What fact or facts support a situation where trade is advantageous?

Investors and creditors are particularly interested in this financial statement because it tells them what is happening to the c

Sunny_sXe [5.5K]

Answer: D. balance sheet.

3 0

3 years ago

Solvency refers to: A. long-term ability to generate sufficient cash to satisfy plant capacity needs, fuel growth, and to repay

Papessa [141]

Answer:

A. long-term ability to generate sufficient cash to satisfy plant capacity needs, fuel growth, and to repay debt when due.

Explanation:

Solvency is defined as the long-term ability of a business the generate enough cash flow that will allow it to continue its operations and also to pay of its debt when due.

It is used as a measure of the financial health of the business.

A business with good solvency has a high probability of remaining in operation for the foreseeable future.

4 0

3 years ago

For each of the below, indicate where each item should be presented in the statement of cash flows (using the indirect method) u

Nataly_w [17]

Answer:

<u> Blank 1 </u> <u> Blank 2</u>

i. Depreciation expense A I

ii. Purchase of office equipment B D

iii. Decrease in accounts receivable A I

iv. Payment of cash dividends C D

v. Conversion of bonds into common stock D N

vi. Sold land and warehouse used in the corp. B I

vii. Gain on sale of land and warehouse in part vi. A D

viii. Issued common stock for cash C I

ix. Decrease in accounts payable A D

x. Increase in inventory A D

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf for the complete question.

How each of the item will appear in the the statement of cash flows (using the indirect method) is also provided below:

XYZ Company

Statement of Cash Flows (Indirect Method Format)

For the year...

<u>Details $ $ </u>

Operating activities:

Net profit xxx

Adjustment to reconcile net income:

i. Depreciation expense xx

iii. Decrease in accounts receivable xx

vii. Gain on sale of land and warehouse in part vi. (xx)

ix. Decrease in accounts payable (xx)

x. Increase in inventory <u> (xx) </u>

Net cash flows from operating activities xxx

<u>Investing activities:</u>

ii. Purchase of office equipment (xx)

vi. Sold land and warehouse used in the corporation <u> xx </u>

Net cash flows from investing activities xxx

<u>Financing activities:</u>

iv. Payment of cash dividends (xx)

viii. Issued common stock for cash <u> xx </u>

Net cash flows from investing activities <u> xxx </u>

Net cash flow for the year xxx

Beginning cash balance <u> xxx </u>

Ending cash balance <u> xxx </u>

Note: The does not affect the cash flows statement:

v. Conversion of bonds into common stock

Download pdf

8 0

3 years ago

Smith Company’s adjusted trial balance on August 31, 2013, its fiscal year-end, follows.

CaHeK987 [17]

A compute the company’s net sales for the year

6 0

3 years ago

The chapter identifies three governing mechanisms for strategic alliances: non-equity, equity, and joint venture. List the benef

Paul [167]

A strategic alliance is an arrangement between two companies to undertake a mutually beneficial project while each retains its independence.

The agreement is less complex and less binding than a joint venture, in which two businesses pool resources to create a separate business entity.

<h3>What is Joint Venture?</h3>

A joint venture is a child company of two parent companies.

It’s maintained by sharing resources and equity with a binding agreement. Whether it’s formed for a specific purpose or an ongoing strategy, a joint venture has a clear objective, and profits are split between the two companies.

<h3>What is Non – Equity Strategic Alliance?</h3>

In a non-equity strategic alliance, organizations create an agreement to share resources without creating a separate entity or sharing equity.

Non-equity alliances are often more loose and informal than a partnership involving equity. These make up the vast majority of business alliances.

Learn more about strategic alliances here:

<h3>brainly.com/question/19474063</h3><h3 /><h3>#SPJ4</h3>

3 0

2 years ago