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anygoal [31]
3 years ago
10

State the purpose of assets​

Business
1 answer:
oksano4ka [1.4K]3 years ago
3 0

Answer:

Assets are reported on a company's balance sheet and are bought or created to increase a firm's value or benefit the firm's operations. An asset can be thought of as something that, in the future, can generate cash flow, reduce expenses or improve sales, regardless of whether it's manufacturing equipment or a patent.

Explanation:

Hope this helps!

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Any driver under the age of 18 who are accumulates A 3 B 6 C 9 D 13 or more points within 12 months. If restricted for one year
prohojiy [21]

B. 6 points

6 points or more will restrict the minor's license for 1 year to business purposes only.

3 0
3 years ago
Grace Corp. suffered a net loss in 2020 of $250,000. The company has 230,000 common shares outstanding as of January 1, 2020, an
ladessa [460]

Answer:

-$2.24

Explanation:

For computation of EPS amount first we need to find out weighted average common shares outstanding and net income available to common stockholders the is shown below:-

Weighted average common shares outstanding = (Outstanding common shares ÷ 2) - (Treasury shares × 4 months ÷ 12 months) + (Issued shares × 2 months ÷ 12 months)

= (230,000 ÷ 2) - (11,500 × 4 ÷ 12) + (4,600 × 2 ÷ 12)

= 115,000 - 3,833.33 + 766.67

= 111,933.34

Net Income Available to Common Stockholders = Net loss - Number of shares × Par value × Shares percentage

= -$250,000 - 2,300 × $10 × 5%

= -$251,150

Earning per share = Net Income Available to Common Stockholders ÷ Weighted average common shares outstanding

= -$251,150 ÷ 111,933.34

= -$2.24

Therefore for computing the earning per share we simply applied the above formula.

7 0
3 years ago
What are some similarities and differences between Home Depot, Target, and Petsmart?
evablogger [386]

Answer:

They all are stores and having customers and sell products but a difference is they sell different things like pet food and wood power tools

7 0
3 years ago
Which of the following is not an element required for bringing a negligence claim?
mina [271]
<span>Which of the following is not an element required for bringing a negligence claim? Assumption of risk. The four elements required for a negligence claim are: duty, breach of duty, proximate cause and injury or damages. Negligence is defined as not taking proper care of something resulting in injury or harm to something or someone else.</span>
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2 years ago
What is risk, as pertains to investing?
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C:the chance you take that your investments will lose their value
3 0
3 years ago
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