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3 years ago

Which of the following cash flows should be included in the investing Section of the statement of cash

Business

1 answer:

Ber [7]3 years ago

6 0

Answer:

Cash flow items to be included in the investing section of the statement of cash flows under US GAAP

1. Cash received in sale of Equipment

2. Purchase of a piece of land

3. Sale proceeds from debt investments

Explanation:

Cash flow from investing activities is a section of the cash flow statement that shows the cash generated or spent relating to investment activities. Investing activities include purchases of physical assets, investments in securities, or the sale of securities or assets.

Some examples of investment activity from the company’s perspective would include:

Cash outflow from the purchase of an asset (land, building, equipment, etc.).

Cash inflow from the sale of an asset.

Cash outflow from the acquisition of another company.

Cash inflow resulting from a merger.

Cash inflow resulting dividends paid on stock owned in another company.

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if i am trying to collect on a debt, can i post requests on social media for information on how to contact the debtor?

Makovka662 [10]

Answer:

i guess you can but don't post any valid information which might expose credit cards or so forth

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2 years ago

Thomas Book Sales, Inc., supplies textbooks to college and university bookstores. The books are shipped with a proviso that they

nata0808 [166]

Answer:

The following summarizes the solution to the given problem.

Explanation:

The given values are:

Sales,

= $660,000

Expenses,

= $255,453

Received cash revenues,

= $605,934

(a)

According to the accrual, profits would be acknowledged and therefore not necessarily received on the occasion of purchase.

⇒ $Net \ income=Sales-Expense$

On substituting the given values, we get

⇒ $=660,000-255,453$

⇒ $=404,547$ ($)

(b)

⇒ $Net \ Income =Received \ cash \ revenues-Expenses$

On substituting the given values, we get

⇒ $=605,934-255,453$

⇒ $=350,481$ ($)

(c)

The reliable financial foundation again for a financial consultant is more helpful because it demonstrates or represents the organization's appropriate financial status.
It accepts the profits throughout a similar time frame.

5 0

3 years ago

The 2016 financial statements of Leggett & Platt, Inc. include the following information in a footnote. What are the company

nalin [4]

Answer:

$493.8

Explanation:

Since the 2016 financial statements of Leggett & Platt, Inc. includes the following information in a footnote. (in millions) 2016 2015 Allowance for doubtful accounts $ 7.2 $ 9.3 Total accounts and other receivables, net $486.6 $520.2

Therefore the company’s current gross accounts and other receivables at the end of 2016 is

Net Total accounts and other receivables, net $486.6

Allowance for doubtful accounts .............................$ 7.2

Gross accounts and other receivables................$493.8

The gross accounts and other receivables will be the amounts before making any allowances for doubtful accounts

3 0

3 years ago

When a company performs an activity quite well and that activity is central to its strategy and competitiveness?

Verdich [7]

A core competence is an activity that a company performs quite well and that is also central to its strategy and competitiveness. A core competence is a more important resource strength than a competence because it adds power to a company's strategy and has a bigger positive impact on its competitive strength and profitability

5 0

3 years ago

The balance sheet of Computer World reports total assets of $350,000 and $450,000 at the beginning and end of the year, respecti

NikAS [45]

Answer:

37.5%

Explanation:

In this question, we are asked to calculate the Value of the cash return on asset

We use a mathematical representation to do this. Let’s get the formula.

Mathematically:

Cash return on assets = operating cash flows/average total assets

According to the question, the operating cash flow has a value of $150,000. The average total assists have a value of (350,000+450,000)/2 = 800,000/2 = $400,000

We input these values into the formula:

Cash return on assets = 150,000/400,000 = 37.5%

5 0

3 years ago