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
Orlov [11]
3 years ago
14

What does it mean to be "in the black?"

Business
2 answers:
Ksivusya [100]3 years ago
7 0

Answer:

answer: option C. You have more credits than debits

Explanation:

just took it and it corrected my wrong answer which was D. You have more debits than credits.

11Alexandr11 [23.1K]3 years ago
5 0

Answer:  Option d

   

Explanation: Using the word "black" refers to the profit margins of a corporation and existing financial health. A corporation seems to have been in the black when it is financially viable or, more explicitly, if after taking account for all expenditures, the business generates positive income.

The phrase has origins in the past of accounting where accountants manually checked financial information in their records before hardware and software were used.

Accountants used various colored inks— both black and red — to indicate the productivity of a product. Unlike a black business, in the red is seen as one of with unfavorable results or unprofitable.

You might be interested in
Failure by a promissory notes maker to pay the amount due at maturity is known as_________.
Andreas93 [3]

Failure by a promissory notes maker to pay the amount due at maturity is known as Dishonoring a note.

A dishonored note is a that  promissory note which has not been paid by a debtor in a given  reasonable amount of time.  It causes the creditor to write off the recorded revenue as a  bad debt.

With the help of promissory note, a buyer  can make a short-term commitment to pay any supplier for merchandise within the stated time period and  also at a certain interest rate.

In order to properly record a dishonored note in the financial journal of the organization one must first decide whether he is  expecting to  collect payment eventually or not.

A bill is  always considered as dishonored either by non-acceptance or by non-payment of the bill.

To know more about dishonored note here:

brainly.com/question/9220878

#SPJ4

5 0
1 year ago
I got a question for dudes
Nataly [62]

Answer:

what

Explanation:

7 0
3 years ago
Marshall's & Co. purchased a corner lot in Eglon City five years ago at a cost of $640,000. The lot was recently appraised a
Gala2k [10]

Answer:

$1,780,000

Explanation:

The computation of the initial cash flow for this building project is shown below:

= Estimated building cost + appraised cost of the lot

= $1,110,000 + $670,000

= $1,780,000

Simply we added the estimated building cost and the appraised cost of the lot so that the initial cash flow amount can come.

All other information which is given is not relevant. Hence, ignored it

3 0
3 years ago
The sticky-wage theory of the short-run aggregate supply curve says that the quantity of output firms supply will increase if
nignag [31]

Answer:

a.the price level is higher than expected making production more profitable.

Explanation:

The sticky wages shows that the output increases if the price level is higher because an increase in price level increases the profitability and the increased profitability increases output.

7 0
3 years ago
Hank is a U.S. citizen and is doing a three to six-year assignment as a sales executive in Paris for a French company, which beg
Maurinko [17]

Answer:

The answer is: E) None of his salary can be excluded from gross income because Hank must reside overseas for the entire year

Explanation:

According to the IRS's Foreign Earned Income Exclusion (and Requirements) a US citizen can claim up to $105,900 (in 2019) of his gross income to be excluded from gross income in the US only if that person resided in the foreign country for at least 330 days in the last year.

3 0
3 years ago
Other questions:
  • A potential benefit of telecommuting is that it _____. reduces employee turnover regulates work routine increases interaction wi
    8·1 answer
  • Suppose that the U.S. government decides to charge cola producers a tax. Before the tax, 50 billion cases of cola were sold ever
    5·1 answer
  • 3. Who creates budget resolutions?​
    7·1 answer
  • What type of object can ground static
    6·2 answers
  • In order to save $57,000 in five years, John will start saving money next month. He already has $10,000 in his account. The acco
    11·1 answer
  • Economists measure the personal satisfaction someone gets from consuming goods and services with the concept of
    13·1 answer
  • If supply and demand for a good both decrease, which of the following is true? Group of answer choices Equilibrium quantity will
    6·1 answer
  • The Yamaha Aggressive Growth Fund has an expense ratio of 1.83 percent. If you invest $58,500 in this fund, what is the dollar a
    11·1 answer
  • Operating data for Bramble Corp. are presented below.
    12·1 answer
  • A decision that involves doing a little more or a little less of something is called a:.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!