Answer: Cash is King; it is the only thing you can spend or invest
Explanation:
Finance is all about cash. Its all about getting cash from those who have it to those who need it so that the latter can invest and earn returns for both them and the people who invested the cash.
Simply put therefore, cash is king in finance. It is the only thing that can be invested so that one gets a return or can be spent so that one's needs are fulfilled. Indeed the term finance means the provision of cash which is why the field is so important. It is safe to say that there can be no economic growth without finance.
Answer:
The journal entry to record the write down is:
Dr Cost of goods sold 1,000
Cr Inventory 1,000
Since cost of goods sold increases, then net income (income statement) will decrease. A decrease in net income will also result in lower retained earnings (balance sheet).
The most popular input measure used to determine progress towards completion is the cost-to-cost basis.
Unavoidable expenses or sacrifices to obtain goods or services with the aim of obtaining benefits; expenses for certain activities, purposes, or time, such as shipping, packing, and sales are intended to generate income in the company's income statement, the cost component is a deduction from revenue.
Costs are sacrifices or expenses made by a company or individual with the aim of obtaining more benefits from the activities carried out. In terms of costs, sometimes it is quite inconvenient to distinguish between costs and expenses. In terms of costs, sometimes it is quite inconvenient to distinguish between costs and expenses.
- Costs: a cost in the sense of sacrifices or expenses made by companies or individuals that are directly related to the output or products produced by the company or individual.
- Expenses: a cost incurred by a company / individual which is only as a supporting activity.
You can learn more about Costs here brainly.com/question/15135554
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Answer: social trends
Explanation: In simple words, social trend refers to the activity that is highly participated by the majority of individuals in a society. These trends are part of the external environment of the business.
In the given case, the company is modifying their products as the customers nowadays are more aware and concerned about the environment. Thus, it is trend that majority of society has become Eco-friendly.
From the above we can conclude that the correct option is B.
