Answer:
The correct answer is b. In the indirect method statement, the period's depreciation is added to net income because it is a source of cash
Explanation:
Indirect method make adjustment to reconcile the net income to cash. It depends on the account if it is added or subtracted to net income.
We are going to analyze the options
a. The operating section of the indirect method starts with the net income of the period TRUE
b. In the indirect method statement, the period's depreciation is added to net income because it is a source of cash
FALSE, depreciation is not a source of cash
c. Interest payments are included in the operating section of the direct method statement
TRUE
d. The investing section of the direct method statement for a period is identical to the investing section of the indirect method statement for the same period TRUE
Answer:
A company comparison should not be made with industry averages if the company does not clearly fit into any one industry.
Explanation:
In Business management, it is important to note that many companies will not clearly fit into any one industry.
Hence, when using industry averages, it is often necessary to use an industry that the firm best fits rather than randomly picking up any industry. Additionally, the analysis of an organization's financial statements would be more meaningful if the results are compared with industry averages and with results of competitors.
Any financial service sought after, should use its best judgment by analyzing and identifying which industry the firm best fits.
The energy system which provides energy for tasks that demand a high rate of energy expenditure for a short period of time is 3-5 days/week, 55-90% of HRmax, 20-60 minutes, aerobic activity.
In economics, demand is the amount of a good that customers are inclined and capable of purchase at diverse prices at some point of a given time. the connection between price and quantity demand is likewise referred to as the demand curve
Demand is the amount of consumers who're inclined and in a position to shop for products at numerous fees at some stage in a given period of time. demand for any commodity implies the purchasers' desire to gather the good, the willingness and capability to pay for it.
For instance, if a patron is hungry and buys a slice of pizza, the primary slice can have the finest advantage or application. With every additional slice, the purchaser becomes greater happy, and software declines. In idea, the primary slice may fetch a higher price from the purchaser.
Learn more about demand here:brainly.com/question/1245771
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