Which spreadsheet type will determine how well a business has done over the past year?

2 answers:

8 0

A profit and loss statement will determine how well a business has done over the past year.The profit and loss statement is a financial statement which shows revenue, costs and all expenses that happened during a said period of time. Most companies do this quarterly or yearly.

strojnjashka [21]3 years ago

6 0

Answer:

B. Profit-and-loss statement

Explanation:

The balance sheet shows the assets and liabilities of an entity but not the performance.

How well a business has done is a measure of the revenue the company makes with a consideration of the cost incurred in generating this revenue.

The net of the revenue and cost gives the income of the entity.

Such information is only available in the Profit-and-loss statement.

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Answer: e. The manager is incorrect.

Explanation:

Based on the information given in the question, the statement that's true regarding the manager's statement that Robby's only recourse is against Connie is that the manager is incorrect.

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Therefore, the correct option is E

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Damm [24]

Answer:

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Explanation:

If you have a rate of 10% a month

and you owe $100, the next month you owe $110

or if you owe $50, then next month you owe $55

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