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Anna11 [10]
3 years ago
12

Interim financial statements: are always prepared before any adjustments have been recorded. show the assets above the liabiliti

es and the liabilities above the equity. cover less than one year, usually spanning one-, three-, or six-month periods. report revenues when incurred and expenses when earned.
Business
1 answer:
prisoha [69]3 years ago
4 0

Answer:

cover less than one year, usually spanning one-, three-, or six-month periods

Explanation:

Interim financial statements: Interim financial statements are those statements that are prepared for less than one year. It can be made monthly, quarterly, half-yearly or yearly. But its duration is less than one year. It is used to give updated information which can change the investor's decision in a future period.  

It includes all types of statements like balance sheet, income statement, cash flow statement. These statements are not audited and mostly it is prepared in publicly held companies.

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Firms are often involve in different kinds of trade. Freer trade, advances in information technology, and more global customers are pressuring many large global companies to shift from functional structures to geographically based divisionalized structures.

There are great advances in information technology (IT). Firms often get benefits of free trade in IT as they are able to expand their business into other different new areas with less effective charges.

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7 0
2 years ago
The welding department supplies parts to the final assembly line. Management decides to implement a kanban system and has collec
const2013 [10]

Answer:

25 containers

Explanation:

The computation of the number of kanban containers required is shown below:

= (Lead time demand + Safety stock) ÷ Container size

where,

Lead time demand is

= 2,000 units × 4 days

= 8,000 units

Container size = 400 units

Safety Stock is

= 1 day × 2,000 units

= 2,000 units

So, the number of kanban containers required is

= (8,000 units + 2,000 units) ÷ (400 units)

= 25 containers

We simply applied the above formula

6 0
3 years ago
The Presley Corporation is about to go public. It currently has aftertax earnings of $6,500,000, and 3,000,000 shares are owned
m_a_m_a [10]

Answer:A. Net proceed $13,700,000

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C. Earnings per share $1.76

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8 0
3 years ago
Type the correct answer in the box. Spell all words correctly. Modern Internet services help businesses provide timely customer
Ainat [17]

Answer:SMS/Messages

Explanation:

Inservices allows users to send an recive text messages.

3 0
2 years ago
Conservatives and liberals have very different views on healthcare reform. A news station places a story featuring the conservat
Aliun [14]
A. Bias by placement, because bias by labeling would be something to the effect of calling the liberals point of view  uneducated, or giving there view some negative label, bias by omission would mean completely ignoring the other side, and not covering it at all, whereas all the other ones don't really fit, bias by placement is something to the effect of airing one side in the morning, while everyone is watching, and airing the other one after everyone is asleep, which is what is done here, which we know by the sentence "<span>liberal point of view at the end."</span>
3 0
3 years ago
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