Entrepreneurship can help students by helping them to establish businesses that can help them with income.
What is entrepreneurship?
This is simply the act of owning a business for the sake of profits. Entrepreneurship is good for every economy because it reduces dependence on the government.
Entrepreneurship helps to ensure that the people have something that fetches them income.
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Before purchasing services, citizens must often make assessments of their quality based on reputation. Group of answer choices True False
Worker productivity is one of the most important factors that help determine the performance of an economy. Which definition best describes productivity
Productivity of a worker is measured by how much is produced at a given time.
What is worker productivity?It measures the amount of output produced at a given work interval.
The quantity of goods and services produced per a given time measures a worker productivity.
Therefore, productivity of a worker is measured by how much is produced at a given time.
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On February 1, 2020, Teal Corporation issued 3,300 shares of its $5 par value common stock for land worth $37,400. Prepare the February 1, 2020, journal entry.
Journal entry for Teal corporation
Account Debit Credit
Cash $37,400
Additional Paid-In Capital $20,900
Common Stock - $5 Par $16,500
(To record issuance of common stock)
What is Par Value?Stocks are issues in some states at par value which means that the company sets a minimum price that they can sell stocks at in their articles of incorporation.
Par value is similar to the face value of a bond and, often, companies will sell stocks for more than par value.
First, we need to determine what portion of the cash is at par value first:
= 3,300 x $5
= $16,500
Now, we find what is sold above par:
= $37,400 - $16,500
= $20,900
Finally, we prepare the journal entry:
Account Debit Credit
Cash $37,400
Additional Paid-In Capital $20,900
Common Stock - $5 Par $16,500
(To record issuance of common stock)
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MPUM BOTTLE MANUFACTURERSTABM)
Mpumi Bottle Manufacturers is a large business well known for supplying quality plastic
bottles, is the most customer-centric company, that build a place where people can come
find any bottle. The financial manager borrowed money from Blue bank at a high-interest
rate to buy material and equipment for manufacturing bottles. MBM has recently appointed
two experienced employees who are responsible for branding the bottles
The demand for branded bottles increased in other provinces they opened another branch
in North West Province. Raheem Trading opened a similar business that offers the same
services at a lower price,
Gail, the director shares the understating of how things are done in the business to
accomplish the business mission Raheem Trading's board of directors strongly believes in
good leadership and management for the success of the business.
Bennie the purchasing manager, at Raheem Trading ensures that there is enough stock
available for continuous production, Place orders with suppliers and follow up on them.
The credit department supervisor educates consumers on making the right choices when
they apply for credit
1.1.1 Quote the visions statement of mpumi bottle manufacturers in the case study above
1.1.2 Name ONE component/feature of each business environment in the cas study above .motivate your answer by quoting from the case study
The vision statement of Mpumi bottle manufacturers is that the company wants to build a place where people can find any bottle.
What is a vision statement?It should be noted that a vision statement simply means a description of the future of the organization.
In this case, the vision statement of Mpumi bottle manufacturers is that the company wants to build a place where people can find any bottle.
The components of the business environment include economic, political, and technological factors.
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Fifteen years ago, everyone didn't have a cell phone. Anyone developing an app would not have found many users. Today, the existence of mobile apps is one of the reasons why smartphones are so popular today. These apps make phones and tablets smart, in terms of functionality and features. The app market is seeing hundreds of new applications introduced every day. This example shows that _______.
a. segmentation cannot identify a customer's wants and needs.
b. cell phone use has created a large enough market to make app development profitable.
c. segmentation avoids the need to design marketing mixes.
d. cell phone users are not a market segment.
The example of the app market with hundreds of new applications introduced every day shows that b. cell phone use has created a large enough market to make app development profitable.
What is the app market?The app market refers to the market of computer applications or apps. Apps are used on various mobile devices used by billions of people.
App marketing today attracts the largest possible number of users for an app or widget, generating revenue in billions of dollars.
Thus, the correct answer is Option B.
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Maria babysits as a form of income while she is in college. Because the amounts she gets per job are not huge, Maria never bothers to report her earnings to the IRS. Maria is part of a loosely defined unregulated market unhindered by taxes, government permits, or human protections. What term did you learn that describes this
Based on the information given the terms that describes this is: underground economy.
What is underground economy?
Underground economy can be defined as the way in which a person hide their income from government or tax authorities so as to avoid remitting their tax to government.
Based on the given given scenario Maria his hidden her income and never bothers to report her earnings to the IRS because she does not what to pay tax.
Inconclusion the terms that describes this is: underground economy.
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Megan believes the highest-quality information about consumer's desired product features would be obtained through personal interviews. She decides to conduct her interviews at ____ because this is a common location for personal interviews today.
Answer:
a shopping mall
Explanation:
A whistleblower is :____________
a) a worker who does not accomplish his or her tasks by the end of a day.
b) a worker hired in excess of the labor requirements of an agency.
c) an ombudsman.
d) someone who brings to public attention gross governmental inefficiency or illegal action.
Which is not a function of back matter in a report?.
Answer:
to provide a brief technical summary of the report.
Explanation:
Company A has sales of $500,000, variable costs of $350,000, and fixed costs of $150,000. Company A has ______.
Company A has: Reached the break-even point and Company A's contribution margin equals the fixed costs.
What is break even point?Break even point is the point in which a company neither make gain or loss.
Based on the information given company A has reached the break-even point because there is no gain or loss.
Company A's contribution margin also equals the fixed costs.
Contribution margin=Sales-Variables cost
Contribution margin=$500,000-$350,000
Contribution margin=$150,000
Contribution margin equal fixed cost of the amount of $150,000.
Inconclusion Company A has: Reached the break-even point and Company A's contribution margin equals the fixed costs.
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Which best explains why the law of supply operates the way it does in a free enterprise economy?.
Answer:
Companies want to be as profitable as possible
Explanatio: I know everything about this topic
Answer: Companies want to be as profitable as possible.
Explanation: The answer is correct.
C. George Delivery Co.'s adjusted trial balance shows two expense accounts: Wages Expense with a debit balance of $12,000 and Advertising Expense with a debit balance of $3,000. The journal entry to close these accounts will include a debit to which account(s):____________
Answer: income summary
Explanation:
tyler a new accounts representative at martin marketing is learning the job by actually doing job related tasks uch as contacting customers tyler is most likely apriciapting in
The fact that Tyler is learning the job by actually doing job related tasks depicts on the job training
What is on the job training?It should be noted that on the job training simply means a form of training whereby new employees learn the job based in task given.
In this case, Tyler is learning the job by actually doing job related tasks. This is on the job training.
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How to avoid paying capital gains tax on inherited property.
Answer:
Sell the inherited asset right away.
Turn it into your primary residence.
Make it into an investment property.
Disclaim the inherited asset for tax purposes.
***economics***
Examine this supply and demand graph for a product. What does the red dot on the graph represent?
A. The product's supply schedule
B. The product's equilibrium price
C. The product's quantity demanded
D. The product's quantity supplied
Answer:
The answer is B
Explanation:
Just took the test
give a short introduction of seasonal vegetable cultivation
Answer:
Seasonal vegetables are those vegetables that can not adjust all kind of temperatures. The seasonal vegetables are grown in the natural cycle of seasons when they are most suitable. For example, cauliflower only grows in winter season.
Answer:
Seasonal vegetables are those vegetables that can not adjust all kind of temperatures. The seasonal vegetables are grown in the natural cycle of seasons when they are most suitable. For example, cauliflower only grows in winter sea
son
Which of these are examples of Security and Protective Services workplaces? Check all that apply.
banks
ski areas
courtrooms
emergency vehicles
beaches
prisons
offices
traffic intersections
Answer:
Banks
Ski areas
beaches
offices
traffic intersections
Explanation:
Thank you brave young man
Examples of Security and Protective Services workplaces:
BanksSki areasbeachesofficestraffic intersectionsWhat is the purpose of security and protective services?Jobs involving the protection of persons or property in public buildings are included in the security and protective services track. Workers may be found at offices, data processing centers, government buildings, museums, retail centers, industries, and other locations.
The positions of juvenile correctional officers, corrections administrators, fire safety officers, police officers, homeland security officers, loss prevention specialists, counter-terrorism officers, and gaming surveillance officers are a few examples of those in the security and protective services industry. Our goal is to safeguard the continuity of the federal government by preventing, protecting against, responding to, and recovering from terrorist attacks and other risks with a presence in every state and territory.
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#SPJ2
What is the naming system developed by carolus linnaeus?.
Answer:
binomial nomenclature
Explanation:
You can just look it up to prove that it is right
What would be an advantage of converting the raw data values to change in absorbance with each time point?.
The advantage of converting a raw data value to change in absorbance which each time point is: it would help in avoiding flawed calculations.
What is raw data?A raw or source data is the data that has not been put to use or has not been processed. It doesn't have an end product like information.
Converting a raw data value to a change absorbance would help us avoid any flawed calculations and would save time.
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Finished goods ______. Multiple choice question. is the same as cost of goods manufactured consists of completed, unsold goods consists of goods that require additional processing before being sold consists of goods that have been sold to customers during the period
Finished goods consist of completed unsold goods which have not been sold to customers.
What is Finished goods?Finished goods refer to completed goods or product that have pass through all the manufacturing process and completed they but have not be sold to the intending consumers.
They are completed processed products.
Therefore, Finished goods consist of completed unsold goods which have not been sold to customers.
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The use of the Certified Public Accountant title is regulated by Question content area bottom Part 1 A. state law through the licensing departments of each state. B. the Securities and Exchange Commission. C. the American Institute of Certified Public Accountants through the licensing departments of the tax and auditing committees. D. the federal government.
Answer:
1.C
Explanation:
tama po yan
(- -) (- -)
✓ ✓
differentiate between nominal figures and real figures
Answer:
Nominal figures are the current monetary values. Real figures are adjusted for inflation and show prices at constant prices.
Explanation: Hope this helps:)
Nominal figures are figures that represent the current price level while real figures have been adjusted for inflation.
What are real and nominal figures?Nominal figures reflects the level of inflation in a country while real figures have been adjusted for inflation. Most economic figures have both real and nominal data.
For example, there is real and nominal interest rate and real and nominal GDP.
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You submit a bid of $125 per room for 60 rooms for two nights. The group's event planner says she will award you the bid
if you come down 12%. What is the new bid to secure the contract?
The new bid to secure the contract is:$13,200.
New bid to secure the contractFirst step is calculate the cost of rooms for two night
Cost=$125 per room×60 rooms×2 night
Cost=$15,000
Second step is to calculate the new bid
New bid=$15,000-(12%×$12,000)
New bid=$15,000-$1,800
New bid=$13,200
Inconclusion the new bid to secure the contract is:$13,200.
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__________ is a measure of the relative mix of a business's variable costs and fixed costs, computed as contribution margin divided by income from operations.
Answer:
activity base (driver)
The advantages of using a franchising strategy to pursue opportunities in foreign markets include:.
The advantages of using a franchising strategy to pursue opportunities in foreign markets include : Having franchisees bear most of the costs and risks of establishing foreign locations and requiring the franchisor to expend only the resources to recruit, train, and support and monitor franchisees.
What is franchising?Franchising is a marketing concept in which when adopted by an organization, can be used as a strategy for business expansion.
The Franchisor is the original business owner who sells the right, intellectual property and use of its business model to use its business name and idea.
Basically, franchise provides the opportunity to buy into a successful business model which has track record, solid supply chain and expert technical support.
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Ahkem is considering buying a new car. He has narrowed his choices down to two models. On a sheet of paper, he begins writing down the positive characteristics of each car and the negative characteristics of each car. He will be using this list to help guide his final decision. In this example, Ahkem is using __________. automatic thinking illogical thinking self-fulfilling thinking controlled thinking
Ahkem is using a controlled thinking when he wrote down the characteristics of each car to help guide his final decision.
What is a controlled thinking?A controlled thinking refers to a kind of thinking process that is slow and sequential which requires effortful attention.
Hence, the controlled thinking is used by him because It allows to reason effectively and come to general conclusion.
Therefore, the Option E is correct.
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A group of friends goes out to lunch and decides to split the bill. Their bill is $32. 50, plus they want to leave a 20% tip. The final amount will be split 4 ways. Hint: This is a multi step problem. First figure out the tip amount. Then add that to the bill. Then divide by 4. Question 4 options: $7. 50 $8. 15 $9. 75 $9. 50.
Answer:
10% of $32.50 is $3.25 so 20% is $6.50
then, $32.50 + $6.50 =$39.00
$39.00 ÷ 4 = $9.75 a piece
Alternative workplaces are intended to a. limit the flexibility employees have in scheduling work. b. accommodate a narrower range of the potential workforce. c. increase company profits. d. enhance employee motivation and performance. e. reduce dependence on key customers.
Alternative workplaces are intended to enhance employee motivation and performance.
What is alternative workplace?Alternative workplace are provisions made b a company to its employees, to carryout their routine duties other than their normal offices. This tends to give freedoms to workers in carrying out their duties.
The purpose of alternative workplace is to break the bond between workplace and work performance.
Hence, alternative workplaces are intended to enhance employee motivation and performance.
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Mr. And Mrs. Yeager want to buy a home valued at $320,000. If they have 15% of this amount saved for a down payment, how much have they saved? a. $480 b. $4,080 c. $4,800 d. $48,000 Please select the best answer from the choices provided A B C D.
A person has just been awarded an income increase to offset the effects of an increase in the overall cost of living in his country. This increment is tied to the consumer price index (CPI), which recently escalated from 110 to 112. What should his new salary be if he was earning $30,000 per year before the increase in the CPI
The person's new salary based on the new CPI of 112 should be $30,545.
What is the consumer price index (CPI)?The Consumer Price Index (CPI) is an aggregate measure of the average price changes over time for a market basket of consumer goods and services. The index is used by businesses, governments, and individuals to gauge the inflation trend in the economy.
Data and Calculations:
Old CPI = 110
New CPI = 112
Old salary = $30,000
New salary = $30,545 ($30,000/110 x 112)
Thus, the person's new salary based on the new CPI of 112 should be $30,545.
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