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vampirchik [111]
3 years ago
13

Businesses are necessary in order to perform which function?

Business
1 answer:
7nadin3 [17]3 years ago
8 0
Businesses are necessary to hire, organize, and supply workers.
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From the beginning of 2000 until its peak in 2012, Apple’s stock price rose from $27.97 to $702.10, an increase of 25 times. Yet
Tcecarenko [31]

Answer:

Steve Jobs coming back, Innovations, and Tim Cook taking over as COO

Explanation:

The fluctuations in stock prices of a company are due to improved performance of the company in meeting it's objectives and perception that the business will do better in the future.

In the given scenario there was an initial increase in Apple’s stock price from $27.97 to $702.10, an increase of 25 times.

This can be attributed to the return of Steve Jobs as the CEO of Apple. There was a confidence boost by his coming back. Also there were various innovations like: iPhone, iMac, iPod, and iTunes. These improved the performance and by extension share price of Apple.

However when Tim Cook took over as COO he reduced production by half resulting in stock price decrease by 37% from its peak in September 2012 until the end of March 2013, from $702.10 to $442.66.

3 0
3 years ago
Iris Company has provided the following information regarding two of its items of inventory at year-end: There are 160 units of
maw [93]

Answer:

$7,840

Explanation:

The inventory of Items A and B should be valued at the lower of cost and the net realizable value.

The cost is the invoice price at time of purchase ,while the net realizable value is the selling price less to sell

Products              Cost          Selling price cost to sell NRV    unit value

   A                         $18               $22                $6     $16             $16

   B                          $48              $54                $4    $50             $48

Item A is valued at $16 each i.e $16*160=$2,560

Item B is valued at $48 each i.e $48*110=$5,280

total value of inventory                             =$7,840

The ending inventory valued at the lower of cost or net realizable value is worth $7,840

6 0
3 years ago
Myrtle Flower Company, sends its management trainees to an assessment center. There, the employees are assigned to small groups
soldi70 [24.7K]

Answer:

leaderless group discussion

Explanation:

Based on the scenario being described it can be said that the type of term for this type of development exercise is a leaderless group discussion or LGD for short. This exercise focuses on placing individuals in a group in order to work together on solving specific problems without help from a trained professional or expert in the matters that they are dealing with.

6 0
3 years ago
Which of the following statements is true?
marissa [1.9K]

Answer: B) A)

Explanation:

  •   This kind of method, direct write-off method is referring to your question and it is considering a method that is used for recognizing bad debts expenses that are coming from credit sales of someone's account. With this method there is no account that is considering allowance and receivable that is found on someones's account is written-off directly to expense when there is uncollectible account expense.
  •   One of the greatest advantages is simplicity because those companies who are doing this method have to make only two transactions.

5 0
3 years ago
Read 2 more answers
A local store can print 55,000 papers per hour. How many papers can they print in 5 1/4 hours?
Alchen [17]
To find the answer you need to multiply 55,000 times 5 1/4 that is equal to 68750.
6 0
3 years ago
Read 2 more answers
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