Answer:
time period
Explanation:
In accounting, the time period principle states that a firm must report its financial statements for specific periods of time. For example, the Securities and exchange Commission (SEC) requires public corporations to submit their financial reports every quarter. This is done in order for accounting periods to be comparable, e.g. comparing a quarterly report vs an annual report is not correct.
To solve for the cost of goods sold (COGS):
COGS = Net sales - gross profit
COGS = $812,000 - $355,000
COGS = $457,000
The cost of doors sold is the costs that are used for production of the goods the company sells. It includes materials used for creating the product and labor.
Answer:
b. issuing new equity
Explanation:
debt to equity ratio = Total debt/ Total equity x 100
and
interest earned ratio = Operating Income ÷ Interest charge
<u>Ways to decrease debt to equity ratio :</u>
1. Increase equity (no effect on interest earned ratio)
2. Decrease debt (increases interest earned ratio)
thus,
issuing new equity have no immediate effect on the times interest earned ratio but will cause debt to equity ratio to decrease.
I think the answer would be alone
