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Readme [11.4K]
3 years ago
7

What are the three sections of the Statement of Cash Flows and what is the difference between and value of the information conta

ined in each of these sections?
Business
1 answer:
Reika [66]3 years ago
4 0

Answer:

Operating activities

Investing activities

Financing activities

Explanation:

The Statement of Cash Flow is divided into three sections: operating activities, investing activities and financing activities.

  • Operating Activities: cash flows from operating activities details flows arising from the normal and regular business operating of the company. It includes items such as cash-based revenue, cash-based expenses, changes in working capital, etc.
  • Investing Activities: cash flow from investing activities details flows spent on investment assets or earned from sale of investment assets. It includes cash spent on acquiring new plant and machinery, as well as cash realized from the sale of existing assets.
  • Financing Activities: cash flows from financing activities details cash realized from capital providers as well as returns to them. It includes flows from new equity and debt issuance, dividends and interests paid to capital providers, etc.
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Herman Miller values employee characteristics such as integrity and trust, which considers such qualities to be important ______
melamori03 [73]

Answer:

c.  interpersonal skills

Explanation:

Interpersonal skills are the skills we use every day when we communicate and interact with other people, both individually and in groups. They include a wide range of skills, but particularly communication skills such as listening and effective speaking, active listening, team work, Motivation, Flexibility and dependability

6 0
2 years ago
On December 1, Macy Company sold merchandise with a selling price of $9,000 on account to Mrs. Jorgensen, with terms 4/10, n/30.
Marysya12 [62]

Answer:

B) Debit Sales Revenue for $7,968, debit Sales Discounts for $332, and credit Accounts Receivable for $8,300.

Explanation:

The journal entry is shown below:

Cash A/c Dr                   $7,968

Sales Discount A/c Dr $332

     To  Accounts receivable    $8,300

(Being cash received recorded)

The computation of the account receivable  

= Credit sales - returned goods

= $9,000 - $700

= $8,300

And, the discount would be

= Accounts receivable × percentage given

= $8,300 × 4%

= $332

The remaining amount would be credited to the cash account.

8 0
2 years ago
Grace Owen formed a corporation with three of her friends for purposes of operating a catering company. Grace used her own check
andrezito [222]

Answer:

Grace is incorrect because of the veil and alter ego theory

Explanation:

In this scenario Grace formed a corporation along with her three friends. As a result of catering services offered guest became ill and sued Grace and the other owners for damages.

According to the alter egos theory personal liability can be invoked on the owners of a corporation or its limited liability members.

Alter ego theory is used to penetrate the corporate veil that protects shareholders. Personal liability can be assigned on the business owner as it is in this case against Grace and the other owners.

7 0
2 years ago
Which of the following factors has the greatest impact in calculating FICO scores? Select one of the options below as your answe
SSSSS [86.1K]
The right answer for the question that is being asked and shown above is that: "c. length of credit history."  the factor that has the greatest impact in calculating FICO scores is that c. length of credit history<span>
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4 0
3 years ago
Intel Corporation
statuscvo [17]

Answer:

a. Gross income = sales - COGS

Pretax = gross income - SG$A expense +operating income + non operating income- interest expense - unusual expense

income taxes = Pretax - net income

income statement    2016 2015 2014 2013 2012

sale                        59387 55355 55870 52708 53341

COGS                23425 20651 20522 21418 20507

gross earnings   35962 34704 35348 31290 32834

SG&A EXPENSE   21149 19835 19693 18729 18117

operating income   14813 14869 15655 12561 14717

non operating income  533   -51          224   595 463

interest expense   733    337     192          244 90

unusual expense   1677 269        -114     301          217

pretax                27749 29081 31456 25172 29590

income taxes         17433 17661 19752 15552 18585

Net income          10316 11420 11704 9620 11005

b. Average tax rate = total taxes / total taxable income ( for this calculation we need the tax table for identifying the correct tax brackets for each taxable income falling on it.

                                             2016            2015        2014       2013          2012

gross profit margin       0.61%          0.63%   0.63%   0.59%     0.62%

net profit margin        0.17 %         0.21%        0.21%    0.18%      0.21 %

c. is attached

d.income statement   2016 2015 2014 2013 2012

sale                             100   100   100  100           100

COGS                   39.44% 37.31% 36.73% 40.64% 38.45%

gross earnings   60.56% 62.69% 63.27% 59.36% 61.55%

SG&A EXPENSE   35.61% 35.83% 35.25% 35.53% 33.96%

operating income   24.94% 26.86% 28.02% 23.83% 27.59%

non operating expense  0.90% -0.09% 0.40% 1.13% 0.87%

interest expense   1.23% 0.61% 0.34% 0.46% 0.17%

unusual expense   2.82% 0.49% -0.20% 0.57% 0.41%

pretax                   46.73% 52.54% 56.30% 47.76% 55.47%

income taxes          29.35% 31.90% 35.35% 29.51% 34.84%

Net income        17.37% 20.63% 20.95% 18.25% 20.63%

Explanation:

gross profit margin = gross profit/ sales

net profit margin = net profit / sales

no c is an attachment

5 0
2 years ago
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