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kvasek [131]
3 years ago
11

The direct method of preparing the operating activities section of the statement of cash flows reports major classes of cash rec

eipts and cash payments related to the day-to-day operations of the business.True / False.
Business
1 answer:
Over [174]3 years ago
7 0

Answer:

True

Explanation:

Direct method of preparing operating activities of statement of cash flows seek to present all inflows and outflows from the main activities of the Company e.g. receipts from customers, payment to labors, payment for materials and other direct impacts of cash.

Indirect method of cash flows starts from net profit, adjusting non cash items like depreciation and than working capital changes are incorporated.

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Why is efficiency an important economic goal?
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Explanation:

Efficiency reduces hunger and malnutrition because goods are transported farther and quicker. Also, advances in efficiency allow greater productivity in a shorter amount of time. Efficiency is an important attribute because all inputs are scarce.

3 0
3 years ago
Theo bạn những xu hướng kinh doanh nhà hàng thịnh hành và phù hợp hiện nay là những xu hướng nào? Giải thích sự lựa chọn của bạn
DochEvi [55]

Answer:

plz write in English

Explanation:

plz write in English

6 0
2 years ago
. Payday loans are very short-term loans that charge very high interest rates. You can borrow $200 today and repay $225 in two w
Natasha_Volkova [10]

Answer:

2239%

Explanation:

The compound annual can be determined by converting this 12.5% in two weeks to an effective annual rate  as below:

Effective annual rate=(1+12.5%/2)^52-1

By dividing by 2 we are reducing 12.5% to a weekly rate

By raising to the power of 52, we are expressing the weekly rate in annual terms.

Effective annual rate=(1+12.5%/2)^52-1=(1.0625 )^52-1

Effective annual rate=23.39401767 -1=2239%

4 0
3 years ago
You examine the balance sheet of an insurance company and note that its assets are made up mainly of U.S. Treasury bills and com
Crazy boy [7]

Answer:

It is more likely to be the balance sheet of a property and casualty insurance company.

Explanation:

7 0
4 years ago
Companies can implement global marketing by developing a product and promotional strategy that:
Darina [25.2K]
Companies can implement global marketing by developing a product and promotional strategy that can be implemented worldwide. Global marketing involves the process of devising and conveying a product worldwide with the principal aim of reaching the international marketing community. 
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3 years ago
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