Which type of companies will always have operating expenses on its income statement? a. Service. b. Service
Question:
Which type of companies will always have operating expenses on its income statement?
a. Service.
b. Service and merchandising.
c. Merchandising and manufacturing.
d. Service, merchandising, and manufacturing.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 25% (4 reviews)
d Servic...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
4.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Find the strongly connected components in the graph of Figure 9.86. B A D
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
In a survey of 1,002 people, 701 (or 70%) said that they voted in the last presidential election (based on data from ICR Research Group). The margin of error was 3 percentage points. However, actual...
-
Discuss why an analyst might prefer to calculate a governmental entitys debt burden as a percent-age of full value of property rather than on a per capita basis.
-
BagCo produces leather jackets and handbags. A jacket requires 8 m2 of leather, and a handbag only 2 m2.The labor requirements for the two products are 12 and 5 hours, respectively. The current...
-
In spring 1989, Michael Jordan and the Chicago Bulls were in Indianapolis, Indiana, to play against the Indiana Pacers. At the same time, Karla Knafel was singing with a band at a hotel in...
-
Goltra Clinic is considering investing in new heart monitoring equipment. It has two options: Option A would have an initial lower cost but would require a significant expenditure for rebuilding...
-
Two years after the first round XMP GmbH receives a second offer form B-Capital. B-Capital offers to invest 12,500,000.00 at a 60,000,000.00 pre-money valuation. What is the founders' post-round...
-
Which of the following statements is true? a. Sunk costs are irrelevant to decisions. b. Managers have the ability to influence uncontrollable costs in the short run. c. Differential costs are not...
-
Which of the following types of companies will not have cost of goods sold on its income statement? a. Service. b. Merchandising. c. Manufacturing. d. Both merchandising and manufacturing.
-
Jennings Hardware Store marks up its merchandise by 30%. If a part costs $25.00, which of the following is true? a. The price is $7.50. b. The markup is $32.50. c. The price is $32.50. d. The markup...
-
What is the best thing a programmer can do to improve memory access time? How does it improve memory access time?
-
Using an example identify three strategies that organisations may use to improve work-life balance among their employees? Which are likely to prove most effective and why? In this question you need...
-
Develop and justify a Professional Development Plan that will facilitate an increased level of digital skill attainment suitable for effective management and leadership in the contemporary workplace.
-
Marie Cole wants to be a manager. She enjoyed every course taught at school, and managed to score high grades. Each of these provided her with some clear-cut answers. Now the professor in her...
-
What is HIPPA? Why is it relevant to the practice of professional counseling? What does it require?
-
Collettes S corporation holds a small amount of accumulated earnings and profits (AEP), requiring the use of a more complex set of distribution rules. Collettes accountant tells her that this AEP...
-
What are the key elements of a system investigation report?
-
Classify each of Georgia- Pacific's costs as either inventoriable product costs or period costs. Georgia- Pacific is a manufacturer of paper, lumber, and building material products. a. Cost of TV ads...
-
Classify each of the following costs as a period cost or an inventoriable product cost. If you classify the cost as an inventoriable product cost, further classify it as direct material (DM), direct...
-
Each of the following costs pertains to DairyPlains, a dairy processing company. Classify each of the companys costs as a period cost or an inventoriable product cost. Further classify inventoriable...
-
4. Based on the information about individuals and their incomes in two areas below, Area A Area B Individual Income Individual Income 1 80000 1 45000 1 60000 1 35000 1 45000 1 33000 1 30000 1 30000 1...
-
Hi-T Company uses the weighted average method of process costing. Information for the company's first production process follows. All direct materials are added at the beginning of this process, and...
-
6 Green Cabinets is a custom cabinet builder. It recently completed a set of kitchen cabinets (Job 1478), as summarized below: Job Number: 1478 Date Started: 4/07/20x8 Date Completed: 4/22/20x8...
Study smarter with the SolutionInn App