1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Suppose that you buy a TIPS (inflation-indexed) bond with a 1-year maturity and a coupon of 7% paid annually. Assume you buy the
Kryger [21]

Answer:

at maturity I will receive 1,155.6

the real return is 7%

the nominal will be 15.56%

Explanation:

As it is indexed it will paid a real rate of 7% adjusted for 8% inflation

1,000(1+r)(1+\delta)=Amount

1,000 x 1.07 x 1.08 = 1,155.6 received at maturity

no know the nominal rate we do:

\frac{Amount}{Principal}-1

\frac{1,155.6}{1,000}-1

nominal = 0.1556 = 15.56%

7 0
3 years ago
At the end of 2017, Payne Industries had a deferred tax asset account with a balance of $30 million attributable to a temporary
KIM [24]

Answer:

Detailed step-wise solution given in the table attached.

8 0
3 years ago
Which ics function is responsible for documentation for mutual aid agreements?
Softa [21]

Planning

The Incident Command System is a management construct which functions to help resource management during incidents. It involves Mutual-Aid Agreement which is the document between agencies in writing.

The Incident Command System- Planning Section is tasked to collect, evaluate, disseminate information and prepares and documents Incident Action Plans. Documentation is one of the main responsibilities of the Planning Section.

6 0
3 years ago
Read 2 more answers
Two automobile manufacturers are working together to develop hybrid technology. This type of relationship between the two automo
SSSSS [86.1K]

Answer:

The correct  option is A, co-opetition

Explanation:

Co-opetition derives its root from competition and co-operation.It refers to an arrangement where competing firms co-operate towards achieving a common goal like the case of two two automobile manufacturers are likely going to be in direct competition with each co-operating in order to develop a hybrid technology expected to benefit both.

Hence option C is obviously wrong as competition is just one side of co-opetition which also includes co-operation

Strategic alliance lacks an element of competition,hence it is also wrong, same applies to collaboration.

Finally, business strategy is generic in nature so it is out of context.

3 0
4 years ago
Read 2 more answers
25. A sale for which payment will be received at a later date. (p. 18)
Mice21 [21]

Answer:

sale on account

Explanation:

When a sales is made and payment is expected at a future date, a sales on account occurs, e.g.:

January 2, 2020, 5,000 units sold at $10 each to ABC company, credit terms 2/10, n/30. Cost of goods sold is $30,000

Dr Accounts receivable 50,000 (5,000 x 10)

    Cr Sales revenue 50,000

Dr Cost of goods sold 30,000

    Cr Merchandise inventory 30,000

After the invoice is collected, the journal entry would be:

January 30, 2020, invoice collected from ABC company

Dr Cash 50,000

    Cr Accounts receivable 50,000

6 0
3 years ago
Other questions:
  • All of these are advantages of a franchise except:
    15·1 answer
  • Company X was expected to have earnings per share of $0.52 for the upcoming quarter. On the day of the results, the company repo
    13·1 answer
  • When moving down along a straight-line demand curve:
    8·1 answer
  • Explain the difference between implicit and explicit costs
    11·1 answer
  • When Carol was 8 years old, her mother died. As an adult, Carol has no memories of attending her mother's funeral. Which ego def
    6·1 answer
  • A laryngectomy is often performed to treat dysphagia.<br><br> True<br> False
    12·2 answers
  • On January 1, Kirk Corporation had total assets of $864,000. During the month, the following activities occurred: Kirk Corporati
    13·1 answer
  • if a business purchases items to sell during the year, the cost of any items that are not used or consumed are reflected
    11·1 answer
  • ensen Enterprises paid $1,300 in dividends and $920 in interest this past year. Common stock increased by $1,200 and retained ea
    15·1 answer
  • Compare and contrast the three most common types of healthcare indemnity plans PLEASE I NEED THIS ANSWER BY MIDNIGHT
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!