1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
KengaRu [80]
4 years ago
10

Profit plays an important role in business give any four reason to justify the statement

Business
1 answer:
Sauron [17]4 years ago
3 0
-it’s a source of finance (so the business can expand, pay debts and unprecedented costs etc...)

-it motivates owners and workers by rewarding them so they’re more efficient and likely to continue on in the business

-it’s an indicator of success (owner knows their product is succeeding so it helps decision-making, competitors and stakeholders are attracted to the business)

-this one’s a bit wishy washy but I would say it rewards owners for their risk taking which also aids decision-making and motivates them

-there’s certainly more but off the top of my head! Good luck x
You might be interested in
Jack and Scotty begin negotiations where Scotty will give Jack hockey lessons for a certain amount of money per week. While they
nika2105 [10]

Answer:

The best option is a.

The court will award Scotty a reasonable amount for the lessons he already taught.

Explanation:

7 0
4 years ago
Describe what an insurance company does and sells without using the word insurance
Crank
If something goes wrong, the company will make sure you're not completely screwed.
8 0
3 years ago
What are the 4 main factors of production? Give two examples for each one.
NeTakaya

Answer:

land

labour

capital

entrepreneur

Explanation:

land

examples include waterbodies and land forms like plateau and ridges

capital

include monetary wealth i.e money and machinery

entrepreneur

includes sole proprietorship and partnership

labour

include skilled and unskilled labour

5 0
2 years ago
Read 2 more answers
Offer. Ball writes to Sullivan and inquires how much Sullivan is asking for a specific forty-acre tract of land Sullivan owns. B
Fittoniya [83]

Answer:

Ball can certainly hold Sullivan to a contract for sale of the land.  Sullivan in his reply to Ball's enquiry offered to sell the forty-acre tract of land at $60,000 and nothing less.  Ball accepted this offer by Sullivan by stating his acceptance.

These exchanges of offer and acceptance meet the terms of a valid contract.  Therefore, Ball can always hold Sullivan for contract enforcement.

Explanation:

In making a valid contract, offer and acceptance are key ingredients, with specific consideration.  Since the two parties, Ball and Sullivan are agreed on the consideration and have exchanged offer and acceptance, the validity of the contract is enhanced thereupon.

7 0
3 years ago
Which type of account typically has very high liquidity, low or no interest, and low minimum balance?
polet [3.4K]
The answer is Checking account

Checking account is usually made by the company to serve for specific purposes. (for example, like checking account to handle travel expenses or checking accounts to buy office supplies) This type of account usually really easy to made and had no withdrawing restrictions, but they don't have high interest rate
5 0
4 years ago
Other questions:
  • Holding all else constant, when a bank receives the funds for a deposited check Question 3 options: A) bank liabilities decrease
    7·1 answer
  • Because there are some positive aspects of bureaucracy, as proposed by Max Weber, Tammy, a restaurant manager, is interested in
    9·1 answer
  • You have been given the following information for Corky’s Bedding Corp.: Net sales = $12,250,000. Cost of goods sold = $8,900,00
    7·1 answer
  • After reviewing the resources and taking notes, decide where you stand. Should the government—and schools—be able to access your
    8·2 answers
  • Stark Company's most recent balance sheet reported total assets of $1.82 million, total liabilities of $0.84 million, and total
    5·1 answer
  • Using a fraudulent voice message to trick the receiver into revealing confidential data such as account numbers, passwords, or o
    9·2 answers
  • Establishment's liquor license was revoked because of service to minors what liability was involved
    9·1 answer
  • Everglades Furniture uses a process cost system to account for its chair factory. Beginning inventory consisted of 5,000 units (
    10·1 answer
  • Which of these statements is true?
    15·1 answer
  • On January 1, 2019, the board of directors was considering the distribution of a $63,500 cash dividend. No dividends were paid d
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!