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Butoxors [25]
3 years ago
6

31. Why is a profit and loss statement useful for a business? (1 point)

Business
2 answers:
Gnoma [55]3 years ago
5 0

<u>Answer:</u>

Option( D)

It consolidates essential information about the business.

<u>Explanation:</u>

The Profit & Loss account describes different business activities such as expenses and revenues of the business, particularly useful in finding out the risk of not achieving the required one and planned the level of income in the future.

It also gives us information required to find out tax obligations.Hence, profit and as well as loss statement is useful for a business by providing various important information about the business

rewona [7]3 years ago
4 0

Answer:

D It consolidates essential information about the business.

Explanation:

The Profit and Loss statement, commonly known as PyL is the statement that consolidates the operation in each period. In general, it is useful to determine: the revenues, the operating profit, The EBITDA (Earnings Before Interests and Taxes plus Amortization and Depreciation), the Profit before taxes and the net profit.

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How is the market supply curve derived from the supply curves of individual producers?.
NNADVOKAT [17]

The way that the market supply curve is derived from the supply curves of individual producers is by horizontally adding the individual supply curves.

<h3>How is the market supply curve estimated?</h3>

The market supply curve is estimated by adding up all the individual supply curves in the market. This therefore shows the total amount os supply for a good or service in the market.

The way that this addition is done is by horizontally adding the supply curves. What this means is that the quantities that are being offered by each individual suppliers at the various prices in the market, are added up to come up with the market supply curve.

Options for this question are:

  • a. finding the average price at which sellers are willing and able to sell a particular quantity of the good.
  • b. vertically summing individual supply curves.
  • c. finding the average quantity supplied by sellers at each possible price.
  • d. horizontally summing individual supply curves.

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8 0
1 year ago
Managerial implications for the SDT theory include: Group of answer choices to motivate high performance for uninteresting jobs
geniusboy [140]

Answer:

to motivate high performance for uninteresting jobs make performance contingent on extrinsic rewards.

Explanation:

Extrinsic rewards means the motivation i.e. controlled and produced via payment, awards and appreciations. In the case when the job is not interesting so the motivation level should be high in this situation and when the job is interesting the motivation level should not high

So as per the given situation, the above statement should be considered as an answer

4 0
3 years ago
Barney decides to quit his job as a corporate accountant (which pays $10,000 a month) and go into business for himself as a cert
Orlov [11]

Answer:

Accounting Profit = $11,875

Economic Profit = $1,575

Explanation:

income from job = $10,000 /month

Rent which could have been earned = $300 /month

Office supplies = $75 /month

Increase in electricity bills = $50 /month

Income from home = $12,000 /month

(a) Accounting profit = Income - Costs

                                  = $12,000 - ($75 + $50)

                                  = $11,875

(b) Economic profit = Accounting profit - Opportunity cost

                                = $11,875 - ($10,000 + $300)

                                = $1,575

5 0
2 years ago
What standard describes uniform, enterprise-wide cabling systems, regardless of who manufactures or sells the various parts used
ira [324]

Uniform, employer-wide cabling structures, no matter who manufactures or sells the diverse elements used in the system of gadget.

An employer analytics method allows companies to discover the equipment and techniques they need to installation to work with these large facts units and extract meaningful insights from them that can be used to tell enterprise choices. It needs in order to exchange over the years to meet evolving commercial enterprise needs.

Enterprise  cabling structures are going through a big paradigm shift. inside the past, one of the principal capabilities of a cabling device changed into to attach the laptop and IP telephone in workstations to the business enterprise community spine. that is swiftly

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3 0
2 years ago
On January 1 of this year, Ikuta Company issued a bond with a face value of $100,000 and a coupon rate of 5 percent. The bond ma
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