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Kamila [148]
3 years ago
5

What type of business organization should Luke, Austin, and R.J. adopt? Why?

Business
1 answer:
GaryK [48]3 years ago
6 0
This answer the question ok

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Establishing a secure customer or client base is an example of how to deal with this type of risk.
Elan Coil [88]
It would be Operational risky
7 0
2 years ago
Once a company has diversified into a collection of related or unrelated businesses and concludes that some strategy adjustments
Vladimir [108]

Answer: Craft new initiatives to more strongly differentiate the various products/services in each of the company's businesses and thereby enhance the competitive power and reputation of the company's brand name

Explanation:

Once a company has diversified into a collection of related or unrelated businesses and concludes that some strategy adjustments are needed, the one that isn't one of the main strategy options that the company can pursue is crafting new initiatives to more strongly differentiate the various products or services in each of the company's businesses and thereby enhance the competitive power and reputation of the company's brand name.

This is because some strategies adjustment are needed and enhancing its competitive power isn't the right thing to do.

3 0
3 years ago
Which financial statement would best display a company's plant, property, and equipmnt used everyday
yuradex [85]

Answer:

Balance sheet

Explanation:

Balance sheet is referred to as the statement of assets and liabilities. Property plant and equipment are shown in balance sheet with a schedule of addition, deletion and depreciation is attached to it. Hence, the financial statement that would best display a company's plant, property and equipment used everyday is the Balance sheet.

4 0
3 years ago
For each of the following transactions for New Idea Corporation, give the accounting equation effects of the adjustments require
Lapatulllka [165]

Answer:

first I will journalize the adjustments:

a. Received a $510 utility bill for electricity usage in July to be paid in August.

Dr Utilities expense 510

    Cr Accounts payable 510

b. Owed wages to 15 employees who worked two days at $55 each per day at the end of July. The company will pay employees at the end of the first week of August.

Dr Wages expense 1,650

    Cr Wages payable 1,650

c. On July 1, loaned money to an employee who agreed to repay the loan in one year along with $660 for one full year of interest. No interest has been recorded yet.

Dr Interest receivable 660

    Cr Interest revenue 660

effects on the accounting equation:

    Assets                =                        Liabilities           +      Equity

a.     0                                                 510                             -510

b.     0                                               1,650                         -1,650

<u>c.     660                                              0                               660</u>

       660                                           2,160                         -1,500

    Revenue        -           Expenses          = Net income         Cash flow

a.    0                                    510                      -510                   0 OA

b.    0                                 1,650                   -1,650                   0 OA

<u>c.    660                                 0                         660                   0 OA</u>

      660                             2,160                   -1,500                  0 NC

3 0
2 years ago
What are the primary advantages to owning a franchise?
Volgvan

Answer:

Explanation:

Owning a franchise has the following main advantages:

1) A franchise owner gets valuable help throughout the lifespan of the business. Upon acquiring a franchise, the business owner receives a continuous training and assistance necessary for marketing and management.

2) Owning a franchise comes with a low rate of failure. A franchise comes with an established business concept that is already successful in the market which assures the owner of better chances of success compared to starting up an independent business.

6 0
2 years ago
Read 2 more answers
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