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
kow [346]
3 years ago
13

Suppose we are looking at a cash flow statement constructed using the INDIRECT method. We see a NEGATIVE adjustment of $5000 rel

ated to Accounts Payable. Which of the following are correct interpretations of this?a. Depreciation provided cash of $1000 b. The firm sold long-term assets for $1000 c. The firm invested $1000 of cash in long-term assets d. Income was lower by $1000 because of Depreciation expense
Business
1 answer:
ozzi3 years ago
7 0

Answer:

It implies that the firm paid $5,000 to its supplier this accounting period (e.g. year) out of the amount the firm is owing the supplier.

Note: The correct answer is as stated above it is not included in the option. Kindly confirm the options again from your teacher.

Explanation:

Accounts payable refers to the amount of money a firm is owing its suppliers.

Account payable is one of the component of the current liabilities in the balance sheet, and non-cash current liability item that is adjusted for in the cash flow statement to arrive at net cash from operating activities when an indirect method is being used.

Since accounts payable is the amount of money a firm is owing its suppliers, a negative  a NEGATIVE adjustment to its implies that company has paid its supplier the negative amount in the accounting period.

Therefore, a NEGATIVE adjustment of $5000 related to Accounts Payable implies that the firm paid $5,000 to its supplier this accounting period (e.g. year) out of the amount the firm is owing the supplier.

You might be interested in
Match the academic requirements with the careers.
FrozenT [24]

truck driver- technical program

travel clerk - high school diploma

actuary- batchalors degree

I'm not 100% sure about the awnser but this is what I think is the awnser

5 0
3 years ago
Read 2 more answers
When an asset is sold, a gain occurs when the:______.
Serhud [2]

Answer:

a. sale price exceeds the book value of the asset sold.

Explanation:

The gain recognized when the sale price is exceeded than the book value i.e

Gain recognized = Sale price - book value

where

Sale price is the selling price of the asset

And, the book value is the carrying value of the asset

Book value = Acquired value of an asset - accumulated depreciation

Hence, the option a is correct

5 0
3 years ago
Assume that you plan to buy a share of EMA stock today and to hold it for 3 years. You expect to receive a dividend of $3.00 at
Vesnalui [34]

Answer:

$67.5

Explanation:

Expected rate of return = 10/100 x $75 = $7.5

I am willing to pay $75 - $7.5 = $67.5

4 0
3 years ago
when creating content for an audience that may be visually impaired to a point be sure to choose_____?
NISA [10]

Answer:

When creating content for an audience that may be visually impaired to a point be sure to choose_____?

Answer: A Readable Font.

Explanation:

Content is the data and encounters that are coordinated toward an end-client or crowd. Content is "something that will be communicated through some medium, as discourse, composing or any of different expressions". Content can be conveyed by means of a wide range of media including the Web, film, TV, radio, cell phones, sound Compact discs, books, digital books, magazines, and live occasions, for example, addresses, meetings, and stage exhibitions.

Visual impairment, otherwise called vision impairment or vision misfortune, is a diminished capacity to see to a degree that causes issues not fixable by normal methods, for example, glasses. Some additionally incorporate the individuals who have a diminished capacity to see since they don't approach glasses or contact focal points. Visual impairment is regularly characterized as a best revised visual keenness of more awful than either 20/40 or 20/60. The term visual deficiency is utilized for finish or about complete vision misfortune. Visual impairment may cause individuals troubles with ordinary day by day exercises, for example, driving, perusing, mingling, and strolling.

An audience is a gathering of individuals who take an interest in a show or experience a masterpiece, writing (in which they are classified "perusers"), theater, music (in which they are designated "audience members"), computer games (in which they are classified "players"), or scholastics in any medium. Audience individuals take an interest in various manners in various types of craftsmanship; a few occasions welcome plain audience investment and others permitting just unobtrusive applauding and analysis and gathering.

A Readable Font is needy upon how the typeface is utilized. Readability is about typography. It is a gauge of how easily words, phrases and squares of duplicate can be read. Readability is related to how the sort is arranged, or typeset, and in this manner is constrained by the creator. Factors affecting sort's readability include: Type size, Type case, Line spacing, Line length, and Shading or contrast.

6 0
2 years ago
Are outstanding credit card balances counted as part of the money supply?
V125BC [204]
<span>Credit card balances are not counted as part of the money supply, because c</span>redit card balances reflect funds that have been borrowed. Unlike money, they cannot be used as a means of payment. The M1 supply contains <span>coins, paper currency, demand deposits, other checkable deposits, and traveler's checks. So, o</span>utstanding balances on credit cards is not a component of the M1 money supply.
3 0
3 years ago
Other questions:
  • Jake receives a promotion at his law firm after winning an important case. this is an example of a:
    12·1 answer
  • Mi Ola swimwear may occasionally make changes to their corporate or business-unit strategies. Identify the item below that would
    7·1 answer
  • Happy Helpers Maid Service is calculating its standard direct labor rate. The direct labor rate is $12 per hour. Happy Helpers i
    14·1 answer
  • Jake is a highly qualified individual. He recently had an interview for the position of a bank manager. The interview went well.
    9·1 answer
  • How have or will external factors result in the overhaul of a traditional industry of your choice (such as retail or any other)
    11·1 answer
  • An internet service provider has three different subscription package for its customers:Package A: For $9.95 per month 10 hours
    6·1 answer
  • Explain two reasons why accurate market research information is important
    14·1 answer
  • It is possible that a(n) ________ vertical marketing system can be more formally structured through strategic alliances and part
    11·1 answer
  • To determine a credit score, debt, available credit and total assets are all part of the
    13·1 answer
  • Keynes believed that the government should ________ to get the economy out of recession:
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!