always tell their children that if they use too much technology their brain will turn to mush. Children`s brains won`t quite turn to mush‚ but there still are lots of effects of using too much technology. Young children and teens should be allowed only one to two hours of screen time per day‚ while children ages two and under should be allowed no screen time at all. A study has shown that 61% of people have said that 5 or more hours of their day is screen time‚ while 30% of people have said that 9 or more
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each of the years on the Statement of Cash Flows: Major sources of cash in 1990 were investing activities‚ Major Sources of cash in 1989 were financing activities 1. What were the firm ’s major sources of cash? Its Major sources of cash were provided by operating major uses of cash? activities. ( Cash provided by investing activities in 1991 followed by operating activities. Major uses of cash (operating activities also were sources of cash)‚ while was much less than operating activities ). Major
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difference at university level. Free third level education has several advantages. First of all‚ everyone can attend‚ so the gap between rich and poor students decreases as poorer students have more opportunity. The economy also benefits from the increased pool of highly educated labor. An educated workforce attracts employers and foreign investment. Socially‚ a more educated population should have more choices regarding nutrition‚ jobs and lifestyle. An additional point is that university fees only contribute
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Why should organisations collect‚ file and maintain accurate financial records? To have a record of how the business is running. This allows us to determine how the business is sitting financially and display what money is going where and whether there is room for improvement. Basically‚ it is used to anaylse the business as a whole and to determine performance for both employees and for the organisation. What are the expectations of managers and supervisors in relation to budget or financial
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I. INTRODUCTION Statement of Cash Flow (Cash Flow Statement) describes the changes in the cash position of a company during specific period of time. In business as in personal finance‚ cash flows are essential to solvency. Solvency can be described as the degree to which the current assets of an individual or entity exceed the current liabilities of that individual or entity. Cash flow is crucial to an entity’s survival. Having ample cash on hand will ensure that creditors‚ employees and others
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Statement of Cash Flows Preview of Chapter Usefulness and Format Usefulness of the Statement of Cash Flows Provides information to help assess: 1. Entity’s ability to generate future cash flows. 2. Entity’s ability to pay dividends and obligations. 3. Reasons for difference between net income and net cash provided (used) by operating activities. 4. Cash investing and financing transactions during the period. SO 1 Indicate the usefulness of the statement of cash flows. Usefulness
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Cash Flows paper Cash flows are the flow of funds in and out of a company. The cash flows statement is one of four financials statements used by firms to report their financial position‚ including the balance sheet‚ income statement and statement of shareholders equity. The Cash flows statement is a statement that reports the flow of funds‚ the origin of the funds and how the funds are spent within a business. The cash flow statement can be recreated from information documented on the balance sheet
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Cash Flow Week 7 Checkpoint XACC/291 Cash Flow 2 Generally‚ two approaches are used to prepare the statement of cash flows direct and indirect method. Of both these methods‚ the direct method results in a more easily understandable report. The direct method for preparing statement of cash flows emphasizes on reporting major classes of gross cash receipts and payments. A method of creating a statement of cash flow during
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Why should people travel? This is the story of a woman‚ who travelled the world to find that the best place is home. However‚ the journeys took her across continents over oceans. This story began when a little girl was sitting on her porch watching the pedestrians fleeting by. When suddenly a huge noise jolted her out of her day dreaming‚ and all she saw was a metal bird flying overheard. The noise made her shudder and she ran into the house screaming for her Dad. Running into his arms‚ with no
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Cash Flow University of Phoenix Cash Flow “The statement of cash flows reports the cash receipts‚ cash payments‚ and net change in cash resulting from operating‚ investing‚ and financing activities during a period” (Weygandt‚ Kimmel‚ & Kieso‚ 2010‚ p. 614). Companies are required to prepare a statement of cash flow because it contains important information about the company that deems useful for external sources‚ such as investors‚ to make educated decisions about a company. The
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