Answer:
Wang Company
Statement of financial position
Equity and liabilities
Issued share capital $70,000
Retained earnings $45,000
115,000
Assets
Non-Current assets
Fixed assets $22,000
Current assets
Cash in hand $93,000
$115,000
Wang company
Income statement
Net sales $88,000
Cost of sales $38,000
Gross margin $50,000
Less:admin expenses $5,000
Net Profit $45,0000
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in the bcg matrix, Cash cow are characterized by high share and low growth and are the key sources of internal cash generation for a firm.
<h3>What is cash cow?</h3>
A cash cow can be described as the metaphor for a dairy cow when the production of milk is on, in the course of its life and requires little to no maintenance.
Therefore, in the bcg matrix, Cash cow are characterized by high share and low growth and are the key sources of internal cash generation for a firm.
Learn more about Cash cow at:
brainly.com/question/26633615
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answer :in less than 21 days
