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Blababa [14]
4 years ago
10

Which type of small store carries a limited line of high-turnover convenience goods and makes most of its revenues from cigarett

e, beverage and gasoline sales?
Business
1 answer:
mina [271]4 years ago
4 0
This type of store retail business is called the convenience store. They stock a wide variety of goods every day and may also offer other services such money order or wire transfers. A great example is the chain of 7-11 stores.
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Answer:

b. = 31,740,000

Explanation:

69,000,000 - 46% = 37260000

69,000,000 - 37260000 = 31,740,000

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2 years ago
Private individuals who provide seed capital to young ventures are known as _____.
Karolina [17]
They are known as angel investors
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3 years ago
The economic resources that are owned by a business are called stockholders' equity.
SOVA2 [1]
<span>The economic resources that are owned by a business are called stockholders' equity. 

False</span>
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3 years ago
maria has decided to send a letter to her state representative regarding the ten industrial plants in her community that release
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Maria involved with tragedy of the commons phenomenon.

The required details for tragedy of the commons in given paragraph

In economics, the tragedy of the commons is a scenario wherein man or woman users, who've open get right of entry to to a useful resource unhampered with the aid of using shared social systems or formal guidelines that govern get right of entry to and use, act independently in step with their personal self-interest and, opposite to the not precise of all users, reason depletion of the useful resource via their uncoordinated action. The idea originated in an essay written in 1833 with the aid of using the British economist William Forster Lloyd, who used a hypothetical instance of the results of unregulated grazing on not land  in Great Britain and Ireland. The idea have become broadly referred to as the "tragedy of the commons" over a century later after a piece of writing written with the aid of using Garrett Hardin in 1968. Faced with proof of ancient and present commons, Hardin later retracted his authentic thesis, mentioning that the name must have been "The Tragedy of the Unmanaged Commons".

Although taken as a hypothetical instance with the aid of using Lloyd, the ancient death of the commons of Britain and Europe resulted now no longer from misuse of long-held rights of utilization with the aid of using the commoners, however from the commons' owners enclosing and appropriating the land, abrogating the commoners' rights.

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2 years ago
How are revenues and expenses reported on the income statement under (a) the cash basis of accounting and (b) the accrual basis
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Answer:

(a) <u>Under Cash Basis of accounting</u>

Revenues and expenses are recorded either when payment is made or payment is received. It relates to accounting receipts and payments. The drawback of this approach being, it ignores accounting period as it places relevance on actual receipts and payments.

(b) <u>Under Accrual Basis of Accounting</u>

Under accrual basis, a transaction is recorded when income is earned and when expenditure is incurred and not when actual cash for the same has been received and paid for.

Accrual system of accounting is more prudent form of accounting and ensures transactions relating to a period are recorded and accounted for in that particular period.

4 0
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