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3 years ago

Which of the following statements is false?

Business

1 answer:

Naddik [55]3 years ago

5 0

Answer:

C. The statement of cash flows is prepared by calculating changes in all balance sheet accounts.

Explanation:

The net cash flow is a profitability measure that determines how much cash a business has generated in a particular year. The difference between cash inflow and cash outflow is the net cash flow. Net cash flow may also be described as the cash a business generates from its normal operations, less the operations and capital expenditures. Some financial statements will have net cash flow expressed at free cash flow.

Cash flow is a pointer of a company's financial strength. Positive cash flow provides the business with the ability to continue operating, develop new products, or extending into new areas. A company with positive cash flow is healthy and can meet its current liabilities.

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Any voluntary disenrollment occurring within three (3) months of the membership effective date is considered a rapid disenrollme

iragen [17]

Answer: true

Explanation:

The reports available on Aetna's producers world are ones Medicare business book, month or year of commission report and licensing reports.

The requirements necessary to have ready-to-sell Aetna Medicare status are

Aetna Individual Medicare certification for the products one intend to sell, active contract through Medicare Producer Contracting site, having a licensed in the state one wants to sell and also passed ng a check done background.

Any voluntary disenrollment occurring within three (3) months of the membership effective date is considered a rapid disenrollment and will result in a chargeback of the full commission paid is true.

8 0

3 years ago

You find a zero coupon bond with a par value of $10,000 and 14 years to maturity. The yield to maturity on this bond is 5.1 perc

Lelechka [254]

Answer:

Bond Price = $4940.8468 rounded off to $4940.85

Explanation:

The price of a zero coupon bond is simply calculated by calculating the present value of the face value of the bond that the bond pays at maturity. The formula for the price of a zero coupon bond is,

Bond Price = Face Value / ( 1 + r )^n

Where,

r is the rate or YTM
n is the number of periods left to maturity

Assuming that the r or YTM is always stated in annual terms, the semi annual YTM will be 5.1% / 2 = 2.55%

Assuming semi annual compounding periods, the total number of periods or n will be,

n = 14 * 2 = 28

Bond Price = 10000 / (1 + 0.0255)^28

Bond Price = $4940.8468 rounded off to $4940.85

7 0

3 years ago

The elements of the social media engagement process are

allsm [11]

Answer:

Engaging, Listening, and Analyzing.

7 0

3 years ago

Sheffield Corp. had a 1/1/20 balance in the Allowance for Doubtful Accounts of $34500. During 2020, it wrote off $21600 of accou

SashulF [63]

Answer:

The correct answer is $32,460.

Explanation:

According to the scenario, the computation of the given data are as follows:

Total uncollectible amount on 12/31/20 = $730,000 × 7%

= $51,100

So, now we can calculate the total bad debt expense by using following formula:

Bad debt expense = Total uncollectible - Allowance for doubtful Acc. + Amount wrote off

By putting the value, we get

Bad debt expense = $51,100 - $34,500 + ( $21,600 - $5,740)

= $51,100 - $34,500 + $15,860

= $32,460

5 0

3 years ago

1. What is the purpose of using credit?

enot [183]

Answer: To earn CREDIT

Explanation:

8 0

3 years ago