Answer: false
Explanation: The first statement in the given case is correct as accounting is based on determining net income. Whereas, the subject matter of finance is related to increase the value of the company and the value of its shareholders wealth.
Finance does not only focus on net income but it also focuses on other aspects like liquidity, future potential etc.
Hence the given statement is false.
Answer:
Target Corporation
Accounts that appear on the balance or the income statement:
Balance Sheet:
Accumulated depreciation 7,887
Retained earnings 12,761
Property, plant
Income Statement:
Sales $61,471
Depreciation expense 1,659
Net income 2,849
Explanation:
The accounts that appear on the balance sheet of Target Corporation are permanent accounts, which are not closed to the income summary at the end of its financial period. These accounts are carried over to the next accounting period. They include assets, liabilities, and owners' equity. The accounts that appear on the income statement of Target Corporation are the temporary accounts, which are closed to the income summary at the end of the company's financial period. The accounts include revenue and expenses, which are compared to extract the net income or loss for the period.
<span>According to Google Shopping policies, Unsecure checkout or a missing refund policy would cause the disapproval of individual items or an entire Merchant Center account.
Details: Google's goal is to provide the best user experience on Google Shopping. In order to ensure that the ads Google show to online shoppers are safe, secure, and comply with legal requirements, Google maintain comprehensive enforcement of the Google Shopping policies for all merchants.</span>
When computing Standard cost variance The difference between actual And Standard price multiplied by actual quality yields.
The amount I should invest today if I earn an annual return of 11.4% is $7,765.45.
The amount I should invest today if I earn an annual return of 5.7% is $82,532.61.
<h3>What is the amount I should invest today?</h3>
The formula that can be used to determine the amount I should invest today is:
PV = FV / (1 +r)^t
Where:
- PV = present value
- FV = future value = $1,000,000
- t = 45 years
- r = interest rate = 11.4%, 5.7%
$1,000,000 / (1.114)^45 = $7,765.45
$1,000,000 / (1.057)^45 = $82,532.61
To learn more about present value, please check: brainly.com/question/25748668
