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monitta
3 years ago
5

Suppose you want to know how much a company owes others. Which standard financial statement would you use? Select one: a. Balanc

e sheet b. Break-even analysis c. Cash flow statement d. Income statement
Business
1 answer:
guajiro [1.7K]3 years ago
3 0

Answer:

balance sheet          

Explanation

In simple words, balance sheet refers to the type financial statement that is prepared by an organisation for depicting its financial position at a particular point of time, generally at the end of the year.

Balance sheet is of high importance to the stakeholders as it depicts all the assets in one group and all the liabilities and capital sources in other group. It depicts how much of the assets are financed with the capital and how much are taken on loans.

Thus, from the above we can conclude that the correct option is Balance sheet.

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Explain the importance of reconciling the bank at set dates
zmey [24]

Answer:

The goal of the bank reconciliation process is to find out if there are any differences between the two cash balances. ... A monthly reconciliation helps to catch and identify any unusual transactions that might be caused by fraud or accounting errors, especially if your business uses more than one bank account.

8 0
3 years ago
Suppose the working-age population of a fictional economy falls into the following categories:
aniked [119]

Answer:

The right solution is:

(a) 120

(b) 20%

Explanation:

Given that,

Full time employed,

= 75

Part time employed,

= 25

Total unemployed,

= 20

(a)

The total employed will be:

= Full \ time + Part \ time

= 75+25

= 100

Now,

Labor force will be:

= Total \ employed+Total \ unemployed

= 100+20

= 120

(b)

The unemployment rate will be:

= \frac{Total \ unemployment}{Labor \ force}\times 100

= \frac{20}{100}\times  100

= 0.2\times 100

= 20 (%)

6 0
3 years ago
Why was it particularly important to latino activists to gain political rights?
const2013 [10]
It was <span>particularly important to Latino activists to gain political rights </span>because they wanted to participate in democracy so that they could have a voice in making decisions that affected them.

Hope that helps. -UF aka Nadia

6 0
3 years ago
Joshua is 25 years old and has a high risk job making $72,000 a year. The insurance company charges him an extra 20% on top of h
klio [65]

The correct answer is D. The annual premium for the cheapest policy is $6,644.

A life insurance policy can pay out in the event of the insured's death, whether or not before a specific date, or if the insured is alive on a specific date.

A life insurance policy can also be a mixture of both, in that case it pays out both when you are alive and when you die earlier. Finally, a life insurance policy can provide a periodic payment as long as the insured person is alive or precisely from the moment the insured person dies.

Learn more about insurance in brainly.com/question/13293881

4 0
3 years ago
The price of apples used to make apple pies has decreased. At the same time, people expect the price of apple pies increase sign
vlabodo [156]

Answer:

the correct answer is "Equilibrium quantity will increase; the effect on price is ambiguous"

Explanation:

The supply will increase as the cost of production of apple pies has diminished. The curve of the graph for supply will move to the right.  

In the event that customers expect the future costs of apple pie rises, they will stock up now and the interest for apple pie will rises. The curve of the demand graph move to right.  

At the point when both demand and supply graph curve bends a similar way, the harmony amount will increase however the impact on balance cost is indeterminate.

7 0
3 years ago
Read 2 more answers
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