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3 years ago

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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Suppose that a 10 percent increase in the physical capital stock increases GDP by 10 percent. Nowconsider an additional 10 perce

Artyom0805 [142]

Answer:

B. Less than 10%

Explanation:

An addition increase by 10 % in the physical capital stock (which is a factor of production consisting of man made goods like machineries and so on) will lead to a less than 10% increase in the Gross domestic product. This is due to the law of diminishing marginal utility which talks about the consumption increases marginal utility from each additional unit declines. Thus, the more the physical capital stock increases, the GDP will increase at a decreasing rate.

7 0

3 years ago

If my friend suzette worked for a total of 7 hours. how much should she be paid

Ira Lisetskai [31]

Answer:

That would depend on the job that was done

Minimum wage would suffice depending on what state you're in

Or you could just look out for a friend and pay a fair price plus maybe something extra

Explanation:

5 0

4 years ago

Sustainable development refers to A. placing restraints on a company's growth until all ancillary support services are in place

Semmy [17]

Answer:

The correct answer is letter "C": conducting business in a way that protects the natural environment while making economic progress.

Explanation:

Sustainable development is the capacity an institution has to satisfy individuals' needs without damaging the environment neither harming the atmosphere. To reach this stage there must be an equilibrium between the <em>economy, society, </em>and <em>the environment.</em> Sustainable development is difficult to be obtained with high poverty rates, habitats destruction, or indiscriminately resources exploitation.

4 0

3 years ago

If a quota license is awarded to a domestic firm without an auction, it may generate bribes or lobbying spending to earn this re

Natasha2012 [34]

Answer:

c) wasteful rent-seeking

Explanation:

Rent-seeking is an economic activity that does not add any value, and it often includes lobbying and spending resources of your own company. This is a common practice when companies cannot find another feasible revenue stream, so they manipulate the distribution of various resources to gain wealth. This way, no value is created.

6 0

4 years ago

Lucretia finds herself caught between loyalty to her employer on the one hand and loyalty to a friend who works in her office on

antiseptic1488 [7]

Answer:

conflict of loyalty

Explanation:

In simple words, conflict of loyalty refers to a specific type of situation in which an individual faces a conflict of interest due to having loyalty towards two different parties which have different goals and objectives.

This scenario usually happens when someone in authority has to make a decision that can affect party he or she have personal relation or with the other party with with which that individual have a professional relation.

As per the modern theories, under such scenarios, individual in authority should favor professional relations over personal relations.

8 0

3 years ago