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4 years ago

Which of the following reflects Falkenstien's "Platinum Rule"?

Business

2 answers:

Korolek [52]4 years ago

8 0

Look at the world from your perspective coustomers' prospective, and identify their needs and wants

Falkstien's Platinum Rule takes the golden rule one step further and says "treat others the way <em>they </em>want to be treated."

Crazy boy [7]4 years ago

7 0

Answer:

Look at the world from your perspective coustomers' prospective, and identify their needs and wants.

Explanation:

I've discovered it described The Platinum Rule (since it is deserving more than gold).
The Platinum Rule states we should perform unto others the direction they require us to perform unto them.
In other terms, you have to manage people the style they want to be managed, not the style you want to be managed.

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Bill Carson owned some land that was mortgaged to Bob Jordan. Carson erected a building on this land in which he installed heavy

irinina [24]

Answer:

In this case, when Carson mortgaged the land to Bob Jordan. he mortgaged the land and not the building or furniture.

The building, Plant and Machinery placed by Bill is not included for the mortgaged carried out by Bill and its free from any impediment.

Secondly, Bob cannot have an assert on the Building, Plant and Machinery unless its specifically mentioned in the original mortgaged documents.

Explanation:

Solution

In this scenario when Carson mortgaged the land to Bob Jordan. he mortgaged the land and not the building or furniture.

If Bill Carson has taken the loan without no alternative, what it implies is that if the land is not sufficient to repay the loan taken, Bob cannot have claim on the personal property of Bill.

The building, Plant and Machinery installed by Bill is not part for the mortgaged done by Bill and its free from any burden.

Bob cannot have any claim on the Building, Plant and Machinery unless its specifically stated in the original mortgaged documents.

7 0

3 years ago

On January 1, Year 1, Andrei’s Design Inc., purchased equipment for $60,000. Residual value at the end of an estimated four-year

Likurg_2 [28]

Answer:

a. $10,000

b. $19,000

c. $41,000

Explanation:

The computations are shown below:

The depreciation per hour would be

= (Original cost - residual value) ÷ (estimated machine hours)

= ($60,000 - $10,000) ÷ (20,000 hours)

= ($50,000) ÷ (20,000 hours)

= $2.5 per hour

a. Now for the second year, it would be

= Machine hours in second year × depreciation per hour

= 4,000 units × $2.5

= $10,000

b. Accumulated depreciation would be

= (Machine hours in year 1 + Machine hours in year 2) × depreciation per hour

= (3,600 hours + 4,000 hours) × $2.5

= $19,000

c. And, the book value would be

= Original cost - accumulated depreciation

= $60,000 - $19,000

= $41,000

3 0

3 years ago

Suppose you to establish a business.describe how you would use any five entrepreneurial qualities to make sure that your busines

Lina20 [59]

1.Not being afraid to delegating tasks- do not be afraid to delegate tasks to an experienced member of your company that has the ability to get tasks completed.

2. Listening and communicating well - avoid wasting priceless time repeating and redoing tasks due to poor communication.

3. Seeking help - don't be afraid to ask for help when needed it can help boost your level of communication within the business.

4. Open-minded- ask for advice, fear of failure can make it easy to grip onto your vision.

5. Constant flow of ideas- being a succesful entrepreneur is a lifestyle choice.

3 0

3 years ago

Landlord Bruce has given Wayne an estate at will for the last 5 years. However, Bruce is tired of Wayne residing on his property

Katen [24]

Answer:

30 cays

Explanation:

California law establishes a 30 day notice period when a landlord wants to terminate tenancy, including a tenancy that doesn't require a monthly payment like Wayne's situation.

Only a limited number of reasons would allow Bruce to make a shorter notice and they are all very serious issues, e.g. if Wayne did something illegal in the property like selling drugs, or destroyed or damaged severely some part of the property.

6 0

3 years ago

Bennett Griffin and Chula Garza organized Cole Valley Book Store as a corporation; each contributed $70,200 cash to start the bu

Verizon [17]

Answer:

The net income is $94,450

Explanation:

For computing the net income first determine the total assets and total liabilities which is shown below:

For total assets

= cash + account receivable + store & office equipment

= $69,350 + $39,000 + $73,000

= $181,350

For total liabilities

= Account payable + note payable

= $13,300 + $3,400

]= $16,700

Now with the help of an accounting equation, the total stockholder equity is

Total assets = Total liabilities + common stock + net income

$181,350 = $16,700 + $70,200 + net income

So, the net income is $94,450

8 0

3 years ago