Business, 16.11.2019 05:31 brookemcelhaney

Which of the following statement is correct?
a. the difference between the total assets reported on the balance sheet and the debts reported on this statement tells us the current market value of the stockholders' equity, assuming the statements are prepared in accordance with generally accepted accounting principles (gaap).
b. the balance sheet for a given year tells us how much money the company earned during that year.
c. a typical industrial company's balance sheet lists the firm's assets that will be converted to cash first, and then goes on down to list the firm's longest lived assets last.
d. for most companies, the market value of the stock equals the book value of the stock as reported on the balance sheet.
e. the balance sheet for a given year is designed to give us an idea of what happened to the firm during that year.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 03:30

He aldermanalderman company has prepared a sales budget of 42 comma 00042,000 finished units for a 3-month period. the company has an inventory of 10 comma 00010,000 units of finished goods on hand at december 31 and has a target finished goods inventory of 11 comma 00011,000 units at the end of the succeeding quarter. it takes 44 gallons of direct materials to make one unit of finished product. the company has inventory of 64 comma 00064,000 gallons of direct materials at december 31 and has a target ending inventory of 53 comma 00053,000 gallons at the end of the succeeding quarter. how many gallons of direct materials should aldermanalderman company purchase during the 3 months ending march 31? select the labels and enter the amounts to calculate the direct materials (gallons) to be purchased.

Answers: 3

Answer

Business, 22.06.2019 07:30

Awell-written business plan can improve your chances of getting funding and give you more free time. improved logistics. greater negotiating power.

Answers: 1

Answer

Business, 22.06.2019 16:30

Bernard made a gift of $500,000 to his brother in 2014. due to bernard’s prior taxable gifts he paid $200,000 of gift tax. when bernard died in 2019, the applicable gift tax credit had increased. at bernard’s death, what amount related to the $500,000 gift to his brother is included in his gross estate?

Answers: 3

Answer

Business, 22.06.2019 17:30

Communication comes in various forms. which of the following is considered an old form of communication? a) e-mail b) letter c) skype d) texting

Answers: 2

Answer

You know the right answer?

Which of the following statement is correct?
a. the difference between the total assets repor...

Questions

Business, 27.11.2020 19:00

Which department of a business is responsible for creating budgets and analyses the inflow and outflow of the company's monetary assets?R...