1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sdas [7]
2 years ago
12

A __________ provides a summary of cash coming into and money going out of a firm from operations activities, financing activiti

es, and investing activities.
Business
1 answer:
masya89 [10]2 years ago
8 0

Cash Flow Statement provides a summary of cash coming into and money going out of a firm from operations activities, financing activities, and investing activities.

<h3>What is Cash Flow Statement?</h3>

A financial document called the cash flow statement (CFS) outlines the inflow and outflow of a company's cash and cash equivalents (CCE). The CFS gauges how effectively a business manages its cash position, or how successfully it generates cash to cover its debt payments and finance its operating costs. The balance sheet and the income statement are two of the three primary financial statements, and the CFS is the third. We'll outline the CFS's structure and application to company analysis in this article.

A cash flow statement lists all of the cash and cash equivalents that come into and go out of a business.

A company's cash management, especially how successfully it earns cash, is highlighted by the CFS.

To learn more about Cash Flow Statement from the given link:

brainly.com/question/735261

#SPJ4

You might be interested in
Portions of the financial statements for Parnell Company are provided below. PARNELL COMPANY Income Statement For the Year Ended
Pepsi [2]

Answer:

Prepare the cash flows from operating activities section as follows :

Cash Flows from Operating Activities

Income before tax                                        172,000

Adjustments of Non- Cash Items :

Gain on sale of building                              ( 12,000)

Depreciation                                                 127,000

Loss on sale of equipment                             11,000

Adjustments of Changes in Working Capital :

Increase in Accounts Receivables            (120,000)

Decrease in Inventory                                  116,000

Decrease in Prepaid insurance                    34,000

Increase in Accounts payable                     105,000

Increase in Salaries Payable                         21,000

Increase in Deferred tax liability                   12,000

Decrease in Bond discount                         (22,000)

Net Cash flow from Operating Activities   444,000

Explanation:

Indirect Method Adjust the Net Income before tax with movements in working capital items and non-cash items included in income statements.

3 0
3 years ago
The bookbinder company has made $150,000 before taxes during each of the last 15 years, and it expects to make $150,000 a year b
allochka39001 [22]

A company can carryback losses up to 3 years. This means that the company can use its 525,000 2015 loss to obtain a credit for income taxes paid in the previous 3 years, 2012-2014. The calculation is as follows:

2012 Carryback: 150,000 x .35 = 52,500

2013 Carryback: 150,000 x .35= 52,500

2014 Carryback: 150,000 x .35 = 52,500

The check that Book Binder receives will be 52,500 x 3 = 157,500.

Its tax liability in 2015 will be zero, and its loss eligible for carryforward will be 525,000-450,000=75,000, since it has already carried back $450,000 of its loss (2012-2014 income).

Its liabilities in future years will be:

2016: (150,000-75,000) x .35 = 26,250. We have now exhausted all tax credits possible from the 2015 loss.

2017-20: 150,000 x .35 = 52,500

4 0
3 years ago
Suppose that your firm has spent several decades establishing a well-known brand name through advertising. If other firms are pr
-Dominant- [34]
Location because it was spent on most and the decades were filled with them
4 0
3 years ago
What is the effect of an accrued expense (such as salaries expense) adjustment on the income statement and the balance sheet? (c
vredina [299]

A liability (such as salaries payable) will be increased. Expenses are increased. Net income is reduced.

<h3>What is liability?</h3>

What a person or business owes is known as a liability, and the amount owed is typically monetary. The transmission of economic rewards, such as money, products, or services, settles liabilities over time. Having to pay anything to someone else under the law is known as having a liability. To pay for a business's continuous operations, liabilities are incurred. Accounts payable, accumulated costs, owed wages, and owed taxes are a few examples of liabilities.

What your business has that has the potential to generate future financial benefits are its assets.

What you owe other people is your liability. To put it simply, assets increase your financial security while liabilities decrease it.

Obligations aren't always a terrible thing. Some loans are taken out to buy new equipment, such as machinery or automobiles, which aids small businesses in running and expanding.

To learn more about liability visit:

brainly.com/question/18484315

#SPJ4

7 0
1 year ago
What was the name given to the first computer (machine) language?
Alekssandra [29.7K]

Answer:A. ASCII

Explanation:APEX

7 0
3 years ago
Read 2 more answers
Other questions:
  • A study of over 12,000 employees found that ________ had engaged in such workplace misbehaviors as goldbricking, sick time abuse
    14·1 answer
  • Mann Corporation has been investing $18,000 for the last four years in an investment scheme that will mature at the end of the c
    6·1 answer
  • One type of systematic error arises because people tend to think of benefits in percentage terms rather than in absolute dollar
    8·1 answer
  • Moises has dreamed of setting up a graphic design company since he was in college. He always knew he wanted to work from home an
    14·1 answer
  • The marketing researcher for Pooch Party, a manufacturer of toys for dogs, has noticed an increased trend in pet owners dressing
    12·1 answer
  • All of the following are key characteristics of a monopolistically competitive industry except A. a differentiated product. B. a
    15·1 answer
  • In the economy of Ukzten in 2010, consumption was $6000, exports were $1000, GDP was $10,000, government purchases were $2000, a
    10·1 answer
  • What business structure automatically reinvests profits in the corporation?
    11·1 answer
  • A certain organization trying to decide where to locate their future factory is considering three locations. They are taking int
    9·1 answer
  • Assuming the issuer does not default, can capital gains or losses be a component of the holding period return on a zero-coupon b
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!