Answer:
True
Explanation:
An income statement is among the three important financial statements that a business prepares at the end of every financial year. It is divided into three main sections of revenues, expenses, and income.
The revenue section lists all sources of revenues and any adjustments to obtain the net revenue. The expenses section shows all business expenses and their total. The income section is the difference between revenue and expenses. A positive income means the made profits, while a negative income indicates losses.
An example of a special endorsement is...
A. "For Deposit Only" followed by your signature
B. "Pay to the Order of John Smith" followed by your signature
C. "Transfer to Savings" followed by your signature
D. Signing your name as written on the "Payee" line
Answer:
B. "Pay to the Order of John Smith" followed by your signature
Explanation:
In a special endorsement, the payee authorizes payment to be made to another party. The payee is the person whose name appears on the front of the check is drawn to their favor. A special endorsement is when the payee instructs the check to be paid to someone else.
In the special endorsement, the payee writes at the back of the check," pay to the order of'': and writes the name of the person to receive the money and signs.
In the ________, the perfectly competitive firm will react to losses by __________________________ .
Answer:
Lon run, Increasing it's Production
Explanation:
I majored in Business
All funds entrusted to a licensee on behalf of another party in the practice of real estate are by definition ______.
Answer:
Trust funds.
Explanation:
An agency can be defined as a mutual relationship existing between two parties, wherein a principal authorizes the agent to act as the principal's representative or on his behalf (fiduciary role) in dealing with third parties.
All funds entrusted to a licensee on behalf of another party in the practice of real estate are by definition known as trust funds.
This ultimately implies that, the legal entity or real estate agent (trustee or licensee) would, d be held responsible for the losses, legal claims and damages incurred by the owner of the property (beneficiary), whether or not the agent's actions were authorized or unauthorized by the principal.
Hence, a trustee is liable for acts or contracts entered into by an agent when he or she gives an agent either actual authority (power of attorney) or apparent authority.
Any recommendations of how to convince my parents to get me a dog?
Answer:
ok so u have to get a pet rock first u name it u take it out to go to the bathroom and everything u would do with a dog and it shows your parents you're ready for one u have to show them that u know how to take care of one first
Explanation:plz mark me branlyiest this worked for me so yea hope it helped
Please help solve this
Answer:
The Gross Domestic Product of the territory is $ 172 million.
Explanation:
The Gross Domestic Product (GDP), measured in monetary units, is the market value of all goods and services within a territory in a given period of time, usually annual, which is estimated by the following expression:
[tex]GDP = C+BI+GEx+GEn+E-I[/tex] (1)
Where:
[tex]C[/tex] - Consumption.
[tex]BI[/tex] - Business investments.
[tex]GEx[/tex] - Government expenditures.
[tex]GEn[/tex] - Government entitlements.
[tex]E[/tex] - Exports.
[tex]I[/tex] - Imports.
Please notice that positive sign represents money that has entered into the economy of the territory.
If we know that [tex]C = 50\times 10^{6}[/tex], [tex]BI = 10\times 10^{6}[/tex], [tex]GEx = 75\times 10^{6}[/tex], [tex]GEn = 38\times 10^{6}[/tex], [tex]E = 12\times 10^{6}[/tex] and [tex]I = 13\times 10^{6}[/tex], then the GDP of the territory is:
[tex]GDP = 50\times 10^{6}+10\times 10^{6} + 75\times 10^{6}+38\times 10^{6}+12\times 10^{6}-13\times 10^{6}[/tex]
[tex]GDP = 172\times 10^{6}[/tex]
The Gross Domestic Product of the territory is $ 172 million.
The total of all planned real expenditures in the economy is A. aggregate demand. B. aggregate consumption. C. aggregate GDP. D. aggregate spending.
Answer:
b its b
Explanation:
Information about a property that has a significant bearing on a buyer's decision to purchase that property is referred to as a
Answer: Material fact
Explanation:
Material fact would be defined as a fact that would be important to a potential purchaser in deciding whether to buy a property or not. It influences a purchaser's decision on a property, whether to buy at all or at a certain price.
Which person has the lowest taxable income
Person A:earns 50,000 per year with 5,000 deductions
Person B: earns 60,000 per year with 10,000 deductions
Person C : earns 90,000 per year with 30,000 deductions
Person D : earns 100,000 per year with 60,000 deductions
Taxable income refers to the amount of income remaining as a tax base for a period of time after all allowable deductions have been spent on total revenue. Person D has the lowest taxable income here.
What is Taxable Income?Income that is subject to taxation and is reflected in the accumulation of a particular benefit or benefit to the taxpayer in particular.
The income on which the Government imposes a tax is called as taxable income.
Here, Person D income is 100,000 and deductions are 60,000. so now, to calculate the taxable income, we have to deduct 60,000 from 100,000 that is 40,000 will be his taxable income.
Thus, Person D has the lowest taxable income.
To learn more about taxable income, refer:
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Chyou has heard that gas appliances are cheaper to use and can lower utility costs. She is interested in purchasing a new gas dryer to replace her electric dryer. Assuming that the dryer drys one load per day, use the following chart to determine how much Chyou will save each year in utility costs by purchasing the gas appliance.
Answer:
Its b 105.85
Explanation:
It just is break it down
Answer:
B.
Explanation:
Correll Company has two divisions, A and B. Information for each division is as follows: Division A B Operating Profit $40,000 $260,000 Investment in Division $100,000 $1,200,000 Weighted Average Cost of Capital 12% 12% Profit Margin Percentage 10% 20% What is the investment turnover for Division A?
Answer:
The investment turnover for Division A is 4.
Explanation:
The computation of the investment turnover ratio for division A is shown below
Operating profit = $40,000
Profit margin percentage = 10%
Profit margin percentage = Operating profit ÷ Net sales
10% = $40,000 ÷Net sales
Net sales = $400,000
Investment = $100,000
Now
Investment turnover = Net sales ÷ Investment
= $400,000 ÷ $100,000
= 4.00
hence, The investment turnover for Division A is 4.
Which is not a restriction based on Child Labor Laws in Pennsylvania?
A - Minors can not sell or serve alcoholic beverages
B - Must have working papers
C- Minors may not work more than 28 hours in a school week
D- Someone 16 years or older can not work before 8 a.m.
Answer:
A
Explanation:
Hopefully this helps