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Otrada [13]
3 years ago
6

Profits and losses play an important role in helping a. to signal to government which businesses are suffering losses so that th

ey can be subsidized. b. consumers decide which products they value the most by looking at each firm's profit. c. direct businesses toward productive projects and away from ones that are productive. d. ensure that the total profits in the economy exactly equal the total losses.
Business
1 answer:
Damm [24]3 years ago
6 0

Answer:

Profits and losses play an important role in helping  direct businesses toward productive projects and away from ones that are productive.

Explanation:

That is the essence of accounting and finance monitoring that the efforts that the company is carrying out are compensating with the corresponding profits; If this is not the case, we make corrections or start new projects. Knowing profits and losses, we can know if a business is viable or not.

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4 0
3 years ago
Tropical Tours reported revenue of $411,000 for its year ended December 31, 2021. Accounts receivable at December 31, 2020 and 2
myrzilka [38]

Answer:

$406,300

Explanation:

The computation of the cash collection is shown below:

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2 years ago
Select all parts that should be included in a resume.
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Answer:

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4 0
3 years ago
Majid Corporation sells a product for $195 per unit. The product's current sales are 42,300 units and its break-even sales are 3
evablogger [386]

Answer:

$1,389,375

Explanation:

Data provided as per the question:-

Product per unit = $195

Current sales = 42,300 units

Break-even sales = 35,175 units

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Margin of safety (in units) = Total sales - Break-even sales

= 42,300 - 35,175

=7,125 units

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= $1,389,375

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Market Research is necessary to discover the potential success of new and existing products. True False
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