Which financial statement shows the calculation of a business's net profit by deducting the expenses from the revenue of an organization for a

specified period?

A

ledger

B.

trial balance

Cincome statement

D. Journal

E

balance sheet

The underlying principle for using more emotional appeals in business-to-business advertising is that emotions can be a part of every type of decision, even in the business-to-business environment. Group of answer choices True False

What is meant by the term "piercing the corporate veil"? select one:a. corporate directors and/or officers may be held personally liable to a person damaged by an act of the corporation. b.

A simultaneous increase in both unemployment and inflation is most likely to be the result of a (n) : Group of answer choices decrease in the aggregate demand. increase in short-run aggregate supply.

List five information related office task

1. Describe a real or made up but realistic situation that could cause you or someone you know to have to use money from a financial reserve. (3-6 sentences)

Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $201,000 of raw materials on credit; issued materials to production of $198,000 of which $27,000 were indirect.

Noura Company offers an annual bonus to employees (to be shared equally) if the company meets certain net income goals. Prepare the journal entry to record a $15,000 bonus owed (but not yet paid) to its workers at calendar year-end.

You would like to retire in 30 years. The expected rate of inflation is 2% per year. You currently have a standard of living that requires $7940 of monthly expenses.

Imagine a company that sells hammers charges customers $10 for each hammer. To make the hammer the company spends $7 on input costs (materials, machines, etc.).

Tomo, Inc. has prepared its third quarter budget and provided the following dа ta:: Jul Aug SepCash collections $50,000 $39,600 $46,100Cash payments: Purchases of direct materials 30,000 21,700 17,600Operating expenses 12,300 8,000