Answer:
Top 5 industries in Houston:
- Petroleum and coal products.
- Chemicals.
- Oil and Gas extraction.
- Construction and Mining machinery.
- Plastics.
Other sectors supported by Energy sector.
- Real Estate - oil workers are able to rent and buy houses.
- Finance and Insurance - due to investments in the Energy industry as well as salaries enabling investments in other finance products.
- Retail Trade - Employees in energy are able to afford goods and services offered by retail trade thereby supporting the sector.
- Government - Huge taxes generated from energy sector jobs contribute to both the Federal and State governments.
- Agriculture - As is the case in other sectors, energy sector employees spend a lot on food which props up the agricultural sector.
- Construction - With the massive construction projects needed in the energy sector, the construction sector gains massively from interacting with the energy sector.
Business ethics Padding an expense account and save documents with record
Answer: Option D
Explanation: Network externalities are indeed an economic principle that defines the conditions in which a product or service's value increases or decreases as the number of customers increases or declines.
As the availability of an item raises the price of the product falls it becomes less valuable, according to the traditional economic theory. This is termed "positive externalities of the network" or "network influence."
Thus, somehow it creates barriers for other firms by prepairng a strong customer base for an experienced firm.
Answer: $3,025
Explanation:
The Net Working Capital is used to find out if the company is able to use its current assets to cater for it's Current Liabilities and as such is calculated by subtracting Current Assets from Current Liabilities.
= Current Assets - Current Liabilities
Current Liabilities = 975 + 250
= $1,225
The interest bearing funds are not included when Calculating Net Working Cap.
Net Working Capital = 4,250 - 1,225
= $3,025
