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Tema [17]
3 years ago
13

An income statement: Select one: A. Reports the results of operations for a period B. Reports on the events causing a change in

stockholders' equity during a period C. Presents a firm's assets, liabilities, and stockholders' equity on a given date D. Reports cash inflows and outflows during a period E. None of the above
Business
1 answer:
bagirrra123 [75]3 years ago
7 0

It should be noted that an income statement A. Reports the results of operations for a period.

<h3>What is an income statement?</h3>

An income statement simply means the financial statement which shows the income and expenditure of a company.

An income statement reports the results of operations for a period. It's important to know how the company is doing financially.

Learn more about income statement on:

brainly.com/question/24778422

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âWhy would you not want to use money (e.g., quarters) as tokens in a token economy for juvenile delinquents in a residential tre
DIA [1.3K]

Answer:

Using money as tokens in a token economy for juvenile delinquents would be problematic mainly for two reasons:

1. The juvenile delinquents may steal the tokens from each other, making theft a problem in the place.

2. They might use the tokens to buy forbidden goods from outside the facility (things such as weapons or drugs).

6 0
4 years ago
Floor-On, Ltd., operates a line that produces self-adhesive tiles. This line consists of single-machine stations and is almost b
Anit [1.1K]

Answer:

The correct answer is 372 cases.

Explanation:

According to the scenario, the given data are as follows:

Average cases per day = 1,700

Total hours in one day = 16 hour

So, Average cases per hour = 1,700 ÷ 16 = 106.25 cases

cycle time = 3.5 hours

So, we can calculate the WIP level by using following formula:

WIP = Average cases per hour × cycle time

= 106.25 × 3.5

= 372 Cases ( approx.)

Hence, the WIP level is 372 cases.

3 0
4 years ago
Managers used managerial information for all of the following except a.to analyze the performance of a company's operations b.to
Sladkaya [172]

Answer:

b.to evaluate the company's stock performance

Explanation:

Evaluating a company stock performance would interest investors more than the managers of the company.  Investors are profits driven. Their primary concern is to predict the future price of a stock as accurately as possible and profit from the price movement.

Managers are concerned with the profitability and long term growth of the company. They use managerial information to understand the current state and make better plans for the future.  Managers use managerial reports to identify areas that need cost-cutting to maximize the profits.

5 0
3 years ago
A business is considered small by comparing its size to others in the same industry.True or false?
Maslowich

Answer:

The statement is: True.

Explanation:

Company size is determined by the number of employees, legal and financial structure, and market niche. Those factors will influence the production of the firm and its market share. Typically, companies with more than 1,500 workers are considered large entities but it varies according to the industry. Among similar organizations, their size can be established comparing one and another.

5 0
3 years ago
An apartment building has potential annual rents of $80,000. Expenses are $26,000. The current vacancy rate is 6%. The owner has
algol [13]

Answer:

The building is valued at $328,000 for the owner.

Explanation:

We calcualte the value of the building using the perpetuity formula:

C/r = Value

Where:

C = annual income generate for the building

<u>expected rent revenue: </u> revenue x (1 - vacancy)

80,000 x (1 - 0.06) =   75,200

expenses per year  <u>  (26,000)   </u>

<em>income per year:        49,200</em>

<em />

rate of return 15% = 15/100 = 0.15

C/r = Value

49,200 / 0.15 = <em>Value  = 328,000</em>

6 0
4 years ago
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