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dangina [55]
2 years ago
10

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

Business
2 answers:
Vinvika [58]2 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]2 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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Horizontal channel conflict can arise for a variety of reasons. An example would be a toy manufacturer selling its toys through
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Answer:

a. Undifferentiated products and variable prices in the various channels.

Explanation:

Horizontal Channel Conflicts arises when there is disagreement between two or more members of the channel. If the toy manufacturer sells toys to toy store and department stores, a possible reason for disagreement could be on variable price among the two channels.

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3 years ago
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________ said, "Develop your people to do their jobs better than you can. Transfer your skills to them. This is exciting but it
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Answer:

Bill Gates said, "Develop your people to do their jobs better than you can. Transfer your skills to them. This is exciting but it can be threatening to a manager who worries that he is training his replacement. Smart managers like to see their employees increase their responsibilities because it frees the managers to tackle new or undone tasks."

Explanation:

Bill Gates is an American computer pioneer and philanthropist. He is a co-founder of Microsoft, where he was the chairman of the board. He has now left the day-to-day work at Microsoft to work full-time within the Bill & Melinda Gates Foundation. According to Forbes magazine, Gates is the second richest person in the world (after Jeff Bezos) with a fortune of about $105 billion.

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2 years ago
Rumba Dance Hall is considering offering a wedding reception package that includes the ballroom rental, decorations, a wedding c
ASHA 777 [7]

Answer:

B) Increases profits by $700.

Explanation:

We must perform an incremental analysis of the costs and revenues generated by the alternative course of action which is offering the package:

Current income:

ballroom rent                              $4,500

<u>extras                                             $800</u>

total current income =                $5,300

Alternative action income:

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8 0
3 years ago
Scoop Masters Inc. has been charged by Fab Flavors Corp. with stealing Fab Flavors' patented process for making ice cream. After
amm1812

Answer:

No - FALSE

Explanation:

Scoop Masters Inc. has been charged by Fab Flavors Corp. with stealing Fab Flavors' patented process for making ice cream. After the papers are filed, Scoop Masters begins shredding all documents pertaining to its ice cream-making process. Since no motion has been made requesting production of documents, Scoop Masters has done nothing wrong is a false statement. Scoop Masters Inc. has done really wrong. They have stolen someone else's idea of making a product even without their consent and then without mentioning their name and rights and trademarks. Moreover, they shredded all the proof in order not to be caught by the court in law. They have some serious crime which is totally wrong and unacceptable in all cases at all grounds.

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3 years ago
Accounting profit differs from economic profit because:
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Answer:

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Explanation:

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