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likoan [24]
3 years ago
5

What is the first step in creating a cash flow statement?

Business
2 answers:
Damm [24]3 years ago
8 0

Answer:

Record your income.

Let me know how it goes!

Nimfa-mama [501]3 years ago
3 0
Thinking summarizes the operating, financing and investing activities of an entity
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Consider a hypothetical economy in which the marginal propensity to consume (MPC) is 0.50. That is, if disposable income increas
evablogger [386]

Answer:

The level of saving =  $450 billion - $400 billion= $50 billion

Marginal propensity to save = 1- marginal propensity to consume (MPC)=0.5

Expected consumption

MPC=  change in Consumption/ change in income 200 billion * 0.5 = $100billion

Therefore consumption = 100 billion + 400 billion = $500 billion

Saving = $650 billion - $500 billion=  $ 150 billion

Explanation:

4 0
3 years ago
Sally is a channel manager for the Carolina Bee Company, which offers bee
Yuliya22 [10]

Answer:

it might be B but I'm not sure

7 0
2 years ago
Zen Arcade paid the weekly payroll on January 2 by debiting Salaries and Wages Expense for $47,000. The accountant preparing the
Travka [436]

Answer:

The correct entry is to reverse the entry on December 3rd

Dr Salaries and Wages expenses of $27,000

Cr Salaries and Wages payable of $27,000

Explanation:

During the time of the accrued entry, which is on December 31st

the company registered

Dr Salaries and Wages PAYABLE of $27,000

Cr Salaries and Wages EXPENSES of $27,000

It was just an accrued entry to be able to identify the expenses to the balance sheet, but currently on the original expenses on January 3rd, the entry is reverse, then the real or main expenses is recorded in the balance sheet.

Dr Cash of $47,000

Cr Salaries and Wages EXPENSES of $47,000

7 0
3 years ago
When the price of summer tank tops falls and you buy more of them because they are relatively less expensive, this is calledA) t
svet-max [94.6K]

Answer:

The correct answer is A) the substitution effect

Explanation:

In other words, the substitution effect is when sales fall because the consumers change into cheaper alternatives when its price rises.

4 0
3 years ago
what are the two factors that go into which item is thought of as bought first, etc., when choosing between several possible pur
ANTONII [103]

Answer:

Fifo

Explanation:

Because the stock that is bought first should be the one to be purchased first

8 0
2 years ago
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