Answer:
Ratio will be 0.92
So option (A) will be the correct option
Explanation:
We have given net cash flow from operating activities = $37570
So net operating cash flow = $37570
Current liabilities at the bugging of the year = $38400
Current liabilities at the end of the year = $43200
So average current liabilities 
We have to find the ratio of operating cash flow to current liabilities
So ratio will be 
So option (A) will be the correct option
Answer:
d. the monetary base decreases, loans decrease, and the money supply decreases.
Explanation:
In the case when the federal reserve reduce the reserve of the bank via open market operation so it would be resulted in decrease in the monetary base, reduction in the loan and the reduction in the money supply. Overall, all three things would be decrease
Therefore as per the given situation, the option d is correct
And the same would be relevant
Paul is responsible for recording sales transactions at his company. To minimize entry errors, Paul uses a (n) <u>accounting process</u>.
The accounting process is the set of steps that allows the economic operations of an entity or company to be expressed through financial statements.
This process is essential for any company since they will be able to see their expenses and income, and thus make projections and help it to minimize entry errors of the company.
- During the accounting process, the economic operations of the company are compiled (purchases of materials, sales of products), together with the documents that guarantee each operation.
- Finally, before the accounting process is closed, adjustments or modifications can be made that allow a reliable balance.
Therefore, we can conclude that Paul is responsible for recording sales transactions at his company. To minimize entry errors, Paul uses a (n) accounting process.
Learn more here: brainly.com/question/20871705
Answer:
The answer is given below;
Explanation:
The $ 5 collected will be treated as miscellaneous revenue.The cash over and short account will be credited for $5.
As the cash receipts are $ 105 and sales revenue is $100.The difference amount will be treated as miscellaneous revenue.
The journal entry will be;
Cash Dr.$105
Sales Revenue Cr.$100
Miscellaneous revenue Cr.$5
