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Y_Kistochka [10]
3 years ago
15

Net income (loss) appears in which two financial statements?A. Balance sheet and income statement.B. Income statement and statem

ent of stockholders' equity.C. Statement of stockholders' equity and balance sheet.D. Net income appears in only one financialstatement.
Business
1 answer:
madreJ [45]3 years ago
7 0

Answer: Option B

Explanation: Net income refers to the amount of revenue that a company is left with after recognizing all the expenses incurred to generate those revenues.

The revenue and expenses are recorded on the income statement and the resulting outcome is the net income.

Similarly, as the net income is the income for shareholders of the company. Thus, it is shown in the stockholders equity statement also.

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Todd Wallace works as the chief knowledge officer for Pennsylvania Lumbar Company. He has been given the responsibility to creat
Monica [59]

Answer:

A. The primary value activity outbound logistics

Explanation:

This question is answered correctly based on primary activities found in Michael Porter's value chain. The correct answer in this case is outbound logistics which involve activities related to distribution of the final good or service to a consumer. Examples include product's timely delivery(shipping), distribution and storage.This next day delivery creates convenience by fulfilling urgency needs after an order has been placed hence adding value to customers.

6 0
3 years ago
Which of the following statements does not accurately describe the fair-value method of accounting?
Mama L [17]

Answer: Option (A)

Explanation:

Fair values mostly tends to exist for the marketable security but this in terms does not state that this method is applicable. For instance if investor tends to control the entity with the traded equity, therefore the investment is centralized and thereby, fair-value method of accounting is not being used.

Therefore, from the given options we can state that option (A) does not precisely describes the fair value method.

8 0
3 years ago
Which of the following statements regarding the Foreign Corrupt Practices Act (FCPA) is NOT TRUE? Group of answer choices Bribes
Kazeer [188]

The statement that is not the about foreign corrupt practices act is In an unstable political environment, payments made to local officials to avoid harassment of employees are acceptable.

<h3>Foreign Corrupt practices</h3>

The Foreign Corrupt Practices Act was established on 1977 in United States . It is a United State federal law that prohibits U.S. citizens from offering payment for business or bribing foreign government officials to benefit their business interests and retain businesses.

Citizens should not offer any payment to foreign officials for their business.

Therefore, The statement that is not the about foreign corrupt practices act is In an unstable political environment, payments made to local officials to avoid harassment of employees are acceptable.

Learn more on Foreign corrupt practices act from the link below.

brainly.com/question/8211495

3 0
3 years ago
Which situation best illustrates the economic concept of opportunity cost
GaryK [48]

Answer: A business hires a new programmer, so it can't afford to hire a new salesperson.

Explanation:

A P E X: Economics

6 0
3 years ago
Read 2 more answers
create your brief definition of advertising including the two supplemental terms competitive act and informative act.
nordsb [41]

Answer:

Advertising is a means of communication with the users of a product or service. Advertisements are messages paid for by those who send them and are intended to inform or influence people who receive them, as defined by the Advertising Association of the UK.

3 0
3 years ago
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