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2 years ago

How do property rights benefit entrepreneurs?

2 answers:

7 0

Enabling them to purchase capital and use it as they fit. having the rights means they can use the property for martgage and raise loans,or show as an asset and acquire capital on its worth. they can sublet the property and get resources from the rent as well

PIT_PIT [208]2 years ago

6 0

Property rights refers to the ownership of individuals and businesses to property. The rights they have allow them to do what they want on the property whether it be lease, own, build, exchange or sell goods to other businesses or consumers. There are many options that allow entrepreneurs to gain from owning the property and using it as a resource.

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Kicks corporation sells running shoes and during janurary they ran production machines for 20000 total hours and incurred 9000 i

Dafna11 [192]

Answer:

$0.3 per machine hour

Explanation:

The computation of the variable maintenance cost per machine hour using the high low method is shown below:

Variable cost per machine hour = (High maintenance cost - low maintenance cost) ÷ (High machine hours - low machine hours)

= ($9,000 - $7,200) ÷ (20,000 machine hours - 14,000 machine hours)

= $1,800 ÷ 6,000 machine hours

= $0.3 per machine hour

7 0

3 years ago

On December 31, 20X9, Pluto Company acquired 100 percent of Saturn Corporation's common stock for $300,000. Balance sheet inform

maw [93]

Answer:

The $60,000 amount of inventory will be included in the consolidated balance sheet immediately following the acquisition

Explanation:

According to the accounting principles, the inventory is recorded at the cost or fair market value whichever is lower.

The inventory balance which is given in the balance sheet is $75,000

And, its fair market value is $60,000

So, the inventory would be recorded at 60,000

The other items which are given in the question are irrelevant. Therefore, we don't consider them in the computation part. Thus, we ignored them.

Hence, the $60,000 amount of inventory will be included in the consolidated balance sheet immediately following the acquisition

4 0

2 years ago

Cycle Haven, Inc. offers warranties on all their bikes. They estimate warranty expense at 4.5% of sales. At the beginning of

Aleks04 [339]

Answer:

$13,725

Explanation:

The movement in the warranty payable account over a period is as a result of the warranty expense for the period and the warranty payments made during the period.

Given that the company estimate warranty expense at 4.5% of sales, the estimated warranty for the period is the expense recorded in the income statement. This is equivalent to

= 4.5% * $305,000

= $13,725

5 0

2 years ago

Karen is designing a process for issuing checks and decides that one group of users will have the authority to create new payees

Nataly [62]

Answer:

D. Separation of Duties

Explanation:

Separation of duties also know as segregation of duties refuses that one person he responsible of acquisition of assets, their custody and related record keeping. The process in which Karen is using to prevent fund by separating individuals who as the authority to issue checks is known as separation of duties. It is a form of internal control aimed at reducing risk of errors and frauds.

4 0

2 years ago

How is marketing a service different than for a product?

satela [25.4K]

The marketing of services differs from product marketing because of the four fundamental differences involved in services: services are intangible, inseparable, heterogeneous, and perishable

4 0

2 years ago