Answer:
Financial statements are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to understand.
Explanation:
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Answer:
Interest = $5,834.67
Explanation:
In November 1, the note bears 12 month = 7%
From November 1 to December 31 = 2 month
Hence for 2 month Interest = 2 * 7/12(%) = 1.1667%
Thus, interest = $500,100 * 1.1667%
Interest = 5834.6667
Interest = $5,834.67 approximately.
Answer:
The correct answer is letter "A": business cycle fluctuations.
Explanation:
Cyclical unemployment refers to unemployment related to downturns in the economy. It tends to be temporary but the length depends on the level of contraction of the economy during a recession. This type of unemployment is typical of the natural increase and decrease cycle of a nation's growth.
Strategic business unit (SBU) is a division of the firm itself that can be managed and operated independently from other divisions.
<h3>What is strategic business unit (SBU)?</h3>
It is a business unit that runs independently and it is focused on a target or particular market.
- It is a big market that has its own various support functions that include training departments, hiring department.
Therefore, Strategic business unit (SBU) is a division of the firm itself that can be managed and operated independently from other divisions.
For more details on strategic business unit kindly check
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