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3 years ago

What are different between production oriented business and service oriented business?

Business

1 answer:

vekshin13 years ago

3 0

Answer:

The distinction between the two is that the product business sells a physical, tangible product, while the service business owner sells skills as the primary product.

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Which one of the following statements is TRUE?A. The risk-free rate of return has a risk premium of 1.0.B. The reward for bearin

nika2105 [10]

Answer:

The correct answer is letter "D": The higher the expected rate of return, the wider the distribution of returns.

Explanation:

The rate of return (RoR) is the earnings an asset generates in excess of its initial cost. The amount is usually expressed as an annualized percentage rate. The RoR estimates grow between two given periods. The spread of the returns directly depends on how high those returns are: the higher, the wider distribution and vice versa.

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4 years ago

Robinson Company had a net deferred tax liability of $34,000 at the beginning of the year, representing a net taxable temporary

forsale [732]

Answer:

deferred income tax benefit during 2018: 6,700

deferred income tax liability ending balance 27,400

Explanation:

beginning deferred tax laibility 34,000

this will change to 21,000 for the tax rate change

(100,000 x 21% = 21,000)

thus there is a decrease of 13,000 in the tax liablity

Then:

book income 400,000

temporary differenc(net): (30,000)

Taxable income 370,000

30,000 x 21% = 6,300 additional deferred tax expense

13,000 benefit - 6,300 deferred tax expense = 6.700 benefit

5 0

3 years ago

If we assume that the current equilibrium wage for low-skilled labor is $8 per hour and the minimum wage is increased from $5.75

Lostsunrise [7]

Answer:

Explanation:

Unemployment among low-skilled workers decrease since they are getting higher pay now that is $1.5 per hour. Although it is below the equilibrium rate but still there are sure chances that the people will be more willing to work.

It does not necessarily mean that now labour is available according the demand of labour because the increased rate is below than the $8

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3 years ago

On January 1, 2013, US Manufacturing purchased a machine for $ 830,000. The company expected the machine to remain useful for

inessss [21]

Answer and Explanation:

The computation and the journal entry is shown below:

1. For accumulated depreciation, first we have to find out the depreciation expense using the straight line method

= (Original cost - salvage value) ÷ (Useful life)

= ($830,000 - $60,000) ÷ (10 years)

= $77,000

Now the accumulated depreciation for 5 years is

= $77,000 × 5 years

= $385,000

2. Now the journal entry is

Cash $300,000

Loss on sale or disposal $145,000

Accumulated Depreciation - Machine equipment $385,000

To Machine equipment $830,000

(Being the sale of the machinery is recorded)

For recording this we debited the cash, loss and accumulated depreciation as it increased the assets, losses, and the accumulated depreciation balance and credited the machine equipment as it decreased the assets

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4 years ago

Consider an economy that produces only DVDs and DVD players. Last year, 10th DVDs were sold at $20 each and 5 DVD players were s

trapecia [35]

Real GDP this year using last year as the base year is

B) $700

Explanation:

Last year, 10th DVDs were sold at $20 each and 5 DVD players were sold at $100 each, while this year 15 DVDs were sold at $10 each and 10 DVD players were sold at $50 each. Real GDP this year using last year as the base year is $700.
Gross Domestic Product (GDP) is the monetary value of all finished goods and services made in a country during a specific period of time.
The Gross Domestic Product calculates the real value of economic activity within a country.
GDP is a number that shows the net worth of the output of a country in local currency.
It represents the value of all goods and services produced in a specific time period within a country's borders.
Gross domestic product (GDP) is the total value of everything produced in a country.

8 0

4 years ago

What are different between production oriented business and service oriented business?​

What are different between production oriented business and service oriented business?