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Provide an examples of ways in which "lifestyle become part of the financial statement" in small and entrepreneurial businesses. Is this good business practice? Explain why your opinion.
1. Make a short response about the above question, and also reply a short comment to the below response. Lifestyle becomes part of the financial statement usually in the asset section of the balance sheet. Whether it taking business covered vacations, buying cars for relatives who work for the company, small business find ways to increase costs on the books in order to lower taxes. This is absolutely a smart business practice since profitability of a small business isn't the most important thing because it doesn't reflect how well the company is operating, so anyway to possibly relieve the company of some taxes is a sound strategy for a company to use.
What criteria do you recommended to determine the credibility of a source of information? Develop a list of no less than 10 elements you would use to determine the credibility of facts, articles, websites, news, etc. Explain each element and why i..
What are the three primary data gathering methods? What method would you use if you were gathering data on a movie studio? A grocery retailer? A pharmaceutical company? Why did you select that method for each of the types of companies identified over..
Formulate a mathematical model of the premier coatings situation that can be used to maximize the total daily profit.
What are some of the limitations of powerpoint? (list at least three). What are the limitations of bullets on powerpoint slides? What did you find most compelling in his discussion of the main NASA slide?
Racer contracted in writing to drive Owners one-of-a-kind, specially designed championship race car in the Miami 500 Race on July 15 for a fee of $2500. On July 1, the race car was destroyed in an accidental fire in a storage warehouse where the race..
To make a map of Earth’s surface on flat piece of paper, some compromises need to be made. If the shapes are accurate, what I general happens to the areas?
How many defectives do you need to find (or more) in a sample of 20 so that you will shut down the line. You want to be 95% sure that there is a real problem beyond random noise before you shut down the line.
If the lot size is 3000, the sample size of 140, and the probability of accepting the lot is 0.798. What is the ATI for this quality level shipment?
A produce distributor uses 1,200 packing crates a month, and each crate is purchased at a cost of $16. The manager has assigned an annual carrying cost of 20 percent of the purchase price per crate. Ordering costs are $40. Currently the manager order..
Calculate upper and lower control limits for both sample means and ranges. Is this process in control? Explain--a simple Yes or No is insufficient
Generate two (2) advantages and two (2) disadvantages of group decision making within the context of deciding how to spend revenue obtained from a new sales tax. Include at least two (2) examples of such advantages and disadvantages to support your p..
What should have been done to comply with OSHA regulations
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