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g100num [7]
2 years ago
5

What is the name of the document that companies use to report quarterly financial results?.

Business
1 answer:
Tpy6a [65]2 years ago
3 0
Form10-Q is the SEC filing form that accompanies quarterly financial report and might be what you are referring to.
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4. when the total expenses are greater than the total revenues, (a) the income summary account has a credit balance. (b) the inc
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When the total expenses are greater than the total revenues, then the income summary account has a debit balance.

An income summary account is a temporary account in which the revenue and expenses closing entries are entered to find out the profit or loss.

In the income summary account, all the revenue account closing entries are credited, and all the expenses closing entries are on the debit side.

Thus, if the credit balance is more than the debit balance, it shows the profit and if the debit balance is more than the credit balance, it shows the loss.

Learn more about "Income summary":

brainly.com/question/9122916

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1 year ago
The service profit chain is the service sequence from employees to customers to profit. According to this concept, the company's
Serga [27]

Answer:

Explanation:

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3 years ago
A trader wants to gain a profit by expecting a significant move in either direction of the underlying stock. Which strategy best
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The best strategy for this trader, who wants to profit from either direction of the underlying stock, is <em>A. Long Put and C. Short Call.</em>

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Thus, the trader will profit by using options A and C.

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3 0
3 years ago
Question 2: Allocating costs using ABC You have an ABC system with three pools number of cost driver units total cost in the poo
allochka39001 [22]

Answer:

Results are below.

Explanation:

<u>To calculate the activities rates, we need to use the following formula on each pool:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Pool 1= 20,000/10,000= $2 per direct labor dollar

Pool 2= 15,000/50= $300 per setup

Pool 3= 10,000/200= $50 per hour

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Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Product A:

Pool 1= 2*4,000= 8,000

Pool 2= 300*20= 6,000

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Total allocated costs= $16,500

Product B:

Pool 1= 2*6,000= 12,000

Pool 2= 300*30= 9,000

Pool 3= 50 *150= 7,500

Total allocated costs= $28,500

8 0
3 years ago
Approximately 300 billion dollars are given to charities each year.  A.No. It is about 30 billion dollars at the most. B.No. It'
alexdok [17]
The answer to the statement above would be TRUE. Yes, it is correct that approximately, 300 billion dollars are donated to charities each year, but this only covers those charities that are registered. There are about 40,000 charities in the United States alone. The answer for this is D.
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