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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 <em>starting balance of the account, additions</em>, and deducts the <em>reductions</em>. 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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For each transaction indicate whether each account would be classified in the balance sheet as an asset

oksano4ka [1.4K]

Answer:

I'm not at this level

Explanation:

Note: I'm really sorry if I didn't answer this. I am just doing a challenge and earning points. Sorry

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3 years ago

Which behaviors might lead someone to have a low credit score?

lara [203]

IF they spend more than they can afford

If they cannot pay back their loans at all

If they cannot pay back their loans on time

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3 years ago

Read 2 more answers

Prepare a direct materials purchasing plan for January, February, and March, based on the following facts. Lana Gonzales owns a

larisa [96]

Answer:

January cost $702,200

February cost $812,200

March cost $950,400

Total Purchase cost

Particulars January February March

Purchase cost of blades $ 207,200.00 $ 227,200.00 $ 230,400.00

Purchase cost of motor $ 495,000.00 $ 585,000.00 $ 720,000.00

$ 702,200.00 $ 812,200.00 $ 950,400.00

Explanation:

R.M budget - blades

Particulars January February March April

Planned production 11000 13000 16000 12000

Blades req. per unit 4 4 4 4

Material req. for prod. 44000 52000 64000 48000

Add: Desired ending inventory 20800 25600 19200 0

Less: Beginning inventory 13000 20800 25600

Net units of blades req. 51800 56800 57600

Cost per blade $ 4.00 $ 4.00 $ 4.00

Purchase cost of blades $ 207,200.00 $ 227,200.00 $ 230,400.00

R.M budget - motor

Particulars January February March April

Planned production 11000 13000 16000 12000

Motor req. per unit 1 1 1 1

Material req. for prod. 11000 13000 16000 12000

Cost per motor $ 45.00 $ 45.00 $ 45.00

Purchase cost of motor $ 495,000.00 $ 585,000.00 $ 720,000.00

6 0

3 years ago

Product focused processes: allow more customization, but are not very efficient. are desirable because resource needs increase s

Vikki [24]

Answer:

The correct answer is letter "C": are processes that are specialized for relatively few products or customer groups.

Explanation:

Product-focused processes are those that follow a market segmentation. Companies decide to what sector of the market they will drive their efforts towards and specializes in the manufacturing of a determined good.

Production tends to involve high volumes and low variety process but provides manufacturers relatively high facility utilization. Examples of product-focused processes are the production of light bulbs or bolts.

4 0

3 years ago

Patrick has an adjusted gross income of $160,000 in the current year. He donated $30,000 in cash to a public charity, capital ga

Alexeev081 [22]

An$8,000

swer:

Explanation:

Non-cash contributions of capital gain property are subject to limit of 30% of AGI = 30% * 160000 = $48,000

$40,000 in property to public charity is allowable deduction (Contribution to private non-operating foundation is further subject to a 30% limit)

Hence, allowable deduction of contribution to private non-operating foundation = 30% * AGI (Contribution subject to 30% limit) = $48,000 - $40,000 = $8,000

5 0

2 years ago