The chart shows a sample budget. Once the column showing actual expenses is filled in, what should be done next?

A. Adjust variable expenses if they are higher than budgeted.
B. Adjust income to make sure that expenses are covered.
C. Decrease mandatory spending expenses.
D. Stop budgeting as it is no longer necessary.

Double corporation acquired all of the common stock of simple company for

Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.

Elite coffee and bakery, a café that offers a relaxing environment to enjoy quality coffees, teas, soups, and other menu items, has a poster in the front of its restaurants that reads, "we will always provide a quality product to our customers better meet the challenges of their day and always take the time to offer caring service one person at a time." this statement is elite's