1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
maw [93]
3 years ago
8

Why does the balance sheet report the accounts at a point in time while the income statement and statement of owner’s equity rep

ort the activity for a period of time?
Business
1 answer:
garik1379 [7]3 years ago
7 0
I don’t she reports only one account at a time because if it overload of multiple Stephen Stephen you can possibly crash causing business millions of dollars
You might be interested in
Our newly constructed retail space is projected to need a face lift in 7 years to keep up with changing tastes. Our projections
Rudiy27

Answer:

Annual deposit = $326,265.88  

Explanation:

<em>The amount to be set aside annually to accumulate $2.5 million in 7 years time ca n be worked out using the future value of an ordinary annuity formula.</em>

The formula is given as follows:

FV = A×( (1+r)^n - 1)/r).

A= FV/ ((1+r)^n - 1)/r

FV - Future value

A- annual deposit

n- number of years

r- rate of return

FV - $2.5 million

A- ?

n- 7

A=2,500,000 ÷ (1.03^7 - 1)/0.03 =  326,265.88  

Annual deposit = $326,265.88  

4 0
3 years ago
Draw a labor supply curve and a labor demand curve. Label them LS0 and LD0. Draw a point the equilibrium quantity of labor and t
Kaylis [27]

Answer:

employment increases and a given amount of employment produced more real GDP.

Explanation:

Labor productivity is the measurement of the hourly output of a country's economy. This tells us the amount of GDP that is produced by an hour of labor. On the other hand, GDP (Gross Domestic Product) is the monetary value of all goods and services within a country in a specific period of time. Therefore, when we have an increase in labor productivity, we also have an increase in potential GDP because employment increases and a given amount of employment produces more real GDP.

6 0
4 years ago
The basic difference in the economic effects of a tariff compared with a quota is that a:
Paul [167]
The basic difference in the economic effects of a tariff compared with a quota is that tariff is more likely to generate revenue for the government. Both of tariff and quota are forms of governmental regulation for protecting the international trade with other countries. Tariff is undertaken by government to protect the international trade by maintaining the tax rate of the trade. Quota is undertaken by government by maintaining the quantity of the items in the trade. These regulations impact importers or exporters in a country.
8 0
3 years ago
Norman Delivery Company purchased a new delivery truck for $36,000 on April 1, 2019. The truck is expected to have a service lif
ArbitrLikvidat [17]

Answer:

2019 = 2750

2020 = 5500

Explanation:

Given that:

Cost of truck = $36000

Salvage value = $3000

Useful life = 120, 000 miles

(Cost of asset - salvage value) / useful life

(36000 - 3000) / 120,000 = 0.275

2019 : 0.275 x 10,000 = 2750

2020 : 0.275 * 20000 = 5500

3 0
3 years ago
One of the following statements is false. Which is it? i the time horizon and size of time bucket for the master production sche
tia_tia [17]

The statement III Aggregate plans often perform planning for fictitious/abstract products.

Combination-making plans refer back to the method of developing, retaining, and reading the approximate scope of the operations of a commercial enterprise corporation. It commonly includes targeted profits forecasts, stock stages, and manufacturing levels.

Aggregate planning is typically finished 365 days into the destiny. a few examples of combination making plans are hiring short people, shedding employees for a selected period, or bypassing education. This works as a powerful benchmark for diploma beneficial resource utilization and implementation.

The time period mixture means that the making of plans is completed for a single traditional measure of output or, on the maximum, a few aggregated product lessons. The purpose of aggregate planning is to set traditional output ranges within the near medium destiny in the face of fluctuating or unsure needs.

Learn more about the aggregate plan here brainly.com/question/18803972

#SPJ4

8 0
2 years ago
Other questions:
  • Expert systems have been most successful when the range of the human expertise being replicated is?
    6·1 answer
  • Select the correct answer. Parker is designing the compensation package for a candidate selected for the position of a software
    15·1 answer
  • American Food Services, Inc., acquired a packaging machine from Barton and Barton Corporation. Barton and Barton completed const
    9·1 answer
  • Question
    5·1 answer
  • Prat Corp. started the 2018 accounting period with $38,000 of assets (all cash), $16,000 of liabilities, and $13,000 of common s
    6·1 answer
  • Consumer protection and services provided by government include all but ____.
    8·1 answer
  • Suppose that the federal budget deficit increases. the increase in government borrowing will cause interest rates to ▼ rise fall
    14·1 answer
  • Last year, you purchased a stock at a price of $64.00 a share. Over the course of the year, you received $2.20 per share in divi
    7·1 answer
  • MC Qu. 101 The following information... The following information describes a company's usage of direct labor in a recent period
    14·1 answer
  • The cpi was 220 in 2012 and 231 in 2013. phil borrowed money in 2012 and repaid the loan in 2013. if the nominal interest rate o
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!