Answer:
Revenue/Income; Expenses
Explanation:
Profit or Loss is determined as the difference between the revenue made by a business (also known as its income), and the expenses spent in the process of generating that revenue.
If the difference is positive, the outcome is a profit. If the difference is negative, the outcome is a loss.
Answer: Option C
Explanation: Perfect competition refers to a market structure under which there are large number of buyers and sellers each operating at a small level.
In such a market structure the supply curve is a horizontal line that depicts that whatever the quantity is the price will remain the same, that is, at the equilibrium level.
This happens due to the fact that there are large of number of participants present and no individual have the power to affect the price.
Thus, the correct option is C.
Answer:
D. The interest income will be greater in the third year than in the first year.
The answer is c , assume compan used traditional costing stystem
Answer:
<em>OPTION (B) is correct.</em>
Explanation:
Because, already the interest has been improved, then also Cray gets to keep the refrigerator. The consumer in the ordinary course of business buy a good or a product which is free from a security interest even if the customer knows about the agreement which is made during the lending, that is known as security agreement.
Because in security agreement is a agreement which decides that who is lending, have to pay security interest.
