Create a cash flow statement for your own finances. Why are cash flow statements useful in managing money?

Answers

Answer 1
Answer:

Cash flows tell us about the company’s actual outflows and inflows of cash in particular period such as quarter or year or others. This very important for business as cash flow from main operations helps the company to see whether they are generating enough to invest in growth projects or not.
Answer 2

Answer: Cash flow statements are useful in managing money because cash flow keeps track of the outflows and inflows of cash in an organized manner. Cash flow is the main operation that helps companies as well to see whether or not their investments are creating enough income.


Related Questions

Mason compared the properties of two compounds. Magnesium oxide is an ionic compound, and hydrogen peroxide is not an ionic compound. Therefore, both compounds most likely

have molecular structures.
can be highly reactive.
have low boiling points.
can dissolve in water.

Answers

Answer:

Can be highly reactive

Answer:

B.

Explanation:

What is an advantage of using a competency-based pay plan? Employees tend to work harder. Salaries are easy to calculate. Employees are rewarded for staying with the company. It is cheaper than other plans.

Answers

Answer:

Competency-based pay helps to tie your company's culture directly to the success of the company. Increased transparency: Employees will better understand what they have the potential to earn with a competency-based pay system and what skills they need to acquire to reach the pay they desire.

Employees are rewarded for staying with the company is an advantage of using a competency-based pay plan. The correct option is C.

What are the advantages of a competency-based approach to organization?

By using a competency-based approach and taking into account historical competency data, it is possible to enhance job descriptions, find more suitable candidates, create better job descriptions, and even identify which employees to fire when things get tough. They can also assist in determining the most effective employee development program.

By directly linking your company's culture to its success, competency-based pay can help. Increased transparency: With a competency-based pay system, employees will have a better understanding of their earning potential and the skills they will need to develop to get the pay they want. By comparing the competency profiles of your employees to those needed for their jobs, competency-based assessment can help you spot areas where your staff needs to develop. The paths taken by your employees within the company can be visualized using this data to develop individualized development plans.

Thus, the ideal selection is option C.

Learn more about the competency-based approach here:

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QUESTION 8 of 10: Your average weekly take home wage is $615. You take a one-week paid vacation and a second week unpaid vacatio
You have calculated your total annual expenses to be $31,320 per year. What is your cash surplus at the end of the year??

Answers

Answer:

$45

Explanation:

A surplus is when income exceeds expenses.

One year has 52 weeks. If one week was unpaid leave, then payments were received for 51 weeks.

Average payments per week = $615

Total earning per week =$615 x 51

=$31,365  

The total expenses for the year were  $31,320. The surplus amount will be income minus expenses

= $31,365 - $31,320

=$45

             

Explain whether you agree or disagree with the leadership style that was determined for you. Why?

Answers

Answer:

I agree because it taught me how to be a tood person, and wpone that is smart academically and in life

Explanation:

Answer:

what they said

Explanation:

Damien paid $41,000 for a new car. A few weeks later, he received a $2,000 cash rebate from the manufacturer. Damien later claimed and received a $3,750 federal tax credit for purchasing and owning the vehicle. Damien's basis in the car is:

Answers

Answer:

$35,300

Explanation:

Cash paid = $41,000

Cash rebate received = $2,000

Federal tax received = $3,700

Damian's basis of car = Cash paid - (Cash rebate received + Federal tax received)

Damian's basis of car = $41000 - ($2000 + $3700)

Damian's basis of car = $41000 - $5,700

Damian's basis of car = $35,300

The marketing manager of Rues Golf Club finds that the club can increase its market share, and become the industry leader if it slashes membership prices by 50% during the first quarter of the year. However, the club cannot achieve its target return on investment if its slashes its membership prices during a quarter. This conflict illustrates:_________

Answers

Answer:

Need for trade offs in pricing objectives

Explanation:

I the given scenario the club is faced with two choices. Either they increase market share and become an industry leader while slashing membership prices, or leave membership price the way it is and meet its target on return on investment.

A trade off is required in this kind of situation.

In a trade off a business will need to lose in one aspect in order to gain in another.

So a choice will need to be made on what the business will be able to lose and come out benefiting more.

If the company values the proposition of increasing its market share and becoming the industry leader, it will slash it's membership price by 50%

What the most challangeing thing about righting a memo

Answers

Answer: The most challenging part of writing this memo was to ensure that it doesn’t offend or demean any employees. It was also a challenge to convey the message in a tone that is both formal and polite, so the recipients understand the reason for the change in the dress code.

Choose one current event. Describe the event and discuss the economic implications of this event. What economic effects might this have at the individual and societal levels?

Answers

corona virus. the corona virus is a virus that makes us buy masks, but it also is making us stay home and some of us have to buy computers and stuff to work from home and some of us cannot go to work because of the spread of the deadly virus. individually it will cost us money if we need to buy a computer/laptop but it will also cost money because everyone needs food and water at their house so they will create a stock, so they will spend a major of their money on food and water. on a society level there will be a lot of people buying everything at once and then there will be nothing to buy or no one to buy anything so we won’t have any ups or downs in the economy but we will not be spending money as a society so we will just keep it to ourselves.

The Corona virus event that has people buying masks, and everyone staying home requiring some to buy computers, creating stock with food and water. In society people will level for a lot of people to buy everything, then there would be nothing left to buy.

Which of the following statements is using action words and phrases?
A.
Organized and coordinated fundraising for the chess club.
B.
I was a supervisor for the customer service department.
C.
I was the team captain for the tennis team.
D.
I was a part-time welder for Felt Welding.

Answers

Answer: A.  Organized and coordinated fundraising for the chess club.

Explanation:

Action words and phrases in simple terms are doing words, verbs, words that describe the subject doing something.

In option A, the action words are ''organized'' and ''coordinated'' which show that the subject did the actions of organizing and coordinating fundraising for the chess club.

Answer:

A. > Organized and coordinated fundraising for the chess club.

Brad, a retail store manager, notices that one of his employees, Eric, is sleeping in the break room during his shift. Brad needs to give Eric feedback that this conduct is not allowed. You advise Brad that the feedback would be best delivered to Eric:

Answers

Answer: Quickly as Eric's behavior was observed.

Explanation:

One of the major ethics in a work place is to avoid sleep is during your shift, this puts extra work on your colleagues or puts the work or operation at risk when you're the only one carrying out the job. The feedback that Brad would have to Eric has to be done as quickly as possible so that Eric can work on it and desist such attitude.

If the job outlook for your career is growing, you are certain to get a job once you graduate.
True or False

Also I need some help with my other recent questions please. ​

Answers

Answer:

true, because if you have that strength to do anything you'll be able to♥️♥️

locking a cell so that others cannot alters its contents is know as

Answers

Answer:

The correct answer is cell protection.

Explanation:

It is when you prevent others to edit or change the contents of certain cells in a sheet. In doing this, you first unlock all cells. Then, select the cells you want to lock then select the option to lock them. Hope this helped.

Answer:

The answer is Cell protection.

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