All categories

3 years ago

A natural resource, such as fishing territories, is considered an example of :

Business

1 answer:

MrMuchimi3 years ago

8 0

Answer: Option C

Explanation: In simple words, land refers to the place where the core operations of the business have to happen initially such as manufacturing, administration etc.

Capital refers to the resources that are invested by owners with the objective of operating business. And labor refers to the man force employed in business for operations.

Hence fishing territory is a land as it is not invested by any owner and without any employment of workforce it does not have any utility.

You might be interested in

Marcy's mother, sue, did not want her to date until she was older. she also wanted marcy to attend law school. just before marcy

Ronch [10]

??? What do you need help with.

7 0

3 years ago

Read 2 more answers

Ultimate Sportswear has $190,000 of 6% noncumulative, nonparticipating, preferred stock outstanding. Ultimate Sportswear also ha

iragen [17]

Answer:

$11,400 and $27,600

Explanation:

The computation of the dividend distributed are as follows

Given that

6% noncumulative, nonparticipating, preferred stock = $190,000.

Common stock outstanding = $590,000.

In the first year, no dividend paid by the company.

The preferred stock is noncumulative that means no dividend will be a carryover.

Second year dividend paid by company = $39,000

Now based on the given information, the dividend distributed are as follows

For preffered stock

= $190,000 × 6%

= $11,400

And for common stock

= $39,000 - $11,400

= $27,600

This is the correct answer but the same is not provided in the given options

First we have to paid preferred stockholders and then equity stockholders

4 0

3 years ago

Explain the importance of the marketing function of promotion.

CaHeK987 [17]

Answer:it helps people business I guess

Explanation:

6 0

4 years ago

What is the term that describes when two or more enterprises encounter each other in different regional markets, national market

snow_lady [41]

Answer:

Multipoint competition

Explanation:

Multipoint competition can be regarded as term used in describing a

process whereby there is engagement of a firm simultaneously in competitive interactions in a markets or across multiple products, resulting to competitive actions in a particular market leading to responses in a different/ multiple markets. Multipoint competition can also be explained as situation that exist when a firm is facing the same rival in different market. It should be noted that Multipoint competition is the term that describes when two or more enterprises encounter each other in different regional markets, national markets, or industries.

8 0

3 years ago

On July 1, 2020, Riverbed Inc. made two sales.

V125BC [204]

Answer:

Riverbed Inc.

Journal Entries:

1. Debit 0% 4-year Promissory Notes Receivable $1,435,565

Credit Land $597,200

Credit Gain on Sale of Land $315,130

Credit Interest Revenue $523,235

To record the sale of land in exchange for a note with face value of $1,435,565

2. Debit 3% 8-year Promissory Note Receivable $401,660

Credit Service Revenue $162,224

Credit Interest Revenue $239,436

To record the rendering of service in exchange for a note with face value of $401,660.

Explanation:

a) Data and Analysis:

July 1, 2020:

1. 0% 4-year Promissory Notes Receivable $1,435,565 Land $597,200 Gain on Sale of Land $315,130 Interest Revenue $523,235

From an online financial calculator, the PV and Interest:

N (# of periods) 4

I/Y (Interest per year) 12

PMT (Periodic Payment) 0

FV (Future Value) 1435565

Results

PV = $912,330

Total Interest $523,235

Gain on Sale of Land:

Fair value of the land = $912,330

Book value of the land 597,200

Gain on sale of land = $315,130

2. 3% 8-year Promissory Note Receivable $401,660 Service Revenue $162,224 Interest Revenue $239,436

From an online financial calculator, the PV and Interest:

N (# of periods) 8

I/Y (Interest per year) 12

PMT (Periodic Payment) 0

FV (Future Value) 401660

Results

PV = $162,224

Total Interest $239,436

8 0

3 years ago