Which is a source of cash quizlet?

Q: What is a source of cash quizlet?

what is a source of cash? Give three examples. A firms activity that generate cash. A decrease in an asset account or an increase in a liability (or equity) account is a source of cash.

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Which is a source of cash?
What is a source of cash quizlet?
Which one of the following is a source of cash flows?
Which of the following are the sources of cash for a firm?

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11th EditionClaudia Bienias Gilbertson, Debra Gentene, Mark W Lehman

1,009 solutions

Accounting

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Changes in owner's equity come from net income or loss and from additional owner investment or withdrawal.

• For Patry Best Pharmacy net income for 2019 was $54,458, however owner equity increased by only $52,458. Therefore a withdrawal of $2,000 must have been made by the owner.

reflect these cash related corrections, the change in owner equity is replaced by entries listing net income as $54,458, a source of cash and owner withdrawal as a $2,000 use of cash.

Income= source, withdrawal=use

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Which one of the following accurately describes the three parts of the Du Pont identity?

A. operating efficiency, equity multiplier, and profitability ratio

B. financial leverage, operating efficiency, and profitability ratio

C. equity multiplier, profit margin, and total asset turnover

D. debt-equity ratio, capital intensity ratio, and profit margin

E. return on assets, profit margin, and equity multiplier

Which is a source of cash?

The most common sources of cash for a business are accounts receivable, inventory, and investments. Other sources of cash include loans from banks or other lenders, lines of credit, and advances from customers.

What is a source of cash quizlet?

what is a source of cash? Give three examples. A firm's activity that generate cash. A decrease in an asset account or an increase in a liability (or equity) account is a source of cash.

Which one of the following is a source of cash flows?

Answer and Explanation: The correct answer is an a) Increase in accounts payable. An increase in accounts payable means that the cash payable is not being paid, thus increasing the cash flow and being a source for it.

Which of the following are the sources of cash for a firm?

Retained earnings, debt capital, and equity capital are three ways companies can raise capital. Using retained earnings means companies don't owe anything but shareholders may expect an increase in profits. Companies raise debt capital by borrowing from lenders and by issuing corporate debt in the form of bonds.