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2 years ago

How many of the following items are found on the balance sheet, rather than the income statement?

Business

1 answer:

hjlf2 years ago

8 0

Answer:

B) Six of these items are found on the balance sheet.

Explanation:

Six items fall under assets or liabilities or share capital, which only appear in the balance sheet rather than income statement.

The items are the following;

Accounts receivable

Accrued payable

cash

Plant and equipment

Marketable securities

Retained earnings

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Firm A and Firm B join to create Firm AB. This is an example of: a tender offer. an acquisition of stock. an acquisition of asse

klio [65]

Firm A and Firm B join to create Firm AB. This is an example of a consolidation

Consolidation :

Business consolidation is a combination of several business units or companies into a single, larger organization. The reasons behind consolidation include operational efficiency, eliminating competition, and getting access to new markets.

What is the process of consolidation?

Consolidation processes consist of the assembly of smaller objects into a single product in order to achieve a desired geometry, structure, or property. These processes rely on the application of mechanical, chemical, or thermal energy to effect consolidation and achieve bonding between objects

What is financial consolidation?

Financial consolidation is the process of combining financial data from several departments or business entities within an organization, usually for reporting purposes. To consolidate is to join things together.

Merger :

A merger is an agreement that unites two existing companies into one new company. There are several types of mergers and also several reasons why companies complete mergers. Mergers and acquisitions (M&A) are commonly done to expand a company's reach, expand into new segments, or gain market share.

Learn more about acquisition of stock :

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1 year ago

Fern motors is offering a rebate on cars purchased this month. this activity involves the ____ ingredient of the marketing mix.

saveliy_v [14]

Answer:

Pricing

Explanation:

4 ingredients of marketing mix are Pricing, Product, Place and Promotion(the 4Ps).

Pricing- is for determining the value that is put on a product including rebates. Deciding the correct intrinsic value of a product puts a lot of factors into consideration like the target market, the consumer willingness to pay, whether it is sufficient enough for the company to make a profit out of it.

Product - answers the what; the actually good or service being offered for sale.

Place- answers the where; the location of product so customers can buy it.

Promotion- any activities to inform the target market that the product exist, how to use it etc. this includes advertisement, word of mouth among others.

6 0

2 years ago

Collusion is A. necessary for firms to raise money by borrowing from investors or from banks in order to fund research and devel

grigory [225]

Answer:

The correct answer is the option C: an agreement among firms to charge the same price or otherwise not to compete.

Explanation:

To begin with, the name of "collusion" refers to an economy concept that focus on the situation where two or more companies decide to work together ilegally by taking a same strategy such as pricing the goods with a same amount so in that order the limit or at least intent to restrict the competion so in that way those firms can keep a piece of the market for themselves. It is consider ilegally in the countries because it is an disadvantage for the competition.

4 0

2 years ago

Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Deter

Digiron [165]

Date Activities Units Acquired at Cost Units Sold at Retail

May 1 Beginning Inventory 150 units at $10.00

5 Purchase 220 units at $12.00

10 Sales 140 units at $20.00

15 Purchase 100 units at $13.00

24 Sales 90 units at $21.0

Answer:

Value of closing inventory =$1290

Explanation:

Under the LIFO inventory system units of inventory are priced using the price of the most recent batch purchased and this continues in turn.

The value of closing inventory = Total cost of inventory available for sales - cost of goods sold

The cost of inventory sold would be determined as follows:

140 units :140 × $12=1,680

90 units : 90× $13 = 1,170

Total cost of goods = 1,680 + 1,170 = 2,850

Total cost of inventory available for sales would be equal to :

(150 × $10.00) + (220 ×$12.00) = 4,140

The value of closing inventory = Total cost of inventory available for sales - cost of goods sold

4,140 - 2,850 = $1290

Value of closing inventory =$1290

7 0

2 years ago

5. Calculating tax incidence Suppose that the U.S. government decides to charge cola consumers a tax. Before the tax, 40 billion

vazorg [7]

Answer:

The amount of tax on a case of Cola is ;

= Selling price - Producer gain

= 6 - 2

= $4

The burden that falls on consumers is;

= Current selling price - Previous selling price

= 6 - 5

= $1

The burden that falls on the producers is;

= Selling price less consumer tax - Producer gain

= 5 - 2

= $3

The effect of the tax on the quantity sold would have been larger if the tax had been levied on producers. FALSE.

Whether the tax is on the producer or on the consumer makes no difference because the quantity sold will be the same. The statement is therefore false.

4 0

2 years ago