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3 years ago

A detailed description of the money your business makes and expends every month for the first year is called a(n)

Business

2 answers:

juin [17]3 years ago

4 0

Hello there,

A detailed description of the money your business makes and expends every month for the first year is called a(n)

Answer: A ) cash-flow statement.

ivolga24 [154]3 years ago

3 0

Answer:

cash-flow statement ( A )

Explanation:

cash-flow statement gives the detailed description of cash receipts ( money received by the business) and cash outflows( money spent by the business) expenses incurred in purchasing equipment,property and also cash paid in other form of acquisition are also imputed and it is necessary to be done or started before the end of the first year of every business. it shows the profit and loss made by the business as well

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A fire has destroyed a large percentage of the financial records of the Inferno Company. You have the task of piecing together i

oee [108]

Answer:

11.11%

Explanation:

The computation of the return on assets is given below:

But before that following calculations need to be done

Total assets = Total debt ÷ Total debt ratio

= $657,000 ÷ 0.31

= $2,119,354.839

Total equity = Total Assets - Total Debt

= $2,119,354.839 - $657,000

= $1,462,354.839

Net profit = Total equity × Return on equity

= $1,462,354.839 × 0.161

= $235,439.129

And, finally

ROA = Net profit ÷ Total Assets

= $235,439.129 ÷ $2,119,354.839

= 11.11%

7 0

3 years ago

Bond J has a coupon rate of 3 percent. Bond K has a coupon rate of 9 percent. Both bonds have 14 years to maturity, make semiann

beks73 [17]

Answer: -18.80% for bond J, -15.46% for bond K

Explanation:

If interest rates suddenly rise by 2 percent, the percentage price change of bond J is -18.80% while the percentage price change of bond K is -15.46%

The calculation is provided below

8 0

3 years ago

bought 2,000 shares of Print Company stock for $12,780. She sold the stock for $7 per share and paid a sales commission of $26.

Svetach [21]

Answer:

$1,194

Explanation:

The buying price of the shares was $12,780

The selling price was $7 dollars for each.

The total amount realized is 2000 share x $ 7

=$14,000

The commission paid is $26

Net amount obtained is $14,000 -$26

=$13,974

Profit will be $13,974 -$12,780

=$1,194

6 0

3 years ago

If the money supply is $500 and nominal income is $3,000, the velocity of money is A. 1/60. B. 1/6. C. 6. D. 60.

algol [13]

Answer:

The correct option is c.6

Explanation:

For computing the velocity of money, the following formula should be used which is shown below:

The Velocity of money = Nominal income ÷ money supply

where,

Nominal income is $3,000

and, the money supply is $500

Now put these values to the above formula so that we can find out the answer

So, the answer would be equal to

= $3,000 ÷ $500

= 6

Thus, the velocity of money is 6

Hence, the correct option is c.6

5 0

3 years ago

When an electrical circuit is capable of conducting current.

mario62 [17]

Answer: When the switch is closed.

Explanation: The current is the flow of charges, the current can only flow when the switch is closed

3 0

3 years ago