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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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Fill in the blanks.
IRISSAK [1]

Answer:

1. work hard .

2. are

3. $15.

Explanation:

1. In terms of Larry's total utility, it is worse for him to work hard .

Larry will prefer to shirk as this is easier for him to do than actually work hard, since he stands to generate $50. So it's worse for him to work hard.

2. Sondra and Larry together are better off if Larry works hard instead of shirking.

Sondra and Larry stand to generate more money if Larry works hard because they will lose if Larry decides to shirk instead.

3. The most Sondra should be willing to pay Carrie to supervise Larry, assuming supervision is sufficient to encourage Larry to work hard, is $15.

She should pay Carry an amount half the amount they stand to lose if Larry shirks. Since they stand to lose $30 if Larry shirks, she can pay Carrie $15 to supervise Larry.

6 0
4 years ago
Which is not considered major constraint on recruiting efforts:
Korvikt [17]

Answer:

The correct answer is letter "D": support of middle managers.

Explanation:

The Human Resources (HR) department is in charge of the recruitment process in every organization. Though there might be some limits at the moment of selecting new personnel such as the resources of the company, if the job offered is attractive enough or not, and if the company has a good reputation that attracts qualified labor hand.

<em>Middle managers do not represent a major constraint at the moment of recruiting new employees. In most cases, they are the ones requesting for more workers in their departments.</em>

8 0
3 years ago
Beginning raw materials inventory $ 15,200 Raw material purchases 60,000 Ending raw materials inventory 16,600 Beginning work in
garik1379 [7]

Answer:

$58,600

Explanation:

Calculation for what Healey Company's direct materials used for the year is:

Using this formula

Direct materials used for the year=Beginning Raw Materials + Raw Materials Purchased - Ending Raw Materials

Let plug in the formula

Direct materials used for the year = $15,200 + $60,000 - $16,600

Direct materials used for the year= $58,600

Therefore Healey Company's direct materials used for the year is:$58,600

3 0
3 years ago
The management accountant's responsibility under the Institute of Management Accountants (IMA) Statement of Ethical Professional
elixir [45]

Answer:

B) Integrity.

Explanation:

The Institute of Management Accountants is body, they are regarded as association for financial professionals and they were recognized globally.

The Four standards that is Been set up as ethical conduct in management accountants in IMA are;

✓competence

✓ confidentiality

✓integrity

✓credibility

Integrity which is one of the standards is essential, it involves the accountant been honest and be forthright when handling financial information of clients.

8 0
3 years ago
On May 31 of the current year, the assets and liabilities of Riser, Inc. are as follows: Cash $27,000; Accounts Receivable, $7,9
Tema [17]

Answer:

The amount of equity as at May 31 of the current year is $38,900

Explanation:

In this question, we are asked to calculate the amount of equity as of May 31st of Riser Inc given the list and values of its liabilities and assets. We use a mathematical approach.

Mathematically,

Assets = Liabilities + Stockholders' Equity

Cash + Accounts Receivable + Supplies + Equipment = Accounts Payable + Stockholders' Equity

$27,000+ $7,950+ $1,300+ $12,700= $10,050+ Stockholders' Equity

$48,950= $10,050+ Stockholders' Equity

Stockholders' Equity = $48,950 - $10,050

Stockholders' Equity = $38,900

4 0
4 years ago
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