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3 years ago

Jeff and Bill’s business is well received. However, they must quickly make a major change or the business will fail.

Business

1 answer:

Studentka2010 [4]3 years ago

5 0

Answer:E. A more efficient use of resources.

Explanation:

Resources refers to both human and materials input needed in achieving a firms objectives.

Having had their business well received , task before them will be sustainability and improvement of performance and this comes under making efficient use of resources.

The developing new ideas, a more systematic structure, additional people to provide services, better ways motivate associates all come under efficient use of resources.

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The lower of cost or market approach is Blank______ for companies that use Blank______. Multiple choice question. required under

LenaWriter [7]

The lower cost or market approach is (C) required under GAAP for companies that use LIFO or retail inventory.

<h3>What is market approach?</h3>

The market approach is a method of evaluating an asset's worth based on the selling price of comparable assets.
Along with the cost technique and discounted cash-flow analysis, it is one of three main valuation methodologies (DCF).

Companies that use LIFO or retail inventory are obligated by GAAP to use the lower cost or market method.
A realtor, for example, can gather information on comparable real estate sales in close vicinity to a client's property and modify those values to account for differences in land area and building square footage to arrive at a market-based valuation for the targeted property.

Therefore, the lower cost or market approach is (C) required under GAAP for companies that use LIFO or retail inventory.

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The complete question is given below:

The lower cost or market approach is _____ for companies that use _____.

a. optional under GAAP; LIFO or the retail inventory

b. optional under GAAP; any method of inventory valuation

c. required under GAAP; LIFO or the retail inventory

d. required under GAAP; any method of inventory valuation

7 0

1 year ago

What strategy did president roosevelt use to restore america's confidence in government and the private banking system?

Klio2033 [76]

The strategy used by president Roosevelt to restore America's confidence in government and the private banking system was that, he reassured fireside talks on the radio.

Roosevelt fought to expand the role of the federal government in the nation's economy, and also embraced Keynesian economic policies. He also implemented a series of projects and programs called the New Deal to stabilize the economy.

Roosevelt called his radio talks about issues of public concern as fireside talks. These talks made Americans feel as if President Roosevelt was talking directly to them. He continued to use fireside talks throughout his presidency to address the fears and concerns of the Americans

Hence, these talks gave confidence to the American people to overcome their fears.

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1 year ago

Joseph wants to take out a large loan. He has always paid his bills on time and has a fantastic credit score. He has been with h

oksano4ka [1.4K]

Joseph is probably denied credit due to his bad character, which is an essential element of the Three C's of Credit.

<h3>What are the Three C's of Credit?</h3>

To determine the credibility of a person for grant of a loan or an advance, a lender takes into consideration the Three C's of credit, which are as follows,

Character
Capacity
Capital or Collateral.

Collaterals or Capital help in determination of security of lender from borrower, in case when the borrower is unable to repay the credit. Capacity determines the ability to repay the credit.

Character, on the other hand, helps in determination whether the customer or the borrower's behavior, and the qualities of his or her character in the society.

Hence, the three C's of credit are explained above.

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1 year ago

Supporters of free trade argue that it creates which economic benefit?

Zepler [3.9K]

Answer:

C. Increasing efficiency by allowing for greater specialization

Explanation:

A free economy is one where the forces of demand and supply determine production and consumption. The government or the central authority does not interfere with economic activities in a free economy.

In a free economy, the factors of production are held by the private sector. There is increased business competition as entrepreneurs have the freedom to open a business of their choice. Buyers have the liberty to buy from their preferred suppliers. Businesses are profit-motivated, which forces entrepreneurs to be creative and innovative to win customers and make more sales. They have to specialize and increase their efficiency to be more competitive.

7 0

3 years ago

Read 2 more answers

During 2018, Montoya (age 15) received $2,200 from a corporate bond. He also received $600 from a savings account established fo

Ann [662]

Answer:

The correct answer is option (C) $ 1,750

Explanation:

Given data:

Amount received from corporate bond = $ 2,200

Amount received from a savings account = $ 600

Thus, the total income = $ 2,200 + $ 600

The total income = $ 2800

Now,

the standard deduction for the person claimed as dependent's on another's tax return = $ 1,050

Hence, the total taxable income = Total income - standard deduction

the total taxable income = $ 2,800 - $ 1,050 = $ 1,750

Hence, the correct answer is option (C) $ 1,750

3 0

3 years ago