If Frank is researching the number of those that have gluten or wheat allergies then he is involved in planning.
<h3>What is planning in business?</h3>
In the world of business, planning has to do with the setting of goals and objectives for the business and the various ways that the goals would be achieved.
Planning usually carries most of the ways that the business plans to achieve its set goals and objectives.
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Answer: Option (c) is correct.
Explanation:
Correct option: Unplanned inventory investment.
Unplanned inventory investment is a component of investment spending. The other component of investment spending is planned inventory investment.
Unplanned inventory investment occurs when actual sales are more or less than the company's expected sales which results in unplanned changes occurred in the inventories.
Hence, in the Keynesian-cross model, actual expenditures differ from planned expenditures by the amount of Unplanned inventory investment.
$295,000 is the yearly depreciation using the double-declining-balance method.
The double declining balance approach is predicated on the idea that an asset's value depreciates quickly, faster at the start of its useful life than at the end.
Therefore, we will figure out the straight-line depreciation amount and then double it to figure out the twofold decreasing balance. A $900,000 asset value divided by three years equals $30,000 for the first year. Given that the dropping balance is twofold, the straight-line depreciation amount is multiplied by two.
Straight-line method we would just take the $900,000 minus the $15,000 of salvage value we would depreciate divided by three years, and the straight line charge would be $295,000 for year of the three years.
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Answer:
Debit cost of goods sold $40,000
Explanation:
As with the details of inventory we have:
Opening value of inventory = $50,000
Purchases = $100,000
Thus, total inventory = $150,000
On the closing date we have the balance of inventory in hand = $110,000
Therefore, cost of goods sold = Total inventory - Closing
= $150,000 - $110,000 = $40,000
Cost of goods sold is an expense, and shall be debited.
Answer:
The answer is A. A Self employed person
Explanation:
An entrepreneur is a creative and innovative individual that generates idea and new invention and takes risk relating to a business entity with the hope that it will yield profit.
An entrepreneur manages a business enterprise with usually considerable initiative or risk. Entrepreneurs are self employed and own their business enterprise and bring new products and services to the market by seizing opportunities.
From the explanation of who an entrepreneur is the best possible option is A. A Self employed person
