The change in Accounts Receivable will be shown on the statement of cash flows as:
C. Subtraction from net income under the operating activities section.
Net income is calculated by deducting from total revenue the cost of sales, operational expenses, depreciation, interest, amortization, and taxes.
Change in Accounts Receivable:-
Accounts Receivable
In 2019 $ 48,000
In 2018 $ 45,000
Increase in Current Assets $ 3,000
This implies Cash outflow from Operating Activities.
Thus it should be subtracted from Net Income under the Operating Activities section.
Net income is a company's profit for a given period, whereas cash flow from operating activities measures the cash that comes in and goes out during a company's day-to-day operations. Net income is used to calculate cash flow from operating activities. However, both are important in determining a company's financial health.
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Answer:
$25
Explanation:
Premise 1: the $1,500 withheld by the employer qualifies as a prepayment because it will be remitted to the government
Premise 2: Since Tiffany is not married, she is allowed the $2000 child tax credit for her qualifying child.
Therefore
1. Income Tax Liability for Tiffany $3,525
2. Any other Tax 0
3. Child tax credits ($2,000)
4. Withheld By Employer in tax prepayment ($1,500)
Tiffany's tax due with returns $25
It is true that the shared value creation framework aims to reconcile the concept of gaining and sustaining a competitive advantage with corporate social responsibility.
<h3>What is corporate governance?</h3>
This refers to a formal system of oversight, accountability, and control for organizational decisions and resources.
It is the set of processes and tools which controls the operations of an organization.
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Two main modifications be made to guard the public, avoid bank bailouts, and expand banking protection and soundness.
<h3>What is the change in required reserves?</h3>
Increasing the (reserve requirement) ratios reduces the extent of deposits that can be supported with the aid of a given level of reserves and, in the absence of different actions, reduces the money stock and raises the price of credit.
<h3>What are the three dreams of the Federal Reserve?</h3>
It is the Federal Reserve's actions, as a central bank, to acquire three dreams distinct by using Congress: maximum employment, secure prices, and average long-term hobby rates in the United States.
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