The answer is that
"<span>
the change in accounts receivable is subtracted from net income".</span>
<span>When the indirect method is used, the starting
point is the net income and it is transformed to cash flows from operational actions
by adding back losses and subtracting gains so that these quantities are removed.</span>
BWISET KALA MO IKAW LNG PILIPINO DITO??
██╗░░██╗██████╗░
╚██╗██╔╝██╔══██╗
░╚███╔╝░██║░░██║
░██╔██╗░██║░░██║
██╔╝╚██╗██████╔╝
╚═╝░░╚═╝╚═════╝░
DAMI KAYA -,-
Answer:
Yes, different societies require different amounts of societal resources. Explanation:
The amounts of societal resources are based on the size or population of the society. The more vast the population the more resources needed. For example, the USA and Russia have a different population count, so that does mean we require different amounts of societal resources.
Cost on January 1 2016 = $1,250,000
Life = 10 years
Therefore,
Double-declining depreciation rate = 2*(1,250,000/10)/1,250,000 = 2*0.1 = 2*10% = 20%
Book value at end of 2016 = 1,250,000 - (1,250,000*20/100) = $1,000,000
Book value at end of 2017 = 1,000,000 - (1,000,000*20/100) = $800,000
Book value at end of 2018 = 800,000 - (800,000*20/100) = $640,000
Changing to straight line depreciation:
Life remaining = 7 years
Book value = $640,000
Depreciation expense per year = 640,000/7 = $91,428.57
Therefore, depreciation expense for 2019 = $91,428.57
The ending inventory of the previous period is the beginning inventory of the current period.
Beginning inventory is the amount of a product. A commercial enterprise has in stock at the start of an accounting length which includes a month or 12 months. due to the fact each accounting length connects to the subsequent, the beginning inventory of one length will be similar to the ending inventory of the previous.
Beginning inventory, or opening inventory, is your inventory cost at the beginning of an accounting duration. For that reason, finishing inventory, or last inventory is the cost of the stock at the top of an accounting duration.
Ending inventory is the value of goods nevertheless available for sale and held via a business enterprise at the end of an accounting length. The dollar amount of ending stock may be calculated by the usage of multiple valuation techniques.
Learn more about Beginning inventory here: brainly.com/question/24868116
#SPJ4
