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katrin2010 [14]
3 years ago
10

"A​ firm's statement of cash flows uses the balance sheet and the income statement to determine the amount of cash a firm has ge

nerated and how it has used that cash during a given period."
1. True
2. False
Business
1 answer:
OleMash [197]3 years ago
6 0

Answer:

The answer is true

Explanation:

It is true.

All the line items found in cash flow statement are found in the income statement and balance sheet.

For example:

Cash received from customers can be gotten from revenue(income statement) and accounts receivable(balance sheet)

Cash paid to customers can be gotten from purchases (income statement) and inventory (balance sheet)

Cash paid to employees can be found in salary and wages expenses.

Cash received from sale of equipment can be gotten from cost of equipment (balance sheet), gain on sale of equipment (income statement)

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Why would you want to create a bar graph from a budget spreadsheet?
horrorfan [7]

B. To see where most of your money is going

I'm taking the test right now on apex.

5 0
3 years ago
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A consumer equilibrium is a situation in which a consumer has allocated​ _____ of her income in a way that​ _____. A. ​all; maxi
ludmilkaskok [199]

Answer:

The correct answer is (D) all, maximizes her total utility.

Explanation:

Consumer's equilibrium is a defined as a situation in which an individual uses his or her money to buy goods in a manner in which the person obtains the highest satisfaction and has no need for a change in the level of consumption on account of the price of the product.

Consumer equilibrum enables an individual to obtain complete satisfaction from his or her money. Consumer equilibrum is found by comparing the ratio of the marginal utility to the price of a commodity.

3 0
3 years ago
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Question: Do you think people have one true calling in life or are we all multipotentialites?
icang [17]

These people are held up as shining examples for the rest of us, and—while people like this certainly exist (no hate intended to the focused few!)—many of us simply don’t fit into their model. Through social cues and conditioning, we learn to believe in the romantic notion of the One True Calling: the idea that we each have one great thing we are meant to do with our life—OUR DESTINY!

What happens if you don’t fit into this framework? Let’s say you’re curious about several subjects, and there are many things you’d like to do with your life. If you’re unable or unwilling to settle on a single career path, you might worry that you don’t have One True Calling like everybody else, and that, therefore, your life lacks purpose.

It doesn’t. In fact, there is a very good reason for your tendency to shift between things, to devour new knowledge and experiences, and to try on new identities.

You are a multipotentialite

Have you been nodding your head along as you read? Good news! You are probably a multipotentialite: someone with many interests and creative pursuits. If this is the first time you’ve encountered the word, it might seem like a mouthful. If you have a hard time with multipotentialite or it doesn’t feel like a good fit for you, there are other options. Here are the most common terms for the kind of person we’re talking about:

Multipotentialite: someone with many interests and creative pursuits

Polymath: someone who knows a lot about many different things or a person of encyclopedic learning

Renaissance Person: a person who is interested in and knows a lot about many things

Jack-of-All-Trades: a person who can do passable work at various tasks; a handy, versatile person

Generalist: one whose skills, interests, or habits are varied or unspecialized

Scanner: someone with intense curiosity about numerous unrelated subjects (coined by Barbara Sher in her great book Refuse to Choose!)

Puttylike (adj.): able to embody different identities and perform a variety of tasks gracefully

There is no single way to be a multipotentialite. Some of us have a dozen projects on the go at once, others prefer to dive into a single subject for months or years, making it our sole focus until we switch to a new area entirely. A multipotentialite’s interests can occur simultaneously (several interests at one time), sequentially (one interest at a time), or anywhere in between.

To figure out your own place on this spectrum, think about your past interests, projects, and jobs. Notice any patterns? Do you tend to be interested in many different topics at once, or do you prefer to focus intently on one thing at a time before moving on to the next one (and then the next)? How many projects do you like to have on your plate at once, and how many is too many? Perhaps your capacity for taking on projects is like a stove: You have four pots on four burners; some are boiling on high while others simmer in the back. Maybe your metaphorical stove is more like the industrial range in a restaurant, with a griddle and an infinite number of projects sizzling away. Alternatively, maybe you have a campfire that produces one glorious blaze at a time.

4 0
2 years ago
1) true or false ?
dangina [55]

Answer:

ture

false

false

Explanation:

8 0
3 years ago
Read 2 more answers
Going to college is an expensive proposition. Determine whether the following costs of attending college are implicit or explici
ad-work [718]

Answer:

1. Time spent away from family is an implicit cost.

2. Transportation is an explicit cost

3. Forfeited working experience is an implicit cost

4. Books and materials is an explicit cost

5. Forgone earnings are an implicit cost

Explanation:

A college is an educational institution that provides opportunities for higher learning and specialized professional training. A decision to go to college should be conscious one that takes into consideration all the important aspects. The most important consideration is the cost of education, since attending college is usually an expensive proposition. One needs to consider the different costs that they will meet, whether implicitly or explicitly. Lets us consider the following implicit and explicit costs as shown;

1. Implicit cost: an implicit cost is a cost incurred without necessarily spending money. They are more of an opportunity cost that is calculated from the alternatives undertakings that one has sacrificed. An implicit cost is not an accounting cost but an economical cost that tends to consider options that are not actual expenditures. They are; time spent from family, forfeited working experience and forgone earnings. These are actually items that one sacrifices when he/she decides to go to college. Time spent from family is an implicit cost since one will spend most of his or her time in college. Attending college also means that one wont be able to go for a job and get some working experience while earning, therefor this is also an implicit cost. Explicit cost are determined by estimating the value of the activity sacrificed.

2. Explicit costs: an explicit cost is a type of accounting cost that needs one to actually spend money. It is an out of pocket cost where one has to use money to purchase a good or service. Examples are Books and materials. College students are often required to purchase specific books and materials for study. Transportation is also a cost that requires one to spend on bus fare or even cab fare to and from college. These are costs that require one to actually use money.

8 0
3 years ago
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