1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
just olya [345]
3 years ago
8

Which of the following is not true about emergency funds?

Business
1 answer:
Aloiza [94]3 years ago
5 0
Emergency funds are used for anything not planned. C is the only one that is “planned” so that has to be the correct answer. C.
You might be interested in
In preparing a company's statement of cash flows for the most recent year, the following information is available:
lesya [120]

Answer:

c. $139,000 of net cash used.

Explanation:

Investing Activities shows results from Purchase or Sales of Assets or Investments.

Cash flow from Investing Activities

Purchase of equipment                                  (150,000)

Proceeds from the sale of equipment            131,000

Purchase of land                                             (120,000)

Net Cash used by Investing Activities           (139,000)

Net cash flows from investing activities for the year were: ($139,000)

4 0
3 years ago
The effects of paying a dividend on the basic accounting equation are to a. decrease assets and decrease stockholders' equity. b
Maslowich

Answer:

The corret answer is b. decrease assets and decrease liabilities.

Explanation:

First entry

Earnings Accrued (- Net Equity)

to various creditors (+ Liabilities)

Since the minutes of the assembly must indicate that they are taken from the profits of previous years, the accumulated profits are reduced.

Second entry

Miscellaneous creditors (- Liabilities)

to Banks (- Active)

The first entry represents transfer from one liability to another liability. Although we think that capital accounts are not liabilities, it is not true, given that the value of debt to shareholders of the value of your company, so we can group everything in the same bag.

When decreeing dividends, what is done is to cover a small part of that company value. That is, when dividends are decreed, they become part of a formalized liability.

The second entry is the cancellation of the liability, through one of the ways to extinguish the obligations: payment.

8 0
2 years ago
Privatisation refers to .... 
Nana76 [90]

Answer:

B)Transfer of assets from public to private

Explanation:

the government no longer owns the asset and it is traded to the private sector or when the company is taken over by a few people.

8 0
3 years ago
The records for the Clothing Department of Metlock’s Discount Store are summarized below for the month of January. Inventory, Ja
Leviafan [203]

Answer:

$83,300

Explanation:

Total at retail:

= Beginning inventory + Purchases - Purchase return + Transfers in from suburban branch

= $24,800 + $136,600 - $3,000 + $13,000

= $171,400

Ending inventory at retail:

= Total at retail + Net markups - Net markdowns - (sales - sales return) - Normal shortage

= $171,400 + $8,100 - $3,900 - ($94,300 - $2,500) - $500

= $171,400 + $8,100 - $3,900 - $91,800 - $500

= $83,300

7 0
3 years ago
What is the impact of all the different emirates coming
Rasek [7]

Answer:

The Federal supreme council is the highest constitutional authority in the United Arab Emirates, being the highest legislative and executive body.[1] It establishes general policies and sanctions federal legislation. It is the First Federal Authority in terms of ranking in the hierarchy of the Five Federal Authorities prescribed in the Constitution: Federal Supreme Council, Federal President and Federal Vice President, Federal Cabinet, Federal National Council, Federal Judiciary.

mark as barinliest if it helps u :)

3 0
2 years ago
Other questions:
  • Privacy concerns dictate that?
    10·2 answers
  • Small-business owner Marcos set up his Google Ads campaign by thinking of “obvious” keywords off of the top of his head. What's
    6·1 answer
  • What is the name of the practice that consists of requiring pickers to gather the items for several orders at once, but keep the
    13·1 answer
  • X-inefficiency refers to a situation in which a firm:
    12·1 answer
  • The additional unit of happiness that you receive from a decision is called the _____
    13·2 answers
  • Consumer surplus is A. a buyer's willingness to pay for a good plus the price of the good. B. the amount a buyer is willing to p
    10·1 answer
  • If Digipics were to begin selling the cameras it assembled directly to customers through a website operated by the company, this
    15·1 answer
  • The Morris Corporation has $350,000 of debt outstanding, and it pays an interest rate of 12% annually. Morris's annual sales are
    6·1 answer
  • Turner Inc. produces two products P1 and P2. The company has provided you with the following information. Assume that the curren
    9·1 answer
  • Harrington Industries, which uses a process-costing system, had a balance in its Work-in-Process account of $68,000 on January 1
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!