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Mariulka [41]
3 years ago
11

Give definitions of business enterprises​

Business
1 answer:
Alinara [238K]3 years ago
8 0

Answer:

efinition. Business enterprise means a firm, sole proprietorship, partnership, association, corporation, company, or other business entity of any kind including, but not limited to, a limited liability corporation, incorporated professional association, joint venture, estate, or trust.

Explanation:

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Repurchase by the company of its own common stock $ 41,000 Sale of long-term investment $ 60,000 Interest paid to lenders $ 15,5
EleoNora [17]

Answer:

The net cash provided by investing activities on the statement of cash flows will be $106,000

Explanation:

Investing activities include all the cash transactions incurred for the fixed asset of the company.

The net cash provided by (used in) investing activities can be calculated as follows

Net cash provided by (used in) investing activities = Sale of long-term investment + Collection by McCorey of a loan made to another company

Where

Sale of long-term investment = $60,000 ( Cash inflow )

Collection by McCorey of a loan made to another company = $46,000 ( Cash Inflow )

Placing values in the fomrula

Net cash provided by investing activities = $60,000 + $46,000 = $106,000

6 0
3 years ago
The liabilities of Berber Company are $120,000 and the owner's equity is $230,000. What is the amount of Berber Company's total
svetlana [45]

Answer:

$350,000

Explanation:

The relationship between assets, liabilities, and equity is expressed in the accounting equation.  According to the equation, Assets = Equity plus Liabilities.

For Berber company, total assets will be

Assets = $120,000 + $230,000

Assets = $350,000

6 0
3 years ago
We are able to use the concepts of W (the winning coalition) and S (the selectorate) from the Selectorate Theory to make useful
Liula [17]

Answer:

False.

Explanation:

Selectorate theory differentiates between different types of dictatorships, as well as between dictatorships and democracies. The key factor that distinguishes democracies from dictatorships is the size of the winning coalition.

8 0
3 years ago
On January 1, Year 1, Gemstone Mining Company (GMC) paid $10,500,000 cash to purchase a stone pit estimated to hold 50,000 tons
Varvara68 [4.7K]

Answer:

Cost of Mining Stone pit = $10,500,000

Salvage value at the end of third year = $500,000

Total expected mining during the life = 50,000 tonnes

Depletion per tonne = (cost - salvage) ÷ total expected mining

                                 = (10,500,000 - 500,000) ÷ 50,000

                                 = $200 per tonne

Stone extracted during the year = 10,000 tonnes

Depletion expense of Year 1 = 10,000 tonnes @ 200 per tonne

                                                = $2,000,000

JOURNAL ENTRY:

Depletion expense A/c  Dr.                        $2,000,000

To  Accumulated Depletion- Mining rights                    $ 2,000,000

(To record depletion expense for Year 1)

6 0
3 years ago
External processes targeted in competing on analytics consist of:____.A. Human Resource Management.B. Customer Relationship Mana
Hatshy [7]

Answer:

B. Customer Relationship Management (CRM).

Explanation:

Customer relationship management refers to managing a relationship with the customer by providing them excellent products and servcies at reasonable cost in order to build a trust, provide them maximum satisfaction so that the company could able to generate maximum share in the market place. Also it should be more focused to attain competitive advantage

Therefore according to the given situation, the option B is correct

4 0
3 years ago
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