Answer: The process of leading.
Explanation: The process of leading, administrating and directing a company. Business tasks often performed by corporate management might include strategic planning, as well as managing company resources and applying them toward attaining the company's objectives.
Answer:
elasticity of demand is 2.16. Consumers pay a smaller portion of the tax
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Elasticity of demand = percentage change in quantity demanded / percentage change in price
(2/19)(2/41) = 2.16
When the coefficient of elasticity is greater than 1, demand is elastic.
Elastic demand means that a small change in price leads to a greater change in quantity demanded.
Because demand is elastic, more of the burden of the tax falls on producers and consumers pay a small portion of the tax.
I hope my answer helps you
Answer:
A. Dr Accounts Receivable for $569
Cr Supplies $569
Dr Supplies $108
Cr Accounts payable $108
B. Dr Cash $8820
Cr Fees earned $8820
Explanation:
Preparation of the entry to correct the following errors:
A. Dr Accounts Receivable for $569
Cr Supplies $569
Dr Supplies $108
Cr Accounts payable $108
B. Dr Cash $8820
Cr Fees earned $8820
($4410+$4410)
Answer:
True
Explanation:
This is one of the major reason why companies expands its manufacturing department in countries with greater free trade agreements and with geographical importance. This makes the company more oriented towards controlling transportation costs, import duties and other costs and increasing the benefits arising from the economies of scale.
An income statement that includes cost of goods sold as another expense and shows only one subtotal for total expenses is a single step income statement.
A financial statement that outlines the company's revenue and outlays is called an income statement. It also displays a company's profitability or loss over a specific time frame. You can better comprehend the financial health of your company by using the income statement, balance sheet, and cash flow statement.
An overview of a company's revenue and expenses is provided by a single-step income statement. This uncomplicated report simply summarizes a company's bottom-line net income, expenses, and revenue.
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