0
What else can I help you with?
What is the economic function of profits and losses?
The economic function of profits and losses is to determine the performance of a company. This is what will contribute to the overall measure of the economy in a region.
Division of profit and losses in partnership?
Profits and losses are shared evenly Except otherwise stated in the contract.
A firm jointly owned and run by two or more people who share all profits and losses is a?
A firm jointly owned and run by two or more people who share profits and losses is a partnership.
Why do you prepare a profit and loss appropriation account?
profit & loss appropriation accounts are prepared after profits. Basic purpose is to show how the profits are distributed.NOT only profits but also concerned losses.
What does the word entrepreneur?
Entrepreneur is a person who actually does the business. He/She is responsible for the profits or losses.
What is a group of investors who share profits and losses?
Most likely, they would be shareholders.
What is the role of stockholders in financing corporations?
collect profits. bang management if experience losses
Why can firms not always reduce prices until they increase sales and profits?
if marginal production costs exceed marginal revenues, the firm will suffer losses, not profits.
Which company run by a group of investors who share the company's profits and losses?
joint-stock company
What happens to the house during a divorce if neither party wants it?
Sell it and divide the profits and losses.
What is a group of investors who share in profits and losses?
joint stock company
A firm owned by a single person who shares profits and losses with no one else is a?
sole propietorship
