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Mila [183]
3 years ago
8

True or false? Profit is found by subtracting operating costs from total revenue.

Business
1 answer:
olga55 [171]3 years ago
6 0

Answer:False

Explanation:Profit=total- total cost

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What process uses warehousing to add value to a product through component​ modification, repair,​ labeling, and​ packaging?.
Reil [10]

Answer:

Customizing

Hope this helps :)

5 0
3 years ago
A chart of accounts is a list of all ledger accounts and an identification number for each. Identify the following accounts as e
Elenna [48]

Answer:

Asset is what a business owns anv control and its use generate future economic benefits.

Liability is a present obligation of an entity arising from past events, the settlement which will lead to an outflow of economic benefits.

Equity is the residual interest in an entity after its liabilities have been deducted from assets.

Revenue is income arising from the ordinary activities of a business

Expense arises in the morning course of activities

a. Advertising Expense - expense

b. Rent Revenue - revenue

c. Rent Receivable - asset

d. Patents - asset

e. Rent Payable - liability

f. Furniture - asset

g. Notes Payable - liability

h. Owner, Capital- equity

i. Utilities Expense - expense

Explanation:

a. Advertising Expense - expense

b. Rent Revenue - revenue

c. Rent Receivable - asset

d. Patents - asset

e. Rent Payable - liability

f. Furniture - asset

g. Notes Payable - liability

h. Owner, Capital- equity

i. Utilities Expense - expense

7 0
4 years ago
Which of the following is an advantage of the corporate form of business when compared to sole proprietorships and partnerships?
Rudiy27

Answer:

D. Limited Partnership

Explanation:

Sole proprietorship is business owned , run & managed by single owner. Partnership is a business owned , run & managed by small group of people - deciding to share its profits .

Entrepreneurs in these have Unlimited Liability on personal assets, in case business assets are insufficient to settle business liabilities .

Corporation is a separate legal entity, distinct from its huge group of owners , guided by a board of directors. In case of any claim / sue case : it is against corporate entity & not the people, so they don't have any unlimited liability risk on personal assets to fulfil company's claims .

5 0
3 years ago
Government policies, access to resources, and social attitudes can either support or hinder a culture of entrepreneurship. Categ
babymother [125]

Answer:

fudueeuejejejejeje

Explanation:

ghfhfhdrrudhfhcjcjcjf

6 0
3 years ago
Another name for back rushing is?
zhenek [66]

Answer:

Ruffing

Hope this helps!!!

6 0
3 years ago
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