Income statement, statement of stockholders' equity, balance sheet, statement of cash flows.
Financial statements are compiled in a specific order due to the fact information from one statement contains over to the next assertion. The trial stability is the first step within the method, followed by means of the adjusted trial balance, the income statement, the balance sheet and the statement of owner's equity. The financial statements ought to be prepared within the following order earnings statement, retained earnings statement, balance sheet and statement of coins flows.
Balance sheet is prepared as of a specific date while Income statements, retained earnings statement, and a statement of cash flows are all for a period of time such as a month.
A complete set of financial statements comprises: a statement of financial position as at the end of the period; a statement of profit and loss and other comprehensive income for the period.
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If the processor has forwarding, but you forgot to implement the hazard detection unit and when the code executes, you need to control the signal. It is the signal that informs the new ALU. You should also perform the execution of the given codes.
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Answer
Option C. Profit Leverage Effect
Explanation:
Purchasing activities are said to be assignments/tasks buyers have to perform if they want to have or obtain the right products and services at the right price and time from the right vendors.
Profit-Leverage Effect is usually measured by the increase in profit gotten as a result of a decrease in purchase spend
Answer:
Option B Borrow using short-term notes payable and use the proceeds to reduce long-term debt
Explanation:
The formula for calculating current ratio is as under:
Current Ratio = Current Assets / Current Liabilities
Now the option which will either increase the current liability only (Denominator) or decrease the current assets only (Nominator) will be the right answer because the answer will decrease the current ratio.
Option B So if the company borrows money from its short term loan (current liabilities) to pay its long term debt which will increase its current liabilities and non-current liabilities. So in the nutshell will only increase the denominator (current liabilities) which will decrease the current ratio. So it is the right option. The rest of the options either increase both current assets and current liabilities or decrease both current assets and current liabilities.