What is a for-profit company? Corporate governance: These are rules and regulations that govern how business activities are undertaken, it controls all factors whether external or internal that affect a business operation. Answer and Explanation: ...
A company is a legal entity formed by one or more individuals to engage in business. Depending on the laws where it is formed, a company may be organized in various ways for tax and financial liability purposes. The products or services offered determine the company's structure, such as as...
What is a profit and loss statement? A profit and loss statement is a financial statement that shows a company’s revenue and expenses for a given period of time. You can create a simple profit and loss statement by using a template and entering your business’s information. ...
The profit and loss formula is simple: Revenue – Expenses = Net Profit (or Loss). Benefits of preparing a profit and loss statement for a small business A profit and loss statement can be a valuable tool for any business owner. It provides insights into your company’s financial health, ...
The accounting period were the revenue is actually earned will then be understated in terms of profit.Not entering revenue received in the same period as expenses paid for a project also violates the matching principle of accounting that says revenue and expenses for the same project must be “...
1. We are a non-profit companyteam members are from all over the country.A)whoseB)thatC)whichD)what 答案 答案:A核心短语/句式:all over the country:全国各地翻译:我们有一个非营利性的公司,公司的团队成员来自全国各地。解析:本题考查定语从句,先行词在从句中作定语,表示公司的团队成员,所以用whose...
The company’s profit has increased significantly this year. What does “profit” mean? A. loss B. income C. cost D. expense 相关知识点: 试题来源: 解析 B。“profit”是利润,即收入减去成本后的部分,与“income”有一定关联;A 选项“loss”是损失;C 选项“cost”是成本;D 选项“expense”是费用...
Have a great start to your weekend! John 朗读内容 What is the role and responsibility of a for-profit, public company? We have always believed Starbucks can – and should – have a positive impact on the communities...
All sunk costs are fixed costs but not all fixed costs are sunk costs. The difference is that sunk costs cannot be recovered. If equipment can be resold or returned at the purchase price, for example, it's not a sunk cost. 所有沉没成本都是固定成本,但并非所有固定成本都是沉没成本。不同的...
The idea is that the company that buys or leases a bridge or a highway or whatever will find it easier to keep it in good repair. Student: That would make commuters happy. Professor: Right, there could be better service. Since they are not government entities, private companies face less...