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Leni [432]
3 years ago
8

Until the late 18th and early 19th centuries, most organizations were relatively small and were owned and operated as sole propr

ietorships or__________________.
Business
1 answer:
jeyben [28]3 years ago
8 0

<u>Answer: </u>

Until the late 18th and early 19th centuries, most organizations were relatively small and were owned and operated as sole proprietorships or partnerships.

<u>Explanation: </u>

  • After the advent of industrialization, many individuals chose to shift to mass production of commodities.
  • These individuals set up small businesses of their own with their own capital.
  • The ones who could not afford to start a set up with what they had entered into partnerships.
  • As there was no concept of corporations, the trend of shared ownership among more than two persons did not exist.

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Major retail firms such as Walmart have used data mining to customize the product offerings for each store.
Gwar [14]
Answer
False
Explanation
Data mining is the process of turning raw data into useful information
3 0
3 years ago
Read 2 more answers
Which of the following line items would appear on the income statement of a company that uses the periodic inventory​ system, bu
irga5000 [103]

Answer:

C) Cost of Goods Available for Sale

Explanation:

Cos of goods available for sale appears in income statement made under periodic Inventory system but it does not in the income statement made under perpetual inventory system. In per periodic system COGS is calculated by adjusting purchases, allowances for purchases, freight and all other cost to cost of goods available for sale. By deducting closing inventory we calculate the COGS. On other hand in perpetual system purchases are added in the opening and purchase return and closing inventory deducted to reach at COGS.

3 0
4 years ago
The following account balances were taken from the adjusted trial balance for Urgent Messenger Service, a delivery service firm,
zepelin [54]

Answer:

$186,750

Explanation:

Urgent Messenger Service,INCOME STATEMENT for the year ended

Fees Earned 724,500

Less Expenses:

Salaries expenses 393,100

Rent expenses 75,000

Utilities expense 41,200

Depreciation expenses 10,650

Miscellaneous expenses 6,650

Supplies expense 6,150

Insurance expense 5,000

Net income (724,500-537,750 ) 186,750

6 0
4 years ago
As the labor market became more competitive in the later 19th century, employers began to offer all of the following EXCEPT:
il63 [147K]
<span>As the labor market became more competitive in the later 19th century, employers began to offer all of the following except for letter C. Vacation Days. 
When this happens, the market demands employers/workers to be more productive.</span>
8 0
3 years ago
Katie's Dinor spent $84,000 to refurbish its current facility. The firm borrowed 80 percent of the refurbishment cost at 9.2 per
jenyasd209 [6]

Answer:

The question is missing the below options:

$1,333.33

$1,401.49

$1,108.91

$1,282.16

$1,487.06

Monthly payment is $1,401.49  as shown below

Explanation:

In calculating the amount of each monthly payment, PMT formula in excel comes very handy.The formula is stated below:

PMT(rate,nper,pv,-fv)

The rate is the percentage of interest payable on the loan considering that repayment is made monthly, hence the rate in this case 9.2% divided by number of repayments in a year,12

rate=9.2%/12=0.007666667

nper is the number of times repayment would be made, which is calculated as five years multiplied by the number of repayments in a year i.e 5*12=60

pv is the actual amount borrowed , 80%*$84000=$67200

The fv future value is nil

PMT(0.007666667 ,60,67200,0)

PMT=$1,401.49

Find attached as well.

Download xlsx
6 0
4 years ago
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