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
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
You might be interested in
A 25-year-old engineer is opening an individual retirement account (IRA) at a bank. Her goal is to accumulate $1 million in the
dimaraw [331]

Answer:

The minimum deposit will be of 3,081 and after 40 year it will get 1,000,000 dollars

Explanation:

We have to solve for the C of an annuity growing

\frac{1-(1+g)^{n}\times (1+r)^{-n} }{r - g}

g 0.05

r 0.06

C 3,081

n 40

C \frac{1-(1+0.05)^{40}\times (1+0.06)^{40} }{0.06-0.05} = 1,000,000

C \times 324.57 = 1,000,000

C = 1,000,000/ 324.57 = 3,081

8 0
3 years ago
On April 11 of the current year, Zack Corporation had a market price of $48 per share of common stock. Its par value was $10 per
ki77a [65]

Answer:

8%

Explanation:

Dividend yield is a measure of business performance, used by investors which compares dividend paid by a stock to its market share.

Given the above information,

Dividend yield = $3.90/$48 × 100 = 8.13%

4 0
3 years ago
Big and Tall, CPAs, were auditing Mountain Corporation for the year ended December 31, 2019. On January 15, 2020, a major custom
AURORKA [14]

Answer:

The correct answer is Option B.

Explanation:

Based on IAS 10 Events after the Reporting Period, subsequent events can be an adjusting event or non-adjusting event. If it is an adjusting event, it means an event after the reporting date before the audited financial statements are signed that provides further evidence of conditions that existed at the reporting date. However, non-adjusting events are events after the reporting date that are indicative of a condition that arose after the reporting date, this requires disclosure in the financial statements while for adjusting events, the financial statements are adjusted for condition that arose after the reporting date.

The declaration of the customer as bankrupt is an adjusting event since it affects the receivable collection, hence the need to adjust it as uncollectible,

4 0
3 years ago
The method that allocates an equal amount of depreciation to each year of an asset’s service life is:
kvasek [131]

Answer: Straight line method of depreciation

Explanation: Under the straight line method of depreciation the asset is expensed over its useful life. In this method, depreciation or amortization is calculated by dividing the difference of initial cost and salvage value of the asset from its useful number of years.

This method is not commonly used for assets having longer term period but still some business entities use it as it is easy to calculate.

6 0
4 years ago
Indra is using counterfactual thinking to discover alternatives for a past unexpected outcome. What is the next step she should
Olenka [21]

Indra is using counterfactual thinking to discover alternatives for a past unexpected outcome the next step for her is to identify other factors that may serve as hindrance and need to be overcome.

<h3>What is counterfactual thinking?</h3>

Counterfactual thinking is done when an individual needs alternative methods or way to do a thing that has been done.

The initial method may not be as productive as the individual expected.

This will make an individual think of all the factors that may have hindered the desired result.

Therefore, Indra is using counterfactual thinking to discover alternatives for a past unexpected outcome the next step for her is to identify other factors that may serve as hindrance and need to be overcome.

Learn more on Counterfactual thinking below

brainly.com/question/13844623

#SPJ1

7 0
2 years ago
Other questions:
  • The overminustheminuscounter ​(OTC) market is​ ________.
    7·1 answer
  • A risk manager needs to locate a full report of a patient's fall from his bed, including witness reports and probable reasons fo
    10·1 answer
  • The income effect causes quantity demanded to​ ________ when the price of a normal good​ decreases, and causes quantity demanded
    10·1 answer
  • You write a short story, but you want to make sure your work is protected before you post it online. What should you do to help
    11·1 answer
  • In professional baseball, each team plays 160 games. After playing half their games, team A has won 60 and team B has won 49. If
    7·2 answers
  • Lobbyists are able to have influence on the policy-making process aftera law leaves the legislature because
    6·1 answer
  • The Campus Division of All-States Bank has assets of $1,800 million. During the past year, the division had profits of $225 mill
    9·1 answer
  • If the federal reserve lowers the federal funds rate, what will happen to bank savings account?
    10·1 answer
  • Have you ever financed anything on a short term or long term arrangement? ​
    5·1 answer
  • One of the major disadvantages of a sole proprietorship is the: Group of answer choices Possibility of disagreements between own
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!