1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Svetach [21]
3 years ago
6

The statement that reports net income or loss for a certain period in time is the

Business
1 answer:
Mars2501 [29]3 years ago
8 0

Answer:

The correct answer is: Income statement.

Explanation:

The Income Statement is a report that measures a company's financial performance over a specific accounting period. This statement is also known as the Profit and Loss Statement and Earnings Statement. The Income Statement shows a company's <em>revenues, expenses, net profit, </em>and <em>net loss</em> from both operating and non-operating activities.

You might be interested in
The owner of a company that produces electronic circuit boards sees many competitors with extra capacity and says, "the only hop
Vedmedyk [2.9K]

Answer:

sales era

Explanation:

The sales era (1920s - 1950s) was a time where manufacturers started to emphasize on effective sales forces and effective sales techniques because of increasing competition and increasing output levels. The goal of sales management was to find enough consumers for the company's total output.

5 0
3 years ago
What does Trump want to do with outer space?<br> this is a cx debate question<br> I'm desperate!!!!
Advocard [28]
He wants to put all mexians in space
3 0
3 years ago
Ortega Industries manufactures 19,900 components per year. The manufacturing cost of the components was determined to be as foll
professor190 [17]

Answer: Increased profit as opposed to making them internally.

Explanation:

Make or buy decisions are management decisions as to whether production components should be produced internally or outsourced.

Buy decision

Unit price= $34

Total unites= 19900

Total cost= $34*19900=$676,600

Make decision

$

Direct materials 178,000

Direct Labor. 380,000

Variable overhead. 104,000

Relevant fixed overhead 260,000

Total $922,000

Unit price for make=922000/19900

Unit price=$46.33

Since buying outside is more cheaper than producing internally, it will be more profitable to outsource(buy).

6 0
3 years ago
What are the criteria for distinguishing between a deductible expense and a capital expenditure?
Lelu [443]

The criteria for distinguishing between whether an expenditure is a capital item or a deductible expense is the useful life of the item.

If the purchase is going to be used and no longer have value at the end of the reporting period it is an expense for that period. If the item is a capital item it is going to have a longer useful life. In this case the item is depreciated over its useful life, assigning an expense amount to each accounting period that the item has value.

6 0
3 years ago
What are keywords? in a paragraph pls
oksian1 [2.3K]

Answer:

like what key words the key words I know are she he I him her your you are yours us we names they them themselves and I think that's it

7 0
2 years ago
Other questions:
  • You currently purchase a part used in your production process from an outside supplier, and have decided to begin making this pa
    6·1 answer
  • If Chester Corp. were to buy all of it's shares outstanding at its current price, how much would it cost Chester Corp, excluding
    11·1 answer
  • As the owner of an art gallery with a keen eye for upcoming talent, you find a painting that you feel is sure to net a large pro
    5·1 answer
  • Dominic is the founder of an innovative "impromptu catering" business that provides elegant, healthy party food and decorations
    11·1 answer
  • Which of the following statements about boundary managers is true? a. Boundary managers persuade top management to support the t
    6·1 answer
  • Assume the following data for Casper Company before its year-end adjustments:
    14·1 answer
  • Chuck, a single taxpayer, earns $75,000 in taxable income and $10,000 in interest from an investment in City of Heflin bonds. (U
    11·1 answer
  • Which of the following is a financial​ crisis? A. Rebellion in Mexico and the assassination of a presidential candidate shook​ i
    6·1 answer
  • Which of the following describe strategies that China used to achieve the status of a high-performing Asian economy? Check all t
    7·2 answers
  • If there are any DBZ fans on here...
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!