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LiRa [457]
3 years ago
11

Dominic is the founder of an innovative "impromptu catering" business that provides elegant, healthy party food and decorations

on less than 24 hours' notice. The company has grown by over 150 percent in the past year. Dominic credits some of the company's success to studying the strategies of prominent social entrepreneurs, such as Wikipedia's Jimmy Wales. What can Dominic do to exemplify the social entrepreneurship model?
Business
1 answer:
AleksAgata [21]3 years ago
5 0

Answer:

He should provide catered food for homeless on weekly basis.

Explanation:

Impromptu catering was founded by Dominic, who is an emerging entrepreneur in the catering business. He is famous for his deadlines which provides catering and decoration services in less than a 24 hour deadline. The company has grown to 150% in just one year. Dominic gives his success credit to the strategies of prominent social entrepreneur which he studied over the years. So he should also do something unique that would make him demonstrate or exemplify the social entrepreneurship model. So he should provide catered food to the homeless people on weekly basis. This would set an example for others as well.

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What is inflation? an increase in the amount of money in circulation an increase in the overall price level a decrease in the ov
ivann1987 [24]

Answer:

increase in the overall price level

Explanation:

Inflation refers to the general increase in prices of goods and services in the economy over time. An increase in aggregate demand, accelerated economic growth, and an increase in the cost of supplies causes inflation. The rate at which prices increase is called the inflation rate. It is measured by the Consumer price index or the GDP deflator.

Inflation results in a decline in the purchasing power of a country 's currency. The government sets a certain desired level of inflation rate to boost economic growth.

If a basket of popular consumer goods cost $100 at the beginning of the year, and the same basket cost $105 at the end of the year. The increase in price by $5 is attributed to inflation.

5 0
3 years ago
4. Dairy Co. sells raw cream directly to the public. Maxwell gets sick after consuming some of Fairy Co.’s raw cream. Maxwell su
Len [333]

Answer:

Maxwell will win this case, as per division 2 of UCC, seller bears the cost for loss under implied warranty of fitness, if the goods do not meet the ordinary purpose or is inefficient.

Explanation:

Given in this case, Maxwell is applying "Universal Commercial Code (UCC)" division 2 provision, which defines all the goods and services.

A movable property, which can be sold from seller to the buyer at certain prices are called goods. Therefore, in this case, "Raw Cream" comes in the definition of goods, as it is directly sold to Maxwell by the grocery shop.

Maxwell will win this case, as per division 2 of UCC, seller bears the cost for loss under implied warranty of fitness, if the goods do not meet the ordinary purpose or is inefficient.

5 0
3 years ago
Thunder Corporation's balance sheet and income statement appear below: Comparative Balance Sheet Ending Balance Beginning Balanc
tigry1 [53]

Answer and Explanation:

The preparation of the cash flow statement is presented below:        

                                Thunder Corporation's

                                  Cash flow statement

Cash flow from operating activities

Net operating income $180

Adjustment made

Add: Depreciation expenses $34  ($206 - $172)

Add: Decrease in account receivable $5 ($60 - $65)

Add: Decrease in inventory $1 ($41 - $42)

Less: Decrease in account payable $2 ($43 - $45)

Net cash provided by operating activities  $164

Cash flow from investing activities  

Purchase of Property, plant, and equipment -$74 ($454 - $380)

Net cash used by investing activities -$74

Cash flow from financing activities

Repayment of bond payable -$70 ($190 - $260)

Issuance of the common stock $1 ($41 - $40)

Dividend paid -$24

Net cash used by financing activities -$93

Decrease in cash -$3

Add: Beginning cash balance $31

Ending cash balance $28

The items which displayed in a positive sign indicates the cash inflow and the items which displayed in a negative sign indicates the cash outflow

3 0
3 years ago
On January 1, 2021, G Corporation agreed to grant all its employees two weeks paid vacation each year, with the stipulation that
Julli [10]

Answer: $20,000

Explanation: This question deals with Compensated Absence.

A compensated absence refers to paid holidays and other paid time off. According to accounting principles, expenses are recognized in the same period they are incurred. When it comes to compensated absences that are deferred to a later year (or period), the amount must be recorded as a liability in the year they are incurred.

Because of this, $40,000 (an average of $800 per week for a total of 500 vacation weeks) will be charged to 2021 expense as a liability.

The amount of salaries expense related to 2022 compensated absence is the average 5% pay rise in 2022.

The amount is therefore 5% X $800 X  500 weeks = $20,000

6 0
3 years ago
Cane Company manufactures two products called Alpha and Beta that sell for $135 and $95, respectively. Each product uses only on
Vika [28.1K]

Answer:

CANE COMPANY

a. total amount of traceable fixed manufacturing overhead

Alpha  =  $19*105,000   = $1,995,000

Beta  = $21*105,000   =   $2,205,000

b.  Company's total amount of common fixed expenses =

Aplha  = $18*105,000 =     $1,890,000

Beta   = $13* 105,000 =     $1,365,000

Total                           =    $3,255,000

c.  Increase in profit as result of accepting the offer = additional contribution * additional unit sold

                        = $14*13,000

                            = $182,000

additional contribution =$92 - (30 + 23 + 10 + 15)

d.  Decrease in profit = loss of contribution * unit sold

                                     = -13 *4000

                                     = ($52,000)

   loss of contribution  =  42 -( 18+ 16 +8+13)

Explanation:

3 0
3 years ago
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