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2 years ago

Which statement is correct?

Business

1 answer:

qaws [65]2 years ago

6 0

Answer:

a. Accumulated Depreciation is used to reveal the value of the related asset on the date of the balance sheet.

Explanation:

"Accumulated depreciation is the total amount an asset has been depreciated up until a single point. Each period, the depreciation expense recorded in that period is added to the beginning accumulated depreciation balance. An asset's carrying value on the balance sheet is the difference between its historical cost and accumulated depreciation. At the end of an asset's useful life, its carrying value on the balance sheet will match its salvage value."

Reference: Tuovila, Alicia. “Accumulated Depreciation Definition.” Investopedia, Investopedia, 18 Oct. 2019

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At the beginning of 2021, Artichoke Academy reported a balance in common stock of $154,000 and a balance in retained earnings of

professor190 [17]

Answer and Explanation:

The preparation of the statement of the stockholder equity and balance sheet would be shown in the attachment below:

The formulas for ending retained earning balance and stockholder equity is

Ending retained earnings = Opening retained earnings + net income - dividend paid

And, the ending equity is

= Opening equity + additional shares

The same would be shown in the attachment

4 0

2 years ago

If total change in cash = $44,000, net operating cash flows = $22,000, and net investing cash flows = ($13,000); then net financ

Mnenie [13.5K]

Answer:

Net financing cashflows are $ 35,000.

Explanation:

A company generates cashflow from three activities that are cash from operations , cash from financing activities and cash from investing activities. The company net cash flow is total of these above specified. So we can determine net financing cashflows from the equation given below.

total change in cash = net operating cash flows + net investing cash flows + net financing cash flows

net financing cash flows = $ 35,000

8 0

3 years ago

The primary difference between the capital adequacy ratio (car) and the leverage ratio (lr) is?

Ainat [17]

The capital adequacy ratio (CAR) calculates a bank's available capital as a proportion of its risk-weighted credit exposures. The capital adequacy ratio, is commonly known as the capital-to-risk weighted assets ratio (CRAR). A leverage ratio is any of a number of financial metrics that examine the amount of capital that is borrowed (loans).

Learn more about capital adequacy Ratio (CAR ) And leverage Ratio (LR) here:

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5 0

1 year ago

Customers must see value in a product or service before they are willing to exchange time or money to obtain it, but not all cus

Leto [7]

Answer:

A demand curve

Explanation:

6 0

2 years ago

A client sustained a head injury when falling off of a ladder. While in the hospital, the client begins voiding large amounts of

dexar [7]

Answer:

The client should be tested for Diabetes insipidus (DI)

Explanation:

Literally, Diabetes insipidus (DI) is an uncommon disorder that causes an imbalance of fluids in the body. It is a rare condition that causes the body to make a lot of insipid urine. Alongside with lots of urination, this condition is characterized by an increased thirst.

Other symptoms are

Dry skin.
Constipation.
Weak muscles.
Bedwetting.

It is most likely that the client's kidneys can no longer concentrate the urine normally, hence; the reason why large amount of dilute urine is excreted.

If left untreated, diabetes insipidus can lead to brain damage and poor growth.

4 0

2 years ago

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