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3 years ago

Which argument would most likely be made by the author of the following passage?

1 answer:

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The author of this passage that discusses the troubles farms face in covering their costs with funds from the government would most likely argue that farms rely too much on funding (specifically governmental funding), and they should attempt to make their own money if possible. Also the author would argue that government funding is often not enough and farms should attempt to raise their own funds or revenues privately.

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What are the three activities according to which a statement of cash flows is organized?

HACTEHA [7]

Operations, Investing and Financing are the three activities according to which a statement of cash flows is organized.

Cash flow refers to the net balance of cash moving into and out of a business at a specific point in time. Cash is consistently moving into and out of a business.

For example- When a retailer purchases inventory, money flows out of the business toward their suppliers.

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2 years ago

If the total for this month's credit purchases is $550 at 24% annual interest, what is the total balance for the month after one

Westkost [7]

Answer:

560

Explanation:

Thats your answer.

8 0

3 years ago

Read 2 more answers

The Marketing Control Statement is a valuable statement for marketers because it only utilizes costs that the marketer can contr

pishuonlain [190]

Answer: True

Explanation:

The Marketing Control Statement is quite beneficial to marketers as it avoids fixed costs and shows them the variable and programmed costs both of which can be controlled. This enables them to know what they need to and can change in a way that they can come up with an optimal marketing mix to ensure profitability.

It is also a very uncomplicated statement to prepare which further ingratiates it to marketers who would like to avoid all the jargon of income statements.

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3 years ago

Internal control procedures for cash receipts do not require that:_____.

Alex73 [517]

Answer:

b. All collections for sales are received immediately upon making the sales.

Explanation:

Internal control, regarded as a process used in assuring objective of an organization in operational effectiveness as well as efficiency and reliable financial reporting, it is also used in assuring of compliance with laws as well as regulations and policies. Generally, internal control can be described as everything which is able to controls risks to an organization. It is a way the

resources of an organization are been

measured as well as been directed and monitored.

It should be noted that Internal control procedures for cash receipts require that:.

✓Custody over cash is kept separate from its recordkeeping.

✓Clerks having access to cash in a cash register should not have access to the register tape or file.

✓An employee with no access to cash receipts should compare the total cash recorded by the register with the record of cash receipts reported by the cashier.

✓Cash sales should be recorded on a cash register at the time of each sale

7 0

3 years ago

Based on the spreadsheet below, what is the net cash flow? A 2-column spreadsheet showing Cash Inflows and Cash Outflows. Total

Vadim26 [7]

The net cash flow is <u>A. $290.</u>

The net cash flow is the difference between the cash inflows and the cash outflows. It can be positive or negative. When the cash inflows are greater than the cash outflows, the net cash flow is positive. The opposite is the case when the cash outflows exceed the cash inflows.

<h3>Data and Calculations:</h3>

Total Cash Inflows = $2,040
Total Cash outflows = $1,750
Net cash flows = $290 ($2,040 - $1,750)

Thus, the net cash flow based on the spreadsheet is <u>A. $290.</u>

Learn more about the net cash flow here: brainly.com/question/4326360

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3 years ago