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4 years ago

Which of the following is prepared first? A. Balance sheet B. Income statement C. Statement of owner’s equity D. Trial balance

1 answer:

7 0

The income statement is prepared first. The income statement i<span>s a financial statement that reports the company's financial performance (profit and loss) over a specific accounting period. It describes how the business incurs its revenues and expenses, and it is also referred as </span>profit and loss statement (P&L). With help of this report management knows if the business made money during the period reported.

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Heather is an HR specialist at McCoy Manufacturing, where she is responsible for making sure HR policies and transactions delive

il63 [147K]

Answer: An operational executor

Explanation: The skills of an operational executor tend to lie within the range of human resource activities mostly characterized as transactional. They execute the operational aspects of managing people and organizations. That is, they are responsible for making sure human resource policies and transactions deliver results on a company wide basis by acquiring, developing, motivating, and deploying human resources where and when needed. Policies are required to be drafted, adapted, and implemented; while efficiently satisfying the administrative needs of employees through technology, shared services, or outsourcing etc. This leads to the constant application of organizational policies when done properly.

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3 years ago

What's the main reason a person becomes a supervisor

andrezito [222]

They wanna be nosy and monitor everything you do

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3 years ago

Read 2 more answers

First Financial Auto Loan Department wishes to know the payment required at the first of each month on a $10,500, 48-month, 11%

julia-pushkina [17]

Answer:

First Financial would divide the $10,500 loan by the present value of annuity due of 1.

The correct answer is C

Explanation:

Present value of annuity formula is used for determining the amount of loan payment. Since the payments will be made at the beginning of each month, we will apply the formula for present value of annuity due. In order to determine the amount of monthly payment, we will divide the principal by the present value of annuity due of 1.

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3 years ago

Any effort by the Federal Trade Commission (FTC) to evaluate expected deceptive marketing practices would be seriously flawed be

Llana [10]

Answer:

True

Explanation:

This is true because the Federal Trade commission(FTC) analyze and investigate a seller or sellers who may be so cooperative as to make agreements that ensure large amounts of profit for them which is likely harmful and exploitative to consumers . FTC investigates business mergers which may be horizontal or vertical that are likely done for the purpose of increasing market share and fostering a sort of monopoly of the market. However, mergers and cooperation among businesses in the market do not always yield a monopoly and the FTC may be wrong(sometimes) to wave mergers that could increase the quality of goods or services in a market

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3 years ago

A U.S. bank has £120 million in loans to corporate customers and has £70 million in deposits it owes to customers with the same

postnew [5]

Answer:

£30 million

Explanation:

Banks net exposure serves as the the money currently owned by the bank.

Credit to bank;

Loans to corporate customers is bank's money since customers will repay the loan back to the bank even with interest = £120 million

Total credit owned by the bank =

£120 million

Debit;

Deposit owned to customers = £70 million (It is customers money not bank's)

Money sold forward by bank is also going out of banks pocket (debit) =£20 million

Total debt owned by bank = £70 million+£20 million = £90 million

Bank's net exposure = Total credit - debt owned by bank

Banks net exposure = £120 million - £90 million

= £30 million

6 0

3 years ago