1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Novay_Z [31]
3 years ago
11

- QI- State 2 reasons why it is necessary to prepare financial statements at regular intervals

Business
1 answer:
Liono4ka [1.6K]3 years ago
5 0

Answer:

-Better decision making

-Can prevent costly mistakes and helps in tax period

You might be interested in
Sophia could not afford expensive furnishings, but wanted a stylish home. after researching many options, she went to a local ta
maksim [4K]
I think Sophia is responding to Brand Image Consistency.

This retailing challenge must meet Sophia's expectation on what she saw on its website and ads to what she will actually see in person. The image of the brand must be consistent from its advertisement to its actual product. 


6 0
3 years ago
Why are posting references entered in the journal when entries are posted to the ledger accounts?
wolverine [178]

Answer:

c. So we know that the entry has been posted.

Explanation:

  • The posting reference are entered in the journal entries are done so as to find them in the account ledgers and these entres are post in the this account is insert to keep and store the booking entry for the balance sheets and includes the incomes statements and accounts like the receivables and the accounts payable and accrued expenses also.
3 0
3 years ago
During a recession, what is one way governments try to encourage growth? by increasing unemployment benefits by stopping governm
storchak [24]
During a recession, the way that governments try to encourage growth is : increasing unemployment benefits

During a recession, a number of unemployment will rapidly increased ( almost a third of citizen could be jobless). In order to handle this, government could increase unemployment benefit so the unemployed people have enough to scrapped by until the recession is over or started a new business.
7 0
3 years ago
Read 2 more answers
Big Red Machines, a startup, has come up with a new product and has seen significant customer demand. Due to reinvestment in the
Bad White [126]

Answer:

The correct answer is "$ 30.34".

Explanation:

The value of the stock can be computed by the following formula:

⇒  \frac{Dividend \ in \ year \ 3}{(1 + Required \ return \ rate)2}  + \frac{Dividend \ in \ year \ 4}{(1 + Required \ return \ rate)3}  + \frac{Dividend \ in \ year \ 5}{(1 + Required \ return \ rate) 4 } + \frac{1}{(1 + Required \ return \ rate)4 }\times [\frac{( Dividend \ in \ year \ 5 (1 + Growth \ rate)} {( Required \ return \ rate - Growth \ rate)}]

On putting the values, we get

⇒  \frac{1.50}{1.08^2}  + \frac{1.60}{1.08^3}  + \frac{1.75}{1.08^4 } + \frac{1}{1.08^4} \times [  \frac{( 1.75\times 1.03)}{(0.08 - 0.03)}]

⇒  \frac{1.50}{1.08^2 } + \frac{1.60}{ 1.08^3 } + \frac{37.80}{ 1.08^4  }

⇒  30.34 ($)

8 0
3 years ago
Emily had an excellent year as a salesperson in 2015, earning $97,000. she paid $37,000 for necessities such as mortgage, food,
ycow [4]

Discretionary income is the amount of money remaining from her income after paying federal taxes, other mandatory charges, and necessary expenditures for living. In this situation, Emily is earning a gross income of $97,000. When you deduct her necessary expenditures for mortgage, food, and clothing in the amount of $37,000 and her federal income taxes in the amount of $24,000 from her gross income, you can get her discretionary income which is $36,000.

4 0
3 years ago
Other questions:
  • The entry to establish a petty cash fund includes:___________
    11·1 answer
  • Analytical procedures are audit methods of evaluating financial statement accounts by studying and comparing relationships among
    12·1 answer
  • Petrenko Corporation has outstanding 2,000 $1,000 bonds, each convertible into 50 shares of $10 par value common stock. The bond
    10·1 answer
  • Blue corporation's standards call for 2,500 direct labor-hours to produce 1,000 units of product. during may 900 units were prod
    12·1 answer
  • Coaches can receive a bonus from the booster club at the conclusion of a season.
    9·1 answer
  • Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The jou
    9·1 answer
  • The main determinant of elasticity of supply is the: A. number of close substitutes for the product available to consumers. B. a
    14·1 answer
  • Consumers in Georgia pay twice as much for avocados as they do for peaches. However, avocados and peaches are equally priced in
    5·1 answer
  • Your client wants to transfer $500 from their checking account into a savings account to cover tax liabilities for sales made th
    15·1 answer
  • An investor implements a collar strategy by purchasing 100 shares of the Tesla stock at a price of $840 per share, selling 100 c
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!