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Pepsi [2]
3 years ago
10

 Please answer both questions in complete sentences. I will make u brainliest if u got the best one thanks

Business
1 answer:
nikklg [1K]3 years ago
6 0
1) In its simplest form, your balance sheet can be divided into two categories: assets and liabilities. Assets are the items your company owns that can provide future economic benefit. Liabilities are what you owe other parties. In short, assets put money in your pocket, and liabilities take money out.
Assets add value to your company and increase your company's equity, while liabilities decrease your company's value and equity. The more your assets outweigh your liabilities, the stronger the financial health of your business. But if you find yourself with more liabilities than assets, you may be on the cusp of going out of business.
Examples of assets are:
-Cash
-Investments
-Inventory
-Office equipment
-Machinery
-Real estate
-Company-owned vehicles
Examples of liabilities are:
-Bank debt
-Mortgage debt
-Money owed to suppliers (accounts payable)
2) Personal assets are things of present or future value owned by an individual or household. Common examples of personal assets include: Cash and cash equivalents, certificates of deposit, checking, and savings accounts, money market accounts, physical cash, Treasury bills and your life liabilities are all those things which decrease your ability to lead a good life and can potentially have a negative impact on your future.

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False.

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2 years ago
What is meaning of GST​
bogdanovich [222]

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goods and service tax I think that is the answer

4 0
3 years ago
Which of the following represents the normal sequence in which the below budgets are prepared? a. Sales budget, budgeted balance
zloy xaker [14]

Answer:

c. Sales budget, budgeted income statement, budgeted balance sheet

Explanation:

First, we calculate the sales for the period. It would also calculatethe cash proceeds from sales, which will be useful for the balance sheet.

With that, we can plug sales revenue into the income statement and calcualte the net income.

And with the income statement, we can solve for retained earnings and build up the balance sheet. Among other data

Doing it in any other order, we are going to leave blanks and need to do the next one to fill them. In the proposed orde,r we do not need information from the subsequent budget to complete the previous one, which is good.

6 0
3 years ago
when darren met the ceo of his company for the first time, he made sure to give the boss a firm handshake and a smile. darren wa
Igoryamba

Impression management was practised by darren.

Impression management is the subconscious or conscious effort to influence other people's perceptions, decisions, and opinions.

Impression management (also known as self-presentation) refers to the processes by which people control how others perceive them. People are more motivated to control how others perceive them when they believe that their public images are important in achieving desired goals, the goals for which their impressions are important, and there is a gap between how they want to be perceived and how others perceive them. The actions people take to persuade others to think about a concept in a certain way are referred to as impression management. People use impression management to either reinforce or change their current opinions, depending on their goals.

brainly.com/question/2725280

#SPJ4

8 0
1 year ago
Jose wants to be sure he maintains a high credit score as he is planning to buy a new car soon. What should be do to ensure his
lidiya [134]
What should be do to ensure his score stays high, allowing him to buy his dream car? B Pay off his credit card balance each month. When wanting to buy a new vehicle or any high priced item that requires a loan it is smart to make sure your credit score is high to make sure you get the best deal and interest rate. Out of the given choices, Jose making sure that his credit card balance is paid off each month saves him money by not paying interest and also shows lenders he is able to borrow money but pay it back on time.<span> </span>
4 0
3 years ago
Read 2 more answers
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