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Radda [10]
4 years ago
15

The information provided by financial reporting pertains to ­­­­­­­­­­__________.a. individual business enterprises, rather than

to industries or an economy as a whole or to members of society as consumersb. business industries, rather than to individual enterprises or an economy as a whole or to members of society as consumersc. individual business enterprises, industries, and an economy as a whole, rather than to members of society as consumersd. an economy as a whole and to members of society as consumers, rather than to individual enterprises or industries
Business
1 answer:
pshichka [43]4 years ago
7 0

Answer:

The correct answer is letter "A": individual business enterprises, rather than to industries or an economy as a whole or to members of society as consumers.

Explanation:

Financial Reporting is the disclosure of the financial information of a company given an accounting period <em>exclusively to its stakeholders</em>. The information provided is helpful to make them aware of what the economic and financial situation of the firm is and how it has changed between one period.

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As a preferred stockholder, you are entitled to numerous preferences and privileges over common stockholders. If you are a prefe
Kobotan [32]

Answer:

asset distribution preference

Explanation:

In such a situation the preference or privilege that would be best for you is known as asset distribution preference or liquidation preference. This is a clause that dictates that the payout in case of a corporate liquidation (such as when they are about to go bankrupt) must first go to the preferred stockholders in order for them to get their money back first. Therefore, since you are a preferred stockholder this would be the biggest privilege for you, allowing you to recover your money quickly and move on to something else.

6 0
4 years ago
Michael Jordan purchases (long) 10 shares of XYZ stock for 23.00 per share. Six months from now he will sell all 10 shares. The
melamori03 [73]

Answer:

a) Breakeven price = Purchase price + Interest amount that would have been earned on the invested amount

Breakeven price = 23 + [23*e^(0.05*1/2) - 23]

Breakeven price = 23 + 0.5822477721

Breakeven price = $23.5822477721

b) Profit = Selling price - Breakeven price

Profit = $23.80 - $23.5822477721

Profit = $0.2177522279 per share

3 0
3 years ago
Croissants Corporation and Donuts Company transfer their assets to Edibles Inc., which manages the assets and distributes the pr
sergejj [24]

Answer:

Edibles Inc.

This arrangement whereby Croissants Corporation and Donuts Company transfer their assets to Edibles Inc. is called:

d. a business trust.

Explanation:

Edibles Inc., as a trustee, carries out business transactions on behalf of Croissants Corporation and Donuts Company, who are regarded as the trust's members (or beneficiaries).  It is a formal structure that safeguards an entity's assets against creditors and ensures that the business is professionally run in line with accepted practices.

5 0
3 years ago
Hello please help ! (; <br><br><br> taxes are used for which of the following?
Art [367]

Answer:

Your answer is D. All of the above

Explanation:

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4 years ago
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