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bagirrra123 [75]
3 years ago
15

The balance sheet is a financial statement that measures the flow of funds into and out of various accounts over time, whereas t

he income statement measures the financial position of the firm at a specific point in time.A. TrueB. False
Business
1 answer:
vitfil [10]3 years ago
8 0

Answer:

True

Explanation:

Balance sheet is the financial report of an organization that includes investments, liabilities, assets wealth, overall debt, etc. during a given time.

The income statement is one of the company's financial statements that indicates the company's profits and expenditures for a specific period of time. This shows how the profits are converted into net revenue or net income.

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Suppose transactions costs for a product are zero and the product can be resold. Why might the firms that sell a product charge
Dominik [7]

Answer: The correct answer is "firms offer different levels of service".

Explanation: Firms might charge different prices for the same product even when transactions costs are zero and the product can be resold if the  <u>firms offer different levels of service. </u>Because depending on the level and quality of the service offered they may charge a higher or lower price.

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4 years ago
Strategic planning starts with a _____ that reflects a firm’s vision, purpose, and values.
ivann1987 [24]

Strategic planning starts with a mission statement that reflects a firm’s vision, purpose, and values.

Strategic Planning Process: Strategic planning is the process of identifying long-term organizational goals, strategies, and resources, focusing on the horizon more than three years away.

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Learn more about Strategic planning at

brainly.com/question/24864915

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5 0
2 years ago
What is the process of taking decision in the office?​
Black_prince [1.1K]

Answer:

dress code, smile, thinking cap, and due process

Explanation:

u must have all of them to complete your job. if u not fit for work you not going to have a nice day. you must think the due process through and follow guidelines

4 0
3 years ago
Apartments is a ​-unit apartment complex. When the apartments are​ 90% occupied, monthly operating costs total $220,040. Whe
AnnyKZ [126]

Answer:

Missing word <em>"Use the​ high-low method to determine operating cost equation y=$_____, x + $ = ____" </em>

<em />

Cost on (800*90%)=720 units is 220,040

Cost on (800*80%) = 640 Units is 215,480

Variable cost per unit = Changes in total cost/High activity-low activity = 4560 / 80 = $57 per unit

Fixed cost = Total cost - Variable cost = 220,040 - (720*$57) = 220,040 - 41,040 = $179000

<u>Cost equation: </u>

Total cost = Fixed cost + Variable cost per unit

Y = 179000 + 57X

Y = 179000 + (57*440)

Y = $204,080

3 0
3 years ago
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