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3 years ago

A form of ownership that involves multiple outlets under common ownership is refered to as

Business

1 answer:

Sergeu [11.5K]3 years ago

3 0

Answer:

Corporate chain

Explanation:

The corporate chain is that chain that owns its multiple outlets so that it can ensure the day to day activities, profit or losses for a given period of time.

The aim of this to maximize the profit to the greatest extent and captures the market by providing them excellent services so that it can achieve the highest growth during a particular period which results in them into maintaining its reputation and goodwill

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Direct Materials Used in Production Slapshot Company makes ice hockey sticks. On June 1, Slapshot had $42,000 of materials in in

sp2606 [1]

Answer:

$118,000

Explanation:

The formula and the estimation of the direct material used is shown below:

Direct material used = Starting raw material balance + purchase made during the year- ending raw material balance

= $42,000 + $127,000 - $51,000

= $118,000

Adding the purchased amount and deducting the ending raw material balance to the beginning raw material balance for computing the direct material used

4 0

3 years ago

I'm lonely i need a bf

marta [7]

Answer:

sorry I can't as i am a girl

6 0

3 years ago

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A machine operates with the following production cycle:

raketka [301]

Answer:

The capacity of the machine in parts per minute is 3 parts per minute

Explanation:

The Total time = 29 + 90

The Total time = 119 minutes

Total production = 4*90

Total production = 360 units

The capacity = 360/119

The capacity = 3.02521

The capacity = 3 parts per minute

Thus, the capacity of the machine in parts per minute is 3 parts per minute

6 0

3 years ago

The three modern types of entrepreneur that have emerged after the description of different entrepreneurial types by Arthur Cole

NikAS [45]

Answer : Serial Entrepreneur

A serial entrepreneur, like any other entrepreneur, comes up with a new idea and starts a business based on it.

Once the business is established, they delegate the running of this business to someone else and move on to building another new business on another new idea.

As they move on to newer ventures, they may also sell their old ventures. When such ventures are sold, the entrepreneur often makes a windfall gain.

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4 years ago

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The following balances were taken from the books of Crane Corp. on December 31, 2020. Interest revenue $87,000 Accumulated depre

Lostsunrise [7]

Answer:

Net Income 212,800

EPS: 2.128=2.13

Explanation:

The Interst and earthquake are not resutl from the main activity of the business so are calcualted as non-operating and losses.

Sales revenue 1,381,000

Sales discounts (46,000)

Sales returns and allowances (151,000)

Net Sales 1,184,000

Cost of goods sold (622,000)

Gross Profit 562,000

Selling expenses (195,000)

Administrative

and general expenses (98,000)

Operating Income 269,000

Non Operating Income

Interest revenue 87,000

Interest expense 61,000

Loss from

earthquake damage (151,000)

Net Non-Operating (3,000)

Income before taxes 266,000

Income tax expense (53,200)

Net Income 212,800

Earning Per Share: 2.13 (212,800/100,000)

8 0

3 years ago