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Mnenie [13.5K]
3 years ago
13

Can we run our business without training or not? Give reason.​

Business
2 answers:
kkurt [141]3 years ago
7 0

Answer:

Yes we can start our own bussiness without training. We just have to start the bussiness in the field of that thing, in which we are the most expert.

SashulF [63]3 years ago
5 0

Answer:

Ha we can run our business if we have knowledge

and we have the grip on it and first we have to put interest.

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On December 31, Fighting Okra Cooking Services reports the following revenues and expenses. Service revenue $ 78,500 Postage exp
Studentka2010 [4]

Explanation:

The preparation of the year-end income statement for Fighting Okra Cooking Services is presented  below:

                                      Fighting Okra Cooking Services

                                                 Income statement  

                                                As on December 31

Revenue  

Service revenue $78,500

Total revenues $78,500 (A)

Less: Expenses

Postage expense $1,500

Legal fees expense $2,600

Rent expense $21,000

Salaries expense $22,000

Supplies expense $20,000

Total expenses $67,100 (B)

Net income $11,400 (A- B)

4 0
3 years ago
Presented here are liability items for Teal Mountain Inc. at December 31, 2020. Accounts payable $321,850 FICA taxes payable $15
Maksim231197 [3]

Answer:

Total Liabilities = $2,888,450

Explanation:

<em>Teal Mountain Inc.</em>

Balance Sheet

As of December 31, 2020

<em><u>Current Liabilities </u></em>

Accounts Payable                                                                $ 321,850

FICA taxes payable                                                                $15,990

Notes Payable                                                                        $41,000

Interest Payable                                                                     $82,000

Unearned Rent Revenue                                                     $492,000

Income Taxes Payable                                                               $7,175

Sales Taxes Payable                                                                 <u>$3,485 </u>

<em>Total Current Liabilities                                                          $963,500</em>

<em>Long Term Liabilities:</em><em> </em>

Bonds Payable                                             $1,845,000

Less: Discount on Bonds Payable                 <u>($84,050)</u>       $1,760,950

Notes Payable                                                                          <u>$164,000</u>

<em>Total Liabilities </em>                                                                    <u>$2,888,450</u>    

6 0
3 years ago
An increase in interest rates affects aggregate demand by
KatRina [158]

Answer:

A - shifting the aggregate demand curve to the​ left, reducing real GDP and lowering the price level

D - ​consumption, investment, and net exports​ decrease; aggregate demand decreases.

Explanation:

If interest rates increase, it becomes more expensive to borrow money (since there is a larger amount to be paid back on top of the value of the loan) and more beneficial to save money (since banks will pay more for saving). This means that consumers are less likely to take out loans and more likely to store their money in the bank, leading to a reduction in consumption—less consumer spending, more saving. Likewise with firms, which will be less likely to invest in new capital (because borrowing funds to buy it costs more) and more likely to save profits. This reduction in consumption and investment means that aggregate demand falls, represented in a diagram by a shift to the left.

Thanks

5 0
3 years ago
Classify technical education with example?​
german

Answer:

A kind of education which equips with skills that involve the use of practical approaches and other physical instruments in executing projects. Technical education is learning something about a specific work scientifically in detail and practical.

A few common examples include schools and education programs that focus on science and engineering, information and technology, architecture and design, business and fipnance, health and social services, education and child development, hospitality and tourism, or the fine and performing arts.

7 0
3 years ago
How do self-interest and competition affect the market.
ikadub [295]

Answer: Self-interest, competition, and incentives promote smoothly running markets. Unforeseen events disturb supplies of goods and services and affect prices in the marketplace. Rising prices, specialization, negative incentives, and multiple markets.

Explanation: Hope this helps :)

7 0
3 years ago
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