Answer:
The correct answer is B. Trend analysis.
Explanation:
The trend analysis is the method of analysis that consists in observing the behavior of the different items of the Balance Sheet and the Income Statement, to detect some significant changes that may have their origin in administrative errors.
This method allows us to know the direction and speed of the changes that have occurred in the financial situation of the company over time, so it is considered as a method of horizontal analysis.
It helps us to detect failures; but it is only an exploratory method, so it is always necessary to investigate further to find the causes of the failures. It is necessary to determine the changes suffered in the balances of the financial statement items that we are interested in analyzing. The trend analysis allows us to know the financial development of a company.
Answer:
$414000
Explanation:
Calculation to determine what Net cash provided by operating activities for the year is
Net income $394000
Less Receivable increased ($29000)
Less Accounts payable decreased ($12000)
Add depreciation expense $61000
Net Net cash provided by operating activities $414000
Therefore Net cash provided by operating activities for the year is $414000
Based on the information given the net income for the year will be is : $2.9 million.
<h3>Net income</h3>
Using this formula
Net income=Dividend declared-Decrease in Ending Retained earning
Where:
Dividend declared=$4.4 million
Decrease in Ending Retained earning=$1.5 million
Let plug in the formula
Net income=$4.4 million-$1.5 million
Net income=$2.9 million
Inconclusion the net income for the year will be is : $2.9 million.
Learn more about net income here:brainly.com/question/13186458
Answer:
A) $1,200
Explanation:
The cash inflow is that amount which increases the cash balance i.e cash has come whereas cash outflow is that amount which decreases the cash balance
In the given situation, the cash inflow would be
= Income generated from his job + stock dividend income
= $1,000 + $200
= $1,200
And, the cash outflow would be rent & utilities and other types of expenses which decrease the cash balance as the cash is gone
