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ANTONII [103]
3 years ago
10

In converting net income to net cash provided (used) by operating activities, under the indirect method:

Business
1 answer:
Monica [59]3 years ago
6 0
My guess would be B , Hope I helped :)
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Credit sales are recorded by crediting an accounts receivable.
Anna35 [415]
The answer to the sentence above is false based on the transaction above. Account Receiveable is an asset account which has "debit" as its natural balance. Recording credit sales will increase the account receivable balance and sales balance, thus an increase in account receivable balance occurs on the debit side.
8 0
3 years ago
All of the following are true regarding IASB members except: A. Part-time members must sever employment relationships with forme
Ainat [17]

Answer:

A) Part-time members must sever employment relationships with former employers

D) IASB shall comprise 16 members, and up to 3 of those members may be part-time

Explanation:

Since December 1, 2016, the International Accounting Standards Board (IASB) has 14 board members (reduced from 16 by the 2015 constitution review). All of the 14 members are full time members, there are no more part time members. Each member is appointment for a 5 year initial term that can be renewed for either a 3 or 5 year second term. But no member can serve for more than 10 years.

3 0
3 years ago
If you started with $100 in the bank and you had $200 after letting it sit there for 5 years, what would be the annual interest
Paha777 [63]

The annual interest rate is 10 %.

Annual percent fee refers to the yearly interest generated with the aid of a sum it's charged to borrowers or paid to buyers. APR is expressed as a percentage that represents the real yearly price of price range over the time period of a mortgage or profits earned on investment If a man or woman borrows hundred rupees at one rupee interest, for instance, he needs to pay one rupee hobby in keeping with month. So in twelve months, he has to pay ten rupees.

Here,

let the annual interest rate is r

new amount = $ 200

for the  compound interest formula

new amount = initial amount * (1 + r)^time

200 = 100 * (1 + r)^7

solving for r = 0.104 = 10.4 %

the annual interest rate is 10 %.

Learn more about The annual interest rate here:- brainly.com/question/2699966

#SPJ4

5 0
2 years ago
Late one night, while studying for your anatomy class, you open a box of saltine crackers to do a little snacking. after chewing
OLga [1]
<span>Salivary amylase in your saliva breaks down the starchy morsel as you chew. The starch breaks down into maltose that accounts for the sweet taste in your mouth.</span>
6 0
3 years ago
Which statement is true about culture and society?
TEA [102]
A. is the only appropriate answer.
5 0
3 years ago
Read 2 more answers
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