subject
Business, 09.09.2019 18:10 korar1644

Georgia corp. uses the indirect method to prepare the statement of cash flows. refer to the following
section of the comparative balance sheet:
georgia corp.
comparative balance sheet
december 31, 2019 and 2018
2019 2018 increase/(decrease)
cash $45,000 $27,000 $18,000
accounts receivable 48,000 45,000 3,000
merchandise inventory 180,000 132,000 48,000
total assets $273,000 $204,000 $69,000
how will the change in accounts receivable be shown on the statement of cash flows?
a) subtraction from net income under the operating activities section
b) positive cash flow under the financing activities section
c) negative cash flow under the investing activities section
d) addition to net income under the operating activities section

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 06:10
Amanda works as an industrial designer
Answers: 1
question
Business, 22.06.2019 12:40
Which of the following tasks would be a line cook's main responsibility? oa. frying french fries ob. chopping onions oc. taking inventory of stocked dry goods od. paying invoices
Answers: 2
question
Business, 22.06.2019 20:30
John and daphne are saving for their daughter ellen's college education. ellen just turned 10 at (t = 0), and she will be entering college 8 years from now (at t = 8). college tuition and expenses at state u. are currently $14,500 a year, but they are expected to increase at a rate of 3.5% a year. ellen should graduate in 4 years--if she takes longer or wants to go to graduate school, she will be on her own. tuition and other costs will be due at the beginning of each school year (at t = 8, 9, 10, and 11).so far, john and daphne have accumulated $15,000 in their college savings account (at t = 0). their long-run financial plan is to add an additional $5,000 in each of the next 4 years (at t = 1, 2, 3, and 4). then they plan to make 3 equal annual contributions in each of the following years, t = 5, 6, and 7. they expect their investment account to earn 9%. how large must the annual payments at t = 5, 6, and 7 be to cover ellen's anticipated college costs? a. $1,965.21b. $2,068.64c. $2,177.51d. $2,292.12e. $2,412.76
Answers: 1
question
Business, 23.06.2019 04:00
A76-year old female with degenerative joint disease made an appointment with an orthopedic surgeon. the patient stated she has had severe pain in her right knee for six months. she has tried physical therapy and steroid injections but has not had any relief. the surgeon has agreed to schedule a right total knee arthroplasty (knee replacement).
Answers: 1
You know the right answer?
Georgia corp. uses the indirect method to prepare the statement of cash flows. refer to the followin...
Questions
question
Mathematics, 05.03.2021 17:50
question
Chemistry, 05.03.2021 17:50
Questions on the website: 13722362