Login
Premium
Home Question Bank Economics
Question
upstudy study bank question image url

State ONE purpose of a Cash Flow Statement.

Ask by Curry Peterson. in South Africa
Mar 11,2025

Upstudy AI Solution

Tutor-Verified Answer

Answer

A Cash Flow Statement helps assess an entity's liquidity by showing how cash flows in and out through operating, investing, and financing activities.

Solution

Sign in to Unlock Answers for Free!

A Learning Platform Trusted by Millions of Real Students and Teachers.

star-icon Unlock

Answered by UpStudy AI and reviewed by a Professional Tutor

Extra Insights

A Cash Flow Statement helps businesses track the inflow and outflow of cash over a specific period, ensuring they maintain enough liquidity to meet operational needs. It acts as a financial lifeline, allowing companies to identify trends in cash movements and make informed decisions about spending and investment. Additionally, it provides valuable insights to investors and creditors about the financial health of a company. By examining how cash is generated and used, stakeholders can better assess the company's ability to sustain operations and meet long-term obligations.

Related Questions

22.- ¿Cual de las sigulentes opciones os una caracteristica del prosupuesto? a) Registro del dinero que se tiene y del que se gasta durante cierto periodo. b) Solicitud de asesoria contabla paro el registro de gastos en clerta tiempo. c) Equilibrio de necesidades prioritarias y recursos disponibles. d) Excedente de dinero que poseen las personas para realizar un gasto.
Economics Mexico Mar 12, 2025
1. Define the term cost price according to the given context.
Economics South Africa Mar 12, 2025
Accentrics Limited has the following information available regarding its share capital at December 31,2023 : Preferred shares, \( \$ 3.50 \) cumulative, 20,000 shares issued \( \$ 1,000,000 \) Preferred shares, \( \$ 4.50 \) noncumulative, 10,000 shares issued \( \$ 500,000 \) Common shares, 300,000 shares issued The shares were issued when the corporation began operations on January 1,2022 . No dividends were declared during 2022 and 2023. On October 27,2024 , the board of directors declared the required preferred share dividends and a \( \$ 0.50 \) dividend for each of the common shares. The dividends are payable on December 1,2024 , to the shareholders of record on November 16,2024 . Instructions a. How much will be paid to each class of shares? b. Prepare journal entries on the appropriate dates for the 2024 dividends.
Economics Canada Mar 12, 2025
22.- ¿Cual de las siguientes opciones es una caracteristica del prosupuesto? a) Registro del dinero qua se tiene y dal que se gasta durante eierto periodo. b) Solicilud de asesorla contable paro el registro de gastos en clerto tiempo. c) Equilibrio da necesidades prioritarias y recursos disponibles. d) Excedente de dinerD que poscon las personas para realizar un gasto.
Economics Mexico Mar 12, 2025
23. ¿Qud son los blenes? a) Actividedes que satisfacen necesidades an el momento mismo de ser producidas. b) Productos materialos que satisfacen una necesidad y que se adquieren en el mereodo. c) Excedantes de las personas o insituciones sobre sus gastos en promedio. d) Recursas generados por una persona o Institución a traves del trabajo, dincro y tiempo.
Economics Mexico Mar 12, 2025

Latest Economics Questions

1. Define the term cost price according to the given context.
Economics South Africa Mar 12, 2025
Presented here are selected transactions for Sheridan Limited for 2024. Sheridan uses straight-line depreciation and records adjusting entries annually. Jan. 1 Sold a delivery truck for \( \$ 16,310 \) cash. The truck cost \( \$ 57,930 \) when it was purchased on January 1, 2021, and was depreciated based on a four-year useful life with a \( \$ 6,310 \) residual value. Sept. 1 Sold computers that were purchased on January 1, 2022. They cost \( \$ 10,476 \) and had a useful life of three years with no residual value. The computers were sold for \( \$ 470 \) cash. Dec. 30 Retired equipment that was purchased on January 1, 2015. The equipment cost \( \$ 152,000 \) and had a useful life of 10 years with no residual value. No proceeds were received. \( \mid-208 \) 2
Economics Canada Mar 12, 2025
Accentrics Limited has the following information available regarding its share capital at December 31,2023 : Preferred shares, \( \$ 3.50 \) cumulative, 20,000 shares issued \( \$ 1,000,000 \) Preferred shares, \( \$ 4.50 \) noncumulative, 10,000 shares issued \( \$ 500,000 \) Common shares, 300,000 shares issued The shares were issued when the corporation began operations on January 1,2022 . No dividends were declared during 2022 and 2023. On October 27,2024 , the board of directors declared the required preferred share dividends and a \( \$ 0.50 \) dividend for each of the common shares. The dividends are payable on December 1,2024 , to the shareholders of record on November 16,2024 . Instructions a. How much will be paid to each class of shares? b. Prepare journal entries on the appropriate dates for the 2024 dividends.
Economics Canada Mar 12, 2025
NOTE: Clearly indicate the QUESTION NUMBER of each question that you choose. The answer to EACH question must start on a NEW page, e.g. QUESTION 2 on a new page, QUESTION 3 on a NEW page, etc. QUESTION 2: BUSINESS ENVIRONMENTS 2.1 Give ANY THREE practical examples of political environment as a component of the macro environment
Economics South Africa Mar 12, 2025
Consider the following \( \underline{\text { minimum }} \) problem: Minimize: \[ C=2 x_{1}+x_{2}+x_{3} \] Subject to the constraints: \[ \left\{\begin{array}{l} 2 x_{1}+x_{2}+x_{3} \geq 4 \\ x_{1}+2 x_{2}+x_{3} \geq 6 \\ x_{1} \geq 0 \\ x_{2} \geq 0 \\ x_{3} \geq 0 \end{array}\right. \] Write the dual problem for the above minimum problem by selecting the appropriate number for each blank box shown below (Do not solve the dual problem). \[ P=[\text { Select }] \quad \hat{v} y_{1}+[\text { Select }] \quad \hat{v} y_{2} \] [Select ] \( y_{1}+ \) \( \square \) [ Select ] \( y_{2} \leq 2 \) [ Select ] \( y_{1}+ \) \( \square \) [ Select ] \( y_{2} \leq 1 \) [ Select ] \( y_{1}+ \) \( \square \) [Select ] \( y_{2} \leq 1 \) \[ y_{1} \geq 0 \quad y_{2} \geq 0 \]
Economics United States Mar 12, 2025
Prev Next
Try Premium now!
Try Premium and ask Thoth AI unlimited math questions now!
Maybe later Go Premium
Study can be a real struggle
Why not UpStudy it?
Select your plan below
Premium

You can enjoy

Start now
  • Step-by-step explanations
  • 24/7 expert live tutors
  • Unlimited number of questions
  • No interruptions
  • Full access to Answer and Solution
  • Full Access to PDF Chat, UpStudy Chat, Browsing Chat
Basic

Totally free but limited

  • Limited Solution
Welcome to UpStudy!
Please sign in to continue the Thoth AI Chat journey
Continue with Email
Or continue with
By clicking “Sign in”, you agree to our Terms of Use & Privacy Policy