1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
guapka [62]
1 year ago
12

Is it more common for a firm to fail due to lack of sales or poor financial management? multiple choice question.

Business
1 answer:
Nastasia [14]1 year ago
8 0

When it comes to lack of sales or poor financial management, the reason why most firms fail is a. poor financial management.

<h3>Why do companies fail?</h3><h3 />

There are several reasons why a company can fail such as budgetary issues, and a lack of concrete goals to guide the activities of the company.

Most of these things stem from poor financial management however. Think of it this way, if a ship has a bad captain, then the chances of the ship sinking increases.

Poor financial management would lead to money not going to the right expenses which means that the business will make a lot of losses instead of profit and so will close.

In conclusion, between lack of sales and poor financial management, poor financial management is worse.

Find out more on businesses failing at brainly.com/question/13371882

#SPJ1

You might be interested in
Selected information from Peridot Corporation's accounting records and financial statements for 2021 is as follows ($ in million
guapka [62]

Answer:

$43 million

Explanation:

The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.

The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.  

The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.

An increase in assets other than cash is an outflow while an increase in liabilities is an inflow. Depreciation and other non-cash expenses deducted in the income statements are added back while the non-cash income such gain on asset are deducted from net income.

Peridot's Net cash outflows from investing activities (in millions)

= -$38 + $96 + $71 - $86

= $43

The gain from the disposal of land will be deducted from the net income under the cash flows from operating activities while the requisition of own shares is a financing activity.

3 0
3 years ago
_________obtain goods from manufacturers and sell them to consumers.
zzz [600]

Answer:

market?

Explanation:

cause in the end it says sell them

6 0
3 years ago
Read 2 more answers
The two categories of cost comprising conversion costs are
Dmitry [639]

Answer:

b. direct labor and factory overhead

Explanation:

The conversion cost is that convert which is used to convert the raw material to the finished goods inventory. It is a combination of the direct labor cost and the factory overhead or manufacture overhead cost.

It can be fixed or variable marinating costs only. It does not include direct material cost

It is computed by taking a difference of production cost and raw material cost

Hence option b is correct

7 0
3 years ago
Suppose that over the past year, the nominal interest rate was 5 percent, the CPI was 150.3 at the end of the year, and the CPI
makvit [3.9K]

Answer:

The correct answer is option c.

Explanation:

The nominal interest rate was 5 percent.

The CPI was 150.3 at the end of the year, and the CPI was 144.2 at the beginning of the year.

The 5% nominal interest rate means that the dollar value of savings increased at 5%.

Inflation rate

= \frac{(150.3 - 144.2)}{144.2}

= 0.0423 or 4.2%

The real interest rate

= Nominal interest rate - rate of inflation

= 5 - 4.2

= 0.8%

The real interest rate of 0.8% indicates that the purchasing power of savings increased at 0.8%.

3 0
2 years ago
In communication, feedback is a
docker41 [41]
Feedback is when you give a person a thought of how they did something like if you read me a novel I would tell you what you need to improve and what I liked or disliked.
7 0
3 years ago
Read 2 more answers
Other questions:
  • Aruna, a sole proprietor, wants to sell two assets that she no longer needs for her business. Both assets qualify as §1231 asset
    13·1 answer
  • WaterwayCorporation had net credit sales of $13100000 and cost of goods sold of $9070000 for the year. The average inventory for
    9·1 answer
  • ___________________ are cost that make customers reluctant to switch to another product or servicce.
    6·1 answer
  • Match the correct economic terms to their descriptions.
    6·2 answers
  • Help if yk pls and thank uu
    9·2 answers
  • You’re the purchasing manager for a large trucking company, worried about a spike in oil prices come January 15 when you typical
    8·1 answer
  • A bookstore organizes its stock by topic. It has a mystery novel section, a romance novel section, a how-to-do-it section, a tra
    12·1 answer
  • A small firm builds television antennas. The investment in plan and equipment is $200,000. The variable cost per television ante
    11·1 answer
  • Jane Smith, MD, has had a great year in her pediatrics practice and has cash that she wants to invest. Her financial adviser sug
    6·1 answer
  • Business-to-business (B2B) marketing refers to buying and selling goods or services to consumers. True False
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!