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tankabanditka [31]
2 years ago
5

A calendar year reporting company preparing its annual financial statements should use the phrase "at december 31, 2016" in the

heading of which financial statements?
Business
1 answer:
ivolga24 [154]2 years ago
4 0

Financial statements include Income statement, Statement of Owner’s Equity, Balance sheet and Cash flow statement. Statement of Owner’s Equity and Balance sheet are prepared at a particular date at the end of the financial year or period.

Hence, A calendar year reporting company preparing its annual financial statements should use the phrase "at December 31, 2016" in the heading of Statement of Owner’s Equity and Balance sheet.



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Marcy Tucker received the following items this year. Determine to what extent each item is included in her AGI. (Leave no cells
musickatia [10]

Answer: A. $0

B. $500

C. $8,000

D. $0

Explanation:

A. $0.

The $25,000 is a cash gift from her parents which is a cash gift from relatives and so is not included in the AGI.

B. $500

The entire amount is included in her AGI as winnings from competitions are included in AGI calculations.

C. $8,000

Alimony payments are included in AGI calculations so the whole alimony figure is to be included.

D. $0

Cash inheritance is not to be included in AGI calculations for tax purposes so the entire figure of $100,000 should not be included.

6 0
3 years ago
3. Which one of the following statements is correct concerning the NYSE? a.) The publicly traded shares of a NYSE-listed firm mu
Gwar [14]

Answer:

c.) The listing requirements for the NYSE are more stringent than those of NASDAQ.  

Explanation:

The correct statement is c. NASDAQ and NYSE both is American stock exchange where share are traded. NYSE is world’s largest stock exchange in terms of market capitalization of listed companies and NASDAQ is second largest stock exchange. The listing requirements for NYSE are stringent and tough. A firm should have atleast $40 million market value of public shares to be listed on NYSE.

7 0
3 years ago
Read 2 more answers
What is the price of a stock today if it pays a Dividend TODAY of $2. Its growth rate is 5%, and its market return is 12%?
Nutka1998 [239]

Answer:

$30.00  

Explanation:

The price of the stock can be derived from the stock theoretical price formula given and explained below:

stock price=expected dividend/(market return-growth rate)

expected dividend=dividend paid today*(1+growth rate)

expected dividend=$2*(1+5%)

expected dividend=$2.10

market rate of return=12%

growth rate=5%

stock price=$2.10/(12%-5%)

stock price=$2.10/7%

stock price=$30.00  

8 0
2 years ago
A company has positive cash flows from operating activities, negative cash flows from capital expenditures, and negative cash fl
Shalnov [3]

Growth stage. Profits from the company should be able to comfortably cover overhead and pay employees at this point. Sales are probably rising, and profit margins have risen once capital investments and loans have been repaid by the business.

<h3>What these terms means?</h3><h3>A) Positive cash flow</h3><h3>B) Negative cash flow</h3><h3>C) Dividends</h3>
  • The net amount of cash and cash equivalents coming into and going out of a business is referred to as cash flow.
  • Money spent and money received represent inflows and outflows, respectively. Fundamentally, a company's capacity to produce positive cash flows, or more specifically, its capacity to maximize long-term free cash flow, determines its ability to create value for shareholders (FCF).
  • When a company has positive cash flow, its net balance on its cash flow statement for that particular period is higher than zero. In other words, the net result of all cash inflows and outflows over this period is positive rather than negative, and as a result, the company's cash reserves are increasing.
  • Because a capital expenditure involves money leaving your company, it has a negative value in comparison to income or revenue. Because they are being deducted from your balance sheet or show as a negative capital expenditure on cash flow statements, capital expenditures are negative.
  • a sum of money that is regularly paid by a business to its shareholders out of its profits (typically once per year) (or reserves) is called Dividends.

To know more about cash flows check this out:https://brainly.com/question/18301012

#SPJ4

8 0
1 year ago
Keys Printing plans to issue a $1,000 par value, 20-year noncallable bond with a 7.00% annual coupon, paid semiannually. The com
sveticcg [70]

Answer:

option b) -0.35%

Explanation:

For tax rate = 40%

After after-tax cost of debt = cost of debt × ( 1 - Rate )

= 7% × ( 1 - 0.40 )

= 4.20%

For tax rate = 45%

After after-tax cost of debt = cost of debt × ( 1 - Rate )

= 7% × ( 1 - 0.45 )

= 3.85%

Therefore, the change in cost of debt = 3.85% - 4.20% = -0.35%

Hence,

Correct answer is option b) -0.35%

3 0
2 years ago
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