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dem82 [27]
4 years ago
5

The statement of cash flows classifies all cash inflows and outflows into one of the three categories:

Business
1 answer:
Svetach [21]4 years ago
4 0

Answer:

1. Noncash investing and financing activities

2. A. Operating activities,

3. A. Operating activities,

4. C. Financing activities.

5. B. Investing activities,

6. C. Financing activities.

7. B. Investing activities,

8. B. Investing activities,

9. B. Investing activities,

10. C. Financing activities

Explanation:

All cash flows forthe operation of the company relates to the Cash flows from operating activites.

All the cashflows corresponding to the fixed asset are reffered as Cash flows from investing activites.

All the cash flows made for the funding of the company are known as Cash flows from Financing activites

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Answer:

Decrease <u>Cash </u>and Increase <u>Expense</u>

Explanation:

Jackson Programming paid $500 as rent for the month of June.

The accounting equation is is the basis of the double entry accounting principle system. It is an equation that stipulates that the balance sheet must remain balanced meaning every entry on the debit should be followed with a corresponding credit. It also means for every decrease there should be a corresponding increase.

In Jackson Programming;

A decrease is recorded in CASH because cash was paid, while an increase is recorded in EXPENSE because there is a corresponding increase in rent expenses.

5 0
3 years ago
We are thinking of buying a new delivery van. It will cost 40000. We will use three years MACRS for depreciation. We think that
Mkey [24]

Answer:

It will be a net gain for 6,325.2 after taxes

Explanation:

Bases on the MACRS at the end of the third year. we will have a book value of 7.41% Remember that under MACRS we have a half year convention so we depreciate for half a year on the assets first year. given a total year of useful life + 1

40,000 x 7.41% =  2.964‬

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we will pay taxes for the difference:

12,000 - 2,964 = 9.036‬

9036 x (1 - 30%) = 6.325,2

8 0
3 years ago
A decrease in the price level a. increases the quantity of goods and services supplied in the short run. b. decreases the quanti
Alenkasestr [34]

Answer:

c. increases the quantity of goods and services demanded.

Explanation:

According to the law of demand, there is an indirect relationship between demand and the prices for good or service. Should the price of a good or service increase, its demand will decrease. Demand comprises of the willingness and ability to buy.

A decrease in the price level will make the product affordable by more buyers. The market will afford to buy more of that product. The law of demand works together with the law of supply. The intersection of demand and supply curves determines the price of a product.  

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4 years ago
g Declaring bankruptcy by the bond issuing firm ______ . a. has no impact on value of its bonds b. increases the value of its bo
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Answer:

c. decreases the value of its bonds

Explanation:

There is a significant decrease in the value of the bond if the firm declares bankruptcy.

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3 years ago
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alexdok [17]
The answer to the statement above would be TRUE. Yes, it is correct that approximately, 300 billion dollars are donated to charities each year, but this only covers those charities that are registered. There are about 40,000 charities in the United States alone. The answer for this is D.
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