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
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
You might be interested in
Which of the following statements is CORRECT? a. If an investor buys enough stocks, he or she can, through diversification, elim
Len [333]

Answer:

C. A security's beta measures its non-diversifiable, or market, risk relative to that of an average stock.

8 0
3 years ago
Item 15Item 15If Beck's Bicycles, Inc.'s income statement shows gross profit of $350 million, with operating expenses of $120 mi
Alinara [238K]

Answer:

$161 million

Explanation:

Given that,

Gross profit = $350 million

Operating expenses = $120 million

Tax rate = 30%

First, we need to find out the income before taxes by subtracting operating expenses from the gross profit then we are able to determine net income after taxes.

Income before tax:

= Gross profit - Operating expenses

= $350 million - $120 million

= $230 million

Net income after taxes:

= Income before tax - Taxes

= $230 million - (0.30 × $230 million)

= $230 million - $69 million

= $161 million

8 0
3 years ago
You own a portfolio which is valued at $12.0 million and which has a beta of 1.35.
REY [17]

Answer: 16 S&P 500 futures contracts

Explanation:

The number of contracts can be calculated by:

= (1 * beta) × Stock value/(Contract size * Index level)

= 1.35 × 12,000,000 / ( 250 * 3,983)

= 1.35 × 12,000,000 / ‭995,750‬

= 16 S&P 500 futures contracts

8 0
3 years ago
Over dinner, Ross complained about how prices have increased a great deal over the past year. Brenda disagrees, saying that the
Xelga [282]

Answer:

CPI  

Explanation: CPI measures the average changes in prices overtimes that consumers pay for a basket of goods and services commonly known as inflation. It attempts to qualify the aggregate price level in an economy and thus measure the purchasing power of the country's unit of currency. The weighted average of the prices of goods and services that approximates an individual's consumption pattern is used to calculate the CPI.  

CPI is used as an economic indicator.  

It is more used to measure inflation.

CPI covers professionals, self-employed, poor, unemployed and retired person  

Two care reported each time CPI-W and CPI-U

4 0
2 years ago
Consider the game in extensive form above. In the backward induction solution to this game Player 1 plays strategy and Player 2
Brrunno [24]

Answer:

answer can be seen in the attached file

Explanation:

Consider the game in extensive form above. In the backward induction solution to this game Player 1 plays strategy and Player 2 plays strategy (Please, label Player 1's strategies by A, B, and C, and Player 2's strategies as df, dg, ef, and so forth)

What is Game Theory?

This is a mathematical modelling that deals  with the analysis of strategies for dealing with competitive situations where the result of a participant's choice of action depends critically on the actions of other participants. Game theory has been applied to  in war, business, and biology, sport.

In Game theory, outcome is dependent on the contributions of competing parties

3 0
3 years ago
Other questions:
  • Consider the expenditures listed below and classify each of the expenditures as a capital expenditure or a revenue expenditure r
    7·1 answer
  • Judy Billows, owner of Billows Manufacturing has called a meeting with her department heads. She presents last year's contributi
    9·2 answers
  • "Consider the futures contract written on the S&P 500 index and maturing in one year. The interest rate is 3%, and the futur
    8·1 answer
  • John and Diana have been married for several years and share a goal of owning a 2nd home on the New Jersey shore in 8 years. The
    15·1 answer
  • This year, Amy purchased $1,900 of equipment for use in her business. However, the machine was damaged in a traffic accident whi
    11·1 answer
  • How does the service enterprise contribute to the economic growth of the country?
    14·1 answer
  • The guy who put letters in math is the reason im failing in geometry im just like
    12·1 answer
  • Corina has added animations to objects on a particular slide within a presentation. She needs to reorder the animations. How sho
    8·1 answer
  • Oriental Corporation has gathered the following data on a proposed investment project (Ignore income taxes.): Investment in depr
    12·1 answer
  • Kim-Lee founded a software development company at the age of 27. Over time, he developed the company into a multibillion-dollar
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!