Genius Inc.uses the indirect method to prepare its statement of cash flows.Using the worksheet shown below,enter the adjustments needed to record Net Income for the year ended December 31,2014 of $49,000.
Definitions:
Execution
The process of carrying out a plan, order, or course of action to achieve a specific outcome.
Strategy
An organization’s long-term course of action designed to deliver a unique customer experience while achieving its goals.
Leadership
The ability to guide, direct, or influence people toward the achievement of a goal or an objective.
Marketing Effort
The total activities and strategies employed by a company to promote and sell its products or services to its target market.
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