Managers Often Consult Financial Statements for Specific Types of Information

question 27

Essay

Managers often consult financial statements for specific types of information.Indicate whether each of the following items would appear on the income statement,statement of owner's equity,or the balance sheet.Note that an item may appear on more than one statement.The first item is completed as an example.

---

Definitions:

Excretion

The process by which living organisms remove waste products of metabolism and other non-useful materials from their bodies.

Metabolic Waste

Substances left over from metabolic processes (like cellular respiration) that cannot be used by the organism and must be excreted.

Body

The physical structure of an organism, including its organs and tissues.

Osmolarity

The number of osmoles of solute per liter of solution. See osmole.