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3 years ago

What is the first step to take when trying to solve a problem?

Business

2 answers:

KatRina [158]3 years ago

7 0

Know what the problem is?

Zielflug [23.3K]3 years ago

4 0

List all the things that you know and the thing you don't, in order to understand what you are trying to solve.

Hope this helps :)

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Gary and Wilma Johnson plan to open a bus tour business, taking people from their small city to historic sites along the East Co

Komok [63]

The answer to the given question above would be option D. Profit Margin. On the given scenario above, since they will be offering different kinds of services at once, what they should pay attention to is the profit margin or the net margin. Profit margin serves as the measurement of profitability. This is expressed in percentage and shows how much the return sales are that are generated by the company based on the amount they have initially invested.

4 0

3 years ago

Read 2 more answers

Weaver Corporation had the following stock issued and outstanding at January 1, Year 1:

lesantik [10]

Answer:

Preferred shareholder (7,500*$100)*7% $52,500

Common shareholder (70,000×$2) $140,000

Total dividend $192,500

Date General Journal Debit Credit

10 June Dividend $192,500

To dividend payable $192,500

(To record dividends payable)

20 June No entry required

01 July Dividend payable $192,500

To cash $192,500

(To record dividend payment)

31 Dec Retained earning $192,500

To dividends $192,500

(To close dividend account)

7 0

2 years ago

Arthur sells $100 worth of cotton to Bob. Bob turns the cotton into cloth, which he sells to Camille for $300. Camille uses the

kow [346]

Answer:

$1200

Explanation:

Gross Domestic Product (GDP) is the total market value of all of the final goods and services produced in a country over a particular period of time.

The contribution to GDP can be determined by adding the value created by each of the economic agents involved in the creation of the final goods and services

Arthur = 100 = 100

Bob = 300 - 100 = 200

Camille = 700 -300 = 400

Donita = 1200 - 700 = 500

Total Value 100 +200 +400 +500 = $1200.

You will observe that it is the same as the value of the final good i.e dress. In the production process, other goods involved are referred as intermediate goods

8 0

3 years ago

An investor company uses the equity method to account for its investment in 25% of the outstanding common stock of an investee c

masya89 [10]

Answer:

Option A is correct.

A decrease in the Equity Investment account

Explanation:

Dividend received amount decreases the investment account. Net income interest in investee account is added to the investment account.

4 0

3 years ago

Gift property (disregarding any adjustment for gift tax paid by the donor): a.Has the same basis to the donee as the donor's adj

Llana [10]

Answer: Has the same basis to the donee as the donor's adjusted basis if the donee disposes of the property at a gain.

Explanation:

For a gifted property, it should be noted that the tax basis for a donee that is, the person who gets the gift will be identical to that of the donor, this is, the person that donates the gift in cases whereby the property is gotten as a gift.

Therefore, a gift property disregarding any adjustment for gift tax paid by the donor will have the same basis to the donee as the donor's adjusted basis if the donee disposes of the property at a gain.

6 0

3 years ago