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Viktor [21]
3 years ago
15

When using the indirect method to determine cash flows from operating activities, an increase in prepaid expenses should be repo

rted as: not reported
Business
1 answer:
AysviL [449]3 years ago
6 0

Answer:

it is an adjustment to net income.

Since the prepaid expenses increased during the year, the amount by which it increased should be deducted from operating cash flows

Explanation:

other adjustments to net income:

depreciation expense

changes in accounts receivable

changes in inventory level

changes in accounts payable

changes in other current liabilities, e.g. taxes payable

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Answer:

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3 years ago
Suppose you have $10,000 in cash and you decide to borrow another $10,000 at a(n)6% interest rate to invest in the stock market.
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Answer:

D)-26%

Explanation:

The computation of the realized return on your investment is shown below:

= (Rate of return × total investment) - (interest paid)

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= (-$2000 - $600)

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Therefore the correct option is D.

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3 years ago
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Gekata [30.6K]

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