Question
Under which method the Cash Flow Statement is prepared
by adjusting the profit figure in the income statement?Solution
Cash Flow Statements can be prepared using 2 methods: 1.      Direct Method – takes the inflows and outflows directly. Example- sale of an asset increase the inflow and gets added in the opening cash 2.      Indirect Method – calculates the changes in the cash flows by adjusting the profit figure in the income statement. Example – depreciation is added in the profits since it is an expense which reduced profits but not cash. Therefore, this method attempts to find the cash flows by moulding the profits to the actual cash flows.
Choose the appropriate option to arrange the sentences in the correct order to form a meaningful paragraph.
A-To defend conservative values,
...A. outstanding loans by September 2018, so the end
B. to continue to rise to as high as 11.1% of total
C. to the bad loans mess seems nowh...
Given below are six sentences, out of which sentences A and F are in the correct position. Sentences B, C, D and E are in a jumbled order. Select the op...
Which of these should be the SECOND sentence after rearrangement?
Which of the following would be the FIRST statement after rearrangement?
1. With such a passive attitude, the very
P. to one that is inferior you will begin to
Q. moment you pass from a superior environment
...Which of the following would be FIFTH the statement after rearrangement?
Choose the appropriate option to arrange the sentences in the correct order to form a meaningful paragraph.
A-It requires physical endurance, whi...
Which sentence should come first in the paragraph?
Which of the following is the last (sixth) sentence if the passage?