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2 years ago

Describe the difference between cost of goods and operating expenses.

1 answer:

8 0

Both operating expenses and cost of goods sold (COGS) are expenditures that companies incur with running their business. However, the expenses are segregated on the income statement. Operating expenses and COGS measure different ways in which resources are spent in the process of running a company.

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The united states' first large business bureaucracies began within which industry?

Morgarella [4.7K]

The United States' first large business bureaucracies began within which industry? A bureaucracy is a large organization of appointed officials. These members are chosen to represent the group at large until otherwise removed. Patronage is the first bureaucracy that began in 1789 that Thomas Jefferson served on.

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3 years ago

When a negative real shock hits the economy, in the absence of any monetary intervention?

Reptile [31]

When a negative real shock hits the economy, without monetary intervention, both inflation and real growth will decline.

Inflation can be defined as an increase in prices, which can be translated as a decrease in purchasing power over time. The rate of decline in people's purchasing power can be reflected in the increase in the average price of a selected basket of goods and services over a period of time. An increase in price, which is often expressed as a percentage, means that one unit of currency is effectively buying less than it did in the previous period. Inflation can be contrasted with deflation, which occurs when prices fall and people's purchasing power increases.

You can learn more about inflation here brainly.com/question/28190771

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2 years ago

Based on the experiences of Thailand, Kenya and China in promoting family planning, what do you think the key is to reducing pop

ratelena [41]

Family planning is the major point so as to reduce birth rate in the country immigration and emigration

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2 years ago

Gaulle Company began the year with a balance of $6,000 in Accounts Receivable and ended the year with $9,000 in the account. Rev

Mkey [24]

Answer:

$35,000

Explanation:

Data provided in the question:

Accounts Receivable at the start of the year = $6,000

Accounts Receivable at the end of the year = $9,000

Revenues for the period = $38,000

Now,

cash collected from the customers

= Beginning balance + Revenue for the year - Ending balance of account receivable

= $6,000 + $38,000 - $9,000

= $35,000

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3 years ago

Which of the following statements is true of a corporation?

Vladimir [108]

Answer:

d. Corporations pay income tax on corporate earnings, and shareholders pay personal income tax on corporate dividends and gains from the sale of stock.

Explanation:

At the end of each accounting period, the corporation is expected to pay a tax known as income tax from the taxable income earned by the corporation. This tax is paid by the corporation before the amount to be paid to the shareholders of the company in form of dividends.

The shareholders of the company are further subjected as individuals to personal income tax.

This is known as double taxation of dividend. Gains from sale of stock are also taxed under personal income tax.

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3 years ago

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