Answer:
How much debt and equity has the firm issued to finance its assets?
Balance Sheet
How much cash is a firm generating through operating, investing, and financing activities?
Statement of Cash Flows
If compensation for senior management is based on short-term performance of the firm, in the short run the firm is likely to:_________.
Overstate its earnings
Explanation:
The statement of cash flows in the financial statements prepared by the accountant shows outgoing and incoming cash for the period and also the cash balance . Balance sheet also called statement of financial position reflects or shows the assets and liabilities of the company which are broken down to equities and debts in classifying capital sources
Senior management can overstate earnings if company's performance in the short-run is the basis for their earnings. This is because long-term performance of company is not considered and short run earnings of company is characterized by short-sightedness, inflated figures and inconsistencies in performance to maximize earnings
A comparison of the subsidiary accounts to the schedules of accounts payable will help the accountant to <u>A. prove the accounts payable accounts at the end of a period.</u>
<h3>What is a Subsidiary Account?</h3>
A subsidiary account tracks the information of certain transactions in detail. Some of the most important subsidiary accounts include accounts receivable and accounts payable.
Thus, by comparing the subsidiary accounts to the schedules of accounts payable, an accountant proves the existence and completeness of the accounts payable balance at the end of a period.
Learn more about subsidiary accounts here: brainly.com/question/4656883
The foreign languages are Brazilian and
Answer:
$18,711.57
Explanation:
The amount that the Bob will be getting at the beginning of the each month for the next 30 years shall be determined through the present value of annuity formula which shall be determined as follows:
Present value of annuity=R+R[(1-(1+i)^-n)/i]
R=Amount that he will be getting per month for next 30 years=?
i=interest rate per month=5/12=0.4167%
n=number of payment involved=30*12=360 and since the first payment is made at the start of month, therefore the n=359
Present value of annuity=$3,500,000
$3,500,000=R+R[(1-(1+0.4167%)^-359)/0.4167%]
$3,500,000=R+186.05R
$3,500,000=187.05R
R=$18,711.57=payment per month