Three Types of Value Drivers Are Operational,financial,and Sustainability

question 114

Essay

Three types of value drivers are operational,financial,and sustainability.Give two examples of each of these types of business value drivers.

Learn the main components of an income statement for a merchandising company.

Distinguish between the periodic and perpetual inventory systems.

Calculate and interpret liquidity ratios and understand their significance.

Recognize the purpose and calculation method of the acid-test ratio.

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Definitions:

Control

The ability or authority to guide or manage operations, decisions, and policies of a business or project.

Income

Earnings received by an individual or entity, including wages, salaries, investments, and other forms of compensation, which are subject to tax.

Schedule B

A section of IRS tax forms for reporting interest and dividend income.

Interest Income

Income earned from various forms of investments that pay interest, such as savings accounts, CDs, and government bonds, subject to income tax.