The business life cycle corresponds to the stages that a business goes through throughout its existence in the market, which are existence, survival of the fittest, success, take-off and maturity. The correct sequence for this question is C B D A E.
<h3>Maturity</h3>
The business is separate from the owner with responsibilities delegated to staff. A business in this stage usually commands a considerable share of the market and may even be a household name.
<h3>Takeoff</h3>
Expansion strategies are implemented, and investment is balanced with potential.
<h3>Existence</h3>
The business introduces itself to the market and attempts to catch the attention of potential customers.
<h3>Success</h3>
Company is stable and profitable.
<h3>Survival of the Fittest</h3>
Focus shifts to revenue, expenses, and growth. Cashflow is the major issue.
Therefore, the business life cycle will help management to manage its resources according to the business phase and make more effective decisions for competitiveness and organizational positioning.
The correct answer is:
C. Maturity
B. Takeoff
D. Existence
A. Success
E. Survival of the Fittest
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Answer:
D. No loss recognized and a reduction in E&P of $200,000
Explanation:
Given that:
- Current and accumulated E&P : $500,000
- A distribution of land to its sole shareholder: $200,000
- E&P basis to Catamount : $250,000
From that, we can see that the current and accumulated E&P is greater than its distribution of land so no loss would be reported so there will be reduction in earning and profits of the company of $200,000.
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Answer:
The remaining part of the question is given below:
(Note that the subsidy can be granted to the education institutions or to the students directly or indirectly; for example, through low- interest student loans.)
a. P2-P0
b. P2-P1
c. P0-P1
d. P1
<u>Correct Answer:</u>
b. P2-P1
Explanation:
A pigouvian subsidy is a subsidy that is used to encourage behaviour that have positive effects on others who are not involved or society at large. <em>Behaviors or actions that are a benefit to others who are not involved in the transaction are called positive externalities.</em>
Answer:
intervene and tell the supervisor you had assumed responsibility for the paperwork and forgot
Explanation:
The golden rule is based on a principle of reciprocity and it states that one should treat others the way they want to be treated.
Different religions overtime have the same principle embedded in their doctrines.
In the given scenario where a coworker told you to compete some work for him before leaving and you failed to do so, when the coworker is being reprimanded you should take responsibility for the paperwork and say you forgot.
This is only fair on your coworker seeing it wasn't his fault the work was not done.
Also when you treat people fairly you can also be expected to be treated fairly too.
Answer:
Total cost= $170,472
Explanation:
Giving the following information:
Direct material= $21,360
Direct labor= $33,600
Variable overhead= $18,000
FIxed overhead= $46,440
Henderson planned to sell 2,000 units during the period, but sold 3,400 units.
First, we need to calculate the unitary variable cost:
Unitary variable cost= total variable cost/number of units
Unitary variable cost= (72,960/2,000)= $36.48
Now, we can calculate the total cost for 3,400 units
Total cost= total fixed cost + total variable cost
Total cost= 46,440 + (36.48*3,400)= $170,472