• 2021-04-14
    To achieve profit is not the ultimate goal but profit is the bottom-line measure of a firm’s success and ability to survive.
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      The break-even point is the point at which ________. A: the total revenue and total costs lines intersect B: demand equals supply C: the production of one more unit will not increase profit D: the company can pay all of its long-term debt E: a firm's profit goal is reached

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      The triple bottom line, which refers to _______, _______ and _______, form one way to evaluate CSR. A: place B: people C: planet D: profit

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      The owner's equity is ______. A: the money paid by the owners at inception of a firm B: net worth of a firm C: gross profit of a firm D: the rest resources aside from liabilities

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      ______________ is a measure of incomeor profit divided by the investment required to obtain that income or profit.

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      A firm's ________ reports the profit or loss for the firm over a specified time period. A: income statement B: balance sheet C: statement of cash flows D: bank statement