1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dvinal [7]
2 years ago
14

The financial statement that reports the revenues and expenses for a period of time is known as the.

Business
1 answer:
Brrunno [24]2 years ago
3 0
Correct Answer: Option b) Income Statement. Explanation: An income statement is a financial statement that reports the revenues and expenses that …
You might be interested in
Rune Co.’s checkbook balance on December 31 was $10,000. On that date, Rune held the following items in its safe: $4,000 check p
jarptica [38.1K]

Answer:

$13,000

Explanation:

<em>Rune Co.'s</em>

<em>As of December 31</em>

Balance as per Bank Statement $10,000

(+) Bank credits and collections $4,000

(-) Bank errors overstate book balance $1,000

Correct Cash Balance $13,000

6 0
3 years ago
Read 2 more answers
Data were collected in twenty major urban areas on the percent of women in the labor force. Data were collected in 1968 and agai
garri49 [273]

Answer: Matched pairs design

Explanation:

A matched pairs design is a type of study used when 2 treaments are present in an experiment. The individuals in the design can be divided into pairs using a blocking variable, and each pair can then be allocated to treatments at random. This is thus a special type of randomized block design.

In this case the blocking variable can be the various urban areas as 1968 is matched against 1972. Each city can be compared based on 2 measurements. From their each individual can be grouped into pairs and allocated to different treatments.

6 0
3 years ago
- 3.1.6 Quiz: Strategic Relationships
Cloud [144]

Answer:

gorillas is very cracazuri am rllmmm

8 0
3 years ago
Read 2 more answers
Mr. Bailey would like to gift $515,000 (FMV) of appreciated property (basis $200,000) to his son. Mr. Bailey doesn't want to use
Oliga [24]

Answer:

He should set a grantor retained annuity trust (GRAT).

Explanation:

Mr. Bailey would be the grantor that transfers the asset into the GRAT, but retains the right to receive annuity payments for a number of years. The IRS has set a minimum annuity corresponding to the Section 7520 rate, during the last two years the rate has varied from 2-3%. When the trust expires (pays all the annuities), the beneficiary gets the asset tax free.

Since the grantor is giving up an asset but in exchange is receiving an annuity form it, there is no applicable gift tax, it is called a zeroed-out GRAT.

This type of grant makes sense only if the grantor believes that the future value of the asset will be higher than the current value, since the annuity is based on the current value. In this case, Mr. Bailey would receive payments based on a $200,000 value, but the property's fair market value is already higher and should increase as time passes.

7 0
3 years ago
A map from trade development commissions or chamber of commerce can be more useful that google maps for identifying
Marrrta [24]

A map from trade development commissions or chamber of commerce can help identify <em>major areas of commerce and location.</em>

Explanation:

Google map helps with location of building but will not give information about the commerce aspect of the building.

But since the Trade Development Commission has exclusive responsibility to provide that, then it will be more useful to identify major areas of commerce and their locations.

#learnwithbrainly

8 0
3 years ago
Other questions:
  • Adair Valley issued $20,000,000 of general obligation bonds to construct a multipurpose arena. These bonds will be serviced by a
    8·1 answer
  • A company reports the following information for the year: Net credit sales $ 120,000 Average accounts receivable 20,000 Cash col
    15·1 answer
  • Edwards Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total
    6·1 answer
  • A company's decision to move its operations out of the country will affect its employees, owners, suppliers, distributors, and e
    8·1 answer
  • A group of companies bound together to fix prices is called...?
    15·1 answer
  • What is the periodicity assumption? Companies should recognize revenue in the accounting period in which services are performed.
    12·1 answer
  • A manager of a large retail firm is interested in knowing what the company's product costs are. Which of the following would be
    13·1 answer
  • If the Federal Open Market Committee decides to increase the money supply, then the Federal Reserve Group of answer choices crea
    6·1 answer
  • Make me brainless pls pls pls pls pls
    12·2 answers
  • sheridan company had beginning inventory of $12600 at March 1, 2022. During the month, the company made purchases of $54600. The
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!