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3 years ago

Type the correct answer in the box. Spell all words correctly. Help Please!!!

Business

1 answer:

Flura [38]3 years ago

5 0

Answer:

Which non-cash expense is added back to the net profit in the indirect method of preparing a cash flow statement? DEPRECIATION

The indirect method of preparing a cash flow statement adds a non-cash expense, such as DEPRECIATION and or AMORTIZATION, to the net profit.

Explanation:

Cash flow statement is a statement of account or financial statement prepared by firms or organisations that shows how money comes or flow into a company. It also shows the amount of money that a company receives from sales of their goods and services.

Cash flow statement also shows us the money invested my the company in outside ventures which is used for generating revenues for the company.

There are two methods of preparing Cash flow statements

a. Indirect method.

b. Direct method

The indirect method of preparing a cash flow statement involves stating the net income of the firm and then adding back non cash expenses such as Depreciation, Amortization back to the net profit. After which the determination of the actual inflow or outflow of cash from firm in carried out.

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3 years ago

What might you send to people who buy a house with no water?

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It is a well-known fact that water is a basic need of a human being in order to survived. Generally, a person is known to survive for only 3 days without water. Thus, the best thing that I would send to a person who bought a house with no water is any amount of water which will allow them to survive until they procure their own supply.

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3 years ago

explain the difference between a change in quantity demanded and a change in demand. Provide a real world example of a factor th

Zina [86]

Answer:

A change in quantity demanded is caused by a change in price only. That is, when price rises quantity demanded falls vise versa

A change in demand occurs when there is a shift in the demand caused by a change in other determinates of demand other than price such as change in income, change in taste and fashion, demographic changes etc.

Explanation:

Real word example of change in demand :

Changing Tastes or Preferences

From 1990 to 2020, the per-person consumption of chicken by Americans rose from 48 pounds per year to 85 pounds per year, and consumption of beef fell from 77 pounds per year to 54 pounds per year, according to the U.S. Department of Agriculture (USDA). Changes like these are largely due to movements in taste, which change the quantity of a good demanded at every price: that is, they shift the demand curve for that good, rightward for chicken and leftward for beef.

Simply put it this way> Change in quantity demanded : Price change, quantity demanded change

Change in Demand: Price doesn't change but quantity demanded changes as a result of change in other determinates of demand examples the change in preference

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3 years ago

Earth Movers, Inc., uses dynamite to prepare land for highway projects. Strict liability is imposed on this activity because:___

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Answer: c. The activity is abnormally dangerous

Explanation:

Strict liability is also referred to as the absolute liability, and this term means legal responsibility for injury or damages, despite the fact that the individual or business that's found strictly liable wasn't negligent or probably at fault for the injury to damages.

In this case, if Earth Movers, Inc., uses dynamite to prepare land for highway projects, a strict liability is imposed on this activity because it is abnormally dangerous.

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2 years ago

Predictive analytics is used for all of the following exceptâ:

Sindrei [870]

Answer: determining the best routes for product delivery.

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It can be used for establishing consumer credit scores, forecasting the safety of drivers, identifying the most profitable customers and also anticipating customer response to price changes.

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3 years ago