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Degger [83]
3 years ago
14

The balance sheet identifies the productive resources (assets) that a firm uses to generate income, as well as the sources of fu

nding from creditors (liabilities) and owners (shareholders' equity) that were used to buy the assets.A) TrueB) False
Business
1 answer:
docker41 [41]3 years ago
5 0

Answer:

A) True

Explanation:

The Balance Sheet is a snapshot of the financial situation of a company at the end of the accountable period. It shows which productive resources (assets) the company has for the development of its activities and how they are financed. Assets can be financed by external (Obligation with creditors – Liabilities) or internal sources (Issuing equity shares - Shareholders' equity). As every Asset must be financed either or both with Liabilities or Shareholders' equity, in the Balance Sheet, the accountable equation is represented.

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3 years ago
In periods of low demand, companies can use direct marketing to target ________ customers and produce quick results.
KiRa [710]

There are different types of marketing.  In periods of low demand, companies can use direct marketing to target known customers and produce quick results.

Direct marketing is simply known to be a form of advertising that focus on targets of a person or company so as to generate new business, raise the profile of an organization or product and for sale.

This type of marketing channel are  emails, online adverts, flyers, database marketing, promotional letters, newspapers, etc.

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3 0
2 years ago
​Midtown, Inc. had the following transactions in​ 2018, its first year of​ operations: bullet Issued​ 31,000 shares of common st
Anna007 [38]

Answer:

The stockholders' equity is $6,90,000.

Explanation:

<u>Calculating the Total stockholders' equity:</u>

Total stockholders equity = Beginning stock equity + Net income

Total stockholders equity = (31,000 * 20) + 70,000

Total stockholders equity = 6,20,000 + 70,000

Total stockholders equity = $6,90,000

3 0
3 years ago
The past five monthly returns for Kohl’s are 3.54 percent, 3.62 percent, −1.68 percent, 9.25 percent, and −2.56 percent. Compute
luda_lava [24]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

6 0
3 years ago
The market value balance sheet for Cherry Pie Corp. reflects a cash of $22,000, fixed assets of $209,000, and equity of $231,000
Blizzard [7]

Answer:

The correct answer is D.

Explanation:

Equity = $231,000

No. of outstanding shares = 5,000

Price of share = \frac{231,000}{5000}

Price of share = $46.2

Repurchased shares worth $18,000

No. of shares repurchased = \frac{18,000}{46.2}

No. of shares repurchased = 390

When the shares would have been repurchased then the value of equity would decrease by the same amount.

Revised equity = $231,000 - $18,000

Revised equity = $213,000

No. of shares outstanding = 5,000 - 390

No. of shares outstanding = 4,610

Thus, the price of each share would be:

Share price = \frac{213,000}{4,610}

Share price = $42.60

8 0
3 years ago
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