Answer:
D. All of the above
Explanation:
A statement of cash flows is also known as cash flow statement and it is a financial statement which is used to illustrate how changes in income and various account of the balance sheet affect cash and cash equivalents.
The statement of cash flows is also used by financial experts or accountants to breakdown the cash-flow analysis into;
1. Cash-flow from operating activities: it represents cash-flow and transactions from operational business activities such as employee salary, sales of goods etc.
2. Cash-flow from investing activities: it represents the cash flow from investment such as proceeds from the sale of plant, equipments etc.
3. Cash-flow from financing activities: it represents the cash flow from debt or equity. Basically, the costs used in a financing a business.
<em>The purposes of the statement of cash flows are to;</em>
A. Predict future cash flows.
B. Evaluate management decisions.
C. Determine ability to pay debts and dividends.
Based on accounting operation analysis, the 3 cases where one can use the "<em>Add<u> </u>funds to this deposit<u>"</u></em> grid in a Bank deposit in QBO include "<u>When a company doesn't need to record sales details."</u>
The other cases where one can use the "<em>Add funds to this deposit</em>" grid in a Bank deposit in QBO include the following:
- When an employee reimburses the company
- When you receive a tax refund from the IRS
<h3>
What is QBO?</h3>
QBO is the acronym for QuickBooks Online Accounting Software. Business firms use it to monitor expenses, coordinate cash flow & establish invoices.
Hence, in this case, it is concluded that QuickBooks Online is a vital tool to possess by any business firm.
Learn more about QuickBooks Online here: brainly.com/question/25795288
I’m sorry but like what is that supposed to be?
Answer:
$1.7
Explanation:
From the question above Kirova company recorder the following information
Number of issued common shares is 990,000
Net income is $1,436,500
Number of authorized common share is 1,000,000
Weighted average income of outstanding common shares is 845,000
Number of treasury shares is 145,000
The formular to calculate the earning per share is
= Net income/Outstanding shares
Net income= $1,436,500
Outstanding shares= number of issued common shares- number of treasury shares
= 990,000-145,000
= 845,000
Therefore, the earnings per share can be calculated as follows
= 1,436,500/845,000
= $1.7
Hence Kirova's earning per share is $1.7
Answer:
$11,230
Explanation:
The city of Springvale imposed a net income tax on all businesses
Each business will make a payment of 1% for any amount up to $100,000 and 1.5% for any amount above $100,000
The net income generated by Springvale Bar and Grill is
= $782,000- $100,000
= $682,000
Therefore, it's city income tax is calculated as follows
(1/100+100,000) + ( 1.5/100+682,000)
( 0.01+100,000) + ( 0.015+682,000)
= 1000 + 10,230
= $11,230
Hence, Springvale Bar and Grill will pay a net income tax of $11,230
