The change in Accounts Receivable will be shown on the statement of cash flows as:
C. Subtraction from net income under the operating activities section.
Net income is calculated by deducting from total revenue the cost of sales, operational expenses, depreciation, interest, amortization, and taxes.
Change in Accounts Receivable:-
Accounts Receivable
In 2019 $ 48,000
In 2018 $ 45,000
Increase in Current Assets $ 3,000
This implies Cash outflow from Operating Activities.
Thus it should be subtracted from Net Income under the Operating Activities section.
Net income is a company's profit for a given period, whereas cash flow from operating activities measures the cash that comes in and goes out during a company's day-to-day operations. Net income is used to calculate cash flow from operating activities. However, both are important in determining a company's financial health.
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Answer:
need to know what its about?
Explanation:
Answer:
d. new entrants will have to spend heavily to overcome existing customer loyalties.
Explanation:
When the product is different and can be recognized by an incumbent so the same should be acted as the entry barrier as the new entrants should spend more amount so that they would able to overcome the loyalties of the customer that are pre-existed in the market
So according to the given situation, the option d is correct
And, the remaining of the options should be incorrect
Answer:
There is no contract since both Helen and Garth made a mutual mistake.
In contract law, a mutual mistake occurs when all the parties involved (Helen and Garth) are mistaken about important material facts that affect the contract (which ATV is being sold). The parties intend to perform but what they consider being part of the contract is not what the other party considers part of the contract. When both parties make a mutual mistake, the contract is cancelled.
Mutual mistakes are not on purpose, they are mistakes committed in good faith.
