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3 years ago

Revenue is the total amount of money a business takes in during a given period by selling goods and services. true false

Business

1 answer:

Helga [31]3 years ago

6 0

Answer:

The statement is: True.

Explanation:

Revenue is the amount of money a company brings in from the goods and/or services it sells. Many analysts use the term sales and revenue interchangeably. Companies usually calculate and report revenue for a quarter or a year, but mostly for both periods.

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In January 2016, currency held by individuals and businesses and traveler's checks was $1,347 billion; checkable deposits ow

Zielflug [23.3K]

Answer:

$M_1 = $3111$

$M_2 = $12409$

Explanation:

Given data:

Amount of currency held = $1347 billion

checkable deposit $1347 billion

saving deposit $8189 billion

small time deposit $400 billion

market fund $709 billion

Saving deposit in the form M2 and M1

M_1 = currency held as individual and traveller check + checkable deposit

= $1347 + $1764

$M_1 = $3111$

M_2 = M_1 + saving deposit _ time deposit + maket funds

= $3111 + $8189 + $400 + $709

$M_2 = $12409$

3 0

3 years ago

Which of the following is true about a business plan?

dusya [7]

Answer:

Explanation:

the plan can change from buget sponsors and othere factors

3 0

3 years ago

Suppose a person quits a job earning $40,000 per year and starts a business with $90,000 withdrawn from a money-market accoun

weeeeeb [17]

Answer:

The correct answers are $40,000 and $13,500

Explanation:

The implicit cost of the business is $40,000 nothing for the entrepreneur's time plus $13,500 nothing for the entrepreneur's funds (enter your response as an integer)

The implicit cost indicates the cost of an asset rather than selling it or renting it out. In other words, the company has to give up by deciding not to exploit an asset. For this case $40,000

For the other line

15% = 0.15

$90,000 x 15% = $13,500

4 0

3 years ago

A legal arrangement where two or more people share ownership of a business is called a ______. A. Corporation b. Sole proprietor

liubo4ka [24]

The correct statement is that a legal arrangement where two or more people share ownership of a business is called a partnership. So, the correct option is C.

A partnership may be started by two individuals with an intention to share the profits and losses of such business in a predetermined proportion.

<h3>Partnership Firm </h3>

A partnership firm is a form of business organization where at least two individuals put their resources and carry a legal business.

The individuals of a partnership firm are collectively known as partners, where they tend to share the profits and losses proportionately to their capital invested.

There exists vicarious liability among the partners, which means that all the partners are liable for the acts of one or more partner as per the legal contract.

A partnership firm may be terminated by lapse of time, dispute between the partners, dissolution, insolvency, but has a perpetual succession.

Hence, the correct option is C that legal arrangement where two or more people share ownership of a business is called a <u>partnership. </u>

<u></u>

Learn more about partnership firm here:

brainly.com/question/6346527

6 0

2 years ago

Indicate which component of GDP will be affected by each of the following transactions involving the Ford Motor Company. a. You

BabaBlast [244]

Answer:

A) The new SUV will increase the CONSUMPTION expenditure

B) A used SUV is NOT INCLUDED

C) Car parts are intermediate goods, are NOT INCLUDED

D) Exported SUVs are included in NET EXPORT expenditure

E) New machinery is included as INVESTMENT expenditure

F) New highways and roads are included in GOVERNMENT expenditure

3 0

3 years ago