1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
garri49 [273]
2 years ago
9

Statements that show the effects of proposed transactions as if the transactions had already occurred are called:

Business
1 answer:
maks197457 [2]2 years ago
3 0

Proforma statements are those that depict proposed transactions' results as if they had already happened.

<h3>What are Proforma statements?</h3>

There are several aspects of corporate decision-making that rely heavily on figures. You must show that your ideas are financially sound in order to gain support from important stakeholders, attract investors, and strategically plan.

A historical snapshot of a company's performance can be provided by some financial documents, such as balance sheets, income statements, cash flow statements, and annual reports, but they sometimes lack the ability to provide foresight when making future planning decisions. Because of this, professionals frequently use predictions and financial projections to inform their decisions and provide crucial "what if" scenarios. A frequent kind of projection that can be helpful in these circumstances is pro forma financial statements.

Learn more about Proforma statements here:

brainly.com/question/2554101

#SPJ4

You might be interested in
Why does emotional hijacking occur? a. People are hard-wired to feel emotions about a situation before they reason it out. b. Pe
sdas [7]

Answer:

a. People are hard-wired to feel emotions about a situation before they reason it out.

Explanation:

Emotional hijacking occurs when our brain's emotional processor (amygdala) bypasses our normal reasoning process.

This occurrence in terms of an emergency is a self-defence mechanism when it is necessary to act in the face of perceived danger.

Emotional hijacking occurs when there is a compulsive need to complete and action. For example answering an email, answering the phone.

It is possible to control emotional hijacking through emtional intelligence.

8 0
3 years ago
Shontelle owns an apartment house that has an adjusted basis of $760,000 but is subject to a mortgage of $192,000. She transfers
emmainna [20.7K]

Answer:

Realized gain of Shontelle = $332000

Explanation:

given data

adjusted basis = $760,000

mortgage = $192,000

receives cash = $120,000

fair market value = $780,000

to find out

What is Shontelle realized gain or loss

solution

we find here first Realized gain that is express as

Realized gain = Amount realized - Adjusted basis     ..................1

so here Amount realized = (receives cash  + fair market value + mortgage)

Amount realized = (120000 + 780000 + 192000)

Amount realized = 1092000

so from equation 1

Realized gain = Amount realized - Adjusted basis  

Realized gain = 1092000 - 760000

Realized gain =  $332000

so we can say that

Realized gain of Shontelle = $332000

3 0
3 years ago
You are offered the following investments: You can invest $500 today and receive $600 in 5 years. The investment is low risk. Yo
grin007 [14]

Answer:

500

Explanation:

6 0
2 years ago
How long does Bankruptcy stay on your credit report?
svlad2 [7]

The bankruptcy public record is deleted from the credit report either seven years or 10 years from the filing date of the bankruptcy, depending on the chapter you filed. Chapter 13 bankruptcy is deleted seven years from the filing date because it requires at least a partial repayment of the debts you owe

7 0
2 years ago
Which of the following statements is correct? Materials flow into an organization, are processed in some way and distributed to
IRISSAK [1]

Answer:

All of them are correct.

Explanation:

Materials are processed to distribute to costumers, that's a fact. Also supply, production and distribution are part of a total, bigger system, and particularly they have their own departments, because each process is complex enough to require a hole system itself.

5 0
2 years ago
Other questions:
  • Zeto Bank requires its customers to provide their customer identification number, their respective passwords, and a one-time pas
    7·1 answer
  • Which are my revenues and which are my expenses (besides ones that say expense)? And what should be my net income?
    9·1 answer
  • A machine with a cost of $164,000, accumulated depreciation of $102,000, and current year depreciation expense of $25,500 is sol
    10·1 answer
  • Solstice Company, which uses the direct write-off method, determines on October 1 that it cannot collect $70,000 of its accounts
    8·1 answer
  • Zanda Corp. and Jones Corp. are identical in every way (products produced, costs, demand, etc.) except for one. Zanda uses a lev
    13·1 answer
  • If the monthly sales volume required to break even is $190,000 and monthly fixed costs are $55,900, the contribution margin rati
    7·1 answer
  • In its 20X3 financial statements, Cris Co. reported interest expense of $85,000 in its income statement and cash paid for intere
    5·1 answer
  • Given the following, calculate total manufacturing costs: Direct materials: $40,000; Direct labor: $100,000; Manufacturing overh
    11·1 answer
  • Your client submits an application to rent a condo unit. He has excellent credit and has had the same job for a long time. He us
    15·1 answer
  • A 10-year, 10.00%, $5,000 bond that pays dividends quarterly can be purchased for $4,610.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!