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3 years ago

What are the five key things you must know in order to identify opportunities in your area of work?

Business

1 answer:

jasenka [17]3 years ago

6 0

Answer:

The answer is below

Explanation:

Five key things you must know in order to identify opportunities in your area of work are:

1. Study industry trends and insights, by checking the latest or current infographics on your industry.

2. Study top executives in the industry, through interviews, magazines profiles, and their company websites.

3. Pay attention to both existing and potential clients' needs.

4. Understand the present challenges in the industry and think the solution

5. Attend conferences and seminars relating to your industry.

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Ravine Corporation purchased 30 percent ownership of Valley Industries for $92,700 on January 1, 20X6, when Valley had capital s

Maslowich

Answer:

The Various answers are clearly explained in the Explanations. Thank you.

Explanation:

First, we calcuate the Net Income of Ravine Corporation Based on the FairValue Method

Year OPerating Income UnrealizedGain Dividend inc. Net Income

20x6 $140,000 11,000 6,000 $157,000

20x7 80,000 11,000 12,000 $103,000

20x8 220,000 11,000 12,000 $243,000

20x9 160,000 11,000 6,000 $177,000

Kindly note, thta the dividend income for each year is based on 30% of the Dividend of Valley for that year for instance, Dividend income for 20x6 = 0.3 x $20,000 = $6,000

Next we calculate the Net Income of Ravine Corpoartion Under the Equity Method

Year OPerating Income Share ofo Income in Valley Net Income

20x6 $140,000 9,000 149 ,000

20x7 80,000 15,000 95,000

20x8 220,000 3,000 223,000

20x9 160,000 12,000 172,0000

NOte as well that the Share of Income in Valley is 30% of the yearly net income of Valley Industries.

Question B) Part 1

Ravine Corporation Journal Entries

S/N Description Debit Credit

1 Cash 12,000

Dividend Revenue 12,000

Being the record of dividend received from valley industries

2. Fair Value Adjustment 11,000

Unrealized holding gain or loss 11,000

Being the rcord of fair value change in value of the investments

Question B) Part 2

S/N Description Debit Credit

1 Cash 12,000

Investment in Valley 12,000

Being the record of dividend received from valley industries

2. Investment in Valley 3,000

Investment Income 3,000

BBeing the share of income of Ravine in Valley

6 0

3 years ago

If GDP is expected to increase at a steady rate of 3% per year, how many years would it take for living standards to double

Troyanec [42]

Answer:

24 years

Explanation:

In a situation where a country GDP which is fully known as GROSS DOMESTIC PRODUCT was been expected to increase or grow at a rate of 3% per year or per annual which means that it will actually takes up to 24 years for a country economy living standard to double .

Therefore the numbers of years it would take for a country living standards to double will be 23 years.

5 0

2 years ago

Which of the following would not be an operations maangement function in a fast food restaurant?

iVinArrow [24]

Answer:

b. advertising and promotion

Explanation:

All process required to produce the product are part of operation and this includes making, designing the layout of the facility, purchasing ingredients an maintaining equipment.

The marketing and promotions lies with the Sales and Distribution Function or Marketing Function of the fast food restaurant.

4 0

3 years ago

Kathy is working her way through college. she has a job at burger fast where she makes an annual salary of $12,500. what is her

Liula [17]

520.83 cents take the amount divide it by 12 then 2.

7 0

3 years ago

An export subsidy will ________ producer surplus, ________ consumer surplus, ________ government revenue, and ________ overall d

Paladinen [302]

Answer:

increase; decrease; decrease; decrease.

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Basically, trade can be categorized into two (2) main groups and these are;

I. Import: this involves bringing in goods from a foreign country to sell in a different (domestic) country.

II. Export: it involves the sales of goods produced in a domestic country to a foreign country.

An export subsidy can be defined as any government policy that encourages the export of goods to other countries while discouraging the sales of goods in the domestic market through the use of tax reliefs, low cost loans, government foreign adverts, etc.

A surplus is the amount by which the quantity supplied of a good exceeds the quantity demanded of the good.

Producer surplus is the amount a buyer is willing to pay for a good minus the cost of producing the good.

Consumer surplus is the amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it.

Hence, an export subsidy will increase producer surplus, decrease consumer surplus, decrease government revenue, and decrease overall domestic national welfare.

5 0

2 years ago