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2 years ago

How does adaptability assist a school leaver to become a successful business owner

Business

1 answer:

noname [10]2 years ago

3 0

Answer:

To create a high degree of adaptability, you should develop more meaningful business relationships with others. If you're mindful of being respectful to others or having empathy, your relationships are only bound to deepen. In other words, when people see that you care about them and their businesses and not just what they can do to help you, you may gain more success. When you help someone without expecting anything in return, something happens. You get goodwill returned to you. In other words, when someone has a need or sees an opportunity for you, they will think of you, so it pays to keep your professional relationships adaptable.

People with a high degree of versatility have specific characteristics: attentiveness, competence, and resilience. Versatile people have a vision for the future and the ability to self-correct. People who are not versatile are resistant to change and single-minded. As an example, our friend could not focus on anything more than client development.

Explanation:

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On May 27, Hydro Clothing Inc. reacquired 65,000 shares of its common stock at $6 per share. On August 3, Hydro Clothing sold 48

Musya8 [376]

Answer:

May 27

Dr Treasury Stock $390,000

Cr Cash $390,000

Aug. 3

Dr Cash $432,000

Cr Treasury Stock $288,000

Cr Paid-In Capital from Sale of Treasury Stock $144,000

Nov. 14

Dr Cash $85,000

Dr Paid-In Capital from Sale of

Treasury Stock $17,000

Cr Treasury Stock $102,000

Explanation:

Preparation of the journal entries of May 27, August 3, and November 14.

May 27

Dr Treasury Stock $390,000

(65,000 shares × $6)

Cr Cash $390,000

Aug. 3

Dr Cash $432,000

(48,000 shares × $9)

Cr Treasury Stock $288,000

(48,000 shares × $6)

Cr Paid-In Capital from Sale of Treasury Stock $144,000

[48,000 shares × ($9– $6)]

Nov. 14

Dr Cash $85,000

(17,000 shares × $5)

Dr Paid-In Capital from Sale of

Treasury Stock $17,000

[17,000 shares × ($6 – $5)]

Cr Treasury Stock $102,000

(17,000 shares *$6)

(65,000 shares-48,000 shares=17,000 shares )

7 0

3 years ago

Pajama Corp. uses direct materials (fabric, thread, buttons), and direct labor (cutting, sewing labor) to make each pair of paja

RUDIKE [14]

Question Completion:

Estimated manufacturing overhead costs = $156,000

Estimated direct labor cost = $390,000

Estimated direct materials cost = $350,000

Answer:

Pajama Corp.

The cost driver rate = $0.40 per DL cost.

Explanation:

a) Data and Calculations:

Estimated manufacturing overhead costs = $156,000

Estimated direct labor cost = $390,000

Estimated direct materials cost = $350,000

Cost driver rate = $0.40 ($156,000/$390,000)

b) To calculate the cost driver rate, Pajamas Corp. divides the total estimated manufacturing overhead costs by the cost driver (direct labor cost). This implies that the cost driver rate is the total cost of activity pool divided by its cost driver. This yields the amount of overhead and indirect costs related to a particular activity.

7 0

3 years ago

One way to recruit companies to a state is to offer tax incentives; another is to assure them that the workforce is prepared. Wh

Vika [28.1K]

Answer:

At will employment

Explanation:

At-will employment is a term used in U.S. labor law for contractual relationships in which an employee can be dismissed by an employer for any reason, and without warning, as long as the reason is not illegal.

Through at-will employment, both the employee and the employer are able to terminate employment at any time. The employment can end at the discretion of either party at any time, with or without cause, and with or without notice.

Hence the answer to this question is At will employment

5 0

3 years ago

Read 2 more answers

The following account balances relate to the stockholders' equity accounts of Kerbs Corp. at year-end.

umka2103 [35]

Answer:

a) The amount of net income reported by Kerbs Corp. in 2020 is $299,800

b) Dividend = $17,000 ( Cash outflow from financial activities)

Common stock = $8,000 ( Cash inflow from financial activities)

Explanation:

2020 2019

Common stock, 10,500 shares 10,000 shares

$157,100 $137,800

Preferred stock, 5,000 shares $92,400 $92,400

Retained earnings $299,800 $248,500

a) Total amount of net income reported by Kerbs Corp. in 2020

= Retained earnings by the beginning of the year + Net income - cash dividend - stock dividend

Calculation of net income = Closing retained earnings + dividends - openind retained earnings

= $299,800 + ($11,300 + $17000) - $248,500

= $79,600

= $248,500 + $79,600 - $11,300 - $17,000

= $299,800

b) Determine the amounts of any cash inflows or outflows related to the common stock and dividend accounts in 2020

Inflow to common stocks = opening common stock - closing common stock - stock dividend

= $157,100 - $137,800 - $11,300

= $8,000

Dividend = $17,000 ( Cash outflow due to dividend)

7 0

3 years ago

A dentist shares an office building with a radio station. The electrical current from the dentist's drill causes static in the r

wariber [46]

Answer:

The dentist should get a new drill and it does not matter who pays for the new drill

Explanation:

Based on the information given the economically efficient outcome is that The dentist should get a new drill and it does not matter who pays for the new drill reason been that the building is been share by both the dentist and the radio station in which the electrical current from the dentist's drill was the one who causes static in the radio broadcast making them to lose some amount of money which means the dentist should go ahead and buy a new drill in which it does not matter who pays for the drill because they both shared the building .

7 0

3 years ago