Ask question

Ask question

All categories

3 years ago

12

Steve Jobs has achieved a great deal of success. What are some possible negative consequences of the level of power that he hold

s?

1 answer:

Alex73 [517]3 years ago

6 0

People can claim his work or inventions as their own.

You might be interested in

Tune Store reports inventory using the lower of cost and net realizable value (NRV). Information related to its year-end invento

Genrish500 [490]

Answer:

inventory impairment/cost of good sold (p/l) $500

Explanation:

IAS 2 requires that inventory be initially recognized at cost including cost of purchase and other necessary cost incurred in getting the inventory to the location where it becomes available for sale.

Subsequently, the item of inventory is carried at the lower of cost or net realizable value (NRV).

Quantity Unit Cost Unit NRV Lower of cost/NRV Amount

Model A 100 $100 $ 120 $100 $10,000

Model B 50 $50 $ 40 $40 $2,000

Model C 20 $200 $210 $200 $4,000

Adjustment required = 50 ($50 - $40)

=$500

This posted as

Debit inventory impairment/cost of good sold (p/l) $500

Credit Inventory account $500

5 0

3 years ago

Albert is looking for his first-ever summer job. Eleanor was laid off from the gold mine where she worked because of the decreas

Pani-rosa [81]

True , Cyclical unemployment can be negative.

Explanation:

Cyclical unemployment may be negative as well — when the economy hits its productivity and will be in the economic growth cycle process (works outside its PPC), then cyclical unemployment will be negative. The current unemployment rate is below the standard rate of unemployment.

The given statements are different in each scenario.

There are three elements of employment:

• Structural unemployment, which happens when Jobless people are also not qualified to work

• Frictional unemployment, due to the time needed to find one another by job-seekers and accessible employers

• Cyclical unemployment, because of the status of the business cycle unemployment

8 0

3 years ago

According to the chart below, which sets of IQ scores fall in the bottom 50th percent of frequency?

lubasha [3.4K]

The green one
Because 65-69 is close to 50%
And the answer should be A
I
Think
Hope this helps

6 0

3 years ago

Read 2 more answers

A company purchases inventory on terms of net 30 days and resells to its customers on terms of net 15 days. The inventory conver

Tanzania [10]

Answer:

The company's cash conversion cycle is 75 days

Explanation:

The conversion cycle is the number of days that a business takes to convert its investment in inventory into cash flowing from the purchase and sales of the business.

Conversion cycle = Payable days + Inventory in Stock days + Receivable days

where

Payable days = Purchases term = 30 days

Inventory in stock = Number of days until inventory remains unsold = 60 - 30 days = 30 days ( As payable days are already included in inventory conversion days )

Receivable days = Sales term = 15 days

Placing values in the formula

Conversion cycle = 30 days + 30 days + 15 days

Conversion Cycle = 75 days

6 0

3 years ago

Businesses can be classified into the following forms: a proprietorship, a partnership, a corporation, a limited liability compa

lozanna [386]

Answer:

Explanation:Answer:

Explanation: Characteristics of a proprietorship:

1. Owned by single individual

2. Less regulated Subject to unlimited liability

3. Has unlimited life Subject to lower income taxes

B.

Michael founded and operated a wedding planning agency, which specialized in celebrity weddings. When he died, his business was dissolved because there was no plan for control after his death. Sole proprietor

DDX Co. is a shipping company. Tyler owned 1,000 shares of DDX stock. He found better opportunities and sold his entire stake in DDX to another investor. Limited liability company.

Jackson and his friend Shirley run a carpet cleaning business. They distribute the profits proportionately and file their individual taxes. Partnership

Tyler, Jackson, and Jose own an accounting firm in San Francisco. All share in the profits of the firm proportionately and file taxes at an individual level. According to their agreement, none of the owners will be held personally liable for the accounting firm's debt. Limited partnership

Businesses in the form of corporations offer their owners several advantages, but the benefits come at a price. For instance, corporations are required to create a charter, set bylaws, and file mandatory reports with state and federal authorities, which can get expensive and time consuming. The filing document, which requires the company to state: (1) the name of the proposed corporation, (2) types of activities the company will be involved in, (3) amount of capital stock, (4) number of directors, and (5) names and addresses of the directors, is called the corporate limited liability company

6 0

3 years ago