There are two principal methods of presenting cash flow from operating activitiesthe direct method and the indirect
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (17 reviews)
For the direct approach the revenue and expense accounts on the income statement are pr...View the full answer
Answered By
Rinki Devi
Professional, Experienced, and Expert tutor who will provide speedy and to-the-point solutions.
Hi there! Are you looking for a committed, reliable, and enthusiastic tutor? Well, teaching and learning are more of a second nature to me, having been raised by parents who are both teachers. I have done plenty of studying and lots of learning on many exciting and challenging topics. All these experiences have influenced my decision to take on the teaching role in various capacities. As a tutor, I am looking forward to getting to understand your needs and helping you achieve your academic goals. I'm highly flexible and contactable. I am available to work on short notice since I only prefer to work with very small and select groups of students.
I have been teaching students for 5 years now in different subjects and it's truly been one of the most rewarding experiences of my life. I have also done one-to-one tutoring with 100+ students and helped them achieve great subject knowledge.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Financial Reporting And Analysis Using Financial Accounting Information
ISBN: 139
12th Edition
Authors: Charles H Gibson
Question Posted:
Students also viewed these Managerial Accounting questions
-
using indirect method, find cash flow from operating activities Willaby Inc. Comparative balance sheet Cash.......2017 ($50) 2016($35) Accounts recievable..... 2017 ($46) 2016($20)
-
From the following, calculate the net cash flow from operating activities using the indirectmethod: Merchandise Inventony Accounts Receivable Prepaid Insurance Accounts Payable Salaries Payable 2011...
-
Compute net cash flow from operating activities for Tulsa Corporation under the indirect reporting format. Tulsa Corporation provided you with the following information for the current year. Compute...
-
Plot the six risks on a probability/impact matrix using the project impact matrix 2023 template. Write one to two sentences stating the rationale for how you determined the quadrant placement for...
-
What trends in the enterprise market are affecting BBRY (BlackBerry)?
-
. Examine the following corporate Web sites and determine if the strategies pursued by these firms were emergent, deliberate, or both emergent and deliberate. Justify your answer with facts from the...
-
Red meat and heart disease. A study presented at ESC Preventive Cardiology 2021, an online scientific congress of the European Society of Cardiology (ESC), explored the link between red meat...
-
Food Intake of a Hamster. The energy output of an animal engaged in an activity is called the basal metabolic rate (BMR) and is a measure of the conversion of food energy into other forms of energy....
-
At the time of Addisons death, he owned 70% of the stock in Robin Corporation, a closely held family business. Over the past five years, Robin has averaged annual profits of $400,000 in an industry...
-
The Bechtal Tire Company (BTC) is a supplier of automotive tires for U.S. car companies. BTC has hired you to analyze its sales. For this problem, do all the work in Forecast X and be sure to request...
-
Indicate the three techniques that may be used to complete the steps in developing the statement of cash flows.
-
Depreciation expense, amortization of patents, and amortization of bond discount are examples of items that are added to net income when using the indirect method of presenting cash flows from...
-
Repeat Prob. 5116 using the implicit method with a time step of 1 min. Data from problem 116 A common annoyance in cars in winter months is the formation of fog on the glass surfaces that blocks the...
-
Use the following data to calculate the requested ratios for Tristar Transport and Logistic Services. Briefly analyse each answer. 1) Days accounts receivable. 2) Inventory turnover. 3) Debt/equity....
-
The following partial information is contained in the variance analysis received from the Western Plant of Eastlawn Company. All plants at Eastlawn apply overhead on the basis of direct labor-hours....
-
The Hudson Company is the sponsor of an IRS qualified defined benefit pension plan for a single employer. The pension plan calculates pension benefits based on factors like age, years of service, and...
-
Find the area enclosed by one loop of the four-leaved rose r = cos(20).
-
Landen Corporation uses a job-order costing system. At the beginning of the year, the company made the following estimates: Direct labor-hours required to support estimated production 65,000...
-
Advanced: Decision on whether to subcontract an appliance repair service or do own maintenance A company producing and selling a range of consumer durable appliances has its after-sales service work...
-
Calculate I, , and a for a 0.0175 m solution of Na 3 PO 4 at 298 K. Assume complete dissociation. How confident are you that your calculated results will agree with experimental results?
-
In Problems 2124, classify the requested angles shown in Figure 7.29, where ,1 and ,2 are parallel. Figure 7.29 a. 10 if m2 11 is 90 b. 16 if m/15 is 30
-
Are intangible assets recognized sufficiently under IFRS and US rules?
-
Explain how assets are measured under IFRS. How could this be improved?
-
Explain the difference between 'hedging' and 'hedge accounting'. In each case, what are the arguments in favour of doing them?
-
Mass LLp developed software that helps farmers to plow their fiels in a mannyue sthat precvents erosion and maimizes the effoctiveness of irrigation. Suny dale paid a licesnsing fee of $23000 for a...
-
Average Rate of Return The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals: 3D Printer Truck Amount of investment $40,000 $50,000 Useful life...
-
4. (10 points) Valuation using Income Approach An appraiser appraises a food court and lounge and provides the following assessment: o O The building consists of 2 floors with the following (6)...
Study smarter with the SolutionInn App