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2 years ago

3. Why are many resources allocated through markets?

Business

1 answer:

inysia [295]2 years ago

6 0

Answer:

d. Because resources are so abundant price can help us choose amongst them.

Explanation:

Different markets would value the same item at different prices, and buyers can compare prices to buy the desired item at its lowest cost (in order to save money)

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The two parts of every mission to test that clearly indicates the action to be taken and the

zhuklara [117]

Answer: the purpose or reason for the action.

A mission is a statement which focuses and direct the organization itself or to the people who make up the organization.

<span>The two parts of every mission are to test that clearly indicates the action to be taken and the purpose or reason for the action.</span>

5 0

3 years ago

Write a report on a trend in business that you’ve observed, and highlight at least the main finding. For example, from the risin

Reika [66]

Answer:

Over the last two years, small businesses have taken to the electronic space as a means of expanding their businesses.

This e-commerce trend experienced an upward spike during the C-19 Pandemic. As businesses were forced to operate remotely, necessity which is the mother of invention, started to thinking of ways to restructure their businesses to operate more electronically using a wide array of online tools and technology.

In a recent survey, 10 out of 50 businesses said they were not reverting back to their former model of operations as they had realised that it was completely unnecessary.

Top reasons given are:

Given the shedding of operation load and streamlining to basic functions whilst retaining the quality of product and or service, they also shed a lot of costs which increased their bottomline;
emote service deliveries enabled them to get into more territories that they couldn't access prior to the C-19 pandemic. Thus leading to an expansion of clientele/market share.

7 0

2 years ago

Financial statements can be prepared _____. (select all that apply.) multiple select question.

marysya [2.9K]

Financial statements can be prepared : b. may be prepared more than once a year; c. may have a fiscal year end other than December 31.

<h3>What is financial statement?</h3>

Financial statement help to summarize the financial position of a business and it as well help to show the day to day transaction of a company or day to day activities of a business at a particular period of time.

Financial statement of a company can be prepared more that once in a year and financial statement may tend to have fiscal year end that is other than last month of the year which is 31st December.

Therefore Financial statements can be prepared : b. may be prepared more than once a year; c. may have a fiscal year end other than December 31.

Learn more about financial statement here:brainly.com/question/21307159

#SPJ1

The complete question is:

Financial statements ______. (Select all that apply.)

a. must have a calendar year end of December 31

b. may be prepared more than once a year

c. may have a fiscal year end other than December 31

d. are prepared just once a year

8 0

1 year ago

At the end of the first month of operations, the Lamar Company's accountant prepared financial statements that showed the follow

Sedaia [141]

Answer:

Assets = $87,350

Liabilities = $30,450

Stockholders' Equity = $56,900

Net Income = $7,900

Explanation:

The correct amounts of assets, liabilities and stockholders' equity at month-end and net income for the month can be determined as follows:

Assets = Recorded asset value - Depreciation + Unbilled service revenue = $90,000 - $4,500 + $1,850 = $87,350

Liabilities = Recorded liabilities + Unpaid wages = 30,000 + 450 = $30,450

Stockholders' Equity = Recorded Stockholders' Equity - Depreciation + Unbilled service revenue - Unpaid wages = $60,000 - $4,500 + $1,850 - $450 = $56,900

Net Income = Recorded net income - Depreciation + Unbilled service revenue - Unpaid wages = 11,000 - $4,500 + $1,850 - $450 = $7,900

Note that from the above calculations, we can obtain:

Liabilities + Stockholders' Equity = $30,450 + $56,900 = $87,350

This therefore confirms the accounting equation that:

Assets = Liabilities + Stockholders' Equity = $87,350

8 0

3 years ago

The supply schedule is identical to the demand schedule at every price. b The quantity demanded is the same as the quantity supp

ale4655 [162]

Answer:

B, The quantity demanded is the same as the quantity supplied.

Explanation:

Because the quantity supplies must be at lest equal to the quantity demand, in order to satisfy the market and not lost it.

6 0

2 years ago