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Delicious77 [7]
3 years ago
11

When opening a check account, the bank does not run an account verification if you provide a state-issued ID.

Business
1 answer:
Morgarella [4.7K]3 years ago
5 0

false false false false false

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Suppose your company reports $210 of net income and $50 of cash dividends paid, and its comparative balance sheet indicates the
topjm [15]

Answer:

The Operating Activities Section of the Statement of Cash Flows, using the indirect method:

Net Income                                $210

Changes in working capital:

Accounts Receivable                 -100

Inventory                                      110

Salaries & Wages Payable           80

Net cash flow from operating $300

Explanation:

In preparing the operating activities section of the Statement of Cash Flows, two methods are used.  The direct method and the indirect method.

The indirect method starts with the net income as the base and converts the income into cash flow through the use of adjustments.  The net income is first adjusted with non-cash items (such as depreciation expense) as well as non-operating gains and losses.  The direct method only takes the operating cash transactions into account to produce the cash flow from operations.  However, it is required that the direct method must provide a reconciliation of net income to the net cash provided by operations.

4 0
3 years ago
At the end of its first month of operations, JMP Consulting reported net income of $25,000. They also had account balances of: C
garri49 [273]

Answer:

The amount of total stockholders’ equity reported on the balance sheet at month-end is $30,000.

Explanation:

Stockholders’ equity comprises retained earnings, common stock and any other statutory reserves. The retained earnings is the accumulation of net income or loss over years minus dividend paid while common stock is the value of the shares owned by the owners or the public and the owners are entitled to dividends.

The amount of total stockholders’ equity reported on the balance sheet at month-end is simply $5,000 + $25,000 = $30,000.

6 0
3 years ago
it is ideal for key management slots to be filled from outside . a. in turnaround and rapid-growth situations b. when problems w
astraxan [27]

It is ideal for key management slots to be filled from outside turnaround as well as rapid-growth situations.

So, the correct option is A.

Different sets of managerial skills are required to implement the strategy and ensure that the organization does so successfully. Strategy execution is primarily operations-driven, focusing on the management of people, business processes, and organizational structure, as opposed to strategy formulation, which is largely an analysis-driven activity focused on market conditions and the company's resources and capabilities.

Working well with and through others, developing and bolstering competitive capabilities, and developing a suitable organizational structure are all necessary for successful strategy execution. Teamwork is necessary for successful strategy execution. Every manager is accountable for implementing strategies in their spheres of influence, and every employee actively contributes to this process.

 

Learn to know more about Rapid growth on

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3 0
1 year ago
The government has the ability to influence the level of output in the short run using monetary and fiscal policy. There is some
zubka84 [21]

The government has the capacity to influence the level of output in the short run by utilizing monetary and fiscal policy. There exists some disagreement as to whether the government should endeavor to stabilize the economy. The given statement is true.

<h3>What is the monetary and fiscal policy?</h3>

Monetary policy exists as a set of actions to control a nation's general money supply and achieve economic growth. Monetary policy strategies contain revising interest rates and changing bank reserve conditions. Monetary policy exists commonly categorized as either expansionary or contractionary.

In economics and political science, the fiscal policy exists as the use of government revenue assemblage and expenditure to control a country's economy. Fiscal policy exists the use of government spending and taxation to influence the economy. Governments typically employ fiscal policy to promote strong and sustainable growth and decrease poverty.

To create an economy more stable, active stabilization policy instruments that mitigate the effect of pessimism and optimism waves stand advocated. The waves of pessimism among consumers and businesses show the fall in aggregate demand. This fall in aggregate demand can be partly or fully offset by raising the money supply because the increase in money supply boosts aggregate demand.

The government has the capacity to influence the level of output in the short run by utilizing monetary and fiscal policy. There exists some disagreement as to whether the government should endeavor to stabilize the economy.

To learn more about monetary and fiscal policy refer to:

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7 0
2 years ago
What is the FIRST action you should take if you suspect there has been a fraudulent charge on your credit card?
ICE Princess25 [194]

Call up the credit card company and have them look into it

3 0
3 years ago
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