Answer:
<u>a. True</u>
Explanation:
Indeed, we could rightly say the statement is true by remembering the four key factors of production (business):
- capital (wealth)
- labor
- resources
- entrepreneur.
Labor is part of the list of important factors and political freedom allows the entrepreneur to sucessfully manage business activities.
Answer
The correct answer is:
$16,600
Explanation:
The ending inventory is the total value of the inventory at hand, that was not sold for the year. To calculate this, we will subtract the total cost of goods sold from the total purchase. This is shown below:
Beginning inventory = $ 19,600
Purchased inventory = $ 233,000
Total inventory value in the year = $ 252,600
Cost of goods sold = $ 236,000
Therefore, Ending inventory = Total inventory value in the year - Cost of goods sold
= 252,600 - 236,000 = $16,600
Answer:
It will be considered a long-term capital gains as Renata Corporation holded for a priod of time longer than a year.
The gain will be the difference between tax basis (cost - tax purporse depreciation) which amount to $13,000
Explanation:
selling price 110,000
180,000 - 83,000 = 97,000 tax basis
long.term capital gain 13,000
Answer: e.controlling
Explanation:
Controlling is one of the functions of a manager. It entails ensuring that an organisation is still on track to achieve set out objectives and making necessary corrections if it isn't.
Other functions of a manager includes-
a.Planning - it involves the development of an organisation's goals. it involves strategizing on how to achieve goals set out by the organisation.
b.Directing - it involves putting patterns, resocurces in place to ensure goals are achieved.
c.Leading - it involves encouraging, correcting and assisting members of staffs in achieving organisation's goals.
Answer:c. the long-run shift or movement in the time series observable over several periods of time.
Explanation:
trend
Trend is an observable change that occurs slowly in an output or it can be the observed change in a particular series of points which approaches a particular direction at a certain period and can be seen by a line or curve on the graphs.
For example we can observe a trend in Forex trading graphs to see how a particular currency is doing so that we may determine our next move in trending or in buying stocks or selling stocks.
