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zloy xaker [14]
3 years ago
8

You can determine a company's cash situation by analyzing the cash flow statement. The cash flow statement also helps determine

whether the company (1) is generating enough cash from its operations to make new investments and pay dividends or (2) will need to generate cash by issuing new debt or selling its assets.
Which of the following is true for the statement of cash flows?
a. It reflects cash generated and used during the reporting period.
b. It reflects revenues when earned.
Three categories of activities (operating, investing, and financing) generate or use the cash flow in a company. In the following table, identify which type of activity is described by each statement.
Globo-Chem Co. reported net sales of $200 million last year and generated a net income of $44 million. Last year's accounts receivable increased by $20 million. What is the maximum amount of cash that Globo-Chem Co. received from sales last year?
a. $135 million
b. $64 million
c. $90 million
d. $180 million
Business
1 answer:
Rufina [12.5K]3 years ago
7 0

Answer:

Which of the following is true for the statement of cash flows?

  • a. It reflects cash generated and used during the reporting period.

Revenues are recognized when the earning process is completed, and they are not necessarily associated to the collection of cash, e.g. accounts receivable.

Three categories of activities (operating, investing, and financing) generate or use the cash flow in a company. In the following table, identify which type of activity is described by each statement.

What statements? I looked for a similar question:

  • Ruth Enterprises distributes a holiday bonus to all its employees ⇒ OPERATING ACTIVITY
  • Yum Co. uses cash to repurchase 10% of its common stock. ⇒ FINANCING ACTIVITY
  • A company buys some common stock in its supplier's firm with its extra cash. ⇒ INVESTING ACTIVITY
  • A company records a decrease in its total raw materials inventory from the previous year. ⇒ OPERATING ACTIVITY

Globo-Chem Co. reported net sales of $200 million last year and generated a net income of $44 million. Last year's accounts receivable increased by $20 million. What is the maximum amount of cash that Globo-Chem Co. received from sales last year?

  • d. $180 million

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The correct answer is D) "None of the above is correct."

Explanation:

Drug companies are allowed to be monopolists in the drugs they discover to encourage research and development

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he Allowance for Doubtful Accounts T-account will have the ______ on the credit side. Multiple choice question. sales on account
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The Allowance for Doubtful Accounts T-account will have the write-offs of specific customers sales discounts and allowances on the credit side.

<h3>What is Doubtful Accounts?</h3>

It lowers the value of an asset—in this case, the accounts receivable—the allowance for dubious accounts is referred to as a "contra asset."

The allowance, also known as a bad debt reserve, is management's projection of the amount of accounts receivable that customers will not pay.

Thus, option B is correct.

For more details about Doubtful Accounts, click here:

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8 0
1 year ago
Which of the following does not indicate an investor company's ability to significantly influence an investee? Select one: A. Th
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Answer:

The correct option is "A"

Explanation:

The pre-dominant confirmations would incorporate;  

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In the event that the speculator claims 30 percent of the democratic supplies of investee and other individual holds 70 percent of the democratic stocks, at that point it can't be said that the financial specialist (30 percent) has the capacity of essentially impact in investee.

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Mr. Crane is the manager of a video production company. To maximize efficiency, he assigns associates to departments (e.g. film
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Mr. Crane must first draw the interests and abilities of the companions. Some of them might be logically very good and obsessive in some parts (film division, editing division, sound division, etc.) but they might be assign to some other division. This will enhance in their low level of satisfaction and motivation. This will also assist Mr. Crane in conveying the divisions as per comforts of the associate as possible.

Explanation:

Mr. Crane must achieve an unidentified Response Survey between staffs so that their disquiets and problems can be carried out. Some individuals might not give this response openly.

Mr. Crane must also look at some of the work structures which are very serious for employee’s job satisfaction:

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  • Traditional and sport actions to keep staffs involved
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Mr. Crane must find out the points through above methods and effort to discourse them so that staffs feel pleased and motivated. He can also initiate Rewards & Recognition program to escalate good workers. This will also improve their motivation.

8 0
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Answer:

A phone call

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In this case where the supply chain specialist who has the information is not online, the best way to contact him is via telephone call.

It is so, because it's very easy to reach out to people via telephone call.

One advantage of the telephone calls is that, calls can be made at anytime 24 hours a day, 7 days a week

Lastly, fhe telephone call, which serves as a connection between a caller with via human voice, creates a connection that's not present in other media.

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