The name which is given to the process where cash from operating activities is presented <em>using the indirect method</em> and the net income must be balanced is:
- <u>Indirect Cash Flow Method</u>
According to the given question, we are asked to state the name which is given to the process where cash from operating activities is presented <em>using the indirect method</em> and the net income must be balanced.
As a result of this, we can see that this is called Indirect Cash Flow Method because here, the cash flow can be deduced by <em>checking and making some calculations</em> on the net income from the <em>transactions </em>which were not done in cash.
Therefore, the correct answer is Indirect Cash Flow Method
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Answer:
6 years
Explanation:
The rule of 72 would be used to determine the number of years it would take GDP per capita to double
Rule of 72 = 72 / GDP per capita growth rate
72 / 12 = 6 years
I hope my answer helps you
Answer:
$6,500
Explanation:
Allowance for doubtful accounts is a reduction in the total amount of accounts receivable given in the company´s balance sheet. Such an allowance is actually and estimate from the management of the accounts receivables that it doesn´t expect to receive.
Ecuation:
Adjustment = - Beginning balance + Write offs + Ending balance
Adjustment = ($2,700) + $4,800 + $4,400
Adjustment = $6,500
The estimation of the write off from the previous year must be discounted, the added the write off registered during the year plus the estimate at the end of the period.
A trading partner agreement is an agreement drawn up by two parties that have agreed to trade certain items or information. The agreement outlines the terms of the trade or trading process, including responsibilities, who's involved, how goods or information will be delivered and received, and duties or fees.Aug 22, 2019
The correct answer is a radio frequency identification. This
is known as a way of automatically identifying or tracking tags attached to an
object with the use of electromagnetic field and that the tags are likely to
contain electronically stored information.