Answer: values
Explanation:
Societal values can simply be defined as the moral principles defined by the traditions, society dynamics, and cultural beliefs.
These values impact on the behavior of the people. An example is Germans' lack of interest in using credit cards like Visa and MasterCard, because the German word for 'debt' is the same as the word guilt. This hae to do with their belief and values.
Answer:
Their business should be classified as a Partnership.
Explanation:
The three major types of businesses are Sole Proprietorship, Partnership & Corporation. Sole Proprietorship has only one member and corporations have shared ownership and big in size. Partnerships are businesses in which a small number of people decide to pool in and start a business and are personally liable for any business debts. In this case the coffee shop opened by Franklin, John, Henry, and Harry would be classified as a Partnership.
Partnerships have a limited life and it will dissolve if any of Franklin, John, Henry, and Harry decide to leave the partnership unless stated otherwise in the charter of the partnership.
Answer:
Fifo Ending Inventory = $ 690
Explanation:
The first in first out method implies that only the units at the end are left out in the ending inventory.
Fifo Ending Inventory = $ 690
10 units from third purchase at $ 35= $ 350
10 units from second purchase at $ 34= $ 340
Total 20 units FIFo method = $ 690
Working
Total Cost
Beginning inventory 10 units at $30 $ 300
First purchase 25 units at $32 $ 800
Second purchase 30 units at $34 $ 1020
Third purchase 10 units at $35 $ 350
