Answer:
True
Explanation:
An income statement is among the three important financial statements that a business prepares at the end of every financial year. It is divided into three main sections of revenues, expenses, and income.
The revenue section lists all sources of revenues and any adjustments to obtain the net revenue. The expenses section shows all business expenses and their total. The income section is the difference between revenue and expenses. A positive income means the made profits, while a negative income indicates losses.
Answer:
It will order 3,865 booklets
Explanation:
We need to use the formula for Economic Optimal Quantity
Where:
D = annual demand
S= supply cost = ordering cost
H= Holding Cost
It will order 3,865 booklets
<u>How to Remember:</u>
Demand per year and order cost goes in the dividend.
Holding cost goes in the divisor.
Answer:
The correct answer is letter "A": Are amounts owed to suppliers for products and/or services purchased on credit.
Explanation:
Accounts Payable is the amount of the total invoices currently awaiting payment by the company. These invoices are from suppliers of products and services that have recently been delivered. They are usually due within 15, 30 or 45 days after receiving the invoice from the vendor.
Life without math cause math helps science out ,bills and taxes just calculating things overall involves math into it
Answer: Judgment is a conscious act and involves reasoning. Intuition is the ability to acquire knowledge without inference or the use of reason. It's automatic without requiring thought. Think of how with experience to something, you can automatically react to a situation because your mind has internalised a response.
Explanation:
