Perfect competition has _____ sellers. (A)no (B)one (C)many

The financial statements of a company are the primary sources of information that enable us to communicate the financial results

maks197457 [2]

Answer: both internally and externally

Explanation: In simple words, financial statements refers to the group of reports and statements that are prepared by an organisation for communication its financial performance and postilion to its internal and external stakeholders.

It constitutes balance sheet, cash flow statement and income statement etc.

4 0

3 years ago

2. What is your class or form?

Akimi4 [234]

Answer:

2 nd year ( FORM 2)

Explanation:

PLEASE MARK ME AS BRAINLIEST AND DO FOLLOW ME.

❤✌ITZ AAROHI ❤✌

LOVE YOU

3 0

3 years ago

A friend asks to borrow $ 50 from you and in return will pay you $ 53 in one year. If your bank is offering a 5.7 % interest rat

Sergio [31]

Answer:

52.85 / 50.14 / yes

Explanation:

the key to answer this question is to understand the logic of present values / future values:

$FV=PV*(1+i)^{n}$

$PV=FV*(1+i)^{-n}$

where FV is future value, PV is the present value, i is the periodic interest rate and n is the number of periods. So applying to this particular problem we have:

a. if we deposit today 50, we are been asked to calculate the future value, so:

$FV=50*(1+0.057)^{1}$

$FV=52.85$

b.if we want to have 53 in one year, we are been asked to calculate a present value:

$PV=53*(1+0.057)^{-1}$

$PV=50.14$

c. is clear that is better to borrow to the friend because in one year he will pay more than bank

4 0

3 years ago

Imagine you own a pet cremation business (or taxidermy service, if you prefer). You want to use market research to identify how

Over [174]

Answer:

1. Population of those owning a pet in the business area

2. Secondary research technique

Explanation:

1. This provides valuable insight into the possible expected market demand for your cremation services, because the number of those having pets let you know if it is viable to get clients in that location or relocate to another promising location.

2. A secondary research technique allows for a situation as this; in which one has a limited budget. This is the case because one can quickly lookup existing research data from reputable sources such as the US Census Bureau free of charge about the target audience.

3 0

3 years ago

The following costs result from the production and sale of 5,000 drum sets manufactured by Tight Drums Company for the year ende

hammer [34]

Answer and Explanation:

The preparation of the contribution margin income statement for the company is presented below:

Tight Drums Company

Contribution margin income statement

For the year ended December 31, 2017

Sales (5,000 drums × $350) $1,750,000

Less: Variable cost

Plastic for casing -$185,000

Wages of assembly workers $510,000

Drum stands $230,000

Variable selling costs

Sales commissions $175,000

Total variable cost -$1,100,000

Contribution margin $650,000

Less: Fixed cost

Fixed manufacturing costs

Taxes on factory $5,000

Factory maintenance $10,000

Factory machinery depreciation $70,000

Fixed selling and administrative costs

Lease of equipment for sales staff $10,000

Accounting staff salaries $60,000

Administrative management salaries $140,000

Total fixed cost -$295,000

Net operating income $355,000

Less: income tax expense at 25% -$88,750

Net income $266,250

We simply deduct the variable cost and fixed cost from the sales revenue so that the net operating income could come and then deducted the income tax expense so that net income could arrive

4 0

3 years ago