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Tomtit [17]
4 years ago
13

Why should small business owners understand the concept of contract modification and settlement of disputed and undisputed debts

?
Business
1 answer:
nekit [7.7K]4 years ago
6 0
They should understand when they need professional advice, they need to get it. Let the small business owner hire a tax accountant, lawyer, and subscribe to a debt collection service. (<span>Kevin k)</span>
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Emily works in the stockroom at a retail store for $10/hour on Saturdays. The store is within near walking distance of her home.
frosja888 [35]

Answer:

Correct options

A.) the $4 in direct costs she would spend to drive to and from her babysitting job:

Emily will have to spend $2 to and $2 on gas for the babysitting job. She will have to consider if she can bear the additional cost compared to the other job opportunity.

B.) the opportunity costs of not working at the store on a Saturday when she babysits:

When Emily is babysitting she has to consider the opportunity cost of working at the retail store. The fact the she will not have to drive to work, instead working at a place close to her home.

Incorrect option

C.) the cost of clothes and personal items (e.g., phone) Emily uses during babysitting:

On both jobs Emily will incur cost of clothing and other personal items, so this is not a cost she should be considering in making a decision between the two jobs.

4 0
3 years ago
In 2015, the country with the highest GDP per capita in the world was
Musya8 [376]
I think c or d I’m sorry I’m not ver sure
5 0
3 years ago
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Describe at least four ways you can take money out of a checking account
deff fn [24]

1. ATM

2. Use a debit card at grocery store and get money back

3. Move money between bank accounts

4. Physically withdrawl the money inside the bank.

5. Grocery stores have customer service and for a fee you can withdrawl the money

8 0
3 years ago
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Ace Industries has current assets equal to $3 million. The company's current ratio is 1.5, and its quick ratio is 1.1. What is t
Natalka [10]

Answer:

a

Explanation:

I have no clue but good luck on test

6 0
3 years ago
The 2017 balance sheet of Kerber’s Tennis Shop, Inc., showed long-term debt of $1.87 million, and the 2018 balance sheet showed
bezimeni [28]

Answer:

Cash flow to creditors in 2018 is −$85,000

Explanation:

2017 balance sheet of Kerber’s Tennis Shop, Inc is recorded as

Interest paid............................................................................$255,000

Less:

long-term debt in 2018.........................................................$2.21 million

Less: long-term debt brought forward from 2017..........$1.87 million

Total (taken as net new borrowing)...................................$340,000

Cash flow to creditors = 2018 Interest expense less net new borrowing

= $255,000 - $340,000

= −$85,000

8 0
3 years ago
Read 2 more answers
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