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3 years ago

Match the effect with the cause.

Business

2 answers:

oee [108]3 years ago

7 0

a. resources can be moved where they're needed-------trade

Trade includes the exchange of products or administrations starting with one individual or substance then onto the next, regularly in return for cash. A system that permits exchange is known as a market.

Trade is a fundamental financial idea including the purchasing and offering of products and ventures, with remuneration paid by a purchaser to a dealer, or the trading of merchandise or administrations between parties.

b. workers have an incentive to improve their skills-------competition

Competition is the basic driver of execution and advancement. It benefits everybody by empowering us to browse a variety of fantastic items at reasonable costs. Competition additionally supports the selection of advancement as organizations develop and new thoughts prosper in the commercial center.

Customers remain to pick up the most from more prominent competition in the data innovation (IT) advertise. Reasonable and open competition implies bring down costs and more noteworthy decision.

c. wasted movements are eliminated-------------specialization

Specialization is a strategy for generation whereby a substance centers around the creation of a restricted extent of products to pick up a more prominent level of proficiency. Numerous nations, for instance, represent considerable authority in delivering the products and ventures that are local to their piece of the world, and they exchange for different merchandise and enterprises. This specialization is, subsequently, the premise of worldwide exchange, as couple of nations have enough generation ability to be totally self-maintaining.

Norma-Jean [14]3 years ago

6 0

Answer:

trade-resources can be moved theyŕe need

competition-workers have an incentive to improve their skills

specialization-wasted movements are eliminated

Explanation:

just did this on apexs

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false

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3 years ago

What are the advantages and disadvantages of seeking financial start up from a

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4 years ago

Read 2 more answers

Which of the following will shift the supply curve to the left?

seropon [69]

Answer:

The correct answer is option a.

Explanation:

An increase in the price of inputs of production will cause an increase in the cost of production. The firm will now be able to produce less at the same cost.

As a result, the supply of the commodity will decline. this causes the supply curve to shift to the left further causing an increase in the price of the product.

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4 years ago

On January 1, 2020, Tamarisk Co. leased a building to Carla Vista Inc. The relevant information related to the lease is as follo

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martphones are a type of handheld computer that do not need input, output, processing, or storage.

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3 years ago

The following information concerns the intangible assets of Epstein Corporation: On June 30, 2021, Epstein completed the acquisi

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Answers:

a. Acquisition of cost of corporation = $2,420,000

Less: Fair value of net identifiable assets = $2,050,000

Cost of good will = $370,000

Note: Goods will is not amortized

b. Cost of patent purchase = $91,200

Legal life = 13 years

Estimated useful life= 8 years

Ammortization = Cost / Estimated useful life

= $91,200/8 years

=$11,400

Ammortization per annum is $11,400

Patent is purchased on 30/6/2021

Calculation of amortization for 6 months periods

Amortization for 6 months (July-December)= $11,400 * 6/12

=$5,700

Note: Amortization should be amortized on basis of their amortized value that is, 8 years.

c. Calculation of amortization cost for franchise

Cost = $250,800

Life=11

Purchased on 1/10/2021

Amortization = Cost / Estimated useful life

= $250,080/11

=$22,800

Amortization per annum is $22,800

Calculation of the amortization for 3 month period=

Amortization of 3 month (Oct-Dec.) = $22,800 * 3/12

=$5,700

d, Journal Entries Debit$ Credit$

Amortization Expenses 5,700

Patent 5,700

(To record the amortization expenses)

Amortization Expenses 5,700

Franchise 5,700

(To record the amortization expenses)

e. Partial Balance Sheet

Assets $ $

Current Assets

Long term Assets

Tangible assets 2,050,000

Intangible assets

Goodwill 370,000

Patent 91,200

Less: Accumulated Depreciation 11,400 79,800

Franchise 250,800

Less: Accumulated Depreciation 22,800 228,000

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3 years ago