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2 years ago

Which business function is concerned with delivering a product or service to customers?

Business

1 answer:

Gwar [14]2 years ago

4 0

Answer:

Production

Production departments or companies are the manufacturing branches of a business to produce products or delivery of services to customers

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Last year mike bought 100 shares of dallas corporation common stock for $53 per share. during the year he received dividends of

Pepsi [2]

Mike brought 100 shares costing $53 each.
Total costs of shares= 100*53
=$5300

He got dividends of $1.45 per share. A dividend is money that is earnt back from a share.
Total dividend amount = 1.45*100
=$145

I'm assuming that Mike sold his shares at the end of the year. He sells for $60 each.
Total sales amount=60*100
=$6000

The rate of return in this instance can be defined as the amount of money made back from a share.

Rate of return= total earnings/ costs

Total costs= $5300
Total earnings=$6145

6145/5300=1.1594
=15.9%

Hope this helps! :)

4 0

3 years ago

Ming Chen began a professional practice on June 1 and plans to prepare financial statements at the end of each month. During Jun

Leya [2.2K]

Answer:

The accounting equation holds as follows:

Asset = Liabilities + Equity = $80,000

Explanation:

Note: See the attached excel file for the analysis of the Effect of June Transactions on the Accounting Equation

From the last balances in the attached excel file, we have:

Assets = Cash + Receivable + Equipment = $41,000 + $8,000 + $31,000 = $80,000

Liabilities = Payable = $0

Equity = M. Chen, Capital - M. Chen, Withdrawals + Revenue - Expenses = $75,000 - $1,000 + $10,500 - $4,500 = $80,000

Liabilities + Equity = $0 + $80,000 = $80,000

Therefore, the accounting equation holds as follows:

Asset = Liabilities + Equity = $80,000

Download xlsx

4 0

3 years ago

The Baldwin company currently has the following balances on their balance sheet: Assets $180,506 Common Stock $11,365 Retained e

Amiraneli [1.4K]

Answer:

The total liabilities for the next year amount to 37163 $.

Explanation:

To calculate the liability we will use the simple equation given below.

Asset-equity=liability

Assets-RE=Liability

Current year Change* Next Year

Assets 180,506.00 29,506.00 151,000.00

Common Stock (11,365.00) 0 (11,365.00)

Retain Earning (92,472.00) (10,000.00) (102,472.00)

Liability- BaL figure 76,669.00 37,163.00

*Retain earning= Net profit- dividend

Hence balancing figure that is 37,163 dollars is liabilty for next year,

7 0

3 years ago

For each of the following fiscal policy proposals, determine whether the primary focus is on aggregate demand, aggregate supply,

Bad White [126]

Answer:

2. (i) demand-side; (ii) both; (iii) supply-side; (iv) supply-side; (v) both

Explanation:

a. $1,000 per person tax reduction ⇒ focus on aggregate demand (more money for consumers to spend)

b. a 5% reduction in all tax rates ⇒ focus on both aggregate demand and supply (more money for consumers and suppliers)

c. Pell Grants, which are government subsidies for college education ⇒ focus on aggregate supply (more money for suppliers of college education)

d. government-sponsored prizes for new scientific discoveries ⇒ focus on aggregate supply (more money for suppliers of new scientific discoveries)

e. an increase in unemployment compensation ⇒ focus on both aggregate demand and supply (more money for consumers resulting in higher prices and lower output)

4 0

3 years ago

As a factor of production, how is capital created? A. By adding land to entrepreneurship B. By adding human labor to land C. By

Dennis_Churaev [7]

Answer:

Explanation:

By adding human labor to land

7 0

3 years ago

Read 2 more answers