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jek_recluse [69]
2 years ago
11

Briefly define net income and net loss.

Business
1 answer:
lesya [120]2 years ago
5 0

Net income refers to the excess of revenue over expenditure of a firm, whereas net loss refers to the excess of expenditure of a firm over its revenue.

Net income refers to the net earnings of a firm. It is calculated by deducting total expenditure from total revenue. Total expenditure may encompass several heads, including business expenses, interest payments,fees, depreciation, taxes, etc. Net income helps to calculate the earnings of shareholders per share.

Net loss refers to the amount by which total expenditure exceeds the total revenue generated by the business operations of a firm. Revenues may be generated from products or goods sold, from transactions, from investments, etc. Net loss is reported as negative net profit on the income statement of firms.

To learn more about net income and net loss : brainly.com/question/17421000

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Which of these is a consumer right recognized by the United Nations? a. right to equality b. right to openness c. right to educa
Gala2k [10]

Answer:

c. right to education

Explanation:

The United Nations Convention for Contracts on International Sale of Goods (CISG) refers to an international trade agreement for the sales of goods in the international market. The Contracts for the International Sale of Goods (CISG) was adopted at the Vienna Convention in 1980.

The main purpose of the international trade agreement is to eliminate or remove any barrier arising from the various domestic laws put in place by different countries with respect to international sales of goods or products.

Also, the Contracts for the International Sale of Goods (CISG) establishes a set of rules to govern and regulate the making and performance of commercial contacts between a buyer and a seller of goods.

The right to education on a particular goods or service is a consumer right recognized by the United Nations (UN).

Additionally, the international trade agreement has helped to make the international sales of goods to be less cumbersome, unambiguous and mitigated the chances of dispute among countries.

3 0
3 years ago
Skaredykat Inc. is considering initial expansion beyond its home market. The firm has decided not to enter markets that differ g
Brrunno [24]

The firm is not engaging in international trade is True.

(B) The firm is using a regional approach to international expansion.

<u>Explanation:</u>

When a company wants it's business to grow and expand in a new country it uses the regional approach. It is generally used when the company is quite established and it has a nice foothold in the country.

In the regional approach the business is first set up in the country and when it gains power it starts spreading across the borders to get a region as a whole.

4 0
4 years ago
What is business etiquette?
musickatia [10]
I think the most appropriate answer would be B. As Business etiquette is about building relationships with other people. Etiquette is not about rules & regulations but is about providing basic social comfort and creating an environment where others feel comfortable and secure, this is possible through better communication







I hope it helped you!
6 0
4 years ago
Read 2 more answers
Suppose the fed decreases the money supply. in response households and firms will​ ________ short term assets and this will driv
Veseljchak [2.6K]
<span>In response households and firms will​ sell short term assets and this will drive​ up interest rates.
</span>

Price stability, High employment, Economic growth and Stability of financial markets and institutions are the four monetary policy goals of the Fed. Sometimes, the Fed <span>can have trouble to distinguish the small ups and downs of the economy from a recession.</span>

7 0
3 years ago
For policymakers the problem with a recessionary gap is _____ and the problem with an expansionary gap is _____.
Verizon [17]

Answer:

The correct answer is option B.

Explanation:

A recessionary gap implies that the resources are not being fully utilized. This means resources are being wasted.  

An expansionary gap, on the other hand, means that the economy is producing at more than potential level. The price level at this point is high. There is a tendency for inflation to develop in this situation.  

To curb the recessionary gap the economy can adopt the expansionary fiscal and monetary policy. While to curb expansionary gap, contractionary monetary and fiscal policy can be adopted.

4 0
4 years ago
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