answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Montano1993 [528]
1 year ago
12

Andrew has been asked to estimate future cash flows for his company. He is having a hard time remembering how to estimate future

cash flows from his accounting classes. Where should Andrew look to find this information, and which level of the conceptual framework will his new knowledge apply to
Business
1 answer:
Sonja [21]1 year ago
7 0

Answer: Andrew should look to find the information in SFAC No. 7. The level of the conceptual framework that his new knowledge will apply to is level 3.

Explanation:

From the question, we are informed that Andrew has been asked to estimate future cash flows for his company and that he is having a hard time remembering how to estimate future cash flows from his accounting classes.

Andrew should look to find the information in SFAC No. 7. The level of the conceptual framework that his new knowledge will apply to is level 3.

You might be interested in
Orleans Corporation, a U.S. corporation, reported U.S. taxable income of $2,000,000. Included in the computation of taxable inco
Dafna11 [192]

Answer:

$420,000

Explanation:

Calculation for Orleans’s net U.S. tax liability

Using this formula

Tax liability=Taxable income×U.S tax rate

Let plug in the formula

Tax liability=$2,000,000×21%

Tax liability=$420,000

Therefore Orleans’s net U.S. tax will be $420,000. The withholding tax amount of $8,000 was not included because it was already imposed on the dividend.

8 0
1 year ago
Pharoah Company assembled the following information in completing its March bank reconciliation: Balance per bank $23700 Outstan
Natasha2012 [34]

Answer:

Pharaoh will reduce its cash balance by $1,130

None of the answer options was correct, maybe something was missing in the question like notes collected or other NSF checks.

Explanation:

Pharaoh Company's bank reconciliation:

balance per bank account   $23,700

- outstanding checks            ($4,800)

+ deposits in transit                 $7,750

<u>- NSF checks                            ($500) </u>

total                                        $26,150

<u>- cash balance per books    ($27,280)</u>

difference                               ($1,130)

In order to reconcile the bank account, we do not consider any bank service fees because they are already included in the bank balance. What we must consider are the NSF checks that we deposited and thought were good checks, but instead they bounced.

3 0
1 year ago
Esther and Holly have a disagreement over which company to present their business idea to. They decide to disregard their differ
aalyn [17]

Answer: True

Explanation:

From the question, we are informed that Esther and Holly have a disagreement over which company to present their business idea to and that they decide to disregard their different stances on environmental issues and focus solely on which business will provide them with the most resources in the short-term.

The above scenario shows that Esther and Holly are focusing on interests, and not positions. This is shown by them disregard their different stances and focusing on a common goal.

5 0
1 year ago
Carolyn McGee wants to get into fashion merchandising. Because of the risks involved in high fashion, and how quickly fashions g
leva [86]

Answer:

c) merchant wholesaler

Explanation:

A  merchant wholesaler is a business unit that buys merchandise in bulk from manufacturers and resells to retailers in smaller quantities. The wholesale business has profit motives. It forms a link between manufacturers and retailers.

Unlike agents and brokers, merchant wholesalers take ownership of the goods they buy.  Carolyne should avoid becoming a merchant wholesaler. As a wholesaler, she will own all the merchandise she purchases. She can choose to be either an agent or broker as these do not take title to the merchandise.  

7 0
2 years ago
The standards of conduct are issued by the __________ and supplemented by the ____________.
Molodets [167]
I believe the answer is Office of Government Ethics (OGE)... Department of Defense (DOD) Joint<span>Ethics Regulation (JER) 5500.7-R
The main goal of </span>ffice of Government Ethics is to handle conflict of interest between the act of becoming public servant and the act to fulfill personal desire and DID basically had the duty to supervise all Federal agencies in united states.
8 0
1 year ago
Other questions:
  • Keeping your _____ and _____ in mind will dictate what you say and how you say it.
    10·2 answers
  • What order will result in a final output of 131 065 when the first input is 64?
    6·1 answer
  • Certificate of deposit typical interest rate
    10·2 answers
  • Topco, Inc. is a manufacturer of electric fans and other low-tech cooling devices. Joan is the HR director. She is conducting a
    12·1 answer
  • The sale of receivables by a business can be a quick way to generate cash for operating needs. is an indication that the busines
    9·1 answer
  • Becton Labs, Inc., produces various chemical compounds for industrial use. One compound, called Fludex, is prepared using an ela
    13·1 answer
  • You have received a share of preferred stock that pays an annual dividend of $10. Similar preferred stock issues are yielding 22
    11·1 answer
  • Companies that manufacture products with a very ______ product life cycle have ______ as their core competency.
    12·1 answer
  • mith Manufacturing Company allows employees to purchase materials, such as metal and limber, for personal use at a price equal t
    13·1 answer
  • Jamari conducts a business with the following results in 2020: Revenue $20,000 Depreciation on car 3,960 Operating expenses of c
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!