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mafiozo [28]
3 years ago
9

Mark Paxson maintains that the statement of cash flows is an optional financial statement. Do you agree? Explain.

Business
1 answer:
AlekseyPX3 years ago
6 0

Answer:

I Disagree

Explanation:

The statement of cash flows is of extreme importance for a company and its stakeholders (especially investors). It shows how activities affecting the balance sheet and the financial statement also affect cash and cash equivalents, and while it is true that the balance sheet has an account under that name, it does not provide enough detail.

The statement of cash flows on the other hand details how much cash the company gets from financing, operating, and investing activities, and from this information, a potential investor can make crucial analysis when determining whether to invest or not.

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A production department's output for the most recent month consisted of 18,000 units completed and transferred to the next stage
Tema [17]

Answer:

32,400 units

Explanation:

Unit completed and transferred to next stage 18,000 units

Units in ending goods in process inventory (18,000 units × 80% complete) 14,400 units

Total 32,400 units

Therefore the equivalent units of production for the month, assuming the company uses the weighted average method will be $32,400 Units

3 0
2 years ago
The upward slope of the supply curve reflects the:
Jet001 [13]

Answer:

C.  is the answer.

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8 0
2 years ago
Coates Inc. experienced the following events in 2014, in its first year of operation: (1) Received $20,000 cash from the issue o
Nata [24]

Answer:

Explanation:

Please see attached file

7 0
2 years ago
The stock of Big Joe's has a beta of 1.40 and an expected return of 12.10 percent. The risk-free rate of return is 4.6 percent.
leonid [27]

Answer:

5.403%

Explanation:

Calculation for the expected return on the market

Using this formula

Expected return =(Expected return-Risk-free rate of return)/Stock beta +Risk-free rate of return

Where,

Expected return=12.10%

Risk-free rate of return=4.6%

Stock beta =1.40%

Let plug in the formula

Expected return =(0.121-0.046)/0.014+0.046

Expected return =0.075/0.014+0.046

Expected return=5.357+0.046

Expected return =5.403%

Therefore the expected return on the market will be =5.403

7 0
3 years ago
If a consumer requests additional information concerning an investigative consumer report, how long does the insurer or reportin
pentagon [3]

The correct answer to this question is:

“5 days”

<span>Under the Fair Credit Reporting Act (FCRA), consumers should be advised that they have a right to request further information regarding Investigative Consumer Reports, and the insurer or reporting agency has 5 days to present the consumer with the additional information.</span>

4 0
3 years ago
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