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3 years ago

Why is it so important for all entrepreneurs to be prepared for changing technology

2 answers:

8 0

Because today's business are wholly dependent on technology for their survival.

This is especially in production, customer service, and marketing.

tino4ka555 [31]3 years ago

7 0

Answer: The correct answer is : Change is important for any company, otherwise the competitive advantage would be lost and the changing needs of customers could not be met. The change in technology tends to increase productivity and also helps to provide a better service. Change represents growth. It is necessary to keep up with the technology so as not to stay behind competitors.

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Sally is fixing powerlines that were damaged during a storm. In which career pathway is she most likely working?

Neporo4naja [7]

She is working in the electricity industry.

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3 years ago

Read 2 more answers

Legal ownership in one country does not necessarily mean ownership in other countries

Nonamiya [84]

The statement above is TRUE.
In common law countries, ownership of an intellectual property is established by prior use while in code law countries ownership is established by the registration of that property. Which means that legal ownership in one country does not necessarily mean ownership in other countries.

7 0

3 years ago

Suppose 90-day investments in Britain have a 6% annualized return and a 1.5% quarterly (90-day) return. In the U.S., 90-day inve

Alex_Xolod [135]

Answer: $1.53776

Explanation:

Using the interest rate parity formula :

Forward currency exchange rate (F) = 1.50

SPOT rate (S) =?

Interest rate on domestic currency (Id) = 1%

Interest rate on foreign currency (If) = 1.5%

SPOT RATE(S) is given by;

S = F × (1 + If) ÷ (1 + Id)

S = 1.50 ×(1 + 0.015) ÷ (1 + 0.01)

S = (1.50 × 1.015) ÷1.01

S = 1.5225 × 1.01

S = $1.537725

3 0

3 years ago

Thome and Crede, CPAs, are preparing their service revenue (sales) budget for the coming year (2020). The practice is divided in

MrRissso [65]

Answer and Explanation:

The Preparation of service revenue is prepared below:-

For Quarter 1

Billable Hours Billable rate Total

Auditing 2,450 84 205,800

Tax 3,130 94 294,220

Consulting 1,640 105 172,200

Total 672,220

For Quarter 2

Billable Hours Billable rate Total

Auditing 1,840 84 154,560

Tax 2,650 94 249,100

Consulting 1,640 105 172,200

Total 575,860

For Quarter 3

Billable Hours Billable rate Total

Auditing 2,330 84 195,720

Tax 2,300 94 216,200

Consulting 1,640 105 172,200

Total 584,120

For Quarter 4

Billable Hours Billable rate Total

Auditing 2,710 84 227,640

Tax 2,800 94 263,200

Consulting 1,640 105 172,200

Total 663,040

Now the total revenue is

= $575,860 + $584,120 + $663,040

= $1,823,020

5 0

4 years ago

Matthews Company uses the percentage-of-sales method to estimate the Allowance for Doubtful Accounts. Before adjustment, the All

Aleks04 [339]

The amount of the adjusting journal entry at year-end for Matthews Company, which uses the percentage-of-sales method to estimate its Allowance for Doubtful Accounts is $9,750.

<h3>What is the percentage-of-sales method?</h3>

The percentage-of-sales method is one of the methods for estimating the Allowance for Doubtful Accounts.

This method uses a predetermined percentage that is applied on the Net Credit Sales to determine the amount of the Allowance for Doubtful Accounts for the period.

<h3>Data and Calculations:</h3>

Debit balance of Allowance for Doubtful Accounts = $2,500

Net Credit Sales = $725,000

Uncollectible estimate = 1% of net credit sales

= $7,250 ($725,000 x 1%)

Bad Debts Expense $9,750 Allowance for Doubtful Accounts $9,750 ($2,500 + $7,250)

Thus, the amount of the adjusting journal entry at year-end for Matthews Company, which uses the percentage-of-sales method to estimate its Allowance for Doubtful Accounts is $9,750.

Learn more about the Allowance for Doubtful Accounts at brainly.com/question/24938115

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2 years ago