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3 years ago

When Adam Smith coined the term "invisible hand," he was referring to

Business

1 answer:

Firlakuza [10]3 years ago

3 0

The Market

I searched the subject and found a few credible websites all with the same answer. Hope this helped.

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Griffin's goat farm, inc., has sales of $680,000, costs of $342,000, depreciation expense of $86,000, interest expense of $53,00

Oksana_A [137]

Addition to Retained Earnings will be the amount will be Net Income as calculated using the above information:

Net income will be calculated as below:

Sales...........................................................$680000

Less: Cost of Sales.................................$342000

Less: Depreciation..................................$86000

Less: Interest Expense.........................$53000

Earnings Before Tax...............................$199000

Less [email protected] 23%.........................................$45770

Net Income..............................................$153230

Thus Income of $153230 will be added to Retained earnings and Cash dividend of $40000 will be reduced from therein.

8 0

3 years ago

Suppose that while Melissa was on the coast, she also spent two days sightseeing the national parks in the area. To do the sight

natta225 [31]

Answer:

$1,300

Explanation:

Only the cost that are directly related to the business conference is to be deducted as Melissa's business tax. Sightseeing cost is therefore not part of her original plan. The business related cost are therefore;

$400 for round-trip airfare to San Francisco
$250 fee to register for the conference,
$300 per night for three night’s lodging,
$200 for meals, and
$150 for cab fare.

A summation of this cost would give $1,300 as the amount of the total costs that can Melissa deduct as business expenses.

5 0

3 years ago

Read 2 more answers

3. What is dollar voting? How can it affect the launch of the franchise into the new region?

icang [17]

Answer:

Dollar voting is an analogy that has been used to refer to the impact of consumer choice on producers' actions through the flow of consumer payments to producers for their goods and services.

3 0

3 years ago

13. Once a firm decides to enter an industry and chooses a market in which to compete, it must gain an understanding of its comp

Irina18 [472]

Answer: Strategic Analysis.

Explanation: Strategic analysis is the process that firms use to study and understand the many different aspects of their competitive environment. This analysis involves the process that focus on researching an organization’s business environment within which it operates. It is an essential tool in formulating strategic planning for decision making and smooth working of the business organization.

Strategic analysis refers to the process of conducting research on a company and its operating environment within which its operates to formulate a strategy. Strategic analysis helps define a strategy that will help stand out from the competitors and to also remain competitive. Another important function of strategic analysis is the prediction of future events and the planning of an alternative approach if the first fail to deliver.

4 0

3 years ago

On May 31, 2018, the Arlene Corporation adopted a plan to sell its cosmetics line of business, considered a component of the ent

asambeis [7]

Answer:

$800,000

Explanation:

The calculation of book value of the assets of the cosmetics component is given below:-

Gain on Sale of the Assets = Income from Operation of a Discontinued Components - Income from Operations

= $620,000 - $300,000

= $320,000

Gain/Loss on Sale of Asset = Sale Value of Assets - Book Value of Assets

= $1,120,000 - $320,000

= $800,000

5 0

3 years ago