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
alexandr402 [8]
3 years ago
7

Two methods can be used to construct a statement of cash flows: the direct method and the indirect method. Under the indirect me

thod, data from three financial statements are used. These statements include __________.A. two balance sheets, one statement of cash flows or one balance sheet
B. two statement of cash flow, one income statement or two income statements
Business
1 answer:
Morgarella [4.7K]3 years ago
5 0

Answer:

A. two balance sheets and B. income statement

Explanation:

There are three types of activities in the cash flow statement which are described below:  

1. Operating activities: It includes those transactions which affect the working capital after net income. The increase in current assets and a decrease in current liabilities would be deducted whereas the decrease in current assets and an increase in current liabilities would be added.  

These changes in working capital would be adjusted. Moreover, the depreciation expense is added to the net income and the loss on sale of assets is added whereas the gain on sale of assets is deducted  

2. Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption and dividend is an outflow of cash.

You might be interested in
Prashant is shopping for a new pair of athletic shoes. Since he is concerned about both the price and the quality aspects of a p
DochEvi [55]

Answer:

B. Value-conscious.

Explanation:

In the scenario above Preshant can easily be tagged a value-conscious consumer particularly because of her keen interest and concern for price and goods quality.

It is also noted that their have always been segments of the population to whom value has mattered. This is especially the low-income families have long since used tactics such as coupon clipping to get the most out of their spend. However, as the economy recovered and strengthened, this prediction did not materialize.

8 0
3 years ago
A resident being interviewed live by a television reporter stated that, "the biggest problem in this city is corruption in city
nataly862011 [7]

<span>The defendant seeks to offer into evidence the fact that the mayor was convicted two years ago of taking a bribe to award a city contract for solid waste disposal. Yes, this is a documentary evidence and is admissible because the mayor is already proven convicted of corruption.</span>

6 0
3 years ago
In a competitive market, every consumer willing to pay the market price can buy a product and every producer willing to sell the
Gennadij [26K]

Answer:

The correct answer is True.

Explanation:

A competitive market is one in which there are many buyers and many sellers, so each one has an insignificant influence on the market price. Each seller controls the price to a limited extent, as others offer similar products. You have few reasons to charge a lower price than the current one, and if you charge more, buyers will go to others. Also, no buyer can influence its price, since each one only buys a small amount.

5 0
3 years ago
complete the statement with the correct words the blank was established in 2010 as a result of the dud Frank Act​
s344n2d4d5 [400]

Answer: Consumer Financial Protection Bureau

Explanation:

The <em>Consumer Financial Protection Bureau (CFPB)</em> was established in 2010 as a result of the <em>Dodd-Frank Wall Street Reform and Consumer Protection Act </em>which was passed by congress in a bid to make changes to the nation's financial systems and correct factors that may contribute to another crises like the Great Recession of 2008.

The CFPB's role is to protect the interest of customers in the financial services sector and as a result all financial services providers in the United States fall under its jurisdiction including banks, securities firms and credit unions.

7 0
3 years ago
You are the CEO of a national apparel retail chain and want to add three new stores. Which of the following tools will best help
solmaris [256]

Answer:

A-Intelligent agent

Explanation:

Intelligent agent is a term in artificial intelligence that refers to an autonomous entity that acts with the aim of achieving a goal.

It uses observation by sensors and consequent actuators. Previous knowledge is also used to learn so that goal achievement is possible. They can perceive customer needs and perform some personalised customer service functions.

As a CEO you can use intelligent tool to analyse potential profitability of different locations.

8 0
3 years ago
Other questions:
  • ________ engineering has resulted in the simultaneous performance of product and process design activities.
    7·1 answer
  • Gerald rowe spends a weekend helping his neighbor john fritz build a new garage. two weeks later, after the garage is complete,
    12·1 answer
  • When a corporation wants to raise funds by issuing new stocks or bonds, it generally uses the services of _____.
    5·1 answer
  • Banks use your deposits to make loans to other individuals. true or false
    6·1 answer
  • How do you write a check?
    5·1 answer
  • A policymaker who assumes that the effect that a policy has on one person will be the same effect that the policy will have on a
    6·1 answer
  • Susan has been sued in federal court by her former employer, Terry, who is a lawyer. Susan hires an attorney who reviews the com
    6·1 answer
  • From the list below, which items are classified as a materials activity:
    6·1 answer
  • Please help me with this question
    7·1 answer
  • Vulcan Companyâs contribution format income statement for June is as follows:
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!