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natali 33 [55]
3 years ago
12

When using the indirect method to prepare the operating section of a statement of cash flows, which of the following is deducted

from net income to compute cash provided by/used by operating activities?
Business
1 answer:
Gelneren [198K]3 years ago
5 0

Answer:

Explanation: Under the indirect method of cash flow statement, we have the Operating section, which has the following deductions to get the value of cash used by operating activities.

The include:

1. Increase in Accounts receivable

2. Increase in Interest receivable

3. Increase in Inventory

4. Increase in prepaid expenses

5. Gain on sale of Investment

6. Decrease in accrued liabilities

7. Decrease in accounts payable

All the above listed points are deducted from the net cash flow under the operating section to arrive at the cash provided by.

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Molodets [167]
Hey there!

Which of the following is (NOT) a type of savings account?

<span> Passbook account: Yes, This would totally be a real type of savings account.
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Your correct answer would be: </span><span>C: club account.

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3 years ago
In the BCG Matrix, cash cows are: _____________
AlekseyPX

The Cash cows under the BCG Matrix are businesses, assets, and or products that have a consistent cash flow, high market share and low market growth.

<h3>What is the BCG Matrix?</h3>

The BCG Matrix is a strategic analysis tool that was developed by Boston Consulting Group which highlights and compares various kinds of business and or products.

Other sections of the matrix are:

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The correct answer, thus, is A: Slow Industry Growth but Strong Market Share Position, which as explained can be due to high cashflows.

See the link below for more about BCG Matrix:
brainly.com/question/24515909

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What are credit cards? Why do people use them
MArishka [77]

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Answer:

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