The answer would be A because the key word is manufacturing and that means Mark is building something he visioned. So, the business he started although small inspired enough people to work for what he envision. B, C, and D are wrong because it does not hint or say in the question about any of those answer choices.
Answer:
The answer is: Equity at the end of the year will be $123,000
Explanation:
At the beginning of the year the balance sheet was as following:
assets $195,000 liabilities $75,000
equity $ 120,000
Then during the year the income statement is:
- total revenues $226,000
- <u>total expenses $175,000 </u>
- net income $ 51,000 (this increases assets and equity)
If the owners withdrew $48,000, then cash and equity will decrease.
The ending balance for the year:
assets $195,000 + $51,000 liabilities $75,000
-$48,000 = equity $120,000 + $51,000 - $48,000 =
$198,000 $123,000
There are different kinds of theory. The principles that Adam Smith believe essential to the survival of an economy is the freedom to land and hold on to business profits.
<h3>What kinds of freedom did Adam Smith believe were vital to the survival of any economy? </h3>
Adam Smith was known to believe that the making of more resources available to all can make us to be more wealthier.
He believed freedom was important, such as the freedom to own land or property and hold on to the profits. He believed that people will participate in working very well, if they are given reward.
L earn more about Adam Smith from
brainly.com/question/50
Answer:
E) ceremonies
Explanation:
In an organization's culture, ceremonies are extremely important for what they represent, not necessarily for the monetary amount of a price. A ceremony is a formal event and in this case it occurs in front of almost all the employers of the retail chain. The employee that is awarded the prize is not only given money, he/she is also being recognized for being the employee of the year in front of everyone else.
