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1 year ago

Evidence is usually more persuasive for balance sheet accounts when it is obtained:______.

1 answer:

8 0

Evidence is usually more persuasive for balance sheet accounts when it is obtained as close to the balance sheet date as possible.

<h3>What is a balance sheet?</h3>

An organization's assets, liabilities, and shareholder equity are displayed on a balance sheet, which is a financial statement. Balance sheets serve as the basis for determining investor return rates and evaluating a company's financial structure.

The balance sheet is a financial statement that provides a brief summary of a company's assets, liabilities, and shareholder investment. Balance sheets can be used in conjunction with other important financial data when doing basic analysis or generating financial ratios.

An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement. The assets on the balance sheet are equal to the total of the liabilities plus the shareholders' equity. Financial ratios are computed using balance sheets by fundamental analysts.

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A(n) ____ is the transfer of the control of operations and management from one firm to another with the former becoming a unit o

olya-2409 [2.1K]

Answer:

acquisition

Merger

Explanation:

Acquisition is when a company purchases almost all the shares of another company in order to have full control over it. For companies that are distressed or are not able to operate as a going concern, such can put up the company for sale.

In acquisition, the buying company oftentimes retain its name which is already a brand , work and build on the strength of the old company in order to achieve returns. Companies acquire other companies in order to have large market shares and also to diversify their business operation.

One of the benefit of acquisition is that it gives room for fresh ideas due to coming together of different people and also brings people that are experts in their various fields.

Merger is when two or more firms comes together to form a single entity.

Companies or firm merge in order to form an alliance and also send strong signals to other competitors.

Firms also merge in order to increase their financial capacity. This will enable them to be able to finance their business operations. They are also able to increase their asset base as a result of the merger.

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2 years ago

Nomination by petition is done by gathering signatures from _____.

meriva

A certain number of qualified voters in a district

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3 years ago

Read 2 more answers

Stretch goals" can be described as

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You can describe stretch goals as goals placed above the ones you need or strive to achieve, as a secondary objective. Think of achieving a stretch goal as doing even better than expected.

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2 years ago

Martinez Company has three cost pools and two doggie products (leashes and collars). The activity cost pool of ordering has the

nikdorinn [45]

Answer:

The cost assigned to leashes for supervising is $180,000

Explanation:

Estimated Overhead Cost Drivers Overhead Rates

$ 260,000.00 130,000 $ 2.00 Per Order

$ 400,000.00 800,000 $ 0.50 per Part

$ 300,000.00 25,000 $ 12.00 Per Hour

Labor hours for the leashes is 15,000 hours

Cost assigned to leashes for supervising = 15,000 x 12 = $180,000

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2 years ago

"2. In 2020, Polar Engines issued 125,000 shares of its $1 par common stock at $12 per share. On September 30, 2022 Polar Engine

notsponge [240]

Answer:

Dollar amount of Treasury stock at the end = $85,000

Explanation:

Given:

Number of purchase treasury stock = 15,000 at $17

Number of sold treasury stock = 10,000

Computation:

Amount of purchase treasury stock = 15,000 × $17

Amount of purchase treasury stock = $255,000

Amount of sold treasury stock = 10,000 × Purchase price

Amount of sold treasury stock = 10,000 × $17

Amount of sold treasury stock = $170,000

Computation of dollar amount of Treasury stock at the end:

Dollar amount of Treasury stock at the end = Amount of purchase treasury stock - Amount of sold treasury stock

Dollar amount of Treasury stock at the end = $255,000 - $170,000

Dollar amount of Treasury stock at the end = $85,000

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3 years ago