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3 years ago

Which section of the statement of cash flows may be prepared using either the direct method or the indirect method?

Business

1 answer:

zhuklara [117]3 years ago

7 0

Answer:

b. Operating activities

Explanation:

As we know that there are two methods of cash flow statement. The one method is direct method and the other one is indirect method

Also the financing activities and the investing activities should be same calculated under both the methods

But the operating activities would be calculated differently under both the methods

In the direct method, the cash receipts and cash payment would be adjusted while an indirect method, the changes in working capital would be adjusted

Therefore the option b is correct

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Winchell wrote a contract that involves two separate performance obligations. Winchell cannot estimate the stand-alone selling p

Semenov [28]

Given :

Stand alone price of product B = $100

Price of the combined product = $120

To Find :

Stand alone price of product A

Solution :

Now,

Stand alone price of Product A = 120 - 100 = $20

The allocation ration for the product A and B =

Stand alone price of product A

Stand alone price of product B

20 = 1:5

100

Allocated to the performance obligation for delivering product A =

$120 x 1

1+6

$17.1

So the answer is $ 17.1

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5 0

2 years ago

Western Company is preparing a cash budget for June. The company has $10,100 cash at the beginning of June and anticipates $31,9

Anna71 [15]

Answer:

Borrow $6,300.

Explanation:

The company has $10,100 cash at the beginning of June

and anticipates $31,900 in cash receipts

and $38,300 in cash disbursements during June.

This gives a positive balance of (10,100 + 31,900 - 38,300) $3,700 and

To maintain the $10,000 required balance, during June the company must:Borrow $6,300.

8 0

3 years ago

Read 2 more answers

Observe any person working in a business endeavor and Identify up to five skills and qualities this person possesses.

yulyashka [42]

Answer: I honestly have no clue man, i honestly think your completely out of luck, sorry i couldn’t help.

5 0

3 years ago

With a framework in place, controls and risk become more measurable. The ability to measure the enterprise against a set of stan

weeeeeb [17]

Answer:

True

Explanation:

When a company as a framework to measure risk against, it can properly assess risk in different periods of time, depending of the risk score obtained within the framework.

This helps regulators because they can access an accurate primary information from the company itself (later on, they should probably compare that information against their own standards in order to prevent bias), and it also helps the company because it can see where it stands in terms of risk, which reduces uncertainty.

7 0

3 years ago

Which of the following is true when an economy produces at full employment, but consumers, government, businesses, and the forei

Art [367]

Answer:

When an economy produces at full employment, but consumers, government, there is a recessionary gap - Option B.

Explanation:

According to the Keynesian perspective, firms produce output only if they expect it to sell.

While the availability of the factors of production determines a nation’s potential gross domestic product (GDP), the amount of goods and services actually being sold, known as real GDP depends on how much demand exists across the economy.

Keynes termed a fall in the aggregate demand as a recessionary gap.

A recessionary gap refers to an economy operating at a level below its full-employment equilibrium. Under this condition, the level of real gross domestic product (GDP) is lower than the level of full employment, which puts downward pressure on prices in the long run.

Thus, when an economy produces at full employment, but consumers, government, there is a recessionary gap - Option B.

6 0

4 years ago