Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 28, 2024

Our accounts payable balance decreased by $ 5 , 0 0 0 this month from last month. On our cash flow statement we will need

Our accounts payable balance decreased by $

5, 000

this month from last month. On our cash flow statement we will need to:

Add $

5, 000

to the investing activities area.

This will have no effect on cash.

Subtract $

5, 000

from the Operating Activities area.

None of the answers are correct.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Introductory Accounting A Measurement Approach For Managers

Authors: Daniel P. Tinkelman

1st Edition

9781138956216

More Books

Students also viewed these Accounting questions

Question

★★★★★

Find limx 0 x2 sin (1/x) / tan x. Begin by deciding why l'Hpital's Rule is not applicable. Then find the limit by other means?

Answered: 1 week ago

Question

★★★★★

ABC Corporation has international earnings of $500,000 and a U.S. tax liability of $170,000. From foreign operations ABC generated $120,000 of income on which a $55,000 tax was imposed, What is ABCs...

Answered: 1 week ago

Question

★★★★★

=+17. Laundry detergents. One member of the consumer group in Exercise 15 is concerned that the experiment will take too long and makes some suggestions to shorten it. Comment briefly on each idea.

Answered: 1 week ago

Question

★★★★★

Jay Mills started a business by issuing a $60,000 face value note to State National Bank on January 1, 2013. The note had a 6 percent annual rate of interest and a 10-year term. Payments of $8,152...

Answered: 1 week ago

Question

★★★★★

please solve all thanks Businesses can claim some of the tax they pay on purchases as Input Tax Credits if they also charge sales tax to their customers. True False Question 3 (1 point) Saved Payment...

Answered: 1 week ago

Question

★★★★★

What are the pitfalls in P/E analysis

Answered: 1 week ago

Question

★★★★★

Establish a strong argument in-favor of and in-opposition to businesses being involved in the political process. Discuss and give an example of the three types of corporate political strategies and...

Answered: 1 week ago

Question

★★★★★

Please also show the solutuions 1. No-coupon bonds have a face value of $1,000 and mature in 10 years. Investors want an annual yield of 8% on these bonds. The price of the bond is () USD? 2....

Answered: 1 week ago

Question

★★★★★

7. The case discusses two events during the year that impacted the use of labor (and therefore the unfavorable flexible budget variance for direct labor): the 50,000 unit sales to the catalog company...

Answered: 1 week ago

Question

★★★★★

An integral component of the ability to make strategic decisions is to have an educated understanding of the environmental aspects that can impact an organization. The internal and external...

Answered: 1 week ago

Question

★★★★★

The day had gone surprisingly well considering all the activity at Central High School. Central was hosting the league track championships on the same day it was playing a baseball doubleheader...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Question

★★★★★

Appreciate the evolving role of human resource management (HRM) from strategic partnership to the strategic leadership of people and processes.

Answered: 1 week ago

Question

★★★★★

What are the responsibilities and roles of HRM specialists at Grundfos?

Answered: 1 week ago

Previous Question Next Question