What are the three categories used within the statement of cash flows? Why are these categories important
Question:
What are the three categories used within the statement of cash flows? Why are these categories important for understanding an organization’s cash situation?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (3 reviews)
The statement of cash flows categorizes cash transactions into three main categories providing a comprehensive view of how cash is generated and used by an organization The three categories are Operat...View the full answer
Answered By
Rodrigo Louie Rey
I started tutoring in college and have been doing it for about eight years now. I enjoy it because I love to help others learn and expand their understanding of the world. I thoroughly enjoy the "ah-ha" moments that my students have. Interests I enjoy hiking, kayaking, and spending time with my family and friends. Ideal Study Location I prefer to tutor in a quiet place so that my students can focus on what they are learning.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Accounting Fundamentals For Health Care Management
ISBN: 9781284265200
4th Edition
Authors: Steven A. Finkler, David M. Ward, Thad Calabrese
Question Posted:
Students also viewed these Business questions
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
(a) Explain how a limit worth may be tended to at run-time, both in a syntaxtree middle person and in collected code. What is the importance word "settled" already? [3 marks] (b) Give a model program...
-
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
-
The following is information for a perfectly price discriminating monopolist. Demand: P = 65 0.02Q Marginal revenue = P = 65 0.04Q Marginal cost = ATC = 4 Calculate the producer surplus for the...
-
What is the composition, in atom percent, of an alloy that consists of 4.5 wt% Pb and 95.5 wt% Sn? The atomic weights for Pb and Sn are 207.19 g/mol and 118.71 g/mol, respectively. (A) 2.6 at% Pb and...
-
Problem and Requirements The primary purpose of this assignment is to give you practice calculating variances. The variances you need to calculate are described under the "REQUIRED heading below. The...
-
Explain the advantages and disadvantages of franchising. LO.1
-
On average, there are 12 potholes per mile on a particular stretch of the state highway. Suppose the potholes are distributed evenly on the highway. a. Find the probability of finding fewer than two...
-
1(b) Discuss the accounting treatment of inventory and COGS. What are the primary reasons for using LIFO? (6 marks)
-
Differentiate between the direct and the indirect methods for preparing and presenting the statement of cash flows.
-
Explain how the ledger provides the information needed to prepare the operating statement.
-
Describe the direct method for determining net cash provided by operating activities. LO11
-
REQUIRED: Cost of production report under the following assumptions: Lost units - normal, discovered at the beginning Lost units - normal, discovered at the end Lost units - abnormal, discovered when...
-
ABC, Inc., manufactures only two products: Gadget A and Gadget B. The firm uses a single, plant wide overhead rate based on direct-labor hours. Production and product-costing data are as follows:...
-
.Jean Saburit has gone over the financial statements for Saburit Parts, Inc. The income statement has been prepared on an absorption costing basis and Saburit would like to have the statement revised...
-
When a constant force is applied to an object, the acceleration of the object varies inversely with its mass. When a certain constant force acts upon an object with mass 2 kg, the acceleration of the...
-
Use the following for all 3 circuits. V1 = 9.0 V, V = 12.0 V R = 2.0 ohms, R = 4.0 ohms, R3 = 6.0 ohms, R4 = 8.0 ohms C1 = 3.0 C = 3.0 (a) Find I in circuit A (b) Find I1 in circuit B R w R3 V R R4...
-
The University of Montana ski team has five entrants in a mens downhill ski event. The coach would like the first, second, and third places to go to the team members. In how many ways can the five...
-
For the given transfer function: Vo(s) / Vi(s) = (s^2C^2R^2 + 1) / (s^2C^2R^2 + 4sCR + 1) Assumiing that 1/(CR) = 120 PI so write the matlab code to find the magnitude plot
-
On 1 January 20x6, Pigments Manufacturers bought a vehicle for R40 000. The vehicle is expected to have a useful life of four years and a residual value of approximately R8 000. You are required to:...
-
On 1 January 20x4, Fedoc Distributors had these accounts (among others) in their books: Their accounting policies for depreciation are: During the year, these transactions relating to non-current...
-
Use the information from Question 14.2 to answer this question. Assume that management estimates that the useful life of the vehicle is five years and that maintenance cost would increase as the...
-
Kirk and Spock formed the Enterprise Company in 2010 as equal owners. Kirk contributed land held an investment ($50,000 basis; $100,000 FMV), and Spock contributed $100,000 cash. The land was used in...
-
Pedro lives in Puerto Rico and had a net taxable income of $35,000 for the year 20X1. Your gross income totals $60,000. What is Pedro's regular income tax for 20X1? a.$4,620 b.$4,900 c.$2,318 d.$2,520
-
The change in cash is equal to the change in liabilities less the change in equity plus the change in noncash assets. O True False
Study smarter with the SolutionInn App