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Can someone help me 1.Dale, a senior accountant, references the companys accounting statements as the basis for a summary of his firms financial information, products,

Can someone help me

1.Dale, a senior accountant, references the companys accounting statements as the basis for a summary of his firms financial information, products, and growth plans for owners and potential investors. The summary Dale is preparing is called a(n)

Multiple Choice

  • budget.

  • schedule.

  • agenda.

  • mission.

2. What is meant by owners equity?

Multiple Choice

  • It refers to outstanding loans and credit that a firm has to return.

  • It refers to the money contributed to a firm that never has to be paid back.

  • It refers to a firms economic resources.

  • It refers to a firms goodwill or reputation.

  • It refers to debts a firm owes to others.

3. One of the ways to analyze a companys financial performance is to compare its performance with those of

Multiple Choice

  • foreign governments.

  • manufacturers producing their products.

  • its competitors.

  • the U.S. government.

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