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sertanlavr [38]
3 years ago
8

Accounting is referred to as the language of business because it is the method of communicating business information to decision

makers.
True / False.
Business
1 answer:
NeX [460]3 years ago
4 0

Answer:

True

Explanation:

True . Accounting is often called the language of business; it is the language that managers use to communicate the firm's financial and economic information to external parties such as shareholders and creditors. accounting  is defined as the process of identifying, measuring and communicating economic information to permit informed judgement and decisions by users of the information. In other words, it is the process of communicating financial information about a business entity to stakeholders and managers. Economic information is generally displayed in the form of financial statements that show the economic resources that a business currently has; the goal of the business is to determine which information is useful to the outside world.

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Why do we have to pay taxes
Blizzard [7]
So that the goverment can make things like roads and buildings, as well as pay for things like public school, courts, prisons, colleges, hospitals, etc.
3 0
4 years ago
In a contract what is a consideration?
tangare [24]

Exchanging things of value

4 0
3 years ago
Read 2 more answers
The Sugar Sweet Company will choose from two companies to transport its sugar to market. The first company charges $3995 to rent
notsponge [240]

For Q1, you have to set these equations equal to each other because it is asking how much of x is necessary to make the same amount of y, so:

3995 + 225.50x = 6500 + 100.25x

solve for x:, and get x=20

so 20 tons of sugar will give the companies the same cost.

For Q2: you need to plug in x=20 into either one of the original equations, and solve for y because this will give you the cost of transportation, so:

y= 3995 + 225.50(20)

y=$8,505 for the total cost

7 0
4 years ago
Cajun Cookin' sits on a large landscaped lot. Brian and Sondra have a contract with Lovely Landscapes to mow the lawn and take c
LUCKY_DIMON [66]

Options:

A.) has discharged its obligation to Brian.

B.) is liable for specific performance.

C.) will likely have to pay Brian damages if Brian decides to sue them.

D.) will not likely have to pay Brian damages if Brian decides to sue them.

Answer: C.) will likely have to pay Brian damages if Brian decides to sue them.

Explanation: According to the information presented in the scenario above, Lovely Landscapes are contracted to Brian and Soria and as such responsible for mowing the lawn of Brian's landscape. Lovely landscape's failure to show up or contact Brian and Soria explaining why they won't be able to fulfil their contract terms could be attached to a breach of contract which could involve Lovely Landscapes paying Brian and Soria damages for their no-show if Brian intends to pursue a case or sue Lovely landscapes.

3 0
3 years ago
Assume that you own an investment that will pay you $15,000 per year for 12 years, with the first payment today. You need money
vlabodo [156]

Answer:

the rate of return is 8.41%

Explanation:

given data

Present value = $120,000

Future value = $0

PMT = $15,000

NPER =12 years

solution

We will applied the rate formula that is.

The NPER  reflects the time period.  

and formula is that

NPER = Rate(NPER;PMT;-PV;FV;type)

so we get here

the rate of return is 8.41%

8 0
3 years ago
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