1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
grin007 [14]
2 years ago
14

The financial statement that reports whether the business earned a profit and also lists the revenues and expenses is called the

:_______
Business
1 answer:
enyata [817]2 years ago
6 0

The financial statement that reports whether the business earned a profit and also lists the revenues and expenses is called the Income Statement.

Financial Statements basically are written records that tell the financial position of a company over a particular time period. Financial Statements are audited by Government agencies or accountants. Income statements mainly focus on the company's revenues and expenses during a certain time period.

When the expenses are subtracted from the revenue, the statement produces a company's profit which is called net profit. The income Statement covers a range of time, which is a year for annual financial statements and a quarter for quarterly financial statements.

Income statements provide an overview of net income, expenses incurred, revenue, and earnings per share. The income Statement is also referred as a profit and loss statement. Therefore the income statement tells the profit, revenue and expenses.

You can learn more about income statement at

brainly.com/question/15169974

#SPJ4

You might be interested in
Luxury Swiss chalet hotel general manager reported to her owner that the hotels occupancy index for calendar year 2019 was 1.25.
Alex

Answer:

the Swiss Chalet had higher occupancy than its competitive set in 2019

7 0
3 years ago
1. The A to Z Packing Plant received a written citation from the Occupational Safety and Health Administration (OSHA) to have a
ValentinkaMS [17]

Correct answers are:

  1. - The A to Z . . . ANSWER: - (C) - Both Civil & Criminal Penalties
  2. - Under the Federal . . . ANSWER: (A) - Employer
  3. - Jack was invited . . . ANSWER: (A) - Jacks Employer
3 0
3 years ago
Kapcom Telecom wants to implement an on-the-job training program for the sales staff who are unaware of the technical aspects of
leva [86]

Answer:

situational restraints

Explanation:

Based on the information provided within the question it seems that this scenario is illustrating situational restraints. These are factors that act as barriers preventing certain behaviors or performances. Which is the case since the company wants and needs a training program but they do not have the personnel or the money to hire professional IT trainers. Therefore placing a barrier on the knowledge and skills that are needed from the training program.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Chandler Sporting Goods produces baseball and football equipment and lines of clothing. This year the company had cash and marke
Lapatulllka [165]

Answer:

The company's net working capital is $2123612

Explanation:

Working Capital

Current Assets:

Cash & marketable securities worth  $335,485

Inventory of                                          $1,651,599

Accounts receivables                          $1,488,121

Other current assets                            <u>$121,427</u>

Total Current Asset                                                     $3,596,632

Less:

Current Liabilities:

Accounts payable worth                       $1,159,357

Short-term notes payable worth           $313,663

Total Current Liabilities                                               <u>$1,473,020</u>

Net Working Capital                                                    <u>$2,123,612</u>

7 0
3 years ago
Explain corporate bond interest in terms of cost of capital versus investor yields. also, explain the municipal bond interest in
astraxan [27]

A sort of financial product sold to investors is a corporate bond, which is issued by a business. The investor receives a predetermined amount of interest payments at either a fixed or variable interest rate in exchange for providing the firm with the money it requires.

The bond "reaches maturity" when it stops making payments and the initial investment is refunded.

The ability of the corporation to repay the bond often serves as its security, and this ability is based on its expectations for future revenues and profitability. Physical assets of the corporation may occasionally be utilized as collateral.

A state, municipality, or county may issue municipal bonds as a debt security to pay for capital projects like building roads, bridges, or schools. They can be compared to loans given to local governments by investors.

Municipal bonds are particularly appealing to those in higher income tax brackets because they are frequently exempt from federal taxes and the majority of state and local taxes (for residents).

To learn more about Corporate Bond and Municipal Bonds here

brainly.com/question/14116276

#SPJ4

7 0
2 years ago
Other questions:
  • Which of the following describe the role of an entrepreneur in a capitalist economic system? (Select 2)
    5·1 answer
  • In the marketing mix, place includes ________.a. advertising
    12·1 answer
  • Personal values and work values cannot be related. Please select the best answer from the choices provided T F
    10·2 answers
  • In a sample of 800 students in a university, 160, or 20%, are Business majors. Based on the above information, the school's pape
    14·1 answer
  • Once a company has decided to employ a particular generic competitive strategy, then it must make the following additional strat
    14·1 answer
  • Which of the following statements concerning a bank savings account is false? a. Deposits are insured for at least $100,000. b.
    9·1 answer
  • A person who owned a bakery figured out that cookies were selling better than brownies. So, she took the resources that she was
    14·1 answer
  • Assume the following: The standard price per pound is $2.00. The standard quantity of pounds allowed per unit of finished goods
    6·1 answer
  • The letters A, B, C, D, E, F, G are called what?
    15·1 answer
  • An agent who arranges a transaction between a buyer and a seller of equity securities is called a:_____.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!