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Is accrued income effect Profit and Loss Account?
yes it do effect it should be credited in your profit and loss a/c
Is the electric company profit or nonprofit?
Some are for profit and others are government agencies (not for profit).
Evaluate Google Inc. Which theories of profit accounts for Googles economic profit How does opportunity cost relate to economic profit?
What therories are used in google Inc. for employee statisfactions and gains
If closing stock increases how will it effect net profit?
net profit will increase
What is a capitalistic system?
A capitalist system involves people working for themselves in order to make a profit. A capitalist government usually believes in rare government intervention, low taxes on businesses, promoting privatisation and encouraging foreign investment.
Is Adams and associates job corps profit or non profit?
They profit off the government at the expense of the disadvantaged.
Is FEMA a non-profit organization?
FEMA is a government organization. Non-profit usually referrs to non-government agencies.
What will be the effect of decrease in closing stock on gross profit?
i think Gross profit Will decrease
What is the effect of free trade?
profit or loss.
Is the institute for defense and government advancement idga a profit or nonprofit company?
For profit.
What is effect on profit Previous year forget closing stock for next year profit?
previous year profit under stated and present year profit understated
Why does a free market economy need government intervention?
Although free market economies are mostly based on the free choices of the buyers and consumers, one reason government intervention is needed is to prevent the creation of monopolies. If a monopoly is a natural monopoly or a monopoly that doesn't seem to make too much profit, it can be left alone, but if a monopoly has significant power and makes too much profit, government must restrict its market powers. Otherwise, the monopoly could control prices and output with no restrictions at all. Also, sometimes government must set price ceilings or price floors in order to try to fix the problems of shortages and surpluses. By setting these price levels, the government helps bring the price and quantity back to equilibrium position, where the quantity demanded = quantity supplied.
