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bagirrra123 [75]
3 years ago
15

The balance sheet is a financial statement that measures the flow of funds into and out of various accounts over time, whereas t

he income statement measures the financial position of the firm at a specific point in time.A. TrueB. False
Business
1 answer:
vitfil [10]3 years ago
8 0

Answer:

True

Explanation:

Balance sheet is the financial report of an organization that includes investments, liabilities, assets wealth, overall debt, etc. during a given time.

The income statement is one of the company's financial statements that indicates the company's profits and expenditures for a specific period of time. This shows how the profits are converted into net revenue or net income.

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Which of the following is NOT a requirement for becoming a police officer?
My name is Ann [436]
All of these answers are correct under a certain circumstance. The only one with the 'its a matter of previous records' is D) Graduation from a police training program. I am not 100% sure this is correct, but it's the one thing that some police forces don't require.
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3 years ago
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Why do we have elections when the president could just pass it on to another person?
leonid [27]
Because America is a democracy, so it is up to the people to determine who will govern them
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3 years ago
Renee paid $4,000 in mortgage interest on a $110,000 mortgage that was taken out when she bought her home several years ago. She
ruslelena [56]

Answer:

The amount that is deductible as interest expense for Renee in 2021 is:

= $4,000.

Explanation:

a) Data:

Home mortgage - $110,000

Interest on home mortgage = $4,000

Home equity loan for a cruise around the world = $130,000

Interest on the home equity loan = $8,000

Deductible interest expense for Renee in 2021 is $4,000

b) Usually, the interest expenses that a taxpayer pays on her home equity loan to enjoy a cruise around the world, on personal credit card, on automobile loan, and on other types of personal consumer finance interests are not tax-deductible.

4 0
3 years ago
Pentagon FGHJK is similar to pentagon MPQST what is the value of x
melamori03 [73]

If pentagon F G H J K is similar to pentagon M P Q S T the value of x is: 13.5.

<h3>Pentagon</h3>

Pentagon F G H J K=Pentagon M P Q S T

F K/ M T=J H/S R

Where:

F K=6cm

M T=9cm

J H=9cm

S R=x

Hence:

6/9=9/x

Cross multiply

6x=81

Divide both side by 6x

x=81/6

x=13.5

Inconclusion if pentagon F G H J K is similar to pentagon M P Q S T the value of x is: 13.5.

Learn more about pentagon here:brainly.com/question/858867

8 0
2 years ago
Theresa Teutul was an executive with Digital Industries, a leading manufacturer of color televisions. She recognized that the co
vladimir1956 [14]

Answer:

The options for this question are the following:

a. Star

b. Cash Cow

c. Question Mark

d. Dog

e. None of these

The correct answer is b. Cash Cow .

Explanation:

The cash cow is a metaphor for a cash cow that produces milk throughout its life and requires little maintenance. A cash cow is an example of a cash cow, since after the initial capital outlay has been paid, the cow continues to produce milk for many years. These cash generators can also use their money to repurchase shares in the market or pay dividends to shareholders.

A cash cow is a company or business unit in a mature, slow-growing industry. Milk cows have a large market share and require little investment. For example, Apple (NASDAQ: AAPL) is considered a cash cow because it has established a well-defined niche in wireless gadgets. The different Apple product lines generate cash for other business lines at the beginning of their life cycle. On the contrary, a star is a company or business unit that operates in a high-growth industry. Question marks are the problematic son of the BCG shared growth matrix. They operate in high-growth markets and require capital to grow, but the probability of success is unknown. Dogs do not require much cash, but due to age, they tend to absorb large portions of capital.

6 0
3 years ago
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