Chapter 1 Discussion Questions 1. What advantages does a sole proprietorship offer? What is a major drawback of this type of organization? A major drawback is that there is unlimited liability to the owner. The advantage is simplicity of decision making and low organizational and operating costs. 2. What form of partnership allows some of the investors to limit their liability? Explain briefly. It allows some of the partners to limit their liability. With this arrangement‚ the partners
Premium Corporation Types of companies Management
Good evening class. Welcome to our version of Acco 400. Our assigned topic is chapter 4 – efficient market securities. We will be asking questions throughout our presentation and we have prepared a small pop quiz at the end to help get you some participation marks. And I’ll start by introducing our group to the class. My name is Kristina this is Chris‚ Yuanhao‚ Johnathan and Victoria. Here’s a Brief overview of what we will be talking about…. Now let’s begin the lecture…..chris the floor
Premium Financial markets
Chapter 4 Process Costing Chapter 4 Process Costing Solutions to Questions 4-1 A process costing system should be used in situations where a homogeneous product is produced on a continuous basis. 4-2 Job-order and processing costing are similar in the following ways: 1. Job-order costing and process costing have the same basic purposes—to assign materials‚ labor‚ and overhead cost to products and to provide a mechanism for computing unit product costs. 2. Both systems use the same basic
Premium Costs Variable cost Cost
Wheat Flour (Dry) Milling (3) What is the primary objective of wheat flour milling? The primary objective of wheat flour milling is to produce flour. (From Class Source) (3) What is/are the main coproducts from flour milling? The main coproducts from flour milling is bran‚ germ‚ and middlings. (From Class Source) (5) Compare the tempering step for corn dry milling with wheat flour milling. Discuss The differences or similarities in moisture added and time needed Corn Dry Milling tempering
Premium Wheat Rice Flour
CHAPTER 4 PRESENTATION‚ ANALYSIS AND INTERPRETATION OF DATA This chapter presents the analysis and interpretation of data gathered out of the instruments used in the study‚ and is presented according to the specific problem sited in chapter 1 and should present the answer to the test of the hypotheses. The result of the study is presented using the tabular presentations (use of statistical table)‚ graphical presentation (use of graphs)‚ and textual presentations (use of statements or sentences)
Premium Number
Name______________________________ Class __________________ Date ______________ Chapter 4 Ecosystems and Communities Section 4–1 The Role of Climate (pages 87–89) This section explains how the greenhouse effect maintains the biosphere’s temperature range. It also describes Earth’s three main climate zones. What Is Climate? (page 87) 1. How is weather different from climate? Weather is the day-to-day condition of Earth’s atmosphere at a particular time and place
Premium Earth Climate Climate change
Chapter 3 #2 - When is a company’s competitive advantage most likely to endure over time? A company’s competitive advantage is most likely to endure over time when the company has built barriers to imitation‚ which make it difficult for a competitor to copy the company’s distinctive competencies. Another element needed is the ability to quickly react to changes in the customer’s needs and have a high absorptive capacity in order to identify‚ value‚ assimilate‚ and use new knowledge. Lastly‚ the
Premium Southwest Airlines Innovation Customer
CHAPTER 10 Cash Flows and Other Topics in Capital Budgeting ANSWERS TO END-OF-CHAPTER QUESTIONS 10-1. We focus on cash flows rather than accounting profits because these are the flows that the firm receives and can reinvest. Only by examining cash flows are we able to correctly analyze the timing of the benefit or cost. Also‚ we are only interested in these cash flows on an after tax basis as only those flows are available to the shareholder. In addition‚ it is only the incremental
Premium Net present value Cash flow
Katie Widdowson CU1521 Support Children and Young People’s Health and Safety 4.1 Explain the policies and procedures of the setting or service in response to accidents‚ incidents‚ emergencies and illness. The nursery has a legal responsibility to keep all children and staff safe and healthy at all times whilst in the setting. The policies explains that the nursery will provide appropriate treatment and First Aid if an accident or emergency situation occurs or if a child is taken ill. The nursery
Premium Safety Emergency evacuation Accident
taxed as flow-through entities? The two main business entities that are taxed as flow-through entities are partnerships and S corporations. Partnerships are taxed under Sub-chapter K and consist of general partnerships‚ limited partnerships‚ and limited liability companies (LLC). S corporations are taxed under Sub-chapter S. Both these types of business entities are treated as flow-through entities and are taxed accordingly. 5. What is the rationale for requiring partners to defer most gains and
Premium Types of business entity Corporation Partnership