give at least 3 personal gains in your business (my gain,community gain and country gain) by considering the table below

Answers

Answer 1

Answer:

My Business- Fashion Designing

My Gain- Daily profit generation, Job Satisfaction, Improvement of my business skill.

Community Gain- Access to well-designed dresses, Training for youths who wish to gain the skill

Country Gain- Employment of citizens, Contribution to the gross domestic product

Explanation:

In my business as a Fashion Designer, I benefit from the fact that I can make money for myself doing what I love. The business also affords me the opportunity to improve my business skill. For instance, good marketing helps me reach a wider audience.

The community I live in benefits from my service because they can always come to design their dresses in whatever styles they desire. Youths and others who wish to gain some skill can also register at an affordable price.

The country I reside in also benefits from the revenue generated from the business because it contributes to its gross domestic product. The citizens are also gainfully employed through the business.

Answer 2

My business: Pharmacy

My gain: Profit, income, access to free medical license drugs, safety, good health

Community gain: Access to good license My business: Pharmacy

My gain: Profit, access to free medical license drugs, safety, good health

Community gain: Access to good license drugs, ease of affordability, wellness and wholeness, free medical advice

Country gain: Employment of labor, access to good healthcare, tax, contribution to country's GDP, wellness and wholeness

for better understanding, lets explain what profits in business means

The aim of any business is to make profit. Business is referred to as any task or activity that aim to provide goods and services to people in order to make profit

Profit is simply the amount of money a business earns above and beyond what it spends for salaries and other expensesbusiness gains covers the profit and other advantages be it pleasure, enjoyment, relaxation etc obtained or derived from any business transactions

from the above, we can therefore say that the answer My business: Pharmacy

My gain: Profit, access to free medical license drugs, safety, good health

Community gain: Access to good license drugs, ease of affordability, wellness and wholeness, free medical advice

Country gain: Employment of labor, access to good healthcare, tax, contribution to country's GDP, wellness and wholeness, is correct

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Related Questions

types of waves that can be plane polarized


Answers

Plane polarisation is the method of allowing only waves orientated in the same direction - only allowing vibrations in one plane. Only transverse waves can be plane polarised because their vibration is perpendicular to the direction of energy travel - you can therefore have this vibration at different orientations

The __________ doctrine states that employers have as much right to fire workers as the workers have to leave the company voluntarily.

Answers

It’s employment at will

Mario has completed the first step in his HR planning, and is ready to begin the second step, which is

Answers

After Mario has completed the first step in his HR planning, the next step is the program goals setting.

What is planning?

It should be noted that HR planning is important in an organization in order to achieve the goals and objectives of such organization.

In this case, after Mario has completed the first step in his HR planning, the next step is the program goals setting.

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If an advertising business buys new computers for its employees, how might its productivity of labor be affected?.

Answers

labor will be very ineffective because , there has to be an adjustment to the new technology and which may slow the individual labors in question.

In a competitive market, supply and demand decide wages. A rise in supply or a fall in demand will raise the equilibrium wage. The equilibrium wage will decline if supply or demand fluctuates.

What impact of advertising business on labor productivity?

These commercials also convey the company's expectations for employee conduct. Employees may become confused, disgruntled, and stressed if these expectations conflict with the company's operational practices.

Companies invest in advertising because it boosts sales of already-popular products, fosters the adoption of novel products, fosters brand loyalty, and deters customers from buying from rivals.

Therefore, labor will be very ineffective because , there has to be an adjustment to the new technology and which may slow the individual labors in question.

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Joining a career and technical student organization is a good way to
1. develop skills that match your areas of interest
2. get a part-time job to earn spending money
3. show your commitment to helping people
4. work on scholarship applications

Answers

Answer

A: develop skills that match your areas of interest

Answer:

A.

Explanation:

Farr Company purchased a new van for floral deliveries on January 1, 2021. The van cost $56,000 and has an estimated life of five years and $14,000 salvage value at the end of its useful life. The double-declining-balance method of depreciation will be used. What is the balance of the Accumulated Depreciation account at the end of 2022?

Answers

Answer:

$15,120

Explanation:

Dec 2021 Depreciation ($56,000 - $14000) / 5 = $8400

Dec 2022 Depreciation ($56,000-$8400 - $14000) / 5 = $6720

Accumulated Depreciation = $8400 + $6720 = $15,120

A baseball enthusiast carried out a simple linear regression to investigate whether there is a linear relationship between the number of runs scored by a player and the number of times the player was intentionally walked. Computer output from the regression analysis is shown.

Answers

From the output in this linear regression, the best appropriate test statistic for the question is t= 0.50/0.037.

What is a test statistic?

This is a statistical number that is usually gotten from the statistical testing of a research hypothesis.

The test statistic in this question is gotten by

t = Estimate/SE

SE = standard error

t =  0.50/0.037

Complete question:

A baseball enthusiast carried out a simple linear regression to investigate whether there is a linear relationship between the number of runs scored by a player and the number of times the player was intentionally walked. Computer output from the regression analysis is shown.

Let β represent the slope of the population regression line used to predict the number of runs scored from the number of intentional walks in the population of baseball players. A t-test for a slope of a regression line was conducted for the following hypotheses.

H0:β=0

Ha:β≠0

What is the appropriate test statistic for the test?

answer choices

t = 16/2.073

t = 16/0.037

t = 0.50/0.037

t = 0.50/2.073

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It is important for an organization's implicit and explicit communication to send the same message.
True
False

Answers

Answer: Yes

Explanation: its to help Get a message Across. And Btw hope this helps im not good at explaining

Antonio, the president, says, "The top priority is getting money to hire trainers and consultants. " He laughs: "If we don't get some money in the door, we won't be able to run the lights and scoreboard, either!" He looks at you and says, "I'm counting on you personally to bring in the largest sum, $10,000, okay? I'll make sure your efforts get noticed back at the office. " As you nod tentatively, wondering how you're going to obtain such a large sponsorship, you're reminded that Antonio is your manager at a brokerage firm

Answers

The response to whether Antonio is displaying leadership or power in this meeting is A) Antonio is reminding you that you are dependent upon him in your work life.

Antonio is reminding you that you are dependent upon him in your work life so you will make certain to obtain $10,000 for the team.

This implies that Antonio is displaying power combined with leadership. In leadership jargon, this is known as an influence.

What is an influence in leadership?

Influence is a core skill in leadership.  

Influence in leadership means the ability to affect the behavior of followers in a particular direction by leveraging key tactics that:

InvolveConnectInspireDeliver results.

Without influence, a leader lacks the ability to impact the behaviors, attitudes, opinions, and choices of the followers.

Question completion with answer options:

Is Antonio displaying leadership or power in this meeting? Select an option from the choices below.

A) Antonio is reminding you that you are dependent upon him in your work life so you will make certain to obtain $10,000 for the team.

B) Antonio is simply making assignments and offering to help you out back at your workplace Leadership.

C) Antonio knows that you're the best person to raise the funds needed and he's supportively recognizing your ability to the group.

Thus, Antonio is displaying power combined with leadership, which is regarded as an influence in leadership circles.

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The ______ theories of international trade predict that free trade allows countries to specialize in producing goods and services that they are most efficient at producing, and unrestricted free trade encourages this specialization.

Answers

Heckscher-Ohlin model theory predict that free trade allows countries to specialize in producing goods and services that they are most efficient at producing.

What is Heckscher-Ohlin model all about?

The Heckscher-Ohlin model theory can be regarded as one that explain that economic that countries do export what they can most efficiently and plentifully produce.

This theory explain that this production of theses goods aids specialization.

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Prepare journal entries to record the following transactions entered into by the Valente Company: (Credit account titles are automatically indented when the amount is entered. Do not indent manually. ) 2020 June 1 Received a $10,000, 12%, 1-year note from Andrea Foley as full payment on her account. Nov. 1 Sold merchandise on account to Patton, Inc. For $12,000, terms 2/10, n/30. Nov. 5 Patton, Inc. Returned merchandise worth $500. Nov. 9 Received payment in full from Patton, Inc. Dec. 31 Accrued interest on Foley's note. 2021 June 1 Andrea Foley honored her promissory note by sending the face amount plus interest. No interest has been accrued in 2021

Answers

The Journal entries are prepared for Valente Company.

1. Date    Accounts and Explanation               Debit                        Credit

2020 June 1   Notes Receivable                    $10,000  

       To Andrea Foley                                                                       $10,000

(Being notes receivable is recorded)

2. Date    Accounts and Explanation               Debit                        Credit

    Nov. 1                      Patton, Inc.                    $14,000                                                                

   To Inventories                                                                               $14,000

(Being inventory is recorded)

3.Date    Accounts and Explanation               Debit                        Credit

                       Inventories                               $500

                        Patton, Inc                                                                    $500

(Being inventory is recorded)

4..Date    Accounts and Explanation               Debit                        Credit

           Cash                                                   $11,270

       Discount                                                    $ 230

  To Barlow                                                                                   $11,500

(Being cash received is recorded)

Patton, Inc invoice transactions:

12,000   invoice nominal

- $500  returned goods

$11,500.   amount subject to discount of 2%

- 230 discount as collected within first ten days

11,270cash proceeds

6.Date    Accounts and Explanation               Debit                        Credit

            Cash                                              $12,600

          To Interest revenue                                                              $600
       ($12,000 × 12% × 5 ÷ 12)

           To Notes receivable                                                        $12,000

(Being cash received is recorded)

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Aggregate planning for services differs from manufactured goods because Select one or more: a. services cannot be inventoried. b. demand for services is difficult to predict. c. goal of services is to maximize revenue and profit d. capacity is difficult to predict for services. e. service companies can easily adjust prices to respond to demand levels

Answers

Agregate planning for services differs from manufactured goods because  demand for services is difficult to predict. Option B is correct.

What is aggregate planning for services?

This is the part of a businesses operational schedule that has to do with the following:

DevelopingMonitoringSustainance

Aggregate planning helps to generate a plan for the levels of inventory in a business.

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Which of the following refers a reduction the production and availability of a good or service in due to a decrease in its market price? a. An increase in the supply for a product b. An increase in the quantity supplied for a product C. A decrease in the supply of a product d. A decrease in the quantity supplied for a product​

Answers

Answer:

B. an increase in the quantity supplied for a product.

What factors are used to judge if consideration is adequate to ensure a fair bargain?.

Answers

1. Promises must be made with voluntary consent.
2. Promises exchanged may not be a preexisting duty.

Which organization enforces the legal requirement that employers provide a
workplace free of recognized hazards?
O A. U.S. Congress
B. Occupational Health and Safety Administration
C. U.S. Labor Department
D. Consumer Product Safety Commission

Answers

Answer: B. Occupational Health and Safety Administration

Explanation:

The Occupational Safety and Health Act of 1970 created OSHA, which sets and enforces protective workplace safety and health standards. There are OSHA standards for construction, agriculture, maritime and general industry. Employers also must comply with the General Duty Clause of the OSH Act, which requires them to keep their workplaces free of serious recognized hazards.

Occupational Health and Safety Administration organization enforces the legal requirement that employers provide a workplace free of recognized hazards. Thus, option (b) is correct.

What is organization?

The term “organization” refers to the structure and hierarchy of the workplace, as well as the shared objectives of its participants. The word “organization” is primarily used in the workplace and in business contexts. An organization is based on management without management is not the proper functioning of the organization.

The Occupational Health and Safety Administration enforces the legal requirement that companies offer a workplace free of identified dangers. It was modeled after the 1970 Act. The employees' working conditions are free, and the organization pays the employees' medical expenses.

Therefore, option (b) is correct.

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As more of a product is consumed, total utility ______ at a diminishing rate, reaches a maximum, and then ______.

Answers

The law of diminishing marginal utility states that as consumption increases, the marginal utility derived from each additional unit declines. Hence, it increases then decreases.

As more of a product is consumed, total utility increases at a diminishing rate, reaches a maximum, and then decreases.

What Is Total Utility?

Total utility is the total amount of satisfaction or fulfillment that a consumer gets through the consumption of a specific good or service.

Therefore, the answers are it increases then decreases.

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For a risk-free return rate of 5%, a market risk premium of 6%, what is the required rate of return for a security with a beta coefficient of 1. 5? 5% 9% 14% cannot be determined -Select- 2. Changing the risk-free return (inflation) Changes neither the y-intercept nor the slope of the security market line Changes only the y-intercept of the security market line Changes only the slope of the security market line Changes both the y-intercept and the slope of the security market line -Select- 3. Changing the market risk premium Changes neither the y-intercept nor the slope of the security market line Changes only the y-intercept of the security market line Changes only the slope of the security market line Changes both the y-intercept and the slope of the security market line -Select- 4. True or False: If a company's beta doubles, its required return doubles. True False

Answers

The required rate of return for a security with a beta coefficient of 1. 5 is 14%.

Changing the risk-free return (inflation) changes only the y-intercept of the security market line.

Changing the market risk premium changes only the slope of the security market line.

When the beta of a stock doubles, the required return does not double.

What is the required return?

The required return can be determined using the capm.

According to CAPM:

Required return = risk free + (beta x market premium)

5% + 1.5(6) = 14%

What is the change in required return when beta doubles?

Assume the beta of the above stock doubles, requried retrun becomes:

5% + (3 x 6) = 23%

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HELP ASAP

match the terms with their definitions

Inflation

Economizing

cost- push pricing

Target audience

demand-pull inflation

cost-plus pricing

comparison shopping

Markup

1.

Setting a price based on production costs plus a markup
2.

Checking prices, brands, and quality among several sellers
to make sure you are getting the best deal
3.

Rising prices as a result of rising production costs
4.

An increase in the general level of prices for goods and services
5.

Saving as much as possible and spending money only when necessary
6.

A specific consumer group who are likely to buy a product
7.

Rising prices as a result of consumers wanting to buy more
goods and services than producers supply
8.

The percentage amount added to production cost to obtain the price of an item

Answers

Answer:

4, 5, 3, 6, 7, 8, 2, 1,

Explanation:

Which of the following is an example of direct distribution channels?

Wholesaler sales

middlemen

E-commerce sales

Retail sales

Answers

Answer:

E-commerce sales

Explanation:

A direct-distribution channel is where the manufacturer sells directly to the end customer like with an E-commerce sale

When a private company wants to offer stock on the stock market, they go through the _______ process.

Answers

Answer:

Initial Public Offering

Explanation:

An initial public offering or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also retail investors.

The par value per share of common stock represents the:.

Answers

The face value per share.

Oh boy not much points left better get some

Answers

Answer:

Im so confused

Explanation:

:)

Answer:

..........

Explanation:

A business that does not need a full-time accountant, would most likely use a ______ accountant in which services are exchanged for a fee.

Answers

The business would most likely use a public accountant in which services are exchanged for a fee.

Who is an accountant?

An accountant is a professional who is responsible for keeping and interpreting financial records.

A public accountant works for a public accounting firm that performs auditing, tax, consulting and accounting services for other businesses in exchange for a fee.

Hence, the business would most likely use a public accountant in which services are exchanged for a fee.

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Accrual accounting is a superior predictor of company performance compared to the statement of cash flows. True False

Answers

Answer:

True?

Explanation:

Pls, choose me as brainliest!

Which tend to be more volatile, short- or long-term interest rates?.

Answers

Answer:

Short-term rates

Explanation:

are more volatile than long-term rates and move more quickly than long-term rates

Fantastic Frames sells units for $15 each. Variable costs total $6 per unit, and fixed costs total $90,000. If the number of units being sold increases by 2,000, net operating income will

Answers

If the number of units sold by Fantastic Frames increased by 2,000, the net operating income will increase by $18,000.

What is the net operating income?

This can be found as:

= (Selling price - Variable cost) x Number of units sold

Solving gives:

= (15 - 6) x 2,000

= 9 x 2,000

= $18,000

Net operating income will increase by $18,000.

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Cycle Wholesaling sold merchandise on account, with terms n/60, to Sarah's Cycles on February 1 for $1,250 (cost of goods sold of $725). On February 9, Sarah's Cycles returned to Cycle Wholesaling one-quarter of the merchandise from February 1 (cost of goods returned was $195). Cycle Wholesaling uses a perpetual inventory system, and it allows returns only within 15 days of initial sale. Required:

Answers

Answer:

1. 1-Feb

Dr Accounts receivable 1,250

Cr Sales revenue 1,250

2 . 1-Feb

Dr Cost of goods sold 725

Cr Inventory 725

3. 9-Feb

Dr Sales revenue 312.50

Cr Accounts Receivable 312.50

4. 9-Feb

Dr inventory 195

Cr Cost of goods sold 195

5. 2-Mar

Dr Cash 937.50

Cr Accounts receivable 937.50

B. Gross profit percentage=43.47%

Explanation:

A. Preparation of the journal entries to record sales , goods return on February 9 and Cash collected on March 2

1 to 3 Preparation of the journal entries to record sales

1. 1-Feb

Dr Accounts receivable 1,250

Cr Sales revenue 1,250

2 . 1-Feb

Dr Cost of goods sold 725

Cr Inventory 725

3. 9-Feb

Dr Sales revenue 312.50

Cr Accounts Receivable 312.50

(1/4*1,250)

4. Preparation of the journal entry to record goods return on February 9

9-Feb

Dr inventory 195

Cr Cost of goods sold 195

5. Preparation of the journal entry to record collected on March 2

2-Mar

Dr Cash 937.50

Cr Accounts receivable 937.50

(1,250-312.50)

B. Calculation for the gross profit percentage for sales to Sarah's Cycles

First step is to find the gross profit

Net sales 937.50

Less Cost of goods sold (530)

(725-195 )

Gross profit 407.50

Now let calculate the Gross profit percentage using this formula

Gross profit percentage = Gross profit/Sales

Let plug in the formula

Gross profit percentage=407.50/937.50

Gross profit percentage=0.4347*100

Gross profit percentage=43.47%

Accounts receivable, net of the allowance for doubtful accounts is called:.

Answers

Accounts receivable, net of the allowance for doubtful accounts is called  net realizable value.

What is net realizable value?

Net realizable value is the method of knowing the value of asset that is held as inventory. The purpose of this method is to avoid overstating or understating the value of an goods in inventory.

The net realizable value is the result of deducting the costs incurred in selling the goods from its selling price.

Hence, accounts receivable, net of the allowance for doubtful accounts is called  net realizable value.

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Most workplace communications will involve routine messages that are positive or neutral. Therefore, they should be organized using the ____________________ strategy.

Answers

It should be noted that Most workplace communications will involve routine messages that are positive or neutral by using the communication strategy.

What is workplace communications?

workplace communications serve as a means by which the employees can work together and have effective communication so the goal of organization can be achieved.

workplace communications is important because it will involve routine messages that are positive or neutral

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On January 2, 2021, Miller Properties paid $33 million for 1 million shares of Marlon Company's 6 million outstanding common shares. Miller's CEO became a member of Marlon's board of directors during the first quarter of 2021. The carrying amount of Marlon's net assets was $142 million. Miller estimated the fair value of those net assets to be the same except for a patent valued at $30 million above cost. The remaining amortization period for the patent is 10 years. Marlon reported earnings of $69 million and paid dividends of $3 million during 2021. On December 31, 2021, Marlon's common stock was trading on the NYSE at $32.50 per share.
Required: 2. Assume Miller accounts for its investment in Marlon using the equity method. Ignoring income taxes, determine the amounts related to the investment to be reported in its 2021. (Do not round intermediate calculations. Enter all amounts as positive values. Enter your answers in millions rounded to 1 decimal places, (i.e., 5,500,000 should be entered as 5.5).): million million a. Income statement b. Balance sheet c. Statement of cash flows Operating cash flow Investing cash flow million million

Answers

Based on the balances given by Miller Properties, the amounts in the relevant accounts are:

Income statement = $11 million. Balance sheet = $43.5 million. Statement of cashflows operating cash flow = $500,000.Statement of cashflows investing cash flow = $33 million.

What is the income statement balance?

= (Reported earnings - (Patent value / Number of years) ) / Marlon company outstanding shares

= (69 - (30 / 10) ) / 6

= $11 million

What is the balance sheet balance?

= Acquisition price + Equity income - Dividends declared by Marlon

= 33 + 11 - (3/6)

= $43.5 million

What is the operating cash flow ?

This is the cash dividend that Miller received from Marlon of:
= 3 / 6 million shares x 1 million

= $500,000

What is the investing cash flow?

This is the $33 million that Miller paid for Marlon company shares.

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