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3 years ago

Importance of joint stock Company

Business

1 answer:

slamgirl [31]3 years ago

8 0

The market is up rn depending on what brands you trust and willing to invest in

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At the beginning of a recent year, JetBlue's assets were $6,549 million and its equity was $1,546 million. During the year, asse

Simora [160]

Answer:

Thus, the JetBlue's equity at the end of the year is $1,654 million

Explanation:

In this case, the accounting equation is used.

Accounting equation means the equation which shows double accounting entry system. Double accounting means debit side and credit side. In this accounting equation, the total assets is equal to total liabilities + total equity.

Total Assets = Total Liabilities + Total Equity

$6549 = Total Liabilities + $1,546

Total Liabilities = $5,003 million

In the question the assets is increased by $44 million whereas liabilities is decreased by $64 million.

So,

Updated asset value = $6,549+$44

= $6,593 million

Updated liabilities value = $5,003 - $64

= $4,939 million

So, the ending equity value will be

= Ending assets - Ending liabilities

= $6,593 million - $4,939 million

= $1,654 million

Thus, the JetBlue's equity at the end of the year is $1,654 million

7 0

3 years ago

A risk of marketing myopia is that sellers pay more attention to:.

valkas [14]

Answer:

the products than to customer needs.

6 0

2 years ago

Determine the amount of the 2018 standard deduction allowed in the following independent situations. In each case, assume the ta

wlad13 [49]

I believe it’s b.
Sorry if it’s wrong I’m not sure

4 0

3 years ago

On January 15, 2021, Bella Vista Company enters into a contract to build custom equipment for ABC Carpet Company. The contract s

lesya692 [45]

Answer:

recorded on March 31, 2021.

Explanation:

As we know that if there is an accural basis so the revenue is recognized and recorded when it is earned here the receipt of cash is not material for recording the revenue

Since in the given situation, the date of completion of the contract is considered for recording date of revenue as per the accrual basis

So March 31, 2021 should be considered

5 0

3 years ago

performance management requires knowing what activities and outputs are desired, observing whether they occur, and providing fee

mina [271]

The above statement is true.

An ongoing, continuous process of articulating and outlining work obligations, priorities, performance standards, and development plans that maximize performance and support organizational objectives.
The process of ensuring that a set of actions and outputs achieves the objectives of an organization effectively and efficiently is known as performance management. Performance management can be used to evaluate an employee, a department, a whole business, or the systems in place to handle certain tasks.
The performance management cycle is a smaller, continuous four-step process that uses planning, monitoring, reviewing, and rewarding as part of the performance management process or strategy.
Performance reviews, key performance indicators (KPIs), and management dashboards are a few examples of performance management procedures or instruments. Performance management is essentially what businesses undertake to increase their success and keep a step ahead of the competition.

Thus this is the meaning of performance management.

To learn more about performance management, refer: brainly.com/question/14506325

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5 0

1 year ago

Importance of joint stock Company​

Importance of joint stock Company