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svp [43]
4 years ago
8

Match the financial statement with its description. To match them, click the Description and then click the Financial Report Nam

e

Business
1 answer:
kherson [118]4 years ago
7 0

Answer:

a-3 / b-2 / c-4 / d-1

Explanation:

Notes to financial statements: Includes a summary of significant accounting policies and explanations of specific items on the financial statements.

The notes are required by the full disclosure principle. Also referred to as footnotes. Provide additional information pertaining to a company's operations and financial position.

Report of independent registered public accounting firm: Attests to the fairness of the presentation of the financial statements.

is a process designed to provide reasonable assurance regarding the reliability of financial reporting.

Management's discussion and analysis of financial condition and results of operations (MD&A): Is written by the company to help investors understand the results of operations and the financial condition of the company.

Disclosure is mandatory where there is a known trend or uncertainty that is reasonably likely to have a material effect on the registrant's financial condition or results of operations

Financial statements: Includes the income statement, balance sheet, statement of stockholders' equity, and statement of cash flows.

are reports prepared by a company's management to present the financial performance and position at a point in time.

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uses a perpetual inventory system and reported $526,000 of inventory at the beginning of the month based on a physical count of
kakasveta [241]

Answer:

$16,950

Explanation:

The computation of the shrinkage that occurred during the month is shown below:

Balance inventory = Beginning Inventory + Inventory purchased - Inventory sold

= $526,000+ $59,200 - $40,250

= $544,950

Now the shrinkage inventory is

= Balance inventory - Physical count of inventory shows

= $544,950 - $528,000

= $16,950

7 0
3 years ago
Together, what do the divisions of the DHSMV do?
Tresset [83]
<span>The Florida Department of Highway Safety and Motor Vehicles is composed of four divisions: Florida Highway Patrol which "promotes a safe driving environment through proactive law enforcement, public education, and safety awareness," Driver Licenses which "promotes safety on the highways by licensing qualified drivers, controlling and improving problem drivers, ensuring vehicle owners and operators are responsible for injuries and damages they may cause in a crash on Florida’s roadways, and maintaining records for driver evaluation," Motor Vehicles which "provides safety and consumer protection of property rights by ensuring motor vehicles, vessels, and mobile homes are properly titled and registered," Administrative Services, which "is responsible for the operation of all bureaus within the Division and oversight of all administrative functions of the Department including accounting, budgeting, purchasing, and facilities," and an Information Systems Administration which "offers support services to all divisions

</span>
6 0
4 years ago
Answer the next question(s) on the basis of the following information for Manfred's Shoe Shine Parlor. Assume Manfred hires labo
olya-2409 [2.1K]

Answer:

3 units

Explanation:

Each unit sells at $3. We can calculate this by dividing $90 by 30 units = $3 per unit.

Since the total revenue with the sixth worker is $126, the total output = $126 / $3 = 42 units

Marginal product of the sixth worker = total output with six workers - total output with five workers = 42 - 39 = 3

Marginal product refers to the change in total output resulting from an increase in the number of inputs (workers in this case).

3 0
4 years ago
Assume that we are back to talking about bags of oranges (a private good), but that the government has decided that tossed orang
ruslelena [56]

Answer:

If negative externalities pop up in a market, the equilibrium is higher than the efficient output.

Thus when it comes to the government rectification regarding the side effects of that commercial , activity, if the amount of bags is (1) then the new equilibrium would be: <em>p*= $17</em>

8 0
3 years ago
The Supply/Demand equilibrium price is __________ with an equilibrium quantity of _________. PRICE Column 1 Quantity Column 2 Qu
ArbitrLikvidat [17]

Answer:

a) price of $7 and quantity of 50 units

Explanation:

According to what I'm understanding of the table you got the following:

\left[\begin{array}{ccc}Price&Supply&Demand\\5&11&36\\6&36&68\\7&50&50\\7&73&37\\...&....&...\end{array}\right]

The equilibrium will be when both forces meet in this case, it is clear that it is happening at a price equal to $7 which generates a supply of 50 units and a demand for 50 units. Both have the same value so it is equilibrium

3 0
3 years ago
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