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Ainat [17]
1 year ago
8

what accounting tool gives a snapshot of your business's financial standing at a single point in time?

Business
1 answer:
Marrrta [24]1 year ago
5 0

A Balance Sheet provides a snapshot of a firm's financial position at a specific point in time.

A Balance Sheet could be a financial tool and a book of accounts that has two sides: an assets side and a liabilities side. And either side of a Balance Sheet always matches. All the transactions that passed off in an exceedingly fiscal year are recorded on the Balance Sheet. The transactions of revenue nature come in the assets side and therefore the transactions of expenditure nature or capital nature enter the liabilities side. Any update or omission not recorded within the Balance Sheet or any transaction that can't be recorded within the Balance Sheet must be within the Notes To Accounts.

A Balance Sheet provides a snapshot of a firm's financial position at a specific point in time.

To learn more about Balance Sheets, visit the following link:

brainly.com/question/1113933

#SPJ4

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Morris Companies has an issue of preferred stock outstanding that pays a $7.75 dividend every year in perpetuity. What is the re
quester [9]

Answer:

Option (B) is correct.

Explanation:

Given that,

Issued preferred stock outstanding that pays dividend per year = $7.75

Current selling price = $68.19 per share

Required return = (Annual dividend ÷ Current price)  × 100

                            = ($7.75 ÷ $68.19) × 100

                            = 11.37% (Approx)

Therefore, the required return is 11.37% if this issue currently sells for $68.19 per share.

8 0
3 years ago
Having realistic expectations and thinking about the kind of manager you want to be, not forgetting to manage upward and sideway
wolverine [178]

Answer:

e) transitioning upward in an organization.

Explanation:

Based on the information provided within the question it can be said that this is good advice for those who are transitioning upward in an organization . This is because it allows them to understand how to always perform their best  regardless of the position they are in within the organization, and by doing so giving them better chances to ascend.

8 0
3 years ago
A certain smelting plant operates 24 hours per day, with three shifts of 200 workers per shift. Due to a flu epidemic, 1/4 of th
laiz [17]

Answer:

35

Explanation:

12/1-34÷1 I just need points

6 0
3 years ago
What is an example of a network database?
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4 0
4 years ago
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You are an international shrimp trader. A food producer in the Czech Republic offers to pay you 2.2 million Czech koruna today i
fredd [130]

Answer: The value of this exchange is $8,816.05.

Explanation:

The problem is dealing with a simple case of arbitrage of exchange rates: Lets assume that

k = koruna

b = baht

Step 1:

Sales Revenue = k2,200,000

(To get USD amount : \frac{2,200,000}{25.36}=$86,750.7886

Purchase Cost = b3,200,000

(To get USD amount : \frac{3,200,000}{41.06}=$77,934.7297

Step 2:

Profit = Sales Revenue - Purchase cost

         = $86,750.7886 - $77,934.7297

         = $8,816.0589

The value of this exchange is $8,816.05.

4 0
4 years ago
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