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cupoosta [38]
2 years ago
6

Why is it necessary to keep account or financial records while doing vegetable farming​

Business
2 answers:
frosja888 [35]2 years ago
6 0

Answer:

record keeping is a necessary element of good livestock business management.. if farmers have farm record they can tell how well they are managing their farm in comparison to other farmers. they can also see the strength and weakness in their farm operation...

never [62]2 years ago
4 0

Answer:

Farming is a business and good farm record-keeping helps the farmer plan and do realistic forecasting. Record-keeping provides valuable information on which methods work.

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When looking at a firm's behavior, you know it is engaging in price discrimination when it:__________
Andreas93 [3]

Answer:

a. charges a different price to different customers that is not reflective of the firm's costs.

Explanation:

The price discrimination strategy occurs when an organization charges a different price to different customers that does not reflect the company's costs, that is, the company divides its potential customers into groups, usually based on customer perceptions and characteristics and demographic data to evaluate which group of customers is willing to pay more or less for a particular product or service.

This is a strategy that can be favorable for companies to charge a maximum price for their product knowing that it will be accepted, but it is effective in large companies that have a high position in the market.

3 0
3 years ago
Explain why the operating income is less than it was when the company was producing its optimal product mix. Operating income is
Jet001 [13]

Answer:

There it is below

Explanation:

Given this product mix. what will the company's operating income be? ... the production of regular bins because the contribution margin per machine hour is higher. ... is less than it was when StoreAll was producing its optimal product mix. ... its optimal product mix because: the company had to produce less regular size bins ...

5 0
3 years ago
Tolino Company signed a 5-year note payable on January 1, 2019, of $200,000. The note requires annual principal payments each De
konstantin123 [22]

The following journal entry will be passed in the books of accounts and the interest expense is calculated to an amount of $9600

<u>Explanation:</u>

Given data:

amount of note: $200000, annual principal payments to be made each year at December 31st = $40000, interest amount to be charged = 6 percent, duration of note = 5 years

the following calculation is made in order to find out the amount of interest:

Amount of note minus principal payment multiply with rate of interest

now, putting the figures in formula:

interest = 200000 minus 40000 = $160000 multiply with .06 = $9600

Thus, the interest amount = $9600

The interest expense will be debited with an amount of $9600 in the books of accounts.

8 0
3 years ago
An blank is a statement used to communicate ones feelings in a nonconfrontational manner.​
Vaselesa [24]

Answer:

An art

Explanation:

An art is a blank is a statement used to communicate ones feelings in a nonconfrontational manner.​

3 0
3 years ago
Which of the following is NOT a typical characteristic of a Minstrel
zhannawk [14.2K]

Answer:

B

Explanation:

6 0
3 years ago
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