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balandron [24]
3 years ago
13

Which financial statement is prepared first?

Business
2 answers:
vichka [17]3 years ago
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]3 years ago
3 0
C because you have to know how much you make coming in so they can see where you're at
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_____ refers to activities to plan, organize, lead, and control the flow of products, services, finances, and information that p
Murrr4er [49]

Answer:

C.

Explanation:

Supply chain management is the management of the flow of goods and services, finances and information and includes all processes that transform raw materials into final products.

Contingency planning is designed to help an organization respond effectively to a significant future event or situation that we don't know if it will happen.

Demand chain management is similar to supply chain management but more complex, where upstream and downstream relationships between customers and suppliers need to be managed to deliver the lowest cost to the customer across the entire supply chain.

Enterprise resource planning is the integrated management of main business processes,

8 0
3 years ago
Read 2 more answers
Hicks Health Clubs, Inc., expects to generate an annual EBIT of $750,000 and needs to obtain financing for $1,200,000 of assets.
Zepler [3.9K]

Answer:

Hicks Health Clubs, Inc. earnings after taxes will change by minus $10,800 if they choose the more aggressive financing plan instead of the more conservative plan.

Explanation:

Note: I experienced a difficulty submitting the explanation here. Kindly find attached the full answer and explanation in the attached Microsoft word document.

Download docx
8 0
3 years ago
QS 19-10 Computing contribution margin LO P2 D’Souza Company sold 6,000 units of its product at a price of $88.00 per unit. Tota
Nikitich [7]

Answer:

$218,400

Explanation:

The computation of contribution margin is here below:-

                                               Units       Cost per unit         Total

Sales                                     6,000        $88                       $528,000

Less:

Variable production cost     6,000        $40.8                  $244,800

Variable selling and

administrative costs        6,000         $10.8                   $64,800

Contribution margin                                                           $218,400

Therefore the we multiplied the sale unit with cost per unit, in the similar way we multiplied the Variable production cost unit with cost per unit and Variable selling and administrative costs with cost per unit to reach the contribution margin.

4 0
3 years ago
Why are social security and medicare considered highly efficient programs? multiple choice they are administered at the local le
gregori [183]

The largest and most expensive social welfare programs in America are Social Security and Medicare. Medicare receives the funding the most, and it is not tested program while the social security is the example of entitlement. The Social Security Act of 1935 brought government into the equation of the obligations of one generation to another.

6 0
3 years ago
What is the maximum amount a firm should pay for a project that will return $15,000 annually for 5 years if the opportunity cost
vampirchik [111]

Answer:

The firm should pay $46907.57 for the given project.

Explanation:

Given information:

Return = $15000 annually

Time = 5 years

Opportunity cost = 18%

The formula for payment is

PV=R(\frac{1}{OC}-\frac{1}{OC(1+OC)^t})

where, R is return, OC is opportunity cost, t is time in years.

Substitute R=15000, t=5 and OC=0.18 in the above formula.

PV=15000(\frac{1}{0.18}-\frac{1}{0.18(1+0.18)^5})

PV=46907.5653141

PV\approx 46907.57

Therefore the firm should pay $46907.57 for the given project.

8 0
2 years ago
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