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andre [41]
2 years ago
13

Balance sheet is a statement of what?​

Business
1 answer:
Elena L [17]2 years ago
3 0

Answer:

I need points sorry

Explanation:

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Pizza Express Inc. began the Year 2 accounting period with $2,500 cash, $1,400 of common stock, and $1,100 of retained earnings.
Anastaziya [24]

Answer:

a) I used an excel spreadsheet since there is not enough room here.

b) Net income = $8,950

Cash flows form operating activities =

Net income                                             $8,950

Adjustments to net income:

  • Increase in account payable       <u>    $250</u>

Net cash from operating activities        $9,850

Net income is lower because a company must record revenues and expenses when they happen, not when they are associated with cash flows. This is why a company that makes all credit sales might have a large profit, but a small amount of cash (the opposite of this situation).

Download pdf
5 0
3 years ago
Which of the following functions of money enables society to gain the benefits of geographic and labor specialization? store of
grandymaker [24]

Answer:

The correct answer is: medium of exchange.

Explanation:

The medium of exchange function of money that helps the society in gaining the benefits of geographic and labor specialization.  

The medium of exchange function means that money is an asset that is widely accepted as a medium of exchange in the transactions involving the exchange of goods and services.  

The medium of exchange function of money eliminates the need for double coincidence of wants. Thus helps in labor and geographic specialization.

4 0
3 years ago
A person needing help in planning a retirement program, setting aside educational funds, and deciding where and how much to inve
Komok [63]
Hello there!

The correct answer is D. All of the above organizations provide these services.

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4 0
2 years ago
Coffee to
geniusboy [140]

Answer:

Is this reading then answering questions or....

Explanation:

I dont get the question sry but I'll try to help

5 0
2 years ago
The federal law that establishes the right to collective bargaining and limits the interference of management in the right of em
marusya05 [52]

The federal law that establishes the right to collective bargaining and limits the interference of management in the right of employees to have a collective bargaining agent is the National Labor Relations Act of 1935.

<h3>What is the National Labor Relations Act?</h3>

The National Labor Relations Act of 1935 is a key piece of American labor legislation that protects employees working in the private sector's ability to form unions, participate in collective bargaining, and conduct collective action like strikes. An important part of the law prohibited corporate unions.

By giving workers in private-sector companies the fundamental right to demand better working conditions and choice of representation without fear of punishment, the NLRA safeguards workplace democracy.

Employees have the right under the National Labor Relations Act (NLRA) to establish or join unions, take part in protected, organized actions to address or improve working conditions, or refrain from taking part in these activities.

To know more about National Labor Relations Act refer to: brainly.com/question/17309523

#SPJ4

6 0
2 years ago
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