Acquisition of an existing business is one of the quick start
methods in Entrepreneurship. Discuss at least three types of
business acquisitions?

Answer:

Part 1

a

Debit : Suspense Account  ₹575

Credit : Expenses ₹575

Reducing the Debit of the Expenses Account by  ₹575

b

Debit : Drawings  ₹1,050

Credit : Electricity expenses ₹1,050

Drawings treated as Electricity expenses now corrected

c

Debit : Suspense Account  ₹ 300

Credit :  Account Receivable - Verma  ₹  300

Sales returns posted on wrong side of Verna`s Account now corrected

Part 2

Suspense Account

Debit :

Difference on Trial Balance                         ₹ 875

Expenses                                                        ₹575

Account Receivable - Verma                      ₹  300

Totals                                                           ₹ 1,750

Credit :

Profit and Loss                                            ₹ 1,750

Totals                                                           ₹ 1,750

Explanation:

Only errors that  affect trial balance totals to not agree will require correction through suspense account.

That said, the errors that do not affect trial balance totals such as Error of Principle, Error of Original Entry do not require to be corrected through the Suspense Account.

The difference in the Suspense Account usually cost more effort to continue to check the records than it is worth it for the firm, hence it is written off to profit and loss account

Answer:

$60,030.54

Explanation:

In a condition where Tammy has to increase the prices for her painting classes, the supply curve will show a shift to the left because the input costs also saw a rise. Therefore, the option A holds true.

Input costs can be referred to or considered as costs that are associated with the production of goods or services for a firm in the economy. A business can not grow or sustain without incurring input costs. When input costs for a firm increase, the supply curve of an economy shifts to the left.

In the above condition, when prices of paint increase, it also leads to an increase in the input costs for Tammy, and as a result of the same, the supply curve shows a shift towards the left.

Therefore, the option A holds true and states regarding the significance of input costs of British Brushes.

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If you are unable to return to work and your condition has not improved, then you will continue to receive Social Security Disability payments and will be up for review again in another 2 to 5 years.

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Answer: Common disaster clause

Explanation:

Based in the information given in the question, the policy provision that will protect the rights of the contingent beneficiary to receive the policy benefits is the common disaster clause.

According to the common disaster clause, the primary beneficiary must survive the insured usually by a period of 30-90 days and if this doesn't happen, the benefit will be paid automatically to the secondary beneficiary.

The common disaster clause simply explains that even though there's an accident which leads to the death of the insured and the beneficiary, it'll be possible to determine that it was the beneficiary whom died last and the benefit will be given to the person accordingly.

Answer:

c

Explanation:

Answer:

A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold. Capital markets channel the wealth of savers to those who can put it to long-term productive use, such as companies or governments making long-term investments.

Inventories are a collection of something involving physical items or data that is used in a business process.

These inventories play a crucial role in various business activities, including manufacturing, distribution, and retail operations. Inventories are typically classified into three main categories: raw materials, work-in-progress, and finished goods. Raw materials are the unprocessed elements required to produce a product or service, such as raw metal, wood, or textiles. Work-in-progress inventories consist of partially completed products that are still undergoing the production process. Finished goods are the final products that are ready for sale to customers.

Effective inventory management is essential for businesses to optimize production, minimize costs, and meet customer demands. This process involves tracking and controlling the levels of raw materials, work-in-progress, and finished goods to ensure that adequate stocks are available when needed. Businesses use various inventory management techniques, such as just-in-time (JIT) and economic order quantity (EOQ), to streamline their operations and prevent stockouts or overstock situations. Inventories also serve as a source of data for businesses to analyze their performance and make informed decisions.

By monitoring inventory levels, companies can identify trends, forecast future demands, and make strategic adjustments to their production and distribution processes. In summary, inventories are an essential aspect of business operations, encompassing the physical items and data necessary for production, distribution, and retail activities. Proper inventory management enables businesses to optimize their processes, minimize costs, and meet customer expectations while utilizing data to drive strategic decision-making.

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Sodium =27.05

Nitrogen=16.47

Oxygen=56.46

The cpi is a measure of the overall cost of the goods and services bought by a typical consumer.

The consumer price index is a measure of inflation. It measure the price changes of a basket of goods bought by consumers.

CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100

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Answer:

land?

Explanation:

Answer:

Land

Explanation:

Matching the  steps and techniques involved in the production process with their definitions is as follows:

Planning             Creating the best route for a process to follow.

Scheduling         Allocating time for each step of the process.

Gantt chart         Documenting the time required for each task.

The production process involves the combination of economic resources (raw materials, labor, capital, and entrepreneurship) to produce goods and services.

The production process also involves the marketing and distribution of manufactured goods to consumers.

Thus, planning creates the best production processes, scheduling allocates time and other resources to the processes, while a Gantt Chart is used to document the time for each task.

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In order to determine the cost behavior of the three costs, we need to calculate the cost per unit and analyze how the costs behave (fixed, variable, or mixed).

Calculate the cost per unit for each of the three costs using the provided cost information for three months. Once we have the cost per unit, we can analyze how the costs behave. Fixed Costs: If the cost per unit remains constant regardless of the volume of production or sales, then it is a fixed cost. In other words, fixed costs do not change with the level of activity.

Variable Costs: If the cost per unit varies in direct proportion to the volume of production or sales, then it is a variable cost. Variable costs increase or decrease as the level of activity changes. Mixed Costs: Mixed costs have both fixed and variable components. To identify mixed costs, we can compare the cost per unit at different levels of activity. If the cost per unit remains constant within a relevant range of activity but changes outside that range, then it is a mixed cost.

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Explanation:

● Steps on how to create your own app

First you have to know coding and programing...

Answer:In return for giving up management power, limited partners get the benefit of protection from personal liability. This means that a limited partner can't be forced to pay off business debts or claims with personal assets. A limited partner, however, can lose his or her financial investment in the business.

Explanation:

Answer: yes

Explanation:

Converting each to pounds it equals 13.3 pounds

Miranda needs to build new shelves in her pantry to store all these items. Yes, the new shelves be able to support her current supply of powder goods.

The following are included in a supply of goods: the agreement-based transfer of property rights over things. the commission-based sale of moving items by an agent or auctioneer.

They must be carrying out an action in their own name under another person's orders. delivery of items under a hire-purchase agreement.

Demand and supply have a strong relationship that influences market equilibrium, which determines the amount of items available on the market and their selling prices.

Here,

Converting each to pounds it equals to 13.3

pounds

Standard                                     1 pound (lb) = 16 ounces (oz)

Metric                                          1 kilogram (kg) = 1000 grams (g)

Metric to standard                      1 kilogram = 2.20 pounds

Standard to metric                     1 pound = 0.45 kilograms

Therefore, Miranda needs to build new shelves in her pantry to store all these items. Yes, the new shelves be able to support her current supply of powder goods.

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Complete question is attached with the image.

Ann will earn more at Sentor Inc. as she will earn $1955 more.

Based on the information given in the question, the earnings from the companies will be:

Boden Tools:

= $800 + (3% × $87000) + (3% × $87000)

= $800 + $2610 + $2610

= $6020

Sentor Inc.

= (2.5% × $45000) + (4.5% × $20000) + (7% × $85000)

= $1125 + $900 + $5950

= $7975

Difference in earnings = $7975 - $6020 =  $1955

Therefore, based on the calculation above, she'll earn more at Sentor Inc. She will earn $1955 more.

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To price discriminate, the monopolist will charge each group a different price based on their willingness to pay. The monopolist will charge a higher price to the group with a higher willingness to pay, which is the senior group in this case.

To find the price charged to senior customers, we need to first find the quantity demanded by each group at the profit-maximizing price. The monopolist will set the price for each group where their marginal revenue equals their marginal cost.

For senior customers:
Marginal revenue = P + Qs/ dQs
= 50 - 2Qs

Setting this equal to the marginal cost of $10:
50 - 2Qs = 10
2Qs = 40
Qs = 20

So, at the profit-maximizing price, the senior group will demand 20 units.

For young customers:
Marginal revenue = P + Qy/ dQy
= 40 - 2Qy

Setting this equal to the marginal cost of $10:
40 - 2Qy = 10
2Qy = 30
Qy = 15

So, at the profit-maximizing price, the young group will demand 15 units.

To maximize profits, the monopolist will charge each group a price equal to their marginal revenue at their respective quantities demanded.

For senior customers:
P = 50 - Qs
P = 50 - 20
P = $30

So, the senior group will be charged $30 per unit.

Therefore, the answer is Py = $30.

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Answer and Explanation:

The computation is shown below:

The thirty seconds in the case of quoting the price of the bond in the jargon is 1 ÷ 32

1. The 54 ÷ 32 be converted to a mixed number i.e.

= 32 × 1 + 22

= 54

The above represents the dividend

Here the quotient should be remaining left on the top and the divisor should be at the bottom

So it would be 1 22 ÷ 32

2. The product of one and four thirty second and twenty seconds is

= (1 + 4 ÷ 32) × (20 ÷ 32)

= (36 ÷ 32) × (20 ÷ 32)

= 45 ÷ 64

3. One and eight thirty seconds divided by twelve thirty seconds, So

= (1 +8 ÷ 32) ÷ (12 ÷ 32)

= (40 ÷ 32) ÷ (12 ÷ 32)

= 10 ÷ 3

= 3 1 ÷ 3

4. Now treasury bond converted into decimal would be

= 98 + 6 ÷ 32

= 98.1875

= 98.19

5. The percentage increase is

= 55 ÷ 1,100 × 100

= 5%

An active primary market for the creation of new securities and the presence of plenty of buyers and sellers are all most indicative of a competitive marketplace. Thus, option C is correct.

Markets are places where individuals, businesses, and industries transact, whether it be for the purpose of purchasing, producing, or providing services. they use it n order earning profits.

As there are various suppliers in the market, there is a face lot of people have various options from which the person could buy.

Customer competition is fueled by a competitive market. This implies that consumers struggle among others to purchase a commodity, particularly when inventory is low. Therefore, option C is the correct option.

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Answer:

Consider which items are meant for debit and credit.

Explanation:

The principle of double entry States that for every debit entries, there must be a corresponding credit entries and vice versa. This principle follow suits when preparing ledger accounts and trial balance.

Trial balance is the arithmetrical accuracy of the ledger. Once double entry principle is adhered to, the trial balance must definitely balance.

Where there are differences, check that items which ought to be debited and credited are correctly done. Also check if correct amount is posted like avoiding transposition error.

Answer: Your answer is insert,

Explanation: If you click design, only thing you're able to do is change the font and appearance of your letters, it's basically like   an advanced format setting for text to speech.

Yes, the process of obtaining product ideas, funding, and other contributions online from large numbers of people is commonly referred to as crowdsourcing.

Crowdsourcing involves soliciting ideas, contributions, or services from a large group of people, usually through an online platform, and then using the collective input to make decisions or solve problems. Crowdsourcing can be used for a variety of purposes, including product development, market research, fundraising, and creative projects.

It has become increasingly popular in recent years as a way for businesses, organizations, and individuals to tap into the collective knowledge and resources of a large group of people. Crowdsourcing is a process of obtaining ideas, services, or content from a large group of people, usually through an online platform. It allows individuals or organizations to tap into the collective knowledge and resources of a large group of people, often for a specific task or project.

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It should be noted that in the environment industry organization model, cell 2 simply means B. Complex stable environment.

The business or industry environment simply means the environment where an organization operates. It includes the customers, partners, suppliers, etc.

In the environment industry organization model, cell 2 simply means the complex stable environment.

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Answer:

D. The supply of a product increases as its price increases

Explanation:

Supply is the volume of a product or a service that sellers are willing to sell in the market at a stated price.  The law of supply explains the relationship between price and the quantity suppliers are willing to sell.

The law asserts that as the price increases, suppliers will supply more quantities of a product. A price decrease will cause suppliers to supply a lower quantity.  Suppliers are profits motivated. A price increase results in higher profits hence more supply.

Answer:

Critical Thinking,Mathematics, and Operation and Control.

Explanation:

Answer:

Advantage: Absence of Red Tape.

Advantage: Freedom to Innovate.

Advantage: Customers Drive Choices.

Disadvantage: Limited Product Ranges.

Disadvantage: Dangers of Profit Motive.

Disadvantage: Market Failures

Explanation:

hope it helped some :)

it is an accounting term that helps business proprietors and executives song product profitability. The contribution margin is vital to apprehend as it suggests how a lot of a product's revenue is available to cowl fixed fees and make a contribution to the company's income.

Formulae: Contribution = general income much less total variable expenses. Contribution consistent with unit = promoting fee according to unit less variable charges in keeping with unit. the total contribution also can be calculated as a Contribution in line with unit x wide variety of devices sold.

The value of materials or product acquisitions is a number of the key variable product costs taken into consideration in the contribution margin. in case your raw materials prices grow as a manufacturer, your contribution margin diminishes due to a higher cost basis.

The Contribution margin consistent with the unit is the selling rate of 1 unit of goods minus the variable charges of making that unit. The contribution margin in keeping with the unit is the quantity of cash each sale contributes closer to paying fixed expenses. once the constant charges are paid, it's going to suggest how tons profit is earned in line with units bought.

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There are generally two types of student loans: federal student loans and private student loans. The federal student loan is given below.

Education loans are intended to pay for living expenses while the borrower is pursuing a degree, as well as tuition, books, and supplies.

As there is no cap on the largest debt that may be approved under the student loan program. The maximum amount for NRI students is Rs. 20 lakhs, and for elite institutions, Rs. 30 lakhs.

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Here, option (c) Robot-assisted camera assembly reduces the size of product assembly teams from 4 members to 3 members is not an advantage or disadvantage of shifting to robotics-assisted camera assembly methods. Robotics-assisted camera assembly methods have revolutionized the manufacturing industry.

Robotic systems can perform a range of operations and eliminate human errors and injuries. This results in increased accuracy, speed, and efficiency. There are advantages and disadvantages of shifting to robotics-assisted camera assembly methods. In this context, the advantage and disadvantage of the said process have been discussed below:

Advantages of robotics-assisted camera assembly methods:Robot-assisted camera assembly reduces total annual compensation costs per PAT (Photographic Assistant) and also reduces the overtime cost of assembling a camera.Robot-assisted camera assembly enables the organization to produce a more precise and repeatable outcome compared to the human workforce.It allows the company to enhance quality control processes by ensuring that all products are produced under the same conditions and to the same standards.Robot-assisted camera assembly helps in improving the flexibility of the manufacturing process. This provides a company the ability to switch between products easily.

Disadvantages of robotics-assisted camera assembly methods:Robot-assisted camera assembly reduces the size of product assembly teams from 4 members to 3 members. However, this leads to layoffs and a reduction in human resources.Robot-assisted camera assembly methods are highly technical, and, as such, employees require advanced training, which is costly.There is a risk of technological breakdown. This can cause a complete shutdown of the assembly line until repairs are completed.Robotic systems cannot replace the role of creative design, ideation, and decision-making, which require human input and intervention.

Thus, it can cause the organization to lose its identity and ability to produce innovative products. Therefore, option (c) Robot-assisted camera assembly reduces the size of product assembly teams from 4 members to 3 members is not an advantage or disadvantage of shifting to robotics-assisted camera assembly methods.

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