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3 years ago

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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Which of the following is an example of economic globalization?

andreev551 [17]

D) a Japanese stores selling tea and spices from South Asia

4 0

3 years ago

ABC Company’s budgeted sales for June, July, and August are 14,800, 18,800, and 16,800 units, respectively. ABC requires 30% of

aleksandr82 [10.1K]

Answer:

The number of units to be produced in June and July is 16,000 units and $18,200 respectively

Explanation:

The computations are shown below:

Number of units produced in June

= Sale units + ending inventory units - beginning inventory units

where,

Sale units is 14,800 units

Ending inventory units = 18,800 units × 30% = 5,640 units

Beginning inventory units = 4,440 units

Now put these units to the above formula

So, the units would equal to

= 14,800 units + 5,640 units - 4,440 units

= 16,000 units

Number of units produced in June

= Sale units + ending inventory units - beginning inventory units

where,

Sale units is 18,800

Ending inventory units = 16,800 units × 30% = 5,040 units

Beginning inventory units = 18,800 units × 30% = 5,640 units

Now put these units to the above formula

So, the units would equal to

= 18,800 units + 5,040 units - 5,640 units

= 18,200 units

5 0

3 years ago

Ou are an auto mechanic by profession and own an airplane that is certified under a standard category airworthiness certificate.

Ivenika [448]

<span>The situations that could possibly happen after you succeed are aviation certified parts cannot be used because there is a chance that FAR is violated. It is a crime if done intentionally and you can face severe punishments like long terms of jail and huge fines,</span>

6 0

3 years ago

A business traveler joined the Starwood Preferred Guest Program in order to earn points each time he stayed overnight in a Westi

Anton [14]

Answer:

If it were up to me, i'd go with C, but feel free to correct me if i'm wrong

Explanation:

In customer relationship management (CRM), customer valuation is a scoring process used to help a company determine which customers the company should target in order to maximize profit.

This directly relates to the scenario were looking at. Sheraton might see that this guy goes there a lot, and wants to make him feel like hes getting a great deal, so he will continue to stay there. Technically he is getting a good deal, but it isn't going to change Sheraton's profits much.

4 0

3 years ago

: IAS 2 Inventories allows producers of gold and silver to measure inventories of those commodities at selling price, even befor

Tresset [83]

Answer:

Not only does IAS 2 norm allow this, also US GAAP allows this. I believe that the reasoning behind that is the following:

Holding precious metals in inventory is actually considered an investment. Precious metals are commodities, and since they can be easily traded around the world, just having them increases a company's wealth. The revenue recognition principle (top of the inverted pyramid) applies here even to any individual that finds gold nuggets by accident in the country side (no need to be a mining business). The fact that you possess gold increases your personal assets and net wealth. The same applies to other precious metals. This happens because gold or other precious metals can be easily converted into cash (extremely liquid), e.g. this same individual can go to a local jewelry or or a pawn shop and sell the gold nuggets he found.

If finding a gold nugget increases an individual's net worth, then imagine what holding a ton of gold does to a company. What makes gold and silver so special is that they are accepted everywhere. Remember that until the early 1970s, the worlds' currencies were based on the price of gold (gold standard). Most central banks in the wold hold gold reserves and they also follow this same logic. Price of gold increases, the wealth of the nation increases.

6 0

2 years ago