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Ahat [919]
3 years ago
5

Select the correct answer. Ashley is a finance executive. She has gathered all the data from different departments regarding the

finances expended as well as earned in the process of selling a product. She needs to prepare an income statement. How should she start preparing the income statement? A. show the COGS first B. show the operating profit first C. show the sales revenue first D. show the administrative expenses first
Business
1 answer:
mrs_skeptik [129]3 years ago
7 0

Answer:

Ashley is a finance executive. She has gathered all the data from different departments regarding the finances expended as well as earned in the process of selling a product. She needs to prepare an income statement. How should she start preparing the income statement?

show the sales revenue first

Explanation:

The sales revenue shown reflects the income accrued during the cause of sales and this comes first during income statement preparation

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Which of the training professionals' roles do you believe is the most difficult to learn? Which is the easiest?
RoseWind [281]

Answer and explanation:

There are several roles trainers could adopt while handling trainee groups but the most important are: <em>instructional designer, technical writer, </em>and <em>needs analyst</em>. From the three of them being a needs analyst could represent the most challenging because it implies collecting information of different individuals to identify what they are lacking and based on that information collect data that can be useful for their learning process.

On the other hand, being a technical writer could be the easiest since professional trainers manage their field of study. They tend to portrait their knowledge in written documents using technical terminology suiting it to the audience they are going to work with.

7 0
3 years ago
Please provide at least 3 similarities and 3 differences between insurance companies and depository institutions both in terms o
Galina-37 [17]

Answer:

Explanation:

I will be starting with the similarities first. 3 of the similarities both of them share are

1) They both have a financial leverage that is quite high

2) they both can be subjected to national oversight as regards to their balance sheet quality.

3) they both are institutions that accepts funds and also gives out funds to finance commercial firms

Moving on to the differences, differences that exists between both includes

1) Insurance companies can are invest in stock markets but depository institutions do not have that leverage.

2) Insurance companies do not have fixed composition of liabilities, while depository institutions have.

3)

3 0
3 years ago
Which agricultural system trapped many southern blacks in a cycle of debt and poverty despite their hard work?
Citrus2011 [14]

Answer:

sharecropping

Explanation:

Sharecropping is a system of tenancy agriculture . In it a landowner gives a portion of his land to  a labour for the purpose of raising crop . In return , he gets a share of crop raised by him for free.

After the civil war , former slaves were in search of jobs . Due to depression and absence of credit system ,they went into this deal of sharecropping with whites . They also borrowed heavily for getting seeds and fertilizer. Landlords charged high interest rate for that which led them to debt-trap. Landowner also put condition like selling the yield on  their condition  at pre-specified cheap price.

7 0
3 years ago
3) Compute the annual allowable depreciation using the straight line method for a machine that costs $86,000 to purchase and $7,
iren [92.7K]

Answer:

$14,333.33

Explanation:

Depreciation is the systematic allocation of the cost of an asset to P/l as a measure of use. It is added over the years as accumulated depreciation which is deducted from cost to get the net book value of the asset. Salvage value is the estimated realizable cost of an asset after its useful life.

Depreciation = (cost - salvage value)/useful life

Cost of an asset includes all cost incurred to make the asset available for use.

Depreciation = ($86000 + $7000 - $5000)/6

= $88000/6

= $14,333.33

7 0
3 years ago
Compare the words spice and police.How are they alike?How are they different?
Charra [1.4K]
They’re both have ice in the words they’re both nouns
Sorry I don’t know how they’re different maybe (the police is a person/or a group of people ) and a spice is a thing used for food
3 0
3 years ago
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