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SOVA2 [1]
2 years ago
5

Give an example of 3 wants of businesses and describe WHY they are wants

Business
1 answer:
Lemur [1.5K]2 years ago
7 0
A want is something which we would like but do not need to survive. Humans have five basic needs: food, water, shelter, warmth, and clothing. ... Products are launched to fulfill the needs and wants of the consumers in the business's target market. A market is defined as a place where buyers and sellers meet.
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Summary financial information for Paragon Company is as follows. Dec. 31, 2014 Dec. 31, 2013 Current assets $ 203,600 $ 254,000
beks73 [17]

Answer:

Current assets:

Amount = 2014 value - 2013 value

             = $203,600 - $254,000

             = -($50,400) (Negative)

percentage changes = \frac{Amount}{2013\ value}\times100

                                    = \frac{50,400}{254,000}\times100

                                    = (19.84)%

Plant assets:

Amount = 2014 value - 2013 value

             = $1,397,000 - $831,700

             = $565,300

percentage changes = \frac{Amount}{2013\ value}\times100

                                    = \frac{565,300}{831,700}\times100

                                    = 67.96%

Total assets:

Amount = 2014 value - 2013 value

             = $1,600,600 - $1,085,700

             = $514,900

percentage changes = \frac{Amount}{2013\ value}\times100

                                    = \frac{514,900}{1,085,700}\times100

                                    = 47.42%

6 0
2 years ago
CHEGG On November 1, 2021, Ivanhoe Company places a new asset into service. The cost of the asset is $70000 with an estimated 10
e-lub [12.9K]

Answer:

The answer is "6,000".

Explanation:

Depreciation per year:

=\frac{(70000 - 10000)}{10}\\\\=\frac{60000}{10}\\\\ = 6,000

7 0
2 years ago
When a restaurant prices pizza at $10 per slice they sell 100 slices in a night. If they sell pizza for $5 per slice, they sell
Helga [31]

slope of this demand curve for pizza = <u>-1/40</u>

<h3>Briefly explained</h3>

Slope = changes in y/ changes in x

The shop sells 200 more pizzas if the price drops by $5 ($10 to $5). (100 to 300 pizzas) A good's quantity is always on the x-axis and its price is always on the y-axis. According to our justification, the cost is REDUCED by $5 (a reduction of -$5) and the quantity of pizzas sold rises by 200. The slope is therefore <u>-5/200 or -1/40.</u>

<h3>What is demand curve?</h3>

The demand curve is a graphical depiction of the connection between the cost of a commodity or service and the quantity required over a specific time period.

The price will often be shown on the left vertical axis in a representation, and the amount needed will typically be shown on the horizontal axis.

Learn more about demand curve

brainly.com/question/1139186

#SPJ4

5 0
1 year ago
Colleen Matthews had just turned 22 when her hard work finally started to pay off. Six months earlier Colleen graduated from a s
const2013 [10]

Answer:

Prosecutors of this case can use the net worth method to determine the extent these executives have been receiving  illegal incomes by computing their wealth at the beginning  and at the end of the period under investigation.

There will be an increase in the executives wealth, and since this increase cannot be traced to any legal income source, it will become taxable income, with the calculated penalties and fines.

Explanation:

The net worth method specifies that any increase in wealth, which is not traced to non-taxable sources, should be determined as a taxable income for the period under review.  Ordinarily, the net worth is the difference between assets and liabilities.  Since the executives use the money personally at their convenience, this will increase their personal wealth.

5 0
2 years ago
Colson Inc. declared a $320,000 cash dividend. It currently has 12,000 shares of 7%, $100 par value cumulative preferred stock o
Alex787 [66]

Answer:

The divided for common stockholders is $152000

Explanation:

The preferred stock is cumulative whch means any arrears in preference dividend will be paid whenever the dividend is declared.

The amount of yearly preference dividends is = 12000 * 100 * 0.07 = 84000

Thus, when 320000 cash dividend is declared, 2 years ( current year and arrear year) preference dividend will be paid first and the remaining will be distributed among common stock holders.

The dividedn for common stockholders is 320000 - (84000 * 2) = $152000

4 0
3 years ago
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