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2 years ago

A decrease in the inventory account during the year should be reported on the indirect method statement of cash flows as?

1 answer:

6 0

A decrease in the inventory account during the year should be reported on the statement of cash flows as in financing activities as a use of funds.

What is in a cash flow statement?

On the cash flow statement, the entire amount of cash and cash equivalents that enter and exit a business are displayed. The CFS focuses on a company's ability to manage its cash, particularly how successfully it produces cash flow. The income statement and balance sheet both receive information from this financial statement.

What is financing activities in cash flow statement?

The cash flow statement's financing activity describes a company's capacity to raise capital and return it to investors via capital markets. The issuance and sale of additional shares of stock, as well as the growth, addition, and modification of existing debt, are also included in these acts. This list also includes dividend payments made in cash.

Learn more about cash flow statement: brainly.com/question/15278261

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15) You are

Bingel [31]

Answer:

Only going to dept for things you really need and have planned for

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2 years ago

Imprudential, Inc., has an unfunded pension liability of $750 million that must be paid in 17 years. To assess the value of the

Lana71 [14]

Answer:

$202,701,713.58

Explanation:

Present value of this liability = Value of liability / ((1+r)^t)

Present value of this liability = $750 million / ((1+0.08)^17)

Present value of this liability = $750 million / (1.08)^17

Present value of this liability = $750 million / 3.7000180548

Present value of this liability = $202,701,713.5840815

Present value of this liability = $202,701,713.58

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3 years ago

What is the difference between apparatus and materials?

Aleks04 [339]

Materials are any single item utilized when conducting scientific experiments. Apparatus is a collective group of items combined to perform experimental projects that do not have consumption. An example of a material would be water. Examples of apparatus would be thermometers or other instruments.
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3 years ago

Ratchet Manufacturing anticipates total sales for August, September, and October of $200,000, $210,000, and $220,500 respectivel

Pavel [41]

Answer:

The amount of accounts receivable which is to be reported on the company's budgeted balance sheet for August is $150,000

Explanation:

For computing the account receivable balance for the august month, the following adjustment is required which is shown below:

= August sales × credit sale percentage

where,

August sale is $200,000

And, the credit sale percentage is 75% because 25% is cash sale and the remaining 75% is a credit sale

So,

the accounts receivable would be equals to

= $200,000 × 0.75

= $150,000

Hence, the amount of accounts receivable which is to be reported on the company's budgeted balance sheet for August is $150,000

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3 years ago

in the wealth of nations 1776 Adam smith wrote that markets did not need governments to control them because of the invisible ha

Scorpion4ik [409]

<span>True. In the Wealth of Nations 1776 Adam Smith wrote that markets did not need governments to control them because of the "invisible hand" of competition. Smith focused on how different pricing and distribution within an economy are dispersed using an invisible hand idea. Some economists state that the uneven distribution and market happenings frustrate the </span>government which lead to unwanted shortages and surpluses of items.

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3 years ago