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
miss Akunina [59]
3 years ago
12

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.

You might be interested in
If the government wants to expand aggregate demand, it can ________ government purchases or ________ taxes.
Jobisdone [24]

If the government wants to expand aggregate demand, it can "rebate" government purchases or "cut" taxes.

<h3>What is aggregate demand?</h3>

The total quantity of demand for all finished products and services generated in an economy is measured as aggregate demand.

Some characteristics of aggregate demand are-

  • The total amount of money spent on those goods and services at a particular price level and time is known as aggregate demand.
  • The correlation between output and all prices can be seen on an aggregate demand curve.
  • In the end, the aggregate demand curve slopes downward because it predicts a fall in real gross domestic product (GDP) as prices rise.
  • Consumer spending, investment spending, government spending, and the difference between exports and imports are all added together to determine aggregate demand.
  • When one of these variables changes but the overall supply stays unchanged, aggregate demand will alter.

To know more about the aggregate demand and aggregate supply model, here

brainly.com/question/16952735

#SPJ4

3 0
2 years ago
What are specialist shops​
weeeeeb [17]
A shop that sells one type of thing
6 0
3 years ago
A strategic vision for a company__________
tatuchka [14]

Answer:

e. describes "where we are going" by delineating the course and direction management has charted for the company's future product-customer-market-technology focus.

Explanation:

The vision is how the company will shape the future. How is going to be in term of culture, place in the market and consumer view of the brand.

It is the idealistic foundation of the firm. Is the goal as pure as it can be.

Later, with mision and objective it will break down into smaller part to reach that greater the vision entails

8 0
3 years ago
The architects of the bretton woods agreement built limited flexibility into the fixed exchange rate system in order to:
Katena32 [7]
To correct avoid high unemployment, one of the measures done by the architects of Bretton woods is to agree on building a limited flexibility into the fixed exchange rate system. In addition, it was stated in the argument that the rules and regulations of the monetary management between the U.S., Canada, Western Europe, Australia, and Japan must be systematically established.
7 0
4 years ago
On January 1, 2020, Korsak, Inc. established a stock appreciation rights plan for its executives. It entitled them to receive ca
kykrilka [37]

Answer:

$570,000

Explanation:

Missing question: <em>"On December 31, 2022,50,000 SARs are exercised by executives. What amount of compensation expense should Korsak recognize for the year ended December 31, 2020"</em>

Amount of compensation expense = [(33-20)*120,000*3/4] - [(30-20)*120,000*2/4]

Amount of compensation expense = [13*120,000*3/4] - [10*120,000*2/4]

Amount of compensation expense = 1,170,000 - 600,000

Amount of compensation expense = $570,000

So. the amount of compensation expense that Korsak should recognize for the year ended December 31, 2020 is $570,000.

8 0
3 years ago
Other questions:
  • The classification and normal balance of the accounts payable account are a.revenue, credit balance b.asset, credit balance c.ow
    6·1 answer
  • _____ exists because people's wants for goods and services are greater than the number of products that can be made from availab
    8·1 answer
  • You have saved​ $120,000 for your child to attend college. If it is in an account earning an annual rate of​ 8%, how much can yo
    14·1 answer
  • According to the information provided in english 120, why might a subject encyclopedia be useful to start a research project?
    11·1 answer
  • In the workplace leaders at every level in every department are important if the company is going to suceed. True or False
    13·1 answer
  • Select all the statements that are true about Secondary Markets only.
    5·1 answer
  • A bank has the following balance sheet: SETS RETURN % MILLION $ LIABILITIES COST % MILLION $ Cash 0.00 35 Fixed-rate Deposits 3.
    8·1 answer
  • The market segment that is the focus of a firm’s marketing plan is the
    14·1 answer
  • If the scale of a single producer is small relative to the demand for an undifferentiated good, the market structure of the prod
    8·1 answer
  • Lynch Company manufactures and sells a single product. The following costs were incurred during the company's first year of oper
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!