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maxonik [38]
3 years ago
14

What do most business people think is the primary purpose of business?

Business
2 answers:
diamong [38]3 years ago
5 0

Answer:

To invest all profits back into the business

vfiekz [6]3 years ago
4 0

Answer:

To generate wealth

Explanation:

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According to the rule of 72, if you have $15,000 in an account that grows at the rate of 12 percent annually, it will take appro
yulyashka [42]

Answer:

true

Explanation:

7 0
3 years ago
When you visit the executive assistant to request important changes to a spreadsheet, he is hard at work, e-mailing clients. The
valkas [14]

Answer:

he values your time

Explanation:

In this specific scenario, the executive assistant is expressing nonverbally that he values your time. This is expressed by him stopping what he was doing in order to pay attention to what you have to say to him when you enter the room. Since the work that he is doing (e-mailing clients) is incredibly important, the simple act of him stopping shows that your time is more important to him.

6 0
3 years ago
Seeing a golden opportunity to raise revenue, the city of Boston levies a per ticket tax of $5 to be paid by the ticket buyer. B
Dvinal [7]

Answer:

TRUE

Explanation:

When supply is perfectly inelastic, the supply curve is vertical as shown in the attached plot. Thus, the tax that shifts the supply curve upward would have no effect on the equilibrium quantity or price paid by consumers. Since equilibrium quantity or price paid by consumer don't change there's no burden on them. However, no  team's owners would receive a lower after tax price and thus bearing the entire tax burden.

8 0
3 years ago
Prextos Corp., after incurring losses, decides to move its manufacturing unit to a foreign location where it would get labor at
Darya [45]

Answer:

Offshoring

Explanation:

offshoring is the  process of  moving an aspect of a business process overseas with the intention of  reducing cost.

A firm can move its manufacturing process from its own parent country to another country (usually where the  labour rate and cost of raw materials is cheap compared to what it obtainable in its home country) in other to  reduce  its cost of production thereby increasing its added value.

From the above explanation, we can conclude that Prextos is planning to employ  Offshoring to cut down losses.

7 0
3 years ago
On june 13, the board of directors of siewert inc. declared a 2-for-1 stock split on its 80 million, $2 par, common shares, to b
Vladimir [108]

Answer:

No journal entry is required

The par per share after the split $1

Explanation:

If a stock split is not to be effected in the form of a stock dividend, no entry is recorded. The balance in the common stock account remains the same.

The par value before stock split was $2, board of directors declared a 2 for 1 split so the par value will be reduced by half.

We will calculate the par value after stock split by

= $2 / 2

= $1

6 0
3 years ago
Read 2 more answers
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