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3 years ago

The finance balance sheet is:

Business

2 answers:

Stella [2.4K]3 years ago

7 0

Answer:

The same as accounting balance sheet, but it is based on market values.

Explanation:

A balance sheet is a financial statement that shows the financial status of an organization as of a certain period of time. The statement shows what an organization owns which is known as assets and how much debt the organization owes (liabilities). It also shows the amount that have been invested in the business (equity).

Liabilities and net worth that is found on the balance sheet represent the organization source of income. Liabilities and net worth are made up of creditors and investors who have once provided cash to the organization in the past. Being a source of income, they enable the organization to continue to stay in business or expand operations to different areas.

Katarina [22]3 years ago

3 0

Answer:

a. the same as the accounting balance sheet, but it is based on market values.

Explanation:

A balance sheet is a financial statement that is often termed a "snapshot" of the assets, liabilities and owner's equity of a company at a particular moment in time

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Business employees calculate that the expense to produce an additional cell phone is $50. Monetarily amount represents a _____

Y_Kistochka [10]

C. Marginal Cost

Marginal cost is the <em>additional </em>cost to produce each unit of a good.

6 0

3 years ago

A stadium sold 4000 tickets at 75$/ticket, 5350 tickets at 62$/ticket and, 7542 tickets at 49$/ticket. What was the total ticket

bixtya [17]

Answer:

4000x70=280000

5350x62=331700

7542x49=369558

add that all up to get $981258

Hope this helps!

6 0

3 years ago

On January 1, DogMart Company purchased a two-year liability insurance policy for $32400 cash. The purchase was recorded to Prep

aleksley [76]

Answer: $1,350

Explanation:

The insurance is for 2 years but has to be apportioned monthly on account of the Accrual basis in Accounting where expenses will only be recognized when they are incurred.

The expense to be recorded for the first month will therefore be:

= 32,400 / 24 months

= $1,350

4 0

3 years ago

Managers organize information about a given job by performing a job analysis to determine the following with regard to that job:

Law Incorporation [45]

Answer:

All of the above.

Explanation:

Job analysis is when manager uses information available as a criteria for determining attributes required to perform a job.

In job analysis, information is made available to managers to know which employee is best suited for a particular role. It is also used to measure the capacity of employees whether they are being under or over utilized.

For effective job redistribution, job analysis is best recommended because it describes the work of current employee, working conditions and necessary educational certifications. Skills needed to perform on a role are also part of what is being considered in job analysis.

5 0

3 years ago

A company calculated the predetermined overhead based on an estimated overhead of $70,000, and the activity for the cost driver

Ivenika [448]

Answer:

$68,600

Explanation:

Activity Based Overhead Rates = Estimated Overhead / Expected Use of Cost Drivers per Activity (Hours)

Activity Based Overhead Rates = $70,000 / 2,500

Activity Based Overhead Rates = $28

Overhead Assigned = Overhead Rate * Hours Utilized

Product A Overhead Assigned = $28 * 1,350 hours

Product A Overhead Assigned = $37,800

Product B Overhead Assigned = $28 * 1,100 hours

Product B Overhead Assigned = $30,800

Total Overhead Assigned = Product A Overhead Assigned + Product B Overhead Assigned

Total Overhead Assigned = $37,800 + $30,800

Total Overhead Assigned = $68,600

5 0

3 years ago