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labwork [276]
3 years ago
8

Whether a business makes a profit or loss is determined by the difference between the total amount of money a business takes in,

known as its __________ and the money needed to operate it known as its __________.
Business
1 answer:
elena55 [62]3 years ago
5 0

Answer:

Revenue/Income; Expenses

Explanation:

Profit or Loss is determined as the difference between the revenue made by a business (also known as its income), and the expenses spent in the process of generating that revenue.

Profit/Loss = Revenue - Expenses

If the difference is positive, the outcome is a profit. If the difference is negative, the outcome is a loss.

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The executives of the company need you to present on a new skateboard project which will be manufactured either in-house or in a
Effectus [21]

Explanation:

In this case, we see that the product's life cycle is in the introduction phase.

This is the first phase, where the initial phase of the product's life occurs, it is the phase where a new product will be launched on the market, so in this phase the ideal is to have a market segmentation, which occurs in the identification of a group of people with similar product responses and preferences, in order to find the ideal target audience for the new product to be launched and direct the advertising strategy and product features to that potential audience.

5 0
3 years ago
Suppose in 2020, you purchase a house built in 2014. Which of the following would be included in the gross domestic product for
Tcecarenko [31]

Suppose in 2020, you purchase a house built in 2014. The value of the services of the real estate agent. the value of the services of the real estate agent would be included in the gross domestic product for 2020 This is further explained below.

<h3>What is the gross domestic product?</h3>

Generally, Final products and services—i.e., those purchased by consumers—are included in GDP, which estimates the value of goods and services produced in a specific period of time.

In conclusion, Imagine that in the year 2020 you decide to buy a home that was constructed in 2014. The price that should be paid for the real estate agent's services. The total value of the real estate agent's services would be included in the calculation of the gross domestic product for the year 2020.

Read more about gross domestic product

brainly.com/question/9201016

#SPJ1

7 0
2 years ago
Cashen Co. paid $2,400,000 to acquire all of the common stock of Janex Corp. on January 1, 2017. Janex's reported earnings for 2
andrew-mc [135]

Answer:

(D) $3,588,000.

Explanation:

Consolidated net income is defined as the sum of net income of the parent company (minus income from investment in subsidiary and unrealized income from downstream sales) plus net income of subsidiaries, which results after deducting depreciation (or amortization), income from transactions with the parent company and unrealized gains in inventories.

In the example, the parent company is Cashen Co. and the subsidiary is Janex´s. Recall that a parent company is one that owns more than 50 percent of the shares of the subsidiary, in this case, it is 100%.

According to the information provided, Cashen Co's net income was $ 3,180,000 and neither income from investment in subsidiary nor unrealized income from downstream sales is reported, so it is not necessary to subtract anything.

On the other hand, we know that Janex´s reported earnings totaled $432,000. However, the amortization of allocations related to the investments ($ 24,000) must be subtracted here. Therefore, the net income of that company was $408,000 ($432.000 - $24.000).

Finally, we add the net income of both companies. That is, $ 3,180,000 + $ 408,000 = $ 3,588,000.

<em>Note: I want to point out that there is a typo in the question. It says: "What is the amount of consolidated net income for the year 2010?", instead of "What is the amount of consolidated net income for the year 2017?"</em>

8 0
3 years ago
Various financial data for the past two years follow. LAST YEAR THIS YEAR Output: Sales $ 200,000 $ 220,000 Input: Labor 30,000
Gelneren [198K]

Answer and Explanation:

1.Total productivity = output/input

For last year

Output = 200,000

Input = 30000+35000+5000+50000+2000

= 122000 dollars

Output/input = 200000/122000 = 1.64

For current year

Output = 220000

Input = 40000+45000+6000+50000+3000

= 144000

Output/input = 220000/144000

= 1.53

Percentage change = [(1.53-1.64)/11.64} x 100

= -6.70

Partial measure of labor

For last year

Output = 200000

Input = 30000

Output/input = 200000/30000 = 6.67

For current last

Output = 220000

Input = 40000

Output/input = 220000/40000

= 5.50

Percentage change = (5.5-6.67)/6.67*100

= -17.54%

Percentage measure of raw material

For last year

Output = 200000

Input = 35000

Output/input = 200000/35000 = 5.71

For current year

Output = 220000

Input = 45000

Output/input = 220000/45000 = 4.89

Percentage change = (4.88-5.71)/5.71 * 100

= -14.36%

Percentage measure of capital

For last year

Output = 200000

Input = 50000

Output/input = 200000/50000 = 4

Current year

Output = 220000

Input = 50000

Output/input = 220000/50000 = 4.40

Percentage change = (4.40 - 4.00)/4.40 x 100

= 10%

The overall percentage change for total productivity is negative, this tells us that productivity is on a decline. Partial measure of labor and raw material is decreasing but that of capital is increasing

6 0
3 years ago
Josephine is a teenager who works part-time to make money to pay for the upkeep of her car, gasoline, and car insurance. she als
tino4ka555 [31]

Answer:

The correct answer is: in retail.

Explanation:

To begin with, if Josephine is a teenager who works part-time to make money for her own expenses and also she is like most of american youth who hold part-time jobs then the most probable place to work is in retail, where many teenagers are required due to the fact that the majority of the jobs given in that area are for people who do not need many skills or abilities and therefore that the common action to take is to hire young people to pay low salaries for part-time jobs.

5 0
3 years ago
Read 2 more answers
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