Answer:
only the results of the business' activities
Explanation:
balance sheet is among the three main financial statements prepared by a corporation. It reports the financial positions of the business by showing the value of assets, liabilities, and the shareholder's equity at any point in time. Therefore, a balance sheet shows the net worth of the corporation.
The preparation of the balance sheet follows the accounting equation of assets equals liabilities plus shareholder equity. On one side, the balance sheet reports the assets and liabilities and equity on the other. In other words, the balance sheets indicate how the assets of a business are financed. It does not report on the personal activities of business owners.
Answer:
$91,100
Explanation:
Calculation to determine the total cost of merchandise purchased
Using this formula
Total cost of merchandise purchased = Invoice cost of merchandise purchases + Cost of transportation in - Purchase returns and allowances - Purchase discount
Let plug in the formula
Total cost of merchandise purchased= $100,000 + $500 - $400 - $9,000
Total cost of merchandise purchased= $91,100
Therefore the total cost of merchandise purchased is $91,100
The value of item is determined by its utility to the person who is purchasing it. If an item has high utility, then consumers are willing to pay more and will value the product more. If an item has low utility, it will not be very valuable to the person. People value items differently. the old saying that one's man's trash is another's treasure holds true here.
Yes, "management" is still relevant as a course of study today.
Management is one of the most relevant course offered by an educational establishment such as a university. The course polishes the skills of student and enlighten them on how to be useful in management of a company.
- <em>Business Administration</em>, <em>Business Management, Management Studies, Commerce, Hospital Management, Hospitality Management </em>are examples course that falls under the umbrella of Management
- Auditors, Accountants, Revenue officers are examples employee who learnt the management course.
In conclusion, studying a management course in a country will employment opportunities makes its easy for a student to get a job.
Learn more about this here
<em>brainly.com/question/24227339</em>