Answer:
Balance sheet is the correct answer because it tells about the worth of company, its assets, shareholders funds (Equity) and amount borrowed by the company (Liability). Balance sheet is also known as Statement of Financial Position (SOFP)
All the other options tells about the earnings and costs of the company not about the assets and liabilities of the company.
Answer:
Labor unions can use the power of collective bargaining and strikes to make management listen. Instead of using the power of one, easily replaced worker, the union uses the power of all workers for leverage.
Explanation:
Answer:
Firms need finance to:
start up a business, eg pay for premises, new equipment and advertising.
run the business, eg having enough cash to pay staff wages and suppliers on time.
expand the business, eg having funds to pay for a new branch in a different city or country.
