Cash on hand is the most liquid asset. Money in a savings account is a popular liquid asset and is very easy to withdraw and more liquid than a loan to a business.
Answer:
$332,000
Explanation:
<u>Cash flow from operating activities</u>
Net Income $252,000
Adjust for changes in working capital items :
Decrease in Accounts Receivable ($80,000 - $70,000 $80,000
Net Cash Provided by Operating Activities $332,000
Conclusion
the cash flows from operating activities to be reported on the statement of cash flows is $332,000
Answer:
The correct option is E
Explanation:
If the business is forecasting the financials of the balance sheet and mostly the high forecasted balance of cash implies that the company or the firm could pay off the debt in the next or the following year.
The forecasted high cash balance most likely decrease the long term and the short term debt of the company in order to reduce the cash levels to a consistent level.
So, none of the above options provided is correct.
A trend in buisness is to invest
Normalization <span>is the process of converting a poorly-structured table into two or more well-structured tables.
The main purpose of normalization is to make the table more readable by non-experts so it could be easier to use as a tool to help in the decision-making process.</span>
