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2 years ago

Which of the following statements is CORRECT?

Business

1 answer:

Kaylis [27]2 years ago

5 0

A, B, D ,and E statements are correct

Explanation:

The main reason for the annual report is that it is utilized by investors when they expect future income and dividend from the company as well as the risks associated with those cash flows.

The statement of income shows the difference between the income and costs of a company–that is, its profits–over a given duration. Nevertheless, any income reported comes in cash and the expenditure reported always reflects cash expenditures. There will therefore be no substantial difference for the same period between a company's profits reported and its real cash flow.

Suppose all companies follow generally accepted standards of transparency. Two years ago, both companies started operations with similar fixed assets worth $1 million, and neither company sold either or purchased any of these properties. All firms would have to report to their balance sheets the same amount of net fixed assets as the statements are sent to creditors.

Assets other than currency are expected to produce cash over time and the amount of cash they generate will be the same as the amounts on the ledger.

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levacccp [35]

Answer:

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3 years ago

Marketing analytic approaches can be thought of by considering the level of analytic complexity and the value that is created fr

kaheart [24]

Answer:

a. Quality Software - Prescriptive Analytics

b. ABC Supermarket - Descriptive Analytics

c. Global Hospitality - Diagnostic Analytics

d. XYZ - Predictive Analytics

e. Manufacturing - Descriptive Analytics

Explanation:

Descriptive analytics is the strategy which uses the past data and creates a summary for historical data to create future analysis.

Predictive Analytics is the strategy which uses statistical calculations and models to predict the future.

Diagnostic Analytics is the strategy which the analyst observes the past event and then examines why certain situation happened. This is used by analysts to make sure that historic mistakes are not repeated.

Prescriptive Analytics is the strategy in which strategic planning is made after the operational activities are analyzed and then strategies are formed in order to plan future performance.

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2 years ago

Mickey is a 12-year-old dialysis patient. Three times a week for the entire year he and his mother, Sue, drive 20 miles one way

gavmur [86]

Answer:

The right approach will be "$ 1123.2".

Explanation:

The number of miles to be used will be:

= $40 \ miles \ round \ trip\times 3 \ trips \ per \ week\times 52 weeks$

= $6240 \ miles$

Now,

The item deduction will be:

= $Number \ of \ used \ miles\times 18 \ cents \ per \ mile$

= $6240\times 1123.2$

= $1123.2$ ($)

4 0

2 years ago

Anderson Corp. began the period with $200 of supplies. During the period, $500 of supplies were purchased. At the end of the per

IgorLugansk [536]

Answer:Amount of supplies used =$400

Explanation:

Beginning balance of supplies $200

Supplies purchased $500

Ending supplies balance on hand $300

Amount of supplies used = Beginning balance of supplies + Supplies purchased - Ending supplies balance on hand

= $200 +$500 - $300

= $400 is amount of the adjusting entry to record the amount of supplies used in Anderson Corp.

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2 years ago

A person who wants to cash his paycheck is advised to go to his bank rather than to a check cashing store because check cashing

Marianna [84]

<span>Often take a commission for their service. The commission could be a flat rate or a percentage of the check. Generally banks do not charge their customers to cash checks. A bank may charge a small fee to cash a check if the person is not their customer.</span>

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3 years ago