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Art [367]
2 years ago
8

Mcdonald’s will recognize a gain if it generates an amount of revenue that is higher than its operating expenses. This statement

is.
Business
1 answer:
Katarina [22]2 years ago
4 0

McDonald's will recognize a gain if it generates an amount of revenue that is higher than its operating expenses. This statement is False.

  • Gains are advantages produced by non-operating activity. For instance, McDonald's runs a fast food restaurant. Its main business activity is providing food to clients. Nevertheless, McDonald's engages in operations unrelated to the sale of burgers, fries, etc.
  • For instance, although not being in the real estate industry, the corporation does buy and sell land and structures that house its restaurants. McDonald's would benefit by $30,000 ($150,000 - $120,000) if it sold a piece of land for $150,000 instead of just $120,000. Gain is the term used to describe this $30,000 profit from a non-operating activity. Losses are the costs incurred as a result of non-operating operations.
  • For instance, the company would lose $20,000 ($100,000 - $120,000) if McDonald's had to sell the land it paid $120,000 for for $100,000. In conclusion, typical business activities generate revenues and expenses, while non-operational occurrences generate gains and losses.

Thus the answer is false.

To learn more about revenues and expense, refer: brainly.com/question/13738783

#SPJ4

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Policies related to setting interest rates, control of currency supply, and the buying/selling of treasury bonds are referred co
Zolol [24]

Policies related to setting interest rates, management of money supply, and the buying/selling of treasury bonds are referred collectively as <u>Monetary policy</u>

Monetary policy is primarily involved with the management of interest rates and the total pool of money in circulation and is generally taken out by central banks, such as the U.S. Federal Reserve.

<h3>What is monetary policy and fiscal policy?</h3>

Monetary policy refers to central bank activities that are headed toward influencing the amount of money and credit in an economy. By contrast, fiscal policy guides to the government's decisions about tax and spending. Both monetary and fiscal policies are used to control economic activity over time

To learn more about Monetary policy, refer

brainly.com/question/13926715

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8 0
2 years ago
Gavin's position at Pharma-Tech involves purchasing complex manufacturing components, making decisions based on technical data,
Diano4ka-milaya [45]

Answer:

yo no hablo takataka

Explanation:

taktaltakatakatalatal

7 0
3 years ago
Cash is King!Good cash management is an essential job of the financial manager! You own a small auto sales business called King
fomenos

Answer:

The solution to the given problem is given below.

Explanation:

1. Do you believe that the company needs outside financing?

Yes, Company needs outside finance total $ 40,000 as $25,000 in month of Feb and $15,000 in month of Apr il.

2. What is the minimum line of credit to request from a lender?

Minimum line of credit needed is $40,000

3. Do you think you are a good candidate for the line of credit? Why?

Yes, we are good candidate for line of credit because we can start repayment by May and repay by July and after repayment we will have ending March Cash balance $100,000 .

Detailed calculations are attached with the image.

3 0
3 years ago
The most complex level of culture is the culture trait.
xeze [42]

Answer:

False.

Explanation:

Culture trait is the simplest level of culture. It is an individual tool, act, or belief that is related to a particular situation or need. Using spoons and forks when eating is a culture trait. Another trait is the specific greeting used when meeting people. If you meet a pal, you probably say, “Hello”. On the other hand, when greeting the company's manager you would probably be quite formal. The greeting you use is related to the particular situation or need.

So, Individual culture traits combine to form the next level – culture complexes.

And culture complexes combine to form larger levels called culture patterns. These patterns form important components of a society’s culture.

5 0
3 years ago
A real estate salesperson brings a buyer to a For-Sale-By-Owner transaction. The home sells for $120,000, and the seller agrees
sweet [91]

Solution:

The home sells for = $120000

The commission that is paid by the seller is 3 percent

Therefore, commission = 3% of $120000 = $3600

The sales-person is on a 65 percent commission schedule with her broker which means that the saleperson gets the 65 percent amount of the commission.

Thus, the amount which is received by the salesperson from the given transaction is = 65% of $3600 = $2340

Therefore, the salesperson receives $2340 amount from the said transaction.

8 0
3 years ago
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