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ollegr [7]
3 years ago
5

What is the advantage to spending less money than is earned?

Business
2 answers:
tamaranim1 [39]3 years ago
8 0
Pretty much saving up money. if you can save up enough you can treat yourself later in life
denpristay [2]3 years ago
8 0
Hi there!

When you're spending less money than what you've earned, you can save the extra money (that you could have spent) for later. You'll also have more money overall, and make a profit. 

Hope this helps!
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At most movie theaters, one employee sells tickets and another employee collects them. One night, when you’re at the movies, you
Naily [24]

Answer: Division of Labour

Explanation: This is the division of a task or job role into smaller parts between two or more people.

Division of Labour helps to achieve a higher rate of productivity and efficiency.

By having the same person doing both jobs productivity and efficiency is low, because the workload increase on that individual which directly affects his performance on the job.

3 0
4 years ago
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What can a pure market economy also be called
bonufazy [111]
A pure market economy is also called capitalism. or pure capitalism.
4 0
4 years ago
Tough Hardware purchases raw materials and processes those purchases through a receiving/inspection process prior to stocking fo
Reptile [31]

Answer:

A) The journal entry to record the first purchase order:

Dr Receiving Inventory - milling blanks 6,875

    Cr Accounts payable 6,875

The journal entry to record the second purchase order:

Dr Receiving Inventory - sheet metal 62,200

    Cr Accounts payable 62,200

The journal entry to record the third purchase order:

Dr Receiving Inventory - milling lubrication 2,375

    Cr Accounts payable 2,375

B)

Dr Receiving Inventory - milling blanks 6,930

    Cr Manufacturing overhead 6,930

Dr Receiving Inventory - sheet metal 11,055

    Cr Manufacturing overhead 11,055

C)

Dr Receiving Inventory - milling lubrication 175

    Cr Manufacturing overhead 175

D)

Dr Raw materials inventory 89,610

    Cr Receiving Inventory - milling blanks 13,805

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3 0
4 years ago
Kegler Bowling buys scorekeeping equipment with an invoice cost of $185,000. The electrical work required for the installation c
QveST [7]

Answer:

The total recorded cost of score-keeping equipment is $$221,610  

Explanation:

The cost of score-keeping equipment comprises of the invoice cost of the equipment,installation costs,delivery and sales tax incurred on the purchase since the sales tax is not recoverable from relevant tax authority

The cost of equipment is computed thus:

Invoice price                           $185,000

Installation cost                        $19,425

Delivery costs                           $3,885

Sales tax                                   $13,300

Total cost                                $221,610  

The repair cost is not included as it is expected to expensed as incurred by recognizing it in income statement

7 0
4 years ago
Tiffany graduated from college and needed to decide where she wanted to work. She had several options. Her aunt Martha owned and
bixtya [17]

Answer:

Based on the information provided,what type of business does Tiffany's aunt operate?

E) Sole proprietorship.

Explanation:

A sole proprietorship is the simplest and most common type of business in the US. Generally sole proprietorships are small businesses, family owned and operated. A sole proprietorship is owned by a single person, in this case aunt Martha. This type of business is considered a pass through entity since it is not taxed directly, instead the owner is taxed. The main disadvantage of sole proprietorships is that the owner is personally liable for all the company's obligations.

7 0
3 years ago
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