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elena-14-01-66 [18.8K]
3 years ago
11

The Balance Sheet, the Statement of Cash Flows, and the ______________ are three key financial statements prepared by accountant

s.
Business
1 answer:
zaharov [31]3 years ago
3 0

Answer:

The income statement

Explanation:

The income statement is the document prepared accountants showing the earning of a company at the end of a financial year.  The income statement is the profit and loss statement. It tells the business owners and other stakeholders how much profits the business has made.  The income statement communicates vital information regarding business performance, such as total revenues, gross profits, and net expenses.

The income statement does not give all the business the information. Accountants will also prepare the balance sheet.  A balance sheet shows the assets and liabilities of the business.

A cash flow statement is also prepared. It shows how much cash is available to pay bills, salaries, and debts.

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Advertising begins with the ________, the person or organization that uses advertising to send out a message about its products.
irina1246 [14]

Answer:

<u>Advertiser</u>

Explanation:

Advertising refers to promoting a product or a service with an objective to enhance it's sales and identify the prospective buyers of a product.

Advertisement medium may include , print media advertisements such as journals, newspapers, catalogs, posters, magazines, etc.

Advertising may also utilize visual space and audio means such as advertisements on radios, televisions, internet, etc.

The process begins with the advertiser who is usually the seller, refers to a person or an organization desirous of selling it's products.  The seller decides the method of advertisement as per the kind of products he/she deals in and the cost he/she is willing to bear, since advertisements can be very costly.

The advertiser can be simply defined as the payer for the advertisement.

3 0
2 years ago
Duk Yu, a beverage company, buys its raw materials from Nessange, a fruits and vegetables exporting company, without making any
laila [671]

Answer:

Trade credit

Explanation:

Trade credit is a financial tool which buyer is allowed by supplier to buy now and pay later. Payment date is pre-decided. It is generally used for financing on short term basis.

5 0
3 years ago
Garden variety flower shop uses 890 clay pots a month. the pots are purchased at $3.70 each. annual carrying costs per pot are e
balandron [24]

Answer:

The answer is 231

Explanation:

Solution

Given that:

The Number of clay pots per month = 890

The Price of each pot = $3.70

The annual carrying cost = 50% of cost = 1.85

The Ordering cost = $30

The order size=1000

Now,

EOQ = √ 2 * demand  * ordering cost /carrying cost

=√2 *890 * 30 /1.85

=231

6 0
2 years ago
Read 2 more answers
TLC Credit, Inc. has $35.0 million in consumer loans with an average interest rate of 12.0%. The bank also has $30.0 million in
MissTica

Answer:

$460,000 decrease

Explanation:

The computation of TLC's estimated change in revenues next year is shown below:-

TLC's estimated change in revenues next year = ((Consumer loan × Interest rate) + (Home equity loan × Interest rate) + (Corporate securities × Interest rate)) - ((Increased consumer loan × Decrease rate) + (Increase equity loan × Interest rate) + (Corporate securities × (1 - decreased percentage) × average interest rate))

= (($35.0 million × 0.12) + ($30.0 million × 0.O8) + ($5.0 million × 0.06)) - (($40.0 million × 0.10) +($32.0 million × 0.065) + (5 million × (1 - 20%)  × 0.09))

=$6,900,000 - $6,440,000

= $460,000 decrease

Therefore for computing the TLC's estimated change in revenues next year we simply applied the above formula.

6 0
2 years ago
The long-run industry supply curve is the graphic representation of the quantity of output that the industry is prepared to a. s
Arisa [49]

Answer: d. supply at different prices after the entry and exit of firms is completed.

Explanation:

The industry supply curve simply shows the relationship that exist between the price at which a good is sold and the industry's total output.

The long-run industry supply curve simply refers to the graphic representation of the quantity of output that the industry is prepared to supply at different prices after the entry and exit of firms has been completed.

At the long-run industry supply curve, it depicts the locus of price and the output produced in that industry as each firm aims to maximize profit.

6 0
2 years ago
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