Author Question: Explain what elements are included on the balance sheet and the income ... (Read 23 times)

aabwk4

  • Hero Member
  • *****
  • Posts: 593
Explain what elements are included on the balance sheet and the income statement.

Question 2

List two examples of risk that must be insured for an amusement park such as Disney.



pami445

  • Sr. Member
  • ****
  • Posts: 303
Answer to Question 1

balance sheet: assets, liabilities, net worth
income statement: revenue, expenses, net income or net loss

Answer to Question 2

Risk of injury from rides, food poisoning, liability for actions of employees



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

For a complete list of videos, visit our video library