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
Ksju [112]
3 years ago
14

A firm's ________ reports the profit or loss for the firm over a specified time period.

Business
1 answer:
gladu [14]3 years ago
7 0
The answer is : a. income statement

A firm's income statement will calculate all of the firm's Earning and deduct it with all of the firm's expenditure.

If the results is a surplus, then the firm gain a profit. If it's a deficit, it means that the firm experience a loss.

This income statement usually renewed every year
You might be interested in
You find the following financial information about a company: net working capital = $1,005; fixed assets = $6,025; total assets
hichkok12 [17]

Answer:

$6,021

Explanation:

The computation of the company's total liabilities is shown below:-

Current Assets = Total Assets - Fixed Assets

= $8,510 - $6,025

= $2,485

Current Liabilities = Current Assets - Net Working Capital

= $2,485 - $1,005

= $1,480

Total Liabilities = Long-Term Debt + Current Liabilities

= $4,541 + $1,480

= $6,021

6 0
3 years ago
Let S(x) denote "x obeys the speed limit," where the domain is the set of all drivers. Express the negation of the proposition "
Ira Lisetskai [31]

Answer:

Using Quantifiers: ¬∃x¬S(x)≡ ∀xS(x)

English Language: All drivers obey the speed limit

Explanation:

The domain is the set of all drivers i.e. the domain of drivers

Let S(x) be the predicate “x obeys the speed limit.”

The above statement can be written as ∃x¬S(x),

The negation is represented by ¬∃x¬S(x)≡ ∀xS(x)

In English Language, it is ->, all drivers obey the speed limit

8 0
3 years ago
the country of doomsville is currently in a recession. the government of doomsville, in an effort to maintain its tax revenues i
harina [27]

Answer:

This policy would likely make Doomsville's recession worse.

Explanation:

Hope this helps, Have a great morning/night! :D

6 0
3 years ago
The business sectors identified in QUESTION 1.3.1
emmainna [20.7K]

Explanation:

poor network , poor electircity

4 0
3 years ago
Under MACRS, the salvage value ____ is
tankabanditka [31]

Answer:

C. Ignored

Explanation:

Marcs is a tax depreciation system that helps to determine the actual cost of an asset by depreciating it yearly. There are many aspects of this technique that allows recovering the cost basis of various assets. In MACRS salvage value is completely ignored. This technique allows the measurement of the cost of an asset by completely ignoring the salvage value.

5 0
3 years ago
Other questions:
  • Budgeted depreciation expense would not appear on a:
    13·1 answer
  • Which of the following types of business usuallly has the fastest invetory turn over ?
    11·1 answer
  • How should Kane work with the salespeople to introduce the change?
    10·1 answer
  • Which function would you use to change the appearance of data in a cell from decimal to percentage?
    15·2 answers
  • Which of the following statements are correct concerning yield-to-maturity (YTM)?
    11·1 answer
  • Sovereign immunity:
    10·1 answer
  • Suppose the market for hamburgers is unregulated. That is, hamburger prices are free to adjust based on the forces of supply and
    11·1 answer
  • How are dividends and dividends payable reported in the financial statements prepared at december 31
    13·1 answer
  • Bloomfield Bakers accounts for its investment in Clor Confectionary under the equity method. Bloomfield carried the Clor investm
    9·1 answer
  • For accounting purposes, postdated checks (checks payable in the future) are considered to be
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!