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Finance Questions and Answers (Q&A)

John Smith
Answered: Apr 04, 2020
Ͽ notes to the financial statements provide important details about the company's financial condition not reported in the actual financial statements, for example, explanations of...Read More

3 Answers

620 views
John Smith
Answered: Apr 04, 2020
Offsetting a transaction means closing your position and taking a profit of lossdepending on the circumstances. in the stock market, for example, if you buy stockand later want to offset the...Read More

1 Answer

426 views
H. callum, Content Writer
Answered: Feb 07, 2019
The correct answer to this question is C. The purpose of a remittance advice is to match a customer's payment with the invoice. Remittance advice is a letter sent by a customer to a suppli...Read More

2 Answers

391 views
John Smith
Answered: Apr 04, 2020
$140,000 -the balance in the advertising expense account on 12/31/10 before adjustment is $146,000. since the sales promotional campaign is to be conducted in january, any associated costs are an...Read More

2 Answers

321 views
John Smith
Answered: Apr 04, 2020
Advantages of listing shares for trading on an exchange include prestige and goodwill, establishment of market value, increased market visibility, wider distribution of company information,...Read More

1 Answer

314 views
John Smith
Answered: Apr 04, 2020
1. $3,600 -the opening balance in prepaid expenses ($1,500) results from a one-year insurance premium paid on 7/1/09. since this policy would have expired by 6/30/10, no part of the $1,500 is...Read More

2 Answers

305 views
Carice Snow, Motivator
Answered: May 22, 2019
The correct answer is option A - $1.67 From the question stem, we can tell that: 2006 earnings - $580,000 Outstanding shares in 2006 = 400,000 Earnings per share 2006 = 580,000/400,000 = $1.45 In...Read More

2 Answers

293 views
Greg.eppes
Answered: Apr 04, 2020
Increase operating costs

Increase operating costs. Environmental laws are intended to conserve and protect the natural environment. Many of these laws have an impact on the way businesses...Read More

1 Answer

289 views
Jeffusmc
Answered: Apr 04, 2020
C. negative relation between the real interest rate and investment.

1 Answer

265 views
C.Mila
Answered: May 01, 2018
A moderately darken arrangement under U.S. GAAP which speculate specific situations, a firm may dispose of a shortage in its held income account by repeating resources, liabilities, and value in...Read More

2 Answers

261 views
Samantha Stewart, Philanthropist
Answered: Jan 03, 2019
Finance companies will raise capital with one of three things: issuing notes, bonds, and other obligations. The idea behind a finance company is that they can raise money. This means they need to...Read More

2 Answers

255 views
G. Horace, Content Developer
Answered: Jul 04, 2019
Relevant cost is a term that is found in accounting. There are other names for relevant cost, including differential cost and avoidable cost. A relevant price is one in which the other types of...Read More

1 Answer

250 views
The answer to this is D. Take note that in a corporation, all of the stockholders are meant to work as one person would. This means that all of their decisions should be unified and the things...Read More

2 Answers

244 views
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