Answer:
The answer is True.
Explanation:
Income statement ultimately shows the profit or the loss of the Organizational activities.
The data used in the preparation of the income statement are based on the accounting information are are always based on accounting information.
Answer
camera and microphone with a movie and entertainment degree
Explanation:
Answer:
The price elasticity of supply is the percentage change in quantity supplied divided by the percentage change in price. Elasticities can be usefully divided into five broad categories: perfectly elastic, elastic, perfectly inelastic, inelastic, and unitary.
Explanation:
Answer:
Keep-or-drop decision
Explanation:
Keep-or-drop decision is taken when a manager is in a dilemma whether to continue a product line or segment or shut it down. The manager needs to analyse income statement related to the product line to understand the major issue with product line. If costs are more than revenue, then the product line needs to be shut down. If the reasons for incurring losses can be addressed and that revenue from the product line is more, then it is not dropped.
Therefore, manager takes a keep-or-drop decision.
<span>It is the project profitability index. This is a ratio of payoff to investment o a proposed project. This helps with the ranking of projects as it allows you to quantify the amount of the value created per unit of investment.</span>