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Iteru [2.4K]
3 years ago
7

EB1.

Business
1 answer:
Viktor [21]3 years ago
3 0

Answer:

                                  Winterfell

Income statement for the year ended December 31, 2019

                                           $

Sales revenue             865,000

Cost of good sold       <u> (354,000)</u>

Gross profit                   511,000

Operating expenses    <u> (315,000)</u>

Net income                   <u> 196,000</u>

Explanation:

The net income for the year ended December 31, 2019 is obtained by deducting cost of goods sold and operating expenses from sales revenue.

Gross profit is the difference between sales revenue and cost of goods sold.

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Financial statements can be prepared _____. (select all that apply.) multiple select question.
marysya [2.9K]

Financial statements can be prepared : b. may be prepared more than once a year; c. may have a fiscal year end other than December 31.

<h3>What is financial statement?</h3>

Financial statement help to summarize the financial position of a business and it as well help to show  the day to day transaction of a company or day to day activities of a business at a particular period of time.

Financial statement of a company can be prepared more that once in a year and financial statement may tend to have fiscal year end that is other than last month of the year which is 31st December.

Therefore Financial statements can be prepared : b. may be prepared more than once a year; c. may have a fiscal year end other than December 31.

Learn more about financial statement here:brainly.com/question/21307159

#SPJ1

The complete question is:

Financial statements ______. (Select all that apply.)

a. must have a calendar year end of December 31

b. may be prepared more than once a year

c. may have a fiscal year end other than December 31

d. are prepared just once a year

8 0
2 years ago
Based on the corporate valuation model, the total corporate value of Chen Lin Inc. is $500 million. Its balance sheet shows $110
solmaris [256]

Answer:

The best estimate of its stock price per share is $11.20

Explanation:

To compute stock price per share, the equation is shown below:

= Total number of equity ÷ Outstanding number of shares

where,

Total number of equity = Total corporate value - Notes payable - long term debt - preferred stock

= $500 - $110 - $90 - $20

= $280 million

And , outstanding number of shares is 25 million shares

Now, apply the above equation

So, stock price per share = $280 million ÷ 25 million shares = $11.20

Other accounts like retained earnings, total common equity is irrelevant

Hence, the best estimate of its stock price per share is $11.20

6 0
3 years ago
All of the following are positive outcomes of employee development except: Group of answer choices development enhances the orga
Lilit [14]

Answer:

development enhances the organization's capacity to control environmental forces

Explanation:

Employee development can be described as when an employer takes certain certain steps to increase the skills, competences and knowledge of the employees.

Employee development can take the form of :

  • trainings
  • Mentorships
  • On the job training
  • conferences
  • job rotations

Advantages of  employee development includes :

  1. It reduces employee turnover
  2. It increases the skills of employee
  3. It increases the efficiency of employees
7 0
3 years ago
You are considering investing $1,000 in a T-bill that pays 0.05 and a risky portfolio, P, constructed with 2 risky securities, X
Leokris [45]

Answer:

% in T bills = 18.92%, % in P = 81.08%

Explanation:

Portfolio return = Weighted average return

Return of portfolio P = 0.14*0.6 + 0.10*0.4

Return of portfolio P = 0.124

Let % money in T bills be x

0.11 = 0.05*x + 0.124*(1-x)

0.11 = 0.05x + 0.124 - 0.124x

0.014 = 0.074x

x = 18.92%

Hence, % in T bills = 18.92%, % in P = 81.08%

3 0
3 years ago
Drag each label to the correct location on the image.
igor_vitrenko [27]

Answer: HMO: Primary Care Physician, In network only

PPO: Referral requirements, Out of network doctors

Explanation:

8 0
2 years ago
Read 2 more answers
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