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Eddi Din [679]
3 years ago
5

Three major areas of concern when providing financial information to the larger investing community are language, currency, and

the ________ on which financial statements are based.
Business
1 answer:
Arte-miy333 [17]3 years ago
7 0

Answer:

The correct answer is letter "B": exchange rates.

Explanation:

Financial Statements are a picture of the company's financial health for a given period of time at a given point in time. The Financial Statements provide a collection of data about a company's financial performance, its current conditions and its cash flows.

When providing the Financial Statements to investors, the <em>language, currency, </em>and <em>exchange rate </em>of the transactions of the firm are the main areas that concern the potential stockholders.

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The financial statement that shows the state of the firms assets, liabilities and owners equity on a specific date is called:
fgiga [73]
It is a balance sheet.
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3 years ago
Why is it important to understand money behavior is 80% and you have with your money and 20% is knowledge
musickatia [10]

Answer:

because it is always good to have money and understand and then save it and spend it wisely

Explanation:

7 0
3 years ago
You find that the bid and ask prices for a stock are $14.25 and $15.45, respectively. If you purchase or sell the stock, you mus
Nezavi [6.7K]

Answer:

$180

Explanation:

The bid price of a stock is $14.25

The ask-price of a stock is $15.45

A flat commission of $30 must be paid in the stock

100 shares of stock are bought

Therefore, the total implied and actual transaction costs can be calculated as follows

= Commission+(ask price-bid price)×number of shares

= 30×2+($15.45-$14.25)×100

= 60+ 1.2×100

= 60+120

= $180

Hence the total implied and actual transaction cost is $180

6 0
3 years ago
What does it mean to be "in the black?"
11Alexandr11 [23.1K]

Answer:  Option d

   

Explanation: Using the word "black" refers to the profit margins of a corporation and existing financial health. A corporation seems to have been in the black when it is financially viable or, more explicitly, if after taking account for all expenditures, the business generates positive income.

The phrase has origins in the past of accounting where accountants manually checked financial information in their records before hardware and software were used.

Accountants used various colored inks— both black and red — to indicate the productivity of a product. Unlike a black business, in the red is seen as one of with unfavorable results or unprofitable.

5 0
3 years ago
Read 2 more answers
A publisher prints copies of a popular weekly tabloid for distribution and sale. The fixed costs are $500 per print run, with ea
Hatshy [7]

Answer:

500 + 0.40q

Explanation:

A publisher prints copies of a popular weekly tabloid for distribution and sale.

Given that,

Fixed costs = $500 per print run

Variable cost = $0.40

Therefore, the cost function is as follows:

Let the number of copies printed be q,

Cost function: C(q) = Fixed cost + Variable cost

                               = 500 + (0.40 × q)

                               = 500 + 0.40q

3 0
3 years ago
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