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
labwork [276]
2 years ago
6

Business Information Management 1a: Introduction / Unit 2: The Finances of Business

Business
2 answers:
Y_Kistochka [10]2 years ago
5 0

The finances of businesses involve several things, including:

  • Revenue and profit.
  • Costs and expenses.
  • Budgets.

<h3>What are some components of finance in business?</h3>

The financial aspect of a business is hugely important to the success of the business because it involves making a profit which is the sole purpose of business.

In order to be successful in business, one needs a good financial plan. This plan will predict the revenue that the company should be earning in order to make profit.

It should also include the various costs and expenses that the business will incur as it engages in business. This financial plan usually comes in the form of a budget which provides ideas on how a business should spend money.

Note: Question was incomplete so a general overview of business finance was given.

Find out more on business finance at brainly.com/question/1265337.

kkurt [141]2 years ago
5 0

Answer:

FACTORS AFFECTING THE SPELLING DIFFICULTIES OF SENIOR HIGH SCHOOL STUDENTS IN 2021-2022

You might be interested in
Jack Taylor started Enterprise Leasing on the premise that if he treated his customers and employees well, profits would follow.
k0ka [10]

Answer:

The correct answer is C) Extrinsic reward

Explanation:

Extrinsic reward is reward that an employer gives to an employee in compensation for the achievement of something. In this case, what is achieved is very vague ("good work") but in a real firm, it could be something more specific. For example, a sales manager could reward his top selling employees with a monthly salary bonus.

6 0
3 years ago
What is the primary role of consumers in a free market economy?
S_A_V [24]

Answer:

The consumer is the one who pays to consume the goods and services produced.

Explanation:

As such consumers play a vital role in the economic system of a nation. In absence of effective demand the producers would lack a key to motivation

4 0
2 years ago
Stewart wants to invest some money that he just inherited. He found that his bank offers a savings account paying a guaranteed 3
Likurg_2 [28]

Answer:

Stewart will probably have to accept a higher level of risk .

Explanation:

Hence, a large-risk investment is one in which the risks of failure, or of losing some or all of the asset, are greater than the average.

  • These opportunities often offer investors the ability for greater returns in exchange for embracing the degree of risk associated with that.
  • In saving account he gets 3% rate of return but also gets a lower rate of risk and does not earn much.

If he invests his money in higher-risk fields like shares, he may get a higher profit.

3 0
3 years ago
When working on a major project which is not a good step for keeping the overall scope in mind
Sladkaya [172]
Yeah I’m John quiñones
4 0
3 years ago
Read 2 more answers
A firm conducted a market analysis and determined that a new wo
forsale [732]
The answer is A the firm should increase output!!!!
4 0
3 years ago
Other questions:
  • On October 5, Loomis Company buys merchandise on account from Brooke Company. The selling price of the goods is $5,000, and the
    7·1 answer
  • 8. Katie pays $10,000 in tax-deductible property taxes. Katie’s marginal tax rate is 32%, average tax rate is 28%, and effective
    5·1 answer
  • Personal possession of currency is prohibited in U.S. prisons, although, in practice, prisoners still exchange goods and service
    14·1 answer
  • Holten Farm sells new tractors and pays each salesperson a commission of $1,000 for each tractor sold. During the month of Augus
    8·1 answer
  • One explanation for the increase in the price of theBaltimore newspaper is the increase in the cost of newsprint. This would cau
    5·1 answer
  • Andy's business is not able to pay its debts, and the prospects for its finances to improve are slim. Andy decides not to contin
    5·1 answer
  • Gus takes his $15 in lemonade stand earnings and deposits it into his savings account. Meanwhile, Gus’s dad borrows $20,000 to b
    11·1 answer
  • Assume Sybase Software is thinking about three different size offerings for issuance of additional shares. Size of Offer Public
    12·1 answer
  • A cost-cutting project will decrease costs by $66,100 a year. The annual depreciation will be $15,750 and the tax rate is 35 per
    9·1 answer
  • What is one advantage of being an entrepreneur
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!