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True [87]
3 years ago
13

Markup represents an amount needed to cover operating expenses. a. True b. False

Business
1 answer:
Illusion [34]3 years ago
8 0
Operating expenses are taken from the normal business operation such as administrative or selling expense. It is part of the operating cost. Markup is defined as the amount added to the cost of goods to fix a selling price. So, to answer the question above: True.
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By showing a thorough understanding of your survey results, organizing your content in a clear manner, and generally showing you
egoroff_w [7]

Answer:

competence

Explanation:

Credibility is defined as the ability of an endeavour or individual to inspire confidence by those interested in it.

Credibility has 3 aspects - caring, character, and competence.

Competence is the ability of an individual to demonstrate adequate knowledge, skill, strenght, or judgement with regards to a particular area of interest.

In the given instance where one is showing a thorough understanding of your survey results, organizing your content in a clear manner, and generally showing you are prepared for this presentation. He is demonstrating competence

5 0
3 years ago
How does inertia affect a person who is not wearing a seatbelt during a collision?
Zepler [3.9K]
The passanger will move with the collision
4 0
3 years ago
Read 2 more answers
On November 1, 2013, Wenger Co. paid its landlord $4,260 in cash as an advance rent payment on its store location. The six-month
Lubov Fominskaja [6]

Answer:

The journal entry should be:

November 1, 2013, six months of rent paid in advance

Dr Prepaid rent 4,260

    Cr Cash 4,260

Assets                                             = liabilities + equity

cash            prepaid rent

-$4,260       $4,260                          $0              $0

Revenues           -          Expenses          =           Net income

$0                                  $0                                   $0

This operation represents an operating cash flow activity.

3 0
3 years ago
In a market economy, a. the allocation of scarce resources determines prices and prices, in turn, determine supply and demand. b
user100 [1]

Answer:

<h2>In a market economy,the impact of supply and demand determines the prices of goods and services which in sequence influence the allocation of economy's scarce resources.Hence,the correct answer wold be option b.</h2><h2 />

Explanation:

In a market economy,much of the economic and commercial activities such as production,investment,allocation,consumption of goods and services are governed by their market prices which are determined completely by the free forces of supply and demand in the economy.In a market economic system,the factors or inputs of production are owned and allocated by the independent or private business organisations or firms with limited government or state control over the means of production.Majority of the commodity and service markets are free of any external state or government intervention and operate freely based on the movements and fluctuations of the market prices of goods and services which are determined by the changes in market demand or supply.Therefore,economic allocation or arrangements of goods and services in a market economy is mostly determined by the free interaction of demand and supply

4 0
3 years ago
Farah is one of a handful of permanent employees at an e-retailing company that has little to no formal structure. Depending on
Lera25 [3.4K]

Answer:

virtual organization

Explanation:

A virtual organization is a type of organization that has employees situated in several geographical locations, either on a temporary or permanent basis, who carry out its several production functions, and are usually dependent  on electronic means of communication and executing production. A virtual organization really do not have any real formal structure. One of the major advantages of such organization is that it is cost saving.

Farah’s company is an example of a virtual organization.

3 0
3 years ago
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