To accurately determine the financial performance of a company, it is necessary to compare its performance from <u>year to year</u>.
In order to accurately determine the financial performance of a company, financial statements are used in evaluating, which include the balance sheet, statement of cash flows, and the income statement.
Financial performance indicators are quite necessary as they are quantifiable metrics which are used to measure how well a company is doing. Some companies also hire an outside accounting firm to audit the financial statements.
Hence, it is necessary to compare the financial performance of a company from year to year.
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Answer:
You choose Jim since they are both similar employees and choosing your friend is OK
Explanation:
Since in the question it is mentioned that Jim and John both wants to be on the team but there is only one room that belong to other one person. Although they have the same skill and work ethics so here we should choose Jim as it is okay to select friend who have the same attributes or characteristics
Therefore the above represent the answer
Answer:
$30,900
Explanation:
The beginning finished goods is $15,400
Raw materials purchased is $18,800
The cost of goods manufactured is $34,100
Ending finished goods is $18,600
Therefore the cost of gods can be calculated as follows
= 15,400+34,100-18,600
= 49,500-18,600
= 30,900
Hence the cost of goods sold by the company is $30,900
