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Serjik [45]
2 years ago
8

What are Financial Statements??​

Business
2 answers:
kiruha [24]2 years ago
7 0

Answer:

Financial statements are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to understand.

Explanation:

Hope this helps

attashe74 [19]2 years ago
3 0

Answer:

Financial statements are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to understand. Wikipedia

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Many gas stations with convenience stores sell gas at, or close to, cost. In these organizations, profit comes from the convenie
OLga [1]

Answer: build traffic.

Explanation:

The pricing model employed by such gas stations is built in a way to drive traffic. traffic is important and has an impact in many ways  1. low traffic can bog your business down at some level.

2. When you increase your traffic along with the quality of the visitors, the better you will be able to increase your sales.

traffic in this context refers to customers the more you are able to pull customers over the more sales you make.

4 0
3 years ago
Acheron Co.'s December 31, Year 1, balance sheet contained the following items in the long-term liabilities section: Unsecured 5
Butoxors [25]

Answer:

Term bond $725,000

Debenture bonds $775,000

Explanation:

Calculation to determine the total amounts of term bonds and debenture bonds

TERM BONDS

6.5% unsecured convertible bonds of $225,000

Add 4.875% guaranty secured bonds of $500,000

TOTAL term bond total $725,000

($225,000+$500,00

DEBENTURE BONDS

5.375% registered bonds of $550,000

Add 6.5% convertible bonds of $225,000,

TOTAL Debenture bonds $775,000

($550,000+$225,000)

Therefore the total amounts of term bonds will be $725,000 and debenture bonds will be $775,000

4 0
2 years ago
Read 2 more answers
Which of the following would be considered a capital expenditure?
Alborosie

Answer:

B. Paying city inspection fees for new equipment

Explanation:

Capital expenditure is an expense incurred by the business to maintain its fixed assets with an objective to increase its efficiency. Any additions and improvements in fixed assets is an capital expenditure.

City inspection is required to evaluate the working condition of the asset and any fees paid for it, is a capital expenditure.

Interest payment on construction bonds, lease rental payments of assets and mortgage interest on asset is a liability payable in intervals and all they are operating expense and not considered to be capital expenditure.

8 0
2 years ago
While it may not be possible to make the receiver happy when you deliver bad news, you can reduce bad feelings by structuring yo
OlgaM077 [116]

Answer:

  • Care and concerned use A) Unnderstanding
  • open to bad news C) When it may benefit them or somebody else
  • Candidate interview... C) close with good wishes  D) Buffer the opening
  • Forgot to turn in report .... B) Accept responsibility of the mistake D) Apologize with sincerity
  • Bakery customer ... A) Defensive remark B) freebie or promotional discount C) a statement of company policy regarding refund
  • It provides no explanantion. A) It makes a promise that might br difficult to keep

Explanation:

  • To make somebody feel cared you must show understanding of his/her problems.
  • People are open to bad news if you present them with facts and tell about the best possible outcome for everyone
  • Reject a candidat with good wishes and providing feedback on his/her application.
  • When you make a mistake accept responsibility and apologize with sincerity. You must try to suggest an alternative to make up for your mistake
  • Defend your product with a remark that would gain understanding of the customer. Adhere to the company policy and offer something to make the customer happy
  • The letter doesn't mention any reason for not being able to make exceptions. A promise is made that might be difficult to keep as different people may have different expectations for "bigger bonus checks"
7 0
3 years ago
What refers to a thorough analysis of the circulation procedures, outlets of distribution, readers, and other factors by compani
Elodia [21]

Answer:

circulation audit

Explanation:

A circulation audit is a term that describes a distinct form of audit which validates publisher's real printing and distribution, and at the same time, verifies publisher's books, records, and documents relating to circulation.

In other words, it is considered as a standardized, authoritative statement of a publication's printing, distribution, and readership.

Hence, CIRCULATION AUDIT refers to a thorough analysis of the circulation procedures, outlets of distribution, readers, and other factors by companies such as ABC

4 0
2 years ago
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