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
Agata [3.3K]
1 year ago
15

The direct method presents a summary of all operating transactions that result in either a debit or credit to the.

Business
1 answer:
Vladimir [108]1 year ago
7 0

The direct method defines a summary of all operating transactions that causes either a debit or credit to the <u>cash</u>.

The direct method is one of two accounting mechanisms used to produce a cash flow statement. The cash flow statement of the direct method uses actual cash outflows and inflows from the enterprise's operations, rather than modifying the operating section from accrual accounting to a cash basis. Accrual accounting determines revenue when it is earned versus when the payment is received from a client.

You can leran more about cash flow statement at

brainly.com/question/735261

#SPJ4

You might be interested in
During the 2008 financial crisis velocity decreased. This means that the rate at which money changed hands
marysya [2.9K]

Answer:

The correct answer is: A

Explanation:

The velocity of money is a measurement of the rate at which money is exchanged in an economy. It is the number of times that money moves from one entity to another. The velocity of money is important for measuring the rate at which money in circulation is being used for purchasing goods and services.

Economies that exhibit a higher velocity of money relative to others tend to be more developed. The velocity of money is also known to fluctuate with business cycles.

Velocity of money formula:

Velocity of Money = GDP / Money Supply

According to the<em> </em><em>quantity theory of mone</em><em>y</em>, inflation occurs because there is too much money available to buy the same amount of goods and services produced in the economy. It relates the general price level, the total goods and services produced in a given period, the total money supply and the speed (velocity) at which money circulates in the economy in the following equation:

MV = PQ

M stands for money.

V stands for the velocity of money (or the rate at which people spend money).

P stands for the general price level.

Q stands for the quantity of goods and services produced.

If for some reason the money velocity declines rapidly, it can offset the increase in money supply and even lead to deflation instead of inflation.

When more transactions are being made throughout the economy, velocity increases and the economy is likely to expand. <u>The opposite is also true: Money velocity decreases when fewer transactions are being made; therefore the economy is likely to shrink.</u>

7 0
3 years ago
Qu. 13-95 (Algo) Two products, QI and VH, emerge from a joint process... Two products, QI and VH, emerge from a joint process. P
Andrews [41]

Answer and Explanation:

The computation of the financial advantage or disadvantage is as follows:

<u>Particulars                                              Product Q1 </u>

Selling price after further processing  13.00

Selling price at split off point                 11.00

Incremental revenue per pound or gallon 2.00

Total production                                    2,200.00

Total Incremental Revenue                 4,400.00

Total Incremental Processing costs        10,200.00

Total Incremental profit or loss                   (5,800.00)

Since there is an incremental loss so the same would be Sold at split off

7 0
4 years ago
The desire to be your own boss.
Vika [28.1K]

Answer:

This is widely considered to be a benefit of starting your own business and is also a factor for motivation

8 0
3 years ago
If bob wants to study the relationship between income and years of education, he should use the ________ method.
scZoUnD [109]
General social survey is the answer (gss)
5 0
4 years ago
The name of Internet Web sites are referred to as their _____ name.<br>its domain
Alja [10]

Answer:

Domain names . good luck ;)

7 0
3 years ago
Read 2 more answers
Other questions:
  • For a fitness center purchasing a $3,000 photocopier expected to produce 30,000 copies with no salvage value at the end of the p
    13·1 answer
  • Company a owns shares of company b and company
    5·1 answer
  • If joe were to introduce himself as dr. early to sell to gensol, knowing that people would assume that he was a medical doctor,
    6·1 answer
  • Resources that can theoretically last forever are called __________ resources
    11·2 answers
  • Oni makes apple pies for the local bakery. when toni works with an assistant, she produces 60% more apple pies and works 20% few
    8·1 answer
  • You have a list of 140 'hot leads' who clicked on a link in your email. Your click rate is 4%. How many emails did you ORIGINALL
    9·1 answer
  • How many career fields are there?<br> A. 6<br> B. 9<br> C. 11<br> D. 17
    11·2 answers
  • Is GDP a good measure of the prosperity of the average person?
    13·1 answer
  • What is Financing Decision??​
    11·2 answers
  • According to growth accounting studies, investing in research and education Group of answer choices is the best way to achieve g
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!