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Hunter-Best [27]
3 years ago
6

A firm's financial statements are generally assumed to include its income statement and balance sheet. Which of the following pi

ece of information is provided by a firm's balance sheet? A. Taxes. B. Revenues. C. Liabilities. D. Costs. E. Profit
Business
1 answer:
stellarik [79]3 years ago
5 0

Answer: Liabilities

Explanation: The Balance sheet which is also known as the statement of financial position represent or shows an entity financial position at a single point in time. That is, it shows the Owners equity(capital), Liabilities and Assets of a firm for a financial period, usually a year.

On the other hand, the income statement shows and entity profitability over a period of time

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If you were opening a new business, would you select a location closer to or farther away from a business that sold a similar or
allsm [11]

Answer:

Depends on how big your business is and what you can offer.

Explanation:

If you have a business that is bigger and has more to offer than the other company i would select a closer location. If you have a smaller business and have less or an equal amount to offer mover farther away. Try comparing the two business to each other. Think of your pro's and con's.

4 0
3 years ago
Define the concept entrepreneur​
Katena32 [7]
An entrepreneur is a person who manages and organizes a business. They also assume the risk of the business or enterprise.
8 0
3 years ago
Read 2 more answers
Sales price $6.74 per unit
stiks02 [169]

Answer:

Margin of safety = 3190.922902 units rounded off to 3191 units

Explanation:

Margin of safety is the cushion or extra number of units that the business sells over the break even point in units. The break even point is the point where total revenue equals total cost and the business earns no profit or no loss. To calculate the margin of safety in units, we deduct the break even number of units from the budgeted number of units or sales.

Margin of safety = Budgeted units  -  Break even number of units

First we need to calculate the break even in units. The formula for break even in units is,

Break even in units = Fixed cost / (Selling price per unit - Variable cost per unit)

Break even in units = 9376 / (6.74 - 2.33)

Break even in units = 2126.077098 rounded off to 2126 units

Margin of safety = 5317  -  2126.077098

Margin of safety = 3190.922902 units rounded off to 3191 units

7 0
3 years ago
Look at the table supply of lemonade. if the price of lemonade is $1 per cup, the total quantity of lemonade supplied will be:
yan [13]
We'd need the table to be sure.
3 0
3 years ago
Mary's a marketing manager for a nationwide restaurant chain. She's considering which channel she should use to advertise her re
Vilka [71]

Answer:

Television

Explanation:

By doing the promotion in a television could be beneficial for the company as most of the audience are habitual to see the television and ofcourse many of them could aware of the company product by seeing the attractive schemes that ultimately benefit to the company and the customers

So in order to upgrade the menu, Mary used traditional channels and to reach to a broad audience, the television is one of the most traditional channel used

8 0
3 years ago
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