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GalinKa [24]
3 years ago
14

I got 100k for the balance of the investment when I did the math so how is it 98k?

Business
1 answer:
ioda3 years ago
6 0

Answer:

because you spend 1k or more

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liraira [26]

Answer:

True

Explanation:

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3 years ago
The ratio of cash to monthly cash expenses is computed as _____. cash as of year-end divided by monthly cash expenses beginning
gulaghasi [49]

Answer:

Computation of the Ratio of Cash to Monthly Cash Expenses:

None of these choices are correct.

Explanation:

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But, in doing this calculation, first determine the monthly cash expenses, as given above.  With the resulting figure, you can then apply to the Ratio of Cash to Monthly Cash Expenses.

The Ratio of Cash to monthly cash expenses helps a company to assess how long it can continue to operate given the heavy expenses burden it is experiencing, if it is a startup company.  It also helps a company in distress to determine how long it could continue to operate before generating positive cash flows.

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4 years ago
Riders reports the following assets and liabilities. Compute the totals that would appear in the corporation’s basic accounting
mylen [45]

Answer:

See below

Explanation:

Assets are the valuables a business owes while liabilities are the items the business owes to third parties.

Form the list provided

<u>Assets are</u>

Bank Balance……… Rwf. 17,000,000

Accounts Receivable……Rwf 12,000,000

Machinery……………      <u>   …Rwf 1,800,000</u>

Total   <u>Rwf 30,800,000</u>

<u>Liabilities are</u>

Accounts Payable……………….Rwf 15,000,000

Bank Claims……………  <u> Rwf 15,800,000 </u>

 Total      <u>Rwf. 30,800,000</u>

8 0
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