The corporation has $88,819 in assets and $45,074 in liabilities, respectively. Equity held by stockholders will be $43745.
How do you calculate stakeholder equity?Equity held by shareholders refers to the sum that a company's founders have contributed to the enterprise. This covers the funds they have directly invested as well as the total amount of profits the business has generated and reinvested since its establishment.
Any investment made by the business's owner counts as equity, as do the total assets less the total liabilities. To give just a few examples, consider common stock, additional paid-in capital, preferred stock, retained earnings, and total other comprehensive income.
The overall liabilities of a company are subtracted from the total assets to determine the stockholders' equity.It is the number of assets still in their possession after all liabilities have been settled. Common stock, paid-in capital, retained earnings, and treasury stock are all examples of stockholders' equity.We have: 88819 - 45074 = 43745
Consequently, the equity of the investors will be $43745.
Therefore, the corporation has $88,819 in assets and $45,074 in liabilities, respectively. Equity held by stockholders will be $43745.
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What are the 6 conditions for valid contract? Explain
For a contract to be valid, certain conditions must be met. The six conditions for a valid contract are as follows1. Offer and acceptance 2. Intention to create legal relations 3. Consideration 4. Capacity to contract 5. Legality of object6.A contract is a legally binding agreement between two or more parties. It outlines the rights and obligations of each party and can be enforced by law.
1. Offer and acceptance ,The first condition for a valid contract is an offer made by one party and an acceptance of that offer by the other party. The offer must be clear and definite, and the acceptance must be unconditional. 2. Intention to create legal relations, Both parties must have the intention to create a legally binding contract. If the agreement is purely social or domestic in nature, it may not be legally enforceable.3. Consideration ,Consideration is the price paid by one party in exchange for something of value from the other party. It can be money, goods, or services. Consideration must be sufficient but need not be adequate
.4. Capacity to contract , Both parties must have the legal capacity to enter into a contract. This means they must be of legal age and have the mental capacity to understand the terms of the agreement.5. Legality of object, The object of the contract must be legal. Contracts for illegal activities, such as drug trafficking, are not enforceable by law.6. Free consent, Both parties must enter into the contract freely and without coercion or undue influence. If one party is forced or threatened into signing the contract, it may be voidable.
The above six conditions must be met for a contract to be considered valid and legally binding.
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1. Assume that United States companies spent approximately $8 billion on paper last year. One company
estimated that it saved $100,000 in paper costs in one year when it replaced paper processing with
computer tablets. How many companies would have to save $100,000 to cover the annual cost of paper
used in the United States in one year?
Answer:
80000 companies (8 billion : 100000)
Scott states that 80% of people are unhappy with their careers, while 20% are happy. Why do you think people work in jobs they aren't happy with?
Answer: There are many reasons why some people may work in a job they aren’t happy with but a big time one is for the money. Some people need the jobs with higher pay or salary. That is just how life works u have to pay the bills somehow so they live with a unhappy job for the pay. I hope that this helps you!
Explanation:
A type of financial aid which must be paid back with interest is called?.
A type of financial aid that must be paid back with interest is called a "student loan."
Student loans are specifically designed to assist individuals in funding their education and are provided by various sources such as government entities, financial institutions, and private lenders.
When students or their parents borrow money through student loans, they enter into a contractual agreement to repay the borrowed amount along with interest over a specified period of time. The interest rates on student loans can vary based on factors such as the type of loan, the lender, and the borrower's credit history.
These loans typically have specific terms and conditions regarding repayment, including options for deferment or forbearance in certain circumstances. However, unlike grants or scholarships, student loans are not considered free financial aid, as they must be paid back in full.
Repayment of student loans usually begins after the borrower completes their education, typically after a grace period. The repayment period can span several years, and borrowers may have different options for repayment plans, such as fixed or variable interest rates, income-driven repayment plans, or extended repayment terms.
It's essential for individuals considering student loans to carefully evaluate the terms, interest rates, and repayment options available to them. They should also consider their future earning potential and their ability to manage loan repayment along with other financial obligations. Understanding the responsibilities and implications of student loans can help borrowers make informed decisions regarding their education financing.
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Tina works a cash register and has to hold her arm at a certain angle to scan her customers' items. What is the ergonomic hazard in this situation?
Select the best option.
Awkward posture
Incorrect tool usage
Relaxed arms and shoulders
Repetitive moveme
Answer:
repetitive movement
Explanation:
i actually had this question in my last period that's so fun hahha good luck
The ergonomic hazard in this situation given above is:
A. Awkward postureAccording to the given scenario, a cashier has to hold her hand in a certain manner in order to properly scan the items of the customers who came to make purchases at the store.
As a result of this, we can see that the ergonomic hazard which is described from the above scenario is that of an awkward posture which Tina, the cashier has to perform.
Therefore, the correct answer is option A
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Louis needs to make an investment that will double in 5 years. Which interest rate, compounded annually, is the
lowest rate that will allow for this to happen?
A 4.4%
B. 7.2%
C. 14.4%
D. 16.6%
C is the correct answer
Just took test
Part 1:
What’s the breakeven point in units—how many dogs will you need to groom in the first year to break even?
If you and your two employees groomed dogs five days a week, seven hours a day, fifty weeks a year, how many dogs would each of you need to groom each day? Is this realistic given that it takes one hour to groom a dog?
Part 2:
If you raised your grooming fee to $38, how many dogs would you need to groom to break even?
At this new price, how many dogs will each of you have to groom each day (assuming, again, that the three of you groom dogs fifty weeks a year, five days a week, seven hours a day)?
Part 3:
Would you start this business?
What price would you charge to groom a dog?
How could you lower the breakeven point and make the business more profitable?
Part 1:
To calculate the breakeven point in units, we need to determine the total fixed costs and variable costs. Assuming that the fixed costs for running the business are $40,000 per year, and the variable costs per dog groomed are $20, the breakeven point can be calculated as:
Breakeven Point = Fixed Costs / (Revenue per Unit - Variable Costs per Unit)
Breakeven Point = $40,000 / ($50 - $20)
Breakeven Point = 1,600 dogs
Therefore, you will need to groom 1,600 dogs in the first year to break even.
If you and your two employees groom dogs five days a week, seven hours a day, fifty weeks a year, you will have a total of 1,050 hours of grooming time per year. Assuming that it takes one hour to groom a dog, each of you would need to groom approximately one dog per hour. This is a realistic target to achieve.
Part 2:
If you raised your grooming fee to $38, the new revenue per unit would be $38, and the breakeven point can be recalculated as:
Breakeven Point = Fixed Costs / (Revenue per Unit - Variable Costs per Unit)
Breakeven Point = $40,000 / ($38 - $20)
Breakeven Point = 2,000 dogs
Therefore, you will need to groom 2,000 dogs in the first year at the new price of $38 to break even.
Assuming that the three of you groom dogs fifty weeks a year, five days a week, seven hours a day, each of you would need to groom approximately 1.9 dogs per hour at the new price of $38 to break even.
Part 3:
Whether or not to start this business depends on various factors, such as your passion for dogs, your experience in grooming, the demand for dog grooming services in your area, and the competition.
The price you charge to groom a dog will depend on the market demand, the cost of running the business, and the profit margin you want to achieve. To make the business more profitable and lower the breakeven point, you could consider the following strategies:
1. Increase your marketing efforts to attract more customers.
2. Offer additional services, such as dog walking or pet sitting, to increase revenue.
3. Negotiate better deals with suppliers to lower your variable costs.
4. Improve your operational efficiency by streamlining your grooming process and reducing wastage.
5. Train your employees to improve their grooming skills and productivity.
Overall, starting a dog grooming business can be a rewarding and profitable venture if done right.
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A company reported net income of $201,400 during 2022. The company reported depreciation expense of $42,000, patent amortization of $13,500 and a $6,400 loss on the sale of equipment. Using the indirect method, how much is the company's net cash flow from operating activities?
The company's net cash flow from operating activities using the indirect method is $244,100.
To calculate the net cash flow from operating activities using the indirect method, we start with the company's net income and adjust for non-cash expenses and gains/losses. In this case, we have the following adjustments:
1. Depreciation Expense: Since depreciation is a non-cash expense, we add it back to net income. The depreciation expense of $42,000 is added back.
2. Patent Amortization: Similar to depreciation, patent amortization is a non-cash expense. We add the patent amortization of $13,500 back to net income.
3. Loss on Sale of Equipment: Losses on the sale of equipment are subtracted as they are not included in net income. Here, the loss on the sale of equipment is $6,400, which is subtracted.
To calculate the net cash flow from operating activities, we take the net income and adjust it for the above items:
Net Income + Depreciation Expense + Patent Amortization - Loss on Sale of Equipment
= $201,400 + $42,000 + $13,500 - $6,400
= $250,500 - $6,400
= $244,100
Therefore, the company's net cash flow from operating activities, using the indirect method, is $244,100.
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What IMC strategy involves a two-way flow of communication between a buyer and a seller and is designed to influence the buyer's purchase decision
The strategy involves a two-way flow of communication between a buyer and a seller is personal selling.
What is communication?It should be noted that communication simply means the exchange of information between the involved parties.
In this case, the IMC strategy involves a two-way flow of communication between a buyer and a seller and is designed to influence the buyer's purchase decision is personal selling.
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Please help, <3
Analyze two pricing strategies for their advantages and disadvantages and give reasons for a business to use each of those pricing strategies.
hope it helps
architects and city planners originally estimated the iconic sydney opera house would be completed by 1963 at a cost of $7 million. a scaled-down version was finally completed in 1973 for $102 million, an entire decade later and 1,475% over budget.which decision-making error does this situation illustrate?
This situation illustrates the decision-making error of overconfidence bias. The architects and city planners had overestimated their abilities to complete the project of iconic sydney opera house within the given budget and timeline.
They had not anticipated the challenges and complexities that arose during the construction process, resulting in a significant delay and cost overrun. The concept of content loaded architects was not applied, as the architects had not taken into account the technical limitations of the time. Ultimately, the decision to proceed with the project without adequate consideration of the potential risks and challenges led to a significant cost overrun and delay.
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Is the accounting profession responded in a timely, comprehensive, and effective manner to stakeholders and business current challenges? Explain
Yes the accounting profession is responded in the way that it wwould take care of current business challenges.
What is the accounting profession?This is the profession where financial analysis and other functions such as auditing are carried out.
The institution today is being structured in a way that it would still be able to meet the goals of the times that we are in.
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A lessee with a finance lease containing a bargain purchase option should depreciate the leased asset over the.
Option D. asset's remaining economic life.
A lessee with a finance lease containing a bargain purchase option should depreciate the leased asset over the asset's remaining economic life.
The IRS rule is that you claim depreciation on leased equipment if your contract is a lease-to-own arrangement. If it's a not-to-own lease, you deduct the payments as a regular business expense, even if the lease meets GAAP's five-fold test for a finance lease.
A bargain purchase option and a guaranteed residual value of identical amounts are in the computation of the annual depreciation. In the case of a guaranteed residual value, the lessee depreciates the asset over the lease life.
Your question is incomplete. please read below to find the full content.
A lessee with a finance lease containing a bargain purchase option should depreciate the leased asset over the.
a."life of the asset or the term of the lease, whichever is longer."
b. term of the lease.
c. period ending with the bargain purchase option date.
d. asset's remaining economic life.
Your question is incomplete. please read below to find the full content.
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
does bank accounts last forever?
Answer:no they don’t
Explanation:
they will become dormant after 24 months
You are really hungry and have been wanting to eat pizza all day. Instead of ordering a medium, you order a large. However, after about 4 slices, you don’t want anymore. This is an example of which factor?
Responses
diminishing personal value
diminishing personal value
substitutes
substitutes
buying power
buying power
diminishing marginal utility
The fact that you ordered a large pizza but after 4 slices, don't want anymore is an example of diminishing marginal utility.
What is diminishing marginal utility?Diminishing marginal utility refers to an economic principle that talks about how the utility or satisfaction that a person gets from each additional unit of an item increases at first, and then decreases.
For instance, the person was really hungry and then ordered a large pizza to be satisfied. But as they ate more slices, they were satisfied less and less and eventually ended up wanting no more slices of pizza.
In conclusion, this is diminishing marginal utility.
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Which part, sentence, or phrase in the passage suggests that the respective entrepreneur is a transformational leader? Four best friends from high school—Erwin, Harry, Mick, and Gary—have gone on to become entrepreneurs. They have very different personalities, and thereby, leadership styles. Erwin A(seems to concern himself with the processes rather than forward-thinking ideas.) Harry is B(finicky about minute details, but always gets the job done). C(Mick seeks advice from others and has great concern for his employees). Gary D(rewards effective behavior of his employees, and corrects them when the expectations are not met.)
Answer:
Garry
Explanation:
Brainliest please! :)
Answer:
(D) "rewards effective behavior of his employees, and corrects them when the expectations are not met."
Explanation:
currently owns 200 shares of abc common stock abc announcers a341 sox play after the split how many shares
The ABC company has announced a 3-for-1 stock split.
After the split, the owner of 200 shares of ABC Common Stock will have 600 shares of stock.
A stock split is a corporate action in which a company divides its existing shares into multiple shares. The new shares created by a stock split are proportional to the existing shares held by the shareholders.
For example, in a 3-for-1 split, each existing share is split into three new shares. The value of the new shares is one-third of the original shares.
As a result, the total number of shares held by the shareholder will be tripled, but the value of the shareholder's holdings will remain the same.
In the case of the ABC company, the shareholder will own 600 shares, each of which will be worth one-third of the original share value.
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Which of the following statements is TRUE?
A. Your portfolio should have a higher allocation toward bonds
and cash equivalents right before you retire.
B. You should try to maximize your investment earnings right
before you retire.
C. Both A and B
D. Neither A nor B
what are the two general areas of specialization in accounting?
Answer:
Financial Accounting. Financial accounting is an area of accounting that deals with the recording, classifying, reporting and interpreting of a business financial performance and economic conditions to interested users ...
Managerial Accounting. Managerial Accounting is an area of accounting that deals with accumulation of financial information and preparation of reports for internal users only, like the company’s management or ...
Cost Accounting. Cost Accounting is an area of accounting that captures and accumulates manufacturing or production costs for internal use of an entity’s management, used in decision making purpose.
Explanation:
What is the purpose of a design brief?
A parcel of real estate has been left to a woman through her husband's will for her use and enjoyment during her lifetime, with the provision that the property goes to her stepson upon her death. The stepson's interest is that of
Answer:
Tenancy by the entirety.
Explanation:
Tenancy by the entirety can be defined as a type of shared property ownership that avails married couples the right of survivorship, such that when one dies the surviving spouse and child has a full time access to the property.
In this scenario, a parcel of real estate has been left to a woman through her husband's will for her use and enjoyment during her lifetime, with the provision that the property goes to her stepson upon her death. The stepson's interest is that of tenancy by the entirety because it is a co-ownership right.
Which type of interest does not change over the life of a loan?
Principal interest
Fixed interest
Variable interest
Annual percentage rate
Answer:
Fixed interest
Explanation:
A fixed-rate mortgage charges a set rate of interest that does not change throughout the life of the loan. You'll know exactly how much each monthly payment will be, as well as how much it will cost you overall to pay off the loan based on that rate.
What is the basis of the law of demand?
Group of answer choices
Self-interested behavior
Marginal utility
Utility curves
Market timing
market timing
Explanation:
because that way u wont miss customers
Fashion Forward, a clothing distributor, wants to ensure it has strong information system controls over the purchasing and payables cycle. Which of the following should be implemented? A. The same person should do the buying and the receiving; however, that person should not have access to the accounting records to ensure appropriate segregation of duties. B. Only accept requisitions against the account code entered by all employees who have identified that goods are needed. C. There should be a periodic check of invoices where no goods have been received. D. The computer should check the requisition against the inventory master file to confirm that the re-order point has been reached. E. Orders placed for supplies not on the approved list should be accepted if they are needed. F. Receiving should enter the details of goods received on the computer against the order. G. Details of invoices should be entered into the computer on receipt, and the computer will match the invoice with the purchase order. Once matched, payment should be processed. It is common practice for companies to make two allowances for doubtful accounts: 1. The specific allowance is based on accounts the company has reason to suspect may not be paid. 2. The general allowance relates to accounts as yet unknown but that experience suggests may not be paid. The likelihood of a receivable account being unpaid is usually assumed to increase the longer it remains unpaid, and many companies determine a general allowance as a percentage of overdue receivables, with an increasing percentage being applied against the longest overdue accounts. You are aware that CAS 540 Auditing Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosures is likely to be relevant to the audit of the allowance for doubtful accounts. Which of the following are procedures an auditor would adopt in verifying the general allowance for doubtful accounts? Perform analytical procedures to ascertain the reasonableness of the provision. Examine bad and doubtful debts written off during the current financial year and consider the extent to which the allowance formula predicts actual experience. Verify the reason for the provision against documentary evidence such as correspondence with customers. Review credit notes issued after the balance sheet date pertaining to amounts outstanding at that date Obtain an understanding of the company's procedures for establishing an allowance Test the aged analysis of receivables
The procedures an auditor would adopt in verifying the general allowance for doubtful accounts include:
1. Perform analytical procedures to ascertain the reasonableness of the provision: The auditor would analyze historical data, such as bad debt write-offs and the aging of receivables, to assess the reasonableness of the general allowance for doubtful accounts.
2. Examine bad and doubtful debts written off during the current financial year and consider the extent to which the allowance formula predicts actual experience: The auditor would review the specific bad debts that were written off during the year and assess how well the general allowance formula predicted these actual write-offs.
3. Verify the reason for the provision against documentary evidence such as correspondence with customers: The auditor would examine relevant documentation, such as correspondence with customers, to validate the reasons behind establishing the general allowance for doubtful accounts.
4. Review credit notes issued after the balance sheet date pertaining to amounts outstanding at that date: The auditor would review any credit notes issued after the balance sheet date that relate to outstanding amounts at that date. This helps to identify any adjustments or updates needed for the general allowance.
5. Obtain an understanding of the company's procedures for establishing an allowance: The auditor would gain an understanding of the company's internal procedures for determining and updating the general allowance for doubtful accounts. This includes assessing the company's methodology, policies, and historical experience.
6. Test the aged analysis of receivables: The auditor would perform testing on the aged analysis of receivables, verifying the accuracy and completeness of the data. This helps to assess the adequacy of the general allowance based on the aging of accounts receivable.
Therefore, the correct procedures an auditor would adopt in verifying the general allowance for doubtful accounts are: perform analytical procedures, examine bad and doubtful debts written off, verify the reason for the provision, review credit notes issued after the balance sheet date, obtain an understanding of the company's procedures, and test the aged analysis of receivables.
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Identify the ethical and social responsibilities of business operations of multinational firms working in a global market. In your discussion, address specifically the following issues: Explain why firms could be held liable when targeting developing countries for low-wage worker by providing real time example. Hint: you may cite the experience of Nike and Reebok in Asia and Nestlé’s and Hershey’s involvement in the chocolate production and cocoa planation in West Africa.
Multinational firms must operate ethically and responsibly; they can be held liable for exploiting low-wage workers in developing countries.
What are multinational firms' responsibilities?Ethical and social responsibilities of multinational firms in a global market
Multinational firms operating in a global market have a responsibility to conduct their business in an ethical and socially responsible manner. These responsibilities include:
Environmental responsibility: Multinational firms have a responsibility to minimize their impact on the environment and to use sustainable practices wherever possible.Labor practices: Multinational firms should respect the labor laws of the countries in which they operate and provide safe working conditions for their employees.Human rights: Multinational firms should respect the human rights of the people in the countries in which they operate.Community involvement: Multinational firms should contribute to the development of the communities in which they operate, through the support of local businesses, charities, and social programs. Liability for targeting developing countries for low-wage laborMultinational firms that target developing countries for low-wage labor can be held liable for violating ethical and social responsibilities. This is because such firms are often accused of exploiting workers in these countries, paying them low wages, and providing poor working conditions.
Real-time example: Nike and Reebok in Asia
Nike and Reebok have both been accused of using sweatshops in Asia to produce their products. These sweatshops often employ low-wage workers who work long hours in poor conditions. Both companies have been criticized for failing to take responsibility for the conditions in their factories, despite evidence of labor abuses.
Nestlé’s and Hershey’s involvement in the chocolate production and cocoa plantation in West Africa
Nestlé and Hershey's have been accused of using child labor in the production of their chocolate in West Africa. Children are often used as laborers on cocoa plantations, where they are subjected to long hours and hazardous working conditions. Both companies have been criticized for failing to take adequate steps to address these issues, despite their responsibility to ensure ethical and socially responsible supply chains.
In conclusion, multinational firms have ethical and social responsibilities to operate their businesses in a manner that respects the environment, labor practices, human rights, and communities in which they operate. Firms that fail to meet these responsibilities, particularly those that target developing countries for low-wage labor, can be held liable for violating these principles. The examples of Nike and Reebok in Asia and Nestlé and Hershey's in West Africa illustrate the importance of these ethical and social responsibilities in a global market.
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How to start off with a paragraph if ur talking about a experience that u have had experiencing in some one else's perspective
Answer:
I think you mean reading in third perspective (him, her, they)
It also depends on the experience you want to talk about.
Business type: "During my time with the (insert job title or name), I have encountered many good and/or bad experiences."
Story type: (introduce the characters in the situation, and then layout the setting, and then tell the story)
What is loan repayment What are the benefits of repaying loan in time?
The act of repaying a lender for money borrowed is called repayment. The loan agreement, which also specifies the agreed-upon interest rate, contains information about the loan's repayment terms.
What is the interest rate?The cost a company charges a borrower is known as something of a risk premium, and it is specified as a % of the principal, and or amount loaned. The annual percentage rate, called APR, is typically used to express the interest rate on a loan.
What do you mean when you say the interest paid?The interest levied is a percentage applied to the principal sum. People choose to save their money in a high bond yields economy because they get more from the interest rate.
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the saturn corporation is incorporated in tennessee, but its corporate headquarters is in delware. as a result, the saturn corporation is:
Since Saturn Corporation is incorporated in Tennessee and headquarter is in Delaware, it will be considered a citizen of both the cities
A corporation is a kind of legal body established by shareholders, stockholders, or other private entities with the goal of generating a profit. Corporations are able to sign contracts, bring legal actions and defend legal actions, own property, pay state and federal taxes, and take out loans from banks.
Before a corporation can start operating, a governing board must be appointed, and the board's members are chosen by shareholders at the annual meeting of shareholders. Each shareholder has one vote and is not needed to participate in the daily operations of the company. However, stockholders can choose to serve on the corporation's board of trustees or as executive officers.
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Sell-side marketplaces are similar to the _________ model; _________ auctions are the key mechanism.
Answer:
B2C; forward
Explanation:
Sell-side marketplaces are similar to the B2C model; forward auctions are the key mechanism.
What is B2C model?The term "business-to-consumer" (B2C) refers to a model of commerce between a company and a single customer. Although B2C is a term that can refer to any form of direct-to-consumer selling, it is currently often used in relation to operating an online store, sometimes referred to as ecommerce.
Business to Consumer (B2C) enterprises are different from Business to Business (B2B) organizations in that they concentrate on selling their goods or services directly to consumers rather than other businesses. .
Shopify is one prominent B2C startup that has created a platform to let small sellers sell their goods online and reach a larger audience.
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