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allsm [11]
3 years ago
6

Gross profit does not appear to be:

Business
1 answer:
frozen [14]3 years ago
7 0

Answer:C. on a single-step income statement.

Explanation:A single-step income statement is a type of statement that lists all expenses in a single column,there is no separate column for the different types of costs. All the costs such as such as Operating and non-operating costs and cost of goods sold are all reported in a single column.

THIS TYPE OF INCOME STATEMENT IS USUALLY UTILIZED BY SMALL SCALE BUSINESS ORGANISATIONS SUCH AS SOLE PROPRIETOR AND PARTNERSHIP.

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Ted works in his family's bakery business. they supply bread and rolls to neighboring restaurants, and have their own store-fron
Liono4ka [1.6K]

I guess the correct answer is rivalry among existing firms in an industry

Ted works in his family’s bakery business. They supply bread and rolls to neighboring restaurants, and have their own store-front where they sell breads, rolls, pastries, cookies, and cupcakes. Ted thinks he should put free Wi-Fi in the store front (which seats about 15 people).

The idea that reflects one of Porter’s five competitive forces is the rivalry among existing firms in an industry.

3 0
4 years ago
A doctor wants to start a business that produces medical equipment. Though she is an expert on medicine, she realizes she will n
nekit [7.7K]

Answer:

Limited company (LTD)

Explanation:

Limited company allows the organization to issue ownership shares that can be sold to investors to help with finances. It also let her give shares as payment to a co-founder who knows more about manufacturing products than herself.

8 0
3 years ago
Read 2 more answers
Which of the following is not true regarding economic exposure? a. The impact of a change in the local currency on inflow and ou
Natali [406]

Answer:

Option A The impact of a change in the local currency on inflow and outflow variables can sometimes be indirect and therefore different from what is expected.

Explanation:

The reason is that the changes in the currency exchange rate in which the company receives the payment and is also not a home currency, such risk exposure is known as economic exposure. So the only option that correct here is option A.

Option B is incorrect because depreciation is non cash item and it is not exposed to currency fluctuations.

Option C and D are also incorrect because domestic firms don't face any economic exposure.

8 0
4 years ago
Farber Corporation uses a job-order costing system. The information below is from the financial records of the company for last
Anvisha [2.4K]

Answer:

d) $300,000.

Explanation:

Paticulars Amount

Manufacturing costs + Beginning WIP = Ending WIP + Cost of Goods manufactured  

Let ending WIP be x  

Beginning WIP be 0.75x  

2,500,000 + 0.75x = x + 2,425,000  

2,500,000 - 2,425,000 = x - 0.75x  

75,000 = 0.25x  

x = 300,000

Therefore, The Work in Process inventory at December 31 was $300,000.

4 0
3 years ago
If you want to go directly to a specific web page using a URL, where should you type the URL in Firefox? A. In an e-mail B. In a
Lelechka [254]

Answer:

C. In the address bar

3 0
4 years ago
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