Answer:
5
Explanation:
A reporting entity is any entity in men or organizations that depends on the financial report produced by an organization for an understanding of the financial performances and position for the purpose of decision making. This can be investors and other stakeholders in the business.
In the scenario given , the relative parties that will rely of the financial report are
David Herbert as the Entrepreneur , Herbert Enterprises which prepare the report ,George , Herbert's brother an investor , First federal bank , a loan provider and City properties.
Pretty sure it’s B since Marcos is using cash
Answer:
$242,168.82
Explanation:
Inventory on December 31, 2021
Cost. Retail
Beginning inventory 300,000 291,000
Add: purchases 581,000 928,000
Add: freight in. 19,000
Add: net markups. 31,000
900,000 1,250,000
Less net markdown. 5,000
Goods available for 900,000 1,245,000
Cost to retail %
900,000/1,245,000
0.722891566
Less: net sales. 910,000
Estimated ending 335,000
Estimated ending inventory at cost
335,000 × 0.722891566
242,168.82
Answer:
Option A Written report that quantitatively describes a firm's financial health
Explanation:
The reason is that the financial statements reflects the firm's finanacial health in terms of profits & losses, Assets and its worth, Cash flows and Equity at the year end. This gives an overview where the company is heading. Financial statements gives an overview how the company has managed its costs, increased profits, increased investments, cash generation from core operations, etc. It has wide number of use for decision making purposes for its stakeholders.
<span>Change the ad delivery method from “Accelerated” to “Standard”
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Explanation and more answers: http://www.certificationanswers.com/en/your-clients-campaign-is-consistently-meeting-its-average-dai....