What is the difference between preparing the statement of cash flows using the direct method and using
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (12 reviews)
When the direct method of preparing the statement of cash flows is used each ...View the full answer
Answered By
ANDREW KIPRUTO
Academic Writing Expert
I have over 7 years of research and application experience. I am trained and licensed to provide expertise in IT information, computer sciences related topics and other units like chemistry, Business, law, biology, biochemistry, and genetics. I'm a network and IT admin with +8 years of experience in all kind of environments.
I can help you in the following areas:
Networking
- Ethernet, Wireless Airmax and 802.11, fiber networks on GPON/GEPON and WDM
- Protocols and IP Services: VLANs, LACP, ACLs, VPNs, OSPF, BGP, RADIUS, PPPoE, DNS, Proxies, SNMP
- Vendors: MikroTik, Ubiquiti, Cisco, Juniper, HP, Dell, DrayTek, SMC, Zyxel, Furukawa Electric, and many more
- Monitoring Systems: PRTG, Zabbix, Whatsup Gold, TheDude, RRDtoo
Always available for new projects! Contact me for any inquiries
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078110894
6th Edition
Authors: Edmonds, Tsay, olds
Question Posted:
Students also viewed these Managerial Accounting questions
-
Preparing a statement of cash flows from changes in balance sheet accounts The comparative balance sheets of Southwest Airlines show the following information for a recent year (amounts in...
-
When preparing a statement of cash flows using the direct method, why must the sales revenue figure be adjusted to arrive at cash receipts from sales?
-
Preparing a Simple Statement of Cash Flows Using the Indirect Method Avalos Corporation is preparing its annual financial statements at December 31, 2011. Listed here are the items on its statement...
-
Marks 1. Find the limits, if they exist. If a limit does not exist, check whether the function approaches +00 x2 + 2x - 15 (5) (a) lim x-3 x2-4x +3 x2 - 4 (5) (b) lim x2 x4 - 16 Carol Ferland CF...
-
The file P03_55.xlsx lists the average salary for each Major League Baseball (MLB) team from 2004 to 2011, along with the number of team wins in each of these years. a. Rearrange the data so that...
-
Terry Powell was a property owner in Marshall County, Kentucky. Tosh Farms General Partnership raised swine in barns on land within one mile of Terry Powells residence. Jimmy Tosh was the general...
-
The standard normal variable, \(z\), corresponding to the normal variable \(x\), is defined as a. \(z=\frac{\bar{x}}{\sigma_{x}}\) b. \(z=\frac{x-\bar{x}}{\sigma_{x}}\) c. \(z=\frac{x}{\sigma_{x}}\)
-
Philip Musa can build either a large video rental section or a small one in his Birmingham drugstore. He can also gather additional information or simply do nothing. If he gathers additional...
-
3. Dollar General has a sale on a 12 pack of 12 ounce cans of Pepsi. Buy three for $11 and get a digital coupon for $2 off. It is also offering a sale on a 6 pack of 16.9 ounce bottles. Get four 6...
-
The following table shows the stock price, earnings per share, and dividends per share for Alphabet Inc. (GOOG), PepsiCo, Inc. (PEP), and Caterpillar Inc. (CAT) for a recent year: 1. For each...
-
In which section of the statement of cash flows would the following transactions be reported? (a) The amount of the change in the balance of accounts receivable. (b) Cash purchase of investment...
-
Which method (direct or indirect) of presenting the statement of cash flows is more intuitively logical? Why?
-
Financial information for The Buckle is presented in Appendix B at the end of the book. Required: 1. The summary of significant accounting polices is located in footnote A to the financial...
-
For what reason in Eelthousev Bindley is the Nephew the only authorized party to sue the auctioneers given the cause of action in that case. [a] Identify the cause of action and [b] explain why the...
-
Can someone have a diagnosis consistent with a mental illness, but still be competent and responsible for his/her actions? Explain your
-
Many have suggested the criminal justice system has now become the new mental health hospitals. Why? What are the potential harms of the criminal justice system becoming the new mental health...
-
The price of a phone call at a pay phone was 5 cents in 1950 and the price of a first- class stamp was 3 cents. In 2016, the pay phone costs 50 cents for a call and a first- class stamp costs 47...
-
Debra is thinking about going to Disneyland with her friend. Debra is willing to pay HK$X to go to Disneyland. A ticket to Disneyland costs HK$428 and she will have to cancel her part- time job that...
-
Consider a spring mass damper system with the following Input-Output model: \[m \ddot{y}+f \dot{y}+k y=u(t) \text { where } u(t) \text { is a constant, and } \dot{y}(0)=0\] (a) Find \(Y(s)\), the...
-
Show that if A is any m n matrix, then Im A = A and AIn = A.
-
Suppose that peoples attitudes can take three possible positions: L, M, and R, where you can think of L as leftist, R as rightist, and M as middle-of-the-road. Consider a society in which it is known...
-
Listed here are the stockholders equity sections of three public companies for fiscal years ending in 2017 and 2016. (Note that for General Mills these data are for the fiscal years ended on May 27,...
-
Sabel Co. purchased assembly equipment for $500,000 on January 1, Year 1. Sabels financial condition immediately prior to the purchase is shown in the following horizontal statements model. The...
-
Delta Machine Company purchased a computerized assembly machine for $135,000 on January 1, Year 1. Delta Machine Company estimated that the machine would have a life of four years and a $25,000...
-
In eukaryotes, which two processes occur during termination of transcription?
-
Below is the list of eukaryotic organelles. Mitochondria | Plant chloroplast | Nucleus | Lysosome | Nuclear envelope | Rough endoplasmic reticulum | Golgi apparatus | Smooth endoplasmic reticulum |...
-
Study customer touchpoints. Remember that we are working with the B2C market. Select two stages of the customer decision journey Answer the following questions: For each selected stage, identify a...
Study smarter with the SolutionInn App