Answer:
James operates a restaurant in a seaside tourist town. It is winter and all the tourists have left
Rex invests in new computer software that will automate his bookkeeping.
Explanation:
In winter, the patronage at James' resturant would drop because tourists would have left. Because demand at the resturant has dropped, James would reduce his demand for Labour which are his staffs. He would let some staffs go temporarily to reduce costs .
If Rex invests in a software that automates his book keeping, he wouldn't need an accountant to help with his book keeping, so demand for labour would fall.
After Katie's competition closes down, more people would patronise Katie. Katie's demand for Labour would increase because of the influx of customers.
Amy would need labour to obtain wood; her demand for Labour would increase.
If school is just resuming, there would be a high influx of people into the bookstore, the bookstore would increase its demand for Labour because of the high influx of customers .
I hope my answer helps you.
Answer:
MARIGOLD CORP
INTEREST TO BE CAPITALIZED IN THE YEAR 2020
January 2, 2020 $606,000 *10% = $60,600
September 1, 2020 $1,802,400*10%* 4/12 = <u> $60,080</u>
<u> 120,680</u>
Explanation:
Interest to be capitalized for the year 2020 must be interest that is incurred on amount expended on the construction from amount specifically borrowed for the construction
Answer:
Under FIFO, the ending inventory is based on the latest units purchased.
Explanation:
First in, first out inventory (FIFO) method values cost of goods sold using the purchase price of the "oldest" units in inventory. This means that the cost of the first units sold will be used to determine COGS.
On the other hand, last in, first out (LIFO) method uses the price of the most recently purchased units to determine the cost of goods sold.
The resource based model.
The resource based approach says organizations should look inside their company for sources of improvement and competitive advantage rather than looking outside to their environment (such as their industry).
A business's business plan is a formal written document that outlines the nature of the business and how it will function.
A strategic document that encapsulates your plans for your company is the business plan. It enables you to assess whether your ideas are feasible and whether there is a demand for your goods or services.
Summary/Overview is the main section of the business plan.
A succinct but clear argument (a few phrases or paragraphs) outlining why the company will succeed. The Business Plan's most crucial component since it ties everything together.
<h3>
What constitutes a business plan's 
components?</h3>
Here is a list of the seven key elements of a business plan and what it should contain, despite the fact that plans vary as much as enterprises do.
Brief summary.
Business Description.
Services and goods.
Market research.
Organizing and Executing Out
Business and its management team.
A plan and estimated costs.
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