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
Elis [28]
3 years ago
8

Which of the following statements is CORRECT?

Business
1 answer:
Lera25 [3.4K]3 years ago
3 0

Answer:

c. The "apparent," but not necessarily the "true," financial position of a company whose sales are seasonal can change dramatically during a given year, depending on the time of year when the financial statements are constructed.

Explanation:

Financial statements are used to show the financial activity of a business within a given period.

One of the principles of a accounting is periodicity. This requires businesses to report their financial position at regular intervals consistently, and not in an inconsistent manner. So if a business reports their finances twice a year. At year end and at mid year, it is possible that at mid year due to seasonal sales performance will be high and business is perceived to be highly profitable.

But financial report at end of year in the off-season will show low performance.

So for seasonal businesses there can be apparent view of a business during the year that can change dramatically because of time at which reports are made.

You might be interested in
A research study showed that adolescents who watched more than 4 hours of TV per day were more than five times as likely to star
Bogdan [553]

Answer:

peer pressure

Explanation:

when your friend is convincing u in doing some thing wrong

3 0
3 years ago
Yekutia has the resources to manufacture 320 motorcycles or 570 lawn-mowers per year. The country of Bezanitia, has the capabili
kodGreya [7K]

Answer:

Bezanitia,

1.782609

Explanation:

Opportunity cost is the cost of the next best option forgone hen one alternative is chosen over another alternative.

By choosing to produce one  more motorcycle, the countries would be giving up the opportunity to produce one more unit of lawn mowers

Yekutia's opportunity cost in the production of motor cycle = 570 / 320 = 1.781250

Bezanitia's opportunity cost in the production of motor cycle = 410 / 230 = 1.782609

8 0
3 years ago
The cost structures of a monopoly have ____________ relationships among fixed costs, variable costs, marginal costs, and average
Ksju [112]

The cost structures of a monopoly have the same relationships among fixed costs, variable costs, marginal costs, and average cost values as pure competition.

Profits for the monopolist, like all organization, can be identical to total revenues minus total costs. The sample of costs for the monopoly may be analyzed inside the identical framework because the costs of a perfectly competitive firm—that is, with the aid of using using total cost, fixed cost, variable cost, marginal cost, average cost, and average variable cost.

However, due to the fact a monopoly faces no competition its situation and its choice method will fluctuate from that of a superbly aggressive organization.

<h3>What is Monopoly Price?</h3>

A monopoly price is set by a monopoly. A monopoly occurs when a firm lacks any viable competition and is the sole producer of the industry's product. Because a monopoly faces no competition, it has absolute market power and can set a price above the firm's marginal cost. Since marginal cost is the increment in total cost required to produce an additional unit of the product, the firm can make a positive economic profit if it produces a greater quantity of the product and sells it at a lower price.

Learn more about Monopoly on:

brainly.com/question/7217942

#SPJ4

8 0
2 years ago
Who want to talk and be friends
Umnica [9.8K]

Answer:

Alright lets talk

Explanation:

8 0
3 years ago
Read 2 more answers
During the current month, a company that uses job order costing purchases $50,000 in raw materials for cash. It then uses $12,00
Maksim231197 [3]

Answer:

Please see details below:

Explanation:

Raw materials inventory    $ 50.000

                 Cash      $50.000

*this entry register the stock of the raw materials in the accounting system.

Factory Supplies      $12.000

                 Raw materials inventory    $12.000

*Some raw materials can be used as intermediate goods..

Finished Goods      $12.000

                 Raw materials inventory    $12.000

*Some raw materials can be used as Finished goods..

5 0
3 years ago
Other questions:
  • Caroline is conducting a share point analysis for Bloomingdale's. First, she estimates total industry sales by compiling a list
    6·1 answer
  • "which business function is displayed with the transaction code va03"
    15·2 answers
  • Suppose that a plant manager has taken MgtOp 340, and so she uses economic batch sizes for production of a product. Suppose furt
    10·1 answer
  • Carmen cattucci wanted to buy a new car. she visited several dealers to compare prices, styles, and dealer reputations. finally,
    14·1 answer
  • IKEA employees are inspired to work hard by an anecdote from their Swedish founder, Ingvar Kamprad, who told how he was berated
    7·1 answer
  • As workers demand higher wages to produce automobiles, how will this influence the automobile market?
    10·1 answer
  • What are the four elements of the marketing mix?
    15·1 answer
  • The primary concern of conglomerate diversification is ____________.
    14·1 answer
  • What is the definition of customer service?
    14·1 answer
  • An accounting transaction may impact only one financial statement or multiple statements. true false
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!