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
Rom4ik [11]
2 years ago
6

The balance sheet, or statement of financial position, is the listing of all assets and all claims against the assets of a compa

ny. a. true b. false
Business
1 answer:
Tanzania [10]2 years ago
4 0

True

<h3>What do you mean by balance sheet?</h3>

The term "balance sheet" refers to a financial statement that details the assets, liabilities, and shareholder equity of a business at a specific point in time. Balance sheets serve as the basis for estimating a company's capital structure and computing investor return rates.

A financial statement called a balance sheet provides a brief summary of a company's assets, liabilities, and shareholder investment. Balance sheets can be used in combination with other important financial data when doing basic analysis or computing financial ratios.

MAIN LESSONS

A balance sheet, which is a financial statement, lists the assets, liabilities, and shareholder equity of an organization.

one of the three main financial accounts that are examined when evaluating a company

To know more about Balance sheet visit :

brainly.com/question/17352291

#SPJ4

You might be interested in
The health insurance portability and accountability act (hipaa) requires that:
givi [52]

E. All of the Above

8 0
4 years ago
Why is the study of finance important?​
Nastasia [14]

Answer:

Studying finance can prepare you not only for careers in the financial services sector, but also for tasks in your everyday life. ... And because finance revolves around planning and analysis, studying finance and becoming more financially literate enables people to make better personal financial decisions.

7 0
3 years ago
What is the most valuable competitive resource for a manager who needs alternative solutions to a problem?
Marizza181 [45]

Answer:

B. Employees with ideas

Explanation:

What is the most valuable competitive resource for a manager who needs alternative solutions to a problem?

<em>The concluding part of this questions from an online resource will be the following options and i assume the person who has posted this question meant to add the following options</em>

Facilities with open space

Employees with ideas

Money from investors

Customers of competitors

Every successful businesses thrives on three P's ,which are the

-People

-Process

-Products

Value is in people not in things. A manager needs Employees with great ideas to improve the quality of services the business outfits gives the customers. If a Manager or owner does not have good hands to work ,He should be ready to be out of business.

You need great employees who will answer the phone calls, make market research and development, Deliver projects on time, get you new clients who need your services, and take your business to the international scene.

I will subscribe to the option B. Employees with ideas,

3 0
3 years ago
Oil Products Company purchases an oil tanker depot on January 1, 2017, at a cost of $600,000. Oil Products expects to operate th
anzhelika [568]

Answer:

The Journal entries are as follows:

(i) On January 1, 2017

Plant Assets A/c Dr. $600,000

      To cash                                 $600,000

[To record the depot]

(ii) On January 1, 2017

Plant Assets A/c Dr. $41,879

       To To Asset retirement obligation $41,879

[To record the Asset retirement obligation]

Missing information: Based on an effective-interest rate of 6%, the present value of the asset retirement obligation on January 1, 2017, is $41,879.

4 0
4 years ago
How many servings of coke are there per day
zavuch27 [327]

1.9 billion servings world wide per day

6 0
3 years ago
Other questions:
  • Eurocurrency markets are a source of attractively priced working capital loans for multinational firms because
    6·1 answer
  • Relationships between businesses and among nations:
    10·1 answer
  • A retailer is considering investing £190,000 in a second store , the probability that sales will be £300,000 is 0.6 and the prob
    15·1 answer
  • After carefully considering the most recent employee survey results, you decide that Applebee's core issue is that employees fee
    9·1 answer
  • What is critical infrastructure protection strategies? ​
    5·1 answer
  • How can entrepreneurs save money in case the government increases taxes on small businesses?
    13·1 answer
  • Compute the charitable contribution deduction (ignoring the percentage limitation) for each of the following C corporations.
    11·1 answer
  • the scott company had the following activities during 2019. during the year, work-in-process increased by $2,500 and finished go
    15·1 answer
  • A cost-based contract is __________. ANSWER Unselected a document that authorizes a supplier to deliver a product or service and
    8·1 answer
  • Economists reason that the optimal decision is to continue any activity up to the point where the.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!