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3 years ago

What changes has affirmative action brought

1 answer:

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Affirmative Action is a policy which function by favouring the cause of disadvantaged set of people who are suffering or had suffered from discrimination within a community. The group was established in the 1960s. The major goals of this group is to: close the gaps of employment inequalities and pay, increase access to education, promote diversity and address past injustices. Affirmative Action had produced both positive and negative outcomes. Positive outcomes include: closing the gaps in employment eligibility and payment, increasing number of people having access to education and promotion of diversity. Negative outcomes include: driving away of skilled labour which resulted in poor economic growth and mismatching of skills.

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Joint ventures: a. are an alternative to new ventures. b. are attractive when entry barriers are high. c. are attractive when sp

Dafna11 [192]

Answer:

Are an alternative to new ventures.

Explanation:

Joint ventures is a business arrangement between two of more organisations to form a partnership. The oganisations involved share ownership, profits, investments.

A joint venture provides access to a large number of resources and it also provides the opportunity to gain new insight and expertise.

Different organizations enter into joint venture for either the purpose of a production process or research avtivity.

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3 years ago

Blue Co. had the following first-year amounts related to its $12,000,000 construction contract: Actual costs incurred and paid $

IrinaVladis [17]

Answer:

$900,000

Explanation:

The computation of the total amount excluding cash is shown below:

But before that following calculations need to be done

% completion during the year is

= $3,000,000 ÷ ($3,000,000 + $6,000,000)

= 33.3333%

Now Total revenue to be recognized for the year is

= $12,000,000 × 33.33333%

= $4,000,000

Profit for the year is

= $4,000,000 - $3,000,000

= $1,000,000

Now Accounts receivables at the end of year is

= Billings - Collection

= $3,500,000 - $3,100,000 = $400,000

Now Cost and profits in excess of billings

= ($3,000,000 + $1,000,000) - $3,500,000

= $500,000

And, finally Total amount of current assets to be recognize at year end is

= $400,000 + $500,000

= $900,000

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3 years ago

Prepaid expenses require what type of adjusting entry?

AleksAgata [21]

Answer:

MATCHED

Explanation:

TOOK THE TEST

"Expenses should be matched with revenues. A deferred expense or prepayment, prepaid expense, is an asset representing cash paid out to a counterpart for goods or services to be received in a later accounting period."

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3 years ago

In San Francisco there are many restaurants that specialize in a wide variety of cuisines. Patronage at these restaurants is inf

Verdich [7]

In San Francisco, there are many restaurants that specialize in a wide variety of cuisines. Patronage at these restaurants is influenced by factors such as tastes, price, and location. This market is option (b) i.e, monopolistically competitive.

<h3>What is monopolistically competitive?</h3>

An industry with a lot of companies offering similar (but not identical) replacement goods or services is known as one with monopolistic competition. In a monopolistic competitive industry, there are few barriers to entry and exit, and no firm's decisions directly affect those of its rivals.

Monopolistic competition is characterized by a number of features.

slight variations in the goods and services,
Free access to the market and exit
many businesses
Profits from incomplete consumer knowledge

Consumer electronics, apparel, restaurants, and hair salons are a few examples of industries with monopolistic competition. Each business delivers goods that are comparable to those of other businesses in the same sector. They can, however, set themselves out through branding and marketing.

To know more about monopolistic competition refer to: brainly.com/question/13686157

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2 years ago

Management accounting primarily is concerned with providing:A) information to managers inside the organization as well as inform

Inga [223]

Answer:

The correct answer is C: information to managers inside the organization

Explanation:

Management accounting is a part of accounting that regards the identification, measurement, analysis, and interpretation of accounting information to help managers in the decision-making process to efficiently manage a company’s operations. On the contrary of financial accounting, which is primarily concentrated on the correct organization and reporting of the company’s financial transactions to outsiders (e.g., investors, lenders), managerial accounting is focused on internal decision-making.

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3 years ago