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3 years ago

What is meant by a viable business idea?

1 answer:

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A business idea that someone has researched their idea and whether it would work. They must identify who the customers are, research what their income is and what their buying habits are etc. to see how much of a profit they would make and if their business would work out.

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Teams and groups tend to have very rigid rules and consequences. True or false

mr Goodwill [35]

That statement is true

A team or a group usually formed based on one similar goals or point of views among the members and a lot of them set up a couple of rules to be imposed among their members to prove that they're committed to the group and its cause.

8 0

3 years ago

Read 2 more answers

Expenses recognition Sun Microsystems uses the accrual basis of accounting and recognizes revenue at the Lime it sells goods or

s2008m [1.1K]

Answer:

Sun Microsystems

Amount of Expenses to recognize during the months of June, July, and August in each of the following transactions:

a. Rent Expense = $30,000

b. Utility Expense = $4,650

c. Supplies Expense = $9,700

d. Property Taxes = $1,800

e. No expense is recognized.

f. Salary Expense = $4,500

g. Advertising Expense = $6,600

Explanation:

Data and Calculations:

a. Rent Expense = $180,000/12 * 2 = $30,000 Rent Prepaid $150,000

b. Utility Expense $4,560

c. Supplies Expense $9,700 ($12,600 - $2,900)

d. Property Taxes = $7,200 *3/12 = $1,800

e. No expense is recognized for the advance payment for delivery van.

f. Salary Expense $4,500

g. Advertising Expense $6,600

4 0

2 years ago

"Which of the following is a support activity in a firm's value chain? A) Inbound logistics B) Operations C) Sales and marketing

Pepsi [2]

Answer:

The technology is a support activity in a firm's value chain.

Explanation:

Value chain analysis means the analysis which adds the value to the organization. It can be categorized in two activities - primary activities and support activities. This value chain analysis is propounded by Porter.

The primary activities includes inbound & outbound logistics, operations, Marketing & sales and service whereas support activities includes firm infrastructure, human resource management, technology , and procurement.

Thus, the technology is a support activity in a firm's value chain.

4 0

2 years ago

During its 1st month of business, Noodlecake's cash increased by receiving $5,000 from issuing common stock to its owners, borro

Anestetic [448]

Answer:

Noodlecake

On its statement of cash flows, Cash Provided by Operating Activities equals $__1,000____ Cash from Investing Activities equals $__(3,000)______ Cash from Financing Activities equals $_7,000______ and the Change in Cash equals $_5,000______ Be sure to use parentheses around the amount if it is a cash outflow, e.g. $(1,000)

Explanation:

a) Data and Calculations:

Financing activities:

Common stock $5,000

Bank loan 2,000

Net cash $7,000

Operating activities:

Cash from customer $3,000

Cash to employees (2,000)

Net cash $1,000

Investing activities:

Equipment ($3,000)

Net cash from cash flows = $5,000

The net cash from cash flows or the change in cash flows is the summation of the changes in the operating, investing, and financing activities of Noodlecake during the period under review. It shows by how much the cash has increased or decreased when compared to the beginning balance, which can be zero as in this case.

3 0

3 years ago

"An automotive company was looking to expand internationally and selected three possible countries in which to build a factory.

zheka24 [161]

Answer: bribery and conflict of interest

Explanation: In simple words, bribery refers to the act under which one individual tries to persuade the behavior of another individual for his benefit by offering him or her monetary benefits.

Whereas, conflict of interest refers to a situation when someone has the authority to make decisions that benefits himself more than the entity he is working for.

Hence we can conclude that the above case depicts bribery and conflict of interest.

8 0

2 years ago