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4 years ago

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

Business

2 answers:

ELEN [110]4 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]4 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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William Welsh, a former Air Force pilot, decides to operate a helicopter tour company to provide customers with breathtaking vie

vekshin1

Answer:

labor

Explanation:

There are four factors of production; land, labor, capital and entrepreneurship:

William is the entrepreneur,
Capital accounts for the helicopters, facilities and the advertisement.
Land in this case is the plot of land where the business will be located.
But who will fly the helicopters and perform maintenance operations? Who will sell the tours and perform administrative tasks? William will not fly the 5 helicopters himself, perform maintenance operations and sell the tours.

8 0

3 years ago

Read 2 more answers

Susan can pick 4 pounds of coffee in an hour or gather 2 pounds of nuts. tom can pick 2 pounds of coffee in an hour or gather 4

Kryger [21]

Answer: Total earning is $96 for both Susan and Tom

Explanation:

Susan can pick 4 pounds of coffee or 2 pounds of nuts.

Tom can pick 2 pounds of coffee or 4 pounds of nuts.

Price of Coffee = $2 per pound

Price of Nuts = $2 per pound

Opportunity cost of producing coffee for Susan = 2/4 = 0.5

Opportunity cost of producing coffee for Tom = 4/2 = 2

Opportunity cost of coffee is low for Susan, so she has a comparative advantage in it.

So, Susan produces 6*4 = 24 pounds of coffee, total revenue from sale of coffee is $24*2 = $48

Opportunity cost of producing Nuts for Susan = 4/2 = 2

Opportunity cost of producing Nuts for Tom = 2/4 = 0.5

Opportunity cost of coffee is low for Tom, so he has a comparative advantage in it.

So, Tom produces 6*4 = 24 pounds of nuts, total revenue from sale of nuts is $24*2 = $48

So, $total earning = $48+$48 = $96$

5 0

4 years ago

xavier and shawn are co-owners of a party-planning business. they split all of the profits 50-50 and are able to make decisions

Dominik [7]

xavier and shawn are co-owners of a party-planning business. they split all of the profits 50-50 and are able to make decisions that are binding on both parties. General partnership

<h3>What is partnership?</h3>

A formal agreement between two or more parties to run a business, share earnings, and manage it is known as a partnership.

Partnership agreements can take many different forms. Particularly in a partnership business, all partners equally share obligations and rewards, although in other businesses, partners may have limited accountability. The so-called "silent partner" is another option, in which one party does not participate in the day-to-day management of the company.

A partnership is a contract between two or more people to manage a business's operations and split the company's assets and liabilities.

All partners in a general partnership are equally responsible for the business's assets and liabilities.

To learn more about partnership from the given link:

brainly.com/question/25623677

#SPJ4

7 0

2 years ago

When creditors, managers, and investors look at expenses as a percentage of revenue, they are __________.

sineoko [7]

Answer:

Doing a financial statement analysis.

Explanation:

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

Financial statement analysis can be defined as the process of analyzing, estimating and reviewing the financial statements of a business firm or organization in order to make better economic decisions and profits in the future.

Hence, when creditors, managers, and investors look at expenses as a percentage of revenue, they are doing a financial statement analysis.

7 0

3 years ago

Miracle Clean's variable costs are $3.00 per bottle and Fixed Expenses are $350,000 per year. The company currently sells 150,00

DerKrebs [107]

Answer:

131,250= number of units

Explanation:

Giving the following information:

<u>We need to calculate the number of units to be sold to maintain a profit of $175,000.</u>

Unitary variable cost= $3

Fixed expenses= $350,000

Selling price= $7

Net income= total contribution margin - fixed cost

175,000= number of units*(7 - 3) - 350,000

525,000 = number of units*4

525,000 / 4= number of units

131,250= number of units

7 0

3 years ago