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Genrish500 [490]
3 years ago
14

Please help, will give Brainlest. Explain how a business income statement could help a business owner who is looking for investo

rs to help him grow his business.
Business
2 answers:
mixer [17]3 years ago
8 0

Answer:

The income statement determines very important information for a business investment proposal such as EBITDA : Earnings Before Interest and Taxes plus Depreciation and Amortization.

This indicator is critical to know how much profit is drive just by the operation of the business. You can compare this indicator with accounts such as long term and short term loans  in order to determine how much debt is healthy for the business to ask for investors or a bank.

Explanation:

Romashka-Z-Leto [24]3 years ago
5 0

A business income statement is a basic element required by potential lenders, such as banks, investors, and vendors, and it could determine whether you get a loan or not. If the business owner is looking for investors to help him grow his business, he should prepare a business income statement that presents a clear, detailed picture of his business's revenues and expenses. If this information is too difficult to comprehend, investors will be less likely to invest in the business.

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Sheridan Company uses job order costing for its brand new line of sewing machines. The cost incurred for production during 2019
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Answer:

$1,440 per machine

Explanation:

The computation of the cost per machine is shown below:

= Total cost ÷ number of machine completed

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2. Alex, Becky, Cindy, Deanna and Elias form a general partnership, Glorious Jeans, to manufacture coffee-colored clothing. Alex
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Answer:

Under the UPA ( uniform partnership act ) the partners share the profits of the business according to their contributions towards the business ( mostly financial contribution)

The UPA is used to address the issues of profit and loss sharing in a business partnership based on financial contribution towards the business and not based on service rendered to the business hence it won't work in this situation

Explanation:

Under the UPA ( uniform partnership act ) the partners share the profits of the business according to their contributions towards the business ( mostly financial contribution), the primary purpose of the uniform partnership act to to address certain in-formal or formal issue that was not addressed under the business agreement reached between the partners,

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