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ElenaW [278]
3 years ago
8

The income statement is reconstructed on a cash basis from top to bottom when the ________ method is used to prepare the operati

ng activities section of the statement of cash flows.
Business
1 answer:
Elodia [21]3 years ago
4 0

Answer:

Direct method

Explanation:

There are three types of activities in the cash flow statement under the direct method

1. Operating activities: It records those transactions which are related to the cash receipts and cash payments.

Like:

Cash flow from Operating activities  

Collections from customers

Less: Cash paid to suppliers and employees

Less: Interest and taxes paid

Net Cash flow from Operating activities

2. Investing activities: It records those activities which include purchase and sale of the long term assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

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Which of the following is a condition necessary to exclude an obligation from current liabilities? Entry field with incorrect an
lutik1710 [3]

Answer:

The answer is: Obligation that has a distant due date exceeding company's operating cycle.  

Explanation:

A current liability is a financial obligation due within one year (or one normal operation cycle).

So a financial obligation that has a due date that exceeds a company´s operating cycle should have been directly classified as a long term liability (or a non current liability) in the first place. It simply is not a current liability that is changed into a long term liability, it always was a long term liability.

The other options represent the steps necessary for turning a current liability into a long term liability.

  1. Intend to refinance the obligation on a long-term basis.
  2. Demonstrate the ability to complete the refinancing.
  3. Subsequently refinance the obligation on a long-term basis.

7 0
3 years ago
Joseph owns a small business in his hometown, he but would like to expand his
Alja [10]

Answer:

i guess its letter D.

D. Advertising because he can have commercials on all the local TV or radio stations to attract

new customers.

Explanation:

#HOPE IT HELPS

FOLLOW ME!

7 0
2 years ago
Who creates and influence the culture of an organization
Svetradugi [14.3K]

Answer: Business Leaders

Explanation:

Business leaders are vital to the creation and communication of their workplace culture. However, the relationship between leadership and culture is not one-sided. While leaders are the principal architects of culture, an established culture influences what kind of leadership is possible (Schein, 2010).

8 0
2 years ago
Grayson owns a local smoothie store. His business started small, but over the years, word of mouth has spread, bringing more peo
irina1246 [14]

Growth requires developing a formal structure to function efficiently.

<u>Explanation</u>:

Growing a business from lower level to higher level requires lot of efforts and talents. If the business is developed and moving to the next level, it is necessary for the entrepreneur to follow certain formal structure.

The formal structure helps the owner of the company to maintain his standard in specific hierarchy. This formality may keep the employees or workers organized. The work will be allotted clearly to each and every one and each of them will have their own responsibilities.

3 0
3 years ago
Consider the location game with nine possible regions at which vendors may locate. Suppose that, rather than the players moving
natulia [17]

Solution:

Given :

Location game with 9 possible \text{regions} and other than the players who are moving simultaneously and also independently, but they move in a sequential manner.

Vendor 1 selects a location.

After observing decision of vendor 1, vendor 2 chooses where to locate.

Using backward induction the game is solved as below :

--  \text{a retrogressive acceptance harmony of the division} will be a Nash equilibrium.

-- Presently \text{ if applicant 1} (vendor 1) picks first then he will likewise get the chance to pick last as this another move amusement.

-- In the end of the game, vendor 1 will have claimed five regions and candidate 2 (vendor 2) will have claimed four regions.

-- So vendor 2 will keep this in mind and apply backward induction and choose the best regions early on the game.

-- Vendor 2 will keep in mind that vendor 1 will choose last and will ensure that his choices take up the best locations first.

--- This will be his ideal technique for each activity of vendor 1.

Hence this is the Nash equilibrium.

6 0
3 years ago
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