1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Leona [35]
3 years ago
5

For each of the following items, indicate by using the appropriate code letter, how the item should be reported in the statement

of cash flows, using the indirect method.
A. Added to net income
B. Deducted from net income
C. Cash outflow—investing activity
D. Cash inflow—investing activity
E. Cash outflow—financing activity
F. Cash inflow—financing activity
G. Significant noncash investing and financing activity
____ 1. Decrease in accounts payable during a period
____ 2. Declaration and payment of a cash dividend.
____ 3. Loss on sale of land.
____ 4. Decrease in accounts receivable during a period.
____ 5. Redemption of bonds for cash.
____ 6. Proceeds from sale of equipment at book value.
____ 7. Issuance of common stock for cash.
____ 8. Purchase of a building for cash.
____ 9. Acquisition of land in exchange for common stock.
____ 10. Increase in merchandise inventory during a period
Business
1 answer:
Y_Kistochka [10]3 years ago
8 0

Answer:

1. Decrease in accounts payable during a period - Deducted from net income  (B)

2. Declaration and payment of a cash dividend - Cash outflow (financing activity ) (E)

3. Loss on disposal of land - Added to net income (A)

4. Decrease in accounts receivable during a period -  Added to net income (A)

5. Redemption of bonds for cash - Cash outflow (financing activity)  (E)

6. Proceeds from sale of equipment at book value - Cash inflow (investing activity ) (D)

7. Issuance of common stock for cash - Cash inflow (financing activity)  (F)

8. Purchase of a building for cash - Cash outflow(investing activity ) (C)

9. Acquisition of land in exchange for common stock - Significant non-cash (investing and financing activity ) (G)

10. Increase in inventory during a period - Deducted from net income (B)

You might be interested in
A _____ is an integrated collection of data that can include seemingly unrelated information, no matter where it is stored in th
Deffense [45]

A ​data warehouse is an integrated collection of data that can include seemingly unrelated information, no matter where it is stored in the company.

An enterprise data warehouse (EDW), sometimes referred to as a data warehouse (DW or DWH) in computing, is a system used for reporting and data analysis and is regarded as a key element of business intelligence.

data warehouse DWs serve as a central repository for combined data from a variety of sources.

They keep both recent and old data in a single location that is utilized to provide analytical reports for employees across the whole company.

The operational systems upload the data that is kept in the warehouse (such as marketing or sales).

Before being used in the data warehouse for reporting, the data may go via operational data storage and require data cleansing for extra activities to ensure data quality.

Learn more about the data warehouse here:

brainly.com/question/14615286?

#SPJ4

8 0
2 years ago
Explain business activities and classification ?<br><br>​
nexus9112 [7]

Answer:

Business activities may broadly be classified into two categories namely (A) Industry and (B) Commerce. Industry involves production of goods and services whereas commerce is concerned with the distribution of goods and services.

Explanation:

hope helps

7 0
3 years ago
Read 2 more answers
Bear tracks, inc., has current assets of $2,180, net fixed assets of $9,400, current liabilities of $1,355, and long-term debt o
abruzzese [7]

(a) Total assets = Current assets + Fixed assets  

Total assets = 2180 +9400 = 11,580

Total liabilities = Current liabilities + long term debt

Total liabilities = 1355+3990 = 5,345

According t the accounting equation, Stockholders equity = Total assets - Total liabilities =  11,580-5,345 = 6,235

Stockholders equity = $6,235

(b) Working capital = Current assets - Current liabilities

Working Capital = 2180-1355

Working Capital = $825

3 0
3 years ago
How can i use any 5 anterprenurial qualities to make sure my business is a success?
Alekssandra [29.7K]
1. If you have an item which you want to sell, make sure that you sell it for something more that what you bought it.

2. The items you are selling, sell them for a good price. If you go too expensive, no body will buy. But if you go cheap and easy, everyone will come to you.

3. when you have successfully started getting people to constantly buy your products, make your prices go higher slowly slowly.

4. Always make sure, the products you are selling are in good quality and are not... ruined in any way.

That's all the ideas I have. Hope it helped.
5 0
3 years ago
Which standardized metric of output is used to gauge the size and market potential of an economy?
Nadusha1986 [10]

Answer:

The standardized metric of output used to gauge the size and market potential of an economy is the Gross Domestic Product.

Explanation:

The Gross Domestic Product is the value of goods and services that are

produced in a country in a certain time and it is consider an important indicator to analyze the state of a country's economy. The value of the goods and services produced is considered the size of the economy.

Also, as the GDP is an indicator of how the economy is doing, businesses tend to use it to predict if the sector will grow or not.

5 0
3 years ago
Other questions:
  • What is the difference between accounting profits and economic profits? which of the two concepts is more appropriate for explai
    12·1 answer
  • Which of these is NOT one of the five ethical principles the GAO's Yellow Book stresses?
    13·1 answer
  • Swiss Furniture Company manufactures bookshelves and uses an activityminusbased costing system. The following information is pro
    10·1 answer
  • ASsume the following information:
    5·1 answer
  • Base Industries lists inventory at $87,500 on the balance sheet. Included in this amount is the following: Goods that were purch
    6·2 answers
  • The ledgers are an example of an accounting book of original entry. (Points : 10)
    14·1 answer
  • If the absolute value of the price elasticity of demand for a good is .75, the demand for that good is described asa. normal.b.
    6·1 answer
  • Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses
    7·1 answer
  • On April 2, Rolex SA sold $40,000 of inventory items on credit with the terms 1/10, net 30. Payment on $24,000 of sales was rece
    13·1 answer
  • Which of these is a variable expense?
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!