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
trasher [3.6K]
3 years ago
6

Preparation of a statement of cash flows involves five steps:

Business
1 answer:
adelina 88 [10]3 years ago
4 0

Answer:

Preparation of a statement of cash flows involves five steps

1. Compute net cash provided or used by operating activities.

This is the section where all the cash flow that belongs to the operating section are been added and subtracted according to the inflow and outflow of the transaction.

2. Compute net cash provided or used by investing activities.

This is the section where all the cash flow that belongs to the investing section are been added and subtracted according to the inflow and outflow of the transaction.

3. Compute net cash provided or used by financing activities.

This is the section where all the cash flow that belongs to the financing section are been added and subtracted according to the inflow and outflow of the transaction.

4. Compute the net increase or decrease in cash

This is the section where the cash-flow from operating, investing and financing activities is  been balanced.

5. Report the beginning and ending cash balances and prove that the ending cash balance is explained by net cash flows.

After the cash-flow from operating, investing and financing activities is  been calculated, Then, this section is also computed to derive the Closing/Ending cash balance

You might be interested in
You have $2,000 today in your savings account. How long must you wait for your savings to be worth $4,500 if you are earning 1.2
Alenkasestr [34]

Answer:

n= 65.27 years

Explanation:

Giving the following information:

Present value (PV)= $2,000

Future value (FV)= $4,500

Interes rate (i)= 1.25% annual compounding

<u>To calculate the number of years required to reach the objective, we need to use the following formula:</u>

n= ln(FV/PV) / ln(1+i)

n= ln(4,500 / 2,000) / ln(1.0125)

n= 65.27 years

3 0
3 years ago
The four types of entrepreneur described by Arthur Cole were the Innovator, the Organization Builder, the Over-Optimistic Promot
slavikrds [6]
The calculating investor
5 0
3 years ago
Read 2 more answers
If the Federal Reserve buys $8,500 worth of securities from non-bank public, and the non-bank public then keeps the payment from
vova2212 [387]

Answer:

c: C increases by $8,500 and the MB increases by $8,500

Explanation:

If the Federal Reserve buys $8,500 in securities from non-bank public and then payment is kept from the bank in form of cash, theC increases by $8,500 and the MB increases by $8,500

5 0
3 years ago
The mere existence of natural resources in a country does not contribute to economic progress unless some conditions prevail.sta
denis-greek [22]

Answer:

ᴀꜱ ᴡᴀʀᴍ ᴀꜱ ꜱᴜɴ

ᴀꜱ ꜱɪʟʟʏ ᴀꜱ ꜰᴜɴ

ᴀꜱ ᴄᴏʟᴅ ❄️ ᴀꜱ ᴀ ᴛʀᴇᴇ

ᴀꜱ ꜱᴄᴀʀʏ ᴀꜱ ꜱᴇᴀ

ᴀꜱ ʜᴏᴛ ᴀꜱ ꜰɪʀᴇ

ᴀꜱ ᴄᴏʟᴅ ᴀꜱ ɪᴄᴇ

ꜱᴡᴇᴇᴛ ᴀꜱ ꜱᴜɢᴀʀ

ᴀɴᴅ ᴇᴠᴇʀʏᴛʜɪɴɢ ɴɪᴄᴇ

ᴀꜱ ᴏʟᴅ ᴀꜱ ᴛɪᴍᴇ ⌛

ᴀꜱ ꜱᴛʀᴀɪɢʜᴛ ᴀꜱ ʟɪɴᴇ ➖

ᴀꜱ ʀᴏʏᴀʟ ᴀꜱ ᴀ ᴀɴɢᴇʟ☺️

ᴀꜱ ʙᴜᴢᴢᴇᴅ ᴀꜱ ʙᴇᴇ

ᴀꜱ ꜱᴛᴇᴀʟᴛʜ ᴀꜱ ᴛɪɢᴇʀ

ꜱᴍᴏᴏᴛʜ ᴀꜱ ɢʟɪᴅᴇʀ

ᴘᴜʀᴇ ᴀꜱ ʜᴇᴀʀᴛ ❤️

ᴘᴜʀᴇ ᴀꜱ ɪ ᴡᴀɴɴᴀ ʙᴇ

Explanation:

<h2>Xxxxxxxxxd</h2>
4 0
2 years ago
"$100 reward will be paid by Neti-pot Co. to any person who suffers from hayfever after having used the Neti-pot three times dai
Scorpion4ik [409]

Answer:

B. No, because the advertisements are an invitation to bid.

Explanation:

An advert is not legally binding as it is just a means to capture consumer attention and convince them to buy a product or service.

Advertisements are merely considered as invitations to bid so the one made by Neti-pot Co is misleading because anybody reading it will immediately assume if a consumer takes the product the way it is advertised and begin to get side effects, the company will really give out the $100 promised.

Therefore, Sheldon wont get any compensation even if she decides to sue.

She will have to bear the consequences alone.

6 0
3 years ago
Other questions:
  • The result of the increase in the rate of change in the business environment from causes such as natural disasters and global co
    7·1 answer
  • A farm worker was moving a bale of hay with a forklift. The edge of the machine hit a tall stack of feed, making the top feed sa
    14·2 answers
  • The Guitar Shoppe reports the following sales forecast: August, $110,000; September, $190,000. Total sales includes 30% cash sal
    12·1 answer
  • Benkemel Corp., an industrial chemicals manufacturer in Noemern, has entered a foreign market. It now plans to establish a chemi
    12·1 answer
  • The following information is available for a company’s maintenance cost over the last seven months.
    5·1 answer
  • A ______ is a formal document that provides background and financial information about the company, outlines your goals for the
    13·1 answer
  • Katelyn, a millennial, is conducting her job search. She wants to work for a company that cares not only about its people, but a
    15·1 answer
  • Discussion Topic
    8·1 answer
  • Income from installment sales of properties included in pretax accounting income in 2021 exceeded that reported for tax purposes
    13·1 answer
  • The manager of the Quick Stop Corner Convenience Store (which never closes) sells four cases of Stein beer each day. Order costs
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!