On March 1, 20Y8, Eric Keene and Renee Wallace form a partnership. Keene agrees to invest $21,060 in cash and merchandise inventory valued at $56,290. Wallace invests certain business assets at valuations agreed upon, transfers business liabilities, and contributes sufficient cash to bring her total capital to $59,950. Details regarding the book values of the business assets and liabilities, and the agreed valuations, follow:
Wallace’s Ledger Agreed-Upon
Balance Valuation
Accounts Receivable $18,650 $17,770
Allowance for Doubtful Accounts 1,580 1,950
Equipment 83,230 54,190
Accumulated Depreciation 30,260 –
Accounts Payable 14,910 14,910
Notes Payable (current) 35,970 35,970
The partnership agreement includes the following provisions regarding the division of net income: interest on original investments at 10%, salary allowances of $22,660 (Keene) and $30,270 (Wallace), and the remainder equally.
Required:
a. Journalize the entries on March 1 to record the investments of Keene and Wallacein the partnership accounts.
b. Prepare a balance sheet as of March 1, 20Y8, the date of formation of the partnership of Keene and Wallace.
Answers
Answer:
Explanation:
a. The journal entries are shown below:
Cash $21,060
Merchandise inventory $56,290
To Eric Keene's Capital $77,350
(To record investment made)
Accounts receivable $17,770
Equipment $54,190
Cash (Liabilities - Assets) $40,820
To Allowance for doubtful accounts $1,950
To Accounts payable $14,910
To Notes payable (current) $35,970
To Reene Wallace's capital $59,950
(Being capital contribution by Reene wallace is recorded)
2.
KEENE AND WALLACE
Balance Sheet
March 1, 20Y8
Assets
Current Assets
Cash (21,060 + 40,820) $61,880
Accounts Receivable Less Allowance $15,820
Merchandise inventory $56,290
Total current assets $133,990
Property, plant and Equipment
Equipment $54,190 54,190
Total Assets $188,180
Liabilities
Current Liabilities
Accounts Payable $14,910
Notes Payable $35,970
Total liabilities $50,880
Partner's Equity
Eric Keene's capital $77,350
Renee Wallace's capital $59,950
Total partner's equity $137,300
Total liabilities and partner's equity $188,180
Related Questions
Consider the following BPMN diagram:
Answers
If we look at the process model, we can see that Task A is the first task and must always be completed in order for the model to be run. Further observation reveals that because an exclusive gateway is employed, any of the two jobs, B and C, is carried out individually rather than simultaneously. As we continue to move through the BPMN diagram, we see that task M is the conversing task and is therefore always run along with a networks message flow from it to task F, which is done as soon as a message is received in pool 2 and finishes.
An item of networking hardware or software called a gateway is used in telecommunications networks to allow data to go from one distinct network to another.
The way that gateway differ from routers and switches is that they can join various networks using more than one protocol to communicate and that they can function at any of the seven OSI levels.
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Which statement best conveys the bad news of the refusal?
a.We were able to save valuable resources that otherwise might have been spent on keeping out-of-warranty gear in working order and on missing peripherals such as monitors, keyboards, and mice.
b.To ensure compatibility, proper software licensing, and the same useful life of the equipment, we decided to accept only new and complete systems.
c.We regret to inform you that we cannot accept your used computing equipment as much as we appreciate your offer.
Answers
Answer: B
Explanation:proof
Statement of cost of goods manufactured; cost of goods sold
The following data are taken from the general ledger and other records of Valley View Manufacturing Co. on January 31, the end of the first month of operations in the current fiscal year:
Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $75,000
Materials inventory (January 1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25,000
Work in process inventory (January 1) . . . . . . . . . . . . . . . . . . . . . . . 24,000
Finished goods inventory (January 1) . . . . . . . . . . . . . . . . . . . . . . . . 32,000
Materials purchased. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21,000
Direct labor cost. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,000
Factory overhead (including $1,000 of indirect materials used and $3,000 of indirect labor cost) 12,000
Selling and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . 10,000
Inventories at January 31:
Materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22,000
Work in process . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000
Finished goods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30,000
a. Prepare a statement of cost of goods manufactured.
b. Prepare the cost of goods sold section of the income statement.
Answers
a. The cost of goods manufactured in January is $57,000.
b. The cost of goods sold is $59,000.
What is an income statement?An income statement summarises a company's revenue, expenses, and profitability over time. It is also known as a profit-and-loss (P&L) or earnings statement. It demonstrates that you:
revenue from selling goods or services.expenses to produce the revenue & manage your business.Net income (or profit) after expenses.Statement of Cost of Goods Manufactured
For Month Ending January 31
Direct Material: Inventory, January 1 25,000
Purchases 21,000
Total cost of Available Material 46,000
Less Inventory, January 31 22,000
Cost of Material Used 24,000
Less Indirect Material 1,000
Cost of Direct Material used in production 23,000
Direct Labor 18,000
Factory Overhead 12,000
Total Manufacturing Cost in January 53,000
Add Work-in-Progress, January 1 24,000
77,000
Less Work-in-Progress, January 31 20,000
Cost of Goods Manufactured in January 57,000
Thus, the cost of goods manufactured in January is $57,000.
b.
Finished goods inventory, January 132,000
Add cost of goods manufactured 57,000
Goods available for sale 89,000
Less finished goods inventory, January 31 30000
Cost of goods sold 59,000
Therefore, the cost of goods sold is $59,000.
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Austen, the night shift manager of a 24-hour convenience store, would regularly drive his car to the back door, unlock it, and load in a couple of cases of beer, every night. These cases of beer were marked down for no apparent reason, and Austen paid the reduced price. Is Austen setting a good example for his employees
Answers
Answer:
bro
Explanation:
I need the answer please help
Answers
As given that the taxable state income for the year is $70,000, the applicable tax rate is 5.5%, thus, the tax payable is $3,850.
What does a progressive tax means?A progressive tax is one in which the tax rate rises in proportion to the taxable amount. The term progressive refers to the manner in which the tax rate rises from low to high, resulting in a taxpayer's average tax rate being less than the person's marginal tax rate. The term can refer to either individual taxes or an entire tax system.
We are given that the taxable state income for the year is $70,000. Note that for this salary range, the tax rate of 5.5% is applicable.
Tax payable is computed as:
= $70,000 * 5.5%
= $3,850
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Which of the following explains the policyowner's rights to change beneficiaries, choose options, and receive proceeds of a policy? A. The Entire Contract Provision B. The Consideration Clause C. Assignment Rights D. Owner's Rights
Answers
The policy owner's rights to change beneficiaries, choose options and receive proceeds of a policy are the Owner's Rights.
What are Owner's Rights?
The "Owner's Rights" clause in a life insurance policy outlines the policyowner's rights and responsibilities, including their ability to change beneficiaries, choose options and receive proceeds of the policy. These rights may be subject to the terms and conditions outlined in the policy's contract. These rights give the policyowner control over their policy and ensure that they are able to use it in the way that best suits their needs.
Hence, the answer is, the policy owner's rights to change beneficiaries, choose options and receive proceeds of a policy are the Owner's Rights.
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Theories of Work Motivation Your Company provides diversity training programs to ensure that employees realize the importance of working with a diverse workforce, are aware of the equal employment opportunity legislation, and are capable of addressing the challenges of working in a multicultural workforce. Participation in these programs is mandatory, and employees are required to take the training as many times as needed until they pass. The training program lasts one day and is usually conducted in a nice hotel outside the workplace. Employees are paid for the time they spend in the training program. You realise that employees are not motivated to perform well in this program. During the training, they put in the minimum level of effort, and most participants fail the examination given at the conclusion of the training program and then have to retake the training. Adapted from:
Question 1 Instructions: This assignment should be submitted as an essay and include the following:
a. A definition of process theories of work motivation.
b. Use expectancy and reinforcement theories, and explain four reasons (supported by the literature) why the employees may not be motivated to perform well in the training program.
c. Suggest improvements in the program so that employees are motivated to understand the material, pass the examination, and apply the material in the workplace.
Answers
Work motivation is said to emanate from with an employee who is with a passion and desire in order to work and produce the desired results. So, the work motivation theory is the study in order to understand what drives a person to work towards a particular goal or outcome.
Suppose if an employee has piles of work which is already stacked on their desk, such things that are already there will take precedence over training. So, while developing their skills with work motivation will benefit them more in the long run.
There are certain ways in order to motivate employees to engage in a training program, which are, by making training a practical and job-relevant. make training a company priority, by employing gamification strategies, etc.
Hence, through this, employees will be motivated to understand the material, pass the examination, and apply the material in the workplace.
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Company XYZ calculated its current and deferred income tax provisions utilizing the current
• Federal tax rate-21%
. State 1 tax rate- 7.2%
• State 1 apportionment factor- 40%
. State 2 tax rate- 4.8%
• State 2 apportionment factor-55%
There are no other states that are relevant to the Company's provision for the current year.
You are auditing the current tax provision for the current year. What needs to be tested and documented and/or discussed with management as it
relates to these rates?
1) The federal income tax rate independently agreed to the appropriate IRS tax rate at IRS.gov.
II) The state income tax rates independently agreed to the relevant state taxing authorities' websites.
III) The state apportionment factors tested for accuracy based on state level taxable income.
IV) The state apportionment factors should total 100% and thus inquiries of management should be performed regarding remaining state income.
V) The rates utilized in the provision should be those expected in future years and thus test the appropriateness of management's assumption that
current year rates project future year rates, including apportionment factors.
Answer the question, then select Confirm.
A. I, II, III, IV
B. I, II, III
O C. I, II, III, IV, V
D. LII
Answers
Company XYZ computed its current and deferred income tax provisions in the preceding question using current year income tax rates such as the Federal tax rate, State tax rate, and State apportionment factor.
As an auditor for the current year, it is necessary to test, document, and/or discuss all of those rates with management. As a result, all of the preceding points l, II, III, IV, and V were to be tested, recorded, and/or reviewed with management. Hence the correct option is C.
Who is an Auditor?An auditor is a qualified individual who checks and confirms the correctness of financial documents and ensures that businesses adhere to tax regulations.
Their major goal is to safeguard firms against fraud, as well as to reveal any anomalies in accounting processes.
What is the role of an auditor?In order to avoid fraudulent or unethical activities, the auditor must also determine whether or not a financial history is accurate and true.
Auditors adhere to national accounting industry standards in order to give the most accurate recommendations for various sectors of business.
To perform these investigations, an auditor may collaborate with a team of employees within a business.
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If required reserve ratio is 10 percent what is the monetary multiplier
Answers
Answer:
10
Explanation:
If the reserve requirement is 10%, then the money supply reserve multiplier is 10 and the money supply should be 10 times reserves. When a reserve requirement is 10%, this also means that a bank can lend 90% of its deposits.
Advantages
OF quantitative approach of
Management
Answers
Answer:
Quantitative approach of Management refers to a managerial technique that relied on rigid calculations (such as statistics or computer simulations) in order to improve the decision making.
Here are the advantages:
- The decision making process occurred a lot quicker since the managers can relied on computers to analyze all the relevant factors
- Cost benefit analysis can be more accurate since it completely disregard the personal biases of the manager.
- Results between each decisions implementation can be measures easily since it's displayed on numerical value.
What factors do you think are most important to luxury buyers?
Brand
price
Quality
Label
Answers
Answer:
I think Quality is most important to luxury buyers.
The Brand that luxury product offer is the most important to the buyer.
Luxury buyers, basically buy for themselves or others to feel good and majority of the purchase are often impulsive.
The pleasure received in anticipation of the purchase of luxury is the main reason why buyer loves buying not majorly because of the quality, value or enhanced features offered that the product offered.In conclusion, because of unique brand, luxury goods are usually expensive and less purchased by common people, thus, the situation makes the luxury product a strong preference for the buyers.
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Suppose that in a certain country called Litigia, patients do not have the legal right to sue their medical insurance providers.
Now, suppose, however, that Litigia's government passes legislation that no longer protects medical insurance providers from lawsuits, so that patients in Litigia can now sue their insurance providers.
After the legislation is passed, what will happen to the price of medical insurance and the number of medical insurance policies sold?
The price will decrease, and the number of medical insurance policies sold will also decrease.
The price will increase, while the number of medical insurance policies sold will decrease.
The price will decrease, while the number of medical insurance policies sold will increase.
The price will increase, and the number of medical insurance policies sold will also increase.
Answers
C) The price will decrease, while the number of medical insurance policies sold will increase.
What is legislation?Legislation is the process by which local, state, or federal legislatures draft and enact laws. It is occasionally used to refer to municipal ordinances as well as the rules and regulations passed by administrative bodies while they were performing their delegated legislative duties.
The legislation involves participation from the executive branch in addition to action by a legislative body. Unless the executive's veto is overridden by a large enough majority in each house of the legislature, legislation cannot become law without the executive's concurrence. Additionally, the executive's job involves much more than just consent or opposition.
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reasons why in business,staff are restricted to communicate with press?
Answers
Answer:
Limited communication media can force employees to deliver messages using ineffective methods. Inappropriate upward communication tools can create confusion
Explanation:
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Answers
Using the appropriate tool from the Accountant Tools menu, the 4 options that can be batch reclassified in QuickBooks Online Accountant are options A, B, C and F:
ClassesCustomersProducts and ServicesAccountWhat is QuickBooks Online Accountant?In the above question, too batch reclassify these items, you can use the "Batch Reclassify Transactions" tool, which can be found under the Accountant Tools menu.
This tool allows you to select multiple transactions and reclassify them to a different account, class, customer, or product/service.
Therefore, Locations, tax codes, and suppliers cannot be batch reclassified using this tool. However, you can edit individual transactions to change their location, tax code, or supplier if necessary.
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See full question below
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Classes
Customers
Products and Services
Locations
Tax Code
Account
Suppliers
NEED HELP ASAP
In the circular flow diagram with government, what does the government provide directly to firms?
A. expenditures
B. factors of production
C. taxes
D. goods and services
Answers
In the circular flow diagram, the government provides goods and services directly to firms. The correct option is D.
In the circular flow diagram, the government provides goods and services directly to firms. This is represented by the flow of resources from the government sector to the business sector.
The government plays a significant role in the economy by providing public goods and services that are necessary for the functioning of the society as a whole.
Public goods include infrastructure projects like roads, bridges, and public utilities, as well as services such as defense, law enforcement, and education.
These goods and services are not typically provided by private firms, so the government steps in to ensure their provision.
By supplying goods and services directly to firms, the government facilitates the production process and supports the overall functioning of the economy.
This enables businesses to operate efficiently and effectively, contributing to economic growth and development.
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5. Fill the range C6:G10 with the formatting from the range B6:B10 to use a consistent number format for the sales data.
Answers
One of the most beneficial number formats is the proportion (%) format. It shows values as percentages, such as 20% or 55%. This is specially useful when calculating matters like the value of income tax or a tip.
What is a sales tax number?A income tax ID is a range supplied to you through your country tax authority after you register with them to gather taxes. This number is issued by using states to permit you to cost taxes there. You want a sales tax ID variety solely if you determine that you want to cost taxes in a unique state.
GSTIN is the Goods and Services Tax Identification Number. It is a tax registration range that comes under the Goods and Services Tax (GST). This is a 15-digit number that is assigned state-wise to every taxpayer.
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https://brainly.com/question/28485799#SPJ1The Reverend Petros receives an annual salary of 51,000 as full-time minister this includes 5000 designated as a rental allowance River and Pedro is not exempt from employment tax how much must he include figuring that income for self-employed tax
Answers
If the Reverend Petros receives an annual salary of 51,000 as full-time minister that includes 5000 designated as a rental allowance. The amount that must be include figuring that income for self-employed tax is : $51,000.
What is annual salary?Annual salary can be defined as the amount a person earn as salary per year.
On the other hand self employed tax can be defined as the tax a person that is solely working for his/her self without working for any other person remit to the government.
Therefore the amount that must be include figuring that income for self-employed tax is the amount of $51,000.
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How does Apple Inc. demonstrate the importance of the mission and vision to employees and stakeholders?
Answers
Jack went to the ABC Casino to gamble. ABC offers its customers one free spin of the Million Dollar Wheel if they fill out an application form. Jack filled out the form, spun the Million Dollar Wheel, and won. However, now ABC refuses to pay, claiming that because Jack did not purchase his chance at the Million Dollar Wheel, Jack gave no consideration and therefore, no contract was formed. Identify the accurate statement.
A. No contract was formed because Jack paid no money for his chance at the Million Dollar Wheel.
B. No contract was formed because ABC did not sign any written contract as an obligation to do so.
C. A contract was formed because filling out an application can constitute legal consideration.
D. A contract was formed because no consideration is needed when a customer takes advantage of a "free" offer.
Answers
Answer:
C. A contract was formed because filling out an application can constitute legal consideration.
Explanation:
I personally Think this because if you think about it , he didn't pay , which doesn't matter because its "free" but maybe they just named it the million dollar wheel for a better name , or they were using it for customers , but if he had won and received yet nothing than he is able to file a contract because therefore they lied to him and therefore that's a illegal thing for a company who is allowing to spin a wheel for reward and if he won than he should get what he won , therefore the answer is = C
Based on the information in the case, LeasePlan implemented changes to mitigate which diversity barrier?
Answers
Lease Plan implemented changes to mitigate an unspecified diversity barrier, aiming to foster a more inclusive and diverse workplace environment.
Based on the limited information provided in the case, it is not possible to definitively determine the specific diversity barrier that LeasePlan implemented changes to mitigate.
However, LeasePlan's implementation of changes suggests a proactive approach toward fostering diversity and inclusion within the organization.
LeasePlan may have implemented measures to address barriers such as gender inequality, racial or ethnic bias, age discrimination, or other forms of systemic barriers that impede equal opportunities for diverse individuals.
Possible initiatives could include implementing inclusive hiring practices, establishing diversity training programs, creating employee resource groups, promoting diversity in leadership positions, or enhancing workplace policies to ensure fair treatment and equal opportunities for all employees.
To provide a more accurate and comprehensive answer, additional details about the specific changes implemented by LeasePlan and the context of the diversity barriers would be necessary.
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Match each concept to its definition.
Tiles
cohort analysis
VALS
concept testing
posttesting
Pairs
quality check before product development
arrowBoth
marketers use psychographic data to categorize consumers
arrowBoth
analysis based on consumers’ generation
arrowBoth
evaluation of recall and recognition of an advertisement
Answers
The concept with its definition:
Tiles: Quality check before product developmentCohort analysis: Both evaluation of recall and recognition of an advertisementVALS: Both marketers use psychographic data to categorize consumersConcept testing: Both analysis based on consumers' generationPosttesting: Evaluation of recall and recognition of an advertisementTiles: A concept in marketing that refers to the small, square ceramic or stone pieces used for covering surfaces such as floors and walls. It is commonly used in interior design and construction projects to create visually appealing and durable surfaces.
Cohort analysis: A statistical technique used in marketing and analytics to group individuals into specific segments or cohorts based on shared characteristics or behaviors.
VALS: An acronym for Values and Lifestyles, VALS is a psychographic segmentation tool used in marketing research to categorize consumers based on their values, motivations, and lifestyles.
Concept testing: A research method used in marketing to assess the viability and potential success of a new product or idea before it is launched.
Posttesting: The evaluation of an advertisement or marketing campaign after it has been launched to assess its effectiveness and impact on the target audience.
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Which of the following scenarios BEST illustrates the role of money as a medium of exchange?
A
Jane writes a $600 check to pay her rent.
B
Jane has a $500 balance on her credit card.
C
Jane puts 5% of her income into savings each month.
D
Jane uses her investments as collateral for a business loan.
Answers
Answer:it’s A
Explanation: I just took a test with this question
Scenarios that best illustrates the role of money as a medium of exchange is Jane writes a $600 check to pay her rent. Option (a) is correct.
What do you mean by Exchange?Giving or receiving something in exchange for another is known as an exchange.
As a means of exchange, money makes transactions for goods and services easier. Producers trade money for the products they sell to wholesalers. Retailers then sell the goods to consumers in exchange for money from wholesalers, who in turn sell their products to them.
The first function of money is that it is a medium of trade, which implies that it works as a go-between for buyers and sellers. The accountant now trades accounting services for money instead of shoes when they were first introduced.
Therefore, Option (a) is correct. Scenarios that best illustrates the role of money as a medium of exchange is Jane writes a $600 check to pay her rent.
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Angela works as an accountant in a US-based law firm. She has calculated that her business’s tax liability for the previous financial year is $78,200. What is the net profit of the law firm being taxed here?
Answers
The answer is $400,000.
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Question 10 of 10
Adjusting entries are recorded __ of an accounting period
A. in the beginning
B. on the third day
C. in the first week
D. at the end
of an accounting period.
SUBMIT
Answers
Adjusting entries are recorded at the end of an accounting period.
Adjusting entries are made on top of an accounting duration to properly account for earnings and fees no longer yet recorded to your well-known ledger and have to be completed previous to remaining the accounting period. Adjustment intervals are additional periods that might be related to everyday durations from the source. An adjustment period refers to any accounting length installation to modify balances previous to the final length of the twelve months.
Adjusting entries are made on the giving up of the accounting duration to record all sales and expenses that have now not been recorded but belong within the modern-day period. They update the stability sheet and profits statement bills at the end of the accounting length. Adjusting magazine access is usually made at the end of an accounting duration to understand earnings or fees within the length that its miles incurred. it's far a result of accrual accounting and follows the matching and sales reputation concepts.
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the following balance where extracted from the book of Alfsal, a sole trader as at 31/12/2014 capital 198000 ,drawing 10700, building 300000, office equipment (cost le 22000) 15000, patent 24000, delivery van at cost63000, Accumulated depreciation delivery vans 14000, stock 01/01/2014 29000, sale485,000, purchase 196000, return outward 5300, return inward 17000, creditor 21900, debtor 34800, discount received 1400, wages and salaries 105,000, general expenses 13000,stationary 4800, tem loan(received on 01/04/2014) 50,000. vat 17300. provision for bad debts 2500. Advertising 5700. insurance 9,000. loan interest paid 1,000. bank42,600. PRSI/USU 10,200. profit and loss balance 01/01/2014 65,000. you are given the following aditional information: stock for resale at 31/12/2014 was le 19,000. stationary paid in advance was le 1,200. provision should be made for interest due on loan. the rate of interest is 6%per annum. wages and salaries are to be divided 75%for employees and drawings. building 10% of cost. delivery van 10% of net book value. office equipment 20% of cost. provision for bad debts is to be adjusted to 10% of debtors . you are required to prepare a trading and profit and loss account for the year ended 31/ 12/2014. balance sheet as at 31/12/2014.
Answers
Here is the trading and profit and loss account for the year ended 31/12/2014:
The Trading and Profit and Loss AccountFor the year ended 31/12/2014
Particulars Amount
Sales €485,000
Less: Cost of Goods Sold €196,000
Gross Profit €289,000
Less: Expenses
- Wages and Salaries (75%) €78,750
- General Expenses €13,000
- Stationary €4,800
- VAT €17,300
- Provision for Bad Debts €3,480
- Advertising €5,700
- Insurance €9,000
- Loan Interest €600
- PRSI/USU €10,200
Net Profit €157,370
Here is the balance sheet as at 31/12/2014:
Balance Sheet
As at 31/12/2014
Assets Liabilities
Cash €42,600
Bank €1,200
Debtors €34,800
Stock €19,000
Capital €213,570
Drawings €10,700
Building €300,000
Office Equipment €15,000
Patent €24,000
Delivery Vans €49,000
Accumulated Depreciation €28,000
Provision for Bad Debts €3,730
Loan €50,000
Profit and Loss €157,370
Total €618,570
Total €618,570
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Which of the factors of production will the company need to address most closely when making its decision to
expand?
Oland
O capital
O land and labor
O labor and capital
Answers
Answer:
O labor and capital?
Explanation:
The factors of production will the company need to address most closely when making its decision to expand are labour and capital.
What is production?Production refers to the process of creating or manufacturing goods and services to meet consumer demand. It involves transforming raw materials and other inputs into finished products through a series of steps or stages, such as design, procurement, manufacturing, and distribution.
The goal of production is to create goods and services that are of high quality, affordable, and available in sufficient quantities to meet the needs and wants of consumers.
The production process typically involves a variety of factors, including the availability of resources and technology, the skills and expertise of the workforce, and the overall efficiency and effectiveness of the production system.
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How long does it take most dishes to air dry
Answers
Explanation:
Half of them were air-dried for 24 hours, while half were stacked while wet. "No significant difference was found between air-dried and and wet-nested plates in the first 24 hours, but a significant difference was found after 48 hours,"
what is business ?please explain about it
Answers
Answer: business can be defined as an organization dedicated to do commercial and professional activities.
Explanation:
The word business can also be defined as the activities and efforts that a person makes in order to produce money. To do this, the person creates products or sells services to obtain a reward.
Currently, many people are taking the line of entrepreneurship, where they put their own businesses and become their bosses. They themselves develop their model of how they are going to distribute and market the products or services they have so that they reach the population.
The business is something that comes from ancient times. Barter was a way of doing business since if a person was interested in something that another had, they proceeded to make an exchange.
Which of the following is most likely to happen if a borrower fails to make
payments on time?
A. The borrower's credit score will decrease.
B. The lender will charge a lower interest rate.
C. The lender will increase the credit limit.
D. The borrower's creditworthiness will improve.
Answers
A. The borrower's credit score will decrease.
Answer:
A. The borrower's credit score will decrease.
Explanation:
how a commitment to a decision could assist a school leaver to adapt to the change of entrepreneurship?
Answers
Answer:
the commitment to a decision would help the school leaver to focus on a particular goal of entrepreneurship
A commitment to a decision would help a school leaver because it would make them less likely to give up.
When a school leaver first goes into entrepreneurship, things can be very difficult and they might face to urge to give up a lot of times.
If they make a decision to commit to the business however, this can give them the willpower to keep going even when things are tough.
In conclusion, it helps them persevere.
Find out more on entrepreneurship at https://brainly.com/question/353543.