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Degger [83]
2 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]2 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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Answer:

19

Explanation:

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6 0
3 years ago
13. Once a firm decides to enter an industry and chooses a market in which to compete, it must gain an understanding of its comp
Irina18 [472]

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Strategic analysis refers to the process of conducting research on a company and its operating environment within which its operates to formulate a strategy. Strategic analysis helps define a strategy that will help stand out from the competitors and to also remain competitive. Another important function of strategic analysis is the prediction of future events and the planning of an alternative approach if the first fail to deliver.

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2 years ago
What’s the answer cuh
ivann1987 [24]

Answer:

D

Explanation:

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