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andrezito [222]
3 years ago
12

1. When you spend more than you make, you have a(n) _____?

Business
2 answers:
Y_Kistochka [10]3 years ago
7 0
I think the correct answer from the choices listed above is option A. When you spend more than you make, you have a deficit. <span>In economics, a </span>deficit is<span> an excess of expenditures over revenue in a given time period. Hope this answers the question. Have a nice day.</span>
Alik [6]3 years ago
3 0

When you spend more than you make, you have a deficit. Correct answer: A Deficit occurs when expenses exceed revenue, imports exceed exports, or liabilities exceed assets and it is an indicator of financial health. Surplus on the other hand is the opposite of deficit.

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How much money do a bank make daily
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Which dimension of e-commerce technology describes the fact that the internet is available at work, at home, and elsewhere via d
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5 0
1 year ago
A CIO must have a strong understanding of technology and a limited understanding of the business. T/F
sweet-ann [11.9K]

Answer: False

Explanation: CIO is the senior most technical professional in a  company whose objective is to help the organisation in achieving its goals by using his or her knowledge regarding the technology in use.

   A CIO who do not have complete understanding of the business in which he works will not be able to implement the technology properly.

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3 0
2 years ago
Smooth Move Company manufactures professional paperweights and has been approached by a new customer with an offer to purchase 1
djyliett [7]

Answer:

a.  Smooth Move should REJECT the order

b) Net loss from accepting the order $ (7,500)

Explanation:

Relevant costs are future incremental cash costs that arise as a direct consequence of a decision.

The relevant cash flows of this decision include the following:

  1. Variable cost of production -(3.10 +2.25 +1.15) + $0.20= $6.7 per unit
  2. Cost of additional machine    -   $12,000.
  3. Sales revenue from the special offer

                                                                                             $

Sales revenue from special offer (15,000×$7.00) =   105,000

Variable cost (15,000× $6.7)                                        (100,500)

Cost of additional machine    -                                 <u>    (12,000)</u>

Net loss from accepting the order                              <u> (7,500)</u>

     

8 0
2 years ago
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