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sveticcg [70]
3 years ago
13

Explain the following statement: Although the balance sheet can be thought of as a snapshot of a firm’s financial position at a

point in time, the income statement reports on operations over a period of time.
Business
1 answer:
Igoryamba3 years ago
3 0

Answer:

The balance sheet shows the financial position on a specific date. It provides a snapshot of the asset, liabilities and equity position of the company.

whereas in case of income statement it shows the revenues and expenditure incurred during a period of time.

Explanation:

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Street & Smith publishes the same baseball magazine with exactly the same stories but with 16 different covers to appeal to
Lorico [155]

Answer:

The answer is 'One product and multiple market segments'

Explanation:

The market segmentation strategy here is One product and multiple market segments.

The product is one product(the magazine story) and this one product (same story) covers 16 different regions of the U.S i.e the same product is selling in 17 market segments.

The advantage of this strategy is that it helps to avoid the additional costs of developing and producing additional versions of the product.

5 0
3 years ago
The CEO of the Wholesome Food retail grocery chain, which specializes in organic and natural produce and meat, has stated, "The
givi [52]

Answer:

TRUE

Explanation:

The CEO 's belief that he has placed his firm in a slow-cycle industry where <u>concerns about protecting unique competencies dominate concerns about market share,</u> is true

Basically, the CEO operates in a niche market as is reported in the scenario

<u>Niche marketing refers to competing within a narrowly defined market segment with a specialized offering.</u>

Most small businesses are generally not niche marketers; they simply have a very small share of a large segment <u>whereas niche marketers have a large market share in a small/tight segment. </u>

Having therefore established his Niche business in a small segment where he has a large market share (otherwise it would not be a niche business), <u>the concerns will be about protecting unique competencies rather than market share</u>

<u />

3 0
4 years ago
The factors that need to be determined to compute depreciation are an asset's: a.Cost, residual value, and physical life. b.Cost
kumpel [21]

Answer:

d.Cost, residual value, and service life

Explanation:

The depreciation of an asset is the systematic allocation of cost for the use of the asset over its useful life.

Depreciation is usually computed using the formula below

Depreciation  =  (cost - salvage value)/useful life

The difference between the cost and salvage value is the depreciation base of the asset over its entire useful life.

As such, the right option is d.Cost, residual value, and service life

4 0
3 years ago
The standard deviation of a two asset portfolio with a correlation coefficient of .35 will be _______________ the weighted avera
Kobotan [32]
The answer will be equal to!
4 0
3 years ago
What do borrowers use to secure a mortgage loan?
mylen [45]

Answer:

A. and B.

Explanation:

mortgage loans are given to individuals by a certified bank against their property. In order to secure this loan the bank requires a down payment from the individual looking for the loan as well as the individual's credit card information. This credit card will be charged the amount that the individual owes the bank on a monthly basis.

6 0
4 years ago
Read 2 more answers
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