Human risks are anything a person could do to make you lose money or do poorly like cancelling appointments last minute and leaving negative online reviews.
Natural risks are forces of nature that could cause problems such as if a storm floods the doggy day care.
Economic risks are changes in the economy, so if there is a recession more people will stop wanting to pay for doggy daycare to save their money.
Answer:
<h2>The correct answer in this case,would be the fourth option mentioned in the answer choices or create goodwill for the company. </h2>
Explanation:
- A specialty offered by any business basically implies creating a high and positive value for the customers on the basis of the customer needs and convenience.
- A specialty based business focuses on selling specific products and services instead of wholesale or bulk/large quantity selling and hence,it emphasizes more on product or service specialization.
- Royalty based businesses provide better and more convenient shopping or buying experience for the customers including personalized shopping,better customer service,specialized focus on individual customers,consistent and timely post consumption or purchase follow up,obtaining a more detailed and specific product or service related information by the customers and so on.
- Therefore,royalty based business can generate positive goodwill and market reputation through providence of a much more specialized and focused customer oriented service.
Answer:
Orion Flour Mills Journal entry
Dr Equipment 62,400
Dr Prepaid Insurance 500
Cr Cash 2,900
Cr Accounts Payable 60,000
Explanation:
Calculation for cost of equipment
Purchase price 55,000
Add: Sales tax 5,000
Add: Shipment of machine 800
Add: Installation 1,600
Total Cost of Equipment 62,400
Calculation for Cash
Shipment of machine 800
Add Insurance on the machine for the first year 500
Add Installation 1,600
Total Cash 2,900
Calculation for Accounts Payable
Purchase price 55,000
Add: Sales tax 5,000
Total Account payable 60,000
Answer:
Option B is correct one.
<u>$8,000 LTCG</u>
Explanation:
The company makes 2019 distributions to Tim of $8,000. Tim reports a(n) <u>$8,000 LTCG.</u>
It is held more than one year. LTCG will be the distribution over the stock basis. Here the stock basis is 0.
Answer: Business cycles occur in free enterprise systems because all economic factors are determined by the market.
Explanation: The economic decisions that are determined by the market are price, production and consumption. Price refers to the price of the good or service being sold. Production refers to the amount of items that are produced and how production lines are focused. Consumption is used to describe how much of something is being used by another person.
