Finance Questions
Explore questions in the Finance category that you can ask Spark.E!
legal agreement between a lender and a borrower
how often do you receive a credit statement?
are interest rates on personal loans high or low?
What law allows you to obtain a free credit report anually?
what goes under current liabilities (creditors falling due within 1 year)
Return on investment profitability ratios measure income relative to assets, equity, or total capital employed by the company. For operating ROA, returns are measured as operating income, that is, prior to deducting interest on debt capital. For ROA and ROE, returns are measured as net income, that is, after deducting interest paid on debt capital. For return on common equity, returns are measured as net income minus preferred dividends (because preferred dividends are a return to preferred equity).
NVDA : Bid - $453.96 Ask - $454.19(1) Suppose you have submitted an order to your broker to buy NVDA (NVIDIA Corp.) at market. At what price will your trade be executed?(2) Suppose you have submitted an order to your broker to sell at market. At what price will your trade be executed?
Why are loans the worst option when paying for post-high school life?
Return-on-sales profitability ratios express various subtotals on the income statement (e.g., gross profit, operating profit, net profit) as a percentage of revenue. Essentially, these ratios constitute part of a common-size income statement discussed earlier.
The source document for all cash payments is a sale invoice
When a journal pages for, the full page should be proved before the new page It started
Went to column totals are not in balance on the worksheet, the difference between the two totals is calculated and checked
Journals, ledgers, and work sheets are considered permanent records
The balance in prepaid insurance after adjusting entries are recorded represent the amount of insurance premium still remaining
The two accounts affected by the adjustment for insurance or prepaid insurance expense and insurance
Heading on a work sheet contains the name of the business, the name of the report, and the date of the report
Totaling in ruling the adjustments columns of a worksheet are necessary to prove the equality of debits and credits
The two accounts affected by the adjustment for supplies supplies and supplies expense
Most errors occur in doing arithmetic
Adjusting entries must be posted to a general ledger account