Q: We should report Dividends as:- Select one: a. financing activity-inflow b. financing activity-…
A: Cash flow statement is the summary of inflow and outflows of cash in 3 categories of operating,…
Q: How is the wealth of a firm’s shareholders/owners measured by? Group of answer choices a)…
A: The objective of financial management is to maximize the wealth of shareholders, that is maximize…
Q: In most important business decisions, there are two key financial considerations. Which of the…
A: Business decisions are the decisions that are taken by top level management that contains any…
Q: The Retained Earnings account: a. is a special fund for paying shareholders' dividends on the basis…
A: Retained earnings is the profit that is left after paying all the expenses, dividend and taxes. Such…
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: If Firm A's business is to obtain savings from individuals and then invest them in financial assets…
A: Financial intermediary: It is a firm that goes about as the agent between two parties in financial…
Q: Match each transaction to one of the following activities of an organization: financing activity(F),…
A: Three major categories of an organization’s business activities are as follows: Financing,…
Q: n which of the following cases will the business have Net profit ? a. Expenses are less than revenue…
A: Solution: "Expenses are less than revenue" in this case business will have net profit.
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: Which one of the following is a characteristic of a valid business transaction? It is an event…
A: Business transaction is an event with an external party and that needs to be recorded in accounting.…
Q: Explain the difference between capital expenditure and revenue expenditure, and how each type of…
A: Capital expenditure is an expense which is made to purchase an asset or to increase the capacity of…
Q: In preparing a statement of cash flow, sale of treasury shares at an amount greater than cost would…
A: Statement of cash flows: It is a financial statement that shows the increase or decrease in the cash…
Q: Which one of the following increases the current liabilities of a business entity? Select one: a.…
A: Liabilities are know as the financial obligation or financial debt which has to payable by the…
Q: a) Define a business holding an investment. b) State and explain the 2 criteria to determine whether…
A: Investment: Investment is an item that is purchased or invested in order to accumulate wealth and…
Q: Of the three types of business activities summarized in a statement of cash flows, which type is…
A: Statement of cash flows: This statement reports all the cash transactions which are responsible for…
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: 1involveo ptenning, organizing, directing, and controlingthe financial activities such of the…
A: The difference between a company's current assets and working capital, also known as net working…
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: Examine the business activity and decide for its classification from the choices below. Also,…
A: Cash flows from operating activities includes all cash inflows and cash outflows of the business…
Q: MCQS: External reporting is the result of? (a) Financial accounting (b) Management…
A: “Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Which of the following statements best defines equity (capital) of a business? A Equity represents…
A: The accounting equation states that assets equals to sum of liabilities and shareholders equity.
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: For money to accrue to a business, it needs to: a.Have been earned by the business b.Have been…
A: As per revenue recognition principles, if a company follows accrual method of accounting then…
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: sound financial management is the key to the prosperity of the business. Explain briefly any three…
A: Introduction: The corporate activity of using current financial resources to increase business…
Q: As a Finance Manager of the company you are required to: Requirement : 1 Calculate the following…
A: *As per Bartleby guideline, if questions are interlinked then answer first three only. Fixed asset…
Q: hat are the three types of financial management decisions? For each type of decision give an example…
A: In financial management there basically three decision in response to financial objective of wealth…
Q: The funds supplied and used by the owner of an enterprise in the expectation that a profit will be…
A: A business raises funds from various sources to make investments and finance operations of the…
Q: working capital is defined as a. total current assets minus total current liabilities b.…
A: For every day business and routine activities of business, business needs working capital. It means…
Q: 6. How the cost of reporting financial information should be justified? a. By the number of…
A: Solution: cost of reporting financial information should be justified by "the benefits of reporting…
Q: Sources of financing a business include: Group of answer choices Raising capital owners Both…
A: Source of financing a business includes Both
Q: Based on which of the following concepts, is share capital account shown on the liability side of a…
A: Business entity concept says that both businessmen and business are separate person. Business has…
Q: The profitability of the business will be shown in which of the following print-outs? Question 46…
A: Profitability of the business means the capacity of the business to earn profits after meeting all…
Q: borrower’s personal investment in the operations of a business
A: The correct answer is b. Capital.
Q: Which of the following is not an aim of finance function are Select one: O a. Giving dividends O b.…
A: Financial management is a related aspect of the finance function. Finance function generally…
Q: investment help to an business to grow
A: Investment are very necessary for growth of economy and help business to grow.
Q: 2. Financial Management is mainly concerned with ______________. A. All aspects of acquiring and…
A: Funds is very important resource of the business organisation. Every business needs funds for smooth…
Q: If a business earns a Net Income it means: O Capital > Revenue O Revenue > Expenses Drawings >…
A: Net income As per formula Net income = Revenue-Expenses If expenses are less than revenue than net…
Q: When a corporation declares a cash dividend, the entry include a a. debit to net income b. credit…
A: The correct entry for declaration of dividend is: Account Titles and Explanation Debit…
Q: 2. The primary objective of financial reporting is to provide information O A. About a firm's…
A: The main purpose of financial report is to calculate the income of the business from the principle…
Q: The role of finance manager, in a modern business, is Select one: O a. Pervasive in all the…
A: The role of the finance manager is to look after the major financial matters mainly related to…
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…
Q: 17 the ratio that measures a company's success in using its assets ro earn income dor rh persons who…
A: Introduction: The management, creation, and analysis of money and investments is referred to as…
Q: The two types of external financing available to a business are: a. equity funds and debt b.…
A: The business needs an investment for the initiation of the activities. The sources of financing will…
Q: The increases in stockholders' equity attributable to selling services or products to customers are…
A: Stockholder’s equity is the money which is invested by the shareholders’ who are the owners of the…
Step by step
Solved in 2 steps
- Working capital is an indication of the firms ________. A. asset utilization B. amount of noncurrent liabilities C. liquidity D. amount of noncurrent assetsWhat is the Financial Performance and Financial Position for:-a. Liquidityb. Profitabilityc. LeverageThe company future economic benefit is as....... Select one: a. Revenue b. Expenses C. Assets d. Liabilities
- Answer two questions please 1. Distinguish between accountability and inter-period equity. 2. What is meant by the phrase, “A fund is a fiscal and an accounting entity”?The financial activities of financial management are categorized into major functions in terms of making. ecisions. O accounting and financing O investment, financing, and working capital management capital budgeting, cash management and credit management O financing and dividendAccounting calculate return on assest for this statement
- Equity equals: C . Assets + Liabilities.Question 04a. What is Proforma Income Statement, Proforma Balance Sheet, Proforma Cash Flow?b. Briefly explain Intellectual Properties along with supporting practical examples.What is the Financial Performance and Financial Position for:- a. Asset Managementb. Market Value