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1 year ago

What factors refer to rules and regulations that businesses must abide by

1 answer:

7 0

No matter what kind of operation you intend to run, there are a number of rules to take into account when beginning a business, including taxes, labor, employment, antitrust, advertising, environmental restrictions, privacy, and licenses.

<h3>What do business regulations entail?</h3>

Federal rules and statutes that safeguard businesses and the public interest are known as government business regulations. Small enterprises might use these restrictions to aid in their expansion. If you run a construction company, for instance, government rules might mandate the use of specific safety equipment on the job site.

<h3>Why is regulating business so crucial?</h3>

To advance the economic and social wellbeing of private sector enterprises, governments create laws and regulations. In addition to protecting consumers, workers, and the environment, regulations are in place to support a just and competitive market.

Learn more about business regulations: brainly.com/question/1303161

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Anna Jonas owns a manufacturing firm in Indonesia and strongly believes that it is important that workers' rights be respected.

blagie [28]

Answer: COGNITIVE DISSONANCE

Explanation: Cognitive dissonance refers to a mental state in which a person holds two or more values or beliefs that are contradicting with each other. Such individuals changes their values according to the situation.

In the given case, Anna Jonas strongly believes that rights of workers should be supported but when her firm got into distress she herself violated them.

Hence from the above we can conclude that she is most likely be experiencing cognitive dissonance.

4 0

4 years ago

Which of the following items is not a part of planning?

Savatey [412]

E. Objectional plan is the answer

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3 years ago

Read 2 more answers

You want to be able to withdraw the specified amount periodically from a payout annuity with the given terms. Find how much the

SpyIntel [72]

The question is incomplete. The complete question is :

You want to be able to withdraw the specified amount periodically from a payout annuity with the given terms. Find how much the account needs to hold to make this possible. Round your answer to the nearest dollar.

Regular withdrawal $ 2200

Interest rate 2%

Frequency Monthly

Time 20 years

Solution :

Given :

Monthly withdrawal = $ 2200

Interest rate = 2%

Frequency = monthly

Time = 20 years

= 20 x 12 = 240 months

Formula used :

$w=\frac{[PZ^{r-1}(Z-1)]}{[Z^Y-1]}$ with Z = 1 + r

where, w = monthly withdrawal

P = principal amount

r = monthly interest rate

Y = Number of months

So, w = 2200

r = 2% = 0.02

Z = 1 + r

= 1 + 0.02 = 1.02

Y = 240

Therefore,

$2200=\frac{P(1.02)^{240-1}(1.02-1)}{(1.02)^{240-1}(1.02-1)}$

$P=\frac{2200(115.888-1)}{113.6164(0.02)}$

= 111,231829

≈ 111,232 (rounding off)

Thus, the account balance = $ 111,232

3 0

3 years ago

Calculate Payroll An employee earns $44 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. Assume th

Ket [755]

Answer:

The correct answer for option (a) is $3,080 and for option (b) is $2,141.

Explanation:

(a). Current pay = $44

After 40 hours, Pay = $44 × 1.5 = $66

So, we can calculate the gross pay by using following formula:

Gross pay = (40 hours × $44 ) + (20 hours × $66)

= $1,760 + $1,320

= $3,080

(b).

Security Tax = Gross pay × 6% = $3,080 × 6% = $184.8

Medicare Tax = Gross pay × 1.5% = $3,080 × 1.5% = $46.2

Federal Income Tax = $708

So, we can calculate the net pay by using following formula:

Net Pay = $3,080 - $184.8 - $46.2 - $708

= $2,141

3 0

3 years ago

On January 1, Year 1, the Accounts Receivable balance was $32,900 and the balance in the Allowance for Doubtful Accounts was $4,

Sunny_sXe [5.5K]

Answer:

$28,800

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

When the write off is done,

The Accounts Receivable balance = $32,900 - $1,210

= $31,690

Th allowance for doubtful debt account = $4,100 - $1,210

= $2,890

the net realizable value of accounts receivable immediately after the write-off is the difference between the accounts receivable and the allowance for doubtful debt account after writeoff

= $31,690 - $2,890

= $28,800

7 0

3 years ago