Answered: How could I describe business…

Business

Accounting

How could I describe business activities that affect a firm's cash flow within 250 words?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Related questions

Q: 49Which of the following does the statement of cash flows not help managers evaluate? * A company’s…

A: Statement of cash flows is a summary of the cash flows over the period concern. it provides summary…

Q: he economic resources that a business owns and expects to be useful to deliver its purpose are known…

A: An asset is a resource with economic value that an individual, corporation, or enterprise owns with…

Q: statement of cash flow provides information about -a company's future cash flows -decisions made by…

A: Cash flows provide cash money available with company over given period of time. is derived from…

Q: If I wanted to know the net income of a company, what financial statement would i be most interested…

A: Financial Statement - Financial statements includes Income Statement, Statement of Retained Earnings…

Q: Quinton, a financial manager, is responsible for all of the following except _____. Question 28…

A: Solution:- Financial manager is that person in the entity who is responsible for all the activities…

Q: QUESTION 1 The financial statements identify financial position, performance and changes in cash…

A: A) Limitations of financial statements Financial statements are based on historical cost.…

Q: I have the statement of Cash Flows, Balance Sheet, Income Statement, and Stock History Report. What…

A: The questions on the valuation of a company are answered hereunder : The process of determining the…

Q: How does the statement of cash flows aid analysts in the evaluation of a company's financial…

A: The statement of cash flows is a financial statement that provides information about the cash…

Q: May I have the statement of cash flow for the business?

A: In the context of the given question, we need to prepare the flow of cash for the business. The…

Q: Describe the three components of cash flow from assets.

A: 1. Cash flow from asset represents the net cash flow associated with the asset of the business of…

Q: The equation which shows a company's resources equal claims to these resources is

A: Accounting Equation: accounting equation is the basis of accounting which is Total Asset = Total…

Q: What have you learnt in a course relating to financial accounting?

A: Answer: 1) Financial Accounting: Financial accounting is the method of recording, summarizing and…

Q: “Cash Is King” for all businesses You can determine a company’s cash situation by analyzing the cash…

A: The objective of the question is to understand the concept of cash flow statement and its…

Q: When a business provides services for cash, what is the effect on the accounting equation are…

A: When a business provides services for cash, cash is increased and revenues are increased. Revenues…

Q: What does the balance sheet show? A) the financial performance of operations during a specific…

A: A balance sheet, also known as a 'statement of financial position', is one of the three main…

Q: rm maintains a positive cash balance, why is it essential to review the

A: Introduction : The net balance of cash going into as well as outside of a firm at a certain moment…

Q: Wellson Ltd. has current assets, including cash, accounts receivable, and inventory, and current…

A: Working capital is a fundamental financial metric that represents the difference between a company's…

Q: What is the accounting equation and discuss how it impacts on the operations of a business?…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: • Does the company generate sufficient cash from the use of current assets and liabilities (or…

A: Cash Flow Statement is a statement showing cash inflows and outflows from operating, financing and…

Q: Analyze and explain how accounting is used in business operations to track and monitor economic…

A: Accounting may be described simply as the skill of recording a business's financial transactions.

Q: Which section of the statement of cash flows is considered the most important indicator of a…

A: Cash flow statement - This statement is dividend into Operating, Investing and Financing Activities.…

Q: One among the following are economic activities or events in the business that can be measured in…

A: Solution: Business calendar, business report and business data cannot be measured in terms of money,…

Q: How can changes in working capital affect a company's cash flows, and how can this be managed…

A: Working capital is a financial metric that represents the amount of money a company has available to…

Q: Explain the cash flow in the company, from investors (creditors and shareholders) to back to them…

A: Cash flow refers to the inflows and outflows of cash within a company. Cash flow can come from…

Q: a)What are the major sources of cash for the firm? What are the major uses of cash for the firm? b)…

A: The following statement of cash flow shows the changes in balances of cash in subsequent year…

Q: 62. Accrual basis of accounting is used to measure a firm's financial performance primarily because…

A: Under the accrual basis of accounting, the expenses are recorded when incurred and not when paid in…

Q: Operating cycles and cash cycles are two short-term areas a financial manager must keep track of in…

A: The cash is said to be the most important assets for the business because the available of cash…

Q: C. Briefly explain the concept of Free Cash Flow and articulate how it can be employed by corporate…

A: The company will have revenue, and expenditure during the period. The expenses will be subtracted…

Q: he ___________ is the process by which a company spends cash, generates revenues, and receives cash…

A: Solution Concept In a business there may be various activities conducted Every business has its core…

Q: You hear a saying "In order to find out how much cash a company is generating, you have to look at…

A: Net profit of the company means how much profits or income has been earned in a particular period of…

Q: What are the types of Balance Sheet analysis and how can it help a business.

A: Balance sheet: The balance sheet depicts a company's financial position by recording all of its…

Q: One among the following are economic activities or events in the business that can be measured in…

A: The business report shows the information of the different activities. and financial information of…

Q: What are the total assets ? what is the net worth? how much does the company owe? whag is the…

A: The balance sheet shows the Assets and liability position at the end of year. The assets create…

Q: Which of the following concepts deals with the management of money in an organization? a.…

A: Money management involves various aspects within an organization such as manner of obtaining,…

Q: 1.Assume you are a credit manager in charge of approving commercial loans to business firms.…

A: Commercial loans are the loans or borrowings that are granted to businesses in order to finance and…

Question

How could I describe business activities that affect a firm's cash flow within 250 words?

Definition Definition Net amount of cash that an entity receives and expends over the course of a given period. For a business to continue operating, positive cash flows are required, and they are also necessary to produce value for investors. Investors in particular prefer to see growing cash flows even after capital expenditures have been paid for (which is known as free cash flow).

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

1. Explain the concept of finance.2. How is finance related to other functional areas in a business organization (marketing, production, accounting, etc.)?3. What are the three types of financial management decisions? For each type of decision, give an example of a business transaction that would be relevant.4. Why do you need to understand finance?5. What goal should always motivate the actions of the firm’s financial manager?
What does the balance sheet show? A) the financial performance of operations during a specific period. B)The financial condition of a company at a specific point in time. C) cash flows in and out of the business. D) Company sales details only.
A. Undeniably, profitability is the ultimate goal of companies and readers of a company’s financial statements are very much interested in the reported profit figure. The profit figure is achieved by the preparation of the statement of profit or loss and the statement of financial position. If the foregoing is the case, why then bother about the statement of cash flows? B. Globally, accounting standards are developed based on different methods. It is generally agreed that the nature of accounting standards depends on the systems of regulation. It has been argued that there are two main systems of regulation. Required: Identify and explain the difference between the two systems of regulation, stating clearly which system you believe describes the International Financial Reporting Standards (IFRS)
26. How the cost of reporting financial information should be justified? a. By the number of transactions b. By the benefits of reporting that information c. By the amount of capital d. By the size of the business organization
Give typing answer with explanation and conclusion 1. ________ are items owed to a creditor. ________ are items owned by a company. ________ represents owners' claims to company resources. Expenses; Revenues; Net income Expenses; Revenues; Stockholders�� equity Liabilities; Assets; Stockholders' equity Liabilities; Assets; Net income
Here is question The purpose of this assignment is for you to demonstrate your ability to record business transactions and then prepare a properly formatted income statement and balance sheet. The one additional requirement is that you answer the questions that you find below. Questions to be answer 1. What is the company's ending Cash balance? What is the company's ending Equity? Why is cash not equal to equity? 2. What is the company's net income for the period? 3. If you had to repay your creditors today, could you? Explain. 4. The company made a small amount of net income over the month. Explain why the equity actually decreased over the period. 5. You have recorded journal entries for the period of a month. If you were told that the business license in T12 was a annual expense, would this impact the reported net income? Explain why or why not.
6. Help me selecting the right answer. Thank you
Describe business activities that affect a firm’s cash flow.
Which of the following is true regarding the accounting equation? The left side shows how a business invests its resources. The left side provides insight into how leveraged a company is. The right side shows the relative mix of revenues and expenses of a company. The right side shows who makes investment decisions for a company.
Which of the following is not typically a characteristic experienced by a company during the introductory phase of the corporate life cycle? Cash from financing is positive. Cash used in operations will exceed cash generated by operations. Considerable cash will be used to purchase productive assets. Cash from investing is positive.
I need the answer as soon as possible