Question 1 Please find statements which are correct Not yet answered Marked out of 10.00 Select one or more: a. Depreciation appears on both, income statement and balance sheet Flag question b. Income statement shows the balance between revenue and expenses c. Income statements reflects well how much customers are paid and should pay more during a period of time. d. Owners equity includes all periodical gains and losses, coming from income statement e. Loan payments can be seen under liabilities on the balance sheet and part of expenses in income statement Question 2 Not yet answered Marked out of 10.00 Liabilities are vital aspect of a company's operations because they are used to finance operations and pay for expansion, these are debts or obligations that arise during the course of business operations and are settled over time through the transfer of economic benefits including money, goods or services. Flag question Select one: O True O False u True O False Question 3 Choose the correct assumptions balance sheet enables to make Splect one or more: Not yet answered Marked out of 10.00 p Flag question a. The company is not able to have any income in coming months b. Depts to suppliers are bigger then accounts receivables c. The company's profitability per person is lower then competitors in the industry d. The owners equity is below legal requirement e. Expenses for marketing are excessive Next page Question 4 Long term loans are cheaper and therefore more suitable to buy computers for office or a company car Not yet answered Marked out of 10.00 Select one: P Flag question True False on 5 et answered The company produces organic, hand made candles. The equipment for more automatic production was acquired for 10 years with cost of 12 000 eur. General managerial costs are 2000 eur per month. Monthly expenses for materials are 700 eur (for monthly production of 2 000 pcs) and pay for two workers 1200 eur. What is the initial cost price for one candle? ed out of 10.00 ig question Answer: Answer: Question 6 Not yet answered The company produces organic, hand made candles. The equipment for more automatic production was acquired for 10 years with cost of 12 000 eur. General annual managerial costs are 24000 eur. Annual expenses for materials are 8800 eur and pay for two workers 14 000 eur. The plan is to produce and sell 24000 candles in a year with a sales price of 4 eur. How many candles the company has to produce to break-even? Marked out of 10.00 Flag question Answer: Finish attempt ... Previous page MacBook Pro