At which stage of the accounting cycle is an income statement and a statement of retained earnings prepared by an organization? An income statement is prepared after the preparation of the (ledger, journal, trial balance). Statement of retained earnings is prepared after the preparation of the (trial balance, income statement, journal entries).

Coca-cola was primarily known for its core competencies in marketing, bottling, and distributing aerated drinks. however, with the success of gatorade, coca-cola developed competencies in the development and marketing of its own sports drink, powerade. which of the following is true of coca-cola? a. it is leveraging existing core competencies to improve current market position. b. it is building new core competencies to protect and extend its current market position. c. it is redeploying and recombining existing core competencies to compete in markets of the future. d. it is targeting the chasm between the early adopter and early majority market segment.