Answer:
c. its simplicity
Explanation:
In the single-step income statement, we can directly compute the net income or net loss like
All revenues XXXXX
Less: All expenses XXXXX
Net income or (net loss) XXXXX
But in the multi-step income statement, there are various steps like gross profit, operating income, non operating income, and finally, net income arrive
Therefore, the income statement is easy to make and easy to understand due to its simplicity
Answer:
It enhances the marketing scopes and magnifies to reach for a particular brand by attracting an increasing number of potential users
<span>meowner’s policy, installing smoke detectors helps to avoid risk. create risk. reduce risk. share risk.
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Retail items known for their unplanned purchases and, therefore, kept near the checkout counters, such as candy, chocolate, magazines, novelties, snacks.<span>
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Answer:
Investments in liquid securities, such as stocks, bonds, and derivatives, are not included in cash and equivalents.
Explanation:
Even though such things may be easily turned into cash typically with a three day settlement period, they are still excluded. The assets are listed as investments on the balance sheet.
