Why is it important that companies make a profit?
Question:
Why is it important that companies make a profit?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 87% (8 reviews)
Achieving financial performance is measured in a number of ways the primary on...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
The Future of Business
ISBN: 978-0176570255
5th edition
Authors: Norm Althouse, Laura Allan, Christopher Hartt
Question Posted:
Students also viewed these Business questions
-
Why is it important to be creative and innovative in business?
-
What should a partnership agreement include?
-
What skills are necessary to be an effective manager? How does the focus change between the various levels of management?
-
Can you give us a few Google AdWords Ad Extensions names that you know?
-
Find the equation of the plane through (2, 5, 1) that is parallel to the plane x - y + 2z = 4.
-
Repeat Exercise 11 using variances instead of means. Data from in Exercise 11 a. After identifying the 16 different possible samples, find the mean of each sample, then construct a table representing...
-
P19-7B Consider the Discount Gas proposed entry into e-commerce in Problem 19-6B. Steve Pronai revises his estimates of the benefits from the new system's lower labor costs. He now thinks there is a...
-
Matulis, Inc., a C corporation, owns a single asset with a basis of $325,000 and a fair market value of $800,000. Matulis holds a positive E & P balance. It elects S corporation status and then sells...
-
Part II (4 marks) The following information was extracted from the Statement of Financial Position of Winter Ltd for the year ended 30 June 2021: Assets $ $ Account receivable 50,000 Allowance for...
-
Zear Company produces an electronic processor and sells it wholesale to manufacturing and retail outlets at $10 each. In Zears Year 8 fiscal period, it sold 500,000 processors. Fixed costs for Year 8...
-
What are five success factors for a company?
-
What options do customers have if a company does not meet their expectations?
-
The scatter plot below shows the relationship between the weight of a car and average miles per gallon of the car. Which of the following accurately describes the relationship? A. As the weight of...
-
Safeway, Inc., operated 1,739 stores as of January 3, 2009. The following data were taken from the company's annual report. All dollar amounts are in thousands. Required a. Compute Safeway's...
-
Rich French, the owner of Rich's Fishing Supplies, is surprised at the amount of actual inventory at the end of the year. He thought there should be more inventory on hand based on the amount of...
-
Carol Lapaz owned a small company that sold boating equipment. The equipment was expensive, and a perpetual system was maintained for control purposes. Even so, lost, damaged, and stolen merchandise...
-
The following footnote related to accounting for inventory was taken from the 2008 annual report of Wal-Mart, Inc. Inventories The Company values inventories at the lower of cost or market as...
-
Plot the magnitude and phase of the frequency response of normalized n-th order lowpass Butterworth filters.
-
The resultant of the pressure and wall shear forces acting on a body is measured to be 430 N, making 30 with the direction of flow. Determine the drag and the lift forces acting on the body. FIGURE...
-
Chao, Louis, and Mari, unrelated individuals, own all of the shares of Cerise Corporation. All three shareholders have been active in the management of Cerise since its inception. In the current...
-
Calculate u, d, and p when a binomial tree is constructed to value an option on a foreign currency. The tree step size is one month, the domestic interest rate is 5% per annum, the foreign interest...
-
The volatility of a non-dividend-paying stock whose price is $78, is 30%. The risk-free rate is 3% per annum (continuously compounded) for all maturities. Calculate values for u, d, and p when a...
-
A stock index is currently 1,500. Its volatility is 18%. The risk-free rate is 4% per annum (continuously compounded) for all maturities and the dividend yield on the index is 2.5%. Calculate values...
-
nformation pertaining to Noskey Corporation s sales revenue follows: November 2 0 2 1 ( Actual ) December 2 0 2 1 ( Budgeted ) January 2 0 2 2 ( Budgeted ) Cash sales $ 1 0 5 , 0 0 0 $ 1 1 5 , 0 0 0...
-
The management team of Netflix maintains a stable dividend using the Lintner model: Dt+1 = Dt + EPS Target Payout Where Dt (Dt+1) = dividend in the current period t (the next period t + 1) EPSt =...
-
#1 #2 hapter 50 10 D Werences lav Help Required information [The following information applies to the questions displayed below) Archer Company is a wholesaler of custom-built air-conditioning units...
Study smarter with the SolutionInn App