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Nitella [24]
4 years ago
9

According to adam smith and other classical economist,

Business
1 answer:
Semmy [17]4 years ago
3 0
Because <span>It is based on self-interest.
Classical economists believe that when driven by self-interest, humans are capable in dedicating their life to pursue things that never been achieved before.
This led to the creation of many technological inventions and business ventures that drive the society forward</span>
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Partners Dennis and Lilly have decided to liquidate their business. The following information is available:
fgiga [73]

Answer:

Partners Dennis and Lilly have decided to liquidate their business. The following information is available:

Cash $100,000 Accounts Payable $100,000

Inventory $200,000 Dennis, Capital $120,000

Lilly, Capital $80,000

$300,000 $300,000

Dennis and Lilly share profits and losses in a 3:2 ratio. During the first month of liquidation, half the inventory is sold for $60,000, and $60,000 of the accounts payable is paid. During the second month, the rest of the inventory is sold for $45,000, and the remaining accounts payable are paid. Cash is distributed at the end of each month, and the liquidation is completed at the end of the second month.

1. Using a safe payments schedule, how much cash will be distributed to Dennis at the end of the first month?

a. $36,000

b. $64,000

c. $60,000

d. $24,000

2. Using a safe payments schedule, how much cash will be distributed to Lilly at the end of the first month?

a. $40,000

b. $24,000

c. $64,000

d. $16,000

4 0
3 years ago
1.) Discuss the importance of Communication with suppliers to achieve timely delivery (15mks)​
sladkih [1.3K]

Answer:

Customers' expectations of prompt service from the buyer's organization are heavily reliant on supplier on-time delivery. So, it's important to keep an eye on the delivery times of your suppliers. A computer manufacturer discovers one based on a large amount of historical data.

<em>I hope this helps you</em>

<em>:)</em>

7 0
2 years ago
Customer retention rate customer satisfaction and market share are all example of?
Zina [86]

Customer retention rate, customer satisfaction, and market share are all the examples of marketing performance.

What is meant by marketing performance?

  • Marketing performance is the alignment between goals and objects of marketing team versus actual results. It is measured using metrics and Key Performance Indicators (KPIs), including return on investment, cost per sale, cost per lead, conversion rate, and customer lifetime value.
  • The planning and execution of marketing activities are required to happen simultaneously and are under the label of marketing performance.

To read more about marketing performance, refer to :

brainly.com/question/28316044

#SPJ4

3 0
2 years ago
The following information relates to Franklin Freightways for its first year of operations (data in millions of dollars): Pretax
densk [106]

Answer:

d. $257

Explanation:

Calculation to determine what Franklin's taxable income ($ in millions) is:

Accounting income$280

Add Permanent difference: Fines $10

Less Temporary difference: Depreciation ($33)

($102-$69)

Taxable income $257

Therefore Franklin's taxable income ($ in millions) is:$257

5 0
3 years ago
The seeking sustainability box shows us that consumer relationship building can mean many different things. in this case, campbe
faltersainse [42]

<u><em>Explanation</em></u>:

The terms being socially responsible and having sustainability can be evident in Campbell's and the Food bank of South New jersey when these organisations <u>give back to the communities of their consumers while also protecting their immediate environment, </u>thus shows that they are socially responsible and are promoting sustainability.

8 0
3 years ago
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