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3 years ago

The income statement will present_____________.

Business

1 answer:

Nata [24]3 years ago

3 0

Answer:

The correct answer is letter "C": revenues less expensive (ordered smallest to largest amounts) with miscellaneous expense listed last.

Explanation:

The Income Statement is a report that measures the financial performance of a company over a specific accounting period. Publicly traded companies are required to produce income statements, balance sheets, and cash flow statements for each quarter and year in accordance with the Generally Accepted Accounting Principles (GAAP).

The income statement shows a company's revenue, expenses and net profit from both operating and nonoperating activities. Miscellaneous expenses -minimal and extraordinary expenses of the general ledger- are recorded at the bottom of the income statement, in case there is any.

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Chocolate Co. reports the following information from its sales budget: â€‹ Expected sales:

maksim [4K]

Answer:

The total amount of cash expected to be received from customers in September is: B. $ 108,000

Explanation:

The total amount of cash expected to be received from customers in September include the following :

Cash Sales in the month of September - 25 %
Cash Receipts from Accounts for August Sales - 75 %

The Calculation of cash expected to be received from customers in September is as follows :

Cash Sales - September = 120,000 × 25% = 30,000

Credit Sales - August = 104,000 × 75% = 78,000

Total = 108,000

4 0

3 years ago

A stock has an expected return of 12.2 percent, the risk-free rate is 6 percent, and the market risk premium is 10 percent. What

matrenka [14]

Answer:

Beta = 0.62

Explanation:

The capital pricing model establishes the relationship between expected return from a stock and its systematic risk . The systematic risk is that which affects all players (businesses and firms) in the entire market, such risks are occassioned by changes in interest rate, exchange rate e.t.c

According to the model , the expected return is computed as follows

E(r) = Rf + β(Rm-Rf)

Rf- risk -free rate, Rm-Rf - market premium

E(r) = 12.2%, Rm-Rf = 10, β- ?

12.2 = 6% + β× 10

10β = 12.2 -6

β= (12.2-6)/10

= 0.62

3 0

3 years ago

Josh is an HR Manager at RoxCom LLC. He is responsible for conducting performance appraisals for all entry-level employees in hi

Brilliant_brown [7]

Answer:

Development of perfomance standards.

Explanation:

Based on the information in the question above, Josh's next step would likely be to develop the performance standards to be implemented in the guided self-assessment system using management by objectives.

The MBO is a management strategy used in organizations so that there is continuous improvement in processes and organizational performance in the internal and external environment, so in a self-assessment system guided by the MBO it is necessary to develop performance standards so that there is a parameter of the sought-after ideal of employee performance, so that self-assessment is guided by such standards. In this type of strategic management, it is necessary to share the objectives throughout the organization, so that they are clear, precise and shared as part of the organizational culture.

3 0

3 years ago

In order for mutually beneficial trade to occur between two otherwise isolated nations, Multiple Choice each nation must face co

serg [7]

In order for mutually beneficial trade to occur between two otherwise isolated nations, each nation must be able to produce at least one good relatively cheaper than the other.

<h3>What does comparative advantage mean?</h3>

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries. A country should specialise in the production of goods for which it has a comparative advantage. This is when trade can be mutually beneficial .

To learn more about comparative advantage, please check: brainly.com/question/25812820

6 0

2 years ago

According to Mercutio, what is the "real" Romeo like? whiny, moping outgoing, witty, and sociable complex, intelligent, and deep

Mumz [18]

The following choices are:

A. whiny, moping
B. outgoing, witty, and sociable 
C. complex, intelligent, and deeply sensitive 
D. businesslike and straightforward

The correct answer is letter B. outgoing, witty and sociable. Mercutio himself likes the Romeo who is Romeo compared for the ones that is pined Rosaline.

5 0

3 years ago