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dangina [55]
3 years ago
10

When the revenue for a business is less than its costs, it is making a profit

Business
2 answers:
Vinvika [58]3 years ago
6 0

Answer:

False

Explanation:

Is exactly the opposite. The necessary condition for profit making is having a revenue higher than costs. Accordingly to the following equation:

Profit = revenue - costs, where revenue > costs. If cost is greater than revenue , the bussines is losing money

torisob [31]3 years ago
3 0
NO, if reveneu is less then cost then company is in loss as following forumula: Net profit (loss) = Revenue - Cost
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Fiduciary activities are reported only in the fiduciary fund financial statements; they have no effect on the governmental or bu
LuckyWell [14K]

Answer:

The correct answer is True.

Explanation:

Fiduciary assignments that have as their object the realization of investments, the administration of goods or the execution of activities related to the granting of guarantees by third parties to ensure the fulfillment of obligations, the administration or surveillance of the goods on which the guarantees fall and the carrying them out, subject to the restrictions established by law; act as transfer agent and register of securities; act as a representative of bondholders; act as trustee, curator of property or as depositary of sums recorded in any court, by order of judicial authority or by determination of persons who have legal power to designate them for such purpose.

Fiduciary companies may carry out investment trust operations through commercial fiduciary contracts, concluded in accordance with legal formalities, or through fiduciary orders.

Fiduciary activities are not reported in the government-wide financial statements

They may form ordinary common investment funds integrated with monies received from various constituents or adherents for this purpose.

4 0
3 years ago
Read the passage. Then answer the question that follows. Nikia designs and produces board games that she sells online. She forme
liberstina [14]

I would say the C. is the correct answer, because if the 3D Printer prints the pieces faster, the games are sold more frequently. I hope this helps, and that it makes sense to you.

6 0
3 years ago
Tasty Subs acquired a delivery truck on October 1, 2021, for $22,500. The company estimates a residual value of $2,700 and a six
mixer [17]

Answer: Depreciation expense for 2021 = $825

Depreciation expense for 2022 =$3, 300

Explanation:

Using  Straight line depreciation

We have that our Annual depreciation= Purchase price - salvage value / useful life.

$22,500 - $2,700 / 6

=19,800/6

$3, 300

Depreciation expense for 2021  ( from October to December )

$3,300 x 3/ 12= $9,900/12

=$825

Depreciation expense for 2022 (  From January  to December)

Annual Depreciation = $3,300

6 0
2 years ago
Because users often neglect to create strong​ passwords, some organizations choose to also employ​ ______ authentication using f
zloy xaker [14]

<span>Because users often neglect to create strong passwords, some organizations choose to also employ biometric authentication using fingerprint scans or retina scans.</span>

Biometric authentication is a security feature used in computer science that relies on biometric identifiers, measurable characteristics of the human body, to enhance the processes of authentication. 

3 0
3 years ago
PC Bell, a computer manufacturer that sells computer systems directly to customers, buys a computer chip for $180, software for
Colt1911 [192]

Answer:

Price at which this system is sold is $1,980

so correct option is B. $1,980

Explanation:

given data

computer chip = $180

software = $350

printer = $50

value added = $1,400

to find out

price at which the system is sold

solution

Price at which this system is sold is

system is sold = computer chip + software  + printer + value added

so

Price at which this system is sold is = $180 + $350 + $50 + $1,400

Price at which this system is sold is $1,980

so correct option is B. $1,980

3 0
3 years ago
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