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Mazyrski [523]
3 years ago
12

Malinda's auto dealership of imported cars made $895,000 in revenue. The manager has determined that the total expenses equal to

$598,000. Will this business net a profit or loss? _____ How much of a profit or loss? _____
Business
1 answer:
Sauron [17]3 years ago
5 0

Answer:

Profit : $297,000

Explanation:

Revenue is the earnings generated by a business by selling products and services. Expenses are the cost incurred in the process of generating revenue for the business.

A business will make profits if revenue exceeds expenses.

In this case, the revenue ($895,000) exceeds expenses($598,000). Therefore, the business will make a profit.

The profit will be revenue minus expenses

=$895,000 -$598,000

=$297,000

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What important role does management play in organizations?
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Answer:

The role of the Management is to move an organization towards its purposes or goals by assigning activities that organization members perform. If Management ensures that all the activities are designed effectively, the production of each individual worker will contribute to the attainment of the organizational goals.

4 0
3 years ago
Which bond recommendation would be the MOST safe for an individual who seeks income that is free from federal income tax?
12345 [234]

Answer:

AA-rated revenue bond that is escrowed to maturity.

Explanation:

AA-rated revenue bond that is escrowed to maturity, is the bond recommendation for an individual who seeks income that is free from federal income tax. Escrowed to maturity bond are pre-funded municipal bond and it is backed by the government. The Issuer invests the new bond´s income too high credit securities and also issuer hold proceeds from the new bond issue in a separate escrow account to pay off existing bond when it matures.

3 0
3 years ago
If customer satisfaction does not always lead to customer loyalty, firms may need to focus additional effort on _____ strategies
mihalych1998 [28]

The firms may need to focus additional effort on retention strategies.

Retention strategies are means employed by firms to retain their customers both new and existing, over some specified period.

Where a company has high customer retention, it means customers would continue to patronize the company's products and not not defect to another product or business.

Customer retention process starts with the first point of contact in an organization and spread through the whole duration of the customer's relationship with the organization.

Learn more at: https://brainly.com/question/4310845

5 0
2 years ago
Eight years ago, Bravo Company purchased land for $170, 000. The current fair market value of the land is $421,000. The rate of
victus00 [196]

Answer: $170,000

Explanation:

According to the historical cost concept, the original cost value of a asset (i.e. land) should be recorded in the books. The original cost refers to the cost of a asset at the time of purchasing. As per the principle of historical cost, assets are always recorded as a original cost or historical cost or acquisition cost.

But when a person sold the asset then he will consider the fair market value.

4 0
3 years ago
Free 50 pts and Brainliest! ;D
IgorC [24]

Answer:

<3 <3 <3 <3 <3

7 0
3 years ago
Read 2 more answers
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