answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lelu [443]
2 years ago
13

The order of presentation of activities on the statement of cash flows is

Business
1 answer:
Rufina [12.5K]2 years ago
6 0

Answer:

Operating activities

Investing activities

Financing activities

Explanation:

In a cash flow statement, the activities of the organization are usually recognized in 3 parts namely; Operating activities, investing activities and financing activities.

The operating activities include elements such as net profit, non cash items, change in current assets and liabilities.

The investing activities include cash flows from the disposal and purchase of assets etc

The financing activities includes cash flows from the disposal and sale of shares etc.

The net cash flows from these activities is the netted off the cash balance at the beginning of the period to get the cash balance at the end of the period.

Hence the order of presentation of activities on the statement of cash flows is

Operating activities

Investing activities

Financing activities

You might be interested in
Julie is a sales associate for ABC Realty. She sold a house that was listed in the MLS from XYZ REALTORS®. The list price was $3
zmey [24]

Answer:

Julie made <u>$5,087.25</u> in commission on this sale.

Explanation:

Selling price of the property = Listed price * Percentage of listed at which the property is sold = $340,000 * 95% = $323,000

Commission on sales of the property = Selling price of the property * Commission rate = $323,000 * 7% = $22,610

Amount of the commission to Julie's broker = Commission on sales of the property * Commission share percentage to Julie's broker = $22,610 * 45% = $10,174.50

Since Julie and her broker split the commission equally, we have:

Commission made by Julie from the property sale = Amount of the commission to Julie's broker / 2 = $10,174.50 / 2 = $5,087.25

Therefore, Julie made <u>$5,087.25</u> in commission on this sale.

4 0
1 year ago
From the information given below, calculate the quick ratio. Particulars Amount (in $) Particulars Amount (in $) Cash 20,000 Acc
Nat2105 [25]

Answer:

C. 1.25 times

Explanation:

Given: Cash 20,000 Accounts payable 11,000 Notes receivable 15,000 Wages payable 5,000 Stock 5,000 Retained earnings 20,000 Inventory 6,000 Notes Payable 8,000.

Current asset: Cash.

Current Liability: Accounts payable.

Now, calculating the quick ratio.

Formula; Quick ratio= \frac{Current\ asset- Inventory}{Current\ liability}

⇒ Quick ratio= \frac{20000- 6000}{11000}

⇒ Quick ratio= \frac{14000}{11000}

∴ Quick ratio= 1.27 ( 1.25\ is\ closest\ options\ given)

Hence, Quick ratio is 1.25 times

7 0
2 years ago
Joe and Joanne own JoJo's Jet-Fast Oil-Change and Auto Service. When budgeting for next year's benefit expenses, Joe and Joanne
SpyIntel [72]
The correct answer is b
5 0
1 year ago
Due to his reputation of putting together powerful presentations, Bennett was contractually hired by Robotic Life, Inc., to help
Alla [95]

Answer: Virtual organization

Explanation:

Virtual organization is referred to as or known as a permanent or temporary collection of the geographically dissipate individuals, organizational units, groups, or maybe the entire organization that tends to depend upon the electronic linking so as to complete production of the process. Virtual organizations do not tends to represent an organization's attribute but on the other hand is taken in consideration as a completely different organizational form.

4 0
1 year ago
Giving a retailer an incentive to sell your product/service is the responsibility of which of the marketing mix?
likoan [24]

It depends on the contract. But it's mostly what seller do  ...

6 0
2 years ago
Other questions:
  • A simple index of three stocks have opening values on day 1 and day 8 as shown in the table below. What is the rate of change of
    15·2 answers
  • Hettenhouse Company's perpetual preferred stock sells for $102.50 per share, and it pays a $9.50 annual dividend. If the company
    14·1 answer
  • Joseph inherited a set of candlesticks that he has no use for. He took them to an antique dealer to find out what they were wort
    11·1 answer
  • Burton currently has $850,000 of long-term debt outstanding, 5,000 shares of preferred stock ($10 par) with a market price of $1
    13·2 answers
  • Tyell Corp. is a financial consulting firm. The firm has a varied client base. It also hires employees from various ethnicities
    14·1 answer
  • A young couple living in rural west-central Missouri heard about the closing of a local grocery store. Although a small operatio
    12·1 answer
  • One local hospital has just enough space and funds currently available to start either a cancer or heart research lab. If admini
    15·1 answer
  • Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below.
    15·1 answer
  • Two consumers, A and B, consume books and wine. Consumer A's initial endowment is (60, is, has has 60 books and 10 bottles of wi
    6·1 answer
  • "What is the ultimate reason for trading equity for financial support? a. it is usually a deal/no deal option b. preparing for t
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!