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mezya [45]
3 years ago
9

How do i know what business i am suited for

Business
1 answer:
Eva8 [605]3 years ago
6 0

Based on what you have a degree on, where the company/business is, would you be happy with the amount of money you got, and would you be ok with what you're doing.

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KAJ Incorporated purchased a machine costing $250,000 by paying $35,000 and signing a $215,000 note payable. How would this tran
Firdavs [7]
KAJ Incorporated purchased a machine costing $250,000 by paying $35,000 and signing a $215,000 note payable. How would this transaction be reported within the cash flow from investing activities section of the cash flow statement? ... It would not be reported in the investing activities section of the cash flow statement.
7 0
3 years ago
Ralph’s Hardware updated its accounting system and agreed to purchase a computer system from a manufacturer, Bits and Bytes (BB)
Andrej [43]
Given:
<span>Fact 1: During contract negotiations, BB’s sales representative promised that the system was “A-1” and “perfect.”
</span><span>Fact 2: The written contract, which the parties later signed, disclaimed all warranties, express and implied. 
</span><span>Fact 3: After installation the computer produced only random numbers and letters, rather than the desired accounting information

The express warranty is given in Fact 1 where the Sales Rep promised that the system was "A-1" and "perfect". There is a breach in express warranty here IF the written contract also expresses the same promises. 

However, the written contract </span>disclaimed all warranties, express and implied. AND BOTH PARTIES SIGNED THIS CONTRACT. It implies that the buyer has read through the contract and has agreed with what is written in the contract. Thus, they can't file a suit against BB for breaching an express warranty since the written and signed contract has already disclaimed all warranties. 

4 0
4 years ago
When preparing the financial analysis for a business plan, the required statements and schedules will depend on the:
VARVARA [1.3K]

Complete Question:

When preparing the financial analysis for a business plan, the required statements and schedules will depend on the:

Group of answer choices

A. size of the particular project.

B. plan's presentation procedure that is expected in your own organization.

C. project's complexity.

D. All of these are correct.

Answer:

D. All of these are correct.

Explanation:

Financial analysis can be defined as the process of analyzing the stability, profitability, accuracy and viability of a business entity through its financial statements.

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

Hence, when preparing the financial analysis for a business plan, the required statements and schedules will depend on the following;

A. size of the particular project.

B. plan's presentation procedure that is expected in your own organization.

C. project's complexity.

8 0
3 years ago
Continuous quality improvement depends heavily upon: Select one:
SCORPION-xisa [38]

Answer:

The correct answer is letter "D": employment of the PDCA cycle.

Explanation:

American statistic Edwards Deming (<em>1900-1993</em>) proposed the Plan-Do-Check-Act (<em>PDCA</em>) or Deming's cycle which is a strategy based on continuous quality improvement within a business in four (4) steps. This approach can also be applied when starting a new business or when a change in a firm must be implemented.

6 0
4 years ago
Hill Corp. began production of a new product. During the first calendar year, 1,000 units of the product were sold for $1,200 pe
Tcecarenko [31]

Answer:

$88,000

Explanation:

(1,000 units × $100 estimated warranty cost per unit) $100,000

Therefore:

($100,000 - $12,000 actual warranty costs incurred during the first year) $88,000

Liability for warranty costs is recognized when the related revenue is recognized. In a situation were the warranty covers a period longer than the period in which the product is sold, the entire liability for the expected warranty costs must be recognized on the day the product is actually sold.

Therefore in the first calendar year a warranty liability of $100,000 (1,000 units × $100 estimated warranty cost per unit) was recognized. Actual payments for warranty costs reduce the amount of warranty liability recognized. Thus, at the end of the first calendar year, the balance of the warranty liability is $88,000 ($100,000 warranty liability initially recognized - $12,000 actual warranty costs incurred during the first year).

8 0
3 years ago
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