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monitta
3 years ago
14

Georgia Corp. uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative

balance​ sheet: Georgia Corp Comparative Balance Sheet December​ 31, 2019 and 2018 2019 2018 ​Increase/(Decrease) Cash ​$45,000 ​$27,000 ​$18,000 Accounts Receivable ​48,000 ​45,000 ​3,000 Merchandise Inventory ​180,000 ​132,000 ​48,000 Total Assets ​$273,000 ​$204,000 ​$69,000 How will the change in Accounts Receivable be shown on the statement of cash​ flows?
Business
1 answer:
Alexxandr [17]3 years ago
6 0

Answer:

($3,000)

An outflow

Explanation:

The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.

The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.  

In cash flow statements, an increase in assets(other than cash) is treated as a cash outflow while a decrease is considered as an inflow of cash.

Hence if accounts receivables balance increases from $45,000 i 2018 to $48,000 in 2019, the change of $3,000 will be shown as an outflow.

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3. distinguish between beta (i.e., market) risk, within-firm (i.e., corporate) risk, and stand-alone risk for a potential projec
Gnesinka [82]

Market risk concerns with the changes occur in the financial market; corporate risk is associated with the organization itself; and standalone risk reflect the problem happen within a single department of an organization.

Here, all the three risks in regard to a portential project are breifly described:

  • Market risk reflects the effect of loss in the project due to the overall performance of the financial market. Market risk arises from fluctuations in interest rates, exchange rates, stock prices, and commodity prices.
  • Corporate risk refers to a risk to the project that is associated with an organization’s internal or external factors that may impact profitability negatively.  
  • Standalone risk is a risk that is concerned with a single operating unit, or asset of an organization that may damage the project.

Of the three risks, the market risk is the most relevant because in regard to the project the market risk measures all the factors which have impact on the performance of financial markets.

You can learn more about risks at

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4 0
1 year ago
All of the following are true of the Human Development Index except:
irakobra [83]

Answer:

C. Ecology and the environment are strongly considered in the HDI calculations.

Explanation:

Human Development Index can be defined as a statistical tool used for summarily measuring human achievements, life expetancy, etc

All of the following are true of the Human Development Index (HDI);

I. The United States loses points on the HDI because it's education level and literacy rate are lower than countries like Norway and Canada.

II. Most countries that score very high on the scale are located in North America and Europe.

III. The HDI measures factors such as life expectancy, literacy, education level, and standard of living.

IV. Many low HDI countries are located in sub-Saharan Africa.

5 0
3 years ago
Multiple Choice Question 146 Marigold Corp. assembled the following information in completing its March bank reconciliation: Bal
pishuonlain [190]

Answer:

reduce its cash account by $1875.

reduce its cash account by $410.

Explanation:

As for the information provided,

When we tally the cash balance with that of bank balance,

Outstanding checks which were already deducted in cash book will be added as yet outstanding and payment not made.

= + 3,025

Deposits in transit were already added in cash book, although yet not added to bank balance, thus deducted

= - 4,900

= +3,025 - 4,900 = - $1875

This means cash will be reduced by $1,875

Further NSF check is already added in cash but not yet added in bank = - $310

Further bank has deducted charges but in cash book not recorded thus it will be deducted now = - $100

= -$310 - $100 = - $410

7 0
3 years ago
Personal interests are defined as things a person does not like.<br> True or false
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3 years ago
"suppose you inherited $870,000 and invested it at 8.25% per year. how much could you withdraw at the beginning of each of the n
Juliette [100K]

I guess the correct answer is $83,386.89.

If you inherited $870,000 and invested it at 8.25% per year, the value you could withdraw at the beginning of each of the next 20 years is $83,386.89.

7 0
4 years ago
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