As a business owner, why would understanding the basic accounting equation be important?

Answers

Answer 1

Answer:

I don't know correctly but still I'll try

I wrote on my own pl look into my efforts and give me points

Explanation:

understanding is the thing that we want, not want that we need while doing any kind of work , like it my be your homework, it may be your preparation for some exam understanding is the basic thing that we need in any case weather it is doing in any problem or any love matter we have to understand each and every case of our life, our love or relationship matter, or understanding any problem .

especially when comes to business it is really important also because equations ok .. For doing any equation we have to understand what formula we can use , should we add or subtract etc . so ya if we understand only we can do something in life or in any equation.....


Related Questions

HELP PLEASE
Which describes the difference between secured and unsecured credit?

Secured credit is backed by an asset equal to the value of a loan, while unsecured credit is not guaranteed by a material object.
Unsecured credit is backed by an asset equal to the value of a loan, while secured credit is not guaranteed by a material object.
Secured credit is risky because banks cannot seize assets, while unsecured credit is less risky because it is backed by material objects.
Unsecured credit enables lenders to seize an asset if a loan is not paid, while secured credit prohibits lenders from taking material objects.

Answers

The difference between secured and unsecured credit is secured credit is backed by an asset equal to the value of a loan, while unsecured credit is not guaranteed by a material object.

What is secured and unsecured credit?

Secured credit is when a loan is backed by a collateral. The collateral is usually an asset owned by the borrower. An example is a home.

Unsecured credit is a credit that is not backed by any asset. An example of unsecured credit is a credit card. Unsecured credit is more risky and thus it has a higher rate of interest.

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Answer:

The answer is A!

One morning, you decide to go to garage sales to look for some nice furniture for your 5 year old daughter’s bedroom. At one house, you find a very nice dresser set marked for $140. You know this is a heck of a deal because similar dresser sets go for about $800 brand new. The main problem is that your wife may not like the color of the furniture so you can’t buy it without her approval. You have forgot your phone, so you need to go quickly to your house to pick up your wife so she can see the furniture. Your primary concern is that the owner might sell the furniture before you can get back. What could you possibly do to control this situation and buy the furniture if you wife approves

Answers

Answer:

Ask the owner to reserve it, or just buy it and repaint it if your wife doesnt like it. worse case scenario you can resell it for more than its worth

Explanation:

Answer:

Ask the owner if they can hold it for you and go get the wife. Its important to get the wife...happy wife. happy life.

Describe how consumers demand affects the economy

Answers

Answer:

Consumers help determine what goods and services will be produced through their purchasing decisions.   I think :)

Explanation:

Which of the following choices is not a step that can reduce your spending?
a.
eating at home, rather than dining out
b.
using budgeted cash only
c.
forgoing premium cable TV channels
d.
purchasing reduced fat lattes during the week

Answers

Answer:

I think answer a because you wouldn't be spending any money if you eat at home

Purchasing reduced-fat lattes during the week is not a step that can reduce your spending. The correct option is d.

Reducing spending typically involves making conscious choices to prioritize your expenses and cut back on unnecessary purchases. Some common steps that can reduce spending include eating at home instead of dining out, using cash instead of credit cards, cutting back on subscription services or premium channels, and shopping for deals or discounts.

While purchasing reduced-fat lattes during the week may be a healthier choice, it is not necessarily a step that will reduce your overall spending, as these types of drinks can often be expensive. Instead, choosing to make coffee at home or bringing a reusable cup to a coffee shop can be a more cost-effective alternative.

Thus, the ideal selection is option d.

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Question 3 of 25
Which of the following statements best explains why some people get life
insurance and others don't?
A. Life insurance is a cost that has no direct benefit.
B. Some people have more than one life-insurance policy.
C. Different people are willing to face different kinds of risks.
D. Some life insurance companies go out of business before you die.

Answers

Answer is C. The other 3 answers don’t state what the question is asking.

(NEED HELP ASAP)Which is a possible effect of identity theft?

Increased savings balance
Increased purchasing power
Decreased credit score
Decreased debt to credit load

Answers

The possible effect of identity theft is "Decreased credit score."

This is because when an identity of a credit card owner is stolen, often the stealer tends to use the information of the credit card owner to borrow more money or buy expensive goods and run away with it.

This often leads to more debt for the original credit card owner.

In turn, having more debt on a single credit card without repayment as at when due leads to "Decreased credit score."

Hence, in this case, it is concluded that the correct answer is option C. "Decreased credit score."

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Answer:

Decreased credit score

How can interests, skills, and abilities affect the type of business you want start?

Answers

If you don’t have the skills and abilities of the interested business you want to start, you might not succeed far.

What is advertising?​

Answers

Answer:

It’s when you convince people to buy a product, or service. Marketing is used in this.

Explanation:

How would you describe the role of professionalism in writing these types of messages? Which type of message do you think poses the greatest challenge to a writer? Why?

Answers

Answer:

In business, being requested to write a business communication of some type can feel like “one more work assignment.” It is tempting to quickly jot and send that email or letter. However, by doing so, employees may miss the opportunity to help their company do more–and miss the opportunity for advancement. Crafting messages correctly is perhaps the single best way to polish your company’s and your own image.

Focusing the communication effort on the message’s receiver results in business objectives quickly achieved, and growing writer credibility. The results are subtle but the impact is large.

This section begins with two keys to success in business communication: audience and purpose.

A role in professional writing would be a political writer who writes speeches for the president or someone else who is important.

Why is professionalism important in writing?

The biggest and most important reason for the value of professional writing is that it guarantees your papers' main points are correctly communicated to the target reader.

When asked to create a business communication of any kind, it might feel like "just another work assignment," and it is tempting to hurriedly scribble out and submit that email or letter.

However, by doing so, employees may miss out on opportunities to help their firm achieve more—and therefore miss out on development. Correctly crafting communications is likely the single most effective strategy to improve your company's and your own image.

Focusing communication efforts on the message's receiver leads to faster achievement of corporate goals and increased writer credibility. The effects are slight, but significant.

Therefore, it can be concluded that this section begins with two essential elements of corporate communication success: audience and purpose.

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____describes the layout of the screen.
OBlock-based
OInterface
OEditor
O Player
(for coding)

Answers

Answer:

The editor describes the layout of the screen.

why is 4pex learning so hard

Answers

because the person who made it likes to make people mad/sad

How can creative ideas become business opportunities?

Answers

Business ideas are something that you must test before they become your business opportunities and before you start transforming them into the real business.

For you, the business ideas are something that you believe will work as a profitable business. When you include the customers needs into the specific idea it will become a possible business opportunity ready for the future startup. Here, I want to talk about a technique from statistics to test business ideas using the null hypothesis.

For example, you have a business idea that can be presented as a statement that statisticians will call it a hypothesis. The hypothesis in the simplest words are ideas that need to be tested for approval.

If we want to use statistical language in this process, we can tell that your business idea is a null hypothesis, and now we want to test it with another hypothesis that are opposite to the null hypothesis. The opposite hypothesis for your null hypothesis will be that the business idea will not succeed, or it will fail.

It is important to think about all possibilities in the process of initial development or process of testing the initial business idea. One of them is that the idea will not succeed in the target market.

Answer:

creative ideas can become business opportunities by simply you going through with your idea. say you have an idea for a... bed that will improve sleep. all you need to do is go though with it. design it build it, whatever just do it.

Explanation:

Which type of traditional media can potentially reach a larger audience than print media, but is more expensive than newspapers and magazines and can be complicated to produce?

Answers

Answer:

Ad industry

Explanation:

The Ad industry in one such type of a traditional media who have a large audience than the other traditional media like the print media. But unfortunately, the ad media is much more expensive or costly when compared to print media such as magazines and newspapers and it is also complicated to produce.

A market research agency needs to constantly improve its digital communications to keep up with the competition. In 2017 it spent £250 000 on digital communication. In 2018 it spent £525 000. The agency’s percentage increase in spending on digital communications from 2017 to 2018 was approximately equal to:
1) 210% 2) 48% 3) 52% 4) 110%

Answers

Answer:  4) 110%

Explanation:

Percentage increase = (Amount spent in 2018 - Amount spent in 2017) / Amount spent in 2017

= (525,000 - 250,000) / 250,000

= 275,000/250,000

= 110%

briefly explain 3 ways in which multinational corporations are developed​

Answers

HiiiHERE'S YOUR ANSWER

Multinational Corporations (MNCs) set up their factories or production units close to markets where they can get desired type of skilled or unskilled labour at low costs along with other factors of production. After ensuring these conditions MNCs set up production units in the following ways :

(a) Jointly with some local companies of the existing country.

(b) Buy the local companies and then expand its production with the help of modern technology.

(c) They place orders for small producers and sell these products under their own brand name to the customers worldwide.

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what is included in a business plan

Answers

Answer:

There is no specific answer

Explanation:

Every business has different plans based on what they do.

A business plan is separate from an individual plan. Business plans can also include tools that the other plans don't have.

PLEASE HELP ME ILL MAKE YOU BRAINLIEST

Answers

Can you please make it bigger
Answer: A

Explanation: ethical manner is honesty being responsible and so on this is the only option that falls under the category of being good to and around others

A commodity is something with cash value that can be bought or sold.
true or false

Answers

Answer:

True

Explanation:

who is ur fav actor , movie star

Answers

Answer:

tom holland

Explanation:

Many performers, like singers, actors, and athletes, get paid large amounts of money. Do you think they earn these amounts or should they get paid less? Why?

Answers

Answer:

No, I don't because they put in a lot of hard work.

Explanation:

Which critical thinking skill is used to gain new insight into your thinking?
Open-mindedness
Reflection
Curiosity
Evaluation
Information-gathering

Answers

Answer: Reflection

Explanation:

You can gain insight by asking a person to reflect and evaluate an experience and explain their thought processes during that time. This can help you develop your critical thinking by providing you real-world examples.

the amount of profit you receive from your investments is usually measured as a percentage of your investment. which of the following match this definition?

A Return of investment
B Rate of return
C ROI.
D all of the above

Answers

Answer:

D all of the above

Explanation:

Return on investment , also the ROI is a profitability ratio that compares the benefits from an investment in relation to the invested amount. In other words, return on investment evaluates returns on a particular investment relative to the capital invested. The calculation of the return of investment is by dividing net income by the capital cost. The fraction is multiplied by 100 to express the ratio as a percentage of invested funds.

Return on investment or also the rate of return or ROI.

Im confused i need help

Answers

Is there possibly answer questions

Answer:

don't answer it because it doesn't apply to you yet

Explanation:

Business owners can use a(n) _____ to determine what kinds of insurance they should purchase.
A. insurance analysis
B. SWOT analysis
C. risk analysis
D. probability analysis

Answers

Answer:

C. risk analysis

Explanation:

Hope it helps

How are the sales tax and the value-added tax similar?

Answers

                     Hey Emma here!

Answer:

Sales tax is collected by the retailer when the final sale in the supply chain is reached via a sale to the end consumer. ... VAT (Value-Added Tax) is collected by all sellers in each stage of the supply chain. Suppliers, manufacturers, distributors and retailers all collect the value added tax on taxable sales.

Bye Have A Nice Day!

José works 30 hours each week. At the end of 6 months (26 weeks), he has made $31,200. How much does José make per hour? A. $40 B. $30 C. $23 D. $17

Answers

José makes $40 per hour He has made $31,200. A $40

$40 José make per hour.  Thus option A is correct.

What is work?

Purpose and very well can be impacted by people's job experiences in a variety of ways. Work promotes personal growth, helps one attain key goals, generates good sentiments about accomplishments, and gives one's life shape and consistency.

In this the data that is presented is

The work which is done in a week is 30 hours.

He has worked for 6 months = 26 weeks

The total amount that is made is $31,200.

If the person worked for  30 hours per day for 26 weeks

then the total amount that he has received will be 30 * 26

= $780

The amount then received per hour will be = $31,200 / $780

= $40

The amount that is been made by Jose will be $40 for the work that he has done.

Therefore, option A is the correct option.

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Fiscal policy is the government’s use of government spending and taxes to influence the economy. For this task, you will choose one tool of fiscal policy—either government spending or taxes—and complete the activities below.
Part A
Which tool did you choose?
Part B
Do you think this tool should be increased or decreased to help the economy?

Answers

Explanation:

Fiscal policy is based on the theories of British economist John Maynard Keynes, which hold that increasing or decreasing revenue (taxes) and expenditures (spending) levels influence inflation, employment, and the flow of money through the economic system. Fiscal policy is often used in combination with monetary policy, which, in the United States, is set by the Federal Reserve to influence the direction of the economy and meet economic goals.

.

After the French were unable to complete the canal, the US took charge of its completion in 1904, and US President Theodore Roosevelt concluded that the US should receive all of the advantages.

He forbade other Panamanian merchants from establishing enterprises in the canal, and US military personnel were employed to complete the project.

Fiscal policy is termed as the policy that is wholly based on the increase and decrease of the revenue or the taxes of the different aspects of the economy like employment level, inflation, money flow in the economy, and the various others that are prevailing in the economic system.

It is used with the intuition to combine with the other monetary policy of the economy and then set the federal reserve for the economy to set its goals and acquire the economic goals of the economy.

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Which situation best illustrates the economic concept of opportunity cost

Answers

Answer: a business spends money on new computers, so it can’t afford de office furniture

Explanation:

A company can't afford office furniture because it's spending money on new computers. As computers are more important than the furniture for working.

What is opportunity cost ?

opportunity cost is the choosing the best alternative use of that resources, as per the economist. It is also the profit suffered when one alternative is chosen over another.

Example of opportunity cost is the if a person has spent the time and money in purchasing the gadgets, then he is not able to purchase the books.

Thus, A company can't afford office furniture because it's spending money on new computers.

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Remy is applying for a job where the employer asks that a cover letter and résumé be submitted. Remy should:
a.
Attach letters of recommendation also
b.
Send the cover letter first, and the résumé later
c.
Submit only the cover letter and résumé
d.
Send the cover letter as an attachment


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

Its C

I took the test

Answer: c

Explanation: I got you

15. (03.03 MC)
Tasha has two credit cards with low balances. She uses them for groceries and entertainment and pays them off in full when they are due each month. What could be
future consequence of this behavior? (5 points)

An increased interest rate

A higher credit score

Loss of credit

More interest

Answers

Answer:

B. A higher credit score

Explanation:

I took the test!

The correct option is B). A higher credit score

What does higher credit score mean?

A higher credit score mean you have demonstrated a good credit behavior in the past.

It may make lenders and creditors more confident when evaluating a request for credit.

Normally, credit scores above 700 are considered good.

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