Answer:
Certified Financial Statements including: Two-year audited Balance Sheet, audited Statement of Income and Audited Statement of Cash Flows both for Three-years.
Explanation:
Generally, the report expected from a public traded company (listed on the stock exchange and sells shares to the public) is called a 10-k.
A 10-K represents an annually filed comprehensive report showing the financial performance of an organisation as specified by the Security and Exchange Commission (SEC). The report which is prepared by the Management of the company should contain the following sub sections:
- Overview of the Business; Ownership etc.
- Risk Factors of the Business
- 5 years selected financial data
- Management Discussion and their analyses based on yearly operations
- Financial Statement and Supplementary Data: This must contain the Balance Sheet, The Statement of Income, Statement of Cashflow and then Supplmentary notes to the account. All audited and cetified true and fair by an independent external auditor
In a case whereby Julie's wages are an example of direct expenses for the production department.
<h3>What is a Direct Expense? </h3>
Direct expense serves as the expense which is in the same direction from changes in the volume of a cost object.
Hence, In a case whereby Julie's wages are an example of direct expenses for the production department.
CHECK THE COMPLETE QUESTION BELOW;
Julie works in the production department. Julie's wages are an example of ______ expenses for the production department.
Multiple choice question.
a. direct expenses
b. Indirect expenses
c.cost expenses
Learn more about the direct expenses at :
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Answer:
Parson would recognize an interest revenue of $1375
Explanation:
The quoted interest rate on bond is the annual rate of interest. The bond is for 3 months which means that the interest revenue will be recorded for the 3 months period from June to August and the bond will mature on 31 August.
The interest revenue to be be recorded on this note is,
Interest Revenue = 55000 * 0.1 * 3/12 = $1375
The entry to record the receipt of interest and face value will be,
Cash 56375
Interest revenue 1375
Bonds Receivable 55000
20 = 23+124 ? mab
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Answer:
In what ways was the economic prosperity of the 1920s genuine, and in what ways did this prosperity disguise serious economic problems?
Do you think most people perceived the underlying problems in the economy? Why or why not?
Explanation:
The factors which contributed to the counterfeit prosperity of the 1920s were the abundant availability of consumer goods; farmers bought plenty of land and farm equipment and produced a large amount of goods for market; the availability of credits and the stock market performance led the people to obtain higher standards of living and leisure time; President Herbert Hoover and other politicians declared that the economy was doing extremely well.
But people realized a dramatic change in the economy, when it went from this apparent prosperity to a severe depression between 1929 and 1932, with the stock market-black tuesday in Oct., 29, 1929, when the farmers-demand for food goes down after WWI, prices went down, farmers over produced, could not pay back loans and land was lost
; loans not paid back caused banks failed, people began spending less on consumer goods and personal income and debt-income gap between rich and poor increased.
