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Vsevolod [243]
2 years ago
8

A report that shows the financial picture of a company at a given time and itemizes assets, liabilities, and stockholders' equit

y is referred to as a(n) ___________:1. Profit and loss statement2. balance sheet3. expense report4. income statement 5. budget report
Business
1 answer:
Allisa [31]2 years ago
6 0

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.

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In early 2018 businesses bought more inventory, increasing GDP. What would happen
puteri [66]

Answer:

If a company increases its final goods inventory level, that will increase the country's GDP even if the goods are not sold during the current period (they will be sold in future periods). Increases in inventory level are considered part of Investment component of the GDP.

If the inventories are not sold during the year (2018) and if they continue to be  unsold during part of 2019, that will negatively affect the GDP because fewer goods will be purchased to replenish these inventories and the market price of the goods will also decrease. The market price of goods is determined by the supply and demand. If the supply is much higher than the demand and inventories start to pile up, their price will decrease in order to increase the quantity demanded. If the volume of the goods in inventory is significant enough, this should lower the inflation rate.

4 0
2 years ago
Suppose selected comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet da
grandymaker [24]

Answer:

Profit margin = net profit / total sales = $78 / $5,200 = 1.5%  

Asset turnover = total sales / average total assets = $5,200 / ($2,990 + $3,510) = 1.6

Return on assets = net income / average total assets = $78 / $3,250 = 2.4%  

Return on common stockholders’ equity =  net income / average stockholders' equity = $78 / ($992 + $1,031) = 7.71%  

Gross profit rate = gross profit / total sales = $1,716 / $5,200 = 33%

3 0
3 years ago
You are writing a report about new regulations that affect your company. Your primary audience of company executives is very bus
german

Answer:

D. Break your report into modules and put highly detailed information in an appendix.

Explanation:

According to the question above, it is observed that when writing the report on new regulations that affect your company, the main objective is to reach the executives, who are busy and will read your report quickly, so the ideal is that the report is written with highly detailed information in an appendix and the report is divided into modules, with the aim of executives to access the most important information and the parts that most interest them more quickly.

Therefore, the report must be complete and contain all information about the subject in question, as it should also reach members of the secondary and tertiary public, they will probably read more slowly and carefully.

3 0
3 years ago
How do I know if I have enough money to buy a Kate spade bag?
masya89 [10]
Check the price of the bag and see if it is equal to the money you have collected
3 0
3 years ago
TP5. <br> LO 7.2How might service industries predict revenue?
dalvyx [7]

Answer:

Budgeting, forecasting and planning

Explanation:

Service industries uses budgeting, which includes expected sales  and operational cost, to forecast, plan and predict revenue. With regards to forecasting; historical or past company data are used to make sound prediction.

5 0
3 years ago
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