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rosijanka [135]
3 years ago
12

Which one of the following items is not generally used in preparing a statement of cash flows? Group of answer choices Adjusted

trial balance Comparative balance sheets Current income statement Additional information
Business
1 answer:
Katena32 [7]3 years ago
5 0

Answer:

Adjusted trial balance

Explanation:

In financial accounting, statement of cash flow can be regarded as a financial statement which give details of how changes that occur in balance sheet accounts as well as income have effect on cash as well as cash equivalents, it also helps in breaking down of analysis to operating as well as investing and other financing activities.

It should be noted that the following items are generally used in preparing a statement of cash flows;

✓Comparative balance sheets

✓Current income statement

✓Additional information

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tankabanditka [31]
The power and responsibilities of the top management of a corporation is : A. they manage the day to day operations of the corporation

For example, if you're a Relationship manager, you are obliged to handled all the things related in maintaining good relationship with the customers

hope this helps
8 0
3 years ago
The buyer notifies the seller in writing of a termination of the contract under the Loan Objection Deadline. What happens to the
-BARSIC- [3]

Answer:

The earnest money must be returned to the buyer.

Explanation:

The loan objection deadline sets a specific by which the buyer must present a written notification to the seller stating that he/she will not be able to purchase the property due to problems related to obtaining a mortgage loan (or really any other reason, since only the buyer knows about his/her loan status). After this date, if the buyer cannot secure the mortgage loan and finish the purchase, the earnest money will be lost and must be given to the seller.

5 0
3 years ago
You want to have $2.7 million when you retire in 37 years. You feel that you can save $600 per month until you retire. What APR
PilotLPTM [1.2K]

Answer:

9.87%

Explanation:

Calculation to determine What APR do you have to earn in order to achieve your goal

$2.7 million = $600{[(1 + r)444 − 1] / r}

r = .0082*100

r=.82%

r = .82% × 12

r = 9.87%

Therefore the APR you have to earn in order to achieve your goal is 9.87%

6 0
3 years ago
Suppose when you are offered $7.00 per hour to work in the campus library, you choose not to work, but when you are offered $10.
Leno4ka [110]
You develop your labor (human capital)

Due to scarcity, choices must be made. Every choice has a opportunity cost

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3 years ago
A common feature of skiing is waiting in lift lines.
pychu [463]

Answer:

The price should be increased to achieve a balance between supply and demand.

Explanation:

If visitors have to wait long for lift, this suggests that the demand is not matching the supply. In fact demand seems to be higher than supply which causes long wait for lift. An increase in price will cause the demand to fall and hence the supply will meet the demand and would result in less waiting for lifts.

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