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Savatey [412]
4 years ago
5

Consumers sell goods or services for a profit. True False

Business
1 answer:
Alenkinab [10]4 years ago
3 0
The answer is True. because in Economics when the MC is equal to ATP the seller losses and leave the market.
Also profit motivate seller.
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The statement that provides the financial position of a company as of a specific date is the.
NemiM [27]

The statement that provides the financial position of a company as of a specific date is the balance sheet.

<h3>What is a statement of financial position?</h3>

A balance sheet is often known as a statement of financial situation. It serves as a summary of a company's financial situation at a specific moment.

A balance sheet is a summary of the financial positions of a person or an organization in financial accounting, regardless of whether they are a sole proprietorship, a business partnership, a corporation, a private limited company, or another type of organization like the government or a not-for-profit entity.

An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement. One of the three primary financial statements used to assess a company is the balance sheet. It offers a snapshot of the assets and liabilities of a corporation as of the publication date.

To learn more about balance sheet refer to:

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4 0
1 year ago
In the event a firm goes bankrupt, an investment grade senior debenture bond is more likely to receive liquidation proceeds than
Elina [12.6K]
The answer that best fits the blank provided above is A SUBORDINATED DEBENTURE. Subordinated debenture is also known as subordinated debt. This kind of debt that ranks just below other loans whenever the company files bankruptcy. This is what is received instead of the liquidation proceeds.
3 0
4 years ago
West Company had $375,000 of current assets and $150,000 of current liabilities before borrowing $75,000 from the bank with a 3-
ale4655 [162]

Answer:

b. The ratio decreased

Explanation:

The current ratio is a financial performance measure that compares current assets to current liabilities, hence, in ascertaining the impact of the short-term borrowing on the current ratio, we would compute the current ratio before and after having taken the short term loan as shown thus"

current ratio=current assets/current liabilities

Before borrowing:

current ratio=$375,000/$150,000

current ratio=2.50

After borrowing:

current ratio=$375,000/($150,000+$75000)

current ratio=1.67(it has declined from earlier 2.50 to 1.67)

4 0
3 years ago
Crystal's Performance Pizza is a small restaurant in Denver that sells gluten-free pizzas. Crystal's very tiny kitchen has barel
galben [10]

Answer:

Components of creation that can be differed with yield delivered are alluded to as factor elements of creation.  

Elements of creation that can't be differed with yield delivered are alluded to as fixed elements of creation.  

In given case, stove and laborers are utilized in pizza creation.  

It has been given that in short-run, number of stoves can't be changed however number of laborers can be changed.  

Along these lines,  

In short-run, these laborers are variable information sources, and the stoves are fixed data sources.

Number of Workers: 0

Output  (Pizzas): 0

Marginal Product of Labor  (Pizzas): 0

Number of Workers: 1

Output  (Pizzas): 70

Marginal Product of Labor  (Pizzas): 70

Number of Workers: 2

Output  (Pizzas): 120

Marginal Product of Labor  (Pizzas): 50

Number of Workers: 3

Output  (Pizzas): 160

Marginal Product of Labor  (Pizzas): 40

Number of Workers: 4

Output  (Pizzas): 190

Marginal Product of Labor  (Pizzas): 30

Number of Workers: 5

Output  (Pizzas): 200

Marginal Product of Labor  (Pizzas): 10

3 0
3 years ago
Identify two to three factors that affect revenue, expenses, and profit in the business of the Super Bowl:
scoundrel [369]

Answer:

Revenue

  • Ticket Sales - The Super Bowl is one of the most watched sporting events in the world and people pay top dollar to be able to attend it in the stadium. In 2019 the lowest estimate of revenue coming from ticket sales was $65 million.
  • Television Rights - Networks pay to be able to broadcast the Super Bowl as it will bring in a lot of money for them from Ads. Fox, CBS and NBC are said to pay upwards of $2.5 billion every year to broadcast it.
  • Merchandising - Millions are made in revenue from the sales of merchandise leading up to and after the big game.

Expenses

  • Security - With so many people coming to the event, there has to be a provision for both private and public security. This means that Police will have to be paid for overtime and private firms will have to be paid their due.
  • Cleaning - The stadium will have to be cleaned before, during and after the event so cleaning expenses will cost a bit too.
  • Ad Hoc staff - There will be a need for people who will not have a specific job title but will still be needed to run around and embark on errands.

Profits

The profits will depend on how much revenues exceeds costs by so all the above listed factors can affect profit.

5 0
4 years ago
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