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  • 2021-04-14
    ________________measures the profitability of the company during the year. It shows the difference between revenues and expenses.
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    • A balance sheet reports:( ). A: the assets, liabilities, and owner’s equity on a particular date. B: the difference between revenues and expenses during the period. C: the change in the owner’s equity during the period. D: the cash receipts and cash payments during the period.
    • During the year, EcoWash, Inc., has $120,000 in revenues, $50,000 in expenses, and $4,000 in dividend payments. EcoWash had net income (or net loss) of
    • Foreman Company’s revenues are $300 on investedcapital of $240. Expenses are currently84% of sales. If Foreman Company canreduce its expenses to 75% of sales, return on investment will be:
    • Tyson Company’s revenues are $300 and investedcapital is $240. Expenses are currently80% of sales. Tyson Company’s currentreturn on investment is:
    • During the current year, the assets of The Big Dial increase by $132,000, and the liabilities increase by $80,000. As a result, owners' equity A: decreases by $52,000 during the year. B: increases by $52,000 during the year. C: increases by $212,000 during the year. D: is $52,000 at the end of the year.

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      profitability year year. during it revenues the measures shows and of expenses. difference company between expenses

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