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Aleks [24]
3 years ago
11

The financial statement that shows the state of the firms assets, liabilities and owners equity on a specific date is called:

Business
1 answer:
fgiga [73]3 years ago
8 0
It is a balance sheet.
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In which ways can goals be classified
Sonja [21]

Answer: It says goals can be classified as : futuristic,psychological, or educational (then ) , recreational , occupational, or personal

this is the correct answer

Explanation:

8 0
3 years ago
Record the following transactions of Fronke’s Fashions in a general journal assuming that they use the periodic system.
Mrrafil [7]

Explanation:

The Journal entry is given below:-

1. Purchase Dr,                       $1,280

         To cash                                      $1,280

(being merchandise is purchased)

2. Cash Dr,                                 $115

         To Purchase return                    $115

(Being merchandise is returned)

3. Purchase Dr,                           $668

    Freight In Dr,                          $43

           To Account payable                 $771

(being Purchase on credit)

4. Account payable                     $50

            To Purchase return                   $50

(Being purchase return is recorded)

5. Account payable                      $661

         To cash                                         $661

(Being cash is paid)

3 0
3 years ago
Some managers set long-term goals and define strategies to achieve them. These are
Katarina [22]

Some managers set long-term goals and define strategies to achieve them. These are top level managers.

<h3>Top-level management comprises:</h3>
  • CEO
  • Director of Operations
  • Information Director
  • Administrative Director
  • Senior Executive
<h3 /><h3>Roles of top-level managers:</h3>

They exercise company governance, that is, they direct organizational systems in order to achieve the objectives and goals established for a company to be well positioned and profitable in the market.

Therefore, the top management of a company must be composed of visionary leaders who adapt to internal and external business conditions, seeking the best solutions for the business demand.

Find out more information about top-level managers here:

brainly.com/question/7151206

6 0
2 years ago
If interest rates in general were to fall, 1. the prices of existing bonds would rise 2. the prices of existing bonds would fall
IRINA_888 [86]

Answer:

1. the prices of existing bonds would rise

Explanation:

General Interest rates and price of a bond are inversely related. The market interest rate also reflects an investors expected rate of return also referred to as yield to maturity i.e YTM.

Mathematically, price of a bond is the present value of it's future stream of coupon payments as well as principal repayments discounted at investors expected rate of return i.e YTM.

So, when market interest rates fall in general, this would lead to a rise in the price of bonds as general interest rates represent yield to maturity.  

7 0
3 years ago
An office building is which type of resource?
MakcuM [25]
It would be an informative resource
4 0
3 years ago
Read 2 more answers
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