The business cycle goes through four major phases: expansion, peak, contraction, and trough.
A business is an activity that makes a living or makes money by manufacturing or buying and selling products.
Enterprise is defined as an organization or business entity engaged in commercial, industrial, or professional activities. A business can be a commercial or non-commercial organization. The types range from corporations with limited liability to sole proprietorships, corporations and partnerships.
The definition of business is the profession or trade, the buying and selling of goods or services for profit. A business example is agriculture. An example of a transaction is the sale of a home.
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Answer:
Liabilities increase and assets decrease.
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Answer:
67,840 units
Explanation:
The computation of the equivalent units for material by using the FIFO method is shown below:
<u>Particulars Unit Percentage completion Equivalent units</u>
Opening
inventory 4,000 units 50% 2,000 units
Completed
& transferred
(67,000
- 5,800) 61,200 units 100% 61,200 units
Closing
inventory 5,800 units 80% 4,640 units
Total 67,840 units
Answer:
Our answer is E 114,420
Explanation:
Production budget:
Jan Feb Mar
Budgeted sales units 40000 37000 34000
Add: Ending inventory 12950 11900
Total requirement 52950 48900
Less: Beginning inventory 14000 12950
Budgeted production units 38950 35950
Purchase budget of Box:
Jan Feb
Budgeted production 38950 35950
Bx required per unit 3 3
Total requirement of Boxes 116850 107850
Add: Ending inventory 21570
Total boxes needed 138420
Less: Beginning inventory 24000
Budgeted Purchase boxes 114420
Answer is E. 114420
The factors in society are all around us and them.
As corny as it might sound but the early promoted careers all are because the parents and the teachers and the community.