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Fantom [35]
3 years ago
7

Virginia Company uses the indirect method to prepare the statement of cash flows. Refer to the following

Business
1 answer:
nasty-shy [4]3 years ago
4 0

Answer:

D) as a deduction from Net Income

Explanation:

When the company decrease the value of the accounts payable it means that the company pays its debts in less time than previous year.

In effect the company sees its net income decrease because needs the money to compensate the lower value on the Accounts Payable as a consequence of beeing paid in less time.

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Describe the main differences for revenue spending between ""for profit"" companies and ""not for profit"" companies. Describe h
Ket [755]

Answer with Explanation:

The analysis includes the assessment of Non profit organization's efficiency both in fundraising and spending, economy of operations and the effectiveness of the operations. This can be explained with an example. For example if the non profit organization has an objective to increase the book reading habit because it believes that the people who read more are not violent personalities and in this way they can reduce the crime rate. So it has established number of libraries in different communities. Now we will look at at what cost it has acquired these libraries (Economy), how much people have visited these libraries (Efficiency) and whether the crime rate in the community has sufficiently fallen or not (Effectiveness). So this helps in understanding whether the objective was met or not.

However when we analyze the financial statement of profit making organizations then we use many profit and efficiency ratios to assess the performance of the organization. These ratios can also be helpful if the NGO is in business as well. But most of the NGOs rely on grants and these grants are subjective to their previous performance.

The NGOs are also required to publish reports according to the grant provider's enforced accounting principles, rules and guidelines. Just take the example of US-AID program that requires the Non profit organization to publish financial reports in specific format and enforces different Generally Acceptable Principles to be used in preparing these financial reports. So yes it is much more different in analyzing the financial statements of Non profit organization and profit making organization.

8 0
3 years ago
Suppose that Sweden can make a unit of furniture with 10 days of labor and a unit of steel with 15 days labor, while Germany can
kobusy [5.1K]

Answer:

All go to Sweden.

Explanation:

The two countries Germany and Sweden both can produce furniture and steel. Germany can produce one unit of steel or furniture in 12 days while Sweden can make one unit of steel in 15 days and one unit of furniture in 10 days. Germany has no advantage from the trade since it can produce both the goods in same time. Therefore all of the trade gain would belong to Sweden.

6 0
3 years ago
How can crazy girlfriend be more understanding
zavuch27 [327]
A crazy girlfriend can be more understanding by them not acting so crazy, jealous and mad.
8 0
3 years ago
Read 2 more answers
Can I Plss get some help on this thank you
krek1111 [17]

Answer:

the United state has a comparative advantage in producing coal

6 0
2 years ago
Youâre a project manager working on a software development project. You are working hand in hand with a systems analyst who is c
Luba_88 [7]

Answer:

The option is B. Project manager with input from systems analyst.

Explanation:

A project manager is an individual who has the overall responsibility for the successful initiation, planning, design, execution, monitoring, controlling and closure of a project.

The roles of a project manager include, but not limited to:

  • Planning and Defining Scope
  • Activity Planning and Sequencing
  • Resource Planning
  • Developing Schedules
  • Time Estimating
  • Cost Estimating
  • Developing a Budget
  • Documentation
  • Creating Charts and Schedules
  • Risk Analysis

However, Project Managers can not work alone, they will therefore work with experts and people who are skilled in their field. They will form a team that will report to the project manager, and work together to ensure the success of the project.

From the explanations above, we can conclude that the systems analyst will only provide input that will help the project manager in making decisions about the management of the project.

5 0
3 years ago
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