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Hitman42 [59]
3 years ago
8

The statement of cash flows explains changes in a firm’s: A) Cash on hand and cash in the bank B) Cash and cash equivalents C) C

ash, cash equivalents, and accounts receivable D) Working capital
Business
1 answer:
notsponge [240]3 years ago
8 0

Answer:

C  Cash and cash equivalents

Explanation:

For Cash equivalent, you must understand that is less than 90 days short term-investment which must be readily for convertible to a known amount of cash and practically no risk, again, within 90 days

Source:  IFRS  IAS 7 Statement of Cash Flows—identification of cash equivalents

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Shroden is a consumer goods manufacturer. It manufactures cookies, batteries, toothpaste, and soap. In the context of operations
Ray Of Light [21]

Answer:

inventory

Explanation:

Every item that is produced or purchased by the business in order to resell it and earn profit through it as a normal purpose of business, is considered as inventory.

In the given instance, Shroden manufactures consumer goods, like cookies, batteries, etc:

And since he targets to sell them and earn profit, all these manufactured products is the inventory of his business.

3 0
4 years ago
In title theory states what clause is unique to the mortgage?
stich3 [128]

Answer:

Since a defeasance clause conveys title upon satisfaction of the loan, these types of clauses are typically only used in title theory states where the bank holds ownership of the home until the mortgage is paid off.

8 0
2 years ago
Haddie wrote a check to the grocery store for $156.00. However, when she looks at her check register later that night, she sees
miss Akunina [59]
Depends on the banks policy. My bank is pretty good, and with my opt in overdraft protection, there are no incurred fees.
6 0
3 years ago
Clarissa want to fund a growing perpetuity that will pay $5000 per year to a local museum starting next year. she wants the annu
Akimi4 [234]

Answer:

Clarissa needs to fund the growing perpetuity by $166666.67

Explanation:

A perpetuity is an investment that will give a future series of infinite payments so if the perpetuity gives you a periodic growth rate then you find the difference between the interest rate and the growth rate then use the perpetuity formula which is:

Pv = C/(i-g)

where Pv is the present value of the perpetuity which will be the initial investment.

C is the periodic payments that will be received in future in this case $5000

i is the interest rate given for the perpetuity which is 8%

g is the growth rate per fixed period which is 5%

thereafter we substitute on the above mentioned formula:

Pv= $5000/(8%-5%) then compute

Pv = $166666.67 which will be the initial investment for Clarissa to be paid $5000 per year until she dies.

 

3 0
3 years ago
The tax sheltered prgrma to encourage self employed people to acculumlate reitment funds is called?
romanna [79]

The tax sheltered prgrma to encourage self employed people to acculumlate reitment funds is called Keogh plan.

A Keogh plan is a tax-deferred pension plan available to self-employed individuals or unincorporated organizations for retirement functions. A Keogh plan can be set up as both a defined-benefit plan or a defined-contribution plan, though maximum plans are set as the latter. A Keogh plan is a type of retirement investment account for self-employed people and business owners. Contributions to a Keogh plan are made pre-tax, while withdrawals in retirement face income tax. Positive sorts of Keogh plans may have higher contribution limits than other retirement debts.

A Keogh plan (is a tax-deferred pension account for self-employed people and employees of unincorporated businesses. Like IRAs, an worker can also put almost available investment into a Keogh plan, and the investment earnings develop on a tax-deferred basis.

Learn more about Keogh plan here:-

brainly.com/question/14560326

#SPJ4

5 0
1 year ago
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