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Brilliant_brown [7]
3 years ago
13

Financial accounting should provide information that:_______.

Business
1 answer:
Helga [31]3 years ago
5 0

Answer:

The answer is d. tells about economic resources, claims to resources, and changes in resources and claims is useful to investors and creditors in making decisions.

Explanation:

Financial reporting at its core, is a "language". It ensures that the investors and all stakeholders are provided with relevant and accurate information regarding a business or an institution. So that they can take effective and efficient economic decisions that will eventually benefit the entire economy.

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Consumers are primarily price-driven when shopping on the internet.<br> a. true<br> b. false
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<span>How does Truth In Lending protect consumers when shopping for a loan

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8 0
4 years ago
In Year 8, Seda Corp. acquired 6,000 shares of its $1 par value common stock at $36 per share. During Year 9, Seda issued 3,000
Elena L [17]

Answer: Please see answer in explanation column

Explanation:

Using the  cost method,  treasury stock is credited for cost of the shares when it is reissued, while Cash is debited for amount received.  Also, additional paid-in capital from treasury stock  will be credited to show the difference.

journal entry to record the issuance of 3000 shares in year 9

Date             Account                        Debit                   Credit

Year 9      Cash (3,000x $50)          $150,000

Treasury stock (3,000x$36)                                       $108,000

Additional paid-in capital- treasury stock                   $42,000

( $150,000  -  108,000)

7 0
4 years ago
A company incurred the following costs: Selling and administrative expenses: $45,000; Direct materials: $15,000; Income tax expe
Westkost [7]

Answer:

$50,000

Explanation:

<em>Manufacturing cost is sum of direct material plus direct labour and manufacturing overhead</em>

Direct material is the cost of all materials directly consumed for production purpose.

Direct labour is the cost of labour hours used for directly for production purpose

Manufacturing cost = 15,000+30,000 + 5000

                              =$50,000

5 0
3 years ago
there are a number of things that you can do to protect yourself from falls in the workplace. These include using fall protectio
BigorU [14]

A Safety Data Sheet (SDS) includes information about use, handling, storage, and safety of chemicals that are used in various workplaces.

6 0
3 years ago
Harvey Rabbitt pays for monthly cable TV service. Last week, the cable company informed Harvey that his monthly cable price woul
Svetllana [295]

Answer:

There is an increase in the supply of cable TV service.

Explanation:

The reason is that the companies will now try to capture the market and make at least breakeven sales by giving excessive sales discouts offers. This move in the market due to increase in the number of the suppliers and bargaining power of customers will decrease the cost of the product and this decrease in prices would increase the demand of the product which will increase the supply of the cables.

8 0
3 years ago
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