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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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Why do economists think in terms of costs and benefits
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Explanation:

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Answer:

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3 years ago
Mary Nabholz travels the same way to work every day. She notices advertisements in store windows when the ads first go up. Howev
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The answer is D.This is called adaptation.

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5 0
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Read 2 more answers
Predatory pricing refers to a. All of the above are examples of predatory pricing. b. a firm selling certain products together r
mina [271]

Answer:

d. a monopoly firm reducing its price in an attempt to maintain its monopoly.

Explanation:

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