1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
antoniya [11.8K]
3 years ago
8

Which financial statement is prepared first?

Business
2 answers:
antiseptic1488 [7]3 years ago
6 0
The answer to your question is "Income Statement"
levacccp [35]3 years ago
5 0
<span>The income statement is prepared first</span>
You might be interested in
Maverick Stars Inc., a U.S.-based multinational company, applies its home-country standards of employment and production in its
IRINA_888 [86]

Answer:

The answer is D. nullifying the reasons for investing in those countries.E. adopting cultural relativism as its approach to ethics.

Explanation:

Most multinational companies establish in less-developed host nations to benefit from cheap labor which results in minimizing products and in turn maximize profits.

4 0
3 years ago
A restaurant chain sells 220,000 burritos each day when it charges $8.00 per burrito. for each $0.50 increase in price, the rest
VashaNatasha [74]
The highest that the store should sell should be at $9.5 per burrito because if they sell at $9.5, then they will get 1,805,000 for a daily revenue (9.5 x 190,000 burritos). If they sell any higher, then their daily revenue will go down. For example, if they sell at $10 a piece, they can only sell 180,000 (as per the rule that for every $0.50 increase in price, they have to lessen their sales volume by 10,000). 10 x 180,000 is 1,800,000 which is their daily revenue if they sell at $10 which is less than what they can get if they sell at $9.5. 
3 0
3 years ago
Ben and Chris combined their love of football with a business venture. They purchased a small portable cart and began selling fo
wolverine [178]

Answer: Option C

Explanation: Environmental circumstances refers to the threats and opportunities that arise from political and economical unstability. These are highly fluctuating factors and can affect the business highly.

In the given case, the business of Ben and Chris slowed down due to the economic breakdown in the country. These factors are inescapable and affect all the businesses in the economy.

Thus, from the above we can conclude that the correct option is C.

4 0
3 years ago
Jeff, the owner of the toy box (a toy store), has chosen his products carefully. they are all handmade of wood; none are cheap g
AlladinOne [14]
All of Jeff's activities are aimed at giving Jeff a sustainable competitive advantage through Strategic Positioning. Strategic positioning attempts to achieve a sustainable competitive advantage by preserving what is distinctive about a company.  A company has a sustainable competitive advantage when it acquires some qualities or attributes which are different from other competitors in the market and which makes it outstanding in the market, and when these advantages last for many years, then they are known as sustainable competitive advantages.
6 0
4 years ago
Tanner Service Company reported an annual sales revenue of $560,000 in 2019. During the year, accounts receivable decreased from
otez555 [7]

Answer:

$563,700

Explanation:

Calculation of cash is as seen below.

Sales revenue. $560,000

Add: Decrease in accounts receivable ($22,500 - $18,800) $3,700

Cash received from customers. $563,700.

Note: other information given in the question are not relevant for the computation of cash received from customers for the year.

Therefore, cash received from customers for the year is $563,700

4 0
3 years ago
Other questions:
  • During the month of February, Rubio Services had cash receipts of $8,100 and cash disbursements of $9,800. The February 28 cash
    10·1 answer
  • Can someone please check my answers . And my bunny ate the paper for those wondering
    9·1 answer
  • Daniel owns preference shares of a company that has earned great profits this year. What can Daniel expect to receive from the c
    15·1 answer
  • The payment of a note payable plus the accrued interest would be recorded in the
    6·1 answer
  • Josh and Pam have bought an older home that needs some repair. After budgeting a total of $1685 for home improvements, they star
    5·1 answer
  • When creating a budget, you should use...
    7·1 answer
  • Spotter Corporation reported the following for June in its periodic inventory records. Date Description Units Unit Cost Total Co
    14·1 answer
  • One type of mutual fund does not endeavor to achieve the goals of a balance of bonds and stock or​ growth, income, and stability
    13·1 answer
  • Jarvis is a coffee farmer who wants to hedge his entire coffee crop that will be harvested by September. The December coffee con
    12·1 answer
  • John worked 40 hours this week. His rate of pay is $12.50 per hour. What is his gross pay? $425 $500 $475 $505
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!