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vitfil [10]
4 years ago
7

True/False

Business
1 answer:
alexgriva [62]4 years ago
3 0

Answer:

True

Explanation:

Revenue accounts are accounts were entries of the sales of products as well as the revenue generated by firm or company are properly recorded.

Expense accounts are accounts where that show us the expenses generated by a firm or company. Such expenses are the things the company spends money on which could be purchase of raw materials, payment of labour, repairs of machineries e.t.c.

An accounting period is a duration of time where accounts in a firm or company are balanced and closed for that period.

Revenue and expense accounts must be closed out because their balances apply to only one accounting

period.

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Importance of joint stock Company​
slamgirl [31]
The market is up rn depending on what brands you trust and willing to invest in
8 0
3 years ago
Key West To Go, located in Key West, Florida, builds and sells scooters. These are sold to several local shops in the area, who
beks73 [17]

Answer:

d. 42.90 hours

Explanation:

y = aQᵇ

y = average time to produce one more unit

a = the time it took to produce the first unit

Q = cumulative production

b = learning rate = [(log learning rate in %) / log 2] = -0.152003093

learning rate in % = 10.8 / 12 = 0.9 = 90%

cumulative quantity             average hours per unit               total hours

1                                                    12                                               12

2                                                   10.8                                            22.8

3                                                   10.38                                          33.18

4                                                   12 x 4⁻⁰°¹⁵²⁰⁰³⁰⁹³ = 9.72            42.90

3 0
3 years ago
Even though the nation faces political instability, the island of Frollik with its wide, expansive beaches is a destination hub
OleMash [197]

Answer:

The correct answer is foreign direct investment.

Explanation:

Foreign Direct Investment (FDI) consists of the capital investment by a natural person or a legal entity (institutions and public companies, private companies, etc.) in a foreign country. In the country of destination, this capital inflow can be made through the creation of new production plants or the participation in companies already established to form a subsidiary of the investment company. According to the OECD, FDI aims to exercise long-term control over the acquired or investee company, and the criteria established to define it is that the property acquired by the parent company be at least 10% of the subsidiary.

7 0
3 years ago
Preferred stock is a hybrid, a sort of cross between a common stock and a bond in the sense that it pays dividends that normally
saveliy_v [14]

Answer:

The correct answer is False because preferred dividends don't normally grow.

Explanation:

The preferred stock is an action that gives the holder an extra privilege, usually of an economic nature, with respect to what we commonly know as ordinary shares.

For example, the holder of a preferred stock has a higher hierarchy in the collection of dividends or in the distribution of the remaining equity in the event of bankruptcy by the company.

As with ordinary shareholders, preferred shares do not expire, but however, unlike ordinary shares, preferred shares do not legitimize their right to vote at ordinary or extraordinary shareholders meetings, nor do they assign some participation in the capital of the company. Likewise, the profitability of preferred shares is also not guaranteed, because it is linked to obtaining benefits.

5 0
3 years ago
Which of the following is true regarding the high-tech industry today?
emmasim [6.3K]

Answer:

businesses are often located near major universities or research institutions

Explanation:

High technology, or high tech (sometimes also called frontier technology or frontier tech), is technology that is at the cutting edge: the most advanced technology available.

7 0
4 years ago
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