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Luda [366]
3 years ago
11

Oneoftherolesof commercial enterprise on behalf of the government?​

Business
1 answer:
dedylja [7]3 years ago
8 0

Answer:

To embark and oversee the specified business dealing of the government

Explanation:

Commercial enterprise maybe explained as establishments, business setups which are created with the aim of providing services, sell and market goods and other revenue generating activities. The commercial enterprises may also be in agreement with other companies to sell, market or distribute in their behalf. The government may, in a bid to provide adequate monitoring and management of some of its properties, income source or setups, they may engage the services of a commercial enterprise to manage a d oversee the functions and running of the business whereby government pays the enterprise for its services depending on the agreed terms and conditions.

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Russell Inc. had sales of $2,300,000 for the first quarter of 2017. In making the sales, the company incurred the following cost
TEA [102]

Answer:

$527,000

Explanation:

Preparation of a CVP income statement for the quarter ended March 31, 2017.

Russell Inc.income statement for the quarter ended March 31, 2017.

Sales $2,300,000

VARIABLE EXPENSES

Cost of goods sold $940,000

Selling expenses 74,000

Administrative expenses 96,000

Total Variable Expenses 1,110,000

Contribution Margin 1,190,000

($2,300,000-$1,110,000)

FIXED EXPENSES

Cost of goods sold $464,000

Selling expenses 54,000

Administrative expenses 145,000

Total Fixed Expenses 663,000

Net Income/(Loss) $527,000

(1,190,000-663,000)

4 0
3 years ago
Bess wrote four checks last month, and these were the only transactions for her checking account. According to her check registe
Rzqust [24]
It looks tricky but its actually simple. Bank statement shows balance is $1054.13 while Bess check register shows $869.96. For us to know the amount of the check that was not approved is to get the difference of the bank statement and Bess check register. $1054.13 minus 869.96 is $184.17. Therefore, the answer is letter B.
5 0
3 years ago
Which economic indicators most strongly suggest that an economy is
Marta_Voda [28]
I’m pretty confident it is C. It is my understanding that GDP and unemployment rates have an inverse relationship. When the economy is doing well you would expect the GDP to increase and the unemployment rate to decrease.
4 0
3 years ago
Taylor Company's attorney informs its client that it is possible, but not probable, that the company will lose a currently litig
mixas84 [53]

Answer:

Disclose the contingency and state that an estimate cannot be made.

Explanation:

Taylor Company's attorney informs its client that it is possible, but not probable, that the company will lose a currently litigated lawsuit. No reliable estimate of the potential loss is currently available. Taylor should accrue and/or disclose this potential loss BY DISCLOSING THE CONTINGENCY AND STATE THAT AN ESTIMATE CANNOT BE MADE.

6 0
3 years ago
Retained earnings is: Multiple Choice The positive cash flows of a company. The net worth of a company. The owners' equity that
zheka24 [161]

Answer:

The net worth of a company

Explanation:

Retained earnings is what is left of net income after paying out dividends

Retained earnings = beginning of period retained earnings + net income - dividends

7 0
3 years ago
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