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ArbitrLikvidat [17]
3 years ago
6

Advantages of profit maximization​

Business
2 answers:
DedPeter [7]3 years ago
5 0
Profit can be used to pay higher wages to owners and workers. ...
Profit can be used to invest in research & development. ...
Profit enables the firm to build up savings, which could help the firm survive an economic downturn.
Evgesh-ka [11]3 years ago
3 0

Answer:

Improved ratios will enhance investor's confidence and therefore share price.

Access to a wider range of finance because of a better image to creditors.

Long-term profits will improve liquidity and cash flows, which can be used for future investments, dividends, loan payments or retained.

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True or false tariffs <br> are used to encourage global trade between two countries
Radda [10]
The answer is false,because taxes are not transfered globally
5 0
3 years ago
Read 2 more answers
Which of the following may either increase or decrease retained earnings? a. Prior period adjustments. b. Disposals of treasury
Dmitry_Shevchenko [17]

Answer:

a. Prior period adjustments.

Explanation:

"Retained earnings is the cumulative total of earnings that have yet to be paid to shareholders. These funds are also held in reserve to reinvest back into the company through purchases of fixed assets or to pay down debt."

Prior period adjustments in the beginning balance are key to calculate the retained earnings at the end of the period:

Retained Earnings = RE Beginning Balance + Net Income (or loss) – Dividends.

Therefore, prior period adjustments may either increase or decrease RE.

Reference: Morah, Chizoba. “Which Transactions Affect Retained Earnings?” Investopedia, Investopedia, 11 July 2019

4 0
3 years ago
If budgeted beginning inventory is $9,150, budgeted ending inventory is $10,420, and budgeted cost of goods sold is $11,110, bud
vekshin1

Answer:

$12,380

Explanation:

The beginning inventory is $9,150

The budgeted ending inventory is $10,420

The cost of goods sold is $11110

Therefore the budgeted purchases can be calculated as follows

= $10,420 + $11,110-$9,150

= $21,530 - $9,150

= $12,380

Hence the budgeted purchases is $12,380

7 0
3 years ago
Two TransWorld Airline mechanics failed to properly repair the landing gear of a 747. As a result, the plane’s landing gear coll
lisabon 2012 [21]

Answer:

no

Explanation:

the airport would be liable because the fire truck blowing a tire and hitting the pole was the direct cause. not the failure of the landing gear

5 0
4 years ago
The product of 59,736 and 600 is
Juli2301 [7.4K]

Answer:

D

Explanation:

59763*600=35,841,600

6 0
4 years ago
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