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sladkih [1.3K]
1 year ago
11

Pops' owners and managers use the company's income statement to ultimately determine the company's _________.

Business
1 answer:
Thepotemich [5.8K]1 year ago
8 0

​POPS' owners and managers use the​ company's income statement to ultimately determine the​ company's <u>double </u><u>bottom line</u>.

More about income statement:

One of the three financial statements on which stock investors rely is the income statement. (The balance sheet and cash flow statement round out the list.) Investors who wish to evaluate a company's profitability and potential growth must comprehend an income statement.

Morea about double bottom line:

By adding a second bottom line to gauge a for-profit company's success in terms of its positive social impact, the double bottom line (also known as 2BL or DBL) tries to expand the traditional bottom line, which assesses fiscal performance and accounts for financial profit or loss.

Learn more about bottom line here:

brainly.com/question/3900120

#SPJ4

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The correct answer to the following question is $405,000 .

Explanation:

Given information -

Mateo corporations inventory on 31, December 2018 - $325,000

Merchandise costing , shipped from a vendor on December 30, but was received on January 5, 2019 - $30,000

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$325,000 + $30,000 + $38,000 + $12,000

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