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Hunter-Best [27]
3 years ago
6

A firm's financial statements are generally assumed to include its income statement and balance sheet. Which of the following pi

ece of information is provided by a firm's balance sheet? A. Taxes. B. Revenues. C. Liabilities. D. Costs. E. Profit
Business
1 answer:
stellarik [79]3 years ago
5 0

Answer: Liabilities

Explanation: The Balance sheet which is also known as the statement of financial position represent or shows an entity financial position at a single point in time. That is, it shows the Owners equity(capital), Liabilities and Assets of a firm for a financial period, usually a year.

On the other hand, the income statement shows and entity profitability over a period of time

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Select the question that can be answered using only raw data. Multiple choice question. Which of the perishable items used by a
QveST [7]

The question that can be answered using only raw data is C. What is the <u>date, amount sold</u>, and <u>customer number</u> for a sale transaction?

<h3>What is raw data?</h3>

Raw data refers to data that has <u>not been processed</u> for use.

For example, unlike the perishable items to be ordered first or the lowest sales per week data, the data on the date, amount sold, and customer number for a sale transaction remain unprocessed and therefore raw.

Thus, the question that can be answered using only raw data is C. What is the <u>date, amount sold</u>, and <u>customer number</u> for a sale transaction?

Learn more about raw data at brainly.com/question/26207955

#SPJ1

8 0
2 years ago
Incurred manufacturing overhead costs a. $6,000 in indirect materials b. $9,200 in indirect labor (credit Wages Payable) c. $4,7
sp2606 [1]

Answer:

total manufacturing overhead cost incurred 33,250 dollars

Explanation:

the incurred overhead cost will be the sum of the indirect materials, the indirect labor, the depreciation and and other indirect cost paid or not. Givn our information , there seems to be no additional cost for manufacturing overhead so, actual overhead will be the sum of these:

indirect materials   6,000

indirect labor          9,200

depreciation          4, 750

other cost            <u>  13,300  </u>

total                       33,250

3 0
3 years ago
Dyckman Dealers has an investment in Thomas Corporation bonds that Dyckman accounts for as a trading security. Thomas Corporatio
faust18 [17]

Answer: $20,000

Explanation:

Bonds are to be carried in the books at their fair value which is their market value. That value is $20,000 in this instance and so Dyckman Dealers will have to record the bonds at that $20,000 value.

Investment analysis are not a basis for recording bond prices. They are simply a basis for making investment decisions. For instance, because they believe that the bond is overvalued, they can benefit from this by short selling the bond and waiting for it to drop in price.

3 0
3 years ago
A company reports the following:
fredd [130]

Answer:

a. 15 times

b. 24.3 days

Explanation:

The computation is shown below:

a. Accounts receivable turnover

Account receivable turnover ratio = Net credit sales ÷ Average accounts receivable  

= $3,150,000 ÷ $210,000

= 15 times

b. Number of days sales in receivables = Total number of days in a year ÷ accounts receivable turnover ratio

= 365 days ÷ 15 times

= 24.3 days

7 0
3 years ago
Should the NLRB require union organizer access to the workplace as a quid pro quo for an employer demanding an election rather t
rewona [7]

Answer: yes

Explanation:this is so because When a union wants to unionize a new group of employees, it must first convince at least 30% of the employees to sign authorization cards. If the union successfully does so, the union then submits the cards to the NLRB for certification. If the NLRB certifies that the union has secured cards from 30% of the employees, it orders that a secret ballot election be held where the employees vote on whether to unionize. Typically, about two months pass between the time the NLRB certifies the cards and the time that the election actually takes place. During these two months, the union and the employer actively campaign for or against unionization. At the election, if a majority of employees vote to unionize, then the NLRB recognizes the union as the sole bargaining representative of the employees. The employer is then required by statute to bargain in good faith with the union to negotiate the “first contract” between the employees and the employer. This employment contract determines the terms and conditions for all employees represented by the union.

3 0
3 years ago
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