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podryga [215]
4 years ago
15

The balance sheet should be prepared a.after the income statement and the statement of owner's equity b.before the income statem

ent and the statement of owner's equity c.before the income statement and after the statement of owner's equity d.after the income statement and before the statement of owner's equity
Business
1 answer:
mrs_skeptik [129]4 years ago
5 0

Answer:

The answer is D.

Explanation:

The balance should always be prepared after income statement (profit or loss and other comprehensive income statement) because profit for the year(net income) is a line item under balance sheet. It is under equity in balance sheet and it must be known for balance sheet to be prepared.

It is prepared before statement of owner's equity because it tells us how the equity, retained earnings in the balance has changed during the period or between current and prior year.

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If a police department tracks arrests, clearance rates, crime rates, and citizen satisfaction surveys to evaluate how well they
ch4aika [34]

Answer: Performance budgeting

Explanation:

Performance budgeting is referred to as or known as the practice or habit of developing and reforming budgets that are mostly based on relationship in between the program funding scale and the expected outcome from the program. This performance budgeting technique is referred to as the tool which administrators tends to use in order to manage the budget.

4 0
3 years ago
Reddick Enterprises' stock currently sells for $35.50 per share. The dividend is projected to increase at a constant rate of 5.5
lapo4ka [179]

Answer:

<em>$41.69</em>

Explanation:

\frac{divends}{return-growth} = Intrinsic \: Value

Assuming the shares is on point and is not overrated or underrated we can <em>solve for dividends</em>

dividends/(r-g) = 35.50

dividends = 1.2425

Now we apply the growth for 3 years

Principal * (1+ r)^{time} = Ammount

1.2425 (1.055)^{3}= 1.4589949084375

Then we apply the dividend growth model

1.4589949084375/(0.09-0.055) = 41.68556881 = 41.69

5 0
4 years ago
Simpson Conglomerates borrows $12,000 for a short-term purpose. The loan will be repaid after 120 days, with Simpson paying a to
jek_recluse [69]

Answer: B. 10.34%

Explanation:

Based on the information that has been provided in the question, first and foremost, we have to know the amount of interest paid which will be:

= $12400 - $12000

= $400

We tgen calculate the cost of capital which will be:

= 400/12000

= 3.33%

Then, Annual percentage rate will be:

= 3.33% × 365/120

= 3.33% × 3.04

= 10.34%

3 0
3 years ago
The social ethic that prevailed in late nineteenth-century America stressed that
shtirl [24]

Answer:

c. economic success was available to anyone who worked hard.

Explanation:

In the late nineteenth-century (the year subsequent to the civil war 1865 to 1900)

The american society didn't not have a caste or royal society with nobles or lord like English, French or Germans did.

They were all under the impression that the american dream could be ahcieve with hard work besides, pretty much all the people living in the US during that time were inmigrants or sons of inmigrants thus, there wans't an stablished order all was here for the taken.

5 0
3 years ago
According to the mandatory uniform policy provisions, what is the maximum amount of time after the premium due date during which
Klio2033 [76]
The grace period, during which a policy remain in force even though the premium has not been paid depends on the state. But generally, a grace period of 7 days is usually allowed for weekly premium payments, ten days for monthly payment and thirty one days for other policies.
6 0
3 years ago
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