The one that can be stated as an example of a businessman who is making an investment is by making a contribution in the form of money to a partnership. Hence, Option B is correct.
An individual who owns or has shares in a private sector and engages in commercial or industrial activities to generate cash flow, sales, and income by combining human, financial, intellectual, and physical capital with the goal of sustaining is referred to as a businessman or businesswoman.
Although it is a difficult career path, those who choose business reap the rewards of their labour and have access to employment options in almost every industry.
One may find them in almost any company, managing operations, hiring and firing staff, keeping the books balanced, and managing funds. The one that can be used as an illustration of a businessman investing is by giving a financial contribution to a partnership.
Therefore, Option B is correct.
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Answer:
he contributes money to a partnership
Answer:
Explanation:
Data analysis is a process used to explore, refine, modify, and model the data for finding useful information, making conclusions, and making decisions. Data analysis is a process used to obtain raw data and to make it more user-friendly by decision-making. The data is collected first, and then analyzed to answer questions, test hypotheses, or reject theories.
Descriptive analysis or statistics are one of the three basic parts of statistics science. It is the statistics about compiling, collecting, summarizing and analyzing numerical data. The main difference of descriptive statistics from inferential statistics or inductive statistics with more appropriate terms is that the goal of descriptive statistics is to express and summarize a data set as quantitative number values or count or sort values, and about the character of the statistical population that is accepted to represent such data as inferential statistics. is not the goal of obtaining analytical expressions for predictive or hypothesis testing. Even though the analysis of quantitative data is a study aimed at obtaining its main results using inductive statistical analysis, descriptive statistics tools must be used to support formal analysis. For example, a study involving a formal statistical analysis with topics of human behavior typically covers the overall sample size, sample size of important subgroups, average age, male / female ratios of people treated as data subject, and various demographic, social or clinical characters. supplied with tables.
Predictive analytics is a class of data analysis methods that focuses on predicting the future behavior of objects and subjects in order to make optimal decisions. Predictive analytics uses statistical methods, data mining methods, game theory, analyzes current and historical facts to make predictions about future events. In business, predictive models use patterns found in historical and executed data to identify risks and opportunities. Models capture relationships among many factors to make it possible to assess the risks or potential associated with a particular set of conditions, guiding decisions about possible transactions. It is used in actuarial calculations, financial services, insurance, telecommunications, retail, tourism, healthcare, pharmaceuticals and other fields. One of the well-known applications is credit scoring, scoring models process credit history, loans, consumer data and other information and provide an assessment of a potential borrower in terms of prospective solvency and forecast of timely payments on loans. One of the drawbacks of predictive analytics is the weak accounting for qualitative shifts, changes after bifurcation points, since they are built on quantitative, probabilistic methods.
The prescriptive analysis is the third and final phase of the business analysis. Extended prescriptive analysis beyond predictive analysis specifying both the actions necessary to achieve the predicted results and the related effects of decision. This phase of analysis uses the suggestions of the applications of mathematical and computational sciences to take advantage of the results of descriptive and predictive analyzes. Usually, in a first phase a descriptive analysis is made, widely used in the majority of today's business areas and it answers the question of what happened and why. Then a predictive analysis is done or should be done that answers the question of what will happen: historical data is combined with rules, algorithms and occasionally data external to the company or organization to determine a probable event. Finally, the prescriptive analysis phase which aims to recommend actions for the benefit of predictions and show their implications and why they will occur
Answer:
The amount of cash collected in March should be:
$51,000.
Explanation:
a) Data and Calculations:
Budgeted sales and Cash Collections:
January February March April
Total sales $50,000 $60,000 $40,000 $30,000
Collections:
35% month of sales 17,500 21,000 14,000 10,500
45% month following 22,500 27,000 18,000
20% second month 10,000
Total collections in March $51,000
b) The above calculations concentrated on the month of March, being the month of interest. Though, sales on account totals $40,000, the cash collections for the month amounts to $51,000. This arises from cash collections from the months of January and February.
beating the competition called a competitive
advantage. Competitive advantage comes from one
(or a combination) of all of the following factors
EXCEPT
a
quality
b
quantity
C
price
d
service
e
location
Answer:
e
Explanation:
i don't know but have a feeling that it's e because I like e eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee33333333333333e333333333333333333ee trust me it's e
Store Travel Time Each Way Price of a Dress
(Minutes) (Dollars per dress)
Local Department Store 15 102
Across Town 30 87
Neighboring City 60 63
Juanita makes $58 an hour at work. She has to take time off work to purchase her dress, so each hour away from work costs her $58 in lost income. Assume that returning to work takes Juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. As you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling. Complete the following table by computing the opportunity cost of Juanita's time and the total cost of shopping at each location.
Store Opportunity Cost of Time Price of a Suit Total Cost
(Dollars) (Dollars per suit) (Dollars)
Local Department Store 103
Across Town 88
Neighboring City 63
Assume that Juanita takes opportunity costs and the price of the suit into consideration when she shops. Juanita will minimize the cost of the suit if she buys it from the:______. .
1. The opportunity cost and total cost table is shown in the attached image below. 2. Juanita will minimize the cost of the dress if she buys it from the: Neighboring City.
The value of the next best alternative foregone when a decision is made to opt for resources like time, money, or effort to a certain option is known as opportunity cost. In other words, it is the cost of choosing one choice over another while considering the benefits and drawbacks of both options.
As there are only so many resources available, selecting one choice frequently implies forgoing its advantages. It's a manner of approaching decision-making that considers both the advantages and disadvantages of various options
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The complete question might be:
Determining opportunity cost Juanita is deciding whether to buy a dress that she wants, as well as where to buy it. Three stores carry the same dress, but it is more convenient for Juanita to get to some stores than others. For example, she can go to her local store, located 15 minutes away from where she works, and pay a marked-up price of $103 for the dress: Juanita makes $16 an hour at work. She has to take time off work to purchase her dress, so each hour away from work costs her $16 in lost income. Assume that returning to work takes Juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. As you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling.
1.Complete the following table by computing the opportunity cost of Juanita's time and the total cost of shopping at each location.
2. Assume that Juanita takes opportunity costs and the price of the dress into consideration when she shops. Juanita will minimize the cost of the dress if she buys it from the :______.
Answer:
$750,000 units
Explanation:
Calculation to determine the number of units the company would have to manufacture during the year
PRODUCTION BUDGET
Budgeted unit sales 700,000
Add desired ending finished goods inventory 73,000
Total $773,000)
(700,00+73,000
Less beginning finished goods inventory $23,000
Units to manufacture 750,000
Therefore number of units the company would have to manufacture during the year would be: $750,000
Depletion is the process of allocating the cost of natural resources to the period when it is consumed.
Depletion can be regarded the lowering down in the level of quantity of a thing or an element, generally due to consumption, in such a way that a few costs are incurred upon such lowered quantity-levels.
In simple words, depletion can be regarded as the incurring of costs upon the reduction of a quantity of something. In the above case, the quantity of natural resources is reduced, causing depletion.
Hence, option A holds true regarding depletion.
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