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Sholpan [36]
3 years ago
10

PeoplePapers, a greeting cards manufacturing company, has retail stores in most parts of the country. It hires its employees fro

m the best universities around the world and uses the best equipment in its manufacturing processes. In this scenario, the organization's processes, its employees, and its equipment are examples of its_____.
Business
1 answer:
Drupady [299]3 years ago
8 0

OPTIONS:

A. Resources B. reserves. C. overheads. D. variable costs.

Answer:

A. Resources

Explanation:

Resources are factors that aid the production process of any business, which includes land, labor, capital, and management. All are combined together to make production successful. The organization’s processes, the employees and its equipment can be regarded as the company’s resources which are put together in the production of greeting cards for customers use.

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<u>Income Statement on December 31st:</u>

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Income statement

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Revenue                                           $

Sales Revenue                             166,000  

Other Revenue                                   -  

Total Revenue (A)                             166,000  

Expenses:                                    $

Salaries and Wages Expense             97,000  

Interest Expense                                6,300  

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Income Tax Expense                        18,500  

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Net Income (A-B)                                 $23,175

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