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
SpyIntel [72]
3 years ago
8

Which of the following statements does not correctly describe an adjustment to net income when determining cash flows from opera

ting activities using the indirect method?
A. An increase in wages payable will be added to net income.
B. An increase in prepaid expenses will be subtracted from net income.
C. An increase in income taxes payable will be subtracted from net income.
D. A gain on the sale of a depreciable asset will be subtracted from net income.
Business
1 answer:
Kisachek [45]3 years ago
3 0

Answer:

C. An increase in income taxes payable will be subtracted from net income.

Explanation:

First and foremost, an increase in current assets such as prepaid expenses means that the company parted with cash since it has made payment in advance prior to the expenses being incurred, hence, it is a cash outflow while a decrease in the current asset has an opposite impact.

However, an increase in current liabilities means the company is owing more and has avoided a cash outflow, in essence, it is treated as cash inflow, in other words, the increase in income taxes payable is an inflow not deducted as if it is an outflow

You might be interested in
What drove Tucker to risk everything to build a car company?
lesya [120]

Answer:

he opened a car company for a better tommorow

3 0
3 years ago
Employees who record and are paid for the exact of amount of time spent working are paid on a(n) _____ basis.
Greeley [361]
Hourly basis.  Salaried employees are paid a flat fee to get the job done.  
6 0
3 years ago
Diversity of the planning group: A. Requires the group leader to control of decision making and action planning. B. Makes it dif
lana66690 [7]

Option C. Diversity of the planning group: Often results in more comprehensive and creative planning.

<h3>What is diversity?</h3>

This is the term that is used to refer to a group that is made up of people that are from different cultures, areas and fields.

In such a group there is the tendency for creativity if they are able to work together and share ideas.

Read more on diversity here:

brainly.com/question/7170490

#SPJ1

8 0
1 year ago
What is double entries for debit note received
ivanzaharov [21]
The double entry<span> system of accounting or bookkeeping means that every business transaction will involve two accounts</span>
7 0
3 years ago
If Home Depot was correct in that it was not discriminating, but simply filling positions consistent with those who applied for
dalvyx [7]

Answer:

Yes and the theory is stereotyping

Explanation:

In a workplace women are subjected to gender stereotyping.

Stereotyping is when there is a wrong belief or idea about people based on they look on the outside.

Most times this is a wrong belief or partially true. It is a form of prejudice because how the person is on the outside is not a true definition of who they are.

In this scenario women are made to feel they were not on the same level as male counterparts during promotions, hiring, and payment.

This prejudice was explained by home Depot to be based on experience. They said most women had experience as cashiers so the could only fill roles like cashier, customer care, and clerk

4 0
3 years ago
Other questions:
  • The objective of _____ is to build sales, market share, and profits quickly by providing an incentive to purchase the product im
    5·1 answer
  • Consider a competitive market with a large number of identical firms. The firms in this market do not use any resources that are
    10·1 answer
  • Tina is a human resource executive at Savvy Savers, a financial planning firm. The executives want to introduce electronic monit
    5·1 answer
  • Interview Example:
    10·1 answer
  • The accounts receivable turnover measures a.the number of days of accounts receivable outstanding b.the fair market value of acc
    15·1 answer
  • Total variable costs A. always increase with output. B. initially decrease and then increase with output. C. initially increase
    13·1 answer
  • Sarah, a manager at Ackles Inc, plays pranks on her subordinates in an attempt to make the workplace livelier. She trusts her su
    10·2 answers
  • The demand for spring water at the SLC WalMart is 600 liters per week. The setup cost for placing an order to replenish inventor
    15·1 answer
  • Moss Co. issued $100,000 of five-year, 11% bonds with interest payable semiannually, at a market (effective) interest rate of 8%
    13·1 answer
  • 1. In what ways are boundaries and money management related to deep core needs?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!