The answer is: will not make a lot of money
In business, risk and profit would always go on the same direction. Meaning that A decision that had low risk tend to had lower amount of profit while a decision that had high risk tend to had higher amount of profit as a reward.
Strategy to minimize a risk tend to be done by people or organizations that do not have large reserve of capital and their mind goal is so the business can survive rather than taking as much profit as possible.
The correct answer is C,
A good is said to have an inelastic supply if the suppliers did not have any choice than producing it even though the cost of production is high and the buyers did not have any choice than buying it even though it is expensive.
No one can do without shoes, even if they are expensive, we still need to buy them.
Answer:
Both A and B
Explanation:
The original record that contains details that substantiates or supports the original document which will be entered in accounting system is called source document.
They describe basis facts such as amount, purpose and date.
Cancelled checks, credit card receipts and supplies invoices, cash register tapes are examples of source documents.
Answer:
B.
Explanation:
It shields the new owner of the property from losses that could result unexpected claim to the property by a third party.
Answer:
$49,000
Explanation:
The cash balance at the end of the period is the remaining balance after considering the opening cash balance and the net movement (which is the inflow and outflow) in cash during the period.
Let the cash payments be y
$29000 + $50000 - y = $30,000
y = $29000 + $50000 - $30,000
y = $49,000
Cash payments for the month of May were $49,000
