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Mila [183]
3 years ago
11

Clearly assigned roles and responsibilities are particularly important in family businesses.

Business
2 answers:
coldgirl [10]3 years ago
8 0

Answer:

True

Explanation:

The statement is true, roles and responsibilities are very important in family business. Relatives regularly fill more than one job in the organisation so as to keep it running. Likewise, if the administration covers and family jobs and duties are uncertain to everybody, opposition or even absolute battling is bound to happen in light of the fact that the individuals included know each other well indeed.

nadya68 [22]3 years ago
5 0

Answer:

TRUE

Explanation:

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Novak Corp. developed the following information about its inventories in applying the lower-of-cost-or-net-realizable-value(LCNR
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Answer:

$427,000

Explanation:

Calculation for what the value of the inventory reported on the balance sheet would be

Value of the inventory= $139,000 + $93,000 + $195,000

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Therefore the value of the inventory reported on the balance sheet would be $427,000

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2 years ago
Q 3.53: During the month of August, Jackson Products recognizes $15,000 in revenues. Jackson's accounting staff records these re
soldi70 [24.7K]

Answer:

This journal entry is incorrectly recorded making the company's net income decrease in its income statement, retained earnings are decreased in its retained earnings statement, and its assets (receivable account) and the equity of its shareholders both decrease in your balance sheet

Explanation:

The right Journal entry is:

D Account receivable          15000

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4 0
2 years ago
1) Acreditamos que a convergència tecnológica acabarà levando a
MakcuM [25]

Can’t understand you

Explanation:

3 0
2 years ago
Example 31: S borrows 5,00,000 to buy a house. If he pays equal instalments for 20 years
Veronika [31]

Answer:

$58.729

Explanation:

To find the answer, we need to use the present value of an annuity formula.

The formula is:

P = X [(1 - (1 + i)^-n) / i ]

Where X is the annual instalment

P is the present value of the investment (500,000 in this case)(

i is the interest rate (10% in this case)

and n is the number of periods (20 years in this case)

We now plug the amounts into the formula:

500,000 = X [ (1 - (1 + 0.10)^-20) / 0.10 ]

500,000 = X [8.51356]

500,000 / 8.51356 = X

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7 0
3 years ago
Ellen supports her family as a self-employed attorney. She reports $90,000 of income on her Schedule C and pays $8,000 for healt
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Answer:

$14500

Health insurance+dental+health insurance for daughter

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Explanation:

3 0
3 years ago
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