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2 years ago

Deciding what form of business to create is one of the ______ important decisions a business makes.

Business

1 answer:

Rus_ich [418]2 years ago

7 0

One of the most crucial decisions a business takes is the type of business to establish.

One of the primary choices you’ll make as a trade proprietors is how your business will be organized.
You would like to know the preferencesand disadvantages of each of the different forms of trade organization to create beyond any doubt you make the correct decision for your modern business.
All businesses must receive a few legitimate setup that characterizes the rights and liabilities of members within the business’s possession, control, individual liability, lifespan and budgetary structure.
The frame of commerce decides which salary assess return frame to record and the company’s and owner’s legitimate liabilities.
This may be a huge choice business that has long-term suggestions, so on the off chance that you’re uncertain of which frame of commerce is best for your company, counsel a proficient.

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Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $28,000. The estimated useful life was

jeyben [28]

Answer:

You get the highest net income in year 2 with Units-of-production method.

Explanation:

Schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods is attached.

Straight-line 

Depreciation expense 2nd year=$5.000=(Original Value -Residual Value)/Useful life

Units-of-production 

Units of Production Rate=2.5=(Original Value -Residual Value)/estimated productive life

Depreciation expense 2nd year= 7250

 Double-declining-balance. 

Depreciation rate 20,00% 1/useful life *100

Depreciation expense 2nd year= 6720

Download xlsx

6 0

4 years ago

There may be a great deal of interaction between a service provider and a consumer in which they co-create value together. In su

fomenos

Answer:

Inseparability

Explanation:

Inseparability is one of the key principles in properly understanding the concept of service quality delivery. Service Quality is a phenomenon which seeks to determine, evaluate and critically look into how service delivered tow in line with the clients' expectations and objectives.

Evidently, and in a bid to co-create value, there is often a great deal of interaction between a service provider and a consumer. Suffix to say, the consumer here could be an individual or a body corporate.

A good service quality delivery is hinged on the skills, abilities and competencies of parties involved. The implication of the foregoing is that the end product of an exercise and in this case - value creation, is proportionate to the abilities and skills the individuals involved are bringing on board.

When service is been provided and expectations fall short, what I would do as a rational consumer is to match the provider of the service with the service provided. In this case, evaluation, rating and critical appraisal will be solely placed on the service provider. A consistent good service quality delivery by a particular service provider is enough to buy me over by the said provider, as it would have been established, through the service provider's track record, that good service quality delivery is its hallmark. Hence, more often than not, we say a client expectations of a product or service is inseparable to the product or service provider.

4 0

4 years ago

Read the description of following adjustments that are required at the end of the accounting period for Paulo Consulting Service

exis [7]

Answer:

A. Equipment was purchased on January 1, 2019, for $49,770 and has an estimated useful life of 5 years with a salvage value of 4,270.

Depreciation is computed using the straight-line method.

depreciation expense per year = ($49,770 - $4,270) / 5 years = $9,100

depreciation expense per month = $9,100 / 12 = $758.33

January 31, 2019, depreciation expense

Dr Depreciation expense 758.33

Cr Accumulated depreciation - equipment 758.33

B. Signed a 5-month contract for $5,490 of prepaid advertising on January 1, 2019.

advertising expense per month = $5,490 / 5 = $1,098

January 31, 2019, advertising expense

Dr Advertising expense 1,098

Cr Prepaid advertising 1,098

C. Prepaid rent for the year on January 1, 2019, in the amount of 22,560.

rent expense per year = $22,560 / 12 = $1,880

January 31, 2019, rent expense

Dr Rent expense 1,880

Cr Prepaid rent 1,880

D. Purchased supplies for $4,200 on January 1, 2019. Inventory of supplies was $2,850 on January 31, 2019.

supplies expense = $4,200 - $2,850 = $1,350

January 31, 2019, supplies expense

Dr Supplies expense 1,350

Cr Supplies 1,350

8 0

3 years ago

Top managers creating a mission statement and functional employees determining the content of a script for a sales call are both

Marizza181 [45]

Answer:

c. product level

Explanation:

4 0

2 years ago

Bob is working for a bank. he earns $8.00 an hour, works 40 hours a week, and gets paid every 2 weeks. every pay period he pays

Alex787 [66]

Bob gets paid 8*40= $320 a week - $63.08 = $256.92 - $33.21 = $223.71 - $42.05 = $181.66. Therefore Bob's net pay on his paycheck is $181.66.

4 0

3 years ago