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3 years ago

Check your Understanding

Business

1 answer:

8090 [49]3 years ago

4 0

Answer:

1. B

Because we all need to improve on areas involving management

2. A

3. Business plan

4. A

5.B

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Why is it important to understand the competition your business faces?

fomenos

Answer:

It can help you to make your products, services and marketing stand out. You can use this knowledge to create marketing strategies that take advantage of your competitors' weaknesses, and improve your own business performance.

5 0

3 years ago

Ray is a shareholder of Small Biz Company (SBC). When the directors fail to undertake an action to redress a wrong suffered by S

julsineya [31]

Ray is a shareholder of a small company. When the director falls to undertake an action it falls under derivative suit.

Explanation:

Derivative suit is referred to as a law suit that is brought by the shareholder in behalf of the company against the third party.
If in a company the employees, the directors as well as the officers are not ready to file a complain against the third party then the shareholder has the right to file a complaint against the third party.
Derivative suit is normally filed by the shareholder when there is a mismanagement in the company. To stop the illegal work this action is being taken.

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3 years ago

When direct labor employees contribute to the production process, the cost of their labor is recorded by debiting: O Wages Expen

lutik1710 [3]

Answer:

The correct answer is letter "C": Work in Process Inventory.

Explanation:

Work in Process Inventory is an asset in the company's Balance Sheet. It represents the accumulated cost of unfinished goods that are currently in the manufacturing process. Companies that manufacture large or customer-made items typically use a work in progress inventory system to record labor, raw material, and overhead.

6 0

3 years ago

Ben really enjoys outdoor activities. When he isn't working, he's biking, hiking, sailing, or training to run marathons. Which o

Amanda [17]

Answer:

a) high-paying

Explanation:

As ben is an outdoor person and likes to have most of the time sent out, has the hiking and sailing or training and running marathons he could be least be focused on the jobs that are high or good-paying.

As ben enjoys his life and lives for the moment and thus thinks of location, flexible work schedules and other benefits. But does not rely on the high paying careers.

4 0

3 years ago

Myriad Solutions, Inc. issued 12% bonds, dated January 1, with a face amount of $420 million on January 1, 2021, for $375,505,45

faust18 [17]

Calculation

Period Cash Interest Bond Interest Discount Carrying

End paid Expense Amortization Value

01-Jan-21 $375,505,452

30-Jun-21 $25,200,000 $26,285,38 $1,085,382 $376,590,834

1-Dec-21 $25,200,000 $26,361,358 $1,161,358 $377,752,192

Total $50,400,000 $52,646,740

3 0

3 years ago

Read 2 more answers