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34kurt
2 years ago
14

In the statement of cash flows prepared by the indirect method, the sum of net cash flows used for operating activities, investi

ng activities, and financing activities is equal to _____.
Business
1 answer:
yulyashka [42]2 years ago
6 0

In the statement of cash flows prepared by the indirect method, the sum of net cash flows used for operating activities, investing activities, and financing activities is equal to <u>the net increase or decrease of cash</u> .

What is statement of cash flows ?

The financial statements of a firm provide investors and analysts with a picture of all the transactions that occur within the organization, where each transaction adds to its performance. The cash flow statement is seen to be the most intuitive of all financial statements since it tracks cash generated by the business in three ways: operations, investment, and financing. Net cash flow is the total of these three components.

  • A cash flow statement summarizes all cash inflows received by a corporation from ongoing activities and external investment sources.
  • The cash flow statement contains cash generated by the business from operations, investment, and financing, the total of which is referred to as net cash flow.
  • The cash flow statement's first section is cash flow from operations, which comprises transactions from all operational business activities.
  • The second portion of the cash flow statement is cash flow from investment, which is the consequence of investment gains and losses.
  • The third element is cash flow from financing, which provides an overview of cash used from loan and equity.

To know more about statement of cash flows

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Answer:

b. safety

Explanation:

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The business failure would be associate with safety which is a most suitable term.

7 0
3 years ago
a. A challenging job at an organization that raises the bar in data security b. An entry-level position in the marketing area wi
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Answer:

d. An accounting position in which 10 years' experience and a license as a CPA will allow me to assist your company with payroll, employee benefits,

Explanation:

THE QUESTION IS THAT

Which of the following is the best career objective for a résumé?

Career objective can be regarded as a personal statement that gives definition of the specifics that one wish to attain in his/her profession.

A resume objective can be regarded as optional part that is been written in a resume which states or specify the career goals as well as outlines ones best skills. It should be noted that one of the best career objective for a résumé is An accounting position in which 10 years' experience and a license as a CPA will allow me to assist your company with payroll, employee benefits,

5 0
3 years ago
Suppose that Ava withdraws $300 from her savings account at Second Bank. The reserve requirement facing Second Bank is 10%. Assu
zepelin [54]

Answer:

Change in Reserves: <u>–$30    </u>

Change in Deposits: <u>–$300   </u>

Change in Loans: <u>–$270    </u>

Explanation:

The calculation of each element of the balance sheet is as follows:

Change in Reserves = Amount withdrawn by Ava * Reserve requirement faced by Second Bank = $300 * 10% = $30. This is a reduction and will be negative in the Second Bank's Balance Sheet.

Change in Deposits = Amount withdrawn by Ava = $300. This is a reduction and will be negative in the Second Bank's Balance Sheet.

Change in loan = Amount withdrawn by Ava - Change in Reserves = $300 - $30 = $270. This is a reduction and will be negative in the Second Bank's Balance Sheet.

4 0
4 years ago
Of someone has car liability insurance what damage would be covered for?
cluponka [151]
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8 0
3 years ago
The amount of depreciation expense for a fixed asset costing $95,000, with an estimated residual value of $5,000 and a useful li
pychu [463]

Answer:

The correct answer is False.

Explanation:

According to the scenario, the computation of the given data are as follows:

First we calculate the depreciation cost per hour, then

Depreciation cost per hour = ($95,000 - $5,000) ÷ 20,000 hours

= $4.50 per operating hour

So, Depreciation cost for 4,500 hours can be calculated as follows:

Depreciation cost for 4,500 hours = $4.50 × 4,500

= $20,250

5 0
3 years ago
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