tarted on Tuesday, 28 March 2023, 9:32 AM
State Finished
Completed on Tuesday, 28 March 2023, 9:52 AM
Time taken 19 mins 41 secs
Marks 15.00/15.00
Grade 100.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
Using the data presented below to answer the following question, Choose the best option from the given answers to answer each question.
Which one of the following formulas is correct when calculating Sibusiso's Products International 2021 EBIT in B11 using an excel worksheet?
Using the data presented below to answer the question. Choose the best option from the given answers to answer each question.
The formula for the change in accounts receivable (in B6) from the above balance sheet to be included in the cash flow statement should be =?
(Assuming the worksheet is named "Balance Sheet")
a. = 'Balance sheet'! C5 + 'Balance sheet'! B5
b. = 'Balance sheet'! C5 – 'Balance sheet'! B5
c. = 'Balance sheet'! C6 + 'Balance sheet'! B6
d.
= 'Balance sheet'! C6 – 'Balance sheet'! B6
Your answer is correct.
The correct answer is:
= 'Balance sheet'! C6 – 'Balance sheet'! B6
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Oustandingtutors. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.92. You're not tied to anything after your purchase.