Yes. Once someone is in a difficult financial situation, they may have to give up some wants and desires in place of things they need. If money is tight, they should rather use what money they have to pay pills and buy food, and not purchase items they want like toys or videogames. When faced with a bad financial situation, an individual is forced to separate what they believe is a want and a need, and choose between the two.
Answer:
Gain/loss= $1,000 loss
Explanation:
Giving the following information:
Original price= $54,000
Accumulated depreciation= $28,000
Seling price= $25,000
The gain or loss from selling an asset depends on the book value.
Book value= original price - accumulated depreciation
Book value= 54,000 - 28,000= 26,000
If the selling price is higher than the book value, the company gain from the sale.
Gain/loss= 25,000 - 26,000= $1,000 loss
An account is defined as a record of the business activities related to a particular item. The given statement is true.
Business activities can be divided into three categories: operating, investing, and financing. The cash flow statement includes a list of the cash flows that were generated and used by each of these operations. Net income on an accrual basis is supposed to be reconciled to cash flow in the cash flow statement.
Manufacturing, storage, accounting, sales, mergers and acquisitions, the issue of securities, etc. are some examples of business activities. The prompt completion of these tasks enables the businesses to survive and compete in the market.
Learn more about business activities here
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Answer:
<em>.C. cash cow businesses with an excellent financial fit</em>
Explanation:
With an unrelated diversification strategy, the types of companies that make particularly attractive acquisition targets are:A. struggling companies with good turnaround potential, undervalued companies that can be acquired at a bargain price, and companies that have bright growth prospects but are short on investment capital.B. companies offering the biggest potential to reduce labor costs.C. cash cow businesses with an excellent financial fit.D. companies that are market leaders in their respective industries.E. companies that are employing the same basic type of competitive strategy as the parent corporation’s existing businesses.
Big businesses are usually the one that acquire distressed companies /. They are called the cash cow because they are basically business, investment, or product that provides a steady income or profit. they possess a large volume of the market share with little investment contribution to it.
