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inn [45]
3 years ago
9

Rick Corporation's Accounts Receivable decreased by $25,000 during the year. What is the adjustment to the cash flow statement w

hen it's prepared by the indirect method?
a Subtract the decrease from the net income in operating activities.

b Add the decrease to the net income in operating activities.

c Add the decrease in the investing activities section.

d Subtract the decrease in the financing activities.
Mathematics
1 answer:
ss7ja [257]3 years ago
8 0
The answer is Letter B - add the decrease to the net income in operating activities.

When there's a decrease of the accounts receivable account, that means that the company has a cash inflow. The company collected the receivables in that year, but the sales were not yet reported in the net income so this decrease should be added to reflect the correct net income amount.

Note: accounts receivable is a current asset - any increase in the current asset is a reduction in cash flow while any decrease in the current asset is an addition to the cash flow.
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svetoff [14.1K]

Answer:

Option C) +0.2

Step-by-step explanation:

We are given the following information in the question:

Correlation:

  • Correlation is a technique that help us to find or define a relationship between two variables.
  • It is a measure of linear relationship between two quantities.
  • A positive correlation means that an increase in one quantity leads to an increase in another quantity
  • A negative correlation means with increase in one quantity the other quantity decreases.
  • +1 tells about a a perfect positive linear relationship and −1 indicates a perfect negative linear relationship.
  • Values between 0 and 0.3 tells about a weak positive linear relationship, values between 0.3 and 0.7 shows a moderate positive correlation and a correlation of 0.7 and 1.0 states a strong positive linear relationship.
  • Values between 0 and -0.3 tells about a weak negative linear relationship, values between -0.3 and -0.7 shows a moderate negative correlation and a correlation value of of -0.7 and -1.0 states a strong negative linear relationship.

Thus, a weak positive correlation is given by correlation coefficient of Option C) +0.2

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3 years ago
Using powers of 10, which would be the best choice for the first number to subtract in the division problem 956 ÷ 87?
dlinn [17]

Answer:

870 as it is the only number in the list which closest and lesser then 956.

(if you divide, then you get 10 as quotient and 86 as remainder)

we can also take 87 but the question mentions with multiples of 10.

Step-by-step explanation:

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2 years ago
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AURORKA [14]
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uysha [10]

Answer:

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Step-by-step explanation:

From the graph the ball reaches 28 feet after 0.574 seconds

and doesn't fall below that until 2.614 seconds

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Step-by-step explanation:

I calculated it logically

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