Financial statements can be prepared : b. may be prepared more than once a year; c. may have a fiscal year end other than December 31.
<h3>What is financial statement?</h3>
Financial statement help to summarize the financial position of a business and it as well help to show the day to day transaction of a company or day to day activities of a business at a particular period of time.
Financial statement of a company can be prepared more that once in a year and financial statement may tend to have fiscal year end that is other than last month of the year which is 31st December.
Therefore Financial statements can be prepared : b. may be prepared more than once a year; c. may have a fiscal year end other than December 31.
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The complete question is:
Financial statements ______. (Select all that apply.)
a. must have a calendar year end of December 31
b. may be prepared more than once a year
c. may have a fiscal year end other than December 31
d. are prepared just once a year
To increase competition in business.
Answer:
$5,382
Explanation:
both property taxes and mortgage interests are tax deductible if Kara decides to itemize her deductions:
her total reduction in federal income taxes will be = ($11,940 + $6,000) x 30% = $5,382
by itemizing her deductions Kara will save = ($11,940 + $6,000) - $12,200 standard deduction = $5,740 x 30% = $1,722
Answer:
5.21%
Explanation:
14.1% or 14.1/100 = +0.141 (gain)
4.8% or 4.8/100 = -0.048 (loss)
7.2% or 7.2/100 = +0.072 (gain)
Firstly, we will add 1 to each annual return
1st year = 0.141 + 1 = 1.141..................R1
2nd year = -0.048 + 1 = 0.952.........R2
3rd year = 0.072 + 1 = 1.072.............R3
Now, we need to calculate the combined percent
(R1*R2*R3)^n
. n =3
(1.141*0.952*1.072)^(1/3)
= 1.164440704 ^ (1/3)
= 1.05205665
Annualized average rate of return = Combined % - 1
= 1.05205665- 1
= 0.05205665
= 0.05205665 * 100
= 5.205665%
= 5.21%
So, required annual average rate of return over the three years is 5.21%
Answer:
all publics have their own special needs and require different types of communication
Explanation:
To effectively communicate with a public, it is important to recognize that all publics have their own special needs and require different types of communication