A financial statement is a(n) ________. Group of answer choices estimate of a firm's future income and expenses hybrid statement of cash flows itemized forecast of a company's income, expenses, and capital needs written report that quantitatively describes a firm's financial health set of ratios which depict relationships between a firm's financial items

Answers

Answer 1
Answer:

Answer:

Option A Written report that quantitatively describes a firm's financial health

Explanation:

The reason is that the financial statements reflects the firm's finanacial health in terms of profits & losses, Assets and its worth, Cash flows and Equity at the year end. This gives an overview where the company is heading. Financial statements gives an overview how the company has managed its costs, increased profits, increased investments, cash generation from core operations, etc. It has wide number of use for decision making purposes for its stakeholders.

Answer 2
Answer:

Answer:

The correct answer is letter "C":  written report that quantitatively describes a firm's financial health.

Explanation:

Financial Statements are a picture of the financial health of a company for a given period at a given time. Financial statements provide data collecting on the financial results of a company, its economic conditions, and its cash flows. A company's financial statements are broken down into three (3) parts: the Balance Sheet, the Income Statement, and the Cash Flow Statements.


Related Questions

What is the best source of information for deciding whether a product meets your needs?. A. the product's advertisements. B. the product's brand name. C. the product's label
A legitimate commercial program should provide information in regard to all of the following except ___________.Select one: a. staff training and education b. the risks of their products or program c. program outcomes d. personal testimonials
Mary visits her local shopping mall to purchase some much needed additions to her wardrobe. In selecting the items she wants to purchase, Mary is concerned primarily with factors such as color, size, style, and price. Clothing items can best be described as __________ goods a. qualitative b. search c. experience d. credence
Jones Company manufactures an executive chair. The company has budgeted variable costs of $100 for each chair and fixed costs of $7,000 per month. A static budget predicted production and sales of 200 chairs in January, but the company actually produced and sold only 180 chairs at a total cost of $26,000. Jones Company total flexible budget cost for 180 chairs per month is:
The Ferguson Company estimated that October sales would be 100,000 units with an average selling price of $6.00. Actual sales for October were 105,000 units and average selling price was $5.95. The sales revenue flexible budget variance was: A. $5,000 favorable. B. $5,250 unfavorable. C. $5,000 unfavorable. D. $5,250 favorable.

What do virtually all "phishing" emails have in common?

Answers

Phishing is one of the most prevalent of all Internet scams. Phishing scams attempt to trick people into providing sensitive personal information such as credit card or banking details. What is common is that you receive an email with an urgent or time-sensitive message requesting them to act immediately.

Final answer:

Phishing emails are fraudulent emails that trick individuals into giving out personal or sensitive information. They usually demand urgent action, include clickable links to fake websites or contain attachments with malware, and appear to be from a reliable source.

Explanation:

Virtually all "phishing" emails have in common is that they are fraudulent emails trying to trick the recipient into providing sensitive information like passwords, credit card numbers, or bank account information. These emails typically appear to come from a reliable, familiar source. They often contain deceptive content such as an urgent message requiring immediate action, clickable links leading to fake websites, or attachments containing malware. For example, a phishing email might claim to be from your bank, asking you to click a link to confirm your personal information. However, the link directs you to a fake website designed to capture your details.

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When quantity supplied equals quantity demanded:A. there is disequilibrium
B. the marked is cleared
C. there is the excess quantity demanded.
D. there is excess quantity supplied

Answers

When quantity supplied equals quantity demanded, the market is said to be in equilibrium, and the market is cleared. At this point, there is no excess quantity demanded or excess quantity supplied in the market. Thus, the correct option is B.

In an equilibrium situation, the price of the good or service is determined by the intersection of the supply and demand curves. At this price, the quantity supplied by producers is equal to the quantity demanded by consumers. Therefore, there is no surplus or shortage in the market, and all the goods produced are sold.

When the market is not in equilibrium, either a surplus or a shortage will occur. In the case of a surplus, there is an excess quantity supplied in the market, meaning that producers are supplying more goods than consumers are willing to buy at the prevailing price. This leads to downward pressure on prices until the market is cleared.

In the case of a shortage, there is an excess quantity demanded in the market, meaning that consumers are willing to buy more goods than producers are supplying at the prevailing price. This leads to an upward pressure on prices until the market is cleared.

In summary, when quantity supplied equals quantity demanded, the market is in equilibrium, and the market is cleared. This means that there is no excess quantity demanded or excess quantity supplied in the market, and the price of the good or service is determined by the intersection of the supply and demand curves. Thus, the correct option is B.

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The following information is available for Sweden Company for its most recent year:Net sales $1,800,000
Freight-in 45,000
Purchase discounts 25,000
Ending inventory 120,000
The gross margin is 40% of net sales. What is the cost of goods available for sale?
A $1,200,000
B $1,220,000
C $960,000
D $840,000

Answers

Answer:

A $1,200,000

Explanation:

The correct answer is D.

the gross margin equals 40% of net sales = 40%* 1,800,000= 720,000

Cost of goods sold will therefore be  60% of net sales;

Cost of goods sold = (60% * 1,800,000) = 1,080,000.

Cost of goods available for sale = cost of goods sold + the cost of ending inventory.

Cost of goods available for sale = 1,080,000+120,000 = $1,200,000

If a nation exports more than it imports, it has a tradea. deficit.
b. surplus.
c. balance.
d. stability.

Answers

The best answer to the question above would be letter b. surplus. If a nation exports more than it imports, it has a trade surplus. A trade surplus is when the nation has too many goods and they have to export it. Importing would be a bad decision since more goods are added to the economy.

Final answer:

When a nation exports more than it imports, it has a 'trade surplus', indicating a positive balance of trade. This is part of the concept of balance of trade, which is an important aspect of a nation's economic health.

Explanation:

If a nation exports more than it imports, the country is considered to have a trade surplus. What this means is, the value of its exports is higher than that of its imports. Therefore, money is coming into the country more than it is departing, thus indicating a positive balance of trade. Conversely, if a country were to import more than it exports, that would mean it has a trade deficit.

A trade surplus and a trade deficit are part of the concept of balance of trade, which is a crucial aspect of a nation's economic health.

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Which tool helps you record your transactions?A check leaf

B checking account

C check register

Answers

Answer:C check register

Explanation:

Which tool helps you record your transactions?

C check register simply defined as a tool in recording transaction activities, or account and used to track withdrawals and deposits done recently. It can be inform of a journal example is deposit bill

The answer is most likely C. Check register

Ford motor company sells the fusion ses for $24,400. the fusion hybrid sells for $29,975. what is the percentage increase in price for the hybrid over the fusion ses? (round to tenth.)

Answers

The price of Fusion Ses is $24,400 from Ford Motor Company and the price of the fusion hybrid is $29,975. The percentage increase in price for the Ford motor company fusion hybrid over the fusion ses is 22.8%.

What is the concept of a percentage increase in price?

Its states the difference (rise) between the two figures we are comparing to arrive at a percentage increase: Increase = New price - old price. Then multiply the result by 100 by dividing the gain by the original price: Increase by 100 percent of the original price

% Increase = (New Price - Old Price) ÷ old Price × 100

The percentage increase in the price for the Ford motor company fusion hybrid over the fusion ses:

= $ 29,975 - $ 24,400/ $24,400 × 100

=  $ 5575/$24,400 × 100

=  $ 0.228483 × 100

=  22.8 %

Hence, The percentage increase in price for the hybrid over the fusion ses = 22.8%.

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(Higher price - Lower price)/Lower price * 100
($29,975 - $24,400)/$24,400 * 100
5575/$24,400 * 100
5575/24,40,000
0.00228483606%

Hope this helps :)