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3 years ago

5

The balance sheet reports the A. financial position for a specific period. B. financial position on a specific date. C. results

of operations for a specific period. D. results of operations on a specific date.

1 answer:

Morgarella [4.7K]3 years ago

4 0

Answer: A

Explanation:

Balance sheet report the financial position for a specific period

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2 years ago

To compete in the automobile market, Tesla must make many strategic decisions such as whether to introduce a new car model, ho

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3 years ago

Here are incomplete financial statements for BLOSSOM, Inc. Calculate the missing amounts

Otrada [13]

Answer:

(A) net income: 20,000

(B) COGS = 55,000

(C) Common Stock = 30,000

Explanation:

(A) with the RE statemtn we sovle for RE

net income = ending RE - beginning RE + dividends

net income = 27,000 - 12,000 + 5,000 = 20,000

(B) With the net income we solve for COGS

COGS= revenues - net income - salaries and wages

COGS = 85,000 - 20,000 - 10,000 = 55,000

(C) now we solve for common stock

liab + equity = total liab and stockholders equity

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3 years ago

suppose the returns on long term corporate bonds and T-bills are normally distributed. Based on the values below answer the foll

postnew [5]

Answer:

32.35% ( the probability that in any given year, the return on long-term corporate bonds will be greater than 10 percent )

Explanation:

Given data for long-term corporate bonds

Standard deviation : 8.3%

mean = 6.2%

To calculate the probability that in any given year, the return on long-term corporate bonds will be greater than 10 percent ( USING THE NORM-DIST FUNCTION )

P( x > 10% ) = 1 - P(x<10%) = 1 - NORM-DIST (10,6.2,8.3,TRUE ) = 0.3235

= 32.35%

attached below is the missing part of your question

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3 years ago