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Author Question: Which of the following is a true statement about profit in a business? A) It is calculated by ... (Read 19 times)

mpobi80

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on: Jul 14, 2018
Which of the following is a true statement about profit in a business?
 A) It is calculated by subtracting the cost of goods from the sales revenues of a business.
  B) It is the financial reward that comes for starting and running a business.
  C) It is the goodwill that an organization gains while running a business.
  D) It is earned by every business all the time.

Question 2

What is an embargo? When might it be used?


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huda

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Reply #1 on: Jul 14, 2018
Answer to Question 1

B

Answer to Question 2

An embargo is a complete halt to trading with a particular country or of a particular product. An embargo is most often used as a political weapon such as the import embargoes that the United States has with Iran and North Korea.


mpobi80

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Reply 2 on: Jul 14, 2018
Great answer, keep it coming :)

yeungji

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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