It may be drawn to a conclusion that the strategic abilities of a firm are related to their abilities of creating value for their customers (V), while also containing the cost to do the same (C).
The value of the customer is essentially dependent upon the strategic abilities adopted by a firm in the regular course of its business. Thus, there has to be a condition wherein the cost of bringing values to the customers of the firms are also taken into consideration by giving them a high level of importance within the organizational environment.
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suppose you have a gift certificate for $20 at a diner. you can use it to order meatloaf or pot roast. meatloaf costs $12 and pot roast costs $14. meatloaf and pot roast are both worth $15 to you. the opportunity cost of choosing pot roast is $_____ . (enter a number in the blank.)
The opportunity cost of choosing pot roast is $3.
Opportunity cost is the value of the next best alternative that is given up as a result of a decision. In this case, if you choose to order pot roast for $14, the opportunity cost is the value you would have received from the next best alternative, which is meatloaf for $12. So the opportunity cost of choosing pot roast is $12 - $14 = $-2, but since this is a cost, we can say the opportunity cost is $3 (since you would have to pay $3 more to get the pot roast instead of the meatloaf).
Let's say you have a $20 gift certificate for dinner. It can be used to place a meatloaf or pot roast order. Pot roast costs $14 while meatloaf costs $12. Pot roast and meatloaf are both $15 worth to you. The opportunity cost of selecting meatloaf over pot roast is $15 EX in money.
How Does Opportunity Cost Work?
Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options. Opportunity costs are by definition invisible, making it simple to ignore them. Making smarter decisions requires an understanding of the possible opportunities lost when a company or person selects one investment over another.
Investors sometimes neglect opportunity cost. It basically refers to the unintended consequences of choosing not to pursue an alternative path of action. If a corporation, for instance, follows a specific business plan without first weighing the merits of competing strategies, they may fail to see the opportunity costs involved and the chance that they could have achieved greater success by taking a different course.
Opportunity Cost Formula
Cost of Opportunity = FO CO
where:
Return on the best foregone alternative.
CO stands for Return on Option.
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An advantage of an LLC is flexible distribution of profits and losses, which means profits/losses do not have to be distributed in _____ to the money each person invests.
An advantage of an LLC is flexible distribution of profits and losses, which means profits/losses do not have to be distributed in proportion to the money each person invests.
One of the main advantages of setting up a limited liability company (LLC) is the flexibility it provides in terms of how profits and losses are distributed. Unlike other business structures, an LLC does not require profits and losses to be distributed in proportion to the money each member invests.
This gives members of the LLC the freedom to determine how profits and losses are distributed, allowing for more creative structuring of investments and profits. This also allows for more equitable division of profits and losses between the members, which can be a great benefit for small business owners.
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PLEASE HELP 97 POINTS ollowing the accounting cycle, what would an accountant do right after identifying financial transactions?
A. create a general ledger
B. record journal entries
C. make a trial balance
D. adjust entries
Answer:
B. record journal entries
Explanation:
After identifying financial transactions, the next step in the accounting cycle would be to record journal entries.
Journal entries are the first step in the recording process and are used to record the financial transactions of a business in chronological order. They provide a detailed record of each transaction and include the accounts that are affected, the amounts that are debited and credited, and a brief description of the transaction.
Once the journal entries are recorded, they are then posted to the general ledger. The general ledger is a collection of all the accounts used by a business and is used to summarize the financial transactions of the business.
organizations must continually adjust product and marketing strategies to be sensitive to consumers' needs. one such consumer need is their expectation of personalized experiences. this is a response to changes in _______.
One such consumer need is their expectation of personalized experiences. this is a response to changes in social trends.
Social patterns change throughout time. Today are where consumers connect and exchange information. Companies must constantly modify their marketing and product strategies to be responsive to shifting social trends. Environmental issues are increasingly significant to consumers, employees, and corporate leaders. "Green" practices are gradually moving from being optional to being expected.
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What is not the advantages of the corporate form of business?
a. Limited liability of stockholders
b. Ease of capital accumulation
c. Continuous life
d. Corporate taxation
Corporate taxation is not the advantage of the corporate form of business
A disadvantage of the firm's business structure is corporate taxation, which is detrimental. The term describes taxation of corporate profits, which is frequently greater than the tariff rate for individual income. Thus, firms have to pay more tariffs than others, which impedes their profitability and competitiveness. Whereas, limited responsibility of stockholders states that stockholders are only liable for their investment and not the whole amount of firm's debt. In the event of bankruptcy, this offers stockholders a certain level of security and lowers the likelihood that they may lose their personal belongings.
The ability of firms to generate significant quantities of capital through stocks and bonds sale is the ease of capital accumulation. This makes it simpler for corporations to finance development and expansion. The phrase continuous life describes how firms are distinct legal entities that can continue to exist regardless of the passing or departure of any individual owner or stockholder. Businesses may pursue their goals and accomplish their objectives over the long term thanks to this level of consistency and continuity.
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Which of the following statements is TRUE about average cost (AC) and Marginal Cost (MC)?
A. Average cost (AC) is irrelevant to extent decisions
B. Marginal cost determines whether or not you produce
C. Marginal cost (MC) is irrelevant to extent decisions
D. All of the above
The true statement is Average cost (AC) is irrelevant to the extent of decisions.
The average total cost is calculated as the overall production costs divided by the total output of the firm. When making an extent choice, a firm must ideally determine both the extent of activity along with whether or not to engage in it. It is a significant factor, however, it might not be the only one.
Businesses can choose how to compete more successfully in the market by taking a broad range of costs into account in order to decrease significant expenses and boost overall profitability. By contrasting the efficacy of various production strategies and using the average cost as a baseline, it is possible to identify the best quantity of output. Making meaningful decisions, however, necessitates taking a number of other steps.
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The _________ value of stock is arbitrary amount established by the board of directors of a corporation.
The par value of stock is an arbitrary amount established by the board of directors of a corporation.
A stock's par value is a nominal or arbitrary value that a corporation's board of directors assigns to each share. This figure serves as a baseline for calculating the stock's value, but it's vital to keep in mind that the par value frequently underestimates the stock's actual market value.
For instance, the par value of the stock would be $100,000 if a company had issued 100,000 shares of stock with a par value of $1 each. However, depending on a number of variables like the company's financial performance, the overall health of the economy, supply, and demand, and other considerations, the market value of the stock may be significantly greater or lower than this figure.
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James has found a "favorable" authority directly on point for his tax question.a. If the authority is an administrative authority, which specific type of authority would he prefer to answer his question?multiple choice 1Treasury Department RegulationRevenue ProcedureRevenue RulingPrivate Letter Rulingb. Which administrative authority would he least prefer to answer his question?multiple choice 2Private Letter RulingRevenue ProcedureTreasury Department RegulationRevenue Ruling
James would least prefer to use a Private Letter Ruling, as it only provides guidance for the specific taxpayer who requested the ruling and cannot be relied upon or cited as authority by other taxpayers. Here option A is the correct answer.
James would prefer to answer his tax question using a Revenue Ruling, as it is the most authoritative source for tax guidance and sets precedent for the Internal Revenue Service (IRS) to follow in future cases.
A revenue Ruling is a published administrative authority that provides guidance to taxpayers on how the Internal Revenue Service (IRS) will apply tax laws to specific factual situations.
Treasury Department Regulations are the most formal and authoritative type of administrative authority, as they are issued by the Treasury Department and have the force of law. Revenue Procedures, similar to Revenue Rulings, provide guidance to taxpayers on specific tax issues and are published in the Internal Revenue Bulletin.
Complete question:
James has found a "favorable" authority directly on point for his tax question.a. If the authority is an administrative authority, which specific type of authority would he prefer to answer his question? multiple-choice 1Treasury Department RegulationRevenue ProcedureRevenue RulingPrivate Letter Rulingb. Which administrative authority would he least prefer to answer his question?
A - Private Letter Ruling
B - Revenue Procedure
C - Treasury Department Regulation
D - Revenue Ruling
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Which of the following is/are true about the degree of customization a company offers its customers?A- Greater customization tends too require more specialized (or flexible) equipment.B- Greater customization impacts only the operational side of the business C- Greater customization tends to reduce prices because less inventory must be kept of each item D- Greater customization tends to require greater employee skill.
A. "Greater customization tends to require more specialized (or flexible) equipment" and D. "Greater customization tends to require greater employee skill" are true about the degree of customization a company offers its customers.
Greater customization typically requires more specialized or flexible equipment to accommodate the unique specifications of each customer order. Additionally, employees must have greater skill and knowledge to handle the complex and varied processes involved in providing customized products and services. Greater customization can also increase costs, as it may require additional resources and expertise.
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Which of the following statements about the goals and stages of writing effective business messages are true?a) Writers should complete the stages of business message writing in a sequential manner.b) Effective business writing is divided into three stages.c) The stages of business writing often overlap each other.d) The three stages of effective business writing are planning, writing, and reviewing.
The three stages of effective business writing are planning, writing, and reviewing is true. there are three stages to writing: planning, drafting, and editing and proofreading at the end. Before moving on to the drafting stage, you conduct preliminary research and prepare preparations for your topic.
Your company may reach a stage of maturity after several years in existence when it is more stable and profitable. The third stage of a business' life cycle is this one. Planning and strategizing are the first steps in the business process management life cycle. Managers must then assess current business procedures to identify areas that require improvement.
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FDI is one way of starting a business in another country. explain the ways enough which it can be done
The ways in which FDI can be done is:
Horizontal FDIVertical FDIConglomerate FDIForeign direct investment(FDI) is an interest in a foreign company or project by an investor, company or government of another country.
In horizontal FDI, the company initiates the same type of economic activity in a foreign country as it does in its own country. An example is a US-based wireless carrier that buys a network of phone shops in China.In vertical foreign direct investment, a company acquires a complementary company in another country . For example, a US manufacturer can buy shares in a foreign company that supplies it with the raw materials it needs.In an FDI conglomerate, a company invests in foreign assets unrelated to its core business. Since the investing company has no prior experience in the foreign company's specialty, this often takes the form of a joint venture.To know more about FDI:
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Which of the following are tactics used by labor unions to force businesses to accept their demands? (choose all that apply) answer choice-picketing-strikes-boycotts
The concept is a Labor union, a group of two or more employees who come together to pursue common interests. The answer is, boycotting, striking, and picketing.
Unions have various ways of putting pressure on management to accept the terms demanded by union members. Tactics available to the union include strikes, pickets, and boycotts.
A union is a group of two or more workers who join together to pursue common interests such as wages, benefits, working hours, and other working conditions.
Tactics available to the union include strikes, pickets, and boycotts. When the union is on strike, the workers refuse to work until it is solved.
Question:
What tactics do unions use to force companies to accept their demands?
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The United States is heading for the biggest political and constitutional crisis since the Civil War. In the next three or four years, it is likely that large-scale violence, the collapse of the federal authority, and the country will split into Republican and Democratic enclaves." Recently, Robert Kagan, a conservative political scientist, said in a long editorial published in the Washington Post, which triggered many debates
"The United States is heading for the biggest political and constitutional crisis since the Civil War. In the next three or four years, it is likely that large-scale violence, the collapse of the federal authority, is the true statement.
What is constitutional crisis?Political scientists refer to a constitutional crisis as a problem, a challenge, or a disagreement in the way a government operates where it is claimed that the political constitution or another fundamental governing law is seen as or assumed to be unable to address the challenges the nation is facing.
The United States is therefore facing its biggest political and constitutional crisis since the American Civil War, as is widely acknowledged.
Thus, it is the true statement.
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0
A cashier distributes change using the maximum number of five-dollar bills, followed by one-dollar bills. Write a single statement that assigns num_ones with the number of distributed one-dollar bills given amount_to_change. Hint: Use %.
Sample output with input: 19
Change for $ 19
3 five dollar bill(s) and 4 one dollar bill(s)
this is how i solved it but am still getting error on some part
amount_to_change = int(input())
num_fives = amount_to_change // 5
''' Your solution goes here '''
num_ones = 19 % 5
print('Change for $', amount_to_change)
print(num_fives, 'five dollar bill(s) and', num_ones, 'one dollar bill(s)')
The cashier is required to change the money into a maximum of five $1 bills and any remaining coins into $5 bills. num ones = amount to change percent 5.
In order to determine the worth of $1 bills given amount to change, we must write a single line of code to assign a value to the variable num ones.
Let's resolve this by using an illustration:
If $19 is the amount to change,
There are a total of three $5 bills that can be distributed. The total that can be exchanged for $5 banknotes is:
As a result, the leftover money, which is $4 ($19 - $15), will be paid in one-dollar bills.
Using the modulus (%) operator, four $1 bills can be located out of these $19 in total.
The remainder, or modulus operator, is left, i.e.
When a number "p" is divided by "q," the remainder is the result of p% q.
19 % 5 = 4
Four one dollar bills are to be distributed.
Therefore, a single line of code representing the quantity of $1 bills can be expressed as:
Number of Ones = Amount of Change % 5
So, the appropriate sentence is:
Number or num of Ones = Amount of Change %5
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Which of the following statements about the goals and stages of writing effective business messages are true?
1) the stages of business writing often overlap each other
2) the three stages of effective business writing are planning, writing, and reviewing
3) effective business writing is divided into three stages
The three stages of effective business writing are generally considered to be planning, writing, and reviewing is True. So, the correct option is 2.
These stages help ensure that business messages are clear, concise, and effective. In the planning stage, the writer determines the purpose of the message and identifies the audience. They also gather information, create an outline, and consider the tone and format of the message.
In the writing stage, the writer puts the plan into action and creates the message, paying attention to organization, tone, and language usage.
In the reviewing stage, the writer evaluates the message and makes any necessary revisions. This stage is important to ensure that the message is clear and effective and that there are no errors or inaccuracies.
It is common for the stages of business writing to overlap, as writers often need to revisit earlier stages as they progress through the writing process.
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For issuers, the opinion on the internal control over financial reporting contains a statement indicating the date as of which the auditor's opinion is based. That date is
A. The date of the auditor's report.
B. The date the financial statements were issued.
C. The date specified in the body of the CEO's signed statement on internal control.
D. The date of the financial statements.
SHOW CORRECT ANSWER
The date of the auditor's report is the right response, which is A. An independent auditor's report, which expresses an opinion on the financial statements of an organisation, is a written document.
A critical record that offers an unbiased evaluation of the financial accounts of a corporation is an auditor's report. A certified public accountant or audit firm conducts an audit of the company's financial records before preparing the report. The report expresses an opinion regarding the financial statements' fairness, correctness, and compliance with accounting standards. For investors, lenders, and other stakeholders who depend on the financial statements to make wise decisions, the auditor's report is a crucial resource. The auditor's report provides confirmation that the financial statements are accurate and sufficient internal controls are in place at the company. The report is a crucial step in the financial reporting process and supports accountability and transparency.
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a swot analysis helps planners compare internal organizational strengths and weaknesses with external opportunities and threats.(true or false)
The statement is True. A swot analysis helps planners compare internal organizational strengths and weaknesses with external opportunities and threats.
SWOT evaluation (or SWOT matrix) is a strategic making plan and strategic control technique used to assist someone or an enterprise discover Strengths, Weaknesses, possibilities, and Threats associated with commercial enterprise competition or project-making plans. it is sometimes known as situational evaluation or situational analysis. additional acronyms using identical additives encompass TOWS and WOTS-UP.
This technique is designed to be used in the initial ranges of selection-making methods and can be used as a tool for assessment of the strategic position of agencies of many sorts (for-profit enterprises, nearby and countrywide governments, NGOs, and so on.). it's far meant to pick out the inner and external factors that are favorable and unfavorable to reaching the targets of the project or challenge.
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constraints are characteristics of the organization and external environment limiting what a manager can do.
The statement is True. It is true that constraints are characteristics of the organization and external environment limiting what a manager can do.
Constraints are factors that limit a leader's ability to make decisions and act. Restrictions can be internal or external to the company. Internal constraints are those that originate within the organization, such as budget constraints, limited human resources, and organizational rules.
External constraints are those that come from outside the organization, such as laws, regulations, customer requirements, or competitors. In either case, these limitations affect decisions and the actions that the manager can take that should be considered when making the decision.
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true or false ASC 740 applies to accounting for state and local and international income taxes as well as federal income taxes
True. ASC 740 applies to account for state and local and international income taxes as well as federal income taxes.
ASC 740 is a financial accounting standard that provides guidance for the recognition, measurement, presentation, disclosure, and presentation of income taxes in the financial statements of an entity.
This standard applies to accounting for state and local, as well as international income taxes in addition to federal income taxes.
ASC 740 outlines the rules and guidance related to the accounting for deferred taxes, uncertain tax positions, and other related matters.
Adhering to these standards ensures that companies are accurately reporting their income taxes in their financial statements.
It also provides a framework for consistent and reliable reporting of income taxes, which is essential for the accuracy and transparency of financial statements.
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the chart above supports which of the following conclusions regarding economic conditions in the united states during the last third of the nineteenth century?
The graph's findings suggest that many American farmers experienced financial hardship.
Basically, the conclusion asks us to take the following actions: Describe the core topic of the paper and the motivation behind the lengthy initial draught. List all of the important arguments you make to support your thesis statement in the paper's body. In the first sentence of your conclusion paragraph, reiterate your thesis. A repeating thesis conveys the same idea through a variety of terms. Remember that the meaning of your thesis should not change.
The conclusion is usually the last paragraph of an academic essay. The conclusion should briefly summarise the main ideas and restate your response to the question. It doesn't include any unique ideas or knowledge.
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identify the difference(s) between a b corporation and a benefit corporation. (check all that apply.)
The difference(s) between a B corporation and a benefit corporation are:
B corporations must achieve a minimum performance score to retain their status, but benefit corporations self-report their progress.B corporations are certified entities, but benefit corporations are incorporated.What are the main difference between B corporation and a benefit corporation?B Corporation and Benefit Corporation are both forms of businesses that prioritize social and environmental impact, in addition to profit. However, there are some key differences between the two:
Definition: B Corporations are certified by the non-profit B Lab, and must meet certain standards of social and environmental performance, accountability, and transparency. Benefit Corporations, on the other hand, are a legal structure recognized by some US states, which allows companies to pursue a triple bottom line of social, environmental, and financial impact.Purpose: B Corporations are focused on using business as a force for good and improving their overall impact. Benefit Corporations are focused on balancing the interests of stakeholders, including shareholders, employees, communities, and the environment.Read more about corporation
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As an encoder, you have access on the personal information of the employees stored in the computer. One of the customers asks for the address and family background of a certain employee. Are you allowed to do so? Why?
Answer: no
Explanation: in every organisation, there is rules that should be obeyed by the employee. and obviously, one must not give out any personal information whether it's about their employee or customer
When Harley-Davidson advertises to reinforce the perception that the brand is masculine, rugged, and individualistic, it is building brand ______.
When Harley-Davidson advertises to reinforce the perception that the brand is masculine, rugged, and individualistic, it is building brand identity.
Harley-Davidson has built a powerful brand identity by reinforcing its perception as a masculine, rugged, and individualistic brand. Through its advertising, the company seeks to maintain its iconic status in the minds of its consumers, driving an emotional connection to the Harley-Davidson lifestyle.
With an emphasis on themes such as independence and freedom, Harley-Davidson continues to position itself as a lifestyle brand and as an integral part of American culture. With this, the company seeks to further solidify its brand identity and establish itself as the go-to for motorcycles for generations to come.
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refers to the perceived benefits, both monetary and nonmonetary, that customers receive from a product compared to the cost associated with obtaining that product. (enter one word in the blank.)
Customer value is the term used to describe the perceived financial and nonfinancial benefits that customers obtain from a product.
Customer value assesses the worth of a good or service and compares it to other alternatives. By doing so, it can be determined whether the customer thought the good or service was worthwhile. Buyer's regret can be clarified using customer value. If consumers think an item's overall cost is more than its benefits, they will regret their purchase. especially if a competitor is offering a better value for a comparable commodity or service than you are. The greatest approach to define customer value is how much a product or service is worth to a customer. Here are several methods through which companies can provide value to improve customer happiness.
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whether by offering the possibility of repeat business, suppliers and buyers can avoid opportunism problems that incur transaction costs.
Suppliers and buyers can prevent the opportunism-related issues that lead to transaction costs by providing the chance for repeat business.
What exactly is a transaction cost?
Expenses incurred during market exchange are referred to as transaction costs. These expenses include the pricing research expenditures as well as the costs associated with creating and upholding contracts. Labor, travel expenses, broker fees, bank fees, commissions, etc. are a few examples of typical transaction costs.
What is another name for transaction cost?
Costs we incur when we conduct economic transactions, such as the purchase of products and services, are referred to as transaction costs in economics and business. the social cost theory, which is a subset of the transaction cost economics theory.
There are three categories of accounting transactions that are based on the exchange of money: cash transactions, non-cash transactions, and credit transactions.
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A manufacturing firm has discontinued production of a certain unprofitable product
line. This created considerable excess production capacity. Management is considering to
devote this excess capacity to one or more of three product 1,2 and 3. The available capacity
on the machines which might limit output are given below:
Machine type Available time
(in machine hours per week)
Milling
machine
250
Lathe 150
Grinder 50
The number of machine hours required for each units of the respective product is given
below;
Machine type Productivity (in machine hours/unit)
Product 1 Product 2 Product 3
Milling 8 2 3
Lathe 4 3 0
Grinder 2 0 1
The unit profit would be 20 birr, 6 birr and 8 birr for products 1,2 and 3. Find how much of
each product the firm should produce in order to maximise profit ? Solve the problem by
simplex method.
By simplex method the equations are in Milling machine = 8x + 2y + 3z ≤ 250, In lathe machine = 4x + 3y ≤ 150, in Grinder machine = 2x + 1z ≤ 50.
What do you mean by Simplex method?The simplex technique is an iterative process that involves moving from one potential corner point to another until the best possible location is found. The simplex method is also known as the linear programming model.
Here,
By solving using simplex method:
Let x = the number of items produced of product 1 in a week.
Let y = the number of items produced of product 2 in a week.
Let z = the number of items produced of product 3 in a week.
Constraints are as follows:-
Since, sales potential for products 1 and 2 exceeds maximum production rate so,
x ≥ 0 ... ( 1 )
y ≥ 0 ..... (2)
Since, sales potential for products 3 is 20 units per week so, z ≤ 20 ... (3).
Therefore, by simplex method the equations are:
Milling machine = 8x + 2y + 3z ≤ 250
lathe machine = 4x + 3y ≤ 150
Grinder machine = 2x + 1z ≤ 50.
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how can ethics- based concepts such as truthfulness and fairness be integrated into the fabric of the organization
Ethics-based concepts such as truthfulness and fairness can be integrated into the fabric of the organization by creating a culture of trust and respect.
What is Ethics-based concepts?By developing a culture of trust and respect, ethics-based ideas like honesty and fairness may be woven into the structure of the company. This can be accomplished by outlining clear expectations for staff members, offering instruction in moral decision-making, and promoting open dialogue.
Organizations can also develop procedures and regulations that support moral conduct, such as anti-discrimination and whistleblower protection laws. Finally, corporations can promote ethical behavior and penalize unethical behavior, for example, by offering rewards to workers who behave ethically.
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The trial balance is an internal report used to determine whether total debits _____ total credits.
The trial balance is an internal report used to determine whether total debits Equal total credits.
Tribulation stability is a list of all the general ledger accounts contained within the ledger of a commercial enterprise. This listing will include the call of every nominal ledger account and the fee of that nominal ledger stability. each nominal ledger account will hold either debit stability or credit stability.
An ordeal balance is a list of credit score entries and debit entries that groups use to internally audit their double-access accounting systems. The aim is to affirm that the sum of all debits equals the sum of all credits and pick out whether any entries have been recorded inside the incorrect account. Trial balance is a worksheet in bookkeeping that includes ledger stability compiled in sections of debit and credit. This worksheet is used for creating the balance sheet. The practice of trial stability is to make certain mathematical correctness of the transactions recorded.
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America is the land of opportunity. The reason the United States is considered the land of opportunity is because anyone may start a business and make it grow. The founders of Broad Reach Sails made the decision to start their small business for several reasons. They had the experience needed to become successful.
Entrepreneurship is the process of starting a business. Beginning a small business is filled with considerable risks. Even though a certain level of risk is involved, the rewards can be great. Being your own boss, having your independence, and keeping the business profits are all advantages of starting a business. However, there are disadvantages of starting a small business as well. Small business are a critical factor to the united states economy as they create more jobs than any other business formation.
Todd Williamson and Jim Miranda started their business, Broad Reach Sailing, as a way to earn a living doing something they love. Which of the following is not a reason why entrepreneurs like Todd and Jim are willing to take the risk of starting and running a new business?
1. Opportunity for success
2. profit
3. more leisure time
4. challenge
5.independence.
More leisure time of the following is not a reason why entrepreneurs like Todd and Jim are willing to take the risk of starting and running a new business. Thus, option (c) is correct.
What is entrepreneurs?The term entrepreneur refers to the person who launched a new business with own risk and profit basis. The setup of new business with new idea and logic is called entrepreneurship. The entrepreneur is the main motive to set up business to generate employment.
According to the case study the Todd Williamson and Jim Miranda started their business. It was the more leisure time is not the reason of the risk of start and operating a new business.
As a result, the significance of the entrepreneurs are the aforementioned. Therefore, option (c) is correct.
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Which of the following concepts of cash is not appropriate to use in preparing the statement of cash flows?a. Cash and cash equivalentsb. Cash and money market fundsc. Cash and U.S. treasury bondsd. Cash
The answer is c. Cash and U.S. treasury bonds, it is one concept of cash is not appropriate to use in preparing the statement of cash flows.
What do economic bonds mean?When they need to raise money, governments and businesses issue bonds. By purchasing a bond, you are effectively lending the issuer money. In exchange, they commit to repay you the face amount of the loan on a particular date and to make periodic interest payments—typically twice a year—along the way.
Examples of bonds would be helpful.A bond is a debt that is issued by a borrower to raise money, such as a firm or the federal government. Because it pays its owner a fixed sum on a regular basis for a fixed duration, a bond is referred to as a fixed-income security.
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