1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elan Coil [88]
3 years ago
15

A yearly statement of the financial condition, progress, and expectations of an organization

Business
2 answers:
prohojiy [21]3 years ago
5 0

This is an annual report.

An annual report is a report that is given or done yearly for the financial condition or progress of an organization.

kogti [31]3 years ago
5 0

This is a report for annual assessments.

You might be interested in
What is the term used to describe the linking of key product or service requirements to process capabilities?
Igoryamba

Answer:

Product or service profiling.

Explanation:

Product or service profiling is the term used to describe the linking of key product or service requirements to process capabilities.

Generally, most organizations and business owners use the product or service profiling strategy to enhance consistency through the identification of their key services or product line and as such are avail the opportunity to select the appropriate process, procedures and techniques to achieve their goals and objectives successfully.

3 0
2 years ago
Eaton Tires manufactures tires for dune buggies and has two different products, nubby tires and smooth tires. The company produc
saw5 [17]

Answer:

Materials handling= $60 per requisition

Machine setups= $110 per setup

Quality inspections= $95 per inspection

Explanation:

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

<u></u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Materials handling= 60,000/1,000= $60 per requisition

Machine setups= 55,000/500= $110 per setup

Quality inspections= 57,000/600= $95 per inspection

4 0
3 years ago
Aces, Inc., a manufacturer of tennis rackets, began operations this year. The company produced 6,000 rackets and sold 4,900. At
SVETLANKA909090 [29]

Answer:

$165,500

Explanation:

Given that,

Sales (4,900 × $90) = $ 441,000

Cost of goods sold (4,900 × $38) = 186,200

Gross margin = $ 254,800

Selling and administrative expenses = $75,000

Net income = $ 179,800

Production costs per tennis racket total = $38

Variable production cost = $25

Fixed production cost = $13

Units produced = 6,000

Contribution margin:

= Sales - Variable production costs

= $441,000 - (4,900 × 25)

= $441,000 - $122,500

= $318,500

Fixed costs = Fixed production costs + Selling and administrative expenses

                   = ($13 × 6,000) + $75,000

                   = $78,000 + $75,000

                   = $153,000

Net income under variable costing:

= Contribution margin - Fixed costs

= $318,500 - $153,000

= $165,500

8 0
3 years ago
Since commercial finance companies offer loans to higher-risk customers than commercial banks, the interest rates they charge ar
Bas_tet [7]

Answer:

The correct answer is (A)

Explanation:

Commercial finance is another way to generate funds, but they come with certain drawbacks compared to commercial banks. Commercial finance usually give loans to customers who are interested in more risky investments.  The interest they charge is usually higher which can only be paid if a client invests in riskier investments to earn higher returns.

3 0
3 years ago
Judy Olsen, Kristy Johnston, and their mother, Joyce Johnston, owned seventy-eight acres of real estate property on Eagle Creek
Neporo4naja [7]

Yes , Judy and Kristy have an enforceable binding contract

Explanation:

Kristy Johnston, Judy Olsen, and Joyce Johnston, their mother, owned real estate as common buyers. After Joyce died, she left Kristy her one-third share in the house. Kristy sent Judy a letter in 2009 promising Judy to purchase or sell Judy's share in the property.  

Judy accepted the sale bid from Kristy. Kristy then tried to refuse Judy's approval and to cancel her bid for sale. Judy lodged a Kristy lawsuit.

The court granted the summary judgment to Judy finding that a contract had been drawn up between the letters exchanged between Judy and Kristy which satisfied the frauds ' status. The Supreme Court ruled that the district court decided out that an enforceable arrangement was established by exchanging letters from the parties.

4 0
3 years ago
Other questions:
  • Assume that the Assembly Department allocates overhead based on machine hours, and the Finishing Department allocates overhead b
    11·1 answer
  • Caliber Corp. currently pays no dividends because it requires its internally generated funds be used to fund a research intensiv
    14·1 answer
  • Dextra Computing sells merchandise for $20,000 cash on September 30 (cost of merchandise is $12,000). The sales tax law requires
    7·1 answer
  • Joe is an accountant and plans to join a group of accountants. he compares a group in a general partnership with a group in a li
    10·2 answers
  • The following T-account is a summary of the Cash account of Cuellar Company.
    9·1 answer
  • To help maintain a competitive advantage, the emphasis for most companies is on _____.
    14·1 answer
  • Thomas Company uses the weighted-average method in its process costing system. The first processing department, the Welding Depa
    13·1 answer
  • Christina purchased 500 shares of stock at a price of $62.30 a share and sold the shares for $64.25 each. She also received $738
    8·1 answer
  • Please i need help with this !!
    13·1 answer
  • By automating its shop floor, your company expects to save $54,000 annually. If the automation costs $450,000, what is the payba
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!