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3 years ago

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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Which policy involves working closely with allies to come up with a unified plan of action?

Lyrx [107]

Multilateralism is the policy that involves working closely with allies

6 0

3 years ago

The trial balance of D. Savage Company at the end of its fiscal year, August 31, 2017, includes these accounts: Inventory $17,20

Inessa [10]

Answer and Explanation:

The preparation of the cost of goods sold is presented below:

Cost of goods sold statement

Opening inventory $17,200

Add:

Purchase $149,000

Freight in -$4,350

Less:

Purchase Return -$2,000

Less:

Closing inventory -$23,000

Cost of goods sold $136,850

6 0

3 years ago

Return on investment LO A1, A2 ZNet Co. is a web-based retail company. The company reports the following for 2017. Sales $ 23,16

katovenus [111]

Answer:

2017

ROI = 18%

Profit Margin = 30%

2018

ROI = 25.2%

Investment Turnover = 84%

Explanation:

The formulas for the required ratio are as follows,

ROI = Operating income / Average invested assets

Profit margin = Operating Income / Sales

For 2017,

ROI = 6,948,000 / 38,600,000 = 0.18 = 18%

Profit margin = 6,948,000 / 23,160,000 = 0.3 = 30% of sales

For 2018, we compute increased sales first

Sales = 23,160,000 * 1.4 = $32,424,000 after 40% increase

with profit margin staying the same, profit for 2018

Profit = $32,424,000 * 0.3 = $9,727,200

Using the earlier formulas,

ROI = $9,727,200 / 38,600,000 = 0.252 = 25.2%

Investment turnover = Sales / Average invested assets

Investment Turnover = $32,424,000 / 38,600,000 = 0.84 = 84%

Hope that helps.

8 0

3 years ago

Read 2 more answers

A practitioner is engaged to prepare a client's federal income tax return for 20X1 and 20X2. The practitioner files the 20X1 ret

dimaraw [331]

Question Completion with Options:

A.) Notes the practitioner took when meeting with the client about the 20X1 and 20X2 tax returns.

B.) The engagement letter executed by the client for preparation of the 20X2 federal income tax return.

C.) An appraisal the practitioner prepared in connection with the 20X1 federal income tax return.

D.) Schedules the practitioner prepared, which the client needs to file in its 20X2 federal income tax return.

Answer:

Under IRS Circular No. 230, the records the practitioner must return to the client are:

D.) Schedules the practitioner prepared, which the client needs to file in its 20X2 federal income tax return.

Explanation:

Under IRS Circular No. 230, the practitioner must, at the request of a client, promptly return all records to enable the client to comply with his or her Federal tax obligations. However, the practitioner may retain copies of the records returned to the client. This means that the fees dispute does not stop the practitioner from returning records to the client.

4 0

3 years ago

In January 2021 Boxer Corporation purchased a patent at a cost of $219,000. Legal and filing fees of $59,000 were paid to acquir

Ne4ueva [31]

Answer:

$234,600

Explanation:

The computation of the amount charged is shown below;

Cost of patent os

= $219,000 + $59,000

= $278,000

Now

Amortization for 3 years i.e from 2021 to 2024

= ($278,000 ÷ 10) × 3

= $83,400

Now

Net cost of patent is

= $278,000 - $83,400

= $194,600

And, finally

Amount charged to income is

= $194,600 + $40,000

= $234,600

8 0

3 years ago

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

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