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
RSB [31]
3 years ago
12

Key numbers that financial managers use to calculate ratios usually come from the firm’s

Business
1 answer:
3241004551 [841]3 years ago
8 0
The answer that fits the blank above would be BALANCE SHEET AND INCOME STATEMENT. The balance sheet serves the copy of the liabilities and assets that a company or firm has recorded for a specific period of time. On the other hand, the income statement shows both the profit and loss that the company has. Therefore, it is based on these two that financial managers are able to calculate ratios.
You might be interested in
What business approach has enabled walmart to drive prices down and react to market conditions more quickly?
oee [108]

Answer:

C) Supply chain management system

Explanation:

Supply Chain Management (SCM) includes all processes that transform raw materials into final products in order to maximize customer value and gain a competitive advantage in the marketplace. SCM covers everything from production to product development to the information systems needed for the best management.

The supply chain cycle of Wal-Mart includes procurement, manufacturing, distribution, retailing. As a retailer, Wal-Mart has to source its products from vendors domestically and globally, this creates a more effective supply chain that allows for lower prices.

3 0
3 years ago
Read 2 more answers
Chester's balance sheet has $86,386,000 in equity. If next year, assets decrease by $4,000,000 and liabilities increase by $2,00
DaniilM [7]

Answer:

$88,386,000

Explanation:

The computation of the chester book value is shown below:

= Equity balance + decrease in assets in the next year - increased in liabilities for the next year

where,

Equity balance is $86,386,000

Decrease in assets is $4,000,000

Increased in liabilities $2,000,000

Now place these values to the above formula

So, the book value is

= $86,386,000 + $4,000,000 - $2,000,000

= $88,386,000

6 0
3 years ago
As the difference among computer manufacturers in the areas of price and performance narrows, support for green computing is eme
lord [1]

Answer:

True

Explanation:

Because prices for computers have fallen across manufacturers, while performance has improved at the same time, manufacturers are now trying to distinguish themselves through the use of green technologies and strategies, with the goal of obtaining the market share of customers who are worried about the enviroment, and about sustainability.

7 0
3 years ago
The cost system best suited to industries that manufacture a large number of identical units of commodities on a continuous basi
ValentinkaMS [17]

Answer:

Process Costing

Explanation:

Process Costing allows so many units to be in production at the same time which are identical. The cost of each unit can be determined by calculating the average price using to total units produced.

7 0
3 years ago
Bonita Industries has estimated that total depreciation expense for the year ending December 31, 2018 will amount to $583000, an
Mice21 [21]

Answer:

<u><em>Total expenses 936,500</em></u>

depreciation 291,500

wages expense 645,000

Explanation:

Assuming the depreciation are calculate base on straight line or that their output is lineal through the year:

It will be half of the depreciation for the year.

583,000 / 2 =  291,500 depreciation expense for six-month

For the year-end bonused It wll be the same ideal, we assume are earned equally during the year. So at half year half of the bonuses should be earned:

wages expense 1,290,000/2 = 645,000

<u>Total expenses 936,500</u>

7 0
2 years ago
Other questions:
  • Creative Sound Systems sold investments, land, and its own common stock for $33.0 million, $14.7 million, and $39.4 million, res
    10·1 answer
  • In evaluating companies across industries, financial managers will often read the _____ as a means of interpreting the statement
    10·1 answer
  • On January 1, Parson Freight Company issues 8.0%, 10-year bonds with a par value of $3,200,000. The bonds pay interest semiannua
    15·1 answer
  • Concord Corporation is planning to sell 500 boxes of ceramic tile, with production estimated at 470 boxes during May. Each box o
    11·1 answer
  • After teaching a class on game theory, your instructor announces that if every student skips the last question on the next exam,
    10·1 answer
  • Choose appropriate term from the list below for each of the following descriptions.
    10·1 answer
  • _______________ are typically thought of as "the voice of the consumer." Their job is putting consumers at the center of the com
    9·1 answer
  • An internal study by the Technology Services department at Lahey Electronics revealed company employees receive an average of tw
    8·1 answer
  • 11. Which of the following statements about the role of managers
    7·1 answer
  • The entry to record the sale of services for cash includes a ______.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!