Income statement financial statement is prepared last. An income statement is a financial statement that lists the revenue and expenses of the company. Additionally, it displays a company's profit or loss over a specific time frame. You may better comprehend your company's financial situation by comparing the income statement to the balance sheet, cash flow statement, and cash flow forecast.
An income statement displays the revenues, costs, and profitability of a business over time. It is also sometimes referred to as an earnings statement or a profit-and-loss statement. One of the more crucial financial figures you might examine for a company is the income statement.
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Explanation:
The computation of accrued interest for each is shown below:
For Maple
= $23,000 × 10% × 40 days ÷ 360 days
= $255.56
The 40 days are counted from 9 days in November and 31 days in December month
For Wynam
= $19,000 × 9% × 18 days ÷ 360 days
= $855
The 18 days are taken from 18 days in December month
For Nahn
= $21,000 × 12% × 12 days ÷ 360 days
= $840
The 12 days are taken from 18 days in December month
Answer: The new divisor for the price-weighted index is 0.77982
Explanation:
Divisor = [(94 + 312/2 + 90) / [(94 + 312 + 90) / 3]
= 0.77982
Answer:
Exact flow time = 14.5 hours
Value added percentage of flow time = 0.0020
Explanation:
Exact Flow time is calculated as :
1 + 2+ 2+ 3+ 2+ 2+ 05+ 2 hours + [1.75 minutes / 60] hours = 14.50 hours
14.50 * 60 = 871.75 minutes
Value added percentage of flow time calculations :
1.75 minutes / 871.75 minutes = 0.0020 or 0.2%
Answer: The answer is A.
Explanation: The student was given admission to Oxnard University. and he was admitted unconditionally .