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Andrei [34K]
3 years ago
15

After working for a large firm for several​ years, tyler started his own landscaping design business.​ however, he soon ran out

of money and was forced to close the business because he​ couldn't pay the expenses of the firm along with his personal expenses. based on this​ information, what is the likely reason for​ tyler's business​ failure
Business
1 answer:
geniusboy [140]3 years ago
7 0
<span>Due to inadequate financial planning and backing, Tyler's business was unable to cover it's various operating costs. Too few years of experience working in the field likely led to his inadequate knowledge of operation costs and thus the failure of his firm.</span>
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Giorgio Italian Market bought $11,100 worth of merchandise from Food Suppliers and signed a 120-day, 9% promissory note for the
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Explanation:

The journal entry is as follows

Notes receivable A/c Dr $11,100

         To Sales A/c $11,100

(Being the sales is recorded)

Since the merchandise transaction is done through note receivable so we debited the note receivable account and the transaction is of sale type so the sales account is credited. Both the transactions are recorded at $11,100

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3 years ago
After the delivery of the condominium documents in the TREC Residential Condominium Contract the buyer may terminate the contrac
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Answer:

The buyer would have a 12-day option to terminate the contract. Otherwise, he or she might not have any other option than to stick to the contract. (That is, the buyer will not have the unrestricted right to terminate the contract again.)

Explanation:

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3 years ago
You have saved​ $120,000 for your child to attend college. If it is in an account earning an annual rate of​ 8%, how much can yo
harkovskaia [24]

Answer:

I will take $36,230.5 to pay for the education of child.

Explanation:

Cash Invested in the saving account will earn a return of 8% each year and this amount could be withdrawn by the me to pay for the education of child.

We will use following formula to calculate the annual payments

P = r ( PV ) /  [ 1 - ( 1+ r )^-n ]

where

PV = amount of investment = $120,000

r = rate of return = 8%

n = number of period = 4 years

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P = 36,230.5

3 0
3 years ago
In unregulated monopoly: a consumers are confronted with a price that is lower than marginal cost. b consumers are confronted wi
dsp73

Answer:

c. because P > MC, a basic condition for efficiency is violated.

Explanation:

An unregulated monopoly is a market in which monopoly holders have control over goods and services, giving them the ability to do whatever they like. Under unregulated monopoly, having a free market is impossible as price gouging is always evident.

In unregulated monopoly a basic condition for efficiency is violated because price is greater than marginal cost (P > MC).

Where P is the price and MC is the marginal cost of goods.

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3 years ago
When a supplier is restricted to operating during certain hours, which in turn limits its quantity supplied, the elasticity of s
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Answer:

C. less than 1

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Supply is elastic if producers can increase output without a rise in cost or a time delay which means Price elasticity of supply is more than 1.

Supply is inelastic if producers find it hard to change production in a given time period which means Price elasticity of supply is less than 1.

When Price elasticity of supply equals 0 then supply is perfectly inelastic.

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3 years ago
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