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2 years ago

For the following year, show how the following amounts should be reported on the financial statements:

Business

1 answer:

Alexxx [7]2 years ago

6 0

Income statement, statement of stockholders' equity, balance sheet, statement of cash flows.

Financial statements are compiled in a specific order due to the fact information from one statement contains over to the next assertion. The trial stability is the first step within the method, followed by means of the adjusted trial balance, the income statement, the balance sheet and the statement of owner's equity. The financial statements ought to be prepared within the following order earnings statement, retained earnings statement, balance sheet and statement of coins flows.

Balance sheet is prepared as of a specific date while Income statements, retained earnings statement, and a statement of cash flows are all for a period of time such as a month.

A complete set of financial statements comprises: a statement of financial position as at the end of the period; a statement of profit and loss and other comprehensive income for the period.

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If Good C increases in price by 30% a pound, and this causes the quantity demanded for Good D to increase by 40%, what is the cr

dalvyx [7]

Answer:

1.3

Explanation:

Given:

If Good C increases in price by 30% a pound.

This causes the quantity demanded for Good D to increase by 40%.

Question asked:

What is the cross-price elasticity of the two goods ?

Solution:

We can find the cross-price elasticity of the two goods by this formula:

$E_{c} = \frac{ Percent\ change\ in \a \ quantity \ of \ good \ D}{Percent \ change\ in\ the\ price\ of \ good\ C}$

$E_{c} = \frac{40}{30}= 1.3$

When Good C increases in price by 30% which causes the quantity demanded for Good D to increase by 40%, then the cross-price elasticity of the is Good C and Good D is 1.3.

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3 years ago

If a new firm was launched to help businesses comply with the affordable care act, that opportunity was created by ________.

vekshin1

That opportunity was created by political actions and regulatory changes, government subsidiaries. An opportunity is a favorable set of circumstances that creates need for a new product service or idea. An opportunity should have essential qualities such as attractive, timely durable and anchored in a product, service or business that adds value for its buyer or end user.

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Dmitry_Shevchenko [17]

Heyyyyyy thanks for the points, have a nice day/night wtv :)

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3 years ago

Read 2 more answers

Advertising, fashion trends, and new product introductions serve to

dmitriy555 [2]

The correct answer is letter c. create consumer demand. Advertising, fashion trends, and new product introductions serve to create consumer demand.

Disequilibrium occurs when the quantity supplied and the quantity demanded are not the same in a market. The statement presented is True.

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3 years ago

What is the purpose of a marketing plan?

Elza [17]

Answer:

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Explanation:

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