If marginal cost becomes higher than price, what happens to a company

Business

1 answer:

juin [17]3 years ago

5 0

Increase price value profit becomes higher than price, what happens to a company

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Describe voluntary exchanges

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Which team member has the most significant role in a team effort?

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D. All members are equally important

Explanation:

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Rossiter Restaurants is analyzing a project that requires $180,000 of fixed assets. When the project ends, those assets are expe

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Cash in-flow in the last year.

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Paul is responsible for recording sales transactions at his company. To minimize entry errors, Paul uses a(n) __________ process

marysya [2.9K]

Paul is responsible for recording sales transactions at his company. To minimize entry errors, Paul uses a (n) <u>accounting process</u>.

The accounting process is the set of steps that allows the economic operations of an entity or company to be expressed through financial statements.

This process is essential for any company since they will be able to see their expenses and income, and thus make projections and help it to minimize entry errors of the company.

During the accounting process, the economic operations of the company are compiled (purchases of materials, sales of products), together with the documents that guarantee each operation.

Finally, before the accounting process is closed, adjustments or modifications can be made that allow a reliable balance.

Therefore, we can conclude that Paul is responsible for recording sales transactions at his company. To minimize entry errors, Paul uses a (n) accounting process.

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