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Sophie [7]
2 years ago
8

Resource providers use accounting information to identify companies with high earnings potential because those companies are bet

ter able to ______.
Business
1 answer:
enyata [817]2 years ago
4 0

Resource providers use accounting information to identify companies with high earnings potential because those companies are better able to make payment for goods or resources they buy and also have the ability to repay debt.

<h3>Why is company with high earning potential sought for?</h3>

Companies with high earnings potential have the capability to manage their company.

Banks and other agencies look to working with them because they have a viable business tat brings in money from where they can also get their own share if they invest with them.

Therefore,

Resource providers use accounting information to identify companies with high earnings potential because those companies are better able to make payment for goods or resources they buy and also have the ability to repay debt.

Learn more on accounting below

brainly.com/question/26692726

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David represents a potato chip company. he calls on supermarkets to discuss pricing and product placement. david is a(n) _____.
MAXImum [283]

Answer:

Trade salesperson.

Explanation:

Trade salesperson: They are the person who keeps in touch with the retailer and helps them to display, advertise and sell a product to the end-user. They also advise retailers on how to push the product in the market and introducing new strategies to promote its product. In the recent era of the supermarket, it is important to position the product at the right place to make it visible to the customer and the right price to make it affordable to the target customer.

5 0
3 years ago
Cameron has applied for a loan to expand his young business. When bankers look for evidence of whether he will be able to repay
Readme [11.4K]

Answer:

what Cameron's firm has done in the past.

Explanation:

Small businesses do request for loans in some cases when they aim at using borrowed funds as capital to become more profitable in their business. When such requests are made, the bank can decide to look at what has been done in the past by the firm to ascertain if they can be able to repay the loan. They usually look at the current and past loans (If any) and debts that have been incurred by the business. In some cases, they also examine the bank accounts the business won and their tax IDs, etc.  

3 0
3 years ago
The following is the ending balances of accounts at December 31, 2021, for the Vosburgh Electronics Corporation:
shtirl [24]

Answer:

Find the balance sheet in attached excel file

Explanation:

Please note that the workings is before the final figures placed in respective columns.

Download xlsx
6 0
3 years ago
The following information is available for Coronado Company: Sales Revenue $389600 Freight-In $29300 Ending Inventory 37400 Purc
Arisa [49]

Answer:

$262,900

Explanation:

Net purchases = Purchases - Purchase return and allowances

Net purchases = 269500 - 14500

Net purchases = $255000

Cost of goods available for sale = Beginning Inventory + Net Purchases

Cost of goods available for sale = 45300 + 255000

Cost of goods available for sale = $300300

Cost of Goods sold = Cost of goods available for sale - Ending inventory

Cost of Goods sold = 300300 - 37400

Cost of Goods sold = $262,900

So, Coronado's cost of goods sold under a periodic inventory system is $262,900.

3 0
3 years ago
Materials used by the Instrument Division of Ziegler Inc. are currently purchased from outside suppliers at a cost of $1,350 per
ehidna [41]

Answer:

the increase in the total operating income is $33,750,000

Explanation:

The calculation of the increase in the total operating income is given below:

= Material units × (outside supplier unit - variable cost per unit)

=75,000 units × ($1,350 - $900)

= $33,750,000

Hence, the increase in the total operating income is $33,750,000

We simply applied the above formula so that the correct amount could come

And, the same is relevant

5 0
3 years ago
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