment account on December 31, 20X3, was $54,000.
Required
In each of the following independent cases, determine the amount that Phillips paid for its investment in Jones Bag stock assuming that Phillips accounted for its investment using the ( a ) cost method and ( b ) equity method.
Answers
Answer:
1. Fair value
Particulars Amount$
Investment on December 31,20X3 54,000
Less: Increase for 20X1 -1,500
Less: Increase for 20X2 -1,500
Less: Increase for 20X3 -1,500
Amount that phillips paid for Investment $49,500
2. Equity Method
Particulars Amount$
Investment on December 31, 20X3 54,000
Add: Dividend share for 20X1 4,500 (15000*30%)
Add: Dividend share for 20X2 3,000 (10000*30%)
Add: Dividend share for 20X3 3,000 (10000*30%)
Less: Net Income share for 20X1 -2,400 (8000*30%)
Less: Net Income share for 20X2 -3,600 (12000*30%)
Less: Net Income share for 20X3 -6,000 (20000*30%)
Amount that phillips paid for Investment $52,500
You call a coworker to see if they can come help you solve a problem
Answers
Which are the top bookkeeping services provider firms in Singapore?
Answers
Some of the top bookkeeping services provider firms in Singapore include sleek, boardroom, etc.
1. Sleek: Sleek offers a range of accounting and bookkeeping services, catering to both startups and established businesses. They provide personalized support and utilize cloud-based software for efficient bookkeeping.
2. Ackenting Group: Ackenting Group offers comprehensive bookkeeping services tailored to various industries. They assist in maintaining accurate financial records, managing accounts payable and receivable, and generating financial reports.
3. Boardroom: Boardroom provides professional bookkeeping services to businesses of all sizes. They offer end-to-end solutions, including data entry, bank reconciliation, and financial statement preparation, ensuring compliance with Singapore's accounting standards.
4. 3E Accounting: 3E Accounting specializes in outsourced bookkeeping services, assisting businesses in maintaining organized financial records and adhering to regulatory requirements. They leverage technology for streamlined processes and efficient reporting.
5. Onestop Accounting: Onestop Accounting offers reliable and cost-effective bookkeeping services. They assist businesses in managing their accounts, preparing financial statements, and ensuring compliance with tax regulations.
These firms have established reputations and expertise in providing high-quality bookkeeping services to businesses in Singapore.
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Cardinal Company is considering a five-year project that would require a $2,915,000 investment in equipment with a useful life of five years and no salvage value. The company’s discount rate is 16%. The project would provide net operating income in each of five years as follows:
Sales $ 2,863,000
Variable expenses 1,014,000
Contribution margin 1,849,000
Fixed expenses:
Advertising, salaries, and other fixed out-of-pocket costs $ 781,000
Depreciation 583,000
Total fixed expenses 1,364,000
Net operating income $ 485,000
15. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, which actually turned out to be 45%. What was the project’s actual simple rate of return? (Round your answer to 2 decimal places.)
Answers
Answer:
The initial investment is $2,915,000. The annual net operating income is $485,000. The project's simple rate of return is the annual net operating income divided by the initial investment.
The variable expense ratio is 45%, which means that the variable expenses are $2,863,000 x 45% = $1,288,350.
The contribution margin is $2,863,000 - $1,288,350 = $1,574,650.
The fixed expenses are $781,000 + $583,000 = $1,364,000.
The net operating income is $1,574,650 - $1,364,000 = $210,650.
The simple rate of return is $210,650 / $2,915,000 = 7.22%.
Therefore, the project's actual simple rate of return is 7.22%.
You are a project manager of a project to create a new laptop. This new laptop will be based on a previous laptop that your company has created. As part of your scope development, you're consulting with your project team members the schematics of the previous laptop. You've also taken the previous laptop model apart to represent every component in the laptop. Which technique are you utilizing in this scenario?
Answers
Answer:
The right response is "Product analysis".
Explanation:
Product analysis would be a data collection method and comparison towards competing models generally involves asking questions about the commodity as well as designing solutions appropriately. It encourages elements such as critical products, strategies, layouts, etc. to be evaluated. Elsewhere in this particular instance, there should be a connection to something like the output including its mac pc, which seems to be the older one, so it would be a must-have for software development to evaluate the old.