Business High School

Which financial statement summarizes a business’s incomes and expenses?
The main purpose of the BLANK statement is to present your business’s earnings for a given period as it summarizes your incomes and expenses.

Answers

Answer 1

Answer:

Income statement.

Explanation:

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

The income statement is a financial statement that summarizes a business’s incomes and expenses.

Hence, the main purpose of the income statement is to present your business’s earnings for a given period as it summarizes your incomes and expenses.

Related Questions

Highbridge Community Life Center was a community hub and resource for the Bronx community that was founded in 1979 by two Catholic nuns. Brother Ed Phalen served as the Executive Director of the center for more than two decades. When he started considering retirement, he wondered what would happen to the organization and its leadership after he left. In order to plan for his eventual departure, Brother Phalen and the board of directors began the process of to identify a replacement for him.

Answers

The correct question is:

Highbridge Community Life Center was a community hub and resource for the Bronx community that was founded in 1979 by two Catholic nuns. Brother Ed Phalen served as the Executive Director of the center for more than two decades. When he started considering retirement, he wondered what would happen to the organization and its leadership after he left. In order to plan for his eventual departure, Brother Phalen and the board of directors began the process of _____________ to identify a replacement for him.

Answer:

Succession planning

Explanation:

Succession planning is the process by which new leaders in an organisation are identified and developed to adequately fill in the role of departing leaders.

This process is important as it prepares experienced staff to take up responsibility in cases of resignation, retirement, or death of a leader.

In the given instance Brother Ed Phalen served as the Executive Director of the center for more than two decades.

Considering his retirement he would need to get someone to take over leadership role from him.

So he and the the board of directors will need to begin a succession plan to identify his replacement

Why did the United States interfere in Iran in the 1950s? What was the result of their interference?

Answers

Answer:

Because Iran has oil and sells it to U.S. Iran minister doesn't want to do business with U.S. anymore.

Explanation:

The results were the U.S. would sponsor in Iran to replace existing gov't to be more western friendly.

Other Questions
In the early decades of R & B( '50's - ''80s) who was one of the first R & B musicians to have crossover success into pop music? Answer Correctly the sum of 17 and 3 times x I WILL GIVE 69 POINTS AND BRAINLIEST TO WHOEVER ANSWERS ALL 5 QUESTIONS Brianliest for correct answer Explain how black schools had a modified schedule Given that line AD ll to line EH, find the measure of The emergence of the German industries referred to in the passage is most directly explained by which of the following processes in the nineteenth century?The spread of new industrial technologies such as the internal combustion engine from the United StatesThe spread of new industrial technologies such as the internal combustion engine from the United StatesAThe development of new methods of production during the second industrial revolutionThe development of new methods of production during the second industrial revolutionBThe greater diversity of manufactured goods produced by industrial factoriesThe greater diversity of manufactured goods produced by industrial factoriesCThe growing importance of using coal as fuel in industrial production When compared to Passage 1, how does Passage 2 add to the readers understanding of Nathan Hale?By revealing previouly unread documents, Passage 2 introduces new facts about Hale.By showing his behavior while in captivity, Passage 2 shows a disagreeable side of Hale.By relying on more accurate history data, Passage 2 provides precise dates and locations.By dramatizing Hale's final moments before his execution, Passage 2 creates a deeper feeling for his character. tRNA is the molecule that brings the appropriate _______ _______ to the mRNA using an anticodon.fill in the blank s=ut+ 1/2 atu=10 a= -2 t= 1/2 work out the value of s how many 1/2 kg packets of salt can you obtain from 18 kg of salt Which correctly describes a function of the nervous system? A. The nervous system regulates bodily functions through hormone secretion. B. The nervous system communicates and coordinates with the rest of the body. C. The nervous system transports nutrients and oxygen to every part of the body. D. The nervous system provides a protective barrier from the external environment, Mr. Sampson wants to ship a birthday gift to his son in the navy. To meet shipping requirements at the Local UPack It We Ship it Store, the perimeter of the rectangular-shaped gift box must be less than 30 inches. Writeand graph an inequality to describe this situation.X= length Y= width Try the following puzzle:A bat and ball cost $1.10.The bat costs one dollar more than the ball.How much does the ball cost? 5 cards are drawn at random from a standard deck. Find the probability that all cards are face cards. Which statement correctly describes ionic bonds? Multiple Choice An ionic bond only forms between two atoms of the same element. Ionic bonds usually form between electrically neutral, stable atoms. An ionic bond is the electrostatic force that holds ions together when they form bonds. All of the answer choices are correct. 8t=32Help a sister out Calculate the momentum of a boat with a mass of 95kg moving at 2m/Ss A song for the grand old Temp'rance tree,That is bearing goodly fruit!Its blessings ev'ry where we see,We praise it, branch and root.We'll plant it wherever rum shops are,In our native land so far,Till Its noble branches spread afarOn the golden sunny air!Ohl we'll gather roundThe Temp'rance tree,And sing our songs of joy.Till the viper that is in the cup,Shall no more destroy!Till the viper that is in the cup,Shall no more destroy!Source: Library of Congress, Music DivisionThose lyrics are representative of a movement that culminated in a constitutional amendmentduring theF Harlem RenaissanceG New DealH Reconstruction era3 Progressive Era 2. Simplify the expression by combining like terms. 3y+4y+6 A. 13yB.7y+6C.12y+6D.18y