0
Is The cumulative effect of the declaration and payment of a cash dividend on a company's financial statements is to?
The cumulative effect of declaring and paying a cash dividend on a company's financial statements is to reduce both retained earnings and cash on the balance sheet. When a dividend is declared, retained earnings are decreased, reflecting the distribution of profits to shareholders. Upon payment, cash decreases, impacting the company's liquidity. This transaction does not affect net income but signals a return of capital to shareholders.
What else can I help you with?
Decrease in assets from purchasing companys own stock is what type of element of financial statement?
distributions to owners
What Types of audit checks in auditing a companys financial accounts?
In auditing a company's financial accounts, common types of audit checks include substantive tests, which assess the accuracy of financial data, and compliance tests, which evaluate adherence to relevant laws and regulations. Analytical procedures are also utilized to identify unusual trends or discrepancies in financial statements. Additionally, internal control assessments are performed to evaluate the effectiveness of processes designed to prevent errors and fraud. Together, these checks help ensure the reliability and integrity of the financial reporting.
Which combination of financial statements would provide the most in-depth information to help understand a companys liquidity?
To gain a comprehensive understanding of a company's liquidity, one should analyze the balance sheet, the income statement, and the cash flow statement. The balance sheet provides insights into current assets and liabilities, highlighting the company's short-term financial obligations. The income statement shows revenue and expenses, indicating the company's ability to generate profit. Meanwhile, the cash flow statement reveals cash inflows and outflows, crucial for assessing the company's actual liquidity position.
why accounting is inseparable from the business?
That’s the companys money
In business what is a GL code?
GL code is abbreviation for GENERAL LEDGER Code. It is a financial related item, checking & controlling & following for companys budget. These codes are in layered structre such as 'Company-Division-Project-Function'. An example of GL code is : '04.556.7664.002' 04 -> XX Company 556 -> IT Division 7664 -> ATM project 002 -> Development costs GL code is abbreviation for GENERAL LEDGER Code. It is a financial related item, checking & controlling & following for companys budget. These codes are in layered structre such as 'Company-Division-Project-Function'. An example of GL code is : '04.556.7664.002' 04 -> XX Company 556 -> IT Division 7664 -> ATM project 002 -> Development costs
What is reveals about the company's financial health?
what is seveals of the companys financial health
what is financial statement analysis and interpretataion?
It is the process of understanding a companys finacial health,profitability and financial position.this includes 1.understanding the company's financial statement and related footnotes analyzing trends in a financial statements over time comparing with competitors' benchmarks identifying the risk and opportunities based on financial analysis
Sorces of finance in financial management?
public limited companys
Decrease in assets from purchasing companys own stock is what type of element of financial statement?
distributions to owners
What Types of audit checks in auditing a companys financial accounts?
In auditing a company's financial accounts, common types of audit checks include substantive tests, which assess the accuracy of financial data, and compliance tests, which evaluate adherence to relevant laws and regulations. Analytical procedures are also utilized to identify unusual trends or discrepancies in financial statements. Additionally, internal control assessments are performed to evaluate the effectiveness of processes designed to prevent errors and fraud. Together, these checks help ensure the reliability and integrity of the financial reporting.
What is the reason for statement of financial position to provide information about the companys ability to repay its debts?
to help determine whether or not investors want to invest.
What is stimulus spending?
buying from companys so the companys are worth more money, so people invest into these companys so the companys can grow.
What Financial service companys ad campaign features a tortoise giraffe penguins as part of their your life goal to work with animals campaign?
American Express
Which Companys sell the Longevity Annuity ?
Financial Planning Association can help you with that. 4100 E Mississippi Ave, Denver, CO - (303) 759-4900
How many digital camera companys are there?
26 companys
What financial service companys and campaign features a tortoise giraffe and penguins as a part of their your life goal to work with animals campaign?
american express american express
What does a area manager do?
check on the companys local shops are up to the companys standerd
