The amount reported in the Cash Flows from (used for) Operating Activities section of the statement of cash flows using the indirect method is $7,600.
<h3>Cash flow from operating activities sections:</h3>
Based on the information given the amount that will be reported in the Cash Flows from (used for) Operating Activities section of the statement of cash flows using the indirect method is the gain amount of $7,600.
This gain is the gain from selling office equipment and this amount must be deducted from net income in the operating activities section of the statement of cash flows.
The reason why we have to deduct the $7,600 is because under accrual basis of accounting the amount represent a noncash addition to net income.
Inconclusion the amount reported in the Cash Flows from (used for) Operating Activities section of the statement of cash flows using the indirect method is $7,600.
Learn more about cash flow from operating activities sections here:brainly.com/question/25530656
Answer and Explanation:
The classification is as follows
1. current liability
2. current liability
3. Current assets
4. Non current asset or fixed asset
5. Current asset
6. Stockholder equity
7. Non current asset or fixed asset
8. Current liability
9. Non currnet asset or fixed asset
10 Current liability
11 Stockholder equity
12 Current asset
13 Current liability
Hello, I think that the answer is A,I say this because when you make a assembly,you want to make sure that the water and the heating is all good and just inspect the place very good for the assembly to have a good representation,so yeah
Hope this helps,have a great night :)
Answer
In series, the answer of 'this is his' is:
- Principal Amount
- Interest
- Total amount
- Compound interest
Explanation:
- Kevin deposit $100 in a savings bank account, this is his principal. Principal is the initial amount that a person deposit in his account.
- Kevin's money earn 5 percent. the $5 he earn is the interest. Interest is the earning that a person earn on the overall amount deposited.
- Kevin's money worth is $105, this is his total accrued amount. Acquired amount= Principal + Interest
- The interest Kevin earn in first year is the interest in subsequent years. this is called compound interest.
Answer:
The answer is "India and increases".
Explanation:
Since its working-age population is rising, India will have a higher economic growth rate, and according to traditional thinking, restricting China's people would boost economic growth.
- The modernization theory includes reducing population growth in China would reduce economic growth.
- In India, real GDP per person has a growth of 8-1.6 = 6.4% as well as that of China is 9-0.6 = 8.4% in 2005.
- In India, the doubling time is 70/6.4% = 11 years or 2016 and in China, 8.33 or 2014.
