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ipn [44]
3 years ago
13

In order to determine net cash provided by operating activities, a company must convert net income from an accrual basis to a ca

sh basis under -
A-the direct method only.
B-the indirect method only.
C-both the direct method and the indirect method.
D-neither the direct nor the indirect method.
Business
1 answer:
vichka [17]3 years ago
5 0

Answer:

C-both the direct method and the indirect method.

Explanation:

When you want to calculate net cash flows from operating activities, you only consider cash inflows and outflows. This means that changes in accounts receivable, inventories and other prepaid expenses must be adjusted, as well as accounts payable and any other non-cash expenses like depreciation or amortizations.

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A business provided services to a cash customer to record this transaction A. an asset is debited, and a liability is credited.
velikii [3]
<span>To record this transaction it would be an asset is debited, and a revenue is credited.  </span>
3 0
3 years ago
A housecleaning agency was given a key to a customer's house so that the agency could have its employees clean while the homeown
poizon [28]

Answer:

C. She will prevail, because the maid's failure to lock the door created the risk that someone might enter and take the homeowner's valuables.

Explanation:

Based on the argument presented above, the homeowner will likely prevail against the agency because, the maid whibis an employee of the cleaning agency got the home exposed by failing to get the doors locked which might have allowed unwarranted entry into the building. The fact that there was no forced entry through any of the entry channels and the disappearance of valuables gives the homeowner a stronger case to make in this scenario in her case against the agency.

7 0
3 years ago
In reviewing the agreement between AdCreate and Anchor Motors, Jacob Stein found that sales ofAnchor rose 2.8% compared to the p
kakasveta [241]

Answer:

AdCreate billed Anchor Motors $529,412 for the third quarter in 2010

Explanation:

The advertizing company usually takes a 15% commision

Which means from the total amount billed to customer 15% ar commision which means:

money paid to media + 15% comission of the billed amount= total amount billed

450,000 + 0.15X = X

Now, we try to solve for X and get the amount billed to anchor motors.

X = 450,000/.85 =<em> 529.411,76</em>

8 0
3 years ago
A _____ is used to predict when a firm will likely experience temporary shortages or surpluses of cash.
Aleks [24]
<span>A "cash budget" is used to predict when a firm will likely experience temporary shortages or surpluses of cash.
</span>
A cash budget refers to a financial plan of expected money receipts and distributions during the period. These money inflows and surges incorporate incomes gathered, costs paid, and credits receipts and installments. At the end of the day, a money spending plan is an expected projection of the organization's trade position out what's to come.
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3 years ago
When analyzing the pay scale of her staff, Nanci saw that several equivalent positions in the department were paid at various ra
Pavel [41]

Answer:outputs

Explanation:

5 0
3 years ago
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