Answer:
How much debt and equity has the firm issued to finance its assets?
Balance Sheet
How much cash is a firm generating through operating, investing, and financing activities?
Statement of Cash Flows
If compensation for senior management is based on short-term performance of the firm, in the short run the firm is likely to:_________.
Overstate its earnings
Explanation:
The statement of cash flows in the financial statements prepared by the accountant shows outgoing and incoming cash for the period and also the cash balance . Balance sheet also called statement of financial position reflects or shows the assets and liabilities of the company which are broken down to equities and debts in classifying capital sources
Senior management can overstate earnings if company's performance in the short-run is the basis for their earnings. This is because long-term performance of company is not considered and short run earnings of company is characterized by short-sightedness, inflated figures and inconsistencies in performance to maximize earnings
The correct answer for the question that is being presented above is this one: "F. i and iii" Then the firm is maximizing total profit by producing and selling 40 units of output and <span>earns a per-period total profit of $240 </span>
Here are the choices:
A. i
B. ii
C. iii
D. iv
E. i and ii
F. i and iii
Answer:
B Installment credit
Explanation: An installment credit loan can have a repayment period lasting from months to years until the loan is paid off.
Answer:
-$12,000
Explanation:
Given that
Annually earning = $30,000
Renting annually = $12,000
Total revenue = $260,000
Total cost = $230,000
The computation of economic profit is shown below:-
Economic profit = Total revenue - Total cost - Annually earning - Renting earning - Renting annually
= 260,000 - 230,000 - 30,000 - 12,000
= -$12,000
The Johnson's can't sue the driver in the Federal Court because the Johnson's live in the same state (since the driver lives near the Johnson's in the same time) and the damages ($5,000.00) are too small.