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vekshin1
4 years ago
5

A profit-and-loss statement is a financial document that shows a company's income and expenses. T/F

Business
2 answers:
Oxana [17]4 years ago
7 0
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

The statement "<span>A profit-and-loss statement is a financial document that shows a company's income and expenses." is true</span>
noname [10]4 years ago
5 0

Answer:

True, according to Oddysseyware

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Marin Inc. manufactures cycling equipment. Recently, the vice president of operations of the company has requested construction
sveticcg [70]

Answer:

Price of the bond is $2,605,941

Explanation:

Price of the bond is the present value of all cash flows of the bond. These cash flows include the coupon payment and the maturity payment of the bond.

According to given data

Face value of the bond is $3,021,900

Coupon payment = C = $3,021,900 x 10% = $302,190 annually = $151,095 semiannually

Number of periods = n = 15 years x 2 = 30 period

Market Rate = 12% annually = 6% semiannually

Price of the bond is calculated by following formula:

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond = $151,095 x [ ( 1 - ( 1 + 6% )^-30 ) / 6% ] + [ 3,021,900 / ( 1 + 6% )^30 ]

Price of the Bond = $151,095 x [ ( 1 - ( 1 + 6% )^-30 ) / 6% ] + [ 3,021,900 / ( 1 + 6% )^30 ]

Price of the Bond = $2,079,797.2 + $526,143.4 = $2,605,940.6

7 0
4 years ago
Internet recruiting can limit the fairness in hiring because: a. individuals from lower socioeconomic groups mostly have limited
Kaylis [27]

Answer:

D. Excludes retirees who are interested in seeking new employment opportunities

Explanation:

Internal recruitment is the process by which an organization fills a job vacancy by hiring someone from the existing workforce. It is a cheaper method, the firm is familiar with the employee, thus less risk and the employee is also familiar with the firm, hence no induction training required.

Since only those who are already working are the only ones who would be eligible under internal recruitment, retirees will not be a part of the pool of potential workers, even if they may be possessing better skills and experience.

3 0
4 years ago
A common size income statement:_______.
yulyashka [42]

Answer:

The correct answer is letter "B": expresses items as a percentage of net sales.

Explanation:

A Common Size Income Statement reflects a percentage of net sales for each account. Common size income statements are basic tools that a business owner may use to compare the performance of his company to rivals or to compare the company to industry averages. Each line in this type of income statement is displayed as a percentage of revenue or sales and the amounts are compared to past performances which allow to observe the different values easily.

7 0
4 years ago
People who invest in a corporation by purchasing stock are known as ______________.
Vilka [71]

Answer:

they are known as shareholders

7 0
3 years ago
The owners equity in a business amounted to $56,000 at the beginning of the year and $100,000 at the end of the year. the owner
natta225 [31]
Net income = revenue - expenses.

The revenue was $100,000 + $19,000 = $119,000
Expenses was $56,000

$119,000 - $56,000 = $63,000 


The net income is $63,000.
4 0
3 years ago
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