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OlgaM077 [116]
3 years ago
10

Why might one firm have positive cash flows and be headed for financial trouble?

Business
1 answer:
Katena32 [7]3 years ago
6 0
A cash flow statement merely describes the net change in a company's cash flow in investment, operational, and financial activities at a given period in time. As such, a bad debt in the company's portfolio cannot be reflected correctly in the cash flow statement. A company can also result to selling products at a much lower prices than it purchased them. While this is reflected in the cash flow statement, it does not translate into overall profitability of the concerned company.
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ATTENTION I WILL GIVE BRAINLIEST!!!!
Katyanochek1 [597]
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3 years ago
On June​ 30, Coral, Inc. finished Job 750 with total job costs of $ 4 comma 500​, and transferred the costs to Finished Goods In
kherson [118]

Answer:

B. debit Cost of Goods Sold $ 4,500 and credit Finished Goods Inventory $ 4,500

Explanation:

The cost of goods sold will be 4,500 cost of the job 750

We are going to debit the cost of good sold for the amount it cost to make job 750

and credit the finished goods inventory as the amount of goods available for sale decreases.

When we sale we deliver an asset of ours (finished goods) thus, we have to make it decrease.

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Stanford owns and operates two dry cleaning businesses. He travels to Boston to aquire a restaurant. Later in the month, he trav
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Answer:

$4,522

Explanation:

As the restaurant is not acquired so the amount of $28,000 would be non-deductible

Also if the expenses is incurred so the maximum deduction allowed is in excess of $50,000 is $5,000

Now

= $51,000 - $50,000

= $1,000 reduction

And,  

= $5,000 - $1,000

= $4,000 deduction

Now

= $51,000 - $4,000

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Now

= $47,000 ÷ 180 months

= $261 × 2 months

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Now total deduction is

= $4,000 + $522

= $4,522

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2 years ago
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so,nominally,................... (copied by :- @-Venkatesh Rao cheap tricks-)

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2 years ago
Select all that apply Given the accounts below, choose all of the ones that affect equity. (Check all answers that apply.) Multi
Nataly [62]

The accounts that affect equity are revenues, common stock, expense, and dividends.

The following information should be relevant for the equity:

  • If there is an increase in revenue so the equity is also increased.
  • If there is an increase in the common stock so the equity is also increased.
  • If the expense is increased so it decreased the equity.
  • If the dividend is paid so the equity is decreased

In this way, the equity account is affected.

Learn more about the equity here: brainly.com/question/3841249

3 0
3 years ago
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