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Goryan [66]
3 years ago
14

A "financial snapshot" is a technique to establish:

Business
1 answer:
In-s [12.5K]3 years ago
4 0
It is to provide your clients a visual demonstration of their current financial situation, the raw numbers on where they are today, and what it would take for them to reach their goals and dreams.
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What are the two advantages and two disadvantages in breakevean analysis​
Scrat [10]

Answer:

Look at the explanation

Explanation:

<u>Advantages:</u>

1. Measure profit and losses at different levels of production and sales.

2. Predict the effect of cost and efficiency changes on profitability.

<u>Disadvantages:</u>

1. Assumes that sales prices are constant at all levels of output

2. Break even charts may be time consuming to prepare.

Hope this helps! :)

3 0
2 years ago
Puffin Corporation makes a property distribution to its sole shareholder, Bonnie. The property distributed is a car (basis of $3
Svetllana [295]

Answer:

Puffin’s E & P after taking into account the distribution of the car is $6,000.

Explanation:

E & P will be decreased by the higher of the adjusted basis or the fair market value of the distributed property, net of any liabilities. The distribution losses will not be taken into consideration when determining E & P. Thus the current E & P of Puffin’s $30,000 is reduced by $24,000 ($30,000 basis of the car minus the liability amount). The remaining after the distribution current E & P will be $6,000.

Therefore, Puffin’s E & P after taking into account the distribution of the car is $6,000.

5 0
3 years ago
James has $1500 to open a checking account. He can maintain a monthly balance of at least $1000. He plans to use the ATM four ti
Tanya [424]

Answer: Account A

Explanation:

Account A would be best for James as it provides the most value for the things he would like to do.

  • ATM charges are free with this account so he can use the ATM four times in the month at no charge
  • He would pay no monthly fees as he uses direct debit
  • He would pay an annual fee of $0
  • And as online payments are free, he would not have to worry about getting charged for the 8 bills to process in the month.

3 0
3 years ago
The difference between overhead applied to work in process and actual overhead is ______. Multiple choice question. ending work
FromTheMoon [43]

debits Depreciation expense, while the other debits Manufacturing overhead

Yw and pls mark me as brainiest

5 0
2 years ago
Which of the following statements is CORRECT?a. If the cost of capital declines, this lowers a project's NPV.b. The NPV method i
AleksAgata [21]

Answer:

Both C and D statements are correct

Explanation:

3 0
3 years ago
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