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Aleks04 [339]
3 years ago
8

Can financial statements be prepared directly from the adjusted trial balance?​

Business
1 answer:
Anit [1.1K]3 years ago
3 0

Answer:

yes, adjusting entries have been recorded in the general journal and posted to the ledger accounts

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In a climatological sense, dryness is a function of both annual rainfall and ________.
Talja [164]

Answer:

evaporation

Explanation:

In a climatological sense, dryness is a function of both annual rainfall and evaporation.

7 0
2 years ago
Using the Du Pont method, evaluate the effects of the following relationships for the Butters Corporation. a. Butters Corporatio
liq [111]

Answer:

Part a = 2.22 %

Part b = 25.36%

Part c = 23.67%

Explanation:

The Du Pont method is that method which defines the return on equity into three parts that includes gross profit margin, asset turnover, and financial leverage.

The profit margin and asset turnover show the relation with sales revenue whereas the financial leverage show a ratio of debt and shareholder equity.

a. Asset turnover : In duo Pont method,the asset turnover formula :

= Return on Assets ÷ Profit margin

= 17.75% ÷ 8%

= 2.22 %

b. The Return on equity is equal to

= Return on assets ÷ (1 - debt to total assets ratio)

= 17.75% ÷ (1-0.30)

= 25.36%

c. Applying same formula which is used in part b

Return on equity = Return on assets ÷ (1 - debt to total assets ratio)

= 17.75% ÷ (1 - 0.25)

= 17.75% ÷ 0.75

= 23.67%

Hence,  Part a = 2.22 %

Part b = 25.36%

Part c = 23.67%

6 0
3 years ago
Business revenue is
maria [59]

Answer:

The correct answer to the following question will be Option A (money collected through product sales).

Explanation:

  • Revenue seems to be the amount of money a business generally earns for a given time, including promotions as well as exemptions for finished merchandise.
  • Revenue is indeed the quantity of cash that always comes from the commercial operations of an organization. As throughout the price-to-sales measure, an equivalent to something like the price-to-earnings rate of return, which utilizes revenues in the divisor.

The other given choices are not related to the given circumstances. So that Option A would be the right answer.

7 0
3 years ago
Sometimes conflict can be healthy critically discuss the statement​
Ad libitum [116K]

Answer:

Yeah that's right, sometimes conflict can be healthy and have good effect on us like:

awareness, presence of mind, being alert and strong and changing your life into better one's. Conflicts help you to develop oj how you see the world as where you live. It helps us to become strong and intelligent everyday.

7 0
4 years ago
Sean is looking for sources to fund a community event. He posts his idea on a website describing his project and asking for dona
galina1969 [7]

Answer:

the answer of this question is d.)donation crowdfunding

7 0
3 years ago
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