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Rainbow [258]
2 years ago
8

When preparing the statement of cash flows using the indirect method, depreciation expense is added to net income because it ___

___.
Business
1 answer:
kodGreya [7K]2 years ago
8 0

When preparing the statement of cash flows using the indirect method, depreciation expense is added to net income because net income is a starting point in measuring cash flows from operating activities

<h3>What is a Balance Sheet?</h3>

This refers to the inventory taken for all goods available in a warehouse, showing its financial records.

Hence, we can see that when a person is preparing the statement of cash flows with the indirect method, there is the addition of depreciation expense simply because the net income must be factored in.

Read more about statement of cash flows here:
brainly.com/question/735261

#SPJ1

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Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the f
kakasveta [241]

Answer:

2,800 units

Explanation:

The computation of the ending work in progress units is shown below:

= Beginning inventory units + units started - transferred units to the second processing department

= 2,100 units + 8,500 units - 7,800 units

= 2,800 units

All other information which is given in the question is not relevant. Hence, ignored it

8 0
3 years ago
If the equilibrium interest rate in the money market is 5%, then at an interest rate of 2% sellers of interest-bearing financial
expeople1 [14]

Answer: must offer higher

Explanation:

The financial world of investment is inter-correlated and products can sometimes be substitutes for one another. What this means is that if one financial product is not offering enough return on investment or is risky or for any other reason shakes their confidence in it, then investors tend to run to financial products that are perceived as better.

This is why when interest rates are stable and stocks are volatile, stock markets tend to lose value and bond markets sometimes gain value as investors leave the stock market and come to the bond market.

In the scenario described, the interest rate in the money market is 5%. If interest bearing financial assets are only at 2%, investors will leave/ not invest in those interest bearing bonds because the rate is lower. The sellers of such assets will therefore have to make them more attractive by increasing the the interest rates to find willing buyers.

4 0
3 years ago
What courses does ojt have like eg welding, it have any more​
Neko [114]

Answer:

I like Math and Spanish and alot more like English but I.d.k whats the question so if I am right branliest if not explan in the comm and I will be happy to help

Explanation:

8 0
2 years ago
If the price of a $10,000 par Treasury bond is $10,275.00, the quote would be listed in the newspaper as ________.
scoray [572]

Answer:

Hence, the quote that should be listed in the newspaper is 102.024

Explanation:

The computation of the quote that should be listed in the newspaper is shown below:

Quote would be listed is

= $10,275 ÷ $10,000 × 100

= 102.75

= 102 : 0.75 × 32

= 102.024

Hence, the quote that should be listed in the newspaper is 102.024

hence, the same is to be considered by taking all the information given in the question

7 0
2 years ago
Garcia company has 10,000 units of its product that were produced last year at a total cost of $150,000. the units were damaged
timurjin [86]

Answer and Explanation:

The computation of the incremental net income is shown below:

<u>Particulars    Sell          Process Further      Incremental Net income </u>

Sales        $20,000.00    $50,000.00        $30,000.00

          (10,000 units × $2)  (10,000 × $5)

Less:

Additional

Processing cost                 $18,000.00          $18,000.00

Total        $20,000.00      $32,000.00          $12,000.00

4 0
2 years ago
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