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-Dominant- [34]
3 years ago
7

Foster, who owns a successful business with two locations and a few international clients, was approached by a large organizatio

n about dramatically expanding his company. Foster later told his wife that he is happy with his success, but he wants to stay small because if he decides to add new products, small companies
Multiple Choice: 1. take more time to start new endeavors 2. typically maneuver slowly with new ideas 3. can get started more easily and maneuver faster 4. tend not to change due to inexperienced management 5. can adjust more easily to capital shortages
Business
1 answer:
Nadusha1986 [10]3 years ago
4 0

Clearer question;

Tom, who owns a successful business with two locations and a few international clients, was approached by a large organization about dramatically expanding his company. Tom later told his wife that he is happy with his success, but he wants to stay small because if he decides to add new products, small companies ____.

Answer:

<u>3. can get started more easily and maneuver faster</u>

Explanation:

Remember, a small company is officially viewed as one having less than 500 employees.

So, Tom's business qualifies as such, and it is quite true to a large degree that small companies can get started more easily and maneuver faster since they require less staff management.

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Journalize the entries for the following transactions. Refer to the Chart of Accounts for exact wording of account titles. (Note
Butoxors [25]

Answer:

cash       116,300 debit

    sales revenues          116,300 credit

-- to record sales in cash --

Cost of Goods Sold 72,000 debit

              Inventory                72,000 credit

-- COGS for the previous sales--

account receivable  755,000 debit

        sales revenues            755,000 credit

-- to record sales in cash --

Cost of Goods Sold    400,000 debit

              Inventory               400,000 credit

-- COGS for the previous sales--

account receivable  1,950,000 debit

        sales revenues            1,950,000 credit

-- to record sales in cash --

Cost of Goods Sold    1,250,000 debit

              Inventory               1,250,000 credit

-- COGS for the previous sales--

account receivable  330,000 debit

        sales revenues            330,000 credit

-- to record sales in cash --

Cost of Goods Sold    230,000 debit

              Inventory               230,000 credit

-- COGS for the previous sales--

Credit card expense 81,500 debit

         Cash                                 81,500 credit

--to record payment of fees to credit car--

Explanation:

We will recognize the sales revenue for the sales when they occur.

If was on cash we use cash else, account receivable

Then, we will decrease our inventory by the cost of the goods sold and declare this expense.

Finally, the fees will be considered an expense relatesd to the use of credit card.

3 0
3 years ago
Assume a machine that has a useful life of only one year costs $2,000. Assume, also, that net of such operating costs as power,
VashaNatasha [74]

Answer:

D. 15 percent

Explanation:

Cost of the machine =  $2,000

Having considered operating costs as power, taxes, and so forth, the additional revenue from the output of this machine is expected to be $2,300

Expected return = $2,300 -  $2,000

                           =  $300

Therefore, the rate of returns

= Returns/cost

=300/2000

= 0.15

In Percentage, 15%. The expected rate of return on this machine is 15%

7 0
3 years ago
Real estate values derive from the interaction of three different sectors in the economy. Which of the following sectors serves
tekilochka [14]

Answer:

B

Explanation:

The capital market serves as an intermediator between households and firms. In a classic economic model, households are owners of capital resources, but firms need these resources to operate. Then, the capital market allows that households rent their capital resources to firms and firms pay them back. It is a beneficial allocation of resources for households and for firms.

7 0
3 years ago
A strategy of spreading investments among different industry sectors is
Archy [21]

Answer:

diversification

Explanation:

because it is a technique that reduce risk by allocating investments across various industries

3 0
2 years ago
An example of ________ would be when overweight people file suit against manufacturers, distributors, or sellers of food product
anzhelika [568]

An example of frivolous lawsuits would be when overweight people file suit against manufacturers, distributors or sellers of food products, charging these parties with responsibility for their obesity.

Explanation:

  • This does not have serious purpose or view
  • The mistake or the complaint cannot be proved
  • There is a little possibility of winning but most of the cases people fail to win
  • There is no legal merit given to this
  • There are so many examples, where people complaint without any valid proof or with the things where they cannot bring proof
  • The complaints are not even facts

So, frivolous lawsuits are associated with complaints which cannot be proved.

4 0
3 years ago
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