Private companies are not required to publicly disclose financial information, while public companies are required by the Securities and Exchange Commission to file an annual report documenting their performance in detail.
Because private companies don’t have to disclose financial information, they can focus on long-term growth instead of making sure shareholders are getting their quarterly dividends.
Private companies don’t need shareholder approval for operational and growth strategy decisions made by the company, as long as that is stated in their corporate documents.
Answer:
$416,000
Explanation:
Darwin sells a particular book for $24
Variable expenses are $16
The current volume of book sold is 52,000 books
The first step is to calculate the unit Contribution margin
= $24-$16
= $8
Therefore the fixed expenses that is associated with the book can be calculated as follows
=52,000 × 8
= $416,000
Answer: label
Explanation:
Product labels are the piece of material
that are being attached to a product in order for easy identification by consumers in order to know the brand and also to know the contents.
A product's label identifies the product or brand, describes several things about the product, and promotes the brand.
Having recently completed a business class, you suggest to Allison that she calculate the <u>"inventory turnover"</u> ratio for her store, and then compare it to other stores in her industry.
Inventory turnover is a ratio indicating how often an organization has sold and supplanted stock amid a given period. An organization would then be able to partition the days in the period by the inventory turnover equation to ascertain the days it takes to move the stock close by. It is determined as deals separated by normal stock. Computing inventory turnover can enable organizations to settle on better choices on valuing, fabricating runs, how to use advancements to move overabundance stock, and how and when to buy new stock. Inventory turnover may likewise be found by partitioning cost of merchandise sold with normal stock.