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liraira [26]
3 years ago
15

How do you prepare a balance sheet

Business
2 answers:
Romashka [77]3 years ago
5 0

Answer:

1.

Determine the reporting Date and period. 2. Identify your assets. 3. Identify your liabilities.

4. Calculate shareholders' equity.

Add total liabilities to total shareholders' equity and compare to the assets.

Scilla [17]3 years ago
4 0
Determine the Reporting Date and Period. ...
Identify Your Assets. ...
Identify Your Liabilities. ...
Calculate Shareholders' Equity. ...
Add Total Liabilities to Total Shareholders' Equity and Compare to Assets.
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Joint ventures: a. are an alternative to new ventures. b. are attractive when entry barriers are high. c. are attractive when sp
Dafna11 [192]

Answer:

Are an alternative to new ventures.

Explanation:

Joint ventures is a business arrangement between two of more organisations to form a partnership. The oganisations involved share ownership, profits, investments.

A joint venture provides access to a large number of resources and it also provides the opportunity to gain new insight and expertise.

Different organizations enter into joint venture for either the purpose of a production process or research avtivity.

3 0
3 years ago
Specific statements detailing what the organization intends to accomplish over a short period of time are call
kondor19780726 [428]

Specific statements detailing what the organization intends to accomplish over a short period of time are called objectives. Objectives are stated by the company to keep goals on track and allow the organization to monitor their growth and completion. By keeping objectives open to everyone within the organization, it makes it easier for employees to stay on task and make sure by the end of the period, everything is done.

3 0
3 years ago
“Wealth Management Crisis aat UBS” (see file attached)
Delicious77 [7]

1. Based on the <em>“Wealth Management Crisis at UBS,”</em> my opinion is that the government and national culture of Switzerland, the U.S. Treasury, and some corrupt governments around the world, played a major role in aiding the tax fraud scandal committed by more than 52,000 U.S. residents.

The extent to which the corporate culture of UBS also contributed to the scandal is that the bank continued to help these U.S. residents to hide billions of dollars in untaxed assets.  Why should the bank deliberately hide accounts for U.S. residents?

2. The global financial crisis between 2007 and 2009 helped in uncovering the secret accounts and tax fraud scandal because its challenges encouraged the U.S. Department of Justice (DOJ) decided to investigate the tax frauds committed by foreign account holders.

The implication is that without the global financial crisis, the investigations that uncovered the tax fraud would not have been initiated by the U.S. Department of Justice (DOJ) soon.

3. It matters to the entities that could have been impacted by the scandal.  For instance, the U.S. Treasury was being deprived of hundreds of millions of dollars in taxes, according to the report.

Without the bailment from the Swiss government, UBS would have collapsed.  Many account holders would have lost their savings in the process.

There is no way no losses would not have been incurred if the scandal continued.

4. Importantly, we are not supposed to wait for the next global recession to uncover similar financial scandals and tax frauds around the world.

Thus, tax havens, like the UBS, must come under rigorous investigations from time to time.  Such regular investigations would deter would-be tax fraudsters and assets looters from committing to hiding their accounts.

Learn more about asset looting and Wealth Management crises at brainly.com/question/24554162 and brainly.com/question/25664180

7 0
2 years ago
Adding a chart to the header of a form will result in a(n)
Sonbull [250]

Answer:

Chart without a legend.

Hope this helped.

8 0
3 years ago
Construction ManagementA construction company is building a new neighborhood, and they are currently working on the design. Each
VLD [36.1K]

Answer:

Answer is described below.

Explanation:

POINTS TO NOTE:

1. Each house will be built using one (only one) of three major building materials - wood, brick, concrete.

2. The linear (in a line or side-by-side) arrangement of the houses will be such that no house will have the same material as the one beside it.

3. The cost of materials for each house will vary.

ANSWER: The minimum cost needed to complete the neighborhood depends on two things;

- The cost of each type of house (cost of a wood house, cost of a brick house, cost of a concrete house)

- The number of each type of house to be built. Or, the number of houses to be built; bearing in mind that they must be arranged without consecutive repetition. Hence, how much will a wood house cost? How much will a brick house cost? How much will a concrete house cost?

Knowing these, the minimum cost needed to complete the neighborhood can be found. If it's going to be 6 houses in the neighborhood for instance and a wood house costs $40, a brick house costs $50 and a concrete house costs $60; the minimum cost to set up the neighborhood will be:

2(40) + 2(50) + 2(60) = 80+100+120 = $300

The number of each type of house will be 2 because same-material houses cannot stay side-by-side. If the rule wasn't there and all the houses were to be concrete, the total cost would be 6(60) = $360

7 0
3 years ago
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