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marissa [1.9K]
3 years ago
12

Tomas would like to know whether his new business will be profitable, how much financing he will need, and whether he will have

adequate cash flows. Tomas can get this information from:
Business
1 answer:
Crank3 years ago
3 0

Answer:

Pro forma financial statements

Explanation:

The term pro forma financial statements refers to a type of financial statement which estimates future financial results. It doesn't follow the GAAP, instead it is designed to focus on specific figures about a company's expected earnings. Although pro forma financials are only expected financial statements, it is still illegal to mislead investors using them.

By preparing a pro forma financial statement, Tomas will be able to estimate if his new business will be profitable or not, approximately how much financing he will need and estimate the future cash flows of his project.

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What is meant by assessment? Activities that occur between two or more businesses. Provides services for connecting network reso
stiks02 [169]

Answer:Documenting rules, procedures, and guidelines to be tested against a system.

Explanation:

Assessment means to analyzing  someone or something  in respect of its quality, quantity and other such characteristics. Generally, assessment is done by comparing the actual results with some predetermined criteria .

Assessment is done by firms to know whether there is a problem, where it is and how it can be solved so that future losses could be saved.

Hence from the above we can conclude that the correct option is C .

6 0
3 years ago
Stewart Parnell, the former CEO of the now-bankrupt Peanut Corporation of America, was charged with falsifying food safety repor
slega [8]

This is a case of Food safety fraud by Penanut corporation of America and the culprits where sentenced to prison in Albany,Georgia

Explanation:

  • In the above mentioned case the managers (c)who shipped the product knowing that it was contaminated where also punished .
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3 years ago
Equipment costing $16000 is purchased by paying $4000 cash and signing a note payable for the remainder. The journal entry shoul
grigory [225]

Answer:

c. credit to notes payable

Explanation:

Based on the information given we were told that the Equipment which cost the amount of $16000 was purchased by paying the amount of $4000 as cash which means that if the company sign a NOTE PAYABLE for the remainder. The journal entry should include a: CREDIT TO NOTES PAYABLE

5 0
3 years ago
Which best describes what happens to the amount of a good or service that is supplied to consumers? The amount of a good or serv
Debora [2.8K]

The amount of a service cannot change. But the quality of a service can change positively or negatively

3 0
3 years ago
Read 2 more answers
an annual bond selld for $865 with par value $1,000 and coupoin rate 8% what is bond yeild to maturity for 10 years
lisov135 [29]

Answer:

1.4484 %

Explanation:

The formula for Yield to Maturity =

[C + (FP - MP) /n]/FP + MP/2

Where

C = Coupon rate = 8% = 0.08

MP = Market value or price = $865

FP = Face or Par value = $1000

n = number of years = 10

Yield to Maturity =[ 0.08 +(1000 - 865) /10]/ 1000 + 865/2

Yield to Maturity = 1.4484 %

5 0
3 years ago
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