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3 years ago

A Statement of Financial Position is a formal statement presenting the three accounting elements which are?

Business

1 answer:

RSB [31]3 years ago

4 0

The financial statement called the Statement of Financial Position is also known as the Balance Sheet.

The three accounting elements that are included on this statement are the Assets, Liabilities and Owner’s Equity.

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Theodore and janice have formed tj soft, an entrepreneurial venture to develop games and other kinds of software for consumers.

jeka94

The answer is "demographic component".

Population change results from the cooperation of demographic components: birth, demise and relocation. Along these lines, demography manages the point by point investigation of the three segments. With the estimation of such segments, different parts of the populace are broke down and deciphered. It designs and execute different advancement exercises. Birth, demise and movement are called demographic components, and additionally the deciding components of populace change since they influence the circumstance of the populace. In this way, the measure of the populace depends for the most part upon birth, passing and relocation.

5 0

3 years ago

Discount Travel has the following current assets: cash, $102 million; receivables, $94 million; inventory, $182 million; and oth

BARSIC [14]

Answer:

The current ratio is 2.98

Explanation:

total current assets = cash + receivables + inventory + other current assets

= $102 million + 94 million + 182 million + 18 million

= $396 million

total current liabilities = accounts payable + current portion of long term debt

= $98 million + $35 million

= $133 million

current ratio = current assets/current liabilities

= [$396 million]/[$133 million]

= 2.98

Therefore, The current ratio is 2.98

6 0

3 years ago

When a DSS is built, used successfully and integrated into the company's business processes, it was most likely built for a(n)

IRINA_888 [86]

Answer:

recurrent decision

Explanation:

In such a scenario, it was most likely built for a recurrent decision. This is because a DSS stands for a decision support system and is an information system that supports organizational decision making as well as many business activities in order to allow a company to improve the overall quality, reliability, and efficiency of their work through recurrent decisions.

6 0

4 years ago

Your parents will retire in 14 years. They currently have $290,000, and they think they will need $1 million at retirement. What

SVETLANKA909090 [29]

Answer:

Explanation:

This problem is easily solved through a financial calculator.

Just plug into your calculator N=14 PV=290,000 FV= -1,000,000 i=??

You're welcome! Give me brainliest homie!!

#JmackTheInstructor

4 0

3 years ago

Philadelphia Company has the following information for March:

Liula [17]

Answer:

a. Manufacturing margin $

Sales 450,000

Less: Fixed manufacturing cost 70,000

Manufacturing margin 380,000

b, Contribution margin $

Sales 450,000

Less: variable costs:

Variable cost of goods sold 240,000

Variable selling and administrative expenses 52,000

Contribution margin 158,000

c. Income from operations $

Contribution margin 158,000

Less: Fixed manufacturing cost 70,000

Fixed selling and administrative expenses 35,000

Income from operations 53,000

Explanation:

Manufacturing margin is the excess of sales over fixed manufacturing cost.

Contribution margin is the excess of sales over total variable costs.

Income from operation is the excess of contribution margin over total fixed costs.

4 0

3 years ago