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Mashcka [7]
3 years ago
6

A financial statement is a summary of all the financial transactions that have occurred over a particular period. Also financial

statements indicate a firm's financial health and stability, and are key factors in management decision making.
a. True
b. False
Business
1 answer:
just olya [345]3 years ago
3 0

Answer:

True

Explanation:

This is true

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In a newsvendor model where the demand has normal distribution, if Co < Cu, i.e., the overage cost is lower than the underage
mars1129 [50]

Answer:

maximum

Explanation:

The newsvendor model may be defined as the mathematical model which is characterize by the fixed prices as well as the uncertain demand for the perishable products. This model is mainly used to determine the optimal inventory level.

According to the newsvendor model, there is only one opportunity to order. The cost of buying large quantities of the products may result in disposing them or selling the products at a lower price.

The optimal ordering quantity is maximum when the underage cost is higher than the overage cost.

8 0
3 years ago
Jamie is 42 years old and received a $20,000 distribution for his roth ira established in 2009. at the time of distribution, the
Leviafan [203]
<span>The rules for the Roth early distribution are as follows : Unless an exception applies, most distributions from a Roth IRA before the owner reaches age 59 1/2 will be subject to an "early withdrawal penalty" of 10% on the amount of the distribution. This is IF a person has kept the amount in the account for his required five year tax period rule. If this condition has been met, the total penalty would be $ 2000.00</span>
3 0
4 years ago
Southern Industries uses job order costing. The following information was drawn from the Company’s monthly accounting reports: J
Vlad [161]

Answer:

The balance in the Work in Process inventory at the month end is $60

Explanation:

Work in Progress : It is a sum of direct material, direct labor and overhead expense. It shows how much percentage of work is left in the company. The work part left in the company is called work in progress.

For computing the Job 3 work in progress, the calculation part is shown below.

= Direct material + Direct labor + overhead expense

= $30 + $10 + 200% × 10

= $30 + $10 + $20

=$60

Hence, the balance in the Work in Process inventory at the month end is $60

8 0
3 years ago
Business ethics are not divorced from personal ethics, which are generally accepted principles of right and wrong goverming the
777dan777 [17]

Personal ethics

Explanation:

Personal ethics applies to the ethics that a person who identifies with in respect to the people and circumstances that they contend with in everyday life. Professional ethics means the ethics a person has to adhere to in relation to their professional relationships and business transactions.

The principles of personal ethics are:

  • Concern and respect for the autonomy of others.
  • Honesty and the willingness to comply with the law.
  • Fairness and the ability not to take undue advantage of others.

Ethics also shield members from harmful actions, such as success, money and power. They also help individuals gain a sense of truth and meaning of life. Unless you have some idea of knowing what is right and what is wrong people have no way to live and feel free to do whatever they want.

An ethical culture community offers a culture that supports the ethical conduct of the organization's members. Unethical conduct is any activity of a member who does not comply with the standards established by the organization's culture.

7 0
4 years ago
Read 2 more answers
Peter must inform his employees that his company will need to let go of employees. Which word would be best for Peter to use whe
True [87]

Answer:

"Layoff"

Explanation:

According to my research on business terminology, I can say that based on the information provided within the question the word that Peter could best use when speaking with his employees would be "Layoff". This is a business term defined as a temporary suspension or permanent termination of employment of an employee, and is usually done for various employees at a time.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
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