Answer:
The correct answer is D. Profit is the financial gain from business activity minus expenses.
Explanation:
For example a company whose business activity is selling chairs has sold 10 chairs in a month at 10 dollars each which it has bought in 6 dollars (per chair). The company has incurred 5 dollars as admin expenses and had paid 10 dollars to commercial bank as interest. So what is company profit?
Calculation.
The profit will be 25$ as shown below.
Sales (10*10) 100
Purchase (10*6) (60)
Admin expense (5)
Financial expense (10)
Profit 25
Answer:
C. The Federal Reserve will need to have official reserves of euros to purchase dollars in the foreign exchange market.
Explanation:
Federal Reserve required to have a euros reserves as it can applied it also at the case when the exchange rate is move upward or downward
For the other things, the fed could restrict the supply with respect to the dollar in the foreign exchange market in order to get it stable that opposed with euro
Therefore the option c is correct
Answer:
B. As a risk-averse investor
Explanation:
B. As a risk-averse investor is a correct option . Risk-averse investors can invest in higher risk opportunity only if it offers higher expected return .
Answer:
TRUE
Interest income received by a cash basis taxpayer is generally reported in the tax year it is received.
<u>Answer:</u>
<em>As a company grows, it may become necessary for it to create an </em><u><em>Organizational chart</em></u><em> which is a visual display of the organizational structure which contains lines of authority (chain of command), staff relationships, permanent committee arrangements, and lines of communication.</em>
<em></em>
<u>Explanation:</u>
The organization chart is a chart indicating the connection of one department graphically to another, or others, of an organization. It is additionally used to show the relationship of one office to another, or others, or of one capacity of an association to another, or others.
Using the organization chart continuously, show the "structure of a business", government, or other association. Organization diagrams have an assortment of employments and can be organized from multiple points of view.
