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Dafna1 [17]
2 years 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]2 years 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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MC Qu. 91 Raven Company has a target of earning... Raven Company has a target of earning $70,100 pre-tax income. The contributio
yawa3891 [41]

Answer:

The amount of dollar sales must be achieved to reach the goal is $331,875.

Explanation:

This can be calculated using the following formula:

Amount of dollar sales required = (Targeted pre-tax income + Fixed costs) / Contribution margin ratio ……..(1)

Where:

Amount of dollar sales required = ?

Targeted pre-tax income = $70,000

Fixed costs = $36,200

Contribution margin ratio = 32%, or 0.32

Substituting all the values into equation (1), we have:

Amount of dollar sales required = ($70,000 + $36,200) / 0.32 = $106,200 / 0.32 = $331,875

Thereforee, the amount of dollar sales must be achieved to reach the goal is $331,875.

6 0
3 years ago
A General Power bond carries a coupon rate of 8%, has 9 years until maturity, and sells at a yield to maturity of 7%. (Assume an
Mamont248 [21]

Answer:

bondholders will receive 8% of $1,000 = $80

Explanation:

The price of the bond varies depending on the yield to maturity, resulting in higher or lower gains for bondholders, but the actual cash amount received will always be equal to the coupon rate.

The same applies to the issuer of the bond, it may receive more or less money depending on the market rate, which increases or decreases interest expense, but the amount of money paid is always the coupon rate.

8 0
3 years ago
Which of the following is Not a component in part one of a Formal Report. A. Progress report.B. Feasibility report C.complaint r
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Hello, I am papaguy your answer is ready.


Answer:


A. Progress report.


Note If I am wrong I will check it again and provide a new answer.


Thank you

8 0
3 years ago
In double-stranded dna, the amount of a equals that of t and the amount of c equals that of g because:______
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In double-stranded DNA, the amount of a equals that of t and the amount of c equals that of g because <u>the strands have complementary sequences of bases.</u>

Deoxyribonucleic acid (abbreviated DNA) is a molecule that consists of genetic information for the development and functioning of an organism. DNA is fabricated from related strands that wind around every different to resemble a twisted ladder — a shape known as a double helix.

DNA is manufactured from chemical constructing blocks called nucleotides. these building blocks are made from three elements: a phosphate group, a sugar institution, and one in all four varieties of nitrogen bases. To form a strand of DNA, nucleotides are related into chains, with the phosphate and sugar organizations alternating.

DNA is the information molecule. It stores instructions for making different large molecules, called proteins. those commands are saved internal every one of your cells, dispensed among 46 long systems called chromosomes. These chromosomes are made from thousands of shorter segments of DNA, referred to as genes.

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8 0
2 years ago
Rivals would find it difficult to challenge atlas door in the short run because of high threat of substitution. low buyer switch
elena55 [62]

The reason why it is difficult for Rivals to challenge atlas door is probably because of the high threat of substitutes in which the rival fears that the atlas door will replace them and send them off out of the business when they are overpowered by the other party.

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