Equities are claims of ownership in a corporation. Please select the best answer from the choices provided T F

Answers

Answer 1

Answer: That statement is True.

The amount of equities that you own in a corporation is depended on how much stock you own in that corporation. The more equity you own, the more influence you have in that corporation. If you have more than 50 % equity in a corporation, that corporation basically have to follow whatever decision you made.

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Ashley, a manager at a toy manufacturing company, needs to create a financial document for the company that would show how the company's operating, investing, and financing activities are expected to affect the asset, liability, and owners' equity accounts. To prepare this document, Ashley needs to collect data from:

Answers

Answer:

The answer is: Ashley needs to collect information from the budgeted income statement, cash budget and capital expenditure budget.

Explanation:

The budgeted income statement is the forecast of next year's income statement.

The cash budget includes all the company's expected cash inflows and outflows estimating cash receipts and cash payments.

The capital expenditure budget includes all the money the company expects to invest in purchasing new long term assets or improving and maintaining existing long term assets.

from the perspective of the employee, why is it so important to have employees who can critically think?

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with employees that fool around so much it would be hard to get the job done because they would make everything a game so with good employees it is easier to get the job done

Lisette told the management team that one way for the company to maintain a competitive advantage was to consistently produce kitchen appliances that meet the expectations of the customer and perform as expected. Which aspect of gaining a competitive advantage is Lisette focusing on?

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Answer:

Lisette is focusing upon quality aspect of gaining a competitive advantage

Explanation:

Competitive advantage refers to those activities by which an enterprise gains an edge over it's competitors in the market for it's products.

There are multiple factors which lead to competitive advantage such as:

Cost Structure
Branding
Quality of product offerings
Distribution
Intellectual Property
Customer Service

As per the facts of the question, Lisette asked of the management to consistently produce appliances which meet customer expectations and perform as expected.

This facet relates to focus upon quality of product offerings.

When a company maintains the quality of it's products, it builds loyalty with customers who prefer it's products over rival firm's products. This is competitive advantage.

What are the steps involved in the financial planning process?

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There are about six steps involved in the process of financial planning that include identification, evaluation, and implementation of the courses of action for the accomplishment of an individual's financial goals.

What is the significance of financial planning?

Financial planning can be referred to or considered as a planning in which an individual or a group determines the actions that need to be performed in order to achieve the financial goals that they have for a particular period of time.

A financial plan is put in identification in first place; then after planning the course of actions are determined; and lastly, the implementations of actions for achievement of financial goals are taken as a part of the process of financial planning.

Therefore, the significance of the processes involved in a financial planning has been aforementioned.

Learn more about financial planning here:

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1. determining your current financial situation
2. developing financial goals
3. identifying alternative courses of action
4. evaluating alternatives
5. creating and implementing a financial action plan
6. reevaluating and revising the plan

Which of the following items is not classified as other comprehensive income (OCI)? a) Extraordinary gains from extinguishment of debt.
b) Prior service cost adjustment resulting from amendment of a defined benefit pension plan.
c) Foreign currency translation adjustments.
d) Unrealized gains for the year on available-for-sale debt securities.

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Answer:

The answer is: A) Extraordinary gains from extinguishment of debt.

Explanation:

Other comprehensive income (OCI) refers to gains that have an effect on the balance sheet of a business but are not included in its income statement. They are reported separately on the statement of comprehensive income along with the net income. These gains have not yet been realized. For example, your company owns government bonds and their price increases, but the company has not sold them yet, so no capital gain has been realized.

Amount financed is equal to: Cash price times down payment Cash price plus down payment Cash price minus down payment Cash price divided by down payment None of these

Answers

The answer is Cash Price Minus Down Payment

For Example if you want to Borrow $ 10,000 for Loan, and for that you have to pay for a $500 Down Payment.

The amount financed is 10,000 - 500 = $ 9,500

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