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In-s [12.5K]
3 years ago
10

In reviewing a bank's balance sheet, the liabilities are greater than the assets. What is the best explanation that could

Business
2 answers:
Alex777 [14]3 years ago
6 0

Answer:

cash

Explanation:

The top line, cash, is the single most important item on the balance sheet. Cash is the fuel of a business. If you run out of cash, you are in big trouble unless there is a "filling station" nearby that is willing to fund your business

Nat2105 [25]3 years ago
5 0
Yes your answer should be Cash i agree
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A government budget surplus from reduced government spending​ (no change in net​ taxes) will​ ________ the level of investment i
miss Akunina [59]

Answer:

Increase; Increase

Explanation:

A government budget surplus from reduced government spending​ (no change in net​ taxes) will​ increase the level of investment in the economy and​ increase the level of total saving​ (private plus​ public) in the economy

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3 years ago
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A business owner makes 60 items by hand in 45 hours. She could have earned $35 an hour working for someone else. Her total expli
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Zolezzi Inc. is preparing its cash budget for March. The budgeted beginning cash balance is $26,000. Budgeted cash receipts tota
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Answer:

Calculations below

Explanation:

beginning cash balance $    26,000

Add; Cash receipts         $ 105,000

Total cash available         $ 131,000

Less: Cash disbursments $ (94,000)

Excess (Deficieny) of cash available over disbursments $    37,000

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3 years ago
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Robert started his company in his parents' garage because he could not afford to rent an office space. Most of his finances were
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Answer:

having lower overhead costs.

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Robert started his company in his mother's garage so he did not have to pay rent or lease at the initial stage of his business. This gave him the opportunity to put his finances in essential aspects of his business.

Therefore he had an opportunity to reduce his overhead cost.

4 0
3 years ago
Joseph will start school on 9/1/14. He is expected to attend school for four years and will need to pay tuition of $50,000 on Se
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Answer:

e. $153,156

Explanation:

From 9/1/14, he needs $50,000 every year for 4 years to fund the tuition fees. Therefore, present value of the amount needed at 9/1/14 using the Present value of annuity due formula

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$186,162 is the amount needed after 4 years. Amount you need to invest today to have this amount in four years = $186,162/(1.05)^4 = $186,162/1.21550625 = $153,156.40

6 0
3 years ago
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