1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
madreJ [45]
3 years ago
9

In addition to the three basic financial statements, which of the following is also a required financial statement?

Business
1 answer:
balu736 [363]3 years ago
8 0

Answer: B Statement of cash flows

Explanation: Statement of cash flows is prepared as part of the report included when presenting a Financial Statement. It describes how the cash of an organisation is being managed. it is broken down into 3 parts and they are:

Cash flow from Operating activities

Cash flow from Investing activities

Cash flow from Financing activities

You might be interested in
Below are the account balances for a company at the end of December. Accounts Balances Cash $ 4,900 Salaries expense 1,950 Accou
Alexus [3.1K]

Answer:

See below

Explanation:

The preparation of the end December income statement for the company is seen below;

Service revenue

$8,800

Less:

Salaries expenses

($1,950)

Utilities expenses

($1,000)

Net income

$5,850

5 0
2 years ago
What is Baruch Shemtov's product, and how did he begin creating it?
N76 [4]

Answer:

Baruch Shemtov's product is tie

Explanation:

Baruch Yehudah Shemtov  was born on September 22, 1987.

Baruch has passionate about the design and the fashion from his young age, he was launched his first line of ties at just age 15 years.

he is a fashion entrepreneur since his junior class of high school

Today also Baruch ties routinely sellout in the tony department store and online

Baruch neckties and all accessories are made in USA

and In 2013, he launched boy ties collection and he coordinating with father-son neckties range at Bergdorf Goodman

5 0
3 years ago
Determine the amount of money that must be invested now​ (time 0) at 10​% nominal​ interest, compounded​ monthly, to provide an
Veseljchak [2.6K]

Answer:

the amount of money that must be invested now is $21068.87

Explanation:

Given that:

Nominal interest = 10%

Annuity = 7000

n = 8 years

The Effective interest rate is calculated by using the formula:

Effective interest rate = ( 1 + \dfrac{r}{100 \times n})^n-1

Effective interest rate = ( 1 + \dfrac{10}{100 \times 8})^8-1

Effective interest rate = 0.1045

Effective interest rate = 10.45 %

Thus ; the the amount of money that must be invested now​  is the present value with the annuity of ​$7, 000 per year for 12 ​years, starting eight years from now.

PV = 7000(\dfrac{(1+ 0.1045)^{12}-1}{0.1045(1 + 0.1045)^{12}})( \dfrac{1}{(1+ 0.1045)^8})

PV = 7000 × 6.666056912 × 0.4515171371

PV = $21068.87

Thus; the amount of money that must be invested now is $21068.87

4 0
3 years ago
One of the disadvantages that commonly plague advertisers on contemporary cable television is audience fragmentation. its high a
Nikolay [14]
Long lead time (the answer)(you’re welcome)
4 0
3 years ago
Fill in the blanks to complete the passage regarding the development of illegal markets in response to price ceilings. – are ill
djverab [1.8K]

Black markets are illegal markets that emerge in response to price controls. A few buyers are able to obtain the good at the open-market price; the rest must resort to illegal means. The additional demand is met by underground suppliers selling at much higher prices.

The government does not support the black market or any of their actions with getting items and selling them in other forms. Those who are in demand of a good when they have a hard time in getting it may purchase it illegally at a higher price just so they can receive that good. When there is an exchange of goods in the black market, these items are usually prohibited by the government and therefor illegally being sold.

3 0
4 years ago
Other questions:
  • Katie's Dinor spent $84,000 to refurbish its current facility. The firm borrowed 80 percent of the refurbishment cost at 9.2 per
    14·1 answer
  • What weakness is revealed by always being late to team practice
    8·2 answers
  • FIFO and LIFO are two common methods used to compute the depreciation of tangible assets. True or false?
    15·1 answer
  • Many people have argued that the skills needed to be successful in today's workforce have changed. What skills do you feel an in
    10·1 answer
  • There are two techniques of egg production: free range (where hens roam around the farm) or factory (where hens are fed and wate
    8·1 answer
  • What is it called when banks record which account gives up money and which account receives money when a customer writes a check
    15·1 answer
  • At the end of 2011 Mardle Inc. reported retained earnings of $1,504 . At the end of 2012, the retained earnings were $4,863 . If
    9·1 answer
  • The three primary policy tools available to those officials in charge of our country's monetary policy are a reserve requirement
    12·2 answers
  • Hourly, blue collar jobs always pay less than salaried, white collar jobs.
    5·2 answers
  • Business owner robert should use ________ schedules of reinforcement to keep his employees mentally alert and interested.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!