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Butoxors [25]
3 years ago
6

Suppose the balance on the current account is +$50 billion and the balance on the capital account is +$1 billion. The balance on

the financial account is
Business
1 answer:
Colt1911 [192]3 years ago
7 0

Answer:

-$49 billion

Explanation:

The balance on the financial account = capital account balance - current account balance = $1 billion - $50 billion = -$49 billion

The balance of payments (BOP) = current account balance + financial account balance + capital account balance

since BOP is always $0, then:

capital account balance = current account balance + financial account balance

$1 billion = $50 billion - $49 billion

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The income statement shows the difference between a firm's income and its costs--i.e., its profits--during a specified period of
Aloiza [94]

Answer:

True.

Explanation:

‘Cash Flow Statement’ is one of major financial statement that indicates the inflow and outflow of cash along with the reasons by categorizing each cash transaction in three activities i.e., operating, investing or financing activity. Non-cash transactions are not considered while preparing a cash flow statement.

The cash flow from operating activities is generally more than the net income after taxes.

The cash flow from operating activities includes only the cash transactions relating to the operations of the business. It ignores the non-cash transactions. On the other hand, net income is derived after deducting all the expenses (paid or unpaid) from the revenue earned, pertaining to a particular period.

Example: Depreciation expense is a non-cash transaction. It is treated as follows:

While calculating cash flow from operating activities, depreciation expense is ignored (added back to the net income) as it is a non-cash transaction.

On the other hand, depreciation expense pertaining to the accounting period is deducted from revenue to calculate net income after taxes.

Thus, the cash flow from operations is generally more than the net income after taxes.

5 0
4 years ago
Brooklyn Corporation is preparing its statement of cash flows for the past year. The company has gathered the following informat
irakobra [83]

Answer:

Statement of cash flows ending balance = $168,800

Explanation:

See the image to get the appropriate answer:

8 0
4 years ago
The primary goals of inventory managers are to maintain a sufficient quantity of inventory to meet customers' needs, ensure inve
lapo4ka [179]

Answer:

True

Explanation:

  • The primary goals of the inventory manager are to maintain a sufficient quantity and ensure the quality meets the standard and the expectations and also minimize the costs of the carrying inventory. Are responsible for the maintenance and formulation of the records for the new stock as delivered and shipped out.
3 0
3 years ago
What does it mean when we say that individuals as a group are net suppliers of funds for financial​ institutions? What do you th
Marysya12 [62]

<u>Answer:</u>

<em>Individuals, as a whole, spend less than they make. The excess is provided for financial institutions. </em>

<em></em>

<u>Explanation:</u>

In any market, the cost determines what providers get and what demanders pay. In money related markets, the individuals who supply monetary capital through sparing hope to get a pace of return, while the individuals who request budgetary capital by accepting assets hope to pay a speed of performance. This pace of recovery can arrive in an assortment of structures, contingent upon the kind of speculation.

Members in budgetary markets must choose when they want to devour merchandise: presently or later on. Financial experts call this essential intertemporal leadership since it includes choices crosswise over time.

4 0
4 years ago
As a new supervisor, you need to introduce yourself to your team of ten employees. the best medium for this type of non-routine
Stells [14]
The answer to this question is that the best medium would be a face to face meeting. A face to face meeting is a meeting where in group of people are being held in a specific meeting room to meet and discuss a specific agenda. Face to face meetings are said to be the best type of meeting because this ensures engagement and it is more efficient.
7 0
3 years ago
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