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3 years ago

Georgia Corp. uses the indirect method to prepare the statement of cash flows. Refer to the following

Business

1 answer:

dedylja [7]3 years ago

7 0

Answer:

A) subtraction from net income under the operating activities section

Explanation:

Under the indirect method to determinate the cashflow from operating activities we reconcile the net income with the change in the net working capital.

The working capital is the current assets and current liabilities.

For this case, the account receivable account, increase to 48,000 from 45,000

This increase means, less sales were collected, so cash "outflow" as the cash from sale is not being converted into cash. It could also be understand as the company use 3,000 in financing their customers. This also is seeing as a decrease in cash flow.

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Katena32 [7]

Answer:

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Explanation:

Please see attachment

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3 years ago

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Gnoma [55]

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3 years ago

To prevent one individual from having too much control, employees can ____________ job responsibilities within their home depart

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4 years ago

Supler Corporation produces a part used in the manufacture of one of its products. The unit product cost is $22, computed as fol

geniusboy [140]

Answer:

$ 2 per unit on average

Explanation:

Calculation for what the financial advantage (disadvantage) of purchasing the parts from the outside supplier would be:

First step is to calculate the Relevant cost of making

Relevant cost of making = 9 + 7 + 1 + ( 5 * 80 % ) Relevant cost of making= $ 21

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Financial advantage of buying = ( 21 - 19 )

Financial advantage of buying= $ 2 per unit on average

Therefore the financial advantage (disadvantage) of purchasing the parts from the outside supplier would be:$ 2 per unit on average

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3 years ago

A concrete and rock crusher for demolition work has been purchased for $50,000, and it has an estimated SV of $10,000 at the

solong [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

A concrete and rock crusher for demolition work has been purchased for $50,000, and it has an estimated SV of $10,000 at the end of its five-year life.

Annual depreciation= [(original cost - salvage value)/useful life of production in units]*units produced

Book value= Original cost - accumulated depreciation

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3 years ago