The division of productive activities among persons and regions so that no one individual or area is totally self-sufficient is known as specialization.
Specialization is a business technique used to concentrate on producing a very narrow range of goods or services in order to achieve maximum productivity, subject-matter knowledge, and industry leadership. Specialization used businesses claim to get higher returns on their investments. Specialization is the antithesis of diversification, which is when a business expands outside of its primary business. Regions of a nation or even entire countries may be considered specializations. Many nations worldwide focus on producing or providing services that are unique to their region while importing other products and services.
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Answer:
Flora Wholesalers:
The accounts of Flora Wholesalers that will have the same balance at the beginning of next year as they do presently on the adjusted trial balance are:
Assets:
Cash $4,200
Accounts receivable $300
Liabilities and Equity:
Accounts payable $1,100
H. Jones, Capital $4,400
Explanation:
a) Data and Analysis:
Adjusted Trial Balance
Account Debit Balance Credit Balance
Cash $4,200
Accounts receivable $300
Accounts payable $1,100
H. Jones, Capital $4,400
H. Jones, Drawing $900
Fees revenue $13,200
Advertising expense $8,100
Travel expense $4,200
Shipping expense $300
Computer
software expense $400
Assets:
Cash $4,200
Accounts receivable $300
Liabilities and Equity:
Accounts payable $1,100
H. Jones, Capital $4,400
b) The above assets, liabilities, and equity accounts will have the same balances at the beginning of next year as they do presently on the adjusted trial balance. They are called permanent accounts. Only the temporary accounts do change their balances from the adjusted trial balances to the opening balances. The only other account that is not included above is the Retained Earnings. This account is adjusted with the differences in the temporary accounts.
Answer:
Turk should purchase Machine B
Explanation:
<u>Our first step</u> will be to multiply each cashflow by the factor.
Then we will add them to get the present value of the cash flow
![\left[\begin{array}{cccc}-&A&factor&Present \: Value\\Year \: 1&5,000&0.8696&4,348\\Year \: 2&4,000&0.7561&3,024.4\\Year \: 3&2,000&0.6567&1,313.4\\Total&11000&-&8,685.8\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D-%26A%26factor%26Present%20%5C%3A%20Value%5C%5CYear%20%5C%3A%201%265%2C000%260.8696%264%2C348%5C%5CYear%20%5C%3A%202%264%2C000%260.7561%263%2C024.4%5C%5CYear%20%5C%3A%203%262%2C000%260.6567%261%2C313.4%5C%5CTotal%2611000%26-%268%2C685.8%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Then we subtract the machine cost:
8,685.8 - 9,000 = -314.2 This Machine has a negative value. It is not convinient to purchase this machine.
![\left[\begin{array}{cccc}-&B&factor&Present \: Value\\Year \: 1&1,000&0.8696&869.6\\Year \: 2&2,000&0.7561&1,512.2\\Year \: 3&11,000&0.6567&7,223.7\\Total&14,000&-&9,605.5\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D-%26B%26factor%26Present%20%5C%3A%20Value%5C%5CYear%20%5C%3A%201%261%2C000%260.8696%26869.6%5C%5CYear%20%5C%3A%202%262%2C000%260.7561%261%2C512.2%5C%5CYear%20%5C%3A%203%2611%2C000%260.6567%267%2C223.7%5C%5CTotal%2614%2C000%26-%269%2C605.5%5C%5C%5Cend%7Barray%7D%5Cright%5D)
9,605.5 - 9,000 = 605.5 This machine NPV is positive it is convient.
The one entrepreneur that i admire is Jeff Bezos. Reason why i admire him- The founder and CEO of Amazon has been relentless in his pursuit of building the most dominant, customer-focused enterprise in modern history.
Who founded Amazon and why?
When Amazon was founded on July 5, 1994, as a website that only sold books, founder Jeff Bezos had a vision for the company's explosive growth and e commerce domination. He knew from the very beginning that he wanted Amazon to be "an everything store
How did Jeff Bezos start Amazon?
With $1 million raised from family and friends, Bezos rented a house in Seattle and set up his business in the garage. For nearly a year, Bezos and a crew of five employees worked out of the garage, learning how to source books and setting up a computer system that would make Amazon.com easy to navigate
How rich is the owner of Amazon?
Jeff Bezos' net worth surpassed $200 billion as of November 2021, making him the world's second-richest person. Bezos is perhaps most well known as the founder and former chief executive officer (CEO) of Internet giant Amazon. He remains the executive chair of the company.
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Answer:
The amount of comprehensive income in 2017 is $47000.
Explanation:
comprehensive income = dividends + unrealized holding gain on securities
= $13500 + $33500
= $47000
Therefore, the amount of comprehensive income in 2017 is $47000.
