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alisha [4.7K]
1 year ago
14

Explain the difference between (b) Expenses and losses.

Business
1 answer:
Sunny_sXe [5.5K]1 year ago
4 0

The primary distinction between expenses and losses is that costs are incurred in order to produce income, whereas losses are often associated with any other activity. the sale of an asset with a long lifespan for less than its book value. a negative verdict in a lawsuit brought against the business.

The cancellation of bonds that are payable at a cost higher than their carrying value An expense is a business's operational cost incurred to produce income. It may deduct tax-deductible expenses on its income tax returns. Either the cash basis approach or the accrual method is used by accountants to record expenses.

To learn more about expenses, click here.

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Which of the following is TRUE of debt securities? (A) Debt securities include preferred stocks. (B) Debt securities typically p
Bingel [31]

Answer:

The statement which is correct and true is that the debt securities usually pay interest for the fixed period or year. Therefore, the correct option is B.

Explanation:

Debt securities are the securities which refer to a debt instrument like CD (Certificate of deposit, preferred stock, corporate bond and municipal bond, it is sold or bought among the parties.

It is also called as the securities which are fixed income, therefore, the statement which is correct is that these securities pay interest for a fixed period.

6 0
3 years ago
the average amount of time between price changes for gasoline is multiple choice two to three months. two to three weeks. two to
melamori03 [73]

In most case, the average amount of time between price changes for gasoline is <u>two to three weeks</u>.

<h3>What is a price changes?</h3>

Most time, a price changes often come about because of changes in the conditions of demand and supply. A gasoline prices tend to always increase when the available supply of gasoline decreases relative to real or expected gasoline demand or consumption.

Some factors that change the price of gasoline are:

  • Crude oil prices
  • Refining costs
  • Taxes
  • Distribution
  • marketing costs.

Read more about price changes

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8 0
1 year ago
In general, how would your best friend describe you as a risk taker?
earnstyle [38]

Answer:

answer is B.............

6 0
2 years ago
A firm has a debt-to-equity ratio of .5 and a market-to-book ratio of 2. What is the ratio of the book value of debt to the mark
ahrayia [7]

Answer: 0.25

Explanation:

The The debt-to-equity ratio is calculated when the total liabilities of w company is divided a by the shareholder equity while the book-to-market ratio is used to know a company's value by comparing the book value of the company to its market value.

Since the firm has a debt-to-equity ratio of .5 and a market-to-book ratio of 2. The ratio of the book value of debt to the market value of equity will be:

= 0.5/2

= 0.25

5 0
2 years ago
A computer shop with three processes (repair, upgrade, and checkout) has two types of customers (upgrade and repair/enhance). A
netineya [11]

Answer:

2upgrade and 21 repair \enhance

6 0
2 years ago
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