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
denis-greek [22]
3 years ago
14

Profits are important so businesses can retain employees attract investors and contribute to the​

Business
1 answer:
Nataly_w [17]3 years ago
5 0

<u>Answer:</u>

Profits contribute to the​ firm’s stability and growth.

<u>Explanation:</u>

Profit is the main motive of a firm or business entity.  It is based on the numerical value of profit a firm’s stability is determined. The future growth, reputation, shareholder value, market value of a firm depends on the profit.

Only when the profits are high the firm pays a higher salary to its employers and higher dividend to its shareholders. Employees not only get a monetary return on contributing to higher profits but are also motivated to stay back in the same firm .

You might be interested in
Jones Corporation reported current assets of $191,800, current liabilities of $137,000, and total liabilities of $275,714 on its
VMariaS [17]

Based on the information given the current ratio is:1.4.

<h3>Current ratio</h3>

Using this formula

Current ratio=Current assets/Current liabilites

Where:

Current assets=$191,800

Current liabilities=$137,000

Let plug in the formula

Current ratio=$191,800/$137,000

Current ratio = 1.4

Inconclusion the current ratio is:1.4.

Learn more about current ratio here:brainly.com/question/2686492

4 0
2 years ago
Why would a large crop surplus be a problem for farmers? A. Surpluses are destroyed by the government. B. Surpluses drive down p
Vladimir79 [104]

Answer:

The answer is b. Surpluses drive down prices

Explanation:

If you have a large volume of crops, it would not drive up the price simply because there is not a lot of demand for the crop. In that sense, both c and d (even though d is relevant to the equipment) are incorrect. If there is a lot of surplus, farmers will have to lower their prices in order to sell it. They lose in profit which is why large crop surplus are a problem for farmers.

3 0
3 years ago
True or false<br><br> Macroeconomics deals with the behaviour of individual economic units. ​
VashaNatasha [74]

Answer:

false. it deals with ecomonics as a whole. it's in the name dude

6 0
2 years ago
Read 2 more answers
As ________blank, pioneers have the advantage of creating a new market or product category, establishing a commanding initial ma
inessss [21]

As first movers, pioneers have the advantage of creating a new market or product category, therefore establishing a commanding initial market share lead.

The major benefit of being a first mover om a new market or product category is the opportunity to build impactful brand awareness and customer loyalty. That way, first movers can easily dominate the market or product category and maximize early sales, gaining an upper hand against their rivals. They can also adjust their good or service quality as well as refine their marketing strategy with the additional time they get before rivals start to enter the market.

Learn more about first movers at brainly.com/question/28995105

#SPJ4

7 0
1 year ago
Can someone help me please? I Attached the question.<br> THANKS!!
Rasek [7]

Answer:

The absolute reference is $D$2

The relative reference is A2

The Mixed reference is  $D2

Explanation:

The absolute reference is  identify when $ fixes the cell row and colum

The relative reference is that any colum or row can be altered and there is nothing fixed with $

The Mixed reference is  identify when $ either the cell row or colum

4 0
3 years ago
Other questions:
  • After the death of her husband, Gina Baker, 35, received a check for $350,000 from a life insurance company. Gina has two small
    8·2 answers
  • ou are bullish on Telecom stock. The current market price is $30 per share, and you have $3,000 of your own to invest. You borro
    14·1 answer
  • All citizens in America have _______ to form a group and push for what they want in the law. Additionally, the architects of our
    9·2 answers
  • How does a high unemployment rate affect the economy
    7·1 answer
  • Hurlburt Corporation renewed an insurance policy for 3 years beginning July 1 and recorded the $81,000 premium in the prepaid in
    11·1 answer
  • You purchase a $325,000 town home and you pay 25 percent down. You obtain a 30-year fixed-rate mortgage with an annual interest
    12·1 answer
  • An asset falling under the MACRS five-year class was purchased three years ago for $200,000 (its original depreciation basis). C
    6·1 answer
  • Who is the best rapper??
    13·2 answers
  • If a firm can raise market price by reducing its output, then:
    10·1 answer
  • The debt of state and local governments is mostly? owed to citizens of other nations. external. worthless internal.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!