answersLogoWhite

0

· Influence the businesses decisions concerning future. · The business has to create sure figures to be precise. · Alert bank to their possible problems in the future. · Plenty of searches are required. · Helps the business to plan ahead. · It is just a forecast. · Influence the businesses decisions concerning future. · The business has to create sure figures to be precise. · Alert bank to their possible problems in the future. · Plenty of searches are required. · Helps the business to plan ahead. · It is just a forecast.

User Avatar

Wiki User

16y ago

What else can I help you with?

Continue Learning about Educational Theory

What impact will different depreciation methods have on a companys bottom line?

different deprecition method impact differently on the company's profit. The straightline method of depreciation when used impact differently on the profit and loss than the reducing balance method. How do the two methods differ. different deprecition method impact differently on the company's profit. The straightline method of depreciation when used impact differently on the profit and loss than the reducing balance method. How do the two methods differ.


What is the disadvantage of supply chain management?

1-Distribution Network Configuration2-Distribution Strategy3-Trade-Offs in Logistical Activities4-Information5-Inventory Management6-Cash-Flow


Is cash account real account?

yes cash account is a real account cause it wll not come under persanal account ( consist of bank and peoples account) and not a nominal account( consist of incomes and expenses)


What is present value analysis?

Present value analysis is a financial technique used to evaluate the value of future cash flows by discounting them back to their current value. It takes into account the time value of money, allowing for better decision-making by comparing the present value of costs and benefits. The goal is to determine whether an investment or project is worth pursuing based on its potential return.


Jayco purchased a machine for 6000 with the salvage value of 400 and a life of seven years the Straight-line method of depreciation was used At mid-year in year 4 Jayco sold the machine for 450?

Annual depreciation = 6000 - 400 / 7 = 800 Annual depreciation for 3.5 years = 2800 Journal entry for sale of asset Debit Accumulated Depreciation 2800 Debit Cash 450 [Debit] Loss on sale of asset 2750 Credit Asset 6000

Related Questions

What are the advantages and disadvantages of direct sales?

One advantage is that you pay with cash but you have to have the Exact amount


What are the advantages and disadvantages of cash crops?

hhgfd


What are the Advantages and disadvantages of cash Credit?

you can only imagin the answers


Advantages and Disadvantages Cash Receipt system?

A receipt has many advantages towards it as it using the cash receipts provides more accurate reporting. The ability to use actual cash receipts and cash payments provides better information on a company's cash use. In some cases, a company may operate under the cash basis accounting method to ensure the cash information is accurate.


Advantages and disadvantages of mortgages?

Advantages - You can buy a house.Better cash flow.Disadvantages - Interest rates and be extremely high.


What are the advantages and disadvantages of oxfam?

the advantages of this Oxfam cumpany is that they are raising cash in able to help the poor the disadvantages are that sometimes they don't have that much cash to help the people who need it the most because say that you gave them £15, £5 of that cash Oxfam keeps


What is the difference between the direct method and indirect method?

The main difference between the direct method and the indirect method involves the cash flows from operating activities. Under the direct method, the cash flows from operating activities will include the amounts for lines such as cash from customers and cash paid to suppliers. In contrast, the indirect method will show net income followed by the adjustments needed to convert the total net income to the cash amount from operating activities.


What does one do to make a cash flow forecast?

Cash flow projection is the most powerful tool in cash management. It enables companies to see the cash flowing in and out of an organization. The direct method of cash flow forecasting is to use the direct cash receipts and disbursements method.


What are the advantages and disadvantages of a business accepting cash?

Advantage- gets cash. Disadvantage- you cannot say that you are a not-for-profit orginazation.


Which section is affected by the decision to use either the direct method or the indirect method to prepare the statement of cash flows?

The Operating Activities portion of the Statement of Cash Flows is affected by whether the direct or indirect method is used.


Methods of preparing statement of Cash flow?

Following are methods:1 - direct method2 - indirect method


In Cash flow statement what is direct method and indirect method?

Direct and indirect method of preparing cash flow statement is same with only one difference which is under indirect method 'Cash flow from operating activities' is prepared by adjusting the net profit amount for non cash items while 'Cash flow from financing activities' and 'Cash flow from investing activities' is prepared in same manner in both methods.