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3 years ago

Which one of the following statements is correct?

Business

1 answer:

-Dominant- [34]3 years ago

8 0

Answer:

b. Financial statements are frequently the basis used for performance evaluations.

Explanation:

The financial statements are the accounting reports of an organization, through these documents it is possible to analyze what is the financial situation of a company in the internal and external environment, what are its greatest strengths and weaknesses.

They are instruments for evaluating organizational performance because they provide essential information about the general accounting situation of a company, which ensures greater reliability for a manager to make a decision directed to correct a problem or strategic implementation to achieve a certain result. It also allows stakeholders to analyze essential data and information when deciding to invest or do business with a particular company.

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To help fund his start-up business, Marc charged $400 worth of goods on his credit card. On his first bill, he was not charged a

Bogdan [553]

Answer:

$7.96

Explanation:

the first month's principal balance = $400 (initial purchase) - $20 (first payment) = $380

the second month's principal balance = $380 (carried over) + $18 (second purchase) = $398

the interest charged on the second month's principal = $398 x 2% = $7.96

7 0

3 years ago

Read 2 more answers

Using the sequential method, Pone Hill Company allocates Janitorial Department costs based on square footage serviced. It alloca

Tpy6a [65]

Answer:

10% of the Janitorial Department's $450,000 costs is allocated to the Cutting Department

Explanation:

Given:

Costs Square Feet Number of Employees

Janitorial Department $450,000 100 20

Cafeteria Department $200,000 10,000 10

Cutting Department $1,500,000 2,000 60

Assembly Department $3,000,000 8,000 20

Cafeteria Cutting Assembly Total

Department department department

Square feet 10,000 2,000 8,000 20,000

% of allocation 50% 10% 40%

$\frac{10,000}{20,000}$ × 100 $\frac{2,000}{20,000}$ × 100 $\frac{8,000}{20,000}$ × 100

Hence, % usage by the cutting department is 10%

5 0

3 years ago

IRB continuing review of a greater than minimal risk approved protocol that is currently enrolling subjects must ______________-

Stolb23 [73]

Answer:

Occur at least annually

Explanation:

Greater than minimal risk protocols that have been approved must undergo review at least once a year. However IRBs usually specify a shorter period than this for reviews. The principal investigator holds the duty of ensuring that signed consent forms are kept confidential. The IRB are not required to review these confidential forms.

6 0

3 years ago

With free trade, that is, assuming no tariff, the outputs produced by domestic and foreign producers would be:_______.

SIZIF [17.4K]

The Correct 1 unit and 15 units are the outputs produced by domestic and foreign producers with free trade assuming there is no tariff.

<h3>What is a free trade?</h3>

This refers to an international business policies that occurs when goods and services can be bought and sold between countries without tariffs, quotas or other restrictions being applied.

This policy tends to increase the volume of international trade among member countries and also allow them to increase their specialization in their respective comparative advantages.

Hence, in the graph given, the Correct 1 unit and 15 units are the outputs produced by domestic and foreign producers with free trade assuming there is no tariff.