Answer:
c. The difference between the total debits and total credits for an account including the beginning balance.
Explanation:
An account wil be a concept of reality represent under a given label which, contains information about transaction that modifies their valuation in the company.
This means, there is something that can be measure in a monetary units.
There are transaction which increase their total value
and transaction which decreases his value.
All those transaction combined generate an ending balance, which is the state of the account at the given date.
For example
Mechandise Inventory: this account represent the inventory ready to sale for the business.
purhcase of inventory increase this account
sales from the business activities decreases it.
the ending balance will be the net effect fo the purchase and sales.
<span>No, there is no conflict between csi's and cfos and the companies shareholders. Shareholders are generally satisfied with officers of a company engaging any any sort of activity that will ensure their chances of getting higher amounts of money from stocks going up in value.</span>
Answer:
<u>A. A perpetuity is a stream of regularly timed, equal cash flows that continue forever</u>
<u>D. The current value of a perpetuity is based more on the discounted value of its nearer (in time) cash flows and less by the discounted value of its more distance (in the future) cash flows.</u>
<u>Explanation:</u>
First, we need to note that perpetuity is a term used in finance to refer to any continuous periodic payments of equal face value. In other words, the payments last forever.
Part of the characteristics of perpetuity is that the payments are of equal cash value and <em>the current value of a perpetuity is based more on the discounted value of its nearer (in time) cash flows</em> rather than by the discounted value of its more distance (in the future) cash flow.
Answer:
A.
Explanation:
Upper A bank's reserves are notes and coins in the bank's vault or in a deposit account at the Federal Reserve.
Upper A is a commercial bank, and it's bank reserve is The money it keeps on in it's bank vault, or it is money that the bank has kept in an account with the country's central bank which is the federal reserve.
If the Fed says banks are to reserve 10% of deposits and Upper A takes in $2,000,000 in deposits, it would berequired for the bank to keep $200,000 either in its bank vault or in its account with the Federal reserve.
