All categories

2 years ago

The activities needed to operate a business can be divided into a number of

1 answer:

8 0

The activities needed to operate a business can be divided into a number of three types of activities. These are operating, investing, and financing activities.

<h3>What are business activities?</h3>

Business activities can be defined as kinds of activities firms conduct for achieving their purpose. It helps in generating revenues and ensuring business continuity.

The major three types of activities are operating, investing, and financing activities. Operating activities support the entity's primary purpose. Financing deals with collecting funds for financial strength and growth. Investing activities are when a business invests in long-term assets.

Learn more about business activities here:

brainly.com/question/14254734

#SPJ1

You might be interested in

sales $ 282,880 $ 270,800 $ 252,600 $ 234,560 $ 150,000 cost of goods sold 128,200 122,080 115,280 106,440 67,000 accounts recei

kherson [118]

Since 2017 will serve as the base year, the denominator for all calculations will be the $150,000 in net sales from that year.

2017: 2018: 2019:

= 150,000 / 150,000 = 234,560 / 150,000 = 252,600 / 150,000

= 100% = 156.37% = 168.40%

2020: 2021:

= 270,800 / 150,000 = 282,880 / 150,000

= 180.53% = 188.59%

The upward trend in this trend's net sales is encouraging.

What is the trend for cost of goods sold?

2017: 2018: 2019:

= 67,000 / 67,000 = 106,440 / 67,000 = 115,280 / 67,000

= 100% = 158.87% = 172.06%

2020: 2021:

= 122,080 /67,000 = 128,200 / 67,000

= 182.21% = 191.34%

This is Unfavorable since the cost of the goods is an expense.

What is the trend for accounts receivable?

2017: 2018: 2019:

= 9,000 / 9,000 = 15,200/ 9,000 = 16,400 / 9,000

= 100% = 168.87% = 182.22%

2020: 2021:

= 17,300 / 9,000 = 18,100 / 9,000

= 192.22% = 201.11%

More Accounts Receivables are a negative because the business needs cash, so they should be reduced.

What is Trend Analysis?

Technical analysis's trend analysis method makes use of trend data that was recently seen in order to forecast future stock price movements. To predict the long-term direction of market sentiment, trend analysis makes use of previous data, such as price fluctuations and transaction volume.

To learn more about Trend Analysis
brainly.com/question/12639072
#SPJ4

4 0

2 years ago

If lynx corp. estimates its bad debt to be 1% of net credit sales, what will be the balance in the allowance for doubtful accoun

hodyreva [135]

<span>Using the numbers as written in the corresponding question, you would subtract 20,000 from 100,000 to get your amount of net profit. The 100k and the 20k are original sales figures, with the 100 being total sales and the 20 being sales returns. After subtracting the total returns you are left with net profit of 80k. You would then multiply the 80k by 1% to get your amount for bad debts. The total would be $800 of bad debt expenses (debts)..</span>

4 0

3 years ago

Your uncle has just purchased a wheat farm and wants your advice on how he should price his product. Explain to your uncle the c

Katena32 [7]

Answer:

the wheat firm is perfectly competitive

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.

he is a price taker and the price of his wheat which would be equal to equilibrium price would be determined by market forces

if he sells at the market price, he would sell all his wheat

Explanation:

If the uncle sells above equilibrium price, he would not sell any wheat

he cannot sell below equilibrium price because he would make losses

4 0

3 years ago

According to economists, inflation is a. eliminated by the government. b. unavoidable, and therefore something beyond the contro

mote1985 [20]

Answer: Option D

Explanation: In economics, inflation means the increase in the general price level of goods in an economy and the decrease in the value of money. This process occurs over a period of time.

In a scenario of inflation the purchasing power of the consumers decreases leading to a decrease in demand. Inflation could be controlled but is unavoidable and hence every economy faces some level of inflation every time.

Hence from the above we can conclude that the correct option is D.

7 0

3 years ago

Chocolate Concoctions , a maker of high end chocolate candies, decided to price its boxes of candies below the long-term market

Airida [17]

Answer:

Option A Penetration Pricing Strategy

Explanation:

The lowest price set below the market price for a long term period is known as Penetration Pricing Strategy. The reason is that the penetration pricing strategy helps the company to make maximum profit by using the price demand relation. In this scenario the company is setting a price which is lowest price in the market and this price brings maximum number of sales and profits. This lowest price makes the competitor's prices unattractive.

6 0

3 years ago

Read 2 more answers