The Business Plan of an organization should show the following key components: Value Proposition, Operations, Components and Functions, projected revenue, and expenditure.
<h3>What is a Business Plan?</h3>
This refers to a document that spells out the future goals, plans and activities of a business as well as how it plans to achieve goals those objectives.
A business plan is useful for:
- Startups or existing businesses that want to attract investors
- An existing business that is planning to expand, scale up or introduce new products
- An existing business that is looking at a merger and acquisition.
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The correct answer is task attraction. Task attraction is
being defined as having to engage in attraction by which it involves of having
to be attracted towards other people in regards to their abilities or the
characteristic that the individual possess.
Solution:
Let the amount invested in scheme which yields 9% be x and amount invested in scheme which yields 13% be y.
x + y = 180000 --equation 1
0.09x + 0.13y = 18000 --equation 2
Balancing the equations, multiply equation 1 with 0.09 and equation 2 with 1,
0.09x + 0.09y = 16200 -equation 3
0.09x + 0.13y = 18000 --equation4
Subtracting equation 4 from 3,
-0.04y = -1800
y = 45000
Now putting value of y in equation 1,
x + 45000 = 180000
x = 135000
The amount to be invested in scheme which yields 9% = $135,000
The amount to be invested in scheme which yields 13% = $45,000
In economics, a factor of production, resource, or input is what is used in a production process to produce products, i.e. goods or services.
The amounts of various inputs used determine the amount of output according to a relationship known as the production function. The relationship between the inputs a firm uses and the maximum output it can produce with those inputs is called the firm's production function. Factors of production are outputs or inputs used to produce goods and services. They are the resources a business needs to make a profit by producing goods and services. Factors of production fall into four categories: Land, Labor, Capital, Entrepreneurship.
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Answer:
Retained earnings would be debited and inventory would be credited for $10 million each.
Explanation:
In the given scenario Al Dente Pasta Company overstated its inventory by $10 million.
This is an overstatement of assets of the company.
This also gives an understatement of the retained earnings of the company.
Adjusting entry in 2022 will now require Retained earnings would be debited and inventory would be credited for $10 million each.
