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Stells [14]
3 years ago
6

What is the primary purpose of a mission statement? A. To explore the options for a business B. To promote the growth of a busin

ess C. To state the reason for the existence of a business D. To list the immediate goals of the business
Business
2 answers:
Paul [167]3 years ago
8 0
It would be letter C - <span>To state the reason for the existence of a business.

</span>A mission statement<span> of a company defines what an organization is, why it exists, its reason for being. It is a sentence that states the company's function and the business's goals and philosophies. </span>
Kisachek [45]3 years ago
8 0

Answer:

The correct answer would be option C, To state the reason for the existence of a business.

Explanation:

As the name indicates, a mission statement is a statement which defines the mission of the specific organization. Mission statement states the purpose of the company. It is a short statement which describes the reason of existence of that company. It contains specific information about the goals and objectives of an organization, about the products or services it provide, about the target market and the regions where it operates or plan to operate. All such information constitute a mission statement of the company. So primary purpose of a mission statement is to state the reason for the existence of the business.

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To barter means to____?<br><br> 1. create.<br> 2. trade.<br> 3. earn.
kicyunya [14]
The correct answer is exchange or trade
7 0
3 years ago
Read 2 more answers
You are an international shrimp trader. A food producer in the Czech Republic offers to pay you 2.2 million Czech koruna today i
fredd [130]

Answer: The value of this exchange is $8,816.05.

Explanation:

The problem is dealing with a simple case of arbitrage of exchange rates: Lets assume that

k = koruna

b = baht

Step 1:

Sales Revenue = k2,200,000

(To get USD amount : \frac{2,200,000}{25.36}=$86,750.7886

Purchase Cost = b3,200,000

(To get USD amount : \frac{3,200,000}{41.06}=$77,934.7297

Step 2:

Profit = Sales Revenue - Purchase cost

         = $86,750.7886 - $77,934.7297

         = $8,816.0589

The value of this exchange is $8,816.05.

4 0
3 years ago
Ryan exchanged a car that he used in his business for the past 3 years for a new truck with a FMV of $25,000. This transaction t
alexandr1967 [171]

Answer:

The gain on the transaction is $5,500

Explanation:

Gain on Transaction = Fair Value of Truck - Cash Paid - Note Payable - carrying value of car exchanged

= $25,000 - $4,000 - $10,000 - ( $8,000 - $2,500)  

= $25,000 - $4,000 - $10,000 - $5,500

= $5,500 Gain

3 0
3 years ago
Type: Item in a larger work (poem)
Fittoniya [83]

Answer: A. you always cite the last name first then the first name.

Explanation:

8 0
2 years ago
Flip's Pizzeria Inc. has the following financial items for the current year: Advertising Expenses $50,000 Cost of Goods Sold $66
Allisa [31]

Answer:

Flip's taxable income for the current year is $2,10,000.

Explanation:

Given information:

Advertising Expenses = $50,000

Cost of Goods Sold = $660,000

Other Operating Expenses = $390,000

Sales = $1,830,000

Wages and Salaries = $520,000

Capital Gain = $15,000

The formula for taxable income is

Taxable income for corporation = Gross Sales - cost of goods sold - operating expense - Interest expense - Tax deduction/ credit

Where,

Operating expense = Advertising Expenses + Wages and Salaries + Other Operating Expenses

Using this formula we get

\text{Taxable income for corporation}=1830000-660000-(390000+520000+50000)

\text{Taxable income for corporation}=210000

Therefore, Flip's taxable income for the current year is $2,10,000.

7 0
3 years ago
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