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3 years ago

Under the indirect method of preparing the statement of cash flows, how is an increase in accounts receivable handled?

Business

1 answer:

lawyer [7]3 years ago

5 0

Answer: It is deducted from the net income.

Explanation:

An increase in accounts receivable is a use of cash, therefore it must be accounted for when calculating the net income.

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WILL MARK BRAINLIST!

const2013 [10]

Answer:

Hello! Your answer shall be, BELOW

Explanation:

Preparing a trial balance for a company serves to detect any mathematical errors that have occurred in the double-entry accounting system. If the total debits equal the total credits, the trial balance is considered to be balanced, and there should be no mathematical errors in the ledgers.

A Trial Balance is prepared to check whether the debit balance FOR the credit balance, which is the primary goal of accounting?

Hope I helped! Ask me anything if you have any questions. Brainiest plz!♥ Hope you make a 100%. Have a nice morning! -Amelia♥

6 0

3 years ago

Read 2 more answers

The typical starting point of any firm's marketing mix is the:____________

soldier1979 [14.2K]

Answer: E. development of the good or service to be sold

Explanation:

The typical starting point of any firm's marketing mix is the development of the good or service to be sold. The marketing mix is simply a mix of the marketing strategies that are vital to achieve marketing aims and increase sales.

It should be noted that marketing mix begins with the product and without this, distribution, pricing and the promotion are not relevant.

8 0

4 years ago

Yan Yan Corp. has a $5,000 par value bond outstanding with a coupon rate of 4.6 percent paid semiannually and 21 years to maturi

Aleonysh [2.5K]

Answer:

Price of the bond = $4,122.36

Explanation:

The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).

Value of Bond = PV of interest + PV of RV

The value of bond for Yan Yan Corp. be worked out as follows:

Step 1

PV of interest payments

Semi annul interest payment

= 4.6% × 5,000 × 1/2 = 115

Semi-annual yield = 4.1%/2 = 2.05 % per six months

Total period to maturity (in months) = (2 × 21) = 41 periods

PV of interest =

115 × (1- (1+0.0205)^(-21)/0.0205)=1,946.47

Step 2

PV of Redemption Value

= 5000 × (1.0205^(-41) = 2,175.89

Step 3:Price of the bond

Total present Value = 1,946.47 + 2,175.89 = 4,122.36

Price of the bond = $4,122.36

5 0

3 years ago

Melanie has a balance of $1700 on a credit card with an apr of 24.2%, compounded monthly. about how much will she save in intere

slamgirl [31]

She will save about $267.27 ($2160.24 - $1892.97) in interest over the course of a year if she transfers her balance to a credit card with an apr of 10.8%, compounded monthly. This problem can be solved using the compounding interest formula which stated as A = P*(1+i)^n. A is the amount affected by the compounding interest, i is the interest rate, and n is the period of time. You must find the amount using the 24.2% and 10.8% compounding interest and find the difference between them.

4 0

3 years ago

Read 2 more answers

Since the end of World War II, manufacturing firms in the United States and in Europe have been moving farther and farther outsi

hodyreva [135]

Answer:

Letter A is correct. Skyscrapers.

Explanation:

In this matter the ideal alternative is Skyscraper. This structure is more used for the service sector as the examples mentioned in the question: finance and insurance companies.

This strategy of locating service companies close to central areas is justified by the high concentration of the target audience of the companies, in addition to the benefit of the skyscrapers being made on a small part of the land and can accommodate many people.

5 0

3 years ago