1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bogdanovich [222]
2 years ago
9

If a firm’s expenses equal or exceed its revenue, what actions might management take?

Business
1 answer:
exis [7]2 years ago
7 0

In a case whereby firm’s expenses equal or exceed its revenue, the actions that might be taken by management is To check their production process and check the cost of their input.

<h3>What are expenses?</h3>

This are the cost of inputs that the company put into production of their goods and services.

When expense is higher than revenue then the organization is running at loss, but when the revenue equal to the expenses, there is no Gain.

Therefore, the actions that might be taken by management is to check their production process .

Learn more about expenses at:

brainly.com/question/4953989

You might be interested in
A BUYER IS PURCHASING A HOME AND HAS ORDERED A HOME INSPECTION AND A A TERMITE INSPECTION. WHAT SHOULD THE BUYER ORDER TO PROTEC
enot [183]

Answer:

Code lien

Explanation:

If a buyer is purchasing a home and has ordered a home inspection and termite inspection. what the buyer should order to protect against unpaid utility bills and unresolved code violations is a Code lien search

A code lien search has to do with obtaining all information about the property that is on record, which includes unpaid utility bills and fines, liens against the property, and any unresolved code violation .  

3 0
2 years ago
A service was performed for a client with payment due in 30 days what accounts are affected
marshall27 [118]

Answer:

b) debit accounts receivable, credit capital

Explanation:

Performing service is part of normal business activities. It generates revenue for the business.

Once a service has been performed, revenue increases. Revenue is an equity account (it increases the owner's equity). An increase to an equity account is recorded by crediting the account.

The payment will be received in 30 days. This is an increase in accounts receivables ( asset account). An increase in assets is recorded as a debit.

3 0
2 years ago
Roberto Company uses a perpetual inventory system. On December 1, the company purchased $3,300 of merchandise for cash. Complete
Montano1993 [528]

Answer:

December 1, 202x, merchandise purchased for cash

Dr Merchandise inventory 3,300

    Cr Cash 3,300

Explanation:

When a company uses a perpetual inventory system, any purchases or sales are recorded directly using the appropriate inventory account. When a company uses a periodic inventory system, you should use a purchase account instead.

8 0
2 years ago
Bloomfield Bakers accounts for its investment in Clor Confectionary under the equity method. Bloomfield carried the Clor investm
blagie [28]

Answer:

28%

Explanation:

let X = the percentage of ownership of Clor Confectionery

the investment account balance = $150,150 - X$20,500 + X75,650 = $165,550

$150,150 + X$55,150 = $165,550

X$55,150 = $15,400

X = $15,400 / $55,150 = 0.2792 = 27.92% ≈ 28%

6 0
2 years ago
A farmer grows wheat, which she sells to a miller for $90. The miller turns the wheat into flour, which she sells to a baker for
Paha777 [63]

Answer:

The correct answer is "$155".

Explanation:

Given:

She sells to miller,

= $90

She sells to baker,

= $145

She sells to consumers,

= $155

Now,

The value added by miller will be:

= 145-90

= 55 ($)

The value added by the baker will be:

= 155-145

= 10 ($)

hence,

The GDP in this economy will be:

= 155 ($)

5 0
2 years ago
Other questions:
  • If the price of Product E decreasing by 2% causes its quantity demanded to increase by 14% and the quantity demanded for Product
    11·1 answer
  • Consider the economy of Athenia. In 2018, Athenia has a GDP of $100 billion and a net national debt of $50 billion. Over the nex
    9·2 answers
  • What are the procedures of manage discrepancies?
    14·1 answer
  • Your sister's pet supplies business obtained a 30-year amortized mortgage loan for $250,000 at a nominal annual rate of 7.0%, wi
    5·1 answer
  • A corporation is a type of business firm where the debt of the firm is considered its owners' personal responsibility.A.TrueB.Fa
    14·1 answer
  • The U.S. consumer market is large, but other markets may offer what advantage?
    7·2 answers
  • Income Inequality, Poverty, and Discrimination affect the economy. Discuss their impact on the economy and what should be done b
    15·1 answer
  • Please Help!!
    9·1 answer
  • A company with significant assets and activities in multiple countries is known as a(n):____.
    15·1 answer
  • a company that manufactures general-purpose transducers invested $2 million 4 years ago in high-yield junk bonds. if the bonds a
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!