Answer and Explanation:
The preparation of the operating activities section is presented below:
Cash flows from operating activities
Net income $374,000
Adjustments made
Add: Depreciation $44,000
add: Amortisation expanses $7,200
Add: Accounts receivable decrease $17,100
Add: Inventory decrease $42,000
Less: Prepaid expense increase -$4,700
Less: Accounts payable decrease -$8,200
Add: Wages payable increases $1,200
Less: Gain on sale of machinery -$6,000
Net cash provided by operating activities $466,600
It’s the second one
(Send extra money each month)
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Answer:
e. identifiable
Explanation:
Something is identifiable when is easy to recognize, in the excercise given the publishing conglomerate Conde Nast aims to this identifiable segments in order to reach certain customers.
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Answer:
Depreciation - Income statement
Cost of goods sold - Income statement
Fixed assets - Balance Sheet
Inventory - Balance Sheet
Accumulated depreciation - Balance Sheet
Retained earnings - Balance Sheet
Taxes - Income statement
Sales - Income statement
Cash - Balance Sheet
Accounts payable - Balance Sheet
Explanation:
Depreciation - Income statement
Cost of goods sold - Income statement
Fixed assets - Balance Sheet
Inventory - Balance Sheet
Accumulated depreciation - Balance Sheet
Retained earnings - Balance Sheet
Taxes - Income statement
Sales - Income statement
Cash - Balance Sheet
Accounts payable - Balance Sheet