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makkiz [27]
3 years ago
10

True or false: For financial analysis, financial statements and accounting numbers are more important than cash flows.

Business
1 answer:
rusak2 [61]3 years ago
3 0

Answer:

false

Explanation:

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Gabby and Gus Malloy recently got pre-approved on a loan for their first house purchase. They are speculating on how much they s
Andru [333]

Answer:

The correct answer is C. The producer's price index in that area.

Explanation:

The producer price index (PPI) is an indicator of the evolution of producer sales prices, corresponding to the first marketing or distribution channel of goods traded in the economy. The difference with the consumer price index (CPI) is explained because a good can be marketed or distributed by different intermediaries that will modify the sales price until it reaches the final consumer.

5 0
4 years ago
Suppose a bank has $600 million in deposits and $30 million in required reserves, and it is holding no excess reserves. What is
Kruka [31]

Answer:

5%

Explanation:

Deposit= $600 million

Required reserve= $30 million

Required reserve ratio= required Reserve/deposit

= 30 million/600 million

= 0.05×100

= 5%

Hence the required reserve ratio is 5%

7 0
3 years ago
Innovative Tech Inc (ITI) uses the percentage of credit sales method to estimate bad debts each month and then uses the aging me
Nutka1998 [239]

Answer:

The answer is given below;                                            

Explanation:

1. $100,000*.5%=$500

Bad Debt Expense Dr.$500

Allowance for Bad Debt Cr.$500

2. 1-30 days   $75,000*10%=7,500

   31-90 days  $10,000*20%=2,000

   More than 90 days $4,000*40%=1,600

Total Allowance for Doubtful Accounts-Closing=$11,100

3.  Adjusting entry for December 31,2013

Opening Balance      ($1,600)

Closing balance         $11,100

Allowance for the year $9,500

Bad Debt Expense Dr.$9,500

Account Receivable  Cr.$9,500

4. Allowance for Doubtful Accounts  $11,100

8 0
4 years ago
A manufacturer of nickel-hydrogen batteries randomly selects 100 nickel plates for test cells, cycles them a specified number of
Aloiza [94]

Answer:

Explanation:

The calculation is shown in the picture attached

P-value > 0.05 it is concluded that the null hypothesis is not reject.

There is not enough evidence to claim that the more than 10% of all plates blister under such circumstances.

4 0
3 years ago
What factors can affect stockpile
Vinil7 [7]

Answer:

The nature of the quarried material.

The volume of product

The area available and required.

Other potential hazards

Environmental considerations

Explanation:

In business stockpile refers to the materials that companies bought at large amount in a cheaper price. These materials are kept somewhere by the company to be used for emergencies.

There are several factors that can affect stockpiles:

The nature of the quarried material.

The only material that can be stockpiled need to have high shelf life. Things such as food ingredients tend to be hard to be stockpiled.

The volume of product

The amount of materials that stockpiled cannot be too large in volume. Otherwise it would be hard to be kept.

The area available and required.

Things such as warehouse or storage tend to be needed in order to stockpile materials.

Other potential hazards

Hazardous materials (that are poisonous or easily burnt) usually can't be stockpiled.

Environmental considerations

This is usually important when companies do the stockpiling underground. They need to ensure that the type of materials they stockpile wouldn't sipped into the ground and damage the environment around it

5 0
3 years ago
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