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
bearhunter [10]
4 years ago
15

The normal order in which the financial statements are prepared is:

Business
1 answer:
Alex17521 [72]4 years ago
4 0

Answer:

D) Income statement, statement of retained earnings, balance sheet.

Explanation:

The order is

1)Income Statement

2)Statement of Retained Earnings – also called Statement of Owners’ Equity

3)The Balance Sheet

$)The Statement of Cash Flows

You might be interested in
Super Grocery store allocates its service department expenses to its various operating (sales) departments. The following data i
Kruka [31]

Answer:

6,000

Explanation:

The computation of the total administrative expense allocated to the Meats department is shown below:

= (Total administrative expenses ÷ total square feet) × meat square feet

= ($15,000 ÷ 3,000) × 1,200

= 6,000

We simply do the proportion based on the meats department by dividing the total square feet

All other information which is given in the question is not considered. Hence, ignored it

8 0
4 years ago
It's important to note that sometimes private solutions to externalities do not work. For example, this occurs when an excessive
Arlecino [84]

Answer:

It describes the problem of transaction costs and negotiation.

Explanation:

Externalities are situations that arise when the activities of an organization affects another for good or bad, but with the first organization that caused the change, receiving no benefits (if it was a positive change), or bearing no costs (if it as a negative change).

Ronald Coase proposed some theories about the possible solutions to externalities. One of them is negotiation between the two parties involved. The problem with this solution is the high costs of transaction that could be spent before an agreement is reached. The number of people involved in the negotiation could also be a problem.

4 0
3 years ago
Dutch, Bill and Heidi were equal partners in a lawn care business. Bill and Heidi wanted to borrow money from the bank to buy mo
Alex Ar [27]

Answer:

Yes, because all three were equal partners in the said business and when the decision was to be made, a greater majority (Bill and Heidi) voted in favor of getting the loan.

Dutch also is thus, liable for the said loan. He ought to have opted out of the partnership if he was dead serious and he would have gotten a fair share of dividends from the said partnership and left the duo to work together

3 0
3 years ago
Business applications have moved from transaction processing and monitoring to other activities. Which of the following is NOT o
laila [671]

Answer:

data monitoring                    

Explanation:

Data monitoring refers to the business practice where key business data are constantly monitored against quality assurance rules to ensure that it's always of good quality and complies with previously defined design and accuracy requirements.

Monitoring the data helps a company to constructively maintain high, accurate data quality standard. Through periodically reviewing the data as it is processed inside programs, enterprises may eliminate commodity-intensive information pre-processing before transferring. Software quality is tested with software management at the moment of creation, rather than during a step.

8 0
3 years ago
When mp3 players emerged and cassette players declined in popularity, what type, or types, of unemployment were created?
-BARSIC- [3]
<span>When mp3 players emerged and cassette players declined in popularity, the type/s of unemployment created were of those who are making the wires, the mp3 players, the cassette players, the CD players and even the owner or companies who are suppliers of products that are needed to assemble the machines.</span>
6 0
3 years ago
Other questions:
  • Identify the type of sentence. because karl spent more money than he earned, he lost his house and car.
    14·1 answer
  • What is the present value of 10 equal payments of $16,500 to be made at the end of each year for the next 10 years?
    12·1 answer
  • The Winston Company estimates that the factory overhead for the following year will be $1,250,000. The company has decided that
    14·1 answer
  • A government experienced significant loss of certain roadways and bridges as a result of major flooding. Which of the following
    7·1 answer
  • Which spreadsheet function is used to conduct a logical test to see if the conditions of a given expression can be met? A. Round
    11·2 answers
  • Period costs include
    14·1 answer
  • NewDigger Inc. makes backhoes for digging ditches and trenches. It has developed an environmental-friendly liquid that, when pou
    11·1 answer
  • The central bank requires Southern to hold 10% of deposits as reserves. Southern Bank's policy prohibits it from holding excess
    14·1 answer
  • Exercise 19-08 a-b Oriole Corporation incurred the following costs while manufacturing its product.
    15·1 answer
  • At a single-phase, multiple-channel service facility, customers arrive randomly. Statistical analysis of past data shows that th
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!