Which of the following is an outflow of cash?

E1-7 Preparing an Income Statement [LO 1-2]Home Realty, Incorporated, has been operating for three years and is owned by three i

Juli2301 [7.4K]

Answer:

Explanation:

In the income statement, the total revenues and the total expenses are recorded.

If the total revenues are more than the total expenditure then the company earns net income

And, If the total revenues are less than the total expenditure then the company have a net loss

This net income or net loss would reflect in the statement of the retained earning account.

The preparation of the income statement is presented in the spreadsheet. Kindly find the attachment below:

6 0

3 years ago

What is the definition of a meeting planner?

Yuliya22 [10]

Answer: Option (A) is correct.

Explanation:

An event planner or meeting planner is an individual who is responsible for bringing together every individual implicated in producing a get-together, incentive, special event. This individual understands the intent of the task, or organization's rationale. This requires working with a diverse range of people within the organization, also resources that are considered as external.

4 0

3 years ago

the graph shows the curves facing a profit maximizing monopolistic competitor. label each curve with the appropriate term.

Katen [24]

A monopoly is a market situation in which a good or service is offered by only one company. The existence of a monopoly presupposes that there are no other exchangeable products on the market for buyers.

The conditions that can cause the creation of a monopoly are many: state legislation that prohibits other companies from operating in a market, the overwhelming superiority of a company over its competitors, the neutralization of rivals with appropriate strategies by the monopoly company, and special market characteristics that allow profitably running just one business, between others.

The monopoly company has the ability to influence the quantity or price of a good, as it wants, since it can and does control the market.

Learn more in brainly.com/question/5992626

4 0

2 years ago

you want to buy a house for $216,500. you can get a loan for 90% of value. you will also have to pay 1.5 points on the loan. if

Stells [14]

The amount the borrower would deliver at closing is $21,974.75

What does 1.5 points mean for mortgage?

The 1.5 points refer to 1.5% of the loan amount, as a result, the total amount the borrower would have to deliver at closing is the down payment of 10%(100%-90%) plus 1.5% of the loan amount

loan amount=purchase price*90%

purchase price=$216,500

loan amount=$216,500*90%

loan amount=$194,850

down payment=purchase price-loan amount

down payment=$216,500-$194,850

down payment=$21,650

1.5% of down payment=1.5%*$21,650

1.5% of down payment=$324.75

total payment at closing=$21,650+$324.75

total payment at closing=$21,974.75

Find out more about down payment on:brainly.com/question/22846480

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3 0

1 year ago

What are the five economic activities?

slava [35]

The five economic activities are:

producing, exchanging, consuming, saving, and investing.

100% Correct on Gradpoint :)

4 0

3 years ago