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
Elina [12.6K]
4 years ago
10

In the annual report, where would a financial statement reader find out if the company's financial statements give a fair depict

ion of its financial position and operating results?
a.notes to the financial statements
b.Report of Independent Registered Public Accounting Firm
c.management discussion and analysis section
d.balance sheet
Business
1 answer:
jenyasd209 [6]4 years ago
5 0

Answer:

b. Report of Independent Registered Public Accounting Firm

Explanation:

In an annual report, a certified and independent registered public accountant can give the company's financial statements are prepared reasonably. Without his consent, it is challenging for a firm to show its readers' financial statements and position. Therefore, option B is correct.

Notes to the financial statements can show the elaborate result of the financial statements. Therefore, it cannot produce fairness of the statements.

The management discussion and analysis section suggest how the company performs throughout the year. Finally, the balance sheet shows the assets, liabilities, and stockholders' statement of the current and subsequent years.

You might be interested in
Companies that develop customized business software often work closely with their users when installing their products. this clo
7nadin3 [17]
<span>This close contact often creates new product ideas through "customers input or listening to customers".

The significance of client or customer input increments with market originality of an item up to a point and after that drops off for new items, though the significance of customer input increments with technological newness of an item without dropping off. We likewise found that the significance of customer input essentially builds the utilization of client concentrated statistical surveying techniques; while, neither market nor innovative item novelty in themselves had much direct impact on explore strategies.
</span>
7 0
3 years ago
Your grandmother is gifting you $125 a month for four years while you attend college to earn your bachelor's degree. At a 6.5 pe
Darina [25.2K]

Answer:

The answer is B. $5,270.94

Explanation:

C is the cash flow per period

i is the rate of interest

n is the frequency of payment

PV of an Annuity = C x [ (1 – (1+i)^-n) / i ]

PV of an Annuity =125  x [ (1 – (1+0.065/12)^-12*4) / 0.065/12] = $5,270.94

8 0
3 years ago
Under which type of policy does the government reduce its expenditures and increase tax rates? A. contractionary monetary policy
zloy xaker [14]

Answer:

B. contractionary fiscal policy

Explanation:

The government influences economic direction through fiscal policy measures of increasing or decreasing its expenditure and taxation. Therefore, fiscal policies involve the government's actions of adjusting its spending and taxation to achieve desired economic objectives.

Fiscal policies can either be contractionary or expansionary. Contractionary measures are applied to control rising inflation and moderate the rate of growth. These policies aim at reducing liquidity in the market, thereby achieving stable prices. A reduction in government spending and an increase in taxation reduces liquidity or money circulation.

4 0
3 years ago
On January 15, Marigold Corp. sells merchandise on account to Bramble Associates for $5700 with terms 2/10, n/30. On January 20,
mr Goodwill [35]

Answer:

Marigold Corp.

The amount received from Bramble is $4,508.

Explanation:

a) Computation of Amount Received:

Jan. 15 Sales = $5,700

Jan. 20 Returns (1,100)

Balance due     $4,600

Jan. 24 discount  ($92)

Cash collected $4,508

b) Discount allowed = 2% of $4,600 = $92

c) This is in accordance with the trade terms 2/10, n/30, which allows a cash discount of 2% if payment was made within 10 days from the date of purchase, with the last allowed credit within one month.  From January 15 to January 24 is 10 days.  So, the cash discount of 2% applies on the balance due after the sales returns.

3 0
3 years ago
Many hydrothermal mineral deposits of copper, gold, silver, and other metals have been found in the countries bordering the paci
Brums [2.3K]
Qerrtuipkfszb bjgactyesouvpj jcotstick jcyo
7 0
3 years ago
Other questions:
  • Video Planet (VP) sells a big screen TV package consisting of a 60-inch plasma TV, a universal remote, and on-site installation
    10·1 answer
  • How to paraphrase this information
    10·1 answer
  • Greg is planning an advertising campaign to promote his kayak tour company. The success of his ad campaign depends on ________.
    8·1 answer
  • Setting aside the political issues between North Korea and the United States, is there a reasonable way to respond to an anonymo
    9·1 answer
  • . A tech company loses a high-profile patent-infringement case against its top competitor. Which of the following is true? a. De
    9·1 answer
  • AB Builders, Inc., has 18-year bonds outstanding with a par value of $2,000 and a quoted price of 102.037. The bonds pay interes
    10·1 answer
  • The company expects dividends to growth at 20% per year for the next 12 years and eventually leveling off at 9% into perpetuity.
    13·1 answer
  • Copy Center pays an average wage of $12 per hour to employees for printing and copying jobs, and allocates $18 of overhead for e
    8·1 answer
  • A vintner is deciding when to release a vintage of sauvignon blanc. If it is bottled and released​ now, the wine will be worth $
    7·1 answer
  • Just prior to completing the adjusted trial balance, Paula prepared the __________ section. After she finishes the adjusted tria
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!