Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

13 The statement of cash flows is useful to the analyst because ye ked out at 00 flag question Select one O a.it is the

image text in transcribed
13 The statement of cash flows is useful to the analyst because ye ked out at 00 flag question Select one O a.it is the only source in statement of comprehensive income for learning about cash generation O focusing on net income struttura company has a healthy profit and it can tramitate the profit into cash O c the statement of cash flows reveals why a company was able to generate a profit O d. focusing on net income can be misleading if a company has a healthy profit, but cannot translate the profit into cash 14 Which item does not form part of the shareholders equity of a company on the statement of financat position? 100 region Select one O a Share premium Ob Trade payatles c. Ordinary share capital d. Retained profits Den 15 Identify the statement that is likely to be true for a company making profits? ad and out 100 go Select one Retailed profits at the year-ent will be greater than retained profits at the beginning of the year. ob The operating profit will be less than the profit for the year Pened profits at the year-end will be greater than shareholders' equity d. The profit for the year will be greater than the gross profit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Human Resource Function Audit

Authors: Peter Reilly, Marie Strebler, Polly Kettley

1st Edition

0955970776, 978-0955970771

More Books

Students also viewed these Accounting questions

Question

2. Outline the functions of nonverbal communication

Answered: 1 week ago