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inessss [21]
3 years ago
10

What is the income statement?

Business
1 answer:
Mariana [72]3 years ago
8 0

Answer:

The answer is explained below:

Explanation:

An income statement is used for reporting thhe financial performance over an accounting period.  

The other two statements are  cash flows and balance sheet.  Income statement is also called revenue and expense statement.  It mainly focuses on a company's revenues and expenses during a particular period.  It is important part of a company's performance reports.

A balance sheet only gives a glimpse of a company's financial but income statement tells  the company's income in a particular time period.

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During World War II, both Germany and England had plans for a paper weapon: they each printed the other's currency, with the int
Katarina [22]

Answer:

Relative prices would become more variable.

Menu and shoeleather costs would rise.

Hyperinflation could undermine the public's confidence in the economy.

Explanation:

The first reason that would make this to be effective is the hyperinflation that it will create and this is very bad for the economy as too much money will be chasing fewer goods.

Examples of what the effect of a paper money would be include: extreme hyperinflation can reduce the confidence of the public in the economy and economic policy; variability of the relative price between the countries will rise; shoeleather and menu costs will rise; it will result in an arbitrary change in tax liability; the level of uncertainty in the economy will rise and there will be an arbitrary wealth redistribution.

it should be noted this action would not deny the government seigniorage revenue from the inflation that would follow as the public will get the money dropped by the foreign airplanes.

3 0
3 years ago
Why do some people consider mutual funds a more convenient investment than stocks or bonds?
MAXImum [283]
I think because in a mutual they both gain and invest but on their own its too much
4 0
3 years ago
Read 2 more answers
Coatney Incorporated has provided the following data for the month of October. There were no beginning inventories; consequently
PilotLPTM [1.2K]

Answer:

$33,410

Explanation:

The computation of Ending finished goods inventory after allocation of underapplied or overapplied manufacturing overhead is shown below:-

Ending finished goods inventory after allocation of overapplied manufacturing overhead

= (Total of finished goods - (Manufacturing overhead applied of finished goods ÷ Total of Manufacturing overhead applied) × Overapplied amount

= ($34,530 - ($6,240 ÷ $39,000) × $7,000)

= $34,530 - $1,120

= $33,410

4 0
3 years ago
As the marketing manager, you know the product (s) has to be right. The PC industry is competitive, lifecycles are short, and th
Nookie1986 [14]

Answer:

no answer

hmm i dont get it

3 0
2 years ago
The expected return on the market portfolio is 18%. The risk-free rate is 10%. The expected return on SDA Corp. common stock is
svlad2 [7]

Answer:

The answer is SDA Corp stocks alpha is -1.75%

Explanation:

CAPM E(r_{SDA}) = 10 + 1.25(17 - 10) =

                         = 10 + 1.25(7)=

                         = 10 + 8.75

                          = 18.75%

\alpha_Sda = 17 - 18.75

         = -1.75%

8 0
3 years ago
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