Answer:
$127,400
Explanation:
Gross profit ratio = [(sale - cost) ÷ sale price] × 100
= [($5,000,000 - $3,700,000) ÷ $5,000,000] × 100
= 0.26 × 100
= 26%.
Gross profit on down payment is recognized in 2019:
= Down payment × Gross profit ratio
= $490,000 × 26%
= $127,400
Quality management is a management program that seeks to improve the quality of process outputs by identifying and removing the cause of defects and variations in various processes.
Management is the management of an organization, such as a corporation, non-profit organization, or government agency. This is the art and science of managing company resources.
Management is the dynamic process of getting things done by others with the goal of achieving a common goal effectively and efficiently. All functions, from planning to organization, personnel allocation, management, and generalization, are essential for the smooth execution of management in an organization.
Corporate governance is the coordination and organization of business activities. Business managers oversee operations and help employees achieve peak productivity.
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Answer:
E) theme/festival center.
Explanation:
A theme or festival center is basically a shopping mall or strip mall that focuses primarily on tourists. It combines shopping, entertainment, dining and sometimes even architectural themes. My favorite example is the Lincoln Road Mall in South Beach which has bars, stores, restaurants, etc. And most importantly, I lived there for a couple of years. It was great until European tourists flooded it during August and September, the rest of the year is a really fine place.
Answer:
The correct answer is Licensing.
Explanation:
A business license allows the owner the right to start and develop a particular type of business in the city, county, state or country where it is granted. It is a type of permit that implies that the company has the backing of the government to operate. Government agencies can fine or close a business that operates without a license, so you should find out if having a license is part of your process to start your business, not everyone requires a license.
Depending on the type of business you have, you may need a local, county, state or federal license or none. Where your company is located will determine what type of license you need and where to obtain it.
