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Reil [10]
3 years ago
10

Which financial statement shows a company's profits or losses over a period of time?

Business
1 answer:
fomenos3 years ago
6 0

The Profit and Loss Statement.

This shows profits and losses over a set period of time.

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Sharon is purchasing a food processor and has done extensive research on all the models available in the market. she is convince
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Sharon is in the "purchase decision and purchase act" <span>stage of consumer decision process.

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8 0
3 years ago
According to classical macroeconomic theory, changes in the money supply affect:a. variables measured in terms of money and vari
sweet [91]

Answer: The correct answer is " b. variables measured in terms of money but not variables measured in terms of quantities or relative price".

Explanation: According to classical macroeconomic theory, changes in the money supply affect variables measured in terms of money but not variables measured in terms of quantities or relative price.

6 0
3 years ago
There are more corporations in this country than any other business structure.<br> OTrue<br> O False
Ket [755]
It would be false, Shareholders in a corporation are legally considered partial owners of the corporation.
6 0
3 years ago
Read 2 more answers
Jones and smith share the same cuvical in the officce. Jones loves to listen to music on his speakers while working. Smith is no
Talja [164]

Answer:

A. that my answers

Explanation:

Jones and smith share the same cuvical in the officce. Jones loves to listen to music on his speakers while working. Smith is not able to concentrate on his work in the presence of music. Jones recieves benefits worth $200 regardless of whether he listen to music on his speakers or headphones. The cost of headphones is $50. SMith is not abke to conecentrate on his work and suffers damages worth $350 when Jones listens to music without his headphones. Smith does not suffer any damages when Jones listens to music on his headphones.

Suppose the office does not have any rules against listening to music on speakers while working. In thisâ case, if Jones and Smith do notâ communicate, the market outcome is that:

a. Jones continues to listen to music on his speakers; therefore, Smith is not able to concentrate on his work

b. Jones continues to listen to music on his speakers; however, Smith is able to concentrate on his work

c. Jones starts listening to music on headphones; therefore, Smith is able to concentrate on his work

d. Jones stops listening to music on his speakers; therefore, Smith is able to concentrate on his work

4 0
2 years ago
Read 2 more answers
Given the following information and assuming beginning inventory was zero and a periodic inventory system was used, what is the
aivan3 [116]

Answer:

A.  $650 $750 $677

Explanation:

period                 purchases                            sales

1                        20 units at $50                15 units at $60

2                       35 units at $40                35 units at $45

3                       85 units at $30                85 units at $35

total revenue = $900 + $1,575 + $2,975 = $5,450

COGS:

  • using FIFO = (15 x $50) + (5 x $50) + (30 x $40) + (5 x $40) + (80 x $30) = $4,800
  • using LIFO = (15 x $50) + (35 x $40) + (85 x $30) = $4,700
  • cost average = ($4,950 / 140 units) x 135 units = $4,773.21

Gross profit:

  • using LIFO = $5,450 - $4,800 = $650
  • using FIFO = $5,450 - $4,700 = $750
  • using cost average = $5,450 - $4,773.21 = $676.79 ≈ $677
4 0
3 years ago
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