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
love history [14]
3 years ago
5

If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would b

e most helpful?
A.
Statement of owners' equity
B.
Cash flow statement
C.
Balance sheet
D.
Income statement
Business
1 answer:
riadik2000 [5.3K]3 years ago
8 0

Answer:

The answer would be D. Income Statement!

Explanation:

You might be interested in
Miller, Inc. has 5,000 shares of 6%, $400 par value, cumulative preferred stock and 100,000 shares of $4 par value common stock
grin007 [14]

Answer:

$40,000

Explanation:

Calculation to determine the amount of dividends received by the common stockholders in 2017

First step is to calculate the preferred stock

Preferred stock=(5,000 shares*$400)*6%

Preferred stock=$2,000,000*6%

Preferred stock=$120,000

Now let calculate the amount of dividends received by the common stockholders in 2017

Dividend Received=($200,000-$120,000)/2

Dividend Received=$80,000/2

Dividend Received=$40,000

Therefore the amount of dividends received by the common stockholders in 2017 will be$40,000

4 0
2 years ago
WILL BE MARKED BRAILIEST!!
Keith_Richards [23]

Answer:

•mystery shopper

false

Explanation:

6 0
3 years ago
An individual's ecological footprint is equivalent to the:
makkiz [27]

Answer: option D is correct

Explanation:

This is the biologically productive land that can sustain the individuals activities. It takes into account resources needed to produce goods and clean up it's waste.

7 0
3 years ago
Stelwire LLC, a vintage car dealer, advertises the sale of a 1964 Ford Thunderbolt. Ralph
DENIUS [597]

Answer:

A) firm offer rule

Explanation:

The firm offer rule states that an offer shall remain open and firm until its expiration date (in this case a fortnight). Stelwire LLC can revoke an offer (anyone can) but in order to do so, it must notify the other party about the revocation. If Stelwire LLC didn't properly revoke the offer before Ralph accepted it, then they are liable for it.

3 0
3 years ago
At the beginning of the year, SnapIt had $12,400 of inventory. During the year, SnapIt purchased $39,800 of merchandise and sold
AveGali [126]

The journal entry to record the inventory shrinkage is :Debit Cost of goods sold $18,600; Credit Inventory $18,600.

<h3>Inventory shrinkage</h3>

Based on the information given the appropriate  the journal entry to record the inventory shrinkage is :

Debit Cost of goods sold $18,600

Credit Inventory $18,600

($12,400+$39,800-$33,600)

(To record inventory shrinkage)

Inconclusion the journal entry to record the inventory shrinkage is :Debit Cost of goods sold $18,600; Credit Inventory $18,600

Learn more about inventory shrinkage here:brainly.com/question/6233622

4 0
2 years ago
Other questions:
  • What is the consistent finding regarding age identity of 60- to 75-year-olds?
    11·1 answer
  • Roseler Company uses a normal job-order costing system. The company has two departments through which most jobs pass. Overhead i
    12·1 answer
  • FreshLeaf is a commercial salad maker that produces "salad in a bag" that is sold at many local supermarkets. Its customers like
    14·1 answer
  • A manager of a store that sells and installs spas wants to prepare a forecast for January, February, and March of next year. Her
    9·1 answer
  • Bettina Amman is a sales consultant. She travels all over the country selling her company’s products. Her total monthly expenses
    12·1 answer
  • Because education has spillover benefits, the private market will: a. underallocate resources to education. b. overallocate reso
    12·1 answer
  • discuss how businesses can use mind mapping and brainstorming to identify new and innovative business opportunities​
    8·1 answer
  • A hurricane has recently disrupted supply chains and manufacturing plants in the Southeastern United States. How would this
    6·1 answer
  • If you were a cosmetologist working in a spa and were 15 minutes late for your first appointment, how would that impact those yo
    12·1 answer
  • Tucker Electronic System's current balance sheet shows total common equity of $3,125,000. The company has 100,000 shares of stoc
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!