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3 years ago

An ability and an interest are the same thing. Please select the best answer from the choices provided T F

Business

2 answers:

IgorC [24]3 years ago

7 0

The correct answer is F (False)

Explanation:

In general terms, ability refers to a skill or proficiency you have to do something including mental or physical abilities. For example, you can have the ability to cook seafood or to solve equations. On the other hand, an interest is not related to skill but to preference towards something. In some cases our interest in some areas makes us develop an ability, for example, if you are interested in surf over time you can develop an ability. However, these two concepts are not related all the time and are completely different as an ability is related to skills and interest is related to preferences. Therefore, it is false an ability and an interest are the same thing.

Alla [95]3 years ago

6 0

F, ability is if you can do something, and a interest is something you like.

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3 years ago

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3 years ago

The Quick Buck Company is an all-equity firm that has been in existence for the past three years. Company management expects tha

Vika [28.1K]

Answer and Explanation:

a. The computation of the current price per share is shown below:

Current price per share = Value of Firm ÷ Number of stock outstanding

where,

Value of Firm is

= $800,000 ÷ 1.13 + $1,250,000 ÷ 1.13^2

= $1,686,897.96

And, the number of outstanding shares is 35,000 shares

So, the current share price is

= $1,686,897.96 ÷ 35,000 shares

= $48.20

c. The computation of the shares of stock sold is shown below:

No of shares of stock must be sold is

= ($910,000 - $800,000) ÷ 48.20

= $2,282.16

c. The computation of the new price per share of stock is shown below:

Current price per share = Value of Firm ÷ Number of stock outstanding

where,

Value of Firm is

= $910,000 ÷ 1.13 + $1,250,000 ÷ 1.13^2

= $1,784,243.09

And, the number of outstanding shares is 35,000 shares and $2,282.16

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5 0

3 years ago

What are the six stages of the product adoption process

IrinaK [193]

Answer:

the six stages of the product adoption process are :

1. Awareness.

2. Interest.

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5. Confirmation

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3 years ago

Henry Jones contributed equipment, inventory, and $57,300 cash to a partnership. The equipment had a book value of $27,800 and m

Oliga [24]

Answer:

A. $86,900

Explanation:

Henry’s capital account will be credited by the amount of $86,900. See computation below.

Cash $57,300

Equipment 34,100

Inventory 10,400

Note payable (14,900)

————

Total $86,900

*Both the equipment and the inventory will be recorded on partnership’s book at fair market value at the time of contribution.

*The partnership may absorb the obligation if it is associated with an asset contributed by partner. Thus, it will be deducted to his capital account as contribution to the partnership.

3 0

4 years ago