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damaskus [11]
3 years ago
7

in preparing a statement of cash flows under the indirect method, an increase in accounts payable would be reported or included

as a(n):
Business
1 answer:
Nana76 [90]3 years ago
7 0

Answer:

In preparing a statement of cash flows under the indirect method, an increase in accounts payable would be reported or included as a(n):

source of cash.

Explanation:

Accounts payable are liabilities owed to suppliers for goods or services. They are listed on the balance sheet under current liabilities and on the cash flow statement under operating activities. When preparing the statement of cash flows, an increase in accounts payable is regarded as a source of cash while a decrease is regarded as a use of cash.

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Sewtfi861 Corporation makes an extra large part to use in one its fabulous products. A total of 16,000 units of this extra large
LenKa [72]

Answer:

The annual financial disadvantage is $62,560

Explanation:

<u>Analysis of the Costs of Producing Internally and Buying from External Supplier.</u>

                                                    Producing Internally       External Supplier

Direct materials                                      $3.50                                  $0

Direct labor                                             $8.10                                   $0

Variable manufacturing overhead        $8.60                                  $0

Supervisor's salary                                 $4.00                                  $0

Depreciation of special equipment       $2.40                                  $0

Allocated general overhead                  $7.60                               $7.60

Extra contribution                                     $0                                  ($2.19)

Purchases Cost                                        $0                                   $32.70

Product Cost                                          $34.20                              $38.11

<u>Conclusion :</u>

We can see that the Product Cost to produce the part internally costs $3.91 less than the cost to purchase from external supplier. Therefore Sewtfi861 Corp has a disadvantage.

Annual disadvantage =  16,000 units × $3.91

                                    =  $62,560

6 0
2 years ago
According to Piaget, children in the preoperational stage are able to Group of answer choices reason abstractly and test hypothe
Olenka [21]

Answer:

represent objects with words and images

Explanation:

The preoperational stage occurs is the second stage of Piaget's theory of Cognitive Development. Here, the child becomes familiar with the use of symbols. This also helps in the development of the child's language skills.

The child starts to understand the concept of thinking. This is known as meta-cognition. The ability of the child to represent objects with words and images is integral in the learning and use of language.

Hence, the answer is represent objects with words and images.

5 0
3 years ago
Where is poseidon when the gods at council decide to help odysseus to return home?
alekssr [168]
During that time, poseidon was with the Ethiopians
In the story, Ethiopia is described as the farthest limit of the mandkind, and he attend that place because the people of Ethiopian make some offerings to worship him. When he got back from Ethipia, he got really angry because the other Gods has changed their mind on Odysseus


6 0
3 years ago
You have responsibility for economic policy in the country of Freedonia. Recently, the neighboring country of Sylvania has cut o
garik1379 [7]

Answer: C) Otto

Explanation: Unlike the general perception evidenced in the research, having inflation is not a negative event. In fact, enjoying constant and controlled price increases is a sign that the demand for households is good, which translates at the same time into a greater need for production which ultimately results in economic growth.

8 0
3 years ago
The matching concept a. determines that expenses related to revenue be reported at the same time the revenue is reported b. addr
OLga [1]

Answer:

The correct answer is letter "A": determines that expenses related to revenue be reported at the same time the revenue is reported.

Explanation:

According to the matching accounting principle, during the same accounting period, the revenues and expenditures needed to generate such revenues have to be recorded. This is part of the accrual accounting method that specifies expenses and revenue must be recorded when incurred not when cash is received.

6 0
2 years ago
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