All categories

1 year ago

General-purpose financial statements are the product of:____.

Business

1 answer:

Neko [114]1 year ago

5 0

General-purpose financial statements are the product of: <u>both financial and managerial accounting.</u>

<u />

<h3>What is the definition of general purpose financial statements?</h3>

The general definition of financial statements is to provide information about the effects of operations, financial position, and cash flows of an organization. This information is employed by the readers of financial statements to make judgments regarding the allocation of resources.

<h3>What are the three general objective financial statements?</h3>

The balance sheet, income statement, and cash flow information each offer unique pieces with information that is all connected. Together the three statements give a comprehensive portrait of the company's working activities.

To learn more about financial position, refer

brainly.com/question/28343240

#SPJ4

You might be interested in

Which education and qualifications are especially useful for Food Products and Processing Systems careers? Check all that apply.

Pani-rosa [81]

Answer:

organization skills,physical strength, and confidence

Explanation:

sorry if i'm wrong :(

6 0

2 years ago

Read 2 more answers

1. You are evaluating the purchase of HypeToys, Inc. common stock that just paid an annual dividend of $1.80. You expect the div

Arte-miy333 [17]

Answer:

$36.65

Explanation:

D1 = D*(1+g)

D1 = 1.8*(1+0.12)

D1 = 1.8(1.12)

D1 = $2.016

Price of stock P = D1 / (re - g)

Price of stock P = $2.016 / (0.175 - 0.12)

Price of stock P = $2.016 / 0.055

Price of stock P = $36.654545

Price of stock P = $36.65

So, $36.65 is the most that i will be willing to pay for the common stock if i am to purchase it today.

5 0

2 years ago

Traditionally, if sam, who is 17 years old, purchases a television from a store, signs a 11-month contract, and then drops it on

zavuch27 [327]

Well of this is true of false it would be false because you have to be 18 years old. This can’t happen in the first place because you have to be 18 years or older to purchase the television

5 0

2 years ago

The Smelting Department of Kiner Company has the following production data for November. Production: Beginning work in process 3

Anvisha [2.4K]

Answer:

(A) 18,600 units

(B) 13,821 units

Explanation:

(A) The computation of the equivalent unit for material cost is shown below:

= (Completed and transferred units × completed percentage) + (ending work in progress units × completed percentage)

= (10,500 units × 100%) + (8,100 units × 100%)

= 10,500 units + 8,100 units

= 18,600 units

(B) The computation of the equivalent unit for conversion cost is shown below:

= (Completed and transferred units × completed percentage) + (ending work in progress units × completed percentage)

= (10,500 units × 100%) + (8,100 units × 41%)

= 10,500 units + 3,321 units

= 13,821 units

6 0

2 years ago

Each service starts on a different date because the services depend on each other. Enter the starting dates for the remaining se

gladu [14]

Answer:

a. Copy the range of cell D7:D9 then select cell D6 and paste the selection with date format selected. The function will be represented in formula bar with adding +4;365 days.

b. Copy the range of cell D7:D9 then select cell D6 and paste the selection with date format selected. The function will be represented in formula bar with adding -3;365 days.

c. In the formula bar type =365 days; +2 : E6

d. In the formula bar type =365 days ; +2 : C6

Explanation:

Excel is a software which helps the users to easily calculate complex calculation with just one function input. The users can create worksheets using the excel and then link those worksheets with each other. The data can be displayed in the form of table or simple text. It has multiple options to create annual day wise filtered worksheets.

7 0

2 years ago