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
babymother [125]
3 years ago
13

What is a mission statement?

Business
2 answers:
Katyanochek1 [597]3 years ago
7 0

It’s basically what an individual or group/company sets out to do, almost like a goal.

lana [24]3 years ago
5 0

Answer:

A mission statement is a brief introduction of a company because it encompasses the goal and its operational values/standards in a brief statement

Explanation:

Every company/firm has a mission statement and this statement gives an insight of the overall goal of the company, the plans of the company for its primary customers and also the geographic region of operation. a mission statement gives as well the philosophies and standards of operation of the company.

the vision of a company can also be found inside its mission statement and also the advantages of doing business with the company rather than it's competitors can be drawn from the mission statement summary of the company.

lastly the mission statement of a company is usually the first point of contact with the outside world.

You might be interested in
1. What is the advantage of offering more choices for something?
Alika [10]
Know that giving customers too many choices can overwhelm and lead to fewer sales the benefit of limited sharing options
6 0
3 years ago
Garcia Company issues 11.5%, 15-year bonds with a par value of $450,000 and semiannual interest payments. On the issue date, the
noname [10]

Answer:

                                  Journal Entry

Date   Account Titles and Explanation         Debit          Credit

Jan 1   Cash                                                    $511,875

                Bond payable                                                  $450,000

                Premium on bond payable                             $61,875

                ($450,000*13.75%)

           (To record issue of bonds at premium)

4 0
3 years ago
What is capital market?
goblinko [34]
It's a financial market where people can buy or sell long-term debt or equity-backed securities

The example of capital markets are : New York stock Exchange, American stock exchange, London stock exchange, NASDAQ, Etc

5 0
3 years ago
the cost of an automobile is $9,000 and after a period of three years it will have an estimated salvage value of $5,200. a down
Kisachek [45]

Salvage fee is the expected book fee of an asset after depreciation is complete, primarily based totally on what a corporation expects to get hold of in alternate for the asset on the quit of its beneficial life.

The required details for  salvage value in given paragraph

Value of Factors given in query are wrong, accurate values are given below

(P/F,1%,36) = zero.698925

(A/P,1%,36) = zero.033214

Loan amount = 9000 -1000 = 8000

Present really well worth of salvage fee = 5200*(P/F,1%,36) = 5200 * zero.698925 = 3634.41

Required mortgage to be repaid over three yrs = 8000 - 3634.41 = 4365.59

Monthly payment = 4365.59 * (A/P,1%,36) = 4365.59 * zero.033214 = 144.9987 ~ 145.

An expected salvage fee may be decided for any asset that a corporation can be depreciating on its books over time. Every corporation may have its very own requirements for estimating salvage fee. Some agencies might also additionally select to constantly depreciate an asset to $zero due to the fact its salvage fee is so minimal. It is primarily based totally at the fee a corporation expects to get hold of from the sale of the asset on the quit of its beneficial life.

In a few cases, salvage fee might also additionally simply be a fee the corporation believes it is able to achieve with the aid of using promoting a depreciated, inoperable asset for parts.

To know about salvage value click here

brainly.com/question/28344861

#SPJ4

6 0
1 year ago
Brittany, an accrual basis taxpayer, operates a small distribution business. Her records show the following income items for the
Butoxors [25]
Her gross income is $65,975.00 
4 0
3 years ago
Read 2 more answers
Other questions:
  • Customer complaints communicated directly to the company and no one else are important because Group of answer choices they can
    11·1 answer
  • Carla Vista Co. issued $590,000, 10-year, 7% bonds at 101. Prepare the journal entry to record the sale of these bonds on Januar
    9·1 answer
  • Sam Weller is thinking of investing $70,000 to start a bookstore. Sam plans to withdraw $15,000 from the business at the end of
    13·1 answer
  • Brad always buys and uses Nike brand golf balls. If he finds a Titleist or Callaway ball in the rough, he gives it away. Brand l
    10·1 answer
  • Young Corp. purchased equipment by making a down payment of $4,000 and issuing a note payable for $18,000. A payment of $6,000 i
    7·1 answer
  • Dopson's Hardware was in bad financial shape. It owed so much money that vendors put the store on a cash-only delivery basis. As
    7·1 answer
  • A furniture company using accrual accounting purchased 20 sofas in November 2011. In December 2011, 8 of the 20 sofas were sold
    6·1 answer
  • An equitable remedy requiring exactly the performance that was specified in a contract; usually granted only when monetary damag
    12·1 answer
  • If real income rises 4%, prices rise 1%, and nominal money demand rises 4%, what is the income elasticity of real money demand?
    9·1 answer
  • Amateurs who cash bad checks because of some financial crisis but have little identification with a criminal subculture are call
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!