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3 years ago

15

Which financial statement shows the calculation of a business's net profit by deducting the expenses from the revenue of an orga

nization for a
specified period?
A
ledger
B.
trial balance
Cincome statement
D. Journal
E
balance sheet

1 answer:

MariettaO [177]3 years ago

8 0

Why is there random characters in the sentences

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Ricardo paid an annual premium of $1,200 in total liability coverage for his car, including up to $200,000 in bodily injury cove

Umnica [9.8K]

Answer:

No, the cost of the annual premium for 10 years was less than the accident claims

Explanation:

Since in the question it is mentioned that the annual premium is $1,200, $200,000 is the bodily injury coverage and $100,000 should be the property damage coverage

Also the $40,000 and $20,000 represent the medical cost and the car damage

So here the cost should not outweight the benefit of the transferring the risk as the annual premium cost for ten years should be lower than the accident claims

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3 years ago

When you use money to purchase a new car, money serves as a: double coincidence of wants. medium of exchange. store of value. un

VikaD [51]

Answer:

medium of exchange. since it is being offered in exchange for the car

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2 years ago

In a business report, the conclusions present suggestions on how the problem might be solved Group of answer choices True False

Yuki888 [10]

Answer:

False

Explanation:

In a business report, the conclusions section explains what all the collected information means and summarizes the most important parts of the report.

While the recommendations section actually presents a list of suggestions and/or specific actions that should be taken.

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4 years ago

Nikolai knows that what his boss has asked him to do is not in the best interest of the company. He also knows that if he does n

gizmo_the_mogwai [7]

Answer:

if all else fails, slow the spread of bad practice.

Explanation:

In this scenario Nikolai knows that what his boss asked of him is wrong, and maybe for some reason he is unable to report the boss. For example if the boss has close relationship with the management it could lead to Nikolai losing his job.

As no there option is open to Nikolai the next best option will be to slow the spread of bad practice.

This is a delay tactic that can be used to reduce the impact of the bad practice pending when an action can be taken to avoid it altogether.

5 0

4 years ago

Read 2 more answers

Use the following information about the current year's operations of a company to calculate the cash paid for merchandise. Cost

Zarrin [17]

Answer:

Cash paid for merchandise is $236,800

Explanation:

Particulars Amount $

Cost of goods sold 243,000

Add: Merchandise inventory, December 31 72,700

Less: Merchandise inventory, January 1 -71,800

Purchases during the period 243,900

Add: Accounts payable, January 1 69,700

Less: Accounts payable, December 31 -76,800

Cash paid for merchandise 236,800

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3 years ago