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Alex Ar [27]
2 years ago
7

A(n) ________ is a favorable set of circumstances that creates a need for a new product, service, or business.

Business
1 answer:
Natasha_Volkova [10]2 years ago
8 0
I think it’s scheme
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Recent financial statement data for Harmony Health Foods (HHF) Inc. is shown below.
MissTica

Answer:

1. B. 3.14

2. C. 1.12

Explanation:

1. Times Interest Earned ratio

Measures how well a company is able to cover it's debt obligations using it's earnings.

The formula is simply,

= Earning before Interest and Tax / Interest Expense

Therefore,

Times Interest Earned ratio = 116/37

= 3.14

HHF's times interest earned ratio is Option B, 3.14.

2. Debt to Equity Ratio

This ratio compares the debt used to fund a company vs it's equity. It measures how much of either way used to fund the company.

The formula is,

= Total Debt / Total Equity

= 540/484

= 1.12

HHF's Debt to Equity ratio is 1.12, Option C.

4 0
3 years ago
Simons Company purchased land to build a new factory. The following expenditures were made in conjunction with the land purchase
Alexandra [31]

Answer: attached

Explanation:

3 0
3 years ago
Can you identify the assumptions that we have made in order to create the production possibilities frontier model?
m_a_m_a [10]

The management is first assumed to desire to produce as much output as possible in order to maximize profit. Another supposition is that the company may improve output by employing more input and that higher output equates to more profits.

<h3>What are the production possibilities, frontier model?</h3>

The graph known as the Production Possibilities Frontier (PPF) illustrates all the possible output combinations of two items that can be created with the resources and technologies currently in use. The PPF effectively expresses the ideas of choice, tradeoffs, and scarcity.

Frontier of Assumptions for Production PPF's first presumption is that the current technology setup or infrastructure will not change. The second presumption is that it only compares two goods or services that make use of the same resources.

Learn more about The Production Possibilities Frontier Model here:

brainly.com/question/13609959

#SPJ1

6 0
1 year ago
Rule-of-thumb budgeting is budgeting that's popular with the hospitality and tourism industry because it's so effective.
a_sh-v [17]
I think the answer is false

:):):):):):):)
7 0
2 years ago
Give at least one disadvantage of incorporation and explain why it is a disadvantage.
Naya [18.7K]

Answer:

1. Lack of ownership

2. Higher taxation

3. Legalities and formalities

Explanation:

An incorporated company is one that has a separate legal entity from that of its owner and shareholders. Disadvantages of an incorporated company include:

  • <em>Lack of ownership</em>

An incorporated business is a separate entity from its owner. Hence, separate bank accounts would be required along with separate business identification since personal identification would not be sufficient. At the same time, personal funds must be kept separate from business funds. Mixture of the two is an offense against the law. Also, as shareholders are involved, they may have voting rights, hence, the owner will not have a complete say in all business activities.

  • <em>Higher taxation</em>

Incorporated companies are expected to pay higher taxes whilst others may have minimum taxable limits. The owner will have to pay income tax as well as corporate taxes. They will also accumulate other expenses such as accounts and legal fees whilst processing these complex taxation methods.

  • <em>Legalities and formalities</em>

Incorporating a business in itself requires complex procedures and a lot of paperwork. After this has been accomplished, the company is still expected to follow strict codes of conduct such as those provided by the Companies Act. This would include the way borrowings and lending occur, investments, dividend provisions, meetings and audits. They will also have to register documents under the Registrar of Companies.

5 0
3 years ago
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