Which of the following activities involve collecting the necessary funds to support the business?
Emily Baldwin
Financing activities involve collecting the necessary funds to support the business. Investing activities involve acquiring the resources necessary to run the business. Operating activities involve putting the resources of the business into action to generate a profit.
Which activities involve putting the resources of the business into action to generate a profit operating financing delivering investing?
Operating activities involve putting the resources of the business into action to generate a profit. An income statement presents the revenues and expenses of a company for a specific period of time.
Which of the following groups uses financial statements to determine whether the company’s net income will result in a stock price increase?
FeedbackThe correct answer is: Investors in common stock. Question 2CorrectMark 1.00 out of 1.00Flag questionQuestion textThe financial statement that summarizes the changes in retained earnings for a specific period of time is the Select one:a. income statement.
Why are financial statement users interested in the statement of cash flows?
Why are financial statement users interested in the statement of cash flows? It provides information about an important company resource. includes retained earnings and common stock. certification criteria of the company’s auditors.
What are the owners claims on the assets of a business called?
The owners’ claim to the assets of the business is called stockholders’ equity . A corporation has separate accounts for the various elements of stockholders’ equity.
Which of the following groups are accounting information to determine whether the company can pay its obligation?
Answer: Creditors are people who the orgonanion owes money. Creditors make use of accounting information to know if the company can pay the amount owed.
What are the activities of a financial company?
Financial activities are activities that companies undertake to help achieve their economic goals and objectives. They include events and transactions that affect a business’ equity and long-term liabilities. Anything to do with the movement of money, i.e., cash inflows and outflows, is a financial activity.
Which is an example of an investing activity?
Investing activities involve collecting the necessary funds to support the business. The purchase of equipment is an example of a financing activity. Assets are resources owned by a business and provide future services or benefits to the business. Payments to the owners are operating activities.
What are the basic activities of a business?
Some fundamental operating activities for a business are sales, customer service, administration and marketing. These activities are part of the normal functioning of a business that affects its monthly, quarterly and annual income and profits.
Where do you find operating activities of a business?
The operating activities of a business are found in the business’ financial statements particularly the cash flow statement and the income statement.