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aivan3 [116]
3 years ago
12

Why does an organization prepare a Balance Sheet? A. to reveal what the organization owns and owes at a point in time B. to reve

al how well the company utilizes its cash C. to calculate retained earnings for a given accounting period D. to calculate gross profit for a given accounting period
Business
1 answer:
Airida [17]3 years ago
7 0
Well I belive that the correct answer should be b
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Answer:

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Explanation:

Calculation of what the next year's CPI will equal

Using this formula

Next year's CPI=[Consumer price index (CPI) +(Consumer price index (CPI) *Inflation rate

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Next year's CPI=[240+(240*5%)]

Next year's CPI=240+12

Next year's CPI=252.

Therefore the next year's CPI will equal 252

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Which of the following is a part of applying for a loan?
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