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Naddik [55]
3 years ago
5

A statement of cash flows is different than a balance sheet or an income statement because it does not reflect the amount of inc

oming and outgoing transactions that have been recorded ________.
Business
1 answer:
nadezda [96]3 years ago
7 0

Answer:

on credit.

Explanation:

A company's cash flow statement does not show the company's net income, since it only recognizes cash sales and cash expenses, while it ignores sales on credit and expenses on credit, e.g. accounts receivable and accounts payable.

Depending on the industry that the company operates in, this may result in huge differences, e.g. a car dealer that sells through its own system of car loans vs. a retail store that sells everything on cash or  through credit card payments.

The main purpose of a cash statement is to show how well a company manages its cash position.

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Real estate agent Nancy Biggens is printing new business cards to advertise her real estate services. She is a broker who owns h
hjlf

Answer:

Nancy Biggens, REALTOR®

Explanation:

Based on the information provided within the question it can be said that the only way that Nancy may not display her name would be like so, Nancy Biggens, REALTOR®. This is mainly due to the fact that she is not a Realtor and cannot state to be one without having a realtor license. Which is required by law, and in order to get one she needs to meet the states requirements and pass an exam.

7 0
3 years ago
GAME DESIGN HELP!!! WILL MARK BRAINLIEST
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4 0
3 years ago
Divided Fantastic Frames sells its frames for $15 per unit. Variable costs total $6 per unit, and fixed costs total $90,000. If
denis-greek [22]

Answer:

An increased of $18,000

Explanation:

$15 per units

Variable costs $6

Increased in unit sold $2,000

Therefore;

(15-6)=9

9×2,000= $18,000

7 0
3 years ago
Information related to Kerber Co. is presented below.1. On April 5, purchased merchandise from Wilkes Company for $23,000, terms
diamong [38]

Answer: please refer to the explanation section for journals and notes

Explanation:

1 April

DR Inventory 23000

CR       Trade Payable    23000

inventory is purchased on Free on Board Shipping terms, risks and Ownership of inventory  transfers to Kerber Co the moment Wilkes company ships the inventory. inventory must be recognised

6 April

DR Freight costs 900

CR        Bank              900

DR Inventory   900

CR       Freight costs   900

Kerber Co Paid Freight costs of $900. There are two events happening in this transaction  being the payment of freight costs and the capitalisation of freight costs. Freight costs are capitalised  (included in the value of inventory) as they are costs necessary to get the inventory in to the premises of the customer (Kerber Co).

7 April

DR Equipment  26000

CR       Creditor/Liability 26000

Kerber Co purchase inventory on credit. equipment is debited because Equipment is an asset  and liability is credited.

8 April

DR Trade Payable 3000

CR    inventory              3000

Damaged inventory returned will decrease inventory balance and also decrease the amount owed to the creditor (Wilkes Company) . Trade Payable account is Debited and inventory account is credited to record the decrease in inventory and amount payable

15 April

DR Trade Payable 20000  

CR       Bank                    20000

23000 - 3000 = 20 000

recording payment made to the Creditor for inventory purchased or settlement of the trade payable account  

5 0
3 years ago
All of the following statements are TRUE about the use of defense tactics by the target firm during a hostile takeover EXCEPTa.
12345 [234]

Answer:

d. defense tactics make the costs of a takeover lower.

Explanation:

There's a take over attempt when a company is faced with a hostile takeover attempt.

Defense can be either pre offer takeover or post offer takeover.

In pre offer takeover defense, companies put mechanisms in place to discourage takeover attempts.

Pre takeover defense mechanisms include:

1. Golden parachute: this benefits the managers of a company. It is an agreement where managers are compensated lucratively if they leave the company being targeted for a takeover when there's a change in corporate control.

2. Fair price amendments: this sets a bidding value floor for a target company. This makes the company more expensive

3. Staggered board : this is when its impossible to change all the members of boards of a company.

4. Poison pill

5. Poison put

Post take over defense mechanism usually are put in place after a takeover attempt. They include:

1. White knight defesne : The takeover firm invites another company to purchase it in place of the firm planning an hostile takeover. This can lead to bidding and counter bidding by the third firm and the firm planning the hostile take over. This can eventually leads to winners curse. This usually increases the cost of takeovers

2. Litigation

Not all take over defense tactics are usually effective. Generally, preoffer take over tactics are usually recommended.

3 0
3 years ago
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