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Anna11 [10]
3 years ago
15

_____ typically includes information on the customers served, why the company exists, what the company does, the value received

by the customers, and the technology used.
Business
1 answer:
max2010maxim [7]3 years ago
7 0

Answer:

Mission.

Explanation:

Considering the stakeholders' perspectives is a significant step or approach to be adopted by business firms when developing a mission statement. It requires that you think about who is affected by your organization and how they might measure your success.

Generally, when the top executives or management are developing a mission statement, decisions, and goals, it is very essential and important that they ensure it is favourable to the stakeholders. Stakeholders can be defined as a group of people who have interest or shares in a business entity and are affected by the decisions of the company.

Hence, the stakeholders perspective needs to be considered at all times because they're part of the business and their actions can affect the success of the business.

Mission typically includes information on the customers served, why the company exists, what the company does, the value received by the customers, and the technology used.

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North Dakota Corporation began operations in January 2017 and purchased a machine for $15,000. North Dakota uses straight-line d
taurus [48]

...

Answer: Income tax 2017

$

Account income $145,000

Add depreciation 3750

Less capital allowance 7500

Balance. $141250

Tax. 42,375

North Dakota journal $

Dec 2017

Profit after tax Dr 42375

Cash CR. 42375

Tax payment for the year

5 0
3 years ago
- 1. What are the main features of a profit-based business?​
tensa zangetsu [6.8K]

Answer:

In my opinion, a profitable business owner is distinguished by the following seven characteristics:

They are visionaries.

They build teams.

They focus on scaling their business.

They know their numbers.

They take fiscal responsibility.

They charge more than it costs.

They keep fear at bay.

Explanation:

4 0
3 years ago
a. If Canace Company, with a break-even point at $960,000 of sales, has actual sales of $1,200,000, what is the margin of safety
Gnoma [55]

Answer:

(A)

240,000 margin of safety in dollars

20% as percent of sales

(B)

actual sales= 11,250,000

Explanation:

current \:sales - BEP_{USD} = margin \: of \: safety

1,200,000 - 960,000 = 240,000 margin of safety in dollars

\frac{current \:sales - BEP_{USD}}{current \:sales} \times 100 = margin \: of \: safety

\frac{1,200,000 - 960,000}{1,200,000} \times 100 = margin \: of \: safety

240,000/1,200,000 = 0.2 x 100 = 20%

For B we will determinate the BEP in dollars and then add the 20% margin of safety.

\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}

\frac{1,875,000}{0.2} = Break\: Even\: Point_{dollars}

BEP = 9,375,000

BEP x ( 1+margin of safety) = actual sales

BEP x (1 + 20%) = 11,250,000

7 0
3 years ago
Champion Contractors completed the following transactions and events involving the purchase and operation of equipment in its bu
dybincka [34]

Answer and Explanation:

The Journal entries are shown below:-

Jan 1

Equipment Dr, $300,600 ($287,600 + $11,500 + $1,500)

          To Cash $300,600

(Being equipment is recorded)

Jan 3

Equipment Dr, $4,800

          To Cash $4,800

(Being equipment is recorded)

Dec 31

Depreciation expenses-equipment Dr, $70,850

($300,600 + $4,800 - $20,600 - $1,400) ÷ 4

        To Accumulated depreciation-equiment $70,850

(Being depreciation expense is recorded)

Year 2018

Jan 1

Equiment Dr, $5,400

       To Cash $5,400

(Being equipment is recorded)

Feb 17

Repair expenses Dr, $820

          To Cash $820

(Being repair expense is recorded)

Dec 31

Depreciation expenses-equipment Dr, $43,590

        To Accumulated depreciation-equiment $43,590

(Being depreciation expense is recorded)

For Computing the Depreciation year 2018

Particulars                                                                                  Amount

Jan 1 2017 Cost of loader ($287,600 + $11,500 + $1,500)     $300,600

Add cost of air conditioning installation on

Jan 3 2017                                                                                 $4,800

Book value of depreciation for year 2017                              $305,400

Less: Depriciation of year 2017

($305,400 - $20,600 - $1,400) ÷ 4                                         $70,850

After depreciation the book value for year 2017                   $234,550

Add: Cost to overhaul the loader's engine                            $5,400

Before depreciation the book value of 2018                         $239,950

Depreciation of year 2018

($239,950 - $22,000) ÷ (4 - 2 + 1)                                           $43,590

6 0
4 years ago
New Apps Company develops "Browser Lite, " software to speed the display of graphics on Web sites. Browser Lite has the most cop
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Answer: The correct answer is "3. the TRIPS Agreement.".

Explanation: Browser Lite has the most copyright protection under the TRIPS Agreement because the Agreement on Trade-Related Aspects of Intellectual Property Rights established a series of basic principles on intellectual property tending to harmonize these systems between the signatory countries and in relation to world trade.

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4 years ago
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