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pickupchik [31]
3 years ago
14

The balance sheet is a financial statement that measures the flow of funds into and out of various accounts over time, while the

income statement measures the firm's financial position at a point in time. True False
Business
1 answer:
ValentinkaMS [17]3 years ago
7 0

Answer:

The given statement is <u>False.</u>

A balance sheet is often described as a "snapshot of a company's financial condition.

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As part of a good Section 351 transaction Andy contributes his business with a basis of $200,000 in exchange for $300,000 worth
Brums [2.3K]

Answer:

Gain = $150,000

Explanation:

Given:

Contribution = $200,000

Exchange stock = $300,000

Cash = $50,000

Find:

Gain

Computation:

Gain = Exchange stock + Cash - Contribution

Gain = $300,000 + $50,000 - $200,000

Gain = $150,000

5 0
3 years ago
A firm has a debt-total asset ratio of 61 percent and a return on total assets of 11.4 percent. What is the return on equity
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8 0
3 years ago
Seymour owns 3 acres of beautiful waterfront property on a large inland lake. In his will, Seymour donates the land to the state
kolezko [41]

Answer:

The answer is: D) All of the above are correct.

Explanation:

A) The state beach will tend to be overused because it is a public good that cannot exclude anyone from using it.

B) The state beach is a direct competition to other public or private beaches when it is used by the general public, since only one can be used at a given point in time.

C) The state beach is a common resource because it provides users with tangible benefits.

7 0
3 years ago
According to arnold and bustos, which two sectors of the US economy are the mot carbon-intensive?
Stels [109]

Answer: Transportation and electricity generation

Explanation:

According to Arnold and Bustos, the two sectors of the United States economy that are the most carbon-intensive are the transportation sector and the electricity generation sector.

The transportation sector contributes a lot to the emissions of greenhouse gas emissions as they typically come when fossil fuel for ships, vans, planes, motorcycles, cars etc are burned. Also, the generation of electricity is also carbon intensive as carbon is being powered in order to generate electricity.

7 0
2 years ago
"what is unsolicited email that plagues employees at all levels and clogs email systems?"
Naddik [55]
Unsolicited email that plagues employees at all levels and clogs email systems is also known as spam. Spam emails are typically flooding everyone within the organization, with the same message and is usually something one would not choose to receive. The majority of spam emails that are sent out are commercial advertising which takes time away from receiving other necessary emails. 
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3 years ago
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