All categories

2 years ago

Which financial statement is prepared first?

2 answers:

5 0

I think the answer is C because you have to know how much someone's income is in order to make a statement of an owner's equity

ddd [48]2 years ago

3 0

C because you have to know how much you make coming in so they can see where you're at

You might be interested in

Ceteris paribus, a decrease in the demand for automobiles will

OLEGan [10]

Here are the answers: Ceteris Paribus, we would expect the following to be the cause of a decrease in the demand for the automobiles and these are: Increased gasoline prices, the expectations of the consumers that the prices of the automobiles will depreciate the following year and that the significant recession will develop and will last for a year. (Answers are based from the actual options attached to this question.)

5 0

2 years ago

Dr. wahls explains at great length the importance of diet to mitochondrial function, but if you had to simplify her message to f

Alla [95]

If the whole lecture about mitochondria was placed in a single tweet, it would be this one:

<span>“The mitochondria is the power house of the cell” A powerhouse that we all should be mindful about and to take care of our own.</span>

5 0

3 years ago

Besides location and length what would you say marks the major difference between the hanseatic and venetian trade routes

alexgriva [62]

The answer to this question is <span>The people who created and are traveling through the routes. The Hanseatic route was really famous to be passed by the people in Germany, while the Venetian trade route was really famous to be passed by the people in Italy (Especially Italian maritime republics such as Genoa and Venice)</span>

3 0

2 years ago

The treasurer of a major U.S. firm has $29 million to invest for three months. The interest rate in the United States is .29 per

7nadin3 [17]

Answer:

Check the following calculations.

Explanation:

The U.S. firm has $29 million

Investment is for three months

And the interest rate in the United States is .29 percent per month

The value of the investment if the money is invested in U.S

= $29 million *(1+ 0.29%) ^3

= $29.2530 million

The interest rate in Great Britain is .33 percent per month.

The spot exchange rate is £.629

And the three-month forward rate is £.632.

The value of the investment if the money is invested in Great Britain

Value after spot exchange = $29 million *(£.629/$1) = £ 18.241 million

Value after three months interest earning = £ 18.241*(1+0.33%) ^3

= £ 18.4222 million

Exchanging again in US $ after 3 months

= £ 18.4222 *($1/£ .632) = $29.1490 million

Therefore the value of the investment if the money is invested in Great Britain is $29.1490 million.

The value of investment will be more if the money is invested in U.S.

6 0

2 years ago

Roger is new-product project manager for a medical equipment company. Recently the team has exhibited a high degree of conflict

Flauer [41]

Answer: Storming stage

Explanation: In simple words, it refers to the stage in which conflict between members of a group starts happening due to arise of individual personalities. This is last and most crucial stage of team development process.

In this stage the performance of team starts declining due to lack of harmony and trust among the members of the team. In the given case, Roger's team has been facing conflict over the controlling issues ,hence, we can conclude that they are at storming stage of development.

5 0

3 years ago