Answer:
Net profit
Explanation:
Net profit is the monetary reward business people get for engaging in business. Profits calculation is only possible after establishing all the revenues and expenses of a business.
Revenues are all the business income from its activities, while expenses are the costs incurred in business operations. When revenues exceed expenses, a business will realize profits.
Answer:
(A) The equilibrium quantity will increase.
Explanation:
An increase in demand and supply of electric cars would shift the demand and supply curves to the right.
Equilibrium quantity would increase.
Price would not change.
I hope my answer helps you
Answer:
The amount of total assets at the end of the year is $15,600
Explanation:
The computation of the total assets is shown below:
= Borrowed amount + issued stock to owners + purchase of supplies - paid to supplies
= $5,000 + $10,000 + $1,000 - $400
= $15,600
We considered all the items which are given in the question. The payment made to supplies should be deducted as it reduced the balance of cash So, the remaining items would be added
Answer: The correct answer is False.
Explanation: When a customer pays off their credit card balance in full each month there is not a finance charge, which makes this answer false. Interest in not charged to a credit card account until the prior month’s balance is not paid in full.
