Answer:
Selecting
Explanation:
The answer has been added into the question in this paragraph. It is in bold letters. Opportunity recognition is the process of identifying, <u>selecting</u>, and developing new venture opportunities.
when we talk about opportunity recognition we are talking about the ability to perceive new ideas, opportunities for a business or venture. as well as also being on the lookout for ways to improve. a person could just come up with new money making venture, or he could come up with ways to improve an existing venture.
An example of a business that I would start is a food delivery business. The business will entail delivering food from different restaurants to clients as desired. The business structure that would make the most sense is a sole proprietorship as it is a simple business structure whereby I will<span> own and manage the business as well as be responsible for all transactions. The business will also not be taxed as the profits and losses will pass through me.</span>
Answer:
The answer is $16
Explanation:
Solution
Given that:
Now
Market = Present replacement cost
The Upper Limit of Market =Net Realizable value = Estimated Selling Price -Cost of Completion and Disposal
The Net Realizable Value = $20 -$4 =$16
Thus
The Upper Limit of Market =Net Realizable value = $16
Market =Present replacement cost =$17
So,
Lower Limit of Market = Net realizable value - normal profit margin
Lower Limit of Market =16 (40% of 20)
= 16-8
=8
Thus
If the Present replacement cost is greater or higher than the selling, then the selling amount is the market amount
Therefore, the product should be reported at $16
Answer:
The correct answer is C. a credit to Notes Receivable and Interest Revenue.
Explanation:
When this registration is made, what occurs is to decrease the obligation they have with our organization, and an increase in income due to the recognition of the interests effectively recognized at the expiration of the obligation. Dishonoring the note means recognizing that we no longer have a callable value, and that the value receivable is extinguished as a result of the end of the agreed period of permanence.
Answer:
That a memorandum of understanding was created by the receipt sent by Mr. Blue and an
enforceable agreement exists
Explanation:
A memorandum of understanding is an agreement between two or more parties stating a lone of action that is binding on the participants.
This is used in place of a legally enforceable agreement. Like a formal gentlemen's agreement.
In this instance they agree orally to transfer 500 widgets for $1,000. Mr. Blue sends Mr. Green a receipt one week after the agreement.
The act of sending a reciept establishes the fact that there is an agreement. Therefore it is enforceable in a court of law.
