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tankabanditka [31]
3 years ago
5

A calendar year reporting company preparing its annual financial statements should use the phrase "at december 31, 2016" in the

heading of which financial statements?
Business
1 answer:
ivolga24 [154]3 years ago
4 0

Financial statements include Income statement, Statement of Owner’s Equity, Balance sheet and Cash flow statement. Statement of Owner’s Equity and Balance sheet are prepared at a particular date at the end of the financial year or period.

Hence, A calendar year reporting company preparing its annual financial statements should use the phrase "at December 31, 2016" in the heading of Statement of Owner’s Equity and Balance sheet.



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What do individual shareholders gain when they buy shares of a company’s stock?
evablogger [386]

<span>Individual shareholders will have the right to receive dividends declared. They can sell their shares and have the right to purchase issued shares. They can vote on the directors nominated by the board. They also have the right to the remaining assets after liquidation. </span>

8 0
2 years ago
Dropping small hints to let this employee know that his or her behavior is bothering you.
makvit [3.9K]

Answer:

The statement has to be classified as very effective or very ineffective.

The correct answer is:

Very ineffective

Explanation:

The word effective means "something that results in the desired effect", therefore, ineffective means the opposite "something that does not result in the disired effect".

In this case, the desired effect is to modify the employee's behaviour. If we as employers drop small hints about what is bothering us, the employee may not be able to understand what we mean, and continue behaving in the same manner.

It is more effective to have clear, straightforward communication in the workplace. If an employee behaviour is bothering us, we should simply communicate it in a direct and respectful manner.

5 0
3 years ago
Truman Co. sells a large number of common household items, while Stapleton sells a small number of expensive items. The two comp
slava [35]

Answer:

Truman has a higher inventory turnover ratio and Stapleton has a higher gross profit ratio ( D )

Explanation:

Truman sell a large number of common household items ( assuming 100 unit )

while Stapleton sells a small number of expensive items ( assuming 20 units )

lets assume : Truman sells at $5 per unit and Stapleton sells at $50 per unit

with the above assumptions

Truman gross profit ratio = $5 * 100 units = $500

Stapleton gross profit ratio = $50 * 20 units = $1000

from the above assumptions you can deduce that the gross profit made by Stapleton is higher although he sells a smaller amount of goods while Truman has a higher Turnover because of its higher number of sold units

4 0
3 years ago
Francine moved out of the property she was renting, and she left it in pristine condition. How long after she moves out does the
inessss [21]

One month; property manager will have to return her security deposit in one month after she moves out of the property.

More about security deposit:

Source of funds to pay tenant obligations owed to the landlord in the event of a breach of the rental or lease agreement. When a tenant fails to uphold their financial obligations under the terms of a rental or lease agreement, the landlord may be able to recover some of their financial losses from the security deposit.

If a tenant's creditworthiness affects the security deposit, the landlord must set clear and specific criteria for the various creditworthiness levels they consider when choosing tenants (such as credit scoring).

Additionally, each potential tenant who falls within each level of creditworthiness must pay the security deposit amount that has been established for that level.

Know more about security deposit here: brainly.com/question/1752098

#SPJ4

4 0
1 year ago
Latham Corporation constructs a new factory building. The materials cost $300,000. Other costs include direct labor of $150,000,
Dovator [93]

Answer:

$535,000

Explanation:

The computation of the Latham's basis in the building is shown below:

= The material cost + direct labor cost + worker pension cost + architectural fees + depreciation on equipment  + interest paid during the year

= $300,000 + $150,000 + $5,000 + $15,000 + $25,000 + $40,000

= $535,000

It includes both direct and indirect cost

Since we have to compute for the building so we do not considered the purchase value of land and the loan amount

3 0
2 years ago
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