Answer:
Therefore, An office is an important part of the organization in which different administrative and clerical functions are performed to achieve the objective of the organization. It has given importance to a functional area of business rather than a specific place. ... The office is the brain of an organization.
Answer:
International Monetary Fund, IMF and the World Bank
Explanation:
The Bretton Woods Agreement was negotiated in July, 1944 which established a new global monetary system. It made US dollar the global currency and replaced gold standard.
This agreement created The World Bank and International Monetary Fund (IMF) which would monitor the new monetary system.
The Bretton Wood system was dissolved in 1970's but IMF and The World Bank still exist and are strong pillars of global monetary system.
Answer:
<u> Assets = Liabilities + Equity </u>
1) 15,000 0 15,000
2) 9,000 9,000 0
3) 1,200 1,200 0
4) 2,400 2,400 0
5) (12,000) 0 0
12,000 0 0
6) 3,000 0 3,000
7) (4,000) (4,000) 0
8) (2,400) (2,400) 0
9) 0 (1,200) 1,200
10) (1,000) 0 (1,000)
TOTALS 23,200 5,000 18,200
Answer:
Paul Hyatt is fully liable for all business debts
Explanation:
Unlimited liability in this scenario, means that Paul Hyatt is fully liable for all business debts. That is because unlimited liability is defined as the full legal responsibility that business owners and partners assume for all business debts, and since Paul Hyatt is a sole proprietor which means that he both owns and runs DeepCleans and there is no legal distinction between him and the business entity, then he is fully liable for debts and profits of DeepClean.
Answer:
Purchases she could have made with $30,000 plus the earnings foregone
Explanation:
Opportunity cost refers to the benefit obtained from the next best alternative.
Here, the opportunity cost of spending a year in the college is the purchases worth of $30,000 that she would have do it and the money income that she would have earned it.
Opportunity cost can be represented in terms of monetary and non monetary.
