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kupik [55]
4 years ago
7

When Gene started his window-washing business, he wanted to keep things simple. He liked the idea of being his own boss and the

possibility of leaving the business one day to his son. He chose the type of business that was easy to start, allowed him to keep company profits, and not have any special taxes. Gene's financial resources were limited, but so were his concerns; after all, "he was the business." Gene's business is most likely a(n) __________.
Business
1 answer:
nika2105 [10]4 years ago
6 0

Answer:

Self-employment is the state of working for oneself rather than an employer. Self-employed people generally find their own work rather than being provided with work by an employer, earning income from a trade or business that they operate.

Explanation:

You might be interested in
eggy's Pillows produces and sells a decorative pillow for $75.00 per unit. In the first month of operation, 2,000 units were pro
vivado [14]

Answer:

Total cost of goods sold per unit is $35,000

Explanation:

Given Data:

cost for decorative pillow =$75.00 per unit

Total sold unit = 1750

Per unit manufacturing cost

we know that  Variable Costing includes only manufacturing cost

Therefore, the total cost of goods as per variable costing can be computed as follow  

$20 \times  1750 = $35,000

The total cost of goods sold per unit is $35,000

4 0
3 years ago
On November 30, Year 1, Parlor, Inc. purchased for cash at $15 per share all 250,000 shares of the outstanding common stock of S
zepelin [54]

Answer:

$275,000

Explanation:

Goodwill in business combination arises when the price paid in acquiring a business exceeds the fair value of the acquired business net assets . The fair value is used rather than the carrying amount to ensure fairness and an unbiased result

<u>Workings</u>

Purchase consideration = 250,000*15 =3,750,000

Percentage acquired = 100%

Fair value of net asset = 3,000,000+400,000+75,000= 3,475,000

Goodwill = 3,750,000=3,475,000 =275,000

6 0
4 years ago
If price increases from $45 to $55, the market quantity supplied increases from 20 units per week to 30 units per week. The pric
hichkok12 [17]

Answer:

The answer is 2.25

Explanation:

Price Elasticity of Supply (PES)= percentage change in Quantity demanded/ percentage change in price

PES= (30-20)/20 *100) /( 55-45)/45*100) = 50%/22.22% = 2.25

4 0
3 years ago
It is important to manage customer relationships because customers provide a great deal of value to the company if they remain c
qwelly [4]

Answer:

Customer lifetime value predicts how much profit is associated with a customer during the course of their lifetime relationship with a company.

Explanation:

It is important to manage customer relationships because customers provide a great deal of value to the company if they remain customers for many years.

Customer lifetime value is greater for companies who have loyal customers as compared to customers who are one time only. They add less value to the company as customers are also a source of promotion for the company.

7 0
3 years ago
Question 8 of 10
Nesterboy [21]

Answer:

B

Explanation:

If you're going to solve it ur going to need to know how it's going to effectively help don't just do it first think.

5 0
3 years ago
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