Answer:
Cashflow from Operating Activities
Net Income $120,400
Adjastment for Non-Cash Items
Depreciation $5,300
Amortization $3,400
Adjastments of Items appearing elsewhere
Loss from the sale of land $4,000
Net Cash flow from operating activities $133,100
Explanation:
Net Income is reconciled in the cashflow statement via the indirect method. Its is adjasted for Non-Cash Items, Items appearing elsewhere in the cashflow statement and Working Capital Movements
Answer:
D
Explanation:
Invoices are documents that convey purchases.
Answer:
It's a free loan to the government.
Explanation:
you're essentially giving the government a free loan with no interest.
For my retirement and my family future
Answer:
The correct answer is B. can use different depreciation methods for tax and financial reporting purposes.
Explanation:
Corporations are allowed to use various depreciation methods (in a straight line, double decreasing balance and the sum of the digits of the years). For fiscal purposes, using the MACRS recovery periods, the assets of the first four classes of property are depreciated using the double declining balance method.
