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2 years ago

Economies of scale give an advantage to what type of company?

Business

1 answer:

Mashutka [201]2 years ago

7 0

Answer:

Explanation:

Economies scale is reduction in average cost which is achieved by bigger companies by producing and selling the products at large scale

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State 2 reasons that lead to foreign trade.plz answer asap!!!

inn [45]

For imports:

You import when there is lack of production in your own country

or when another country offers a cheaper price and/or better quality good than your own country's industry

for exports:

production surplus.

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3 years ago

Match each retail term with the correct definition

katen-ka-za [31]

Answer:

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Explanation:

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2 years ago

which one of the following is a potential problem with management's comunication of financial information that causes third part

Otrada [13]

Complexity of transactions affecting the financial statements and

Remoteness of the user from the organization

<h3>What is financial statement?</h3>

The business operations and financial performance of an organization are described in financial statements, which are written records. To ensure accuracy and for tax, financing, or investing purposes, financial statements are frequently audited by government entities, accountants, corporations, etc.

The balance sheet, income statement, cash flow statement, and statement of changes in equity are the four basic financial statements for for-profit entities. Financial statements are used by nonprofit organizations, although they are similar.

Financial statistics are used by investors and financial analysts to assess a company's performance and forecast the course of its stock price in the future. The annual report, which includes the company's financial statements, is one of the most crucial sources of accurate and audited financial data.

Learn more about financial statements

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1 year ago

Insurance is a financial service that allows a:________

Amiraneli [1.4K]

Answer: Consumer share risk with company.

Explanation:

Insurance involves the sharing of risk between a client and his insurer. In insurance the insurer takes a large portion of the risk while the client covers the rest of risk payment.

6 0

3 years ago

Read 2 more answers

Petro Roos is thinking of purchasing the business premises rather than renting it. Provide Two separate advantages and two separ

lilavasa [31]

Answer:

Advantages of buying business premises

There are considerable advantages to securing a mortgage to buy business premises, including:

your mortgage repayment is likely to be similar to or less than a rental payment on the same property
with a fixed rate mortgage, your monthly repayments will be predictable
you aren't exposed to any sudden, large rent increases
you may be able to sublet any free space, reducing your monthly repayments (you may require permission from your lender to do so) and allowing you to generate extra income
interest payments on a commercial mortgage are tax-deductible
any gain in value of the property will increase your capital
as your business grows, you may be able to extend your existing premises, avoiding relocation costs
you have control over what alterations you want to make to your office space

Disadvantages of buying business premises

The disadvantages of buying business premises include the following:

Unlike renting, you'll need to come up with a substantial mortgage deposit - this is money that might be used for more important business purposes.
If you own premises, you may find it harder to relocate your business, because selling business premises is a complex and sometimes lengthy process. If you rent, you may be able to negotiate to end your rental agreement, or to find another organisation to take over your tenancy at short-notice.
If you have a variable rate mortgage, you are exposed to increases in interest rates.
Owning a property means you'll be responsible for factors such as maintenance, fixtures and fittings, insurance, decoration and security, which can prove expensive.
Repaying a commercial mortgage
Commercial mortgage fees and costs
Book traversal links for Advantages and disadvantages of buying business premises

Explanation:

4 0

2 years ago