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2 years ago

Marking brainliest! What is an example of a public corporation?

Business

2 answers:

Paha777 [63]2 years ago

8 0

I think it is Library

stepladder [879]2 years ago

5 0

Answer:

Library

maybe

probably because many people

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For the year ended December 31, Year 1, Fields Company made cash payments of $61,600 for dividends, paid interest of $30,400, pa

Yanka [14]

Answer:

D. $77,600

Explanation:

The $77,600 made to purchase equipment would be reported as a cash outflow in the investing activities section. This is because asset purchased such as equipment is an investment while the cash used to purchase the asset is regarded as cash outflow.

Dividends are recorded in the financing section, while cash paid for interest and paid to suppliers would be recorded in the operating activities.

4 0

3 years ago

Contingent liabilities should be recorded in the accounts when: it is possible the future event will occur the amount of the lia

slava [35]

Either of the above would be correct

3 0

3 years ago

Write down the characteristics which had the highest poverty rate in 2016?

adoni [48]

Answer:

Follows are the solution to this question:

Explanation:

The poverty rate is the proportion of those whose income falls below the poverty line, as well as, the official poverty level of 2016 was 12.7% when half of the median family income for the overall population. Below are the highest poverty level features in 2016:

Desire to share exposure to food and clean water.
Entry to living standards or jobs is little to no.
Conflict.
The unfairness.
Wretched schooling.
The shift in the atmosphere.
Transportation deficit.
The government's limited capacity.

3 0

3 years ago

Generating ideas by comparing specific project practices or product characteristics to those of other projects or products insid

Ganezh [65]

Answer:

This process is known as Benchmarking

Explanation:

Benchmarking is the process of comparing business process and performance to the best practices from the other companies. The dimensions measured and compared are time, quality and cost.

This allows the organizations to improve the projects or plans or adapt the specific best practices with the aim of increasing the performance.

7 0

3 years ago

Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missin

tankabanditka [31]

Answer:

For 2013:

Net sales = $279,000

Ending inventory = $32,000

Purchases = $242,000

For 2014:

Sales revenue = $360,000

Cost of Goods sold = $269,000

Ending inventory = $24,000

For 2015:

Net sales = $390,000

Sales returns and allowances = $20,000

Beginning inventory = $24,000

Ending inventory = $31,000

Explanation:

Note: See the attached excel file for the tabulated income statement data to see the filled missing amounts. The answers are the ones in bold red color.

For each of the years, the calculations are done as follows:

For 2013:

Net sales = Sales revenue - Sales returns and allowances = $290,000 - $11,000 = $279,000

Ending inventory in 2013 = Beginning inventory in 2014 = $32,000

Purchases = Cost of Goods sold - Beginning inventory + Purchase returns and allowances – Freight-in + Ending inventory = $233,000 - 20,000 + 5,000 - 8,000 + $32,000 = $242,000

For 2014:

Sales revenue = Sales returns and allowances + Net sales = $13,000 + $347,000 = $360,000

Cost of Goods sold = Net sales - Gross profit on sales = $347,000 - $91,000 = $269,000

Ending inventory = Beginning inventory + Purchases - Purchase returns and allowances + Freight-in - Cost of Goods sold = $32,000 + $260,000 - $8,000 + $9,000 - $269,000 = $24,000

For 2015:

Net sales = Cost of Goods sold + Gross profit on sales = $293,000 + $97,000 = $390,000

Sales returns and allowances = Sales revenue - Net sales = $410,000 - $390,000 = $20,000

Beginning inventory in 2015 = Ending inventory in 2014 = $24,000

Ending inventory = Beginning inventory + Purchases - Purchase returns and allowances + Freight-in - Cost of Goods sold = $24,000 + $298,000 - $10,000 + $12,000 - $293,000 = $31,000

Download xlsx

5 0

3 years ago