All categories

3 years ago

Oneoftherolesof commercial enterprise on behalf of the government?

Business

1 answer:

dedylja [7]3 years ago

8 0

Answer:

To embark and oversee the specified business dealing of the government

Explanation:

Commercial enterprise maybe explained as establishments, business setups which are created with the aim of providing services, sell and market goods and other revenue generating activities. The commercial enterprises may also be in agreement with other companies to sell, market or distribute in their behalf. The government may, in a bid to provide adequate monitoring and management of some of its properties, income source or setups, they may engage the services of a commercial enterprise to manage a d oversee the functions and running of the business whereby government pays the enterprise for its services depending on the agreed terms and conditions.

You might be interested in

5 th question answer please

NeX [460]

Answer:C

Explanation:

7 0

3 years ago

Read 2 more answers

What is an example of cross-contamination

Cerrena [4.2K]

When you mix raw meat with cooked meat

3 0

3 years ago

Mendrisio Company purchased a piece of machinery for $30,000 on January 1, 2019, and has been depreciating the machine using the

aleksley [76]

Answer:

a. There is no entry required to record the accounting change

b. The journal entry to record depreciation for 2021 would be as follows:

Debit Credit

Depreciation Expense $3,000

Accumulated Depreciation $3,000

Explanation:

According to the given data we have the following:

Sum of year digits=5(5+1)/2

Sum of year digits=(5*6)/2

Sum of year digits=15

Depreciation for year 2019=$30,000*5/15

Depreciation for year 2019=$10,000

Depreciation for year 2020=$30,000*4/15

Depreciation for year 2020=$8,000

Therefore, book value as on january 1, 2021=$30,000-$10,000-$8,000

book value as on january 1, 2021=$12,000

Revised useful life=6 years-2 years=4 years

Therefore, Revised depreciation for 2021=$12,000/4

Revised depreciation for 2021=$3,000

a. There is no entry required to record the accounting change

b. The journal entry to record depreciation for 2021 would be as follows:

Debit Credit

Depreciation Expense $3,000

Accumulated Depreciation $3,000

3 0

3 years ago

When Galaxy Ventures, a real estate company, entered the low-cost housing business, the market was already saturated with other

GenaCL600 [577]

Answer:

The answer is Late-mover disadvantages

Explanation:

A late mover is a company that enters a business some time after the business pioneers and early followers.

From the question above, Galaxy Ventures is a late mover in the low-cost housing business. They were at a huge disadvantage, and this includes:

First of all, lack of customer loyalty and substantial dividends (from the question).
The pioneers and early followers can set the business standards which may be difficult for a late mover to follow.
The pioneer can easily create entry barriers that a late-mover might find difficult to break.

3 0

3 years ago

A mining company owns two mines, each of which produces three grades (high, medium, and low) of ore. The company has a contract

sashaice [31]

Answer:

They should operate Mine 1 for 1 hour and Mine 2 for 3 hours to meet the contractual obligations and minimize cost.

Explanation:

The formulation of the linear programming is:

Objective function:

$C=200M_1+160M_2$

Restrictions:

- High-grade ore: $6M_1+2M_2\geq12$

- Medium-grade ore: $2M_1+2M_2\geq8$

- Low-grade ore: $4M_1+12M_2\geq24$

- No negative hours: $M_1,M_2\geq0$

We start graphing the restrictions in a M1-M2 plane.

In the figure attached, we have the feasible region, where all the restrictions are validated, and the four points of intersection of 2 restrictions.

In one of this four points lies the minimum cost.

Graphically, we can graph the cost function over this feasible region, with different cost levels. When the line cost intersects one of the four points with the lowest level of cost, this is the optimum combination.

(NOTE: it is best to start with a low guessing of the cost and going up until it reaches one point in the feasible region).

The solution is for the point (M1=1, M2=3), with a cost of C=$680.

The cost function graph is attached.

7 0

3 years ago

Oneoftherolesof commercial enterprise on behalf of the government?​

Oneoftherolesof commercial enterprise on behalf of the government?