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TiliK225
3 months 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:
soldi70 [3.6K]3 months ago
7 0

Answer: Andrew should seek out the relevant details in SFAC No. 7. His new insights will pertain to level 3 of the conceptual framework.

Explanation:

According to the question, Andrew is tasked with predicting future cash flows for his organization, but he struggles to recall the methods for calculating these estimates from his accounting studies.

Andrew should seek out the relevant details in SFAC No. 7. His new insights will pertain to level 3 of the conceptual framework.

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Jamison Company has the following obligations at December 31: For each obligation, indicate whether it should be classified as a
marusya05 [3725]

Answer:

Explanation:

Current liabilities refer to obligations due within one year or less.

The classification is as follows:

a. A note payable for $100,000 due in 2 years. = Not classified as a current liability, as it is due in 2 years and classified as long-term liability.

b. A 10-year mortgage of $300,000 to be paid in ten annual payments of $30,000. = Only the first payment is a current liability; the rest are long-term liabilities.

c. An interest payment of $15,000 on the mortgage. = This is a current liability since it is due within one year.

d. Accounts payable of $60,000. = This is also a current liability because it is due within one year.

Current liabilities are recorded on the liability side of the balance sheet.

7 0
2 months ago
Ted has been a fisherman all of his life. Ted realizes the risk he takes as a business whose market structure is a perfectly com
Nady [3600]
1) The minimum average total cost occurs when Ted catches and processes 2,000 fish, leading to a cost of $45 per fish. 2) When the market price is set at $51 per fish, Ted's optimal output is 3,000 fish, yielding a profit of $12,990. 3) At a market price of $45 per fish, Ted would again produce 2,000 fish but would not earn any profit.
8 0
1 month ago
Cost pressure from international competitors pushes companies toward greater scale and efficiency. But some products must also m
Nady [3600]

Answer:

Transnational strategy

Explanation:

There is a distinction between a global approach and a transnational approach.

<pin the="" global="" approach="" one="" product="" is="" marketed="" uniformly="" across="" all="" channels="" and="" regions.="" conversely="" transnational="" strategy="" characterized="" by="" a="" more="" tailored="" or="" personalized="" method="" of="" marketing="" products="" to="" specific="" target="" audiences.="">

Hope this assists.

Good Luck.

</pin>
8 0
2 months ago
If the probability is 0.54 that Stock A will increase in value during the next month and the probability is 0.68 that Stock B wi
marusya05 [3725]

Answer:

The likelihood that neither of the stocks will rise is 0.14.

Explanation:

According to the Complement Rule, the combined probabilities of an event and its complement total 1.

Given the probabilities of Stock A or B increasing, to find the likelihood that neither will happen, we need to consider their complements.

The complement for Stock A =1-0.54=0.46

The complement for Stock B =1-0.68=0.32

To calculate the probability of both events not occurring, we multiply these complements.

The probability that neither of these two events occurs is 0.46 x 0.32 = 0.1472‬

7 0
2 months ago
Which of these pieces of information would fit in a career plan’s career definition section? Check all that apply.
soldi70 [3635]
I plan to work for a newspaper, spend at least half of my time outdoors, and earn a minimum of $20 per hour. Answer: Options 3, 4 & 6 Career plans refer to the preparations someone makes to enter a specific field and sector to earn a living. These plans dictate how one will work, where one will work, and how to best utilize their skills. The statements provided, such as the intention to work for a newspaper or the choice to work indoors or outdoors, represent considerations in forming a plan.
3 0
1 month ago
Read 2 more answers
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