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
insens350 [35]
1 year ago
12

Fairlawn Partners Consulting is a management-consulting firm that provides its expertise to businesses that employ its services.

Since it does not hold an inventory of goods or produce any goods itself,
Business
1 answer:
Romashka-Z-Leto [24]1 year ago
8 0

Its gross profit could be identical to its net revenue. There might not be a cost of goods sold in a service business. There is no distinction between net revenue and gross profit in this instance.

<h3>What are businesses?</h3>
  • The practice of earning a living or generating revenue via the production, acquisition, and sale of items is known as business (such as goods and services).
  • Additionally, it includes "any activity or enterprise undertaken for profit."
  • The owner of the business is responsible and liable for any obligations made by the business since the business entity is not legally distinguished from the owner by the use of a business name.
  • If a firm accrues debt, creditors may seize the owner's personal property.
  • Corporate tax rates are not permitted in a firm structure.
  • All business income is subject to personal taxation for the proprietor.
<h3>What is Management?</h3>
  • Management (or managing) is the process of overseeing the operations of a company, nonprofit, or governmental entity.
  • It is both the science and the art of managing a company's resources.
  • Setting an organization's strategy and managing employee (or volunteer) efforts to achieve goals through the use of available resources, such as financial, natural, technological, and human resources, are included in management.

Learn more about businesses here:

brainly.com/question/15826771

#SPJ4

You might be interested in
A company has beginning inventory of 10 units at a cost of $10 each on February 1. On February 3, it purchases 20 units at $12 e
Gre4nikov [31]

Answer:

b) $124

Explanation:

FIFO means first in, first out. Under this principle, goods that were purchased or produced earlier will be the first ones on sale.

The value of the goods sold in our case will be as follows.

The first ten items   @ $10: 10X10 =$100

Two items to make   [email protected] $12: 2x12=$24

 

Total cost: $100+$24= $124

7 0
3 years ago
GASB has issued a proposed standard that would more clearly define fiduciary activities and change the categories of fiduciary f
kramer

Answer:

a. Custodial fund

Explanation:

Custodial transaction and fund refers to the transaction, in which there is a beneficiary and a responsible. The responsible person manages the transactions of custodial account, and takes proper care of return and investment on such account.

This is basically an agency service as the person who is beneficiary is just depositing the amount top be invested which is then taken care of as an agent.

The correct option is a.

Custodial Fund.

3 0
3 years ago
In marketing, the term __________ is used to describe the number of stores in a geographical area—and type of intermediaries to
HACTEHA [7]

The answer would be geomarketing. The type of intermediaries that can be utilized are as follows:

1. retailers- outlets that trade directly to household customers

2. wholesalers- their main purpose is to sell to retailers

3. distributors- similar to wholesalers but sell one line of product only

4. agents- main purpose is to act as the main representative of the company

4 0
2 years ago
Chair P, from Design Solutions, cost $60 per chair. Chair Q, from Seat Unlimited, costs $90 per chair. An office manager often h
quester [9]

Answer:

\frac{\$60p+\$90q}{p+q}

Explanation:

Data provided in the question:

Cost of chair P = $60

Cost of chair Q = $90

Number of chair P ordered = p

Number of chair Q ordered = q

Now,

Total number of chairs ordered

= Number of chair P ordered + Number of chair Q ordered

= p + q

Total cost of chairs ordered = $60p + $90q

Therefore,

Average cost of a chair

= [Total cost of chairs ordered ] ÷ [Total number of chairs ordered]

= \frac{\$60p+\$90q}{p+q}

8 0
3 years ago
What is the mean 2019E EV/Revenue multiple in the Online Direct Sales comps group in 2019?
ddd [48]

Answer:

The question is not clear and complete.

Let me explain how you can calculate Enterprise Value (EV) to Revenue Multiple

Explanation:

A Enterprise Value (EV) to Revenue Multiple is used to value a business by dividing its enterprise value by its annual revenue. The formula to calculate the Enterprise Value (EV) to Revenue Multiple is EV/Revenue

EV = Enterprise Value

EV can be denoted as (Equity Value + All Debt + Preferred Shares) – (Cash and Equivalents)

While Revenue = Total Annual Revenue

This can be calculated when we have a share price, shares outstanding, debt, and cash or its equivalence.

8 0
3 years ago
Other questions:
  • Knowledge about challenges specific to the operations function can help marketing personnel to judge how _____________ new produ
    13·1 answer
  • The budget components for Park Company for the quarter ended June 30 appear below. Park sells trash cans for $12 each. Budgeted
    5·1 answer
  • A short summary of one's skills, educational background, employment history and accomplishments is a résumé.
    9·2 answers
  • Hockey Accessories Corporation manufactured 21 comma 100 duffle bags during March. The following fixed overhead data pertain to​
    5·1 answer
  • g You borrow $10,000 from your bank to buy a new car. If the loan is for four years at 7% annual interest and payments are made
    6·1 answer
  • Are firms like homebuilders that sell products whose demand depends partly on demographic factors likely to be more or less affe
    10·1 answer
  • When a spelling error is indicated, what is a quick way to see a list of possible corrections?
    7·2 answers
  • All of the following are methods of evaluating the risk of a project except multiple choice the net present value profile a mont
    7·1 answer
  • In a word document, conduct a cost-benefit analysis where you write all of the costs (monetary and non-monetary) and compare the
    12·1 answer
  • Which principle of john rawls is often included on job applications or organizational websites?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!