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jasenka [17]
1 year ago
9

Hugh is interested in making a lot of money. He is a very good salesperson. People tell him he could sell sand in Saudi Arabia!

He is also a very hard worker, and is willing to work a lot of hours to make the kind of money he wants. Hugh should most likely look for the kind of job that is paid
Business
1 answer:
Mila [183]1 year ago
8 0

The type of Job that Hugh has to look for should be the one that can pay him by commission.

<h3>What is a commission?</h3>

This is the money that a person is paid after they have brokered a deal. The commission is the money.

This is the service charge that Hugh is going to charge to his clients whenever he helps them.

Read more on a commission here:

brainly.com/question/957886

#SPJ1

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According to their comparative advantage: a. Wilson should decorate cupcakes and Kendall should decorate cookies. b. Kendall sho
blsea [12.9K]

Answer:

B.

Explanation:

This economic law was recognized by a political economist, David Ricardo in his book, ‘Principles of Political Economy and Taxation’ in 1817.

Comparative advantage refers to the ability of a country to produce particular goods or services at lower opportunity costs as compared to the others in the field.

According to this law, if Kendall is good at decorating cupcakes and Wilson is the best at decorating cookies, then Kendall should decorate cupcakes and Wilson should decorate cookies becuase they can do it with lower costs.

The following are the assumptions of the Ricardian doctrine of comparative advantage:

-There are only two countries, assume A and B.

-Both of them produce the same two commodities, X and Y.

-Labour is the only factor of production.

-The supply of labour is unchanged.

-All labour units are homogeneous.

-Tastes are similar in both countries.

-The labour cost determines the price of the two commodities

-The production of commodities is done under the law of constant costs or returns.

-The two countries trade on the barter system.

-Technological knowledge is unchanged.

-Factors of production are perfectly mobile within each country. However, they are immobile between the two countries.

-Free trade is undertaken between the two countries. Trade barriers and restrictions in the movement of commodities are absent.

-Transport costs are not incurred in carrying trade between the two countries.

-Factors of production are fully employed in both the countries.

-The exchange ratio for the two commodities is the same.

7 0
3 years ago
The ​, ​, and partnership balance sheet reports capital of for ​, for ​, and for . is withdrawing from the firm. The partners ha
mash [69]

Complete Question:

The O'Hara, Parness​​, and Lincoln partnership balance sheet reports capital of $50,000 for O'Hara​, $125,000, for Parness​, and $25,000 for Lincoln.  O'Hara is withdrawing from the firm. The partners have shared profits and losses in the ratio of 1/2 to O'Hara​, 1/4 to ​Parness, and 1/4 to Lincoln. The partnership agreement states that a withdrawing partner will receive cash equal to the book value of his​ partners' equity. Journalize the withdrawal of O'Hara.

Answer:

The O'Hara, Parness​​, and Lincoln Partnership

Journal Entry:

Date      Description                   Debit              Credit

            O'Hara Capital A/c     $50,000

            Cash Account                                       $50,000

To record the withdrawal of O'Hara and his capital interest.

Explanation:

The Partnership of O'Hara, Parness, and Lincoln can use the journal entry as above to record the withdrawal of a partner.  The O'Hara's Capital account previously had a credit balance and cash will be involved in settling O'Hara, the journal entries to complete the withdrawal of O'Hara are a debit to the O'Hara's Capital account and a credit to the Cash account.  This arrangement is in accordance with the partnership agreement.  This is the most important governing law for the partnership and everything or transaction affecting the partnership must be done accordingly.  It is only in the absence of an agreement that the laws or general practise concerning partnership can be applied.

7 0
3 years ago
You are looking to purchase a Tesla Model X sport utility vehicle. The price of the vehicle is $94,000. You negotiate a six-year
natulia [17]

Answer:

Purchase of Tesla Model X Sport Utility Vehicle

The amount of the balloon payment six years from now is:

= $39,322.67.

Explanation:

a) Data and Calculations:

Cost of vehicle = $94,000

Period of loan = 6 years

Terms: No down payment and no monthly payments during the first year.

Monthly payment after the first year = $1,350

Total payments to be made = $104,122.67

The total payments including interest from an online financial calculator:

Payoff: 6 years 5.13 months

You will need to pay $1,350.00 every month for 6 years 5.13 months to payoff the debt.

Monthly Payment $1,350.00

Time Required to Clear Debt 6.43 years

Total of 77.13 Payments $104,122.67

Total Interest $10,122.67

Total monthly payments from second year to fifth year = $64,800 ($1,350 * 48)

Expected balloon payment to cover the remaining principal = $39,322.67 ($1014,122.67 - $64,800)

4 0
3 years ago
PROJECT: UNDERSTANDING THE TENDER OFFER Find one tender offer that was published within the last year and use it to answer the f
Mrrafil [7]

Answer:

The COCA-COLA company

7 0
3 years ago
A mutual fund prospectus contains information about: I. Fund holdings by directors and officers II. Front-end and back-end loads
Sindrei [870]

Answer:

Option A and C

Fund holdings by directors and officers

And

Securities held by the fund at the end of the fiscal year

Explanation:

The mutual funds are the funds invested in the numerous companies which give an average return due to holding of a well diversified investments and well managed by professional financial analysts. These funds includes the investment from the directors, officers, shareholders, etc. It also provides the information about the which securities are held and in what quantity.

3 0
2 years ago
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