Answer:
Which of the following is an example of a service business?
Enterprise Rent-a-Car
Explanation:
Enterprise Rent-a-car is rendering a service which is to give away car to customer for a particular period or time in exchange for money so it is a service business
Answer:
Closing Stock = <u>38000 </u>
Explanation:
Net Sales = COGS + Gross Profit
- <u>Net sales</u> = sales - sales return = 185000 - 6000 = 179000
- <u>Gross Profit</u> = 60% of sales (as per gross profit ratio)
= 60% of 179000 = 107400
- <u>COGS </u>= Opening Stock + Net Purchase + direct expenses - Closing Stock
* <u>Net purchase</u> = Purchase - purchase return = 111000 - 4500 = 106500
*<u>Direct Expense</u> = Freight Inwards = 3100
Putting all values in formula :- Net Sales = COGS + Gross Profit
179000 = (0 + 106500 + 3100 - closing stock) + 107400
179000 = 106500 + 3100 + 107400 - closing stock
179000 = 217000 - closing stock
closing stock = 217000 - 179000
closing stock = 38000
In the first half of the nineteenth century, the steamboat, canal, railroad and telegraph were presented. This made transportation a great deal less expensive and quicker for organizations. It additionally connected agriculturists to national markets. The railroad gave employments to such huge numbers of Americans, despite the fact that many were foreigners. Telegraph made it conceivable to impart cross country, in any event quicker than mail would. It was for the most part utilized for organizations. Each of the four of these innovations twisted America out of its monetary past by making exchange/business speedier, less expensive, and more productive.
It is because they are not profitable enough at first and because their development can take scarce resources away from sustaining innovations.
<h3>What does the term "disruptive innovation" mean?</h3>
It disrupts the market leader in that specific market space and fundamentally alters the industry when a new good or service is launched into an established market that performs better and typically costs less.
<h3>What exactly qualifies as a disruptive invention?</h3>
The usage of cellphones for computing purposes, such as web browsing and streaming, rather than laptops and desktop computers is another example of disruptive innovation. Thanks to technical breakthroughs, cell phones today have tiny CPUs, circuits, and software that support these functionalities.
To know more about Disruptive innovations visit:
brainly.com/question/15100569
#SPJ4
Answer:
Partner Macki will eventually receive cash of $16,000
Explanation:
Macki has a $40,000 capital balance.
Income and losses ratio for Macki is 2
Total Income and losses ratio = 2 + 3 = 5
Calculating for Macki
Cash to be received by partner Macki
= $40,000 * 2/5
= $16,000