If you did a break-even analysis for your firm, it would be possible for you to show management the point at which <span>the level of sales that will cover all of the company's costs</span>. A break-even analysis is how management and accountants asses the variable and fixed costs a company has with their sales revenue. When comparing these, the company is able to see at what point they will break even and cover all necessary operating costs. A good way to remember break-even is the point in which a business has no profit or loss.
Answer:
c. a claim against a portion of the total assets of an enterprise.
Explanation:
The statement of stockholder's equity comprises common stock, preferred stock, and retained earnings.
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
And, the ending balance of the common stock = Beginning balance of common stock + issued shares
In this the accounting equation is used which is shown below:
Total assets = Total liabilities + stockholder equity
The debit and credit side of the balance sheet should always be equal and balanced. So, its claims against the portion of the total assets
A free market economy is one in which economic decisions and price of goods and services are guided solely by the aggregate interactions of a country's individual citizen and businesses, with little intervention from the government. If the market price of apple increases in such an economy, it means that there is a shortage in the market for apples.
Answer:
(E) None of the expenses are deductible by an employee.
Explanation:
Given:
Airfare to New Jersey = $2,000
Meals = $220
Lodging in New Jersey = $450
Rental car = $180
Since, all the expenses here are linked to the activities that are done on the business trip i.e expenses not occurred for the personal benefit or for the personal use.
also, the employees cannot deduct the business expenses.
hence, option (E) is correct
Answer:
Genshin Impact is 2.1 billion only for play store
Fate of grand order 3 billion now it's over 4 billion at the date of 2020
