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Dafna1 [17]
1 year ago
7

the four basic financial statements are: multiple choice income statement, sheet of retained earnings, balance statement, and st

atement of cash flows. income statement, statement of earnings, balance statement, and statement of cash flows. income sheet, statement of retained earnings, balance sheet, and statement of cash flows. income statement, statement of retained earnings, balance sheet, and statement of cash flows.
Business
1 answer:
Aleksandr [31]1 year ago
5 0

The four basic financial statements are: C. income sheet, statement of retained earnings, balance sheet, and statement of cash flows.

<h3>The four basic financial statements.</h3>

In Financial accounting, there are four (4) basic financial statements and these include the following:

  1. Income sheet
  2. Statement of retained earnings
  3. Balance sheet
  4. Statement of cash flows

<h3>What is an income statement?</h3>

An income statement can be defined as a type of financial statement which is typically used by an entrepreneur or business firm to record the amount of money (revenues) that are entering or flowing into the business.

<h3>What is a statement of cash flows?</h3>

A statement of cash flows is also referred to as cash flow statement and it can be defined as a type of financial statement which illustrate how changes in income and various account of the balance sheet affect cash and other cash equivalents.

Read more on cash flows here: brainly.com/question/24299919

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You might be interested in
A grocery chain is considering the installation of a set of 4 self-checkout lanes. The new self-checkout lane setup will replace
Mekhanik [1.2K]

Answer:

a. 2560 checkout

b. 3072 checkout

c. Old system = 3.85 checkout/$

New system = 5.56 checkout/$

Explanation:

Given:

Checkout lanes = 4

a.

How many checkouts did the old system provide in a shift?

Given

Lanes = 2

Time in use = 16 hours --- Convert to seconds

Time = 16 * 3600 = 57600 seconds

Checkout = 1 per 45 seconds

Number of check outs is calculated as:

2 lanes * 57600 seconds * 1 checkout / 45 seconds

Number of checkout = 2560 checkouts

b.

How many checkouts does the new system provide?

Lanes = 4

TimeTime in use = 16 hours --- Convert to minutes

Time = 16 * 60 = 960 minutes

Number of check outs is calculated as:

4 lanes * 960 minutes * 1 checkout / 1.25 minutes

Number of checkout = 3072 checkouts

c.

Given

Electricity costs for both setups are $0.06 per checkout

Bagging (material) costs are $0.12 per checkout with the old system

Bagging (material) costs are $0.20 per checkout with the old system

Cost for the old system is calculated by:

$0.06 * 2560 + $0.12 * 2560

= $153.6 + $307.2

= $460.3

Multifactor = 2560 checkout/$460.3

Multifactor = 5.56 checkout/$

Cost for the new system is calculated by:

0.06 * $3072 + 0.20 * $3072

= $184.32 + $614.4

= $798.72

Multifactor = 3072 checkout/$798.72

Multifactor = 3.85 checkout/$

6 0
3 years ago
6) Una escuela tiene un total de 475 estudiantes. Se quiere extraer una muestra de 80. Explica en detalle cómo se obtiene dicha
kap26 [50]

Answer:

Check Explanation

Comprobar Explicación

Explanation:

English Translation

A school has a total of 475 students. We want to extract a sample of 80. Explain in detail how this sample is obtained by random sampling.

Solution

In random sampling, each member of the population has an equal chance of being surveyed or an equal chance of being a member of the sample.

For this Question, it will mean that each of the 475 students would have an equal chance of being part of the sample of 80 students. To use random sampling for this particular scenario, we would give all the students numbers from 1 to 475, we would then use a computer program to generate 80 random student numbers.

We could also put all the number in a bowl and randomly select 80 numbers from 475, that way, the sampling method would be as random as can be.

In Spanish/En español

En el muestreo aleatorio, cada miembro de la población tiene la misma probabilidad de ser encuestado o la misma probabilidad de ser miembro de la muestra.

Para esta pregunta, significará que cada uno de los 475 estudiantes tendría las mismas posibilidades de ser parte de la muestra de 80 estudiantes. Para usar el muestreo aleatorio para este escenario particular, le daríamos a todos los estudiantes números del 1 al 475, luego usaríamos un programa de computadora para generar 80 números de estudiantes al azar.

También podríamos poner todos los números en un tazón y seleccionar aleatoriamente 80 números de 475, de esa manera, el método de muestreo sería lo más aleatorio posible.

Hope this Helps!!!

¡¡¡Espero que esto ayude!!!

7 0
3 years ago
Cleveland Company purchased $2,700 of inventory on account from Pinto Industries on March 8th. The terms were 2/15, n/45. Clevel
Gala2k [10]

Solution:

Accounts Payable          $2900

Cash                                $2691

Inventory                         $209

Cleveland didn't pay during the discount period,  

So the amount due is $2,700 - 450 = $2,250

Cash was charged in freight charges prior to delivery of the invoice.

4 0
3 years ago
If the buyer does not have a clear and unambiguous description or specification and wants to find out which supplier can deliver
enyata [817]

If the buyer is trying to determine which provider would offer the best value when and where it is needed but does not have a precise and unambiguous description or specification, he or she will typically issue request for proposal (RFP)

What is Request for Proposal?

When a product or service is needed but does not yet exist, a request for proposals (RFP) is used. The proposal may involve conducting research and development to produce the requested good or service.

The RFP establishes the initial requirements for the good or service and may, to varying degrees, dictate the manner and structure of the supplier's response. Effective RFPs frequently reflect business strategy and short- and long-term goals, giving vendors in-depth knowledge from which to offer a complimentary viewpoint.

To learn more about Request for Proposal

brainly.com/question/12996542

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3 0
2 years ago
1. Use the supply schedule below to graph the supply curve of vintage concert t-shirts. Label the curve S1.
Scorpion4ik [409]
Sjbejrrbtjenhfbr sorry I need points
7 0
3 years ago
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