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sp2606 [1]
2 years ago
14

Blake Mycoskie started a shoe business known as TOMS. As a social entrepreneur, Mr. Mycoskie takes the concept of ______________

_____ to a new level. TOMS social causes are directly related to the firm’s expertise: selling shoes.
Business
1 answer:
Vinil7 [7]2 years ago
6 0

As a social entrepreneur, Mr. Mycoskie takes the concept of corporate social initiative to a new level.

Corporate social initiative is when a corporate company tries to bring social awarenss through their volunteer efforts, bussinesses that benefit soceity and much more. TOMS donates a pair of shoes to a third world country each time a pair is bought. This is a way to help their economies and those living in them by giving back.

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One primary difference between services and the production of goods is that services are consumed _____ whereas goods can be ___
Zigmanuir [339]

Answer:

B. Immediately; stored

Explanation:

One primary difference between services and the production of goods is that services are consumed <u>immediately</u> whereas goods can be <u>stored</u>.

There are several differences in production and consumption of goods and services:

  • Goods are Tangible as it can be touched, however, services are intangible as it cannot touched but it can realized.
  • Goods can be stored for later use, however, services cannot be stored but need to be consumed immediately on real time.
  • Goods can be weighed and measured on scale, however, services can  evaluated on basis of satisfaction level.

8 0
2 years ago
Henderson is a local automobile salesperson. He earns 6% commission on all of his automobile sales. Last month, he earned $9,900
Murrr4er [49]
The answer for total sales is $165,000
3 0
2 years ago
The purpose of an analysis of an account is to illustrate - in the account for the period under audit
Archy [21]

Answer:

all changes

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP).

An auditor refers to an authorized individual who review, examine and verify the authenticity and accuracy of business financial records or transactions.

The purpose of an analysis of an account is to illustrate all changes in the account for the period under audit. Thus, an audit of historical financial statements most commonly includes the balance sheet, income statement, statement of cash flows, and the statement of changes in stockholders' equity.

There are two (2) main types of financial analysis;

I. Vertical analysis.

II. Horizontal analysis.

In Financial accounting, Horizontal analysis can be defined as an analysis and evaluation of a financial statement which illustrates or gives information about changes in the amount of corresponding financial statement items, benchmarks or financial ratio over a specific period of time. It is one of the most important technique that is used to measure how a business is doing financially. Hence, it is also referred to as the trend analysis.

Under the horizontal analysis of financial statement, we use the financial statements of two or more periods; earliest and latter periods.

Generally, the earliest is chosen as the base period while all other items on the statement for a latter period will be compared with the items on the statement of the base period.

3 0
2 years ago
A nongovernmental not-for-profit organization received the following donations of corporate stock during the year:Donation 1 Don
Anna71 [15]

Answer:

C. $14,000

Explanation:

Donated securities are initially recorded at the fair value on the date the gift is received. The securities will be reported at their market value at the end of the year i.e. the balance sheet date. Fair value at the year end will thus be the sum of the fair value of the two donations at the end of the year i.e $10,000 + $4,000 = $14,000.

4 0
3 years ago
If the market price is $60, a firm's minimum average total cost is $70, and minimum average variable cost is $50, what should th
svet-max [94.6K]

Answer:

it shouldn't violate historic cost principal because it is not going to shut down it's business so therefore it should value the assets on the market price not on the cost of purchase price

Explanation:

above is the explanation,you should think of the answers and so doing your hw from this app.

3 0
2 years ago
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