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telo118 [61]
3 years ago
12

The section of his business plan in which Jones sets forth the purpose of his cabinet-making business-its reason for existing-is

called the _____.
Business
1 answer:
lorasvet [3.4K]3 years ago
4 0

Answer:

The correct answer is letter "C": "Mission Statement".

Explanation:

A company's mission statement represents the objective that the firm must set. That objective must last and should be adaptable to the changes it could be exposed to. It clearly states the purpose of the company and why it exists and operates. The mission statement also identifies by whom the entity is formed and their respective functions.

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Data concerning Wang Corporation's single product appear below: (Do not round your intermediate calculations.)
Kipish [7]

Answer:

The break-even in monthly dollar sales is closest to $215,000

Explanation:

The break-even point is the level of production at which the costs of production equal the revenues for a product and calculated by using following formula:

Break-even point in units = Fixed expense/(Selling price per unit-Variable expense per unit) = $144,050/($230.00 - $75.90) = 935 units

The break-even in monthly dollar sales = 935 x $230.00 = $215,000

5 0
3 years ago
Financial accounting primarily provides information to which group of decision makers?
Anastaziya [24]

Answer:

A) investors

Explanation:

The main aim of financial accounting to provide information to the investors( existing and would-be) about the performance and position of the business at a particular point in time.

Performance relates to net income earned while the position is about the net assets of the company which is an offshoot of all the assets owned and liabilities(obligations) owed to other parties

4 0
3 years ago
If you must apply for a loan, you should?
Agata [3.3K]
First have good credit.
7 0
3 years ago
A company using the periodic inventory system has inventory costing $152 on hand at the beginning of a period. During the period
BabaBlast [244]

Answer:

A. $288

Explanation:

The cost incurred to produce or purchase the product which is being sold is called cost of goods sold.

Cost of Goods Sold = Beginning Inventory + Purchases in the period - Ending Inventory

Cost of Goods Sold = $152 + $492 - $356

Cost of Goods Sold = $288

7 0
3 years ago
Read 2 more answers
Boeing’s strategy to become the largest airplane maker in the world included acquiring competitors such as mcdonnell douglas. Th
8_murik_8 [283]

There are different aspect of management. The development of this strategy falls under the planning function of management.

<h3>What is the planning function of management?</h3>

Planning is simply known to be a function of management that entails putting out objectives and knowing the right course of action to achieving the stated objectives.

Planning often needs managers to be very much aware of environmental conditions that faces their organization and predict future conditions.

Conclusively, principles of management is grouped into the four major functions such as;

  • Planning,
  • Organizing
  • Leading
  • Controlling

Learn more about  planning function from

brainly.com/question/16118348

5 0
3 years ago
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