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
Evgesh-ka [11]
1 year ago
9

The statement of cash flows shows a firm's revenues, costs of goods sold, expenses, and net income. True or false

Business
2 answers:
yawa3891 [41]1 year ago
6 0

Answer:

false

Explanation:

A statement of cash flows on tracks Cash, not credit, expenses, or any of that jazz. There are other financial reports to account for them.

prisoha [69]1 year ago
6 0
The answer would be false
You might be interested in
During 2020, Bayside Inc. has 9% cumulative non-participating preferred stocks with a total par value of $300,000 and common sto
Lapatulllka [165]

Answer:

Date - December 14, 2020

Debit  : Dividend $16,000

Credit : Shareholders for dividends $16,000

Date - January 16, 2021

Debit : Shareholders for dividends $16,000

Credit : Cash $16,000

Date - December 12, 2021

Debit  : Dividend $62,000

Credit : Shareholders for dividends $62,000

January 15, 2022

Debit : Shareholders for dividends $62,000

Credit : Cash $62,000

Explanation:

Dividends are initially declared before they are paid to the respective shareholders. So it is important to first record the journal at the <em>declaration date</em> of the dividend, then the <em>payment date</em> of the dividend as shown above.

7 0
2 years ago
In previous years, Cox Transport reacquired 4 million treasury shares at $22 per share and, later, 2 million treasury shares at
crimeas [40]

Answer:

$8 million

Explanation:

Weighted-average cost = [(4,000,000 × $22) + (2,000,000 × $25)] ÷ (4,000,000 + 2,000,000) = $23

Increase in paid-in capital - share repurchase per share = selling price —Weighted-average cost = $27 - $23 = $4

Amount of increase in paid-in capital—share repurchase = Number of treasury shares × $4 = 2 million × $4 = $8 million

Therefore, Cox’s paid-in capital - share repurchase will increase by $8 million.

3 0
3 years ago
Patricia made her career planning timeline in the year 2007. In what year
amm1812

Answer:

<h2>A. 2007 </h2>

Explanation:

Hope this is helpful

3 0
2 years ago
Larger financial institutions now offer a wide range of services under one roof, from banking to stock trading. These institutio
Sholpan [36]

Answer:

The correct answer is E. Share of customer.

Explanation:

Customer participation reflects the way in which customers take part in the process and the degree to which they participate. It is especially important for many service processes, particularly if the contact with the customer is (or should be) high. A good starting point to increase customer participation is to make the process more visible to the customer. Allowing customers to see what normally remains hidden from their view is part of Harvey’s service design, a Canadian chain of fast food restaurants. There you can see the workers in a sanitary and orderly workplace roasting the meat, and one can choose the type of additional ingredients you want. An even bolder step is to allow customers to participate in selected backroom processes, in order to turn them into shown processes.

5 0
3 years ago
A young man is badly injured when his cell phone battery catches fire. What type of insurance should the manufacturer of the cel
Leno4ka [110]

either Fire Legal Liability Coverage or state farm either will do but im leaning more towards the fire laibilty coverage

hope this helps:)sorry if it doesnt

8 0
3 years ago
Read 2 more answers
Other questions:
  • Grand River Corporation reported pretax book income of $500,000. Included in the computation were favorable temporary difference
    12·1 answer
  • E-training for government officials is an example of a ____ application.
    5·1 answer
  • A current liability is a debt that can reasonably be expected to be paid
    15·1 answer
  • Gordon rosel went to his bank to find out how long it will take for $1,200 to amount to $1,650 at 8% simple interest. calculate
    6·1 answer
  • This year henry realized a gain on the sale of an antique car that he inherited from his uncle. the buyer has promised to pay he
    9·1 answer
  • Under what scenario could fiscal policy make a recession even worse?
    15·1 answer
  • A cost system determines the cost of a cost object by ________. assigning and then accumulating costs assigning costs accumulati
    12·1 answer
  • Your goal is to earn an annual salary of $100,000 three years from now. You expect to increase your salary by 6.5 percent annual
    9·1 answer
  • What is a similarity between a term life insurance policy and a whole life insurance policy?
    5·1 answer
  • Harbor Wheel Company manufactures two tractor wheels: the Ultimate which sells for $1,600 and the Standard, which sells for $1,3
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!