Answer:
Business activities may broadly be classified into two categories namely (A) Industry and (B) Commerce. Industry involves production of goods and services whereas commerce is concerned with the distribution of goods and services.
Explanation:
hope helps
Explanation:
Business is the buying, selling & exchange of goods & services for-profit service or motive is commonly known as business. The term business is derived from the word ‘busy’. In a specific sense, business activities refer to any occupation in which people regularly engage in an activity with a view to earning the profit. Let us take a look at the classification of business activities.
Classification of Business Activities
Into two broad categories, various business activities can be classified-
Industry
Commerce
Industry
The sector where raw material gets converted into useful products is called industry. Activities related to production & processing as well as activities related to rearing & reproduction of animals or other living species are all included in the industry. The purpose of industry is to create form utility by converting raw materials into useful forms of finished products.
An industry may produce consumer goods or capital goods. Goods such as bread, butter, cloth, radio, etc. are consumer goods. These goods are directly used by the consumer. Goods such as machinery, cement etc. are called capital goods as these are used further in the production process to make useful products.
Commerce
We can refer to commerce as all those activities which help directly or indirectly in the distribution of goods to the ultimate consumer. There will be no use of producing goods unless & until these goods reach the ultimate consumer. Goods are produced at one place & consumers are scattered at different places. Commerce can be classified into two broad categories:
Trade
Aids to trade
Trade
Trade is an integral part of commerce. It includes buying & selling of goods & services. The trade segment of commerce brings together the manufacturer & the consumer, i.e. it is a link between the manufacturer & the consumer.
Trade can be classified into two types:
Internal trade: It refers to buying & selling of goods or services within the geographical boundaries of a country. It is also known as home trade or domestic trade. Under internal trade, goods & services are bought & sold in the home currency only. The internal trade can be two types:
Wholesale trade
Retail trade
External trade: When the buying & selling of goods & services is beyond the geographical limits of the country it is called external trade. It is also known as trade between two or more countries. In external trade, the market is very wide. External trade is of the following types:
Export trade
Import trade
Entrepot trade
Aids to Trade
On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $83,110 in assets to launch the business. On December 31, the company’s records show the following items and amounts.
Cash $ 14,550 Cash withdrawals by owner $ 1,120
Accounts receivable 12,940 Consulting revenue 12,940
Office supplies 2,400 Rent expense 2,640
Land 45,860 Salaries expense 5,920
Office equipment 17,020 Telephone expense 800
Accounts payable 7,820 Miscellaneous expenses 620
Owner investments 83,110
The preparation of the stockholder equity is presented below:
Statement of stockholder equity
J.Ernst, Capital, December 1 $ 0
Add: Investment by owner $83,100
Add: Net Income $2,960
Less: Withdrawals by owner ($1,120)
J.Ernst, Capital, December 31 $84,940
Working note:
The preparation of the income statement is presented below:Income Statement
Consulting revenue $12,940
Less:
Rent expense $2,640
Salaries expense $5,920
Telephone expense $800
Miscellaneous expenses $620
Total expenses ($9,980)
Net Income $2,960
Therefore we can conclude that the ending balance of the stockholder equity is $84,940
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Finance professionals make decisions that fall into three distinctive areas: corporate finance, capital markets, and investments. Below is a set of decisions made by finance professionals. Categorize the decisions according to the area of finance that they belong to.- Wilson, a trader at the New York Stock Exchange, executes the decisions made by investors and takes action based on requests by different buyers and sellers in the market.- As a technical trader, you will be analyzing investor psychology and making investment decisions based on how investors behave during certain situations.- Jacob, the chief executive officer (CEO) of ABC Corp., must make decisions that help achieve the primary goal of the corporation: maximize shareholders' wealth.
Here is a categorization of the decisions according to an area in finance :
Wilson, a trader at the New York Stock Exchange, executes the decisions made by investors and takes action based on requests by different buyers and sellers in the market. - capital market
As a technical trader, you will be analyzing investor psychology and making investment decisions based on how investors behave during certain situations - investments
Jacob, the chief executive officer (CEO) of ABC Corp., must make decisions that help achieve the primary goal of the corporation: maximize shareholders' wealth. - corporate finance
Corporate finance is a branch of finance that is concerned with how companies manage their sources of funds, capital structure and make investment decisions.
Jacob is going to make decisions on how to maximise the resources (funds) entrusted to him by shareholders.
Capital market is a market where buyers and sellers come together to buy and sell financial securities.
There are two types of capital markets :
1. Primary market - new issues of stocks and securities are traded in this market.
2. Secondary market -previously issued securities are traded in this market.
Wilson would execute the trades on the capital market.
Investment is an asset purchased that has the potential to increase wealth or income of the purchaser.
For example, the purchase of of securities has the potential to increase the wealth of the holder.
In order to make successful investment decisions, it is important to analyse and understand investor psychology. This would help identify certain bias that an investor might have that would prevent from making optimal investment decisions.
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A company's prime costs total $3,800,000 and its conversion costs total $7,800,000. If direct materials are $1,400,000 and factory overhead is $5,400,000, then direct labor is:
Explanation:
Conversion costs = Direct labor + Factory overhead
7,800,000 = Direct labor + 5,400,000
Direct labor = $2,400,000
First option is the correct option.
I know this much only.
Goals should linger on and on-they shouldn't have an expiration date, true or false
never start a project unless all resources are available
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Answer:
wjwksjsbdjdhdhsjdns
Explanation:
Human resources development is important because it is an investment in one's employees that will ultimately result in a stronger and more effectiv
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In what ways is marketing international?
Answer:
Through trading.......
Answer:
in wto we can market international
Important reasons for constructing a policy statement include: A. Helps investors decide on realistic investment goals B. Create a standard by which to judge the performance of the portfolio manager C. Develop an instrument to judge risk D. Choices A and B
The important reasons for constructing a policy statement would be option D. Choices A and B as investor's realistic decisions and measuring the manager's performance both are important and can be done by this.
The investment policy statement is a planning and communication document that
finalizes the understanding between client and managerIncorporates a client's requirements, choices, and circumstances to create an integrated statement that reflects the objective and constraints of the client.So, it will help the investment process to an investor to identify and make decisions on setting realistic goals. This also makes a standard or scale to which the portfolio manager can be judged for his performance evaluation.
Thus, the correct answer is - option D. choices A and B.
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how do you define entrepreneurship?
A necessary condition to use the equity method of reporting for an equity investment is that the investor company must
a. have the ability to exercise significant influence over the operating and financial policies of the investee.
b. own at least 30% of the investee's voting stock.
c. possess a controlling interest in the investee's voting stock.
d. not have the ability to exercise significant influence over the operating and financial policies of the investee.
need help with this question
Answer:
Explanation:i cant seee iittt
uses of grants funds
Answer:
Ways to spend grant funds include paying people, travel and hospitality expenses, and the purchase of project-related equipment and supplies. There are a multiple mechanisms that can be used to spend grant funds, depending upon what is being paid for or purchased.
Explanation:
Naomi plans on saving $3,000 a year and expects to earn an annual rate of 10.25 percent. How much will she have in her account at the end of 45 years
D. $2,333,572
To find the future value of annuity ordinary the formula is
Fv=pmt [(1+r)^(n)-1)÷r]
Fv future value?
PMT payment per year 3000
R interest rate 0.1025
N time 45 years
So
Fv=3,000×(((1+0.1025)^(45)−1) ÷(0.1025))=
$2,333,571.66
Good luck!
explain the term
tourist
Answer:
A tourist is a person who is visiting a place for pleasure and interest, especially when they are on holiday. ... It is a top tourist attraction that is visited by thousands of people each day
Answer:
A tourist is a person who comes from a different state or country that is visiting some where to try out new things in that state like the alcheteture the food, the culture and more. They are visting to see things that thay wouldnt be able to see where they live.
Explanation:
KLM Corporation's quick assets are $5,996,000, its current assets are $12,480,000 and its current liabilities are $8,068,000. Its acid-test ratio equals: _________
The term initial public offering describes a transaction in which a firm sells securities directly to an investor or to a small group of investors.
a. True
b. False
Answer:
The term initial public offering describes a transaction in which a firm sells securities directly to an investor or to a small group of investors is False.
Explanation:
A first sale of stock or stock dispatch is a public contribution wherein portions of an organization are offered to institutional financial backers and typically additionally retail financial backers. An IPO is ordinarily endorsed by at least one speculation banks, who likewise organize the offers to be recorded on at least one stock trades.Learn more about transaction refer:
https://brainly.com/question/20860810What is a loan? 100 points
Answer:
Hii
Explanation:
A loan is when money is given to another party in exchange for repayment of the loan principal amount plus interest. Loan terms are agreed to by each party before any money is advanced. A loan may be secured by collateral such as a mortgage or it may be unsecured such as a credit card.
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Loan simply means borrowing from someone .
In technical language it is given by a bank with simple interest. Like I loaned 3400$ from XYZ bank .MSA products Inc pays its salesperson 6% commission on all sales and 3.5 % more sales on all monthly sales over $40,000. in august Giselle Campagna sold $56,000 worth of goods for MSA. What was her commission for august
Answer:
The commission for august month is [tex]\$5,320[/tex]
Explanation:
Given
6% commission on all sales and 3.5 % more sales on all monthly sales over [tex]\$40,000.[/tex]
In august Giselle Campagna sold [tex]\$56,000[/tex]
Commission on sales [tex]=6\%+3.5\%[/tex]
[tex]=9.5\%[/tex]
Commission for august month [tex]=56,000\times9.5\%[/tex]
[tex]=56,000\times\frac{9.5}{100}[/tex]
[tex]=5,320[/tex]
The commission for august month is [tex]\$5,320[/tex]
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Your company purchased a piece of land five years ago for $150,000 and subsequently added $175,000 in improvements. The current book value of the property is $225,000. There are two options for future use of the land: 1) the land can be sold today for $375,000 on an aftertax basis; 2) your company can destroy he past improvements and build a factory on the land. In consideration of the factory project, what amount (if any) should the land be valued at
Answer:
your mom
Explanation:
your mom
One piece of evidence suggesting that the stock market is efficient is that most individual investors cannot earn returns that beat the overall market average return, but professional investors such as mutual fund and pension fund managers generally do earn higher-than-average returns.
a. True
b. False
Too much focus on your organizational vision can lead to missed opportunities. __________ helps keep the company focused on ideas from the external environment.
a. Social responsibility
b. Stakeholder management
c. Development crowd-sourcing
d. Corporate governance
Answer:
C. Development crowd-sourcing
Explanation:
Development crowd-sourcing helps keep the company focused on ideas from the external environment. Thus, option 'C' is the correct option.
What is the process of crowd-sourced development?Through what essentially amounts to an open call for proposals, crowdsourcing, an emerging internet business model, leverages the innovative ideas of a network of people spread across different geographic locations.
With the goal of producing dependable, efficient, high-quality, and affordable products by utilizing the power of the crowd, crowdsourcing software development entails contracting the development of software to an online community of skilled developers. These developers are then compensated financially or through social incentives. A new and developing type of outsourcing is crowdsourcing. Outsourcing is a mirror of crowdsourcing.
Delegating normal work or activities from an internal company to an outside party, such as a subcontractor, is known as outsourcing. In order to do this, it is a procedure wherein the development of system components is transferred to another development company.
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Cynthia works as a salesperson at an apparel showroom. A week ago, she met a customer who stated that a particular dress was quite expensive and asked her whether a discount was available for the dress. Cynthia responded by saying, “I can get you a 10 percent discount on the dress. Would you like to pay by cash or card?” The customer made the purchase. Which closing technique did Cynthia use in this example? A. opinions count close B. assumptive close C. Ben Franklin close D. Sharp Angle close
Answer:
Assumptive close
Explanation:
Discount means cut off price[tex]\boxed{\sf Discount=Sold\:Price-Cost\!Price}[/tex]
Or simply
[tex]\\ \sf\longmapsto Discount=S.P-C.P[/tex]
The marketing environment includes things such as demographic factors, economic factors, ecological factors, technology factors, political environment, and cultural environment.
True
False
Gibson Valves produces cast bronze valves on an assembly line, currently producing 1600 valves each 8-hour shift. a. The productivity of the line is: [ Select ] b. If the productivity is increased by 10%, the productivity would be: [ Select ] c. If the production is increased to 2000 valves per shift, labor productivity will increase by: [ Select ]
a. The productivity of the line is 220 valves per hour.
b. The labor productivity will be increased by 25%.
a. The productivity of the line is
= Number of valves produced ÷ number of hours × increased percentage
= 1,600 valves ÷ 8 hours × 1.10
= 220 valves per hour
b. The labor productivity will be increased by
= Increase in production ÷ Number of valves produced
= 2,000 ÷ 1600
= 1.25
So, the labor productivity will be increased by 25%.
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How does the business environment influence the process of Business enterprise in Nigeria.
Answer:
It affects the decisions, strategies, process and performance of the business.
What can impact the competitive nature of an industry through the ability to raise prices or affect the quality of inbound goods and services:_______.a) suppliers,b) buyers,c) new entrants,d) substitute products,e) retailers.
The supplier should affect the competitive nature of the industry via the capability for increasing the prices or the quality should be impacted.
The following should not impact the nature of an industry in a competitive way:
Buyers.New entrants.Substitute products.RetailersTherefore we can conclude that the supplier should affect the competitive nature of the industry via the capability for increasing the prices or the quality should be impacted.
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Managerial accounting is different from financial accounting in that: Multiple choice question. managerial accounting is structured and often controlled by GAAP managerial accounting is used in planning and control decisions and financial accounting is used in making investment and credit decisions managerial accounting is used by investors and financial accounting is used by managers managerial accounting is focused on the organization as a whole and financial accounting is more focused on divisions of the organization
Answer: Managerial accounting is used in planning and control decisions and financial accounting is used in making investments and credit decisions.
Explanation:
Individual ownership of property is a key element in
Socialism
Utopianism
Capitalism
Communication
A command economy
The key element of individual property ownership is capitalism.
The following information related to capitalism is:
It is an economic system in which the private sectors are owned & controlled the property as per the interest, demand, supply and they have the freedom to set the prices.The main feature is to make a profit.In this, the intervention of the government is minimized.Competition existed.Therefore we can conclude that The key element of individual property ownership is capitalism.
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वर्तमानमा युगमा मातृभाषाकाे महत्त्व विषयमा निबन्ध .......anyone Nepali please help me in this topic
Answer:
सफाई एउटा काम हैन, जो पैसा कमाउन को लागी गर्नु पर्छ, बरु, यो एक राम्रो बानी हो जुन हामीले राम्रो स्वास्थ्य र स्वस्थ जीवन को लागी अपनाउनु पर्छ। स्वच्छता सद्गुण को एक कार्य हो जुन जीवन स्तर बढाउन को लागी प्रयोग गरीन्छ
The mother tongue or the native language is an essential aspect in one’s upbringing as it shapes the way they perceive the world and the way one expresses themselves to others. Babies tend to imitate what they see or hear. Infants are fast learners as they acquire their mother tongue by imitating their parents. It is easier for children to learn languages in their growing years than in comparison to adults learning a new language.
Having a strong grip on one’s mother tongue also helps in creating a strong foundation for learning additional languages. Children are capable of learning languages other than their native tongue while they are young by transferring the different structure of a language to other languages. If a child learns the grammar of their mother tongue well, then they will be able to guess the meaning of the words in different languages easily.
Select examples of two cost objects in companies using job costing. A. product such as a repair job and a project such as an advertising campaign B. cost pool and cost allocation base C. product such as a specialized machine and a service such as a repair job D. direct costs and indirect costs
Answer:
A. product such as a repair job and a project such as an advertising campaign
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