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harina [27]
3 years ago
7

The art of getting the greatest benefit from limited financial resources is called A. inflation. B. financial management. C. mar

keting. D. profit.
Business
1 answer:
Zina [86]3 years ago
6 0

The art of getting the greatest benefit from limited financial resources is called D. profit. Profit is what someone has received after they sell an item and subtract their operating costs from it. When a company or person wants fogure out their benefit or return on a product they can figure out their profit by adding up the costs and subtracting from the selling price.

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Prestwich Corporation has two service departments and two operating departments. Costs of the Building and Grounds service depar
shepuryov [24]

Answer:

$20,880

Explanation:

Under the direct method we ignore services that are provided to the other service departments.

In order to allocate the building operation costs to Operating department A, we need to determine what percentage of the building space taken up by Operating departments is used by Operation Department A.

There is a total of 50000 square feet and Operating Department A occupies 60%(30000/50000 of that.

So Operating Department A will get 60% of the building costs

  i.e., 60% × 34800 = 20,880

7 0
3 years ago
Money, Inc., a calendar year S corporation in Denton, Texas, has two unrelated shareholders, each owning 50% of the stock. Each
ratelena [41]

Answer:

See below

Explanation:

a. At the end of the year, before distribution, each shareholder's basis

= $400,000 + $100,000 + $50,000

= $550,000

b. After the distribution, each shareholder's basis is

= $300,000 + $200,000

= $500,000

c. Therefore, each shareholder has

$250,000 worth of dividend income.

3 0
3 years ago
Find the convexity of a seven-year maturity, 6% coupon bond selling at a yield to maturity of 8%. The bond pays its coupons annu
Julli [10]

Answer:

convexity = 37.6306

Explanation:

given data:

maturity time = 7 years

yield to maturity (y) = 8% = 0.08

coupon bond = 6%

price= $89.59 ( gotten from the summation of pv(cf) from the table attached below )

t = time

convexity can be found using this formula

= \frac{1}{p(1+y)^2}  *  summation of (t +t^2) * pv(cf)

= \frac{1}{89.59*(1.08)^2} * 3932.310   = 37.6306

6 0
3 years ago
Making your product or service seem different from other similar products or service is called?
mojhsa [17]
It would be called differentiation :)
4 0
3 years ago
1. A person that wishes to incorporate a
Blizzard [7]

Answer:

c. File for permission from the  government

Explanation:

The number one step when <em>incorporating a business</em> is filing for permission from the  government. Every state has a special regulatory body or an agency responsible for accepting or denying applications. This way, the company becomes registered in the national database.

Finding stockholders is not essential if the owner possesses enough capital to fund the company.

3 0
3 years ago
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