1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Doss [256]
3 years ago
10

the main purpose of writing a business plan is to a. prepare a "blueprint" for the development of your business. b. meet a state

requirement for new businesses. c. have a document to file with your incorporation papers. d. inform employees of your business philosophy
Business
2 answers:
Nookie1986 [14]3 years ago
8 0

The correct answer is a. prepare a "blueprint" for the development of your business.

Took the test and got it right

erastova [34]3 years ago
5 0
D because if your employees don't know about anything then you will have a sloppy business

You might be interested in
Bryn, Cornell, and Duke are general partners in Equity Lending, a consumer credit, mortgage, and investment firm. Their agreemen
Viefleur [7K]

Answer:

C. The termination of the firm's legal existence.

Explanation:

General partners are individuals, two or more , who come together to own a business and controls daily activities of the business. Each member has unlimited liability and their action can legally bind the activities of the business. They share profit and losses equally.

According to fact pattern 27-3, if the partners agree to dissolve one of their business line- equity lending as in the case above and the company's assets are shared among the partners, it would result in the termination of the firm's legal existence.

Once there is a breach by any of the partners as contained in the partnership agreement and the partner's asset shared, that is dissolution. The partnership business has therefore been terminated legally and cease to exit.

3 0
3 years ago
Herman Company has three products in its ending inventory. Specific per unit data at the end of the year for each of the product
jek_recluse [69]

Answer:

Product 1  - $36

Product 2 -  $ 96  

Product 3  -  $66

Explanation:

The accounting standard for Inventory under IFRS IAS 2 requires that inventory be recognized at cost which includes all the cost incurred to bring the item of inventory to a state or place where the item of inventory becomes available for sale.

These costs includes cost of purchase, freight, Insurance cost during transit etc.  

Subsequently, inventory is to be carried at the lower of cost or net realizable value.

The NRV is the Selling price less the cost to sell.

Given

                             Product 1       Product 2        Product 3

Cost                            $36              $ 106              $ 66

Selling price               $ 88              $ 168             $ 118

Costs to sell                $ 9                $ 72              $ 26

NRV                             $ 79               $ 96              $ 92

6 0
3 years ago
Your $6100 investment grows to $12200 over the course of 9 years compounded quarterly. what interest rate did you receive on you
k0ka [10]
The formula is
A=p (1+r/k)^kt
A future value 12200
P present value 6100
R interest rate ?
K compounded quarterly 4
T time 9 years

Set the equation and solve for r (interest rate)
12200=6100 (1+r/4)^(4×9)
Divide both sides by 6100
12200/6100=(1+r/4)^(36)
2=(1+r/4)^(36)
Take the root of 36 for both sides
2^(1/36)=1+r/4
R= (2^(1/36)-1)×4
R=(2^(1÷36)−1)×4
R=0.0778×100
R=7.78%

Hope it helps!
6 0
3 years ago
Beginning inventory, purchases, and sales for Product XCX are as follows:
9966 [12]

Answer:

Cost of merchandise sold = $483 , Closing stock = $227

Explanation:

Perpetual inventory system includes updates done, when sale or purchase transaction happens

Opening Stock = 26 units (price 15). Value = 26 x 15 = 390

Sale = 13 units, price 15. So, sales cost value =  13 x 15 = 195  

Purchase = 20 units (price 16). Value = 20 x 16 = 320

Sale = 18 units, price 16. So, sales cost value = 18 x 16 = 288

Total sales cost value, or cost of merchandise sold = 195 + 288 = 483

Closing stock = Opening stock + purchase - sales cost

= 390 + 320 - 483

= $227

4 0
3 years ago
The following is a December 31, 2021, post-closing trial balance for the Jackson Corporation.
tia_tia [17]

Answer:

Explanation:

See below

5 0
3 years ago
Other questions:
  • A small business produces a single product and reports the following​ data: Sales price ​$8.50 per unit Variable cost ​$5.25 per
    5·1 answer
  • On December 1, 2013, Keenan Company, a U.S. firm, sold merchandise to Velez Company of Canada for 150,000 Canadian dollars (CAD)
    12·1 answer
  • The following costs were incurred in September:
    10·1 answer
  • Alpha Technology produces two products: a high-end laptop under the label Excellent Laptops and an inexpensive desktop under the
    10·1 answer
  • I just wanna do something fun so, whats an adjective and noun for king?
    6·2 answers
  • This activity is important because marketing students should be aware of career opportunities in sales, how sales people create
    6·1 answer
  • Упражнение 200 Выпишите из какого либо художественного прозведения предложения с вводными словами и предложениями
    12·1 answer
  • Which of the following below is not one of porter's five forces?
    7·1 answer
  • A notary signing agent wants to stand out from other nsas by guaranteeing to borrowers and contracting companies that all of her
    8·1 answer
  • The fact that you cannot isolate the production of a ride through a ride-share service such as uber or lyft from its consumption
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!