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erma4kov [3.2K]
3 years ago
7

Using an end-of-period spreadsheet, the flow of accounting information moves from the a.financial statements to the adjusted tri

al balance. b.adjusting entries straight to the financial statements. c.adjusted trial balance to the financial statements. d.unadjusted trial balance to the financial statements.
Business
1 answer:
ololo11 [35]3 years ago
3 0

Answer:

C. adjusted trial balance to the financial statements.

Explanation:

The end-of-period spreadsheet can be regarded as accounting tools used in summarizing the movement of transactions that has been carried out throughout an accounting period. It is a tools that give representation of the end of the current accounting period.

permanent accounts that been found

the balance sheet, which are not not closed are been consisted by The post-closing trial balance.

It should be noted that Using an end-of-period spreadsheet, the flow of accounting information moves from the

adjusted trial balance to the financial statements.

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The primary reason companies declare a large stock dividend or a stock split is to lower the trading price of the stock to a mor
Veseljchak [2.6K]

Answer:

true                                  

Explanation:

A stock dividend refers to the payout to owners that is provided not in cash but in equity. The stock dividends does have the benefit of paying stakeholders without lowering the cash flow for the business.

A stock split and option split is growing a company's amount of assets. A stock split triggers a fall in the trading price of actual securities, which does not trigger a shift in the business's market capitalisation.

Thus there is no monetary gain benefits from both the methods they are just implemented to adjust price of shares.

 

3 0
3 years ago
The market system's answer to the fundamental question "Who will get the goods and services?" is essentially:___________.
xz_007 [3.2K]

Answer:

Those willing and able to pay for them.

Explanation:

The market system is based on the interplay of demand and supply forces this forces a system where the people who get the goods and services are those who are willing to pay for them.

6 0
3 years ago
Please help me this question answer
kap26 [50]

Answer:

freedom of choice

no dispute or conflict

no need to share profit

own boss

Explanation:

5 0
3 years ago
You notice that​ Coca-Cola has a stock price of $ 41.42 and EPS of $ 1.74. Its competitor PepsiCo has EPS of $ 4.04. ​But, Jones
alexira [117]

Answer:

The estimate value of share of PepsiCo stock is  $96.152

Explanation:

Given,

Stock Price of Coca- Cola (MPS which is Market Price per share) is $41.42

EPS (Earnings Per Share) is $1.74

Putting the values in the P/E ratio, for computing the P/E ratio as:

P/E ratio = MPS / EPS

= $41.42 / $1.74

= 23.80

Jones Soda P/E ratio is 33.9

PepsiCo stock EPS is $4.04

Computing the estimate value of share of PepsiCo stock is as:

Value of share pepsico stock = EPS × P/ E ratio

= $4.04 × 23.80

= $96.152

6 0
3 years ago
Hoover Company purchased two identical inventory items. The item purchased first cost $33.00. The item purchased second cost $35
s2008m [1.1K]

Answer:

The amount of gross margin is 28 if Hoover uses the weighted average cost method

Explanation:

Based on this information, the amount of gross margin is 28 if Hoover uses the weighted average cost method.

When using the weighted average method, you divide the cost of goods available for sale by the number of units available for sale, which yields the weighted-average cost per unit.

From the scenario, the two identical inventory items purchased are:

First cost ........$33.00.

Second cost ..$35.00.

Weighted Cost = (33 x 1) + (35 x 1)] / 2 = $34

Gross profit = $62.00 (sales price) - $34 (cost) = $28

8 0
3 years ago
Read 2 more answers
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