The members of an LLC have considerable flexibility in managing and operating the business. One of how in which an LLC can be managed is through A. partner management and B. member management
This means that each member of the LLC has an equal say in the decision-making process, and each member is responsible for managing the business. This type of management is often found in smaller LLCs where there are only a few members involved.
Another way in which an LLC can be managed is through member management. This means that the members of the LLC elect a group of managers to run the business on their behalf. These managers are responsible for making the day-to-day decisions of the business and ensuring that it operates smoothly. This type of management is often found in larger LLCs where there are more members involved, and where it may be difficult for each member to be involved in the day-to-day management of the business.
In summary, the members of an LLC have considerable flexibility in managing and operating the business, with partner management and member management being the two most common ways in which an LLC can be managed. Therefore the correct option is A and B
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the members of an llc have considerable flexibility in managing and operating the business. how may the llc manage the firm? choose two answers.
A. partner managed
B. member managed
C. corporate management
D. manager managed
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Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three dimensional. How is he MOST LIKELY to add this foreground? A. B. C. D. He might change his position to include some foreground items such as rocks or grasses. He might tilt his camera up to better capture the tops of the hills. He might add some framing trees in the middleground of his image. He might circle around to the side of the hills to capture the cows standing on top. PLS HELP!!
Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. He is most likely to add this foreground Option A. He might change his position to include some foreground items such as rocks or grasses.
The foreground of an image is usually the element that is closest to the viewer. The foreground is often used to add depth to an image. If a photographer wants to create a 3D appearance in his image, he must ensure that the image has a foreground, mid-ground, and background. It is possible to include a foreground in a photo by modifying the angle of the shot and including elements in the foreground.
Emilio might change his position to include some foreground items such as rocks or grasses. By doing so, he will be adding depth to his image. Another way to add foreground to an image is to use framing trees in the middle ground of the image, but this may not provide the depth required. Tilt his camera up to better capture the tops of the hills or circling around to the side of the hills to capture the cows standing on top are not recommended, as the question seeks to add a foreground.
Therefore, Emilio is most likely to add the foreground by changing his position to include some foreground items such as rocks or grasses. Therefore, the correct option is A.
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Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. How is he MOST LIKELY to add this foreground?
A. He might change his position to include some foreground items such as rocks or grasses.
B. He might tilt his camera up to better capture the tops of the hills.
C. He might add some framing trees in the middle ground of his image.
D. He might circle around to the side of the hills to capture the cows standing on top.
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differentiate moist heat method from dry heat method
Moist heat and dry heat are two methods of sterilization that are used to kill microorganisms.
The main differences between the two methods are as follows:
Temperature: Moist heat sterilization requires a higher temperature than dry heat sterilization. Moist heat sterilization is typically performed at temperatures between 121°C and 134°C (250°F to 275°F), while dry heat sterilization is typically performed at temperatures between 120°C and 140°C (250°F to 284°F).
Method: Moist heat sterilization involves using steam to sterilize instruments and other materials, while dry heat sterilization involves using heat in the form of hot air to sterilize items.
Time: Moist heat sterilization typically requires a shorter time than dry heat sterilization. Moist heat sterilization can be completed in as little as 30 minutes, while dry heat sterilization can take several hours.
Effectiveness: Both moist heat and dry heat sterilization are effective at killing microorganisms, but moist heat sterilization is generally considered to be more effective at killing spores and other heat-resistant organisms.
Overall, the choice between moist heat and dry heat sterilization will depend on the specific needs of the materials being sterilized and the equipment available.
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What best describes the main purpose of a budget
Explanation:
A budget helps create financial stability. By tracking expenses and following a plan, a budget makes it easier to pay bills on time, build an emergency fund, and save for major expenses such as a car or home. Overall, a budget puts a person on stronger financial footing for both the day-to-day and the long term.
The production cost in GHC per week of producing x computers is given by
\(c(x) = 4000 - 32x + 0. 08 {x}^{2} + 0. 00006 {x}^{3} \)
and the demand function for the computers is given by
\(p(x) = 250 + 0. 02x - 0. 001 {x}^{2} \)
What is marginal cost, marginal product, and marginal revenue. When
\(x = 200 \)
and
\(x = 400\)
what does theses numbers tells you about marginal cost, marginal product and marginal revenue
When x = 200 and x = 400, you can calculate the values of marginal cost, marginal product, and marginal revenue at these specific production levels. These numbers will provide insights into the changes in cost, production, and revenue associated with increasing the quantity produced from 200 to 400 units.
Marginal cost represents the additional cost incurred by producing one more unit of output. It is calculated as the derivative of the cost function with respect to the quantity produced (x). In this case, the marginal cost can be obtained by taking the derivative of the cost function c(x).
Marginal product refers to the additional output produced by employing one more unit of input. It is calculated as the derivative of the production function with respect to the quantity produced (x).
However, the given problem does not provide a production function explicitly, so it is not possible to determine the marginal product.Marginal revenue represents the additional revenue generated by selling one more unit of output.
It is calculated as the derivative of the revenue function with respect to the quantity sold (x). In this case, the revenue function can be obtained by multiplying the price function p(x) by the quantity produced (x).
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SHOPPING FOR CREDIT
Credit card costs and features can vary greatly. This exercise will give you a chance to shop for and compare the costs and features of three credit cards.
Directions
Using the attached form, research the costs and features of:
■ Two major credit cards; and
■ One credit card from a department store.
When you’re done, answer the following questions.
1. What did you find?
2. Which credit card has the highest annual percentage rate and how much is it?
3. What method is used to calculate the monthly finance charge for the first major credit card?
4. When does the finance charge begin to accrue on the credit card from the local department store?
5. Do any of the cards have annual fees? If so, which one(s) and how much is the fee?
6. Is there a transaction fee on any card? If so, how much is it?
7. Is there a minimum finance charge on either of the major credit cards? If so, how much is it?
8. Does the first major credit card charge a fee for late payments? If so, how much is it?
9. What is the grace period on the credit card from the local department store?
Rafael wants to buy a new CD player that costs $450. According to his budget, he can afford payments up to $62.00 per month. Which of the three credit cards you’ve found would you recommend that Rafael use to purchase the CD player?
Why?
Use the following form to compare two or more credit cards:
card one
card two
Type of account:
Credit card
Charge card
Company name, address, phone
Website
Locations where the card is accepted
Annual fee (if any)
Grace period
Annual Percentage Rate (APR)
Finance charge calculation method
Credit limit
Minimum payment
Other fees: Late payment
Other features
Credit cards can come with a variety of costs and features, which can make it challenging to choose the best one. When comparing credit cards, it is essential to pay attention to the annual percentage rate (APR), which is the interest rate charged on outstanding balances. It is also important to look at any fees associated with the card, such as annual fees, transaction fees, and late payment fees.
After researching two major credit cards and one credit card from a department store, it is clear that there are significant differences in costs and features. One major credit card has an APR of 24%, while the other has an APR of 16%. The department store credit card has an APR of 28.99%. The first major credit card calculates the monthly finance charge using the average daily balance method. The finance charge on the department store credit card begins to accrue immediately upon purchase.
Of the three cards, only one has an annual fee, which is $99 for the department store credit card. There is a transaction fee of 3% on one of the major credit cards. One of the major credit cards has a minimum finance charge of $1.50. The first major credit card charges a late payment fee of $39.
The department store credit card offers a grace period of 25 days. Given Rafael's budget, the best option for him would be to use the major credit card with the lower APR and no annual fee. This will allow him to make payments within his budget while minimizing the total interest paid. Overall, when shopping for credit, it is crucial to compare costs and features carefully to find the best card for your needs.
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the process of making capital expenditure decisions in business is known as a.capital analysis. b.capital spending. c.capital budgeting. d.incremental analysis.
The process of making capital expenditure decisions in busines is known as capital budgeting.
budgeting involves evaluating and selecting investment opportunities that involve significant cash outflows and have long-term implications for the company's financial position.
Capital budgeting involves analyzing potential projects or investments, estimating their costs and potential returns, and determining their viability and alignment with the company's strategic objectives. It typically includes techniques such as net present value (NPV), internal rate of return (IRR), payback period, and profitability index to assess the financial feasibility and value of the investment.
The goal of capital budgeting is to allocate resources effectively and efficiently to projects that are expected to generate positive returns and add value to the company over the long term. It is an important decision-making process for business to ensure optimal utilization of capital and maximize shareholder wealth.
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how many plastic rings must precision sell to recoup its investment? (you can assume that the administrative overhead is entirely fixed.
To calculate the number of plastic rings that Precision needs to sell in order to recoup its investment, we would need to know the following information.
1. The amount of the initial investment
2. The cost of producing each plastic ring
3. The selling price of each plastic ring
With these three pieces of information, we can calculate the number of plastic rings needed to sell by using the following formula:
Number of plastic rings = Investment / (Selling price - Cost of production)
If the company does not sell the equivalent of the BEQ as a result of the investment, then it is going to lose money and it would not recoup its costs. If the company sells more than the BEQ then it not only has made its money back but is making additional profit as well.
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Which of the following is part of the cost of goods or services sold for a company that paints people's homes?
A. Paint
B. Flyers to promote the company
C. A van to travel to people's homes
D. Fuel for the van
Answer:
A. Paint
Explanation:
Paint is a part of the cost of goods or services sold for a company that paints people's homes. Thus, the correct option is A). Paint.
What is the cost of goods sold?COGS stands for the Cost of Goods Sold. Cost of goods sold refers to the direct costs of producing the goods sold by a company. It is the total amount or cost that is incurred in the production of the goods. The sum of amount that a business paid as a cost directly related to the sale of products, is known as COGS.
Cost of goods sold is the total carrying value of goods sold during a particular period. This amount mainly includes the cost of the material, labor, machinery etc. that are directly used to create the good. It also includes the indirect cost such as marketing cost, distribution cost, sales cost etc.
Basically, cost of goods sold can be calculated by the given formula i.e. COGS = the starting inventory + purchases – ending inventory.
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Which of the following methods is designed to determine the demographics of a particular target market?
Primary market research
Secondary market research
Diversity marketing
Differentiated marketing
Answer:
B. Secondary market research
Explanation:
Market research can be defined as a strategic technique which typically involves the process of identifying, acquiring and analyzing informations about a business. It involves the use of product test, surveys, questionnaire, focus groups, interviews, etc.
Secondary market research can be defined as a method designed to determine the demographics of a particular target market.
The situation analysis section of a traditional top-down marketing plan includes information about the _____.
It should be noted that the situation analysis section of a traditional top-down marketing plan contains the marketing objectives.
What is situation analysis?It should be noted that situation analysis means the methods that can be used to analyze the internal and external environment of an organization.
The situation analysis section of a traditional top-down marketing plan contains the marketing objectives.
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does unemployment affect demand?
Yes it does. Unemployment is when a person isn't currently hired at a work pleace. If people are unemployed they are making no income so less people are in need of products so it lowers the demand.
Comparision between wealth and welfare.
Answer:
Comparison between Wealth and Welfare
Explanation:
Welfare is the well-being or satisfaction enjoyed by the society which is actually determined to a great extent by the wealth of the nation. Wealth generally hikes up our level of welfare although both of them are two completely different concepts.
Which one of the following statements is correct concerning acquisition considerations? A) The value of a target firm should be calculated ignoring the market valuation. B) The acquisition analysis sh
b. The correct statement concerning acquisition considerations is B) The acquisition analysis should consider the existing cash flow of the target firm and the market valuation.
b, When evaluating an acquisition, it is important to consider both the intrinsic value of the target firm and the market valuation. The intrinsic value represents the true value of the target firm based on its assets, cash flows, and potential for growth. This value is typically calculated using financial valuation methods such as discounted cash flow (DCF) analysis.
On the other hand, the market valuation reflects the perception of the target firm's value by market participants, including investors and competitors. It takes into account factors such as market demand, industry trends, and market sentiment. Market valuation is often reflected in the target firm's stock price or market capitalization.
Both the intrinsic value and market valuation provide valuable insights for the acquisition analysis. Ignoring the market valuation could lead to overlooking important market dynamics and investor sentiment. By considering both aspects, acquirers can make more informed decisions and assess whether the target firm's intrinsic value aligns with the market's perception of its worth.
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Select the correct answer. What is a SWoT analysis?
A. marketing strategy
B. a market research strategy
C. a strategy to spot opportunities D. a strategy to allocate resources E. astrategy to understand resource allocation
Answer:
B
Explanation:
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. SWOT analysis (or SWOT matrix) is a strategic planning technique used to help a person or organization identify strengths, weaknesses, opportunities, and threats related to business competition or project planning.
Answer:
I think its C.
Explanation:
I'm trying to find the answer, too, but I know it's not B because I got it wrong before. D and E don't match SWOT at all, so those are out. It's either A or C. C seems the better bet though, as what I've learned from the internet, it helps in deciding a market research strategy, not being one itself.
So C is the right answer from using the process of elimination.
B. Industria and Extractive Occupation can be grouped into Extractive, direct and indirect C Construction, Manufacturing D. Manufacturing, Commercial and direct
Industrial and Extractive Occupation can be grouped into option A. Extractive, direct, and indirect.
What is the Occupation about?Businesses and extractive occupations include the extraction of crude materials from nature. This incorporates businesses such as mining, oil and gas extraction, logging, as well as angling.
These businesses extract assets from the environment and get ready them for assist handling or utilize in fabricating and other businesses. They are fundamental for giving the crude materials that back numerous other businesses and financial exercises.
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how long does it take for tax refund to show in bank account after approved
Answer:
Assuming no issues, IRS issues tax refunds in less than 21 calendar days after IRS receives the tax return. IRS has an on-line tool, "Where's My Tax Refund", at www.irs.gov that will provide the status of a tax refund using the taxpayer's SSN, filing status, and refund amount.
Explanation:
What is a stock symbol?
Answer:
A stock symbol is an arrangement of characters—usually letters—representing publicly-traded securities on an exchange. When a company issues securities to the public marketplace, it selects an available symbol for its shares, often related to the company name.
Explanation:
Problem 3-5A (Algo) Production cost flow and measurement; journal entries LO P3, P4 [The following information applies to the questions displayed below.] Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the cutting process. The following information is avallable regarding its May inventories. The following additional information detscribes the company's production activities for May. Required: 1. Compute the amount of (a) production costs transferred from Cutting to Stitching. (b) production costs transferred from Stitching to finished goods, and (c) cost of goods sold. Hint: Compute the total production costs in each department and then subtract the ending Inventory to get the amount transferred out of each department. 2. Prepare May 31 journal entries to record the following May activities: a. Raw materials purchases b. Direct materials used c. Indirect materials used d. Direct labor used e. Indirect labor used f. Other overhead costs paid in cash g. Overhead applied h. Goods transferred from Cutting to Stitching i. Goods transferred from Stitching to finished goods j. Sales (on account) k. Cost of goods sold
To compute the amount of production costs transferred between departments and the cost of goods sold, we need to subtract the ending inventory from the total production costs in each department.
The May journal entries for Sierra Company include recording raw materials purchases and usage, direct and indirect labor usage, other overhead costs paid, overhead applied, goods transferred between departments and to finished goods, sales, and cost of goods sold. Problem 3-5A (Algo) Production cost flow and measurement; journal entries LO P3, P4
The following information applies to the questions displayed below. Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the cutting process. The following information is available regarding its May inventories.
The following additional information describes the company's production activities for May.
Required: 1. Compute the amount of (a) production costs transferred from Cutting to Stitching. (b) production costs transferred from Stitching to finished goods, and (c) cost of goods sold.
Hint: Compute the total production costs in each department and then subtract the ending Inventory to get the amount transferred out of each department.
2. Prepare May 31 journal entries to record the following May activities: a. Raw materials purchases b. Direct materials used c. Indirect materials used d. Direct labor used e. Indirect labor used f. Other overhead costs paid in cash g. Overhead applied h. Goods transferred from Cutting to Stitching i. Goods transferred from Stitching to finished goods j. Sales (on account) k. Cost of goods sold
To compute the amount of production costs transferred from Cutting to Stitching, we can subtract the ending inventory from the total production costs in the Cutting department. To compute the amount of production costs transferred from Stitching to finished goods, we can subtract the ending inventory from the total production costs in the Stitching department. To compute the cost of goods sold, we can subtract the ending inventory from the total production costs for both the Cutting and Stitching departments.
The journal entries to record the May activities are as follows:
Raw materials purchases - DR Raw Materials, CR Accounts PayableDirect materials used - DR Direct Materials, CR Raw MaterialsIndirect materials used - DR Indirect Materials, CR Accounts PayableDirect labor used - DR Direct Labor, CR Wages PayableIndirect labor used - DR Indirect Labor, CR Wages PayableOther overhead costs paid in cash - DR Other Overhead, CR CashOverhead applied - DR Overhead, CR Work in ProcessGoods transferred from Cutting to Stitching - DR Work in Process, CR Finished GoodsGoods transferred from Stitching to finished goods - DR Work in Process, CR Finished GoodsSales (on account) - DR Accounts Receivable, CR SalesCost of goods sold - DR Cost of Goods Sold, CR Finished GoodsLearn more about production costs: https://brainly.com/question/29886282
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In pure competition, producers compete exclusively on the basis of
a. selling identical items.
b. advertising heavily to promote their good.
c. producing the unique features of their good.
d. focusing on maintaining a positive image.
Answer:
a. selling identical items.
Explanation:
A pure competition market is characterized by many firms selling a homogeneous product in a market with many buyers. There are no dominant suppliers; hence no single or group of sellers can influence the price. Pure competition is also the perfect competition.
The key characteristics of pure competition are
There are many buyers and sellersAll firms sell an identical productAll sellers are price takers. None can influence pricesThere is intense competition due to the high number of sellersEase of entry and exit from the market.A. selling identical items.
Why would you write a complaint to a company?
Answer:
To discuss with a company about a problem you may be having with their service or product.
Explanation:
career class question
In most SBA loans,
Group of answer choices
a) the SBA requires assets as collateral
b) the money has a zero percent interest rate.
c) the SBA does not lend any money
d) only provides guarantees to loans over $1 million.
2. When the SBA makes a loan guarantee
Group of answer choices
a) banks are willing to consider less riskier deals
b) loans typically are between one and three years
c) banks are willing to consider riskier deals
d) banks normally refuse
The correct answer of first question is A. and Second question is C. In most SBA loans, the SBA requires assets as collateral. When the SBA makes a loan guarantee banks are willing to consider riskier deals
The Small Business Administration (SBA) is a government agency in the United States that was founded in 1953 to support and assist small businesses.
SBA offers financial, educational, and assistance programs for small businesses.
SBA loans are one of the most common types of funding offered by the SBA.
SBA loans are guaranteed by the government, making it less risky for lenders to provide capital to small businesses.
The most common types of SBA loans are the 7(a) loan program, the 504 loan program, and the microloan program. In most SBA loans, the SBA requires assets as collateral.
This implies that if the loan is not repaid, the SBA may seize the assets that have been put up as collateral.
Additionally, the SBA doesn't lend any money directly.
Instead, it acts as a guarantor and offers lenders a guarantee on the loan so that they're more willing to offer the loan.
Banks are willing to consider riskier deals because of the loan guarantee.
The interest rates on SBA loans are generally lower than those offered by traditional lenders.
However, they're not zero percent. SBA loans generally have a variable interest rate, which is tied to the prime rate.
The interest rate on SBA loans varies depending on the type of loan and the lender.
Some lenders offer fixed-rate SBA loans, but these are rare.
SBA loans have several requirements, including a minimum credit score, a business plan, and a certain amount of collateral.
The specific requirements vary depending on the type of loan and the lender.
Generally, the SBA requires that the business be profitable, have a reasonable amount of collateral, and have been in business for at least two years.
The SBA also requires that the business be located in the United States and be owned and operated by a US citizen or legal resident.
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jeff, the owner of a business, invests an additional $100 into his business. how would this affect the equity of his business?
Jeff transfers an additional $100 from his personal checking account to his company. As the common stock and total equity would rise, this would have an impact on the equity of his company.
An owner invests in his business by taking money out of his personal checking account and depositing it into the business. In other words, this is the sum of money or other assets that the owner invests in the company to either launch it or maintain it.
Therefore, an owner's investment in the business will raise the company's assets as well as the value of its common stock and the owner's equity. While the company's assets and liabilities increase when it borrows money from its bank.
As a result, at the end of the accounting period, the balance sheet includes the owner's equity.
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wth fill in the blanks
Bankruptcy
Cash
Check
Credit
Debit
Debt
Foreclosure
Expenditures
Credit Card
Debit Card
Impulse Buying
Long-Term Goals
Needs
Short-Term Goals
Wants
Budget
Discretionary Income
Fixed Expenses
Variable Expenses
Scarcity
(not all the words are being used)
1. The amount of financial trust extended to a person or a business by a lender; a loan.
2. Money owed.
3. A legal process that gives a debtor protection from creditors.
4. Goods or services that make people more comfortable or content but which are not necessary for survival.
5. Goods or services that people cannot survive without, such as water, food, shelter, and clothing.
6. Money that is spent on goods, services, and bills.
7. A purchase based on an immediate want or due to the pressure of advertising.
8. Plans that take a year or more to accomplish.
9. Plans that can be accomplished within three months to a year.
10. A record of income and spending and a plan for managing money.
11. Money available to spend on goods and services that are not essential.
12. The economic condition of limited resources that prevents people from having everything they want.
13. Expenses that do not change from month to month, such as auto insurance or rent.
Answer:
1. Credit 2. Debt 3. Bankruptcy 4. Wants 5. Needs 6. Cash 7. Impulse Buying 8. Long-term goals 9. Short-term goals 10. Budget 11. Discretionary income 12. Scarcity 13. Fixed Expenses
Explanation:
a shipping company needs to hire new people to fill a variety of positions in its warehouse and distribution center. some common qualifications these employees possess include
Answer:
1. Strong organizational skills
2. Ability to lift and move heavy items
3. Experience working in a warehouse or distribution center
4. Knowledge of safety protocols
5. Knowledge of inventory management systems
6. Ability to work independently and as part of a team
7. Ability to use computer systems, such as Microsoft Office
8. Ability to follow instructions and work in a fast-paced environment
9. Good communication and interpersonal skills
10. Attention to detail
Explanation:
Dotty's is a high fashion boutique, owned by entrepreneur Daisy Smith. The
business has been open a year, and specialises in designer outfits for women.
Daisy made the decision to set up the business after working in a high street
chain for five years.
Which of the following does NOT analyse how entrepreneurial skills will enable
Daisy's business to be more financially successful?
Answer: By being organized, Daisy will be abke to ensure that her business runs more smoothly and that she has stock in the shop when is is needed and the suppliers are paid on time. This could lower the levels of stress experienced by Daisy and lead to her enjoying a better work life balance.
Explanation:
The option that doesn't analyse how entrepreneurial skills will enable
Daisy's business to be more financially successful is that "By being organized, Daisy will be abke to ensure that her business runs more smoothly and that she has stock in the shop when is is needed and the suppliers are paid on time. This could lower the levels of stress experienced by Daisy and lead to her enjoying a better work life balance".
We should note that while other options shows that there will be an increase in customer, increase in sales and lead her to be more financially successful, this particular option only relates to her work-life balance and not have an impact on her financial stability.
Human resources is about trying to
find the best way to utilize which of
the following for the benefit of the
company overall?
A. loans
B. products
C. people
Answer:
I think b is that the answer
One benefit of going to work instead of college after graduation is (5 points)
O higher income potential
O earning money now
o the cost of tuition
more free time
Answer:
earning money now.
Explanation:
the sooner you start working, the more money you’ll have rather than getting paid nothing while going to college.
Answer:
B
Explanation:
Budget for 55- to 65-year-old Business Professionals Talk to mentors, family members, or relatives between the ages of 55-65 and who are nearing retirement. Develop a sample budget for someone aged 55-65, considering the adjusted income and expenses in this life phase.
The sample budget for a 55-65-year-old business professional would include expenses such as healthcare, housing, transportation, food, and leisure activities.
As people age and approach retirement, their financial situation changes. While they may have more disposable income, they also face new expenses such as healthcare and retirement savings.
A sample budget for someone aged 55-65 would need to take into account their adjusted income and expenses in this life phase. Expenses such as healthcare costs, housing, transportation, food, and leisure activities would need to be factored in, along with savings for retirement.
It's important to note that individual circumstances can vary greatly, and budgets should be tailored to each person's unique situation. Consulting with a financial advisor or accountant can be helpful in creating a personalized budget.
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Tucker works for a retail distributor company that was recently started. Tucker already invested a lot of his earnings into shares of the company. When the quarterly earnings are posted, Tucker receives a check for 8% of the quarterly profit of the company. Tucker belongs to a _________ Corporation.
A. Professional
B. Closely-Held
C. Sub chapter S