Whether a business makes a profit or loss is determined by the difference between the total amount of money a business takes in from sales, known as its , and the money needed to operate it, known as

Answers

Answer 1

Whether a business makes a profit or loss is determined by the difference between the total amount of money a business takes in, known as its revenue  and the money needed to operate it known as its expenses.

What is revenue and expenses?

Revenue can be defined as the money a person or an individual makes or money generated from the sales of goods and services.

On the other hand expenses or expenditure can be defined as the money spent after incurring cost or money spent to run a business.

Therefore Whether a business makes a profit or loss is determined by the difference between the total amount of money a business takes in, known as its revenue  and the money needed to operate it known as its expenses.

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Related Questions

Why is it important to include a person’s title when developing a reference sheet?

Answers

It is very important to include a person’s job title when developing a reference sheet because it shows the person’s position and level of experience in his field.

What is a Reference sheets?

In context of recruitment, a reference sheets refers to the documents that specify the people who can vouch for our character. It is mostly important to include one's title when developing a reference sheet because it tells the hiring manager that we have relationships with people who are outstanding in a field.

These sheets are meant to help you get connections that will boost your probability of getting hired. So, the better the job titles of the people that are listed on the reference list, the more confidence you willhave in the hiring process. In most time, the Human Resource will wants to talk to the people who have the credibility to attest to your past performances and credentials.

So, this makes it very important to list those people whom you have worked with in a similar context. For instance, like listing one supervisor on your reference sheet rather than listing someone who is not related to you at work.

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I need help!!! offering brain list (25 points)

Answers

Answer:

legal purpose.

Explanation:

I might be wrong so here are the definitions for all the terms:

legal capacity: a person's authority under law to engage in a particular undertaking or maintain a particular status.

exchange of value: an exchange value, which is the proportion at which a commodity can be exchanged for other commodities; a price (it could be an actual selling price or an imputed ideal price )

Legal purpose: Legal purpose is an insurance principle according to which insurance contracts that insure something illegal or involves illegal conditions are not valid. For example, a liability insurance policy for a bank robbery company would not be valid.

offer and acceptance: the meaning of offer and acceptance is the basis of a contract. To form a contract, there must be an offer made by one party which is, in turn, accepted by another party, and then, in most cases goods and/or services must be exchanged between the two

The steps in the training process include all of the following except

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A systems approach to training is divided into four stages: needs analysis, program design, program implementation, and evaluation.

What comes first in any workout regimen?

Identification and evaluation of needs are the initial steps in establishing a training program. It's possible that the organization's strategic, human resources, or personal development goals have already identified the training needs of its employees.

Assessment, motivation, design, delivery, and evaluation are the five connected steps or activities that make up the process of training.

What is a model of the training process?

A component of instructional design is training models. It involves the process of developing instructional materials for various training requirements. Many businesses invest in training programs for workers to help them advance on the job.

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johann is an german-american. because he's bilingual, he's been assigned to work in germany. which influence tactics would he most likely encounter while working there?

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He would most likely encounter the required influence tactics of exchanging benefits and coalition while working there.

What exactly is a coalition influence tactic?

Creating a support network to extend the leadership's power base, building consensus, specifying a group position, or creating a "us-versus-them" situation are all examples of coalition tactics. Leaders who use the names of their supporters when making a request are also employing this strategy.

What exactly is the Exchange influence tactic?

Exchange. Exchange influence strategies encompass all of the methods we use to persuade people to do things by having to engage in some form of trade. Exchange strategies include putting an incentive on a specific goal and offering a bonus for a specific assignment.

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consider the production possibilities frontier for an economy that produces only sofas and cars. the opportunity cost of each car is?

Answers

The number of cars that would have been given up is equal to the opportunity cost of boosting sofa manufacturing by one unit.

The potential advantages that a person, investor, or business forgoes by choosing one choice over another are known as opportunity costs. Since opportunity costs are by definition invisible, it is easy to overlook them. When a company or person is aware of the opportunities that could be lost by choosing one investment over another, better decisions may be made.

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A written report that contains just a few pages that sum up the marketing plan's main points is called a .

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The marketing plan's main points is called an executive summary. An executive summary, as the name implies, gives a quick review of your marketing strategy. It provides an overview of your brand objectives, marketing goals, and related activities in one or two pages and summarizes the main findings of your marketing research.

The main objectives of the executive summary are to draw the reader's attention and to present a streamlined version of the major document, such as a business marketing plan. The executive summary of your company strategy serves as an overview for readers. It should highlight what they can expect to learn and encourage them to keep reading.

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What should be considered a fixed payment in your budget?

Answers

Answer: student loans

Explanation: Typical fixed expenses include car payments, mortgage or rent payments, insurance premiums and real estate taxes. Typically, these expenses can't be easily changed. On the plus side, they're easy to budget for because they generally stay the same and are paid on a regular basis.

I need help!!! offering brain list

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it is (Sole proprietorship)

Explain three factors that affect supply​

Answers

Answer:

Cost of product, technology, government policies.

consider the sample space S = { copper, sodium, nitrogen, potassium, uranium, oxygen, zinc} and the events

Answers

The elements that belong to events A and C are: Cooper, Sodium, Zinc and Oxygen.

What is event binding?

The union of events is a mathematical term that refers to an operation whose result is composed of all the non-repeated elementary events that two or more sets have in common and not in common.

That is, given two sets A and B, the union of A and B would be formed by all the sets that do not repeat themselves and that have A and B in common.

Which elements correspond to the events A ∪C?

According to the above, it can be inferred that the sets that belong to the binding of events A ∪ C correspond to the chemical elements: Cooper, Sodium, Zinc and Oxygen. Additionally, it can be stated that none of them is a common element in both events, so each event has different elements that form a set of 4 different elements.

Note: This question is incomplete because there is some information missing. Here is the complete information:

Consider the sample space S = (copper, sodium, nitrogen, potassium, uranium, oxygen, zinc)

Consider the events =

A = (Cooper, sodium, zinc)

B = (Sodium, nitrogen, potassium)

C = (oxygen)

List the elements of the sets corresponding to the following events:

A ∪ C

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Choose a business industry you are familiar with and visit your town’s municipal site regarding business licenses. What type of license would be required for that business? How about permits or inspections? Describe the business you chose and include the information you discovered about relevant required licenses, permits, or inspections.

Answers

A catering business is choosed. So for a catering business, it is mandatory to obtain an FSSAI Food Business License.

The target market for a catering business may include the corporate market and the private market. So in order to obtain FSSAI Food Business License, the incorporation documents of the business must be submitted along with proof of your address, identity/resident proof of the promoters and details which has to be as per the application format.

So, for a specific individual to start a business in, obtaining a business license is quite necessary. Thus, this is an important and needed document issued by municipal council.

Hence, obtaining a business liscence is quite necessary for starting any business.

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How many thousands of units of corn can Congo produce in one week? 5 10 20 60

Answers

Answer:

Based on the units of corn and diamonds produced by the United States, the opportunity cost of producing corn is B. 10⁄60.

What is the opportunity cost of producing corn?

The opportunity cost of producing corn to the United States would be the number of diamonds that are given up to make one unit of corn.

This can be found as:

= Units of diamonds / Units of corn

= 10 / 60 diamonds

The answer would be 20

(source is from flvs: economics with financial literacy)

strategic repetition can help do what for a communication?

Answers

Strategic Repetition can help to identify the most important ideas for Communication.

Repetition is a crucial component of good communication since it increases the likelihood that the message will be understood. It will greatly enhance workplace communications in your firm if you make it one of your go-to internal communication strategies. Employees may recall important internal company communication better if it is repeated frequently and across a variety of media.

For instance, it typically takes three to twenty exposures to an advertising for a buyer to contemplate or make a purchase of a product. The lesson won't stick with you until three to twenty exposures have passed. Internal communication can also be analyzed using the Forgetting Curve. After being repeated a few times, your messages are more likely to be seen, heard, and understood by your staff.

The correct question is, "Strategic repetition can help do what for a communication?

identify the most important ideas Reinforce the structure Prove return on investment Eliminate jargon"

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Electronic résumés should be saved as a ____ document.
a.
.text
b.
Plain Text
c.
Text Only
d.
Any of the above

Answers

Electronic résumés should be saved as any of the above document. Therefore, the correct answer option is: D. Any of the above.

What is a résumé?

A résumé is also referred to as curriculum vitae and it can be defined as a short document that is written to briefly outline the qualifications, abilities, experience, and accomplishments of an individual such as a job applicant, haven completed and obtained an academic certificate.

Generally speaking, an electronic résumé simply refers to a short document that is saved and can be shared electronically with any potential employer of labor.

In conclusion, an electronic résumé can be saved as a text, text only or plain text document.

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1. You deposit $1 in a 7 percent account. You want to know how much money you
will have at the end of year 7.

Answers

The money that will be in account would be $8.680

Here, the deposits which are thus made in the account represent an annuity pattern as the deposits made are of a constant amount. They are are made after equal interval of time and are for a defined time period.

Thus, in order to calculate the value of money that we will have after the end of 7 years, we will use the formula for the future value of annuity.

The formula for the future value of annuity is used below.

FV = $1 * [ (1+0.071)^7 - 1 / 0.071 ]

FV = $8.680

Hence, the money that will be in account would be $8.680

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Loxley Corporation is authorized to issue 50,000 shares of $10 par value ordinary shares. During 2022, Loxley took part in the following selected transactions
Issued 5,000 shares at $45 per share, less costs related to the issuance of the shares totaling $7,000

Answers

(a).Dr Cash 218,000

Cr Common Stock 25,000

Cr Paid-in capital - Common stock 193,000

( to record the issuance of 5,000 share at $45 with cost of $7,000)

(b)

Dr Land appraised expenses 46,000

Cr Common stock 5,000

Cr Paid-in capital - Common stock 41,000

( to record the issuance of shares in exchange for land appraisal services at market value of shares issuance)

Explanation:

(a)

Cash receipt is 5,000 x 45 - 7,000 = $218,000; Common stock increase by Par value x stock issuance = 5 x 5,000 = $25,000; Paid-in capital increase by (45-5) x 5,000 - 7,000 = $193,000.

(b)

Common stock increase by par value x stock issuance = 1,000 x 5 = $5,000; Appraisal Expenses is increased at the market value of the shares issuance = 1,000 x 46 = $46,000; Paid-in capital account increase by the amount calculated as ( Share price - Par value) x share issuance = (46-5) x 1,000 = $41,000.

I REALLY NEED TO GET THIS DONE BY 1:00PM

Answers

The three factors that would help to establish that a person is a good citizen would be:

The fact that they follow the set laws and regulations in the nation.They are patriotic citizens They pay their taxes.

Who is a good citizen?

A good citizen can be regarded as a person that is effectively performing the role that he or she has as a member of a society. That is as one that belongs to a particular nation.

Such a person is one that would fulfill all of the obligations that they have in the society. They would do this by voting during elections, participating in the jury process and also by paying their taxes.

A good citizen would also be patriotic to the nation and also try as much as possible to carry all of the ideals of their nation by heart at all times.

This citizen would obey all of the laws of the nation and would also be the type of citizens that would help other members of the society.

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in the former soviet union, producers were paid for meeting output targets, not for selling products. under those circumstances, what were the economic incentives for producers?

Answers

Economic rewards for producers, without regard for cost or quality, to generate just enough to fulfill the output target.

Economics is the study of scarcity and its effects on resource use, the creation of commodities and services, the expansion of production and welfare over time, as well as a economics wide range of other complicated concerns of paramount importance to society. Farmers lower the crop's price as output of the corn crop rises so they can sell more of their harvest. The economics helps people understand the world around them. Minneapolis, Minnesota serves as the corporate headquarters for the American big-box retailer company known as Target. Target ranks as the seventh-largest retailer in the country and is included in the S&P 500 Index. In 1962, Dayton's department store in Minneapolis created Target as its bargain arm.

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Cost of Equity =5%
Cost of debt =7%
% Debt =60%
% Equity =40%
Given the data in the above table, what is the weighted average cost of capital of this company?

Answers

Given the data in the above table,0.062 or 6.2% is the weighted average cost of capital of this company.

Cost of Capital:

The cost of capital is the cost of a company's money in economics and accounting, or "the needed rate of return on a portfolio company's existing securities" from the perspective of an investor. It is used to assess a company's new ventures.

Using the information provided Equity Cost - 40% Debt Cost - 60%

Equity cost with a 40% percentage and a 5% cost:

=0.4 x 0.05 = 0.020

Debt cost with a 60% percentage and a 7% cost

=10.6 x 0.07 = 0.042

WACC = 0.020 + 0.042

           = 0.062 or 6.2%

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what are the solution of demand curve​

Answers

Answer:

The demand curve shows the relationship between the price and quantity demanded of a commodity

Explanation: The relationship is presented using a demand function.

for eg: Q = a - bP

is a linear demand function

A curve is plotted for the function, the demand curve. One can solve for the equilibrium price using demand curve and supply curve. The intersecting point of these curves represents the equilibrium price.

I need help!!! offering brain list

Answers

Answer:

Legal capacity

Explanation:

That means it checks the authority of the person signing the contract. That's what Sally and Kimberly need.

If price elasticity of demand is -1.9 and price increases by 2 percent, quantity demanded will

Answers

Answer:

quantity demanded will decrease by 3.8%

Explanation:

Price elasticity relates price changes to quantity changes

A price elasticity of - 1.9% means that as price increases by 1%, the quantity demanded will decrease by 1.9%

So if price increases by 2%, quantity demanded will decrease by 1.9 x 2 = 3.8%

Answer:

Hi, the answer to the question is a 3.8% decrease in the quantity demanded

Explanation:

The attached image would better explain the solution to you

Choose the three types of social media that you use the most. Approximately how many hours per day do you spend on them? What is the role they play in your life? What do you find are the advantages and disadvantages of using them? Overall, do you see them as a net plus or a net minus in your life?

Answers

Three of the social media that we use are You, What's app and Ins, these have some advantages such as entertainment and communication, but they have disadvantages such as wasting time.

What are social media?

Social media are a term that refers to some digital platforms made up of communities of individuals with common interests, activities or relationships (such as friendship, kinship, work). Social media allow contact between people and function as a means to communicate and exchange information.

What advantages do social media have?

Social networks have some advantages such as:

They allow communication in real time over long distances.They are means to learn new things.They allow you to be in contact with distant family and friends.They allow easy sharing of multimedia files.They allow you to be updated with news and trends.

What are the disadvantages of social networks?You waste a lot of time on social mediaNegatively influences people's emotionsPromotes the consumer societyPromotes stereotypes

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What type of data would be BEST communicated with a bar chart?
A. the percentage of all votes a candidate received
B. voting trends in a district over several years
C. comparing votes that two candidates received
D. why voters chose a certain candidate

Answers

A type of data which would be best communicated with a bar chart is: A. the percentage of all votes a candidate received.

What is a graph?

A graph can be defined as a type of chart that's commonly used to graphically represent data on both the horizontal and vertical lines of a cartesian coordinate, which are the x-axis and y-axis.

The types of graph.

In Science, there are different types of graph and these include the following:

Pie chartDot graphScatter plotLine graphHistogramBar graph

What is a bar chart?

A bar chart is also referred to as bar graph and it can be defined as a type of chart that is used for the graphical representation of a data set, especially by using rectangular bars or vertical columns.

In this context, we can reasonably infer and logically deduce that a bar chart is a type of chart that can be used to graphically represent the percentage of all the votes which a candidate received in an election.

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Jackson investigated loans for a $15,575 car. What might happen if he found a car he liked for $10,000?
O He would have larger monthly payments.
O The lenders will not lend him a smaller amount of money.
O He would still have to take the bank's loan offer.
O The lenders might give him a better interest rate on a smaller loan.

Answers

Answer: He would have a larger monthly payments

Explanation:

If he finds a car for $10,000, then subtract $15,575 from $10,000. Than you will see how much money he has in the loan.

Answer:

The lenders might give him a better interest rate on a smaller loan.

Explanation:

because why would he have larger payments for  a cheaper car, they will lend you ten thousand for a good reason , and they can't force you to take a smaller loan.

Jamie Lee Jackson, age 26, is in her last semester of college and is waiting for graduation day, just around the corner! It is the time of year again when Jamie Lee must file her annual income taxes. Last year, she received an increase in salary from the bakery, which brought her gross monthly earnings to $2,550 and also opened up a TFSA, to which she contributed $300. Her savings accounts earn 2 percent interest per year, and she also had received an unexpected $1,500 gift from her great aunt. Jamie was also lucky enough last year to win a scholarship of $2,000, most of which was deposited into her regular savings account after paying off her credit card balance.

Current Financial Situation

Assets:
Chequing account: $2,250
Savings account: $6,900 (interest earned last year: $125)
Emergency fund savings account: $3,900 (interest earned last year: $75)
TFSA balance: $350 ($300 contribution made last year)
Car: $3,000
Liabilities:

Student loan: $10,800
Credit card balance: $0
Income:

Gross monthly salary: $2,550
Monthly Expenses:

Rent obligation: $275
Utilities obligation: $135
Food: $130
Gas/maintenance: $110
Credit card payment: $0
Savings:

Regular savings monthly deposit: $175
Rainy-day savings monthly deposit: $25
Entertainment:

Cake decorating class: $40
Movies with friends: $60
Questions

Question:
In Jamie Lee’s situation, what is her marginal tax rate? How would a marginal tax rate compare to an average tax rate?

Answers

Gross income = $2,550 salary x 12 = $30,600

raffle prize is $2,000

earned interests are $125 + $75 = $200

IRA deductions are ($300)

Adjusted gross income is equals to $32,500

- standard deduction = ($12,200)

taxable income = $20,300

Taxable income:

The amount of income that must be taxed following a deduction is known as the "taxable income." An individual's income is taxed at the usual state income tax rate. This tax must be paid yearly.

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Owner Andy pforzheimer holds a meeting with his employees in which they discuss food costs. During this meeting, Andy is performing the_______ function of his job.

Chooses are:
Organizing
Leading and Motivating
Planning
Controlling

Answers

Owner Andy pforzheimer holds a meeting with his employees in which they discuss food costs. During this meeting, Andy is performing the Controlling function of his job.

What is controlling?

Controlling is one of the managerial  function and can be defined as the ability of a person to coordinate others or supervise the day to day running of a business so as to ensure smooth running.

Andy is performing controlling managerial function by organizing a meeting with is employee so as to achieve a desire outcome.

Therefore if owner Andy pforzheimer holds a meeting with his employees in which they discuss food costs. During this meeting, Andy is performing the Controlling function of his job.

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Zantano Corporation sells $1,000 worth of goods on June 25 on credit. The customer sends the company a check on August 15. The customer receives the goods on September first. Assuming the company uses accrual accounting, the sale will be recorded in _____.

Answers

Based on the assumption that Zantano Corporation uses accrual accounting, the sale would be recorded in June 25.

What is the Accrual basis in accounting?

The Accrual basis of accounting is a system that calls for expenses being recorded when they were incurred and not when they were paid for. It also calls for revenue to be recorded when the company delivers the goods that it sold and not when the sales were paid for.

Zantano Corporation sold $1,000 worth of goods on June 25 which meant that it delivered these goods to the customer on the same date. The customer did not however pay for the goods and instead bought it on credit. By the Accrual basis however, the sale was delivered by Zantano Corporation on June 25th and so when recording the sale, it would be recorded as having happened on June 25.

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Martha realizes that the microwave she bought is faulty after a month of purchase. The manufacturer of the microwave asks Martha to pay the repair expenses as the fault was with a part that was out of warranty. Martha was unaware of this warranty condition. What should Martha do to resolve her grievance?

Answers

If  Martha was unaware of this warranty condition. What Martha should  do to resolve her grievance is: c. approach the Federal Trade Commission.

What is Federal Trade Commission?

Federal Trade Commission can be defined as  the agent whose sole responsibility is to fight for consumer right  in a situation where buyers of a product are not treated rightly by a seller or when a company defraud a potential customers.

The best thing is for her to approach the federal trade commission and explain what transpire between her and the seller in which this agency will investigate the matter and fight for her right since their duties is to protect buyers from sellers.

Therefore we can conclude that Martha should approach the Federal Trade Commission so as to make her complaints.

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The complete question is:

Martha realizes that the microwave she bought is faulty after a month of purchase. The manufacturer of the microwave asks Martha to pay the repair expenses as the fault was with a part that was out of warranty. Martha was unaware of this warranty condition. What should Martha do to resolve her grievance?

A. pay for the repair

B. contact the Food and Drug Administration

C. approach the Federal Trade Commission

D. buy a new microwave

E. recycle the microwave responsibly

Answer

The answer is C, approach the Federal Trade Commission.

Explanation:

What type of data would be BEST communicated with a bar chart?
the percentage of all votes a candidate received
voting trends in a district over several years
comparing votes that two candidates received
why voters chose a certain candidate

Answers

The percentage of all votes a candidate received is type of data would be BEST communicated with a bar chart.

What is a graph?

A graph is a particular sort of chart that is frequently used to graphically display data on the x-axis and y-axis, the horizontal and vertical axes of a cartesian coordinate system.

What is a bar graph?

A bar chart, often known as a bar graph, is a sort of chart that is used to graphical display a data set, particularly by employing rectangular bars or vertical columns.

In this context, we may logically and properly infer that a bar chart is a sort of chart that can be used to graphically display the proportion of all the votes that a candidate received in an election.

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Other Questions
in the beginning of part two what were the characters attitudes about the monkeys paw Three vertices of a parallelogram are shown in the figure below.Give the coordinates of the fourth vertex. A train of mass 55,200 kg is traveling along a straight, level track at 26.8m / s Suddenly the engineer sees a truck stalled on the tracks 184 m ahead. If the maximum possible braking force has magnitude 84.0 KN, cam the train be stopped in time? (describe overall strategy and provide all relevant details and calculations you find on related slides) Fedualistic relationships can be described as being shaped like what? Directions: Read the passage, study the cartoon, and then answer the questions below This cartoon was drawn after the uprising of the Santee Sioux in 1862. At the time, broken government promises and government apathy had left the Santee facing starvation. Mistrust was the order of the day between the Native Americans and the settlers. An argument between two Santee men over eggs stolen from a white farmer turned into a dare to kill, and five settlers were killed. Anticipating retaliation from the army, the Santee rose up, killing about 450 settlers. United States troops mounted an overwhelming attack, and the Santee were subdued. Dozens were executed, existing treaties were voided, and the Santee were forcibly moved to South Dakota and then to Nebraska, where they remained HE POLLS IDE "Move On" Has the Native American no rights that the Naturalized American is bound to Respect? 1. According to the passage, what was the initial cause of the situation between the Santee and the Settlers? 2. How does the cartoonist use caricature to indicate his feelings about the group of people in the background? 3. What is the meaning of the cartoon's caption "move On"? Who does the man in the middle represent? 4. Which character do you think is the central figure of the cartoon? How does the cartoonist make you focus on this person? In the book Doll Bones what was the main theme in the book? HELP PLEASE!!Amy will run more than 33 miles this week. So far, she has run 21 miles. What are the possible numbers of additional miles she will run? Use t for the number of additional miles she will run. Write your answer as an inequality solved for t. Start the sentence with the word shoes "peter went to school without shoes" rules are not to use other words out of the sentence A line passes through the point (2,7) and has a slope of 5/2 Write an equation in slope-intercept form for this line. space exploration and the four lenses of liberal arts 1. What were the goals of the civil rights movement? List at least three goals of thecivil rights movement. express each of the following rational numbers as decimalsa,4/9 What does the allegory symbolize? Reflection across y=3 QUESTION: According to this photograph, what can you conclude about the effects of globalization? 3. For the number line shown, whichstatement is NOT true? What is the next fraction in this sequence? Simplify your answer. 17/ 18 , 8 /9 , 5/ 6 , 7/ 9 , ... Question 2 of 5Which of the following quotations describes an instance of historical changefrom the passage from Sources of Indiana?A. "The Miamis were hunting in the region of St. Joseph River whenthey were surprised by an army of Iroquois"B. "The Iroquois Indians were the inveterate enemies of the Miamis"C. "At that time the Iroquois were well-armed with guns"D. "The Miami gained a considerable income by keeping a trainedforce there ready to transport boats and cargoes" With its bright gilded dome, fine marble columns, beautiful frescoes and mosaics, and magnificent hand-carved statues, the cathedral is one of the most _____ churches in the world.A. opulentB. gregariousC. haplessD. potable How do heat waves form