Answer:
The major advantage of multiple step income statement is that it breaks down the operating revenues and the costs incurred in the business.
It shows separated Gross profit which can be calculated as: Sales - COGS.
Apart from that, it shows separate Operating Income: Gross Profit - Operating expenses.
Lastly, it shows Net income: Operating income + non operating income.
Hence, concluded that, multiple step income statement offers a greater and detailed picture as compared to single step income statement.
Hope this helps.
Good Luck buddy.
According to the matrix of agreeability and influence, the members of a leading coalition for change will be a part of the high agreeable and high influence group, A coalition is a pact or union between people, social groups or states to achieve a common goal, but their members need to have great aceptance for the coalition to work and generates a good response from citizens.
The equity investment that lack significant influence adjusted is Unrealized holding gain or loss is included in net income.
<h3><u>
What is equity?</u></h3>
- Equity, also known as shareholders' equity, is the sum of money that would remain in the hands of a company's shareholders after all of the company's assets have been sold and all of the debt has been settled, in the event of a liquidation.
- It is the worth of company sales less any obligations owing by the company that were not transferred with the sale in the case of an acquisition.
- Additionally, a company's book value may be represented through shareholder equity.
- Equity may occasionally be given in exchange for cash.
- Additionally, it symbolizes the proportionate ownership of a company's shares.
One of the most frequently used pieces of information by analysts to evaluate a company's financial health is equity, which can be found on a company's balance sheet.
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An example of a <u>threat from substitute products</u> is when new communication technology impacted unrelated industries such as the airline industry.
<h3>What are substitute products?</h3>
A substitute products refers to similar product that can be replaced with use of former product by the consumers
In conclusion, the example of a <u>threat from substitute products</u> is when new communication technology impacted unrelated industries such as the airline industry
Read more about substitute products
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Answer:
The correct answer is option A, option B, option D.
Explanation:
A public good can be defined as the good that a consumer can consume without reducing its availability to others. This non-rivalrous nature of public goods makes it difficult to exclude those who do not pay from consuming it.
This makes public goods non-excludable in nature. The consumers can not be exempted even if they don't pay, so people have an incentive to consume without paying.
