Sally nash has decided she needs a new car. after doing some research, she has settled on a midsized four door sedan. she likes the honda accord and is exploring the features she needs and wants on this car. she is also trying to decide whether she would be better off purchasing a new car, a used car, or leasing a car. she knows that if she purchases it new it would likely last her for many, many years. on the other hand a used car would be a lot cheaper. she is not sure a lease is for her because of the mileage requirements. what step in the purchasing process is sally carrying out?

You get your monthly banking statement and notice that the number is lower than expected. you decide that you should create a cash flow statement. why are cash flow statements useful in managing money? what are the steps in creating a statement?

On december 31, 2016, the decarreau, andrew, and bui partnership had the following fiscal year-end balance sheet: cash $10,000accounts receivable $20,000inventory $25,000plant assets - net $30,000loan to decarreau $18,000total assets $103,000accounts payable $14,000loan from bui $15,000decarreaua, capital (20%) $32,000andrew, capital (10%) $23,000bui, capital (70%) $19,000total liab./equity $103,000the percentages shown are the residual profit and loss sharing ratios. the partners dissolved the partnership on january 1, 2017, and began the liquidation process. during july the following events occurred: * receivables of $18,000 were collected.* all inventory was sold for $15,000.*all available cash was distributed on january 31, except for$8,000 that was set aside for contingent expenses.the book value of the partnership equity (i.e., total equity of the partners) on december 31, 2016 isa. $58,000b. $71,000c. $66,000d. $81,000

Which of the following should be considered last when searching for financing