All categories

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

#SPJ4

You might be interested in

Branch Corporation issued $12 million of commercial paper on March 1 on a nine-month note. Interest was discounted at issuance a

siniylev [52]

Answer:

1 Cash 11,190,000

Discount on Note Payable 810,000

Note Payable 12,000,000

2- Interest Expense 810,000

Discount on Note Payable 810,000

3- Note Payable 12,000,000

Cash 12,000,000

Explanation:

In order to pass the Journal entry for issuance of Note Payable. First we need to calculate the Discount on issue of Bond Payable. The discount on note payable is calculated using the 12,000,000 x 9% x 9/12 = 810,000. In case of note payable is discount is interest expense for issuer hence on due corporation will pay full value of note to purchaser of note.

8 0

3 years ago

everyday, pepsi products are delivered to grocery stores, gas stations, vending machines, and restaurants in the united states a

Elis [28]

Every day, Pepsi products are delivered to grocery stores, gas stations, vending machines, and restaurants in the united states and locations around the world. to accomplish this task, pepsi must have an expedient to get its products from its source to the consumer in the supply chain.

<h3>What is Pepsi?</h3>

PepsiCo produces the carbonated soft drink known as Pepsi.
Caleb Bradham first invented and introduced Brad's Drink in 1893. In 1898, it was renamed Pepsi-Cola, and in 1961, the name was abbreviated to Pepsi.
Caleb Bradham created Pepsi at his drugstore in New Bern, North Carolina, where it was first sold in 1893 under the name "Brad's Drink".

<h3>What stands for Pepsi?</h3>

In 1893, Caleb Bradham created the first Pepsi beverage at his drugstore in New Bern, North Carolina, and sold it under the name "Brad's Drink."
In 1898, the drink's name was changed to Pepsi Cola in honor of the recipe's inclusion of kola nuts and the digestive enzyme pepsin.

Learn more about Pepsi here:

brainly.com/question/13373374

#SPJ4

7 0

2 years ago

Transactions The selected transactions below were completed by Cota Delivery Service during July: Indicate the effect of each tr

Bezzdna [24]

Answer & Explanation:

1.- Increase in assets and equity

(cash is asset and common stockequity)

2.- no effect

(one asset cash is rtaded for another, supplies)

3.- Decrease in Assets and Equity

(expense decrease the cash (assets) and equity (income))

4.- Decrease in Assets and Equity

(expense decrease the cash (assets) and equity (income))

5.- Increase in assets and equity

(cash increase equity increase (service revenue))

6.- Increase in assets and equity

(account receivable increase equity increase (service revenue))

7.- Decrease in Assets and Liablity

(ap decrease and cash decrease)

8.- no effect

(one asset increases cash. Another decreases, account receivable)

9.- Decrease in Assets and Equity

(expense decrease the suppplies (assets) and equity (income))

10.- Decrease in Assets and Equity

(less cash less retained earnings)

5 0

3 years ago

Kelly selected a home and submitted an offer to the seller. Multiple Choice The seller must accept her offer. Her offer must hav

Lena [83]

Answer:

The seller may reject the offer and choose to provide a counteroffer.

Explanation:

In a free-market environment, a seller has the option to accept or decline an offer for what he is selling, in this case, a house. Furthermore, he can propose a counteroffer to see if the buyer is able and willing to pay more for that house. Taking this simple rules into account, the seller may reject Kelly’s offer if he wants and can choose to make a counteroffer.

4 0

3 years ago

What is the state of education today with respect to technology use by teachers?

vitfil [10]

Technology has been very useful for the education. Teachers have found ways in order for technology to be more beneficial rather than detrimental to students. The use of televisions for certain classes allows the students to properly visualize the topics. Also, social media have been grounds for teachers to share their materials to the students and students to their co-students.

8 0

3 years ago