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frutty [35]
3 years ago
6

John gets a job with a large firm that audits small businesses. while working there, he becomes friends with dave, who invites h

im to attend a weekly poker game. the game soon becomes a meaningful part of john’s social life. some weeks the game is the only thing he has to look forward to. this is an example of:
Business
1 answer:
bixtya [17]3 years ago
7 0

This is an example that secondary-groups can lead to close personal ties of primary groups.

Not at all like first groups, secondary groups are large groups whose connections are unoriginal and objective situated. Individuals in a secondary group collaborate on a less close to home level than in an primary gathering, and their connections are for the most part impermanent as opposed to durable. But they can lead to the ties similar to the primary group as illustrated in this case.  

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During a​ year, a​ firm's gross investmentgross investment is ​$6 comma 0006,000 and net investmentnet investment is ​$4 comma 8
Greeley [361]

Answer: The answer is $1,200

Explanation:

In order to calculate the Depreciation, we use the formula:

Gross investment = Net Investment + Depreciation.

Let Depreciation be represented by x

Gross investment - $6,000

Net investment - $4,800.

Therefore, we have:

6,000 = 4,800 + x

x = 6,000 - 4,800

x = 1,200

Therefore Depreciation is $1,200

7 0
3 years ago
Choose the era that best matches the statement given.
Alekssandra [29.7K]

Answer:

Marketing company era

Explanation:

They need to get their product out there, so they use mission statements to please the customer, which is marketing.

8 0
3 years ago
Alexis Company was started in Year 1. At the end of Year 1 the Company had the following accounting equation.Assets = Liabilitie
swat32

Answer:

Company's assets at the end of Year 2 were provided by creditors = 20%

Explanation:

<u>Calculation of Cash at the end of Year 2 </u>

Cash balance at the end of Year 1     $600

Less: Paid off to notes payable          ($500)

Add: Earned cash revenue                 $700

Less: Paid cash expenses                   ($400)

Less: Paid cash dividend                     <u>($100)</u>

Cash balance at the end of Year 2    <u>$300</u>

Notes payable at the end of Year 2 = Beginning balance - Paid off

= $1,000 - $500

= $500

<u>Calculation of Notes Payable at the end of Year 2 </u>

Notes Payable at the end of Year 1     $1000

Less: Paid off to notes payable            <u>($500)</u>

Notes Payable at the end of Year 2 <u>$500</u>

Total assets at the end of Year 2 = Cash + Land

= $300+2200

= $2500

Creditors at the end of the Year 2 (Notes payable) = $500

Company's assets at the end of Year 2 were provided by creditors = Creditors * 100 / Total assets

= $500 * 100 / $2500

= 20%

5 0
3 years ago
A small country that uses the U.S. dollar as its currency is measuring its GDP for the current year. Personal consumption expend
statuscvo [17]

Answer:

$117,800

Explanation:

GDP formula is:

GDP= Consumption (C)+ Investment (I)+ Government expenditure ()+ Net exports (exports-imports)

Last year, C= $69,000 and it increased 10% (100%+10%=110%),  

This year: C= $69,000*1.10= $75,900.

Last year: I= $18,000 and it decreased 5% (100%-5%=95%).

This year: I= $18,000*0,95= $17,100

Last year: G=$19,000 and it increased by 20% (100%+20%=120%)

This year: G= $ 19,000*1.20=$22,800

Last year: X-M= $2000 and it remained the same

This year: X-M= $2000

Current year´s GDP= $75,900+$17,100+$22,800+$2000= $117,800

5 0
3 years ago
In calculating earnings per share, companies deduct preferred dividends from net income if:
Savatey [412]

Answer: Option B

Explanation: Earnings per share is calculated by dividing net income available to common shareholders with the weighted average number of shares.

Deduction of preferred dividends from net income is done only when dividends are declared by the entity, otherwise not. Preference shareholders have priority over common shareholders in case of dividends, so it will result in reduction of earnings to common shareholders but only when the dividends are declared and distributed.

7 0
3 years ago
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