[4/4, 12:33] +254 786 314318:

Business Management

From the area of business you stated above (business management) identify a relationship between variables that can be estimated with a linear regression.

1. state the dependent variable

2. state one independent variable that could explain why the dependent variable changes

3. state whether you think that independent variable will have a positive or a negative impact on the dependent variable and explain your answer.

[4/4, 12:33] +254 786 314318: Flag

BUSINESS LAW

Computers, Inc. (Computers) and Management Enterprises Company (Management) agreed that Computers would sell Management its computing business, including the land on which the business was situated, for $600,000. Both Computers and Management knew at the time the contract was formed that the business and land were actually worth $1,000,000. Is this a valid enforceable sales contract?

A. No, because Computers would not have agreed to sell the business for 40% less than its value unless it was under duress by Management to sell.

B. No, because $600,000 is not valid consideration for a business worth $1,000,000.

C. Yes, provided the contract was in accordance with state statutory law that permits real estate sales for 40% or more below market value.

D. Yes, provided the contract was in writing, in accordance with the Statute of Frauds, and the parties freely consented.

4) What is the most appropriate business structure for the following Business people? a) Three close university friends who have recently qualified as dentists b) An up-and-coming artist c) A group of 35 accountants who have recently met at a conference and want to establish an accounting practice within the sports industry4. Given a Book_Order table as shown below, normalize it to a set of 3NF relations in DBDL. Book Order Records BookID BookTitle BookCategor Publisher Publisher Coursel CourseName Order y ID Name D Copy BOOI Database Computer P101 Wiley 0111 Oracle 95 M222 MySQL 55 B002 Programmi Computer P101 Wiley J888 Java Program 80 ng C777 C++ program 60 B003 Business Business P102 Prentice A211 Accounting 90 Accounting B004 Business Business P103 Pearsoned A211 Accounting 66 Law (a) Normalize the table given to a set of third normal form (3NF) relations using DBDL format.2. Preparation of final accounts is governed by different Acts, Laws, Standards and Principles like Income tax law, Company Act, Partnership Act, Accounting Standards (AS), Generally Accepted Accounting Principles (GAAP) etc., used for valuation of financial transactions/events to standardize accounting information, which in turn depends upon type of organization concerned. The final accounts are prepared based on the nature of operations of these types of businesses. Differentiate between the following types of final accounts; a. Trial Balance and the Balance sheet b. Manufacturing Account and Trading Account c. Trading Account and Profit and Loss Account d. Income statement and Balance Sheet