Answer:
Option D would be the appropriate alternative.
Explanation:
- A broker dealer would be a company or organization engaged throughout the purchase as well as the sale of securities within its multiple occasions or even on behalf of the participants.
- Brokerage serves as an intermediary whenever it implements order information on behalf of the shareholders while acting mostly as a dealer or superintendent whenever it exchanges on one's consideration.
Other choices available aren't connected to that same scenario in the statement. So the answer here is just the perfect one.
Answer:
The correct answer is: Income statement.
Explanation:
The Income Statement is a report that measures a company's financial performance over a specific accounting period. This statement is also known as the Profit and Loss Statement and Earnings Statement. The Income Statement shows a company's <em>revenues, expenses, net profit, </em>and <em>net loss</em> from both operating and non-operating activities.
Answer:
Total cash collection= $53,000
Explanation:
Giving the following information:
Sales:
February $60,000
March $50,000.
Cash:
40% of the sales are in cash.
Credit sales:
50% in the month of sale
50% in the next month
<u>Cash receipts March:</u>
Sales in cash March= (50,000*0.4)= 20,000
Sales on account March= (50,000*0.6)*0.5= 15,000
Sales on Account February= (60,000*0.6)*0.5= 18,000
Total cash collection= $53,000
A substitute is something you replace and use something different in it's place.
Complement is something added to enhance the original
