Answer:
Cashflow statement gives the true state of affairs of a business with respect to cash and cash equivalent. Whereas a company may report good profit, it may be running an unhealthy business because of its poor management of cash resources. As a result, such a business may run into troubles.
Cash from operating Activities is a healthy way of evaluating the core operations of the business, to make good investment judgment around the profit reported.
Net Income = $380,000
Add Depreciation (non- cash expense) = $70,000
Deduct Increase in Accounts receivables (non-cash income) = $30,000
Cash from operations = $420,000.
Answer:
Interest rates will rise
Explanation:
The reason is that the new process will lead to an appreciable rise in productivity in the energy sector. This rise in productivity positively affect the the rate of return on the investments of producers which indicates an increase in income. As people have more money to spend due to increase in income, demand will therefore rise. Increase in income would make the amount of savings and investment rise in the economy. The rise in investment will eventually lead to a rise all interest rates.
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Answer:
The answer is B. The audit opinion formulation process is based on the premise that management has responsibility to prepare the financial statements and maintain internal control over financial reporting.
Explanation:
Answer:
Target market.
Explanation:
Target market can be defined as a group of potential customers which a business directs it's marketing strategies. It can also be referred to as a group of customers to which a company wants to sell its varoius goods and services.
A target market are people that are willing to purchase a company's product, therefore the organization channels all their marketing campaigns to these group of people. Capturing a particular part of a market means that there will be less competiton for the organisation.
Answer: A tsunami is a series of great sea waves caused by an underwater earthquake, landslide, or volcanic eruption.
Explanation: