The net income or net loss is calculated on thea. balance sheet.
b. statement of owner’s equity.
c. income statement.
d. None of the above
Answers
The net income or net loss is calculated on the Income statement. Option (c) is correct.
The Income statement focuses on the revenue, expenses, gains, and losses of a company during a particular period.
- An income statement is one of the major financialstatements, along with the balance sheet and the cash flow statement, that report a company’s financial performance over a specific accounting period.
- The income statement focuses on the revenue, expenses, gains, and losses of a company during a particular period.
Therefore, The net income or net loss is calculated on the Income statement. Option (c) is correct.
Learn more about Income statement here,
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The payments made by a firm to repurchase shares of its outstanding stock from an individual investor in an attempt to eliminate a potential unfriendly takeover attempt are referred to as:
A customer calls to ask how often he should change the oil in a lawn mower engine. After asking the customer for the manufacturer's name and the model number of the lawn mower engine, you check the service manual for the engine. The engine manufacturer recommends that you change the oil after every 50 hours of light- or normal-duty operation, or after every 25 hours of heavy-duty operation. The customer tells you that he is the groundskeeper at a local golf resort. He uses this mower only to trim the greens on the course. He mows the greens 2 times per week; each time, it takes a total of 5 hours to complete the job. The golf course is open 30 weeks out of the year. If you consider the mowing of the golf course to be normal-duty operation, how often should you tell the customer to change the oil in the mower engine? (Hint: You'll need to calculate the total number of hours the groundskeeper uses the mower per year. Assume that it's now the beginning of the 30-week golf resort season.)a. The oil should be changed a total of 2 times during the 30-week season. b. The oil should be changed a total of 3 times during the 30-week season. c. The oil should be changed a total of 6 times during the 30-week season. d. The oil should be changed a total of 10 times during the 30-week season.
Transaction taxes and Excise taxes are two types of _______ taxes
Answers
B. Consumer surplus is the difference between the maximum price a consumer is willing to pay for a good or service and its market price.
C. Bill is willing to pay $10 for a pound of clay. If he buys a pound of clay at a market price per pound of $5, his consumer surplus is $2.
D. Total consumer surplus is represented graphically by the area above the demand curve.
Answers
Answer:
B. Consumer surplus is the difference between the maximum price a consumer is willing to pay for a good or service and its market price.
Explanation:
As we know that the consumer surplus shows a difference between the maximum price willing to pay for a good or for rendering the service and the market price
In mathematically,
The consumer surplus = Willing to pay - Market price
Therefore, the correct statement is option B as the rest of the statements are wrong.
B)The Federal Deposit Insurance Corporation (FDIC) insures depositors' money. C)Investments from shareholders ensure that banks remain financially sound. D)Banks are backed by the "full faith and credit" of the Federal Reserve.
Answers
B. The Federal Deposit insurance Corporation (FDIC) insure depositors' money
With this, we don't have to worry if our money will somehow lost or got stolen like traditional saving method
hope this helps
senior supervisors.
human resources division.
suppliers and distributors.
Answers
Answer:
government inspectors.
Explanation:
The U.S. Consumer Product Safety Commission is the government inspector or regulator that supervises product quality and safety in the United States.
Hence, Important issues concerning product quality and safety specifications are governed by the contracts a company signs with its government inspectors or regulators.
A regulator or government inspector has been appointed by the government to monitor activities in a particular industry
Answer:
suppliers and distributors
Explanation:
When a company needs to purchase a product or service, one of the key roles of the buying decision centers is to verify the quality and safety specifications that the company requires. When a purchase contract is being signed with a vendor, the required quality and safety specifications must be included in the contract.
The same happens with the company's distributors that are responsible for the downstream channels. They must comply with the company's quality and safety specifications in order to properly deliver the company's products.
The other options are wrong because:
- Government inspectors have the duty and the power to regulate product quality and safety specifications, but they do not sign contracts with manufacturers. They can control and establish fines for poor standards, and even withdraw products from the market.
- A company employs its workers (supervisors and HRM), and the only contract signed with them is the employment contract.
C) 467
D) 453
Answers
Answer:
option (C) 467
Explanation:
Data provided in the question:
Every serving costs = $0.23
Selling cost to customer = $2.50
Selling cost to hog farmer = $0.12
Average daily demand, d = 400
Standard deviation, s = 40 servings
Now,
Cs = Selling price - Cost
= $2.50 - $0.23
= $2.27
Co = Cost - Discounted price
= $0.23 - $0.12
= $0.11
Service level =
=
= 0.9537
For the service level of 0.9537, the z value from the standard z table = 1.68
Therefore,
Servings made each day = d + zs
= 400 + 1.68 × 40
= 467.2 ≈ 467
Hence,
The correct answer is option (C) 467
Fixed-cost pricing
Incremental analysis
Breakeven analysis
Ratio analysis