The operating activities generated $25,000 in net cash.
A company's liquidity position is represented by net cash. It is determined by subtracting the current liabilities from the cash balance shown on the financial accounts of the company at the end of a specific period, and analysts and investors use it to gauge the firm's financial and liquidity status.
It differs from net cash flow, which is determined as the cash the company produced during a specific time period after paying all of its operational, financial, and capital obligations, including shareholder dividends.
The company's cash plus marketable investments less its total debt is another way to calculate net cash (short-term borrowings plus long-term borrowings). The company will be able to honor its borrowings if they become immediately due if this figure is positive, which indicates that the company is in good financial condition. If this number is negative, on the other hand, it indicates that the business does not have enough cash on hand to pay off all of its borrowings right away.
Learn more about net cash here
brainly.com/question/12424296
#SPJ4
Answer:
Foreign employment is working for a company that is based in another country and you usually only work in one country. International employment is working in multiple countries and often your own home country is one of them
McKenna has just made: revocation.
<h3><u>
Explanation:</u></h3>
Revocation can be considered as a process of cancelling any decision or a promise officially. This is act that makes something that exists previously to be null or void. For instance someone has accepted to sell his property to someone and now he has the rights top revoke or cancel that declaration officially.
In the given example, McKenna offers to sell her hand painted European tiles to Lori. But the cancellation of this offer occurs before Lori accepted the offer. She says to Lori that she has changed her mind and not ready to sell those tiles. Hence the example is associated with revocation.
The purpose of accounting for depreciation is to allocate the cost of a tangible or physical asset over its useful life.
<h3>What is depreciation?</h3>
It should be noted that depreciation simply means the wear and tear of a product based in usage. <em>Depreciation</em> shows how much of an asset has been used.
The scope of generally accepted accounting principles aims to improve the clarity and consistency if the communication of financial information. The five principles include:
Revenue recognition.
Cost principle.
Matching principle.
Objectivity principle.
Full disclosure.
The president’s proposal is within the scope of generally accepted accounting principles. It should be noted that depreciation doesn't guarantee funds.
Learn more about depreciation on:
brainly.com/question/1203926
#SPJ1
The portion of corporate profit which is included in personal income is DIVIDEND.
Dividend refers to the sum of money that is usually paid on a regular basis by a company to its shareholder. Dividend represents the part of the profit which a company make in a particular year.
Dividend is considered as a personal income to the individual who receives it.