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konstantin123 [22]
3 years ago
13

what is the key incentive that drives business owners to make sure their firms are operating at their highest level of efficienc

y?​
Business
2 answers:
Olegator [25]3 years ago
6 0

Answer:

The reason would be profit.

Explanation:

The main incentive that leads entrepreneurs to ensure that their companies operate with the highest level of efficiency is profit. This is because when a company offers a product and / or provides a service efficiently, customers are more satisfied and can turn to that company more often, in addition to referring them to acquaintances, causing the number of customers of that company to increase. All customers will pay for the product and the service, this will make the company generate an increasing profit that will allow the company to grow more and more.

Kitty [74]3 years ago
5 0

profit motive - improve material well being

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Eventually, Wallace expects that domestic production of the mousetrap will cease altogether. This would happen in the ________ s
jok3333 [9.3K]

Answer:

Maturing product

Explanation:

A product goes through four stages in its life, introduction, growth, maturity and decline. It is during the maturity stage that sales drop as the product has reached almost everywhere. Consumers have accepted the product and now there is no further scope of reach.

Here, mousetrap production is expected to stop indicating that it has entered maturity stage of its life cycle. So, it's a maturing product.

4 0
3 years ago
On January 2, 2016, Alpha Corporation procured new equipment with an issue of 5,000 shares of $4.00 par value common stock. The
ruslelena [56]

Answer:

The answer is

2 January

Dr: Equipment $48,750

Cr: ordinary shares $20,000

Cr: Paid in capital in excess

of par - ordinary shares $28,750

Explanation:

Cost of the equipment is:

5,000 shares x $9.75 per share

=$48,750.

Common stock (equity) is:

5,000 shares x $4.00 face value

=$20,000

Paid in capital in far more than par - ordinary shares is:

$48,750 - $20,000

=$28,750

2 January

Dr: Equipment $48,750

Cr: ordinary shares $20,000

Cr: Paid in capital in excess

of par - ordinary shares $28,750

8 0
3 years ago
Which of the following statements best describes accounting for a partnership?
svetlana [45]

Answer:

B. A partnership may use federal income tax rules to account for transactions in their journals and ledger accounts.

Explanation:

There is a lot of difference in accounting of normal partnership firms and that of non profit organisations.

Simply a partnership firm cannot be formed as a non profit entity.

A partnership can use any federal laws in compliance and do accounting entries in accordance with them.

The partnership equity section only contains partner's capital account as there are no retained earnings section.

Partnership's do not pay dividend, and if it does it is not limited to money.

7 0
3 years ago
Cabell Products is a division of a major corporation. Last year the division had total sales of $25,720,000, net operating incom
timurjin [86]

The minimum rate of return demanded by the firm is 12%. The closest turnover in the division is 4.02. Here option B is the correct answer.

A company's turnover is the total of its sales during a specific time period. It is sometimes referred to as "income" or "gross revenue."

The typical quantity of assets required to carry out continuing business activities is referred to as average operational assets. This number may be incorporated into the operational assets ratio, which evaluates how much of these assets make up overall assets owned by a company.

Divide the total number of separations that took place within the specified time period by the average number of employees to get your turnover rate. To express that amount as a percentage, multiply it by 100.

Turnover = Sales/Average operating assets

= 25720000/6400000

Turnover = 4.02

To learn more about turnover

brainly.com/question/29214829

#SPJ4

7 0
1 year ago
A sound principle to follow in demand forecasting is to
Vaselesa [24]

One of the most important principle in this regard is the appropriate product history which effects the future demand of the product.

<u>Explanation:</u>

Demand forecasting is to make predictions and forecast the demand of the product that has been produced by a particular firm. Since the demand has to be forecasted and predicted, a lot o factors which might be controllable and might be uncontrollable factors have to be taken in mind to forecast the demand.

The things to be kept in mind in this regard are the history of the product where previous sales will affect the prediction of the future demand, the promotions of the product, the trends and so on.

7 0
3 years ago
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