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Questions asked by the same visitor
What is Accounting Management?
Weegy: Thats another question. (More)
Question
Not Answered
Updated 2/22/2015 12:01:45 PM
1 Answer/Comment

Accounting Management is the practical application of management techniques to control and report on the financial health of the organization.

Added 2/22/2015 12:01:38 PM
This answer has been confirmed as correct, not copied, and helpful.
True or False: A statement of cash flows summarizes a company's cash receipts and cash payments over a period of time.
Question
Not Answered
Updated 214 days ago|9/22/2016 11:21:45 PM
1 Answer/Comment
A statement of cash flows summarizes a company's cash receipts and cash payments over a period of time. TRUE.
Added 215 days ago|9/22/2016 3:10:39 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by Andrew. [9/22/2016 11:21:37 PM]
Define the purpose of the following financial ratios: Activity Ratios
Weegy: Companies will typically try to turn their production into cash or sales as fast as possible because this will generally lead to higher revenues. Such ratios are frequently used when performing fundamental analysis on different companies. [ The asset turnover ratio and inventory turnover ratio are good examples of activity ratios. Read more: ] User: Discuss which one you feel provides the most valuable information for the business accountant? For the financial manager? Liquidity Ratios Debt Ratios Profitability Ratios Activity Ratios Weegy: Liquidity Ratios * Liquidity ratios deal with a firm's short-term financing and debt. By being liquid, a firm is quickly able to convert assets to cash, and pay off interest. [ The main liquidity ratios are the current ratio and quick ratio. [ Profitability Ratios * Profitability ratios show the return on sales and the profitability of the firm. The main profitability ratios are return on assets, return on equity and return on capital employed. Leverage Ratios Debt or Leverage ratios involve the amount of debt used to finance a firm's assets. A firm can finance through debt or equity. The firm must eventually pay back debt, while equity is an investment in the company. The main leverage ratios are debt to equity ratio and long-term debt to capitalization ratio. ] (More)
Question
Expert Answered
Updated 1/3/2012 8:14:29 PM
7 Answers/Comments
Frankie again you did not answer the users question, and instead defined all of the different types of ratios.
Added 1/2/2012 9:52:24 PM
The original question asked for a definition of activity ratios and I provided that with a link as well. I do not think I did not accurately answer this question. The second question asked for several different definitions and I feel I also provided that answer.
Added 1/3/2012 12:03:23 PM
No check that again. The second question asked you to decipher WHICH of the methods provides the most valuable information for both the business accountant and for the financial manager...IT did not ask you to copy and paste definitions. Why would you argue this? You are able to read I assume...this is ridiculous.
Added 1/3/2012 12:55:51 PM
No check that again. The second question asked you to decipher WHICH of the methods provides the most valuable information for both the business accountant and for the financial manager...meaning take the definitions you found and decide for yourself which of the ratio types would be chosen for each. IT did not ask you to copy and paste definitions. Why would you argue this? You are able to read I assume...this is ridiculous.
Added 1/3/2012 12:57:27 PM
I understand you may be frustrated with the situation of someone unflagging your corrections, but that is no reason to be rude or insulting to my intelligence. Of course I can read and I answered the question to the best of my ability which I though included the correct answer. The answer you provided was only for the first part of the question which led me to believe that is why you flagged the question. As far as copying and pasting an answer, the second part of the question already had an answer in the answer box and it seemed to contain the correct information to answer the questions asked by the user.
Added 1/3/2012 8:14:29 PM
thank you
Weegy: You are welcome. If you are satisfied with my answer, please rate positively. Thank you and all the best! User: thingamajigs and Things, a small gift shop, has current assets of $45,000 (including inventory valued at $30,000) and $9,000 in current liabilities. WannaBees, a speciatly clothing store, has current assets of $150,000 (including inventory valued at $125,000) and $85,000 in current liabilities. Both businesses have applied for loans. Calculate the current ratio for each company. Which company is more likely to get a loan? Why? Weegy: Your welcome. If you have anymore questions, please contact weegy. User: thingamajigs and Things, a small gift shop, has current assets of $45,000 (including inventory valued at $30,000) and $9,000 in current liabilities. WannaBees, a speciatly clothing store, has current assets of $150,000 (including inventory valued at $125,000) and $85,000 in current liabilities. Both businesses have applied for loans. Calculate the current ratio for each company. Which company is more likely to get a loan? Why? (More)
Question
Expert Answered
Updated 1/2/2012 7:36:45 PM
1 Answer/Comment
Thingamjigs and things 45,000/9,000 = 5. Wannbees 150,000/85,000 = 1.76. Thingamajigs and Things is more likely to get a loan as their current ratio is higher and therefore they are more likely to be able to meet their current debt obligations.
Added 1/2/2012 7:36:45 PM
How did the writing process benefited your essay development?
Question
Not Answered
Updated 1/4/2012 8:09:33 PM
1 Answer/Comment
The writing process benefited my essay development by allowing me to focus on the content of my writing instead of worrying about grammar, spelling, and other writing conventions. In developing my own writing process, I found I wrote higher quality essays because of more organization and planning. I developed a process for writing that led to proficiency in writing essays and term papers.
Added 1/4/2012 8:09:33 PM
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