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solmaris [256]
3 years ago
10

Profit on sale of fixed assets is used to creat

Business
1 answer:
Nadya [2.5K]3 years ago
4 0

Answer:

profit and loss account

Explanation:

The turnover ratio of total working capital shows the success of working capital management. It is in fact a ratio that expresses how many times on average, during one year, working capital was used to pay the total expenses of the company.

A combination of data from the balance sheet and income statement is obtained, more specifically, it is the ratio of total business spread and average working capital of the company

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One reason there is a need for integrated marketing communications is that​ __________.
ELEN [110]

One reason there is a need for integrated marketing communications is that consumers​ don't distinguish between content sources the way marketers do.

Explanation:

Integrated messaging in marketing is a simple concept. This guarantees the diligent relation of all forms of communication and communications. Integrated marketing communications, or IMC, as we will term it, at its fundamental level, involves combining all promotional instruments in a harmonious fashion.

For example, an IMC is used to convey campaign messages through various channels. This increases the efficiency of activities used to turn foreigners into prospects and customers.

6 0
3 years ago
Pina Corporation began operations on January 1, 2014. During its first 3 years of operations, Pina reported net income and decla
Sophie [7]

Answer:

The retained earnings statement showed a closing retained earnings of $226,120.00  as at 2017 year end.

Explanation:

In arriving at the closing retained earnings , I treated prior items retrospectively- that is as if the impact of such items have been in the accounts from day one,less the tax effect of all items involved.

For instance ,I deducted the understatement of depreciation in 2015 less of tax impact of 40%

Kindly find attached  for details.

Download xlsx
7 0
3 years ago
On December 31 of the current​ year, Pilozzi Company has the following information​ available:
Aleksandr [31]

Answer:

On December 31 of the current​ year, can the Board of Directors declare and pay a cash dividend of $ 2 ​million

If the company don´'t have enough cash on hand to distribute the previously announced sum to shareholders, it may have to borrow funds to honor the dividend payment.

Explanation:

Companies can pay dividends in  cash or additional shares.

If the company don´'t have enough cash on hand to distribute the previously announced sum to shareholders, it may have to borrow funds to honor the dividend payment.

6 0
3 years ago
Should underperforming restaurants be closed or sold?
crimeas [40]

Answer:

sold

Explanation:

Underperforming restaurants are those restaurants  which does not perform well. The restaurant does not run properly and no people or less people visits the restaurant for eating.

This can be due to several factors. The restaurant's location may not be good, the restaurant may not provide good quality and tasty food, or people might not find their required menu in that restaurant. All these factors leads to less people visiting the restaurant and less revenue generation.

In such a case, the owner of the restaurant must sell the restaurant to some other party so that he does not undergo any losses. By selling the property he will get some amount of his investment which he could utilize in his further projects.

Also by selling the restaurant, the employees of that restaurant will not go out of job and can feed their family.

So, the restaurant should be sold.

7 0
4 years ago
Money managers:
yawa3891 [41]
The answer is D) are on the "but side" of Wall Street.
Just read the text. I'm 100% sure. Text below.

7 0
3 years ago
Read 2 more answers
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