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kotegsom [21]
2 years ago
6

What are the purposes of (b) the balance sheet

Business
1 answer:
Vinvika [58]2 years ago
5 0

The balance sheet of a company provides important information on the assets owned by the company, its liabilities, and the shareholder’s equity. They are essentially financial statements that outline the financial condition and history of a company.

Balance sheets have various purposes. They help stakeholders to assess and evaluate the business, and take important decisions that promote their interests.

The management may use it to strategize and chart out future plans to cut costs, invest and expand in certain areas, etc. Investors use it to decide whether or not to pour money into the company. Lenders evaluate the credit worthiness of the company, and decide on forwarding loans to it.

To learn more about balance sheets  : brainly.com/question/19552006

#SPJ4

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A customer invests $100,000 in a real estate limited partnership. In the first year of operations, the investor is allocated $20
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Answer:

-$130,000

Explanation:

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= $20,000 - $150,000

= -$130,000

Since the value comes in negative which reflects the net loss for the year

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Suppose a family-owned yogurt shop has $80,000 in total revenues, $36,000 in rent, and $20,000 in additional operating costs. Th
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4 years ago
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application development

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2 years ago
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Answer:

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