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…
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- Working capital is an indication of the firms ________. A. asset utilization B. amount of noncurrent liabilities C. liquidity D. amount of noncurrent assetsThe company future economic benefit is as....... Select one: a. Revenue b. Expenses C. Assets d. LiabilitiesWhat is the Financial Performance and Financial Position for:-a. Liquidityb. Profitabilityc. Leverage
- Capitalizing a cost involves increasing what type of account?a. Liabilityb. Expensec. Stockholders’ equityd. AssetDefine the following. a. Retained earnings? b. Goodwill? c. Investing activities?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 dividendQuestion 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