Financial statements can be prepared : b. may be prepared more than once a year; c. may have a fiscal year end other than December 31.
<h3>What is financial statement?</h3>
Financial statement help to summarize the financial position of a business and it as well help to show the day to day transaction of a company or day to day activities of a business at a particular period of time.
Financial statement of a company can be prepared more that once in a year and financial statement may tend to have fiscal year end that is other than last month of the year which is 31st December.
Therefore Financial statements can be prepared : b. may be prepared more than once a year; c. may have a fiscal year end other than December 31.
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The complete question is:
Financial statements ______. (Select all that apply.)
a. must have a calendar year end of December 31
b. may be prepared more than once a year
c. may have a fiscal year end other than December 31
d. are prepared just once a year
Answer:
B. In considering our costs, we need to include what we could have earned by working at part-time jobs instead.
Explanation:
When the group of college students include, in their analysis of costs, what they could have earned by working at part-time jobs instead, they are including the opportunity cost.
The opportunity cost is what is given up to do something: the cost of not choosing an alternative.
Including opportunity costs in their cost-benefit analysis reveals sound economic thinking.
Answer: The correct answer is the center of gravity approach.
Explanation: The center of gravity approach is a distance-based method for location alternatives evaluation. This method is an approach that seeks to compute geographic coordinates for a potential single new facility that will minimize costs.
I say it would be B. Raise taxes
Answer:
$20,900 times the present value of a 5-year, 11% ordinary annuity of 1’
Explanation:
For computing the required initial investment we considered the following information
Withdrawn amount = $20,900
Time period = 5 years
Rate of interest = 11%
in mathematically,
= Withdrawn amount × Present value of a 5-year, 11% ordinary annuity of 1’
By this formula we can get the required initial investment
