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babymother [125]
3 years ago
11

A flow of funds from savers to borrowers through financial intermediaries such as banks is ▼ direct indirect ​finance, while a f

low of funds from savers to firms through financial​ markets, such as the new york stock exchange is
Business
1 answer:
IgorLugansk [536]3 years ago
8 0
<span>As money flows from borrowers through the intermediaries, this becomes a form of indirect finance, since the business is not directly receiving the money. When the firms receive the money from the savers personally, this is a form of direct finance.</span>
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The objective of maximizing value for the shareholders provides an important theme in corporate finance. This objective is not w
Illusion [34]

Answer:

D

Explanation:

Agency conflicts arises  when the objectives of managers isn't aligned with that of shareholders.

Due to the objective of maximising value for shareholders, managers might be induced to engage in aggressive accounting practices in order to present a higher profits than might actually exist. This practice is unethical. This places more emphasis on profits than cash flows.

4 0
3 years ago
You work in the Accounting department and have been using a network drive to post Excel workbook files to your file server as yo
vichka [17]

Answer:

1 st - Save the workbook file to your hard drive - saving things first is always good.

2nd - Ask your network administrator to give you permission to access the folder - of course you need permission so you have to ask.

5 0
3 years ago
Pharoah Industries collected $106,000 from customers in 2019. Of the amount collected, $24,200 was for services performed in 201
vodka [1.7K]

Answer:

A. $33,200

B. $35,000

Explanation:

A. Computation for 2018 cash-basis net income

2018 cash-basis net income = $106,000 - $73,800

2018 cash-basis net income= $33,200

Therefore 2018 cash-basis net income is $33,200

(b) Computation for 2018 accrual-basis net income

2018 accrual-basis net income = ($106,000 - $24,200 + $39,400) - ( $73,800 - $29,100 + $41,500))

2018 accrual-basis net income= $121,200 - $86,200

2018 accrual-basis net income= $35,000

Therefore 2018 accrual-basis net income is $35,000

3 0
2 years ago
Adjusting entries are Select one: a. usually required before financial statements are prepared b. not necessary if the accountin
Flauer [41]

Answer:

Correct option is (a)

Explanation:

Adjusting journal entries are passed before financial statements are prepared to so as to confirm if revenue recognition and matching principles are complied with. Adjusting entries are required to be passed if transactions is spread over multiple financial periods. For example, adjusting entry is passed if goods are received this year but payment will be made next year.

Before income statement and balance sheet is prepared, these entries are passed. Thereafter, adjusting trial balance is prepared and finally financial statements are prepared.

4 0
3 years ago
Common unsponsored domain name extensions include:<br> .com<br> .org<br> jobs<br> .mobi
Leno4ka [110]
The answer should be .com
5 0
3 years ago
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