Answer:
All of these.
Explanation:
All of these are the correct answer because to determine the net cash from the operating activities, there is a requirement of the current year's income statement, additional information such as depreciation and amortization and a comparative balance sheet. In order to get cash from operating activities, the changes and non-cash capital, other non-cash adjustments, depreciation is added to the net income.
Answer:
$2,600 in the Accounts Receivable Dr./Sales Cr. column and $1,700 in the Cost of Goods Sold Dr./Inventory Cr. column.
Explanation:
If we assume that Maxie's Game World uses a perpetual inventory system, the appropriate journal entries should be:
Date XXX, merchandise sold on credit to client YYY, terms 1/10, n/30
Dr Accounts receivable 2,600
Cr Sales revenue 2,600
Dr Cost of goods sold 1,700
Cr Merchandise inventory 1,700
Answer:
Explanation:
1. c. Return on total assets checked
d. Total asset turnover checked
2) b. Debt ratio
3) d. Working capital
4) c. Accounts receivable turnover checked
Answer:
It will initiate a trade war between countries.
Explanation:
When international rivals compete in the multi-country or global market, they usually show aggressive behaviour that initiates trade war between them and the countries. In order to compete in the market and to compete against each other, the rivals show aggressive behaviour in terms of profit and cost margins that helps the buyers to buy commodities of good quality and at low prices.
