If Firm A's business is to obtain savings from individuals and then invest them in financial assets issued by other firms or individuals, Firm A is a financial intermediary.a.Trueb.False

Q: _____is that business activity which is concerned with the acquisition and conversion of capital…

A: Business activity is a term used for any activity which is related to making or earning profit and…

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: Which of the following is / are correct? I. An enterprise established entirely with equity has no…

A: Check the solution in step 2

Q: a) What does the cashflow from operating activities section tell you about your firm? (b) What does…

A:

Q: Being an entrepreneur, which non- banking financial institutions help is required to run the…

A: Non - banking financial institutions are the companies that have many functions similar to that of…

Q: In Worldcom and Enron accounting scandal, they classified operating expenses as capital investments…

A: Capital investments: It refers to the investments of funds in the capital assets that have an…

Q: Which is related to accepting deposits and lending money for business and personal needs to earn…

A: A commercial bank is one of the financial institutions. It performs the activities of accepting…

Q: Businesses engage in multiple activities that can be categorized as Financing, Investing, and…

A: Cashflow Statement Consist of three Activities  1) Operating Activities 2) Investing Activities  3)…

Q: Which of the following represent sources of funds to a firm: A. Creditors B. Investors C. Profitable…

A: Sources of fund refers to the source that provides the funds or supplies to the business to carry on…

Q: Profit maximization is the main goal of a business organization. The net accounting profit is the…

A: True and False are given as under-

Q: It represents the cash or other assets withdrawn from the business by the owner for the personal…

A: Dividends are distribution of profits of a company to its shareholders. Hence, option C is wrong.

Q: Write examples of each kind of business activity: (a) operating, (b) investing, and (c) financing.

A: Cash flow statement is a statement which is prepared to find out the cash comes in and goes out , by…

Q: Which of the following is a Long Term Source of Finance? a. Customer Advances b. Equity Shares c.…

A: Financial instruments are instruments that have some monetary value and are created due to the…

Q: Businesses engage in multiple activities that can be categorized as Financing, Investing, and…

A: Cash Flow from Financing Activities  Borrowing money from a bank  Repayment of Bonds Payable…

Q: Liabilities Are things of value used by the business in its operation. O a. b. Are future economic…

A: Comment - We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: Which is related to accepting deposits and lending money for business and personal needs to earn…

A: Financial Accounting:- Financial accounting is considered as the process of recording, summarizing…

Q: a. Discuss the factors that are likely to influence the desired level of cash of a company b.…

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

Q: All the following are assets for commericial banks exept: A) loans B)cash C)Deposits…

A: A commercial bank is a type of financial organisation that handles all activities linked to…

Q: How does a cash flow from financing differ from the cash flow from investments? A : Cash…

A: Statement of cash flows is a financial statement, which is prepared to identify and analyze the…

Q: A company is involved in investing activities when these: Multiple Choice activities involve…

A: Investing activities include buying and selling of long term assets such as building, Machinery,…

Q: 8. Which one of the following is an item of owners' equity? Bank loan Suppliers' monetary claims…

A: Owners equity: Deducting liabilities from Assets called owners equity. Formula: Owners equity =…

Q: s require

A: There are various types of Non-banking financial Institution found round the world such as Asset…

Q: The objectives of financial reporting include which of the following? ·a. Financial reporting should…

A: Financial reporting is reporting of complete useful informations of a company that include financial…

Q: The users of financial information can understand the strength and weakness of the business concern…

A: Financial statements of an entity includes; Balance sheet, Income statement, Cash flow statement.

Q: Which of the following cannot be treated as revenues for an entity? Cash sales OCredit sales…

A: Cash Sales - These are sales made against cash.  Credit Sales - It refers to a sale in which the…

Q: only applicable to established businesses. synonymous. accepted as a means of paying for goods and…

A: 11. True 12. False 13. False 14. True  15. False 16. False 17. False 18. True 19. True 20. False

Q: Sources of financing a business include:  Group of answer choices Raising capital owners Both…

A: Source of financing a business includes Both

Q: Which is NOT the primary concem of the financial manager? A Raising funds for the firm to finance…

A: Work of Financial Manager: Financial managers are in charge of the financial well-being of a…

Q: If an outside investor decides to invest in a company, which financial statement is more essential,…

A: For an outside investment cash flow statement is more important for an investor since the movement…

Q: Selling equity in the business provides both the opportunity to repurchase and the obligation to…

A: A business is started with the capital of the owner(s). The contribution made by owners are used to…

Q: Financial information should be neutral and bias free" is the dictation of which one of the…

A: Fund: The fund is defined as a source that is raised by the organization to support its project. It…

Q: Which of the following increase when business takes a loan from a bank? O a. Sales O b. Equity O c.…

A: The balance sheet of business consists of assets and liabilities.

Q: Financial statement users assess a business liquidity and solvency to see whether a business is…

A: Solution Concept Liquidity               The term liquidity means how quickly can the assets be…

Q: 1.Read the statements below and answer the question - The earnings process should be completed…

A: Hello. Since you have posted multiple questions and not specified which question needs to be solved,…

Q: Which of the following is the correct statement about Finance? O a. It includes all business…

A: Finance: Finance is about managing money. It includes activities related to banking, capital market,…

Q: Which of the following sources of entrepreneurial financing are available to ventures that have…

A: The business which has already started the can take loan from anywhere the business which has just…

Q: I. It is a medium of exchange on business transactions. _2. These are the bills paid in advance. 3.…

A: Introduction: Balance sheet: All Assets and liabilities are shown in Balance sheet. It tells the net…

Q: True (t) or False (f) ____ Financial statements are the principal means through which financial…

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

Q: What business record shows the results of the proprietorship’s borrowing assets from the business,…

A: Proprietor’s Withdrawals: An owner's withdrawal, also known as a distribution, is a transfer of cash…