1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stiv31 [10]
4 years ago
5

The purpose of a balance sheet is to report the ______.

Business
1 answer:
bagirrra123 [75]4 years ago
3 0

Answer:

c. financial position of a business at a particular point in time

Explanation:

A balance sheet is a financial statement that shows the financial position of a business at a particular point in time. It lists the assets, liabilities, and owner's equity.

I hope my answer helps you

You might be interested in
Scientists have modified feed corn genetically, increasing its resistance to insect pests. Farmers who tried out the genetically
frosja888 [35]

Answer:

D) Whether most of the farmers who tried the genetically modified corn last season applied more insecticide than was actually necessary

Explanation:

In order to evaluate this argument, we must first determine the cost equation for corn farmers:

profit = revenue from corn - total costs of producing corn

the total costs of producing corn include coth the price of seeds and pesticide.

Since the price of the seeds is much higher, it can only be offset if the amount of pesticide used was lower. But did the farmers that participated in the research study used the correct amount of pesticide during the last years would be crucial to determining the real impact of the new genetically modified seeds. If the farmers used too much pesticide in the previous years just in case, would mean that the actual use of pesticide should have been less and the costs increase when using the new seeds.

4 0
3 years ago
Select the correct answer. What is a SWoT analysis?
Ipatiy [6.2K]

Answer:

B

Explanation:

SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. SWOT analysis (or SWOT matrix) is a strategic planning technique used to help a person or organization identify strengths, weaknesses, opportunities, and threats related to business competition or project planning.

5 0
3 years ago
A trade union representing workers in particular job categories acts as a(n) ____________ when it attempts to influence policy.
Sveta_85 [38]
The trade union acts as AN INTEREST GROUP. An interest group refers to a group of people that seeks to influence public policy on the basis of a specific common concern or interest. An interest group can fall under one of two categories which are economic and non-economic interest groups.
7 0
4 years ago
Prepare a bank reconciliation: ABC Enterprises gathered the following information prior to reconciling their cash balance per bo
lozanna [386]

Answer: ADJUSTED CASH BALANCE PER BOOK as of January 31, 2018 is  A) $7,950

Explanation:

ABC Enterprises reconciled cash balance per books (internal accounting records as of January 31, 2018.

Cash balance as per company book      $7,500

Add:

Notes receivable collected by bank         $1000

Deduct:

NSF check                                                    $500

Bank service charge                                    $50

Adjusted Book Balance                             $7,950

7 0
3 years ago
Puvo, Inc., manufactures a single product in which variable manufacturing overhead is assigned on the basis of standard direct l
gizmo_the_mogwai [7]

Answer:

Manufacturing overhead rate variance= $5,404 favorable

Explanation:

Giving the following information:

Variable manufacturing overhead 0.5 hours $4.00 per hour

During March, 2,800 direct labor-hours were worked.

Variable manufacturing overhead costs during March totaled $5,800.

To calculate the variable overhead rate variance, we need to use the following formula:

Manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Actual rate= 5,800/2,800= $2.07

Manufacturing overhead rate variance= (4 - 2.07)*2,800

Manufacturing overhead rate variance= $5,404 favorable

8 0
3 years ago
Other questions:
  • Successful bridging requires a fundamental reformulation of the problem such that the parties are no longer squabbling over thei
    15·1 answer
  • HURRY NEED ANSWER ASAP which feature of a GUI browser allows you to list URL's that you use often
    8·2 answers
  • Athena Company provides employee health insurance that costs $15,100 per month. In addition, the company contributes an amount e
    7·1 answer
  • Shawnee Motors Inc. assembles and sells MP3 players. The company began operations on August 1 and operated at 100% of capacity d
    13·1 answer
  • 11. If a dealer bought 20,000 shares of stock at $25 per shares, then sold 5,000 of them at 25.50 per share and 15,000 of them a
    6·1 answer
  • Orchard has forecast sales to be $132,000 in February, $135,000 in March, $156,000 in April, and $148,000 in May. The average co
    14·1 answer
  • At the end of the first month of operations, the Lamar Company's accountant prepared financial statements that showed the follow
    7·1 answer
  • Parents, friends, and family members are resources who can
    7·1 answer
  • A major stockholder of a corporation is most likely to be a(n) ________ in the initial sale of securities who also has power ove
    6·1 answer
  • Cash flows from operating activities differs from net income because it does not use the of accounting. For example, revenues ar
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!