Answer: verifiable
Explanation:
A financial information is verifiable when the independent measurers get similar results when using the same accounting measurement methods.
In this scenario, the independent measures use thesame method but do their work separately without them knowing the results gotten by the other person. When there's similarity in the results, it shows that the results are verifiable.
Answer:
cash flow budget
Explanation:
A cash budget estimates cash inflows and outflows (net cash flows) and is the basic tool for determining a company's borrowing needs, debt repayment, operating expenses, and short-term investments.
The difference between accounting and finance is that accounting relies on past events, while finance has to anticipate to future events. The basic and most important tool in finance is the cash flow budget. A company can have huge sales but if it doesn't enough cash to pay its expenses and debts, then it will not function properly.
Answer:
63218
Explanation:
Annuity -3300
FVAD (from table) at 15years, 3% = 19.1569
Future value = 63217.77=63218
Answer:
270,000 units
Explanation:
Given that:
Beginning Inventory for finished goods: 31,000
Ending Inventory for finished goods : 41,000
Beginning Inventory for raw materials: 61000
Ending Inventory for raw materials: 51,000
Units planned to be sold: 260,000
We compute the produced finished goods = Ending inventory + Units sold − Beginning inventory
= 41,000 + 260,000 − 31,000 = 270,000
The number of units the company would have to manufacture during the year would be 270,000
Answer:
A minority owner own or control to ensure that he or she can gain control of one seat on the board of directors must have <u>720001 shares.</u>
Explanation:
Number of shares he must own = Total number of shares/(Number of directors + 1)
= 3.6 million/(4+1) + 1
= 720001
