Explanation:
The preparation of the year-end income statement for Fighting Okra Cooking Services is presented below:
Fighting Okra Cooking Services
Income statement
As on December 31
Revenue
Service revenue $78,500
Total revenues $78,500 (A)
Less: Expenses
Postage expense $1,500
Legal fees expense $2,600
Rent expense $21,000
Salaries expense $22,000
Supplies expense $20,000
Total expenses $67,100 (B)
Net income $11,400 (A- B)
Answer:
In this case, the Nature of the business is "Food and Beverage". This kind of firm when tries for international business firstly has to focus on the "Cultural Side" of the country they want to the expansion of the business.
Every organization has its nature and methodologies of working for earning profits. So, when it comes to earning through the "Food and Beverage" area of the market one must be aware of the cultural impact area on the people and their food habits.
So, the investors, I would like to focus on the vision, mission, and message the Caffè Gustoso's provides to the customers and the market competitors.
Digital Technology and AI boom has completely transformed the job market and its effects have by now stabilized.
Explanation:
Manual jobs in general are declining as automate work becomes more affordable. This means that working in factories and day to day menial labor goes less in demand.
<u>Jobs in the AI, robotics and engineering sectors have been on a boom but as AI progresses and more and more information goes digital, Linguistics has also come into play with programming.</u>
These jobs are only going to be more in demand as the time goes on.
Answer:
Jones purchases a six-pack of cola once a week for his two children, but unlike Smith, he tells them that each may drink no more than three cans.
Explanation:
Cost-benefit analysis is defined as a method to estimate all the costs involved and possible profits that can be achieved in a business opportunity.
Jones purchases a six-pack of cola once a week for his two children, but unlike Smith, he tells them that each may drink no more than three cans.
So, at Smith's house, there's always a chance that one of the siblings will drink the cola before the other.
Therefore,
cola can lasts much longer at Jones's house than at Smith's.
