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3 years ago

How did Apple become successful?

1 answer:

3 0

Answer:1 reason Apple has been so successful can be traced to Steve Jobs. When Apple first went public in 1980, it was worth about $100 million under the leadership of Jobs, who left Apple in 1985. ... When he rejoined in 1997, he faced the task of restructuring an organization that was on the brink of bankruptcy.

Explanation:

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On March 1, 20Y8, Eric Keene and Renee Wallace form a partnership. Keene agrees to invest $21,060 in cash and merchandise invent

tester [92]

Answer:

Explanation:

a. The journal entries are shown below:

Cash $21,060

Merchandise inventory $56,290

To Eric Keene's Capital $77,350

(To record investment made)

Accounts receivable $17,770

Equipment $54,190

Cash (Liabilities - Assets) $40,820

To Allowance for doubtful accounts $1,950

To Accounts payable $14,910

To Notes payable (current) $35,970

To Reene Wallace's capital $59,950

(Being capital contribution by Reene wallace is recorded)

<u>KEENE AND WALLACE </u>

<u> Balance Sheet </u>

<u> March 1, 20Y8</u>

Assets

Current Assets

Cash (21,060 + 40,820) $61,880

Accounts Receivable Less Allowance $15,820

Merchandise inventory $56,290

Total current assets $133,990

Property, plant and Equipment

Equipment $54,190 54,190

Total Assets $188,180

Liabilities

Current Liabilities

Accounts Payable $14,910

Notes Payable $35,970

Total liabilities $50,880

Partner's Equity

Eric Keene's capital $77,350

Renee Wallace's capital $59,950

Total partner's equity $137,300

Total liabilities and partner's equity $188,180

7 0

3 years ago

Beranek Corp has $720,000 of assets (which equal total invested capital), and it uses no debt—it is financed only with common eq

lozanna [386]

Answer:

firm must borrow $288000 to achieve the target debt ratio

Explanation:

given data

assets = $720,000

debt to total capital ratio = 40%

to find out

How much must the firm borrow to achieve the target debt ratio

solution

we get here debt here by Debt to Total capital ratio that is express as

Debt to Total capital ratio = Debt ÷ ( Debt + Equity ) ....................1

put here value we get debt

0.40 = $\frac{debt}{720000}$

debt = $288000

so firm must borrow $288000 to achieve the target debt ratio

7 0

3 years ago

Fairlawn Partners Consulting is a management-consulting firm that provides its expertise to businesses that employ its services.

Romashka-Z-Leto [24]

Its gross profit could be identical to its net revenue. There might not be a cost of goods sold in a service business. There is no distinction between net revenue and gross profit in this instance.

<h3>What are businesses?</h3>

The practice of earning a living or generating revenue via the production, acquisition, and sale of items is known as business (such as goods and services).
Additionally, it includes "any activity or enterprise undertaken for profit."
The owner of the business is responsible and liable for any obligations made by the business since the business entity is not legally distinguished from the owner by the use of a business name.
If a firm accrues debt, creditors may seize the owner's personal property.
Corporate tax rates are not permitted in a firm structure.
All business income is subject to personal taxation for the proprietor.

<h3>What is Management?</h3>

Management (or managing) is the process of overseeing the operations of a company, nonprofit, or governmental entity.
It is both the science and the art of managing a company's resources.
Setting an organization's strategy and managing employee (or volunteer) efforts to achieve goals through the use of available resources, such as financial, natural, technological, and human resources, are included in management.

Learn more about businesses here:

brainly.com/question/15826771

#SPJ4

8 0

1 year ago

Groups form naturally and there is little anyone can do to influence the success or cohesiveness of a group dynamic

irakobra [83]

Answer:

False.

Explanation:

While it is true that groups often form naturally, it is false that you can't have much influence over a group. A strong leader who understands management principals will be able to influence group dynamics.

8 0

3 years ago

The world's largest producer of municipal solid waste (msw) is ____.

vlada-n [284]

Im thinking its the uk am i right

5 0

3 years ago

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