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3 years ago

A. Adjustments would not be necessary if financial statements were prepared to reflect net income from lifetime operations.

Business

1 answer:

Artemon [7]3 years ago

7 0

Answer:

The correct answer is A

Explanation:

In accounting the adjustment, is described as the transaction of the business, which is not involved or recorded in the records of the accounting of the firm at a particular or a specific data.

All of the transactions are reported by the recordation and its example are customer billing, cash collection and supplier invoice.

If the operations of the lifetime are reflected from the net income, then the adjustments does not needed to passed or reported.

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Dillon Labs has asked its financial manager to measure the cost of each specific type of capital as well as the weighted average

Whitepunk [10]

D!

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3 years ago

Please help im on a timer

Dafna1 [17]

Answer: are higher than average, because the job sector is rapidly growing.

Explanation: More and more people are using technology by the percentage so it goes up often

This is the option out of all that make sense, and i just took the test and it is correct.

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3 years ago

Key numbers that financial managers use to calculate ratios usually come from the firm’s

3241004551 [841]

The answer that fits the blank above would be BALANCE SHEET AND INCOME STATEMENT. The balance sheet serves the copy of the liabilities and assets that a company or firm has recorded for a specific period of time. On the other hand, the income statement shows both the profit and loss that the company has. Therefore, it is based on these two that financial managers are able to calculate ratios.

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4 years ago

BP ignored some safety regulations in order save $1 Million per day on the Horizon Deep Water Drilling Platform. How much did th

aleksklad [387]

Ignoring some safety regulations in order save $1 Million per day. The amount that those violations end up costing the company is $100 Billion.

<h3>What is safety regulation?</h3>

Safety regulation can be defined as a set of rules and regulation that an employees are mandated to follow so as to prevent work hazard.

Based on the given scenario ignoring the safety regulation so as to save $1 million per day will cost the company $100 Billion.

Which is why companies made it compulsory for employees to follow the saftey standard set so as to ensures that employees work in a safe and conducive environment .

Inconclusion the amount that those violations end up costing the company is $100 Billion.

Learn more about Safety regulation here:brainly.com/question/8430576

4 0

2 years ago

On March 15, a fire destroyed Blossom Company's entire retail inventory. The inventory on hand as of January 1 totaled $5300000.

Svet_ta [14]

Answer:

The value of inventory destroyed=$4,082,000

Explanation:

<em>The value of the inventory destroyed is the difference between the the cost of the total goods available for sale and the cost of goods sold</em>

The value of inventory destroyed = cost of goods available for sale - value of inventory sold

Cost of goods sold = 3540,000 - (20%× 3540,000)= 2,832,000

The cost of goods available for dale = opening inventory + purchases + freight charges

$5300000 + $1432000 + $182000 = 6,914,000

The value of inventory destroyed = 6,914,000 - 2,832,000 = 4082000

The value of inventory destroyed=$4,082,000

7 0

3 years ago