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Arisa [49]
2 years ago
5

Martin and jennifer are both interested in learning more about a company's cash. martin wants to know what the company's cash ba

lance was at the end of their fiscal year. jennifer wants to know how the company gained and used cash over the past accounting period. which financial documents should they look at?
Business
1 answer:
Mrac [35]2 years ago
4 0
<span>Martin should look at the company balance sheet as of the end the last accounting period to see the cash balance on the last day of the accounting period. Jennifer should look at the company cash flow statement as of the end of the last accounting period to see the sources and uses of cash during the accounting period.</span>
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Blast sells portable CD players, and each unit carries a one-year replacement warranty. The cost of repair defects under the war
zlopas [31]

Answer: Blast would debit the product warranty expense with $3,250

Explanation: The cost of repair under warranty is 10% of salea price. The sales price per unit is $50 of which 650 CDs were sold.

Therefore the product warranty expense will be (10% * ($50 * 650 CDs)) = $3,250.

6 0
2 years ago
Who creates the demand for coffee shops? Who creates the demand for coffee shop employees?
katen-ka-za [31]
Us people create the demand for the shops if there are no coffee shops around we create demand for it but also if there are too many shops and not enough people the shops create a demand for new employees
3 0
2 years ago
Read 2 more answers
Can a firm with positive net income run out of​ cash? Explain. ​(Select all the choices that​ apply.) A. A firm that has positiv
aliina [53]

Answer:

Correct statements are:

B, C and D

Explanation:

A firm with positive net income can anytime run out of cash as the accounting net income is computed on accrual basis, and it is not necessary that all the related cash is collected.

Also the firm might spend a huge amount on investing in small companies, capital properties etc: which will again lead to huge cash outflow.

Financing activities generally bring the cash in the company, whereas after the financing instruments are matured, they need to be paid off. In that case, in year of maturity the entire amount will be paid which will involve huge cash outflow, and the company might run out of cash.

Therefore, all the statements except Statement A are correct.

Correct Statement are:

B, C and D

4 0
2 years ago
Permanent product measurement may be more accurate, complete, and continuous for all of the following reasons except: a. The obs
CaHeK987 [17]

Answer:

b. The behavior definitions are more precise.

Explanation:

  • The permanent product management refers to the real objects or output of that result from a behavior an example of the homework or the assignments done by the student.  
  • A benefit associated with this measurement is that staff does not need to be present to observe the behavior. A drawback is that staff may not know the context of how the student engaged in the behavior.
8 0
2 years ago
Isaac is looking for ways to offer new goods and services to his existing customers. he is pursuing a market development strateg
I am Lyosha [343]

False, this is a product development strategy.

A marketing development strategy finds <em>new </em>markets for <em>existing </em>products, which is the opposite of what Issac is doing.

7 0
2 years ago
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