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netineya [11]
2 years ago
11

Organizational obligations are the same as personal ethical obligations.a. Trueb. False

Business
1 answer:
Nadya [2.5K]2 years ago
3 0

Answer:

False

Explanation:

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The income statement reports all of the following except: Group of answer choices The time period over which the earnings occurr
velikii [3]

All of the following are reported in the income statement, with the exception of Assets owned by a business which is a balance sheet item not included in income statement.

A financial report describing a company's income and expenses over a reporting period is called an income statement. It is usually prepared quarterly or annually and is also known as a profit and loss (P&L) statement. An organization's financial performance over a reporting period is shown in income statements.

The following details are commonly found on an income statement:

Revenue: The amount of money received by a company during a reporting period

Costs : Incurred by a company during a reporting period.

Costs of goods sold (COGS): The total expenses for the parts that make up any good or service that a business produces and sells.

Revenue less the cost of items sold is known as gross profit.

gross profit less operating expenses equals operating income.

Operating income less non-operating costs equals income before taxes.

Net income: Earnings before to taxation

Net income divided by the total number of outstanding shares is known as earnings per share (EPS).

Depreciation: The gradual loss of value in assets over time, including stock, machinery, and property

Earnings before interest, taxes, depreciation, and amortization, or EBITDA

Learn more about income statement here

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8 0
1 year ago
Someone please help i have to turn this in tonight.
svp [43]

Answer:blending of the mix ingredients.

pasteurization.

homogenization.

aging the mix.

freezing.

packaging.

hardening.

8 0
2 years ago
Who owns the alcoholic beverages of a private club
arlik [135]
I'm pretty sure t<span>he owner of the club owns all inventories of food and alcohol.</span>
8 0
2 years ago
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In examining Luke Company's current-period income statement, you notice that Research and Development expenses are 62% of sales
MakcuM [25]

Answer:

The correct answer is the option C: a vertical analysis using sales as the base.

Explanation:

To begin with, the concept known as<em> ''vertical analysis''</em> is a tool or method used in the financial statements whose main purpose is to analize the changes that were made in the financial statement being analized and it uses a base figure within the statement in order to list each item inside the paper as a percentage of the base used.

To sum up, in this case, Luke has most likely provided a vertical analysis using sales as the base in order to determinate the percentage of the other items according to the sales.

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2 years ago
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Discuss the negative impact of piracy on business
igomit [66]
Steal market share from legitimate businesses and undermine innovation, with negative implications for economic growth.
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2 years ago
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