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4 years ago

The statement of cash flows (indirect method) reports depreciation expense as an addition to net income because depreciation

Business

1 answer:

dalvyx [7]4 years ago

5 0

Answer: B. reduces reported net income of the period but does not involve an outflow of cash for that period.

Explanation:

Depreciation is the wear and tear of an asset due to the use of the asset. When an asset is depreciated, such an asset is eventually sold at a scrap value.

The statement of cash flows (indirect method) reports depreciation expense as an addition to net income because depreciation reduces reported net income of the period but does not involve an outflow of cash for that period.

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3 years ago

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3 years ago

As the price of a resource decreases, _____. a. the supply of that resource increases b. producers are more willing and able to

solmaris [256]

Answer:

b. producers are more willing and able to hire that resource

Explanation:

In production resources are defines as various inputs in the production process of a product.

It contributes to the final product that a consumer buys and they have their various costs which are used to obtain their use.

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