Answer:
The correct answer would be option A, Some companies develop mission statements simply because owners or the top management believe it is fashionable to do so rather than out of any real commitment.
Explanation:
The Mission Statement of a company is the formal summary of its aims, goals, objectives and values of the organization. Mission statement for every company is very important as it defines the goals of the company and gives a path to achieve those goals. It cannot be the case that top management just write it because it is fashionable to do so. Rather companies professionally formulate their mission statements in order to get themselves on track.
A financial coach is someone that helps their clients with the basics of money management. They help their clients develop secure, healthy money habits that will last. To become a financial cost, one would need to have worked directly with clients and completely understand their needs, know how to address their concerns, and recommend plans to them in a way that makes them feel comfortable. They must work well with numbers, and have good math skills.
Answer:
D. An unclassified balance sheet is one whose items are broadly grouped into assets, liabilities, and equity.
Explanation:
A balance sheet can be defined as a financial statement used in reporting an organization's assets, capital, liabilities, debt and equity at a specific period of time.
An unclassified balance sheet is one whose items are broadly grouped into assets, liabilities, and equity.
This ultimately implies that, an unclassified balance sheet is typically used to report an organization's assets, liabilities and equity without separating or grouping them into specific classes (sub-classification of assets, liabilities or equity). Therefore, the financial items are only listed in an order of liquidity with their total.
An unclassified balance sheet is mainly used by small businesses and for internal reporting of financial items.
Answer:
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Explanation:
ask any question or queries not other things
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Answer:
$ 180
Explanation:
Net capital spending = fixed assets at the end of the year - fixed assets at the beginning of the year + depreciation = $ 730 - $ 600 + $ 50 = $ 180
Net capital spending is the amount a firm used to acquire fixed assets during the year.