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
Darden has beginning equity of $284,000, total revenues of $70,000, and total expenses of $32,000. the company has no other tran
kolbaska11 [484]

ujhiolijp;.lkophj;ibhjuihuiobj

8 0
2 years ago
Read 2 more answers
The cross-price elasticity of demand measures the percentage change in quantity of a good demanded when the price of a different
Harrizon [31]

Answer:

hello your question is incomplete attached below is the complete question

answer :

For Negative cross-price Elasticity :

DVD players and DVD and Shampoo and conditioner

Positive cross-price Elasticity :

Beer and Wine  and  Soda pop and iced tea

Zero cross-price elasticity :

Coffees and shoes

Explanation:

<u>For Negative cross-price Elasticity : </u>

DVD players and DVD and Shampoo and conditioner ; this is because the percentage change in the price of any of the good will affect the demand for both goods negatively or positively

<u>For positive cross-price Elasticity :</u>

Beer and Wine  and  Soda pop and iced tea : The percentage change in the price of any of the good will affect the demand of the other good positively ( increase in demand of the other good )

<u>For Zero cross-price Elasticity </u>:

Coffees and shoes; The percentage change in the price of any of the good will not affect the other because both goods are not related

6 0
3 years ago
1) Household spending on goods and services is known as A) consumption spending. B) planned investment spending. C) government p
Levart [38]

Household spending on goods and services is known as consumption spending.

Explanation:

Consumption spending is the purchasing of goods and services by individuals or families. At the macroeconomic point, it is the bulk of aggregate demand. Household spending is the amount resident households pay for end-consumption spending to meet their daily needs.

Consumer spending is the overall money that individuals and households spend on the final goods and services for personal use and pleasure in an economy. Consumer spending is a major economic driving factor and a central principle in economic theory.

5 0
3 years ago
What is considered a necessary loan
aliya0001 [1]

Answer:

Car loan, Student loan, Home loan are examples of necessary loans.

Plz click thxs or mark brainliest!

Yours Truly.

6 0
3 years ago
Many organizations choose to accomplish aggregate planning on the basis of _____ and _____ methods. Multiple Choice spreadsheet;
Degger [83]

Majority of organizations choose to accomplish aggregate planning on the basis of simulation and experience methods.

<h3>What is an aggregate planning?</h3>

This refers to the process of developing and maintaining a schedule of the overall operations of an organization.

Most organization uses an aggregate planning to achieve their financial goals and improve the bottom line.

Therefore, the Option C is correct.

Read more about aggregate planning

<em>brainly.com/question/18803972</em>

#SPJ1

5 0
2 years ago
Other questions:
  • Ted Catering received $1,180 cash in advance from a customer for catering services to be provided in three months. Determine the
    14·1 answer
  • Allocating funds to promotion whereby the company determines its promotion objectives, outlines the tasks to accomplish these ob
    7·1 answer
  • Which of the following statements about executing and evaluating the promotion program is most accurate?
    7·1 answer
  • Unit 4 laboratory: Heat Transfer​
    15·1 answer
  • The 2021 income statement of Anderson Medical Supply Company reported net sales of $12 million, cost of goods sold of $5.5 milli
    8·1 answer
  • Which of the following statements is TRUE? *
    13·1 answer
  • businesses, especially e-businesses, often collect data about their customers, the individuals and organizations with which they
    10·1 answer
  • Suppose that an appraiser has come to the following conclusions in evaluating the subject property. Due to the dramatic shift in
    8·1 answer
  • The selling of Busch Entertainment, a theme park unit that owns SeaWorld, by Belgium-based AB InBev after the acquisition of Anh
    7·1 answer
  • On january 15, the owner of a sole proprietorship withdrew $2,000 cash for personal use from the business. how would this entry
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!