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Lesechka [4]
3 years ago
5

1.which of the following is a type of business structure?

Business
1 answer:
Usimov [2.4K]3 years ago
4 0

Answer:

1.which of the following is a type of business structure?  

a. sole proprietorship  

b. partnership  

c. corporation

<em>d. all of the above  </em>

2.location, utilities, employees and suppliers are all examples of costs.  

<em>true</em> or false  

3.revenue is the money that flows into your company.  

<em>true </em>or false  

4. how can you determine if a company is profitable?

<em>a. by subtracting it’s expensive from its revenue  </em>

b. by looking at its revenue only  

c. by asking the employees  

d. by looking at expenses only  

5. define ethics  

<em>a. The discipline dealing with what is good and bad and with moral duty and obligation  </em>

b. always being good  

c. following the rules  

d. what country you are from  

7. consumers have no responsibility related to their right  

true or <em>false</em>

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Ray Bond sells handcrafted yard decorations at county fairs. The variable cost to make these is $20 each, and he sells them for
Rama09 [41]

Answer:

5 units

Explanation:

Breakeven point is the point or number of units sold that makes the cost equal with the revenue generated. In other words, it is the point in which the profit or loss made by an entity is 0.

Given;

Variable cost per unit = $20

Selling price per unit = $50

Fixed cost =  cost of rent = $150

Let the number of units to be sold be c

Total revenue = 50c

total cost = 20c + 150

To break even, total revenue =  total cost

20c + 150 = 50c

50c - 20c = 150

30c = 150

c = 5

Ray must sell 5 units to break even.

5 0
2 years ago
Person A earns $100,000 per year, while person B earns $45,000 per year.
USPshnik [31]
A is correct, sales tax is the same for everybody in a state, no matter the income. Hope this helps!
3 0
3 years ago
Read 2 more answers
Use below information to prepare general journal entries for Belle Co.'s 1 through 7 transactions.
antoniya [11.8K]

Answer:

Belle Co.

General Journal Entries

1. Debit Cash $6,000

Debit Equipment $7,600

Debit Web Servers $12,000

Credit Common Stock $25,600

To record the assets exchanged for common stock by D. Belle.

2. Debit Prepaid Insurance $4,800

Credit Cash $4,800

To record the prepayment of insurance coverage.

3. Debit Supplies $900

Credit Accounts Payable $900

To record the purchase of supplies on account.

4. Debit Selling Expenses $800

Credit Cash $800

To record the payment of selling expenses for cash.

5. Debit Cash $4,500

Credit Service Revenue $4,500

To record the receipt of cash for services rendered.

6. Debit Accounts Payable $900

Credit Cash $900

To record the payment on account.

7. Debit Equipment $3,400

Credit Cash $3,400

To record the payment for the purchase of equipment.

Explanation:

a) Data and Transaction Analysis:

1. Cash $6,000 Equipment $7,600 Web Servers $12,000 Common Stock $25,600

2. Prepaid Insurance $4,800 Cash $4,800

3. Supplies $900 Accounts Payable $900

4. Selling Expenses $800 Cash $800

5. Cash $4,500 Service Revenue $4,500

6. Accounts Payable $900 Cash $900

7. Equipment $3,400 Cash $3,400

4 0
3 years ago
Which of the following is NOT a valid condition for denying a patent application?Select one:
prohojiy [21]

Answer:

The answer is a. The "invention" sought to be patented is actually a living creature.

Explanation:

That is the answer. Because by the law, you actually "CAN" patent a living creature or an organism that you invented and that does not exist naturally.

So, a patent application CAN NOT be denied on the grounds that the invention is a living thing.

However, if a plant or any organism exists in nature and has reproduced, then it cannot be patented. Because then it has become a natural occurrence. This is a stern limitation and a criteria put on patents for living organisms.

Patenting living organism such as anti bacteria and bacteria is common in pharmaceutical industry while patenting unique seed types are common in agricultural sector.

4 0
3 years ago
What are the two risk components that determine a firm's cost of equity?
Yanka [14]

Traditionally, the formulas used to express a firm's cost of equity are the dividend capitalization model and the capital asset pricing model (CAPM).

Explanation:

Generally, two risk components determine a firm's cost of equity. The first is the systematic risk associated with the broader equity market. All firms are exposed to this risk, and it cannot be mitigated through diversification.

The second risk component is the unsystematic risk associated with the firm in question. This risk, often reflected as beta, a measure of the stock's volatility in relation to the volatility of the broader market, can be mitigated via diversification.

5 0
3 years ago
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