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Aneli [31]
3 years ago
10

The ________ statement might be chosen by a company because it highlights the components of net income.

Business
2 answers:
Oliga [24]3 years ago
7 0

The Financial statement might be chosen by a company because it highlights the components of net income.

<h3>What is Financial statement?</h3>

Financial statement are materials or tools that can be used to monitor a company or firm's performance. It can be in form of written document including the financial activity of a company over a given period of time.

It include the income of a company as well as expenses.

Therefore, the Financial statement might be chosen by a company because it highlights the components of net income.

Learn more on income statement her,

brainly.com/question/21851842

steposvetlana [31]3 years ago
4 0

The financial statement that highlights the components of net income is the income statement.

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

The income statement is a financial statement that contains the record of a company's income and expenses in a financial year. It is used for determining if a company is earning a profit or a loss.

It also contains components that explains the net income of the company.

To learn more about income statement, please check: brainly.com/question/9060570

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Franklin corporation issues $97,000, 8%, 5-year bonds on January 1, for $101,370. Interest is paid semiannually on January 1 and
Scrat [10]

Answer:

c. $3,443

Explanation:

Date     Account Titles                              Debit      Credit

Jan 1     Cash                                              101370

                  Bond payable                                          97000

                  Premium on issue of bonds                    4,370

                   (101370-97000)

Jul 1        Interest expenses (3680 - 437)  3,443

              Premium on issue on bond         437

              (4379/5 * 6/12)

                     Cash (97,000*8%*6/12)                          3,800

5 0
3 years ago
How does money serve as a store of value?
nika2105 [10]
However much money serves as a value
7 0
3 years ago
At the beginning of its fiscal year, the Town of Harmon estimates that its revenues for street maintenance activities are $100,0
KATRIN_1 [288]

Answer:

The amount that the Town of Harmon currently have available to spend for street maintenance supplies is $20,000.

Explanation:

From the question, we can obtain the following:

Amount appropriated for street maintenance supplies = $90,000

Outstanding encumbrances for street maintenance supplies = $40,000

Expenditures incurred for street maintenance supplies = $30,000

Therefore, we have:

Amount currently available to spend for street maintenance supplies = Amount appropriated for street maintenance supplies - Outstanding encumbrances for street maintenance supplies - Expenditures incurred for street maintenance supplies = $90,000 - $40,000 - $30,000 = $20,000

Therefore, the amount that the Town of Harmon currently have available to spend for street maintenance supplies is $20,000.

8 0
3 years ago
Write me a 8 sentence pitch or more for a donut shop
ValentinkaMS [17]

Answer:

come down to our donut shop. please come down and get some donuts. we sell the best donuts here. thank you for your consideration.

we hope you enjoy our donuts.

Explanation:

haha

8 0
3 years ago
The Larson and Gobeli study that compared projects that had been managed in a variety of structural types revealed that new prod
Gelneren [198K]

Answer:

Project organization.

Explanation:

The Erik W. Larson and David H. Gobeli study that compared projects that had been managed in a variety of structural types revealed that new product development projects tended to be most effectively executed when the organizational structure was a project organization.

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3 years ago
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