How can a company have a profit (net income) but not have Cash?

Answers

Answer 1

Answer:

see below

Explanation:

Profit is when there a positive difference between the revenue a company generates and its expenses. Cash flows refer to the movement of money in and out of business. Positive cash flow is when the business has a stream of cash inflows enabling it to pay its bills on time.

When a business uses the accrual system, it records revenue when it makes a sale regardless of whether a payment has been made. If there is a delay in collecting payments from customers, the business will show more revenues but little cash inflow. The income statement will indicate profits, but the cash flow statement will be negative. Therefore, when a business is slow in collecting receivables, it will be reporting profits and negative cash flows.

 


Related Questions

As a business consultant, write a report to the chief executive of your own national airline discussing the process of outsourcing and recommending whether
all non-core activities should be outsourced

Answers

Answer:

0 min

Explanation:

sanaollbisbeisnns

Which of the following is the "riskiest" investment?

a. а CD
b. a blue-chip stock
c. a growth stock
d. a corporate bond

Answers

Answer:

d

Explanation:

The owner of a small convenience store observed that almost all customers paid with credit cards regardless of whether they had cash available, resulting in significant processing charges for the store. The owner began to add a fifty-cent charge to credit card purchases under two dollars, and during the following month, virtually all customers used cash for small purchases while continuing to use credit cards for larger purchases. Nonetheless, during the month after the charge was instated, the average dollar amount of each cash transaction was almost identical to the average dollar amount of each credit card transaction.
The information in the passage most strongly supports which of the following?
A. The average dollar amount spent by customers who did not have cash available was higher after the charge was instated than it had been beforehand.
B. After the charge was instated, customers who used cash for purchases totaling two dollars or more spent more, on average, than customers who used credit cards for these purchases.
C. The average dollar amount spent in each cash transaction at the convenience store was lower after the charge was instated than beforehand.
D. A significant majority of purchases made at the convenience store during the month after the charge was instated were made using credit cards.
E. Prior to the charge, the average amount spent on credit card transactions was higher than the average amount spent on cash transactions.

Answers

Answer:

B. After the charge was instated, customers who used cash for purchases totaling two dollars or more spent more, on average, than customers who used credit cards for these purchases.

Explanation:

Since the average transaction remained almost unchanged, that means that customers who used to spend $2 or less are now spending more on average. Assuming that customers that purchase higher amounts didn't change their habits, the only way that the cash purchases equal credit card purchases is that people paying in cash buy more things.

E.g. there are 20 transactions worth more than $2 which are paid using a credit card, so the average transaction is more than $2. In order for cash purchase to have a similar mean, the some transactions will be less than $2 but other transactions must be higher in order to increase the mean of cash purchases: 15 cash transactions worth $1 and 5 cash transactions worth $6, mean cash transaction = $2.25.

I have teechip im 14 trying to make money how do i make people buy my clothing and how do i promote it without money?

Answers

Answer:

you can advertise it through social media jazz your creativity too it will attract more attention if it is unique

Which tasks are commonly done by employees in the Energy cluster? Check all that apply.
installing equipment
performing inspections
interpreting technical plans
manufacturing gauges
designing systems
following schedules
gathering information

PLEASE HURRY TIMED TEST I WILL GIVE 20 POINTS

Answers

Installing equipment
Manufacturing gauges
And designing systems.
Hope this helped xxxx

Answer:

a, d, and e

Explanation:

While planning a new product launch, Cassandra knew that the art department was ready to work on the promotional pieces right away. But they are not able to start until the strategy group established the price point and the purchasing group obtained the paper needed to make the promotional piece. Establishing price points would take about a week and was dependent on manufacturing getting the costs to the strategy group. This was expected a week from today. The purchasing group indicated the paper could be obtained locally the same day it was requested. Based on this information and assuming things go according to plan, when will the art department be able to begin work on the promotional pieces?
A. 1 weekB. 1 monthC. 1 dayD. 2 weeks

Answers

Answer:

A. 1 week

Explanation:

This is true due to the fact that, Cassandra knew it would take about 1 week to establish the price point in the new product which she is planning to launch.

For the extra week it would have taken to get the paper could not hold again due to the fact that, it was already established that, it would take same day to get same paper rather than waiting for the paper to get to the strategy group in one week.

Price elasticity of demand is a measure of how sensitive, or responsive,
are to change in price. *
A) Producers
B) Bankers
C) Consumers
D) Regulators

Answers

Answer:

hey.. follow me.. follow me.. follow me...

Explanation:

follow me follow me..

Can someone please help mee

Answers

Answer:

$1,467.88

Explanation:

Net pay is the amount one receives after subtracting deductions from the gross pay. Therefore, net pay is the gross pay minus all the deductions such as social security, federal and state taxes.

In this case, the gross pay is $1,828. The total taxes are $ 360.12.

The net pay will be $1,828 -360.12.

= $1,467.88

The rule of equal marginal utility per dollar spent suggests that consumers maximize utility by A. Equalizing across goods and services. B. Equalizing the marginal utility per dollar spent across goods and services. C. The marginal utility per dollar spent across goods and services. D. . E. Maximizing the marginal rate of substitution.

Answers

Explanation:

B-Equalizing the marginal utility per dollar spent across goods and services

Pls mark brainliest

Following is a list of cost system characteristics and sample companies. Match each to either job order costing or process costing.
a. Companies that produce small quantities of many different products.
b. A company that pulverizes wood into pulp to manufacture carboard.
c. A company that manufactures thousands of identical files.
d. Companies that produce large numbers of identical products.
e. A computer repair service that makes service calls to homes.
f. A company that assembles electronic parts and software to manufacture millions of portable media players.
g. A textbook publisher that produces copies of a particular book in batches.
h. A company that bottles milk into one-gallon containers.
i. A company that makes large quantities of one type of tankless hot water heaters.
j. A governmental agency that takes bids for specific items it utilizes where each item requires a separate bid.

Answers

Answer:

Explanation:

Process costing can be regarded as a methodology in accounting that involves attributing cost to unit of production in different firms especially firm that are producing product that are homogeneous.

Job order costing can be regarded as

a system that occur when an order of purchase is made by consumer, it helps in way that the price of individual product is affordable by consumer.

a.Companies that produce small quantities of many different products.

(Job order costing)

b.A company that pulverizes wood into pulp to manufacture carboard.

(Process costing)

c.A company that manufactures thousands of identical files.

(Process costing)

d.Companies that produce large numbers of identical products.

(Process costing)

e.A computer repair service that makes service calls to homes.

(Job order costing)

f.A company that assembles electronic parts and software to manufacture

(Process costing)

millions of portable media players.

g.A textbook publisher that produces copies of a particular book in batches.

(Job order costing)

h.A company that bottles milk into one-gallon containers.

(Process costing)

i.A company that makes large quantities of one type of tankless hot water heaters.

(Process costing)

j.A governmental agency that takes bids for specific items it utilizes where each

(Job order costing)

.

Which term describes a situation in which one country can produce a product
at a lower opportunity cost than another country?
A. Deficit advantage
B. Comparative advantage
C. Absolute advantage
D. Surplus advantage

Answers

Answer:

B. Comparative advantage

Explanation:

Comparative advantage is when a country or company can produce goods using fewer resources compared to its rivals. It means the product will cost much less when produced by the country with a comparative advantage.

A comparative advantage means that a country will produce more output of a product when using similar inputs as rivals.  The country or company can, therefore, avail the product in the market at a lower cost. Other countries stand to gain when importing products from countries with a comparative advantage than when they manufacture.

Answer:

B. Comparative advantage

Explanation:

Just got it right on my quiz!

How does Ana spend her time in seedfolks?

Answers

Answer:

B

Explanation:

Got it right on edg 2020

1. The point at which quantity demanded and quantity supplied are equal:______
2. The financial and opportunity costs con- sumers pay in searching for a good or service:_____
3. A system of allocating scarce goods and services by criteria other than price:_______
4. A sudden drop in the supply of a good:_______
5. Any situation in which quantity supplied exceeds quantity demanded:________
6. Any situation in which quantity demanded exceeds quantity supplied:________
7. A government-mandated minimum price that must be paid for a good or service:_________

Answers

Answer:

1. Market Equilibrium, 2. Interest Rate, 3. Rationing, 4. Supply Shock, 5. Excess Supply, 6. Excess Demand, 7. Price Floor

Explanation:

1. The point at which quantity demanded and quantity supplied are equal: Market Equilibrium

2. The financial and opportunity costs consumers pay in searching for a good or service : Interest Rate

3. A system of allocating scarce goods and services by criteria other than price: Rationing

4.  A sudden drop in the supply of a good: Supply (decrease - leftward shift) shock

5. Any situation in which quantity supplied exceeds quantity demanded: Excess Supply  

6. Any situation in which quantity demanded exceeds quantity supplied: Excess Demand

7. A government-mandated minimum price that must be paid for a good or service: Price Floor (Minimum Support Price)

I work at a company, and my boss wants me to hand out flyers and get people's names and numbers. But lately i haven't been getting many numbers. Any tips?

Answers

Answer: Social Media!

Explanation:

You can create an online flier and post it on your social media account or a work account, you can ask people to give names and numbers onto a calling list. Something like this could work: “At my job, I need to hand out fliers for <what the fliers are about> and I need names and numbers, can someone help?”

James Smith recorded the following transactions during the month of April. Apr. 3 Cash 1,400 Service Revenue 1,400 16 Rent Expense 400 Cash 400 20 Salaries and Wages Expense 150 Cash 150 Post these entries to the Cash account of the general ledger to determine the ending balance in cash. The beginning balance in cash on April 1 was $1,900. (Post entries in the order of journal entries presented in the question.) Cash choose a transaction date enter a debit amount choose a transaction date enter a credit amount choose a transaction date enter a debit amount choose a transaction date enter a credit amount choose a transaction date enter a debit balance choose a transaction date enter a credit balance.

Answers

Answer and Explanation:

The computation of the ending cash balance with the help of the cash ledger is presented below:

Cash account

Date   Particulars           Amount            Date    Particulars         AMount

April 1   Beg. Balance    $1,900             April 16  Rent expense   $400

April 3  Service revenue $1,400           April 20 Salaries & wages

                                                                             expense              $150

April 30 Ending balance $2,750

refers to the buying and selling of products and services
through an electronic medium such as the internet

O E-commerce
O Money orders
O Telegraphic money transfers
M-money​

Answers

Explanation:

E commerce refers to the buying and selling of products and services through an electronic medium such as the internet.

21. A small object is placed at right angles to the axis of a fixed concave
mirror so as to form (i) a real (ii) a virtual image, twice as long as the
object. if the radius of curvature of the mirror is 40cm, what is the
distance between the two images?
Ans: 60cm
om
chat and in ito​

Answers

Answer: 60 cm

Explanation:

Given that:

Radius of curvature (R) = 40 cm

Radius of curvature is 2 tines the Focal length:

Focal length (f) = 40/2 = 20

Object distance = u

Image distance = v

Image (v) = 2u

1/v + 1/u = 1 /f

1/2u + 1/u = 1/20

(1 + 2) /2u = 1/20

3 / 2u = 1/20

2u = 60

u = 60/2

u = 30 cm

v = 2u

v = 2(30)

v = 60 cm

Listed below are several transactions that took place during the second and third years of operations for RPG Consulting.
Year 2 Year 3
Amounts billed to customers for services rendered 390,000 490,000
Cash collected from credit customers 300,000 440,000
Cash disbursements:
Payment of rent 84,000 0
Salaries paid to employees for services rendered during the year 144,000 164,000
Travel and entertainment 34,000 44,000
Advertising 17,000 39,000
In addition, you learn that the company incurred advertising costs of $29,000 in year 2, owed the advertising agency $5,400 at the end of year 1, and there were no liabilities at the end of year 3. Also, there were no anticipated bad debts on receivables, and the rent payment was for a two-year period, year 2 and year 3.
Required:
1. Calculate accrual net income for both years.
2. Determine the amount due the advertising agency that would be shown as a liability on RPG’s balance sheet at the end of year 2.

Answers

Answer:

1.                                              Year 2          Year 3

Revenues                            $390,000    $490,000

Expenses

Rent                                     $42,000       $42,000

Salaries                                $144,000     $164,000

Travel and entertainment    $34,000      $44,000

Advertising                           $29,000      $21,600

Net Income                          $99,000      $260,400

2. Advertising liability at end of year 2 = $29,000 - ($17,000 - $5,400) = $29,000 - $11,600 = $17,400

Working

Advertising Expenses

Debit                            Credit

                                    Balance B/d                       5400

Bank               17000    Profit and Loss account 29000

Balance c/d 17400  

Total                34400   Total                                  34400

Advertising Expenses

Debit                     Credit

                                  Balance B/d                      17400

Bank     39000    Profit and Loss account   21600

Balance c/d  0

Total            39000    Total                                  39000

1: List three policy making groups of the Federal Reserve?
2: which banks are members of the fed?
3: the fed is owned by?

Answers

Answer:1- the board of governors, the federal reserve bank also know

as ( Reserve bank), And the federal open market committee

2- Approximately 38 percent of the 8,039 commercial banks in the United States are members of the Federal Reserve System.

3- The Federal Reserve System is not "owned" by anyone. The Federal Reserve was created in 1913 by the Federal Reserve Act to serve as the nation's central bank.

Explanation:

idk answer might Be wrong

Craig was scheduled to attend a meeting about a new project, but the flu kept him at home. What can Craig do to catch up on the outcome of the meeting once he has recovered?

Answers

Answer:

Read the minutes from the meeting

Explanation:

At every formal meeting, there someone assigned to take minutes of the proceedings. The minutes detail the discussion and resolutions made at the meeting.

Once Craig has recovered, he should make efforts to get a copy of the minutes. By reading the minutes, Craig will be up to speed with the outcome of the meetings.

William wrote a check for $150.00 for his gas bill, but he only has 96.26 in his checking account. What will happen to the check when it is presented for payment

Answers

Answer:

The person will ask William to check his checking account and then William would have to lower the check amount he had previously wrote.

Explanation:

If you write a check or make a purchase for more than you have in your checking account, your bank may cover the difference. This line of credit offered by the bank is called overdraft protection. ... Furthermore, if your account remains overdrawn, your bank may also charge you daily interest on the loan.

FIRST ANSWER GETS BRAINLIEST!
(If you answer with nonsense, brainliest will go to the other person)
Personal & Family Finance


You have closed an account due to fraudulent activity. What else should you do to BEST protect yourself?


A) Change all of your passwords and PINs.


B) Do not put anything about the closing of the account in writing.


C) Put a permanent credit freeze on your credit report.

Answers

Answer:

C

Explanation:

Answer:

A) Change all your passwords and pins

Explanation:

when you do this, you better secure your information to keep unwanted hackers out, if you change your passwords and pins, hackers will need to figure out what the new codes are

the answer is not C) put a perm freeze on your account- becuase though it does stop anyone from using your information to make new accounts, it also stops YOU from making any new accounts as well, a freeze can be a temporary fix -i.e. to buy you more time to secure things and figure out whats going on-, but not perminant

hpe this helps you out, sorry if im a little late on answering

(a) Which one of the following which is an example of a non-financial objective for an
entrepreneur starting a new business?
Select one answer:
A Survival
B Profit
C Market share
D Independence

Answers

Answer:

D Independence

Explanation:

Entrepreneurs have more control over their lives. They choose what kind of business they want, where to locate it, and how to run it. Entrepreneurs are their bosses. They control their work-life balance a have greater independence than employees.

Many individuals start their businesses to regain control over their lives. The desire to have a more convenient and flexible work schedule and pursue one's goals is a big motivation for many entrepreneurs.

Which department of a business is responsible for creating budgets and
analyses the inflow and outflow of the company's monetary assets?

Research and Development
O Production
O Accounting and Finance
O Marketing and Sales​

Answers

Answer:

Accounting and Finance

Read each question and choose the best answer. "How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case."—Robert G. Allen, financial writer This quotation reflects what principle of investing? A. Higher risk usually offers higher potential return. B. Higher risk usually offers lower potential return. C. Greater liquidity usually offers higher potential return. D. Greater liquidity usually offers lower potential return.

Answers

Answer:

A.

Explanation:

This quote reflects the principle of investing that Higher risk usually offers a higher potential return. Savings accounts are probably the safest investments that an individual can make, where they hold their money in this account and the bank ensures this account while also providing interest on the amount held. This interest that is gained is extremely small and usually wouldn't even cover the average annual inflation rate. The average interest on these accounts is between 0.01% to 0.35% APY. Riskier investments have a much higher potential return from 7% APY to potentially above 100% APY.

What is one thing the government does as it enforces consumer-protection
regulations?
A. collects tariffs from foreign producers
B. tests products such as drugs and automobiles for safety
C. prevents cartels from engaging in price fixing or production
limitation
D. makes sure publicly-traded companies provide stockholders with
financial records

Answers

Answer: B: test products such as drugs and automobiles for safety

Explanation: âpex learning

True or False? Conditional formatting in Excel can make it difficult to identify data that satisfy certain conditions in a data set.

Answers

Answer:

False

Explanation:

Conditional formatting is a special feature in excel spreadsheets that allow the application of specific modification to cells that meet certain criteria.
It is most commonly used to highlight color, emphasize text or heading, and differentiate data from information stored in a spreadsheet.

what is nbetter fender gibson or danelectro guitars. (in your opinion). I ALREADY HAVE MINE DANELECTRO ALL THE WAY.

Answers

Answer:

Danelectro Guitars

Explanation:

They are just cool.

According to the video, what tasks commonly are performed by Cashiers? Check all that apply.

creating advertisements
receiving money
totaling bills
giving receipts
delivering products to customers’ homes
weighing produce and bulk food

Answers

Answer:

receiving money

totaling bills

giving receipts

Explanation:

Cashiers are workers stationed at cash registers. Their role revolves around receiving money, issuing receipts,  and disbursement of correct change as required. Cashiers work in many institutions, especially in the retail industry.

Cashiers' main task is to collect payment from customers. They have to be accurate when issuing receipts and giving back change. Cashiers have to reconcile their register at the end of the day.

Answer:

bcd

Explanation:

I will give the right answer brainliest. Choose the option that best matches the description given.

_____ try to influence legislation and help human services organizations to achieve their goals.

1. Legislative aides
2. Lobbyists
3. Lawyers

Answers

Answer:

2. Lobbyists

Explanation:

A lobbyist is any individual or a group of individuals who communicates directly or indirectly with others to influence or attempt to influence the drafting, debate, vote, approval, or introduction of some legislation.  In this context, a lobbyist may be a legislator trying to influence fellow legislators or any person who communicates with a legislator to advocate and promote the desires of human services organizations.

Answer:

Lobbyists

Explanation:

Other Questions
Under the spoils system, jobs were often given to individuals who could be described as what? What is the difference between 1.37 and 0.52 x+4 over negative 5 =3 Esme read 12 pages from her science book last night and it took her 18 minutes how long would it take her to read tonight's homework which is 22 pages long If it takes Andre 4 minutes to swim five laps how much will it take him to swim 22 laps at the same speed 1. Identify the process depicted in the diagram above. Hi! can someone simplify this, thank youu Plzzzzzz helpppppppppppp No like for real I dont understand:( Name a set of vertical angles X^3-4x^2+3x+2=0 find all the real values of x Alfonso studied the magazine pictures of rock stars for a hairstyle. He liked the way Prince lookedand the bass player from Los Lobos. Alfonso thought he would look cool with his hair razored into a V in the back and streaked purple. But he knew his mother wouldnt go for it. And his father, who was puro Mexicano, would sit in his chair after work, sullen as a toad, and call him "sissy. What details from the passage would best support a paragraph about conflict between characters? Alfonso thinking he would look good with razored, purple hair Alfonso liking the way the rock stars style their hair Alfonso thinking his father would likely call him a sissy Alfonso seeing his father sit in his chair after work Find the percent increase round to the nearest percent From 42 acres to 72 acres 5. Which was NOT a reason for taking slaves.OTo work the fields.O To gain serrvantsO To help the Indians learn EnglishOOther: What is the voltage drop across the 10.0 2 resistor?10.00120.0 V20.0030.00Answer: 20.0V What are the physical characteristics found in Mesopotamia?Select all correct answers. abundant rainfallthick forestsfertile plateausriver valleys Some equations have the form y=kx, where k is a number.Which equation CANNOT be written in the form y=kx?y=xy=x+3y/2=xy= 1/10x George buys a computer. He pays a deposit of 200 and six monthly instalments of 55.How much George pay for his computer in total? 9) Solve: a^2+ b^2= c^2 for b I-cache miss rate is 2%, D-cache miss rate is 5%. Miss penalty is 100 cycles. Base CPI is 2 CPI. If load and store are 20% of instructions, what is the actual CPI? did you know that if you smile you can breath.just kidding just wanted to see you smile