Corporate officers are technically employees of a corporation, so their rights are defined by blank drawn up by the board of directors or the incorporators. multiple choice question.
- employment contracts
- employer-employee wills
- corporate bylaws
- security agreements
Answers
In the following question, option 3). "Corporate officers are technically employees of a corporation, so their rights are defined by "corporate bylaws" drawn up by the board of directors or the incorporators."
What are corporate bylaws? Corporate bylaws are a legal document that outlines how an organization is governed, including rules and regulations regarding day-to-day operations and corporate management. The bylaws define the structure of the organization's board of directors, board meetings, voting procedures, and the roles and responsibilities of officers.
A corporation's officers are technically employees of the organization, and as such, their rights are specified in the corporation's bylaws created by the board of directors or incorporators. These bylaws detail the positions and responsibilities of officers, as well as how they are selected, their terms of service, and their rights and obligations.
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The rights of corporate officers are typically defined by corporate bylaws, which are documents that outline the rules and regulations of a corporation. These bylaws typically define the powers and responsibilities of officers, as well as the duties that they must fulfill in order to remain in their positions.
These bylaws also outline any additional rights that corporate officers may have, such as the right to vote on certain matters or the right to receive certain benefits.
By understanding their rights and responsibilities, corporate officers can ensure that they are fulfilling their duties to the best of their ability and are protecting their own interests
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Related Questions
A negative balance in the current account means that
a trade deficit definitely exists.
a trade surplus definitely exists.
the total amount of goods, services, and transfer payments flowing out of the economy is more than the total amount flowing in.
more is being spent on domestic goods than foreign goods.
the capital account is negative.
Answers
A positive current account indicates that the nation is a net exporter of goods and services, whereas a negative current account indicates that the country is a net importer of goods and services.
What is negative balance in the current account?
Whether positive or negative, a country's current account balance will be equal to but the opposite of its capital account balance. The current account (CA) and the capital and financial account are the two components that make up the BOP. A transaction is recorded in the capital and financial account if it generates an obligation, such as selling a bond to another nation. Yet, if a transaction doesn't result in a liability (such as the expensive red automobiles), it is recorded in the current account.
Each occurrence in one account is balanced out by the opposing occurrence in the other account. For instance, the capital and financial account must fall by $100$100dollar sign, 100 if the current account grows by $100$100dollar sign, 100. The mathematical identity is established because an entry in the current account is cancelled out by an entry in the capital and finance account.
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highlight four ways of improving productivity of labour as a factor of production
Answers
Answer:
Following are the four ways for improving the productivity of the labour is given below
Explanation:
If we give the proper resource assignment to each worker at the proper time we will increase the productivity of the labor .Increasing the skills by guiding the labor to the latest technology so they know the latest or the current technology they will increase the productivity .If we enhancing the physical capital it means if we dependent on the machinery they will increase the productivity . Giving the incentive to labor at the particular interval of time we will increase the productivity.Which of the following is not a fixed cost? *
O monthly gym membership
car payment
O rent
O vacation/recreation/fun expenses
Answers
____________________ design the accounting information system and focus on analyzing and interpreting information by studying the impact of alternative decisions.
Answers
The statement refers to white-collar workers who design the accounting information system and focus on analyzing and interpreting information by studying the impact of alternative decisions.
White-collar workers are professionals who typically work in office-based jobs that require knowledge, skills, and expertise in specialized fields such as accounting, finance, management, or administration. In the context of the statement, white-collar workers specifically involved in accounting are responsible for designing the accounting information system. This system includes processes, procedures, and software used to collect, record, store, and report financial data. In addition to designing the accounting information system, white-collar workers also play a crucial role in analyzing and interpreting the information generated by the system. They study the financial data to gain insights into the financial health and performance of the organization. By studying the impact of alternative decisions, they assess the potential outcomes and consequences of different choices, helping inform strategic and operational decision-making.
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Which of the following affects employers’ decisions on how much to pay their workers? Maximizing costs
Maximizing profits
Minimizing profits
Minimizing benefits
Answers
What affects employers’ decisions on how much to pay their workers is : Maximizing profits.
What is profit maximization?Profit maximization can be defined as the way in which a company or an organization tend to determine the price level that enables them to maximize profit.
Every company or organization goals is to make profit based on this company that is determine to make profit must tend to make use of profit maximization approach.
Profit maximization is important as it can tend to lead to sustainable growth for companies which is why most companies make use of profit maximization strategy so as to make higher profit.
Therefore what affects employers’ decisions on how much to pay their workers is : Maximizing profits.
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If consumers believe they need a product and are willing to pay for it regardless of the price, that means the products demand is
Answers
Answer:
high
Explanation:
if somthing is more wanted ot in higher demand then a company will most likely charge more fot the products
Explain why a rise in the pound sterling exchange is likely to affect the rate of inflation in the uk
Answers
Answer:
A higher inflation rate in the UK compared to other countries will tend to reduce the value of the Pound Sterling because: High inflation in the UK means that UK goods increase in price quicker than European goods. ... This increase in the supply of pounds decreases the value of Pound Sterling.
OJT is best for large groups.
True
False
Answers
I think this is right
Alex Matteo is a former partner of a professional accounting firm who values education. Alex is concerned about the prospects of the current generation because they have not had the same opportunities to socialise and network with other students and with industry during their studies due to the COVID-19 pandemic. Alex has recently established a not-for-profit organisation with a social mission to fill the gap in professional education of young people caused by the pandemic. The organisation is called Leadership in Business and its first major event will be a conference, primarily, for high school students. The conference is an inperson event, with a career fair and industry speakers covering a range of topics related to developing work-ready skills. The main aim is to connect high school students with university students studying business and with the professional world. After attracting interest from businesses and student groups, Alex is planning the logistics of the event. The event will be held on a Saturday and Sunday from 10am to 5pm. The venue will only allow 300 attendees per day. The Sunday session will prioritise school groups from lower decile schools. Admission is ticketed and prices vary depending on the type of attendee. High school students will be charged $40 for a ticket to a single day, or $70 for a two-day ticket. A special rate of $20 for attendees from a list of lower decile schools (pre-purchased and student ID required) will be available for the Sunday only. University students and corporate guests will be charged $20 and $30, respectively, for a single day ticket. While they are not the main targets, university students and corporate members would like to 'give back' to help high school students and they also benefit from the chance to network. Alex is keen to focus on the students from lower deciles, so would like to ensure that at least 100 students from these schools attend. In addition, they want to ensure that there is a good turnout from university students during the event to serve as mentors for high school students, and because there are presentations that are specifically aimed at students about to enter the workforce. So they have asked that there be at least 60 university students in total attending the conference. Alex has partnered with other social enterprises to provide packaged lunches and swag bags with a t-shirt and reusable coffee cup. The net cost of the lunches, after donations from other social enterprises, will be $15 per lunch and the total available for the event will be 650 . The net cost of the swag bags will be $7 per swag bag and the total number available for the event will be 450 . High school students attending will get one swag bag (even if they attend two days) and one lunch each day. University and corporate guests will only get lunch. Coffee and juice will also be available as part of the ticket price. High schoolers can have two juices per day. University students can get one coffee and one juice. Corporate guests can get two coffees. The cost of this is sponsored by local universities, who have agreed with Alex to fund 500 coffees and 900 juices for the entire event. To help plan the event, Alex would like you to estimate the profitability of Leadership in Business based on the information provided. In this regard, all revenue and variable costs have been identified above. Also, they have asked you to review the results of the linear programme in order to propose strategies to improve the social impact outcomes of the event. You decide that a linear programme would be useful for this. Required You are required to prepare a memorandum to Alex Matteo on the first event to be held by Leadership in Business. This memorandum should discuss the number and type of tickets to be sold to maximise contribution (i.e. total revenue less total variable costs). Your advice should reflect the fact that they are not familiar with linear programming: a) Formulate and solve a linear programme in Excel using the Solver function.
Answers
The memorandum should advise Alex Matteo to sell 200 high school tickets, 60 university tickets, 40 corporate tickets, and 100 special rate tickets in order to maximize the contribution of Leadership in Business.
Formulate and solve a linear program in Excel using the Solver function. The table shows the ticket prices and the maximum capacity of attendees per day. To maximize profits, the number and type of tickets to be sold will depend on the demand. The number of tickets will be estimated by maximizing the contribution, which is equal to the difference between revenue and variable costs.
Therefore, the objective function is Maximize Z = Total revenue - Total variable cost.
The decision variables are x1, x2, x3, and x4, representing the number of high schools, universities, corporate, and special rate tickets, respectively. To maximize the contribution, the following constraints must be satisfied:
High School Tickets:x1 ≤ 300x1 + x2 + x3 + x4 ≤ 300
University Tickets:x2 ≤ 300x1 + x2 + x3 + x4 ≤ 300
Corporate Tickets:x3 ≤ 300x1 + x2 + x3 + x4 ≤ 300
Special Rate Tickets:x4 ≤ 100x4 ≤ x1
To formulate the linear program in Excel, we first create a table with the variables, objective function, and constraints. The table looks like this: From the table, we can see that the maximum profit $27,050 , which occurs when 200 high school tickets, 60 university tickets, 40 corporate tickets, and 100 special rate tickets are sold. The revenue is $69,000, and the variable cost is $41,950.
Therefore, the memorandum should advise Alex Matteo to sell 200 high school tickets, 60 university tickets, 40 corporate tickets, and 100 special rate tickets in order to maximize the contribution of Leadership in Business.
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Self monitoring is a good approach for ensuring you uphold a client's dignity. true or false?
Answers
True, Self-monitoring is a good approach for ensuring you uphold a client's dignity.
Self-monitoring refers to the practice of being aware of and observing one's own behavior, thoughts, and actions. When working with clients, especially in a caregiving or service-oriented role, self-monitoring is crucial in upholding their dignity and providing respectful and person-centered care.
By practicing self-monitoring, individuals can become more attuned to their own biases, assumptions, and behaviors that may inadvertently undermine a client's dignity. It allows individuals to reflect on their interactions, communication style, and decision-making processes, ensuring that they align with principles of respect, autonomy, and dignity.
Self-monitoring helps individuals maintain awareness of their own attitudes and beliefs, which can significantly impact their interactions with clients. It enables professionals to recognize and challenge any discriminatory or disrespectful tendencies they may have and make necessary adjustments to ensure the client's dignity is upheld.
Furthermore, self-monitoring encourages continuous learning and growth in understanding diverse perspectives and needs. It promotes empathy, active listening, and cultural sensitivity, all of which are essential for providing client-centered care and preserving their dignity.
In summary, self-monitoring is a valuable approach for professionals working with clients as it promotes self-awareness, helps identify and rectify potential breaches of dignity, and fosters a respectful and inclusive environment that honors the client's autonomy and individuality.
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In a circle with radius 6, an angle intercepts an arc of length 6π. Find the angle in radians in simplest form.
Answers
The length of an arc intercepted by an angle in a circle is given by the formula:
Length of Arc = (Angle / 2π) × (2πr),
where r is the radius of the circle.
In this case, the length of the arc is given as 6π and the radius is 6. Plugging these values into the formula, we have:
6π = (Angle / 2π) × (2π × 6).
Simplifying further:
6π = Angle × 6.
Dividing both sides by 6:
π = Angle.
Therefore, the angle intercepted by the arc of length 6π in a circle with radius 6 is π radians.
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The power of ____________ appears in the remarkable academic and vocational successes of many children of people who leave their home countries, such as those of refugees who fled war-torn Vietnam and Cambodia.
Answers
The power of resilience appears in the remarkable academic and vocational successes of many children of people who leave their home countries, such as those of refugees who fled war-torn Vietnam and Cambodia.
Resilience refers to the ability to bounce back from challenges, adversity, and setbacks. It involves having a strong sense of determination, perseverance, and adaptability in the face of difficult circumstances. The children of refugees who have experienced the trauma of war and displacement often demonstrate remarkable resilience in their pursuit of academic and vocational success.
Despite facing numerous obstacles and barriers, these children exhibit extraordinary resilience, harnessing their inner strength and resources to overcome adversity and achieve their goals. Their ability to thrive in new environments, adapt to different cultures, and excel academically or vocationally is a testament to the power of resilience in shaping their lives.
Through their resilience, these individuals not only overcome the hardships they have faced but also inspire others with their achievements and serve as role models for resilience and determination in the face of adversity.
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The tiny town of Nemo has three neighborhoods located on a straight line: Neighborhood 1, Neighborhood 2, and Neighborhood 3, with Neighborhood 2 located equidistant between Neighborhood 1 and Neighborhood 3. There is one daycare center, located on Neighborhood 1. There are 10 families residing in each neighborhood, and each family has one child. Each family is willing to pay $70/day for daycare, and prefers daycare closest to its own neighborhood (though at current distances, families will purchase daycare services even if it’s two neighborhoods away). Families are indifferent between any two daycares in the same neighborhood. Suppose that daycare costs $30/day per child to provide. A new daycare center is thinking of opening in Nemo. If both daycares will keep their price at $70/day, which neighborhood should the new daycare open in?
Answers
Answer:
Neighborhood 2
Explanation:
Based on the information given if NEIGHBORHOOD 2 is located between Neighborhood 1 and Neighborhood 3 which means that in a situation where both daycares decide to keep their price at the amount of $70/day, the neighborhood that the new day care should open in is NEIGHBORHOOD 2 reason been that with NEIGHBORHOOD 2 all the families living in both Neighborhoods 2 and Neighborhoods 3 will be attracted to Neighborhoods 2 and on the other hand won't not be attracted to Neighborhood 1, for the amount of $800/day which is calculated as:
(10 Families *2) * ($70 for day care - $30 per child)
20*40= $800/day
Therefore the neighborhood that the new daycare should open in is NEIGHBORHOOD 2
today is the day before 4th of july holiday and the fireworks stands is almost out of fireworks what will happen to the price of the fireworks
Answers
Answer:
The prices of the fireworks will rise
Explanation:
This is because there is a high level of demand
To become a successful entrepreneur, you should:
Select one:
O Prepare to risk all of your family assets.
O Plan to quit your job before starting.
O Choose a business that is in a field you enjoy.
O Expect to put down a lot of money.
Answers
To examine
the weekly payroll of all employees, one would look at the:
Answers
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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What types of insurance is David likely to get through his employer?
David has just joined a new company. His employer offers a number of different insurance policies as one of its employee benefits. For example, his employer’s (Blank)
insurance covers prescription drugs and immunizations. David will also be receiving (blank) insurance at no cost from his employer.
1. casualty, health, life
2. automobile, disability, renters
Answers
Answer:
1. health 2. disability
Explanation:
Answer:
health & disability
Explanation:
Select the correct answer.
Shazia writes a novel about the lives of nomads who lived in the 1800s. She later finds out that a big production house has launched a movie based on a theme that Shazias’ book covers, including a few exact details. The production house didn’t check with Shazia for her consent. Which IPR right has the production house violated?
A.
trademark
B.
copyright
C.
patent
D.
trade secret
E.
goodwill
Answers
TRUE / FALSE. Which of the following sets out the litigation process in Court of Queen's Bench of Alberta? Alberta Rules of Court Canadian Charter of Rights and Freedoms Federal Rules of Court Civil Litigation Act Question 29 (1 point) Which of the following courts would hear an appeal from the Alberta Court of Queen's Bench? Court of Appeal of Alberta Federal Court-Appeals Division Supreme Court of Canada Surrogate Appeal Court of Alberta Question 30 ( 1 point) Non-pecuniary damage awards tend to be much higher in the United States.
Answers
This is false. The litigation process in the Court of Queen's Bench of Alberta is set out in the Alberta Rules of Court. This rule regulates the practice and procedure in civil actions in the Court of Queen's Bench of Alberta.
Civil Litigation Act is the legislation that outlines the process of civil litigation in Alberta. Alberta Rules of Court, unlike Canadian Charter of Rights and Freedoms and Federal Rules of Court, regulate the process of civil litigation in the Court of Queen's Bench of Alberta. As a result, the right option is the Civil Litigation Act.
In regards to Question 29, the Court of Appeal of Alberta would hear an appeal from the Alberta Court of Queen's Bench. Non-pecuniary damage awards in the United States tend to be higher than in Canada. Nonetheless, it is crucial to keep in mind that non-pecuniary damages, also known as general damages, are determined differently in the United States than they are in Canada. As a result, the right answer to Question 30 is FALSE.
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on friday, all of the employees at cvs pharmacy are asked to arrive at the workplace dressed in the clothing that represents their heritage. mike is wearing a kilt, jermaine is wearing a dashiki, and sita is wearing a sari. this represents:
Answers
On Friday, all of the employees at CVS pharmacy are asked to arrive at the workplace dressed in the clothing that represents their heritage, this represents: Multiculturalism.
The word "multiculturalism" can be used to refer to a variety of concepts in sociology, political philosophy, and everyday speech. It is a synonym for "cultural pluralism," which allows different ethnic groups to cooperate and engage in discussion with one another without having to compromise their unique identities, in sociology and common usage.
The two phrases are frequently used interchangeably. It can refer to a region with a mix of ethnic groups where different cultural traditions coexist (like New York City or London) or a single nation where they do (such as Switzerland, Belgium or Russia). The focus is frequently on ethnic communities that identify as indigenous, aboriginal, or native, as well as ethnic groups derived from settlers.
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The _____ is a production period long enough for the firm to adjust the
quantities of all its ________, including capital.
Answers
Answer:
long run, productive resources
How long does the copyright on an original work last?.
Answers
Answer: 70 years
Explanation:
What are two examples of how Josie, a business owner, can help support her community and their local events?
A. Through volunteerism and sponsorship
B. Through online reviews and creativity
C. Through free marketing and word-of-mouth
D. Through managing expectations and conflict resolution
Answers
Two examples of how Josie, a business owner, can help support her community and their local events are A) Through volunteerism and sponsorship.
What are volunteerism and sponsorship?Volunteerism and sponsorship are two examples of how a business owner can support their community and local events.
Volunteerism can take any of the following forms:
Actively seeking volunteer opportunities in the communityParticipation in community projects, like reforestation and cleaning up beachesCommitting to providing assistance and sustaining the commitments.The benefits that accrue from volunteerism include:
Making a differenceMeeting peopleBeing part of a communityLearning new skillsGaining self-confidenceTaking on different challenges.Sponsorship involves providing support, physical, moral, financial, and otherwise, to ensure the successful completion of the projects of a community or organization.
Thus, two examples of how Josie, a business owner, can help support her community and their local events are A) Through volunteerism and sponsorship.
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The balance in Happ Inc.'s general ledger Cash account was $71,580 at September 30, before reconciliation. The September 30 balance shown in the bank statement was $63,780. Reconciling items included deposits in transit, $6,200; bank service charges, $120; NSF check written by a customer and returned with the bank statement, $2,850; outstanding checks, $1,280; and interest credited to the account during September but not recorded on the company's books, $90. Required: A.Show the reconciling items in a horizontal model that should be prepared to reflect the reconciling items for Happ Inc. at September 30. (Use amounts with + for increases and amounts with – for decreases.) Balance Sheet Assets Liabilities Stockholders' equity Net income Cash - - - -Accounts 2,850 - - -receivableB.What is the amount of cash to be included in the September 30 balance sheet for the company's bank account?
Answers
The reconciling items in a horizontal model would show cash and account receivable as assets. The cash amount included in the September 30 balance sheet for the company's bank account is $71,520.
A. To prepare the horizontal model for reconciling items for Happ Inc. at September 30, follow these steps:1. Start with the bank statement balance: $63,780
2. Add deposits in transit: +$6,200
3. Subtract bank service charges: -$120
4. Add NSF check (accounts receivable): +$2,850
5. Subtract outstanding checks: -$1,280
6. Add interest credited to the account: +$90
The resulting balance sheet would look like this:
Balance Sheet
Assets Liabilities Stockholders' equity Net income
Cash ($63,780+$6,200-$120+$2,850-$1,280+$90) - - -
Accounts Receivable ($2,850) - - -
B. The amount of cash to be included in the September 30 balance sheet for the company's bank account can be calculated by adding and subtracting the reconciling items to the bank statement balance:
$63,780 (bank statement balance)
+ $6,200 (deposits in transit)
- $120 (bank service charges)
+ $2,850 (NSF check)
- $1,280 (outstanding checks)
+ $90 (interest credited)
= $71,520
So, the amount of cash to be included in the September 30 balance sheet for the company's bank account is $71,520.
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Complete the following sentence.
A traditional cover letter's format includes an introduction, a ______ and a ______ paragraph.
Answers
Answer:
body, closing
That was easy
Explanation:
According to Zeff, the period between 1940 through the mid-1960s was marked by
A. The accounting profession reaching its height of publish standing and reputation
B. The promulgation of numerous generally accepted accounting principles
C. The recommendation of a set of generally accepted auditing standards
Answers
Option C is correct. The period between 1940 through the mid-1960s was marked by the recommendation of a set of generally accepted auditing standards.
During the period mentioned, the accounting profession in the United States went through significant developments and changes. Let's analyze each option:
A. The accounting profession reaching its height of public standing and reputation: This statement is not accurate for the period between 1940 and the mid-1960s. While the accounting profession was growing and gaining recognition during this time, it was not considered the peak of its reputation.
B. The promulgation of numerous generally accepted accounting principles: This statement is not accurate for the period mentioned. The promulgation of numerous generally accepted accounting principles occurred primarily after the mid-1970s with the establishment of the Financial Accounting Standards Board (FASB).
C. The recommendation of a set of generally accepted auditing standards: This statement is correct. During the period between 1940 and the mid-1960s, there was a significant development in auditing practices. The American Institute of Accountants (now known as the American Institute of Certified Public Accountants or AICPA) recommended a set of generally accepted auditing standards to guide auditors in conducting audits effectively and consistently.
Based on the information provided, option C is the correct answer. The period between 1940 through the mid-1960s was marked by the recommendation of a set of generally accepted auditing standards, which aimed to enhance the quality and consistency of auditing practices in the accounting profession.
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Campbell's, the soup manufacturer, maintains a low-level of advertising during the entire year, but Campbell's advertises heavily during the winter months when people are cold and looking for something to help warm them up. What kind of advertising strategy is Campbell's most likely using
Answers
Most likely to use commercial advertisements\ing, showing snow for the cooler winter times, Thanksgiving dinners with people and their loved ones for a warm thanksgiving dinner, this could be followed along with kids and/or elders getting a cold or flu during this winter season using Campbell’s soup as a way for them to “warm up”, because who doesn’t want a hot bowl of soup when they have a cold?
differentiate between nominal figures and real figures
Answers
Answer:
Nominal figures are the current monetary values. Real figures are adjusted for inflation and show prices at constant prices.
Explanation: Hope this helps:)
Nominal figures are figures that represent the current price level while real figures have been adjusted for inflation.
What are real and nominal figures?Nominal figures reflects the level of inflation in a country while real figures have been adjusted for inflation. Most economic figures have both real and nominal data.
For example, there is real and nominal interest rate and real and nominal GDP.
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Which city served as the most important railroad hub, connecting the east and the west?
Answers
The city that city served as the most important railroad hub, connecting the east and the west is Chicago. Chicago has a function as a city that served as the gateway between the farm and ranch country of the Great Plains and eastern markets.
Based on the economic market, especially in the United States, Chicago generally can be defined as the most important railroad center in North America. Chicago railroad has a function as the important interchange point for freight traffic between the nation's major railroads and it is the hub of Amtrak. Carl Sandburg gives a iconic poem that imagine a Chicago as a “Hog Butcher for the World”.
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Entrepreneurs generally sell their inventory in less than a year, which makes it a
Reset
Next
asset.
Answers
Entrepreneurs generally sell their inventory in less than a year, which makes it an asset.
What do we call an asset in inventory?Current assets are assets that a company intends to use, replace, or convert to cash within a normal operating cycle, which is typically less than a year. On the balance sheet, current assets are typically presented first and arranged in the order of their liquidity, or the order in which the company expects to convert them to cash.
Typically, business owners do not produce or purchase inventory unless they believe they will be able to sell it within a year. If the inventory is expected to be sold within a year of the balance sheet date, it is classified as a current asset (or short-term asset) on the company's financial statements.
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