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4 years ago

Who can help me? It will be greatly appreciated.

Business

1 answer:

Salsk061 [2.6K]4 years ago

5 0

Hello!

I believe the correct answer is: Consumer Market.
(Confirmed by three resources).

I really hope this helped you out! :)

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Smith Company manufactures washing machines in their own facility. They sell them to stores like Best Buy and Lowes for ultimate

MariettaO [177]

Answer:

Answer in Attachment

Explanation:

Download xlsx

6 0

3 years ago

A beneficial technological change is developed in the production of cranberries. at the same time, scientists discover that cran

sladkih [1.3K]

A beneficial technological change is developed in the production of cranberries. at the same time, scientists discover that cranberries have significant health benefits. this will result in an increase in the equilibrium quantity and an uncertain impact on the equilibrium price of cranberries.

Equilibrium quantity is the number where quantity demanded is equal to quantity supplied. Although there is new advances in the technological production of cranberries, we don't know how the price of the cranberries will be effected, if at all, from the changes. However, since the production of cranberries is going to to be more efficient, the amount supplied will likely rise to match the amount demanded.

5 0

4 years ago

Which of the following is incorrect?

Vlad1618 [11]

Answer:

d. A loan received will reduce capital

Explanation:

Capital is the collection of financial assets required to start and maintain a business. Capital is the money required to begin the operations of a business. The money is used to purchase assets and materials used in the production of goods or services. Capital is either borrowed( debt ) or from the owner's savings ( equity).

A loan is cash borrowed to boost the financial strength of an individual or a business. Should a business opt for a loan, it means it will have more cash to finance its operations. Its ability to produce goods and services is increased. Therefore, a loan is an addition to capital.

4 0

4 years ago

The petty cash fund of the Brooks Agency is established at $150. At the end of the current period, the fund contained $28 and ha

Digiron [165]

Answer:

(a) Debit Petty cash account for $150; and Credit Bank for $150.

(b) Debit Petty cash account for $122; and Credit Bank for $122.

The correct options are:

a. Fund amount is being reduced.

c. Fund is being eliminated.

Explanation:

(a) Prepare journal entries to record establishment of the fund.

The journal entry will look as follows:

Details Debit ($) Credit ($)

Petty cash account 150

Bank 150

(To record petty cash fund establishment.)

(b) Prepare journal entries to record reimbursement of the fund at the end of the current period.

Since the fund contained $28 at the end of the current period, we have:

Amount to reimburse = entertainment + postage + printing = $70 + $30 + $22 = $122

The journal entry will now look as follows:

Details Debit ($) Credit ($)

Petty cash account 122

Bank 122

(To record petty cash fund reimbursement.)

c. Identify the two events from the following that cause a Petty Cash account to be credited in a journal entry.

The correct options are:

a. Fund amount is being reduced.

c. Fund is being eliminated.

This is because they both in indicate outflows from the petty cash fund.

5 0

3 years ago

What are six resources for helping you decide what type of business to start and how to start it

zaharov [31]

1. Find a good business idea

A good business idea isn’t just one that turns a profit. It’s one that’s a good fit for you personally, for your target market, and for your location. You’re going to be in business for the long haul, so you really should pick something you can live and breathe.

Identify your strengths and weaknesses Conduct a SWOT analysis on yourself Come up with a business idea that caters to your strengths How to start inventing things (or how to find something to invent)Define what success looks like for you Do your research: What are popular businesses today?

8 0

3 years ago