Business, 29.09.2019 19:00, KathyRayG7456

After you record your business transactions what is the next step in the process of turning this data into useful information?

Answers: 1

Show answers

Answers

The correct answer for this question is this one: "Financial Statements"
After you record your business transactions, the next step in the process of turning this data into useful information is forming the financial statements.Hope this helps answer your question. Should you have more questions, do not hesitate to post in .

answered: coronadenise

"Financial Statements" Is next step in the process of turning this data into useful information.

Further Explanation:

Financial statements:

Financial statements are reports arranged by an organization's administration to show the monetary presentation and position at a point in time. A broadly useful arrangement of budget reports for the most part incorporates an asset report, salary articulations, proclamation of proprietor's value, and explanation of money streams.

Financial statements model:

The board, leasers and investors utilize these announcements to check the presentation of the organization and make projections about future outcomes. The primary financial reports are: the benefit and misfortune explanation, asset report and articulation of income.

four fundamental Financial statements:

There are four fundamental fiscal summaries. They are: (1) monetary records; (2) income statements; (3) income articulations; and (4) proclamations of investors' value. Monetary records show what an organization claims and what it owes at a fixed point in time.

bank explanation a Financial statements:

A bank explanation or record proclamation is a rundown of budgetary exchanges which have happened over a given period on a ledger held by an individual or business with a money related organization. ... Since the presentation of PCs in banksin the 1960s, bank explanations have for the most part been delivered month to month.

Subject: business

Level: High School

Keywords: Financial statements, Financial statements model, four fundamental Financial statements, bank explanation a Financial statements.

Other questions on the subject: Business

Business, 22.06.2019 12:40, gldven7636

When cell phones were first entering the market, they were relatively large and reception was undependable. all cell phones were essentially the same. but as the technology developed, many competitors entered, introducing features unique to their phones. today, cell phones are only a small fraction of the size and weight of their predecessors. consumers can buy cell phones with color screens, cameras, internet access, daily planners, or voice activation (and any combination of these features). the history of the cell phone demonstrates what marketing trend?

Answers: 3

continue

Business, 22.06.2019 18:50, saltytaetae

Suppose the government enacts a stimulus program composed of $600 billion of new government spending and $300 billion of tax cuts for an economy currently producing a gdp of $14 comma 000 billion. if all of the new spending occurs in the current year and the government expenditure multiplier is 1.5, the expenditure portion of the stimulus package will add nothing percentage points of extra growth to the economy. (round your response to two decimal places.)

Answers: 3

continue

Business, 22.06.2019 19:40, mahoganyking16

Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%

Answers: 2

continue

Business, 22.06.2019 19:40, pchisholm100

You estimate that your cattle farm will generate $0.15 million of profits on sales of $3 million under normal economic conditions and that the degree of operating leverage is 2. (leave no cells blank - be certain to enter "0" wherever required. do not round intermediate calculations. enter your answers in millions.) a. what will profits be if sales turn out to be $1.5 million?

Answers: 3

continue

Do you know the correct answer?

After you record your business transactions what is the next step in the process of turning this dat...