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2 years ago

Explain how other income streams such as photography and merchandise will be useful for the business. (8)

Business

1 answer:

dolphi86 [110]2 years ago

7 0

Answer:

Income streams such as photography and merchandise will be useful for the business is described below in detail.

Explanation:

The practices of photography are broad and therefore the businesses are extensive. the actuality is that if you are to sustain as an expert photographer today, and if you are to have the sources to proceed with what you are really enthusiastic about, then that often includes being open to, and actively evolving, various income streams, not all of which you will be uniformly passionate about.

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North Around, Inc. stock is expected to return 22 percent in a boom, 13 percent in a normal economy, and −15 percent in a recess

almond37 [142]

Answer:

4.53%

Explanation:

Data provided in the question:

Expected return = ∑ (Return × probability)

Thus,

Expected return = (0.06 × 22) + (0.92 × 13) + (0.02 × (-15))

= 12.98%

Now,

Probability Return Probability × (Return-Expected Return)²

0.06 22 0.06 × (22% - 12.98%)² = 4.8816

0.92 13 0.92 × (13% - 12.98%)² = 0.000368

0.02 -15 0.02 × (-15% - 12.98%)² = 5.657608

========================================================

Total = 20.5396%

Standard deviation = $\sqrt{\frac{\text{Total probability}\times(\text{Return-Expected Return})^2}{\text{Total probability}}$

= √(20.5396)

= 4.53%

6 0

3 years ago

Liabilities are? a.none of these choices are correct. b.the rights of customers. c.the rights of owners. d.the rights of credito

Anna35 [415]

Liabilities are the rights of creditors.

<h3>What is a liability?</h3>

A liability is a debt that a person or business has, typically in the form of money. Through the transmission of economic benefits like money, products, or services, liabilities are eventually satisfied.

Liabilities are items that are listed on the balance sheet's right side and consist of debts including loans, accounts payable, mortgages, deferred income, bonds, warranties, and accumulated expenses.

Assets and liabilities can be compared. Assets are items you own or owe money to; liabilities are things you owe money to or have borrowed.

In general, a liability is an obligation that exists between two parties but hasn't been fulfilled or paid for. A financial liability is an obligation in the world of accounting, but it is more specifically characterized by previous business transactions, events, sales, exchanges of goods or services, or anything else that will generate income in the future. Non-current liabilities are typically viewed as long-term obligations because they are anticipated to last more than a year (12 months or greater).

Thus, Liabilities are the rights of creditors.

For more information on creditors, refer to the given link:

brainly.com/question/18484315

#SPJ4

5 0

1 year ago

The first US Airline:

olga2289 [7]

Answer:

Western Air Express

5 0

3 years ago

Read 2 more answers

San Ruiz Interiors provides design services to residential and commercial clients. The residential services produce a contributi

Sliva [168]

Answer:

If closed the operating income will decrease by 50,000

Is a better scenario to continue with the residential sercives

Explanation:

current scenario:

contribution margin 450,000

Fixed Cost 480,000

net loss 30,000

drop scenario:

contribution margin = 0

fixed cost 450,000-370,000 = 80,000

net loss (80,000)

8 0

3 years ago

If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would b

rosijanka [135]

Answer:

The answer is D. Income statement

Explanation:

5 0

2 years ago