Answer: Carrie's Balance Sheet (January 1, 2021)
Explanation:
The heading of the balance sheet should include as much as possible, the month and year of the balance sheet. It can also include the exact date.
This is done so that the Balance sheet can have a particular reference date such that stakeholders who use the balance sheet can know relate the financial performance of the company as of a certain day which would enable for better analysis.
Answer:
management
Explanation:
Management comprises planning, organizing, staffing, leading /directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. In for-profit work, the primary function of management is meeting the needs of various stakeholders of the organization, such as customers, debtors, and owners.Management is the act of engaging with an organization’s human talent and using the physical resources at a manager’s disposal to accomplish desired goals and objectives efficiently and effectively. Management comprises planning, organizing, staffing, leading, directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Management operates through various functions, often classified as planning, organizing, staffing, leading/directing, controlling/monitoring, and motivating. The organizing function creates the pattern of relationships among workers and makes optimal use of resources to enable the accomplishment of business plans and objectives.
Answer:
cutting prices reduces gross margin that may be difficult to recover
Explanation:
This is the case because cutting prices reduces gross margin that may be difficult to recover. A company's gross margin is the sales revenue they retain after paying off all of the direct costs associated with producing the various goods it sells. This happens because customers get accustomed to the low prices and tend to hesitate and not buy the company's products when they are priced higher, thus making it very difficult to recover their previous gross margin.
Answer:
For example 1, each text book costs $4 and each pen costs $3.
For example 2, 18 $5 tickets were sold and 15 $2 tickets were sold.
Explanation:
Example 1:
let T = number of text books
let P = number of pens
5T + 4P = 32
6T + 3P = 33 (we can start by dividing this equation by 11)
5T + 4P = 32
2T + 1P = 11 (now lets multiply be -4)
5T + 4P = 32
-8T - 4P = -44 (now we add)
-3T = -12
T = -12 / 3 = 4
P = (2 X 4) + P = 11
P= 11 - 8 = 3
Example 2:
let C = cheap tickets
let E = expensive tickets
C + E = 33 ⇒ C = 33 - E (and now we can replace)
2C + 5E = 120
2(33 - E) + 5E = 120
66 - 2E + 5E = 120
66 + 3E = 120
3E = 120 - 66 = 54
E = 54 / 3 = 18
C = 33 - 18 = 15
Answer:
b) policies and procedures manual.
Explanation:
A company's policies and procedures manual is essential for establishing norms and rules that will guide the company's operation.
Through corporate policies, it is possible to determine actions, conducts, practices and values that the company adopts in order to achieve its objectives and goals, and demonstrate what are its fundamental values that give this organization its own identity and the foundations that will make it different from other companies in the competitive market.
