Answer:
Panda Cafe's cash provided by operating activities is 82.000
Explanation:
The indirect method involves the adjustment of net income with changes in balance sheet accounts to arrive at the amount of cash generated by operating activities.
It depends on the account if it is added or subtracted to net income. In this case , all of them are added to the net income.
Net income 69.000
Adjustment to reconcile the net income to cash
+ Depreciation expense 3.000
+ Increase in current liabilities 8.000
+ Current assets decreased 2.000
Net cash 82.000
Answer:
opopportunity cost is the value of the next best alternative or option. this value may not be measure on money
value can also be satisfaction. one formula to calculate opportunity cost could be the ratio of what you are sacrificing to what you are going
A tax levied on inherited money is known as a/an _______ tax.
Answer:
record a decrease in inventory and an increase in cost of goods sold for the cost of the merchandise sold.
Explanation:
The perpetual inventory system maintains records of inventory movement and changes at the time of an inventory transaction, purchase, sale, or return using the inventory and cost of goods sold accounts instead of purchases account used under the periodic inventory system. An inventory purchase increases the value of inventory while a sale reduces it, and adjustments are made for returns. When goods are purchased or returned by customers, the inventory account is debited. When goods are returned to suppliers or sold, the account is credited.
