1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
elena-14-01-66 [18.8K]
3 years ago
9

The primary purpose of the statement of cash flows is to Select one: a. facilitate banking relationships. b. provide information

about the investing and financing activities during a period. c. provide information about the cash receipts and cash payments during a period. d. prove that revenues exceed expenses if there is a net income.
Business
2 answers:
eduard3 years ago
7 0

Answer:

C) Provide information about the cash receipts and cash payments during a period.

Explanation:

Cash flow statement is a financial statement that displays the effect of changes accounted in the statement of financial position on cash and cash equivalents. Cash flow statements involve how cash moved into and out of a business. Cash flow statements are used to determine businesses' ability to foot bills.

One primary purpose of a cash flow statement is cash flows is to provide information on cash receipts and cash payments from the operating and investing activities of a company during this period.

koban [17]3 years ago
3 0

Answer:

c. provide information about the cash receipts and cash payments during a period.

Explanation:

The purpose of statement of cash flows is to report all major cash receipts ( inflows) and cash payments ( outflows) during a period. This includes separately identifying the cash flows relating to operating , investing and financing activities .

The statement of cash flows does more  than simply report changes in cash.The statement of cash flows addresses important questions such as how does a company obtain its cash or spend its cash, or explains changes in cash by summarizing, classifying and  reporting a company's cash inflows and cash outflows for each period.

So Option C is the best choice

You might be interested in
A _____ is used for goods that must be produced at a specific site or that are so large and bulky that it isn't feasible to move
12345 [234]

Answer:

fixed position

Explanation:

A fixed position layout is where a product to be produced remains in a certain spot or location but the workers needed to work on the product , including machinery are moved to the place where the product is to be produced as at when required. This is because there may be limited space at the project site, hence component parts of the product to be manufactured are then coupled at other site and taken to the product site.

An example of fixed layout is the construction of dams, shipbuilding, buildings etc. A fixed position layout is most suited for heavy and fragile products.

6 0
4 years ago
Firms in which market structure hold the most market power? monopolistic competition monopoly oligopoly perfect competition
Oxana [17]
Monopoly. A good way to remember this is that "mono" means "one" so, they are always #1 when it comes to market power.
5 0
3 years ago
Read 2 more answers
How do I quit my job as cashier already wrote resignation letter
Fudgin [204]
Dont walk up to ur boss n dont say nun n jus walk out dat mf yo
4 0
3 years ago
Read 2 more answers
Describe personal selling. Personal selling is direct communication between a sales representative and one or more prospective b
ELEN [110]

Explanation:

<u>5.1 Discuss the role of personal selling in promoting products. What advantages does personal selling offer over other forms of promotion?</u>

Personal selling is a traditional sales method that consists of a more personalized service and a more efficient product promotion compared to other forms of promotion. This is due to the fact that, in a personal sale, there is the direct influence of the seller to explain the functionalities and characteristics of a product, which is usually done using sales and negotiation techniques that directly influence the buyer to feel the need for the product that is being promoted. The advantages of personal selling as opposed to other types of promotion, is the possibility of reducing the time and effort of purchase, since in this type of sale, the seller goes to the customer to offer the product.

<u></u>

<u>5.2 What are the major advantages of personal selling to the company selling a product? What are the advantages to the person or company buying the product?</u>

The biggest advantages of personal selling for the company that sells a product is the greater possibility of having a closed purchase, since the potential sales are made with your potential customers. There is also a decrease with other types of product promotion, which can be costly, such as advertising an advertisement on television, and which may not generate the expected goal of increasing product sales.

The advantages for the person or company that buys the product is the possibility of knowing and seeing the functionality of the product before purchasing and the possibility of negotiating and providing meaningful feedback, which can influence the seller to make the sales proposal more flexible by making it more attractive to the customer. Personal selling also creates value for the customer, as the service is personalized, based on their profile, characteristics, desires and needs.

7 0
3 years ago
Unencrypted information is:
erica [24]
C. Likely to be stolen & abused
6 0
4 years ago
Read 2 more answers
Other questions:
  • Potential founders assess their additional skills and they tailor their business to their
    7·1 answer
  • Rossdale Co. stock currently sells for $73.09 per share and has a beta of 1.23. The market risk premium is 7.00 percent and the
    14·1 answer
  • After initial investigation into this topic, you suspect that several problems you identified in your scope statement might not
    9·1 answer
  • Which of these careers interest you? Check any that apply.
    5·2 answers
  • Kelly wants to save money for an emergency fund. She decides to take advantage of the high interest rates of the holiday club he
    13·1 answer
  • Which of the following would not be a part of a company's human resources?
    7·1 answer
  • Sabv Corporation's break-even-point in sales is $840,000, and its variable expenses are 75% of sales. If the company lost $34,00
    10·1 answer
  • Listening well is an important skill that falls under what skill category?
    10·1 answer
  • Sam has two jobs, one for the winter and one for the summer. In the winter, he works as a lift attendant at a ski resort where h
    8·1 answer
  • True or False: Restaurants rarely adjust the amount they purchase of items
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!