Accounts Debit Credit (OMR) (OMR) Cash 120,000 Capital 100,000 5600 Prepaid insurance Salary expense 1000 Service Revenue 21000 Commission revenue 41000 Machinery 12400 Automobiles 16400 100

Q: Net income equal to revenues minus?

A: Once taxes and other tax withholding have been taken out of your paycheck, net income is the amount…

Q: What do the Retained earnings represent?

A: Financial Statement:   They are annual reports of an organization summarizing the financial…

Q: What is meant by the term time value of money?

A: Time value of money is a concept that says amount today will have more value than amount in future…

Q: How would you use financial statement analysis?         Is there one ratio that you feel is more…

A: Financial statements give ideas about performance of company within accounting period.We can compare…

Q: Differentiate between a profit center and an investment center

A: Profit center is a responsibility center where the manager is responsible for both revenue and costs…

Q: h flows meani

A: The amount of cash and the cash equivalent that the company receives or gives by the way of payment…

Q: Write Example for preference dividend?

A: Formula: Preference dividend = Preference shares x Preferred dividend rate

Q: What is the income statemen, owners equity, balance she

A: Income Statement is an account prepared to record all the expenses and revenues of a particular…

Q: he effect of stockholders divided is to

A: A shareholder, sometimes known as a stockholder, is a person, business, or organization that owns at…

Q: 1. What are gains and losses? Please explain and provide an example for both.

A: Income Statement - The income statement includes Revenue earned and losses incurred due to…

Q: Briefly discuss clientele theory and signaling theory of dividend policy

A: Dividend policy  of a company is the policy to either retain or distribute the profit of a company.…

Q: What are the financial ratios?

A: Financial ratios show the financial condition of the company. Following are types of financial…

Q: How balance sheet makes? Give me some examples with solutions...??

A: Balance sheet is the detailed summary of the financial position of the company. It includes all…

Q: explain the owner equity ratio if owner equity ratio less than 0.5 it's good or bad

A: The equity ratio is a ratio indicating the relative proportion of equity in total assets of the…

Q: CHAPTER 2 ASSIGNMENT Your client is having trouble figuring out where all her money goes each month.…

A: "In this chapter, we'll take a look at a client's financial situation and help them figure out where…

Q: Life inHow would you determine the amount to purchase? Should it be based on your current financial…

A: Life insurance is a very important insurance tool that each and every individual should take.

Q: How can I write financial projections report?

A: Financial projections report A financial projection report is a report which shows the expected…

Q: what is the projected balance sheet?

A: Balance Sheet: It is the financial that presents the company's assets, liabilities and shareholders'…

Q: Explain Net Income versus Cash Flow?

A: Definition: Statement of cash flows: This statement reports all the cash transactions which are…

Q: What is net income? Give three examples?

A: Net income is the calculation of the remaining amount with an organization after deducting taxes,…

Q: Which you prefer, equity or fixed income?

A: Differences between equity and fixed income: Equity: Corporates issues most of the equity There is…

Q: dividends considered

A: Dividend represents the income distributed among the shareholders of the company. Its is considered…

Q: When are debits increases? When are debits decreases?

A: Debits Increases and Decreases: This forms a fundamental part of understanding of the flow of…

Q: What is the main advantage of receiving dividend income vs. interest income? Explain.

A: A person receives dividend income on the equity investments made by him/her.In contrast, a person…

Q: Which one of the following is an internal characteristic that can affect the value of an investmen…

A: Internal Characteristics mean factors within the organization. It excludes political events,…

Q: Explain Growing Income through Provision of Services?

A: Commercial activity between a service provider and the client as the initial agreement is called the…

Q: An investment is the use of money or capital for income or​ _______. expenses profit value present…

A: An investment is an item or an asset acquired with the goal of earning income or appreciation in the…

Q: Why is the income statement called a dynamic financial statement?

A: Income statement is that financial statement that shows the different income as well as expenditures…

Q: Does this solution work with the formula below? AFN = [((Total Assets/Sales)(∆Sales))-((Current…

A: Company require the additional amount of funding for the growth of the sales and maintain the growth…

Q: How is pro forma income statement different from breakeven analysis Please give the answer in at…

A: The Pro Forma Income Statement is more relevant to start-ups and new businesses instead of the large…

Q: how many financial assertion?

A: Financial Assertions: Financial statement assertions, also known as management assertions, are an…

Q: Money measurement concept

A: Money Measurement: According to the money measurement principle, a firm should only record an…

Q: what is assets? what is non-current assets? what is current assets? what is equity? what is…

A: Since you have asked multiple questions, we will solve the first seveb questions for you. If you…

Q: What is information content hypothesis (dividends)?

A: Managers of the company generally prefer not to reduce the dividends paid to the shareholders with a…

Q: c. What is the cost of equity for BAC? What is it for YXZ?

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…