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Sindrei [870]
9 months ago
9

Explain why the income statement and the statement of cash flows are dated "For the Year Ended December 31, " whereas the balanc

e sheet is dated "At December 31."
Business
1 answer:
Dvinal [7]9 months ago
3 0

The income statement and the statement of cash flows are dated “For the Year Ended December 31” because they account for the inflow and outflow of resources during the entire year. Whereas the balance sheet is dated “At December 31” because it provides information on the assets, liabilities, and stakeholders’ equity at a specific date.

The income statement of a firm provides information of the firm’s revenues, expenses, profits or losses, over a period of time. A cash flow statement refers to the financial statement that records all the inflows and outflows of cash of a company from its business operations and investments.

The balance sheet, however, records financial information of a specific time, and this information includes the assets, liabilities, and shareholder’s equity.

To learn more about income statements and balance sheets : brainly.com/question/13463210

#SPJ4

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If an issuer files a registration statement with the sec under the securities act of 1933, registration is effective:
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Answer:

Registration statement for securities under the Uniform Securities Act are effective for One year from the effective date. The SEC accomplishes theses goals primarily by requiring that companies disclose important financial through the registration of securities.

Explanation:

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A setting of plainsong with two to four notes per syllable is called:
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Economists expect the firm to maximize __________, the laborer to accept the best __________, and the consumer to find the combi
algol13

Answer:

The correct answer is option d.

Explanation:

The firms are expected to maximize profits, the laborers are expected to accept the best offer and the rational consumer is expected to choose the bundle of good that maximizes utility.

Firms will produce the output level where their profits are maximized. The consumer will consume at the level where their total utility is maximized and the laborer will accept the best offer to maximize his benefit.

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If we assigned three people to work with you on a complex project containing 75 tasks that you were responsible for, how would y
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First of all, I will try to get to know people who were assigned to me. as I will have 75 tasks and equality is very important to me, I will give each person 25 task. if they will have some problems with given task I will try to help them or change their tasks so they can be more comfortable with their work. As a leader, i will do work as well, if my team will have some problems i will listen to them and solve those problems together. 
3 0
3 years ago
In the case of a small country, producer surplus Group of answer choices is not changed by tariffs or quotas. increases the same
rusak2 [61]

Answer:

increases the same amount with tariffs and equivalent quotas.

Explanation:

In Economics, a surplus refer to the amount by which the quantity supplied of a good exceeds the quantity demanded of the same good.

A producer surplus is the amount by which a buyer is willing to pay for a particular good minus the cost of producing the same good.

On the other hand, a consumer surplus is the amount by which a buyer is willing to pay for a particular good minus the amount the buyer actually pays for it.

In the case of a small country, a producer surplus increases (raises) the same amount (an amount a buyer is willing to pay for a good minus the cost of producing the good) with tariffs and equivalent quotas.

A tariff can be defined as tax levied by the government of a country on goods and services imported from another country.

Generally, tariffs can reduce both the volume of exports and imports in a country. In order to generate revenues, domestic government make use of tariffs while quotas do not generate any revenue for them.

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3 years ago
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