A group of employees wishes to start a union is that lawful or unlawful explain

A firm's _____ includes its rivals, suppliers, customers, new entrants, substitutes, and complementary products. environmental s

Maslowich

The answer is: competitive environment

The competitive environment of a company include all things that could affect how well the company could sell its product in the market. The factors that could affect such performance include things such as how many rivals sold similar products in the market, consumers' preference, how many products can be used as alternative for the company's product, etc.

8 0

3 years ago

North Company has completed all of its operating budgets. The sales budget for the year shows 50,220 units and total sales of $2

Oduvanchick [21]

Answer:

A budgered income statement was prepared for North company for the year ending December 31st 2020.

Explanation:

Solution

The NORTH COMPANY

Budgeted Income Statement

For the year December 31st, 2020 Ended

Particulars Amount

Sales $2,414,100

Less: Cost of goods sold

[50,220 Units x $23.00 per unit] -11,55,060

The Gross Profit 12,59,040

Less: Selling and administrative expenses -3,09,700

Earnings before interest and taxes 9,49,340

Less: Interest Expenses -10,260

The earnings before taxes 9,39,080

Less: Income Taxes -2,26,200

The Net Income 7,12,880

The net income for the NORTH COMPANY for the year ended December 31st 2020 is $7,12,880

6 0

3 years ago

Which of the following phrases effectively describes a business’s income statement

irina [24]

Answer:

Financial picture

Explanation:

The phrases is suitable because An income statement will give a general picture for stakeholders regarding the company's financial condition in the past year.

it consist of several important financial information that might influence investors to either put their money into the businesses or simply abandoned it. Such as how much income that the company able to generate, the amount of expenses that the company have to pay for the operation, how much of the income is liquid, etc.

3 0

3 years ago

Match the accounting terminology to the definitions (Click the icon to view the definitions.)

Volgvan

Answer:

a. Accounting.

b. Certified public accountants.

c. Creditor.

d. Managerial accounting.

e. Certified management accountants.

f. Financial accounting.

Explanation:

1. Accounting: information system that measures business activities, processes that information into reports, and communicates the results to decision makers.

2. Certified public accountants: professional accountants who serve the general public.

3. Creditor: person or business to whom a business owes money.

4. Managerial accounting: field of accounting that focuses on providing information for internal decision makers.

5. Certified management accountants: professionals who work for a single company.

6. Financial accounting: field of accounting that focuses on providing information for external decision makers.

7 0

2 years ago

Gomer decides to spend an hour playing basketball rather than studying. His opportunity cost is: Group of answer choices the inc

TEA [102]

Answer:

the benefit to his grades from studying for an hour

Explanation:

Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.

Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.

In this scenario, Gomer decided to spend an hour playing basketball rather than studying his books. Thus, his opportunity cost is the benefit to his grades from studying for an hour.

This ultimately implies that, if he had spend the time he used in playing basketball to study, it would have added value to his grades.

6 0

3 years ago