Answer:
Balance sheet is the correct answer because it tells about the worth of company, its assets, shareholders funds (Equity) and amount borrowed by the company (Liability). Balance sheet is also known as Statement of Financial Position (SOFP)
All the other options tells about the earnings and costs of the company not about the assets and liabilities of the company.
Answer:
The amount of depreciation expense the lessee should record for the first year of the lease is $108,000
Explanation:
To calculate the depreciation expense for each year the first thing you have to do is to substruct from the initial value the fair value at the end fo the lease, obtaining this way the depreciable amount.
For this case it would be:
$810,000 - $270,000= $540,000
Then you have to divide the depreciable amount by the years of the term the lease.
$540,000/5= $108,000
Answer:
35.09%
Explanation:
Data provided as per the question
Gross profit on sales = $3,053,000
Sales = $8,700,000
The computation of gross profit in percentage is as shown below:-
= Gross profit on sales ÷ Sales
= $3,053,000 ÷ $8,700,000
= 35.09%
Therefore, for computing the gross profit in percentage we simply divide the gross profit with sales.
Answer:
E.match its core competencies.
Explanation:
The Mayo Clinic in Minnesota is known for top-quality medical care and focusing its efforts on satisfying customer needs that match its core competencies.
every organization has is desire goals and vision.
the goals and vision of Mayo clinic is satisfying customer need which made them provide all the social amenities and medical equipment and infrastructure needed for quality treatment of patient.
with this core competencies : its makes then increase and advance there there establishment to other countries.
Answer:
good stuff
Explanation:
people these days (including me sometimes) put more energy into bad things and negative things .and its partly social media's fault.
