All categories

2 years ago

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

Business

1 answer:

Nataly_w [17]2 years ago

5 0

Answer:

Profits contribute to the firm’s stability and growth.

Explanation:

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

An employee was suspended for two weeks for drug use. Six months later, the employee was fired from the job because her producti

kobusy [5.1K]

I believe it’s Involuntary Turnover. There’s a Quizlet that uses this exact same scenario that defines it as Involuntary Turnover

8 0

2 years ago

Which of the following is a true statement about the U.S. workplace? A. It has changed little over the past 110 years. B. Today'

Nonamiya [84]

The correct answer is C. Retail and communications firms are on the decline.

With technology becoming easily accessible to all people in all walks of life, consumers are finding it easier to do everything with their mobiles and computers. Communicating is as easy as sending a chat message and buying items online is definitely more appealing that spending time in a physical shop.

8 0

3 years ago

Read 2 more answers

Peterson Company's petty cash fund was established on January 1 with $500. On January 31, a count of the fund revealed: $105 in

mr_godi [17]

Answer:

(395) NA (395)NA 400 (395)(395) OA

Explanation:

Data provided in the question

Petty cash fund balance = $500

Remaining cash balance = $105

Vouchers for miscellaneous expenses = $400

Sp by considering the above information, the effect would be and the balance would be

= Petty cash fund balance - remaining cash balance

= $500 - $105

= $395

So the effect would be recorded as an operating activity for $395 plus it also records the miscellaneous expense for $400 and another financial statement is also affected

7 0

2 years ago

A fall in the value of the dollar againstother currencies makes U.S. final goods and services cheaper toforeigners even though t

Mars2501 [29]

Answer: I am right, the increased demand represents a rightward shift of the aggregate demand curve.

Explanation:

The increase in aggregate demand by foreigners occurred as a result of a fall in the value of the US dollars and aggreagrate price level stayed the same. Therefore, the change in aggregate demand didn't occur as a result of a change in price.

If agregrate demand changed as a result of a change in the aggregate price levels, there would be a change in quantity demanded and a movement along the demand curve.

It's only a change in price that result results in a movement along the aggregate demand curve.

Other factors that leads to a change in demand either shifts the aggregate demand curve to the left or to the right.

Therefore, an increase in aggregate demand as a result of the fall in value of US dollars causes the aggregate demand curve to shift to the right.

The shift in the aggregate demand curve to the right shows that demand has increased but aggregate price hasn't changed.

5 0

3 years ago

Stephen decided to rent an suv for the family trip he was planning. on the way back from his trip, the suv got stolen. unless st

svet-max [94.6K]

Answer: a loss damage waiver

Explanation: apex

4 0

3 years ago

Read 2 more answers

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

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