Answer:
A. revenue and expense
Explanation:
An income statement is among the three important financial statements prepared by a business entity. It summarizes all incomes (revenues) and expenses (costs) of a company in a particular financial year. Total costs are subtracted from the total revenue to get the net income.
An income statement is prepared to show the profits of a business in a particular financial year. A positive net income indicates profits, while a negative net income denotes losses.
Answer:
330 tickets sold to adults
370 tickets sold to children
Explanation:
Suppose:
Number of Tickets
Adult = A
Child = C
According to given condition
A + C = 700 (Eq 1)
7A + 3C = 3,420 (Eq 2)
By multiplying (Eq 1) with 3 we get
3A + 3C = 2,100 (Eq 3)
By subtracting (Eq 3) from (Eq 1)
7A + 3C - (3A + 3C) = 3,420 - 2100
7A - 3A + 3C -3C = 1320
4A = 1320
A = 1320/4
A = 330
Putting value of A in (Eq 1)
330 + C = 700
C = 700 - 330
C = 370
Check:
(7x330) + ( 3x370) = 3420
2310 + 1110 = 3420
3420 = 3420
Answer:
Stock value today = $1.21
Explanation:
Current Dividend = D
= $1.13
After 5 years that is D
= $0.50
Since expected growth = 0
Therefore
P
= D
/ Ke = 0.5/18% = $2.77
Its present value will be
= $1.21
Stock value today = $1.21
Answer: Option A
Explanation: In simple words, differentiation strategy refers to the strategy in which a firm tries to develop and introduce a unique product that the customers find different from the other products offered by the competitors.
Thus, the emphasis that the company places on the differentiation works for the benefit of the company as it gives the company an easy competitive advantage.
Hence the correct option is A.