Answer:
Which non-cash expense is added back to the net profit in the indirect method of preparing a cash flow statement? DEPRECIATION
The indirect method of preparing a cash flow statement adds a non-cash expense, such as DEPRECIATION and or AMORTIZATION, to the net profit.
Explanation:
Cash flow statement is a statement of account or financial statement prepared by firms or organisations that shows how money comes or flow into a company. It also shows the amount of money that a company receives from sales of their goods and services.
Cash flow statement also shows us the money invested my the company in outside ventures which is used for generating revenues for the company.
There are two methods of preparing Cash flow statements
a. Indirect method.
b. Direct method
The indirect method of preparing a cash flow statement involves stating the net income of the firm and then adding back non cash expenses such as Depreciation, Amortization back to the net profit. After which the determination of the actual inflow or outflow of cash from firm in carried out.
,digital wallet, mobile wallet, and e-wallet credit cards, debit cards, gift cards, electronic cash, tickets, and IDs. Not every wallet stores every type of payment information
I’m not sure.. hope it’s correct!
The answer is 4. <span>The website ends in .gov.
</span>
Domain names such as .com, .net etc can be purchased by anyone and does not signify credibility of a website.
However, some web addresses such as .edu and .gov are reserved for educational and government institutions only.
This can clearly tell you about the reliability and the authority of the website.
Other options mentioned above such as (c) sign or a website selling law services, would not really be indicators of reliability since anyone can forge these.
<span />
