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igomit [66]
2 years ago
6

the total net cash flows from operating activities are identical under both the indirect and direct methods.

Business
1 answer:
taurus [48]2 years ago
5 0

It is true that the total net cash flows from operating activities are identical under both the indirect and direct methods.

The operating activities is the section which records the money that the company brings in from its regular business activities.

  • It is important to understand that the two methods (indirect and direct methods) under Operating activities only differ in presentation formats and does not influence the net cash flow.

In conclusion, it is true that the total net cash flows from operating activities are identical under both the indirect and direct methods.

Read more about operating activities:

<em>brainly.com/question/25656124</em>

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The financial statements of the Pharoah Company report net sales of $372000 and accounts receivable of $56400 and $27600 at the
snow_lady [41]

Answer:

the average collection period for accounts receivables is 41.2 days

Explanation:

Average Collection Period measures the amount of time it takes to collect credit from accounts owing.

Average Collection Period = Average Accounts Receivables / (Sales/365)

                                            =(($27600+ $56400)/2) / ( $372000/365)

                                            = $42,000/1019.178082

                                            = 41.20967742

                                            = 41.2 days

                             

8 0
2 years ago
Read 2 more answers
Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $30,5
DIA [1.3K]

Answer:

$38,500

Explanation:

Sheridan's ending cash balance can be calculated as;

= Beginning cash balance + cash provided by operating activities + cash provided by financing activities - cash used by investing activities

= $5,500 + $30,500 + $13,500 - $11,000

= $38,500

Therefore, the ending cash balance is $38,500

6 0
2 years ago
HELP!
Elza [17]

Answer:

i think the answer is true

Explanation:

6 0
3 years ago
Read 2 more answers
What is the argument in this formula? =AVERAGE(B11:H14) AVERAGE H11 B11:H14 B11
Whitepunk [10]

Answer:

The Answer is D. B11:H14

Explanation:

A got a good grade

8 0
3 years ago
The accompanying table shows a small community's demand for monthly subscriptions to a streaming movie service. Assume that only
Effectus [21]

Answer:

The correct answer is (b) Nextflix supplies 250 subscriptions and Flixbuster supplies 250 subscriptions.

Explanation:

Solution

Now,

A monopolist would supply where the total revenue is Maximum

So, quantity produced = 500 where each will produce 500/2

=250 units

Therefore from the given question stated as, If the two firms operating in this market agreed to each supply one-half of the quantity a monopolist would supply, the contract would specify that: Nextflix supplies 250 subscriptions and Flixbuster supplies 250 subscriptions.

4 0
2 years ago
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