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3 years ago

Why should companies be careful to report cash and cash equivalents correctly?

1 answer:

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Companies should be careful to report cash and cash equivalents correctly because this is there responsibility. Companies must be prepared for random audits by the IRS and must show these records and calculations when the need arises. This will save a lot of money from penalties and other fees that may be owed to the IRS and can update the IRS of any incorrect calculations they may have.

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Match each scenario with the correct term. IPO, stock, mutual fund and NASDAQ. These are the scenarios:

earnstyle [38]

a small piece of ownership in a company - stock

a company’s initial offering of stock - IPO

a portfolio of stocks and bonds - mutual funds

a public stock exchange - NASDAQ

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2 years ago

Read 2 more answers

What is the purpose of a design brief?

Sedbober [7]

A project management document that allows you to identify the scope, scale, and core details of your upcoming design project.

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2 years ago

Mammoth Foods, a major agricultural corporation, recently purchased MJS Organic Foods Co. MJS was established six years ago and

Alexandra [31]

Incomplete question. The option read;

A) star

B) cash cow

C) dog

D) problem child

E) top gun

Answer:

A) star

Explanation:

Note, the Growth-Share Matrix is designed to assist companies in determining which among their investment portfolio is worth directing resources and capital into and that would be most profitable. It is represented in four quadrants.

Among all the quadrants, the Star quadrant is meant for investments with great future potential. We could recall that there's a positive projection for MJS, it was said that the "fruit market is expected to have a double-digit growth rate over the next decade." Hence, MJS would most likely be classified as a star.

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2 years ago

Cassandra's Boutique has 2,100 shares outstanding at a market price per share of $26. Sally's has 3,000 shares outstanding at a

Schach [20]

Answer:

E. $60,500

Explanation:

The value of Cassandra's Boutique to Sally's = Cash paid for the acquisition + Incremental cost = $58,000 + $2,500 = $60,500

Therefore, the value of Cassandra's Boutique to Sally's is $60,500.

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3 years ago

A country is currently producing bricks and spatulas using all of their resources and satisfying the wants of their economy. If

makkiz [27]

Answer:

C. The country will have a smaller marginal return from bricks.

Explanation:

This is because it will lead to an increased production in the economy and ppf will shift outward.

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2 years ago