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Ludmilka [50]
4 years ago
15

A report that shows the financial picture of a company at a given time and itemizes assets, liabilities and stockholders' equity

is referred to as a:
a) profit and loss statement
b) expense report
c) budget report
d) income statement
e) balance sheet
Business
1 answer:
natta225 [31]4 years ago
3 0

Answer: e

Explanation :

A balance sheet is a statement of the financial position of a business that lists the assets, liabilities and owner's equity at a particular point in time. In other words, the balance sheet illustrates your business's net worth.

The balance sheet may also have details from previous years so you can do a back-to-back comparison of two consecutive years. This data will help you track your performance and will identify ways to build up your finances and see where you need to improve.

A balance sheet reports a company's assets, liabilities and shareholders' equity at a specific point in time, and provides a basis for computing rates of return and evaluating its capital structure . the balance sheet is divided into two sides (or sections). The left side of the balance sheet outlines all a company’s assets. On the right side, the balance sheet outlines the companies liabilities and shareholders’ equity. On either side, the main line items are generally classified by liquidity. More liquid accounts like Inventory, Cash, and Trades Payables are placed before illiquid accounts such as Plant, Property, and Equipment (PP&E) and Long-Term Debt. The assets and liabilities are also separated into two categories: current asset/liabilities and non-current (long-term) assets/liabilities.

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A corporate bond has a face value of $1,000 and a coupon rate of 9.5%. The bond matures in 12 years and has a current market pri
joja [24]

Answer:

5.71%

Explanation:

The after tax cost of debt=pretax cost of debt*(1-t)

where t is the tax rate of 35% or 0.35

pretax cost of debt=yield to maturity

The yield to maturity can be determined using rate formula in excel as below:

=rate(nper,pmt,-pv,fv)

nper is the number of coupon interest payable by the bonds i.e 12 coupons in 12 years

pmt is the annual coupon=$1000*9.5%=$95

pv is the current market price-flotation cost=$1,100-$48=$1052

fv is the face value of $1000

=rate(12,95,-1052,1000)=8.78%

After tax cost of debt=8.78% *(1-0.35)=5.71%

6 0
3 years ago
Suppose Marcus eats nothing but burritos for dinner. He buys 30 burritos each month. During the last couple of weeks, Marcus not
lisabon 2012 [21]

Answer:

Marcus can buy 25 burritos.

Explanation:

Giving the following information:

The price of burritos rose from $5.50 per burrito last month to $6.60 per burrito this month.

Assume that Marcus has a fixed income of $165 that he can spend on burritos.

<u>To calculate the number of burritos that Marcus can afford, we need to use the following formula:</u>

Quantity= total income / unitary cost

Q= 165/6.6

Q= 25 burritos

4 0
3 years ago
"Our workers are all under labor contracts; therefore, our labor rate variance is bound to be zero." Discuss.
ipn [44]

"Our workers are all under labor contracts; therefore, our labor rate variance is bound to be zero." : Several factors other than the contractual rate paid to workers can cause a labor rate variance. For example, skilled workers with high hourly rates of pay can be given duties that require little skill and that call for low hourly rates of pay, resulting in an unfavorable rate variance. Or unskilled or untrained workers can be assigned to tasks that should be filled by more skilled workers with higher rates of pay, resulting in a favorable rate variance. Unfavorable rate variances can also arise from overtime work at premium rates. What effect, if any, would be expected poor-quality materials to have on direct labor variances? 10-10. If poor quality materials create produced.

What are labor and example?

The definition of labor is physical or mental work or effort. An example of labor is studying hard for a test. An example of labor is a woman giving birth to a baby. Labor includes both physical and mental work undertaken for some monetary reward. In this way, workers working in factories, the services of doctors, advocates, ministers, officers, and teachers are all included in labor.

Labor represents the human factor in producing the goods and services of an economy. finding enough people with the right skills to meet increasing demand. This often results in rising wages in some industries.

learn more about labor here

brainly.com/question/453055

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3 0
2 years ago
cali wants to work on improving her money management skills. to start, she needs to gather financial records. what type of finan
dedylja [7]

One type of financial record that would most help her begin this process would be her bank statements.

What is financial record?
Financial records
are the official papers that document the transactions of a company, a person, or any other organisation. Companies keep financial records, such as income statements, balance sheets, cash flow statements, statements of retained earnings, and tax returns. An important sign of a successful business is the organisation of the financial records. Such a record is necessary to give stakeholders and Accutane financial information about a business or an individual in a clear and concise manner. To prepare financial statements or other record for financial reviews and audit, all relevant financial data must be available. In order to assist in the creation of financial records like assets and liabilities, general ledgers, and other supporting documents, books of accounts are also helpful.

To learn more about financial record
brainly.com/question/26240841
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5 0
1 year ago
Choose all that apply. The mortgage payment includes _____. taxes principal interest escrow PMI homeowner’s insurance
Mrrafil [7]

Answer:

taxes, principal interest, homeowner´s insurance.

Explanation:

Mortgage payments include four parts called PITI, Principal, which is the normal payment of the loan, or the payment needed that is debited to the loan, then the taxes, the interests, and the homeowners insurance, this 4 elements make up for the main monthly payments.

3 0
3 years ago
Read 2 more answers
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