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Phoenix [80]
3 years ago
11

What is the first step in creating a cash flow statement?

Business
2 answers:
Leya [2.2K]3 years ago
6 0
The first step is to calculate income. 
Arte-miy333 [17]3 years ago
3 0

Record your income.

Let me know how it goes!

You might be interested in
A company’s activities for Year 2 included the following: Gross sales $3,600,000 Cost of goods sold 1,200,000 Selling and admini
hichkok12 [17]

Answer: Option (B) is correct.

Explanation:

Net sales = Gross sales - Sale return

                = $3,600,000 - 34,000

                = $3,566,000

Gross profit = Net sales - COGS

                    = $3,566,000 - $1,200,000

                    = $2,366,000

Total Income = Gross profit  - S& A expense - Prior period expense + Gain on sale of securities + Gain on disposal of business segment

                      = $2,366,000  - $500,000 - $59,000 + $8,000 + $4,000

                      = $1,819,000

Net Income for Year 2 = Total Income - [email protected]%

                                      = $1,819,000 - $545,700

                                      = $1,273,300

3 0
3 years ago
The contract will be awarded to ____ meets our qualifications. whomever whoever
diamong [38]
Answer will be whoever
7 0
3 years ago
Which advantage do consumers gain from buying a vehicle rather than leasing it
andre [41]
They don't have to pay as much interest.
4 0
4 years ago
Read 2 more answers
Volten Inc. is an apparel store. It has separate sections for casual wear, office wear, and party wear. It offers a broad select
yarga [219]

Answer:

The answer is: D) product user

Explanation:

Product user segmentation refers to the marketing practice of dividing potential customers into segments based on the characteristics they might share, for example: shared behavior, workplace, leisure activities, hobbies, etc.

Usually the better you know your customers, the better you can divide them into segments, although one single customer may apply to all of them.

4 0
3 years ago
Grandpa owns a farm. in a signed writing, grandpa gave sue the irrevocable right to use a road on his farm so that sue could mor
Bas_tet [7]

The kind of interest in the land did grandpa give to sue is  Easement appurtenant.

<h3>What is interest?</h3>

"Interest in land" refers ownership right of any individual in their property. A right over a piece of real estate is referred to as an interest in land.

A registered proprietor tenement and dominating tenement estates are connected together in an easement appurtenant.This right of property entitles the possessor to use adjacent land.

This real estate goes with the land when you sell it. The land parcel that benefits from the easement is known as the dominant tenement, whereas the land parcel that supplies the easement is known as the servient tenement.

Learn more about Easement appurtenant, here:

brainly.com/question/14309969

#SPJ1

3 0
2 years ago
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