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Serjik [45]
3 years ago
8

What are Financial Statements??​

Business
2 answers:
kiruha [24]3 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]3 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

You might be interested in
Once a firm has gained insights from doing qualitative research, it is likely to engage in ______ research, which are structured
Allushta [10]

Answer:

Quantitative

Explanation:

The reason is that a good research report includes qualitative and quantitative research. Qualitative research is non numerical data and it give information which helps in meaning making whereas the quantitative research is a research in which the researcher tries to find the numerical relation using quantifiable data, which is investigated through number of means which includes use of mathematics, principles, etc techniques to extract data. So the qualitative research is done here and the only thing the company requires is quantitative data.

3 0
4 years ago
Which loan type allows you borrow up to the cost of attendance, minus other aid you have received?.
nikdorinn [45]

A subsidized loan is such a loan where the borrower is allowed to borrow up to the cost of attendance less any other aids received.

<h3>What is a subsidized loan?</h3>

A type of education or student loan where the amount to be borrowed is determined as per the cost of the student's attendance, which is subtracted from other financial benefits received in this regard, is known as a subsidized loan.

Hence, subsidized loan is explained as above.

Learn more about subsidized loans here:

brainly.com/question/2256061

#SPJ1

4 0
2 years ago
Which of the following mechanisms would be most likely to help motivate managers to act in the best interests of shareholders?
myrzilka [38]

Answer:

The correct answer is d) Increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries.

Explanation:

Option D. represents two situations that perfectly describe the interest that the shareholders pursue: the maximization of the profits of the company where they have their resources invested.

The shareholder, on the other hand, is also an investor, since he contributes capital with a view to obtaining a dividend.

Its investment is said to be in equities, given that there is no contract through which the shareholder will receive fixed fees in return for his investment. Their remuneration is through two ways:

  1. Dividend
  2. Increase in the price of the company. This is produced by its good progress and its ability to generate future benefits, as well as by the increase in assets through past benefits.
5 0
3 years ago
Bressette Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.20 Direct labor
Ugo [173]

Answer:

$65,750

Explanation:

Given:

Direct materials = $6.20

Direct labor = $3.70

Variable manufacturing overhead = $1.25

Fixed manufacturing overhead = $10,000

Sales commissions = $1.50

Variable administrative expense = $0.50

Fixed selling and administrative expense = $5,000

Number of unit Produced = 5,000 units

Calculation:

Production Cost = Direct Material cost + Direct labor cost + variable manufacturing overhead + Fixed manufacturing overheads.

= (5000 x $6.20) + (5000 x $3.70) + (5000 x $1.25) + $10,000

= ($31,000) + ($18,500) + ($6,250) + $10,000

= $65,750

8 0
3 years ago
What are the organization's production and purchasing strategies for apple inc?
aniked [119]
There are nothing just read better
5 0
3 years ago
Read 2 more answers
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