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const2013 [10]
3 years ago
12

Glenda opened a tax accounting business where she works with small businesses to manage their finances and prepare their records

for tax season. Glenda's primary objective when she opened her business was: a. improving personal skills. b. educating businesses on tax law. c. changing the tax code. d. making a profit.
Business
1 answer:
pav-90 [236]3 years ago
3 0

Answer:

making a profit

Explanation:

Profit making refers to the operations in which an individual or an organisation tries to sell their output in access of their production cost . In simple words, every individual that starts a business initiates it with the primary objective of  earning income from those activities.    

It is seen as the main incentive as no business could stand in the market without making sufficient profits for running and expanding their operations in the long and short run.

Thus, from the above we can conclude that the correct option is D.

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In order to price discriminate, a firm must
Andreyy89

Answer:

A. have permission from the government.

B. face a downward-sloping demand curve.

C. set price equal to marginal cost.

D. be sure the price-marginal cost ratio is the same for all its submarkets.

Explanation:

8 0
4 years ago
How long do you have to work to qualify for unemployment?.
frutty [35]

until you are eligible to pay check entitlement

6 0
3 years ago
Read 2 more answers
The process of transferring the debits and credits from the journal entries to the accounts is called a.journalizing b.sliding c
Rudiy27

Answer:

d. posting

Explanation:

There are various steps to prepare the financial statements. These are as follows:

1. Journalizing: It is a recording of business transaction with a narration in which the one account is debited and the other account is credited. It can be more transactions debited and credit that is depending upon the nature of the transaction.

2. Ledger posting: After recording the journal entries, the next step is to make the number of ledger i.e posting of the amount and the accounts to their respective ledger i.e sales ledger, purchase ledger, etc

3. Trial balance

4. Income statement

5. Statement of owners equity

6. Balance sheet

7. Cash flow statement

4 0
3 years ago
A firm reported salary expense of $239,000 for the current year. The beginning and ending balances in salaries payable were $40,
Alborosie

Answer:

C. $264,000

Explanation:

The computation of the amount of cash paid for salaries is shown below

= Opening balance of salaries payable + salary expense - closing balance of salaries payable

= $40,000 + $239,000 - $15,000

= $264,000

Hence, the amount of cash paid for salaries is $264,000

Therefore the correct option is c.

We simply applied the above formula so that the correct value could come

And, the same is to be considered

4 0
3 years ago
n any quarter the college needs to make available 8 less English sections than Math sections. In any quarter student demand for
Andrei [34K]

Answer:

math =  24

English = 16

Philosophy  = 8

Explanation:

Given that the college needs to make 8 less English courses available compared to math In each quarter

Let English  = x ,   math = x + 8    ( in each quarter )

philosophy demand by student in each quarter = 1/2*x = x/2

limit of all three courses in a classroom = 48

i.e.  x + (x+ 8 ) + x/2 = 48

    = 2x + x/2 = 48 - 8

    = 2x + x/2 = 40 ∴  5x / 2 = 40

hence : x = 80 / 5 = 16

<u>The number of sections of each course that the college should make available in each quarter to meet demand </u>

math = x + 8 = 16 + 8 = 24

English = x  = 16

Philosophy = x/2 = 16 / 2 = 8

7 0
3 years ago
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