Answer: Balance Sheet
Profit and Loss Statement
Cash Flow Statement
Explanation:
Balance Sheet or the statement of Financial Position is a report that shows the assets that your business owns against your equity and liabilities. This report can help you make asset purchasing decisions or decisions about how to fund the acquisition of new assets.
Profit and Loss Statement: shows a detail of the income your business has earned, the expenses you incurred to earn this income and your profit/loss. This report can help you figure out if your expenses are too high or the prices you charge for your goods/services are too low.
Cash Flow Statement: shows your liquidity position at different points during a financial period. This report is important as it allows you to see periods when you may need an extra inflow of funds to keep your business operational and can help you decide when to apply for bank loans or whether to delay the purchase of some assets.
Answer:
The manufacturer will have a c. Loss
Explanation:
The break-even point is the level of production at which the costs of production equal the revenues for a product and calculated by using following formula:
Break-even point in units = Fixed cost/(Selling price per unit-Variable cost per unit) = $50,000/($16-$7) = $50,000/$9 = 5.556 units (rounding)
The manufacturer produces and sells 3,000 units per month < Break-even point in units. Therefore, the manufacturer will have a loss
Answer:
a
Explanation:
i dont knowis correct that
Answer:
product mix
Explanation:
Based on the information provided within the question it can be said that these assorted product lines might be described as Life is Good's product mix. In the context of marketing, this term refers to the total range of several related products that have been placed for sale individually by a company that is currently offering these products in the target market or industry that they are in.
Answer:
b
Explanation:
Objectivity and indepedence are something which the auditor has to look at before accepting the audit of the company. If they are not objective and independent they cannot accept the audit.
