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Vsevolod [243]
3 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]3 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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The concept just-in-time (JIT) works well if a company works with lots of suppliers. It also helps avoid the breakdowns that occ
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Answer:

False

Explanation:

The just in time (JIT) system was developed by Toyota in order to decrease inventory costs and improve overall efficiency. Since a car manufacturer uses tens of thousands of different parts and supplies, they have a lot of suppliers and the JIT works perfectly for them. So the first part is true.

But the main disadvantage with JIT systems is that it increases stockout and breakdown risks. Since the whole process must work very smoothly, any disruption can cause a lot of problems.

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3 years ago
Which one of the following is unlikely to be an attractive and effective way to reduce the design, assembly, marketing, and othe
Jlenok [28]

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5 0
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Suppose an unexpected freeze in Florida destroys 20% of the Florida orange crop. Using supply and demand theory answer each of t
Sav [38]

Suppose an unexpected freeze in Florida destroys 20% of the Florida orange crop.-This results in the shift of the supply curve to the left resulting in an increase in the prices.

Explanation:

Suppose an unexpected freeze in Florida destroys 20% of the Florida orange crop.

a) What are the likely effects of the crop damage on Florida orange prices and output levels?

As a consequence of  the  unexpected freeze in Florida , the orange crops will get damaged. This will result in a decline in the supply of oranges in the market. Which will lead to a shift in the supply curve of orange to the left, resulting in an increase in the price of oranges, and a decline  in its output level or the quantity sold/supplied in the market

b) How will the freeze affect the equilibrium price of California oranges

Due to the unexpected freeze the supply curve of the California oranges will shift to the left,which will result in an increase in the price of the California  oranges(In this case the quantity demanded is more than the quantity supplied/sold)

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The amount of money you earn at your job, and the manner in which you receive that money, is called_____
77julia77 [94]
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