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Advocard [28]
3 years ago
9

When using the indirect method to calculate and report net cash provided or used by operating activities, which of the following

is subtracted from net income?1) Bad debts expense.2) Decrease in income taxes payable.3) Depreciation expense.4) Decrease in merchandise inventory.5) Amortization of intangible assets.
Business
1 answer:
Neporo4naja [7]3 years ago
4 0

Answer:

Decrease in income taxes payable are subtracted from net income

Explanation:

1) Bad debts expense. Expenses with no cash outflows are added back to net income

2) Decrease in income taxes payable are subtracted from net income

3) Depreciation expense  are added to net income.

4) Decrease in merchandise inventory  are added to net income.

5) Amortization of intangible assets  are added to net income.

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VARVARA [1.3K]

Answer:

True

Explanation:

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So as per the given statement, the statement is true

hence, the option a is correct

8 0
3 years ago
Who is dixie damelio,noah beck and cole sprouse
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Answer:

im pretty sure they are tiktokers if thats what youre asking?

Explanation:

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7 0
3 years ago
Read 2 more answers
The Company is working on a new application for recording internal debts across teams. This program can be used to create groups
Arada [10]

Answer:

Creative crops has the smallest negative balance for debt.

Explanation:

Debt is a cheap source of finance but excess debt increase gearing of a company which creates liquidity crisis for a company. The company has secured debts from various companies and to keep track for repayment of debt company has designed an application which shows the records for all debts. The smallest negative balance for debt is creative crops.

3 0
4 years ago
The Fremont Company uses the weighted-average method in its process costing system. The company recorded 43,500 equivalent units
Tresset [83]

Answer:

37,000 units

Explanation:

Calculation for the number of units started during November in the department

Using this formula

Number of Units started = Units completed and transferred out + Units in ending work-in-process − Units in beginning work-in-process

Let plug in the formula

Number of Units started= 39,000 units+7,400 units − 9,400 units

Number of Units started= 37,000 units

Therefore number of units started during November in the department was 37,000 units

3 0
3 years ago
The asset substitution problem occurs when Group of answer choices managers substitute less risky assets for riskier ones to the
garri49 [273]

Answer:

The second line i.e "managers substitute less risky assets for riskier ones to the detriment of bondholders" is the correct answer to the given question .

Explanation:

The asset substitution issue is when the management of a business organization knowingly misleads the another one by exchanging the superior quality assets  with the inferior quality assets after a quality review has already been carried out.

  • The challenge of asset substitution illustrates contradictions between the stockholders and creditors.
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  • All the other options are not related to the asset substitution that's why they are incorrect option .
7 0
4 years ago
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