All categories

3 months ago

The existence of goodwill on a corporate balance sheet indicates that the corporation has:________

1 answer:

4 0

The existence of goodwill on a corporate balance sheet shows that the business enterprise has: been worthwhile in the past.

A balance sheet is a statement of a business's belongings, liabilities, and owner's equity as of any given date. commonly, a stability sheet is prepared at the quit of set periods (e.g., each zone; annually). A stability sheet is produced from columns. The column at the left lists the assets of the organization.

In economic accounting, a balance sheet is a summary of the economic balances of a character or organization, whether or not it's a sole proprietorship, a business partnership, a business enterprise, a personal restrained business enterprise, or another business enterprise along with authorities or now not-for-profit entity.

A balance sheet offers you a photo of your company's monetary function at a given factor in time. in conjunction with an income declaration and a coins float declaration, a balance sheet can help commercial enterprise owners evaluate their organization's financial standing.

Learn more about the balance sheet here: brainly.com/question/1113933

#SPJ4

You might be interested in

The following information is taken from Reagan Company's December 31 balance sheet:

zimovet [89]

Answer:

Firm’s sales uncollected for year is 42 days.

Explanation:

Account receivable turnover ratio = $621,000 / $70,422

Account receivable turnover ratio = 8.69

Thus, accounts receivable turnover ratio is 8.69

Average collection period = 365 / Account receivable turnover ratio

Average collection period = 365 days / 8.69

Average collection period = 42.00

Thus, firm’s sales uncollected for year is 42 days.

8 0

2 years ago

The accounts of Melissa Manufacturing showed the following balances at the beginning of December: Account Debit Raw Materials I

Rudik [331]

Answer:

$115,000

Explanation:

Data provided as per the question is below:-

Beginning balance = $81,000

Direct material issued = $27,000

Direct labor incurred = $7,000

The computation balance Process Inventory is shown below:-

Balance in the Work-in-Process Inventory = Beginning balance + Direct material issued + Direct labor incurred

= $81,000 + $27,000 + $7,000

= $115,000

4 0

2 years ago

What is the main difference between private and government consumer advocacy employers?

sweet [91]

Answer:

Step-by-step explanation:

Explanation:

6 0

2 years ago

Read 2 more answers

Managers should act in shareholders' interests because shareholders have ___________ priority in receiving their claims.A. TopB.

Cloud [144]

Answer:

Regarding to Claim to income, the correct answer would be C-Bottom

Explanation:

Shareholders can be preferred or common and they have differents claims to income. Generally, preferred stock will be given preference in assets to common assets in case of company liquidation, nonetheless both will fall behind bondholders if asset distribution happen. If bankruptcy happen, common stock investors will receive any remaining funds after bondholders, then creditors and preferred stockholders are paid. That's why these investors often receive nothing after a bankruptcy. Preferred stock also has the first right to receive dividends. In general, common stock shareholders will not receive dividends until it is paid out to preferred shareholders, and that happen because they are at the bottom of the pyramid.

3 0

2 years ago

The owners of a local business are making a rational decision about how many workers to hire. How many workers would cause the m

Gekata [30.6K]

<h2>10 workers would cause the marginal to exceed the marginal benefits.</h2>

Explanation:

Let us understand the term "Marginal benefits".
It is the additional amount that the consumer "willing to pay" for an additional goods or a service.
In terms of producers, the marginal benefit is termed as marginal revenue.
Here according to the situation given in the question as to how many workers to hire could be answered by the number 10.
Marginal revenue always falls below marginal cost.
It is the revenue that the organization receives for selling one additional unit.

8 0

2 years ago

Read 2 more answers