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earnstyle [38]
3 years ago
5

In what order are the following financial statements prepared: (1) Balance sheet, (2) income statement, and (3) statement of sto

ckholders' equity?
A. 1, 2, 3.
B. 3, 2, 1.
C. 1, 3, 2.
D.2, 3, 1.
Business
1 answer:
Marta_Voda [28]3 years ago
6 0

Answer:

D.2, 3, 1.

Explanation:

The order of preparing the financial statement is described below:

1. Income statement

2. Statement of stockholder equity

3. Balance sheet

4. Cash flow statement

The income statement records all revenues generated and expenses incurred during a particular period.

The Statement of stockholder equity consists of common stock and the retained earning through which the ending balance could be computed.  

The balance sheet reports the assets and liabilities of the company

And, the cash flow statement analyzes the cash inflow and cash outflow position of the company

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On February IN , Marshak's investment account has a balance Of $19,800. He deposited ,200 on April I and $2,600 on May l . He wi
lesya692 [45]

The dollar-weighted annual yield for this nine-month period is -2.7%.

<u>Solution:</u>

The investment of deposit on April 1 (Feb, March = 2 months)

\Rightarrow\frac{(9-2)}{9}\times1200=\frac{(7)}{9}\times1200

The investment of deposit on May 1 (Feb, March, April = 3 months)

\Rightarrow\frac{(9-3)}{9}\times1200=\frac{(6)}{9}\times1200

Therefore, Dollar-weighted annual yield for this nine-month period,

\Rightarrow \frac{\text{Total interest}}{\text{Total investments}}

On plugging-in the values,

\Rightarrow\frac{14820-(19800+1200+2600-8400}{19800+\frac{7}{9}(1200)+\frac{6}{9}(2600)-8400}=-0.027

In percentage notation,

-0.027=(-0.027\times100)\frac{1}{100}=-2.7\% (\because \frac{1}{100}=\%)

6 0
3 years ago
Categories of expenditures Van and Amy Cho live in Swarthmore, PA. Amy's father, Carlos, lives in Sweden. For each of the follow
Inessa05 [86]

Answer:

A. It is included as part of government purchases (G)

B. it is included as part of consumption

C. It is included as part of investment

D. Amys father's transaction is not included as part of GDP

Explanation:

Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.

GDP calculated using the expenditure approach = Consumption spending by households on durable and non durable good and services + Investment spending by businesses + Government Spending + Net Export

The project in A is being undertaken by The Federal Aviation Administration. So, it qualities as government spending.

Amy gets a new video camera made in the United States is an instance of consumer spending

Van's employer upgrades all of its computer systems using U.S.-made parts is undertaken by a business so it is included in GDP as part of investment spending.

The transaction by Amy's father takes place outside the US, thus, it is not included in the calculation of US 's GDP.

I hope my answer helps you

8 0
3 years ago
According to a recent study, nearly all business professionals expect an email response within Multiple choice question. 1 week.
Alla [95]

There are different kinds of studies. According to a recent study, nearly all business professionals expect an email response within 4 hours.

<h3>Who are business professionals?</h3>

Business Professionals are known as people that are called expert or professionals in the area of business that deals on product.

The business professionals love prompt response to their emails and do not want to be kept waiting, A response within a day is what they are after.

learn more about business professionals  from

brainly.com/question/24553900

6 0
3 years ago
Fields Company has two manufacturing departments, forming and painting. The company uses the weighted-average method of process
Roman55 [17]

Answer:

See attached file

Explanation:

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3 years ago
Galen and Leslie are directors, but not officers, of Tropical Travels, Inc. Tropical Travels becomes embroiled in a controversy
LekaFEV [45]

Answer:

A.indemnification, the company may reimburse them for legal fees and judgments.

5 0
3 years ago
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