Answer: a. Static
Explanation:
A static list is a list of contacts you've gathered over a period of time for a purpose.
Answer:
–$32
Explanation:
Rosnan Industries' 2013 free cash flow (FCF)
<u>Details $ </u>
Net income 713
Add Non-Cash Expenses:
Depreciation and amortization 100
(Increase) decrease in non-cash current assets:
Decrease in accounts receivable (300 - 275) 25
Increase inventories (375 - 250) (125)
Increase (decrease) in current liabilities:
Increase in total current liabilities (375 - 210) 165
Capital expenditure:
Increase in net plant and equipment (2,300 - 1,490) (810)
Depreciation and amortization <u> (100) </u>
Free cash flow <u> (32) </u>
Therefore, Rosnan's 2013 free cash flow (FCF) minus $32.
Answer:
Adjustments are made at the end of the accounting period because making them on a daily basis would be inefficient.
Explanation:
Adjusting entries are adjustments made on accounts to recognize revenue or expenses that were not properly recorded before. They are usually done at the end of the month or the end of the accounting period to balance debit and credit records.
While you record daily transactions the same day in which they occur.
False
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