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3 years ago

Ending cash balance is shown on which of the following financial statements?

Business

2 answers:

ELEN [110]3 years ago

8 0

Answer:

Explanation:

The ending cash balance is listed on the Statement of Cash Flows and Cash listed on the Balance Sheet is the balance as of the end of the year.

The balance sheet and Statement of Cash Flows are financial statements that companies issue to report their financial performance

The Statement of Cash Flowst shows the amount of cash and cash equivalents coming in and going out in the company.

The balance sheet lists the assets, liabilities, and equity of a company at a specific moment in time and proves the accounting equation

Cloud [144]3 years ago

3 0

Answer:

The correct answer is letter "B": Balance Sheet and Statement of Cash Flows.

Explanation:

The ending cash balance is obtained by calculating different earnings and expenditures incurred during the period. It includes the starting balance of the account, additions, and deducts the reductions. The result would represent the ending cash balance which is recorded in the Balance Sheet and Statement of Cash Flows of the financial statements.

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slava [35]

Answer:

It's false

Explanation:

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2 years ago

When needing to complete a currency exchange you should a _____

vampirchik [111]

I think you forgot to give the options along with the question. I am answering the question based on my knowledge and research. When needing to complete a currency exchange you should contact a financial institution like a bank, check online exchange rates and go to a currency exchange store. I hope that the answer has come to your help.

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3 years ago

Supervisors are apt to be directly involved in which activities related to human resources? (Select all that apply) Multiple sel

sergij07 [2.7K]

Supervisors are apt to be directly involved in activities related to human resources which includes job analysis and design, recommendation of pay increases, performance appraisals, and employee training.

<h3>What is Human Resources activities?</h3>

Human resource activities refers to all the activities related with manpower in a organisation. These includes recruitment, selection, training and development and performance appraisal.

A supervisor refers to a person who take all the administrative in charge within a company. He analyze and evaluate the performance of each employee and help them in involving in the activities related to human resources.

The responsibility of supervisor includes the needs of organisation, checking the performance of employee and provide them direction and support and encourage communication between employees and employer.

Learn more about Human Resource, here:

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4 0

1 year ago

You are making a $120,000 investment and feel that a 15% rate of return is reasonable, given the nature of the risks involved. Y

Nana76 [90]

Answer:

$5,681.08

Explanation:

The net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be found using a financial calculator

Cash flow in year 0 = $-120,000

Cash flow in year 1 = $48,000

Cash flow in year 2 = $54,000

Cash flow in year 3 = $76,000

Cash flow in year 4 = $-12,000

I = 15%

NPV = $5,681.08

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

6 0

3 years ago

Total payroll of Walnut Co. was $1,900,000, of which $330,000 represented amounts paid in excess of $118,500 to certain employee

babymother [125]

Answer:

Dr Salaries and Wages Expense $1,900,000,

Cr Withholding Taxes Payable $461,000,

Cr FICA Taxes Payable 124,890

Cr Cash 1,314,110

Dr Payroll Tax Expense 158,535

Cr FICA Taxes Payable 150,135

Cr FUTA Taxes Payable 3,360

Cr SUTA Taxes Payable 5,040

Explanation:

Walnut Co

Dr Salaries and Wages Expense $1,900,000,

Cr Withholding Taxes Payable $461,000,

Cr FICA Taxes Payable 124,890

Cr Cash 1,314,110

(1,900,000 – $330,000) × 7.65%+ ($330,000 × 1.45%)

=1,570,000×0.0765+4,785

=120,105+4,785

Dr Payroll Tax Expense 158,535

Cr FICA Taxes Payable 150,135

($1900,000 × 7.65%) + ($330,000 × 1.45%)

(145,350+4,785)

Cr FUTA Taxes Payable 3,360

($1,900,000 – $1,480,000) × .8%

420,000×.8%

Cr SUTA Taxes Payable 5,040

($420,000 × 1.2%)

7 0

3 years ago