When it comes to the deformation of rocks, it is believed that water weaken the chemical bonds that constituent mineral grains. Water forms a film around the mineral and weaken the bonds. This is why wet rocks tend to act in a more ductile manner. If a rock is dry, they tend to be more brittle.
Answer:
$9,400
Explanation:
The computation of ending balance in the Allowance for Doubtful Accounts account is shown below:-
The ending balance in the Allowance for Doubtful Accounts account = Net credit sales × Bad debt losses + Unadjusted credit balance
= $190,000 × 3% + $3,700
= $5,700 +$3,700
= $9,400
Therefore for computing the ending balance in the Allowance for Doubtful Accounts account we simply applied the above formula.
At the point of sale, there is an increase in the effect on the cash flow of abc.
What is cash flow?
A cash flow is a real or virtual movement of money.
- A cash flow in its narrow sense is a payment (in a currency), especially from one central bank account to another; the term 'cash flow' is mostly used to describe payments that are expected to happen in the future, are thus uncertain and therefore need to be forecast with cash flows.
- A cash flow is determined by its time t, nominal amount N, currency CCY and account A; symbolically CF = CF(t,N,CCY,A).
- It is however popular to use cash flow in a less specified sense describing (symbolic) payments into or out of a business, project, or financial product.
- Cash flows are narrowly interconnected with the concepts of value, interest rate and liquidity. A cash flow that shall happen on a future day t(N) can be transformed into a cash flow of the same value in t(0).
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Answer:
Financial picture
Explanation:
The phrases is suitable because An income statement will give a general picture for stakeholders regarding the company's financial condition in the past year.
it consist of several important financial information that might influence investors to either put their money into the businesses or simply abandoned it. Such as how much income that the company able to generate, the amount of expenses that the company have to pay for the operation, how much of the income is liquid, etc.
