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bagirrra123 [75]
3 years ago
11

[preparing trial balance] I am suppose to be preparing a trial balance but base on the accounts and information I have, I have t

he cost amounts for two years. How would I do that?
Business
1 answer:
LuckyWell [14K]3 years ago
3 0
[preparing trial balance] I am suppose to be preparing a trial balance but base on the accounts and information I have, I have the cost amounts for two years. How would I do that?
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The rest of the world sees problems; Martin sees opportunity. He made money in real estate and lost it when the recession hit. B
Ierofanga [76]

Answer:

Resilience

Explanation:

In psychology, the term resilience refers to the process of coping with trauma, tragedy or adversity and adapt to it. But it doesn't only refer to the process of adaptation but actually it involves personal growth. In other words, the person grows thanks to the adversity, the person also sees problems as an opportunity to learn and become a better person.

In this example, Martin sees opportunity where the rest of the world sees problems, he made money and lost it but he's wealthy again. We can see that Marty has coped with adversity (the recession) but he adapted to it and he found a way to go through that and earn a living and become wealthy again, thus, this is an example of high resilience.

8 0
3 years ago
Supply costs at Lattea Corporation's chain of gyms are listed below:
Reptile [31]

Answer:

The correct answer is d. $0.31 per client-visit; $24,766 per month.

Explanation:

The costs can be of fixed nature or a variable nature or of a mixed nature. A mixed costs contains a component of both fixed and variable costs. The high-low method is used to calculate the variable component per unit of a mixed cost. Th formula for high low method is:

Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest activity level - Lowest activity level)

the highest activity is in June, 13400 client visits and the highest cost is also of this activity. The lowest activity is in August, 11207 client visits and the lowest cost belongs to this activity.

Variable cost per unit = (28920 - 28235)  /  (13400 - 11207)

Variable cost per unit = $0.31 rounded off to two decimal places

The fixed cost = Total cost - total variable cost

Taking 13400 activity,

The fixed component is = 28920 - (0.31 * 13400) = $24766 per month

Thus, the correct answer is d.

5 0
3 years ago
Which of the following equations describes customer value?
Vlad1618 [11]

Answer:

A. Customer value = customer benefits - customer cost

Explanation:

The customer value is the worth of a product or a service as compared to other alternatives in the standpoint of a customer.

It is basically like the worth of obtaining a product or a service is to a customer. Customer value can be considered how a customer benefits from the product minus the cost of obtaining the product.

Benefits and cost does not always have to be in the form of cash. A benefit can be in the form of quality, value, experience and cost can be in terms of time, effort, or energy.

4 0
3 years ago
Why might large corporations be more likely to support development of sustaining technology rather than emerging technology?
elixir [45]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

The large corporations be more likely to support development of sustaining technology rather than emerging technology is because the <span> technology is already aligned with main revenue streams.
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The answer is C. 
4 0
3 years ago
Read 2 more answers
Which one of the following is most apt to create a situation where an agency conflict could arise?A. increasing the size of a fi
Doss [256]

Answer:

C. Separating Management from Ownership

Explanation:

What is Agency

The agency refers to contractural, quasi-contractual and non-contractual fiduciary relationships which represents two to three parties. The first is a person called the agent, the second is the principal and the final is a third party. Agency authorizes an agent to act on behalf of the principal and create binding relatinships with a third party.

Agency Conflict

Agency conflict represents a conflict of interest which is unavoidable in an agency relationship where one party is to act in the best interest of the other party. Specifically, in the business or corporate settings, the agency conflict arises when there is a conflict of interest between an organisation's management and the owners of the organisation.

The challenge is that management who is the agent is expected at all times to make decisions that will constantly maximize the wealth of the owners and at times, these decisions would conflict with management's ability to maximize its own wealth

Therefore, once the management of an organisation is separated from ownership especially in a Management/ shareholders relationship, an agency conflict could arise.

6 0
3 years ago
Read 2 more answers
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