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Airida [17]
3 years ago
6

Discuss the business of a barbershop or hair salon. Name the entities that are the ""main things"" about this business. Give exa

mples of instances for each entity.
Business
1 answer:
Bas_tet [7]3 years ago
7 0

Answer:

An entity is an abstract category or grouping of things that share a common quality, and an instance, is a particular form or type of the entity.

In a barbershop, the main entities would be:

  • Barbers
  • Hair Cutting instruments
  • Furniture

And some instances for each entity would be:

  • Barber - Barber A, Barber B, Barber C, each representing a different person.
  • Hair Cutting instruments - razors, blades, clips.
  • Furniture - chairs, counter, mirrors, brooms, bulbs.

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lidiya [134]

Answer:

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<h2><u>Production</u><u> </u><u>:</u><u>-</u></h2>

✐ <u>Production</u> refers to the process of manufacturing goods from raw materials, or in simpler words, production is the making of something for sale.

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# ꧁❣ RainbowSalt2²2² ࿐

5 0
3 years ago
Lofland's has $20 million in current assets and $10 million in current liabilities, while Smaland's current assets are $10 milli
hjlf

Answer:

c.The transactions would lower Lofland's financial strength as measured by its current ratio but raise Smaland's current ratio.

Explanation:

The current ratio compares current assets with current liabilities showing how many dollars of assets are there for a dollar of liabilities. This tells investors about the company ability to pay short-term obligations or those due within one year.

Current Ratio = Current Asset (CA) / Current Liabilities (CL)

Lofland's NOW = 20 M CA / 10 M CL = 2.00

Lofland's AFTER = 30 M CA / 20 M CL = 1.50

Smaland's NOW = 10 M CA / 20 M CL = 0.50

Smaland's AFTER = 20 M CA / 30 M CL = 0.67

Lofland's current ratio gets lower, so its financial strength as well. Instead, Smaland's current ratio gets higher and It´s financially stronger.

3 0
4 years ago
Explain the difference between the common misconception people have about tax brackets and how they actually work
svetoff [14.1K]

Answer:

Tax brackets misconception is that it defines how much tax will be paid by an individual but this is not true. It only determines the rate of tax which will be applied to the individual for his income.

Explanation:

The tax bracket is determined for an individual based on his salary. After the computation of taxable income tax brackets are selected and rate is applied which ever tax bracket falls correctly. The tax rate applied to the taxable incomes gives the tax amount which is to be paid by an individual.

5 0
3 years ago
In violation of company policy, lowell company erroneously capitalized the cost of painting its warehouse. the auditors examinin
poizon [28]

Answer: Examining the construction work orders supporting items capitalized during the year.

Explanation:

When the Auditors start to examine the work orders that support the Capitalization of items during the year, they will come across the work order for Painting the Warehouse.

Painting a warehouse is not to be capitalized if it had nothing to do with getting the warehouse ready for use by the company.

8 0
4 years ago
Sophia's family is growing, and she needs to buy a bigger car by financing it for five years. Why is it important for her to che
GalinKa [24]

Answer:

To verify the accuracy of his rental history

Explanation:

Based on the scenario in the question, it is it important for Christian to check the information recorded on his credit report so as to verify the accuracy of his rental history.

He has to verify his rental history so as to know if there's a mistake or if the details written are not correct. To apply for the mortgage, he needs to ensure that the details are correct.

Explanation:

4 0
3 years ago
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