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Rasek [7]
4 years ago
8

The recurring steps performed each reporting period in preparing financial statements, starting with analyzing and recording tra

nsactions in the journal and continuing through the post-closing trial balance, is referred to as the___:

Business
1 answer:
Ne4ueva [31]4 years ago
3 0

Answer:

Accounting Cycle

Explanation:

The accounting cycle includes the steps taken from transaction to recording of these transaction and preparation of annual financial statement and closing of books is known as accounting cycle. These are the tasks that are repetitive and the management follow all these steps to present a financial statement presents a true and fair picture of financial stance of the organization.

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Will give brainliest
xeze [42]

Answer:

Avoid, because if we study we legit don't have time to take stress so for me it is stress.

Mark as brainliest plssss for u i answered this question...

7 0
3 years ago
The IRR rule states that firms should accept any project offering an internal rate of return in excess of the cost of capitalA.
gtnhenbr [62]

Answer:

A. True

Explanation:

Internal rate of return abbreviated as  IRR, is a capital budgeting technique used to evaluate the profitability of a potential project or an investment. In calculating the IRR,  the net present value of the project's cash inflows is set at zero.  Getting the actual value of the IRR is through trial and error, or specially programmed software.

IRR shows the growth rate a project or an investment is expected to generate. The higher the value, the better. As a rule, only projects whose IRR is greater than the minimum required rate of return should be accepted. The required rate of return is the same as the cost of capital for the project.

6 0
3 years ago
Campbell a single taxpayer, has $400,000 of profits from her general store that she operates as a sole proprietorship. She has $
ella [17]

Answer:

A) $80,000

Explanation:

According to the Internal Revenue Service (IRS), the deduction would be claim as a lower value of 20% qualified business income plus 20% of real investment or 20% of taxable income less net capital gains

So, 20% qualified business income = $400,000 × 20% = $80,000

And, the 20% of taxable income = $500,000 × 20% = $100,000

So, the lower value would be $80,000

8 0
3 years ago
Analysis reveals that a company had a net increase in cash of $22.420 for the current year. Net cash provided by operating activ
antoniya [11.8K]

Answer: 4,840

Explanation: Analysis reveals that a company had a net increase in cash of $22,310 for the current year.

Therefore,

The year-end cash balance -  the beginning cash balance = $22,310

The beginning cash balance = The year-end cash balance - $22,310

The year-end cash balance is $27,150

The beginning cash balance =  $27,150 - $22,310 = $4,840

8 0
3 years ago
Which of the following outcomes is not a direct result of a market​ analysis?
uranmaximum [27]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

below are the choices that should accompanied your question above the answer is D. 

<span>a. corporate responses to changes in the business environment
b. assessment of competitors strengths
c. identification of customer needs
d. development of core competencies</span>
8 0
3 years ago
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