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kotegsom [21]
1 year ago
6

What are the purposes of (b) the balance sheet

Business
1 answer:
Vinvika [58]1 year 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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. Unique Games, a not-for-profit entity organized to provide athletic competition opportunities for high school students, utiliz
eimsori [14]

Answer:

The answer is $0.

Explanation:

Contributed service revenue or contributed revenue can be defined as the service or goods received with no payment or any other kind of exchange.

So in this question, the work from the volunteers and the film from CPA can be all accounted for contributed service revenue.

If we calculate them;

  • The movie costs $60 per hour so at 60 hours, it would cost $3600.
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But since Unique Games are a non-profit entity, the amount they should recognize as contributed service revenue is $0.

I hope this answer helps.

8 0
3 years ago
Under Armour developed dynamic advertising, sponsorships of sports leagues, a creative Web site and celebrity spokespeople to pr
valkas [14]

Answer:

Integrated marketing communications.

Explanation:

Integrated marketing communications involved passing clear messages about a particular product to potential customers through different communication channels. It is used to create an awareness of the product to the customers.

Intergrated marketing communication involves delivering a consistent message about a product to potential customers through multiple platforms.

Integrated marketing communications helps a business to increase sales at a reduced cost.

8 0
3 years ago
A ScrumMaster's role is to also be a Servant Leader. Which of the following characteristics is not a Servant Leader characterist
bulgar [2K]

Answer:

D. What are you going to do for me today?

Explanation:

The leader should be first a servant, having a desire to serve than to be served. This makes a leader has authority and not just power by having interactions with ones he leads. He is not just interested in building himself but contributing to growth and development of the people around him.

Therefore asking what one will do for you is not a Servant Leader characteristic because it puts the leader first before the people.

3 0
3 years ago
one of the major criticisms of the G-20 is that they are completely ineffective in setting policies? true or false
tia_tia [17]
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A long term investment usually means an investment period of one to three months?
GarryVolchara [31]

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False

Explanation:

7 0
2 years ago
Read 2 more answers
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