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
Bad White [126]
3 years ago
11

Which of the following statements is CORRECT?

Business
1 answer:
Oduvanchick [21]3 years ago
5 0

Answer:

d. The statement of cash flows shows how much the firm's cash, the total of currency, bank deposits, and short-term liquid securities (or cash equivalents), increased or decreased during a given year.

Explanation:

In a statement of cash flows , what we have shown is a summary of cash and also all equivalents if cash that goes into and also goes out if a firm or company. It provides to what extent that cash is being managed by a firm. Therefore option D is the answer to this question since it talks about how cash increases or decreases in a firm in a particular year

You might be interested in
Joanne and ed greenwood built a new barn with an attached arena. to finance the loan, they paid $1,307 interest on $45,000 at 4.
nikitadnepr [17]

Answer: The loan was taken for 265 days.

We arrive at the answer as follows:

First we find the ratio of interest paid to the total loan amount to determine the interest rate:

Interest paid  = $1,307

Loan Amount = $45,000

\frac{Int paid}{Loan amount} = \frac{1307}{45000} = 0.029044444

Since the interest rate calculated above is less than the annual interest rate at 4%, we conclude that the loan taken was for a period of less than one year.

We can determine the period for which the loan was taken as follows:

Let 'x' be the time for which the loan was taken.

We need to solve for x in the proportion below

0.04 : 365 ::  0.029044444:x

Solving we get,

\frac{0.04}{365} = \frac{0.029044444}{x}

x = \frac{0.029044444 * 365}{0.04}

x = 265.0305556

8 0
3 years ago
Project A requires a $280,000 initial investment for new machinery with a five-year life and a salvage value of $30,000. The com
solong [7]

Answer:

4 years

Explanation:

Payback period is the time in which a project returns back the initial investment in the form of net cash flow.

Initial Investment = $280,000

Net Income = $20,000

To calculate the net cash flows add bask the depreciation expense in Net income each year.

Depreciation = ($280,000 - $30,000) / 5 = $50,000

Net Cash Flow = $20,000 + $50,000 = $70,000

Payback period = Initial Investment / yearly cash flow = $280,000 / $70,000 = 4 years

5 0
3 years ago
Bruce is a single father with 1 child. He can work as a bagger at the local grocery store for $6 per hour up to 1,200 hours per
serg [7]

Answer:

$16,440

Explanation:

If Bruce is able to work 600 hours per year, his salary will be $3,600 (= $6 x 600), but he will lose $2,160 (= $3,600 x 60%) of welfare stipend.

His total welfare stipend is $15,000 if he is not able to work during the year.

Bruce's total income = $15,000 + $3,600 - $2,160 = $16,440

4 0
3 years ago
is the set of guidelines issued by the Equal Employment Opportunity Commission (EEOC) and other agencies to identify how an orga
hjlf
<h2>Uniform Guidelines on Employee Selection Procedure</h2>

Explanation:

This procedure is used to make

  • employee decision
  • including interviews
  • work samples
  • physical requirement
  • evaluation of performance
  • review experience from application form

These set of procedures are designed so that the nation's goal is achieved. Any employment opportunity should be given irrespective of colour, race, sex, religion, etc.

These are designed to help / support,

  • employer
  • labor organization
  • employment agencies
  • licensing and certification board, etc
6 0
3 years ago
Pinder co. produces and sells high-quality video equipment. to finance its operations, pinder co. issued $25,000,000 of five-yea
harina [27]

$23,021,820.82 is the correct answer. It is the present value of the future maturity value and the $875,000 interest payments, discounted at 4.5%.

First calculate the amount of each interest payment = 25000000*7%/2 = 875000<span>
<span>Calculate periodic market interest rate = 9%/2 = 4.5%</span></span>

4 0
3 years ago
Other questions:
  • How many hours a week can a surgeon work in Australia??​
    15·2 answers
  • Determining if products made in-house will be produced in one or more facilities, and if these facilities should be located in o
    8·1 answer
  • How will you measure the results of your launch: a) Executive Summary b)SWOT Analysis c) Product or Service Definition d) Compet
    5·1 answer
  • After a retiring from a successful business​ career, you would like to make a donation to your university. This donation will go
    9·1 answer
  • 1. Organize around outcomes, not tasks. 2. Identify all the organization’s processes and prioritize them in order of redesign ur
    6·1 answer
  • A bank is earning 6 percent on its $150 million in earning assets and is paying 4.75 percent on its liabilities. The bank's inte
    10·1 answer
  • The _____ section of a business plan should include ownership details.
    15·1 answer
  • One of the four conditions for perfect competition is few sellers and buyers. <br><br> True or False
    7·1 answer
  • Forecasts are the foundation of the planning process. There are many methods available but the trick is to find the one that fit
    5·1 answer
  • Recording transactions and events is known as
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!