Answer: A - the rich to the poor
Explanation: At the broadest level, the financial system moves the scarce resources from the rich to the poor.
This means that at this level, the rich save more of the resources because they have more than enough while the poor borrows more cause they do not have enough to spend now and would prefer to borrow to meet their needs.
The officer responsible for managing the firm's cash flows is the <span>treasurer</span>.
Answer:
Transactions that create revenue :
Transaction B
Transaction C
Transaction D
Journal Entries :
<u><em>Transaction B</em></u>
Cash $900 (debit)
Sales Revenue $900 (credit)
<u><em>Transaction C</em></u>
Cash $10,000 (debit)
Unearned Revenue $10,000 (credit)
<u><em>Transaction D</em></u>
Cash $3,500 (debit)
Accounts Receivable $3,500 (credit)
Explanation:
Transactions that create revenue
Hint ; Revenue is the increases in income that results in increases in assets and decreases in liabilities
Answer:
B. 26,000, 24,000.
Explanation:
Stock Company
Equivalent units
Particulars Units % of Completion Equivalent Units
Mat. Conversion Mat. Conversion
Transferred Out 23000 100 100 23000 23000
<u>Ending WIP 3000 100 331/3% 3000 999.9= 1000</u>
<u>Total Equivalent units 26000 24000</u>
<u />
The Equivalent units can be calculated either by adding the units transferred out and ending WIP or by adding beginning WIP and units started.
Equivalent units for materials 26000
and Equivalent units for conversion are: 24000
Option B
Analysis of the general environment enables a firm to identify: opportunities and threats
<u>Explanation:</u>
The general environment usually has a sturdy impact on a firm's level of achievement, officials must pursue biases and circumstances as they emerge and attempt to envision the associations of these biases and circumstances.
The environmental inquiry is an imperative tool. It is a manner to distinguish all the outside and subjective factors, which can influence the organization’s execution. The review involves valuing the level of threat, an opportunity the determinants might impersonate. These determinants are succeeding rendered into further means.
