Total cash inflow Study guides, Revision notes & Summaries

Personal Finance, 6e (Madura) Chapter 1 Overview of a Financial Plan 1.1 How You Benefit from Personal Finance 1) Most Americans will never be able to understand and develop a personal financial plan. Answer: FALSE Diff: 1 Question Status: Previous edition 2) The simple objective of financial planning is to make the best use of your resources to achieve your financial goals. Answer: TRUE Diff: 2 Question Status: Previous edition 3) An understanding of personal finan...

BMAL 590 Business Finance Complete Solution 2022 A company's balance sheet shows the value of assets, liabilities, and stockholders' equity At a specific point in time On a balance sheet, retained earnings are not "unspent cash" because They have been used to finance the firm's assets For both managers and external financial analysts, ________ is the single most important accounting number found on the income statement Net income (net profit after tax) Earnings per share (EPS) is calcul...

financial services correct answers concerned with design and delivery of advice and financial products to individuals, businesses, and governments managerial finance involves... correct answers tasks such as budgeting, financial forecasting, cash management, and funds procurement profit maximization as the "goal" of the firm is BAD because... correct answers profit maximization DOES NOT consider risk Pro-active ethics program is expected to result in... correct answers a positive corp...

Question Number Which one of the following shows money coming in and money going out of a business? Answer Mark 1 (a) (i) AO1 - 1 mark C Cash flow A – a mortgage is a loan B – break-even does not show money in and out of a business – it is the point at which total costs and revenue are the same D – Profit and loss – profit is money left after sales and loss is when there is less money made than it cost (1) Question Number Which one of the following could a person comple...

IB Business and Management SL and HL definitions 2023 above-the-line promotion - Answer-a form of promotion that is undertaken by a business by paying for communication with consumers, e.g. advertising acid test ratio - Answer-liquid assets - current liabilities accountability - Answer-the obligation of an individual to account for his or her activities and to disclose results in a transparent way adverse variance - Answer-exists when the difference between the budgeted and actual fi...

When it comes to comparing short-term and long-term income with the timeframe when costs and expenses were incurred, it would be best to correct answer: match the inflow and outflow of cash and place both in the same tax period. What is the disadvantage of using the accrual method of accounting? correct answer: this system requires more recordkeeping The ________ summarizes the cash inflows and outflows from operating, investing, and financing activities during a specific time. correct a...

Stosch Company's balance sheet reported assets of $77,000, liabilities of $22,000 and common stock of $19,000 as of December 31, Year 1. If Retained Earnings on the balance sheet as of December 31, Year 2, amount to $46,000 and Stosch paid a $21,000 dividend during Year 2, then the amount of net income for Year 2 was which of the following? - correct answer$31,000. Explanation: If assets on December 31, Year 1 totaled $77,000, total claims (including liabilities, common stock, and retained ...

Net income for the year was $12,300. This is the first year of operations and no dividends were declared or paid to stockholders; therefore, the ending retained earnings of $12,300 includes net income for one year. E1–6. CAMPUS CONNECTION Income Statement For the Month of January, Current Year Revenues: Sales: Cash $150,000 On credit 2,500 Total sales revenue $152,500 Expenses: Cost of goods sold 70,000 Salaries, rent, supplies, and other expenses (paid in cash) 37,000 Utilitie...

Federal unemployment tax - correct answer -All of the following are calculated based on the employees earnings. The employee pays a portion of each except for ________ which is paid entirely by the employer. This system requires more recordkeeping - correct answer -What is a disadvantage of using the accrual method of accounting? 500 - correct answer -If a contractor is FUTA liability exceeds ______ , then FUTA taxes are deposited quarterly. 2 - correct answer -The Good Contractor Co. n...

OCR 2023 GCSE Business J204/02: Business 2: operations, finance and influences on business Question Paper & Mark Scheme (Merged) GCSE BUSINESS Please write clearly in black ink. Do not write in the barcodes. Centre number Candidate number First name(s) Last name Oxford Cambridge and RSA Monday 12 June 2023 – Afternoon GCSE (9–1) Business J204/02 Business 2: operations, finance and influences on business Time allowed: 1 hour 30 minutes INSTRUCTIONS • Use black ink. •...