What effect does providing services on account have on the statement of cash flows? What effect does it have on the balance sheet?
What will be an ideal response?
There is no effect on the statement of cash flows when services are performed on account. Assets and equity will increase on the balance sheet.
Providing services on account does not affect the cash account; therefore, the statement of cash flows is unaffected. The asset accounts receivable increases as does equity (since revenue increases retained earnings).
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_____ is determined by subtracting the costs associated with both the debt and the equity that the firm uses from its after-tax operating income?
A. A firm's price earnings ratio (P/E) B. A firm's expected capital gains yield C. A firm's intrinsic value of stock D. A firm's nonconstant growth of stock E. A firm's economic value added (EVA)
There are many traits that are said to be important to leadership success. Which three traits do you believe are the most important? List in order of priority.
What will be an ideal response?
Which of the following statements about the causes-of-loss special form of the ISO commercial package policy is (are) true?
I. The causes-of-loss special form provides open perils coverage and insures against direct physical loss. II. The causes-of-loss special form excludes loss caused by earthquake. A) I only B) II only C) both I and II D) neither I nor II
The SIP invite is transmitted to the ________
A) called party's SIP proxy server B) called party's VoIP phone or computer C) both A and B D) neither A nor B