Items that belong in the income statement include:
- Revenue, expenses and net income
<h3>The Income Statement </h3>
- Is used to calculate the total income earned by a company in a given period.
- Lists the revenue and expenses.
The net income will then be calculated by deducting the expenses from the revenue.
In conclusion, the income statement shows revenue, expenses, and income.
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The income statement is one of the most common and important financial statements. The income statement, also known as the income statement (P&L), summarizes all income and expenses over a period of time, including the cumulative impact of income, profits, expenses, and loss transactions.
S stands for Selling Expenses and includes the costs of advertising, selling, and delivering goods and services. Selling expenses include sales materials, travel expenses to customers and prospects, advertising expenses, salesperson salaries and commissions, and so on.
Operating expenses — also known as selling, general, and administrative (SG&A) expenses — are the costs of running a business. These include rent and utilities, marketing costs, computer equipment, and employee benefits.
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A firm's attempts to shorten the length of time a process takes may lead to disappointing outcomes because of time compression diseconomies.
<h3>
What are time compression diseconomies?</h3>
- According to time compression diseconomies, which are defined as inefficiencies that arise when work is done more quickly, the cost of building a competency will rise exponentially as the amount of time permitted to do so decreases.
- Not every subsidiary deals with time compression diseconomies to the same extent.
- The date of a later subsidiary formation may affect how strong TCD is. Early-established subsidiaries may have greater TCD than later entries due to two factors.
- First, for late movers, vicarious learning may lower TCD. Second, TCD is made worse by the higher environmental uncertainty that early mover subsidiaries frequently experience.
- TCD explains why the well-studied relationship between the level of multi-nationality and business success is negatively moderated by the rate of overseas expansion.
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Answer: the body governing control on business
Explanation:
The body responsible for issuing of tax in most countries and cities differs, in most cities an organization could be set up to monitor different business or a specific business or the state government of that city may stand up for such responsibility. It all depends on the state.
Answer:
C
Explanation:
In marketing , it is believed that the values a product offers go a long way to influence the customer's decision about the product.
One aspect of customers value proposition (CVP) that Christine based her selling approach on is all benefits approach
All benefits approach is an aspect of CVP where the seller attempts to reveal every benefit attached to the product being sold . This explains why Christine had to go as far as cooking to prove the benefits of the cookware to customers.
Moreover , this particular approach needs less or little information about the customers and even competitors.
