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]
2 years 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]2 years 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]2 years ago
6 0
The answer would be false
You might be interested in
There are two ways in which the fed can provide additional reserves to the banking system: it can ________ government bonds or i
iren2701 [21]

Fed can <u>purchase</u> government bonds or it can <u>extend</u> discount loans to commercial banks.

The Fed creates cash via buying securities on the open marketplace and including the corresponding funds to the financial institution reserves of commercial banks. Banks then grow the money deliver in flow even extra by using making loans to consumers and agencies.

One manner to increase a bank's amount of required reserves is to: increase deposits. One reason why banks are required to deposit a minimal quantity of reserves on the Federal Reserve is so that: the Federal Reserve can manipulate the capacity of banks to lend cash to others.

The term commercial bank refers to a financial group that accepts deposits, gives checking account offerings, makes various loans, and gives fundamental financial products like certificates of deposit (CDs) and financial savings accounts to individuals and small organizations.

Learn more about commercial banks here brainly.com/question/4423138

#SPJ4

3 0
2 years ago
Crane Company uses job order costing for its brand new line of sewing machines. The cost incurred for production during 2019 tot
irina [24]

Answer:

$560

Explanation:

Add all the costs:

Materials $8,000

Labor $4,000

Overhead $1,000

And we will get the Total Manufacturing Cost of $13,000.

Then, add the Beginning Work in process of $5,000 to get the Cost of goods put into process of $18,000.

Now, deduct the Ending Work in process of $4,000 to get the Cost of goods manufactured of $14,000.

Since they promptly ships the goods, the $14,000 will automatically be the Cost of Goods Sold.

Finally, to get the cost per machine, just divide $14,000 by the 25 machines and we will get the $560 cost per machine.

8 0
3 years ago
Suppose that you were the manager of a large retail store that was currently experiencing a shoplifting problem. Every hour, app
Soloha48 [4]

<u>Answer:  </u>

Benefits are amplified at a point where the minor income efficiency (MRP) is equivalent to the expense of employing a security watch. In this way, a benefit expanding firm will enlist as long as the MRP is more noteworthy than the wages or the expense of recruiting a security monitor.  

On the off chance that I need to amplify benefit, at that point I won't enlist the security monitor at a compensation pace of $20 in light of the fact that the expense of recruiting is more noteworthy than the expansion to the complete income or MRP, which is equivalent to $15 (expecting that the security watchman will kill shoplifting).  

The above examination shows that a security watchman will be paid a compensation rate for every hour, which is equivalent to the sum spared every hour by the security monitor for wiping out the normal shoplifting every hour.  

The sum spared is an expansion to the all out income, and no benefit boosting firm would pay a compensation rate higher than the augmentations to the complete income.

8 0
3 years ago
If the state minimum hourly wage is higher than the federal minimum hourly wage then employers ____.
Svet_ta [14]

Answer:

C

Explanation:

7 0
3 years ago
Read 2 more answers
Ace Bonding Company purchased inventory on account. The inventory costs $2,000 and is expected to sell for $3,000. How should Ac
STatiana [176]

Answer:

The inventory should be registered as $2000

Explanation:

The inventory should be registered by it is acquisition cost. Once sold Inventory will go down bt $2000 and COGS will rise by $2000

3 0
3 years ago
Other questions:
  • Hudson Co. is currently producing 1,000 units of a necessary component part by incurring $54,400 in direct materials, $24,000 in
    15·1 answer
  • Define the term fiscal policy.
    5·1 answer
  • What can you expect when you ask clients for testimonials?
    8·1 answer
  • Your client noticed that his ad was disapproved for editorial reasons. Why is it important for him to understand and abide by Go
    15·1 answer
  • On December 1, 2021, the company received $9,000 in cash from another company that is renting office space in Falwell’s building
    12·1 answer
  • Firms using the __________ approach during the decline stage of the product life cycle will gradually reduce marketing expenditu
    6·1 answer
  • Last year Country A had a population of 16 million, nominal GDP of 480,000 million, and a GDP deflator of 120. Country B had a p
    9·1 answer
  • When was Wells Fargo established? What was the main business when they started?
    7·1 answer
  • To counteract groupthink in a marketing team, as a manager you may decide to bring in two
    8·1 answer
  • all of the company's earnings kept rather than distributed to stockholders decreased by dividends decreased by purchases of land
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!