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Alex777 [14]
3 years ago
15

Examining relationships among data in the company's financial statements can provide knowledge that can not be gained from just

looking at individual items in the statements.
Business
1 answer:
Yuki888 [10]3 years ago
8 0

Options: True or False

Answer: True

Explanation: Financial statements is a written record of the inflow and outflow of funds in an organisation, it gives a description and clearer picture or view of how the financial activities taking place in the Organisation has been managed,it helps the decision makers to see the true picture and state of affairs of the Organisation.

EXAMINING FINANCIAL STATEMENTS HELPS TO REVEAL MORE DETAILED INFORMATION THAT CAN NOT BE OBTAINED BY JUST LOOKING AT INDIVIDUAL ITEMS IN A STATEMENT.

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Vincent operates a scenic tour business in Boston. He has one bus which can fit 50 people per tour and each tour lasts 2 hours.
mixas84 [53]

Answer:

There is some information missing, and when I looked for it I found similar questions but the demand was already given and the question was about Vincent's total daily income.

Passenger                  Price                  Daily demand

Adults                          $18                        70

Children                      $10                        25

Senior citizens            $12                        55

total                                                           150

total revenue per day = ($18 x 70) + ($10 x 25) + ($12 x 55) = $1,260 + $250 + $660 = $2,170

total operating costs per day = (150 / 50) x $450 = $1,350

operating income per day = $2,170 - $1,350 = $820

6 0
2 years ago
Which of the following statements regarding a tax sheltered annuity (tsa) is incorrect? the income from the tsa is received inco
Fudgin [204]

The incorrect statement is : The income from the TSA is received income tax-free. Upon retirement, payments received by employees from the accumulated savings in tax-sheltered annuities are treated as ordinary income.

5 0
2 years ago
Look at the picture, which one is the correct answer?
Vinil7 [7]
I think it “A law of demand”?
4 0
3 years ago
Definition of a mission statement in businesses?
Juli2301 [7.4K]

This is my own definition- I'm not sure if there are options.

But a mission statement is when a business has a goal to where there business is going and what they want to acheive with said goal.

If you have options for the answer, I'd be happy to help in that way too!

5 0
3 years ago
Running a company and protecting the interests of owners and other stakeholders is known as _____.
alexandr1967 [171]

Running a company and protecting the interests of owners and other stakeholders is known as <u>Corporate Governance</u>.

<h3>What is a Corporate Governance?</h3>

Basically, the corporate governance refers to the system by which companies are directed and controlled.

The Boards of directors are responsible for the governance of their companies while the shareholders' role in governance is to appoint the directors.

Therefore, the running of a company and protecting the interests of owners and other stakeholders is known as corporate Governance.

Read more Corporate Governance

brainly.com/question/14522678

#SPJ1

3 0
1 year ago
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