What are the three major forms of business organization and identify their respective strengths and weaknesses.
Answers
The three major forms of business organization are sole proprietorship, partnership, and corporation. Each form has its own strengths and weaknesses.
1. Sole Proprietorship:
- Strengths:
- Easy and inexpensive to set up and operate.
- Full control and decision-making authority rests with the owner.
- Owner receives all profits.
- Minimal legal and regulatory requirements.
- Weaknesses:
- Unlimited personal liability for business debts and obligations.
- Limited access to capital, as the owner's personal funds are typically the primary source.
- Limited capacity for growth and expansion.
- Business continuity is dependent on the owner's lifespan and ability to manage the business.
2. Partnership:
- Strengths:
- Shared responsibility and decision-making among partners.
- Additional sources of capital and expertise from multiple partners.
- Flexibility in management and operations.
- Tax advantages, as profits and losses are shared among partners and reported on individual tax returns.
- Weaknesses:
- Unlimited personal liability for all partners.
- Disagreements and conflicts among partners can impact business operations.
- Partners are jointly and severally liable for the actions of other partners.
- Dissolution or withdrawal of a partner can disrupt the partnership.
3. Corporation:
- Strengths:
- Limited liability for shareholders, as their personal assets are protected from business debts.
- Ability to raise large amounts of capital through the issuance of stocks and bonds.
- Perpetual existence, as the corporation continues to exist even if shareholders or directors change.
- Separation of ownership and management, allowing for professional management.
- Weaknesses:
- Complex and costly to establish and maintain, with legal and regulatory requirements.
- Double taxation, as corporate profits are taxed at the corporate level and dividends are taxed at the individual level.
- More rigid management structure and decision-making process.
- Greater government oversight and regulation.
It's important to note that the strengths and weaknesses can vary depending on the specific circumstances and industry in which the business operates. It's essential to carefully consider these factors when choosing the most suitable form of business organization.
To know more about sole proprietorship, visit:
brainly.com/question/1428023
#SPJ11
Related Questions
At an interest rate of 7%, you can have approximately $18,000 twelve (12) years from now by depositing $___________ every year for the next twelve years assuming the deposits take place at the end of each year. A. 1623 B. 1006 C. 1088 D. 1127
Answers
The right response is $1,006.24
What explanation is provided?The amount that a lender charges a borrower for any kind of loan that is provided is known as an interest rate, and it is often expressed as a percentage of the principal. The collateralized asset could be cash, a big asset like a car or a house, or just everyday goods. When applied to larger assets, the interest rate is commonly referred to as the "lease rate."
The provided data are listed below in accordance with the scenario:
Interest rate (r) equals 7%
Future worth: $18,000
Time (t) equals 12 years.
Therefore, we can use the following formula to determine the payment to deposit:
FV is equal to Pmt (((1 + r)t - 1) r)
$18,000 = Pmt ((( 1 + 0.07)^12 - 1) ÷ 0.07)
Pmt = $1,006.24
Consequently, a yearly deposit of $1,006.24 is required.
To know more about Loan, visit:
https://brainly.com/question/15166116
#SPJ4
t
ces
Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct
materials):
Selling expenses
Purchases of raw materials
Direct labor
Administrative expenses
Manufacturing overhead applied to work in process
Actual manufacturing overhead cost
Inventory balances at the beginning and end of the year were as follows:
Ending
$ 32,000
$ 27,000
?
Raw materials
Work in process
Finished goods
Beginning
$ 51,000
?
$ 39,000
$ 214,000
$ 265,000
?
$ 152,000
$ 369,000
$ 354,000
The total manufacturing costs added to production for the year were $680,000; the cost of goods available for sale totaled $745,000;
the unadjusted cost of goods sold totaled $663,000; and the net operating income was $31,000. The company's underapplied or
overapplied overhead is closed to Cost of Goods Sold.
Required:
Prepare schedules of cost of goods manufactured and cost of goods sold and an income statement. (Hint: Prepare the income
statement and schedule of cost of goods sold first followed by the schedule of cost of goods manufactured.)
Answers
Answer:
what do u mean with the t ces??
Work in process, work in progress, goods in process, or in-process inventory refers to a company's partially finished goods waiting for completion and eventual sale, or the value of these items.
What is a Work in progress?A company's partially finished goods that are awaiting completion and ultimate sale are referred to as work in progress, goods in process, or even in inventory, or the worth of these items. WIP is a vital input for computing inventory on such a company's balance sheet and is utilized in supply chain management.
Production and supply-chain management terms for partially produced products that are awaiting finishing include "work-in-progress." Raw materials, labor, and overhead expenses expended on goods that are in various phases of manufacturing are referred to as WIP.
In British English, "work in progress" has always been favored. While work in progress is once again the preferred expression now, work in process was more common for a brief while in the 20th century in American English.
Learn more about the Work in Progress here:
https://brainly.com/question/17892627
#SPJ2
Kirin Brewery, Japan's largest producer of beer, allows the Charles Wells Brewery in England to manufacture beer to Kirin's specifications and market the beer as Kirin Beer. Kirin Brewery earns a royalty on the beer sold in England. What type of international business is this an example of? a. franchising
b. licensing
c. exporting
d. importing
Answers
Kirin Brewery, Japan's largest beer producer, permits Charles Wells Brewery in England to manufacture beer to Kirin's specifications and market it as Kirin Beer. Kirin Brewery receives a royalty on beer sold in the United Kingdom. International business is an example of licensing type business. So the option b is correct.
Kirin Brewery Company, Limited is a Japanese beverage conglomerate. Kirin Holdings Company, Limited is a subsidiary. Initially, many foreigners worked for the company: Americans and Englishmen held executive positions, and German technicians oversaw the brewing process.
The Business History Review is a quarterly journal that publishes original research by leading historians, economists, and business administration scholars. The Bulletin of the Business Historical Society was founded in 1926, and the current name was adopted in 1954. According to its mission statement, the primary goal of BHR is to "encourage and aid the study of the evolution of business in all periods and in all countries."
To learn more about Kirin Brewery Company link is here
brainly.com/question/24243269
#SPJ4
Which question can help a writer analyze a prompt and develop a claim for an argumentative essay?
O Does the conclusion restate the claim?
O What is the main purpose of the essay?
O is supporting evidence included?
O is the claim clearly stated?
Answers
The question that can help a writer develop a claim for argumentative essay is " is supporting evidence included?"
What is an is an Argumentative essay?An Argumentative essay is one characterised by responding to a prompt or questions of a fellow in other to get ideas or win points from their claims.
In a good arguments, both parties are expected to come out more enlightened about the topic they argued about.
Learn more about Argumentative essay here:
https://brainly.com/question/22740197
#SPJ5
Each year, The Economist publishes data on the price of the Big Mac in different countries and exchange rates. The accompanying table presents data from 2007 and 2019. Use this information to answer the following questions.
Using the increase in the local currency price of the Big Mac in each country to measure the percentage change in the overall price level from 2007 to 2019, which nation experienced the most inflation?
Answers
According to the graph, the country that experienced the highest inflation (devaluation of its local currency) was Argentina.
How to calculate which was the country with the highest inflation?According to the graph we can look at the variation in the prices of the Big Mac between 2007 and 2019 in the local currency and the US dollar. These comparisons allow us to know which countries have had the greatest devaluation against the dollar over the years.
To identify the most affected country, we must identify which had the greatest variation in the price of the Big Mac in its local currency. In this case, Argentina and Japan. Now we must find the difference and calculate the percentage of devaluation or increase of the product in the local currency as shown below:
Argentina:
21 - 8.25 = 12.75
8.25 / 100 = 0.0825
12.75 / 0.0825 = 154.54
Japan
370 - 280 = 90
280 / 100 = 2.8
90 / 2.8 = 32.14
According to the above, the most devalued currency was the Argentine peso, which devalued 154.54% in this period.
Learn more about devaluation in: https://brainly.com/question/1457256
#SPJ1
In 2018, the federal government spent $4.1 trillion and brought in revenue of $3.3 trillion. a. Is this a budget deficit or surplus, and what is its size? This is a budget surplus deficit Size: $ trillion b. If net government debt in 2018 was $15.8 trillion, what will it be in 2019? Net government debt2019: $ trillion c. GDP in 2018 was $20.2 trillion and $21.3 trillion in 2019. How has the debt-to-GDP ratio changed from 2018 to 2019? Between 2018 and 2019, the debt-to-GDP ratio slightly. fell/rose
Answers
This is a budget deficit. The size of the deficit can be calculated by subtracting the revenue from the expenses:
Budget Deficit = Spending - Revenue
= $4.1 trillion - $3.3 trillion
= $0.8 trillion (or $800 billion)
Therefore, the budget deficit is $800 billion.
b. To determine the net government debt in 2019, we need to consider the change in debt from 2018 and any additional borrowing. The given information does not provide the specific amount of borrowing in 2019, so we cannot determine the exact net government debt for that year.
c. The debt-to-GDP ratio is calculated by dividing the net government debt by the GDP and multiplying by 100 to express it as a percentage. However, the given information does not provide the net government debt for 2019, so we cannot determine the debt-to-GDP ratio for that year. Therefore, we cannot determine whether the debt-to-GDP ratio fell or rose from 2018 to 2019 based on the information given.
To know more about government visit-
brainly.com/question/32068896
#SPJ11
(Please no links! and help ASAP!) An extract of a balance sheet is given. What are the debt-equity ratio and the quick ratios?
The debt equity ratio is ___. (correct to 2 decimal places)
A. 1.56
B. 2.10
C. 1.38
The quick ratio is ___. (correct to 2 decimal places)
A. 0.92
B. 0.91
C. 0.25
I'd love to see all the math done as well if possible.
Answers
Answer:
Explanation:
i think
1. its c
2. a
you are analyzing risk factors in your portfolio to determine how susceptible you are to risk. of the factors shown in the screenshot below, which of the answer choices has the highest active exposure and the highest contribution to risk?
Answers
When analyzing risk factors in your portfolio, the highest active exposure and contribution to risk can be determined by comparing the values of each factor.
Active exposure refers to the degree of difference between your portfolio's allocation and the benchmark allocation. The contribution to risk is the portion of the total risk that can be attributed to a particular factor.
To identify the factor with the highest active exposure and contribution to risk, look for the one with the largest positive deviation from the benchmark and the highest percentage of the total risk.
Learn more about portfolio:
brainly.com/question/17165367
#SPJ11
The TJ Partnership has two equal partners, Troy and John. In the current year, the partnership earns $300,000 of ordinary income (all business) and recognizes a $15,400 long-term capital gain. Troy is married, files a joint return, and claims a standard deduction. Other than partnership items, Troy has only a $6,400 short-term capital loss at the individual level.
.What is Troy's taxable income?
Does the STCL need to be reconized?
Answers
Troy's taxable income can be calculated as follows;
Troy's share of the partnership income for the current year is $300,000 ÷ 2 = $150,000.
His share of the partnership's long-term capital gain is $15,400 ÷ 2 = $7,700.
Troy's ordinary income from the partnership and his long-term capital gain are combined with his other income items. His STCL is deducted from this amount. Troy's taxable income is then calculated.
Troy's taxable income is calculated as follows; $150,000 + $7,700 - $6,400 (STCL) = $151,300
A short-term capital loss is a loss realized by an investor when they sell an asset for less than what they paid for it. STCL may be deducted from an investor's capital gains to reduce their tax bill. If STCL exceeds capital gains, a maximum of $3,000 may be deducted from ordinary income, and any unused losses may be carried forward to future years.
The STCL needs to be recognized and reported on Troy's tax return. The $6,400 STCL will be deducted from his share of the partnership income. The net income from the partnership (including the STCL) will be added to Troy's other income items, and his taxable income will be calculated.
Learn more about net income: https://brainly.com/question/32614743
#SPJ11
If a university passed a rule stating that university students must live in university dormitories, what effect would this have on the price elasticity of demand for dorm space? how might this rule affect room rates?.
Answers
If a university passed a rule stating that university students must live in university dormitories, the price elasticity of demand would be more inelastic, and room rates would increase. The correct answer is option(d).
A good's quantity sought is calculated using its price elasticity of demand. Almost all items see a decline in demand when prices rise, but certain goods are more affected than others.
Price elastic demand is the term used to describe the relationship between the percentage change in a product's quantity sought and the percentage change in price. The demand's elasticity at any particular time is dependent on a number of variables.
To implement a successful pricing strategy and determine the weight of price in consumers' purchasing decisions, it is necessary to understand how sensitive consumers are to price changes. This is made possible by measuring the price elasticity of demand. The following elements have a tendency to increase demand's inelasticity:
● The elasticity of demand is lower when they are unavailable or when there are few substitutes.
● Demand for items that consumers view as essentials is less elastic (for example, insulin).
● Demand is more elastic in the short term.
To know more about price elasticity refer to:
https://brainly.com/question/20630691
#SPJ4
A popular fried chicken franchise opened their operations in China. Their Beijing outlet translated the tagline, Finger-lickin' good" to "Eat your fingers off." Using online research, briefly summarize five other examples of poor cultural language and cultural awareness in advertising.
Answers
Answer:
(Answers may vary.)
Sometimes marketers try to convince consumers overseas that their product goes beyond traditional cultural barriers by simply translating the original taglines or ignoring cultural barriers. This is where they go wrong. Here are some examples:
A company that made baby foods entered the market in Africa where they used their original packaging of containers with baby pictures on them. In Africa, most companies follow the tradition of putting picture of contents on the packaging. So, putting the picture of a baby on the packaging proved to be a bad brand strategy.
A famous cereal brand had to rename their product name in Sweden after it was translated into the local language as “burned farmer.”
A well-known bank with an ad campaign that read, "Assume Nothing," had to reconsider their campaign when they launched their operations overseas. They had to change their tagline because the tagline translated to "Do Nothing" in many countries.
An automobile company tried to sell cars in Mexico using a tagline that roughly translated to “the car doesn’t move”.
A beverage company used characters in Chinese that sounded like the brand name but read as “Bite the wax tadpole.” They later used a different tagline, this time being more careful.
Explanation:
Plato
Williams Auto has a machine that installs tires. The machine is now in need of repair. The machine originally cost $11,400 and the repair will cost $2,400, but the machine will then last two years. The labor cost of operating the machine is $0. 50 per tire. Instead of repairing the old machine, Williams could buy a new machine at a cost of $6,400 that would also last two years; the labor cost would then be reduced to $0. 25 per tire. Williams expects to install 11,400 tires in the next two years. A. Determine the total (two-years) cost for both repairing and replacing the machine
Answers
Williams should fix the equipment because it will cost less overall than to replace it.
What is labor cost?Labor expenses are an employer's total out-of-pocket expenditure for hiring employees.
Williams Auto has a machine that installs tires. Even if the equipment needs maintenance, it will only operate for another two years. Operating the machine costs $0.70 per tire in labor. Instead of repairing the old machine.
1. Total cost of Repair = Repair cost + Operating cost
= $1,700+10,700*$0.70
= $1,700 + $7,490
= $9,1902.
2. Total cost to replace = Repair cost + Operating cost
= $5,700+10,700*$0.5
= $5,700+$5,350
= $11,050
Therefore, Williams should repair the machine.
To know more about Labor costs Visit :
https://brainly.com/question/30620277
#SPJ4
Among those not working, the most recent job-search activity for 2.90 million happened less than two weeks ago, while 1.72 million most recently looked for work between two and four weeks ago. An additional 0.86 million most recently looked for work five weeks ago, and the remaining 10.99 million who do not have jobs have not looked for work in the past six weeks. Round your answers to two decimal places.
Answers
Answer:
A. 24.05
B. 4.62
C. 66.99%
D. 19.21%
Explanation:
A). Calculation to determine the Laborland's total labor force
Using this formula
Total Labor Force = Employed + Unemployed
Let plug in the formula
Total Labor Force = (4.9+ 14.53) + (2.9 + 1.72)
Total Labor Force = 19.43 + 4.62
Total Labor Force = 24.05
Therefore the Laborland's total labor force is 24.05
(B). Calculation to determine the Laborland's labor force participation rate
Unemployed = 2.90 + 1.72
Unemployed = 4.62
Therefore the Laborland's labor force participation rate is 4.62
(C). Calculation to determine How many people are unemployed in Laborland
Using this formula
Labor force participation rate = Labor force / Total working age population
Let plug in the formula
Labor force participation rate= $24.05 / 35.9
Labor force participation rate= 66.99%
Therefore How many people are unemployed in Laborland will be 66.99%
(D). Calculation to determine Laborland's unemployment rate
Using this formula
Unemployment Rate = Unemployed / Labor force
Let plug in the formula
Unemployment Rate = 4.62 / 24.05
Unemployment Rate= 0.1921 * 100
Unemployment Rate= 19.21%
Therefore Laborland's unemployment rate is 19.21%
According to the law of supply what's the result of an increase in the supply of workers for a job if all other factors remain equal?
Answers
Answer:
According to the law of supply, an increase in the supply of workers for a job if all other factors remain equal means the company wants to be efficient and it is also proof that the company is making more profit which signals the demand for the commodities they produced as increased drastically.
Explanation:
The law of supply work in the dimension of price, the number of goods available in the market, and it is hugely affected by demand. Now, when the price of goods decreases, it makes production by producers decrease as well and staffs are also laid off to avoid profit loss by the producers. This changes when the price of commodity increases as it makes producers of the commodity have the capacity to employ more staff to maximize time and this also causes the producers to increase sales. However, the higher demand for a commodity would also increase the supply of that commodity.
Answer:
The wage rate for that job will be pushed down.
Explanation: I just took the test and got it right
Selected financial data of Target (USA) and Wal-Mart Stores, Inc. (USA) for a recent year are presented below (in millions). Target Corporation Income Statement Wal-Mart Stores, Inc. Data for Year
Net Sales 72596 476294
Cost of goods sold 51160 358069
Selling and administrative expenses 16816 91353
Interest expense 1126 2335
Other income (expense) -391 -410
Income tax expense 1132 8105
Net Income 1971 16022
Statement of Financial Position Data (End of Year) Non-current assets 32980 143566
Current assets 11573 61185
Total assets 44553 204751
Total equity 16231 81339
Non-current liabilities 15545 54067
Current liabilities 12777 69345
Total equity and liabilities 44553 204751
Beginning-of-Year Balances Total assets 48163 203105
Total equity 16558 81738
Current liabilities 14031 71818
Total liabilities 31605 131287
Other Data Average net accounts receivable 2921 6723
Average inventory 8335 44331
Net cash provided by operating activities 6520 23257
1. For each company, compute the following ratios. a. Current ratio b. Accounts receivable turnover c. Average collection period d. Inventory turnover e. Days of inventory f. Profit margin g. Asset turnover h. Return on assets i. Return on ordinary shareholders' equity j. Debt to assets ratio k. Times interest earned 2. Compare the liquidity, profitability, and solvency of the two companies.
Answers
The financial ratios calculated for Target and Wal-Mart show that both companies are in a relatively strong financial position. Target has a higher current ratio, which indicates a better ability to meet short-term obligations. However, Wal-Mart has a higher inventory turnover rate and lower days of inventory, indicating better inventory management.
In terms of profitability, both companies have similar profit margins and asset turnover ratios. Wal-Mart has a higher return on assets and ordinary shareholders' equity, indicating better overall performance. However, Target has a lower debt to assets ratio and higher times interest earned, indicating better solvency and ability to service debt.
Overall, both companies have strengths in different areas, but Wal-Mart seems to have a slightly stronger financial position due to its higher return on assets and ordinary shareholders' equity.
To know more about financial ratios, refer to the link:
https://brainly.com/question/31531442#
#SPJ11
In Country A, the State controls ALL the factors of production. Country A could be described as a country that is operating within a:
A. free market economic system
B. laissez-faire economic system
C. mixed economic system
D. planned economic system
Answers
In a communist economic system, all factors of production are controlled by the government. The Planned economic system most similarly embodies that same economic system.
Macrophages in the lamina propria of the intestines behave differently than macrophages found in skin tissue. Those in the lamina propria
O express much higher levels of TLRS
O do not express signaling receptors needed for inflammatory cytokines.
O cannot phagocytose bacteria
O actually, there are none in the lamina propria
O express high levels of 87 costimulator
Answers
Macrophages in the lamina propria of the intestines express higher levels of Toll-like receptors (TLRs).
What differentiates macrophages in the lamina propria of the intestines from those found in skin tissue?Macrophages in the lamina propria of the intestines exhibit distinct characteristics compared to macrophages found in skin tissue.
One key difference is that macrophages in the lamina propria express much higher levels of Toll-like receptors (TLRs).
Toll-like receptors play a crucial role in recognizing and responding to microbial components, initiating immune responses against pathogens.
This heightened expression of TLRs suggests that intestinal macrophages are specialized to detect and respond to microbial stimuli within the gut environment.
In contrast, the statement that they do not express signaling receptors needed for inflammatory cytokines, cannot phagocytose bacteria, or express high levels of 87 costimulator contradicts our current understanding of macrophage functions and may not be accurate.
Learn more about lamina propria
brainly.com/question/15601649
#SPJ11
What are the additional costs you pay each year in order to borrow money in loans? This includes both interest and fees.
A: Annual Percentage rate (ARP)
B: Variable Interest
C: Origination Fees
d: Fixed interest
Answers
The annual percentage rate is the additional cost that you pay monthly in order to borrow money in loans.
What is the annual percentage rate?This rate is also expressed as the interest rate. It is the amount that one is charged for the money that they borrowed.
This amount is the actual cost of the loan that they got which is expressed in percentages.
Read more on interest rate here: https://brainly.com/question/25545513
Question 1 of 10
How does a person's marital status affect the amount that is deducted from
his or her paycheck for taxes?
O A. Divorced people pay more in taxes than married people.
O B. Deductions for married people are often less than those for single
people
C. Marital status has no impact on taxes.
D. Deductions for married people are often more than those for
single people.
Answers
Answer:
B. Deductions for married people are often less than those for single people
Explanation:
You want to know how a person's marital status affects the amount that is deducted from his or her paycheck for taxes.
DiscussionIn the US, the withholding tax tables generally call for smaller deductions for a person who is married than for a single person. The amount deducted depends on the declarations made on the W-4 form: whether the person is single or married, the number of dependents, and whether they are the head of the household.
Other things being equal a married person will have less withholding tax deducted than a single person.
__
Disclaimer
This should not be considered to be tax advice. Consult a tax professional for the latest and best information on this subject.
Content marketing is intended to attract potential buyers by building a strong brand reputation through online content, including:
Answers
It is true that Content marketing aims to attract potential buyers through building of strong brand reputation through online content.
Content marketing refers to a marketing strategy which aims to attract and engage the audience (prospective buyers) through creation of relevant articles, videos, media etc.
The approach of Content marketing does promotes brand awareness and ensures that the business stays top of mind of the audience.Hence, it is true that Content marketing aims to attract potential buyers through building of strong brand reputation through online content.
Read more about Content marketing:
brainly.com/question/11326899
Carbon Monoxide Poisoning: (Please bullet or number your answers.)
All gas-powered vehicles produce carbon monoxide. Carbon monoxide is a deadly, odorless gas that is released from the exhaust pipe of vehicles.
What are two (2) ways you can prevent carbon monoxide poisoning with gas-powered vehicles?
Answers
Proper maintenance of the vehicle: Regular maintenance of the vehicle's exhaust system can prevent carbon monoxide leaks. This includes ensuring that the exhaust system is properly connected and that the catalytic converter is functioning correctly. It is also important to check the vehicle's emission levels to make sure they are within the acceptable range.
Proper ventilation: To prevent carbon monoxide buildup, it is important to have proper ventilation when operating gas-powered vehicles. This means avoiding driving in enclosed spaces, such as garages, and keeping the windows or vents open when driving. Additionally, it is important to avoid idling the vehicle for extended periods of time, especially in enclosed or poorly ventilated areas.
In 2013, what percentage of sales did Tesla generate in North America?
76.8%
23.2%
55.4%
None of the above
Answers
In 2013, percentage of sales did Tesla generate in North America is 76.8%. The correct option is A.
Tesla generated 76.8% of sales in North America in 2013. Tesla, Inc. is a U.S.-based electric vehicle (EV) and clean energy company based in Palo Alto, California. It designs and sells luxury electric vehicles, battery energy storage, and clean energy generation and storage systems, among other things.
Tesla Motors was founded in 2003 by a group of Silicon Valley engineers who wanted to show that electric cars could be better than gas-powered cars in every way.
Here's a step-by-step explanation of how we can find the percentage:
Step 1: Identify the given data - In this case, we have four options A (76.8%), B (23.2%), C (55.4%), and D (None of the above).
Step 2: Research for accurate information - To find the correct answer, you can search for Tesla's 2013 sales data or check the company's financial statements.
Step 3: Compare the given options with the accurate data - Based on the research, we can determine that Tesla's sales percentage in North America for 2013 was 76.8%.
To know more about Tesla, refer here:
https://brainly.com/question/30998909#
#SPJ11
Which is the best general statement about the role of government in business in the United States? O A. Government determines what goods and services are produced. B. Government acts to allow markets to function efficiently. C. Government owns the resources of production. D. Government has no role in business.
Answers
The Parent in 2 above will report after tax profits of $______ and the consolidated after tax profits will be $_____ in year 1 related to these intercompany sales.
a) $2,100, $1,050 b) $4,200, $2,100 c) $2,500, $1,250 d) $3,000, $1,500
Answers
Based on the given information, the answer for this question would be:a) $2,100, $1,050.
The following formulae are used to calculate the profits of Parent and Consolidated companies:
Parent Company After-tax profits = (Net Sales - Cost of Goods Sold - Operating Expenses - Depreciation Expense - Interest Expense - Taxes)
Consolidated Company After-tax profits = (Parent Company After-tax profits + Subsidiary Company After-tax profits - Intercompany Profit)
In this given scenario, it is given that Parent in 2 above will report after-tax profits of $2,100.
Hence, option a) $2,100, $1,050 is correct.I hope that helps!
To know more about tax profits visit:
https://brainly.com/question/30440483
#SPJ11
As an internal auditor for the Quick Manufacturing Company, you are participating in the audit of the company’s AIS. You have been reviewing the internal controls of the computer system that processes most of its accounting applications. You have studied the company’s extensive systems documentation. You have interviewed the information system manager, operations supervisor, and other employees to complete your standardized computer internal control questionnaire. You report to your supervisor that the company has designed a successful set of comprehensive internal controls into its computer systems. He thanks you foryour efforts and asks for a summary report of your findings for inclusion in a final overall report on accounting internal controls. Have you forgotten an important audit step? Explain. List five examples of specific audit procedures that you might recommend before reaching a conclusion
Answers
It is possible that an important audit step has been forgotten. The audit step that has been overlooked is the testing of the internal controls to ensure that they are functioning effectively.
While the company may have designed a successful set of comprehensive internal controls, it is important to test their effectiveness in practice to ensure that they are actually preventing or detecting errors and fraud. Without testing the controls, there is no way to know for sure if they are working as intended.
Five examples of specific audit procedures that could be recommended before reaching a conclusion include:
Conducting walkthroughs of the accounting system to gain a deeper understanding of the system's design and operation.
Performing substantive testing to verify the completeness and accuracy of transactions processed by the system.
Testing the accuracy and completeness of the system's input and output.
Testing the segregation of duties within the system to ensure that no single person has control over multiple aspects of the system.
Reviewing system logs and monitoring controls to ensure that the system is operating as intended and that any errors or irregularities are detected and corrected in a timely manner.
For more such questions on Audit
https://brainly.com/question/14541181
#SPJ4
Create a list of three products or services to which you are brand-loyal. For each, explain why you have highly favorable attitudes toward the brand and consciously seek to buy it whenever you make a purchase from that product category. Describe what factors could cause you to change your loyalty and switch to a competing brand.
Answers
The order to successfully manage the risks, a combination of hedging measures is advised given the exposure to foreign exchange fluctuations and geopolitical concerns in Europe. It is possible to use the following hedging techniques:
1. Forward Contracts: To reduce the risk of currency fluctuations affecting the firm's payables and receivables, forward contracts can be entered into. By securing exchange rates in advance, the company can safeguard itself against unfavourable currency swings. For instance, it can enter into forward contracts for JPY, KRW, and MXN to hedge its payments to suppliers in Japan, South Korea, and Mexico, respectively. It can also enter into forward contracts for AUD, CAD, EUR, and NOK to hedge its upcoming receipts from clients in Australia, Canada, Germany, and Norway, respectively.
learn more about successfully here :
https://brainly.com/question/28144893
#SPJ11
The catapult systems repair crew on an aircraft carrier is responsible for repairing the system that launches the aircraft from the carrier. no two repairs are alike, and because pilots' lives are at stake, quality is imperative. repair personnel often have to develop creative solutions on the spot instead of depending on standard procedures. as a result, the most effective structure for the catapult systems repair crew is a(n) ________ structure.
Answers
Answer: Organic Structure
Explanation: Organic Structure may be explained as a type of organizational structure which often promotes creativity, being proactive and flexible decision making due to the unstable and dynamic nature of the work environment and problem the organization has to solve. In the scenario above, due to the risky nature of the task at hand, catapult repair crews do not posses the luxury of time to follow rigid orders, rules or follow a centralized model of problem solving. Therefore, a decentralized model is often adopted in other to afford the repair crew to use their tactical nous, experience and creative ability to approach, tackle and provide quick and quality solutions to lingering problems.
A rising GDP and a falling unemployment rate are most likely indicators that an economy is in which phase of the business cycle?
answer: expansion
Answers
A rising GDP and a falling unemployment rate are most likely indicators that an economy is in the expansion phase of the business cycle.
During the expansion phase, the economy experiences an increase in economic activity and employment opportunities, resulting in a rise in GDP and a decline in unemployment rate. This phase is typically characterized by increased consumer and business spending, rising stock prices, and increasing confidence in the economy. The expansion phase is usually followed by the peak, recession, and trough phases in the business cycle.
The business cycle refers to the fluctuation of economic activity in an economy over time. It is typically characterized by alternating periods of expansion and contraction, with the peak, recession, and trough phases in between. Various factors contribute to the business cycle, including consumer spending, business investment, and government policies.
learn more about GDP here
https://brainly.com/question/30504843
#SPJ1
1. What are the three types of organizations that help local governments achieve their sustainability goals?
2. cost-benefit cost-benefit analysis?
3. What is greenwashing?
4. Provide an example of greenwashing?
5. If you were to develop a sustainability assessment tool for businesses from scratch, where would you start?
6. How can we start a sustainability initiative at Everglades University? Provide a brief description of your idea.
Answers
There are three types of organizations NGO, Universities and Consulting firms. Cost-benefit analysis is a tool used to evaluate the costs.
1. There are three types of organizations that help local governments achieve their sustainability goals. They are as follows:
NGOs (non-governmental organizations)– These are independent groups that work towards making the world a better place.
They are an excellent source of information on environmental issues and help governments to achieve their sustainability goals.
They can provide advice on best practices, training and even provide funding to help support initiatives that will improve the environment.
Universities – Many universities have programs that focus on sustainability. They are a great resource for governments to tap into as they have experts in the field of sustainability. They can provide training, research and even funding for sustainability initiatives.
Consulting firms – Many consulting firms specialize in helping organizations become more sustainable. They can provide advice on the best practices, conduct audits, and help develop sustainability plans.
2. Cost-benefit analysis is a tool used to evaluate the costs and benefits of a particular project. It helps determine if the benefits of the project are worth the costs.
3. Greenwashing is a marketing strategy used by companies to make their products or services appear more environmentally friendly than they actually are.
4. An example of greenwashing is a company claiming that their product is “all-natural” even though it contains synthetic ingredients.
5. If you were to develop a sustainability assessment tool for businesses from scratch, you would start by identifying the key sustainability issues that are most important to the business. You would then create a set of criteria that would be used to evaluate the business's performance in each of these areas.
Finally, you would develop a scoring system that would assign a score to the business based on their performance in each area.
6. To start a sustainability initiative at Everglades University, I would suggest forming a sustainability committee. This committee would be made up of students, faculty, and staff who are passionate about sustainability. The committee would be responsible for developing and implementing sustainability initiatives on campus.
These initiatives could include things like reducing energy consumption, increasing recycling rates, and promoting sustainable transportation.
The committee could also organize events and educational programs to raise awareness about sustainability issues and encourage members of the university community to get involved.
To learn more about sustainability click here:
https://brainly.com/question/4677073#
#SPJ11
This response covers topics on organizations aiding local government sustainability, cost-benefit analysis, greenwashing and its example, starting points for creating a sustainability assessment, and initiating a sustainability effort in universities.
Explanation:Three types of organizations that help local governments achieve their sustainability goals are non-profit organizations, public-private partnerships, and intergovernmental organizations.
A cost-benefit analysis is an evaluation technique that estimates the strengths and weaknesses of alternatives. It's used to determine options which provide the best approach to achieving benefits while preserving savings.
Greenwashing is a deceptive marketing strategy used by companies to falsely portray themselves as environmentally friendly or sustainable.
An example of greenwashing is a company marketing a product as 'biodegradable' but without giving a time frame for its decomposition under ordinary disposal conditions.
If I were to develop a sustainability assessment tool for businesses from scratch, I would begin by identifying core sustainability metrics that are relevant to the industry of the business. Reviewing global sustainability standards can also be a good starting point.
To start a sustainability initiative at Everglades University, one could initiate a thorough review of current operations and identify areas for improvement. This could involve energy efficiency, waste reduction, transition to renewable sources of energy and education & awareness programs for students and staff.
Learn more about Sustainability in Business here:https://brainly.com/question/33488758
#SPJ2
________ models software in terms similar to those that people use to describe real-world objects.
(a) Method-oriented programming
(b) Object-oriented design
(c) Procedural programming
(d) None of the above