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3 years ago

What name is given to the principal means of controlling the availability and cost of financial resources?

Business

1 answer:

Alexxx [7]3 years ago

4 0

Answer: BUDGETS

Explanation: A budget can be defined as a written plan for financial purpose of the entity usually made for a definite period of one year. A budget can be fixed or variable.

A budget is made on the planned amount of sales and revenues and takes into consideration various types of cost and expenses to be incurred.

Thus, from the above we can say that budget is that principal mean that is used for controlling of financial resources in an entity.

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New Business is just being formed by 10 investors, each of whom will own 10% of the business. The firm is expected to earn $500,

Triss [41]

Answer:

additional income is $11050 if the business is organized as a partnership rather than as a corporation

Explanation:

given data

investors = 10

own = 10%

earn = $500000

corporate tax rate = 34%

personal tax rate = 35 %

to find out

How much additional spendable income

solution

we find here first income if formed as corporation in hand that is

income if formed as corporation = earn × own ( 1 - corporate tax ) × ( 1 - personal tax )

income if formed as corporation = 500000 × 10% ( 1 - 34% ) × ( 1 - 35% )

income if formed as corporation =$21450

and

income will be taxable if form partnership that is

income if formed partnership = earn × own ( 1 - personal tax )

put here value

income if formed partnership = 500000 × 10% ( 1 - 35% )

income if formed partnership = $32500

additional income is $32500 - $21450

additional income is $11050

4 0

3 years ago

If the number of unemployed workers is 19 million, the number in the working-age population is 500 million, and the unemployment

konstantin123 [22]

Answer:

labor force participation rate= 96.2%

Explanation:

Giving the following information:

Unemployed people= 19 million

Labor force= 500 million

First, we need to calculate the employed people:

Employed population = 500 - 19= 481 million

Now, to calculate the labor force participation rate, we need to use the following formula:

labor force participation rate= (employed people/labor force)*100

labor force participation rate= (481/500)*100

labor force participation rate= 96.2%

4 0

3 years ago

In a jewelry store, a customer places an order for a piece of jewelry (for example, a silver pin in the shape of a tulip). each

Marizza181 [45]

The best type of system for the order of the jewelry would be:

1. A customer chooses what he wants from the jewelry

2. He/she must check if the special jewels that he/she wanted are available for pre-order

3. Once the business agreement is done a transaction shall be followed in the making.

Special orders should always be made to be pre-ordered, if the supplier has the item.

6 0

3 years ago

A company borrowed $15,000 by signing a 120-day promissory note at 10%. The total interest due on the maturity date is: (Use 360

topjm [15]

Answer: $500

Explanation:

Interest for the period = Amount borrowed * Interest rate * 120/360 days

= 15,000 * 10% * 120/360

= $500

7 0

3 years ago

Fyodor, a manager of the research and development team of an organization, challenges his subordinates to "think outside the box

nexus9112 [7]

Answer: mental models.

Explanation: A mental model is an explanation of someone's thought process about how something works in the real world and learning a new mental model gives you a new way to see the world. Furthermore, It’s represent the surrounding world, the relationships between its several parts and an individual intuitive perception about his or her own acts and their consequences.

4 0

3 years ago