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shtirl [24]
3 years ago
10

HELP 10 POINTS!!!!!!!!!!!! ONE QUESTION!!!!!!!

Business
1 answer:
8090 [49]3 years ago
3 0

Answer:

Gross profit is a required income statement entry that reflects total revenue minus cost of goods sold (COGS). Gross profit is a company's profit before operating expenses, interest payments and taxes. Gross profit is also known as gross margin

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You've noticed that a significant number of your website's customers--36.2%--abandon their shopping carts at the first stage of
Sauron [17]
Allow people to check out as guests
7 0
2 years ago
The full disclosure principle requires a balance between_______________.
N76 [4]

Answer:

Relevance and cost effectiveness  

Explanation:

Full disclosure principle means that a business should report all the relevant and necessary information regarding their financial statement to the people who are accustomed to reading it as not disclosing full information might affect the readers understanding.

It prevents any lack of information from the business's financial information and helps to ensure that  creditors, stakeholders and investors are aware of all the relevant information while making key decisions that affect the company.

Not disclosing all the information could manipulate the companies financial statement and it may look stronger that it really is.

3 0
3 years ago
Three partners are investing a total of 250,000 in a new cell phone repair shop.their investments are in the ratio of 3:5:12.how
Dahasolnce [82]
Let say A,B&C and the ratio is 3:5:12
3+5+12=20
250000divide by 20 = 12500
12500x3=37500
12500x5=62500
12500x12=150000
So A invested 37500
B invested 62500
C invested 150000
8 0
3 years ago
Annually, Monet Corp. awards each of its employees two weeks of paid vacation, which can be carried over if not used. As of Dece
Zina [86]

Answer:

$20,000

Explanation:

Calculation for the liability that should be reported for vacation pay

Using this formula

Liability=Vacation weeks*Compensation averaged per week for Year 1

Let plug in the formula

Liability=20 weeks × $1,000 per week

Liability = $20,000

Therefore the amount of liability that should be reported for vacation pay will be $20,000

5 0
2 years ago
What is a market that runs most efficiently when one large firm supplies all of the output referred to as?
gulaghasi [49]

What is a market that runs most efficiently when one large firm supplies all of the output referred to as? Natural monopoly. A natural monopoly happens when there are high fixed costs or start-up costs when running a business in certain industries. A natural monopoly example are pipelines that run for water and gas. This is because they are expensive to start and run but also extremly necessary and specific to the industry.

7 0
3 years ago
Read 2 more answers
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