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3 years ago

Illinois Woodworking Company is preparing its statement of cash flows using the indirect

Business

2 answers:

loris [4]3 years ago

5 0

Answer:

A) The cash receipt of $6490 is shown as a positive cash flow in the investing activities section.

Explanation:

The neet book value of the equipment sold, is a non-cash item, so all the money reveiced from the sale is reflecting on as a positive cash flow in the financing activities section.

kirill [66]3 years ago

4 0

Answer:

A) The cash receipt of $6490 is shown as a positive cash flow in the investing activities section.

Explanation:

The Statement of Cash Flow represents cash receipts and their sources.

A typical CashFlow statement is divided into 3 segments:

Operating Activities
Investing Activities
Financing Activities

Sale & Purchase of Fixed Assets are considered as Investing Activities. Therefore the total cash receipts from such is shown as a positive entry in the statement.

However under the Operating activity, the profit on disposal is adjusted from the Operating Profit when adjusting for items not involving flow of cash. This is if the Cashflow statement is prepared using the indirect method.

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Personal values and work values cannot be related true or false

morpeh [17]

Answer:

false, these two can be related

Explanation:

false

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3 years ago

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On july 25, henry company's accountant prepared a check for august's rent payment. henry company mails the checkon july 27 to th

erastovalidia [21]

<span>Henry Company should record the rent expense on August 2. Although the check was prepared on July 25 and mailed on July 27, it should not be recorded until the check is actually cashed.</span>

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3 years ago

Name the agency that is responsible for tracking changes in the composition of the u.s. labor force and forecasting employment t

nika2105 [10]

<span>The bureau of labor statistics, the principal fact-finding agency for the U.S. government, is the agency responsible for tracking changes in the composition of the U.S. labor force and forecasting employment trends. Collecting, analyzing, processing, and disseminating data to citizens, businesses and government agencies.</span>

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3 years ago

The purpose of this category of interview questions is to explore the applicant’s past performance and behaviors.

blondinia [14]

Answer:

the correct answer is a. General information questions

Explanation:

many areas of a candidate are evaluated during an interview for a specific job or a position. among these tested areas are health, IQ, creativity, team working capacity, individual decision making ability, aptitude and the past performance and achievements.

general information question are inclined to obtain the past performance and actions of an employee. this allows the business to evaluate the individual and how he or she will react during the course of work in their job in the future.

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3 years ago

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Suppose the data have a bell-shaped distribution with a mean of 25 and a standard deviation of 5. Use the empirical rule to dete

Zielflug [23.3K]

Answer:

a) 15 to 35 approximately 95%

(b) 10 to 40 approximately almost all

Explanation:

The data have a bell-shaped distribution which means the data is equally distributed on both sides of the mean.

We have the mean at 25 and a standard deviation of 5 which means that the interval is for each of the values of 5 .

The mean would be u and

The first value would be u ±σ = 25 ± 5= 20 and 30 (68 % )

The second value will be u ± 2σ= 25± 10 = 15 and 35 (95%)

The third value will be u ± 3σ= 25 ± 15 = 10 and 40 (99.7 % almost all)

In the figure below the light blue region gives u ±σ on both sides of the mean

, dark blue gives u ± 2σ values on both sides of the mean and grey gives

u ± 3 σ values on both sides of the mean.

It is obvious that 68 % of the data is contained in the u ±σ light blue region, 95 % of the data in the u ± 2σ dark blue including light blue and 99.7 % in the u ± 3σ all colored regions.

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3 years ago