Which of the following financial statements shows a company’s financial position on a particular date? a. Income statement b. Statement of changes in retained earnings c. Statement of cash flows d. Balance sheet

Answers

Answer 1

Answer:

Answer: D

Explanation: Another name for Statement of Financial Performance is a Balance Sheet and it shows the Financial Position of firms as at a particular date and with the appropriate currency.

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Why would someone compare past and present performance of the same company or compare business performance against the performance of other businesses in the same industry? A) To determine market demand B) To calculate taxes C) To identify areas for improvement D) To set employee salaries
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The first and most important step in the posting procedure isA. posting the amount.
B. posting the date.
C. posting the explanation.
D. recording the posting reference information.

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The answer is B. Posting the date.
Here's the sequence of posting procedures.
First, Posting the date.
Second, posting the amount of the transactions.
Third,posting the page number of the journal in the Post. Ref. column of the ledger account.
And lastly, recording the posting ref. information

A producer in a monopoly will charge _____ price for jeans than a jeans producer in a competitive market.a higher
a lower
the same

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Basic economics dictates that in a capitalistic supply and demand driven economy, producers in a monopoly will charge higher prices than products produced in a competitive environment. Monopolies can charge the highest price a market can bear as they are the sole supplier of a product. In a competitive environment multiple producers will compete to produce a product at the lowest price that the market will bear to meet demand.

You just graduated college and is now searching for a job. As an applicant, how can you show willingness to work and be open to changes in your future work environment? A) Resisting change for stability B) Embracing change for growth C) Seeking constant approval from superiors D) Sticking strictly to established procedures.

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This is pretty straightforward lol. The answer is B.

Why should you research the company’s mission and goals? You can use this information to show how you will be an asset to the company. This information will tell you whether or not the company is profitable. You can find out about the company's status and success rate by reading this information. It isn’t necessary to look at this information.

Answers

Answer

The reason for researching the company’s mission and goals is so that You can use this information to show how you will be an asset to the company.

Explanation

Mission of a company the clarity of what your company can do do to its clients and what services can be offered that is with the aim of gaining more clients in order to increase the company's profit and make its profile more appealing. It also describes who the company is and why you as the client you should be part of it.

Company goals are the things which are set by a certain company with the aim of helping the company grow and achieve its objectives.

so when you research the company mission and goals this means you are helping it to achieve its objectives and You can use this information to show how you will be an asset to the company.

which methed can government use to ensure that the introduction of load shedding is the best decision

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The right answer for the question that is being asked and shown above is that: "The method that the government can use to ensure that the introduction of load shedding is the best decision are: (1) government should inform people about the times of load shedding; (2) government should tell people to use less electricity; (3) people shouldn't waste light; (4) people shouldn't have to pay lot of money for lights

In contrast to a capitalist society, how does a persons income function in a socialist society?

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A persons income functions similarly in both capitalists and socialist societies today. "Socialism" as an idea or theoretical economic model has not been fully implemented in most societies that use some socialist concepts. In European countries like France, Sweden, or Denmark they use both principles of capitalism and socialism. In that they are integrated into the global economy and take part in trade and also regular business they are capitalists, however, they have large social protections in the form of government services etc. which are paid for with high taxes. The major difference in incomes in these two systems are that in capitalist societies tend to have lower taxes than socialist societies, but give less state services or welfare than socialist societies.

Other Questions

The change in retained earnings is affected by which of the following? Select one:_________ a. Payment of dividends and common stock. b. Net income and common stock. c. Net income and payment of dividends. d. Net income and paid-in capital.

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Which of the following will be accomplished by assessing the factors of production?

With a___tax, the tax decreases as income increases. A.)Direct B.)Progressive C.)Proportional D.)Regressive