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3 years ago

The payment to entrepreneurship is called

1 answer:

6 0

Profit is the payment to entrepreneurship. When the entity’s amount earned exceeds the amount spent in buying, operating, or producing something and it has a financial gain, this is then the term we call the profit. This is what an entity obtains when the amount of revenue from a business activity exceeds the expenses, costs and taxes which are all needed to sustain the activity. The owner may or may not decide to use the profit on the business. This is also defined as the money the business makes after all the expenses have been taken into account. It is any company’s goal to consistently earn profit. This is the reason why much of business performance is based on the various forms related to profitability.

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Which of the following statements is true of break-even point?

Misha Larkins [42]

Answer:

D) It helps managers exercise control after the product has been created and is ready for marketing.

Explanation:

Break-even point is the point where the total cost matches the total revenue,it is helpful to managers in order to control the business,it helps them to know when to implement certain changes or favorable incentives for improved sales and overall revenue.

It is calculated by dividing the total fixed cost/total revenue for one unit minus the variable cost for one unit.

It helps managers to control the profit margins in a given product,and also know the impact of changes to total revenue or profit when a process is Automated.

6 0

3 years ago

Recognizing oneself as part of a whole and working toward a

Lubov Fominskaja [6]

Answer:

555

Explanation:

4 0

3 years ago

1. Cooper and Brandy are married and file a joint income tax return with two separate Schedule Cs. Cooper is an independent secu

Nina [5.8K]

Answer:

the total deductions on their schedule Cs for special clothing and uniforms is $750

Explanation:

Now you have to know that Brandy's jeans and her laundry cannot be deductible. if her shirt is to be deductible,then it should have the id of the company on it. But we are told that they are just regular work wears.

the calculations are as follows:-

cooper's uniform through the year = $395

cooper's laundry = $175

cooper's altering allowances = $65

Brandy's safety glasses and shoes when working = $115

summing these up

395 + 175 + 65 + 115

= $750

the total deductions on schedule Cs is $750

note:

note:the second question you posted is the same as the first. so the answer is the same

5 0

3 years ago

The cumulative effect of the declaration and payment of a cash dividend on a company's financial statements is to increase total

ankoles [38]

Answer:

decrease total assets and stockholders' equity

Explanation:

At the time of declaration a liability increases, against dividend expense.

At the time of payment that liability is settled by paying in cash.

Thus net effect of both transactions is decrease in cash and increase in expenses.

If we carefully analyse the options, then

we get that there is decrease in assets in the form of cash and decrease in equity as expenses decrease retained earnings which are owner's equity.

Therefore, correct option is

decrease total assets and stockholders' equity.

7 0

3 years ago

Reunion Corporation provides the following information. March 31, 2018 March 31, 2019 Net Income Preferred Dividends Total Stock

iris [78.8K]

Answer:

C) $1.74

Explanation:

2018 2019

Net Income $358,000 $425,500

Preferred Dividends $0 $0

Total Stockholders' Equity Stockholders' $4,380,000 $5,132,000

Equity attributable to Preferred Stock $0 $0

Number of Common Shares Outstanding 294,464 195,168

earnings per share = (net income - preferred dividends) / average outstanding shares

net income 2019 = $425,500
preferred dividends 2019 = $0
average number of common stocks = (294,464 + 195,168) / 2 = 244,816

EPS = $425,500 / 244,816 = $1.738 ≈ $1.74

7 0

2 years ago